Upcoming Litecoin x MIT Project

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Lets discuss this upcoming project. If someone has inside info feel free to reply... I think it has something to do with politics and China's control over Bitcoin. However a friend of mine told me that he thinks it is going to be an Ethereum-like project but a whole OS. What do you think?

http://litecoin.mit.edu

Upcoming Litecoin x MIT Project | Ecency