BlockBeats News, May 31, according to Benzinga's report, Lunar Digital Assets announced the launch of the Litecoin ecosystem zero-knowledge Layer-2 network LitVM, introducing smart contracts to the Litecoin, born in 2011. 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), aiming to introduce smart contract functionality, cross-chain liquidity, and Real World Asset (RWA) support. Lunar Digital Assets stated that LitVM will help Litecoin expand into the DeFi and Web3 ecosystem, providing on-chain use cases such as stablecoin payments, programmable assets (Runes, Lordinals), and more.
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