LoMoCoin Fees

Deposit, Trading & Withdrawal fees

LoMoCoin Exchange Fees

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What is LoMoCoin?

LoMo is heavily committed to its Research & Development process and to continuously improve its own blockchain technology. We have already (1) rewritten 90% of the Proof of Stake (PoS) blockchain packaging code, (2) realized an intelligent agreement support for our PoS mechanism, (3) started to pioneer with our sidechain technology, (4) offer an expansion on our self-adaptive trading capacity, and made effective blocksize and speed adjustments, together with many other technological achievements.

Cryptocurrency Social Network Scrypt Proof Of Work Proof Of Stake Premine Mining

Launch date 2016-04-18
Development status On-going development
Whitepaper Link
Org. Structure Centralized
Open source No
HD Wallet No
Consensus type Proof of Work & Proof of Stake
Hash algorithm Scrypt

LoMoCoin sites

Explorer
Source code
Website
Reddit
Facebook

Coin categories

Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Social Network
Website that is used to build social networks and social relations that are based on similar interests, shared professional or private life, etc.
Scrypt
It’s an algorithm that is used by Litecoin, etc. (ASIC mining)
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
Proof Of Stake
Algorithm that allots mining (minting) rights to the miners proportional to their stakes held in the cryptocurrency.
Premine
A premine is where a developer allocates a certain amount of currency credit to a particular address before releasing the source code to the open community.
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power

Team members

Position Links
Xiong Lijian CEO
Wang Xiaodong CTO
Zou Taoji CMO
Xu Yang Founding Partner
Wen Gebin Founding Partner
Zhu Guiliang Product Director
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