Litecoin Foundation Launched LTCPay Service

The users can use LTCPay for free to accept Litecoin payments into their own wallet conveniently
16 April 2018   1303

Charlie Lee, the creator of Litecoin has announced in his Twitter account that the new project of Litecoin Foundation went live. LTCPay is a free service for merchants to accept Litecoin for their business. It is compatible with Bitpay service to allow seamless migration, and merchants do not need to trust LTCPay to accept payments since all payments go directly to merchant's wallets.

LTCPayLTCPay

Lightning Network is enabled within the service, and the users can use LTCPay for free to accept Litecoin payments into their own wallet conveniently. LTCPay supports many APIs, and the reports and invoices can be generated. Fiat conversion is currently not supported yet.

At the moment of press, these are main market parameters of Litecoin:

  • Average Price: $126,75
  • Market Cap: $7 111 730 878
  • 24h Vol: $287 061 000

Litecoin to Join Forces with Beam

MimbleWimble technology can be theoretically integrated into Litecoin
08 February 2019   468

Representatives of the Litecoin Foundation together with the developers of Beam  cryptocurrency are exploring the possibility of integrating MimbleWimble technology into Litecoin.

We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality.
 

Beam Team

It is noted that further results of cooperation of the company will be reported in their official blogs.

Worth reminding, in January Charlie Lee reported on implementation of confidental transactions in Litecoin.