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Lightning Bitcoin


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Everything posted by James

  1. not a priority right now, but in a long run, it should be considered
  2. Is cryptocurrency a reliable enough investment to count on for retirement? Let's consider the facts. https://www.inc.com/larry-alton/can-you-retire-on-cryptocurrency.html
  3. https://www.ccn.com/crypto-rollercoaster-explaining-the-recent-market-performance/ Just when it appeared that the cryptocurrency market was about to bottom out just a fortnight ago (with Bitcoin reaching a reported 14-month volatility low), the market subsequently started displaying indicators of a directional shift. Last week however, we saw a short-term appreciation in value. In typical crypto fashion it was just as rapid if not more so than the recent decline and Bitcoin, in particular, was observed to have exceeded “a key resistance level at $7,000 after breaking out of the $6,800 mark… crucial for the short-term recovery of Bitcoin.”. Right now however, we are looking at what some mainstream media organisations have described as an ominous price-crash: if not full-blown ‘meltdown’.
  4. MilestonesListing on the Exrates.me ExchangeThe 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 ServiceKKEX 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.AnnouncementLinux Full-node wallet V1.2.1 ReleaseThe 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 ForkonexForkonex 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.CommunityFinancemagnates Featured Lightning BitcoinThe 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 infographicWow! 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.CommunityGolden 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 TikTokThe 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
  5. 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
  6. Click the link to read more: Lightning Bitcoin Redefining Fast Transactions and Payments
  7. The team is actively developing the mobile version of LBTC wallet. It will provide the maximum security and voting functionality. Stay Tuned!
  8. 我来发明一个共识机制:Proof of Breath 呼吸证明,呼吸即挖矿
  9. 这个行情,要持续到2019年下半年。大家就不要抱任何幻想了
  10. LBTC Network Upgrade Announcement The Node Election and TimeLock code have been tested and uploaded to the network. Due to the safety concern for those LBTCs locked inside the hot wallets, the LBTC team will apply the multi-signature technology to add extra safety for Lightning Nodes. According to the election rule, holding a minimum of 5000 LBTCs is one of the requirements for participating in the Lightning Node Election. This requirement will further motivate the nodes to stabilize the network and contribute to the LBTC ecosystem. At the same time, with the development of the LBTC ecosystem and support from our community, the LBTC team might adjust the election rule based on multiple factors, including the market performance and LBTC circulation. LBTC’s mainnet will complete the upgrade by next week. Thank you all for your patience and support. 1. Mainnet Upgrade Execution Time At 11:00 a.m. August 9, 2018 2. Full Node Wallet Upgrade Instruction The instruction is below: -Backup the original wallet make sure to backup the wallet data -Quit wallet -Delete wallet data -Download the latest wallet from the official website -Unzip the file -Run the program -Load the wallet -After syncing the data, start mining Syncing time: data syncing time is around 3 days Server requirement: 4 cores, 8G, 10M Bandwidth (Recommend) 3. Mining Node Deposit Instruction Delegate Address:1MiHRFLWa3Rb65DFG38L2Ewny3wNdnYkhs Delegate Name:Test Note: considering the complexity of multi-signature technology, direct deposit is also an optional solution. The difference between them is that the former offers cold wallet addresses whereas the latter only offers hot wallets (DPoS consensus mechanism requires that mining nodes use private keys for mining activities). We strongly recommend the multi-signature solution for mining activities. 1-Direct Deposit Note: 1)If there are too many small changes inside your wallet, you might not be able to transfer 5000 LBTCs all at once. You can try to split the total amount and transfer them in multiple times. 2)When the mining nodes are under attack, those hackers may transfer LBTCs to other addresses. However, if you use the multi-signature technology while getting attacked, the LBTCs in that wallet can not be stolen even though the private keys are exposed to the hackers. 2-Deposit using the multi-signature technology 2.1) Generate A Wallet Address If you don’t have a wallet address, use the code below to generate a new address Note: Better not to use a delegate node mining machine to generate the address. Try to use a new wallet to generate the new address. 2.2) Lookup The Address’s Public Key 2.3) Generate A Multi-Signature Address Rules: 1 Use 2/2 model 2 If the order of public key is different, the multi-sig address generated will be different as well. 2.4) Transfer Coins to A Multi-Sig Address Note: keep a record of transaction hash from a multi-signature address for searching purpose. Losing the transaction hash might cause the coins unusable. 2.5) Use The Coins from Multi-Signature Address In order to make a deposit to the multi-signature address successfully, you need to use the coin from that address first. 2.5.1) Search Transactions 2.5.2) Generate Transactions For instance: Assume that there is 0.1 LBTC in a multi-signature wallet, transfer 0.08 LBTC to my5ioJEbbhMjRzgyQpcnq6fmbfUMQgTqMZ, transfer 0.01 LBTC to the delegate 1MiHRFLWa3Rb65DFG38L2Ewny3wNdnYkhs, reserve 0.01 LBTC as mining fees. ./bitcoin-cli createrawtransaction “[{\”txid\”:\”be1c5a50d1c2033225f35316230b73b47496c8ecb50284285db49744fa6da3ad\”,\”vout\”:1}]” “{\”my5ioJEbbhMjRzgyQpcnq6fmbfUMQgTqMZ\”:0.08,\”1MiHRFLWa3Rb65DFG38L2Ewny3wNdnYkhs\”:0.01}” 02ff000001ada36dfa4497b45d288402b5ecc89674b4730b231653f3253203c2d1505a1cbe0100000000ffffffff0140420f00000000001976a914e3314674386c289a002f674c631a4c7a0c758bbf88ac00000000 Note: be1c5a50d1c2033225f35316230b73b47496c8ecb50284285db49744fa6da3ad, hash for 0.1 LBTC transaction to the multi-signature address 2. screen shot “this parameter sets the cost” 3. “{\”1MiHRFLWa3Rb65DFG38L2Ewny3wNdnYkhs\”:0.01}”,this address is for change. You must set up this address yourself, otherwise you may lose coins. 4. need to reserve mining fees 2.5.3) Add A Multi-Signature Address in The Wallet 2.5.4) Sign A Transaction use the first private key to sign the transaction Then, use the second private key to sign the previous data 2.5.5) Send Transactions Use “sendrawtransaction” command line to send the highlighted data to the network. 2.6) Deposit to A Multi-Signature Address 2.7) Search Delegate’s Holding Amount 4. Advisory Multi-signature technology plays a critical role for asset security. For more details, please contact LBTC assistant Wechat account: chain11223344
  11. 我们就静观其变吧,其实一个比特币大户的任性操作,就可以扰乱市场,让我们散户浮想联翩。
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