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LBRY Credits Basics
Rank
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2085
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Status
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Active
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Asset Type:
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Coin
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Website:
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https://lbry.io/
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Explorer:
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https://explorer.lbry.io/
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Wallet:
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https://github.com/lbryio/lbry-app/releases
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Announcement:
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https://bitcointalk.org/index.php?topic=1541268.0
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Description:
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LBRY is a protocol that allows artists to upload their content to a network of hosts and set a price per stream or download or give it away for free.
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LBRY Credits Technical
Source Code:
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https://github.com/lbryio
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Mineable:
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Yes
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Consensus Method:
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PoW
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Algorithm:
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LBRY
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Block Reward:
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See Reward Information
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Reward Information:
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Block rewards increase every 100 blocks by 1 LBC, peak at 500, and decline slowly.
The first stage goes from block 1 to block 5100 and will take roughly 9 days. Every block in this stage has a reward of 1 credit. This is the testing stage, to ensure that there are no glaring problems with the blockchain.
The second stage is the ramp-up. It goes from block 5101 to block 55000 (roughly 3 months of mining). During this stage, the block reward increases linearly from 2 to 500. 500 is the largest block reward available.
The final stage is the "normal" mining stage. From block 55001 onward, the block reward decreases logarithmically over the course of 20 years.
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Block Time (sec):
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150
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Premine:
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400,000,000
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Genesis Date:
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July 05 2016
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Maximum Supply:
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1,083,202,000 LBC
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LBRY Credits Blockchain Data
Updated:
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Sat, 15 Dec 2018 01:06:18
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Circulating Supply:
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211,406,885
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LBRY Credits Social
Twitter
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https://twitter.com/lbryio
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Reddit
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https://reddit.com/r/lbry
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Telegram
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https://t.me/lbryofficial
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Discord
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https://chat.lbry.io/
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Blog
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https://lbry.io/news
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