Litecoin Foundation Launches OmniLite, A Decentralized Token Creation Platform
OmniLite is an open-source platform that facilitates the creation of decentralized tokens and smart contracts along with crypto-assets such as tokens and NFTs. OmniLite, being a layered protocol built on top of Litecoin’s blockchain, takes advantage of its reputable network security and low fees. The tokens created via OmniLite can be considered to be an extension of Litecoin and as a result, the transactions from these tokens are recorded on its blockchain. Consequentially, all digital assets created via OmniLite benefit from the network advantages Litecoin has to offer.
