Profile· Neutral@LitecoinVMOn Ethos

LitVM
2 reviews, 100% of them positive.100% positive · 2 reviews· Influence factor 11, above 2% of accountsWhat people say
Received · 2Given · 0“the first EVM-compatible ZK Layer-2 rollup directly on Litecoin,”if you are conversant with ct, you will understand the need for this virtual machine. litecoin is the second most hated coin with cardano holding the number 1 rank tightly. the idea is to turn the OG "digital silver" into a full-blown programmable Web3 powerhouse without touching the battle-tested base layer. Transactions batch off-chain for massive scalability then settle via ZK proofs on Litecoin's PoW mainchain for ultimate security. its a bit technical but at the core of this is making litecoin more usable and allowing ethereum guys code and do more with and on litecoin. We should also see a full unlock of the DAO capabilities of this eco
🥷iamolusegun · 1305· 10mo ago3
🥷iamolusegun · 1305· 10mo ago3“A Big Step in the Development of the Litecoin Ecosystem”A couple of days ago, the project LitVM caught my attention. After digging into the documentation, I found information that this will be a Layer-2 solution with zk-technology for Litecoin. For me, as a developer, this was very good and interesting news, because until now Litecoin had been just a payment network. Now there will be an opportunity to launch DeFi protocols, support NFTs, connect with other chains, and create tokens. This means that enthusiasts, developers, and projects will be able to build on Litecoin almost everything that is built on Ethereum, but with the advantages of Litecoin. I’m really looking forward to the launch of this technology so I can fully use its Web3 features.
Melkor · 1301· 10mo ago7
Melkor · 1301· 10mo ago72 of 2 · most upvoted first
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