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Introduction
Blockchain technology has come a long way in the last 10 years. What started as one of the fiercely tackled technologies have now become one of the most sought-after. Talk about “the rejected stone becoming the cornerstone.”
However, a few touches or improvements are needed here and there to improve the functionalities of blockchain technology. As it stands, blockchain technology is currently laden with many weak spots, such as scalability issues and high network fees.
Those and many more prompted the launch of the Lithosphere Network. This is not just a project looking to improve the workings of blockchain technology. It is also designed to facilitate the inclusion of more innovative trends on the Internet of Values sector.
What is Lithosphere Network All About?
Lithosphere Network is a cryptocurrency project that wants to power the next-generation blockchain technology by making the same to be interoperable with many other networks and platforms, including Web3.
It also comes up with innovation to solve some of the issues in the current Internet of Values phase.
Challenges with the Internet of Values
First, let us understand what the Internet of Values is all about. Internet of Values refers to the medium of transferring values or assets of all kinds via the Internet.
Internet of Values serves as a veritable replacement for the Internet of Information in the sense that the Internet of Values allows for the transmission of values/assets via the blockchain, as opposed to the transmission of just videos, audios, and texts via the Internet.
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The Resolution or Solutions Introduced by the Lithosphere Network
Now, the Lithosphere Network has come up with innovative solutions that can be used to facilitate the improvement of the Internet of Values sector.
Below are some of the ways that this project (the Lithosphere Network) would make that work perfectly:
- Value Connection
This is one of the first inputs of the Lithosphere Network towards the improvement of the Internet of Values. In this case, we are looking at the connection of all the values or the relevant assets on the chain network.
Thus, the Lithosphere Network would establish a platform-level public chain that would be based on the digital economy.
This new platform would serve as the key or primary infrastructure that would be leveraged to power the Lithosphere Network.
It will interest you to know that the Lithosphere Network will be used to connect all kinds of values, especially by leveraging the blockchain network. - DAO Implementation
The second aspect of all that the Lithosphere Network does is the bridging of the centralized and decentralized organizations.
This would be done via the implementation of a Decentralized Autonomous Organization (DAO), which serves as the bridge or medium of connection for both the centralized and decentralized platforms. - Fully DeFi-Focused
This is another aspect of the Lithosphere Network. It is fully focused on improving the opportunities in the Decentralized Finance (DeFi) sector.
This is possible because of the full DeFi structure that allows for the inclusion of more DeFi functions.
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Wrapping Up
Putting it all together, the Lithosphere Network has a detailed roadmap of what it intends to achieve in the area of making blockchain networks more interoperable while opening up the Internet of Values for more adoptions.
Website : https://lithosphere.network/
Whitepaper : https://lithosphere.network/papers/
Reddit : https://www.reddit.com/r/lithospheric/
Twitter: https://twitter.com/SuperLitho
Telegram : https://t.me/lithochat
Btt ANN : https://bitcointalk.org/index.php?topic=5351701.0
Creator
Btt name : @baoli
Profile: https://bitcointalk.org/index.php?action=profile;u=1223251
Telegram: @barth6