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Liberty

Liberty Coin, LLC, is a truly unique cryptocurrency and being a legally recognized business in the United States is only the tip of this veritable iceberg. That said, before going into our awesomeness, let's talk about history for a moment: After our initial launch in June of 2018, it became almost immediately obvious that we had missed the mark and failed to deliver a whitepaper and vision that captivated our target audience. The following weeks on exchange were nothing short of abysmal and thus, we knew that a "redo" was in order". After copious time invested in research and development, a decision was made to move forward with a privacy coin that would protect the anonymity of Liberty citizens. To that same end, we have also been working diligently on an iOS app that should be ready for Apple Store submission within a matter of weeks. Our goal at Liberty Coin is to make crypto-commerce so easy your Grandma can do it and also enable powerful features that make it suitable for for point-of-sale transactions (even when they don't know each other and desire to keep their true identities secret).

Specifications :

  • Proof of Stake
  • Masternodes (Tiers will be introduced in Q1 2019)
  • Privacy coin features via Zerocoin (Version 2)
  • First coin to use masternodes working together with mobile device to enable true mobile-staking (Q2-3 2019)
  • Always fast, 60 second block times
  • SwiftX features allows near intantaneous, confirmed transactions for point-of-sale situations
  • Town Hall for voting on community projects and initiatives

Mainnet Ports :

  • P2P 10417
  • RPC 10416

Testnet Ports :

  • P2P 20417
  • RPC 20416

Payout Schedule

Was XLIBz Staked Masternode Staker
False 75% 25%
True 65% 35%
  • Privacy coins (XLIBz) must be rounded to the nearest whole number so these numbers may not always be 100% mathematically correct. However, we want to encourage users to stake their privacy coins so we will round up to the nearest whole number if at all possible.

Block Reward Schedule

Start Height End Height Block Reward
0 0 22.5M XLIB
1 74 40 XLIB
75 149 10 XLIB
150 299 30 XLIB
300 449 40 XLIB
450 7,199 50 XLIB
7,200 14,399 1,000 XLIB
14,400 21,599 2,000 XLIB
21,600 28,799 3,000 XLIB
28,800 35,999 4,000 XLIB
36,000 43,199 5,000 XLIB
43,200 50,399 4,000 XLIB
50,400 57,599 3,000 XLIB
57,600 64,799 2,000 XLIB
64,800 71,999 1,000 XLIB
72,000 172,799 500 XLIB
172,800 345,599 750 XLIB
345,600 999,999 1,000 XLIB
1,000,000 24,999,999 750 XLIB
25,000,000 49,999,999 500 XLIB
50,000,000 MAX SUPPLY 1,000 XLIB

*Max Supply is 9,999,999,999 XLIB

Premine Allocation

The premine for Liberty coin (XLIB) was 22.5 million coins.

The previous generation of Liberty Coin (LBRT) ended at block 242,943. At that block there was approximately 1.7 million coins in circulation. The new generation of Liberty Coin offered at 1 LBRT -> 10 XLIB swap to the new chain.

LBRT Coins XLIB Coins Premine Remainder
1,700,000 17,000,000 22.5M - 17M = 5.5M XLIB

Thus, if every single owner of LBRT coins claimed their XLIB coins before the December 15, 2018 deadline, there would be be a balance of 5.5 million coins. Instead of burning these coins, however, the Liberty Coin team will offer an additional, limited-supply aidrop to all Bitcoin HODLers that have at least 1 BTC in their account at a snapshot block to be announced. why would we do this? Simple! We want the world to know about Liberty Coin and how much more it brings to the table! This will be a first come, first serve registration airdrop and we'll announce more details AFTER we have completed the initial swap process for our LBRT -> XLIB transition. In the meantime, saavy investors can purchse XLIB coins from CryptoBridge, the only offical exchange for Liberty Coin, LLC.