Bidya logo
  Crypto Coin Prices and News  

LIT Price   

Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
LIT

Litentry  

#LIT

LIT Price:
$1.09
Volume:
$6.0 M
All Time High:
$14.77
Market Cap:
$30.3 M


Circulating Supply:
27,732,686
Exchanges:
20
Total Supply:
100,000,000
Markets:
25
Max Supply:
100,000,000
Pairs:
7



  LIT PRICE


The price of #LIT today is $1.09 USD.

The lowest LIT price for this period was $0, the highest was $1.09, and the exact current price of one LIT crypto coin is $1.09290.

The all-time high LIT coin price was $14.77.

Use our custom price calculator to see the hypothetical price of LIT with market cap of BTC or other crypto coins.


  LIT OVERVIEW


The code for Litentry crypto currency is #LIT.

Litentry is 3.3 years old.


  LIT MARKET CAP


The current market capitalization for Litentry is $30,308,951.

Litentry is ranked #527 out of all coins, by market cap (and other factors).


  LIT VOLUME


The trading volume is big during the past 24 hours for #LIT.

Today's 24-hour trading volume across all exchanges for Litentry is $5,971,344.


  LIT SUPPLY


The circulating supply of LIT is 27,732,686 coins, which is 28% of the maximum coin supply.


  LIT EXCHANGES


LIT is available on several crypto currency exchanges.


  LIT RELATED


Note that there are multiple coins that share the code #LIT, and you can view them on our LIT disambiguation page.


  LIT RESOURCES


Websitewww.litentry.com
Twitterlitentry
Telegramlitentry
Mediumlitentry


  LIT DEVELOPER NEWS



To Litentry Community

Hi all, On August 14th, we proudly unveiled IdentityHub, a groundbreaking product designed to protect and facilitate the use of Web3 user identities via privacy computing. This launch marked the culmination of extensive research, development, and iterations. Today, we’re excited to walk you through the evolution of our product and share our vision for the future. — What is the IdentityHub? - IdentityHub bridges the gap between Web3 applications and user identities, addressing the prevalent challenge of decentralized identity databases in Web3 apps. The ethos of Web3 is decentralization and “permission-less use,” which has led to the widespread adoption of “identity-less logins.” However, as Web3 applications diversify, the demand for user identities intensifies. IdentityHub steps in to supply these apps with decentralized identity data, leveraging blockchain networks to ensure user identity sovereignty and privacy. Beyond merely providing identity data, IdentityHub employs Verifiable Credentials as the primary mechanism for identity data management. This approach guarantees that users have full control over the creation, encryption, and transmission of their identity credentials, preserving the decentralized, autonomous, and verifiable nature of their identities. Transitioning from the Web2 era’s centralized identity databases, IdentityHub pioneers a unique approach, offering an open, user-generated, and v...




Litentry partners with Achainable — bringing your credentials to life

Litentry partners with Achainable — bringing your credentials to life - Litentry is thrilled to announce a strategic partnership with Achainable. Together, we will collaborate on the core integration of web3 data indexing and analysis services. This synergy enhances both our positions in the Web3 DID domain, fostering the development of valuable web3 identity data. Additionally, it offers developers a flexible infrastructure to craft DID use cases. — The challenge accepted - Achainable addresses a challenge faced by Web3 developers in accessing detailed on-chain information and analyzing blockchain data. Their solution allows users to define complex on-chain conditions, which aids in creating detailed profiles of blockchain addresses. This capability has various applications, such as improving transparency for whitelists/airdrops, scoring users based on on-chain activities, and integrating customized labels for user profiles on third-party sites. — Litentry and Achainable, paving the way forward - Achainable’s expertise lies in accessing detailed blockchain data and analyzing it, complimenting Litentry’s efforts in managing user data across decentralized systems. This partnership is seen as beneficial for both parties, as Achainable helps enhance the precision of blockchain analysis for Litentry’s IdentityHub, and Litentry benefits from Achainable’s specialized data query capabilities. Achainable i...




Announcement: IdentityHub EVM Version Update and Our Commitment to Continuous Improvement

Dear IdentityHub Users, Over the past 24 hours, we’ve reached a significant milestone with the release of the IdentityHub EVM version. However, with progress often comes challenges. We’ve observed an average concurrency of approximately 50, spiking to a notable 280. This is a staggering 5 times higher than our anticipated service throughput from stress tests, leading to two network crashes and one network restart. We’re pleased to report that the service has since stabilized, thanks in part to the easing of user traffic. — IdentityHub’s Current Infrastructure - For clarity, IdentityHub is currently operating on the Litentry Staging Network, a self-hosted substrate-based Parachain. This indicates that our product is still in its testing phase. The silver lining of this incident is that it occurred before our launch on the Litentry Main Network and before onboarding any use-case partners. This experience has provided invaluable insights into managing high request loads. One contributing factor to the high concurrency was the absence of gas fee charges, which typically help regulate traffic dynamically. While we’re exploring ways to optimize service capacity, especially concerning the TEE side chain performance, we recognize the need for a more sustainable solution. Discussions around introducing network gas fees are underway, but this will be accompanied by comprehensive research to determine the most effectiv...




Litentry Introduces Direct Invocation, EVM Sign-In, and a Special Airdrop — Paving the Way for a…

Litentry Introduces Direct Invocation, EVM Sign-In, and a Special Airdrop — Paving the Way for a Revolution in Web3 Identity! - Sign into the IdentityHub on August 14th to start generating your credentials and win a piece of the airdrop! Dear Litentry community, We are thrilled to bring you some groundbreaking updates that are set to redefine your experience with the IdentityHub. Our team has been diligently working to ensure that we remain at the forefront of the identity revolution in the decentralized world… and today, we’re excited to announce three pivotal advancements: the implementation of Direct Invocation, the launch of EVM Sign-In, and a special IdentityHub Airdrop for our dedicated community. — 1. Direct Invocation: Supercharging the IdentityHub with a 50% Speed Boost! - In our relentless pursuit to refine and enhance the IdentityHub, we’ve successfully integrated Direct Invocation. This innovative feature facilitates a more streamlined and rapid process, slashing the time required for various operations by half. The outcome? A staggering 50% increase in speed for the IdentityHub. This translates to faster access, fluid transactions and VC generation, and an overall superior user experience. Whether you’re a developer interacting with our platform or an end-user leveraging our identity solution, this enhancement ensures that your interactions with the IdentityHub are smoother and more efficien...




Your Questions in Decoded 2023 —  Answered!

Your Questions in Decoded 2023 — Answered! - Litentry at Polkadot Decoded 2023 After our big event hosted with Polkadot Decoded 2023 in Copenhagen, Litentry mingled around with participants at the booth and some interesting questions came about. We have taken the opportunity to collect questions, answer and give some insight on these topics. This article unveils some valid information and provides you with a better explanation of some of these questions and topics, along with some terminology used within Litentry and the IDHub explained. Sit back and relax while enjoying some fun facts! Let’s get educated. 😉 Good questions asked by participants: Where is the data stored? Most data are stored locally in the user’s device. The accounts relationship (IDGraph) is stored in the Trusted Execution Environment, which is only accessible when the private key of the identity owner is included in the request to open it. Currently, all the SGX nodes are under the control of Litentry, which minimizes the risk of attacks by malicious nodes. Where is VC stored? They are stored in the VC registry, an on-chain and public storage on the Verifiable Credential Management Pallet (VCMP) that maintains the VC Index <> VC Hash so that credentials can be verified. It contains only a map from the VC index and VC hash which is used to check the validity of the VC content. When a VC is generated, the Parachain VCMP extrinsic vc_issu...




Litentry Ambassador Program: A New Pathway to #Web3

If you’re a blockchain enthusiast and want to be part of an exciting community, then the Litentry Ambassador Program is the perfect opportunity for you. Don’t miss out on the chance to receive exclusive benefits and rewards, including early access to Litentry’s latest updates and releases, access to Litentry events and webinars, exclusive merchandise and swag, opportunities to collaborate on content creation and marketing initiatives, and task-based rewards for successful Ambassador. — How to Become an Ambassador and Be Part of #Web3? - At Litentry, we are always on the lookout for talented individuals who are passionate about blockchain technology and community building. As part of our Ambassador Program, we are offering a job opportunity for our best Ambassador. The best ambassadors will be selected based on their performance and dedication to promoting Litentry’s vision and mission. As the Best Ambassador, you will have the opportunity to work with the Litentry team on a full-time or part-time basis, depending on your availability and qualifications.Our goal is to create an authentic and organic community and to promote decentralized colloboration and transparency in #Web3. Ultimately, we aim to demonstrate that project success is directly tied to community engagement. As a user, you can participate, decide, create, and, above all, apply your vision of Privacy and Identity using Litentry Vision.If you are in...




Introducing IdentityHub Alpha

We are pleased to announce the launch of IdentityHub Alpha, our latest identity management tool that prioritizes privacy and security. IdentityHub (IDHub) Alpha enables users to link their identities, maintain a trust score, and generate verifiable credentials for controlled access and data sharing to blockchain applications. It is a solution to the privacy problem caused by misusing user data. Users can control who can access their data without revealing personal information or wallet address. Service providers can offer targeted services with authorized personal data and protect user data rights. Creating an identity on IDHub ensures personal data protection and an anonymous yet richly identifiable web browsing experience. — Features - IdentityHub Alpha has 3 components that work together to provide a seamless and secure experience for users managing their digital identities.Core features in the IdentityHub Alpha Verifiable Credentials (VCs): VCs serve as a robust and tamper-proof container for user data. They allow users to share specific aspects of their personal information with decentralized applications (dApps) or enhance their IDHub Score, minimizing the risk of data breaches and unauthorized access., Web3 User Score: This is a conceptual scoring system that assesses a series of web3 and web2 user behaviors using verifiable credentials, creating a reliable and intuitive user rating metric. Projects can customize ...




Litentry ID Hub x Marketing Knock Token DAO Partnership Announcement

We are pleased to announce our partnership with Marketing Knock Token DAO (MKT DAO), a Web3 creative production team. As creators of Identity Hub, We are committed to developing an identity application that enables users to have self-sovereign control over their identity data. We believe that collaborating with MKT DAO will help us accelerate our growth and expand our reach in the market. During our collaboration with MKT DAO, we have identified several innovative strategic concepts and brand marketing ideas that we believe will help us achieve our objectives. We are excited to introduce our platform to the market with a more creative and user-friendly brand image, enabling users to better understand the benefits of our platform. We recognize that no partnership is without its challenges, and we are committed to working closely with Marketing Knock Token DAO to address any issues that may arise. As we move forward, we will continue to collaborate with Marketing Knock Token DAO to explore new opportunities and ensure that our partnership benefits all stakeholders. Our partnership with Marketing Knock Token DAO is a significant step forward for Identity Hub, and we are excited about the opportunities it will bring. We look forward to collaborating with Marketing Knock Token DAO and achieving our mutual goals. — About Marketing Knock Token DAO - Marketing Knock Token Dao is a Web3 creative production team. Their first ai...




Where We’ve Been, Where We Are, and Where We’re Going

Dear Litentry Community, We can’t believe it’s almost the end of the year! Whether you’re new to the Litentry family or have been with us for a while, we want to express our gratitude for your support. Your ideas, questions, and discussions have played a major role in our efforts to reclaim data ownership and privacy, and we appreciate your contribution. This year has been challenging for many people and industries, including the crypto and Web3 sectors. However, we have made significant progress and seen improvements despite the challenges. Sometimes building during difficult times can provide a clearer focus and allow us to take the time to carefully develop our projects rather than getting caught up in market hype and rushing things. As a company that values transparency and communication with our community, we want to share our progress and plans for the coming year. In this article, we will provide an overview of the developments and achievements we have made in 2022, starting with the growth and changes in the Litentry ecosystem. Some of that growth came in the form of a great increase in followers and active engagement on platforms. We are thrilled by the support and enthusiasm of our online community and look forward to continuing to connect with them and bringing our support and education into the Web3 space. Twitter: 72,000+ Telegram: 8300+ Discord: 2,330+ Medium: 4,600+ In the past year, our ecosystem has gr...




[AMA Recap] Litentry Roadmap, Team Structure & Utilities (20th October 2022)

Catch up on the latest discussion of the Litentry team during an AMA on their official Telegram channel. A big thank you to the members of the Litentry Team; Hanwen (Speaker), Jonathan (Speaker), Remy (Host), and Kai (Speaker). The aim of the AMA is to provide some clarity and insight on the latest Roadmap, Team Structure and Utilities provided within the Litentry Ecosystem. [Note: some of the text may have been edited for clarity and grammar.] — Segment #No1: Our x4 Team Members gave a brief intro and said ‘Hi’ to the group - [Jonathan]: “Hello everyone, this is Jonathan. I am the Web3 Product Team’s Tech Lead. I am in charge of overseeing the technical aspects of the development of our soon-to-come new dApp. I’m involved with Planning and take part in Product decisions too” [Kai]: “Hi I’m Kai, I’m working as the protocol team lead at Litentry (Parachain + Web3 Products). I’m mainly making sure the two teams are co-working seamlessly and steering the decision-making of strategic directions. [Hanwen]: “Hello everyone, I am Hanwen, the founder of Litentry. My focus is to fulfill the architecture described in the Litentry white paper, and to ensure the whole organization grows towards the same direction” [Remy]: “In previous days we received many comments and feedback from the community. We are happy that you guys could schedule some time to respond to some of the concerns of our community member...




  LIT NEWS


Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?

    LIT price creates more bullish sentiment as price hold above daily 50 EMA  LIT looks more stable as bulls breakout of a descending triangle The price of LIT could face major resistance at $1.2  Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has failed each time with Bitcoin (BTC) price falling to a region of $18,700 affecting the price of the altcoin. (Data from Binance) Litentry (LIT) Price Analysis On The Weekly Chart The crypto market hasn't had the best price movement in recent times, but this can not rule out that some crypto assets have continued to show great strength bouncing from their lows and breaking out of their downtrends to establish a bullish momentum. Despite showing less price movement in recent weeks as the price continued to trade below the key resistance level of $0.7, preventing the price of LIT from rallying high. The price of LIT closed the weekly price looking more bullish as bulls pushed the price to break the resistance at $0.7, setting up a more bullish price movement ahead of the new week for the price of LIT. The price of LIT faced price rejection from a region of $0.75 from trending higher after the news from the Consumer Price Index (CPI) and Federal Open Market Committee (FOMC) had a negativ... read More



More Litentry (#LIT) News

LIT vs LTC | A-Z | Topics | ISO 20022


Privacy | Terms | Powered By LiveCoinWatch


bidya