Dear LBank users,
 
ALT (Alphabet) will be listed on LBank at 09:00 on April 26, 2023 (UTC). The details are as follows:
 
Trading Pair: ALT/USDT
Trading Zone: Innovation Zone
Start Deposit: 09:00 on April 25, 2023 (UTC)
Start Trading: 09:00 on April 26, 2023 (UTC)
Start Withdrawal: 09:00 on April 27, 2023 (UTC)
 
  • About ALT (Alphabet)
Alphabet (ALT) is a layer-1 blockchain network built to run smart contract-based applications which designed for fast, secure, and scalable.

Alphabet Network implements Ethereum Virtual Machine (EVM) which makes it possible to run Ethereum-based applications such as MetaMask, Hardhat, Remix, and all tools that support Ethereum bytecode.

The Alphabet Network uses IBFT 2.0 proof of authority consensus, with network validators being run by key stakeholders. IBFT 2.0 is over 99% more energy efficient than proof of work (PoW) networks.

Each block in IBFT 2.0 requires at least one round of voting by the validator to arrive at a consensus, which is recorded as a collection of signatures on the block content. In general, a supermajority of validators must confirm that a block is valid for the block to be added to the blockchain. A validator's voting power is proportional to the amount of stake they have locked up on the network. This means that validators with more stake will have more voting power and, therefore, more influence over the decision-making process on the network. IBFT 2.0 is over 99% more energy efficient than proof of work networks.
 
  • About ALT (Alphabet) Transaction Fee
Each transaction will be subject to an additional deduction of 5% on top of the LBank transaction fee, which will be used to return to the project team.
 
Telegram: https://t.me/alphabet_network
Docs: https://docs.alphabetnetwork.org/overview/alphabet-network
 
Website:

https://alphabetnetwork.org/

https://docs.alphabetnetwork.org/overview/alphabet-network

Blockchain browser:  https://bscscan.com/token/0xfe2f3580856376377c14e2287fa15bcb703e5fb5
Whitepaper: https://alphabetnetwork.org/whitepaper.pdf
 

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Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.