[Weekly report] May 2
By: Lightning Bitcoin, Lbtc
Tags: Lightning, Bitcoin, Lbtc Weekly, Cryptocurrency, Blockchain

Milestone

LBTC deposits are open on BtcTrade exchange NOW! Thanks for your patience and support!!

Technical Improvement

The test net has been launched , providing a testing environment that is consistent with the mainnet to more users, exchanges, and wallets to participate in the development.

The source code will be opened after the auditing works be done.

Block explorer

the delegates’ votes display error was fixed. New query type function will be added soon.

Full node wallet

Help section was updates

the block synchronization speed was improved.

Light wallet

UХ improvments, including “blank” function in “transaction”, refresh function in “history”.

At the same time, a number of exchanges and wallets are modifying the code to list LBTC on their platforms. Details will be announced in the near future!

Announcements

Apply for testing the code now

April 22nd, test net was lasunched.

The test net of Lightning Bitcoin is an environment consistent with the main network. It aims to provide testing services for users and exchanges, and verify the compatibility of the mainnet functionality.

Welcome to join the group and communicate with technical team directly! Join LBTC in Discord

Join us now:

PC:

Mac Linux Windows

Mobile phone:

Android IOS

LBTC wallet update

LBTC light wallet: v0.0.7

The size of light wallet was reduced to 20Mb

Language configurations set up automatically

LBTC full node wallet: v1.1.1

The full node wallet supports test net now.

Please download the latest version on the official website.

Community

Delegates monitor

Lightning Bitcoin Community member Dmitrii made a delegates monitor.

Delegate Monitor has information about current block height, total number of delegates, their bookkeeping statistics, and ranking, thus identify nodes with poor performance. The functions pf the platform are diverse and easy to use.

Lightning Bitcoin Community

LBTC funs published LBTC ecological construction plan. Join the discussion!

LBTC airdrop on BtcTrade

To celebrate the openings of LBTC deposits on the second exchange, Lightning Bitcoin and BtcTrade jointly organised an airdrop!

200,000 CNY of LBTC is waiting for you!

Airdrop timeframe will last till May 5th. Read details

Interview with ACEInsight

April 20th, Jack Zhang was interviewed by ACEInsight, talking about “how to solve the transaction speed and efficiency problem of Bitcoin”. They discussed the current market situation, price fluctuation problem. Jack shared his insights about his “investment strategy under the blockchain bubble”, “what is the regulatory posture of the governments”, and “how does LBTC restore the original intention of decentralization”. Article

China Venture Conference

April 25, Jack Zhang attended The 12th China Venture Investment Conference Annual Cummit. The annual meeting was hosted by the CVInfo and ChinaVenture.cn, and co-hosted by CVCapital in Shanghai. Private equity investors, industry experts, government representatives and innovative leaders of frontier companies met together at this conference. Based on the theme of “Power of value” , they explored the new pattern, opportunities and challenges of the investment industry.

Jack Zhang gave an presentation of “block chain investment logic”. The application and exploration of domestic blockchain is still in the early stage. In China, there have been many giant companies distributing blockchain projects, as well as blockchain company, such as Bitmain, Huobi and so on, but more companies are small that the technology is not mature and the direction is not clear. Article

Interviewed to Lianjin

April 25th, Jack Zhang accepted the exclusive interview of Lianjing Finance about LBTC. He introduced specifically “what LBTC is” and “what problems LBTC solves”, and gave a detailed solution to the DPoS mechanism of LBTC which is based on UTXO.

The moderator asked a series of questions about super node election campaign. She also asked Jack’s opinion about the EOS block producer election. Jack Zhang responded: “EOS has only 21 nodes, which is not enough. It’s very easy to be manipulated. The amount of LBTC node is more reasonable.” Article