Libre is a decentralized, eco-friendly blockchain sidechain focused on making Bitcoin and Tether fast, secure, scalable, and easy to use, with zero transaction fees. More
| Fully Diluted Valuation | $1.29M |
|---|---|
| 24H Trading Volume | $27,570 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 3.19B |
| Total Supply | 3.19B |
| Max Supply | 10.00B |
| Categories | Smart Contract Platform 2 more |
|---|---|
| Founder | Anonymous |
| Website | dashboard.libre.org Whitepaper |
| Socials | |
| Explorer | Antelope 1 more |
| Name | Pair | OG Score |
|---|
Libre is a new blockchain project designed to make Bitcoin and Tether fast, secure, and easy to use. Launched in El Salvador in 2021, Libre aims to bridge the gap between traditional finance and the decentralized world by providing a user-friendly platform with no transaction fees and simple interfaces.
Key Features of Libre
Decentralization and Accessibility
Libre operates as a fully decentralized network with no central authority or gatekeepers. This structure ensures that users can transact freely without the burden of high fees or restrictions. Accounts are free to create, and you don't need to buy tokens to start using the platform.
User-Friendly Design
One of Libre's main goals is to enhance user experience. It features simple usernames instead of complex wallet addresses, making it easier for anyone to use. The platform also offers straightforward inter-chain connectivity, allowing seamless access to Bitcoin and Tether.
Eco-Friendly Approach
Libre is promoted as one of the most eco-friendly blockchains, with low energy usage per transaction. This makes it a sustainable choice for users concerned about the environmental impact of blockchain technology.
Delegated Proof-of-Stake
Libre utilizes a delegated proof-of-stake (DPoS) consensus mechanism, which allows users to stake their LIBRE tokens and participate in network governance. Validators are elected to process transactions, ensuring the network remains secure and efficient.
Integration with Bitcoin and Tether
The platform allows for easy wrapping of assets and provides simple on-and-off ramps to Bitcoin via the Lightning Network. Users can send and receive ordinals (a type of Bitcoin-based asset) without needing permission, enhancing usability.
Community-Driven Development
Libre is built by a global team of developers and enthusiasts from various countries, including the USA, Italy, and Costa Rica. This collective effort fosters innovation and ensures that the platform continues to evolve based on user needs.
Governance and Token Distribution
The LIBRE token is essential for the network's governance. Token holders can participate in decision-making through a Decentralized Autonomous Organization (DAO). The distribution process started with an airdrop, and tokens can be earned through staking and validator rewards.
Conclusion
Libre is positioned to make cryptocurrency accessible and user-friendly for everyone. With its focus on decentralization, sustainability, and ease of use, Libre is paving the way for broader adoption of Bitcoin and Tether while empowering users to take control of their financial transactions.
Libre stands out for its unique combination of decentralization, eco-friendliness, and user-friendly design, offering zero transaction fees and simple usernames instead of complex addresses, making Bitcoin and Tether accessible to everyone.
Libre was developed by a collaborative team of developers and Bitcoin enthusiasts from various countries, including Costa Rica, Panama, the USA, Italy, and several others, ensuring a diverse and innovative foundation for the project.
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