Lit

The Lit Python SDK has officially launched, providing developers with a powerful tool to integrate Lit Protocol into their Python applications. This new SDK simplifies access to Lit's decentralized encryption, signing, and compute functionalities, paving the way for the development of more versatile and secure Web3 applications. Alongside the SDK, a Python adaptation of the Lit Agent Wallet has also been released, further enhancing the toolkit available to developers. With the Lit Python SDK and the Agent Wallet Python SDK, developers can now perform a variety of tasks including secure encryption and decryption of content, programmable key pair (PKP) generation, and message signing. The SDK allows for the execution of Lit Actions, which can automate interactions and fetch off-chain data, among other use cases. The installation process is straightforward, requiring only a simple pip command to get started, making it accessible for developers looking to enhance their applications with Lit's capabilities. Looking ahead, the Lit team is committed to expanding the functionality of the Python SDK and optimizing its performance. They encourage developers to engage with the community for feedback and ideas, as well as to stay updated on new developments. With resources such as developer documentation, guides, and code examples available, the Lit Python SDK is set to empower developers in building innovative Web3 solutions with enhanced security and functionality.

Lit Protocol has officially launched its Mainnet Beta, marking a significant milestone in the realm of decentralized cryptography. This innovative platform empowers developers to create secure, autonomous, and interoperable Web3 applications. With over 1,000,000 keys generated, Lit Protocol is on track to secure $100,000,000 in crypto assets across major blockchain networks such as Ethereum, Solana, and Bitcoin. The upcoming full v1 Mainnet launch is anticipated in the first quarter of next year, further solidifying Lit's position in the blockchain ecosystem. In conjunction with the Mainnet Beta, Lit Protocol has introduced the Ciphernaut's Path, a series of engaging quests designed to immerse users in the Lit ecosystem. These quests offer a unique opportunity to explore various applications and protocols powered by Lit, showcasing the diverse use cases within its ecosystem. Participants can earn points by completing quests, which will later translate into exclusive benefits and rewards. The campaign is set to evolve over several weeks, with new quests and opportunities being added regularly, catering to Web3 enthusiasts and curious builders alike. The success of this campaign is bolstered by the contributions of integration partners who have developed innovative solutions using Lit Protocol. Notable partners include Genius, a DeFi super-app simplifying token purchases across chains, Vault Layer, which maximizes yield on BTC through non-custodial liquid staking, and Request Network, providing essential financial infrastructure for Web3 projects. As the quests unfold, users are encouraged to engage with the Lit Galxe dashboard to start their journey, climb the leaderboard, and unlock exciting rewards. The Lit Protocol team is eager to witness the creativity and innovation that participants will bring to this vibrant ecosystem.

The Lit Protocol has launched its new Event Listener server and SDK package, which is designed to enhance event-driven transaction execution. This innovative tool enables developers to utilize both on-chain and off-chain data to manage decentralized keys effectively. The Event Listener, implemented as a TypeScript library, allows for the creation of complex workflows, including the ability to listen to custom blockchain events, automate transaction triggers, and simplify the creation of Programmable Key Pairs (PKPs) and Capacity Credits. This functionality opens up a myriad of possibilities for developers looking to create responsive and automated systems within the blockchain ecosystem. At the core of the Event Listener is a flexible state machine that empowers developers to define states and transitions based on monitored events. Key features include various listeners such as the EVMBlockListener for new blocks on EVM-compatible networks, the EVMContractEventListener for monitoring smart contract events, and the TimerListener for triggering events based on time intervals. The system is designed to be extensible, allowing developers to create custom listeners and tailor workflows to their specific needs. This flexibility is crucial for automating complex processes that can span multiple blockchain networks. One of the standout capabilities of the Lit Event Listener is its support for chain signatures, which facilitate cross-chain interoperability. By using the Event Listener, developers can monitor events on one blockchain and trigger transactions on another, effectively bridging isolated ecosystems. For instance, a transaction request on one chain can be monitored and, upon receipt, used to construct and broadcast a transaction on a different chain using a Lit PKP for signature generation. This functionality not only enhances the automation of workflows but also significantly broadens the scope of what can be achieved in the decentralized landscape, making it a powerful tool for Web3 development.

In the rapidly evolving landscape of blockchain technology, Lit Protocol is making significant strides in enhancing cryptographic capabilities to bridge the gap between fragmented networks and platforms. As a decentralized key management and private compute network, Lit Protocol provides developers with essential tools to securely manage secrets and build autonomous applications. With foundational support for cryptographic primitives such as BLS and ECDSA signatures, developers have leveraged Lit to create innovative applications that facilitate seamless interactions between web2 and web3 environments. This year has seen remarkable growth in areas like AI agents, chain abstraction, user wallets, and verifiable web data, showcasing the potential of Lit’s infrastructure. Looking ahead to 2025, Lit Protocol plans to expand its cryptographic offerings by introducing additional signature schemes and curves to enhance interoperability across various ecosystems. Key improvements include performance enhancements for ECDSA signing, support for NIST curves like P-256 and P-384, and the integration of Schnorr/EdDSA signatures through the FROST protocol. These advancements will enable developers to build more secure and efficient applications while ensuring compatibility with a diverse range of blockchain ecosystems. Furthermore, the introduction of Fully Homomorphic Encryption (FHE) keys will allow computations on encrypted data, preserving privacy while enabling advanced analytics and secure data sharing. The achievements of Lit Protocol in 2024 reflect the dedication of its developer community, with over 24 million cryptographic requests fulfilled and more than 1 million keys created. Notable partnerships with organizations like Fox, Genius, and Emblem Vault highlight the versatility of Lit Protocol in various applications, from decentralized finance to programmable data management. As Lit continues to innovate and expand its capabilities, it remains committed to providing developers with the best tools to create secure, decentralized, and autonomous applications, ultimately unifying the fragmented digital landscape we navigate today.

The Lit Datil Mainnet Beta has made significant strides since its launch, showcasing the potential of decentralized key management in enhancing Internet security and functionality. Over the past two months, ecosystem partners have actively utilized the platform to develop innovative applications. The integration of Multi-Party Computation Threshold Signature Schemes (MPC + TSS) and Trusted Execution Environments (TEEs) has enabled developers to manage keys effectively while performing secure computations. The recent upgrade to the Datil network has introduced Programmable Signing, allowing for seamless transaction signing across various blockchain networks, including Ethereum and Bitcoin. The growth metrics of the Lit network reflect its increasing adoption and utility. With over 90,000 signature requests generated using Lit PKPs and more than 50,000 using Wrapped Keys, the platform has secured over $200,000 in total value. The total number of keys created has surpassed one million, indicating a robust user engagement. Additionally, the network has processed nearly 25 million requests since its inception, demonstrating its capability to support a diverse range of applications, from decentralized finance (DeFi) to autonomous AI agents and private data marketplaces. Looking ahead, the Lit team is focused on enhancing the platform's capabilities with new features such as longer-running Lit Action jobs, additional signature schemes, and improved performance through horizontal scaling. The anticipated launch of the v1 Mainnet in early 2025 will further solidify Lit's position in the blockchain ecosystem, introducing a live network token and additional functionalities. As the journey continues, users can expect exciting engagement opportunities through upcoming questing campaigns, fostering a vibrant community around Lit's innovative solutions.

The Lit Protocol has announced the release of the latest version of its SDK, v7, which introduces a range of improvements and breaking changes designed to enhance performance and developer experience. Key updates include the removal of certain encryption functions and the introduction of new ones like `encryptUint8Array` and `decryptToUint8Array`, aimed at better handling of Uint8Array data types. Additionally, several functions have been relocated to streamline the SDK's structure, and developers are encouraged to follow migration steps to adapt their existing code accordingly. Another significant change is the transition from enums to constants within the SDK, which enhances type safety and reduces potential errors. The update also includes the removal of the `LitAuthClient` class, prompting users to initialize providers directly. This change reflects a broader effort to simplify the SDK's architecture while improving encapsulation and usability. Developers must update their implementations to align with these new structures and methods, ensuring a smooth transition to the latest version. Lastly, the SDK has undergone enhancements in error handling, with the removal of the `throwError` function in favor of custom error classes based on VError. This allows for more detailed error information and improved debugging capabilities. The update also consolidates WASM packages and upgrades cryptographic implementations, emphasizing the importance of thorough testing after migration. With these updates, the Lit Protocol SDK aims to provide a more robust and user-friendly development environment for blockchain applications.