I was doing some research this morning to see what the speculation was on the MIT project. Even Charlie from Litecoin responded saying that he does not know what it might be, but that it's release on Aug 1st is dubious date and guessed it had to do with the Lightning Network project.
I've also seen a few forums where people were claiming that student can get their own MIT URL and that this is just a few students playing a game of pump and dump. Basically acculate Litecoin and then sell into the August 1st hype.
Does anyone have any actual information as to is the August 1st date is relevant for Litecoin (yes I know Bitcoin already) and what it might be? I'm looking at buying more Litecoin so it would be helpful.
I did find a document on what a Lightening Network is if anyone wanted to have a read. It's a white paper on Bitcoin and how the LN could enable micropayments for the entire globe. It's worth a read if your a techy nerd like me.