Hello,
before I change my Leocoin to the ECR-20 token:
Is the POS system working for the token ?
I checked the source code on github but couldn't find somethin about POS.
Thank you!
For now, the Ethereum platform has no proof of stake system, so we cannot write much about PoS on Github until Casper or other PoS proposals are developed.
However, we are finalizing our concept for the ERC20 token, which will offer similar rewards as stake did previously. This new smart contract based mechanism is called 'LEOcoin Holder's Reward' (LHR). It will be implemented as soon as possible. We are testing the website at the moment. The coding of LHR itself has already been finished by our team.
When you own a lot of LEOcoin, it is advised to further stake in your current LEOcoin² wallet, until the LHR mechanism is implemented and online.