LTO Network
LTO
#556
LTO Network (LTO) is a blockchain token that automates business processes. With the help of the project, companies can organize cooperation based on distributed registry technology.
News about LTO Network
LTO NetworkLTO #556
07 Nov 2022, 10:06
25K followers! π₯³β‘οΈ
A huge shoutout to our awesome community. To celebrate we are doing an $LTO giveaway! π
Details in comments π
#CryptocurrencyNews #btc
25K followers. A huge shoutout to our awesome community. To celebrate we are doing an $LTO giveaway. Details in comments.25K followers! π₯³β‘οΈ
A huge shoutout to our awesome community. To celebrate we are doing an $LTO giveaway! π
Details in comments π
#CryptocurrencyNews #btc https://t.co/rO9wSdutnA
LTO NetworkLTO #556
04 Nov 2022, 10:56
β‘οΈ LTO Network Stats Report
Week ending Friday 4th November.
Network Activity - 277,257 Operations
Nodes - 92
Mainnet Uptime - 1388 Days
Amount Staked - 124,055,438 $LTO
#cryptocurrency
οΈ LTO Network Stats Report. Week ending Friday 4th November. Network Activity - 277,257 Operations. Nodes - 92.β‘οΈ LTO Network Stats Report
Week ending Friday 4th November.
Network Activity - 277,257 Operations
Nodes - 92
Mainnet Uptime - 1388 Days
Amount Staked - 124,055,438 $LTO
#cryptocurrency https://t.co/HWmSlIKnqP
LTO NetworkLTO #556
03 Nov 2022, 11:44
Good news for @coinmetro users!πππ
You can now stake your $LTO on the mainnet using the Coinmetro exchange. β‘οΈ
#juicy #cryptocurrency
Good news for @coinmetro users. You can now stake your $LTO on the mainnet using the Coinmetro exchange. #juicy #cryptocurrency.Good news for @coinmetro users!πππ
You can now stake your $LTO on the mainnet using the Coinmetro exchange. β‘οΈ
#juicy #cryptocurrency https://t.co/SrABMjpBaK
LTO NetworkLTO #556
31 Oct 2022, 10:27
We are ACTIVE on @CoinMarketCap! π
β‘οΈ Live Chat
β‘οΈ Statistics
β‘οΈ Alerts
β‘οΈ Watchlist
β‘οΈ Latest News + more.
Follow us today!
π₯ Here:
$LTO #cryptotwitter #blockchain
We are ACTIVE on @CoinMarketCap. οΈ Live Chat. οΈ Statistics. οΈ Alerts. οΈ Watchlist. οΈ Latest News + more. Follow us today. Here:.We are ACTIVE on @CoinMarketCap! π
β‘οΈ Live Chat
β‘οΈ Statistics
β‘οΈ Alerts
β‘οΈ Watchlist
β‘οΈ Latest News + more.
Follow us today!
π₯ Here: https://t.co/EdDJ8KWVR6
$LTO #cryptotwitter #blockchain https://t.co/kQlouwZWcH
LTO NetworkLTO #556
27 Oct 2022, 10:05
π£ Announcement
Using our M&A Fund, we have made a financial investment into Swiss company, ScanTrust.
Together we will tackle counterfeit product trade using QR codes and blockchain.
π₯ Read:
$lto #Blockchain #CryptocurrencyNews
Announcement. Using our M&A Fund, we have made a financial investment into Swiss company, ScanTrust.π£ Announcement
Using our M&A Fund, we have made a financial investment into Swiss company, ScanTrust.
Together we will tackle counterfeit product trade using QR codes and blockchain.
π₯ Read: https://t.co/UrVqbu86ou
$lto #Blockchain #CryptocurrencyNews https://t.co/ZgPesue8D8
LTO NetworkLTO #556
26 Oct 2022, 13:53
You can now use $LTO to send & receive payments for jobs, freelance work and tasks on @join_hyve π
Thats's exciting! π
#Web3 #Utility #cryptocurrecy
π€#Identity, #privacy and #ownership are vital pillars of the #blockchain space.
π@TheLTONetwork perfectly balances them out, fostering user and business adoption!
πRead more about our latest #token integration:
You can now use $LTO to send & receive payments for jobs, freelance work and tasks on @join_hyve. Thats's exciting.You can now use $LTO to send & receive payments for jobs, freelance work and tasks on @join_hyve π
Thats's exciting! π
#Web3 #Utility #cryptocurrecy https://t.co/ucC41YnHHf
π€#Identity, #privacy and #ownership are vital pillars of the #blockchain space.
π@TheLTONetwork perfectly balances them out, fostering user and business adoption!
πRead more about our latest #token integration: https://t.co/GjPmp2HQZf
LTO NetworkLTO #556
25 Oct 2022, 11:46
β
Announcing our Community Incentive Fund.
Designed to empower and harness our community's efforts to build a stronger ecosystem. π€
π₯ Read More:
$LTO #cryptotwitter #blockchain
Announcing our Community Incentive Fund. Designed to empower and harness our community's efforts to build a stronger ecosystem.β
Announcing our Community Incentive Fund.
Designed to empower and harness our community's efforts to build a stronger ecosystem. π€
π₯ Read More: https://t.co/yXGOTKpdc6
$LTO #cryptotwitter #blockchain https://t.co/gwSnElaBRG
LTO NetworkLTO #556
21 Oct 2022, 11:06
OUR SOCIAL ENGAGEMENT IS GROWING!β‘οΈ
We are excited to see the significant increase in our social engagements.
Our ecosystem is filled with revolutionary capabilities & we are happy to share it with the world. π
π Source: @LunarCrush
$LTO #cryptotwitter
OUR SOCIAL ENGAGEMENT IS GROWING. We are excited to see the significant increase in our social engagements.OUR SOCIAL ENGAGEMENT IS GROWING!β‘οΈ
We are excited to see the significant increase in our social engagements.
Our ecosystem is filled with revolutionary capabilities & we are happy to share it with the world. π
π Source: @LunarCrush
$LTO #cryptotwitter https://t.co/DGk6PqWiMK
LTO NetworkLTO #556
21 Oct 2022, 00:25
Want to learn how to stake your LTO Coins on our mainnet and participate in rewards? π§
We made a simple guide for you!
πΉ Watch:
Want to learn how to stake your LTO Coins on our mainnet and participate in rewards. We made a simple guide for you. Watch:.Want to learn how to stake your LTO Coins on our mainnet and participate in rewards? π§
We made a simple guide for you!
πΉ Watch: http://youtu.be/yKpQBa1oP98
LTO NetworkLTO #556
21 Oct 2022, 00:01
LTO NetworkLTO #556
20 Oct 2022, 11:18
Hello everyone,
Thereβs a scam LTO page circulating on Twitter promising fake airdrops, their page is almost a replica of our page, and they even created a fake website already and are copying a lot of our posts.
It has also come to my notice that some of our members are unknowingly engaging in their posts.
Please before engaging a post, try to double check if itβs our Official page, if you can. And if you somehow come across the fake page, please REPORT it.
And always remember anything that looks too good to be true is most likely a SCAM.
Stay safe everyoneβπ½.
Hello everyone,.Hello everyone,
Thereβs a scam LTO page circulating on Twitter promising fake airdrops, their page is almost a replica of our page, and they even created a fake website already and are copying a lot of our posts.
It has also come to my notice that some of our members are unknowingly engaging in their posts.
Please before engaging a post, try to double check if itβs our Official page, if you can. And if you somehow come across the fake page, please REPORT it.
And always remember anything that looks too good to be true is most likely a SCAM.
Stay safe everyoneβπ½.
LTO NetworkLTO #556
20 Oct 2022, 09:35
RT @MyOwnables: If you want to experiment with creating an Ownable, you can start now on the LTO Network TESTNET! π©βπ€β‘οΈ
π₯ Here: https://t.β¦
RT @MyOwnables: If you want to experiment with creating an Ownable, you can start now on the LTO Network TESTNET.RT @MyOwnables: If you want to experiment with creating an Ownable, you can start now on the LTO Network TESTNET! π©βπ€β‘οΈ
π₯ Here: https://t.β¦
LTO NetworkLTO #556
19 Oct 2022, 02:37
Dear Community. Please be aware that with additional excitement around LTO, there are more scams than usual! Don't send your wallet info, seed phrase, or coins to anyone pretending to be LTO Network.
Check URL's
The OFFICIAL Website is - some scams use a similar spelling to trick you, please be careful.
If you are unsure about anything, ask fellow community members. And remember, admins will NOT send you private/direct messages.
Stay safe!
LTO Network
Dear Community. Please be aware that with additional excitement around LTO, there are more scams than usual.Dear Community. Please be aware that with additional excitement around LTO, there are more scams than usual! Don't send your wallet info, seed phrase, or coins to anyone pretending to be LTO Network.
Check URL's
The OFFICIAL Website is https://ltonetwork.com - some scams use a similar spelling to trick you, please be careful.
If you are unsure about anything, ask fellow community members. And remember, admins will NOT send you private/direct messages.
Stay safe!
LTO Network
LTO NetworkLTO #556
18 Oct 2022, 12:26
NEWBIE GUIDE π
A Mainnet wallet will let you stake your $LTO and participate in #JUICY staking rewards.π§β‘οΈ
Learn how using this handy guide!
π₯ Here:
#ownables #proofi #cryptocurrency
NEWBIE GUIDE. A Mainnet wallet will let you stake your $LTO and participate in #JUICY staking rewards.NEWBIE GUIDE π
A Mainnet wallet will let you stake your $LTO and participate in #JUICY staking rewards.π§β‘οΈ
Learn how using this handy guide!
π₯ Here: https://t.co/Z9rsg5L8vU
#ownables #proofi #cryptocurrency
LTO NetworkLTO #556
17 Oct 2022, 17:58
STAY UP-TO-DATE WITH US ON TELEGRAM.
π Official -
π Community Price Discussion -
π£ Announcements -
π» Tech Lab -
π£οΈ Push -
$LTO #ownables #Proofi
STAY UP-TO-DATE WITH US ON TELEGRAM. Official -. Community Price Discussion -. Announcements -. Tech Lab -. Push -.STAY UP-TO-DATE WITH US ON TELEGRAM.
π Official - https://t.co/La8QJN6cmy
π Community Price Discussion - https://t.co/BwawzLqwvW
π£ Announcements - https://t.co/cenvP5t2SX
π» Tech Lab - https://t.co/e1ByRPLodQ
π£οΈ Push - https://t.co/D9LDxpwrwQ
$LTO #ownablesΒ #Proofi
LTO NetworkLTO #556
17 Oct 2022, 11:10
DEV TEAM UPDATE π§
Dear Community. As part of our ongoing effort to shine a light on our development team's progress, please find the latest info about what the team is working on from the stuff we can share publicly:
- Ownables alpha is progressing nicely, we are currently adding the API updates which include our Event Chain 2.0
- The above will then be added to the Ownables Demo and itβs basically done
- The team has updated the Proofi demo to have a guided tour system.
- We are now drafting the text for the Proofi NFT demo guided tour.
- We made a deadline for when to finished Proofi 1.0
- In light of the massive recent activity, Arnold and I are monitoring our tokenomics for any potential minor improvements.
- We are looking at our land registration codebase more heavily and will share some info about this soon
- Marketing is working with Dev team to create some visual assets to be used in public messaging about the various projects
DEV TEAM UPDATE. Dear Community.DEV TEAM UPDATE π§
Dear Community. As part of our ongoing effort to shine a light on our development team's progress, please find the latest info about what the team is working on from the stuff we can share publicly:
- Ownables alpha is progressing nicely, we are currently adding the API updates which include our Event Chain 2.0
- The above will then be added to the Ownables Demo and itβs basically done
- The team has updated the Proofi demo to have a guided tour system.
- We are now drafting the text for the Proofi NFT demo guided tour.
- We made a deadline for when to finished Proofi 1.0
- In light of the massive recent activity, Arnold and I are monitoring our tokenomics for any potential minor improvements.
- We are looking at our land registration codebase more heavily and will share some info about this soon
- Marketing is working with Dev team to create some visual assets to be used in public messaging about the various projects
LTO NetworkLTO #556
16 Oct 2022, 12:56
Hey LTOnauts! Giving you all a quick heads up that we are allocating 10M LTO to boost and maintain the liquidity during this time. For transparency purposes see the transaction (tx id: ttps://explorer.lto.network/transaction/AouU1Dbw8Q6E4BMkYxzsvp5f1SrqNkTyTpFQVdX1gQqE
More details on the partnership coming next week!
Lets gooooo!
Hey LTOnauts.Hey LTOnauts! Giving you all a quick heads up that we are allocating 10M LTO to boost and maintain the liquidity during this time. For transparency purposes see the transaction (tx id: ttps://explorer.lto.network/transaction/AouU1Dbw8Q6E4BMkYxzsvp5f1SrqNkTyTpFQVdX1gQqE
More details on the partnership coming next week!
Lets gooooo!
LTO NetworkLTO #556
16 Oct 2022, 01:55
2022 is shaping up to be a year full of huge milestones for the LTO Network. π©βπ€
β‘οΈ #Ownables
β‘οΈ Proofi with @chainlink
β‘οΈ Juicy Tokenomics
β‘οΈ LTO Universal Wallet
Learn more about what $LTO has been up to this year in our latest blog post.
π₯ Read:
2022 is shaping up to be a year full of huge milestones for the LTO Network. οΈ #Ownables. οΈ Proofi with @chainlink.2022 is shaping up to be a year full of huge milestones for the LTO Network. π©βπ€
β‘οΈ #Ownables
β‘οΈ Proofi with @chainlink
β‘οΈ Juicy Tokenomics
β‘οΈ LTO Universal Wallet
Learn more about what $LTO has been up to this year in our latest blog post.
π₯ Read: https://t.co/mGSSpyylWP https://t.co/INgXzWB02l
LTO NetworkLTO #556
15 Oct 2022, 22:57
Want to learn how to stake your $LTO Coins on our mainnet and participate in rewards? π§
We made a simple guide for you!
πΉ Watch:
#JUICY #web3 #btc
Want to learn how to stake your $LTO Coins on our mainnet and participate in rewards. We made a simple guide for you. Watch:.Want to learn how to stake your $LTO Coins on our mainnet and participate in rewards? π§
We made a simple guide for you!
πΉ Watch: https://t.co/5WioGAs1lN
#JUICY #web3 #btc
LTO NetworkLTO #556
13 Oct 2022, 11:25
Who is the master of the word hunt ? π
𧩠PUZZLE TIME!
We will post a puzzle on #Ownablesπ©βπ€ Discord Community.
3 X hoodie winners will be selectedβ‘οΈ
To enter:
π¬ RT this tweet
π₯ Tag 2 x Friends
π Join Ownables Discord Community
Solve the 11 word puzzle! π
π₯ Discord Link:
$LTO #BTC
Who is the master of the word hunt . PUZZLE TIME. We will post a puzzle on #Ownablesβ Discord Community.Who is the master of the word hunt ? π https://t.co/oCSOYHyRt6
𧩠PUZZLE TIME!
We will post a puzzle on #Ownablesπ©βπ€ Discord Community.
3 X hoodie winners will be selectedβ‘οΈ
To enter:
π¬ RT this tweet
π₯ Tag 2 x Friends
π Join Ownables Discord Community
Solve the 11 word puzzle! π
π₯ Discord Link: https://t.co/wwIaWk7uOK
$LTO #BTC https://t.co/8gtIfR75xM
LTO NetworkLTO #556
07 Oct 2022, 09:10
Hey @ltonauts I have an announcement to make.
We used the LTO M&A fund to make a private investment into a rapidly growing tech company.
The profit from this investment will be used to grow and expand our company, but also will also bring in usage to our network.
@itsnaderi has made a press release which will be shared with the world once the funding round is closed and we can then share details about the investment. Bullish!
Hey @ltonauts I have an announcement to make.Hey @ltonauts I have an announcement to make.
We used the LTO M&A fund to make a private investment into a rapidly growing tech company.
The profit from this investment will be used to grow and expand our company, but also will also bring in usage to our network.
@itsnaderi has made a press release which will be shared with the world once the funding round is closed and we can then share details about the investment. Bullish!
LTO NetworkLTO #556
06 Oct 2022, 21:42
RT @CoinMetro: The huge Titanium Upgrade has been activated on the @TheLTONetwork testnet! π₯
A truly decentralized solution for digital owβ¦
RT @CoinMetro: The huge Titanium Upgrade has been activated on the @TheLTONetwork testnet.RT @CoinMetro: The huge Titanium Upgrade has been activated on the @TheLTONetwork testnet! π₯
A truly decentralized solution for digital owβ¦
LTO NetworkLTO #556
06 Oct 2022, 12:58
We can't decide which Hoodie design to go with.. Have your say!
LIKE + π₯ in comments for Hoodie 1
RT + β
in comments for Hoodie 2
We will giveaway 3 hoodies of the winning design π¨
$LTO #ownables #blockchain
We can't decide which Hoodie design to go with. Have your say. LIKE + in comments for Hoodie 1. RT + in comments for Hoodie 2.We can't decide which Hoodie design to go with.. Have your say!
LIKE + π₯ in comments for Hoodie 1
RT + β
in comments for Hoodie 2
We will giveaway 3 hoodies of the winning designΒ π¨
$LTO #ownables #blockchain https://t.co/4ZduU7IkDq
LTO NetworkLTO #556
05 Oct 2022, 13:32
Dear Community,
The team will move some coin from the M&A fund to make a corporate investment.
Rick will make a more formal announcement tomorrow or so, he has some TG connection issues atm, but I wanted to give you guys a heads up until then as i'm going to bed shortly.
Dear Community,. The team will move some coin from the M&A fund to make a corporate investment.Dear Community,
The team will move some coin from the M&A fund to make a corporate investment.
Rick will make a more formal announcement tomorrow or so, he has some TG connection issues atm, but I wanted to give you guys a heads up until then as i'm going to bed shortly.
LTO NetworkLTO #556
04 Oct 2022, 12:17
Our dev team is on fire π₯π§
We are almost finished with:
β
Proofi Public NFT Beta
β
#Ownables Public Alpha
This will give our community the opportunity to get their hands directly on some of our cutting edge technology.
@MyOwnables $lto #APY
Our dev team is on fire. We are almost finished with:. Proofi Public NFT Beta. #Ownables Public Alpha.Our dev team is on fire π₯π§
We are almost finished with:
β
Proofi Public NFT Beta
β
#Ownables Public Alpha
This will give our community the opportunity to get their hands directly on some of our cutting edge technology.
@MyOwnables $lto #APY
LTO NetworkLTO #556
29 Sep 2022, 10:29
We are entering a new phase of decentralized land registration. πβ‘οΈ
Our development team have informed us that updates to the goLandRegistry public Repository are set to commence.
$LTO @UN #blockchain
We are entering a new phase of decentralized land registration.We are entering a new phase of decentralized land registration. πβ‘οΈ
Our development team have informed us that updates to the goLandRegistry public Repository are set to commence.
$LTO @UN #blockchain https://t.co/hUrdSqbSbH
LTO NetworkLTO #556
28 Sep 2022, 10:30
LTO Universal Wallet Alpha is HERE!β‘οΈ
Our native iOS & Android wallet will unify our technologies including transactions, identities & #Ownablesπ©βπ€
Closed circle testing with our community will commence immediately.
π₯ More:
$LTO #defi @wealizedigital
LTO Universal Wallet Alpha is HERE.LTO Universal Wallet Alpha is HERE!β‘οΈ
Our native iOS & Android wallet will unify our technologies including transactions, identities & #Ownablesπ©βπ€
Closed circle testing with our community will commence immediately.
π₯ More: https://t.co/OlCYFy9Ly5
$LTO #defi @wealizedigital https://t.co/OE1hrQulF8
LTO NetworkLTO #556
27 Sep 2022, 10:36
When you stake your $LTO coins on our Mainnet, you donβt have to send your coins to anyone. It stays safe and secure in your own wallet! πβ‘οΈ
πΉ HOW TO STAKE:
#ownables #web3 #btc #staking #crypto
When you stake your $LTO coins on our Mainnet, you don't have to send your coins to anyone.When you stake your $LTO coins on our Mainnet, you donβt have to send your coins to anyone. It stays safe and secure in your own wallet! πβ‘οΈ
πΉ HOW TO STAKE: https://t.co/5WioGAKazV
#ownables #web3 #btc #staking #crypto
LTO NetworkLTO #556
23 Sep 2022, 13:04
We made a guide for how to buy $LTO on a Centralized Exchange
Check out the video! π
πΉ Watch:
#cryptocurrency #btc
We made a guide for how to buy $LTO on a Centralized Exchange. Check out the video. Watch:. #cryptocurrency #btc.We made a guide for how to buy $LTO on a Centralized Exchange
Check out the video! π
πΉ Watch: https://t.co/2aRYNBe2hk
#cryptocurrency #btc
LTO NetworkLTO #556
21 Sep 2022, 13:39
Did you miss our first ever @MyOwnables Community Hub? π©βπ€
Still want to know more about the road ahead?
Take a deep dive into this Recap! π
π₯ Read:
$LTO #ownables #btc
Did you miss our first ever @MyOwnables Community Hub. Still want to know more about the road ahead.Did you miss our first ever @MyOwnables Community Hub? π©βπ€
Still want to know more about the road ahead?
Take a deep dive into this Recap! π
π₯ Read: https://t.co/rl6VISACNA
$LTO #ownables #btc https://t.co/gyM8tHrNRp
LTO NetworkLTO #556
20 Sep 2022, 07:01
Want to know more about Ownables?π©βπ€
Ask the team at our AMA!
β
Get ready for our next Community Hub!
Topic: Ownables π©βπ€
We will host an in-depth discussion with our dev team about Ownables & the road ahead.
AMA + giveaways. π€
π WHERE:
β° DATE & TIME: Tuesday, Sept 20th, 15:00 CET.
$LTO #ownables #discord
Want to know more about Ownables. Ask the team at our AMA. Get ready for our next Community Hub. Topic: Ownables β.Want to know more about Ownables?π©βπ€
Ask the team at our AMA! https://t.co/vwDAw6njXs
β
Get ready for our next Community Hub!
Topic: Ownables π©βπ€
We will host an in-depth discussion with our dev team about Ownables & the road ahead.
AMA + giveaways. π€
π WHERE: https://t.co/9oAU7ZtaUq
β° DATE & TIME: Tuesday, Sept 20th, 15:00 CET.
$LTO #ownables #discord https://t.co/3GfoCqkq8M
LTO NetworkLTO #556
16 Sep 2022, 11:18
Ownables Community Hub announced!
Ownables Community Hub announced.Ownables Community Hub announced!
LTO NetworkLTO #556
14 Sep 2022, 14:31
There's many crypto projects out there. There's about 450 ahead of us until Bitcoin.
I am confident that at least 300 of those are not providing anything of true value to the world. They're not adding to blockchain, they're not delivering anything that's actually useful.
We have technology that delivers utility.
We have technology that solves issues around privacy.
We have technology that makes NFT's feel like a dinosaur.
When our team says we will deliver something, we do it! We deliver!
We are going to do our damned hardest to be heard.
Death to fudders, long live LTO!
There's many crypto projects out there. There's about 450 ahead of us until Bitcoin.There's many crypto projects out there. There's about 450 ahead of us until Bitcoin.
I am confident that at least 300 of those are not providing anything of true value to the world. They're not adding to blockchain, they're not delivering anything that's actually useful.
We have technology that delivers utility.
We have technology that solves issues around privacy.
We have technology that makes NFT's feel like a dinosaur.
When our team says we will deliver something, we do it! We deliver!
We are going to do our damned hardest to be heard.
Death to fudders, long live LTO!
LTO NetworkLTO #556
13 Sep 2022, 08:32
https://twitter.com/theltonetwork/status/1569604285536550913?s=46&t=3hl0mxSJ07EpNNduRNnNuw
LTO NetworkLTO #556
31 Aug 2022, 10:12
I've brought Reports on LTO Network back! The first new edition is OUT NOW!
I've brought Reports on LTO Network back. The first new edition is OUT NOW.I've brought Reports on LTO Network back! The first new edition is OUT NOW!
LTO NetworkLTO #556
30 Aug 2022, 13:03
https://twitter.com/theltonetwork/status/1564598105663750145
LTO NetworkLTO #556
18 Aug 2022, 12:23
https://twitter.com/theltonetwork/status/1560234850111692800?s=
LTO NetworkLTO #556
13 Aug 2022, 07:42
This post below was from Reddit. It really highlights my feelings of where we are at as a whole with blockchain technology. π§
-------------------------------
So, former fintech worker here. There are two things you need to be aware of for this discussion.
First, it takes a pretty long time for new tech to find its way into the industry and mature. AI and Machine-Learning sound fancy, but they've actually been around since at least the 80s - and the bar for making something technically 'artificially intelligent' isn't very high. "Cloud computing" has existed conceptually for several decades and has had implementations at least as early as the 90s, usually under the moniker of "distributed computing" or something similar.
Databases have existed, conceptually, since at least the 50s, and we had decently well-known database solutions such as IMS starting in the 60s. But databases were clunky, hard-to-work with, painful to license, and computationally expensive until around the 80s. The tech world has had nearly 80 years - nearly a century - to figure databases and integrate them into everything.
Smartphones. Ooooh, what about those? Those are new. No, actually, they're not. A modern smartphone is a PDA with the ability to make phone calls. Guess what; PDAs have existed since the 80s. PDAs that could make phone calls - since the 90s.
Here's the dirty secret about the tech world: nothing's new. All the "bleeding edge" technology out there is actually at least ten to twenty years old in concept, often more. Early implementations tend to suck, and it's only with iteration that things get better. And there's often no reason to go bleeding edge when contemporary solutions will work just as fine.
That last bit is important for the second part to this: the entire cryptocurrency ecosystem, as it exists today, sucks. It sucks hard. Rampant insecurity, consistently inconsistent network conditions, high cost of use, slow speeds (relative to mainstream solutions), shady and unprofessional development teams, et cetera ad nauseam. To adopt anything in the crypto space right now, not only do you have to justify not going with existing technology that will work just fine, you have to take on excessive amounts of risk for debatable gain.
And even if you individually really, truly believe it's worth the risk... You have to convince other people that it is. It's a very hard sell to anyone in management who isn't already a crypto fanatic. Enterprises do not just replace their entire infrastructure with experimental technologies because it might get them a head start - especially when you consider that early implementations are often completely inferior to later ones, and you don't want to have to go through the very expensive process of restructuring everything not once but twice when all the kinks are worked out.
The reason big tech hasn't adopted blockchain in a big way is because we're so early technologically that we're basically in its infancy - and despite common belief otherwise, that isn't a good thing. The reason companies are adopting cryptocurrency right now is to cash in on the current hype. Real embracement of the technology on a deep level that isn't just a quick cash-in will, like everything else that's come before, take decades.
And that comes with an entire array of hefty assumptions about the roles crypto can fill.
This post below was from Reddit. It really highlights my feelings of where we are at as a whole with blockchain technology.This post below was from Reddit. It really highlights my feelings of where we are at as a whole with blockchain technology. π§
-------------------------------
So, former fintech worker here. There are two things you need to be aware of for this discussion.
First, it takes a pretty long time for new tech to find its way into the industry and mature. AI and Machine-Learning sound fancy, but they've actually been around since at least the 80s - and the bar for making something technically 'artificially intelligent' isn't very high. "Cloud computing" has existed conceptually for several decades and has had implementations at least as early as the 90s, usually under the moniker of "distributed computing" or something similar.
Databases have existed, conceptually, since at least the 50s, and we had decently well-known database solutions such as IMS starting in the 60s. But databases were clunky, hard-to-work with, painful to license, and computationally expensive until around the 80s. The tech world has had nearly 80 years - nearly a century - to figure databases and integrate them into everything.
Smartphones. Ooooh, what about those? Those are new. No, actually, they're not. A modern smartphone is a PDA with the ability to make phone calls. Guess what; PDAs have existed since the 80s. PDAs that could make phone calls - since the 90s.
Here's the dirty secret about the tech world: nothing's new. All the "bleeding edge" technology out there is actually at least ten to twenty years old in concept, often more. Early implementations tend to suck, and it's only with iteration that things get better. And there's often no reason to go bleeding edge when contemporary solutions will work just as fine.
That last bit is important for the second part to this: the entire cryptocurrency ecosystem, as it exists today, sucks. It sucks hard. Rampant insecurity, consistently inconsistent network conditions, high cost of use, slow speeds (relative to mainstream solutions), shady and unprofessional development teams, et cetera ad nauseam. To adopt anything in the crypto space right now, not only do you have to justify not going with existing technology that will work just fine, you have to take on excessive amounts of risk for debatable gain.
And even if you individually really, truly believe it's worth the risk... You have to convince other people that it is. It's a very hard sell to anyone in management who isn't already a crypto fanatic. Enterprises do not just replace their entire infrastructure with experimental technologies because it might get them a head start - especially when you consider that early implementations are often completely inferior to later ones, and you don't want to have to go through the very expensive process of restructuring everything not once but twice when all the kinks are worked out.
The reason big tech hasn't adopted blockchain in a big way is because we're so early technologically that we're basically in its infancy - and despite common belief otherwise, that isn't a good thing. The reason companies are adopting cryptocurrency right now is to cash in on the current hype. Real embracement of the technology on a deep level that isn't just a quick cash-in will, like everything else that's come before, take decades.
And that comes with an entire array of hefty assumptions about the roles crypto can fill.
LTO NetworkLTO #556
03 Aug 2022, 10:15
Hey LTONauts!
@itsnaderi said you would like an update on how the Symposium at LesA went!
Hereβs an overview for you all.
Hey LTONauts. @itsnaderi said you would like an update on how the Symposium at LesA went. Here's an overview for you all.Hey LTONauts!
@itsnaderi said you would like an update on how the Symposium at LesA went!
Hereβs an overview for you all.
LTO NetworkLTO #556
11 Jul 2022, 14:41
Our partnership with LesA is a pilot. It's leading the way forward in identity technology in Casinos and gambling. If the pilot is successful then the next stage is to progress to a wider number of use cases.
We are doing something nobody else has done before, using new technology in an industry that is heavily regulated.
The pilot program will clarify the capability of the project from a tech point of view, but also start overcoming or understanding the regulatory hurdles, then we can grow it from there.
You guys need to understand, you are speculating price action of a coin in a project for tech that is at the absolute cutting edge of computer and IT technology. Almost everything we do, we are one of the first to do it.
Our partnership with LesA is a pilot. It's leading the way forward in identity technology in Casinos and gambling.Our partnership with LesA is a pilot. It's leading the way forward in identity technology in Casinos and gambling. If the pilot is successful then the next stage is to progress to a wider number of use cases.
We are doing something nobody else has done before, using new technology in an industry that is heavily regulated.
The pilot program will clarify the capability of the project from a tech point of view, but also start overcoming or understanding the regulatory hurdles, then we can grow it from there.
You guys need to understand, you are speculating price action of a coin in a project for tech that is at the absolute cutting edge of computer and IT technology. Almost everything we do, we are one of the first to do it.
LTO NetworkLTO #556
07 Jul 2022, 12:52
https://twitter.com/TheLTONetwork/status/1545022323861995520
LTO NetworkLTO #556
05 Jul 2022, 16:45
Guys! We can bundle our powers as a community and fight to get $LTO listed on MEXC. π Deposit contest starting tomorrow. 24 hours. Amount of users depositing is what counts (not total amount LTO deposited).
We can bundle our powers as a community and fight to get $LTO listed on MEXC. Deposit contest starting tomorrow. 24 hours.Guys! We can bundle our powers as a community and fight to get $LTO listed on MEXC. π Deposit contest starting tomorrow. 24 hours. Amount of users depositing is what counts (not total amount LTO deposited).
https://support.mexc.com/hc/en-001/articles/8163615041561-3rd-T%C3%BCrkiye-Special-Deposit-PK-Contest-for-ATK-BLITZ-DBY-LTO-and-WNDR-2-000-MX-Up-for-Grabs-
LTO NetworkLTO #556
05 Jul 2022, 12:02
https://twitter.com/theltonetwork/status/1544290406329749505?s=21&t=eRyngh7oijMv-zjQQcmXhA
LTO NetworkLTO #556
09 Jun 2022, 12:02
https://twitter.com/theltonetwork/status/1534868363830099969?s=21&t=-UeQ8W7CZQ-dTQiZyXhFLw
LTO NetworkLTO #556
08 Jun 2022, 14:39
https://twitter.com/TheLTONetwork/status/1534545388543176706?s=20&t=rcQhZnpryosOt-lSuqgsNg
LTO NetworkLTO #556
02 Jun 2022, 08:00
Hi everyone,
Welcome to our Community Hub! π‘
Today, weβll be hearing from our Chief Architect, @ArnoldDaniels, and @andre059B from our Dev Team! π»
β
Proofi is our new identity solution that can support #dApps across multiple chains to solve KYC problems for DeFi protocols. Proofi is powered by Chainlink.
β
This AMA is focused on how Proofi will solve the issues surrounding KYC and regulation for the DeFi economy!
β
Now we will open up the floor for them to answer any questions from our community!
Hi everyone,. Welcome to our Community Hub.Hi everyone,
Welcome to our Community Hub! π‘
Today, weβll be hearing from our Chief Architect, @ArnoldDaniels, and @andre059B from our Dev Team! π»
β
Proofi is our new identity solution that can support #dApps across multiple chains to solve KYC problems for DeFi protocols. Proofi is powered by Chainlink.
β
This AMA is focused on how Proofi will solve the issues surrounding KYC and regulation for the DeFi economy!
β
Now we will open up the floor for them to answer any questions from our community!
LTO NetworkLTO #556
30 May 2022, 14:03
https://twitter.com/chainlink/status/1531274231589138432?s=20&t=A9eW12u_zydd151ZtnnrfA
LTO NetworkLTO #556
26 May 2022, 13:48
Want a chance to win some JUICY gummy bears? π§ππ§
π’ Shout βJUICYβ in a public place and record it!
π» Send your video here in the chat!
#οΈβ£ Make sure to use this hashtag: #JUICYcontest
Want a chance to win some JUICY gummy bears. Shout "JUICY" in a public place and record it. Send your video here in the chat.Want a chance to win some JUICY gummy bears? π§ππ§
π’ Shout βJUICYβ in a public place and record it!
π» Send your video here in the chat!
#οΈβ£ Make sure to use this hashtag: #JUICYcontest
LTO NetworkLTO #556
18 May 2022, 07:21
https://twitter.com/TheLTONetwork/status/1526823321022898176?s=20&t=ODqjv09IQ3-7N192ygaz3g
Shownews
10
50
100