[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.27844962 [View]
File: 51 KB, 1280x722, 1611870886485.jpg [View same] [iqdb] [saucenao] [google]
27844962

>>27844866

https://www.youtube.com/watch?v=7mb6IlGVb_w
1:10:00
you can predict how much of the network you would use based on the current stats. If you stake the same amount, you don’t actually care what the token price would be. It’s just “buying into the system”. As long as the threshold is positive then they don’t care.

the only place where this could be a problem is when the token price is being pushed and the new integrators have to pay too much to start. But what we’re envisioning is if the price goes up that much, then the transaction fees will be brought down - in token price - so that will give overcapacity to the existing integrators, which will bring tokens onto the market, which will then stabilize that price.

Isn’t there a risk in integrators holding LTOs because of change in price?
If you’re an early adapter you pay less than yo
the earlier you join the lower the prices you’re going to pay to buy yourself into the network. The later you join, if the price goes up, the cost to join (to run net zero for your clients) is going to (probably, hopefully) up.

“The integrators have an interest in making the network grow, if it’s [the fees?] priced too high then no one else joins the network” (meaning you don’t want to price it too high)
Integrators have a positive interest to make other integrators grow

---

Another interesting thought is that if biz owns 99% of the tokens and never sells, and new businesses keep buying, then the price will get infinitely high and the transaction cost (per token) will get infinitely small

(2/2)

>> No.27704336 [View]
File: 51 KB, 1280x722, photo_2020-12-24_13-06-51.jpg [View same] [iqdb] [saucenao] [google]
27704336

>>27704125
better quality pic rel

Anonymity on the blockchain is a double edged sword.
It protects the identity of the user, but it also hinders businesses adoption.
DIDs (Decentralized Identity) and verifiable credentials help to replace anonymity with privacy, by connecting them to real world identities. LTO will be presenting a permission-less solution in 2021 that doesn’t rely on network appointed trusted parties to solve this problem.

The litepapers include the main focus of our technical development in the upcoming year which is DID and SSI(Self Sovereign Identity), we will explain about multiple topics such as associations and Wallet Integration e.g. This will be the foundation to create new products & services such as one-click KYC for businesses and Cross-chain associations e.g. while retaining the GDPR compliance aspect.


>>27704128
has nothing to do with el tio

>> No.26896756 [View]
File: 51 KB, 1280x722, roadmap.jpg [View same] [iqdb] [saucenao] [google]
26896756

>>26896587
found it, it was on the telegram

>> No.26799796 [View]
File: 51 KB, 1280x722, photo_2020-12-24_13-06-50.jpg [View same] [iqdb] [saucenao] [google]
26799796

>2021 roadmap

Anonymity on the blockchain is a double edged sword.
It protects the identity of the user, but it also hinders businesses adoption.
DIDs and verifiable credentials help to replace anonymity with privacy, by connecting them to real world identities.
LTO will be presenting a permissionless solution in 2021 that doesn’t rely on network appointed trusted parties to solve this problem.

The litepapers include the main focus of our technical development in the upcoming year which is DID(Decentralized Identity) and SSI(Self Sovereign Identity),
we will explain about multiple topics such as associations and Wallet Integration e.g.
This will be the foundation to create new products & services such as one-click KYC for businesses and Cross-chain associations,
while retaining the GDPR compliance aspect.

Find the litepapers at :
https://ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf
https://ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Tech.pdf

I think some of you anons are unaware of what you're holding.
LTO is high IQ company, they know where the money's at.

"We're working to become market leader when it comes to on-chain identities.
We see that there is a gap that we can fill.
There is no point for us to directly compete with Ethereum."

Navigation
View posts[+24][+48][+96]