Post
Topic
Board Announcements (Altcoins)
Re: Lethean (LTHN): The Safest Way To Be Online. P2P VPN
by
readonly
on 17/10/2018, 17:47:39 UTC
This is one of the few cryptos I have faith in. I mean, Lethean actually has an use case planned, and VPN market is already huge and still growing. If the team managed to make the VPN simple and easy to use, I'd see the value of Lethean skyrocketing into TOP 100.

As a suggestion for the team: general population finds things like cryptocurrencies very confusing, but they can still be worried about their privacy. To really capture the market, you have to make a system that is as easy to use as:

1. Register an account
2. Pay with a credit card (and get Leatheans as credits that are tied into your account, kinda like an instant hot wallet. The general public is not going to go through the trouble to buy Bitcoins and exchange them for Lethean just to use your VPN services)
3. Download and install the browser extension (or other software)
4. Press a button and you are connected to VPN

If you cannot compete with other traditional VPN services in terms of simplicity, you are not going to win the fight. On the other hand, if you manage to make this super simple and start marketing your service well, you will not only become one of the big players in crypto, but one of the big players in the whole VPN market. You have advantages over traditional VPN services. Firstly, the amount of possible IP-adresses will be huge. Secondly, the open market nature of Lethean might mean cheaper VPN for consumers. And as a third advantage, because the VPN works in the blockchain it's going to be decentrilized, there is no need to trust in a single entity to keep your data private.

But, these advantages go down the drain unless you manage to make everything simple for the consumer. I think it's crucial that the service can be paid for with credit card and you get a Lethean hot wallet tied directly to your account, because like I said before, for normal consumer installing wallets and finding places to buy/exchange crypto is just too much of a hassle - especially when there are multiple easy to use VPN services already available in the market. And without the consumers, Lethean is not going to be anything but a cryptocurrency with no usage amongst thousands of others.

But anyways, I'm supporting the project. I have my whole rig mining and supporting Lethean network, even though I'm not making a profit doing so at the moment.

I also think it would be useful to make a quick lethean purchase through credit cards