Litecoin launches L2 network LitVM, introducing smart contract functions and cross-chain liquidity

PANews reported on May 31 that according to Benzinga, Lunar Digital Assets launched the Litecoin ecosystem zero-knowledge L2 network LitVM. The network is built on BitcoinOS and Polygon CDK and is supported by the Litecoin Foundation. LitVM is an EVM-compatible zero-knowledge rollup (ZK Rollup) that aims to introduce smart contract functions, cross-chain liquidity, and real-world asset (RWA) support. LitVM will help Litecoin expand to the DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals).

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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