Being able to deploy PRIVATE, PERMISSIONED networks, with a PUBLICLY traded coin, does several things:
1. Works with the existing banking system not against it by facilitating deployment of a FIAT currency 2. Allows fiat coin networks to be open source and prepare for smart contract adoption/API crypto economy 3. Outsources the internal database management banks have to do and makes it more secure 4. Anyone can use the payment system so long as they buy fantom, but all transactions are still publicly traceable by the banks, resulting in lower overhead for public adoption of the system while still keeping it accountable to illicit usage 5. The network pays for itself, making a more transparent market in the fees validators charge to users of the network 6. Encourages banks to set price floors on fantom to secure the network 7. Since it’s permissioned with latest tech it scales infinitely and securely so it will be actually USED for day to day transactions 8.This is all only ONE usecase, stablecoins, which will result in strong network effects for others to adopt Lachesis technology for other permissioned networks, such as smart contract networks and smart cities, all scaling independently
>Being able to deploy PRIVATE, PERMISSIONED networks, with a PUBLICLY traded coin, does several things: >1. Works with the existing banking system not against it by facilitating deployment of a FIAT currency >2. Allows fiat coin networks to be open source and prepare for smart contract adoption/API crypto economy >3. Outsources the internal database management banks have to do and makes it more secure >4. Anyone can use the payment system so long as they buy fantom, but all transactions are still publicly traceable by the banks, resulting in lower overhead for public adoption of the system while still keeping it accountable to illicit usage >5. The network pays for itself, making a more transparent market in the fees validators charge to users of the network >6. Encourages banks to set price floors on fantom to secure the network >7. Since it’s permissioned with latest tech it scales infinitely and securely so it will be actually USED for day to day transactions >8.This is all only ONE usecase, stablecoins, which will result in strong network effects for others to adopt Lachesis technology for other permissioned networks, such as smart contract networks and smart cities, all scaling independently
Good news Fantom mate!! We managed to get shizo banned for racism again!! HAHAHAHAHHHAHAH Guess this is the fucking LAST TIME this CUNT will say shit like chink team exit scammed etc. FUCK HIM!! Last time he got banned fantom lifted off 40% AND NOW WE FUCKING DID IT AGAIN!! PREPARE FOR MAJORE MOON FANTOM LADS!!!!
