/lg/ - Lition General - Bratwurst edition

[Anonymous No.19195688]

>Whitepaper
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Technical Whitepaper (Hint look at who wrote it)
https://www.lition.io/docs/Lition_TechnicalWhitePaper.pdf

>Energy usecase
https://lition.de/

>Syndicated Loans usecase
https://medium.com/lition-blog/lition-and-volks-and-raiffeisenbank-vr-bank-cooperate-to-process-a-20-million-syndicated-loan-2ac55f688c59

>Sparwelt Partnership, ads now airing on German Television
https://medium.com/@mstephenw5/lition-enters-brand-partnership-with-sparwelt-rtl-to-drive-blockchain-powered-green-energy-badb2e2ac023

>SAP Partnership
https://www.youtube.com/watch?v=lXpBRHptyKk [Embed]

>Buy on IDEX, burgers need to use a VPN or can try Hotbit
https://idex.market/eth/lit

>Staking pool tutorial
https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

>Block explorer
http://bcenergymainnetc.lition.io:22003/dashboard

Previous thread:
>>19146404

[Anonymous No.19195740]

>>19195688
Redpill me on lition, I have 100k but i'm looking to get out. I think I may have been sold up the river

[Anonymous No.19195831]

>>19195740
There are countless of threads with good information regarding the project, but recently everyone just got tired of promoting in the fave of all the fud. Ethier you sell or you don't, I'm picking up more on the coming paycheck so do what you want.

[Anonymous No.19196262]

They added another stake pool??

[Anonymous No.19196423]

96 transactions per customer per day is that true? If that was true 100k customers would be 9.6 million daily transactions anyone staking w-would... well you can work out where im going here

[Anonymous No.19196476]

>>19196423
Inb4
>Muh scaaaaam team sold tokens exitscam in progress get out now reeeeeee I didn't load up at 4ceeeents

[Anonymous No.19196583]

>>19196262
Thats improved staking pool, you can restake without going through your wallet first and some other shit

[Anonymous No.19196624]

>>19195740
Sell and leave nigger

[Anonymous No.19196699]

inb4 mike from india arrives

[Anonymous No.19196723]

How long until he is here with his fuck-long mega post linking all his previous posts.

[Anonymous No.19196737]

MIKE YOU INCOHERENT NIGGER! WHERE YOU AT?!

[Anonymous No.19196746]

>>19196583
Rewards are the same I suppose?

[Anonymous No.19196759]

>>19196262
**UPDATE: We’ve deployed a second Lition Pool Staking smart contract. The new contract (Lition Pool 2) is optimized to provide increased performance and lower gas consumption to help offset the recent high transaction fees on Ethereum’s network. It is connected to the same side chain (energy) as the original contract.
We’ve added a “re-stake” function that allows users to re-stake with the same parameters, rather than withdrawing and creating a new stake. This functionality is only be available in the “Lition Pool 2" contract.
**We recommend that all new stakes are created using the new contract.

>>19196746
Already found it

[Anonymous No.19196768]

>swinging biz uniswap shitters into Lit stakes

Based or not?

[Anonymous No.19196830]

>>19196768
Ultra based. Doing the same right now. Current shitcoin: RING

[Anonymous No.19196850]

>>19196830

I did XIO now got a couple grand in XOR. All goes to plan I have a make it Lit stack in staking

[Anonymous No.19196967]

>>19196850
I-Is 55k enough to make it?

[Anonymous No.19197005]

>>19195688
You have 2 Days.

[Anonymous No.19197156]

>>19197005
What is going to happen in 2 days?

[Anonymous No.19197167]

>>19197156
It's just a meme
>He doesn't know

[mikefrommoon No.19197654]

OBLIGATORY POST
DAILY REMAINDER: THE TEAM DUMPED MILLIONS OF ECOSYSTEM TOKENS AT LESS THAN ICO PRICE FROM THIS ADDRESS IN IDEX
>https://etherscan.io/token/0x763fa6806e1acf68130d2d0f0df754c93cc546b2?a=0x014f808b7d4b6f58be5fef88002d5028cd0ed14b

>https://imgur.com/a/rWVGexU


>>18897550 (the price was at 11c when i first warned /biz of this scam )
>>18897611
>>18900922
>>18901472
>>18901612
>>18919921
>>18920783
>>18924650
>>18926842
>>18927888
>>18929368
>>18936794
>>18937734
>>18945086
>>18945977
>>18946317
>>18947001
>>18947046
>>18947251
>>18963583
>>18965377
>>18966392
>>18971261
>>18971475
>>18971560
>>18972298
>>18972598
>>18974860
>>18976847
>>18976885
>>18981268
>>18990463
>>18990893
>>18990959
>>18991204
>>19008874
>>19008883
>>19009588
>>19009843
>>19010289
>>19010410
>>19014296
>>19016131
>>19042771
>>19043366
>>19043649
>>19044042
>>19044212
>>19047540
>>19048687

the team manager pointed to a tx from binance dex as its a prove the team is not the one dumping this time but guess what? those tokens come from a big wallet with 13millions lit, so this is not a case were someone is sending them bep2 tokens to get erc20 tokens , it was just a fake transfer to fool the community , this is really dumb, stupid and retarded
>https://explorer.binance.org/address/bnb1ywlwj4em9f2wg7u5rmaklt5372crl8ysv4x73t

so instead of doing this:
>person1 send 67092 from bep2 wallet1 to the team wallet (bridge wallet)
>person1 recieve 67092 from erc20 team wallet (bridge wallet) to his erc20 wallet1

they did this:
>team wallet send 350,000 to new created wallet1
>wallet1 send 67092 to a new created wallet2
lmao how stupid you can be, im sure the next time they will do it properly because they are learning from me how to deceive and scam people the right way like how suddenly the binance chain started sending large amount of tokens after 90days of inactivity and 200$ of trading volume

[mikefrommoon No.19197667]

>>19197654

>>19032603
>none of us know

yes we know why you little monkey
>pajeet shills:yeah mainnet2.0 + binance listing + new partnerships announcements coming soon
>the team knows that there is no good announcement in the near future so they decided to dump most of the ecosystem tokens and hold ether instead of their shitcoin which show how much confidence they have in their own project success
>the team started selling at 5cents just below the 2millions sell wall (half the ico price lmao)
>they didn't need the money to pay for expenses because they are still holding into that 1500ether which shows they are expecting it to raise in value more than their own shitcoin

>inb4 sirgay did the same thing
no he didn't do the same thing:
-sirgay started dumping between 2$ and 4.5$ which was x13 increase in price in one month and also chainlink ico price was 0.11$, and also he sold his own tokens and not the ecosystem tokens
-sirgay dumped maybe 0.5-1% of the max supply tokens

-Richtard started selling at 0.05$ (half the ico price) in the way to 0.1$ and caused the price to crash
-Richtard sold the ecosystem tokens after he burned their own tokens and said they don't need more money to run and to pay the expenses
-Richtard dumped 5% of the max supply tokens in April alone and another 5% is waiting as they said they won't sell anymore in the mid term, mid term means 1week in the scammer dictionary

>oh how can a team with a legit company and good connections and relations with the german government and endorsed by sap turn to be a SCAM
>remember modum?
>they have so much in common
go read replies
>>https://twitter.com/modum_io/status/1230445888780341255

[Anonymous No.19197847]

>>19197667
>>19197654
welcome mike from india

[mikefrommoon No.19197910]

>>19196699
>>19196723
>>19196737
>>19197847
hi rankeesh gang i missed you

[Anonymous No.19197934]

>>19197156
2 Days.

[Anonymous No.19198042]

>>19197654
>>19197667
>https://youtu.be/fKtNawQ3cxM
This debunks all of your fud

[mikefrommoon No.19198055]

>https://deltabalances.github.io/recent.html#0x07253bf0b283779b1849e6ac0cae194e2f2002f2
this dude just jumped the ship going from a semi scam to a full scam kek big brain move (he may make some profits)

>>19197934
still 2 days? groundhog day? Alzheimer anon?

[Anonymous No.19198122]

>>19198055
yeah this is the type of token you would invest in, no use, 100% pump n dump and shilled by crack addict
ESH GANG

[Anonymous No.19198170]

>>19197654
>>19197667
It was foretold, in the prophecy.

[Anonymous No.19198194]

When will this be worth 4$

I just want to stop working and live neet live

[Anonymous No.19198281]

Take your meds, mike from mumbai.

[Anonymous No.19198295]

>>19198122
Actually yes. I guess you're just salty cause you lost your money on real scams such as ESH and 1UP. Guess you're new.

[Anonymous No.19198297]

>>19198194
Mai 6th 2021

[Anonymous No.19198307]

>>19198295
you misunderstood me lol

[Anonymous No.19198386]

>>19196423
That was the basic idea but since then they said they will try to group by areas (small cities, or urban blocks) the transactions for households. So not 96tx*day*private customer. But it'll still be good.

[Anonymous No.19198409]

>>19195740
Please sell and don't stake.

[Anonymous No.19198431]

>>19198281
Based and redpilled.

[Anonymous No.19198434]

>>19195740
How do you have 100k but still need to be redpilled? Sell, you don’t deserve to make it with us

[Anonymous No.19198456]

people shilling their bags in an unrelated thread is so sad to see. New bizlets getting caught up in hype pump and dump of the week/month.

[Anonymous No.19198482]

>>19198307
sorry fren, my brain went into full anti fud mode.

[Anonymous No.19198525]

Seems like more and more people are staking, because my rewards are going down.

[Anonymous No.19198583]

holy shit guys, i think this project will make me finally rich.
i can't wait.

[Anonymous No.19198694]

>>19198525
Exactly 28% of total supply is locked into the pool as of today. Yeah also got some % less the last days.

[Anonymous No.19198698]

You guys better dump this naziscam before it goes to 0.2 ct for the next 2 years

[Anonymous No.19198718]

>>19198698
i hope someone is capping all these guys for when we make it so we can make threads laughing at them.

[Anonymous No.19198735]

>>19198386
Ok id love to see how thats gonna actually work bit vague but fuck me i dont know any other project utilising the blockchain that will cause so many transactions for stakers as lition..... the next fucking gold rush when normies find out and we are in 2 or 3 years before theyll know... fourth industrial revolution the sharing economy will be built on blockchain to streamline trade Richard is a fucking genius i just hate seeing fucking retards on biz fudding the small things when they obviously dont understand whats happening long term...

[Anonymous No.19198742]

>>19198718
Yeah better do this, will enjoy the pink wojaks much more when it crashes

[Anonymous No.19198805]

>>19198742
its all so tiresome...

[Anonymous No.19198870]

>>19198742
pink whacks bizlet show hand pajeet discord tranny.
I'm sure all the comments like this will age just as well as the ffffuuuuuuu and l337 stuff did. We should be caping all this just to show how tucking stupid most of yall sound.

[mikefrommoon No.19199186]

>https://deltabalances.github.io/recent.html#0xbc8e577f95f977f5f5f77209a474cbd10e936b3e
>another anon jumped the ship
>only 74eth buy whale remaining
tik tok.............. tik tok........... tik tok ....... tik tok

[Anonymous No.19199457]

Lition is complete bullshit
There is no way and no reason for electric companies to use crypto
We will get smart meters linked to the internet and see all that what (((lition))) is supposed to do on our annual statements like we see normal electricity used or sold, all that without crypto because just using a centralized system is far superior to it in upkeep and simplicity

[Anonymous No.19199542]

>>19199457
you niggers and pajeets really are disgusting holy shit this board is fucking cancer. Look at pic related and try and wrap your brain around it.

[Anonymous No.19199589]

>>19199542
and for brainlets, the number on top is what you pay per month and the number in black is what you save per year using lition compared to the other companies.

[Anonymous No.19199638]

>>19199589
>>19199542

So it's just a company with better prices?

Why do they need the token for?

Cant other companies end up lowering their prices if this gets enough attention?

I'm a brainlet so I have no idea.

[Anonymous No.19199672]

>>19199638
the reason they can cut costs is because of the token and blockchain, holy shit do you retards even read before you shit up these threads holy shit.

[Anonymous No.19199682]

Ahh biz. Absolute retarded idiocy combined with occasional autistic genius.
Your job is to be able to tell the difference

[Anonymous No.19199712]

>>19199638
>>19199672
sorry for being rude, i thought you were fudding but forgot that you said you were a brainlet.

[Anonymous No.19199724]

>>19199672

I'm a legit brainlet who isnt trying to fud or anything but to find out more about Lition.

I just can't be arsed to read their whitepaper.

[Anonymous No.19199775]

>>19199712

It's o-okay anon.

[Anonymous No.19199776]

>>19199457
see >>>>19199542
main benefit is not (((decentralized))) it's rather a side effect. main benefit is cutting the middle man u retard.

>>19199638
>So it's just a company with better prices?
it's a blockchain, using the energy market as one of its main first use cases.
>Why do they need the token for?
because it's a blockchain.
>Cant other companies end up lowering their prices if this gets enough attention?
no other companies have third parties/middle men all over their pricing model, making it impossible for them to cut prices without taking huge losses.

>I'm a brainlet so I have no idea.
you know.. there's always google. also, don't invest in something just because some internet strangers tell you to. if you do this you are an absolute motherfucking retard and i hope you will end up on the street for ur stupidity

[Anonymous No.19199837]

Help me out frens, where can i buy some??
Paycheck is coming next week and i dont want to lose the opportunity of grabbing a nice bag

[Anonymous No.19199860]

>>19199837
idex, but you dont have to fomo since this is a mid-long term hold.

[Anonymous No.19199872]

>>19199837
>>19199860
2 days.

[Anonymous No.19199898]

>>19199860
is that legit?
I dont want some sketchy webpage to have my bank details y know

[Anonymous No.19199927]

>>19199898
you mean as a onramp for fiat? probably coinbase is best but you need idex to buy it rn since its basically only on there.

[Anonymous No.19199951]

One more reason why they need a blockchain: Their P2P energy marketplace wouldnt function effectively without it.

Hans is producing solar energy on his roof ---> Hans' energy gets either used by himself or (if there is something left) sells it to Lition Energie AG (the company behind the energy usecase) ---> middleman BTFO which makes the energy itself cheaper since you dont need to pay some fucking walking tuxedo.

Hooray! Everyone is happy!

[Anonymous No.19199969]

>>19199898
step by step guide:
1. you go to a legit and secure FIAT crypto exchange with low fees.
coinbase has incredibly high fees, hence I recommend Kraken.

2. you buy ETH for your desired investing amount

3. you transfer ETH to either IDEX or Hotbit and buy Lition with it.

(4. optional - you transfer over your LIT to a more secure wallet.)

[Anonymous No.19199980]

>>19199927
Ok so i can just buy some ETH or BTC on coinbase , send it there and buy LIT right?¿

[Anonymous No.19200003]

>>19199969
cheers mate

[Anonymous No.19200021]

>>19199980
Hola amigo xd

[Anonymous No.19200054]

>>19200021
Mucho gusto

[Anonymous No.19200058]

>>19199980
yeah

[Anonymous No.19200144]

>>19199969
I'd say its optional but very highly recommended to move your lit off an exchange and unto your own wallet. This also goes for any crypto not just lit imo.

[Anonymous No.19200161]

>>19199542
Im german electric energy engineer u dumb fuck
Give me a good argument why anyone would use your shitcoin instead of government fiat
>>19199776
But using a shitcoin adds the shitcoin as a middle man
People want goverment fiat in the end

>>So it's just a company with better prices?
>it's a blockchain, using the energy market as one of its main first use cases.
>>Why do they need the token for?
>because it's a blockchain.
>why would one use blockchain technology
>to use blockchain
>but why?
>but u hav to use blockchain
Shitcoin arguments

>>19199951
And lition energy ag is the new useless middle man, but it uses bockchain instead of gov fiat !!! Buy my shitcoin
>its easyer to do that shit without crypto

[Anonymous No.19200207]

>>19200161
(You)

[Anonymous No.19200239]

>>19200161

[Anonymous No.19200266]

>>19200161
>Im german electric energy engineer u dumb fuck
So you are not only retarded but also literally someone who would be culled when green energy technologies and P2P energy market places take in your place.
hahaha....HAHAHAHAHAHAHAHA HOW FUCKING IRONIC, ISNT IT?
GET FUCKED YOU JEW

[Anonymous No.19200405]

>>19200161
>Im german electric energy engineer u dumb fuck
My dad works for Nintendo and says pikablue is real

[Anonymous No.19200479]

>>19200266
Dunno what you think i do, but i dont get culled because of a change of payment method for energy
The energy still needs to be created, and it needs to get send via cables
People want to pay their bill in government fiat and want to sell their energy for government fiat
The shitcoin doesn't change that

Im also massively into decentralized green energy, if you want a good stock, sma solar technologies
Ticker s92
They do solar inverters and stuff like that which truly enables decentralized energy production, not some funny internet token

[Anonymous No.19200532]

>>19200479
do you work on creating energy ie plants or distributing it ie cable shit.

[Anonymous No.19200710]

>>19200532
Do you really think the companies who OWN the cables are in danger somehow because of this shitcoin?

[Anonymous No.19200745]

>>19200479
Are you retarded? Bills etc. are still payed for with fiat you brainlet. I am German as well and just switched my provider to them. The average Joe can completely ignore the underlying blockchain an cc.

[Anonymous No.19200758]

>>19200479
Well guess what, numbnuts? They are paying with FIAT money IF THEY WANT and it doesnt even matter since the FIAT money getting send will be noted on a blockchain which retardedly more faster, more secure and cheaper than some normie startup like yours might be one.

BUT WAIT...THERE IS MORE!

This is just ONE usecase, which gets 1000 new customers PER DAY. They have their Proof-of-Existence usecase with on law pilots that are generating tx.

BUT WE ARE NOT DONE YET

In coorperation with the cooperative banking complex Volksbanken und Raiffeisenbanken they they will be distributing a 20 million € worth syndicated loan for a building. People can use this syndicated loan usecase to lend and borrow money without pesky banks who could simply deny you a loan.

Im sorry but your boomer ass is waaaay behind + you dont even know why a blockchain is in any way more competitive than your average financial ecosystem from today. Now go fuck yourselves.

[Anonymous No.19200802]

>>19200710
no they are not the ones in danger the guys who buys electricity from energy plants to then resell it to the public are the ones who are fucked ie the middleman, i dont care if you buy shition or not i hope you dont because my stake will be less. Midwits like you should just kys.

[Anonymous No.19200919]

>>19200758
I believe in Lition and am invested in it, but they aren't gaining 1000 customers per day. That was a per month rate, I believe. They haven't mentioned how many customers join per day after the commercials have released, so we don't really know their numbers right now, unless I'm uninformed.

[Anonymous No.19200924]

>>19200758
>>19200802
>>19200745
Based
Based
Based
All have been reported

[Anonymous No.19200933]

>>19200802
Those people are not engineers
>>19200758
>but ist muh blockchain
But why?
What for?
What advantages do you get out from it being a blockchain and what stops anyone from just setting up the very same system again but without you idiots owning some of the coins?
>>19200745
How do you convert fiat into shitcoin?
could it maybe be through a third party?

[Anonymous No.19200945]

>>19200802
Yeah I don't even see their point. People can use fiat. His job has nothing to do with this. At all.

[Anonymous No.19201000]

>>19200919
Richard literally said thousands per day in the last AMA. DYOR

[Anonymous No.19201040]

>>19200933
Because its more efficient as I said before? Dude do you need some serious fucking spoonfeeding? Will some normie video about Blockchains, Bitcoins and Ethereums suffice or are you beyond help? Why are you even here lmao

[Anonymous No.19201146]

>>19200945
the blockchain will probably be a base layer so the normies will not even realize that they are using it or it will be as simple as converting it with one button then paying. In the end it all comes down to one thing, the company known as lition using the lition blockchain is able to offer energy 20% cheaper than the rest of the market while improving profits by 30% and normies will only care about saving that 20% of their bill they dont care if its a little bit more complicated since they learn it fast enough.

[Anonymous No.19201218]

>>19201146
This. Blockchain is not only about buying a token to use a service. Blockchains are working in the background like centralized servers. Blockchain gives you not always a new way of business but rather a much much more efficient infrastructure for financial ecosystems of companies.

[Anonymous No.19201257]

>>19201040
Bitcoin is a gigantic waste of energy, its also a snowball system and owned by china
Ethereum is the meta shitcoins to trade all shitcoins
If you used blockchain in smart meters just so every input and output is recorded thats fine, but why would anyone invest in such a token?
Why would it rise in value?
Is the total ammount limited? If thats the case its a shit way to trade energy thats designed as a snowball scam

[Anonymous No.19201471]

>>19201257
Based fucking retard. I am lost for words. But oh well...time will tell, you ignorant boomer :^)

[Anonymous No.19201609]

>>19201257
Damn I just realized you're totally right. It's indefinitely better to use fiat money as the total amount of fiat currency is not limited, printer just has to go brrrrrrrr. That's clearly the superior way to trade energy.

[Anonymous No.19201655]

Here, since there is some actual discussion going https://www.youtube.com/watch?v=HAiFArPVkcU&t=60s
Some food for the doubters

[Anonymous No.19202168]

https://www.youtube.com/watch?v=8-WWGP6XKc8&feature=emb_title

Fuck it! One more. Speaking infront of the leading party in Germany, teaching them boomers about blockchains n shit. (Him speaking starts at 54 minutes I think).

[Anonymous No.19202276]

>>19201000
Damn I'll give it a relisten. I guess I misheard him.