LTG is the abbreviation of Living the grace. It is an open source public chain successfully developed by the LTG Foundation of Kyrgyzstan for more than a year. LTG uses storage and mining technology, Proof-of-Storaoge and PoRep to store data and space-time certification , Generate the "fastest solution" of the block, win the mining accounting rights, and obtain the mining reward LTG. LTG makes full use of idle resources for mining, environmental protection and efficiency, low threshold, and LTG provides security for personal and corporate data, without worrying about data leakage, low-cost storage; LTG miners provide users with storage space to obtain token rewards, the current LTG block The chain network disk has been put into use. Each user provides 5G free data usage. You can store customer pictures, videos, music, files and other information in each mining machine through block slicing. All information can be traced back and never lost. It will soon launch a mobile APP version, which automatically backs up mobile phone videos, photos, and file information. If you exceed the gift space, you need to pay LTG tokens, so you can get LTG profits. Soon it will be open source for commercial use, this is the application of hematopoietic function of LTG server.Download white paper
1. Deep integration of cloud computing and artificial intelligence
A large amount of data is usually stored on the hard disk, and the size and usage of the hard disk space of each computer are also different. The combination of cloud computing and artificial intelligence can effectively integrate Compute and Networking , Storage and other resources coordination management. LTG open source storage uses cloud computing to maximize the allocation of each hard disk space, achieving cloud computing flexibility and time and space flexibility.
2. LTG open source public chain supports ETH \ ETC double mining LTG, while increasing revenue, it can also use blockchain technology to integrate global idle hard drives and bandwidth shared storage, shared bandwidth, improve processing efficiency, and reduce resources Waste, both environmentally friendly and efficient.
3. Proven and mature open source public chain
The entire system has been tested repeatedly, and is running on the exchange, supporting full customer service and multi-voice user experience.
4. Advanced data application matrix
LTG uses cloud computing storage to build a cloud-native service system, combined with artificial intelligence learning skills, and 5G technology data processing to form a complete set of fraud prevention mechanisms.
5. Core technology with obvious advantages
LTG has authoritatively certified memory matching technology, with a processing speed of up to 3 million orders per second, much higher than the industry average. The LTG transaction process reduces access to the database, matching results and intermediate data are also completely stored in memory, and can reduce the system's input and output process. Matching based on memory can greatly improve the matching speed.
6. International investment advisory team
In addition to LTG ’s own project team, the LTG community also has rich resources and numerous partners to provide liquidity to the platform and help the community operate.
7. LTG combines the advantages of consensus mining and application mining.
Hard disk mining (HDDMining), also known as "storage mining", is the process of acquiring cryptocurrency based on hard disk storage. Unlike traditional mining based on graphics processing units (also known as GPU mining), hard disk mining uses POC capacity proof mining. Hard disk miners use hard disks to generate new data blocks in the distributed ledger and receive rewards. The simple point of the POC capacity proof mechanism is to use the idle space in the computer hard disk to mine to obtain revenue. The larger the hard disk space, the more stored content can get more rewards.
Compared with PoW mining, hard disk mining has the following six major advantages:
(1) No need to buy an expensive motherboard with a large number of PCI slots;
(2) No need Advanced GPU;
(3) Hard disk mining software installation and configuration are generally simple;
(4) Hard disk does not require a lot of graphics processing, so the energy consumption is very small, saving power costs;
(5) When the hard disk is running, the heat is small, and there is no need to use a fan to reduce the temperature of the device (but general professional storage mining machines are equipped with fans, and professional mines are equipped with temperature control systems); The whole process of mine is simple and easy for beginners.
In summary, hard disk mining reduces configuration costs, saves electricity costs, and lowers the mining threshold.
Trillion-dollar clubs of global companies, Amazon, Microsoft, Google and Apple, all do cloud computing. Apple also announced high-profile cloud computing this year, with high-profile companies digging into corners.
Cloud computing is the main contribution of trillions of dollars. Recently I thought about selling 400+ Tencent shares. A few days ago, I met a person from Tencent who was working on social software. Do that kind of business with a little gray. The business logic is very clear. Trillion-dollar companies all do cloud computing, but they all need real-name systems and require credit cards. I have bought AWS, Alibaba Cloud, and Tencent Cloud, all of which have real names. In cloud computing, there must be a market that is anonymized. Anonymization is mainly to protect privacy, which is a very important thing. There is a whole set of services to ensure privacy is extremely high to promote further marketization of the world. Do n’t think of anonymity as gray or illegal. Now that cloud computing is so important, the related privacy and security issues are already very serious, and cloud service providers are already monopolizing everyone's data. Blockchain technology is likely to win the anonymous cloud computing market that can protect privacy. Cloud computing is a complete set of solutions for managing and using computer resources—computing resources, storage resources, bandwidth resources, and software. We go to Jingdong to buy a computer, install broadband, and install software, which is "local computing." "Local computing" has many inconveniences. For example, it will crash, the performance is not flexible enough, the scalability is poor, it takes up space, and it is not portable ... If you have a computer yourself, then go to Alibaba Cloud and buy another server, you can use "local" "Computer" controls "cloud computing" and enjoys better computer resource services. Buying cloud computing services now requires an account registration, which basically requires a real-name system. All data using cloud computing also exists on cloud servers and is controlled by cloud service providers, which brings serious privacy and data ownership issues. If you are a software company that develops apps, do you hope that one day you will no longer need to buy a server to provide services to C-side users? After you write the program on your local computer, you directly deploy your app to the Internet by "sending". You don't need you to manage the hardware at all. After the deployment, it is also completely automatic. Of course you need to promote your app. When users use your app, users pay for "cloud computing." Blockchain technology can achieve this.
Use Ethereum wallet to send "transactions" to deploy Dapp to Ethereum network. The deployment process requires developers to pay a certain amount of ETH as a miner's fee. The deployment process only requires the developer to apply for an ETH account, no real-name system is required, you can simply download a wallet to apply. After the deployment, the developer can completely do nothing during the actual operation of the Dapp. In order to obtain users, developers need to do promotion and operation, and tell users their products. Users need to use ETH wallet to use Dapp. Dapp can be built with the developer's collection address, and users can pay for the address to purchase specific services. The process of deploying the “App” using the “cloud computing” method is as follows:-The developer develops the app, including the server and the client-registers Alibaba Cloud and purchases the cloud server-deploys the APP to the cloud server-will The App client applies to the AppStore and Xiaomi App Store, etc.—Operation lets users know—Users download the App from the App Store—The actual computing resources consumed by the App are on cloud servers.
The process of using the LTG network to deploy the "Dapp" is as follows:-the developer develops the Dapp-deploys the Dapp to the LTG network by sending transactions to the user-the operation lets the user know-the user from Use Dapp in the server-the computing resources actually consumed by the Dapp are provided by the miners on the LTG. Simple Dapps do not need to buy cloud servers for hosting, and they can run 100% on the LTG network. Dapps that are more complex or have particularly high requirements for immediate performance can be implemented using a public cloud + LTG hybrid deployment method, that is, using a public cloud to bear the main interactive pressure, and LTG for basic operations and data storage. At present, the traditional blockchain 1.0 and 2.0 are used to implement the functions of cloud computing. The performance is very poor and the user experience is very poor. It is far inferior to the more mature public cloud. From another perspective, almost all of them are now with servers. All users use Dapp, actually rely on the server, the computing resources consumed are basically running on a cloud server. Furthermore, in fact, all the computer resources of the miners are also purchased cloud servers. Including BTC, in fact, all nodes are also running on cloud servers. Users are called on to use "local computers" to build nodes themselves, but the real productivity is cloud computing, and mining pools all use clouds. It is awkward to use blockchain to act as cloud computing now. In fact, it is all behind cloud computing, but its performance is much worse than cloud. The reason for the poor performance is that early blockchains bound computing resources and data consensus together. The efficiency of data consensus is not as good as that of centralized architectures, and it also drags the back of computing efficiency. LTG uses the 3.0 blockchain technology to cloudize the idle network, computing, and storage resources of the society, and at the same time separates the chain consensus from the cloud resources, ensuring that the cloud resources of the LTG network can provide users with efficient services. , And will not be affected by the consensus characteristics of the blockchain. The LTG network has already achieved the first step, distributed cloud storage, and is now advancing to the second step-distributed cloud computing. In the future, users around the world will be able to use the cloud services provided by LTG everywhere, and payment and settlement will be more convenient. You do n’t need to use a credit card to pay for LTG tokens.
Started the project in March 18, completed the R & D and started testing in July 19, the Gigabit LTG mining pool was successfully developed and tested in October, and the LTG mining pool will be put into use in May this year, and the redemption wallet will be put into use in May , Will attract more idle hard drive miners on the market to mine LTG.
From January 2020 to now, LTG can lease BTC mining machines in the Gigabit mining pool. LTG points exchange has been opened on March 20, supporting LTG points payment, and LTG distributed cloud storage network disks were put into use in April , LTG distributed server network disk cloud storage, supporting distributed storage projects such as government cloud, enterprise cloud, medical cloud, personal information and other cloud storage applications. LTG blockchain storage technology is fragmented, multiple backup and repair technologies, and decentralized storage. The uploaded videos, pictures and files are more private. LTG network puncture technology can identify how much T storage space the server has contributed through the blockchain, and give the server a certain LTG as a block reward according to the contribution rate. Users get the right to use storage space by paying LTG, without going through any organization or individual, and ensuring that information, files, and personal privacy are not leaked. The server owner can only see the garbled characters when opening the server hard disk, and deposit it through the cloud, nor will he know who saved it and what it saved!
In June 2020, it is expected to reach 10,000 servers, which can realize small-scale services such as government cloud, enterprise cloud, and medical cloud. LTG can be used to obtain server space for urban traffic security data storage, medical, enterprise, Data services such as personal data backup.
In December 2020, it is expected that the server will reach more than 100,000 servers. The development of blockchain cloud computing will be started to realize large-scale commercial cloud computing and storage. Paying LTG to get storage space can provide it to companies with huge demand for video storage. For example (Douyin, Kuaishou, watermelon video, Toutiao, iQiyi, etc.)
Redemption of public chain wallets can consume and withdraw cash globally, Taobao shopping, is a decentralized redemption system that realizes global circulation applications, There are tens of thousands of merchants in the wallet who can get the biggest discount by redeeming the card. If you have your own product, you can also go online to the wallet to get more than 10,000 customer resources. In the future, code scan payment is still being developed. As long as the other party shows the WeChat and Alipay QR codes, they can directly pay for LTG consumer transfers. Achieved global fast payment. With the advent of the 5G era, the demand for the storage market will usher in explosive growth. The LTG project can truly be based on the trillion-dollar distributed storage market.
Gigabit and the LTG Foundation are strategic partners. Gigabit is a new technology company with high reputation at home and abroad, rich in power resources (two power companies in Kyrgyzstan), more than a dozen bitcoin mines and Gigabit The mining pool, a professional technical core group, has unique advantages in project creation and team operations. It is a VIP customer of many mine pools such as BTC mining pool, fish pond and ant mine pool. The LTG Foundation authorized Gigabit to develop the Gigabit LTG pool to support Solo and Poc decentralized mining.
Mine pool node
Every 4 minutes, each block has 600 pieces, and 216,000 pieces are dug every day, 78.84 million a year.
Halved every four years
95% of mine's own mining revenue
Destroy the combustion mechanism
The LTG charged to the mining pool worth 90USDT per T is destroyed and burned, the server number is obtained, and the mining software is bound to realize mining.
Charge 5% of the entire network
Mine pool pledge mechanism
The mining pool node pledged 2 million LTGs to obtain the qualification of mining pool node.
Mining pool penalty mechanism
Mining pools must receive 100% of the LTG mining rights to destroy and burn. If they violate the regulations and deduct 2 million LTG pledges, they will be disqualified.
The entire system has been tested repeatedly in Silicon Valley and is operating on the exchange, supporting full customer service and multi-voice user experience.
Using cloud computing storage, building a cloud native service system, combined with artificial intelligence learning skills, 5G technical data processing to form a complete anti-cheating mechanism.
The authoritatively certified memory matching technology, processing speed of up to 3 million single / second, far higher than the industry average
Rich resources and numerous partners provide liquidity to the platform and help community operations.
Artificial intelligence and distributed cloud storage concepts and collision of block chain technology, combining with the development trend of planning LTG blueprint.
Combined with the resources, to determine project feasibility, looking for high quality partners.
Project started, team recruitment.
LTG is developed into the test.
LTG foundation authorized gigabit development pool.
Gigabit LTG mineral pool development success, for testing.
LTG Online exchange.
Public open source code, the realization of the dig.
LTG online mall
LTG cloud cloud storage application.
More than 100000 storage nodes.
Provide edge storage data analysis and processing.
LTG distributed server network disk cloud storage supports distributed storage projects such as government cloud, enterprise cloud, medical cloud, personal information and other cloud storage applications.
Global launch on December 3, 2019. In May 2020, the first online disk application of the LTG public chain was launched. LTG blockchain storage technology is fragmented, multiple backup and repair technologies, and decentralized storage. The uploaded videos, pictures and files are more private. LTG network puncture technology can identify how much T storage space the server has contributed through the blockchain, and give the server a certain LTG as a block reward according to the contribution rate. Users get the right to use storage space by paying LTG, without going through any organization or individual, and ensuring that information, files, and personal privacy are not leaked. The server owner can only see the garbled characters when opening the server hard disk, and deposit it through the cloud, nor will he know who saved it and what it saved!
In June 2020, the LTG public chain wallet can be connected to MasterCard, which can consume and withdraw cash globally. It is a decentralized payment system and realizes global circulation applications.
In September 2020, it is expected to reach 10,000 servers, which can realize small-scale services such as government cloud, enterprise cloud, and medical cloud. LTG can be used to obtain server space for urban traffic security data storage, medical, enterprise Data services such as personal data backup.
In December 2020, it is expected that the server will reach more than 100,000 units, and realize large-scale commercial cloud storage. Pay LTG to get storage space, and then it can be provided to enterprises with huge demand for video storage. Headlines, iQiyi, etc.). With the advent of the 5G era, the demand for the storage market will usher in explosive growth. The LTG project can truly be based on the trillion-dollar distributed storage market.
1、President of the BTC Mining Association of Kyrgyzstan
2、National social leaders
3、Gigabit Chairman of the Board of Advisors
4、Chairman of Hashak Blockchain Co., Ltd
5、General Manager of Sekna Power Company
Left: President of Kyrgyzstan: Soronby. Jennbekov
Right: Chairman of the LTG Foundation: Hot Taye Lee
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