Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
by
dogsAloud
on 05/11/2014, 00:06:49 UTC
@bitfreak!  LTBcoins are a Counterparty asset that Adam Levine created several months ago that he now uses to run his network on.  Individuals earn LTBcoins for participation in and contributions to the LTB network and the coins are issued on a regular schedule based on a formula that uses various statistics they collect on their site.  There are different tokens that LTBcoins can be auctioned and/or traded for, such as SPONSOR (for a 1 minute audio ad during a podcast), LTBDISPLAY (for a front page display ad), and HOURCONSULT (for a one hour Skype consultation with Adam).  There is also a market where LTBcoins can be purchased for bitcoin so that those that have LTBcoins they don't need can sell them to those that do.  Sometimes the SPONSOR tokens, etc. may also become available for purchase directly with bitcoin if someone aquires one and then decides to sell it or auction it.

To make use of these assets you simply need to create a free Counterparty wallet at https://counterwallet.io.  You will need some bitcoin dust in your wallet in order to spend any Counterparty assets, so keep that in mind.

Here is the link to the LTB page that explains sponsorships, etc.:

     http://letstalkbitcoin.com/blog/post/sponsor-advertise-contest

You and Arthur Falls did an excellent job on the Beyond Bitcoin podcast awhile back, but I think it is also worth pursuing an interview on the flagship program with Adam Levine, Stephanie Murphy, and Andreas Antonopoulos, although I honestly don't know how difficult that is at this point.  It would be especially useful, IMO, to have Andreas Atonopoulos participate in that interview because of his technical skills and his ability to explain technical subjects to a wide audience.  Also, simply because of his considerable reputation in the bitcoin community, if Mr. Antonopoulos speaks favorably regarding the technical merits of cryptonite that could be a huge boost.