About

Our about

LTClabs

The Litecoin Foundation is a non-profit organization whose mission is to advance Litecoin for the good of society, by developing and promoting state-of-the-art blockchain technologies.

Registered in Singapore, the Litecoin Foundation Ltd. (UEN: 201709179W) is comprised of full-time and volunteer support from around the globe.

AntPool is the world’s leading digital currency mining platform, and apminertool is officially an intelligent monitoring software for mining farms, so it is also called antpool mining software, which supports intelligent monitoring of mining farms, regular scanning of mining machines, and real-time monitoring of mining machines. Status and other functions, win the support of many users through easy-to-use functions, safe and stable performance, and efficient and considerate services.

Decentralized Autonomous Organization

Governance

Litecoin and AntPool jointly established LTCLabs. Core system includes vault and voting system. AntPool will continue to donate to LTCLabs to support the development of the Litecoin ecosystem. Welcome to join us!

The voting result (snapshot) under the chain needs to provide an accurate input for the fund management contract (gnosis safe) on the chain through the Oracle (reality. eth), and resolve disputes through the deposit and arbitration mechanism.

Gnosis Safe

Gnosis Safe is a smart contract wallet running on Ethereum that requires a minimum number of people to approve a transaction before it can occur (M-of-N). If for example you have 3 main stakeholders in your business, you are able to set up the wallet to require approval from all 3 people before the transaction is sent. This assures that no single person could compromise the funds.

Snapshot

Snapshot is a decentralized voting system. It provides flexibility on how voting power is calculated for a vote. Snapshot supports various voting types to cater to the needs of organizations. Creating proposals and voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain.

In short, Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.