First of all welcome to Lightbit. This post will include informational content about the project as well as informative links to exchanges and other websites as well as our socials and website and community.
What is Lightbit?
LightBit aims to disrupt the crypto industry by lowering transaction fees for wallet to wallet exchanges.
We built a platform for
everyday use cases
LightBit is a peer-to-peer Internet currency offering instant, low-cost fees to users around the globe.
LightBit is an open-source, universal payment system that is fully decentralized without any governing central oversight
The network is secured by cryptography and enables people to have control of their own funds. LightBit has fast confirmations providing better user experience.
You can mine LightBit with your CPU using the CPU Power also you can mine LightBit with your CPU using the CPU Power algo
- 60 seconds block time
- 10 LITB per block
- 21 million LITB supply
The validity of LightBit is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded.
The block time is the average time it takes for the network to generate one extra block in the blockchain.
Paper Wallet: https://cryptopaper.xyz/?currency=Lightbit
This post will be updated with time when more exchanges and so on gets added so please have a look at this post now and then or join discord where such news is posted.