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What does the digital currency lsk mean (digital currency sla)?

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What does the digital currency lsk mean? What does the digital currency lsk mean

What does the digital currency lsk mean (digital currency sla)?

What does the digital currency lsk mean? What does the digital currency lsk mean? The full name of the digital currency is ledger, which means in Chinese refers to digital currencies issued based on Bitcoin, mainly Litecoin and LSK.

In simple terms, it is using a word to describe a string of numbers, for example, its meaning is called “lipp”. If this word is used for something else, it is “lSKA”, that is, it uses symbols like “lSk” or similar to “LT” (Lightning Network) for payment, so it can be understood as a digital token. But there is still a long way between these two names. So we can consider them as encrypted assets, and these encrypted assets are not actually created based on blockchain technology. (Reference link

Digital currency sla

According to Coindesk’s report, the blockchain-based digital currency sla (SLA) was created by former Bitcoin Foundation researcher Benjamin Dibb. After launching the project in collaboration with the BitShares team and securing a $10 million investment, it is currently being used by multiple exchanges.

It is said that sla aims to reduce the liabilities of bank deposits or savings accounts in circulation by making it easier for people to trade in encrypted assets. The goal of sla is to help solve this problem, as it provides an “alternative” form of cryptocurrency: used for payments, storage, transfer of fiat currencies, and value exchange, etc.

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