SpiderByte
1. Summary
- Description
-
SpiderByte is a decentralized cryptocurrency formerly known as Litecoin Plus. It offers both private and transparent transaction types.
SpiderByte is a decentralized cryptocurrency formerly known as Litecoin Plus. It offers both private and transparent transaction types.
Origin
It began as a Scrypt Proof of Stake (PoS) coin with 221,400 initial coins and a 15% annual stake. It was not created via an Initial Coin Offering (ICO).
Algorithm
SpiderByte uses a hybrid algorithm, initially only Proof of Stake and later adding Proof of Work in 2018. The block reward initially started at 2 LCP and reduced by 0.25 LCP every 200,000 blocks until it reached 0.5 LCP. Since then, the reward and PoS percentage are dynamically adjusted to avoid depletion of remaining coins.
PALADIN-51 System
In 2020, the PALADIN-51 system was introduced, allowing for dynamic changes to blockchain parameters through community votes. This helps reduce the need for mandatory software upgrades and supports further growth.
Re-branding
On April 22nd, 2022, PALADIN Software Development Pte. Ltd. was established, marking the re-branding of Litecoin Plus to SpiderByte. The company is based in Singapore and dedicated to the development and support of SpiderByte.
Features
SpiderByte supports both private and transparent transactions. It operates with a Proof of Stake algorithm that is not computing intensive, ensuring a sustainable future. The cryptocurrency is listed on various exchanges and supports multiple markets.
| Price | |
| 52W High price | $0.07 |
| 52W High date | 17th Jan 2023 (1 year ago) |
| All Time High (ATH) Date | 27th May 2024 (1 month ago) |
| All Time Low (ATL) Date | 27th May 2024 (1 month ago) |
| Supply & Trading Volume |
How does SpiderByte's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
7.2%
Similar Market Cap
We're monitoring 31 SpiderByte GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All SpiderByte Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 117
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 2 |
| Past year | 58 |
| Past week | 4 |
|---|---|
| Past 12 weeks | 4 |
| Past year | 17 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 10 |
| Past year | 12 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 9 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 8 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 4 |
Top Developers 2024
In total, 17 developers have contributed to SpiderByte over the past year. Who are the most active SpiderByte developers, by commits, over the past year?
Related Projects
Developers working on SpiderByte also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 1,444 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | http://lcp.altcoinwarz.com:3004/ |
|---|---|
| Explorer | http://lcp.altcoinwarz.com:3004/ |
| @Media_LCP | |
| /r/litecoinplus |
Has SpiderByte been audited for security?
No security audits found for this project.
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