price is crashing, poor communication about future
i´m loosing trust myself and i´m holding 400k
Landon Clark
Why are you shilling a coin that does nothing but lose money you fucking dick
Jonathan Robinson
We're back at 6 cents, crybabies.
Nathan Carter
>loses 80% in ETH value >stop complaining goy! Kill yourself
Logan Perez
if you are holding a stack this big every drop is sicnificant
especially when eveything is mooning, i have the feeling this project will be known to people only when we´re in a bearmarket again
Jordan Cruz
It isn't the right coin to sit in during a bullmarket. I believe in LITION, but as you say, it is for a bearmarket, not a bull.
Jacob Sanders
I dont find the drop logical. Nor unprecedented. This is like the sixth drop of this magnitude. And we are still holding a higher low. Off course it's shit, but this is crypto.
but you see how ocean has a huge mcap based on speculation for that
Bentley Martinez
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Leo Miller
Ok that's interesting. But Ocean is a 225M project, Lition is a 3M one right now (lmao)
So this potention Vietnam Central Banking Usecase will be to monitor crypto transactions in the country? I imagine that if you're Vietnamese you would have to provide your adresses to the government? These would then pick up every transaction made from every vietnamese adress and log them on the Lition sidechain or so? Between Bitcoin, Ethereum, Litecoin, Bcash and Ripple there are about 2.5M txs worldwide per day. With Vietnam having 1/80th of world poplation that would be approx. 30k txs/day?
Jonathan Hill
thx didnt have to wait long
Caleb Adams
3 mil/day probably
in the whitepaper they said that for every customer from the energycase would use 100 tx/day (they changed that a bit cause of eth fees but anyway)
if a central bank would use it i reckon you can go in the millions of tx´s/day,, would be a wet dream and make me an instant millionaire..
but till we get there, i´ll keep dreaming
Ian Collins
How? Why do you think this will be 3M/day. Do you base this off of something or just because it's a central bank they must do a lot of them?
Austin Cox
Vietnam is a strongly growing economy and I think they are in the top 3 among growers.
Julian Scott
Injective Protocol has been a Decentralized Exchange has a goal of becoming the best trading platform for retail traders, market makers, and investment institutions by developing useful financial tools for community networks.
If you count EOS and Tron transactions and BSV, USDT, XMR etc. Then I come at 12 Million txs. So then it could be about 150k txs/day from this usecase. Off course if crypto gets higher adoption then it's possible that it would grow to a million per day or so. In any case it would be anywhere from a medium sized usecase to a massive usecase. And it could open up the way for other central banks.
Not hard to imagine a future where each government will have a list of whitelisted adresses of their constituents and use the Lition app to track every transaction executed on a number of state-approved blockchains.
Robert Myers
i based this on your 30k tx´s per day..
with 100k customers for the energychain they would have around 1 mil tx´s
so i was just extrapolating your math
Xavier Morales
Yeah but you need to think about what kind of service will they actually provide to a central bank.
From the tweets: >Issue, monitor digital currency usage and transactions
It seems to me that this will be a way to get this back unbanned by having a dapp that monitors these transactions that happen inside Vietnam. It's hard to estimate how many transactions can stem from this but... Lition is worth 3 Million for crying out loud! kek.
Nathan Ross
30k was just central banking usecase. Trying to imagine what that service actually would be...
>Not hard to imagine a future where each government will have a list of whitelisted adresses of their constituents and use the Lition app to track every transaction executed on a number of state-approved blockchains.
>It seems to me that this will be a way to get this back unbanned by having a dapp that monitors these transactions that happen inside Vietnam.
Easton Gonzalez
let´s hope for a nice usecase and a big exchange early 2021...
i hope the transactions of the energy usecase become ´real´ and we finally get a piece of that pie that was promissed month ago!
