{"id":158564,"date":"2025-06-02T15:00:34","date_gmt":"2025-06-02T12:00:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158564"},"modified":"2025-06-01T23:31:30","modified_gmt":"2025-06-01T20:31:30","slug":"litecoin-embraces-smart-contracts-with-new-layer-2-network","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/litecoin-embraces-smart-contracts-with-new-layer-2-network\/","title":{"rendered":"Litecoin Embraces Smart Contracts with New Layer-2 Network"},"content":{"rendered":"<p>Revealed during the Litecoin Summit in Las Vegas, the LitVM project is being spearheaded by Lunar Digital Assets in collaboration with the Litecoin Foundation.<\/p>\n<p>Built using BitcoinOS and Polygon\u2019s Chain Development Kit (CDK), the network is Ethereum Virtual Machine (EVM) compatible and utilizes zero-knowledge proof technology to enable secure and trustless interactions.<\/p>\n<p>This marks a significant shift for Litecoin, which has traditionally focused on speed and simplicity for everyday payments since its inception in 2011. With LitVM, the network is expanding its utility to support programmable applications, cross-chain asset movement, and more sophisticated financial products.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/jamie-dimon-predicts-bond-market-shock-urges-u-s-to-fix-its-foundations\/\" title=\"Jamie Dimon Predicts Bond Market Shock, Urges U.S. to Fix Its Foundations\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/jamiedimon-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Jamie Dimon Predicts Bond Market Shock, Urges U.S. to Fix Its Foundations<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Litecoin creator Charlie Lee emphasized that the project remains grounded in the principles that have defined the blockchain for over a decade\u2014security and reliability\u2014while finally opening the door to modern blockchain use cases like smart contracts.<\/p>\n<p>LitVM aims to unlock a new layer of possibilities for the Litecoin ecosystem. Its launch could pave the way for real-world asset tokenization, stablecoin-based payments, and native on-chain innovations like Runes and Lordinals\u2014features that were previously outside Litecoin\u2019s technical scope.<\/p>\n<p>By stepping into the Layer-2 space, Litecoin is positioning itself to evolve alongside more advanced networks while offering its community access to a growing range of decentralized financial tools.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.<\/p>\n","protected":false},"author":3,"featured_media":22574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-158564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Litecoin Embraces Smart Contracts with New Layer-2 Network<\/title>\n<meta name=\"description\" content=\"Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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