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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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26370376 No.26370376 [Reply] [Original]

Let's have a nice discussion about LTO. Who's staking? Who's leasing? Price Predictions. Whatever.

LTO Network is a hybrid blockchain focused on business. It’s the backend platform for any system or application to integrate with. The unique architecture makes it GDPR compliant and extremely scalable.

Usecases vary from:
- Anchoring existing systems for data integrity
- exchanging data on processes that run between organizations in an efficient and secure way
- and soon digital identification of individuals and your companies when doing business online.(defi for business)

With a focus on partners that build domain specific applications, like in education, healthcare, and the government. Those partners sell their applications to B2C, B2B, but also Government2Citizen.

>50% circ. supply staked. Staking rewards paid by clients.
>Deflationary supply. 0.1 LTO burn each transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
LTO recently just released the technical roadmap with a lot of exciting things such as:
* More details around LTO Network 3.0
* DID (Decentralized Identity) solution for businesses (business passports)
* A lot of Major partnerships with both crypto projects as well as traditional corporates and companies
* Even more use cases going live in 2021

Links:
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>Twitter:
https://twitter.com/Theltonetwork (new one)
https://twitter.com/ltoxvidt
>Blog
https://blog.ltonetwork.com
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

>> No.26370609

Leaving for mars soon, hop on lads

>> No.26370695

>>26370609
smells like curry in here

>> No.26370729

0.2 stablecoin

Sold it today for some FAST gains

>> No.26370925

hhahahaha the scam has been exposed. the scam is dumping. this curry reeking coin does nothing; it is vapiourware. Only Indian Kashmir fools buy this coin ahhah. Look at the chartm it is dumping. And the shill Indians continue to shill it here. be gone scammer. Additionally, the scammers of LTO have allied themselves with the VIDT scammers. Birds of a feather flock together. Do not buy this coin.

>> No.26370962

>>26370376
yeh nah, im sticking with $RBC RUBIC FOR LIFE

>> No.26370996

>>26370729
>fast gains
>stablecoin

just stake it, negro

>> No.26371067

Im in. LTO is a dope project. It will have consistent gains. Crazy low mcap for what it is.

>> No.26371291

Which node should I lease my tokens to if I want compounding rewards? Should I just use the "LTO Node" one?

>> No.26371377

>>26371291
I'm on the Phoenix nest node, I just started leasing yesterday

>> No.26371443

>>26371291
But sadly the Phoenix nest doesn't auto compound

>> No.26371637

>>26371291
i went with blackturtle node but no automatic compounding, leasing 100k, my goal is to get to 150 or 200k

>> No.26371720
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26371720

Autocompound is if you stake yourself, host your own server and node. Leasing is delegating your LTO to another node so they stake for you, but it stays in your wallet and is safe

>> No.26371774

>>26370695
>>26370925
These have been posted so many times in every general, it is now the official LTO copypasta

>> No.26371895

>>26371291
I'm leasing to LTO Node, but it doesn't automatically compound. Debating on converting the LCX I bought into like a fool so I can have a larger return per week, but I've been burned by hasty trades too many times. Feels bad

>> No.26371894
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26371894

New announcement my guys. An Asian enterprise blockchain. I think the idea is to have the LTO cross chain decentralized identities on it, to expand into Asia. I'm guessing that the chainlink smart oracle will make it cross chain compatible, not to familiar with that tho.

>> No.26371941

>>26371894
so we have, what? ~6 months to accumulate before major lift off?

>> No.26371944
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26371944

>>26371774
Rubic discord fags, best left ignored

>> No.26372047

btw total tokens leased is now up to 128 million. supply on exchanges is dropping at a time when volume is picking up, and when btc had a stroke yesterday LTO held at 18c which was pretty impressive and now back up over .22. I actually hope this doesn't go parabolic i like that there is consolidation each time it moves higher, but with supply dropping it wont take much to have this thing moon quickly

>> No.26372107

>>26372047
so I should just take the loss with my LCX and convert it to stake now?

>> No.26372110
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26372110

>>26371941
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."

They found demand and have clients / use cases ready for the digital id's and focusing hard on it. I'd like to discuss the implications of this. As for when moon, looks like we're following the alts and market but as the adoption picks up we should decouple nicely.

>> No.26372113

>>26371944
Checked and fuckin based. Too bad I got a smelly pajeet ID this time. See yall in the next thread.

>> No.26372148

>>26371944
it's another anon who is accumulating, think about it. forced fud

wagmi

>> No.26372248

>>26371774
bullish af

>> No.26372257

10k enough for staking?

>> No.26372292

>>26372257
Leasing, yes. Staking, no.

you can lease any amount, anon

>> No.26372406

>>26372110
What are your predictions for DIDs rolling out?
Assuming COVID is here to stay, what do you think the impact of this is: https://blog.ltonetwork.com/corona-safety-indicator-sensors/

>> No.26372466

>>26372107
i don't follow LCX so don't know what to tell you, but i'll say this, i bought ethlend back in 2017 when i saw the huge potential of defi and what they were trying to do. Then when there was the bear market my ethlend went from .30 cents to sub .01cent. Held on, and it brought my whole trading account back to life, one of the best performing coins in 2020 and changed its name to aave. But i sold all of that and all of my BTC and put it into LTO, what i see these guys doing, the real world use cases, the coming growth, the community growing, the investment they put into making working programs then placing it on github to allow others to adopt, the real payouts they have on leasing and the deflationary token burn, to me personally this is the best project i could personally find with the biggest upside potential.

>> No.26372641

The forced and low IQ copy pasta fud is bullllish. People are trying to accoomulate. Desperate and lame attempts at fuding the price down.

>> No.26372713
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26372713

"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 e.g. while retaining the GDPR compliance aspect."

Sounds like it could be big, I've mainly used KYC for exchanges and it's a pain in the ass. Governments want to issue IDs too but people are scared about centralized servers. Blockchain would solve the issue and considering LTO's ties with Dutch gov and perhaps some small ties with EU gov bodies, there's definitely use cases ready.

>> No.26372735

HAHAHA you thought you lost me ?! I bought this dip and i'm back

>> No.26372771

bought 9k last night at 20c, this and prq are so comfy bros.

>> No.26372987
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26372987

Back at 700 sats, I reckon the 3rd time we test 750 sats we'll break it hard

>> No.26373920

16k stack leasing on LTO Node so far. Feels comfy. I hope the $6-$11 eoy price predictions comes true bros.

>> No.26373962

>>26372771
very comfy
my entire portfolio consists of these 2
wagmi

>> No.26374143
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26374143

DREP seems to be kind of a big deal

>> No.26374206

>>26370925
This is good fud vocab b'c when you read it from the moon it all makes sense

>> No.26374337
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26374337

>>26372466
checked WAGMI

>> No.26374421

OOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.26374532

>>26370376
This is the comfiest in years

>> No.26374797

Holy shit look at the order book on Binance USDT pair

>> No.26374873

>>26374797
the 24hr volume has been swelling

>> No.26374991

What is suicide stack? I have 1100 (previously 300LTO fren)

>> No.26375441
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26375441

>>26374991
5 or 10k
>>26372406
This project seems like it's more focused around VIDT verification, with LTO used for additional anchoring.

>> No.26375641
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26375641

>>26374797
>>26374873

>> No.26375818

>>26371291
Stakely is the only major one that does. On the flip side you need a Telegram account to manually interact with the bot and withdraw rather than receive a weekly transfer. But that's inevitable as to be able to compound the tokens have to stay on the node so they can be leased back

>> No.26376209
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26376209

>>26374143
Nice capitol, I think they'll work well together

>> No.26376405
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26376405

Some info about live contracts:

LTO uses a different kind of smart contract, a live contract. This allows for business users like an IT admin or a secretary to directly deliver input to the blockchain. It also allows other users to validate and reject data.
This flexibility is unique for LTO and makes it perfectly suited for real life use

>> No.26376731
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26376731

What are you frens doing this weekend?

sitting comfy here at home and watching lto chart

>> No.26376891

>>26376731
Coding, gaming and sleeping :)

>> No.26377051

>>26376891
nice anon. i'm working on a messenger clone using vuejs and socket.io :)

what are you coding?

>> No.26377108

Can I make it with 2000 LTO?

>> No.26377137

>>26377108
how does 10000 usd eoy sound anon

>> No.26377179

I swooped up 15k LTO on the dip yesterday, feels fucking good man

>> No.26377203

>>26377051
Developing an API for a food distribution company using node.js and AWS. Front end with NEXT.js

It's pretty awesome and involved just wish I was getting paid more lol

>> No.26377334

what are eoy price predictions?
i think a conservative reasonable estimate would be anywhere from $5 to $6. And if we go into a stupid alt coin bubble like in 2017 then im thinking 25 to $30.

>> No.26377391

Had my eye on LTO for a while but I missed the dip. Saw the 24 hr volume just now and swapped some ETH for 5k. Hope it pays off.

>> No.26377463
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26377463

>>26376731
Might go ice skating

>> No.26377647

>>26377391
LTO is definitely undervalued.

>> No.26378409

Are there any Android wallets that support LTO? The actual LTO network not the ERC token. Feeling uneasy at the thought of having my private key in my browser cache.