LBTC monthly report （March 2021）

Technical progress

The Lightning Bitcoin team continues to update and audit the basic code of the system and update key modules such as the official website, the block browser, the mobile wallet interface, and the wallet server in preparation for the upcoming Defi product launch.

Product development

The new LBTC wallet that supports DEFI and cross-chain has been developed 90%, the core transfer function module has been completed, in addition, the design and development of UI/ front end has been basically completed, the developers are carrying out code inspection and basic testing, and it is expected to be launched in mid-April.

Community information

On March 17, St.Patrick’s Day is a special festival in the European and American world. On that Day, LBTC and the community celebrate St.Patrick’s Day together and pray for good luck.

On March 22, LBTC released the first NFT work based on LBTC: Burning the Future, calling on the public to care about climate change, contribute to the sustainable development of human beings and reduce the use of fossil energy.

On 25 March, the LBTC2.0 roadmap was put into force, with the first phase focusing on cross-chain and smart gateway protocols, and the LBTC2.0 mapping token, ELBTC, is also under development. The developer will officially launch at the right time.

Team progress

LBTC has added a new community operation manager and a C++ language engineer to work on community building and technology.

on-chain data

on-chain addresses 77696

Average weekly growth address 14+

On-chain transfer days average 25785

block height 23,882,278

Total 7,465,926

Circulation 4962246.8125

Social media data

Weibo 20827

Wechat 3760

Twitter 4671

Telegram 3420