Whitepaper

Dec 10, 2024 rev. 0.2

DISCLAIMER

Disclaimer: We do not guarantee success in recovering access to wallets and are not responsible for any financial losses related to the use of our service. Users are fully responsible for complying with their country's laws regarding cryptocurrencies and the services provided. This document is not for investment purposes and is provided solely for informational

Message to Users: We only attempt to recover lost wallets where the owners cannot regain access themselves. If you notice that we're mistakenly trying to access your wallet, please contact us. We will immediately remove your wallet from the recovery

Brief Introduction

Project Goal: To create a platform for collective recovery of access to lost Bitcoin wallets, facilitating the return of lost funds and fostering a community united by a shared purpose.

Project Description: The project focuses on recovering keys to lost Bitcoin wallets. We are building a platform that allows users to collaboratively participate in the recovery process for wallets lost for various reasons. This not only helps to restore access to funds but also unites people, creating a community oriented toward shared success.

To date, an estimated 3-4 million Bitcoins are considered lost. At the current exchange rate, this equates to $200-230 billion USD. These funds are thought to be irretrievably lost, but our goal is to increase the chances of recovery through collective efforts and modern technologies.

Project Mission

Mission: Reclaiming lost values by bringing people together through technological innovation and collective endeavour.

Selection process

In our LBW.plus project we pay special attention to the process of recovering keys to lost Bitcoin wallets. This process is carefully organised and includes several key steps aimed at increasing the likelihood of successful recovery.

1. Analysing raw data

In the first stage, we collect and analyse all available information about lost wallets. It includes:

• Analysing wallets

• Checking the wallet for movement of funds

• Other relevant information about wallet.

This step allows you to gather a base of wallets

2. Generation of possible passwords and key mask

Our system automatically generates possible key variants using state-of-the-art algorithms and matching methods. For this purpose we use:

• Brute-force methods

• Generation based on provided templates and data (during the search process at the user's request if the user can provide data).

• Issuing a private key mask consisting of random characters (the number of characters depends on halving), where the last characters are matched on the user's device. This is the basic matching method.

This approach allows to allocate computational resources and speed up the matching process.

3. Current focus on a specific wallet

At the moment, we are focused on finding the key to one particular wallet that is considered lost. This step serves as a starting point for optimising and testing our process.

In the near future, we plan to expand and perform key matches for a large number of missing wallets, covering a wider range of activities and increasing the chances of regaining access.

4. Distribution of tasks among participants

The key selection process is divided into tasks that are distributed among the participants of the LBW.plus platform. This allows:

• Parallelize the process and speed up the password verification process.

• Leverage the collective resource of users to improve overall productivity.

• Create a transparent system in which every participant contributes to a common cause.

5. Verification and validation

The generated passwords are automatically checked on the user's device for matching. In case of a successful match:

• Access to the wallet is verified on the service side.

• The wallet owner receives a notification that access has been restored.

• If the wallet is lost, the stage of reward distribution among users is started.

• The verification process is structured to ensure data security and exclude unauthorised access.

6. Remuneration of participants

Participants who contribute to the selection process receive rewards according to the platform's terms. The system automatically calculates each participant's contribution and distributes rewards fairly and transparently, specifically based on the percentage of tokens in the

Selection example

Private key:

71cbaac93dfaf977f64826fae6a1aea3c90f2834d0ac924d5a3fc95b58355781

Compressed wif:

L12uzzjTuta4Vrd7LZ87gyrGCx6sJqFSuz2jyH2oMXkg8K9jXvvL

Uncompressed wif:

5JgQLV2vDtZQuJb1XiGCwNVP2MBr1R5BQLGMA8FueH2jrLq5z52

BTC address:

1DJEtfpVR5SfqJVkBbU4LaER7PEx5rswcd

Halving

Users receive one LBW token for each key mask search. However, each year the complexity of the process increases along the Fibonacci sequence, which makes key matching more labour-intensive and reduces the number of tokens issued. This maintains a balance between the number of participants and the complexity of the task.

In case of high complexity, one key can be divided into parts and issued to several users. If the key is divided into two parts, each user will receive half of the token.

Complexity can be adjusted depending on market conditions and devices' capacity.

Difficulty table by year:

Discharge	The year	Fibonacci
2	2024	1
3	2025	1
4	2026	2
5	2027	3
6	2029	5
7	2032	8
8	2037	13
9	2045	21
10	2058	34

Roadmap

Roadmap 2024

March to April

MVP: Working application (Minimal viable product)

• Exploring and defining the main functions of the application.

• Development of a prototype application with key matching functionality.

• Testing the prototype and collecting feedback.

• API integration for capturing successfully matched keys.

May

Internal distribution of coins

• Testing and optimising the coin distribution process.

• Purpose of the internal wallet.

• Development of a halving scheme.

June

Monetisation (subscription, advertising)

• Analysing user experience

• Partnerships with advertisers

• Development of a subscription system

• Working out the monetisation system

July

Referral programme

• Development and launch of a referral programme to attract new users.

• Carrying out marketing activities and promoting the programme.

• Monitoring and analysing the effectiveness of the programme, making necessary adjustments.

August to September

Working out the logic of searching for a lost user's wallet

• Developing and launching a branding for the "Find your lost wallet" function.

• Integration of a mechanism for searching and recovering lost wallets.

• Ability to search for multiple lost wallets in parallel.

October

Updating the API and placing the app on marketplaces

• Statistics Update.

• Updating the calculations in the app.

• Releasing the app on Google Play.

• Releasing the app on App Store.

November

Listing analysis and smart contract

• LBW token issue on the TON blockchain.

• Listing Preparation.

• Limited listing of the coin on DeFi

December

Development strategy

• SDK for external applications.

• Work Plan 2025.

• Refactoring.

• Porting the application to WebApp.

• The release of core functions on the WebApp.

Roadmap 2025

January

Launching the main functions of the application

• Search for multiple wallets

• Subscription

• Profile

• Advanced statistics

February

Development of new application features

• Friends

• Tasks

• Find your wallet

• Advertising integrations

May

Exchange listing

Tokenomics

Main parameters of the token

Token name: Lost Bitcoin Wallet

Ticker: LBW Token

Type: TON Blockchain

Total number of tokens: 100,000,000,000,000

LBW Burning Mechanism: Not provided at the moment, but halving mechanism is used (details below).

Distribution of tokens

Team: 25%

Of the total allocated to the team (25% of 100,000,000,000,000):

• Investors: 40%

• Team (personally): 40%

• Infrastructure: 15%

• SMM: 45%

Users: 75%

Tokens for users are allocated solely through mining.

User participation

Mining: The main way for users to earn tokens.

Additional reward based on paid subscriptions and participation in SMM promotions and tasks.

Referral Programme:

• Level 1: 15%

• Level 2: 10%

• Level 3: 5%

Using tokens

Token Assignment:

The tokens reflect the percentage participation in the project.

If a reward purse is found, the reward is distributed among the participants in proportion to their shares.

Listing Platform: Currently available on DeFi.

Financial aspects

Use of Funds:

The team manages 100% of the total cash flow.

Out of that 100%:

• 40% is channelled to investors.

• 60% is used internally within the team:

• 30% personalised token redemption,

• 15% is for infrastructure,

• 25% is professional fees,

• 40% SMM.

Additional Aspects

Halving is a mechanism that reduces the reward for mining over time. Details will be clarified in subsequent phases.

Long-term strategy: Not yet defined.

Investments

At the moment we are considering the following investment options.

Income for investors is determined by interest from token turnover and money received from subscriptions and advertising.

Conclusion

LBW's tokenomics is structured to encourage user participation in mining, ensure transparent distribution of rewards and support sustainable project development. The focus is on a collective approach to recovering lost bitcoin wallets and building a cohesive community.

Legal Disclaimer: This document is published for community information only and is not an offer to buy or sell tokens. The plans mentioned may change depending on market conditions and other factors.