LTO Network

by Legal Things

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Tendermint

by Interchain Foundation

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Stakenet

by Stakenet

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LTO Network

by Legal Things

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Tendermint

by Interchain Foundation

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Stakenet

by Stakenet

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What problem does this service solve?

LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.

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Company Description

The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

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