Topic: [Ann] Latinum 🔶 ⭐️ Making Crypto Decentralized Again ⭐️ 🔶 (Read 191 times)

Any updates? How will the first users acquire Latinum?

Thats true because of too much scam in crypto market investors are not willing to invest in anything that is just hypothetical. If project is backed by company that physically exists then it gives it a good advantage over other project. I am sure they can easily gather there soft cap.

I am waiting to see on which exchanges this coin will be listed. I have seen many projects that are initially ignored but once they hit exchange they break all record. DYOR on this project and grab it before it comes to exchange.

I am interested in knowing what sort of model you will be following like it will be controlled inflation like BTC, deflationary model or other. Its very important to keep in check the supply of tokens, they must be limited by any means. 

LifeRhythm Labs, Inc. is also backing LifeRhythm Medical Services, LLC so there is physical company that is backing all these blockchain projects which is good thing. This will defiantly boost the confidence of investors to invest in this token. 

These things are very much found in Satoshis original whitepaper but with time they are no more existent in BTC. Distributed Ownership and transparency is not found in most of cryptos these days. Lets wait and see for launch of this coin. I think it will be something interesting.

If we see platforms like EOS and TRON that are solving the blockchain trilemma then we see that although they are solving the problem of scalability they are getting closer to centralization or vice versa. There is shortage of decentralized cryptocurrency in the market and we badly need to fill this gap asap else crypto true spirit wont be anymore.

Digital marketing is great way to promote your project. I suggest try to reach out to private investors also to raise funding's. I this way you wont be dependent only on crowdsourcing activities for getting funds. It getting tough to generate funds through Crowdsourcing these ways.

Indeed there is scarcity of true decentralized tokens. Majority of good tokens that have real world use cases are fully centralized like BTC, XRP. It can be surly a big hit if they can launch a token that is fully decentralized.

Seriously we need decentralized crypto as BTC is very much centralized in few hands. Decentralization is what Satoshi proposed in his original paper and unfortunately BTC is now very much far from this concept. Lets hope Latinum bring decentralization back. 

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 At a high level, Latinum is a cryptocurrency & blockchain based ecosystem of technologies designed to track ownership, store value, protect privacy, avoid censorship and provide an alternative payment method; while remaining transparent and fairly governed.
  Latinum was initially conceptualized as a competition to current digital forms of monetary value storage & transfer, however, during a prolonged process of industry evaluation, it became clear that what the crypto industry lacked was an asset with hybrid monetary properties. An asset that serves the purposes of Cash & of Gold. Something that can be spent easily & stored easily. Something that would provide equal economic opportunity today & in a decades' time.
  This was the birth of the LAT network and coin. Just as time serves as the unit of account in the progression of biologic life, the LAT token serves as the unit of account within the Latinum ecosystem. Any participation within the system demands expenditure in the LAT coin. Moreover, the token’s economic model is built upon the deflationary monetary principles of Austrian economics. The concrete supply side does not fluctuate from dynamic demand, rather its predictive supply side machinations act as a hedge against legacy inflationary systems.

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Security
Built on the proven cryptographic primitive of Bitcoin; Latinum provides standard transactional security and settlement guarantees.

Sound Money
Portability, divisibility, accountancy, borderlessness, fungibility, value preservation, economic decoupling, inflation resistance. Latinum is an anti fragile asset composed of established monetary principles.

Transparency
Accountability, visibility, and verification are at Ledger. All activity that happens on-chain: the core of the Latinum Distributed stays on-chain.


Distributed Ownership
All trading and interactions on the Latinum blockchain happen directly on-chain. No involvement of 3rd parties, pure P2P.

Pseudonymous
Participation does not incur the loss of privacy, accounts are defined by address not identity.

Sustainability
Latinum is looking forward to reduce the carbon footprint that is associated With the energy intensive demands of Proof-of-Work mining.

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​​Latinum Core is a software in the form of a distributed value network built on the same cryptographic primitives that hold hundreds of billions of dollars in Bitcoin value secure. The Latinum Core code repository will be openly available for inspection and developer involvement on GitHub. As stated earlier on, initially only trusted entities (specified by the Latinum Core Development LLC. team) will be able to join in order to participate. As the amount of contributors grows the code will become more easily accessible for the broader public; until the Latinum Core team is almost entirely pushed out and replaced by the community.
The constituent software technologies of the Latinum Project can be definedthrough the following 3 fundamental elements:

✔︎ Ledger (Distribution)
✔︎ Token (Economic)
✔︎ Security (Governance & Consensus)

✔︎ Ledger (Distribution)
The Latinum Ledger can be interpreted as a Public Bulletin Board. This bulletin board records absolutely any and all on-chain interactions with the Latinum network; this includes transactions, HTLC's (Multi-Party Wallets &Send Layer solutions), wallet address "type" registry, bounty activity, among other things. As in the case with Bitcoin & other alternative digital asset projects, the ledger is the mechanition acting as the "source of truth".Moreover, a ledger acts as a neutral, trusted, unbiased, autonomous third party.

✔︎ Token (Economic)
The Latinum network comes with its own native token, the LAT token. The LAT token is implemented as a tool for the transference of value between two parties on the network.

✔︎ Security (Governance & Consensus)
The Latinum network implements the highest level of encryption to all of its according activity by utilizing the core mathematical prerogatives that secure government level material as well as current international computational standards.

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