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Spiderbyte
SPB Rank 2356 Rank 2356

$0.005966 (-15.18%)
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$0.005966 (-15.18%)
1h-0.07%
24h-15.18%
Week-17.18%
Month-21.72%
Year+11.05%
0.00000175 ETH (-16.5%)
0.00000010 BTC (-17.5%)
$0.005910 24h Range $0.007088

SPB Metrics

Metrics
Market Cap
? USD
All Time High
$438.96 11 Feb 22 % to ATH (7 353 624.20%)
Volume (24h) Rank 9460
$10.83 0.000175 BTC
Vol / M Cap (24h)
%
Circulating Supply
2 752 341 Total:2 752 341 Max: 4 000 000

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About Spiderbyte

Spiderbyte was formerly known as Litecoin Plus. It began as Scrypt PoS 221,400 coins and 15% Annual Stake, and its name was Spiderbyte (SPB). It has not started via an ICO (Initial Coin Offering). It was originally written as Proof of Stake coin exercise. "Proof of stake" (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus.

Proof of Work was added back in 2018 with a block reward starting at 2 LCP and reducing by .25 LCP every 200,000 blocks until it reached .5 LCP. It is now controlled dynamically, and reward is reduced every so often to avoid creating all remaining coins too early. Also the PoS % is controlled dynamically.

With introduction of PALADIN-51 system in early 2020, several blockchain parameters may be adjusted dynamically, by community vote, to sustain even more the growth of Litecoin Plus. This is to reduce the number of mandatory software upgrades.

On April 22nd, 2022, PALADIN Software Development Pte. Ltd. was officially established. The coin is ongoing re-branding into SpiderByte. The company is incorporated in Singapore, and is devoted to develop and support SpiderByte for life !

Spiderbyte [SPB] is a token without its own blockchain. The most actual price for one Spiderbyte [SPB] is $0.005966. Spiderbyte is listed on 1 exchanges with a sum of 3 active markets. The 24h volume of [SPB] is $10.83, while the Spiderbyte market cap is $16 420.00 which ranks it as #2356 of all cryptocurrencies. You can find more information about Spiderbyte [SPB] on spiderbyte.co

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Spiderbyte Basics

Development status
Org. Structure Decentralized
Open SourceYes
Consensus Mechanism Proof of Work & Proof of Stake
Algorithm Scrypt
Hardware wallet No
Started 7 May 2014
over 10 years ago
Website
Source code
Asset typeCoin
Explorers (2)

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