Litecoin and Monero Might Start a Collaboration

Judging by the tweets of Charlie Lee, the creator of Litecoin, the collaboration between Monero and LTC might become real making atomic swaps possible
29 January 2018   1687

The collaboration between Monero and Litecoin might become possible, as the creators of Litecoin and Monero stated in their tweets. Riccardo Spagni stated that he and Charlie Lee met and had a talk about possible merger of Litecoin and Monero alliances which may cross-improve operations with both coins.

Moreover, Charlie Lee claimed that it will take some work for atomic swaps to work properly on Monero and it's up to Monero devs and community to decide if this is a good idea, but if the collaboration happens, it's going to be huge, but no longer an unexpected surprise.

At the moment of press, those are the main parameters of the coins:

  • Monero. Average price. $317,46 
  • Market Cap. $4 970 920 492
  • 24h Volume. $74 176 900
  • Litecoin. Average price. $181,87
  • Market Cap. $9 997 338 771
  • 24h Volume. $362 351 000

Lite.IM Beta to be Released

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system
09 August 2018   506

Developers of the Zulu Republic blockchain project presented Lite.IM software that allows users to make transactions in the Litecoin network using SMS messages and the Telegram messenger.

Zulu Republic is convinced that Telegram is the safest messenger and provides all the necessary opportunities for testing the concept before launching SMS payments.

Representatives of the project emphasize that a lot of people live in countries with limited access to the Internet, under conditions of strict censorship by political regimes, without access to financial services. In addition, 64% of the world's population owns mobile phones, but only 33% have smartphones. This is the reason why Zulu Republic is convinced of the need to link SMS messages and Litecoin blockchain, not relying on the availability of the Internet.

By opening the world of cryptocurrency to these underserved and vulnerable populations, we aim to provide a degree of financial agency, autonomy, and (perhaps most importantly) security that they’ve been denied up until now.

Zulu Republic

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system. At the moment the community already has the opportunity to use Telegram-bot to check balances and send Litecoin to LTC-addresses or e-mail. The solution is written on JavaScript. More info is available at GitHub.

The creator of "digital silver" Charlie Lee is convinced that the bear market allows us to focus on developing solutions for mass adoption of technology.