A New Litecoin Targeted Lightning Venture is Nearly Right here.

2 views 4:09 am 0 Comments June 11, 2023

It’s now lower than one week till this years Litecoin summit, hosted by the Singapore based mostly Litecoin Basis. Within the last run up, a brand new undertaking has simply been publicly teased on twitter from one of many organisations administrators Wang Xinxi. The tweet learn:

“There will probably be one thing massive from @loshan1212 quickly. #Litecoin #LTC

Loshan has been an lively Litecoin developer since 2013 and is most recognized for his work on the Litecoin Core full node software program and Loafwallet which is now the biggest standalone Litecoin Pockets for IOS and Android units. Though working as an impartial developer, Loshan is sponsored by the inspiration to work full time on Litecoin and its wider ecosystem.

Regardless of the discharge of this teaser Loshan just isn’t scheduled to talk on the Summit so it stays unsure when precisely this untitled undertaking will probably be launched or if we’ll hear extra on the precise occasion. Additional particulars have been nonetheless hinted at in a observe up tweet from Loshan who said:

“One thing to do with ⚡”

Given his earlier work and proficiency in IOS growth it is probably not too far fetched to imagine this untitled undertaking is a brand new cell Lightning pockets for Litecoin. This may make it the primary for Litecoin and break down a handful of boundaries that customers at the moment face when attempting to onboard to the layer 2 community, specifically working a full node for the LND software program which requires a level of technical understanding to put in and handle safely.

The opposite potentiality is that that is could also be one thing to do with deeper infrastructure, presumably growth on Litecoin help for additional implementations past Lightning Lab’s LND.

Loshan advised us that he has lately stepped again from Loaf growth in the previous few weeks and is not allocating any extra time to it as an alternative selecting to refocus all his efforts on the brand new lightning undertaking going ahead.

“Formally left every little thing to do with LoafWallet since final week.”

Loaf, we’re additionally advised, will proceed below the brand new management of Kerry Washington who will probably be talking in regards to the subsequent main launch on the primary day of the Summit subsequent week. He has mentioned of the transfer:

“I joined the Litecoin Basis in 2017 primarly to enhance the LoafWallet iOS App whereas figuring out a product plan for the longer term with Charlie. At a latest lunch, he steered I tackle the position of lead not only for iOS however all issues LoafWallet to incorporate the Android codebase and backend sources. This additionally means persevering with my work with our companions like Simplex, Changelly, Ternio and, BiBox. I fortunately accepted the position and stay up for sharing new issues associated to Loafwallet on the Litecoin Summit.”

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