Topic: [ANN] LiteBar (LTB) - Reborn - page 23. (Read 38195 times)

High POS reward is a slowly dead.

You need normal buyers in the real world to survive with a good price a 1 coin...with high pos you need a lot of buying power otherwise the coins price slowly decrease to 1 satosh.

I was a little vague about the PoS.
It would be like Bitbar - 5% yearly

I just don't understand these coins with such high PoS payout.
I mean, if a coin will self-generate massive amounts of coins, then why buy them ??
Sure, you have to get some at first - but then what?
With everybody staking and getting huge returns, how are you going to sell them when everybody else is staking and making huge returns.
I just don't get it.

I think a 5% interest gain makes it worthwhile to hold your wealth for long term, but doesn't cause a gluttony of 'free' coins in the market to lower it's value.

I just don't get it.

Is this a launch or relaunch?

They should do nicely to promote each other.

Yes.
A continuation -or- rebirth of the almost dead litebar.

I would like to see a complete road map too    but for now, I'm just trying to get it back up and running.

so far, there is a web site, and this new thread.
I found the source code for Litebar and will be working on that in the day or two to get an updated wallet ready for download.

Here are my plans so far:
1) Get an updated wallet - both github source for linux, and a windows-qt wallet for download.

2) Once wallets can connect, and have at least 4 connections - for 24 hours, I will submit the bar for listing at Cryptopia

3) ask people to vote at Cryptopia to get it listed. It will cost 5,000,000 DOTs for automatic listing.

If Litebar can do that, then the plans will be to continue with the wallet upgrades, and see about getting donations to cover the cost of a dedicated node (includes block browser) at http://cryptocoinexplorer.com/
This is where Litebar's big brother Bitbar has his     it's $330 a year

Maybe down the road add PoS like Bitbar ??

I understand correctly, it will restart the coin https://bitcointalk.org/index.php?topic=461108.0?
If so, I will be very glad!
I would like to see the complete road map.

i will wait for the wallet so I can download and make some coins, hope this time the dev have strong plan for this coin.

Nice work man,good to see Litebar coming back,thank you 

I like SCRYPT so will keep an eye on it.

Is this a new launch or a relaunch ? Or are there already blocks mined ??

LITEBAR LTB    
 

This was relaunched - on April 4th, 2016

LiteBar is a digital commodity reared out of Litecoin. Similar to Litecoin, LiteBar is a open-source, uses p2p technology in order to function without any central authority, and relies on Scrypt algorithm as Proof of Work (POW).
LiteBar can be stored as a precious metal, used like an interest bearing account, or even exchanged as a global currency.
Moreover, Litbar was specifically designed to appreciate in value over time.


Website
https://litebar.co

Contact
[email protected]


SPECIFICATIONS
Algorithm: Scrypt as Proof of Work (PoW) protocol
Block Time: 3 minutes block target
Confirmations: 4 confirmations
Mined Confirmations: 90
Difficulty Retargets: Once per block (using Kimoto Gravity Well)
Total LiteBars Rewarded: 1350000 (1.35M) only. This is a rare bar!
Design Type: Linear designed litebar production (reward will halve once only to a minimum reward of 1 litebar)
NO PREMINE

 

BLOCK REWARDS
Starting blocks (7200 blocks over 15 days) = 5 units per block.
Block 7200 - 438000 = 2 units per block (halves once)
Block 438000 - 876000 = 1 unit per block

 

DOWNLOADS
Windows and macOS
please check the download section for most recent versions at https://Litebar.co

Source Code
https://github.com/Crypto-Currency/litebar.git

Sample litebar.conf
rpcuser=yourusername
rpcpassword=yourpassword
rpcport=9055
port=9056
daemon=1
server=1
addnode=192.99.176.2
addnode=88.206.187.247
addnode=162.255.117.105
addnode=95.46.98.75
addnode=185.93.68.25
addnode=71.220.202.209

PORTS
RPC Port: 9055
P2P Port: 9065

 

POOLS
CoinPool
hash-to-coins.com
SomeCoins

EXCHANGES
Unnamed.exchange
NovaExchange.com

BLOCK EXPLORER
ltb.Altcoinwarz.com



SERVICES / OTHER
Discord
CryptoCoinTalk thread
Crypto-City.com