Ninjastic
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Board Announcements (Altcoins)
[ANN] LIBERTYCOIN - MN - POS - ATOMIC SWAPS - 5K MN COLLATERAL
by
Cheena
on 03/06/2018, 17:42:00 UTC

Liber†y Coin

Liberty coin is a new cryptocurrency that has three main facets of utility. First, Liberty enables atomic swaps, which is a fancy way of saying that it enables changing from one currency to another currency.

Atomic swaps will be the foundation upon which the Liberty team builds out additional features that drive demand and make it a relevant and easy option for the billions of people that have never used crypto to get their veritable feet wet through mobile engagement.

More details will be fleshed out in our whitepaper but suffice it to say that Liberty coin will be negotiating with payment processors to enable fiat to crypto purchases through our mobile applications.

 Secondly, Liberty provides a means for passive income through both coin staking and servicenode ownership. Liberty was created to have a finite, steady release of newly minted coins to ensure that the coin is valuable due to demand and limited availability. In other words, Liberty was created to provide you, the community, with an investment that will stand the test of time. Lastly, Liberty will be listed on popular centralized exchanges to provide an additional means for investment and revenue generation.


 Liberty Coin Specs
- Atomic Swaps / Decentralized Exchange
- Proof Of Stake
- Algorithm: Quark
- Block Reward: 1 LBRT
- Masternode Collateral: 5,000 LBRT
- Reward Allotment: 30% Stake, 70% Masternode
- Source: https://github.com/binarysculptor/libertycoin

  Reward Breakdown :

Code:
// Reduce Reward starting year 1
    if (nHeight == 0) {
        nSubsidy = 1250000 * COIN; }
    /* TBD/Review servicenode returns before changing
    } else if (nHeight < 525600 && nHeight > 0) {
    nSubsidy = 1 * COIN;
    } else if (nHeight <= 1051200 && nHeight >= 525600) {
    nSubsidy = 0.75 * COIN;
    } else if (nHeight <= 1576800 && nHeight >= 1051201) {
    nSubsidy = 0.50 * COIN;
    } else if (nHeight >= 1576801) {
    nSubsidy = 0.25 * COIN;
    } */ else {
        nSubsidy = 1 * COIN;
    }