Thanks, will add in next one. Can someone give me an explanation of how you run a node? What hardware do you run it on? Do you actually have a desktop that you keep running day and night or can you somehow run it on a raspberry Pi?
Logan Anderson
Its node that hard (haha, get it?). You are renting a Virtual Private Server, install software via command lines to make the server compatible with Litions software, you vest your tokens on a sidechain and you are basically done. You control your server via a terminal window and dont need to have your terminal window or pc running for 24h.
t. the man with the fan-club :^)
Jack James
>phase 2 will be on a new sidechain God I hope its a new usecase, preferably the one for loans
Ryan Jones
How's the network secure if you have 50 nodes running all on virtual private servers of one or two companies that established a monopoly or duopoly in the Virtual private server business?
Brody White
I am talking about the testnet requirements, not the mainnet requirements. We will need to upgrade our servers soon
Aaron Martinez
So will you then run them on your own hardware or some different VPS?
There will be a healthy mix of VPS and dedicated servers. Both can be purchaseable at your favourite cloud provider. The team is very careful to not have hotspots among cloud providers. In the first phase no one batted an eye but the more people join the more the team will tell the participants to choose sometimes different cloud providers. Would like to see some people using ANKR or AWS but that didnt happen yet afaik
The current "cloud provider" is Richards office, I presume?
Dominic Cruz
You pressumed wrongly, user.
Logan Martin
ok, sure ;)
Matthew Torres
Adam kys everyone hates you and not in a light-hearted way. If you don't walk away now we will ruin you.
Angel Morgan
I can only additionally tell you that among the first 5 community there were 4 different cloud providers used.
Who is this everyone you are talking about? You love me since you cannot stop thinking about me. And since you wont make me sell my LIT I dont think you are able to ruin me. Good luck :)
Nathaniel Lee
So, Lition shills. I was interested in buying a bag but I did some research. Now, when I went to the website I thought, ok this looks nice, good product, its already being used, nice sponsorships. But then I took a look at the coins history, and something doesnt add up. The coin has been in circulation for a year, and it kinda just floated around 5m mcap. Now that raises a red flag for me, if they have such a great product, and great sponsors, why is the coin so undervalued, it makes me think that the coin is kinda irrelevant for their product? Like Lition might be great, but LIT is garbage. Enlighten me
Simply put - a failed mainnet and a sell-off of ecosystem tokens that was not accordingly communicated.
Zachary Nelson
That doesnt tell me much, and it doesnt make me want to buy this coin either.
Nolan Jenkins
It should though. Either way - DYOR. Ive spoonfed too many ppl here already
Kayden Richardson
Zero marketing for the blockchain, only the retards on this board will shill this. A failed launch last year, and it being listed on small exchanges with little liquidity makes it unappealing for big buyers atm. However a successful launch, a listing on a proper exchange, coupled with the insane partnerships (eea eminent, sap, tokeny, inatba, ...) could send the price trough the roof. And Im not even taking in account their energy business, which brings real world use and revenue to the blockchain
Benjamin Nguyen
I'll spoonfeed my dick into your ass you little bitch
Camden Lee
The mainnet failed the first time it launched. This caused the price to crash pretty significantly. They spent about a year fixing and privately testing mainnet. That mainnet is in the process of launching right now. They said it would launch "well before Q3" but there's been some delays, though progress is steady and there haven't been any actual issues with the mainnet itself.
The team sold ecosystem tokens and didn't tell people about it. I honestly still don't know why this is an issue because the price would just crash harder if they told everybody there was going to be an ecosystem token selloff before doing it.
Those are the two reasons are why lit is so cheap. This project had a rocky start, but it is poised to make huge leaps in integrating blockchain technology in European energy and financial markets (but there are other potential applications too). Normies across Germany will be (and are currently) using LIT to buy energy. SAP and other financial institutions are also going to be using LIT. There will be other usecases in the future as well. Germany is pushing to make their energy consumption "green" and Lition provides it cheap. Other EU countries will follow suit because Lit is currently the only GDPR compliant blockchain to tackle this issue. Note that Germany has already noticed LIT, so there is a high likelihood that the biggest player in the EU will be shilling lit to any European country that will take it.
I have placed the spoon directly into your mouth and I hope you appreciate it. There has been a pretty aggressive FUD campaign against LIT but you should know that the people fudding own LIT. Mikefromcrash admitted to fudding to accumulate and has been caught samefagging so watch out.
Wyatt Sanders
>I'll spoonfeed my dick into your ass you little bitch
Lition insider here. Oh man I signed an NDA but I can't keep this to myself anymore. The testing has been a disaster. The dashboard isnt even real, it's just fake numbers. Richard decided to bring in 5 TG normies to test mainnet (I know, right?!) and they have no idea what they're doing. This one guy in particular, Adam, who barely speaks a word of English, already crashed testnet twice. And it took him two weeks to set up his node. He kept delaying, saying he was scared of causing "electrical infetterence". I don't even think that's a word. Anyway it turns out the real reason it took him so long was because of gas fees. That's right, gas fees! He refused to pay the ten dollars, and every time we told him to "just fucking pay it" he started stomping his feet on the ground and screeching really loudly, saying he was going to tell his mummy about this. Mainnet would have been released last week but the entire project was delayed again because of ten dollars. >Adam admitted it pic related
>telegram pajeets are in panic mode and rankeesh gang in denial phase
>>>imgur.com/a/IMCsGyG oh look all the addresses i said will sell in the next few days did what i said, oh wow how did i know this? do i have a crytal ball hahahahahahahahahahaahahha
>Richtard: we finished phase1 test, now phase2 test begin and take 1month to finish, after that we will do phase3 and phase4 >"only 11days left before end of q3" >Richtard: what do you mean we have only 11days to deliver mainnet? who told this fud? mikefrommumbai? don't listen to him he is fudding everyday to buy lower, we will release mainnet when its ready and never ask us again about mainnet release or token dumpening or we will ban you for baseless fud, NEVER EVER
bro why are you fudding? its not the team selling it just random people from around the glob doing the same shit every single time because they implemented elon mask chip in their brains to synchronize every trade they do
lmao
>Can you explain the synchronisation please Michael i will post you some of the august dumpening addresses and you judge for yourself if you believe they are controlled by multiple and independent persons from around the globe or by one entity or person (i know you have a donkey brain and you will say that doesn't mean anything but i will waste 5min just so other anons see my post and keep away from this scam)
what is in common between all this addresses: -all of them are new addresses -all of them got their tokens from early investors tokens -they always sells with same patterns and behavior -they all kept their money and didn't cash out anything (like in april-may dumpening) -all of them converted their ether to usdt at the same day and hour (04/09/2020 --->15days and 2-3hours ago)
Ryan Foster
Has the TG admin answered this yet?
Zachary Kelly
>Richtard to tg jannie mark: how dare you ask us about litsentbymistake? who give you the right to question us? if you ever repeat this big mistake i will stripe you from tg jannie role and give it to adam the loyal brainlet dog
>9day remaining >7 working days remaining >still didn't start testing phase2 >still didn't choose the new 5 trustnodes tiktok rankeesh gang tik tok, it just take 200k shition market sell on idex to crash the price to oblivion there is atleast 3millions shition bought by weak hands in the 30k-40k geiw range, they bought it from the team selling the top again atleast 1/3 of them will start selling when they announce mainnet delay another 1/3 will start selling when they see the bloodbath (weak hands buying high selling low as usual)
tiiiiiiiiiiiiiiiiiiiiik toooooooooooooooooooooooooooooooooooook loyal dogs >mike was the only person who exposed the team "bep brigde" dumpening >mike also is the only person who is exposing the team "litsentbymistake" dumpening why there is no smart anons in Zig Forums? i guess the real smart ones never post here and use all those informations and data analysis to profit from it and not make everyone aware of it, hmmmm i guess im not that smart after all but atleast im honest >ps: quadrupled my shition holdings in only 2 months and now im selling the top, enjoy the dumpening from me
>tfw someone laughed at me because i only quadrupled my money in 2 month noooooo you can't mock me like that, that not fair i only quadrupled my money while all of you are down -30% not fair not fair not fair not fair not fair not fair not fair not fair not fair
Jonathan Allen
it must feel shitty to be bagholding a worthless shit while we're entering a mini bear market with a big crash in late october, i will make sure to buy another bag at 1c like i did in late july (maybe some user will listen this time)
>I checked the top wallets and you're not holding the amounts of lit you're saying you are oh we have a smart ass here, who told im still bagholding? im playing the arbitrage game like all the other bots on uniswap and lition is the easiest and most profitable one for me as its always predictable who is gonna dump and when so i always can plan my moves in advance im sure someone with your brain won't understand that >spennypoo:Mike are you there? >was going to post something but stopped when i read they have difficulty founding the addresses with "litsentbymike" txs, the same addresses i posted here 2 weeks ago >someone told them i didn't see any address with "litsentbymike" txs dumping on idex and uniswap >another one said those dump are too small, yeah he wanna see 2 million shition dump in one day to believe it true, but if they are getting dumped every single day in a span of 1month he won't care, no wonder whales always wins the pump and dump game again brainlet like him (oh the price is slowly crashing by 0.5% everyday for 2 months its ok i will hodl---> oh no the price crashed 20% in a single day time to sell) kek not gonna lie in the past i was 100% convinced people were saying im a liar and a fudder because they know what i found is true but now i question even their intelligent with a brain damaged ape
Connor Edwards
lol. I feel sorry for McDump, banned for no reason, atleast he had some balls to ask the jannies
