- 1 Overview of Lition
- 2 Blockchain
- 3 Encryption
- 4 Mine
- 5 Network
- 6 Transactions
- 7 AdMad at your Computer?
- 8 AdWhat informs your investments?
- 9 AdWhat’s a challenge without a Ranger FX4?
- 10 How can you participate in RECONVERGE:DEMO(lition)?
- 11 How do I buy Lition?
- 12 How do I mine Lition?
- 13 Not sure what this will be like?
- 14 Stock Buybacks: Why Would a Company Reinvest in Themselves?
- 15 What are the value drivers behind the token price of LITION?
- 16 What hashing algorithm does Lition use?
- 17 What is Lition?
- 18 What is Lition?
- 19 What is the value of Lition?
- 20 What is the value proposition of Lition?
- 21 Where can I get Lition wallet?
- 22 History of Lition
Overview of Lition
First customers connected (households and SMEs)
Scaling up connected green power plants to 18 GWh in Germany
Integration of smart reader use case
Business requirements for blockchain infrastructure specified
Design of technical blockchain architecture initiated
Technical advisory with SAP starts
The guiding design criteria are postquantum security for data integrity, a path towards post-quantum security for data privacy, data minimization under the constraint of providing fault tolerance, privacy of sensitive data, a provision to delete all occurrences of sensitive data, and the freedom to join as a (non-privileged) node without any special provisions or legal obligations.This proof is not fully trustless but is of a probabilistic nature and is similar to non-interactive zero knowledge proofs (NIZKPs).
al.4, or used for location-data by the blockchain Project Fysical5.by researchers Karla Kvaternik et.for the widely used WEP encryption, which due to faulty design does not give reliable protection against hackers.Lition is aware that these solutions have fundamental limitations as the encrypted data is still publicly available and therefore prone to hacking if vulnerabilities in the encryption are found or sufficient processing power is available.This has happened many times so far, e.g.This is unlikely now, but as the data is stored permanently and publicly it will also be there in 5 or 10 years, when Quantum Computing is to emerge and loopholes may be found.Typical solutions propose to reach privacy by putting private data on a public chain and encrypting it, as suggested e.g.
About Lition Technology AG – Lition is a blockchain infrastructure and dApp developer, with 20 employees mostly based in Berlin.Lition has also developed and launched the world’s first commercially live P2P energy trading platform, currently serving customers in 29 cities across Germany.Lition’s new blockchain infrastructure addresses key commercial and business issues that have prevented blockchain networks from reaching widespread mainstream adoption so far.With scalable public-private blockchain and ‘deletable’ data features, the Lition network allows businesses and large enterprises to bring innovative blockchain applications to the mass-market that are legally compliant.
Both the private and the public sidechains need to be embedded in a greater public and permission-less network so that new participants can easily join to ensure a developer-friendly and easy adoption of the chain.Furthermore, public sidechains are still needed for public data, such as the offered energy price of powerplants that need to be publicly available.Instead, Lition knows private data needs to reside on private sidechains available only to trusted nodes.Thanks to the new pseudo-zero-knowledge-proof algorithm developed by Lition, public nodes can still verify the private transactions inside private sidechains, ensuring overall consistency.
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How can you participate in RECONVERGE:DEMO(lition)?
We’re looking for startups ready to step into the ring and make themselves better.We’re looking for investors who want to nominate their startups – to test them and hone their skills.And we’re looking for sponsors who are ready to make a tangible commitment to improving the Wisconsin startup community.
How do I buy Lition?
It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Lition.
How do I mine Lition?
Lition can be mined using specialized mining software.XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards.CCMiner is another popular mining tool for computers with NVIDIA graphics cards.In addition to having mining software, you will need a Lition and access to a mining pool that pools your effort with other miners and a wallet to store the Lition that you earn from mining.Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.
Not sure what this will be like?
We’ve crafted a brief narrative example to help illustrate what we mean.
Stock Buybacks: Why Would a Company Reinvest in Themselves?
The rapidly improving economy and stocks at record highs may be fueling a flurry of stock buyback activity in 2021.
What are the value drivers behind the token price of LITION?
The main value driver of the LITION token is the demand for the primary token use cases such as transactions (gas), staking for correct network behavior, the spawning of private sidechains by dApp developers (token rent) as well as the support of host tokens of companies and ICOs.Next to the use cases for the energy industry, any sector involving regulated, private data at high throughput will benefit from the new technology provided by Lition.
What hashing algorithm does Lition use?
Lition is a proof of work (PoW) coin that uses the Blake algorithm.
What is Lition?
Litentry is a network that supports DID aggregation protocol and a decentralized mobile application.Litentry Network is built on top of the Substrate framework with the objective of enabling DID aggregation, verification, and credit calculation.It aims to simplify the process of resolving agnostic DID mechanisms by integrating DID standards into a modularized identity service.The Litentry mobile application serves as a secure vehicle for users to collect their decentralized identities and manage them in one place.LIT token holders are also able to participate in on-chain governance in an efficient and secure manner.
What is Lition?
Lition, in co-innovation with SAP, is a foundation that develops the next generation blockchain infrastructure designed for businesses to bring blockchain applications from their currently predominant Proof-of-Concept stage into commercial products with mass-market adoption in a legally compliant way.
What is the value of Lition?
One Lition (LIT) is currently worth $0.04 on major cryptocurrency exchanges.You can also exchange one Lition for 0.00000071 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Lition in U.S.dollars is $1.44 million.
What is the value proposition of Lition?
Value proposition of the LITION token are to be announced later.Lition aims to bring blockchain technology from its current hype-driven,
speculation-fueled state with mostly pilot projects into mainstream
Where can I get Lition wallet?
Lition produces its own wallet software that is available for download on its website, which allows you to store Lition on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
History of Lition
Weed originally named this Oyster Spring for its shape and later early
tourists called it Devil’s Ear.