Layer 2 represents a hard fork of Liberty, indicating that Liberty's developers have created a new version of the blockchain with updated rules. One notable change in Layer 2 is the implementation of a consensus mechanism known as proof-of-authority. This means that a select group of validator nodes is responsible for approving transactions, resulting in reduced time and energy consumption compared to other methods. Additionally, it significantly enhances transaction processing speed. In Layer 2, we distribute Liberty tokens to our community.
Standard disclaimer: Liberty Nodes and the Liberty Blockchain are governed by a Distributed Governance Framework (DGF), which is distinct from and not solely controlled by the Pioneer Development Group (PDG). Any value derived from Liberty Nodes and the LBRT Digital Rewards/Tokens is likely to be uncorrelated with the success or failure of Pioneer Development Group. PDG does not sell tokens or digital rewards. The Liberty Blockchain, which is governed by Liberty Node Owners, self-govern the distribution of LIBERTY Digital Rewards/Tokens. LBRT Digital Rewards are earned in exchange for work and action on the Liberty Blockchain. LBRT Digital Rewards are designed to have utility throughout the Liberty Ecosystem for the purchase of PDG’s products and services. The LBRT Digital Reward is not an investment product and may never have any value outside of the Liberty Ecosystem. Liberty Node Owners should not expect to recognize any value from the LBRT Digital Reward other than its utility within the Liberty Ecosystem. PDG does not anticipate correlation between the LBRT Digital Reward value and PDG’s business activities.