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Labh Coin (LABH) is a primarily Proof of Stake (PoS) coin that utilizes the Scypt algorithm. It offers a high fixed annual percentage rate of returns (APR) in the PoS system and superblocks at regular intervals. This investment platform is open to anyone looking to take advantage of its high returns. PoS allows users to mint new coins by simply holding LABH in their wallets, making it a rewarding experience to be part of the LABH blockchain network. Additionally, LABH provides a unique feature that allows investors to buy LABH directly within the wallet itself, using LTC or BTC.
While traditional Proof of Work (PoW) systems often have high operating costs and various issues, PoS offers a more efficient and cost-effective alternative. The LABH team understands the importance of creating an inclusive and supportive community of investors and thus utilizes Discord as their community hub. The team behind LABH consists of experienced veterans in the crypto space who are dedicated to fostering transparency and helpfulness within the community.
To get started with LABH, users can download the wallets for Windows, Mac OS, or Linux from the official website. The LABH journey began in February 2018 with the team’s formation, followed by internal voting for the name of the coin, logo design, and planning of a bounty scheme. By March 2018, wallet development was in progress, along with the feature development for an in-wallet LABH sale. The official website and Discord server were set up in April 2018, with the release of wallets and the announcement page. The roadmap for 2019 was scheduled to be released in the last quarter of 2018.
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