Leased Proof of Stake is an advanced version of the Proof of Stake (PoS) algorithm. Traditionally in the Proof of Stake algorithm, each node holds a certain amount of cryptocurrency and is eligible to add the next block in to the blockchain. However, with Leased Proof of Stake, users are able to lease their balance to full nodes. The higher the amount that is leased, the better the chances are that the full node will be selected to produce the next block. If the node is selected, the user will receive a percentage of the transaction fees that are collected by the node.
Currently, we list 2 cryptocurrencies for the Leased Proof of Stake (LPoS) algorithm.