Topic: [ANN][LBTC]Lightning Bitcoin | First DPoS fork of BTC | Claim FREE coin now (Read 16176 times)

Milestones
LBTC completed the development of the SGS (Spark Governance System).
After the SGS integration, the first proposal has been successfully passed and implemented on LBTC chain. The proposal suggested: [Remove the block high data before the fork, and forbid claiming the remaining LBTC by bitcoin holders]. At present, LBTC has completed the upgrade according to the content of the proposal. On October 11, 2018, LBTC officially entered a new era!

Tech progress
SGS launch;
LBTC main network upgrade according to the passed motion;
Update the Full-node wallet and Light wallet to the latest versions v2.0.0 and v0.1.0.;
Upgrade of the mobile wallet.

Full-node wallet
Single address mode:
One wallet corresponding to one address, and only one address of the coin can be used for each transaction. Before update one wallet was corresponding multi-address mode. After the update, the operation page of the wallet client is more concise, efficient, and more user-friendly.
Forging node algorithm modification:
The forging node algorithm is updated. Under the new algorithm, the order of forging nodes is more random, what is further reducing the risk of human manipulation.
Delete old data:
According to the passed proposal old data was deleted and code was modified. Removed the block high data before the fork, claiming remaining LBTC is not possible.

Light wallet
Switch to single address mode, i.e. wallet only generates one address

Mobile wallet
Android wallet development test;
1. completed the forging node registration, voting, cancellation transaction signature and corresponding bug fixes;
2. solved the problem of sending signatures for forged node coinbase transaction;
3. optimised the consolidation, storage and unspent calculation of historical transaction data;
4. modify the tested user interaction and other bugs.

Announcement
LBTC chain governance voting results released
During this month of integrating on-chain governance, LBTC community members actively joined the board and issued three proposals.
Proposal 1: Lower the threshold of the node and adjust the number of user votes to 21 votes
Proposal 2: Remove the block high data before the fork, and prohibit the claiming of LBTC
Proposal 3: Implement Dynamic Fees System
As for the afternoon of September 30, thousands of addresses participated in the voting on the chain governance proposal. The final proposal was voted on and became the final proposal.

LBTC main network upgrade on October 10
The LBTC upgraded the main network on October 10 and completed the upgrade on October 11. The latest version of the wallet can now be downloaded from the official website.

Pay attention to these changes:
1) The original node data will be cleared before the upgrade, so the original node needs to be re-registered and voted after the update is completed.
2) This upgrade will update light wallet corresponding multi-address mode in the old version to a single-address wallet, and only one address can be used for transactions.

LBTC chinese WeChat account migrate to 知识星球.
LBTC Chinese social account migrates from the WeChat to the Knowledge Planet (知识星球) and LBTC Chinese Medium blog, all the links will be updated in the mobile wallet information bar.

On October 11, 2018, Lightning Bitcoin has entered a new era!  Upgrade of LBTC main network has been successfully completed, as well as the latest versions of Full-node and Light wallets.  After the integration of the SGS system, the first proposal [Remove the block high data before the fork and prohibit the claiming of the remaining LBTC] has been completed.

According to proposal, mainnet upgrade initiated modifications in LBTC network thus impacting in changes of the following aspects:

1.After the upgrade, and termination of LBTC claiming. What is the current LBTC circulation of the?
According to the Block Explorer:http://explorer.lbtc.io:9334/blockinfo?param=1&from=search
The current LBTC circulation can be estimated around 3590926 LBTC.

2.What is the current total amount of LBTC?
The existing circulation + un-claimed coins (3590926+3690000 = 7280926)

3.What is the total amount of LBTC to be forged?
The remaining forging amount cycles are consistent with Bitcoin blockchain.

4.What is the reward for each block of LBTC now?
0.0625LBTC.

5.How can I get the transaction data created prior the network upgrade?
Currently, the official block explorer provides the transaction data only after the upgrade. For checking “prior-upgrade” transaction data visit Last Explorer https://last-explorer.lbtc.io/

6.Is there any other important information I should know about this network upgrade?
- Light wallet has been updated from multi-address mode to the single-address mode. After the upgrade, original wallet with imported private key and multi-address addresses will be converted into multiple wallets. We recommend sending coins from multiple addresses into one address and then imported into the new wallet.

- The original node data will be cleared before the upgrade, forging nodes need to be re-registered and reelected.

Feel free to ask any questions regarding the network upgrade at the official LBTC forum: http://chat.lbtc.io.

LBTC Network upgrade embark a new development stage of the project! Let us look forward to the new direction that SGS brings to LBTC! Thanks to all community members, cooperative exchanges and cooperation wallets for their support on this important stage of LBTC development!

Inc thinks Lightning Bitcoin is a major altcoin that completes with Bitcoin. Click the link to read the full article: https://www.inc.com/larry-alton/can-you-retire-on-cryptocurrency.html

[Weekly Report] September 25

Link: https://medium.com/lightning-bitcoin-blog/weekly-report-september-25-637278a403cb

LBTC on-chain governance — Spark Governance System (2)

For sustainability, every successful blockchain project should be able to adopt and change in the ongoing social environment. The SGS (Spark Governance System) of LBTC, which is an on-chain governance system, was designed to provide Lightning Bitcoin with that ability for a stronger vitality.

LBTC on-chain governance system — SGS

“Lightning” in Lightning Bitcoin symbolises not only the lightning speed of LBTC transactions, but also the desire that LBTC will illuminate the existing payment and remittance field bringing a brighter future.

As lightning large-scale sparks, the spark in the SGS system (Spark Governance System) will have enough power to shake the world. In Lightning Bitcoin Network, sparks represent a proposal from the community. Unlike the conservative governance concept of Bitcoin, LBTC will have the foundation to rapidly develop and accept the necessary technological improvements by implementing a complete on-chain governance (SGS system).

A clear decentralization framework prevents defects caused by early-stage projects focusing on under-chain governance, such as community fragmentation. The sub-chain governance has been proven to be unstable, the inconsistency of community opinions leads to permanent splitting in the chain. The creation of future proposals governance will promote the better decentralization of Lightning Bitcoin project.

Voting process

On-chain governance process

On-chain governance implies that the LBTC Community have a right to submit proposals and push it through the community referendum. This gives the community both voting rights and the right to participate in the project management.

There are two kinds of auditing mechanisms:


Start initial review of proposals → find problems →publish them to the community;
Publish the proposal to the community → ask questions and vote on the options.
The two review mechanisms both involve committee members in the process so to balance the rights. This process is not currently added in the initial release since there are not many of proposals in the early stages of the project.

[Rules] On-chain governance

Roles division

• LBTC Holder: owner of LBTC Network Rights;
  Forging node: responsible for network stability, not involved in governance;
  Committee member: responsible for network block parameters, participation in governance;
  Proposer: the role is open for the entire community, anyone in the community has the right to make a proposal;
  Executive developer: responsible for the implementation of the proposal and the development of the new budget through the project.

Fees

• The entire voting process and its results will be recorded on the LBTC blockchain, and will cost 0.01 LBTC per vote;
  Committee member registration fee is 1 LBTC;
  A proposal submission fee is 3 LBTCs.
  
  Proposal approval
  The proposal needs to reach the required threshold and the total number of votes;
  The proposal should contain multiple-choice options, (including the form of judgment questions, Yes or No).
  

For example, Yes is required to account for more than 60% of the total, and the total number of votes must be 300,000.
* This number of votes is based on the number of votes of the current mining node. In the future, it may be adjusted accordingly. The purpose of the adjustment is only to make the voting situation more reasonable.

How to submit a proposal
Check the Light wallet and the Full-node wallet on-chain governance tutorial here:
https://medium.com/lightning-bitcoin-blog/tutorial-lbtc-light-wallet-and-full-node-wallet-on-chain-governance-instructions-e955a3e92f1a

• After the proposal is submitted, it is necessary to keep it updated till the end of the community referendum.
  Once the proposal is passed, it will be implemented by the LBTC team. In the future, the proposal will be fully completed through the contract execution.

Outlook
Decentralization has always been the main goal of Lightning Bitcoin, and on-chain governance is an promising step to achieve it. LBTC is aiming to create a community-based project that would provide sufficient basement for decentralization.

Looking into the future, we desire to create an ecosystem that uses technology-based democracy to serve the society.

A Letter to The LBTC Community,

The price of bitcoin is proportional to the number of users, the number of merchants accepted, and the number of transactions. In a simpler language, “Transaction generates value”. Any software needs to be updated and upgraded. In order to solve bitcoin’s network congestion issue, the community has two different approaches: BCH, which is led by big miners, and Lightning Network, which is led by Bitcoin Core. Even though BCH experienced a major surge since its birth, the BCH community is currently facing a hard fork situation due to lack of consensus. Similarly, Bitcoin also experienced a major price drop because Lightning Network failed to reach wide adoption.

LBTC was born under this environment. LBTC adopts DPoS consensus mechanism, which allows voting and bookkeeping rights remain separated within the LBTC ecosystem in order to prevent any potential community split. However, adopting DPoS is only the very first step. LBTC has also been facing many problems of its own. In the past few months, there were two major ways to solve these problems: one way was to solve the problems directly which led to centralization issue; the other way was to build a decentralized decision-making system, which we believe it’s very important. We believe that a blockchain project’s moat is irreversibility and decentralization. Thus, we have picked decentralized governance approach which is a road less travelled. We are actively developing the on-chain governance system, which will make LBTC a decentralized, sustainable, and self-ruling currency.

Currently, the initial version of LBTC on-chain governance system has completed. In the future, through the LBTC on-chain governance system, all the important technical parameters, such as block size, block time, project expenditure and development direction, will be voted by the whole LBTC community and implemented right after. Solving problems while promoting decentralization has always been our main goal. A centralized blockchain does not make sense. Also, a cryptocurrency that nobody use also does not create any value. On-chain governance and self-amending have always been LBTC's development goals, which also represent Blockchain’s future direction.

In the end, I hope that everybody contribute to the LBTC ecosystem and participate in the on-chain governance system. You are welcome to check the LBTC forum and join the related discussions. LBTC’s future will be much more brighter with all your support and contributions! Let’s make a concerted effort!

Yours,
Jack Zhang

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[Weekly Report] September 10th

Technological updates

This past week the Lightning Bitcoin team was busy with the blockchain features upgrade: integration of on-chain governance capabilities into Full-node/Light wallets and LBTC explorer. Decentralization is the goal of Lightning Bitcoin, and on-chain governance is an excellent step towards achieving it. On-chain governance will allow LBTC community to participate in the development of Lighting Bitcoin through voting for proposals. After the launch of a wallets’ new version, it will completely change your experience, so stay tuned!


The Full-node wallet chain management commands:

• cancelvotecommittee address committeename
  getbill billid
  getcommittee address
  listbills
  listbillvoters
  listcommitteebills committeename
  listcommittees
  listcommitteevoters committeename
  listvoterbills address
  listvotercommittees address
  registercommittee address name
  submitbill address title detail url endtime options
  votebill address billid billoptionindex
  votecommittee address committeename

LBTC Explorer adds new viewing capabilities: Proposals and Committees

DigiFinex & LBTC deposit competition EXTENDED to September 10th

LBTC and DigiFinex exchange have just finished “Deposit competition, 45,000$ worth of LBTC give away”. The competition has been extended for additional three days. It will finish on September 10th, 2018 (GMT+8).

Bonus details:

Rewards distribution period: 10 days after your deposit and by Sep 17th.

1. Deposit bonus: During event period, 3999 LBTCs will be distributed among all the LTBC deposit accounts according to net deposit proportion. (net deposit amount= total deposit-total withdrawal)

2. Top deposit rewards: 695 LTBCs will be distributed among top 20 net deposit accounts. (Net deposit should ≥500 LBTCs)

Ranking Rewards (LBTC) Estimated value in DFC. DFC: DigiFinex Cash. It is a stable coin has fixed rate to Chinese yuan at 1:1

3. Lucky draw: 1 LTBC will be given to below 20 lucky deposit accounts:

The number 1st 11th 22nd 33rd 44th 55th 66th 77th 88th 99th 111th 122nd 133th 144th 155th 166th 177th 188th 199th and the last account who made deposit during the event based on deposit time.

All the rewards are independent from each other so you can claim more than one rewards in the same time.

Reminder: During this event, the additional condition to claim the rewards is that the deposit should stay in the account for 10 days after deposit without trade off or withdrawal.

Community

- Unified response to community FAQs [In Chinese]
LBTC community member Xiao Ning published an article in the official forum “Lbtc and AMA”, which answers 20 questions related to LBTC. Later The LBTC team has recapped to all questions.

- FAQs are posted on the WeChat community [In Chinese]
The LBTC community responded to 19 common LBTC related questions in the WeChat community, and compiled the documents into various WeChat groups. You can find files in group message records or check files in Baidu cloud. Have a look: Baidu network disk link Password: qs0d

Monthly reports
The LBTC will start to publish monthly summary with month highlights and achievements, in an easy reading form so it will be easy for members to catch up with the development progress. The monthly report will be released in the beginning of every month.

READINGS

Golden Finance released the article “When we are talking about the blockchain, what are we talking about? “ [Cn]
The article discuss the problem of centralisation in blockchain, mentioning on chain governance of Dfinity, EOS, Tezos, and LBTC as a solution to that problem.

TheBitcoinNews publish the article “Lightning Bitcoin: Flashing Bitcoins on Incredible Speed with DPoS” [Eng]
Very detailed overview of Lighting Bitcoin and the intentions behind it.

Community Art

Here are some cute Instagram images from LBTC official account. Check the image for more LBTC art. Welcome enthusiasts to contribute and express their talents and crypto-art vision!

https://cdn-images-1.medium.com/max/800/1*3AHhCeS4zMgoN3g9tdvFEw.png
https://cdn-images-1.medium.com/max/1200/1*5r5wKiFrO_hKRBaC-BfHFA.png
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CCN: Crypto Rollercoaster: Explaining the Recent Market Performance

Read the full article: https://www.ccn.com/crypto-rollercoaster-explaining-the-recent-market-performance/

Thank you for your interest in Lightning Bitcoin! It gives us more motivation to make the project better!

Lightning Bitcoin: Flashing Bitcoins on Incredible Speed with DPoS

Read more: https://thebitcoinnews.com/lightning-bitcoin-flashing-bitcoins-on-incredible-speed-with-dpos/

Digifinex and Lightning Bitcoin have something for you! Participate in net deposit competition and get LBTC on your DigiFinex Account!

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[Weekly report] August 27th

https://i.redd.it/t3d8xot5dli11.png

Milestones
Listing on the Exrates.me Exchange

The Exrates.me Exchange is located in New York, USA, and has a legal trading license and supports USD (United States of America legal tender)transactions. Due to the stricter regulatory regime imposed by the State of New York on digital currency exchanges, only a few exchanges have obtained licenses. Lightning Bitcoin will continue working hard to gain recognition in the mainstream international digital currency exchanges!

KKEX Open LBTC Deposit/Withdrawal Service

KKEX has opened deposit and withdrawal service for LBTC, LBTC/BTC trading pair is now available. Listing on the KKEX is the result of LBTC community efforts.

Many thanks to the community members for their consistent supports!
For more details, please refer to the official announcement.

Tech Progress

* The LBTC Windows version of the full-node wallet development and testing have been completed. The code has been submitted to Github for open source. Windows version Full Node Wallet code

* Release of Linux Full-node wallet V1.2.1, added the new commands getcoinrank, getcoindistribution, and the extended command getaddresstxids.

Announcement
Linux Full-node wallet V1.2.1 Release

The latest version of Linux Full-node wallet V1.2.1 has been released. Please go to the LBTC official website for download: https://lbtc.io/

Prior to the release, the code has been upgraded to improve data sync speed. In addition, the latest version also has the LBTC distribution summary and top rich list with customized parameters.

Listing on Forkonex

Forkonex announced the listing of LBTC on Telegram and Twitter. Forkonex is an overseas exchange established in 2018 and has not yet been included in Coinmarketcap.com. LBTC users should pay additional attention to prevent risks.

Community

Financemagnates Featured Lightning Bitcoin
The article introduces LBTC’s commitment to creating a decentralized Internet-of-Value protocol. LBTC is compared with Ripple, which also uses gateway technology, and Stellar, which uses lightning network, although the goal of LBTC lays within the payment field. The article suggests that LBTC has lots of room for growth and the realization of multiple functions in the future.

https://www.financemagnates.com/thought-leadership/lightning-bitcoin-redefining-fast-transactions-and-payments/

[Menu bar] New feature in LBTC WeChat public account

Click to enter the official LBTC public account, add the LBTC profile in the LBTC menu bar at the bottom left, click to get the corresponding details graphic message. Menu bar includes LBTC’s official community, social media, project introductions, related issues, and how to apply to join WeChat groups. The information will be updated if any changes appear.

Updated information on MyToken


Lightning Bitcoin has now added an information bar to MyToken, which will help MyToken users to familiarize with LBTC related news.

[Community art] LBTC structure infographic

Wow! The LBTC community members created the LBTC structure infographic called “Lightning Bitcoin in A Nutshell”, which includes LBTC’s 2M block size, 3S block, DPoS mechanism, UXTO model’s “bottom area” and chain management, decentralized exchanges, smart gateways, and etc. It helps the community members to identify LBTC’s key characteristics.

Community

Golden Finance released an article “Why does the Ethereum plunging, how to lay down and make money?”
The article analyses the market of Ethereum and believes that the bear market will continue. Under this premise, buying LBTC and putting it into the wallet to earn mining revenue is one of the more secure ways. Article [Written in Chinese]

WeChat Public Account “BlockHunt” published article “Blockchain On-Chain Governance vs Off-Chain Governance”
The article believes that high-quality projects such as Lightning Bitcoin and Tezos that promote on-chain governance are worthy of attention. They are a force that cannot be underestimated in the reform of blockchain governance.
Article [Written in Chinese]

Babbitt writes “LBTC: Do the most attitude forked coins”
“LBTC: Being the Most Attitude Forked Coin” introduces LBTC from a technical perspective and a development perspective. The article mentioned that LBTC relies on “combination boxing one: speed + safety + nearly free” and “combination boxing two: on-chain chain governance + smart gateway + smart contract” to walk in the forks of the rivers and lakes. Article [Written in Chinese]

Lightning Bitcoin on TikTok
The LBTC community recently created an account on TikTok: 117 345 6065. Please take a look! After getting a certain amount of watchings, the account will be pushed to a broader audience!

[Design Challenge]
Here are some of the best community art pieces for the past two weeks in LBTC’s instagram account. Welcome everybody to contribute and express their talents for LBTC!

Here are all the news. For more information, please visit our Website, check GitHub, ask questions on Reddit and follow us on Twitter: @LightningBTC

Stay tuned for our Brand New Bounty Program!
Ask us any questions on Reddit: https://www.reddit.com/r/LightningBTC/

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With the continuing support from our community, KKEX exchange has enabled the LBTC deposit and withdrawal!

Click here to trade LBTC/BTC: https://kkex.com/trading?symbol=LBTCBTC

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Lightning Bitcoin Redefining Fast Transactions and Payments

https://www.financemagnates.com/thought-leadership/lightning-bitcoin-redefining-fast-transactions-and-payments/

The team is actively developing the mobile version of LBTC wallet. It will provide the maximum security and voting functionality. Stay Tuned!

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Lightning Bitcoin is officially listed on Exrates.me!
LBTC/BTC, LBTC/ETH, LBTC/USD trading pairs are available!
click here to trade LBTC: https://exrates.me/dashboard

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There won't be any airdops. The community members need to complete certain tasks on the bounty website in order to receive rewards.

[Weekly report] August 13th

Lightning Bitcoin network upgrade completed

On August 9th, the Lightning Bitcoin team completed an upgrade of main network code. The upgrade applies multi-signature technology for adding wallet lock-up function to node mining, ensuring asset security in all aspects. According to the established rules, lock-up of 5,000 LBTCs will be one of the necessary requirements for joining mining nodes.

Currently, the partnering exchanges will suspend the replenishment service and will reopen the replenishment after 1–2 days. Please refer to the exchange announcements or transaction pages for specific information.

Tech progress
1. Windows version of the full-node wallet has entered the final testing phase.

Pushing hard to expand our user base:) Please spread the news!

2. For Token issue within Lightning Bitcoin Network, the user needs to determine the Token function requirements and the technical solution investigation.

Announcement

Listing of LBTC on the Exrates.me exchange
LBTC has been listed on the Exrates.me exchange, LBTC/BTC, LBTC/ETH, LBTC/USD trading pairs have been available so far.

Exrates.me is an American international exchange designed to charge the lowest fees and provide maximum security. Check the link: https://exrates.me/dashboard

Bounty program [Lightning Plan PLUS] is coming soon!

The lightning program has attracted more community members during the 8-month of operation. The Lightning Bitcoin team is about to launch a more complete bounty program, which can be tailored to each step, while enriching the reward mechanism.

The lightning program will be more comprehensive and rewards distribution will be more open and transparent. Let’s work together and build a more active Lightning Bitcoin community!

Community progress

[Zning] Lightning Bitcoin got account on Bihu 币乎
Community members created account for Lightning Bitcoin on Bihu. Shout out to three LBTC community members Xiaoning, Dawenwen, and Flash Gathering who have established accounts to promote LBTC. All of them have published lots of LBTC related articles on the platform.

More LBTC supporters are welcome to join the lightning program to promote LBTC on more platforms!

New Lightning Bitcoin video!
A community member has created a LBTC video. The video introduces the LBTC development roadmap and major event records, which is currently published on Youtube. Check the link: https://youtu.be/K6ejU-CGQDo

Lightning Bitcoin Reddit is getting its audience!

The Lightning Bitcoin team is working hard on expanding the audience and exposure around our projects. A few weeks ago, we launched the official account on Reddit and so far it has reached 1.1k subscribers! Good job:) We know that Reddit is an important platform in the world of global tech community. Welcome to Reddit, ask us any questions there, and share your opinions. Check the link: https://www.reddit.com/r/LightningBTC/

By the way, Lightning Bitcoin also expends its presence on Instagram! Follow us @lightningbitcoin_official

LBTC reading list:
English articles

https://www.techinasia.com/talk/segwit-doesnt-work
https://www.newsbtc.com/2018/05/28/lightning-bitcoin-implements-dpos-set-become-best-blockchain-protocol/
https://www.entrepreneur.com/article/317074
https://nulltx.com/lightning-bitcoin-the-dpos-based-forked-bitcoin/

Here all the news for the past 2 weeks
Contact us: [email protected]

Instagram’s good publicity helps more cryptocurrency enthusiasts understand LBTC’s mission.

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Lightning Bitcoin Mainnet Upgrade Complete!

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LBTC Network Upgrade Announcement

https://medium.com/lightning-bitcoin-blog/lbtc-network-upgrade-announcement-938c4985a952

JOIN Lightning Bitcoin OPEN SOURCE CONFERENCE | JUNE 21
More details coming soon!

LBTC will  be listed on FUBT exchange.
FUBT exchange will porvide LBTC deposit and withdrawal service.
Fulbit Web site: www.fubt.top.

LBTC team took coins from inactive addresses to establish ecosystem, establish legal framework, and give reward to the community is a well-known fact that we never try to hide, and this part of coin is only 12% of the whole. Comparing to other projects, 12% is a really low number.


Digifinex is the first exchange to support LBTC's deposit and withdrawal. It's very natural that we want to provide the liquidity for a short moment until users get in. It's not appropriate for one to discredit others on something without any evidence.


Not only LBTC team supports users who are good for the development of the community to be bookeeping nodes, but also other users recognize what they've done thus vote for them. Community construction is a step by step task rather than a one step process. We hope that in the process of growth, we can slowly withdraw the role of "team", let the community autonomy thrive. Everthing takes time.


LBTC doesn't support SegWit because we don't need a centralized procedure to help solve the problem of original Bitcoin. We've been insisting on decentralization from the first day on, that's why we're preparing to add in committee system and hold supernode election. All the things we want is to make LBTC a great, sustainable project.

If you wrote this whole article down was because your LBTC is on segwit address, we feel sorry, but no, LBTC doesn't agree with centralization. This is our principle.

If you are German,you can read this :https://bitcointalk.org/index.php?topic=3902052.new#new

LBTC intends to introduce the Committee system, implement on-chain governance, solve the relationship among forging delegates, developers and currency holders, leading LBTC into the blockchain 3.0 era.

Join the forum and discuss with us!
 
Article link: http://chat.lbtc.io/topic/64-lbtc%e5%ae%9e%e6%96%bd%e9%93%be%e4%b8%8a%e6%b2%bb%e7%90%86%e7%9a%84%e5%bf%85%e8%a6%81%e6%80%a7

It is in this announcement,you can find it .

Your valuable advice is indispensable to the development of LBTC: chat.lbtc.io

LBTC will not let you down.

LBTC intends to introduce the Committee system, implement on-chain governance, solve the relationship among forging delegates, developers and currency holders, leading LBTC into the blockchain 3.0 era.

Join the forum and discuss with us!
 
Article link: http://chat.lbtc.io/topic/64-lbtc%e5%ae%9e%e6%96%bd%e9%93%be%e4%b8%8a%e6%b2%bb%e7%90%86%e7%9a%84%e5%bf%85%e8%a6%81%e6%80%a7

  You can try to download the "api-ms-win-crt-math-l1-1-0.dll"

[Exchange] CoinEgg and AEX exchanges open LBTC deposits!
Following trade openings on BTCtrade.im and Digifinex exchanges, Lighting Bitcoin deposits have been successfully launched on another 2 trading platforms: CoinEgg and AEX

strong project and a strong team, I'm sure that they are making progress. I have already invited more than ten investors who got acquainted and analyzed the project and without a doubt decided to invest their money.

there are so many floor cleaning, so what is new floor knife official translation

【Bi-weekly】LBTC Report


Milestones

The LBTC bounty program has entered the final testing stage
The LBTC bounty program has entered the final testing stage and will be officially launched next week. You are welcome to participate in the bounty program and make contributions to the LBTC community while getting rewards.

Technical Improvements

After the network upgrade for node election, the LBTC team will add a token issue function for users. At the same time, the LBTC team will also release a Windows version of full node wallet.

For Lightning Node Election, a multi-signature function will be added to the original plan, which can add additional security for Lightning Nodes.

A new function called getdelegaefunds is added to full node wallet for searching nodes’ LBTC holding amounts.

The Windows version full node wallet has been completed and entered the stage of testing. It is expected to release next week.

Announcements

Code Upgrade for Node Election has been postponed
After considering the more upcoming network upgrades within a short period of time, which would add lots of workloads to our users, the LBTC team has postponed the full node wallet upgrade. Thank you all for understanding and support.
Link: https://mp.weixin.qq.com/s/-iHlVFesltHNLKi-ZLsMOA

The Lightning Node Election
The LBTC team has announced a list of qualified candidates. Considering their contributions to the LBTC community, the LBTC team will vote for those who wants to become lightning nodes. Each candidate will get votes from the inactive addresses. However, each candidate can only have one wallet address to participate in the election:
These are the Nodes we chose to support:
  Digifinex, the first exchange that supports LBTC
  Cobo wallet, the largest supporter in our network stability
  Bitpie, one of the most famous wallets in industry
  BTCC, one of the longest-running pools in the world
  Bying, the first wallet to support LBTC
  Hyperpay, joined the community late but has great potential
  Dmitrii, our strongest supporter from the Russian community
  Node Capital, the first fund to support LBTC
  Tang from BitOcean to support our Japanese community

Medium：
https://medium.com/lightning-bitcoin-blog/lightning-node-elections-and-network-upgrade-instructions-1f29ab9625c0?source=linkShare-b7554939b4ba-1532590530

Link：https://mp.weixin.qq.com/s/-iHlVFesltHNLKi-ZLsMOA

Community Progress

LBTC’s List.Wiki page is created
LBTC’s list.Wiki page has been created. List.Wiki focuses on cryptocurrencies and has detailed introductions on hundreds of cryptocurrencies.
 
The LBTC list.wiki page has 11 categories, which give a comprehensive introduction on LBTC. The contents include LBTC’s origin, mission, goals and so on. Welcome to check the page and learn more about LBTC.

Link：http://list.wiki/Lightning_Bitcoin_(LBTC)

LBTC’s Facebook page has created
LBTC’s Facebook page has created and published multiple posts. Welcome to leave a comment on the page!

Link：https://www.facebook.com/LightningBTC/

Jinse Finance and Economics published an article called “Whether On-Chain Governance Era is Coming”


The article argues that “On-Chain Governance” is a complex problem that is formed in the context of the existing governance structure. After analyzing EOS, Tezos and LBTC, the article suggests that LBTC’s On-Chain Governance concept is highly integrated. However, if it is not implemented properly, it may be end up into chaos, just like EOS.

Link：https://www.jinse.com/bitcoin/216900.html

Bihu: Fans Gathering Place published an article called “Top Student: Lightning Bitcoin”


The article suggests that the key of fork lies in the innovation. LBTC is an innovative bitcoin fork because it’s based on UTXO model with DPoS mechanism, on-chain governance, payment gateway and smart contracts.

Link：https://bihu.com/article/946653

LBTC Fans Published Interview with the LBTC’s core Developer.

LBTC Community Account: LBTC Fans interviewed LBTC’s core developer, WHH. During the interview, he confirmed with the LBTC roadmap and answered multiple questions related to “gateway” from the community. He explained the mechanism behind payment gateway in details.

Link：https://mp.weixin.qq.com/s/lthrt08r9pqb9ISFIFTiRw

Join us on 8btc!

Welcome to visit 8btc forum and publish articles to promote LBTC, or leave comments under LBTC related posts. We are thankful for community supporter “sywlion” who took the lead in publishing.

8btc forum, established in 2011, has grown into the biggest blockchain/cryptocurrency community in China where blockchain developers, users and investors can exchange quality views and ideas. Publishing LBTC related articles will help more people understand and support us and enhance the popularity of LBTC.

Link：http://8btc.com

Entrepreneur: Why Cross-Chain Technology Matters in The Crypto World


Entrepreneur is a famous website that publishes information about various industries and enterprises. It also has its own electronic journals. An article entitled "Why Cross-Chain Technology Matters in The Crypto World" is published on it.
 
The article mainly talks about the technology concept of cross-chain technology, atomic swap, side chain and interledger protocol. The author thinks Lighting Bitcoin (LBTC), the third cross-chain scheme, interledger protocol, meets the trustlessness condition and with a cryptographic condition, can also perfectly constrain the behavior of participants when exchanging non-crypto assets.


Link：https://www.entrepreneur.com/article/317074

Community Activities

Discussion on gateway and smart contract
LBTC Chinese community leader Jack Zhang started a topic on forum: Discussion on gateway and smart contract. Join the discussion now!

Here’s the latest LBTC Rewards!
LBTC has announced the list of LBTC Rewards from April to July. Come check out whether you’re on the list!

Link：
https://chat.lbtc.io/topic/132-%E3%80%90%E6%A6%9C%E5%8D%95%E3%80%91%E9%97%AA%E7%94%B5%E8%AE%A1%E5%88%92%E7%AC%AC%E4%B8%89%E6%9C%9F%E5%A5%96%E5%8A%B1/
https://chat.lbtc.io/topic/133-lbtc-rewards-list-of-lightning-bitcoin-community-early-awards/

Community Pics

Some awesome pics from community designers
Since our Instagram was set, designers from our community have provided many high-quality, interesting works! Feel free to use these materials for LBTC promotion or content creation. Welcome to send us more of your works. It’s time to show your talent!

Find more fun works here: https://www.instagram.com/lightningbitcoin_official

Lightning Program Rewards

Since the bear market is long, it’s more important than ever to focus on building the community. Currently, the LBTC team is actively promoting new technologies. After upgrading the network for node election, a new token issue function will be added to the network along with payment gateway.

We appreciate the community members who supporting us all the way in this bear market. We believe that Lightning Bitcoin will shine eventually with the mission of becoming a fully decentralized internet-of-value protocol.

It has been more than two months since our contributors get rewarded through the Lightning Program. Below is the list of contributors who have made significant contributions to our community since then. Later on, the brand new bounty program website will be live which will make our community members easy to participate in our Lightning Program. Everyone is welcome to join our community and make contribution to the Lightning Bitcoin ecosystem.

The First Place:
117 (Wechat Name)
Contributions :Operates 7 LBTC Wechat groups with average 320 people per group. 117 promots LBTC related news, issues daily Crypto summaries and manages Wechat public account called “LBTC Fans”

Rewards: 40 LBTC

The Second Place:
Dmitri
Contributions: Operates and manages https://lbtcscan.io/ and https://explorer.lbtcscan.io/, manages English telegram group. Built telegram bot.

Chen Tuo (Wechat)
Contributions: translated five English reports, published two high quality articles on the Forum, commented on two articles and operated one high quality Wechat group.

Mathilda
Contributions: helped to manage Wechat groups, promoted LBTC related articles, managed Toutiao account called “区块链1111111”  with 27 posts. Published two articles on 8btc.com. Manages 1 wechat group.

Rewards: 35 LBTC

The Third Place:
Seven (Wechat Name)
Contributions: Senior LBTC community operator, operates 6 Wechat groups with average 180 per group. Published 10 LBTC related articles.

Suredaly (Wechat Name)
Contributions: published 10 LBTC related articles in the Forum, operates Wechat public account called “LBTC Fans” with 10 published articles.

The Fourth Place
Sywlion
Contributions: Published 5 LBTC related articles, operates 1 Wechat group, and many other articles on multiple social platforms.

Rewards: 25 LBTC

The Fifth Place
Mr Maotai (Wechat)
Contributions: Senior Community member, operates 2 Wechat groups with average 243 members per group; operates one QQ group

Huang Kaiquan (Wechat)
Contributions: Active community member, operates 7 Wechat groups with average 105 members per group. Promotes positive energy in the community

Zhuang Qi
Contributions: Jinse writer, published two high quality articles with high reviews.

LBTC fans gathering place
Contributions: Bihu writer, published two high quality articles with high reviews.

Rewards: 20 LBTC

The Sixth Place
Gary
Contributions: translated the ANN into Italian

Rewards: 15 LBTC

The Seventh Place
Sion
Contributions: active community members, operates one LBTC Wechat group

Shanhei Designer
Contributions: Webo Designer, design LBTC related pictures

Rewards: 12 LBTC

Special Rewards:
Qincheng
Contributions: Hardcare LBTC fan, helps to promote more than 170 LBTC related news
Rewards: 5 LBTC

Chris Osgood
Contributions: raised a technical question on GitHub
Rewards: 5 LBTC

Please add the following Wechat account for claim your rewards: chain11223344, telegram contact: kristikbot1, or leave your LBTC address. After confirmation, the rewards will be issued within 3 days.

We will keep promoting our Lightning Program. Please let us know if there are any other major contributors who are not on this list. If you have any objections about the rewards, please reach us.

The Lightning Program will keep improving as the project moving forward. We will evaluate every suggestion from the community and hope that you will be more patient with us.

Sorry, all the exchanges will require KYC

This project looks to be successful,with excellent targets

the campaign ends July 20

I didn't realize the volume of lbtc required when I started playing with the lnd Is there anyone willing to supplement me a few satoshies until I can get a tx service moving. Found out the hard way 7000 satoshis didn't even come close to enough now that's cut in half lol. My only goal on this is to advance the lnd and I wouldn't be upset to make a few pennies on the side. Please hit me up [email protected] or my lnd address is bc1q9mka0zheec22z6yy00ylgm88rl7dc7rwvm6r27

Can I still claim LBTC? I've imported my private key into the light wallet but the amount of LBTC granted was only 0.00051 instead of 3.

Is there a list of pools and what they pay out?

About a month ago, I claim LBTC by importing a private key into an LBTC Wallet 0.0.8 client. Some time ago, the client began to issue a message “Server is lagging" at startup and I couldn’t see my funds. Today I downloaded the updated client LBTC Wallet 0.1.1, imported the same private key into it, but my balance turned out to be zero. What is the problem?

which ratio of airdrop will be for original bitcoin holders?

[Weekly report] 18 July
LBTC Video | Tech updates | Reddit Account | Bounty Program

Milestones

Official LBTC mobile wallets
The LBTC team is currently developing mobile wallets, which will be released soon. That will allow more users to join and transfer LBTC using mobile phone wallets.

Technical improvement

Full Node wallet
Windows version has been compiled, wallet will be released soon;
In the Linux version, the team fixed bugs including vote command, cancel vote command and register help message error.

Block Explorer
Added the forging node summary function, which can query the total number of forging nodes, the total number of successful forging nodes, the total number of failed forging nodes and the name/address of failed forging nodes.

Currently, the LBTC team is focusing on the upcoming node election and upgrade the LBTC network this week. After the upgrade, we will add a new feature which allows users to create their own tokens using the LBTC Token Standard.

Announcements

Italian Bitcointalk ANNouncement
The LBTC community has added an Italian version of announcement on Bitcointalk.org. Our announcement pages are also available in Chinese, English, Russian, German and Spanish. You are encouraged to join our global communities and add more language versions of our announcement page.

Lightning Bitcoin on Reddit
The official LBTC community page on Reddit has been launched. LBTC supporters are encouraged to join our Reddit community and post LBTC related contents.

Community progress

LBTC’s Official Introduction video on Youtube
The LBTC team has uploaded the Chinese and English versions of LBTC introduction video on the official Youtube channel.

The LBTC Bounty Program website
Currently, the bounty program website has entered the beta testing stage and will be launched soon. The website is primarily used as a lightning plan assessment guideline. This reward points system will incorporate but not limited to community involvements, technology development, and content generation. LBTC supporters can exchange points for LBTCs. The bounty program website will promote the development of LBTC community positively and expand the community exponentially.

The LBTC article on NullTX [former TheMerkle]
This article introduces LBTC’s DPoS consensus mechanism, which solves bitcoin’s network congestion and miner centralization issues. The article primarily focuses on the features of LBTC’s unique DPoS mechanism and LBTC’s future development plan. LBTC supporters are encouraged to visit the website and read the article.

The LBTC article on CoinSchedule
The article introduces the origin of LBTC, the technologies behind LBTC, its main characteristics, listed exchanges, wallets and the team information. In the end of the article, it suggests that Lightning Bitcoin achieves the best qualities of Bitcoin and EOS. It improve transaction speed dramatically. The author suggests that given the future business partnerships and technological developments, Lightning Bitcoin has the potential to be the main bitcoin fork in the future.

Jinse Finance and Economics releases an article “What’s the Future of Bitcoin Forks”
On July 12th, Jinse Finance and Economics published an article called “What’s the Future of Bitcoin Forks”, which analyzed the origin, the value, the current situation and future path of the bitcoin forks. In this article, BCH, LBTC, BTG and SBTC are analyzed comprehensively.

Regarding LBTC, the author holds an optimistic view on LBTC in terms of becoming a major payment gateway for global transactions.

WeChat account “House of Blocks” publishes an article “Are Super Nodes Fading Away?”
On July 12th, House of Blocks published an article called “ Are Super Nodes Fading Away?” This article talks about the heat of super node elections, which attracts many organizations to participate. The super nodes are separated into two categories, which are project nodes and non-project nodes. Project nodes include EOS nodes, TRON nodes and LBTC nodes. Non-project nodes include Huobi nodes and so on. The author holds a positive view on LBTC.

The LBTC Community launched Bihu page
The LBTC community launched a Bihu page: LBTC Fans Gathering Place. Community members’ thoughts and opinions will be posted there. LBTC supporters are encouraged to subscript to the account and contribute contents. Content contributions will be rewarded based on the Lightning Plan.

The title of the first article is “The Correct Understanding of Bear Market-Get to Know Bitcoin Forks, Automatic Investment Plan”. This article mainly analyzes the origin of bitcoin forks and the relationships between the vision of bitcoin forks and the market, with the final thoughts on the risk and reward of investing in LBTC.

Community
Jack Zhang’s Interview with Blue Whale
On June 21st, Jack Zhang had an interview with Blue Whale Finance and Economics and published the article called “Jack Zhang of Chainfunder: Mainly invests in overseas blockchain projects, China projects are more impetuous”.

Jack Zhang stressed in the interview that developing oversea communities of a blockchain project is critical. For Blockchain projects, the size of the communities directly relates to the overall impact of Blockchain projects. LBTC will prioritize overseas community building and get approval from Japan FSA to become a payment method locally. In terms of fund investments, the goal is to identify “disruptive innovation”, including innovation in consensus mechanisms with technological breakthroughs from zero to one.

Jack Zhang’s Interview with Vernacular Blockchain
On June 21st, Jack Zhang received an interview with Vernacular Blockchain. Then they published an article entitled “How to evaluate Jack Zhang”.

For Jack Zhang, Vernacular Blockchain’s evaluation is “Another successful case of your choices are more important than you working hard”, “a bright and controversial public figure”, “a serious blockchain investor with traditional financial background”. These titles summarize popular impression of Jack Zhang. Then, the article mainly touches on the story of Jack Zhang becoming a senior blockchain preacher from buying Bitcoin during his internship period.

---

Sorry, all the exchanges will require KYC

---

Lightning Program Rewards

Since the bear market is long, it’s more important than ever to focus on building the community. Currently, the LBTC team is actively promoting new technologies. After upgrading the network for node election, a new token issue function will be added to the network along with payment gateway.

We appreciate the community members who supporting us all the way in this bear market. We believe that Lightning Bitcoin will shine eventually with the mission of becoming a fully decentralized internet-of-value protocol.

It has been more than two months since our contributors get rewarded through the Lightning Program. Below is the list of contributors who have made significant contributions to our community since then. Later on, the brand new bounty program website will be live which will make our community members easy to participate in our Lightning Program. Everyone is welcome to join our community and make contribution to the Lightning Bitcoin ecosystem.

The First Place:
117 (Wechat Name)
Contributions :Operates 7 LBTC Wechat groups with average 320 people per group. 117 promots LBTC related news, issues daily Crypto summaries and manages Wechat public account called “LBTC Fans”

Rewards: 40 LBTC

The Second Place:
Dmitri
Contributions: Operates and manages https://lbtcscan.io/ and https://explorer.lbtcscan.io/, manages English telegram group. Built telegram bot.

Chen Tuo (Wechat)
Contributions: translated five English reports, published two high quality articles on the Forum, commented on two articles and operated one high quality Wechat group.

Mathilda
Contributions: helped to manage Wechat groups, promoted LBTC related articles, managed Toutiao account called “区块链1111111”  with 27 posts. Published two articles on 8btc.com. Manages 1 wechat group.

Rewards: 35 LBTC

The Third Place:
Seven (Wechat Name)
Contributions: Senior LBTC community operator, operates 6 Wechat groups with average 180 per group. Published 10 LBTC related articles.

Suredaly (Wechat Name)
Contributions: published 10 LBTC related articles in the Forum, operates Wechat public account called “LBTC Fans” with 10 published articles.

The Fourth Place
Sywlion
Contributions: Published 5 LBTC related articles, operates 1 Wechat group, and many other articles on multiple social platforms.

Rewards: 25 LBTC

The Fifth Place
Mr Maotai (Wechat)
Contributions: Senior Community member, operates 2 Wechat groups with average 243 members per group; operates one QQ group

Huang Kaiquan (Wechat)
Contributions: Active community member, operates 7 Wechat groups with average 105 members per group. Promotes positive energy in the community

Zhuang Qi
Contributions: Jinse writer, published two high quality articles with high reviews.

LBTC fans gathering place
Contributions: Bihu writer, published two high quality articles with high reviews.

Rewards: 20 LBTC

The Sixth Place
Gary
Contributions: translated the ANN into Italian

Rewards: 15 LBTC

The Seventh Place
Sion
Contributions: active community members, operates one LBTC Wechat group

Shanhei Designer
Contributions: Webo Designer, design LBTC related pictures

Rewards: 12 LBTC

Special Rewards:
Qincheng
Contributions: Hardcare LBTC fan, helps to promote more than 170 LBTC related news
Rewards: 5 LBTC

Chris Osgood
Contributions: raised a technical question on GitHub
Rewards: 5 LBTC

Please add the following Wechat account for claim your rewards: chain11223344, telegram contact: kristikbot1, or leave your LBTC address. After confirmation, the rewards will be issued within 3 days.

We will keep promoting our Lightning Program. Please let us know if there are any other major contributors who are not on this list. If you have any objections about the rewards, please reach us.

The Lightning Program will keep improving as the project moving forward. We will evaluate every suggestion from the community and hope that you will be more patient with us.

---

【Bi-weekly】LBTC Report


Milestones

The LBTC bounty program has entered the final testing stage
The LBTC bounty program has entered the final testing stage and will be officially launched next week. You are welcome to participate in the bounty program and make contributions to the LBTC community while getting rewards.

Technical Improvements

After the network upgrade for node election, the LBTC team will add a token issue function for users. At the same time, the LBTC team will also release a Windows version of full node wallet.

For Lightning Node Election, a multi-signature function will be added to the original plan, which can add additional security for Lightning Nodes.

A new function called getdelegaefunds is added to full node wallet for searching nodes’ LBTC holding amounts.

The Windows version full node wallet has been completed and entered the stage of testing. It is expected to release next week.

Announcements

Code Upgrade for Node Election has been postponed
After considering the more upcoming network upgrades within a short period of time, which would add lots of workloads to our users, the LBTC team has postponed the full node wallet upgrade. Thank you all for understanding and support.
Link: https://mp.weixin.qq.com/s/-iHlVFesltHNLKi-ZLsMOA

The Lightning Node Election
The LBTC team has announced a list of qualified candidates. Considering their contributions to the LBTC community, the LBTC team will vote for those who wants to become lightning nodes. Each candidate will get votes from the inactive addresses. However, each candidate can only have one wallet address to participate in the election:
These are the Nodes we chose to support:
  Digifinex, the first exchange that supports LBTC
  Cobo wallet, the largest supporter in our network stability
  Bitpie, one of the most famous wallets in industry
  BTCC, one of the longest-running pools in the world
  Bying, the first wallet to support LBTC
  Hyperpay, joined the community late but has great potential
  Dmitrii, our strongest supporter from the Russian community
  Node Capital, the first fund to support LBTC
  Tang from BitOcean to support our Japanese community

Medium：
https://medium.com/lightning-bitcoin-blog/lightning-node-elections-and-network-upgrade-instructions-1f29ab9625c0?source=linkShare-b7554939b4ba-1532590530

Link：https://mp.weixin.qq.com/s/-iHlVFesltHNLKi-ZLsMOA

Community Progress

LBTC’s List.Wiki page is created
LBTC’s list.Wiki page has been created. List.Wiki focuses on cryptocurrencies and has detailed introductions on hundreds of cryptocurrencies.
 
The LBTC list.wiki page has 11 categories, which give a comprehensive introduction on LBTC. The contents include LBTC’s origin, mission, goals and so on. Welcome to check the page and learn more about LBTC.

Link：http://list.wiki/Lightning_Bitcoin_(LBTC)

LBTC’s Facebook page has created
LBTC’s Facebook page has created and published multiple posts. Welcome to leave a comment on the page!

Link：https://www.facebook.com/LightningBTC/

Jinse Finance and Economics published an article called “Whether On-Chain Governance Era is Coming”


The article argues that “On-Chain Governance” is a complex problem that is formed in the context of the existing governance structure. After analyzing EOS, Tezos and LBTC, the article suggests that LBTC’s On-Chain Governance concept is highly integrated. However, if it is not implemented properly, it may be end up into chaos, just like EOS.

Link：https://www.jinse.com/bitcoin/216900.html

Bihu: Fans Gathering Place published an article called “Top Student: Lightning Bitcoin”


The article suggests that the key of fork lies in the innovation. LBTC is an innovative bitcoin fork because it’s based on UTXO model with DPoS mechanism, on-chain governance, payment gateway and smart contracts.

Link：https://bihu.com/article/946653

LBTC Fans Published Interview with the LBTC’s core Developer.

LBTC Community Account: LBTC Fans interviewed LBTC’s core developer, WHH. During the interview, he confirmed with the LBTC roadmap and answered multiple questions related to “gateway” from the community. He explained the mechanism behind payment gateway in details.

Link：https://mp.weixin.qq.com/s/lthrt08r9pqb9ISFIFTiRw

Join us on 8btc!

Welcome to visit 8btc forum and publish articles to promote LBTC, or leave comments under LBTC related posts. We are thankful for community supporter “sywlion” who took the lead in publishing.

8btc forum, established in 2011, has grown into the biggest blockchain/cryptocurrency community in China where blockchain developers, users and investors can exchange quality views and ideas. Publishing LBTC related articles will help more people understand and support us and enhance the popularity of LBTC.

Link：http://8btc.com

Entrepreneur: Why Cross-Chain Technology Matters in The Crypto World


Entrepreneur is a famous website that publishes information about various industries and enterprises. It also has its own electronic journals. An article entitled "Why Cross-Chain Technology Matters in The Crypto World" is published on it.
 
The article mainly talks about the technology concept of cross-chain technology, atomic swap, side chain and interledger protocol. The author thinks Lighting Bitcoin (LBTC), the third cross-chain scheme, interledger protocol, meets the trustlessness condition and with a cryptographic condition, can also perfectly constrain the behavior of participants when exchanging non-crypto assets.


Link：https://www.entrepreneur.com/article/317074

Community Activities

Discussion on gateway and smart contract
LBTC Chinese community leader Jack Zhang started a topic on forum: Discussion on gateway and smart contract. Join the discussion now!

Here’s the latest LBTC Rewards!
LBTC has announced the list of LBTC Rewards from April to July. Come check out whether you’re on the list!

Link：
https://chat.lbtc.io/topic/132-%E3%80%90%E6%A6%9C%E5%8D%95%E3%80%91%E9%97%AA%E7%94%B5%E8%AE%A1%E5%88%92%E7%AC%AC%E4%B8%89%E6%9C%9F%E5%A5%96%E5%8A%B1/
https://chat.lbtc.io/topic/133-lbtc-rewards-list-of-lightning-bitcoin-community-early-awards/

Community Pics

Some awesome pics from community designers
Since our Instagram was set, designers from our community have provided many high-quality, interesting works! Feel free to use these materials for LBTC promotion or content creation. Welcome to send us more of your works. It’s time to show your talent!

Find more fun works here: https://www.instagram.com/lightningbitcoin_official






[moderator's note: consecutive posts merged]

Is there any exchange with LBTC depositing and without KYC?

Windows Full Node wallet will be released soon after the end of Lightning Node Elections.
If any of the community members willings to develop the Windows Full Node wallet earlier for the rewards, feel free to contact the team [email protected]

i hope windows version will release very soon . so it helpful for me , lighting bitcoin is great project better all cryptocurrency .

the full node wallet, Linux version is main stream and it doesn’t need UI. Later on, we will add windows version and Linux desktop version which will include UI

---

the campaign ends July 20

[moderator's note: consecutive posts merged]

This looks unique. Has the campaign ended? I hope not. I will go take a look now and, where possible, get more people to see this.

3 essential steps to become a Lightning Node:
1. Meet tech requirements
2. Lock up 5,000LBTC on your address
3. Submit the form on Lightning Bitcoin forum
Read about the details here: https://[Suspicious link removed]/2tBvGRO

---

Lightning Bitcoin: Inactive Addresses List
https://medium.com/lightning-bitcoin-blog/lightning-bitcoin-inactive-addresses-list-93bc034f5787

(1) Holding Rules
To develop the Lightning Bitcoin ecosystem, we took coins from inactive addresses, the total amount of 2,720,235 LBTC. An inactive address is referred to as an address that did not have any transactions or has less than 1 bitcoin transferred accumulated since January 31st, 2013. Also, we reserve the right of holding the LBTCs from these inactive addresses. The owners of inactive addresses can claim their LBTCs back before December 31st, 2020. Starting in 2019, unclaimed amount of LBTC will be used for building the LBTC ecosystem.

(2) Holdings Allocations
20% LBTC for the LBTC team
40% LBTC for LBTC Ecosystem
40% LBTC for Reclaim

(3) Used Portion of LBTC
Remaining amount LBTC: 2,235,269
The overall usage is 17.828% of the total amount.

The list of Lightning Bitcoin addresses:
12irXxWGUpPuGoKrK8dTfzmyQ7sw5YicpA
12qHFKiUs3Vimbb5jyFhJPixY5ofF9FPiG
132tMDAL5xdg9Tc1PkNSuhHFL81VLGnNtP
13WMsSzMBNeXAdpfzGo8AirQiqToVhurbb
143cF3pVfWxovuTjaBwj2tUbcdR5f7a6MA
15Jmwb186MUSMaX4TrhR9WBUQjMDXnPUzB
16qcFpZZUyJkx9nKHTG7FwMV1Tx7ifKsUB
16t9NdEzGMnaxMpwHsLE6T8pYX83RaJeeM
16wFs9nUFKWpKg12e1tQ9Ayt4tpL4Sidyb
17cs7J7gtmW169Y15hdmDB3aoHZXZSbNAD
18VioFnc7xWcE2yQrBcFPYGAeMVUcNtDhR
18d9Umuqr68YpbsjeT1eYWZ9krJTMjazjn
18wSLYgeR2SkyTVEeLwwbLXgaaPhgyake3
19MJBWFr86TAwSQU88AJEWnsycYiyp5YKn
19dGVNqApQ4g5HWXe1sWM9dBpQuE28ipYj
19pRXoG6VSN45bSahUjyKwUnVqfyKuK9H4
19tDRqVcBnZut8Xfw9RP87nVFugjwczS5L
1D9HJP9jbMNfZ1NCB1vCqYsZEB7abrrfyr
1DDUwvPSzpsS1YjxUx9U6CFbTQMCCe9Bxh
1Df4XNmcXMPwN4nBc8cRUrm7XUyKHSSHma
1DvM1PWR3bj2zaJXwLdXAY5zmTG3Q69jAb
1KP86NfTe7Ccmrw18MdBbENpJqf7dfiisT
1PMEHVRjtGgqwk12T32h5nriirzRnzopQw
1QGCHzbk4MMmbtpat79RbjTkahATs3w8aE
1qqKEKhzEK62FuHuQw2xRdE3ABBqTjnPQ
1JfYXHj7sScKao9WYpApjsGJVzYmRDEvN9
172p34A5HkWfmvTzLSHSuzHS42ERL9CP1X
16x8yDyxWEpeQ3yX4ajUWQwonqYE61seLL
1JDmrhEvDPd3jrojx736GSryA813uPEU6b
1Papc7CrDgzZxiFkUwKMmHqE5k3N5GRFKQ
1K3rwHpxEXPbZD6DkVJFkojaTejLszxkrG
1LGcDsz13stvPYT8U7nZr5k1rkya9pbKnd
1NTzcBrMHz4EkHpB7CBBKFYk1zDHG2SxRm
15EqvHDtJ3P7ssepAdoitjc4u1bwt6vQ4H

---

Lightning Node Elections June 21-July 20
Requirments and details read here ->https://[Suspicious link removed]/2tBvGRO

1. Lightning Nodes
Lightning Bitcoin uses Delegated Proof of Stake (DPoS) consensus mechanism, which allows LBTC holders to choose 101 lightning nodes that would be in charge of validating transactions and maintain the network and in return get rewarded in forged LBTCs.
Lightning Nodes are the core governing bodies and bookkeeping nodes in the Lightning Bitcoin network. Since all the Lightning Nodes are elected by the whole LBTC community, the LBTC community can replace the untrusted nodes by initiating new elections.

2. Candidate Requirements: Basic Information Disclosure
Provide Individual/institution introduction, including:
Name or a list of team members (for institutions);
recommend election teams name should be LBTC-related, for ex “LBTC FLY Community”, “Lightning Hub”, and we also welcome other node election teams to join LBTC node election
Website url;
Resumes;
Individual/ organization info;
Voting address for participating in lightning node election;
Community support plan for the coming year ( within 200 words);
Basic background of the existing community (this section will be considered as part of the contribution to the development and promotion of the community and will bring extra points to the candidate in the election);

3. Elections Requirements
Hardware requirements: minimum requirement 4vCP, 16GB RAM, 512GB SSD, 10M bandwidth;
LBTC Lock-up amount: the minimum LBTC holding amount for bookkeeping is 5000 LBTC.
If a candidate won the election with the holding amount less than 5000 LBTC, the candidate would not be eligible for bookkeeping. The position will be filled by a backup candidate who meets the minimum LBTC holding requirement.
In order to better align the interests between bookkeeping nodes and LBTC communities, LBTC’s mainnet source code will be upgraded on July 1st, 2018.

4. Procedure: Lightning Node Elections
Election dates:
June 21st, 2018 — July 20th, 2018
Starting date and time is June 21st 12:00pm.
For more information, please click the LBTC forum link.
Before submitting the information, please refer to the campaign submission notice in the forum!
The deadline is July 20th 22:00.
Considering the fact that LBTC mainnet has been running smoothly for months, candidates will be evaluated based on the level of contribution. On July 20th, the final list of candidates will be determined.

Assessment: The LBTC team will give a real-time and comprehensive assessment of all the candidates who have made a positive impact on the LBTC ecosystem development. A more detailed guideline will be released soon.
During the election: the LBTC team will give an assessment based on the community contribution guideline. If a candidate is lack of community contribution, its supporting votes might be withdrawn. If the candidate meets the minimum community contribution in the future, the candidate will still be able to run an election campaign. The voting mechanism will be improved over time in the ecosystem development plan. The whole election will be conducted under the supervision of the entire LBTC community.
On the consensus level: lightning nodes can only be elected on the basis of the supporting votes form LBTC holders. During the election process, the LBTC team will release the final assessment results and vote for the high ranked candidates. Notice that the support from the LBTC team might not determine the final success of a candidate because its supporting votes needs to be ranked into the top 101. In addition, the candidate needs to meet the minimum LBTC holding requirement (5,000 LBTC).

[moderator's note: consecutive posts merged]

Why do you provide only the daemon/cli binaries for Linux and not the Qt GUI? And why do you provide no binaries at all for Windows? All of that is very easy to compile and works without any problem (except your syncing bug).

[Source Code] Lightning Bitcoin source code on GitHub: https://github.com/lbtcio/lbtc-core
We are extremely excited to open LBTC source code to our community! Check, Contribute, Develop with us!

Ok, thanks for info.
I will try it soon.
But I don't use C++.  Need download C++ and install it?

Why LBTC it's a VERY bad choice? (Part 2)

Hello everyone. After my article, i get official answer and now have time to write new article.

• Quote: "Lightning Bitcoin team took coins from inactive addresses which altogether accounts for around 12% (2700000 coins) of the total number of coins."
• Answer: Shit... I write they took 20%, they answer 12%. They simply can not calculate how much they took. Why do i write 20%? I take 2,72kk from 16,75kk total coin supply minus segwit addresses and also some "forever lost" coins. But if we take 2,72kk from 16,75kk its 16,2%. Bad.
• Quote: "We have already completed two rewarding sessions: for light wallet testing, early awards for community contributors."
• Answer: Are you kidding me? I look LBTC Early Awards. Awards sum is 0,000155kk from 2,72kk. Gj, you accounted for the taken 0,000155kk of coins. 2,719845kk left. Bad.
• Quote: "The main objective of a market making is to provide liquidity for investors and traders."
• Answer: So what? So founders really sell it? How they provide liquidity? I see only one answer: they sell coins. Bad.
• Quote: "One of the obvious drawbacks of SegWit is a vast centralization of validating nodes, centralization in the way of centralized development."
• Answer: So they can make same as BCH (possible to claim but not to use), they dont. Sure they want quote "manipulate the price by limiting circulation supply". Bad.
• Quote: "Hope we answered all the questions"
• Answer: WTF? Really? Where answers about coins sended to exchange? Where this coins? If they dont sell it - show addresses with this coin to community... Where answers about votes for himself nodes and cobo pool?

Fatality: Also founder send new 50 000 coins to DigiFinex. Proof - coins sended from start claimed coins. They still "provide liquidity"?

Conclusion: The founder evades the answers to the questions, continues to forging the coin with his nodes and take a portion of the profit from the pool. He does not care about investors. You must beware of investing in this coin.

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Why LBTC it's a bad choice?

2.7kk for founder 4th February.

• Founder take 2.72kk coins at fork moment. And he is not announce this digits, only abstract “We took LBTC from inactive addresses”. It is about 20% of all coins.
• Proof: Blocks 500012-500020, for example: http://explorer.lbtc.io/blockinfo?param=500012&from=search https://explorer.lbtcscan.io/block/3230cffd1f3dafabe2159352e8b163f33dccd63fcb6e67b1bf757b05b2cf377d
• Founder selling LBTC on DigiFinex exchange. Proof address: 13YWwD4qREqjfeVpR32wY2CMVcErnV42iS. https://explorer.lbtcscan.io/address/13YWwD4qREqjfeVpR32wY2CMVcErnV42iS coins coming to this address – from fork and send to main exchange wallet (1mJy5UcfLeWxSWWDtpFKPvDoY1iNy24mR) as we can see – founder send about 370k coins to exchange. (I think he sell about 50% of this amount and other 50% send to his new addresses for hide)

Decentralization? What's this?

• 51 nodes taken by cobo pool. People dont care about ecology, vote only for rewards, for pool.
• Other 48 nodes – its investors or founder nodes. Proof: take any node from 101, not pool. For example “ghostfaceuk”. Check voters, check few addresses and look how this addresses got coins. For example: 1BQGEE1SVdWrozWSU1duDgDZqdpzYdMCzQ 25th February from 1ZiqgsBUGurqHtEL3zrebR5GHsRKSgHzr and this address take 50 000 coins from fork 19XAxUp72VuwxYvrKE5DJWY1SGTCxDLbeH address. Also you can just look 1ZiqgsBUGurqHtEL3zrebR5GHsRKSgHzr transactions and check their votes. https://explorer.lbtcscan.io/address/1ZiqgsBUGurqHtEL3zrebR5GHsRKSgHzr it's easier.
• Some votes from this address (1ZiqgsBUGurqHtEL3zrebR5GHsRKSgHzr) voted for cobo pool, so he take part of little investors rewards.

Segwit

• LBTC cuted segwit support. I thought why the Segwit support was not included. And I came to a conclusion - to avoid competition. You can independently count how many coins were on Segwit addresses and cut them from the circulating supply.

Conclusion: founder trying hide his selling “community coins”, coin controlled by one man.

P.S. The article is written in a hurry, this is my personal opinion and I will be glad to hear the opinion of the community.

Update: Funny official answer from founder:

https://imgur.com/fA8ErWO

• no any proof
• no answers about votes for himself nodes and cobo pool

Figured out how to fix it, if you are still having issues.

First try simply downloading/adding that file... info on youtube/google as to where to download it and where to put the file. If that doesn't work, make sure your windows is up to date (at least 1st service pack on win 7)... then update C++ from Microsoft. After that, it worked for me.

How i can get yours roadmap, devs ?

Having the same exact problem. Using an old laptop, as I don't like to risk wallets like this on pcs I normally use and am too lazy to set up a virtual machine. I expect I need some windows updates or something... will try the dll file, see if that works.

Edit: And after adding the missing file into the correct directories didn't work, I went to step 2, updating C++... which then had an unspecified error when trying to install. Looked for a fix for the fix, and decided to give up for now. The VM option is looking better and better.

Who can help me install Light Wallet Windows 64bit (v0.0.7)?
I downloaded and try install.. have errors:
1. windows have not api-ms-win-crt-math-l1-1-0.dll
2. Error loading Python DLL (python35.dll)

How can fix it?
Thanks.

Airdrop with HyperPay (May 08)
https://coindar.org/en/event/lightning-bitcoin-futures-lbtc-airdrop-with-hyperpay-8855

so, the post on the front page

"The original bitcoin holders can claim LBTC at a 1:1 ratio if you held BTC in the wallet or the supporting exchanges at Bitcoin block 499,999 (Dec. 18th, 2017) "

is a lie, Segwit holders at the snapshot can't claim.

Also, the graphic just below that claiming 21 million coin supply is also a lie. You can't say 21m coins then "oh but every coin on a segwit address is not supported"

This is good news, coins can now pass from weak to strong hands, I expect those fork hunters who don't bother researching coins will dump for peanuts, it's a great time to accumulate a position cheaply. If past forks is anything to go by the dump will be massive, so fiĺing a bag will be cheap. Lightning is a real dark horse in q4 , or early 2019

Same here, have a transaction that I sent from the lightwallet stuck now for 2 days. Pretty darn disappointing.

I sent a transaction hours ago and it seems stuck. Many blocks have been mined, but it is still unconfirmed.

It came from a segwit address: http://explorer.lbtc.io/transinfo?txhash=e8199d715f349c711b96008ab7080087c2876a42bfc3aa0c24c70bda57ce5e53



Any ideas how to confirm or maybe cancel it and send it again?

I successfully broadcasted a child pays for parent transaction with a much higher fee, but the block explorer doesn't find this tx id too.

Anyone know what is wrong?

no, deposits are not working, and it never has at btctrade...

I BUY what you ask for it ? digifinex is open but its all in chinees no english suppurt what so ever  https://t.me/NEOnaziss

Let me rephrase the question.

IS THERE ANY EXCHANGE WHICH ENABLES DEPOSITS OF YOUR COIN SO I CAN DUMP IT?

Anywhere that actually enables deposits?

WTS 1200lbtc

Do you have any mainstream exchanges that's trading your shitcoin?

Anywhere that speak English?

Is this shit even trading and can you deposit on the exchanges or is it still only futures?

The difference wallets the Light and Full node  is only the interest in downloading or not the blocks to the local computer?

Asic resistance is a good feature, but not enough to make this fork anything amazing, I think the devs need to add some features asap, otherwise this coin gets lost in the fork zoo of the last 6months.

What makes Lightning Bitcoin better than other forks, i don't see a big community here, so store of value proposition is very weak.

i think the really great thing about this project is the ASCIC/GPU resistent.
but this is just on the paper.
how many days until the algo will be minable with GPU/SIC?

Well, would this thing really work, and is convenient and reliable. Otherwise, the only adequate scaling solution will be the introduction of conventional clearing calculations

Do I still have time to take part in presale?
merculet

thanks, but can we claim our coins from SEGWIT addresses as well now?

I don't see things being traded on any big exchange and I doubt that a single one of the more popular ones will support a fork like this.

I have all the forked coins unclaimed including this one and not going to redeem my private keys anytime soon. This fork in few days will have three months but there is no impressive development. We all know in crypto this is considered long time and yet no support by any reputable exchange until it doesn't hit good trading platform I am going to watch continuously.

Is there any exchange yet where you can make actual deposits of LBTC?

The rollback happened indeed, segwit addresses have never been supported in lbtc network. so there is no connections between these two

Did anyone manage to set up the forging on the windows light wallet? I simply dont have the option to register as a delegate. What am I missing?

Apparently yes. A shit coin has just become even more shitier!

https://www.reddit.com/r/BitcoinAirdrops/comments/826vzz/lbtc_does_not_support_segwit_addresses/

Not to mention that the network is down every second day, there is no single exchange that takes deposits, even the shadiest one single exchange, etc!!

Is there a list of pools somewhere?

Do you need a pool to get a payout after you have voted?

The lack of information on forks is amazing...

Not yet that I'm aware of but you can sell it OTC at https://www.reddit.com/r/BitcoinAirdropsTrades/

Be aware LBTC has had to roll back their block chain and their network isn't reliable.

https://twitter.com/LightningBTC/status/969420387132981249

Is there any exchange accepting deposits of LBTC?

its hard to find any answers when dealing with chinese forks/projects. one has to wonder if the information is burried under the great firewall 

There's definitely some problem somewhere in their network.

Is there any kind of problem with pools? I've voted delegates but it seems they are no validating any block...

http://lbtc-pool.io

https://www.lbtc-pool.com/

I'm having the same problem, it just stopped connecting.

I am currently having trouble with the windows lite LBTC wallet.
It is no longer connecting.
It had been working up until today but is no longer connecting.
I have tried it on two different machines but still have the same error.
Any ideas?

When you say that you combine both Bitcoin and Ethereum, what is it that you take from Bitcoin that Ethereum can't do?

I would like to reserve Dutch translations!

then it should work
does it request access?
some windows bullshit window with access request

4vCPU, 16GB memory, 300GB (at least) to 500GB SSD, 10Mbps

What is the suggested reasonable amount of RAM and storage to run the Ubuntu full node wallet?

How did you claim LBTC- Lightining Bitcoin?

Yes, there is a big possibility for other exchanges to support lbtc after the disclosure of the source code.

Never heard before about these exchanges where it currently is available those given on previous page except Yobit. Which is not taken serious anymore even it is old and well known. I am interested to know when can I claim using coinomi wallet ? Have you contacted them to add this because that is only wallet I use to claim forked coins.

Like all other forks of bitcoin, this "LBTC" will go to zero
'cause it's shitcoin!

Now, if anyone can kindly say here when an exchange will accept deposits so I can dump this shitcoin, that'd be great!

I run Btcdiv.com, a site listing dividends to bitcoin holders in the form of altcoin forks and airdrop. Lightning Bitcoin is currently the third most valuable coin (per claimed bitcoin) on the site, only trailing BCH and BCD!

I have just added an Exchanges section to Btcdiv.com and have listed seven exchanges where LBTC is traded. Do you guys know of any more?

Thanks!
https://btcdiv.com

Mainnet was launched on Feb 4

@svetlim
install packages


using apt

Hi.

How to install and use "LBTC Full Node Wallet" ?

I download it, download and install Ubuntu 16.04.3 64x
Then try to start wallet but get error.
https://ibb.co/eM3Dqn

I have no experience with Linux/Ubuntu and can't start wallet.

Please if possible make and share video how to start this wallet. (I search in youtube.com 'how to', and find other coin wallets, but this not help)

regards Svetli

I see 1st post in this thread supporting exchanges doesnt list HitBTC. But on the website does list HitBtC. Will they be giving our LBTC coins?

Can coins be claimed if btc held in hardware wallet where one controls private keys? Or just the Lightning wallet?

Where can I find source code and whitepaper?

People, if you really need this coin for some reason, stay safe and do not use it on your active BTC address. Send your BTC to another address before you try to redeem it. You cannot trust it with your private key, until the source code can be audited.

Claimed LBTC with Excrypto - https://www.excrypts.org and will be keeping them until some exchange will adopt it and make it available to deposit.

Network is down. Chain has been splitted. Light wallet doesn't work. Nodes are not working cause of split.
What we need to do?

If any exchange had to list it was coming out loudly when this fork was first announced. To be honest this is already failed even before taking any start. Everyone loves free coins inclusive me but what sense has to get any coin which is more worse than ICO tokens. It's time is already over.

Dev was online after my post but didn't give answer. I assume the answer is no? Too bad, because IMO people would think twice before depositing their btc to a less known exchange like stated

I have 9.5LBTC to sell. Willing to trade OTC via escrow for 0.02BTC per coin. Message me if interested.

According to roadmap in this month mainnet should be launched. I can see OP was online two days ago. I hope tomorrow once weekend is gone we will have him back here to answer the questions which were raised. I also expect some update on current status on the development as well.

There is a typo mistake in introduction section where how to claim lightning Bitcoin is written. There correct date when fork happened should  be December 18,2017 instead of coming ones. I also had few Bitcoins at that block numbers and will keep watching where it goes before claiming the new coins.

Thailand  translation reserved!

past work.

LIZ : https://bitcoingarden.org/forum/index.php?topic=25285.0

BTCZ : https://bitcoingarden.org/forum/index.php?topic=25171.0

IFX : https://bitcoingarden.org/forum/index.php?topic=28363.0

ARGO : https://bitcoingarden.org/forum/index.php?topic=27243.0

Snow : https://bitcoingarden.org/forum/index.php?topic=26284.0

No answer?... so... I have to asume that there is no pool... so... I think there aren't votes from my side... I will support delegates who share benefits or a pool but not  particular delegates in order to make them rich.

French translation reserved!

Tagalog/Filipino Translation Reserved

Become bookkeeping node and get rewards for forging blocks. Read about DPoS consensus

Is there any delegates pool? or wich delegates will share their profit if I vote them?

How can i mine this coin ? 

Offering LBTC OTC at 0.01BTC. Contact me if interested.

I see that your list of exchange, although extensive, is not too popular. Is there a possibility that some better-known exchange will follows?

German translation reserved!

Testing has been successfully completed! Mainnet was launched on February 4

added your tweet if there is a desire to thank the addresses that you will always find on my page in Twitter  _{https://twitter.com/Bill_Djons/status/961901185950277632}

Pool for this coin:
https://lbtc-pool.io/ - vote and get rewards every day!!!

Reserving Turkish translations!

This is great! Waiting for the bounty details. Thanks.

There is some testing before mainnet launch?

italain translation reserved

Russian translation reserved!

Lightning Bitcoin is a fork of the Bitcoin blockchain. By adopting DPoS consensus mechanism with 2M blocksize, Lightning Bitcoin improves transaction speed, promotes decentralization and also supports smart contracts. Lightning Bitcoin combines the advantages of Bitcoin and Ethereum and creates a more valuable and functional blockchain system.

The ticker of Lightning Bitcoin is LBTC.




The original bitcoin holders can claim LBTC at a 1:1 ratio if you held BTC in the wallet or the supporting exchanges at Bitcoin block 499,999 (Dec. 18th, 2017).
Please only use links provided by this post, website, twitter or official telegram.




LBTC employs the DPoS Consensus Mechanism, which implements technological democracies to offset the negative effects of centralization problems posed by the PoW algorithm. As a result, true decentralization can be achieved with the voting right in the hands of the token holders, which ensures to maximize shareholder profitability and the network effect, minimize the costs of maintaining cybersecurity and the cost of operating the network. Significantly reduced the number of participating verification nodes, LBTC can reach the consensus in seconds, and the transaction speed is really FAST as lightning.
































First, one need to download the wallet and register as delegate. One address can register as one delegate. Then you can vote for yourself or ask others to vote for you. The number of votes is the number of LBTC held by the voting address. The top 101 addresses that get the highest number of votes can be regarded as bookkeeping nodes. The ranking and votes can be seen in the block explorer.

The previous steps can be completed through the light wallet our the full node wallet, but if you're elected as a bookkeeping node, you need to run the forging process in the full node wallet. The detailed tutorial can be found in LBTC website.








1. LBTC ticker.
Lightning Bitcoin ticker is LBTC. You would notice that some coins have similar tickers. However, Litebitcoin (LBTC, LBTCX) and Bitcoin Lightning (BLT) are the coins that are not related to Lightning Bitcoin. Please be aware and double check the name before making any transactions.  

2. How to claim LBTC? How does this airdrop of LBTC work?
A bitcoin holder is credited with Lightning Bitcoin based on a 1:1 ratio if you held BTC in the wallet or the supporting exchanges at Bitcoin block height 499,999. You can find the official wallet and the tutorial on our website: www.lbtc.io

3. Why are LBTC prices different on each exchange?
Some of the exchanges haven't install the LBTC wallet yet. Currently, the following exchanges support LBTC deposit and withdraw:
-https://www.digifinex.com/
-https://www.coinegg.com/
-https://www.zb.com/
-https://www.btctrade.im/
-https://www.aex.com/
-https://yobit.net/en/
-https://www.bcex.ca/coins
-https://kkex.com/
-https://exrates.me/
-SWFT.pro

4. Are there any bounty programs for LBTC and how can I contribute?
Yes! Anyone can contribute to the LBTC community by writing articles, setting up promoting groups, and contributing source codes. The detailed rules will be posted on Medium in weeks.

5. Does "3sec + 2MB" imply that the blockchain increases by 40MB/min and 57GB/day?
The actual block size depends on the amount of transactions during that specific 3 seconds. Normally, the block size is less than 1KB in the beginning. Therefore, 57GB per day is a hypothetical growth with maximum loading.

6. Does LBTC have pre-mine? And, how does the LBTC committee provide funding to build the ecosystem?
There is no pre-mine. However, the Lightning Team will build a security node to make sure that the mainnet works smoothly.

The addresses that have no transactions or only inflows with less than 1 BTC accumulated since Jan 31th 2013 are defined as inactive addresses. We took LBTC from those inactive addresses for ecological construction, such as algorithmic research, smart contracts and DApps development, community rewards and global promotion.The full node wallet and light wallet will be managed by the LBTC foundation. We reserve the rights to return LTBC back to these inactive addresses upon request.

7. What are the inactive addresses?
Please refer to this Medium article: https://medium.com/lightning-bitcoin-blog/lightning-bitcoin-inactive-addresses-list-93bc034f5787

8. Are LBTC and Lightning Network related? What's the difference?
Lightning Bitcoin is a hard fork of Bitcoin; Lighting Network is an off-chain protocol built on Bitcoin. It is important to address that these two projects are not related to each other. The only two things that Lightning Bitcoin and Lightning Network have in common are the desire to propose solutions to Bitcoin's scalability problem and the word “Lightning” ^^.

9. Is LBTC open source?
Lightning Bitcoin is open source: https://github.com/lbtcio/lbtc-core.

10. How to get the LBTC back if they were sent to a segwit address by mistake?
LBTC mainnet doesn't support segwit! If a LBTC was sent to a segwit address, it will be lost forever. Therefore, NEVER SEND YOUR LBTC TO A SEGWIT ADDRESS!