PRESS RELEASE. LTNM – another cryptocurrency that takes us to the next level! LTNM is an insured, asset-backed currency based on the Bitcoin blockchain. Monsoon Blockchain Corporation developed it on behalf of the LTNM Foundation. LTNM is a greener, faster and safer version of great Satoshi Nakamoto’s work. Now you can trade it on FMFW.io exchange!
Due to the essential aspect of Bitcoin’s high energy consumption, LTNM uses the proof-of-stake (PoS) algorithm to increase the network’s TPS speed and, above all, reduce the energy loss. LTNM uses MPoS – Mutualized Proof of Stake to strengthen network security by targeting costly barriers for an attacker to verify the block and recover all charges using mining. This makes it harder for anyone to perform DoS (Delegated Proof of Stake) attacks on the network.
Additionally, LTNM has its chain that supports PoS at the difficulty of guaranteeing that blocks are distributed uniformly across the network. The problem depends on the size of the stake required to create the blocks.
Another distinguishing feature of LTNM is, as mentioned earlier, insurance and backed by physical and digital assets. Moreover, users and businesses can unlock new revenue streams while lowering transaction costs.
Statement from FMFW.io
LTNM is a cryptocurrency that focuses on technological development to increase speed and protection in operation and on the ethical aspect. It is an excellent step for us and a distinction in having them on our cryptocurrency exchange.” says FMFW.io CEO Danish Chaudhry.
Statement from LTNM Foundation
“We applaud FMFW.io’s mission to bring the potential of cryptocurrencies to the global audience and appreciate their listing of the green initiative LTNM to help make it widely available.” says Monsoon Blockchain Corporation CEO Dr. Don Basile.
LTNM is the next generation, insured asset-backed cryptocurrency. Based on the Bitcoin ecosystem, LTNM is greener, faster, and more secure, poised to revolutionize digital transactions. Using an energy-efficient Proof of Stake consensus algorithm, LTNM plans to bring better transaction speed, lower fees, and more security to high growth markets such as Media, Gaming, Telecommunication, and Cloud Computing.
For more information, please visit https://bitcoinlatinum.com
The mission of FMFW.io is to empower people from all over the world to trade cryptocurrencies with ease and confidence, from first-time traders to advanced trading professionals. With high liquidity, 24/7 multilingual support, and dozens of trading pairs complemented with a high level of security, we offer an attractive platform for trading any cryptocurrency. Within one year since launch, on average, our exchange has been visited by more than 500K active traders per month, and this number continues to grow.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons