PRESS RELEASE. The next generation of cryptocurrency! LTNM, an asset-backed and insured currency based upon the Bitcoin blockchain, is an insurance company. Monsoon Blockchain Corporation created it for the LTNM Foundation. LTNM is a safer, greener and faster version of Satoshi Nakamoto’s great work. You can now trade it on FMFW.io!

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 increase network security. This allows an attacker to target costly barriers to verify the block and to recover any mining charges. This makes it more difficult for DoS (Delegated Proof of Stake), attacks to be conducted on the network.

LTNM also has its own chain that supports PoS, but it is difficult to ensure that all blocks are distributed equally across the network. This problem is dependent on how large the stake needed to create the blocks.

Another distinguishing characteristic of LTNM, as previously mentioned, is insurance that is backed by digital and physical assets. Users and businesses have the opportunity to unlock new revenue streams and lower transaction costs.

Statement from FMFW.io

LTNM focuses on technology development to increase speed, protection and ethical aspect of operation. “It is an excellent move for us and a distinction having them on our crypto exchange,” says FMFW.io CEO Danish Chaudhry.

Statement from LTNM Foundation

” We applaud FMFW.io’s mission to promote cryptocurrencies and appreciate their listing LTNM to make them widely accessible.” Dr. Don Basile, CEO of Monsoon Blockchain Corporation says.

About LTNM

LTNM, the next generation of insured asset-backed crypto currency is available. LTNM, which is based on the Bitcoin ecosystem and more secure than Bitcoin, is poised to revolutionize digital transaction. Using a Proof of Stake consensus algorithm that is energy efficient, LTNM aims to improve transaction speed, lower fees, greater security, and better access to high-growth markets like Media, Gaming, Telecommunication, Cloud Computing, and Telecommunications.

For more information, please visit https://bitcoinlatinum.com

Twitter: https://twitter.com/bitcoinlatinum

About FMFW.io

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. This is a press release. Readers are responsible for their own research before making any decisions about the promoted company, or any of its affiliates. Bitcoin.com does not assume any responsibility for any loss or damage caused or alleged by the use or reliance of any content, goods, or services mentioned in this press release.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Read More