Lana is an independent cryptocurrency, founded in May 2016. It has its own blockchain, so it is a crypto coin. You can exchange Lana for the services and products you need. Due to the finite number of coins, Lana can also be used as a store of value for your assets. You can also cash it out at any time by selling it on the crypto exchange. Within the Lana community, PLAN15 operates, which repeats Bitcoin's story from the period of its greatest growth for all those who missed it for whatever reason.
Something about the basic features of Lana
Just as Bitcoin is divided into 100 million parts (satoshis), one LANA is divided into 100 million lanoshis.
Similar to Bitcoin, which is limited to a final supply of 21 million coins, Lana has a final supply of 7.506 billion coins. Approximately 350,000 Lana coins are created daily.
You can track the Lana blockchain on the Lanacoin Blockchain Explorer.
The Lana consensus mechanism changed from a hybrid PoW/PoS (Proof of Work/Proof of Stake) to purely PoS (Proof of Stake) after block 750,000 (September 19, 2022), meaning that the Lana network uses minimal energy to validate transactions.
Before block 750,000, approximately 2.5 million coins were generated daily, and after that only approximately 350,000. The drastic decline in daily coin generation and the replacement of miners with stakers therefore caused a more than 450% increase in the value of Lana.
Stakers (PoS – Proof of Stake), unlike miners (PoW – Proof of Work), have a direct interest in HODLING (holding) the coins. The more coins they dedicate to staking, the higher reward they can expect in the form of newly created Lanas for validating transactions. Therefore, the price of Lana is more stable than with the consensus mechanism PoW – Proof of Work or in other words if Lana was mined.
Due to the change in the consensus mechanism, we can say that the 750,000th block is the milestone after which Lana became a completely new coin, which is why PLAN15 followers consider September 19, 2022 to be Lana's new birthday.
Like Bitcoin, Lana is open source, so anyone can participate in its development and freely share their knowledge, information, and ideas with other members of the Lana community.
Lana is a decentralized cryptocurrency that has never had an ICO (initial coin offering). The fact that it did not have an ICO means that there is no company or strong investor behind Lana and its entire development depends on a community of people who believe in it. Some might see this as a weakness, but PLAN15 sees this as a big advantage, because the mere fact that nothing serious has happened to Lana before the 750,000th block means that it is in a position as if it were a brand new cryptocurrency with all the potential that Bitcoin had at its inception.
Until recently, Lana did not have a whitepaper (a document where the goals of the project are written), because the community believes that everything is already written in the Bitcoin whitepaper. However, due to the Act Implementing the Regulation (EU) on Markets in Cryptocurrencies, which ensures the implementation of the MiCA regulation, Lana's whitepaper is in preparation.
Lana is a fork of a Bitcoin fork, to be exact a fork from blackcoin-old/blacknet-ninja. It has the same algorithm as Bitcoin (SHA256D) and that's why it was chosen for the second chance. PLAN15 calls Lana the lost daughter of the father Bitcoin, which, unlike the latter, can carry out the original idea of Bitcoin's founder Satoshi Nakamoto much easier due to its features. Basically, LANA is exactly what Bitcoin should be to be owned practically by everyone on the planet today.
Transaction fee – the biggest advantage of Lana
Due to its fast transferability, extremely low transaction fee, sufficiently large block size and the final limitation of the number of coins to just the right number, Lana is useful both for paying for products, services and goods, as well as for saving.
The transaction fee of Lana coins is 0.00000100 LANA (100 lanoshi). At the time of writing, when the price of 1 Lana is less than 1 satoshi, that translates to about $0.0000000003.
The transaction fee of Lana coins would thus be cheaper than the commission charged by banks for card payments, even if the price of Lana increases by more than 430 million times, to more than 150,000 dollars for 1 Lana. Translated, this means that Lana could be used to pay for a morning cup of coffee at a local coffee shop, even if Lana was the only means of payment on planet Earth.
A Lana block is 4 MB in size (4x larger than Bitcoin's) and can be expanded to 64 MB or more if needed. This data, combined with the above mentioned extremely low transaction fee, means that Lana can easily service all transactions possible on Earth.
PLAN15 – a bold but realistic plan for LANA
PLAN15 aims to repeat the story of Bitcoin for all those who missed it either due to ignorance or simply because they were too young. It guides its followers through 15 steps, which are divided into three phases, each phase containing 5 steps. In the first phase, the follower gets to know Lana, in the second phase he/she begins to develop his/her own Lana microeconomy, and in the third phase he/she begins to combine with others, who together form the Lana macroeconomy.
The launch of PLAN15 coincides with Lana block 750,000, which means that LANA's story begins on September 19, 2022, despite the fact that it was founded in 2016. At the time of writing, Lana is where Bitcoin was in April 2011. If Lana was Bitcoin, its value would be around $270 and conversely, if Bitcoin was Lana, it would be worth less than 15 cents.
Below see the exchanges where Lana is traded and trusted by PLAN15:
- SLEX (LANA/USDT)
- XeggeX (LANA/USDT, LANA/BTC)
- FreiExchange (LANA/BTC)
- Finexbox (LANA/USDT)
- FreiXLite (LANA/LTC)
- NonKYC (LANA/USDT)
- QU Trade (LANA/USDT, LANA/BTC, LANA/S11, LANA/DOGE, LANA/ETH, LANA/LTC, LANA/CHESS, LANA/2×2, LANA/FIRO, LANA/TRX, S11/LANA, ETH/LANA)
- Bololex (LANA/USDT, LANA/BOLO)
Register on Binance to buy the USDT (Tether) which you need to trade on the LANA/USDT markets. You can also buy Tether directly with a bank card on the SLEX crypto exchange.
Data on LANA (price, market capitalization, daily volume, number of coins in circulation) can be found at:
- CoinCodex
- CoinPaprika
- CoinGecko
- CoinStats
- CoinMarketCap
- BlockSpot
- CryptoRank
- LiveCoinWatch
- CoinMarketLeague
The most up-to-date source of information about LANA development are currently:
Wallets:
- CryptoWallet.si for portable phones with the Android operating system (click for instructions)
- Slavi: Defi Crypto Wallet for iPhone with the iOS operating system
- Slavi: Defi Crypto Wallet for portable phones with the Android operating system
- LANA Staking Wallet Full nodes / Desktop clients for Windows, Linux, MacOSX
“LANA is like a ruin located in the best location in Manhattan, bought by an investor who knows what needs to be done to make it the most expensive property.” PLAN15
