LTO Network Answers Blockchain Scalability Issues

Article by LTO Network “How many transactions per second can you handle?” – is a question asked during almost any blockchain AMA. Our answer is typically “enough”, but what is enough and why is there a limit to blockchain scalability anyway? For almost a decade in web tech, scalability was not the main issue for internet giants like Facebook and Amazon. They have shown that it is possible to handle vast amounts of requests. The methods to solve scalability issues are well documented and are public knowledge. LTO Network suggests that the same techniques used to solve scalability issues in anti-patterns (common design mistakes) should be able to apply to the blockchain.  Blockchain and its self-imposed limits It’s important to realize ...

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Scarcity, Value and Stock-to-flow

Bitcoin, like gold, cannot simply be created arbitrarily, it is limited and finite supply to a max of 21 million Bitcoins, ever. Gold’s supply has historically increased at around 2% per year. Bitcoin’s supply will increase less than 2% starting at the 2020 halving, and will eventually go to less than 1% a year after the 2024 halving. Bitcoin’s supply will end when the last Bitcoin is mined approx in the year 2140. Gold might continue to be found through asteroid mining in the future. “As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties: boring grey in color, not a good conductor of electricity, not particularly strong [..], not useful for ...

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DeFi – the New Buzzword in Blockchain

DeFi is the new buzzword in the Blockchain space and it is basically a conventional financial tool that is built on the blockchain. It offers an alternative to the existing global financial system. DEcentralized FInance system can be applied on top of a public Blockchain network, such as Bitcoin or mostly Ethereum. They are mostly dependant on open-source protocols or modular frameworks for creating and issuing digital assets and are designed to confer notable advantages of operating on a public blockchain like censorship-resistance and improved access to financial services. In other words, the underlying idea of DeFi is to develop and operate financial decentralized applications (DApps) on top of Blockchain networks. For example: A DeFi service provider platform can basically combine through the use ...

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How LTO Network helps Businesses Utilize Blockchain Technology

The brainchild of Satoshi Nakamoto, Bitcoin is the face of Blockchain Technology. It was devised as a digital currency as an answer to current financial instruments such as the fiat i.e USD, Euros, and many others. Bitcoin aside, the tech-world has found the underlying technology to be a possible solution to various problems in businesses and legacy systems.  According to Blockgeeks, a blockchain is a time-stamped series of an immutable record of data, managed by computers not owned by a single entity. In short, Blockchain addresses the issue of trust between different parties with its system by being immutable, democratized, and transparent. Our partners, LTO Network has developed a highly efficient blockchain infrastructure that is production-ready and compliant according to legislation. ...

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Moonwhale Ventures Confirms US-based Wireless Networking Technology Distributor, WAV Inc. as Corporate Client

Delaware, USA — August 7th, 2019 — Moonwhale Blockchain Ventures Inc. is pleased to announce WAV Inc. as a new corporate client. WAV Inc. is a value-added distributor of world-class wireless networking technology and provider of best-in-class support and services. WAV distributes the technology that connects your customers to the internet, from LTE and wireless broadband to networking and Wi-Fi.  Growing Demand in Networking Technology According to MarketWatch, the Industrial Wireline Networking / Enterprise Network Equipment market will register a CAGR of almost 13% by 2023. One of the reasons that will drive industrial networking market growth is the increasing adoption of IIoT (Industrial Internet of Things). Implementing IIoT will enable industries to collect and analyze collect, analyze, and exchange data ...

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How LTO Network Tackles Existing Problems With Blockchain

Today, businesses rely heavily on data. Not to mention, advances in information technologies present a challenge to businesses to constantly be on top of the growth curve. Legacy systems are quickly becoming more inefficient when compared side by side with newer innovations. Furthermore, the exponential speed of change we have today creates more intelligent security threats which can cause a significant amount of money to rectify. Therefore, if your business is getting smarter, why shouldn’t your business processes smarten up as well? Enter LTO Network.  LTO Network to Tackle Existing Problems One of these technologies that have taken the world by storm is the Blockchain. There seems to be plenty of blockchain protocols out there which possesses their own strengths and ...

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