LTO Network The community accepted the LTO Network Cobalt upda | House Of Chimera

LTO Network
The community accepted the LTO Network Cobalt update over the week by governance voting. The Cobalt update is a significant update to the LTO ecosystem due to the flexibility and robustness it provides.

The Cobalt Mainnet update will focus on self-owned data and peer-to-peer apps and eventually influence and empower developers to develop Private Aware Decentralized Applications. Therefore, developers can add value to the ecosystem through the LTO Network framework, which considerable clients such as The United Nations and governments are currently being used. The ecosystem will have to swap out their current ERC-20 smart contract to the new ERC-20 smart contract, which is expected to be done over the next few weeks.