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What can you do with PlatON?
Store/Hold PlatON
Many users hold on to their PlatON with the expectation of it increasing in value. You can store your LAT safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade PlatON
You can trade PlatON for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for PlatON trading to meet your needs.
Send PlatON
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy PlatON online and send to anyone and anywhere with their PlatON address.
Spend PlatON
You can also buy goods and services with your PlatON. More and more vendors and retailers accept PlatON every day.
Donate PlatON
Bitget Charity accepts PlatON donations for global projects that aim to improve the lives of people in the bottom billion. You can donate PlatON so no one misses out on the growth made possible by blockchain.
Learn More About PlatON
You can read more in-depth articles on PlatON from Bitget Research and study how cryptocurrencies like PlatON work on Bitget Academy
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What is PlatON (LAT)?
PlatON is a blockchain that provides trustless computing infrastructure specifically designed for decentralized systems. It is optimized for building and scaling dapps as well as blockchain networks. PlatON was created in 2018 by Feng Xiao and has since grown to support the building of multiple technologies, including AI.
How PlatON (LAT) Works
PlatON has developed a new consensus mechanism called Concurrent Byzantine Fault Tolerance (CBFT) to improve the efficiency of its blockchain network. CBFT has the ability to produce blocks continuously without waiting for the previous blocks to be confirmed. CBFT also can greatly reduce complexity in communication, thereby significantly improving block production efficiency.
PlatON also utilizes another unique consensus mechanism called Probabilistic Proof-of-Stake (PPoS). It randomly selects nodes to participate in the CBFT consensus to balance performance and the number of verified nodes. Any LAT token holder can pledge to participate in the validator, and other LAT holders can vote through delegation. Validators are randomly selected from a list of validators through Verifiable Random Function (VRF) and probability distribution. Validators take turns to become proposers to produce blocks, and other validators perform block validation.
LAT is the native cryptocurrency of the PlatON network. LAT is used to pay fees for transactions, to incentivize nodes to process and verify transactions, to pay for data and computing power in the PlatON market, and to support the development of DApps and DeFi on the network.
How Many PlatON (LAT) Tokens Are in Circulation?
There is no hard cap on total supply for LAT. 3,666,885,924 LAT is in circulation.
How to Buy PlatON (LAT)
Consider investing in PlatON (LAT)? It only takes 2 minutes to create an account on Bitget and start trading LAT.
Check out the available LAT trading pairs on Bitget!
Spot market
PlatON (LAT) Resources
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