[ANN] LiteBar (LTB) - Reborn

[Spidersbox]

you can join the FreiExchange Discord here https://discord.gg/XFDBW9y

and don't forget to join our Litebar Discord https://discord.gg/UqXEmd5

[1713894923]

1713894923

[1713894923]

1713894923

[1713894923]

1713894923

[TillKoeln]

https://twitter.com/TillKoeln/status/1159056682426753024?s=20

#BTC #Bitcoin #CryptoNews  #cryptotrading  #cryptotwitter #LTC #DOGE #ETH #Fintech #Forex

$LTB LiteBar is added to https://www.unnamed.exchange/News

join https://discord.gg/phaRuY9

BTC http://www.unnamed.exchange/Exchange/Basic?market=LTB_BTC

DOGE https://www.unnamed.exchange/Exchange/Basic?market=LTB_DOGE

LTC https://www.unnamed.exchange/Exchange/Basic?market=LTB_LTC

[lemonandfriesonetwo]

Litebar is being traded on AltMarkets.io
https://altmarkets.io/trading/ltbbtc

 

bump

[bunterfisch]

LTB is now listed on unnamed.exchange
https://www.unnamed.exchange/Exchange?market=LTB_BTC

[Spidersbox]

added faucet to our discord
https://discord.gg/nMVuvcq

[Spidersbox]

Litebar web wallet is up
https://wallet.litebar.co/
new android wallet is ready
https://litebar.co/downloads/LTB-Android1.1.0.apk

google play has been really slow, so it will be a while until new android wallet is on google play

[Spidersbox]

Litebar is now listed on google play
https://play.google.com/store/apps/details?id=com.litebar.androidwallet

[cefar]

all coins will be mined in March 2021 
I'm right?

[TillKoeln]

all coins will be mined in March 2021 
I'm right?

31 Februar

[psycodad]

all coins will be mined in March 2021 
I'm right?

If I read the code correctly, you are about right.
Mining reward will be zero in about 72.3 days from now.

https://github.com/Crypto-Currency/litebar/blob/master/src/main.cpp#L885-L896 :

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 5 * COIN;
	// first 15 days will dispose 5 coins per block = 7200 blocks (36000 coins)
if(nHeight>7200) nSubsidy = 2 * COIN;

    // Hereafter, subsidy is cut in half every 438000 blocks, which will occur approximately every 2.5 years and end at year 5
    nSubsidy >>= (nHeight / 438000);
    
return nSubsidy + nFees;

}

Given that it has not a shit ton of tx right now, the chain will probably get stuck then until enough tx fees have piled up to lure in a miner.

[AmoreJaz]

all coins will be mined in March 2021 
I'm right?

If I read the code correctly, you are about right.
Mining reward will be zero in about 72.3 days from now.

https://github.com/Crypto-Currency/litebar/blob/master/src/main.cpp#L885-L896 :

-

Given that it has not a shit ton of tx right now, the chain will probably get stuck then until enough tx fees have piled up to lure in a miner.

maybe at that time, there will be more users that will get their interest here.  the dev should also remove nova exchange (long been out from business) in their list of exchanges as published on their site. they can replace it with FreiExchange instead. and noticed that the number of installs from google play is quite few. need to revive the community here.

[Spidersbox]

updated OP
removed nova and replaced with frei exchange

will be interesting to see what happens with litebar when pow reward goes to zero.

[Spidersbox]

please note that there is not a Litebar [LTB] airdrop
watch out for scammers!

[Lighthousesat]

Hello All,

So I noticed LTB was removed from the market place on FreiExchange? I contacted support they said there was an official IEO scam? Not sure how that works or what happened. What does that mean for us miners? Just trying to figure out what went wrong and how this can be prevented in the future. Sounds like it will be down for an unknown time period...

[hyperminer]

Always liked LTB, was this coin on cryptopia? Remember it from somewhere.

[psycodad]

Only a few dozens blocks until the reward is 0 and the chain stops.
Will be indeed interesting to see what it does to the price if coins can't be moved on and off exchange.

Made a fool of myself, didn't read the code correctly (better even, didn't understand the reward function obviously), it just halved to 0.5.

* psycodad facepalms, takes out the 'C for absolute dummies' book..

[wELLy]

     Vote LiteBar [LTB]

     ☕️knolix.com/vote


https://www.youtube.com/results?search_query=knolix

[Spidersbox]

Not sure if you noticed, but Litebar current supply went past the max_money set in code.
turns out there was nothing comparing current supply to max_money - there is now.

max_money has been changed to 1,450,000
please update your wallets.

Minors - please tell the pools you are using about the update.

github has been updated

will have windows and mac wallets in a few hours

[Spidersbox]

Hello All,

So I noticed LTB was removed from the market place on FreiExchange? I contacted support they said there was an official IEO scam? Not sure how that works or what happened. What does that mean for us miners? Just trying to figure out what went wrong and how this can be prevented in the future. Sounds like it will be down for an unknown time period...

turns out there is/was an eth token using the name litebar, ticker LTB, and the logo.
Fedde at frei exchange paused the markets, and we watched to see what the fallout was going to be like.
(you may have noticed the warning at the top of the litebar.co web site)
trading has been enabled.

Please join our Discord  https://discord.gg/nMVuvcq
or out telegram  https://t.me/LiteBarOfficial

Spider

[Spidersbox]

Litebar mac wallet is available to download from the website
https://litebar.co/