Lunar Digital Assets Announces Launch of L2 Network LitVM, Introducing Smart Contracts for Litecoin

Odaily News Lunar Digital Assets announced the launch of Litecoin's ecological zero-knowledge Layer-2 network LitVM, introducing smart contracts to Litecoin, which was born in 2011. The network is built on BitcoinOS and Polygon CDK and is supported by the Litecoin Foundation.

LitVM is an EVM-compatible ZK Rollup that aims to introduce smart contract functionality, cross-chain liquidity, and real-world asset (RWA) support. Lunar Digital Assets said that LitVM will help Litecoin expand into the DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). (Benzinga)