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

/biz/ - Business & Finance


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28255356 No.28255356 [Reply] [Original]

/LNG/ LTO NETWORK GENERAL
LIQUID TASK ORCHESTRATION

LTO Network is a hybrid blockchain with two layers that operate independently. The private chain facilitates automated live contracts between private networks; the public layer is optimized for "anchoring" and sharing information on an immutable decentralized ledger.


---SUMMARY---


USE CASE:
>scaleable inter-agency data sharing consortiums


FUNDAMENTALS:
>~100k Tx/day (rising)
>99.9% Tx's from actual usage
>used by United Nations (land registry in Afghanistan)
>used by Dutch gov
>GDPR compliant


TOKENOMICS:
>50% circ. supply already staked
>deflationary: 0.1 LTO burn/Tx
>unique "LPoI" network economics incentivizes clients to buy, stake LTO
>100% of staking dividends derived from network fees


---WATCH---

>LTO in 1.5min:
https://www.youtube.com/watch?v=Obj9GhhgE8M
>3 min:
https://www.youtube.com/watch?v=F4B5w0j4IQQ&feature=emb_logo
>30min:
https://www.youtube.com/watch?v=zMa4HwgoeMI


---READ---

>GENERAL PROFILE:
https://upblock.io/research/LTO%20Network
>WHITE PAPER:
https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf
>/BIZ/ PASTEBIN:
https://pastebin.com/D5ETj3Ks
>TOKENOMICS FAQ:
https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/
>ARTICLE: "An Obj. Look at LTO"
https://blog.goodaudience.com/an-objective-look-at-lto-networks-token-demand-8ce15e658c2b?gi=eb25d30c38d1
>ARTICLE: "LPoI":
https://medium.com/@malexaffey/leased-proof-of-importance-separating-the-real-from-the-fake-bbf047a75f9a
>ARTICLE: "LTO's Valuation"
https://redphoenix7even.medium.com/this-is-not-a-comparison-of-which-network-is-better-or-worse-bcd04826ab7e


---TOOLS---

>STAKING WALLET:
https://wallet.lto.network/
>/BIZ/ NODE
https://xeno.finance
>LTO STATS:
https://lto.tools/
>CALC:
https://www.stakingrewards.com/earn/lto-network/calculate
>CALC 2
https://ltonode.com/roi-calculator/

>> No.28256216
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>> No.28256496

bros... i had a dream the site shutdown and lto was removed from every crypto site

>> No.28256834
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28256834

>makeIt stack reporting in

Too bad I'm out of FIAT, I already aped in 87.5% of it into crypto, I have to be bit realistic and have some fallback stack as well. Super comfy hold though, haven't felt this confident in a long time.

>> No.28256849

32c stablecoin

>> No.28257129
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>>28256216
I'm looking forward to the MA funds rolling out

>> No.28257160
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>>28256834
Now that I've established my make it stack I'm going to sit on it and see what happens...if we do get a nice dip I'm going to be directing more fiat into this. I would love a patrician 100k stack...

>> No.28257290
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>>28257129
Apex predator coin

>> No.28257421
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If pic related doesn't give value investors a fucking raging hard on, I don't know what would

>> No.28257512

>>28257421
https://twitter.com/TheLTONetwork/status/1359055940968996864
That, and we're about to enter normie consciousness

>> No.28257824

>>28257512
>join the Reddit army
Kek. I kinda wish we weren't at this stage...would love a whole year of stealth accumulation phase. But I think we're about to hit critical mass. /biz/ figured this out, and it bought us a precious window of a few weeks, maybe a couple months, to load up our bags.

>> No.28257846

Are leasing rewards paid in LTO tokens, ETH, or Fiat? I have a decent stack I want to lease, just want to know what I'm getting myself into.

>> No.28257906

>/biz/ node balance is 11,946,306.84!
Let's hit 12mil tonight!

>> No.28257915

>>28257824
I missed my opportunity to double my stack over the last few days and now I'm getting raped by gas fees if I want to do any swaps

>> No.28257986

>>28257846
LTO. And they aren't paid out from a treasury fund, nor are they minted. 100% of staking dividends are paid by clients of the network that have to obtain LTO on the open market, or otherwise fund their use of the network by themselves staking LTO.

>> No.28258012

>>28257846
paid in LTO. payouts depend on the node you lease to, but if you're not retarded and lease to the /biz/ node you'll get a payout every saturday. We're on our way to the #1 node

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>>28257915

>> No.28258110
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>>28258012
/biz/ literally owns 4.5% of the circulating supply, and is rapidly trending upward. Think about that.

>> No.28258367

>>28256496
Pls sirs sell your bags

>> No.28258424

>>28258012
The biz node seems based AF. I'm in.

>> No.28258520

>>28258424
the based admin pays 99% of staking dividends out (1% pays for expenses)

>> No.28258832
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>>28258110
feels good, WAGMI

>> No.28258992
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>>28257160
I kinda feel sad not having more, but on the other hand I should stop being ungrateful fucker because opportunities like this appear extremely rarely, let alone does anyone have $35k FIAT just lying around. I got super lucky that I by chance started visiting /biz/ literally like 2 and a half weeks ago (first time since early 2018.) and stumbled upon this gem while browsing archives on Warosu.

Final purchase was two days ago and I'm already almost 10k up from my initial investment and nothing even began yet. I literally have 0 worries about tossing in ~90% of my 3 year savings which I accumulated by living a frugal lifestyle. I pretty much entered the workforce when I stopped visiting biz and have returned now. Talk about lucky timing.

We are all so going to make it.

>> No.28259143

>>28258520
Lol damn, it costs $40 to transfer to the mainnet wallet from my wallet????

>> No.28259319

>>28258992
Also if you're looking for some other potential gems, I suggest you guys look into ROSE. My initial investment is 52.5% ROSE / 47.5% LTO

Not trying to shill it though, just truly believe it's also a moonshot and want to help you guys out. DYOR.

>> No.28259504

>>28258992
What is LTO
What is Rose
Quick project run down

>> No.28259530

>>28258992
Ya I got lucky too. I'm usually a /pol/ fag but came on here to watch the GME show. Randomly stumbled upon this and immediately recognized that this was something to look into...luck was involved in me bumping into this opportunity, but I also put in the time to do serious due diligence and then made a very, very aggressive move back at 23 cents.

>> No.28259594

>>28259504
>What is LTO
>Quick project run down
Read the fucking OP

>> No.28259994

>>28259504
Sorry I can't spoonfeed you because there are too many Pajeets lurking here and I noticed that few of them are entering 'official' communities and shitting them up already. You have to DYOR or browse through the archives.

Also, you're already in LTO thread so just go though it and previous threads.

>>28259530
Kinda same actually, I came here because of GME as well. I originally planned on just using bit of FIAT stack money (like 10% most) and play around and get suicide stack, but the more I got into LTO the more FOMO got to me and the more money I tossed into it (and ROSE) and now I'm 87.5% in crypto lol.

My first purchase was at 20 cents, average net cost is $0.238 which is decent enough considering I was trying to DCA before fully apeing in eventually because of it rising too high and quickly for DCA to be a viable option.

>> No.28261534

Bought in a while ago, one of the few cryptos that has genuine long term growth opportunity. It's used so widely already, and wildly undervalued - can see it hitting $1 fairly easily by EOY

>> No.28261831
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>> No.28262168

Also, can I transfer my LTO from my Coinbase wallet to the mainnet wallet as regular LTO and not as an ERC20 token?

>> No.28262327

>>28262168
Coinbase wallet? You mean Binance?

>> No.28262459

>>28262327
No I bought off Uniswap and have them in my Coinbase wallet (different from the Coinbase exchange).

>> No.28262563

>>28262459
Well if its ERC20 you can just use the bridge on the LTO staking wallet. You'll have to pay the ETH gas fees of course...

>> No.28262610

>>28262168
Yes, but I would transfer everything to metamask so no risk of goverment looking at your wallet

>> No.28262739

I unironically just messaged my findom cuck acquaintances in order to buy more LTO.

>> No.28262762

>>28262610
I suppose you could, if that's a concern. It'll cost you x2 the gas fees though, right? One transfer to metamask, then one to the bridge to LTO mainnet.

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>> No.28263756
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>>28258110
/biz/ LTO oligarchy when?

>> No.28263821
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>>28263756
We don't talk about that.

>> No.28263909
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>>28258992
based serbian ROSE anon, love seeing this guy's portfolio in every LTO thread lmao.

t. one of the many who has already dyor and chills on LTO threads all day with a comfy stack

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