/LNG/ LTO NETWORK GENERAL

[Anonymous No.28500525]

/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 "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.28500584]

>>27251069
>>27424821
>>27702946
>>27837476
>>28003739
>>28093735
>>28382591
>>28425111

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

[Anonymous No.28500727]

>>28500584
I unironically solely bought on the trust of this schizo

[Anonymous No.28500739]

El Tio has taken a breather and is ready go round 2. Remember to dedicate your booze and cigs this weekend to him, and we will continue rewarding us all. Praise be him

[Anonymous No.28500740]

OOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.28500803]

We mooning boys?

[Anonymous No.28500802]

- 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 -- NET-ZERO, "get paid for paying the bill"

- 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.28500832]

>>28500739

[Anonymous No.28500896]

>>28500832
lmao beautiful

[Anonymous No.28500936]

>>28500803
looks like we're going next leg up. comfy af

[Anonymous No.28500951]

>>28500896
Some based anon dropped this late last night, it was good OC thought I'd spread it.

[Anonymous No.28500952]

Smells like curry in here

[Anonymous No.28500990]

finally broke that fucking 800 sat resistance.

[Anonymous No.28501085]

>>28500832
kek makes it marketable between the autists on this board

[Anonymous No.28501113]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.28501120]

>>28500525
comfy, wish i got more around 0.20$ tho..

[Anonymous No.28501207]

>>28501120
You and me both.

[Anonymous No.28501222]

one more push to 38c let's fucking GOOOOOOOOO

[Anonymous No.28501299]

>>28500832
kek

[Anonymous No.28501369]

Fucking 38c stablecoin.

[Anonymous No.28501384]

>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.28501424]

>>28501384
Didn't take you too long.

[Anonymous No.28501437]

> lto chads watching the charts rn

[Anonymous No.28501449]

>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.28501451]

>>28501384
t. retard FUDer who hasn't done the math

[Anonymous No.28501483]

NOOOO i just got another 500 dollerinos ready to put on this... going to wait for next dip

[Anonymous No.28501512]

>>28501437

[Anonymous No.28501537]

>>28501449
>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
lmfao you obviously need to do more research on the business side of LTO. IOTA will never amount to what LTO offers it's clients, dumbass

[Anonymous No.28501556]

>>28501483
I had 600€ ready to DCA and the fucker goes and moons on me lmao.

[Anonymous No.28501577]

>>28501384
>>28501449
YOU CANT HOLD US DOWN NIGGER
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.28501579]

>>28500739
This ones for you, based schizo poster.

[Anonymous No.28501608]

>>28501483

[Anonymous No.28501640]

>>28501608
Swingies get the rope.

[Anonymous No.28501742]

>>28501449
>Thinking IOTA is better when it doesnt have a resident schizo

[Anonymous No.28501762]

dubs and i go all in and reach 200k

[Anonymous No.28501787]

/biz/ now controls 9.5% of staked LTO

[Anonymous No.28501840]

[Anonymous No.28501848]

>>28501608
reddit swingies KEK

[Anonymous No.28501879]

>>28501840

[Anonymous No.28502215]

>>28500739
I quit cigs last week, but I'll be smacking the booze this weekend and it will all be for El Tio

[Anonymous No.28502499]

>>28501879
This shit is about to go parabolic.

[Anonymous No.28502640]

>>28501384
schizo FUDers are bullish
Every time a project gains some attention, it gets a autistic fuder, look at GRT, people were making post like this when it was a 30 cents

[Anonymous No.28502642]

.40 cent waiting room,
get in here Chads

[Anonymous No.28502693]

>>28502499
Not based on hype, not as a pajeet p&d, but because the market is simply recognizing its true value.

[Anonymous No.28503027]

>>28501879
What the team want you to believe :
>132M staked tokens
>110k daily transactions
Reality :
>131M staked tokens
>95k transactions yesterday
Those numbers will only go down from now on, as businesses stop using LTO and the team runs out of funds to spam fake transactions

[Anonymous No.28503257]

>>28503027
My god...the fud is real...am I ruined, anons?

[Anonymous No.28503299]

>>28503257
SELL SELL SELL

[Anonymous No.28503506]

>>28503027
Lmao, are you my mother?
"No, don't put money in on a risky investment you'll lose it all" thats some shit a woman would say. Gtfo. Nobody wants your fud or your "help".

[Anonymous No.28503663]

tranny shit coin

[Anonymous No.28503726]

>>28503506
Just keep your savings in fiat like a good goy.

[Anonymous No.28503734]

the next trade will unironically decide the fate of El Tio

[Anonymous No.28503887]

>Low market cap
>Use cases
>High transaction count
>Active community

Bought a suicide stack of 15K LTO yesterday and up 10%. When 6 figures sirs?

[Anonymous No.28503915]

>>28500803
>>28500936
Gentleanons I ask,
LTO how high can we go?!

[Anonymous No.28503987]

[Anonymous No.28504115]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOO WE ARE MOOOOOOOOOOONING

[Anonymous No.28504183]

>>28503915
What time frame are we talking about?

[Anonymous No.28504238]

>>28504115
YEAH DOWN
SELL SELL SELL SELL

[Anonymous No.28504366]

>>28504183
imo, 1 year for $1bil mk cap (fair value given fundamentals), 5 years to $10 bil mk cap (again, fair value, not just a pajeet p&d)

[Anonymous No.28504584]

>>28504366
Hard to make predictions but these are reasonable. We could even see $20b mcap in 3 years, that'd be my most bullish estimate.

[Anonymous No.28504643]

>>28504238
ill sell after im done leasing in 5 years

[Anonymous No.28504688]

Your daily reminder that LTO is a literal crab coin

[Anonymous No.28504696]

>>28504584
Ya I prefer to be conservative. Better to be pleasantly surprised than disappointed. Truth is there is a reason why triple digit LTO could be not only possible, but sustainable. You really have to sit down and do the math to get why though. DYOR on this if you haven't, anons.

[Anonymous No.28504758]

13k stacklet here, am I gonna make it bros?

[Anonymous No.28504828]

>>28504758
Keep staking and keep DCA to 15k and then you can set aside the rope.

[Anonymous No.28504844]

>>28504688
kek

[Anonymous No.28504947]

>>28504696
Based math doer

[Anonymous No.28504979]

>>28501608
>he longed $rope

ngmi

[Anonymous No.28504981]

PSA: /biz/ node has the highest payout (99%); payout is every Saturday; almost controls 10% of staked supply already.

[Anonymous No.28505060]

>>28503726
just fucking rake us already

[Anonymous No.28505136]

How the US can buy LTO without being raped by uniswap fees:

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.28505296]

>>28504979
kek

[Anonymous No.28505542]

I sleep well at night, because I'm staking LTO.

[Anonymous No.28505613]

>>28505542

[Anonymous No.28506587]

I have 4,7k. Am I going to make it

[Anonymous No.28506857]

>>28506587
No.

[Anonymous No.28507056]

>>28506587
you'll make a decent chunk of change, but no, you won't make it

[Anonymous No.28507198]

>>28506587
see
>>28506857

[Anonymous No.28507245]

>>28506587
You have what I call a micro-suicide stack. Everyone's financial situations are different. For some people, 5k LTO five years from now could make a meaningful impact on their lives. But given that it is a small stack, you really need to be prepared to hold for the long run on this one...think of it like a blue chip stock that you never sell.

[Anonymous No.28507380]

>>28506587
That's 150k in 4 years, how does that sound

[Anonymous No.28507564]

>>28505136
Right now I only have coinbase and binance is taking an eternity to let me get fiat into my account. Is there a coin I get on coinbase, transfer to my binance wallet, and then swap for BNB then LTO without getting raped somewhere in there?

[Anonymous No.28507694]

>>28507380
>100x stable coin

[Anonymous No.28507748]

>>28507564
>Is there a coin I get on coinbase,
LTC or some shit.

[Anonymous No.28508550]

>>28507748
>>28507564
I use XLM for transfers usually.

[Anonymous No.28509086]

oh shit guys, I'm feeling it