Lit Protocol Community Update October

A Monthly Newsletter on all things Lit.

Lit Protocol powers decentralized access control, encryption, and compute for web3 applications. At Lit, we are working to simplify the user experience across the dWeb. Our goal is to build cryptographic solutions that uphold the promises of a user-owned web and empower individuals with true data sovereignty, while delivering the frictionless experience we are used to within our legacy systems.

Intro.

Welcome to the first official Lit community update! This will mark the first edition of a monthly newsletter aimed at keeping the community updated on all of the latest developments within our growing ecosystem. To learn more about the protocol and start building with our tools today, check out our docs. You can also find us on Twitter or join our growing community on Discord.

Without further ado, let’s dive in!

General Updates.

It’s been a busy couple of weeks, and we have got a ton of new exciting updates to share.

Fundraising Announcement.

If you haven’t already, check out our official raise announcement for a brief look into the next phase of Lit: Programmable Key Pairs (PKPs). PKPs will facilitate more frictionless interactions with blockchain networks by introducing signing automation based on pre-defined conditions. You can work with PKPs using Lit Actions, which you can read more about here. Together, these tools enable the development of complex applications like cross-chain bridges for tokens and data, DeFi automation with on-chain limit orders, wallet abstraction with social recovery, and more. Start building with us today!

Brand Update.

Our socials and website have undergone a complete overhaul as we unveil an updated look to the Lit Protocol brand. We would like to direct your attention to the new Community page, where we have highlighted some of the amazing projects building with Lit. Have an idea or currently building? Make sure to reach out.

Around the Ecosystem.

Some updates from around the community.

Sling Protocol

An SDK that allows developers to automate interactions with decentralized exchanges using PKPs and Lit Actions, funded by our grants program. Right now the SDK works with 1inch and Uniswap, with more platforms to be supported in the future. This is a great example of the potential infrastructure that Lit can be utilized to support.

Bogotá - Devcon ‘22

The team will be in Bogotá next week for Devcon. We will be giving a talk on the 11th about decentralized cryptography and the inner workings of Lit Protocol. If you’ll be there, ping us on Twitter and come say hi!

Build with Lit

If you’re interested in integrating Lit into your existing project, or want to build something completely new atop our 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!

We would also like to take a moment to address some concerns from the community regarding the clarity of our developer docs. We understand that there has been some confusion regarding our different product offerings and are taking some time to make some much needed updates. With these changes, we hope to facilitate a smoother onboarding process for new devs! Look out for the official announcement in the days ahead.

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 on Wednesday at 4:30pm EST in our Discord), community events, and more.

Coming soon 👀

Here are some of the things to look out for in the months ahead.

• Lit merch!!!
• Release of cloud wallet UI for managing PKPs
• A framework for issuing verifiable credentials
• Working towards full decentralization of the Lit nodes

Wrapping up…

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

The team is working hard to reach some major milestones by year end, prioritizing security as we work towards decentralizing the network. If you are an experienced developer looking to build out the Lit ecosystem, get in touch! We will be releasing RFPs soon and are eager to work with some of the brightest minds in web3.

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

Until next time,

- alt signing out.