LTO Network — LowSea Leasing Node update (15th of September 2022)
We’re back! After a summer slumber it’s time to have a look at what LTO is bringing to the table this month. With ETH merging today and BTC getting royally played due to macro economy devastation, worldwide inflation and energy costs in Europe spiking up to insane levels, it is great to see that LTO Network keeps building undisturbed. So, let’s dive into the thick of it.
Over the months of August and September LTO Network has been mainly in building mode focusing on the Ownables structure. This week the new TITANIUM update (of which Ownables is a part) has been pushed to testnet. However, Ownables was not the only part of this update. There’s been improvements made to the indexer for LTO Network’s knowledge graphic, expanding the possibilities of it.
“The LTO indexer will process the data and association transactions and store the information in a Redis Graph. This gives LTO an edge over other decentralized knowledge graphs, as projects can directly query Redis with Cypher, rather than having to implement a blockchain-specific library.”
There’s also added functionality that is perfect for supply chain management. Allowing parties to join the supply chain more easily through ‘statements’ and lowering the threshold of participation.
Read all about it here: https://blog.ltonetwork.com/titanium-testnet-activated/
This is another great update, one that will open up the road for content creators to explore TRUE FULLY OWNED DIGITAL ASSETS.
We’ll be seeing a lot more news about Ownables in the next few months is my expectation. But for starters you can follow the official LTO Ownables Twitter here: https://twitter.com/MyOwnables
And the official discord here: https://discord.gg/vgTMywtU
On the adoption side we saw an update on the Casino conference, supplied by Sphereon: https://blog.ltonetwork.com/recap-of-ice-london-and-eca-summer-symposium-2/
And we saw that Triall, who also utilizes the LTO blockchain, announced a large new client that will start using their blockchain based solution: https://twitter.com/TheLTONetwork/status/1565335538147917825
LTO Network was featured on ChainlinkToday: https://chainlinktoday.com/lto-networks-proofi-delivers-defi-identity-verification-solution-via-chainlink/
And All the way back at the beginning of August we saw the announcement of Florence Finance implementing Proofi into their lending platform, that bridges the crypto space with real world lending: https://blog.ltonetwork.com/florence-finance-proofi/
All in all some excellent progression during the summer months and I look forward to the final quarter of 2022. Now… if only the world would come to its senses and stop fucking everything up! We could get back to growing and finding green.
May the growth continue!
Looking for a great crypto investment?
LTO is a Proof of Stake blockchain with a total supply of max 500M LTO and a great APY. The project is driven by real adoption and focuses on identity, privacy and ownership. Join LowSea Leasing and be part of the progress that LTO Network is making in the cryptoverse.
Come stake your coins at the LowSea Leasing node on LTO Mainnet. Just follow these easy steps: https://cryptonarf.medium.com/welcome-to-lowsea-leasing-9161fb28a19a
Staking is ledger supported on LTO Mainnet!
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