Author: Mark

The “Casper” project being worked on by the Ethereum development team is simply a fix for a flawed Proof of Stake (POS) system.

As it stands POS has a major flaw to where if a malicious blockchain is formed anyone can profit off of it essential making cryptocurrency useless in this state and is also known as the “Nothing at Stake” problem, where no matter what you do you can’t lose which is good for those people, but bad for the future of crypto-kind so it can’t happen.

The Casper Project(s) being worked on fix this issue by penalizing members of malicious blockchains, in doing so, also cripples the new verifiers where as they get a rejected share that may not be malicious, will lose their stake.

What does this meme stand for? Where did it come from? In the event that you search for the term on Google, you would come across many people claiming to be the innovator of the meme!

What does it really mean? Where did it originate from?

LeagueCoin is a cryptocurrency that trades under the LOL symbol. It was founded in 2014 and is management by the Leaguecoin Team.

It uses a X11 algorithm. Like most cryptocurrency there is a limit to the number of coins.

It is recognized as tradable and can be traded with other cryptocurrency like Bitcoin.