LitVM, a new layer-2 solution for Litecoin, was introduced at the 2025 Litecoin Summit. This update provides support for smart contracts and enhances the scalability of Litecoin.
What is LitVM?
LitVM is a layer-2 solution for Litecoin that allows users to store LTC, LRC20 tokens, Runes, and other assets. By utilizing zero-knowledge cryptography, LitVM can handle thousands of transactions simultaneously and integrates with blockchains like Ethereum.
Technologies Behind LitVM
LitVM is based on three core technologies:
1. BitcoinOS, adapted for Litecoin, supports zkRollup and smart contracts.
2. Polygon CDK/Erigon provides high speeds and low transaction fees.
3. AggLayer facilitates access to a single liquidity pool for working with DeFi products.
Prospects for LitVM in Litecoin
With the introduction of LitVM, Litecoin can support new applications in DeFi, NFTs, gaming, and identity. This solution ensures that Litecoin remains competitive in a rapidly changing online environment.
LitVM marks a significant advancement for Litecoin, expanding its functionality and offering new opportunities for developers and users.
