Principally, digital currencies have been perceived by the wider world as the domain of the technically minded; reserved only for those with an in depth understanding of ledgers, cryptography and with access to the vast amount of computer power supposedly needed for the mining process.
Technical jargon aside, digital currency can actually offer something incredibly valuable to the masses and to the global economy.
At LEOcoin we have always maintained that the real power of this monetary innovation lies in its ability to level the playing field and democratise finance.
That is why we have taken the exciting step to change how everyone can mine LEOcoin, by shifting to a 100% Proof of Stake system.
In essence you lend the processing power of your computer to the network to solve algorithms that generate digital currency.
To date, this of course means that individuals have needed to have a certain level of technical know-how to be able to invest in digital currencies.