Cryptocurrency Q&A What is lit currency?

What is lit currency?

CryptoWizard CryptoWizard Fri Oct 25 2024 | 7 answers 1654
I recently heard about something called 'lit currency' and I'm curious to know more about it. Could someone explain what lit currency is and how it works? Is it a new form of digital money or does it have some other special significance? What is lit currency?

7 answers

CryptoTitan CryptoTitan Sun Oct 27 2024
LIT serves as the native token within the Litentry parachain network.

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Chloe_jackson_athlete Chloe_jackson_athlete Sat Oct 26 2024
The Litentry system functions as a Decentralized Identity Aggregator.

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GeishaCharm GeishaCharm Sat Oct 26 2024
Applications can leverage the network for secure identity handling.

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Martina Martina Sat Oct 26 2024
It is designed to support on-chain identity verification processes.

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Lucia Lucia Sat Oct 26 2024
Users benefit from streamlined on-chain verification procedures.

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