Luceo (CEO) is an Ouroboros currency. This is a Proof-of-Stake currency with an estimated energy consumption of about 20800 kilowatthours (kWh) per year for the whole entire network. Negligible compared to chains like Bitcoin (BTC) which uses some 22 terawatt-hours (TWh) per year. Luceo (CEO) aims to implement Ouroboros Crypsinous a privacy preserving extension for scenarios where you do not want people snooping into your privacy.
Luceo's stakepool implementation is implemented in Rust, a blazingly fast and memory-efficient programming language with no runtime or garbage collector.
Users take part in securing Luceo by delegating their Luceo to a stakepool, they earn Luceo rewards in this process.
The stakepool uses a rich type system and memory ownership model guaranteeing memory-safety and thread-safety, eliminating many classes of bugs at compile-time.