LINK 2.0

[Anonymous No.14559844]

>Why Lition Matters?

>Many people are confused by our strong tendency towards the Energy sector even though we are building a Blockchain infrastructure for various industries. Let‘s clarify this. Initially, we started as an Ethereum P2P application designed to target one specific industry (Energy) but eventually saw a gap and therefore an opportunity in the market. Hence, we decided to revise our original plan and transform into a massive blockchain infrastructure project.

>Before we decided to run this project, we already were a licensed energy supplier with real customers and real revenues in Germany. In April 2018 we successfully launched our blockchain-based P2P energy trading app to offer clean and cost-effective energy to 41 million German households. Making us the world’s first blockchain based P2P energy exchange available in a mass-market. Currently we are in possession of customers in over 27 cities, including Berlin, Hamburg and Munich. This solution was built on Ethereum and is going to be migrated on our mainnet once fully live.

>During succeeding in the expansion of market share, we came to two important realizations: 1) that Ethereum—and indeed most of the existing blockchains!—has serious limitations that make them less than ideal for sustainable utilization in many business contexts. They are far from “green” (a key principle for the self-respecting clean energy supplier) and are hardly scalable to millions of customers, but even more importantly they are not compliant with the various EU laws governing secure exchange of private data and the requirements concerning the deletion of data mandated by the EU GDPR regulation. 2) If we face these challenges, then all enterprises aiming to launch and scale business applications in distributed environments using blockchain technology equally face these challenges.

[Anonymous No.14559860]

>In short, all the infrastructure solutions available, were just not good enough for real business in mass markets. Thus, we decided to increase the scope of its blockchain undertaking by moving beyond the dApp development to become a layer 2 solution on top of Ethereum as we did not saw the need to compete with it but rather complement it.

>To develop the blockchain solution, we entered into a Co-Innovation Agreement with the German-based multinational software giant SAP, which is in charge of developing the storage and smart contract layers, with us being the provider for the open consensus layer for this solution. SAP’s Chief Technology Officer and Executive Board Member at SAP SE, Dr. Jürgen Müller, is one of our advisors and actively involved in the #build process.

>Together with our partners we eventually determined that despite our sophisticated original business idea, the time was ripe for thinking even BIGGER. And this is how Lition, with SAP’s support, embarked on an entirely new exciting adventure: to develop our own scalable public-private blockchain infrastructure for commercial products, a system that would be equipped with deletable data features and fully compliant with all applicable laws and regulations, including the most recent EU data privacy laws. Our proprietary protocol aims to help blockchain-based applications to come out of their relatively small niche and enter the mainstream marketplace. The scaling solution that we are developing at this time will be offering a fast, robust, and cost-effective solution for a wide range of businesses and industries, including energy, enterprise data management, finance, insurance, logistics, pharmaceuticals, healthcare, media, travel, etc.—in short: having started initially as a limited-scope decentralized application provider, we are now aiming to become a sizeable infrastructure project in the blockchain space and beyond.

[Anonymous No.14559908]

1k EOY confirmed.
cherry_hotwife@twitter

[Anonymous No.14559940]

bump

[Anonymous No.14559973]

still nobody sees this.

[Anonymous No.14559990]

Whoever panic sold the dip is confirmed brainlet

[Anonymous No.14559993]

>>14559844
interesting, shill me more.

[Anonymous No.14560009]

SAP has a 172 Billion market cap.

[Anonymous No.14560037]

if this means chainlink 2.0 is releasing its own scalable blockchain which will include all the partnerships, swift etc.
Moon mission confirmed.
locked and loaded.
thank you assblasster

[Anonymous No.14560056]

>>14560009
Does lit have any partnerships?

[Anonymous No.14560063]

>>14559844

Checked and based anonymous guy. Nice copy pasta. Stay lit.

[Anonymous No.14560084]

>>14560056

Monster Energy dumbfuck do you live under a rock?

[Anonymous No.14560125]

>>14560084
You don't know who you are talking to faggot. I have enough liquidity to 5x this if I wanted to. Now be a good little wage cuck and spoonfeed me if you want to sell your bags at a profit

[Anonymous No.14560165]

>>14559844
Yeah, this is a guaranteed success isn't it? I'm just taking my time, accumulating on dips. Comfy af.

[Anonymous No.14560191]

>>14560125
Partnership with SAP, mainnet launch Q3 2019, binance listing soon

[Anonymous No.14560209]

>>14560056
Only with fucking SAP.

[Anonymous No.14560223]

>>14559844
so where do I buy it?

[Anonymous No.14560242]

>>14560165
Next dip to aim for senpai?

[Anonymous No.14560268]

>>14560209
Literally the CTO of SAP is an advisor, they are working together on a joint venture and SAP's CTO even said that they will officially announce the partnership in Q3 2019 after public mainnet launch.

These brainlets need to think, coins blow up to 100mm market cap with a rumor of a rumor of a rumor of a real partnership. This partnership is the real deal.

Anon, brainlets here that sell this fucking gem early deserve to stay poor

[Anonymous No.14560276]

Yeah but the token is useless.

[Anonymous No.14560282]

What do you fags use to buy crytpos like this? I use coinbase for Link but what if I wanna buy into one of these coins?

[Anonymous No.14560299]

>>14560242
This is the dip, it dropped 20% to cool down after a parabolic run

[Anonymous No.14560308]

>>14560125
A king of big deal is they will allow the deletion of data from their chains. How many business don't use block chain tech because of its permanency? Lit is blockchain with extra feature meant to capture the big business market. obviously there is more but this little detail sets them apart from most if not all other projects.

[Anonymous No.14560316]

>>14559844
LIT marines, we have to spoonfeed these fucking brainlets. I will create spoonfeed pictures and quotes in MS paint later tonight, since these mongs cant do their own research

[Anonymous No.14560335]

>>14560282
Get VPN get on binance and idex. The set up is a bit more complex compared to CB but you gotta do what you gotta do

[Anonymous No.14560348]

>deletability
>immutability

Makes sense to me

[Anonymous No.14560357]

At minimum, this is SAP's primary blockchain play. That's huge in and of it itself.

At maximum, Lition gets traction as a real contender for enterprise blockchain needs beyond SAP's suite of services. Aka, Lition competes with Neo or Ethereum as one of the big boys

The minimum is what I'm expecting, but that is still a pretty big outcome.

[Anonymous No.14560361]

>>14559990
Panic sellers are based, they’re fueling my growing stack

[Anonymous No.14560363]

>>14560299
Fuck I want to buy mooooorrree. I was trying coinbase (dumb move really) and now hundreds of dollars are 'on hold' fuck coinbase!

[Anonymous No.14560373]

>>14560361
True fren, I'm just under the threshold for top 100 wallets now

[Anonymous No.14560374]

>>14560335
Am I not able to use Binance from US?

[Anonymous No.14560410]

>>14560308
>A king of big deal is they will allow the deletion of data from their chains. How many business don't use block chain tech because of its permanency
I have been trying to get a few companies to integrate blockchain into their stack for years and this is the number reason why the don't. I'm unorionically going to take 30% of my LINK stack and put it into this

[Anonymous No.14560420]

>>14560056
A very robust partnership with SAP as other anons have mentioned; don’t be fooled by the lack of namepower sap carries in America. It’s a massive multinational company in Europe. Only other impressive tech giant would be Microsoft

[Anonymous No.14560431]

>>14560374
>Am I not able to use Binance from US?
only if you created an account and did KYC before June. And you have only until September to trade

[Anonymous No.14560452]

>>14560410
This. People don't seem to grasp the significance of this for business.

[Anonymous No.14560457]

>>14560282
Top exchanges for lit are a Korean exchange and idea. Set up is a bit more complex than Coinbase but should only take like 5 minutes to learn and an extra wallet transaction, they have great tutorials on their page

[Anonymous No.14560460]

>>14560348
Retard, its deletable due to the hashing of each transaction, so the hash will still be recorded on the blockchain, but its mathematically impossible to read the unhashed data

[Anonymous No.14560476]

>>14559844
Hence, we decided to revise our original plan and transform into a massive blockchain infrastructure project.

This is called a pivot and it's a classic move from shit companies to cash in for ez bucks.

Tech companies love doing this into buzzword memes.

[Anonymous No.14560516]

This pasta didnt gain any attention whatsoever when it was originally posted on reddit by the developers. Massively bullish for me.

[Anonymous No.14560578]

>>14559844

Thank you Op, that was my best financial porn in a long time.

[Anonymous No.14560597]

>>14560516
Based bull signal

[Anonymous No.14560837]

Honestly, would just not check portfolio for a week and save yourself the stress. It'll be up by EOW

[Anonymous No.14560873]

>>14560516
Fuck Reddit are retarded. What the fuck is wrong with them? They miss everything.

[Anonymous No.14560888]

>>14559844
cherry_hotwife@twitter cucks her husband while shilling link

[Anonymous No.14560899]

Loogs lieg we jusd hid de bottom. :DDD

[Anonymous No.14560993]

>>14560056

[Anonymous No.14561238]

>>14560993
Rumor has it that Bill Gates named his company after his dick.

[Anonymous No.14561327]

>>14560993
Based

Anons, did you notice after the dump, the FUD pajeets had time to accumulate so they're not here anymore

[Anonymous No.14561476]

>>14561327
yup. They fud to buy more, it's quite normal in the crypto sphere

[Anonymous No.14561498]

>>14561238
Enjoyed

[Anonymous No.14561661]

does LIT have a wallet I could store my coins in? don't feel like keeping it on hotbit

[Anonymous No.14561696]

>>14561661
Look up metamask

[Anonymous No.14561838]

>>14561696
thanks I'm about to go knees deep into LIT

[Anonymous No.14562053]

>>14561838
I'm balls deep in this shit, anons are ignoring it cause it looks like regular shilling, but this project is the most promising out of any on this board right now

[Anonymous No.14562054]

>>14560873
I dont know whats wrong with them all exactly but they are so consistent in their retardation their sentiment makes for an excellent trading metric. These are the people who will buy are bags when its time to cash out, its just the way life works.

[Anonymous No.14562113]

>>14562054
Thank fuck it dipped, I wanted to accumulate more but was having trouble clicking the button at and increasing my cost basis by a huge amount

[Anonymous No.14562178]

>>14562053
True. When I found out what it was, I immediately dumped all my other coins and went all in, kek. This is a moon rocket if I've ever seen one.

[Anonymous No.14562475]

I KNEW I'D GO FROM RAGS TO RICHES

[Anonymous No.14562571]

>>14559844
I might make it

[Anonymous No.14562585]

demoLITion of brainlets who sold the dip

[Anonymous No.14562643]

>>14559844
thanks op, just bought 100k kilowatts

[Anonymous No.14562665]

Top wallets for Lition and VIDT are not that expensive... I'm betting that most of the top 100 holders for both are from /biz

[Anonymous No.14562942]

how do i buy this? Its not on binance as far as i can see

[Anonymous No.14562986]

>>14562942
sigh

[Anonymous No.14563005]

>>14559844
RLC

[Anonymous No.14563081]

>>14562942
Funny thing is it will be soon, keep waiting faggot

[Anonymous No.14563144]

>>14563081
Im not waiting im trying to buy in now retard

[Anonymous No.14563159]

>>14563144
Idex

[Anonymous No.14563372]

>>14563159
Thanks, bought some.

[Anonymous No.14563386]

>>14563372
https://coinmarketcap.com/currencies/lition/#markets

[Anonymous No.14563946]

[Anonymous No.14564065]

>Lition is excited to announce that we are offering support of the Binance Chain BEP-2 protocol to the LIT token. This collaboration between Binance and Lition aims to support the spirit of interoperability within the blockchain space and to create one of the biggest multi digital asset ecosystems of our time. Adding a new blockchain infrastructure to the Lition environment is also an important step that fosters the adaptability of our layer 2 business solution!

https://medium.com/lition-blog/lition-integrates-with-binance-chain-47ef339ecac0

>As always, we are committed to developing the blockchain standard for business by providing an advanced scalable public-to-private blockchain with deletable data features. We are working hard on delivering on the promises that we have made to you. The next few weeks will be absolutely critical to the future of this project with many more announcements and updates coming soon. Talk is easy and the only way to keep you happy is to continue delivering working products and demos, as well as expanding our ecosystem. As we move into yet another phase of our journey, we are grateful for your continued support.