FEATURES OF THE LTO BLOCKCHAIN TECHNOLOGY.
Insight on LTO.
LTO blockchain is currently working on joining an equal performance with several applications and systems that contribute to the increase in the level of transparency, reliability and strong security of confidential data in accordance with all the necessary requirements under GDPR.
The network has the ability to exchange data directly with each other, which exempts the entire network, in the public blockchain. This ensures the transmission of reliable and consistent data. LTO network also comes with an event validation which allows users to check each process on the rules established in the system, unauthorized actions cannot be performed by other participants, because there's a built in system to block such acts once detected.
LTO has established a reliable blockchain business processes, that will contribute to the increase in mass distribution and implementation in various organizations.
On the LTO network, summary blocks are able to speed up all the processes due to the fact that nodes can delete individual transactions, and generate new blocks every day. Likewise the implementation of each subsequent node in the system is so simple that it does not cause any problems to the organization. Which comes along with the concept of JSON REST API, that integrates very quickly with the LTO application anchor.
On the network, nodes can perform different services such as:
The private chain layer is used for decoupling nodes.
Public chain layer is used in indexing all hash since the global blockchain of the platform is designed for storing hashes.
User Interface (UI) layer, it consists of applications that allow users to develop and debug live contracts.
And Application layer, it is responsible for controlling events on the event chain.
Conclusion.
On the LTO platform seed offering occurs through a wave-based token while a mainet LTO token was used for the private sale which guarantees users of the platform access to LTO network services and could be staked, used to pay transaction fees on the LTO network and fuels the LTO network blockchain.
Website: https://lto.network
Telegram: https://t.me/LTOnetwork
Medium: https://medium.com/ltonetwork
Twitter: https://twitter.com/ltonetwork
Youtube: https://www.youtube.com/channel/UCaHcF-xterKYTKSpY4xgKiw
Github: https://github.com/legalthings
Author 🆔 : Moshaid.