New Litecoin Hard Fork to be Implemented

The team of Litecoin Private will fork Litecoin on block height 1407299
16 April 2018   3821

In February we have reported about the LitecoinCash fork, which was supposed to have such feature of new coin as introducing 10:1 claim ratio instead of traditional 1:1 ratio. The new Litecoin hard fork is coming in just a few days, it has emerged recently.

Litecoin Private should allow private transactions due to the utilization of zkSNARKs, and smart contract capabilities alongside with the "revolutionary" DAO Management Engine. Litecoin Private is currently in the form of ERC20 futures token running on the Ethereum blockchain.

We will do a community airdrop through our ethereum smart contracts to distribute a total of 21,000,000 LTCP [ERC20] fairly to the community for free and at a later date we will fork Litecoin and merge the [ERC20] LTCP coins with forked LTC coins (42,000,000 + 84,000,000), creating a total supply of 126,000,000 LTCP. Then we will distribute most of the remaining converted ERC20 coins in another community airdrop, this time directly through LTCP smart contracts. 
 

Litecoin Private statement

Litecoin Private Features:

  • Fast. Thanks to 5 second block time the transaction speed of LTCP is under 5 seconds in most scenarios. This makes LTCP up to 200x faster than BTC and about 50x faster than LTC.
  • Private. Due to the utilization of the revolutionary zkSNARKs technology, it should be able to provide private transactions through LTCP, similar to those in Monero, ZClassic and other privacy coins.
  • Scalable. With significantly increased block size, Litecoin Private is capable of doing up to 300 TPS, which is 75 times more than Bitcoin.
  • Smart Contracts. LTCP will be the first blockchain to allow smart contracts with complete transaction privacy. Furthermore, thanks to our DAO Management Engine (DAOME), it's incredibly easy to create a DAO on the LTCP blockchain.

The team of Litecoin Private will fork Litecoin on block height 1407299, which is approximately on 21 of April 2018. Moreover, desktop wallets alongside with the source code will be released soon.

eToro to Launch Own Crypto Wallet

At the moment, Bitcoin, Ethereum and Litecoin are supported and the wallet is available only for Platinum Club members (holders of $25k+ at eToro)
07 November 2018   438

The eToro social investment platform introduced a cryptocurrency wallet with support for Bitcoin, Ethereum and Litecoin.

Representatives of the company say that eToro Wallet is available to all EU residents, as well as Switzerland and Gibraltar. However, in order to take advantage of the new wallet, platform users must be members of Platinum Club, that is, they must hold assets worth $ 25,000 on the platform. But the company promised to soon provide access to the eToro Wallet for a wider range of users, as well as add other coins.

We believe that crypto and the blockchain technology that underpins it will have a huge impact on global finance. Blockchain has the potential to revolutionise finance and we believe that we will see the greatest transfer of wealth ever onto the blockchain. We believe that in the future all assets will be tokenised and that crypto is just the first step on this journey. Just as eToro has opened up traditional markets for investors, we want to do the same in a tokenised world. The eToro wallet is a key part of this.
 

Yoni Assia

CEO, eToro

The app is already available for the Android and iOS operating systems. To use a mobile wallet, users must be verified on the platform.