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Lotus
The Token of Appreciation
Give To Change
3000 years ago
Everyone printed their own money
But then
It became a priviledge, and … power.
Fast forward 2009…
Everyone can print (…ugh…mine…) money again...
Centralization vs Decentralization
Centralized Money Decentralized Money
Printed by a central authority (FED) Anyone can print, permissionless
Value comes from force, everyone must follow
Value comes from voluntarism, anyone can join
and leave at will
Cannot mutually exists with other money -
National boundary
Many crypto currencies can co-exist - No
geographical boundary
Issuance is subjective, inflated Issuance is programmed, objective
Distribution is subjective, mostly to maintain
power
Distribution is based on energy consumption and
value creation.
Transactions are censored (Clearing House) Transactions are un-censorable
What if I am not a miner?
?
Is it the only way to create value (money) via mining?
How are values created?
Network
Values
Network values are added to attract more users.
There are more to add values than just mining.
Users
Network Value
-Users
-Mining/Hash
-App and
Services
-Policies
Value increase
Expenses
- Electricity
- Operating
- Infrastructure
Value inflow
-Store of value
-Medium of
exchange
-Utilities
Net gain
Build
Outflow
Lotus Currency
Value-Creation Circles
Keepers
Passive Rewards
Miners mine
when there is value
Use
Utilities
Security
Logos
Foundation
Miners
Infrastruc
ture
Users
Builders
Value adds
Builders create values
to receive more values
Values are not only created via mining.
Keepers Builders
Value-creation Circles
Sounds interesting…
Where can I get some?
There will be only 21M Bitcoins ever printed
Why do I want to give my Bitcoin?
HODL!
Lotus Tokens
are given to show appreciation
Give to Grow.
Infrastructure Funding
(50% of block issuance)
Logos Foundation
(1 Share)
Funding Projects
12 Shares
Support Project 1 Project 2
Give Lotus
Core Team Project 12
New money is given away to 12 projects.
The list of 12 projects are decided every 6 months.
A brief history
BTC BCH eCash
Lotus is a fresh new chain built on top of eCash (Bitcoin ABC)
with a new genesis (No block history)
eCash (XEC) Lotus (XPI) BTC
Bitcoin Genesis Block
(3-Jan-2009) Yes No (21-Jul-21) Yes
Total Supply 21 Trillions On Market Demand 21Mil
Circulating Supply
(Aug 2021)
18.7 Trillions 60M 18.6Mil
Inflation Control No Log(Electricity) & 50% Fee Burnt No
Price Stabilization No Based on electricity cost / Fee Burnt
Advanced stabilization is planned
No
Block time 10 Minutes 2 Minutes 10 Minutes
Block size 32MB (200+ TPS)
(World scale planned)
32MB (1000+ TPS)
(World scale planned)
1MB (7 TPS)
(Fixed)
Scaling On Chain On Chain Off Chain
(SegWit)
Fast confirmation Pre-Consensus
Avalanche(Planned)
TBD N/a
Reorg and 51% Attacks
Protection
Post-Consensus
Avalanche
Post-Consensus
Avalanche
N/a
Core teams Bitcoin ABC Logos Foundation Bitcoin Core
Infrastructure funding 8% 50%
13 shares funded to select projects
Sponsorship
Funding decision making
Bitcoin ABC
Global Network Council
Logos Foundation N/a
One more thing: Bitcoin price jumps every seconds…
How can I use such a volatile asset as a currency?
Lotus
A stable currency for everyday use
Lotus Technologies
Subtle but important changes
New Issuance = Log2(Electricity)
More Lotus is printed the more electricity has to be consumed.
Lotus is as scarce as the electricity. And more so...
Market Demand Coin Issuance
Bitcoin Issuance Model Lotus Issuance Model
Time Time
Hashrate
Issuance
Hashrate
Issuance
With constant and scheduled halvening
Bitcoin price often fluctuates greatly
With market demand coin issuance
Lotus will balance between network and price growth.
Skyscrapers for everyone
The higher the blocks, the less space for everyone With more adoption, more space created at the top
Lotus Advantages
• Inherited from Bitcoin codebase (BTC → BCH → BTC → eCash → Lotus). Solid and
proven from 10+ years of operating non-stop (24/365), but:
• Starts from afresh – no burden from Bitcoin history
• Breaking changes can be applied as lesson learned from 10+ years of Bitcoin history
• Issuance based on logarithm of electricity consumptions for stable price but still scarcity
as energy with increased difficulty for inflation control
→ Limit energy waste as more Lotus means more utility.
• 50/50 rewards to miners and developers allow wider adoptions, fosters Giving culture
Lotus
The Token of Appreciation
Give Is Achieving
Inflation Control
50% transaction fees are burnt
Market Demand Inflation Control – Fee Burnt
Time
Demand
Total Supply
Time
Supply
21M
Total Supply
Bitcoin Capped Supply Lotus Adaptive Supply
Bitcoin capped supply for Number Go Up (NGU),
which is unusable as a currency and
create high barrier of entry for new users.
With fee burnt mechanisms
Lotus Total Supply can expand or contract
depending on market demand..
Fee burnt is higher vs
new issuance
Fee burnt is lower vs
new issuance
Hashrate (MH/s) Difficulty Issuance / block
Issuance
increment
573 16 - -
1.145 32 260 -
2.291 64 520 100%
4.581 128 780 50%
9.163 256 1.040 33%
18.325 512 1.300 25%
36.651 1.024 1.560 20%
73.302 2.048 1.820 17%
146.604 4.096 2.080 14%
293.208 8.192 2.340 13%
586.415 16.384 2.600 11%
1.172.830 32.768 2.860 10%
As further the difficulty goes up, the issuance growth rate is getting slower.
Difficulty/Issuance
But…
I can use other stable coins, like Tether?
The most used crypto currency is not … decentralized.
It can be used to manipulate Bitcoin price.
Infinite supply
Controlled by
private entity
No provable
backing.
21M capped
supply
Not stable for
day-to-day
transactions
Pump
Dump
Tether - Bitcoin
Lotus aims to become a fully decentralised
stablecoin for everyday use.
Lotus Eco System
Apps & Services
Lotus Core Apps and Services
Mitra
Smart Contract
Vase
Lotusd
AbcPay
Lotus Initiatives
Public goods benefit all of humanity
Initiatives undertaken by Logos and partners
Open Source Software
Digital Privacy
Humanitarian Effort
Permaculture
Renewable Energy
Human Rights
When giving and accepting Lotus, you are supporting for
The Token of Appreciation
Give to Change
References
TG Group: https://t.me/givelotus
TG Channel:
https://t.me/lotusprojectnews
Official Website: https://givelotus.org
Vietnam TG Channel:
https://t.me/givelotus2vn

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Lotus Introduction

  • 1. Lotus The Token of Appreciation Give To Change
  • 2. 3000 years ago Everyone printed their own money
  • 3. But then It became a priviledge, and … power.
  • 4. Fast forward 2009… Everyone can print (…ugh…mine…) money again...
  • 5. Centralization vs Decentralization Centralized Money Decentralized Money Printed by a central authority (FED) Anyone can print, permissionless Value comes from force, everyone must follow Value comes from voluntarism, anyone can join and leave at will Cannot mutually exists with other money - National boundary Many crypto currencies can co-exist - No geographical boundary Issuance is subjective, inflated Issuance is programmed, objective Distribution is subjective, mostly to maintain power Distribution is based on energy consumption and value creation. Transactions are censored (Clearing House) Transactions are un-censorable
  • 6. What if I am not a miner? ? Is it the only way to create value (money) via mining?
  • 7. How are values created?
  • 8. Network Values Network values are added to attract more users. There are more to add values than just mining. Users Network Value -Users -Mining/Hash -App and Services -Policies Value increase Expenses - Electricity - Operating - Infrastructure Value inflow -Store of value -Medium of exchange -Utilities Net gain Build Outflow
  • 10. Keepers Passive Rewards Miners mine when there is value Use Utilities Security Logos Foundation Miners Infrastruc ture Users Builders Value adds Builders create values to receive more values Values are not only created via mining. Keepers Builders Value-creation Circles
  • 12. There will be only 21M Bitcoins ever printed Why do I want to give my Bitcoin? HODL!
  • 13. Lotus Tokens are given to show appreciation Give to Grow.
  • 14. Infrastructure Funding (50% of block issuance) Logos Foundation (1 Share) Funding Projects 12 Shares Support Project 1 Project 2 Give Lotus Core Team Project 12 New money is given away to 12 projects. The list of 12 projects are decided every 6 months.
  • 15. A brief history BTC BCH eCash Lotus is a fresh new chain built on top of eCash (Bitcoin ABC) with a new genesis (No block history)
  • 16. eCash (XEC) Lotus (XPI) BTC Bitcoin Genesis Block (3-Jan-2009) Yes No (21-Jul-21) Yes Total Supply 21 Trillions On Market Demand 21Mil Circulating Supply (Aug 2021) 18.7 Trillions 60M 18.6Mil Inflation Control No Log(Electricity) & 50% Fee Burnt No Price Stabilization No Based on electricity cost / Fee Burnt Advanced stabilization is planned No Block time 10 Minutes 2 Minutes 10 Minutes Block size 32MB (200+ TPS) (World scale planned) 32MB (1000+ TPS) (World scale planned) 1MB (7 TPS) (Fixed) Scaling On Chain On Chain Off Chain (SegWit) Fast confirmation Pre-Consensus Avalanche(Planned) TBD N/a Reorg and 51% Attacks Protection Post-Consensus Avalanche Post-Consensus Avalanche N/a Core teams Bitcoin ABC Logos Foundation Bitcoin Core Infrastructure funding 8% 50% 13 shares funded to select projects Sponsorship Funding decision making Bitcoin ABC Global Network Council Logos Foundation N/a
  • 17. One more thing: Bitcoin price jumps every seconds… How can I use such a volatile asset as a currency?
  • 18. Lotus A stable currency for everyday use
  • 19. Lotus Technologies Subtle but important changes
  • 20. New Issuance = Log2(Electricity) More Lotus is printed the more electricity has to be consumed. Lotus is as scarce as the electricity. And more so...
  • 21. Market Demand Coin Issuance Bitcoin Issuance Model Lotus Issuance Model Time Time Hashrate Issuance Hashrate Issuance With constant and scheduled halvening Bitcoin price often fluctuates greatly With market demand coin issuance Lotus will balance between network and price growth.
  • 22. Skyscrapers for everyone The higher the blocks, the less space for everyone With more adoption, more space created at the top
  • 23. Lotus Advantages • Inherited from Bitcoin codebase (BTC → BCH → BTC → eCash → Lotus). Solid and proven from 10+ years of operating non-stop (24/365), but: • Starts from afresh – no burden from Bitcoin history • Breaking changes can be applied as lesson learned from 10+ years of Bitcoin history • Issuance based on logarithm of electricity consumptions for stable price but still scarcity as energy with increased difficulty for inflation control → Limit energy waste as more Lotus means more utility. • 50/50 rewards to miners and developers allow wider adoptions, fosters Giving culture
  • 24. Lotus The Token of Appreciation Give Is Achieving
  • 26. Market Demand Inflation Control – Fee Burnt Time Demand Total Supply Time Supply 21M Total Supply Bitcoin Capped Supply Lotus Adaptive Supply Bitcoin capped supply for Number Go Up (NGU), which is unusable as a currency and create high barrier of entry for new users. With fee burnt mechanisms Lotus Total Supply can expand or contract depending on market demand.. Fee burnt is higher vs new issuance Fee burnt is lower vs new issuance
  • 27. Hashrate (MH/s) Difficulty Issuance / block Issuance increment 573 16 - - 1.145 32 260 - 2.291 64 520 100% 4.581 128 780 50% 9.163 256 1.040 33% 18.325 512 1.300 25% 36.651 1.024 1.560 20% 73.302 2.048 1.820 17% 146.604 4.096 2.080 14% 293.208 8.192 2.340 13% 586.415 16.384 2.600 11% 1.172.830 32.768 2.860 10% As further the difficulty goes up, the issuance growth rate is getting slower. Difficulty/Issuance
  • 28. But… I can use other stable coins, like Tether?
  • 29. The most used crypto currency is not … decentralized. It can be used to manipulate Bitcoin price. Infinite supply Controlled by private entity No provable backing. 21M capped supply Not stable for day-to-day transactions Pump Dump Tether - Bitcoin
  • 30. Lotus aims to become a fully decentralised stablecoin for everyday use.
  • 31. Lotus Eco System Apps & Services
  • 32. Lotus Core Apps and Services Mitra Smart Contract Vase Lotusd AbcPay
  • 33. Lotus Initiatives Public goods benefit all of humanity
  • 34. Initiatives undertaken by Logos and partners Open Source Software Digital Privacy Humanitarian Effort Permaculture Renewable Energy Human Rights When giving and accepting Lotus, you are supporting for
  • 35. The Token of Appreciation Give to Change
  • 36. References TG Group: https://t.me/givelotus TG Channel: https://t.me/lotusprojectnews Official Website: https://givelotus.org Vietnam TG Channel: https://t.me/givelotus2vn