Quote from: kay5ive on November 08, 2017, 09:02:32 AM

Quote from: LEOcoin Foundation on November 06, 2017, 03:55:00 PM

Quote from: kay5ive on November 06, 2017, 06:52:19 AM

Hi,

New in LEOCoin, and want to know that LEOCoin is promoting POS based model or POW?
where i can find merchants in Pakistan?

The LEOcoin blockchain uses the X11 hashing algorithm and Proof-of-Stake (PoS) as a coin creation mechanism. Further specifications:

   Total coinage: 1 billion coin cap.
   Ticker: LEO
   Block time: 1 minute
   Difficulty retarget 15 blocks
   Stake Interest: 5-20%
   Staking time: 60 blocks
   Minimum Stake Age, 24 hours, One Year Max age
   LEOcoin source code (GitHub) https://github.com/Leocoin-project/LEOcoin

For Merchants, please check this Merchant portal: https://leocoinmerchants.com/MerchantProgram/SearchResults.aspx. Just search on 'Pakistan' and find some of the merchants that accept LEOcoin.

Do you only mining for LEOCoin cryptocurrrency?

Do you offer Cloud Mining services in Solvenia? i have seen videos of Solvenia Mining Farm where bitcoin miners and GPU rigs were mining cryptocurrencies. If the cloud mining services is being processing then how much the cost for mining contracts?

@kay5ive

LEOcoin is a 100% Proof-of-Stake coin since the summer of 2016 and cannot be mined any longer. The LEOcoin Foundation is not involved in mining activity either.