Lition – Mind Mapped

Overview of Lition

Lition tariffs are available to mass-market (>41 million households)
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

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.

Lition presents the design for a blockchain network and minimum requirements for a governing agreement among a privileged subset of the nodes’ operators, ensuring that private, sensitive data can be handled and securely deleted on demand – even connected to smart contracts for deletion.

Lition believes that its strong strategic partnerships with organizations which include SAP, Salesforce, TomoChain, The Enterprise Ethereum Alliance, EMINENT Taskforce, INATBA, and Bundesblock, who share the same vision as Lition, is key to driving innovation in the tech sector.

Lition also proposes a novel approach to solve the security issue of private data (and private transactions) in a blockchain technology by providing a technique to publicly prove the correctness of a transaction involving private data without revealing the private data.

Lition’s cutting-edge blockchain technology simplifies the process of buying energy directly from green producers of any scale by employing transparent smart contracts that allow consumers to circumvent all of the complexity of energy distribution brokers.

Lition is well positioned to design a blockchain infrastructure for business use, as it launched the world’s first P2P energy trading dApp that is commercially live in a mass market with real revenues and real customers in over 10 cities.

Lition was also named as one of the four blockchain finalists for the World Energy Council Awards, which seeks to award innovative business models for energy transition and climate protection, to which Lition is deeply committed to.

Lition arbeitet ausschliesslich mit unabhängigen Erzeugern die 100%-igen Ökostrom aus Biogas, Photovoltaik, Wind und Wasserkraft produzieren und ins Stromnetz einspeisen.

Lition price Index provides the latest LIT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Blockchain

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).

Encryption

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.

Mine

Network

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.

Transactions

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.

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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?

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
commercial use.

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

In 1832, the party abolished enslavement in the British Empire with the Slavery Abolition Act 1833.

In 1890 geologist Walter
Weed originally named this Oyster Spring for its shape and later early
tourists called it Devil’s Ear.

In 1902 when James L.

In 1957, all these notes were reissued with the old date but modified design: because of the abolition of the Karelo-Finnish SSR, the number of ribbons on the state emblem was reduced from 16 to 15, and the nominal in Finnish was removed from the obverse.

In 1972, Massachusetts Office of Elder Affairs issued a call for grassroots coalitions to support a program to keep elders out of nursing homes.

In 1973, to celebrate the centenary of Rachmaninoff’s birth, RCA decided to reissue his complete recordings on LP; RCA was forced to go to collectors for copies of certain records because their archives were incomplete, as documented in a Time magazine article.

In 1983, the coalition became NORD, the National Organization for Rare Disorders.

In 1984, residents in West Hollywood organized to maintain rent control.

In 1994, Archbishop Desmond Tutu and President Nelson Mandela described newly democratic post-apartheid South Africa as the rainbow nation.

In 1994, Axel began working as a writer-rapporteur, summarizing national and international meetings.

In 1997, Axel began teaching at The New School (NYC), and then became assistant professor in political science and pre-law advisor-coordinator at New Jersey City University.

In 1999, recording artists formed the Recording Artists’ Coalition to repeal supposedly “technical revisions” to American copyright statutes which would have classified all “sound recordings” as “works for hire”, effectively assigning artists’ copyrights to record labels.[21][22]

In 2000, Start Early (formerly known as the Ounce) developed the first Educare school to serve the children and families rebuilding their community after the demolition of the Robert Taylor Homes, one of the largest public housing developments in Chicago.

In 2011 the three national statistics bodies, ONS, GROS and NISRA set up a co-ordinated research project known as Beyond 2011.

In 2013, The Brain Attack Coalition recommended that stroke transfers occur within 2 hours of patient arrival at the referring stroke center (Alberts, 2013).

In 2019, a coalition of European governments unveiled an alternative currency payment mechanism intended to circumvent U.S.

In 2020, YEE became a founding member of the EU4Ocean Coallition and Generation Climate Europe.

In the 1960s, Lyndon B.

In the 2010s, an active process of looking for new allies began, unusual alliances emerge, both economically and politically.