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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 584 KB, 900x900, Lition_CEO_RichardLohwasser.jpg [View same] [iqdb] [saucenao] [google]
21661352 No.21661352 [Reply] [Original]

>Latest news
Germany moves ahead with legal framework on Tokenized securities.
https://www.securities.io/digital-securities-about-to-go-mainstream-with-germanys-new-draft-law/
Background:
Lition tries to position itself as the go to STO-platform through collaboration
'with policymakers to shape legal framework for security token offerings (STOs).'
https://medium.com/lition-blog/litions-roadmap-2019-c3ffd89143a1
Lition has been advising German Senator Heilmann on legislative proposals.
'said Richard Lohwasser, the CEO of blockchain startup Lition, which has been advising Heilmann on the new legislative proposal.'
https://www.coindesk.com/german-finance-ministry-calls-for-regulated-blockchain-securities-market

>infovideo
https://youtu.be/upUoOSnZvdY

>How To Buy
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2
https://www.hotbit.io/exchange?symbol=LIT_ETH

>Node Registration Now Open
https://docs.google.com/forms/d/e/1FAIpQLScBXe3hLbB-fTCqQH5PtL8K14RhR5AiT5tYonUNfRypdY0CPw/viewform

>How To Stake
https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

>Lition Maker Energy Sidechain
http://bcenergymainnetc.lition.io:22003/dashboard

>Staking Calculator
https://www.litionstaking.com/

>Official Site
https://lition.io/

>Twitter
https://mobile.twitter.com/Lition_Block

>Whitepaper
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Price
https://www.coingecko.com/en/coins/lition

>Previous threads (newest to oldest)
*conforms to /biz/ title standardisation
>>21574442*
>>21523449
>>21504271
>>21425374
>>21389465 *
>>21340375
>>21292059 *
>>21250125
>>21223512
>>21217278
>>21185336
>>21208484
>>21167992
>>21156747
>>21148600
>>21131892 *
>>21096929
>>21091683 *

>> No.21661737

>>21661352
No news = nothing to post about anon. Dont let the retards here know before we go parabolic.

>> No.21661781

This is the current floor. Accumulate for the next move.

>> No.21661837

I need Luisa's cold hands on my balls, lads

>> No.21661881

Will my staked tokens be sent back to my wallet automatically or do I need to initiate a withdrawal at end of staking contract?

>> No.21661912

>>21661881
You need to initiate a withdrawal

>> No.21661961
File: 349 KB, 1024x953, Lition Pepe Gun.png [View same] [iqdb] [saucenao] [google]
21661961

I'm making a wild guess that we won't be having an announcement this week.

>> No.21661966

>>21661737
I agree

>> No.21662266
File: 556 KB, 3264x1632, legos.jpg [View same] [iqdb] [saucenao] [google]
21662266

Lads i'm currently shopping for a new Lego set and i can't decide which one to choose. I've narrowed it down to either the Dinosaur Fossils or the Tree House. I think Dinosaurs are really cool, but their fossils not so much because they get converted into fossil fuels via anaerobic decomposition and as we all know that process is terrible for the environment. The tree house on the other hand is quite aesthetically pleasing and of course promotes a more environmentally friendly way of living. But i will be the first too admit it might not be as "cool" or "trendy" as the dinosaurs. I'm still hoping that one day a female will be kind enough to enter my room and i'm not sure what image i should to put across to impress they/them. Do i stick to my morals of advocating for more environmentally friendly renewable energy sources, or do i sell my soul and purchase the chad dinosaur fossil set?

>> No.21662537

>>21662266
Dinosaurs... what woman isnt impressed by dinosaurs

>> No.21662787

>>21662537
Yeah, all my bitches love dinosaurs.

>> No.21662828

dumping

>> No.21662906

Dumping rn

>> No.21662998

>>21662787
but what about the stability of the man having his own acommodation in form of a tree house? wouldnt that also be a significant boon to any man who tries to impress these bitches?

>> No.21663143

Double your money by just staking and wait for main net for big gains

>> No.21663224

>>21662266
Stick to your guns and get the treehouse. Your net worth will offset any reservations a woman has about your taste in lego.

>> No.21663279

>>21662828
>>21662906

Where?

>> No.21663730

Literally dumping as we speak

>> No.21663801

>>21663730
Tell me where so I can buy you little shit
Crabbing doesnt mean dumping.

>> No.21663829

>>21661781
>1y top
>"the current floor"

lol, you dont even try, litjeet

>> No.21663851

dumping hard right now. Is it just money fleeing to chase other pumps or are insiders dumping?

>> No.21663881

>>21663730
>>21663851
>>21662828
>>21662906
samefag just sell and move on nervous fag

>> No.21663891

Memes say this token is shit so ive read the whitepaper and now i know for a fact that this is a trash pump and dump. Memes were right stay the fuck away

>> No.21663940
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21663940

>>21663851
>>21662906
>>21662828
>>21663730
>>21663891

I think I found the EWT holders/redditors here kek. Your tech is inferior and you will get buttfucked by the legislative since your blockchain cannot delete data :^)
Cannot wait for the seething.
>B-But muh Shell muh austrian grid

Not only cute little side projects compared to SAP but also the reason why blockchains were created - to FUCK with the centralized market and not create another one on the blockchain lol. You will be the NANO/XRP holders of the next bullrun and I cannot wait for it :)

>> No.21663944

>>21663891
that's what they said while I was acumulating RSR at 0.15c when it was crabbing for 1 year, that's what all idiots say who only get interested in a coin when it pumps instead of when it dumps or crabs.

You have zero chance of making it.

>> No.21664143

>>21663940
LIT hodler here - I’m wondering what is stopping other cryptos from adding a similar deleteability feature? As I understand it, Lition is a blockchain paired with a series of smaller, permissioned, distributed databases whose data can be a) verified by comparing hashes against the blockchain and b) deleted of course (not the hashes from the blockchain but the data on the sidechains they reference). It’s a great idea. But why can’t any other blockchain that stores data create these parallel permissioned databases and just store the hashes on chain in the same way? Seems like something you could just add further down the line?

>> No.21664192

>>21661352
>Thursday
>no announcement
My disappointment is immeasurable and my day is ruined

so are they delaying mainnet? just kill me

is that why they are market selling?

>> No.21664217

>>21664143
Sure anyone could do that. Someone could copy ethereum line for line and launch it under a new name too. It’s a network effect and first mover advantage, nothing more

>> No.21664286

>>21664143
>But why can’t any other blockchain that stores data create these parallel permissioned databases and just store the hashes on chain in the same way? Seems like something you could just add further down the line?


For this feature to function they need to create a custom consenus algorithm (which is why they are taking so long to fix the mainnet). JPMorgans Blockchain project Quorum tried to create such algorithm to tackle the EU market but failed. Lition is taking the basis from their failure and optimize it so it can truly be used by every single company in the world without the need to check on regulational and legal for every country in the EU and Asia (they got very similar data privacy laws).

>> No.21664317

>>21664286
regulatory and legal issues*

>> No.21664478
File: 1.35 MB, 1000x750, 1597925835814.png [View same] [iqdb] [saucenao] [google]
21664478

"You see that, little Greta? That's the moon."

>> No.21664743
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21664743

>> No.21664763

>>21662266
Hi, Richard!
Nice of you for dropping by.
I'd say go with the treehouse.
Either way cant wait to see the finished piece on instagram!

>> No.21664793

>>21664763

Danke

>> No.21664840
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21664840

>> No.21664868

>>21664743
basiert und tittenpilled

>> No.21664913

Meh its just Germany

>> No.21664931
File: 71 KB, 744x687, Apu_Lition_coffee_in_bed.png [View same] [iqdb] [saucenao] [google]
21664931

Re: Development
Our developers are carrying out the plan laid out in the recent development update. They're dialed in and making good progress.
As noted in that update, this phase requires extensive testing.
Things are going well and I'll be sure to pass along more information as soon as it's available.

>> No.21664938
File: 516 KB, 1110x1098, Lition 25280.jpg [View same] [iqdb] [saucenao] [google]
21664938

>> No.21664952
File: 24 KB, 480x480, 1B838289-1F59-4837-9F9F-96B883A90F6D.jpg [View same] [iqdb] [saucenao] [google]
21664952

The silence, the blockchain testing after the technical update 2 weeks ago, the end of september deadline, regulatory moves for blockchain in germany... I am feeling the pressure boys, either we will be disappointed beyond belief or we go to valhalla overnight

>> No.21664993
File: 37 KB, 866x688, 1589740591765.png [View same] [iqdb] [saucenao] [google]
21664993

>>21664913
>Meh its just the 4th biggest market in the world and the biggest in Europe

Dilate!

>> No.21665002

>>21664913
First germany, then, the world.

>> No.21665043

>>21664952
this, it feels like its all or nothing.

>> No.21665071

>>21661352

>> Not even mentioning Rüdiger who carries the whole project

>> No.21665075

>>21664952
>September deadline

Huh?

>> No.21665099

>>21665075
End of q3= end of september

>> No.21665113

>>21665099
Ye sorry I had no coffee today yet. Silly me

>> No.21665276
File: 78 KB, 508x223, ulala.png [View same] [iqdb] [saucenao] [google]
21665276

Mhhhhhh...lets see how big this announcement will be.

>> No.21665373

>>21665276
HE DIDNT SAY ANNOUNCEMENT HE SAID MORE INFO... fucking spaz stop muddying the water lition is a no hype project with integrity.. if the mainnet isnt ready then its for the best that they dont release it until it is... back to yer shanty towns ye short sighted animals
T.103k

>> No.21665386

>>21665276
that something else = devs rugpulling after years of failure

>> No.21665749
File: 1.86 MB, 400x400, Lition 63218.gif [View same] [iqdb] [saucenao] [google]
21665749

>> No.21665874
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21665874

>>21665386
>>21665373

From which mental asylum did you two retards escaped? Keep seething please. Makes my iron hands stronger than ever.

Also

>t.103k

Ye nah. Dont think so. A spastic like you wouldnt even be able to buy from a place like IDEX lol. If the person, that is responsible for almost all Medium articles, tells you that he has something for the community than I can guarantee you that there will be a post about it in the Lition ANNOUNCEMENT channel.

>> No.21666467
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21666467

>>21665874
>Ye nah. Dont think so. A spastic like you wouldnt even be able to buy from a place like IDEX lol

Why are you so mean

>> No.21666571
File: 61 KB, 540x680, 1587770385354.jpg [View same] [iqdb] [saucenao] [google]
21666571

>>21661352
Lit is down to 0,12€ and I don't even mind. Got me a stack of 38800LITties and I am comfy

>> No.21666738
File: 19 KB, 1048x261, 2020-08-20 15.39.18.png [View same] [iqdb] [saucenao] [google]
21666738

>>21666571
Scratch that

>> No.21666841

>>21666738
Just bought a nice stack of 7650 LIT. What‘s your target or how long are you thinking of hodling?

>> No.21666881

>>21666738
Getting close to the 50k make it stack.

>> No.21667055
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21667055

>>21666841
I'm gonna go all the way. If this darn thing becomes the new paradigm I'll still HODL and live off staking somewhere innawoods

>> No.21667082

>>21666738
Also bought around 5k today since it dipped. On IDEX you see that a whale there is supressing the price (it shouldnt get lower than 33990 vitaliks)

>> No.21667217
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21667217

>>21666881
>>21667082
I hope they delay the big launch.
Just a couple weeks so I can free some more assets. I have a good feeling here man

>> No.21667233

>>21667055
are you going to continue to buy with every paycheck?

>> No.21667381

Thinking of going all in. Got some funds left in LINK, should I?

>> No.21667429
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21667429

>>21667233
Yep. I even consider selling some silver

>> No.21667492
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21667492

>>21667381
Went all in last week. Do it.

>> No.21667753

>>21667381
Going all in on a shitcoin is retarded. If you dont have any, buy some this week and perhaps some more when they announce mainnet. I would wait until they have a functional mainnet before going all in

>> No.21667779
File: 1.68 MB, 365x500, 1596890212796.gif [View same] [iqdb] [saucenao] [google]
21667779

>>21664952
This.

Its all or nothing gentlemen. Im betting on all.

>> No.21667911
File: 715 KB, 1449x1449, Litzkrieg.jpg [View same] [iqdb] [saucenao] [google]
21667911

So many TG fags literally shitting themselves right now. Sell your stacks guys, you don't deserve them.

>> No.21668274

>>21667911
I dont know why theyre panicking, the price has been holding up nicely these last two weeks

>> No.21668412

>>21664952
I bet on autism and I bet on Germans. I'm sure as hell betting on autistic Germans.

>> No.21668472

>>21667381
You’ll either make a 1.2x in a year or 100x, its worth taking the risk amigo especially if you are not worth more than 100k yet

>> No.21668528

>>21668274
Agreed. They're impatient because they're excited for the pump. They need to relax, maybe throw on some nice music while they dilate. It'll keep them from shitting up the telegram and pissing off Mark.

>> No.21668741

>>21668528
Yeah the constant bickering on the TG is kind irritating

More importantly though, who is going to make the /biz/ trustnode to finance our yearly wellness retreat in Bavaria

>> No.21668875

Should I stake 10k for a year?

>> No.21669054

>>21668875
only if you like money

>> No.21669447

>>21668741
If lit pulls a >100x I will go to Bavaria and organize a biz meetup for early lition holders. I have friends in Germany and I absolutely love it there. Been before and I can say that that region is the most beautiful. There's also some really nice towns sprinkled around southwest Germany that are almost completely untouched by tourism.

>> No.21669563
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21669563

>>21669447
Based just don't invite TG normies

>> No.21669586

>>21667911
>>21668274
>>21668528
>>21668741
>>21669447

but anon they have all the reasons to shit themselves, no mainnet or even an AMA and the team is dumping right now

>> No.21669593

>>21669563
I can only second this

>> No.21669634
File: 203 KB, 500x813, skrub-28m-ago-freak-in-your-sheets-shit-in-your-23984246.png [View same] [iqdb] [saucenao] [google]
21669634

>>21669586
>0,01 EWT was send to your wallet