Lithosphere

Lithosphere (LITHO)

Full information about Lithosphere (LITHO). Current Lithosphere price in AMD, LITHO open/close rates, Lithosphere history charts, Lithosphere market capitalization and volume.

1 LITHO = 0.054 AMD Armenian Dram (AMD)
0.0001407 AMD

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 380.541304 AMD

General information
Global rank:2613
Name: Lithosphere Lithosphere
Symbol:LITHO
Current coin price (AMD):0.054 AMD
Last hour:arrow_downward-0.060 %
Last 24 hours:arrow_downward-5.20 %
Last 7 days:-11.75 %trending_down
Capitalisation (AMD):3 335 444.53 AMD
Volume 24h (AMD):230 227.49 AMD
Available supply:62 316 885.00 LITHO
Total coin supply:-1 LITHO
Start date:2021-11-17
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Lithosphere/Armenian Dram (LITHO/AMD) price chart

Lithosphere/Armenian Dram (LITHO/AMD) capitalisation and volume charts

What is it?

Lithosphere (LITHO) is the native token of the Lithosphere network. The Lithosphere network itself is an advanced blockchain interoperability platform powered by artificial intelligence (AI) and deep learning. It is an AI-powered cross-chain platform, designed to connect all kinds of value and bridge centralized and decentralized organizations. It provides complete financial functions and can communicate diverse communities and tokens.

The network uses a novel consensus algorithm and a new token standard, coupled with deep neural networks (DNNs) to make smart contracts intelligent. It aims to drive mainstream Web3 adoption and solve the key problem of insufficiency in the interoperability of the current Internet of Value by establishing a layer of control management on top of various tokens through distributed management of the tokens' private keys. It also provides ports both for central organizations and for external data sources.

What is it used for?

The LITHO token is used for multiple purposes within the Lithosphere network. It serves as a medium for storage and transfer of value. Both cross-chain and intra-chain transactions consume a certain amount of LITHO. It's also used in security deposits for cross-chain verification nodes. While LITHO is the currency of choice, other cryptocurrencies can be used as well due to the network's support for interoperability​.

Users in the ecosystem will be able to receive and send tokens from any and all blockchains that support Byzantine Fault-Tolerant (BFT) consensus through dApps on Lithosphere. In decentralized finance (DeFi), a Deep Neural Network might help detect abnormal token price movements, which could be part of a flash-loan attack. A decentralized autonomous organization (DAO) might trade tokens automatically with a DNN trained continually through reinforcement learning. A content creator might apply a generative adversarial network (GAN) to generate visual art images, and subsequently tokenize them as non-fungible tokens (NFTs) tradable on Ego DEX​.

Who created it?

The LITHO token and the Lithosphere network were developed by the KaJ Labs Foundation.