SuperLitho x IM community AMA RECAP
🐋TELEGRAM AMA : Im Community & SuperLitho 🐋
⏰ AMA Timing : 24th Dec 2022 l 02:00 PM UTC I 21:00 UTC + 7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100$ USDT
Bà Tân | : Welcome @emranrx from SuperLitho ���
Bà Tân | : Welcome everyone. Today Im Community will host AMA with SuperLitho.
Bà Tân | : Today our guest is: @emranrx from SuperLitho.
Ahrix : Welcome @emranrx to the IM community.
Emran | will never PM you First : HI Merry Christmas ������
Bà Tân | : Can you introduce yourself to our Im Community?
Emran | will never PM you First : Sure HI i am Emran Haque . Lithosphere Community Manager . I have been in cryptocurrency for about 6 years and I have good skills with management with the community and growing the project as well thanks .
Bà Tân | : Thanks for the introduction❤️❤️
Bà Tân | : Today’s AMA will have 2 session
Session 1: Project Introduction
Session 2: Free Asking (will choose 5 question)
Bà Tân | : So let’s start the first part of the AMA — questions from Im Community!
Bà Tân | : Q1.Can you briefly describe what is Lithosphere? We would like to know more about it and how it works. @emranrx
Emran | will never PM you First : Lithosphere is the next-generation platform for cross-chain decentralized, censorship resistant applications powered by AI & Deep Learning.
The Lithosphere network introduces a novel consensus algorithm, a new token standard and other innovations like Deep Neural Networks(DNNs) to make smart contracts smarter with the help of AI.
Lithosphere’s vision is to connect all blockchains and break the barriers between blockchains by allowing them to transact with each other. The end goal is to create a connected network of blockchains, a network of blockchains able to communicate with each other in a decentralized way. With Lithosphere, blockchains can maintain sovereignty, process transactions quickly and communicate with other blockchains in the ecosystem, making it optimal for a variety of use cases instead of being limited to one blockchain network i.e Polkadot / Bitcoin / Ethereum / Cardano.
Bà Tân | : Nice, thanks for such a detailed answer, lets move on!
Bà Tân | : Our second question is…
Bà Tân | : Q2.What are the outstanding features of Lithosphere compared to other projects? @emranrx
Emran | will never PM you First :
Inspired by earlier projects like Bitcoin, KaJ Labs is committed to contributing towards building a new internet (Web3 and beyond) for borderless, permissionless and trustless dApps that’ll improve people’s lives in many ways.
Lithosphere is the world’s first AI powered, advanced blockchain interoperability platform
Fully Decentralized without Third-Party Participation Secure and stable
One-Time Account System
Ring Signature Scheme
Ring Signature Scheme
Also our Design Objectives The major benefit of blockchain is that it aids in resolving the issue of trust that plagues humanity, making blockchain technology raising human civilization’s level. Its growth is unstoppable because of the human need to reduce transactional expenses. Because each blockchain can perform peer-to-peer value transmission, unlike the original Internet of Information (IoI), blockchain technology moves us from the age of IoI to the age of the Internet of Value (IoV), which may be considered the third generation of the Internet.
Bà Tân | : Great, thanks!
Bà Tân | : The other thing that our community may be curious about is…
Bà Tân | : Q3.What role does the $LITHO token play in your ecosystem? What are the benefits of long-term holding? @emranrx
Emran | will never PM you First :
Distributed Private Key Management and Smart Contract Virtual Machine
Because DeFi assets are displayed as tokens, they can substantially improve the interoperability of the Internet of Value and make increasing scalability much easier if multi-token smart contracts can be implemented. The present cross-chain technology is mostly side-chain technology, which uses a two-way peg to transfer transactions to side chains and multiple signatures to exit side chains. Such a method can only produce atomic transfers, and the results are unsatisfactory in nearly every way. We need to create a public chain that allows other tokens to be mapped to it in a more inventive fashion, so that multi-token smart contracts may be created.
ALSO DNN This is prohibitively expensive for computationally intensive smart contracts involving DNNs. Second, existing blockchain platforms expect smart contract transactions to have deterministic, reproducible results and effects. In contrast, DNN is usually trained / run lock-free on massively parallel computing devices such as GPUs, TPUs, and/or computing clusters, which often do not yield deterministic results.
Litho is the native coin of Lithosphere. Both cross-and intra-chain transactions consume a certain amount of Litho. Litho is also used in security deposits for the cross-chain verification nodes. Litho / $LITHO is the currency of choice in the Lithosphere network although another crypto can be used as well since the Lithosphere blockchain supports interoperability.
LITHO’s max supply is 1 billion.
Even if a portion of the network is paralyzed or some important shares are lost, the entire system maintains stability and security.
LITHO Tokenomics -
Bà Tân | : Great, sounds promising, thanks!
Bà Tân | : Please give our community some info on the next point
Bà Tân | : Q4.Can Lithosphere team please update some Lithosphere latest news or major events to attract more users? @emranrx
Emran | will never PM you First :
LITHO will support & Burn ❤️���100T Shiba Inu in Finesse P2E Series’ SHIB Metaverse. @KaJLabs
��� More — https://www.bloomberg.com/press-releases/2022-12-12/lithosphere-litho-blockchain-announces-plans-to-support-burn-100t-shiba-inu-in-finesse-p2e-series-shib-metaverse
The KaJ Labs foundation initiates the 2.5T #LUNCburn ���������
���Details — https://bloomberg.com/press-releases/2022-12-19/lithosphere-litho-blockchain-burns-millions-of-terra-luna-classic-in-anticipation-of-finesse-p2e-game-release…
lithosphere core developer KaJ Labs has burnt millions of #LUNC in anticipation of the upcoming official release of Finesse: Shadow Warriors where LUNC will be burned during game play.
Also : Lithosphere Integrates Chainlink VRF on BNBChain
Bà Tân | : Impressive, thanks!
Bà Tân | : And the last question is…
Bà Tân | : Q5.What is the development roadmap of the Lithosphere project at the present time and in the future? @emranrx
Emran | will never PM you First : here is our Update ��� Roadmap
Litho Testnet Makalu Goes Live!
Jot Art NFT Marketplace Launch
DAO / Community Governance & Proposal Flow Established
MDKM Stable Release
JOT CEX & DEX Listings
Finesse: The Kingdom MMORPG Public Beta Live.
Lithosphere Mainnet Launch ✨
Litho White Paper Update
Fleek DAO on Lithosphere Testnets
Finesse Series Migration To Lithosphere
LEP100 (JOT) Launch & Contract Updates
Litho Launchpad Testnet
UPDATED ROADMAP 2022–2024
The KaJ Labs Foundation and the Lithosphere community are building the financial infrastructure of the future. Keep track of our progress and check out what’s on the horizon by following our roadmap. The Lithosphere network’s roadmap is broken down into four key phases that lead to mainnet launch.
Bà Tân | : Great answers!
Bà Tân | : Thank you for your efforts and time ���
Bà Tân | : Alright, Session 1 has finished perfectly. Appreciate your detailed responses @emranrx ���
Bà Tân | : End of session 1
Bà Tân | : We’ll move on to session 2
Bà Tân | : Session 2: Free Asking (will choose 5 question)
Bà Tân | : Don’t forget to join the group https://t.me/lithochat
Emran | will never PM you First : Lovely lets go anther part
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @emranrx some time to go through them.
Ahrix : Don’t forget to join the group https://t.me/lithochat
Emran | will never PM you First : WOW give a time i will choose
Q1. Every project has a set of objectives. What are $litho’s objectives? What is the $Litho design goal as well?
Emran | will never PM you First : Please respond.
Your order is my command. Here, my friend, is my response.
The main advantage of blockchain is that it helps to resolve the problem of trust that plagues humanity, boosting the level of human civilisation. The human desire to cut back on transactional costs makes its rise unabating. Blockchain technology transitions us from the Internet of Information (IoI) era to the Internet of Value (IoV), which is sometimes referred to as the third generation of the Internet, because every blockchain can perform peer-to-peer value transmission.
Based on research on cross-chain technology, AI & ML, as well as the characteristics of decentralization and its application scenarios, Lithosphere has developed the following aims in order to create a more widely used blockchain technology and digital asset applications.
Ahrix : Please choose the best 10 questions and answer it for session 2, Thank you❤️
Q2. The blockchain is primarily restricted to its own use. Direct communication between two blockchains is not possible. Does litho offer anything akin to this usecase?
Emran | will never PM you First : Yes, Lithosphere offers this kind of service.
The goal of Lithosphere is to link all blockchains and remove obstacles between them by enabling cross-blockchain transactions. The ultimate objective is to build a decentralized network of interconnected blockchains that can communicate with one another.
Instead of being constrained to one blockchain network, such as Solana, Bitcoin, Ethereum, or Cardano, Lithosphere enables blockchains to maintain sovereignty, execute transactions efficiently, and communicate with other blockchains in the ecosystem, making it ideal for a range of use cases.
I hope you understand.
Q3. Please let us know Defi plans for Lithosphere in the future. Like 2023 Vision & more. What position are we in?
Emran | will never PM you First : Given the promising future of DeFi and the difficulties the current Internet of Value poses, we suggest the Lithosphere initiative. With the aid of blockchain, AI, and other technologies, Lithosphere aims to build a platform-level public chain in the era of the digital economy that can connect all kinds of values, offer comprehensive financial functions, communicate diverse communities and tokens, and link centralized and decentralized organizations in order to bring the Internet of Value as soon as possible.
Q4. I have invested on $Litho a large amount because I love $Litho. My question is how can I earn while holding Litho?
Emran | will never PM you First : It’s nice to hear you love $litho. Well you can earn $Litho while holding by staking & many more.
Staking is the process of holding funds in a cryptocurrency wallet to support the operations of Lithosphere and, in return, holders are rewarded for their contribution.
Lithosphere is an all-in-one solution to solve scalability and interoperability issues that the blockchain industry has been trying to address. Litho (LITHO) is the only native currency of Lithosphere. Upon validating transactions, Validators receive rewards which are redistributed to their delegators according to the validator’s commission rate.
Q5. I have long been a fan of Litho and have taken part in countless AMAs. However, I have a nagging doubt: Is Litho a completely effective financial project? Has anything been learned from the early network’s earlier mistakes?
Emran | will never PM you First : We all, in my opinion, are asking the same thing. If you are an investor, this is a valid question. Let’s get to the solution now.
The KaJ Labs Foundation can create a much better blockchain network by learning from the mistakes made by early networks because it has closely watched the blockchain field for the previous 10 years. When it comes to blockchain applications in the financial sector, all we hear is thunder but no rain falls because all types of tokens have currently completed some fundamental functions of value transfer and distribution but are still far from the fully functional financial services that the real world requires. People require a new generation of blockchain-based financial infrastructure with full financial transparency. To usher in the era of the Internet of Value, people want a new generation of financial infrastructure based on blockchain technology that has full financial functionality, can connect various communities and tokens, and can span the gap between centralized and decentralized organizations.
Q6. Is Lithosphere easily accessible to everyone?
It is obvious that this is a Defi initiative. Does it, however, draw a link between centralized and decentralized finance?
Emran | will never PM you First : A good query. The lithosphere is indeed accessible to all. By merging current and potential blockchains and cryptocurrencies, it links centralized and decentralized organizations, supports authentication techniques and anonymous trading processes, and introduces on-chain and off-chain data. Future DeFi has unlimited reverie space across several tokens thanks to the lithosphere, a Turing-complete virtual computer that creates previously unimaginable possibilities. This whitepaper provides the prospect of decentralized banking based on an analysis of the history of the Internet of Value and outlines the general concept, core technology, and development plan of the Litho project.
Q7. Can you share Your opinion about Defi & NFT ? What makes your NFTs rate and special?
Emran | will never PM you First : Yes we have NFT JOT ART
Scalable, decentralized, cross-chain network designed to bring non-fungible tokens to everyone.
Play-to-Earn. Metaverse. Personalization. NFT gaming.
Jot Art is Lithosphere’s metaverse. Lithosphere is the next generation A.I network for cross-chain dApps. Jot Art’s mission is to provide an ecosystem for everyone to create amazing, distributed virtual experiences with community and player-owned economies.
The first game titles from the Jot Art metaverse are Finesse: Shadow Warriors and Galactic Armageddon
The Jot Art metaverse has a player-owned economy where players can own, buy, sell, and trade resources they earn in games through skilled-gameplay and contributions to the ecosystem.
Q8. •Where can I buy it?
•also all the links to all your social media platforms if possible?
Emran | will never PM you First : YOU CAN https://www.mexc.com/exchange/LITHO_USDT?_from=search_spot_trade
Telegram Global (https://t.me/lithochat) | Website (https://lithosphere.network/) | Twitter (https://twitter.com/SuperLitho) | Discord (https://discord.gg/9nGsW5x7SD) | Medium (https://medium.com/lithospheric/) | YouTube (https://www.youtube.com/user/kajlabs)
Q9. I know community is the key to the success of projects, so besides organizing AMAs, what strategy does Lithosphere have to reach out and exploit new investors?@emranrx
Emran | will never PM you First : Basically, every project has a roadmap and various growth strategies. However, some people can carry out their plans while others cannot because they lack a plan for a crisis. Litho differs from every other Project in this regard. We have numerous plans with extensive information. Every scenario is covered by our plan. Thus, Litho can develop regardless of the state of the market. This strategy and plans will eventually make us the market leader.
Q10. How does the validator & validation system work?
Emran | will never PM you First : Lithosphere’s goal is to establish a platform-level public chain in the digital economy era that as a key infrastructure for value transfer, can connect all kinds of value, provide complete financial functions, communicate diverse communities and tokens, and bridge the centralized and decentralized organizations to bring the Internet of Value as early as possible with a combination of AI & Deep Learning. This blockchain, which connects all tokens, does not require complex logic for various application scenarios. Its purpose is to create a layer of management across all blockchains, enabling all tokens to interact. Because it does not need to run heavy application logic, in its current usability it is capable of fulfilling various DeFi functions. Proof of Stake LEP100 Token Standard Ego DEX AND MORE
Emran | will never PM you First : DONE 10
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Thanks for the useful information from @emranrx
Bà Tân | : End of session 2
Bà Tân | : For questions that have not been answered today, you can send them to @lithochat for answers.
Emran | will never PM you First : Thanks to ALL
Bà Tân | : IM Community, if you would like to know more about SuperLitho ! here are some useful links for you:
Official Website: https://lithosphere.network
Bà Tân | : Allright, I declare the Im Community AMA with SuperLitho has ended.
Thanks to @emranrx | SuperLitho joined us and provided us with SuperLitho information, we hope that this knowledge makes us understand more about https://lithosphere.network/
To the members, thank you for following this event to the end. winners will be announced soon.
Ahrix : Thanks @emranrx for joining the AMA today. Have a good day.