LBC

LBRY CreditsLBC

Rank #402
Coin
On 14,271 watchlists

Presyo ng LBRY Credits (LBC)

₱10.28
8.89%

0.000003359 BTC9.47%

0.00009109 ETH12.80%

Mababa:₱10.17
Mataas:₱11.60
24h
LBC  LBRY Credits LBCPrice: ₱10.28 8.89%
Market Cap
₱5,358,072,695
8.89%
Fully Diluted Market Cap
₱11,138,703,614
8.89%
Dami
24h
₱43,852,434
29.71%
Volume / Market Cap
0.008184
Umiikot na Supply
521,054,807 LBC
48%
Sagad na Supply
1,083,202,000
Kabuuang Supply
705,211,760

LBRY Credits Chart

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Live Data ng Presyo ng LBC

Ang presyo ng LBRY Credits ngayon ay ₱10.28 PHP na may 24 na oras na trading volume na ₱43,852,434 PHP. Ang LBRY Credits ay bumaba nang 8.89 sa nakalipas na 24 na oras. Ang kasalukuyang ranking ng CoinMarketCap ay #402, na may market cap na ₱5,358,072,695 PHP. Ito ay may circulating supply na 521,054,807 LBC (na) coin at na max. supply na 1,083,202,000 LBC (na) coins.

Ang mga nangungunang exchange para sa palitan ng LBRY Credits ay kasalukuyang Upbit, Bittrex, CoinEx, at Hotbit. Makikita mo ang iba pang nakalista sa aming crypto exchanges page.

What Is Library Credit (LBRY)?

Library Credit (LBRY) is a platform that seeks to simplify the way digital content is distributed and accessed by both consumers and producers.

Library Credit uses a decentralized model to be fair, free, and open to all the involved parties.

More specifically, the platform functions as a distributed network built on top of a protocol that makes it easy for publishers to charge a fee to content consumers without censorship or the need for a middleman.

The project was launched towards the end of 2018 and is now serving an active community.

Who Are the Founders of Library Credit?

Jeremy Kaufman created Library Credit as a content hosting platform without any central authority.

Aside from LBRY, Kaufman is also the founder of Topscore, a registry system for managing events and activities. He holds a degree certificate in physics and computer science from the Rensselaer Polytechnic Institute.

Another LBRY co-founder is Alex Grintsvayg. Before Library Credit, Grintsvayg designed and managed system architecture for SaaS companies. At LBRY, he is responsible for technological development and overseeing the firm's infrastructure growth.

Like Kaufman, Grintsvayg attended the Rensselaer Polytechnic Institute, from which he graduated with degrees in computer science and psychology.

Protocol engineer Lex Berezhny is responsible for the backend of crucial components such as the platform's wallets, protocol and blockchain.

Brannon King is a senior blockchain engineer at Library Credit. Before joining LBRY, Brannon created software in such languages as C++ and C#.

What Makes Library Credit Unique?

Library Credit uses the concept of a decentralized and distributed network (across several host computers) to build a content sharing crypto platform that offers a level playing field for all participants.

It specifically seeks to solve some of the major problems (such as censorship, abuses of user privacy, unfair revenue sharing formula) that affect corporations that offer similar services.

The revenue generated from content consumers’ activity is fully credited to publishers in their preferred payment method — whether in LBC (the native token) or through third-party processors.

Independent host providers can offer their computers’ processing power to earn a passive income on the platform. This mechanism is expected to make LBRY affordable and appealing to content creators.

Read more about Steem.

Find out more about Sapien.

Learn more about Web 3.0.

Take a look at the CoinMarketCap blog.

How Many Library Credit (LBC) Coins Are There in Circulation?

For the first 20 years of the project, one billion (1,000,000,000) LBC tokens are set to be in circulation. However, that figure will decrease gradually on an annual basis, with about a hundred thousand (100,000,000) for the first year.

Additional reduction of the total supply will be incurred through bonus credits reserved for giveaway events, strategically meant to create initial public awareness.

See the full token allocation details below:

  • 10% for partner organizations, charity firms and other strategic institutions. These include the EFF, ACLU and others with a strong reputation in advocating for digital rights, cybersecurity and the Internet's freedom.
  • 20% for awareness programs. This allocation will be freely distributed at the early stage of the project to drive adoption among users.
  • 10% for the team, to cover operational costs and team expenses (human capital management).
  • 60% to be earned by the community via various activities, such as LBC mining.

How Is Library Credit Network Secured?

The network is secured via an end-to-end encryption technology that combines a blockchain model and DHT (distributed hash tables) data structure for encoding and retrieving data in a peer-to-peer exchange.

Additionally, LBRY prioritizes each publisher's intellectual property rights by using a robust record management system.

Additional measures such as hash modification, infringement penalties (defined in the DMCA) and processes that make infringements prohibitively expensive are continuously implemented to prevent other illegal activities.

To further prohibit intellectual property infringement, users are subjected to laws such as the DMCA.

Where Can You Buy Library Credit (LBC)?

LBC tokens are a critical component of the LBRY network. As such, the platform cannot operate without sufficient liquidity.

At the time of writing, LBC is traded against different currency pairs on exchanges such as:

For more info on how to buy LBC and other cryptos, see additional explanations here.

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LBC

LBRY Credits

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PHP

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Istatistika ng Presyo ng LBC

LBRY Credits Presyo Ngayon
Presyo ng LBRY Credits₱10.28
Price Change24h₱-1.00
8.89%
24 na oras na Low / 24 na oras na High
₱10.17 /
₱11.60
Volume ng Pagte-trade24h₱43,852,433.58
29.71%
Volume / Market Cap0.008184
Dominance sa Market0.01%
Ranggo sa Merkado#402
Market Cap ng LBRY Credits
Market Cap₱5,358,072,695.01
8.89%
Fully Diluted Market Cap₱11,138,703,614.04
8.89%
LBRY Credits Presyo Kahapon
Low / High Kahapon
₱10.99 /
₱12.07
Pagbubukas / Pagsasara Kahapon
₱11.58 /
₱11.60
Pagbabago Kahapon

0.17%

Dami Kahapon₱57,512,359.61
LBRY Credits Kasaysayan ng Presyo
7 araw na Low / 7 araw na High
₱8.28 /
₱13.54
30 araw na Low / 30 araw na High
₱8.28 /
₱25.50
90 araw na Low / 90 araw na High
₱3.83 /
₱25.50
52 Linggong Low / 52 Linggong High
₱0.5599 /
₱25.50
Pinakamataas
Jul 14, 2016 (5 years ago)
₱121.55
91.54%
Pinakamababa
Mar 16, 2020 (a year ago)
₱0.248
4047.13%
ROI ng LBRY Credits

67.25%

LBRY Credits Panustos
Umiikot na Supply521,054,807 LBC
Kabuuang Supply705,211,760 LBC
Sagad na Supply1,083,202,000 LBC