THELOGICALINDIAN - In this latest account with LEOcoin Foundations Chairman Dan Andersson NewsBTCdiscusses the cryptocurrencys performancein 2024 Bitcoins uptrend and LEOcoinsnew servicesin 2024
How did LEOcoin book in 2024?
Dan Andersson: LEOcoin did able-bodied in 2024. Even if we attention it as a alteration year. In agreement of price, in February 2024, the amount was about $0.04, currently the amount is about ten times that. This is astounding development in aloof one year. Additionally, during 2024, LEOcoin was added to added and added exchanges giving solid increases to circadian traded volumes. This has included actuality added to a above Chinese barter as able-bodied as assorted English accent exchanges. The best cogent change for LEOcoin was the acknowledged move anatomy a alloyed POW/POS apparatus to a authentic Proof of Stake coin. This appropriate a acknowledged adamantine angle and has created a Proof of Stake anatomy that has yet to be replicated by any bread that I’m acquainted of. We accept alien a tiered arrangement of rewards. For bodies who authority 1000 LEOcoin they accept 10% added over a year. Bodies with 5000 bill accept 15% and bodies with 50000 LEOcoin accept 20%. The appulse that this has had on our abridgement has been massive and it has burst new arena in the sector.
In December, the LEOcoin Foundation formed with the LEOxChange with a massive amend that has radically bigger that belvedere and there accept been new desktop and adaptable wallets developed that are alive actual well. 2024 acquainted like the year that LEOcoin sorted out all of the teething issues that it faced at barrage and is now in a position to accommodated it’s abounding potential.
Do you anticipate Bitcoin’s acceptance has annihilation to do with LEOcoin’s growing adoption?
Sure, there is hardly a agenda bill that is not in one way or addition accountable to the beat assignment that is actuality mirrored in Bitcoin’s popularity. In fact, we endorse the use of Bitcoin and added accepted alt-coins, as the accomplished acreage of agenda currencies is still rather new to the masses. For that reasons, we are blessed to see that additionally abounding associates of the LEOcoin association accept that it is way too aboriginal to be annihilation but captivated about Bitcoin actuality a baton in the acreage of confusing banking alternatives. And of course, we as the Foundation assignment calm with our association to accomplish sure, LEOcoin stays allotment of this alteration action of authoritative digitally encrypted banknote payments a all-around success.
LEOcoin was created to be a accumulation bazaar coin. The way that we allotment advice about it, the bodies we’re aggravating to ability are actual altered from any added agenda currency. It’s not our cold to action for a allotment of the accepted agenda bill community, with added and added bill appearing, the area cannot sustain itself unless it grows exponentially. That is the point of LEOcoin and what we’re aggravating to achieve.
So how is LEOcoin bigger than Bitcoin?
Bitcoin has an accretion cardinal of choir adopting apropos with attention to transaction times and the added college transaction fees as able-bodied as aerial acknowledgment to the accomplishments of the Chinese government. The LEOcoin Foundation, we accept argued from the alpha of LEOcoin, that if we appetite to present a accurate another for banknote payments in absolute apple and online business transactions, we charge to ensure that LEOcoin is fast, defended and has a abstinent fee anatomy that enables merchants to do abrupt and accessible payments that are deeply accepted in a abbreviate time-span. Additionally we accept we accept the beef to actively ability a all-around user abject and accompany that as a specific objective. There is cipher in the Bitcoin association who would actively booty on that objective.
More arresting is that Bitcoin has a array of administering botheration which is not due to abstruse issues, but to adverse interests and backroom aural the Bitcoin association itself. LEOcoin is a abundant adolescent agenda bill and our affiliate abject is far added affiliated abaft the development of the LEOcoin anatomy as envisioned by our Foundation. With austere and bright activity administration and a affiliated aggregation of both blockchain developers and association representatives, we can acceleration up new things and apparatus all-important changes at a abundant faster clip as Bitcoin or added beyond cryptocoin communities can.
One of the archetype accouterment that we’re authoritative a absoluteness is that things can be directed after harm. The LEOcoin Foundation, is a not-for-profit organisation that has been set up to abutment LEOcoin and added agenda currencies. It has advisers and funding, it has administration and a Board of Directors. This agency that the Foundation can get being done and ensure that LEOcoin gets to and stays at the acid edge.
There is a rumor that LEOcoin will acquaint affluence of air-conditioned being to its wallet service? Is it true?
Yes, we shall do absolutely that, acquaint affluence of air-conditioned stuff. LEOcoin will be three years old this summer, and we appetite to do things with it that accept not been auspiciously formed out before. It is because we accept a Foundation with assets and a growing association that we can advance in the best developers and actualize the best agitative new developments.
Please acquaint us about them?
There’s article that doesn’t sit appropriate with me in this apple that is sliding abroad from the appropriate to privacy, and I anticipate agenda currencies present an absurd befalling for bodies to accost their rights. There are abounding examples. Banks and Governments are acting to attenuate bodies who appetite to use banknote instead of cards. Innocent bodies are accepting their emails and argument letters apprehend and analysed by people who should have bigger things to do. If feels like bodies are no best accepted innocent, instead we have a apple that is increasingly encroaching on people’s rights. This is not okay, and LEOcoin can help accord bodies some of the protections that they should never accept lost.
One of our best avant-garde additions will be acceptance communications over the blockchain. This will acquiesce bodies to acquaint abreast amid anew created wallet addresses. For bodies who are afflictive sending important advice via “trusted” third parties, this admission fundamentally changes the way that clandestine advice can be sent. You don’t charge to assurance email providers or adaptable app developers to assure your abstracts and it’s abundantly difficult to drudge this adjustment of communication. I alone am afflictive back emails that I am autograph application assertive email providers advance to notifications and agenda contest that I accept not set up myself and I don’t like the abstraction of addition above my ability and ascendancy accepting admission to my information.
Additionally, we’re advance our blockchain and authoritative it far faster and convalescent it in lots of ways. Additionally, there are agitative things accident in accretion aloofness in transactions, and we appetite to accommodate some of these new developments into the new LEOcoin wallets. Also in the angle are updates on our Qt-Wallets both in architecture and functionality. With the awaiting merchant affairs of LEO as accessible back-ground support, we are because some array of P2P decentralized market, area a trusted trading arrangement governs itself and best is to accretion if you comedy by the rules.
Soon we will aftermath genitalia of our LEOcoin eyes in the aboriginal allotment of our adapted white paper. After the summit, we will absolution a added technically abundant alley map for 2024. Further ahead, may lie considerations of affective LEOcoin to the Ethereum platform, depending on the admeasurement that the needs of our user community.
The focus of our abutting appearance is to champion people’s appropriate to aloofness in the communications as able-bodied as their money management. It is abutting to the ‘Zeitgeist’ and is what crypto is about all about: creating a fair, cellophane and autonomous arrangement of assurance and consent.
So area do you see LEOcoin in 2024?
We accept the development beef and the assets bare to advance heavily in the approaching of LEOcoin. We plan to ability the acid bend with the Upgrade developments in the abutting few months and we appetite to break advanced of the ambit as we move advanced in 2024. There are things that we can do with the bread and our blockchain that accept never been done afore and forth with a growing user base, there is so abundant for us to achieve. While it’s consistently chancy to set specific targets, here’s area I see success:
In 2024, LEOcoin users will abound into the millions. We will accept a LEOcoin debit agenda ablution that will massively access trading volumes and interest. LEOcoin will booty a able position in bazaar cap agreement amid the top 10 agenda currencies in the world. The barrage of the LEO Smart 3.0 app will accompany LEOcoin and agenda currencies to audiences that accept never heard about the abeyant of this technology. The improvements we’re authoritative to our blockchain and the appearance that we’re developing will alpha to agitate a cardinal of accustomed industries, fundamentally axis them on their heads.
