We're celebrating the 10th year of Blockchain technology. During that time, we had a lot of experience. The market is slowly starting to fix itself. One of the biggest reasons for this is the increase in confidence in the market. The market-free elimination of fraud and security holes has made blockchain technology more powerful every day. It is possible to say that there are some difficulties because it is a very new technology. But if you think like me, you accept that block-chain technology is a weapon capable of changing our lives. The blockchain has been used today in banking, artificial intelligence, entertainment, municipalities, shopping and much more. The Fiat that we know is slowly reaching the power to do everything that money can do. The blockchain not only facilitated the use of money, but it also allowed us to use it in a very functional way. In addition, it seems to have done a lot better job in the distribution of income than the fiat money. But the blockchain should go on its way. This amazing technology that changes the way we look at money and banks, comes for more. Problem Analysis
Nowadays, many altcoin blockchains using a limited number of hybrid infrastructure. The most common and most known is Ethereum infrastructure. About 200 altcoins are using this infrastructure. In fact, Binance, the world's largest stock exchange, uses this infrastructure for its own coin, BNB. We should talk about Bitcoin's infrastructure, which dominates 52% of the market, according to Coinmarketcap data before going to the Ethereum. Compared to fiat money, Bitcoin's trading speed and commission fees are really incredible. Bitcoin operations can change blocks before 1 hour after the completion of the approval process. This means that the international fiat is much faster than monetary transactions and can be met with fewer commissions. But ten years after bitcoin's invention, we can say that we are now using much more advanced technology. For example, the Ethereum infrastructure can perform these operations in almost minutes. Projects such as EOS, which is also a blockchain, and other projects aim to shorten these times further. But it is a fact known by everyone that these infrastructures have problems with safety, speed and integration. Because of these vulnerabilities, the Crypto money worth millions of dollars each year is becoming the target of the attacks. This kind of situation that damages the blockchain technology also continues to be a serious obstacle to the realization of the blockchain Revolution. However, new projects, or rather projects that use a solid infrastructure, do not seem likely to encounter these problems in the future.
📷 What is the LTO network ?
LTO network is a decentralized and highly efficient blockchain infrastructure that provides maximum efficiency to its users and enables the integration of blockchain Infrastructures into existing systems ready for production. The LTO network project is a very advanced technology product with 10 years of blockchain experience. I remember the days when the project was chosen as the Most Valuable ICO of the year when the ICO was made in 2018. This year, the project has proven itself by providing services to various customers from around the world.
Business Process Modeling is a common strategy that small, medium and large enterprises use to maintain their business continuity. Creating a visual proof of a workflow process is a step by step to ensure that it is analyzed, developed and automated. Unlike procedures written in a native language or in a programming language, these models can be understood by both people and computers.
For inter-organizational collaboration, there is no modelling to enhance communication. The parties concerned must indicate the process to be used as a binding agreement; it is called a live contract on the LTO platform. The LTO platform creates a temporary blockchain for each live contract. This type of blockchain is not designed as a literal book.
📷 Who are the actors on the LTO Network?
There are 4 different token holders in the LTO network system and they are classified.
- Collector and Partners –These people can be recognized as individuals who approve blocks in the system and enable transactions to take place. Not only in the LTO network, but also in the approval of blocks of all blockchain Projects works according to this system. These people make an income by making the approval of the transactions.
- Customers - if you are not one of the above-mentioned persons, you are probably a customer. When you use the system to trade, you pay a very small amount of commission. These commission fees are almost nothing compared to other projects.
LTO Network Award pool and operating system
- Active Holders – as with many other systems, you have the opportunity to generate passive income by running a node on the LTO network. It's kind of a passive income opportunity, actually. To run any node, you just hire a server and confirm the LTO network operations via this server.
- Inactive Holders - such holders are those who continue their existence without any action on the network, without any block endorsement in any way.
We mentioned above that you have a chance to earn passive income through LTO network. These stakes vary according to the token that the customers hold. There are a number of rewards available for keeping these tokens in the wallet. And token holders are rewarded within the framework of the ratios shown below.
- If a user has 10% of the total number of tokens on the network and contributes 10% of the total transactions, this token holder's block validation rate will be 105%.
- If a user has 10% of the total token supply but does not contribute to any authentication transition based on network operations, the block validation rate will be below 5%.
The stake pool calculation of the LTO network is calculated by the following formula: a number of tokens staked/contribution to the approval of blocks. This process determines your rate of the number of tokens staked.
📷 LTO Blockchain and ERC-20 Wallet
LTO network has 2 different coins. Since these coins are used for different purposes, they may also be used for different purposes. These two different coins can be exchanged with each other through "bridge troll". Odds are 1:1.
There is a system called “bridge” between the pools of the main net and ERC-20 tokens, and both pools serve different purposes.:
- The LTO network blockchain is designed for the actual use of the network: it is designed for the functionality of the platform and to pay for transactions or payment. This network is used by holders. Or used to confirm transactions on the network.
- ERC-20 is the nature of the companies that will make a more new entry into the system, to ensure faster entry into the system was established. This token is used to adapt the company to the LTO network because its liquid speed is faster.
📷 4 Main Dynamics of LTO Network
LTO network has shaped the project according to 4 main dynamics. These are development, growth, shaking-out and maturity.
The first of these stages, the relatively high level of Development,
will be shared after token distribution. Those who buy this token early will be rewarded as a reward by bringing it to the "net zero" point mentioned in the chart.
At the stage of Growth
, the passive customer ratio will increase to the extent that it is adapted to the platform. The speed of transactions will increase as you go to the "net zero" point.
"Net zero" incentives in the Shake-out
will increase the founders. The entrance to the prize pool will be a bit narrower as the stakes increase.
In the process of Maturing
, the market will grow as the majority of customers become partners. However, passive holders will be rewarded by the system with a much wider expansion of the stock rewards. CONCLUSION
Although the LTO network seems very complex, it is much more understandable when viewed closely. Since it has a much more advanced structure than other blockchain technologies, there are many opportunities to be gained from it. The system is already listed in Coinmarketcap and is traded on many stock markets. Anyone who wants to invest in this wonderful project and using the Node registered in the system can provide the opportunity to earn passive income. In addition, if you already have a cryptosystem, you can negotiate with the LTO network and get the chance to improve the quality of your business. TOKEN ALLOCATION
📷 MEET THE TEAM
📷 For more information
📷 WEBSITE: https://lto.network
📷 TELEGRAM: https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
📷 WHITEPAPER: https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
📷 TWITTER: https://twitter.com/ltonetwork
📷 MEDIUM: https://medium.com/ltonetwork
📷 REDDIT: https://www.reddit.com/livecontracts/
📷 YOUTUBE: https://www.youtube.com/channel/UCaHcF-xterKYTKSpY4xgKiw
📷 GITHUB: https://github.com/legalthings
LTO Wallet Adress: 3Jkjdy2bViwGsML6emPDAGBF5XC7MwYCq4g MEW: 0x30Da745c024923B55f3a73E530e18382eF2130eB Telegram:@nuxxorcoin
Leading cryptocurrency exchange, Binance has announced the complete acquisition of London-based crypto card issuer Swipe. The acquisition of the crypto card Issuer Swipe was announced by Binance for an undisclosed amount, noting the take over would help bring crypto to the mainstream, thus increasing crypto adoption.. According to the announcement, both companies would earnestly work together ... Backed by industry leaders including Binance and Paxos, the introduction of BUSD onto Flow will unlock secure and consumer-friendly DeFi primitives covering derivatives, collateralized loans, P2P ... The Binance exchange said an outage was due to system maintenance prompted by a problem with a data feed. ... Bitcoin 101. Blockchain 101. Ethereum 101. Trading 101. All 101 Guides; Assets. 0x ... Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Bitcoin hitting the key level of $10,000 was celebrated by the entire crypto-community. However, as the king coin continued to surge higher and touch new milestones, one of the world’s leading cryptocurrency exchanges, Binance, reportedly experienced functionality issues. Addressing the same, Binance has now come out with a blog post clarifying what happened, a blog […]
Buy Bitcoin on: https://coincompass.com/binance https://coincompass.com/coinbase Should I buy bitcoin on Coinbase or Binance? A comprehensive, pragmatic & be... How to buy Bitcoin with Credit Card on Binance - World's Largest CryptoCurrency Exchange Link : https://www.binance.com/es/register?ref=Y7W9JLID This video i... NEW CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg ----- Rich Dad Poor Dad: https://amzn.to/3cKJ4Ia C... Bitcoin Trading Guide If You're Trading Indian Market Binance ***** More Info ***** Website Link: https://nextlevelbot.com/ Binance... use id: 55049052 link: https://www.binance.com/ru/futures/ref/55049052 #binance #binancefutures binance.com / binance futures / binance referral code / binan... Good Morning Music VR 360° Positive Vibrations - 528Hz The Deepest Healing - Boost Your Vibration - Duration: 2:00:01. Nature Healing Society Recommended for you. 360° 1 Hour Very Powerful Blessed and Anointed Prayers 100% NO ADS! Story of God 💰 Attract Abundance of Money 🔴 Prosperity and Luck Law of Attraction [ 100% NO ... Binance Launchpad has moved to a lottery based system from first come first served. You are required to hold a minimum of 100 BNB for a period of 20 days before the lottery to be eligible for ... how to open Binance exchange to buy bitcoin #cryptotradingexchange #binance # howtoopen Binance link: https://www.binancezh.pro/en/register?ref=XW91KRSO buyi... LIVE traden met Bitcoin op Binance. Meer weten over Bitcoin en crypto? Ga naar ons andere kanaal op YouTube: www.cryptocoiners.nl