LTO Network: It's a revolution !!

barslanhan (43)in #lto • 5 years ago (edited)

The blockchain technology that we started to use in the last 10 years is now described with words such as “Outdated, bulky and very slow Son. I'm thinking, if you're using a 10-year-old highway and after some time they say you're going to make a new road somewhere else, wouldn't it sound strange? Wouldn't it be less costly to update the existing old way or renew? I would like to talk about the formation of the LTO Network, which sets out for this purpose and helps to make it more functional by eliminating the cumbersome aspects of the existing blockchain technology and accelerating the blockchain operations.

LTO Network, formerly called m "Legal Things One “, aims to integrate simple operations into the blockchain. In addition, LTO Network seeks to provide a digital distributed bookkeeping system, which removes legal transactions from the paper burden and serves legally binding formal contracts. LTO Network is a decentralized workflow engine that allows information sharing with blocks to be stored in a blockchain.

LTO Network is a decentralized, highly efficient blockchain infrastructure that increases the process recording speed and can be easily integrated into other systems. As it helps to maintain global network integrity, it allows parties to connect at their own pace, allowing processes to accelerate and transactions take less time.

LTO Network Proof Engine allows you to protect any digital data against manipulation by protecting businesses from digital fraud. Our Proof Engine is easy to integrate into existing IT infrastructures and connect to any (old) system via an API. You can save money by adding some of the costs to invoices, medical records, e-mails, documents, and other digital data in minutes.

The LTO Network wants to use the Least Proof of Work protocol to build a consensus on the blockchain. This consensus mechanism also allows for the presence of small token owners who do not want to run a node to receive token rewards. The feature of the LTO Network is based on the interaction between all blockchains. It should be noted that it is quite troublesome to have such a system from scratch, which has a limited financial resource and is relatively small by a team. The LTO Network must also specify that organizations have a tamper-proof ecosystem that allows them to create reliable, automated workflows to operate on an equal basis called "Live Contracts".

LTO tokens have an important role in the system. A node acts as an economic incentive for the approvers in the chain to operate and approve transactions. LTO Tokens are important for both rental and node operation. For active users of the network, only pay once - use forever network. It really has an important economic structure. It has a very important function to reduce costs and provide passive income to users. You can use the links below to get more information about this unique system and to be included in LTO Network.

Official Information Resources:
Website: https://lto.network
Telegram: https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
Whitepaper: https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
Twitter: https://twitter.com/ltonetwork
Medium: https://medium.com/ltonetwork
Reddit: https://www.reddit.com/r/livecontracts/
Youtube: https://www.youtube.com/channel/UCaHcF-xterKYTKSpY4xgKiw
Github: https://github.com/legalthings