Lit Protocol Community Update: February '23

A Monthly Newsletter on all things Lit.

Lit Protocol is a decentralized key management network powered by threshold cryptography. A blockchain-agnostic middleware layer, Lit can be used to power encryption, distributed custody, and compute for web3 applications.

Intro.

Welcome to the Lit community update! This is the fourth edition of our monthly newsletter and our first update of the new year.

To learn more about the protocol and start building with our tools today, check out our developer docs. You can also find us on Twitter or join our developer ecosystem on Discord.

Without further ado, let’s jump right in!

General Updates.

WalletConnect: Connect Your PKP to the World of Web3

Developers can use Lit and WalletConnect to seamlessly connect Lit-powered cloud wallets to hundreds of decentralized applications, unlocking unique use cases for programmatic signing and condition-based automation.

Lit Gateway NFT Minter

We are excited to announce that the Lit Unlockable NFT Minter is now open source! You can use the minter to create unlockable NFTs across multiple chains that contain private content that only the owner of the NFT can access. The minter utilizes Lit’s HTML NFT product, which you can read more about here.

Around the Ecosystem.

Updates from the community!

Best Use of PKPs and Lit Actions: MagicWallet

Built at the recent Web3 Social Hackathon, MagicWallet allows users to connect their PKP wallet to a host of decentralized applications, starting with Orbis Protocol. The app allows you to send transactions, make posts, and connect to other dApps such as Uniswap, all from your PKP account.

Dunlin: An Open Source Notebook and Knowledge Graph

Dunlin is an open source knowledge graph that enables communities to share and make sense of complex information. All notes are encrypted using Lit Protocol, ensuring only your intended audience has access.

Lenster: Gated Posts Are Live!

Gated posts are now live on Lenster, allowing you to add restrictions to who can view your content. There are two settings: collectors (only those who collect your post can view it) and followers (everyone who follows you can view it).

Ecosystem RFPs

Interested in building with Lit but not sure where to get started? We have continued to add additional requests to our Request for Ecosystem Proposals page. Here you will find some ideas for projects and tooling that we are looking to sponsor through our grants program.

Build with Lit

If you’re interested in integrating Lit into your existing project, or want to build something completely new using Lit infrastructure, check out our grants program. We are looking to fund developers who have a passion for building innovative solutions to the current shortfalls of web3.

Community Calendar

To ensure you never miss a beat, subscribe to our community calendar. Here you can find the schedule for our Office Hours, which take place biweekly on Wednesdays at 4:30pm EST on Twitter. You will also find info for additional community events, conferences, announcements, and more.

Content Recap

Posts from the months of December and January.

Connecting Your Lit Cloud Wallet to the DWeb

Learn how to use WalletConnect to connect PKPs to your decentralized application.

Intro to Lit Actions and PKPs

An introductory development guide to working with Lit Actions and Programmable Key Pairs on a technical level.

A Year In Review: Lit Protocol in 2022

A look back at major milestones and developments from our first official year in Web3!

Lit Grants Roundup ‘22

Reflecting on the first year of our Grants program.

Request for Startups

Inviting you to build the future of the decentralized Web with Lit.

Building DeFi Apps with Sei and Lit

Learn how to develop new DeFi primitives at the intersection of Lit and Sei.

Open Source, Multi-Chain, Unlockable NFT Minter

Use the Lit Gateway Minter to launch your own private, multi-chain NFT collection.

How Authentication Works with PKPs

Learn how to configure different authentication methods with Programmable Key Pairs.

Lit Actions and PKPs: Ecosystem Highlights Jan ‘23

A roundup of the most innovative projects we have seen using PKPs and Lit Actions in the past month.

Coming soon 👀

Here are some of the things to look forward to in the months ahead:

1. The team will be heading to ETHDenver at the end of the month! Folks can find us at Spruce DID day and WalletCon, among the other events and festivities.
2. The Lit Ambassador Program, which will reward community members for making meaningful contributions to the Lit ecosystem.
3. The release of our open-source interface for managing the assets in your PKP cloud wallet. This will provide a home for viewing and sending your tokens and NFTs, “installing” dApps, and assigning arbitrary logic via Lit Actions.
4. Decentralizing the Lit Network! This will be a gradual process, beginning in Q2 or Q3. We will start by distributing nodes to a whitelisted set of “trusted” operators. Eventually, the goal is for Lit to become fully permissionless, where anyone can spin up a node to help secure the network.

Wrapping up…

This wraps up our February update! If you enjoyed it, you can click below to subscribe and receive future updates directly in your inbox.

Once again, you can find us on Discord with any questions, concerns, or feedback.

Until next time,

alt signing out.