Litecoin Foundation and X9 Developers Announce Collaboration

The Litecoin Foundation has formalized a collaboration with X9 Developers in the maintenance, debugging, and hardening of ltcd and potentially other Lightning Network(LN) technologies. X9 Developers are a blockchain agnostic dev team whose founders are core developers and fully funded by Stakenet (XSN). As Stakenet’s overall vision is to build an interoperable cross-chain future built on the LN, both parties incentives are aligned to work together.

X9 Developers have already implemented a beta version of cross-chain Atomic Swaps via the Lightning Network available for testing between XSN and LTC. Their current focus is to improve the user experience of the LN and develop a “one click” solution for Atomic Swaps on the LN. They have also recently brought ltcd up to speed with the latest on btcd which will enable Litecoin support on neutrino, a Lightning Network light client. This marks an important first step in making LN app development easier as a full node will no longer be required to run a LN wallet or application for lnd implementations.