Litex Profile (LXT)
Project Safety Score
Fri, Jan 21, 2022 6:41 AM
LITEX is a completely decentralized cryptocurrency payment ecosystem. Based on the business model of Epro's payment star product, “Non-bank card payment” and the BOLT protocol, the LITEX team designed the LTXN (LITEX Network) to enable the purchaser to pay the legal currency to the merchants and consumers. The process by which the purchaser pays back the cryptocurrency. This process is secured by smart contracts and does not require the involvement of a centralized operations organization. In the LITEX architecture, the upper layer is matched by the decision network to the consumer's payment request and the purchaser's purchase request, and the lower layer is established by the lightning network to establish a safe and efficient payment channel to pass the cryptocurrency, and the merchant completes the purchaser through the acquirer. Consumers pay for the settlement of legal currency. The upper-level decision-making network also suppresses the centralization tendency of the lightning network while improving network efficiency through incentives and other strategies.
Read more in the whitepaper:
Litex Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
Litex Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Litex Safety Report
Litex has a safety score of 1.97
Litex is a nano cap token.
Litex is suited to a adventurous investment style.
This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.
- project whitepaper
- bitcointalk thread
- tradingview profile
Litex Red Flags
Red flags are listed below. Checkout the red flag tab for a more in-depth analysis.
Litex Development Score
The Litex project has active source code repositories.
There have been no commit to any of this accounts repos
- 0 Watchers
- 0 Stars
- 0 Mentionable Users
- 0 Vulnerabilities
- No commits in the last 28 days
- no stars
- no watchers
- no mentionable users
- no repo stars
- never repo updates
Litex Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- Low number articles to calculate the sentiment
- The overall sentiment is extremely negative
Litex Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Litex?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Litex has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- no reddit articles
- very low hashtag tweets
- very low gitHub account watchers
Litex Awareness Score
The awareness score indicates how well Litex is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Litex is but a good measure of longevity is how well the project is known by the general public.
Overall Litex this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- very poor search result total
- very poor number of news articles mentioning Litex
- very poor number of headlines about Litex
- very poor number of Litex YouTube videos
Litex Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Good project age (released Aug 2, 2018)
Litex Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- poor USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Litex Red flags
The Github account previously existing account has been removed.severity: warning
The Github account (litexio) linked to this project previously existing account has been removed.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project whitepaper
- bitcointalk thread
- tradingview profile
Market Cap Rank:
Bulls v Bears:
What Does a Risk Analysis Say About Litex (LXT) Monday?Mon, Jan 10, 2022 5:45 PM
Fan (machine) Market Size and Forecast | Key Companies – Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Panasonic, – The Host - The HostThu, Oct 28, 2021 7:29 PM
Growth Prospects of Radiation Doors Market: Business Outlook 2021-2026 by Bluestar Chemical MMachinery, Jiangsu Baishi Cheng, Hazlin, Lindner Group, Van Vuuren,, and more | Affluence – The Host - The HostThu, Oct 28, 2021 7:27 PM
Mayor Isko supporters hold motorcade on his 47th birthday - Manila BulletinSun, Oct 24, 2021 3:57 AM
Ceiling Sweep Fans Consumption Market Sales, Latest Trends, Share Value and Size Estimation By 2028 | Hunter Fan, Vent-Axia, HPM, Haiku – Puck77 - Puck77Fri, Oct 22, 2021 9:56 AM