August 17, 2016 – LEOcoin has been constantly gaining the attention of entrepreneurs, governments and private enterprises across the world. The digital currency is empowering individuals and businesses by offering them a fast and secure mode of transaction. LEOcoin and its accompanying infrastructure is being developed by The LEOcoin Foundation and allows merchants to make use of the digital currency for their day-to-day business. Unlike most of the altcoins out there, LEOcoin has achieved a great deal of success in a very short span of time. LEOcoin was created in June 2014, but the digital currency started gaining widespread media attention after The LEOcoin Foundation launched the first dedicated digital currency exchange – LEOxChange. Very recently, LEOcoinmerchants.com launched as a site to provide a directory of LEOcoin merchants. As The LEOcoin Foundation pushes forward to create a diverse digital currency ecosystem, the Foundation has recently released a white paper explaining the vision for the future of digital currency . The recently issued LEOcoin White Paper offers a brief background of the digital currency followed by the platform’s future roadmap for technical improvements and increased adoption. At a time when the global economy is registering a steady decline, digital currency assets like LEOcoin offers a monetary alternative whose value doesn’t diminish the same way as fiat currencies. LEOcoin is in a constant learning process, where the digital currency learns from Bitcoin’s journey and implements necessary changes to overcome similar challenges. This process has recently resulted in LEOcoin’s shift from a mixed Proof of Work (PoW) / Proof of Stake (PoS) consensus protocol (PoS), to a sole PoS mechanism. By doing so, LEOcoin has made the whole coin creation process of mining/staking LEOcoin more energy and cost efficient. Anyone with a computer and a wallet containing over 1,000 LEOcoin can now […]
