Lunar Digital Assets announces the launch of the L2 network LitVM, introducing smart contracts to Litecoin

Lunar Digital Assets announces the launch of the Litecoin ecosystem zero-knowledge Layer-2 network LitVM, bringing smart contract functionality to Litecoin, which was created in 2011. The network is built on BitcoinOS and Polygon CDK, and has the support of the Litecoin Foundation.

LitVM is an EVM-compatible ZK Rollup designed to introduce smart contract capabilities, cross-chain liquidity, and support for real-world assets (RWA). Lunar Digital Assets stated that LitVM will help Litecoin expand into the DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). $LTC