2017.12.18 LBTC forked at Bitcoin block height 499999, LBTC was officially born 2017.12.18 LBTC participated in CFC MEETUP blockchain technology special session 2017.12.19 LBTC established Chinese and English community on Telegram 2017.12.21 LBTC Lightning Plan was officially launched 2017.12.25 LBTC participated in the peak feast and the blockchain Christmas Assembly… Continue Reading 2.5 Development History of LBTC

The following content is quoted and translated from chainnode: Online Governance of LBTC Blockchain governance is the objective basis and institutional guarantee for the formation and maintenance of consensus agreements. At the same time, governance also provides a subjective route of advice for all parties involved to reach consensus. In… Continue Reading 2.4 Interpreting The LBTC Whitepaper (3)

The following content is quoted and translated from chainnode: LBTC Makes Pragmatic Efforts in Decentralization The whitepaper is the best manual for a project. When reading the whitepaper, purpose and perspective vary from person to person. The nodes mainly value the rules. The users mainly value the attractiveness. The investors… Continue Reading 2.3 Interpreting The LBTC Whitepaper (2)

The following content is quoted from chainnode: Interpreting The LBTC Whitepaper – Do You Really Understand LBTC? In recent years, it is undoubtedly the period of blockchain technology revolution. The term blockchain is a global hit. Blockchain has the advantages of security, openness, decentralization and non-tampering. All this gives a… Continue Reading 2.2 Interpreting The LBTC Whitepaper (1)

As mentioned before, LBTC was born to break the power monopoly of bitcoin by big miners and Bitcoin cores, introduce more new features and functions for Bitcoin, and significantly improve performance. Lightning Bitcoin (LBTC) is a peer-to-peer electronic cash system based on Bitcoin’s innovative experiment. It uses the UTXO-based DPoS… Continue Reading 1.4 Why Do We Need LBTC?

On October 31, 2008, a cryptography expert (possibly a group) nicknamed “Satoshi Nakamoto” published a whitepaper on the Internet entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. The whitepaper describes a revolutionary technology that creates the world’s first true, peer-to-peer and decentralized monetary system. Three months after, on January 3, 2009… Continue Reading 1.2 Development History of Bitcoin

The following content is quoted from Wikipedia: Satoshi Nakamoto is the name used by the unknown person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation. As part of the implementation, they also devised the first blockchain database. In the process, they were the first to solve the double-spending problem… Continue Reading 1.1 Satoshi Nakamoto & The Bitcoin Whitepaper