Dear LBank users:
LBank will open MITH/USDT、LTC/USDT、BTS/USDT trading pairs at 16:00 on July 16, 2020 (UTC+8), the details are as follows:
Trading Pair: MITH/USDT、LTC/USDT、BTS/USDT
Trading Open: 16:00 on July 16, 2020 (UTC+8)
Mithril (MITH) is a decentralized social media platform on the Ethereum Blockchain that rewards users for creating content. The team plans to partner existing social platforms to drive adoption of its ERC-20 MITH token, which can reportedly be integrated with any social media platform. In addition to storing funds, the Mithril Vault wallet can be used for staking and swapping into other currencies.
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.
Bitshares (BTS), formerly known as ProtoShares, is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. For instance, it can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets like the USD, such as the bitUSD. Each smart coin has at least 100% of its value backed by the BitShares’ native currency, the BTS, which can be converted at any time at an exchange rate set by a trustworthy price feed. Bitshares was created by Dan Larimer, the co-founder of EOS, Steemit, and Cryptonomex. BitShares also has its own decentralized exchange.