August 1, 2017 in the walls of the Massachusetts Institute of Technology (MIT) will launch a crypto-Litecoin-oriented project, the details of which are still covered with a veil of secrecy. This writes Livebitcoinnews.
At the moment, Taj Dryidge, one of the authors of the whitepaper of the Lightning Network micropayment protocol, is only available.
As the newspaper notes, the date of launching the project may not be accidental: on that day, August 1, the so-called user-activated soft-key (UASF) may take place in the bitcoin network, as a result of which the Segregated Witness protocol should be activated.
And the day before, on July 31, activation of another network scaling solution called SegWit2x, which has already received significant support of the miners, is not ruled out.
It is possible that the authors of the project have prepared a surprise for the crypto-community, which, against the background of possible chaos in the bitcoin network these days, will help Litecoin to take stronger positions.
I'm sure Litecoin will see a boost. Though, that boost could be overshadowed by any new ICO projects which are currently going on. I bet you'll see some ICOs start being timed out to rain on other coins parade.so as you said and mentioned 1 Aug 2017 in the walls of the Massachusetts institute of technology(MIT) will launch a litecoin as a project. The need a hard work to make this possible.