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1  Alternate cryptocurrencies / Announcements (Altcoins) / LTBcoin [LTBc] "Let's Talk Bitcoin" crypto-rewards Official Discussion Thread on: July 27, 2014, 08:51:57 PM
About LTBcoin

LTBcoin is a brand new kind of thing. It is a crypto-rewards system where people who help LTB to be useful are rewarded for their efforts. And it’s built on Bitcoin!

LTBcoin is the proprietary token for the Let’s Talk Bitcoin Network. It is the exclusive token accepted for sponsorships. It will provide the user a significant discount in the network wide and ACT-specific e-commerce stores. It can be used in the network for tipping and will generally be useful in every corner of the LTB universe.

LTBcoin is a user-defined asset using the Counterparty protocol. Counterparty is built on Bitcoin and is secured by the Bitcoin network. Because of this, LTBcoin addresses are exactly the same as Bitcoin addresses. LTBcoin can be traded on the Counterparty distributed exchange for Bitcoin, XCP or other user-defined assets. If you haven't got a Counterpart wallet yet, visit Counterwallet.co.



"Mining" LTBcoin
SomeInvisibleTextIsHereCoolHuhIThinkSoYaKnowWhatIMean
Some Ways to "Mine" LTBcoin

















1
Summary of Mining

LTBcoin does not use computational mining. Instead, coins are distributed to the content creators, the community and the platform according to a fixed schedule. After a period of 260 weeks (5 years), all coins will be distributed and no new coins will be created.

LTBcoin is mined by PoP, Proof of Participation. Essentially if you read or listen to podcasts on the Let's Talk Bitcoin website, you have just participated in PoP. You can read the details of PoP HERE

LTBcoin is also mined by PoV (Proof-of-Value), and PoQ (Proof-of-Quality). If you create a show, or write an article (or ever wanted to!) either by yourself or as part of an ad-hoc group formed for the task on the forums, you’ll earn LTBCOIN not only when we publish your work to our audience (PoV), but again a month later when the performance of your work is compared against all the other work published during that week (PoQ), and then rewarded again!  


Why is LTBcoin Valuable?

Demand for LTBcoin is derived from the value it has as the exclusive currency used for purchasing ads on the LTB network. LTBcoin will also be the exclusive token that lets you participate in our contests, buy gear at discount in our stores, and participate in promotions and other surprises we come up with along the way!

Effective July 1st, 2014 LetsTalkBitcoin.com, the Let’s Talk Bitcoin! show, and the LTB network will only sell sponsorship space (on the web properties) or airtime (on the show) for LTBcoin, to the highest bidder, in LTBcoin, at our regular auction events.


Buying LTBcoin







About LTBcoin Supply

A Sampling of Last Weeks LTBcoin Distribution
-Period-
-LTBC Rewarded--Users Participating--Points Earned--LTBc / Point--Average LTBc Earned-
PoP Week9
1,600,131.00
1,074
38,606.87
41.45
1,489.88
PoQ Week9
2,080,252.00
6
150.00
13,868.35
346,708.67
PoV Week9
2,143,928.00
11
22,977.60
93.31
194,902.55
There is a lot more information available regarding LTBcoin distribution, check out the links below.
List of all LTBcoin Specifications
Weekly Disbursement Breakdown
LTBcoin White Paper (Not Final)


About "Let's Talk Bitcoin"


In late April 2013, Adam B. Levine founded Let's Talk Bitcoin! as a twice weekly audio show along with co-hosts Andreas M. Antonopoulos and Stephanie Murphy, PhD
With new episodes released Tuesdays and Fridays, the show provides a platform for those creating the future of money to share their experiences, and discuss their progress.
In August of 2013, Let's Talk Bitcoin! added a daily guest blog and weekly newsletter with the goal of showcasing ideas, experiences and voices from all sides of the cryptocurrency debate.









Recent Articles
Mike - September 18, 2014 - LTB Community Roundup #7
Andrew De Gabriele - September 18, 2014 - Crypto for Change - Using Token Controlled Access to Power Affiliate and Member-Invite Programs
Adam B. Levine - September 17, 2014 - Token Controlled Viewpoint (TCV) Genesis, Characteristics and Early Use Cases
Michael Kimani - September 12, 2014 - Crypto for Change - Bitcoin and Africa - An Insider's Perspective on LTB 133
Brian Cohen - September 11, 2014 - United States to Monitor Canadian Border for Illicit Drug-Related Bitcoin Transactions
Scott Melton - September 09, 2014 - The Possibility of Alternative Incomes
wildjo - September 07, 2014 - Long-Arm Lawsky, Part II: Interstate Commerce
mike ward - September 05, 2014 - Namecoin: Building a Free and Secure Internet
Adam Terwilliger - September 04, 2014 - Telephone and the Blockchain
Tron Black - September 03, 2014 - Bitcoin Value and Mining Difficulty
August 30, 2014 Long-Arm Lawsky, Part I: Statutory Authority
August 29, 2014 DEA Seizes Bitcoin: Seizure Points to Earlier Mistaken Identity
August 28, 2014 LTB Community Roundup #6
August 27, 2014 FoldingCoin: Mining for Medicine at Home
August 22, 2014 The Blockchain, the BitLicense, and the High Costs of Compliance
August 21, 2014 How many bitcoins does it cost to maintain the Bitcoin network?

Recent Podcasts
Arthur S. Falls - September 22, 2014 - Beyond Bitcoin - 15 - Culture On The Blockchain
Bitcoins and Gravy - September 21, 2014 - Bitcoins and Gravy Episode #34 Enter the Thieves Emporium
Adam B. Levine - September 20, 2014 - Let's Talk Bitcoin #146 Because We Can
Paul Boyer - September 19, 2014 - MMM S02E13: The Ultimate Episode
Arthur S. Falls - September 16, 2014 - Beyond Bitcoin - 14 - Hyperledger
Adam B. Levine - September 16, 2014 - Let's Talk Bitcoin! #145 COMICCOIN and Anarchy
Bitcoins and Gravy - September 15, 2014 - Bitcoins and Gravy Episode #33: Argentina!
Adam B. Levine - September 13, 2014 - Let's Talk Bitcoin #144 News Talk
Adam B. Levine - September 09, 2014 - Let's Talk Bitcoin #143 From Up Close
Bitcoins and Gravy - September 07, 2014 - Bitcoins and Gravy Ep 32: The Big Apple & Amagi Metals
Arthur S. Falls - September 07, 2014 - Beyond Bitcoin - 13 - One To Rule Them All
Adam B. Levine - September 06, 2014 - Let's Talk Bitcoin #142 What's NXT?
John Light - September 05, 2014 - P2P Connects Us - The Pilot Episode
Paul Boyer - September 05, 2014 - MMM S02E12: Penultimatum!
September 02, 2014 Let's Talk Bitcoin #141 It Seemed Like A Good Idea At The Time
September 01, 2014 Beyond Bitcoin - 12 - The Future Of Storj
September 01, 2014 Episode #31: UPS accepts Bitcoin and LibraTax.com
August 30, 2014 Let's Talk Bitcoin #140 Boots on the Ground
August 26, 2014 Let's Talk Bitcoin #139 The Validity of Appcoins


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