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As a not-for-profit organization, the Litecoin Foundation relies on the generosity of the community. Any and all donations to help further the development and advancement of Litecoin are greatly appreciated!
The Litecoin Foundation is dedicated to consistently improving the Litecoin network, whilst supporting the development of exciting projects on the Litecoin blockchain. Below are a handful of initiatives that demonstrate Litecoin's commitment to innovation and improving the experience of its users.
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Litecoin enables instant payments to anyone, anywhere in the world using peer-to-peer technology without a central authority. The management and processing of these transactions is carried out collectively by the decentralized Litecoin network. If you'd like to help support the network, you can do so by running Litecoin Core - the most popular full node Client - by following the instructions below.
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MWEB is the largest upgrade to the Litecoin network ever, promising to provide fungibility for all, while improving Litecoin's scalability. David Burkett, the lead developer behind Litecoin’s Mimblewimble Extension Block (MWEB) upgrade, spent more than two years working on it.
The MWEB upgrade will be included as part of the Litecoin Core 0.21.2 release, which also includes Taproot.
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Litewallet is the official Litecoin Wallet of the Litecoin Foundation. With a focus on security and user-experience, Litewallet makes getting started with Litecoin easier than ever!
Send and receive Litecoin at the touch of a button. Any time, anywhere and to anyone. Buy Litecoin directly in Litewallet and get the deposit within minutes.
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The Lightning Network was first proposed by Thaddeus Dryja and Joseph Poon in 2015. It was designed to solve one of the biggest problems cryptocurrencies face: scalability. Litecoin launched its Lightning Network in 2018.
The Lightning Network is a 2nd layer solution. Micropayments on the Lightning Network are guided by smart contracts; sets of rules that must be followed for transactions to take place. The fees are likely to be very small compared to the fees charged by miners on the main blockchain. The work done by Lightning Network nodes are far easier than that done by miners.
If you’d like to run a Litecoin Lightning Node, you can by clicking the link below:
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OmniLite is an open-source platform that facilitates the creation of decentralized tokens and smart contracts as well as digital assets, like tokens and NFTs.
Being a layered protocol built on top of Litecoin’s blockchain, Omnilite has a distinct advantage over other blockchains due to its integrity, network security, scalability and comparatively low fees. The tokens created via OmniLite can be considered to be as an extension of Litecoin and as a result, the transactions from these tokens are recorded on Litecoin’s blockchain.
All digital assets created via OmniLite benefit from the Litecoin network’s attributes, innovative technology and security.
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