LTO

Smitty4141

LTO has not stopped building

Smitty4141

LTO is GDPR compliant

TheRealMacresco

Ownables by LTO. Yes they trademarked it. It's like NFT's but instead of the not being on the Blockchain they're actually in your wallet. Could be huge.

Smitty4141

For anyone staking LTO on Binance, don't. You will get over 3x the apy on the LTO mainnet wallet. Xo

the_nibler

Folks, BACK UP YOUR SEED PHRASE! My hard copy just saved my whole LTO wallet that I have 7000 LTO in(like $600). Logged me out for no reason and forgot my device completely. Thankfully I got logged back in no problem thanks to a good old fashioned paper with my password

the_nibler

Check out LTO network they have something for the KYC problems

head77

What is LTO?

Smitty4141

There is only 1 correct place to stake LTO and that is on their Mainnet! Super easy to set up and I recommend joining Zolnode if you're happy with receiving your rewards monthly as he doesn't take any fee from stakers :)

slasula

where are you staking LTO?

nthgen

LTO? 🤣😂😆

Smitty4141

I want to buy more but I have already DCAed all of my left over profits from last bull cycle. 😫 At least I'm getting around 15% APY on my LTO

CryptoNarf

It's not the main focus of the current development, that is pointed at digital content firstly. That said the additions allows easier setup of supplychain tracking which I think could be linked to an ownables as being the digital counterpart of a real world asset, and since LTO already supports decentralized workflows I don't think it would take much to set up a structure like that. There's been proof of concept projects on lto about nano lasered diamants for example in the past. The whole benefit of supply chain on lto (from what I understand from the Titanium blog) is that it allows parties to make statements anywhere in the lifespan of the chain, without the prerequisite of the previous step having made such a statement as well. This should make it easier to start using supply chains if not all parties in the supply chain are willing to participate. Do you have a project idea that you wish to discuss with them?

Junevault

I'm already holding $LTO, but Ownables genuinely sound like a good way to improve upon traditional NFTs.

CryptoNarf

LTO Network has already completed their original whitepaper from back in 2019, as well as their Decentralized Identities technical/litepaper (launched 2021). This is the third larger develop pillar that they are tackling (they focus on identity, privacy and ownership). All the technical groundwork has been done and they are continuously building on top of that. The choice for a litepaper was made to make things as easy digestible as possible for people without needing too much tech knowledge. Some light tech references are in the litepaper though, but in general it is easy to read. You can check it out here: https://blog.ltonetwork.com/litepaper/ Let me know if you want to see the original whitepaper and DID tech/lite paper too, I'm sure I can dig them up quite easily on their website.

Ferdo306

Doing AMA here wouldn't be a bad idea I presume some have heard about LTO but many do not what is it capable of Btw, congrats on the ownables launch

Balantines_ka_choda

Ahh LTO! Long time no see my friend.

brrrrieto

Definitely don't sleep on LTO. Very excited about their partnership with Link

haych-18

LTO network stands out to me the most. - partnership with the United Nations to onboard onto their GoLand Registry (we're talking whole countries onboarding their tech) - NFT 2.0 empowering content creators and allowing true digital ownership of assets. Seriously they are going to make the current NFTs feel like dinosaurs using Myownables. - Their Proofi wallet which allows KYC and AML operations on DeFi wallets whilst maintaining the privacy of the wallet holder. Powered by chainlink who also have acknowledged how promising this project is looking. - They are GDPR complaint. It's GDPR friendly and privacy aware DID solutions are set to enable the continuation of DeFi in a world where governments are trying to regulate it. Go and DYOR guys it offers a lot more and is a sleeping giant.

kanzie_blitz

Yet they are working LTO with https://unhabitat.org/news/02-dec-2020/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry

UFONomura808

I'm getting about 1k LTO monthly from staking Also staking One, CKB, A0, and Link(on cel permanently)

BradVet

Well I originally bought into crypto jan 2018, so i literally bought the absolute peak of the bull run and went red for like two years lol Solid, I believe in moons especially. I’ve always held vet since it was ven, then I like ETH, ALGO and LTO. But looking for one more project that didn’t have a 2021 run lol

TheRealMacresco

Wait until you hear about ownables by LTO

Smitty4141

LTO Network

Odysseus_Lannister

Right? VET and LTO at least try to look legit before they bend you over a table. Shib is blatantly a meme shitcoin

Harold838383

Hey don't lump Vet and LTO in with Shib lol

milonuttigrain

LTO, VET, CKB, NEO, just to name a few in history

nthgen

The problem is that he's lumping Bitcoin in with all the altcoin scams floating around. We don't buy VET or SHIB or LTO to hedge against inflation, we do it because we're degens. Bitcoin is where our degen profits go.

Smitty4141

Not a shitcoin but very low cap. Check out LTO

the_nibler

CKB, LTO, XpR, OPCT, ROSE is at #130

milonuttigrain

With shitcoins timing the entry and the exit is extremely important. This time last year people were still shilling LTO, ONE, CKB, JASMY etc If you bought back then you’d be down over 90%.

the_nibler

I want to know too. I can take a guess at a few but I’m likely wrong. Low cap - CKB LTO MOONS (obviously), maybe OPUL Larger cap - ALGO ATOM HNT SHIB I’m not holding HNT or OPUL Dismounts shill box

BradVet

VET I’ve held since it was VEN. LTO i think is a gem from this sub, LRC has some adoption. I like them. I don’t go for the full cc shill pack though

BradVet

LRC, LTO and VET i’m holding into next run

Beyonderr

I bought LTO, CKB, LRC, CRO, ONE and VET during the summer dip. With these powers combined, I am captain r/CryptoCurrency! Now I am going to sit on my holdings and retire as a billionaire in 2024.

HerpTheDerp62

LTO -> about 50k tx daily still done by real clienst👍

Karaj1n

This one of those juicy dips or nah? 🤷‍♂️ Lets buy some Rose and LTO... 🤭 Because why not

HerpTheDerp62

I sold about 50% atm and will sell about 20% more when it pumps right before the merge. My guess is it will dump right after and i'll be buying back the amount of ETH I had before and the profits will be put in LTO.

Electrical_Potato_21

I still have my LTO tokens that I bought out of pure FOMO last year. I like to have them there as a badge of shame in the portfolio, a reminder never to FOMO again.

arnolddaniels

The LTO private layer isn't a blockchain. It's more like git with consensus. Each git repository hash its own hash chain. Similarly, each LTO process has a separate hash chain. That chain can be deleted if required. Consensus is delegated to the public chain through anchoring. With git you need to solve conflicts manually. On the LTO private layer, they're resolved through the consensus algorithm. Data on the private layer isn't publically distributed but shared between process participants. In a centralized system, the data only recides on the system of the authoritative party. With LTO, you'll have a copy of the data, that's as valid as copies that other parties hold.

haych-18

Companies have very little inscentive to dump coins. If you're a business focusing on anchoring, you're not going to be swing trading. Furthermore, the nodes as well as LTO core team can vote to update the tokenomics to bring balance. So far the tokenomics updates have been designed to bring equilibrium and balance to the community and more control to node operators. It's quite a ridiculous opinion you have and it's clear you've never worked in a real corporate environment before where decisions like that don't just get made casually.

tsumy

So, you weren't asking but shilling? Ok, I ll answer for other redditors anyway. Their core is a functionality focused for a companies or entities which has to deal with huge amounts of files, and they need to verify that these files didn't change etc. To do that, you'll deploy your own server working as a private wallet/API (because to write a md5 in the Blockchain is just useless by itself, you need to admin it). The token is used to pay fees. The amount of required LTO to pay these fees can change at any moment by governance. Practical ELI5 example: imagine that the price of LTO does a 3x. What do you think that would happen? First the company behind would check if it's possible to dump the price. And if not, by governance the lto required to do the same action would be cut to a 1/2 or a 1/3. Automatically making lto worth less. And that proposal would pass, don't even try to think in other way. Their focus is a working product for serious companies, not wannabe speculators If you ve doubts you can contact them, as I had to do for my job.

haych-18

LTO isn't centralised and doesn't set the price. It's one of the few projects out there with real world use cases and application. A partnership with the United Nations is a pretty big deal. They will announce soon what countries will onboard onto the GoLand registry. I mean to have whole countries using your technology seems more than bullish to me. Time will tell how well they do but I personally believe they will make leaps in the next bull market.

ltowner12

[LTO Network](https://chainlinktoday.com/lto-networks-proofi-delivers-defi-identity-verification-solution-via-chainlink/)

RossoneriEA

Sounds good and all, but I don’t expect any price action from LTO in this bear market. Also, hype is king and sadly tech or even utility is not appreciated as much as hype.

haych-18

What's everyone opinion on LTO network? They have a partnership with the UN GoLand registry They describe themselves as a innovative hybrid blockchain application development platform for securing,exchanging and verifying critical data, digital assets and identities.

34Sis

I let this sub do most of my DYOR and ended up investing way too much in ERGO, ALGO, VET and LTO. Only ALGO did relatively well. Regrets, but I've now learned to DYO myself

CryptoNarf

Suit yourself. You've had 2 spikes to exit if you're in since 2020. And the merger failure was not lto's fault (maybe a little because of nativity) but a problem related by the hostile community of the other project. And to my opinion pivot aims is not really what is happening, more an expansion and evolving of what values LTO can offer in the crypto and real world. Where you see pivot, I see additional pillars being build to support a bigger foundation.

CryptoNarf

LTO let you down, or did you let yourself down by getting in at the wrong moment? Depending on your timeframe, LTO is doing just fine as an investment. Those under water right now will see green in the future again, I'm sure. I've had a dozen of projects that were under water from my buy-the-top buys back in 2017/2018. Most of them gave me a bit of profit in last year's bull run in the end anyways, even if they were hollow projects. LTO Network builds too much to not get noticed eventually. These markets are a great time to DCA and with a mainnet APY of 17% right now, it doesn't feel too bad to hold through these markets to be honest.

CryptoNarf

Perhaps this will help things get clearer: [https://medium.com/ltonetwork/the-rise-of-private-permissionless-blockchains-part-1-4c39bea2e2be](https://medium.com/ltonetwork/the-rise-of-private-permissionless-blockchains-part-1-4c39bea2e2be) The private layer is indeed permissioned, but not centralized. That is the whole aspect of LTO's private layer approach, to break through the central systems. No one party has control over another parties data = not centralized. >To accomplish this, private permissionless solutions don’t create a single chain shared by everyone. Instead, each instantiation of a smart contract has its own ad-hoc chain. In other words; Deploying a smart contract on a permissionless private network automatically creates a private (side-)chain associated with that contact. A single node holds multiple of ad-hoc chains, but never all of them. You might compare it to git, where a single system holds multiple repositories. Considering GDPR compliance, the company is in control of their own data, making it possible to delete etc. data if so required by a privacy law, while the proof of such data existing before as part of the process is still available to the parties involved on those private (side-)chains.

CryptoNarf

Oh that I know, didn't mean it is too late to grab LTO coin. I meant it's too late for people active in crypto right now as their passport and private data are probably in loads of places already, but the new people starting now will be able to benefit from the solutions being build today, so they might enjoy better identity security and ownership. ​ LTO is awesome, a gem that is waiting for its day to shine in the recognition of millions.

haych-18

You'd be super early if you were to invest in LTO now, just check the market cap. It is not even in the top 200.

RossoneriEA

It’s a pump and dump manipulation. LTO had one few months ago.

sasquatchington

If I recall correctly Triall has a partnership with LTO who hosts their data on their network. It's part of their (LTO) use-case. Pretty dope to see mayo clinic get in on this. Not sure I'm willing to jump through the hoops to get some TRL but my LTO bag is happy with this.

jewbagel10

It's been garbage, put it in the LTO, VET bucket

Outrageous_Energy752

LTO, just no.

rph_throwaway

> LTO's private layer is acting like miniature blockchains with the parties involved of specific processes. The state of those processes are hashed toward the public layer. That interaction allows processes to remain GDPR compliant while still enjoying the benefits of a decentralized approach where that is necessary. LTO is fully aware that a lot of situations don't require blockchain or decentralization, which is why they focus on those structure where it does provide benefit. In other words, none of what I said was wrong. The important part, the actual identity data, are on centralized infrastructure out of necessity. > And it's not simply about getting away from a central place for KYC, it's much more about taking back ownership of your data and minimizing the amount of time that you have to throw your KYC info out there (with increased chances of abuse), while still able to keep using decentralized platforms/solutions as you wish. We both know nothing will ever use this outside of cryptocurrency and cryptocurrency-adjacent projects. The GDPR does more to protect user privacy and give people control of their data than any of this, because it has actual force of law behind it. Sure it's far from perfect, but it's a hell of a lot more relevant in most cases.

CryptoNarf

LTO's private layer is acting like miniature blockchains with the parties involved of specific processes. The state of those processes are hashed toward the public layer. That interaction allows processes to remain GDPR compliant while still enjoying the benefits of a decentralized approach where that is necessary. LTO is fully aware that a lot of situations don't require blockchain or decentralization, which is why they focus on those structure where it does provide benefit. In this case the structure with Chainlink allows decentralized parties to continue their function while AML and KYC requirements increase in different regions. It's one of the usecases for DIDs that has potential, but surely not the only one. And it's not simply about getting away from a central place for KYC, it's much more about taking back ownership of your data and minimizing the amount of time that you have to throw your KYC info out there (with increased chances of abuse), while still able to keep using decentralized platforms/solutions as you wish.

LonelyGoats

LTO 🤝 Chainlink; unglamorous but interesting use cases

coinfeeds-bot

tldr; LTO Network is bringing its identity data service, Proofi, on-chain via Chainlink’s industry-leading middleware. DeFi and CeFi projects can now perform KYC/AML without all of the administrative overheads such as proper storing and archiving of the data. This is especially useful in regions, such as Europe, that have strict privacy regulations like GDPR. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Ghant_

Pretty cool concept. Could see this being issued like an NFT that can do more than hold a photo. I haven't kept up with LTO, was interested in them back in late 2020/early 2021.may have to check up and see what's new with them

the_nibler

I’m staking LTO on the mainnet and glad to see some news from them!

OK_Renegade

I am a LTO holder and I am very interested in this concept they developed with Chainlink. Instead of being required to do KYC at every CEX (or bank, sports bet or whatever) you can do KYC once through a trusted party (KYC provider), which then stores a Verifiable Credential in your crypto wallet. With this, you can provide your personal details and the CEX can verify that information is indeed true (if they trust the KYC provider that signed the Verifiable Credential). This would prevent me from having to send a copy of my ID to each and every CEX, and also gives me the opportunity to revoke access (and thus probably disabling my account). What do you guys think, is this POC something for the future? Especially with the EU working on a similar eID / wallet for every EU citizen.

Beyonderr

Still holding their LTO, LRC, and ONE, while crying themselves to sleep.

W__O__L__F

Are people still buying LTO? 😅

milonuttigrain

LTO as well

CanUHelo

Rip LTO LRC and other temporary popular altcoins

the_nibler

LTO will echo through the abyss of time

thekoonbear

I’m sure other projects are working on it as well, but LTO recently released their beta DiD project named Proofi. Many of the things you mention will be possible through this and all will be GDPR compliant which is a must in the EU. Will provide information if a Yes/No format without revealing any sensitive details.

drumpleskump

Oh i got one of those. LTO $10 I know i know, i'm crazy

oopssomething

Yes have LTO bc of the compound staking

slasula

I got LTO 👋

CanUHelo

Is anyone still holding one of these: LTO or LRC?

GoodJobNL

Crypto such as LTO network, where you dont use it for monetary reasons but to create data validity will be the future of crypto. Pure monetary chains will be in best case scenario used at the back end of an application

Smitty4141

LTO. A risk due to it being a low marketcap still, but a calculated/educated risk due to their partnerships with Chainlink, the United Nations and a large European casino (forget the name). Also excited to see what they do entering into the NFT space

Wargizmo

Only 75% down is actually pretty good for a reddit shilled coin. Check out how far down some of the others like Nano, LTO and VET are.

the_nibler

My micro cap bets: OPCT - privacy/storage coin LTO network - staking on their mainnet XPR - San Francisco based consumer/ Peer to peer payments CKB ROSE ALGO ATOM

cryptonoob0123

Nope. They used to have some OK projects like Trac and LTO. Which still aren’t even Eth great. But lst year has been bad there.

Prized-Man

LTO. *End shill*

Smitty4141

LTO

Smitty4141

An ungodly amount of LTO which I am now staking on their mainnet for 17% APY

Smitty4141

Price means nothing. The only thing that matters is marketcap. Welcome to crypto. My favourite low marketcap project by far is LTO. I have a large stack of it and will comfortable hold it for the next few years staking it on mainnet for roughly 17% APY.

markcorrigans_boiler

This sub used to love LTO as a small cap punt.

UFONomura808

Eyoo LTO bro!

thekoonbear

Dusk LTO GET

Odd_Luck6482

Not to mention VET. Choo choo. That train derailed and is on fire. However maybe Reddit will have the last laugh when VET, LTO and ONE skyrocket one day. I sure hope so cos dem bags be heavy

ArtofZed

Only 50% shilled coins by reddit are doing good. LTO and Harmony got slaughtered. :(

milonuttigrain

LTO, ICP, ROSE, CKB, Safemoon,

W__O__L__F

I thought LTO network is just a shill coin but after some reading and researching. I don't think LTO is only a shill coin, they are working quite well. I don't know maybe I'm missing something. Can someone share what they think about this coin? 😉 What's your thoughts shit coin or a good one?

milonuttigrain

Yeah I remember a long list of shitcoins ppl shill on the daily ONE, LTO, VET, just to name a few.

The_Cybermonkey

More than 30 mins have passed and no one’s tried to shill you VET or LTO. This subs changed! Did see CkB though .

the_nibler

I’m in on LTO, their social media stuff seemed good enough for me even though the Juicy update video was a little weird looking haha. Got my LTO’s staking in their mainnet wallet

W__O__L__F

I thought LTO network is just a shill coin but after some reading and researching. I don't think LTO is only a shill coin, they are working quite well. I don't know maybe I'm missing something. Can someone share what they think about this coin? 😉

LtViperNL

I still believe LTO to be my moonshot

Altruistic-Pipe-2761

So we still fucking with VET or LTO?

TheRealMacresco

I was wrong about that. Currently the inflation is 3.7%. They expect it to go to 0 in 6 years. But there is a hard cap and the devs expect to never reach the maximum amount of tokens. Just Google LTO tokenomics and you can read about the update.

TheRealMacresco

LTO. 17% at the moment. There is a node that does automatic compounding and will only payout when you request it. Coins never leave your wallet apart from the rewards of course

the_nibler

Alright I’m down to shill some: Converting some alts to DOT Converted some micro caps alts to LTO holding: ALGO, Yieldly, and SHIB (forgive me) Accumulating more DOT and ATOM. How about you?

Flying_Koeksister

I'm already invested in DOT and ALGO, I haven't done LTO yet :)

UFONomura808

Staking rewards increase for LTO is pretty damn sweet. Went from 300lto monthly to 1.5k, and at .10 that's about $150

Smitty4141

I'm late to this but I absolutely love LTO and it is my biggest holding. It is low cap but they are doing a lot to build their network. Join the Telegram and keep up to date with Twitter. It is my educated moonshot to make me rich.