/LNG/ LTO NETWORK GENERAL

[Anonymous No.28459647]

/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 immuateable 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 Afganistan)
>used by Dutch gov
>GDPR compliant

TOKENOMICS:
>50% circ. supply already staked
>deflationary: 0.1 LTO burn/Tx
>unique "LPoS/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
>LITE PAPER
https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf
>WHITE PAPER:
https://ltonetwork.com/documents/LTO%20Network%20-%20Technical%20Paper.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/

[Anonymous No.28459700]

Previous threads:
>>27154819
>>27251069
>>27424821
>>27702946
>>27837476
>>28003739
>>28093735
>>28382591
>>28425111

[Anonymous No.28459738]

Schizo riddler thread:
>>/biz/thread/S27154819

[Anonymous No.28459925]

>>28459647
I have about $400 in ETH rn. Give me one reason why I should buy around 1.3K LTO at current price (gas fees at estimated $80 or less) when there are similar market cap projects with more hype right now. What’s the single biggest reason you can give, then I’ll consider?

[Anonymous No.28460052]

- Clients and integrators are incentivized to run their own node, buy LTO, and stake it; the staking rewards offset the network fees they pay for usage of the network -- "get paid for paying the bill" (Net-Zero)

- However, what is to stop a client from buying and staking far more LTO than they are actually paying in fees, thus decentralizing the network -- which could be fatal to the entire platform? Enter: "Leased Proof of Importance" (LPoI)

- LPoI disincentivizes clients from owning TOO MUCH LTO **because staking rewards diminish exponentially relative to their actual usage of the network**. LPoI rewards clients and integrators to own just the right amount of LTO relative to their usage of the network, which ensures that it remains decentralized.

- LPoI therefore enables the economics of NET ZERO to work without threatening to centralize the network. It is a sustainable, attractive economic model that is highly attractive to businesses.

- However, there is also an interesting logical outcome to the NET-ZERO model that LPoI enables: once businesses and integrators buy and stake LTO, that LTO can be effectively be considered to have been removed from the circulating supply...

- In other words, to the degree that the LTO network continues to expand and transactions grow exponentially, the basic laws of economics and common sense dictate that the available supply of LTO will be removed from the circulating supply in proportion to that network growth...

- Because there is an incentive to own enough LTO to be able to use the network on a NET-ZERO basis, the price will inevitably rise. Even at a double or triple digit token price, it will still make economic sense to buy enough to achieve Net-Zero, ESP SINCE CORPORATIONS CAN ADD THE LTO TO THEIR BALANCE SHEET, effectively making the purchase of LTO "Net-Zero" as well!

- In this late stage there will be only one primary source of LTO supply left...the remaining passive stakers who held with diamond hands...

[Anonymous No.28460121]

>>28459925
Would this work for you?
28451186

[Anonymous No.28460128]

bump

[Anonymous No.28460158]

>>28460121
ffs
>>28451186

[Anonymous No.28460183]

>>28459925
Just watch this video.
If you are not convinced after that then you will never be.

https://www.youtube.com/watch?v=zMa4HwgoeMI

[Anonymous No.28460288]

>>28460183
I've unironically listened to that half a dozen times now...I agree, if you can't recognize the opportunity after that vid, just go buy Dogecoin.

[Anonymous No.28460458]

>>28460183
leprechaun wants Rick's pot of gold

[Anonymous No.28460601]

>>28460458
>tfw you realize Rick was an M&A tax laywer and there is an 80mil LTO M&A reserve...

[Anonymous No.28460999]

>>28460601
Tfw you realize his M&A of VIDT was just the start

[Anonymous No.28461225]

>>28460999
checked and assimilation pilled

[Anonymous No.28461768]

[Anonymous No.28462167]

[Anonymous No.28462275]

...Anonymous (ID: d/qf8oJg)
02/12/21(Fri)09:32:58 No.28451186
Reddit figured out how US can buy in without getting raped by gas fees.

"I see a lot of posts about difficulty getting LTO in the US outside of Uniswap and their ridiculous gas fees.

You are able to buy LTO as a BEP2 token in Trust Wallet!

I sent some BNB from Binance.us to Trust Wallet, swapped it in the wallet for LTO (BEP2), and sent to the LTO Mainnet for a fee of .000375 BNB ($.04). Just make sure when you set up the LTO bridge, do it as the BEP2 token and not ERC20."

[Anonymous No.28463089]

This assumes you have created an LTO Wallet (https://wallet.lto.network/)) and downloaded Trust Wallet for iOS/Android:

1. Get some BNB coins from Binance.us
2. Open Trust Wallet, tap on BNB, tap on Receive, copy the wallet address
3. Go back to Binance.us and click on your BNB. Tap on Withdraw, specify the amount you want to send, hit Preview Withdrawal. Paste in your Trust Wallet address and leave MEMO blank, yes you are sure you don’t need a memo, then hit Withdraw.
4. Wait for the BNB to appear in Trust Wallet
5. Tap Dex at the bottom of Trust Wallet
6. Select BNB for “You Pay” and LTO for “You Get” and swap. You will see that the fee is minuscule!
If you want to lease them and earn more LTO...

7. Now that you have LTO in Trust Wallet, log in to LTO Wallet and click Bridge from the Menu, then Let’s Get Started, then make sure to select LTO (BEP2) to LTO (MAINNET), Next, Next, copy the address generated.
8. Go back to Trust Wallet and Withdraw your LTO to the wallet address you just copied. You are done!
9. Once they arrive, don’t forget to stake them!

[Anonymous No.28463969]

>>28461768
Fixed icon

[Anonymous No.28464176]

>>28459647
WAGMI

[Anonymous No.28464309]

---SUMMARY---
>CEO is known for scamming and pathological lying, has spent most of his childhood in psychiatric hospitals
>The issuance of the ERC-20 LTO tokens have a tradeable asset versus the staking asset. This could certainly flag the ERC-20 LTO token as a security at the SEC, and the resulting measures taken against the LTO Network would be anything but good. T
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and unnecessary.
>The team claim to have been working on it for 6 years but their website was created 2 years ago
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher than $0.5 as it would force clients to pay much more than if they were using a regular a regular company.
>They are using IBM cloud to host empty PDF files and claim they have a partnership with IBM
>The token was only created to get funds in the ICO and could easily be replaced by a stablecoin
>Their only real partner is the government of Afghanistan, which has the 7th lowest GDP per capita of the entire world in 2020 according to the IMF
>Most if not all of their marketing budget goes into paying pajeets to shill their scam on /biz/ and Telegram
>There's no proof that all 60 clients LTO has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make LTO more appealing to investors.
>In fact the CEO explained several times that they are giving free tokens to companies to try out their system, and you wouldn't know if these companies stopped using LTO and their transactions were replaced by fake ones.

[Anonymous No.28464346]

>>28459925
Partnerships, but you need to dyor faggot.

[Anonymous No.28464390]

>>28464309
sold my 80k stack

[Anonymous No.28464396]

>IOTA will be able to perform LTO's entire usecase for free. LTO is a fork of waves which offers no real innovation and will be replaced by IOTA
>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox
>Most members in the team are trainees with no experience, only the Lead Architect is talented but he was diagnosed with prostate cancer last month and is likely to pass away this year
>The parent company of LTO, Firm24 has lost customers and is close to bankruptcy after a scandal involving 2 employees who participated in child trafficking
>Pic related is OP, working as a freelance to shill LTO
If you are a newfag and wonder if you should buy LTO or not, do yourself a favor and use filters to hide every LTO thread. Do not listen to the paid shills ITT unless you want to end up broke.

[Anonymous No.28464413]

>>28464309
Hurry up and accumulate

[Anonymous No.28465039]

smells like rotten milk in here

[Anonymous No.28465621]

>>28464390
>me, pic related