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About Library Credit
# Library Credit (LBC) Description Library Credit (LBC) is a cryptocurrency designed to power the LBRY network, a decentralized content sharing and publishing platform that allows creators to distribute digital media directly to audiences without intermediaries. Key features include its use as both a payment mechanism for accessing content and a reward system for content creators, miners, and network participants, with a fixed supply cap that provides scarcity. What makes LBC unique is its integration with a blockchain-based naming system (similar to DNS) that enables users to claim and monetize digital content while maintaining censorship resistance and creator control over their work.