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PlatON - Blockchain for Privacy-preserving AI

PlatON was initiated and promoted by the LatticeX Foundation. Based on the basic properties of the blockchain and supported by a privacy-preserving computing network, PlatON provides the next-generation Internet basic protocol featuring "computing interoperability".

 

Platon brings blockchain, AI, and privacy-preserving computation together to create a decentralized collaborative privacy-preserving AI network that takes data utilization to a new level.

 

The entire privacy-preserving AI network is divided into three layers.


PlatON was initiated and promoted by the LatticeX Foundation. Based on the basic properties of the blockchain and supported by a privacy-preserving computing network, PlatON provides the next-generation Internet basic protocol featuring "computing interoperability".

 

Platon brings blockchain, AI, and privacy-preserving computation together to create a decentralized collaborative privacy-preserving AI network that takes data utilization to a new level.

The entire privacy-preserving AI network is divided into three layers.

PlatON uses concurrent Byzantine fault tolerance protocol (CBFT) to solve the efficiency problem of partially synchronous networks.

PlatON is a blockchain project that implements democratic governance. Validators are jointly selected by all LAT holders to maintain and develop the PlatON network. The 201 nodes with the most votes will become alternative nodes, from which 43 validators will be randomly selected by VRF to participate in the management of the entire PlatON network.

 

LAT is the native token of PlatON Network. It is a digital currency. You can transfer it through the PlatON network or use applications built on PlatON with LATs.

 

LATUSD showed a minor sell-off after hitting a multi-month high.

 

Any daily close above $0.020 confirms further bullishness.

 

The pair pared some of its gains after forming a minor top around $0.01890. Any major trend reversal can happen only if it closes above $0.030.

 

It hit a high of $0.18932 yesterday and is currently trading around $0.011386. The pair holds above the short-term (21 and 55-day EMA) and above the long-term moving average (200-day EMA).

 

The near-term resistance is around $0.020, any indicative breach above will take the pair to $0.025/$0.030 On the lower side, immediate support is $0.010, and any violation below targets $.

 

Indicators ( 4- hour chart)

 

Directional movement index - Bullish

 

It is good to buy on dips for around $600 with SL for around $500 for TP of $800.

 

 

 

 

 

 

 

 

 

 

 

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