Litecoin Foundation Forms Digital Currency Research Laboratory

Litecoin Foundation, a non-profit organization, has announced the formation of LTC Labs in collaboration with Antpool, one of the world’s leading digital currency mining platforms, to form a digital currency research Laboratory. The team is currently engaged in creating a DAO for managing these initiatives. Litecoin (LTC) Partners With AntPool Dubbed LTC Labs, the primary focus of the lab will be “research and information of anonymous transactions, decentralized applications, the evolution of digital currency, wallets” and similar projects related to the development of the Litecoin ecosystem. The core system of the lab includes a vault and voting system. Announcing the Formation of LTC Labs! The Litecoin Foundation has partnered with @AntPoolofficial to form the digital currency research laboratory ‘LTC Labs’. The organization will focus on funding projects to help grow the Litecoin ecosystem.https://t.co/kG9Xje9upT — Litecoin Foundation ⚡️ (@LTCFoundation) April 5, 2022 Every month, Antpool will donate half of what they earn from Litecoin pool mining to help fund the project and development projects. The Litecoin team is also working on a decentralized autonomous organization (DAO) to help administer this endeavor. Founded in 2014, Antpool is a Chinese-based multi-cryptocurrency mining pool operated by the world’s largest crypto mining hardware provider, Bitmain Technologies. As of Jan. 1, 2022, Antpool led in global Bitcoin ...