Don-Key To Take eToro’s Approach To Yield Farming After Closing $2.2 Million Round
Tortola, BVI, 13th April, 2021, Chainwire With the tailwinds of a fresh $2.2 million fundraising at its back, Don-Key aims to become the eToro of
LitecoinZ was born as community project in January 2018 as code fork from Zcash, but unlike Zcash (and other forks), LitecoinZ has some differences:
When Antminer was released, to remain ASIC resistant, LitecoinZ changed its PoW algorithm from Equihash n=200/k=9 to n=144/k=5 ensuring its network decentralization. ()
But the biggest jump occurred in October 2020, when starting from a copy of the original 0.19 Bitcoin source code, LitecoinZ was completely rewritten from scratch by porting the original code inherited from Zcash (and changes from LitecoinZ) on it. In this way, now, LitecoinZ is in pair with original Bitcoin Source Code and has all features of it (up to Bitcoin version 0.19) and has privacy and anonymity from Zcash. (https://github.com/litecoinz-core/litecoinz)
On this version coinbase management has been relaxed, removing the enforcement to shield them to z-addresses before using them leaving users the choice to perform this operation or to spend directly them. (https://github.com/litecoinz-core/litecoinz/commit/f7cf601e2eca2cfa245c072cb96a7b43cef7136b)
LitecoinZ has also removed the “deprecation height” inherited from Zcash and present on each fork from it. In this way mining pools and exchanges has no need to upgrade LitecoinZ wallet due to expiration height reached but only if significant changes have been made to the code and therefore need an update. (https://github.com/litecoinz-core/litecoinz/commit/245e6583af59f551b7a73daa7ddf6335ecdff547)
LitecoinZ has also removed the “expiration by height” inherited from Zcash and present on each fork from it. In this way transactions expiration is managed by original Bitcoin source code that expire never confirmed transactions after 72 hours. (https://github.com/litecoinz-core/litecoinz/commit/33be9d27bc6bff7d5ab1ff81bf71c590540d0632 and https://github.com/litecoinz-core/litecoinz/commit/a607d32f113969eac226f33c3266d52970e7364e)
LitecoinZ has successfully passed its first 2 soft fork activating CSV at height 585,000 and Segwit at height 590,000.
At height 600,000 LitecoinZ has also passed its 3rd soft fork switching difficulty adjustment algorithm from Digishield to Lwma and block time from ~150 seconds to ~600. (See https://github.com/zawy12/difficulty-algorithms/issues/3 and https://github.com/zawy12/difficulty-algorithms/issues/1 for details about Lwma)
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