- LTO Network (https://t.co/LJUDzLMCb5) is a hybrid blockchain solution that connects to existing systems enabling efficient collaboration on complex and multi stakeholder processes. It is led by a great team of serial entrepreneurs.
1) Our thoughts on LTO Network
Not financial advice
- LTO Network (https://t.co/LJUDzLMCb5) is a hybrid blockchain solution that connects to existing systems enabling efficient collaboration on complex and multi stakeholder processes. It is led by a great team of serial entrepreneurs.
- Businesses don’t want an IT overhaul, but want communication with existing systems that only share process data and updates users via their own systems.
- LTO has had many high profile partners join the network. Recently, The UN released an open-source urban land registry for the Afghan Government: https://t.co/aakyqOJLa7
- Other high profile use cases include:
- Immutable, digitally signed PDFs with a verifiable timestamp using SignRequest
Executed legal contracts, hashed on blockchain via a smartphone using Quislex
- Going forward, continued emphasis could be put into business identities on the blockchain, solving KYC issues, a big pain point for particularly banks.
This increasing popularity has enabled LTO to collaborate with some well-established parties aside from the UN, including:
- IBM. Both IBM and LTO Network have formed a partnership with VI-D to deliver The Internet of Environments.
Leased-Proof-of-Stake:
- Rewards are transaction fees on the network corresponding to the ratio of your staked amount to the total staked amount.
- Foundation to create new products & services, e.g. one-click KYC for businesses and cross-chain associations, all while retaining GDPR compliance.
- Smart Contract are less readable by humans than a standard contract while still being open to exploits.
-Smart Contracts do not operate within a legal framework and are not enforceable by a judicial system.
- Live contracts allow easier integration with legal frameworks. LTO was built specifically to be EU GDPR compliant
- LTO has chosen to design more organic tokenomics. As the platform increases in health/users we see the intrinsic value of the token appreciating. However, it is possible the token price will not converge with its intrinsic value over shorter time horizons.
- As one of the first teams to bridge the gap between BC agreements and legal jurisdiction, as well as being fully GDPR compliant, we see LTO as being one of few blockchains fit to serve the BC needs of a wide-ranging group of firms. Growth potential is immense.
- Judging from expected transactions, we expect to see a healthy ecosystem driven by a strong roadmap and vision that focuses on real pain points such as SSIs
More from Crypto
1/ A thread on Nexgen’s Arrow & the #uranium cycle ($NXE)
2/ Given the scale and cost structure of Arrow, it makes sense that investors are intensely focused on its delivery timeline. This thread will discuss possible timelines, current market expectations (i.e., what’s “priced in”) & how different Arrow scenarios will impact the mkt.
3/ As you can see from the litany of responses to Michael’s tweet, there is great skepticism in the market regarding Arrow’s timeline. This is largely due to a bearish narrative conveyed by competing CEO’s whose assets only hold value if Arrow is substantially delayed.
4/ Those who played “King of the Hill” as a child would remember that it is the person at the top who is constantly attacked, not the kid sitting at the bottom of the hill in the mud. No one cares enough about that kid to attack them. This is a good parable for $NXE & Uranium.
5/ First a quick note on “this cycle” – Segra generally defines this cycle as the deficits forecasted from the mid-2020s to late-2030s. When people imply an asset producing in the mid-to-late 2020s will “miss the cycle”, they clearly have not done any real S/D modelling.
Can anyone tell me an estimated time frame that Nexgen could be permitted, start building their mine and be producing #uranium ??? @quakes99 @JekyllCapital @travmcph @NexGenEnergy $nxe
— Michael Pierce (@Big_U_Dawg) January 22, 2021
2/ Given the scale and cost structure of Arrow, it makes sense that investors are intensely focused on its delivery timeline. This thread will discuss possible timelines, current market expectations (i.e., what’s “priced in”) & how different Arrow scenarios will impact the mkt.
3/ As you can see from the litany of responses to Michael’s tweet, there is great skepticism in the market regarding Arrow’s timeline. This is largely due to a bearish narrative conveyed by competing CEO’s whose assets only hold value if Arrow is substantially delayed.
4/ Those who played “King of the Hill” as a child would remember that it is the person at the top who is constantly attacked, not the kid sitting at the bottom of the hill in the mud. No one cares enough about that kid to attack them. This is a good parable for $NXE & Uranium.
5/ First a quick note on “this cycle” – Segra generally defines this cycle as the deficits forecasted from the mid-2020s to late-2030s. When people imply an asset producing in the mid-to-late 2020s will “miss the cycle”, they clearly have not done any real S/D modelling.
I've just read one of the most lucid, wide-ranging, cross-disciplinary critiques of cryptocurrency and blockchain I've yet to encounter. 1/
It comes from David "DSHR" Rosenthal, a distinguished technologist whose past achievements including helping to develop X11 and the core technologies for Nvidia.
https://t.co/tkAMShno4k 2/
Rosenthal's critique is a transcript of a lecture he gave to Stanford's EE380 class, adapted from a December 2021 talk for an investor conference. 3/
It is a bang-up-to-date synthesis of many of the critical writings on the subject, glued together with Rosenthal's own deep technical expertise. He calls it "Can We Mitigate Cryptocurrencies' Externalities?"
The presence of "externalities" in Rosenthal's title is key. 4/
Rosenthal identifies blockchainism's core ideology as emerging from "the libertarian culture of Silicon Valley and the cypherpunks," and states that "libertarianism's attraction is based on ignoring externalities."
This is an important critique of libertarianism. 5/
It comes from David "DSHR" Rosenthal, a distinguished technologist whose past achievements including helping to develop X11 and the core technologies for Nvidia.
https://t.co/tkAMShno4k 2/
Rosenthal's critique is a transcript of a lecture he gave to Stanford's EE380 class, adapted from a December 2021 talk for an investor conference. 3/
It is a bang-up-to-date synthesis of many of the critical writings on the subject, glued together with Rosenthal's own deep technical expertise. He calls it "Can We Mitigate Cryptocurrencies' Externalities?"
The presence of "externalities" in Rosenthal's title is key. 4/
Rosenthal identifies blockchainism's core ideology as emerging from "the libertarian culture of Silicon Valley and the cypherpunks," and states that "libertarianism's attraction is based on ignoring externalities."
This is an important critique of libertarianism. 5/
