Introducing LitVM: Litecoin’s New Zero-Knowledge Layer-2 Network for DeFi and Smart Contracts

According to a recent report by Benzinga, **Lunar Digital Assets** has unveiled the **LitVM** network, enhancing the **Litecoin ecosystem** with zero-knowledge Layer-2 capabilities. This innovative network, which is built on **BitcoinOS** and utilizes the **Polygon CDK**, is supported by the esteemed **Litecoin Foundation**. By introducing **smart contracts** to Litecoin, LitVM is poised to revolutionize its functionality. The EVM-compatible **zero-knowledge rollup** (ZK Rollup) aims to facilitate **cross-chain liquidity** and support for **Real World Assets** (RWA). Lunar Digital Assets emphasized that **LitVM** will empower Litecoin’s integration into the **DeFi** and **Web3** ecosystems, delivering practical on-chain applications such as **stablecoin payments** and **programmable assets** like **Runes** and **Lordinals**. This strategic move signifies a pivotal development for Litecoin as it seeks to broaden its use cases within the rapidly evolving crypto landscape.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.