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LiteBar (LTB) - a fork of Litecoin (LTC)

The silver equivalence of BitBar with fast block time and fast confirmations (only 4 confirmations needed).

  • 3 minutes block target
  • 4 transactions to confirm
  • Transaction fee = 0.001
  • Uses scrypt as Proof of Work (PoW) Scheme
  • Difficulty retargets once per block (Using Kimoto Gravity Well)
  • Total litebars rewarded = 1450000 (1.45M) only. This is a rare bar!
  • Linear designed litebar production (reward will halve once only to a minimum reward of 1 litebar)
  • Litebar generation process will last for 5 years only after which it will lay in a state of perpetuity (2014-2021)
  • 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)
  • The default ports are 9065 (connect) and 9055 (json rpc).

Wallet downloads:

LiteBar Web Site

LTB Information Thread