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LTO Network Hybrid Blockchain

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Website Address

ltonetwork.com

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Solution introduction

LTO Network is a hybrid blockchain designed for easy integration of business applications, aimed at breaking data silos that so many organizations face today, using Live Contracts. It has a private layer that utilizes a public blockchain for consensus

Hybrid blockchain
LTO Network allows two or more businesses to share and agree upon sequences of events. Event sharing is done peer-to-peer, without relying on an authoritative party.

The limited number of parties involved present a challenge when dealing with conflicts. A majority, if it can be formed at all, can't provide an unbiased decision.

Rather than re-introducing authorization on the network, parties reach consensus by leveraging on our public proof-of-stake blockchain. Anchoring of the hash of private events happens on the public chain.

Blocks of the public chain have a specific height, and transactions within a block are also ordered. This order provides a globally recognized sequence of events, which is used to reach consensus on the private chain.

A hybrid blockchain means private data, public consensus.

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