Lit Protocol is a decentralized key management and private compute network. Lit provides developers building in Web3 with three core primitives: - Decentralized Signing and Wallet Management (support for ECDSA and EdDSA signatures) via MPC TSS + TEEs - Decentralized Encryption / Decryption (identity-based BLS encryption scheme) via MPC TSS + TEEs - Private Compute executed via Lit’s MPC TSS network and protected by sealed TEEs
News
INSIGHT: $LIT is up 17.3% after updating its tokenomics, replacing buybacks with permanent token burns starting in Q3.
Binance Alpha has launched Lit Protocol (LITKEY), with an airdrop threshold of 235 Alpha points
MEXC Innovation Zone launches Lit Protocol (LITKEY)
The decentralized access control protocol Lit Protocol announced the LITKEY token economics: airdrop accounts for 4.8%