The vast world of cryptocurrencies is full of changes, news and new technologies every day, and the competition between service providers to attract the attention of their fans is intensifying. . These cryptocurrencies are supposed to be based on the Lunchpool platform. Of course, complete information about these codes and details of this project is not yet available, and until this project is implemented, it is not possible to give a definite opinion about it. In the continuation of this article, we will review the information and news published by Binance Exchange of this project.
Litentry ciphers is a network that supports dense cross-chain-based identities and is built on its sublayers. The network is also ready to work with Polkadot. Litentry allows for the aggregation of decentralized identities. The goal of the Literary Cross-chain project is to become the Parachain of the Polkadot network. This service request processes Litentry user information through decentralized identifiers, which the developers say is a security-based project.
digital currency Litentry promises a focused and transparent network to its users during the process. According to the project developers, privacy is a key factor in the Litentry network. The Litentry project emphasizes the blockchain users' sensitivity to violating their anonymity and seeks to comply with it.
LIT is an cryptocurrency protocol based on ERC-20 and BEP-20. The maximum amount of LIT is set at 100 million coins with 18 million LIT in circulation.
Litentry digital currency is the 16th project in Binance launch pool. An announcement from Binance states that Binance users can have Binance Coin (BNB), Binance USD (BUSD) and Polkadot (DOT) cryptocurrencies in separate pools for 30 days to receive LIT token shares.
Conclusion
Litentry Token is one of the newest Binance exchange projects that does not yet have much information on how it works, and until this project enters the cryptocurrency market, it is not possible to comment on its advantages or disadvantages. So far, Binance Exchange has offered options for attracting investors for this new project and has also offered offers for its farming. So if you are also interested in the cryptocurrency market and follow its news, you can join the cryptocurrency investors if this project is implemented.
At the time of writing, the price of this digital currency is around $ 2.66
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