Exciting Litecoin Development Projects Nearing Completion: A Look at the Latest coming to Litecoin
In the last month, there has been a surge of activity in the development of tools and resources to support Litecoin and Litecoin NFTs, with several new developers joining the effort. One of the advantages of Litecoin development is the ability to leverage the best tools from Bitcoin and adapt them to support Litecoin. As the Bitcoin Ordinals craze continues to gather momentum, Litecoin developers are focusing their efforts on adapting and forking the most effective tools for use with Litecoin and Litecoin Ordinals. Here is a list of the new tools coming!
lite.space (mempool.space: Litecoin Version)
Expected to be completed this week, Lite.Space is the Litecoin version of mempool.space, a popular Bitcoin transaction explorer. Mempool.space is a website that provides real-time information and statistics about the Bitcoin network's mempool. The mempool is a part of the Bitcoin protocol where transactions that are waiting to be confirmed by miners are stored. Mempool.space allows users to view the current state of the mempool, such as the number of unconfirmed transactions, the total size of the mempool, and the estimated fee required for a transaction to be included in the next block.
GitHub Repo: https://github.com/losh11/mempool-ltc
UniSat (Litecoin Version/Support)
UniSat is a new browser Bitcoin extension wallet that enables users to store and transfer Bitcoin ordinal NFTs, akin to how MetaMask functions with Ethereum-based wallets. As per the UniSat team's primary Twitter, they are looking into adding Litecoin support. This easy-to-use, self-custody wallet will play a crucial role in Litecoin NFTs once it is ported over.
GitHub Repo: https://github.com/unisat-wallet/extension
OpenOrdex (Litecoin Version)
OpenOrdex is a fully decentralized and self-custody marketplace that empowers users to list Bitcoin NFTs while retaining control of their assets. The platform achieves this through the use of Partially Signed Bitcoin Transactions (PSBT), which enable multiple parties to participate in a transaction without revealing their private keys. As a result, buyers and sellers can exchange funds without relying on a centralized intermediary to manage the process. Litecoin developers are actively working on a Litecoin version called Ordex-lite, which is set to be fully operational in just a few weeks. The marketplace is designed to offer a user-friendly experience similar to that of Opensea's NFT platform, making it easy for anyone to buy and sell digital assets with ease.
GitHub Repo: https://github.com/jamesscaur/liteordex
Official Litecoin Explorer:
Last but not least, the official Litecoin Ordinals NFT Explorer, ordinalslite.com, is now practically complete and supported by the Litecoin Foundation. This significant endorsement highlights the importance of the project and the substantial advancements it brings to Litecoin and Litecoin NFTs.
These new developments signify an exciting time for the Litecoin community, and the future of Litecoin looks promising with the innovations brought by Lite.Space, UniSat, Open-Lite, and the official Litecoin Explorer. Stay tuned for more updates on these projects and more Litecoin development.