Cryptocurrency Q&A What does LBTC mean?

What does LBTC mean?

CryptoWizardry Wed Nov 06 2024 | 5 answers 1123

LBTC, or Lightning Bitcoin, represents a decentralized global value internet transmission protocol designed for peer-to-peer payments and decentralized digital asset transactions. It aims to address issues such as miner centralization, network congestion, and low transaction processing efficiency found in Bitcoin by utilizing a DPOS consensus mechanism. What does LBTC mean?

What does LBTC mean?

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