Lightning Bitcoin (LBTC) is a fully decentralized Internet-of-value protocol for global payments. The specific applications include peer-to-peer transactions and exchange platforms. Any users that operate on the LBTC protocol can enjoy instant, secure and nearly free global financial transactions of any size.
Lightning Bitcoin’s on-chain governance system enables LBTC holders to vote for the blockchain improvement proposals and the delegates who maintain the network as Lightning Nodes. It solves the problems of centralization of bitcoin by incorporating all participants in the Lightning Bitcoin ecosystem into the decision-making process.
On-chain governance system incorporates all holders within the LBTC blockchain network into the decision-making process.
DPoS allows LBTC coin holders to choose 101 lightning nodes to validate transactions, promoting greater decentralization.
DPoS provides a high level of scalability at the cost of limiting the number of validators on the LBTC blockchain network.
Payments using LBTC protocol get confirmed in seconds.
The transaction fees could be as low as 0.00001 LBTC per transaction.
Built on the backbone of Bitcoin’s infrastructure, which has a nine-year track record of stable network.
LBTC is heading for a true peer-to-peer electronic cash system. To achieve this very original intention from the bitcoin whitepaper by Satoshi Nakamoto, we are building in every respect a more reliable and feasible protocol with better user experience.