/LITGEN/ Lition General - 30 Million LITS staked edition

>Latest news
Germany moves ahead with legal framework on Tokenized securities.
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).'
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.'
coindesk.com/german-finance-ministry-calls-for-regulated-blockchain-securities-market

>infovideo
youtu.be/upUoOSnZvdY

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

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

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

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

>Staking Calculator
litionstaking.com/

>Official Site
lition.io/

>Twitter
mobile.twitter.com/Lition_Block

>Whitepaper
lition.io/docs/Lition_Whitepaper.pdf

>Price
coingecko.com/en/coins/lition

>Previous threads (newest to oldest)
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No news = nothing to post about user. Dont let the retards here know before we go parabolic.

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

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

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

You need to initiate a withdrawal

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

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I agree

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?

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Dinosaurs... what woman isnt impressed by dinosaurs

Yeah, all my bitches love dinosaurs.

dumping

Dumping rn

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?

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

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

Where?

Literally dumping as we speak

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

>1y top
>"the current floor"

lol, you dont even try, litjeet

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

samefag just sell and move on nervous fag

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

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 :)

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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.

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?

>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?

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

>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).

regulatory and legal issues*

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

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