Question 1

What is Libya Blockchain Network (LBN)?

Accepted Answer

LBN is an open blockchain network as an initiative designed to contribute to the digital transformation and innovation in Libya’s public and private sectors. Built as an EVM (Ethereum Virtual Machine) compatible blockchain, it supports the creation and execution of smart contracts, enabling decentralized applications (dApps) to run on the network.

Question 2

What does it mean that LBN is an EVM chain?

Accepted Answer

Being an EVM chain means that LBN operates on the same principles and architecture as Ethereum network, allowing developers to deploy Ethereum-based smart contracts and dApps directly onto the LBN network without modification. This compatibility ensures seamless integration with existing Ethereum tools, SDKs, wallets, and infrastructure.

Question 3

How does LBN, and EVM  work?

Accepted Answer

LBN being EVM compatible makes it uses same underlying blockchain technology to create a decentralized, secure, and transparent ledger of transactions. It employs smart contracts in the Solidity language to automate processes and enforce rules without the need for intermediaries. The network's consensus mechanism, validators, and nodes work together to maintain the integrity and security of the blockchain.

Question 4

What are some of the initial use cases that will be launched on LBN?

Accepted Answer

LBN is meant to be a launchpad for innovative projects so this will be left to the businesses and entrepreneurs to launch their ideas and concepts. However, some of the use cases that we expect to see built on the network include, national digital identity, tokenizations of assets, rewards systems, land registry, and portable and verifiable electronic health records. In order to show some of the possible use cases, we have implemented a proof of concept for two use cases; fuel subsidy distribution and mobile driving license and we are working with one of our strategic partners on a use case for verifiable health certificates that will come soon.

Question 5

What is the symbolic breakdown of the LBN logo?

Accepted Answer

LBN logo is made of three elements: a small circle, a large circle, and a vertical rounded rectangle.
The two Circles represent the openness of the network to all types of users
  • The small circle represents the individual — the citizen, entrepreneur, and small businesses.
  • The large circle symbolizes the collective — the nation, institutions, or the broader public.
The Vertical Rounded Rectangle suggests stability, integrity, and structure much like the immutability of a blockchain ledger.

The Shape as a Whole is a Stylized “A”, which stands for:
  • Access: universal access to digital services.
  • Accountability: every transaction is auditable.
  • Authenticity: verified digital identities and assets.
  • Advancement: a move towards a tech-forward nation.

Question 6

What is LBN Ghadames Testnet?

Accepted Answer

The LBN Ghadames Testnet is a testing environment that mirrors the functionality of the main network. Developers and users can experiment with new applications, smart contracts, and features in a risk-free environment before deploying them on the mainnet. The Testnet uses test tokens, which have no real-world value, allowing for safe experimentation.

Question 7

How to connect to Ghadames testnet?

Accepted Answer

Being an EVM compatible chain you can use any wallet like MetaMask and add a new custom network using the setting in this picture

https://static.wixstatic.com/media/aee01d_f24472cce92e4b11b494b6d21a9be178~mv2.png

Question 8

How to obtain LBN chain testnet token for testing?

Accepted Answer

To obtain LBN testnet token you can click on the Faucet button at the top of the page or visit the faucet link (https://faucet.lbnchain.com)(https://faucet.lbnchain.com), then enter the wallet address and click on request LBN Token. Once transaction is successful, 0.1 LBN will be sent to the provided wallet address. You can request multiple times but faucet might get rate limited.

https://static.wixstatic.com/media/aee01d_139d8bb8caff4ea28fddb895ff332549~mv2.png

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