[Weekly report] August 13th

Listing |Network upgrade | New Video | Reading list

Lightning Bitcoin [LBTC]
Lightning Bitcoin Blog
4 min readAug 13, 2018

--

Lightning Bitcoin network upgrade completed

On August 9th, the Lightning Bitcoin team completed an upgrade of main network code. The upgrade applies multi-signature technology for adding wallet lock-up function to node mining, ensuring asset security in all aspects. According to the established rules, lock-up of 5,000 LBTCs will be one of the necessary requirements for joining mining nodes.

Currently, the partnering exchanges will suspend the replenishment service and will reopen the replenishment after 1–2 days. Please refer to the exchange announcements or transaction pages for specific information.

Tech progress

1. Windows version of the full-node wallet has entered the final testing phase.

Pushing hard to expand our user base:) Please spread the news!

2. For Token issue within Lightning Bitcoin Network, the user needs to determine the Token function requirements and the technical solution investigation.

Announcement

Listing of LBTC on the Exrates.me exchange

LBTC has been listed on the Exrates.me exchange, LBTC/BTC, LBTC/ETH, LBTC/USD trading pairs have been available so far.

Exrates.me is an American international exchange designed to charge the lowest fees and provide maximum security. Check the link: https://exrates.me/dashboard

Bounty program [Lightning Plan PLUS] is coming soon!

The lightning program has attracted more community members during the 8-month of operation. The Lightning Bitcoin team is about to launch a more complete bounty program, which can be tailored to each step, while enriching the reward mechanism.

The lightning program will be more comprehensive and rewards distribution will be more open and transparent. Let’s work together and build a more active Lightning Bitcoin community!

Community progress

[Zning] Lightning Bitcoin got account on Bihu 币乎

Community members created account for Lightning Bitcoin on Bihu. Shout out to three LBTC community members Xiaoning, Dawenwen, and Flash Gathering who have established accounts to promote LBTC. All of them have published lots of LBTC related articles on the platform. Click on the links to support the community!

More LBTC supporters are welcome to join the lightning program to promote LBTC on more platforms!

More blog pages here: 大文文闪粉聚集

New Lightning Bitcoin video!

A community member has created a LBTC video. The video introduces the LBTC development roadmap and major event records, which is currently published on Youtube.

Lightning Bitcoin Reddit is getting its audience!

The Lightning Bitcoin team is working hard on expanding the audience and exposure around our projects. A few weeks ago, we launched the official account on Reddit and so far it has reached 1.1k subscribers! Good job:) We know that Reddit is an important platform in the world of global tech community. Welcome to Reddit, ask us any questions there, and share your opinions. Check the link.

By the way, Lightning Bitcoin also expends its presence on Instagram! Follow us @lightningbitcoin_official

LBTC reading list:

English articles

Chinese articles

  1. “What? Why LBTC’s future “take off” is a high probability event?”
  2. “Payment Gateway and LBTC” {Short review on cross-chain features of Lightning Bitcoin Network}
  3. “Demonized forked coins: does fork cut the leek?” {Chronological review of fork coins and their characteristics}
  4. “In addition to the chest and legs in ChinaJoy, what attracted me most…” {Gateway payments and smart contracts}

Here all the news for the past 2 weeks

Contact us: support@lightningbitcoin.io

Instagram’s good publicity helps more cryptocurrency enthusiasts understand LBTC’s mission.

--

--

Lightning Bitcoin [LBTC]
Lightning Bitcoin Blog

Lightning Bitcoin (LBTC) is an instant, secure, scalable and nearly free Internet-of-Value protocol for global payments based on Bitcoin and DPoS consensus