Lithosphere is the world's first advanced blockchain interoperability platform

 

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Blockchain is a series of data records that are managed by a group of computers that are not owned by any single entity. These various data blocks are secured and also tied to each other using cryptographic principles.

The network in it has no central authority, because in it are ledger records that are shared and also do not change, all the information in it is open to anyone for those who want to see it.

For this reason, everything that is built on the blockchain is basically transparent and everyone involved in it is responsible for their own actions.

The great benefit of blockchain is that it supports the resolution of trust issues plaguing mankind, making blockchain advancements increase the rate of human improvement. Its progress is relentless because of the human need to reduce costs based on self-esteem. Since each blockchain can carry out scattered value transmissions, in contrast to the mainstream Internet of Information (IoI), the development of blockchain moves us from the IoI clock to the Internet of Values ​​(IoV) era, which can be seen as the third time. from the Internet.

Some workplaces have burned-through epic measures of resources such as impact, fullness, skill, and data, the impact of them being denied or hacked would be outrageous. Lithosphere's vision is to connect all blockchains and break the barriers between blockchains by enabling them to execute with each other. The definitive target is to create an associated blockchain association, a blockchain association that is ready to talk to each other in a decentralized way. With Lithosphere, blockchains can stay alert to leverage, measure trades quickly and talk to other blockchains in a natural framework, making it ideal for setting use cases rather than being confined to a single blockchain network i.e. Polkadot/Bitcoin/Ethereum/Cardano.

This hypothesis is based on the 1982 book “Yao's Millionaires' Problem.” In simple terms, secure multi-party computing refers to a set of players known as P1 Pn collaborating to safely compute a function. Then each of the n participants has one of the input functions f. Pi has a secret input xi and receives output yi after calculation. In this case, security requires ensuring the validity of the computational results, even if some individuals commit fraud during the computational process. This means that after the calculation is complete, each participant must receive the correct result yi, and all participant inputs are protected. Through calculations, Pi can't get any further information other than.

Cross Chain DeFi Protocol
Lithosphere is the world's first advanced blockchain interoperability platform powered by AI. KaJ Labs Foundation, the core developer of Lithosphere introduces; new consensus algorithms, new token standards in combination with other innovations such as Deep Neural Networks (DNN) to make smart contracts smart. The KaJ Labs Foundation aims to introduce more innovations to the blockchain network and ecosystem in general.

  • Litho Utility Coin : The Litho multi-chain token (LITHO) is Lithosphere's native token. Coins offer a variety of functions in addition to the basic value storage and transfer.

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  • LithoSwap DEX : LithoSwap is a fully decentralized cross-chain exchange protocol, based on Lithosphere's Myriad Distributed Key Management (MDKM) technology. LithoSwap allows exchange between any coin on any blockchain that uses ECDSA or EdDSA as signature algorithm like BTC, Stellar, etc.

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  • Thanos Wallet : Thanos is a free client-side interface for creating and using a Lithosphere wallet. Thanos Wallet contains a range of innovative functions like Cross-chain swap, multi-currency storage, NFT DEX, yield farming, lending, lending & more.

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  • LEP100 Token and Litho Launchpad : LEP100 is a multi-contract compatible token development standard for the Lithosphere network proposed by Joel Kasr. It is like ERC20 Ethereum with friendly standards to allow anyone to use any digital currency or token on the Lithosphere network. You can peg to any network using any leading digital asset when you peg it to LEP100 tokens. The Lithosphere Ecosystem is very supportive, and funds all LEP100 bootstrap with various DeFI projects through Litho Launchpad.

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  • LUSD Algorithmic Stablecoin : The Litho USD (LUSD) coin is similar to the algorithmic stablecoin protocol that operates on the Ethereum blockchain, but unlike coins like US Dollar Coin (USDC) and Tether (USDT) which are backed by audited US dollar holdings or crypto assets such as PAX Gold (PAXG), Litho USD coin is not pegged to the US dollar or any crypto collateral.

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  • True Interoperability: Most blockchain networks that advertise interoperability actually use a compatibility model by forcing connecting blockchains to adhere to their central parachain/Hub to facilitate communication between diversified networks. The Lithosphere project aims to create an ecosystem that facilitates trustless decentralized communication between different cross-blockchain transfers of any type of data or asset (not just tokens) without imposing any standards.

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Inclusive By design
Lithosphere is a platform-level public chain in the digital economy era which as the main infrastructure for value transfer, can connect all types of value, provide complete financial functions, communicate diverse communities and tokens, and bridge centralized and decentralized organizations.

NFT Interoperability
Currently, NFT can only be transferred to parties within certain networks. Currently one cannot pay Ethereum NFT using Smart Chain (BSC) tokens or vice versa. With Lithosphere, users in the ecosystem will be able to receive and send tokens from any and all Byzantine Fault-Tolerant (BFT) consensus-enabled blockchains via dApps in Lithosphere, LithoSwap DEX wallet or Thanos.

Deep Nerve Network
In decentralized finance (DeFi), the Deep Neural Network can help detect abnormal token price movements, which could be part of a flash lending attack. Decentralized autonomous organizations (DAOs) can trade tokens automatically with DNNs trained continuously through reinforcement learning. Content creators might implement a generative adversarial network (GAN) to generate visual art images, and then mark them as non-exchangeable tokens (NFT) that can be traded on LithoSwap DEX.

LEP100 Token Standard
The Lithosphere Network is a multi-chain architecture that allows anyone to develop dApps and other blockchain-based digital assets. This ensures cross-chain trading, minimal gas consumption and fast transactions with secure transactions. LEP100 allows tokens on the Lithosphere chain to function properly

Movement To Promote Blockchain Technology
The Internet of Values ​​currently has usability barriers, which will require continuous improvement in the future. To contribute to the usefulness of blockchain technology, we will start the “Decentralize Everything” movement. The movement will be a long-term project, with monthly training sessions for conventional Internet employees and other technical staff.

Lithosphere App

  • Borrowing and Borrowing
  • Payment and Settlement
  • Transactions and Exchanges
  • Investment and Financing
  • More Apps

Current Lithosphere Features:

  • Interoperability
  • Next generation blockchain for NFT
  • Time Lock Feature
  • Security
  • Scalability
  • Digital Asset
  • Stake
  • Cross-chain game assets.

Conclusion
The Lithosphere project has created a new token standard, Litho currency (LITHO), and a key distribution mechanism to achieve the goal of an inclusive decentralized platform. The original token design consisted mostly of the following five elements: A total of one billion tokens available. The KaJ Labs team set out to create a worldwide blockchain network that is faster, cheaper and more environmentally friendly than existing blockchains such as Cardano, Polkadot, and Ethereum 2.0. The lithosphere can be considered the foundation for both old and new blockchains.

Important Information:
Website: https://l ithosphere.network/
Whitepaper : https://lithosphere.network/wp-content/uploads/2021/07/Lithosphere_Whitepaper.pdf
Litepaper : https://lithosphere.network/wp-content/uploads/2021/07/Lithosphere-Litepaper.pdf
Reddit: https://www.reddit.com/r/lithospheric/
Twitter : https://twitter.com/SuperLitho
Telegram : https://t.me/lithochat
Linkedin : https://www.linkedin.com/company/kaj-labs/

Author :atengsueb
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2597861
My BSC Wallet : 0xA9d93c808D440aD3d8D6442ABb9d4b4ee263b533

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