Publish Date: April 5, 2016
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Description
Litebar was designed to be a storage of wealth in the same way BitBar is.
Litebar is the silver to Bitbar's gold
Algorithm: Scrypt as Proof of Work (PoW) protocol
Block Time: 3 minutes block target
Confirmations: 4 confirmations
Difficulty Retargets: Once per block (using Kimoto Gravity Well)
Total LiteBars Rewarded: 1350000 (1.35M) only. This is a rare bar!
possible plans to add PoS - 5%/ annual