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No premine. No ICO. No Founders Rewards. No developer rewards.
Initial block reward 275, halving after 1 year from start of mainnet, and halving thereafter every 4 years (ala BTC)
Users have complete control over privacy - users have complete control over their personal data in accordance to their will and applicable laws.
Confidentiality without penalty - confidential transactions do not cause bloating of the blockchain, avoiding excessive computational overhead
or penalty on performance or scalability while completely concealing the transaction value.
No trusted setup required
Blocks are mined using Equihash Proof-of-Work algorithm.
Limited emission using periodic halving.
No addresses are stored in the blockchain - no information whatsoever about either the sender or the receiver of a transaction is stored in the blockchain.
Superior scalability through compact blockchain size - using the “cut-through” feature of Mimblewimble makes the Litecash blockchain orders of magnitude
smaller than any other blockchain implementation.
Roadmap
March 2019 : Project started
June 2019 : Mainnet launch
July 2019 : Desktop Wallet App (Windows, Mac, Linux)
Sept 2019 : Project updated to 2.0
Nov 2019 : Project updated to 2.5
Current status
Fully functional wallet with key generator and storage supporting secure and confidential online transactions.
Full node with both transaction and block validation and full UTXO state management.
Equihash miner with periodic mining difficulty adjustment.
Batch Bulletproofs, the efficient non-interactive zero knowledge range proofs now in batch mode
Graphical Wallet Application for Linux, Mac and Windows platforms
