LiteBar

LTB

LiteBar

Coin Code: LTB

Hashing Algorithm: Scrypt

Description:

LiteBar is a digital commodity reared out of Litecoin. Similar to Litecoin, LiteBar is open-source, uses p2p technology in order to function without any central authority, and relies on Scrypt algorithm as Proof of Work (PoW).

Coin Details

Coin Market CAP:$73875.4352992 USD
Coin Price:$0.12 USD
Coin in Existence:613,395
Coin Position (CAP):312
Block Count:0 Blocks
Block time:0 secs
Block Reward:
Mining Difficulty
Profit Ratio:
Profit Ratio Avg:

Specifications:

  • Block Time: 3 minutes block target
  • Confirmations: 4 tx confirmations
  • Transaction fees: 0.001
  • Algorithm: Scrypt as Proof of Work (PoW) protocol
  • Difficulty Retargets: Once per block (using Kimoto Gravity Well)
  • Total LiteBars Rewarded: 1350000 (1.35M) only. This is a rare bar!
  • Design Type: Linear designed LiteBar production (reward will halve once only to a minimum reward of 1 LiteBar)
  • Mining Lifespan: LiteBar generation process will last for 5 years only after which it will lay in a state of perpetuity (2014-2019)
  • Starting Blocks: First 7200 starting blocks (15 days) will have 5 LiteBars per block Hereafter it will drop to 2 LiteBars per block and /2 once after 2.5 years (or 438000 blocks)
  • Ports: The default ports are 9065 (connect) and 9055 (json rpc)

Market Prices

Exchange Currency Pair Last Price
Cryptsy LTB/BTC 0.00011010
Cryptsy LTB/XRP 10.23694234

Last 1000 Transactions


Fatal error: Uncaught exception 'Exception' with message 'Could not get reply: Failed to connect to api.cryptsy.com port 443: Connection refused' in /home/envisw/public_html/coinsense/library/api/api_cryptsy.php:43 Stack trace: #0 /home/envisw/public_html/coinsense/library/api/api_cryptsy.php(88): api_query('markettrades', Array) #1 /home/envisw/public_html/coinsense/library/db/data-functions.php(157): getCryptsyMarketDataLatestTrades(202) #2 /home/envisw/public_html/coinsense/coins/index.php(132): getMarketDataLatestTrades(202) #3 {main} thrown in /home/envisw/public_html/coinsense/library/api/api_cryptsy.php on line 43