About LightSpeed Chain

LightSpeed Chain is a blockchain project based on big data communication and social networking, and also a cryptocurrency project. Based on the use of blockchain distributed infrastructure, the optical speed chain constructed a communication social platform based on Internet data security encryption, providing secure, anonymous and unique key verifiable communication social services, and developed a social privacy security encryption gateway based on the intelligent contract of the optical speed chain.

It is a cryptocurrency based on powb consensus. It was born in April 2020, with a total of 1 billion. LightSpeed Chain big data communication and social networking aims to create a complete encrypted communication ecosystem integrating video, communication and social networking.

Token Basic Information

Lightspeed chain solution

Through the combination of advanced blockchain technology and community ecological consensus mechanism, Lightspeed chain has built a traffic information ecology of the leading industry. It not only establishes a more complete and stable social communication system,but also provides a foundation for the diversified development of social communication industry products.

At the same time, LHC takes building a decentralized and secure social communication network as its core, breaks the intrusion of social communication network operators and rogue software, steals user privacy, encrypts multiple social communication gateways, making great contributions to communication security, payment, asset transaction, and social communication.

Lightspeed chain integrates its three business sectors, social, communication, video and ecology. In the future, Lightspeed chain will extend its application scenarios based on the existing social communication market to provide more high-quality products and innovative services.

User encrypted identity based on blockchain technology

Compared with the traditional communication operator’s mandatory verification of personal identity, Lightspeed Chain is based on the blockchain’s asymmetric encryption technology, which greatly protects the security of user information, and the user’s identity is no longer data that can be collected everywhere. Lightspeed Chain depends on the complexity of the algorithm and the security of the user’s identity depends on the algorithm and the key.

Lightspeed Chain payment and transaction system

In the closed-loop ecosystem of Lightspeed Chain, the payment and transaction system is a heavy-weight ecological organic component. Lightspeed Chain fundamentally breaks the existing global payment and transaction model by creating an independent encrypted identity and social communication network, drawing on the huge system of payment and transaction of WeChat, Alipay and other mobile social products. influences.

LHC decentralized social e-commerce platform

Compared with the traditional centralized e-commerce platform, Lightspeed chain is based on the community consensus mechanism. Each ecological member can become a merchant and a buyer. Ecological users can obtain or share commodity information through multiple dimensions such as social communication products and video products of LHC.

Based on ecological credit system and payment transaction system of LHC, combined with basic encrypted identity identification,they can easily purchase their intended commodities. For Lightspeed chain, the decentralized social e-commerce platform is just one of the priority landing scenarios of its business application scenarios.

Market distribution mode of it

Lightspeed chain, is LHC for short. It is a blockchain project based on big data communication and social networking, and also a cryptocurrency project. Based on the use of blockchain distributed infrastructure, optical speed chain constructed a communication social platform based on Internet data security encryption, providing secure, anonymous and unique key verifiable communication social services, and developed a social privacy security encryption gateway based on the intelligent contract ofthe optical speed chain.

The total number of Lightspeed chain is 1 billion, and its distribution plan is as follows: behavior mining 70%, community reward 13%,technicalteam 7%, operation distribution 7%, and strategic reserve 3%.

Lightspeed chain community ecological model

Lightspeed chain takes the community ecological consensus mechanism as the confirmation mechanism, and the community ecological model abides by the principles of ecological autonomy, ecological sharing and bonus.Ecological autonomy refers to that with in the social communication ecosystem of Lightspeed chain, every ecological user enjoys the voting right, dividend right and reward right in the community.

Lightspeed chain is committed to building a fair, just and autonomous community ecology; incentive dividend refers to that ecological users can share according to the community, while enjoying static and dynamic benefits The mining proportion of chain community is up to 70%. According to the
community contribution, users can get different proportion of bonus rewards according to the community tasks completed, so as to truly realize the autonomous sharing ofthe community.

Features of LightSpeed Chain

Connect to Any Existing API

Easily update the smart contract network with existing applications

Build a complete ecological network closed loop

Every user who joins the smart contract ecosystem can enjoy complete ecological services

High-speed instant social communication

Achieve global eateway acceleration in the combination of your main smart contract and 5G mobile network

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This article is writing on 9 May 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

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