LUNES WALLET — USABILITY AND TECHNOLOGY

5 min readDec 8, 2017

The Lunes Wallet is being developed to be hybrid and flexible. The wallet is smart and, most importantly, safe.

Secure and agile, your Lunes wallet will give you full control of your coins. You will be the holder of your private keys, as they are stored on your smartphone, in an encrypted form.

All access to the wallet information, or even a simple transaction will only be allowed with the input of a PIN or fingerprint to decrypt your private keys and transaction data.

The mobile wallet will be a “light client”, as you will not need to store all of the blockchain transactions.

The light client only communicates with the network to send and receive transactions and data, delegating transaction validation to the blockchain network.

The backup system will be intuitive and simple. The wallet will generate a set of 12 words, commonly called “seed words” that will identify your wallet. Seed words are the key to recovery the Lunes Wallet and must be stored securely, preferably stored offline on a physical device. In case of loss or exchange of the smartphone with the Lunes wallet, it can be restored to another device using the seed words, so the private keys are restored and the crypto coins are available to be transacted.

The sending and receiving of crypto coins will be practical. Whether by entering the address or scanning a QR Code, the Lunes wallet quickly sends the transactions to the network and allows the constant monitoring of its confirmations in the blockchain. Transaction rates are calculated dynamically according to network congestion, preventing the transaction from being left unconfirmed, or excessive fees being paid.

The wallet will be available from January 25, 2018. Initially the following coins may be stored: Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).

Users will be able to lease within the wallet, to top-up their mobile phone (only in Brazilian territory), to pay bills in bank invoices, make TED and even put credits in digital games. A modular Internet banking.

Not all features will be available, nor will be possible to buy Lunes tokens on this date.

The Lunes ICO will be held directly by the mobile wallet. With your Bitcoin or Ethereum balance stored in your Lunes wallet, you can easily buy your Lunes tokens and receive them by the end of the ICO phase.

The wallet will provide several resources for you, however you can use the functions in a modular way, customizing according to your profile so the resources can be used in the best possible way.

FUNCTIONS THAT WILL BE AVAILABLE AT LUNES WALLET:

LUNES MARKET

Within the Lunes Wallet there will be an exchange market, in which you can make exchanges of your crypto-coins through the app. Although there is an exchange in the wallet, the funds will be totally independent to ensure a better user security.

In addition to storage, you can transfer balances from your wallet, which are stored locally, to the exchange market. This way you can make exchanges in the exchanges safely without having to expose your wallet coins, all without leaving the application, in a safe and agile way. By the end of the project roadmap the exchange market available in the portfolio will be 100% decentralized further enhancing application security.

It will be possible to schedule purchase and sales orders, so that you do not miss any trading opportunities. This function will only be available at the end of the ICO.

ALERT SYSTEM

The value alert module has been specially designed for those who like to follow the values of currencies or make trades, with this tool you can follow the market dynamically, without needing to install several applications.

Multiple alarms with triggers for values or percentages and notifications in the Android / iOS status bar

MULTI-COIN MANAGEMENT SYSTEM

Using Lunes wallet, you will be able to manage several crypto coins, giving for your total control in the choices of what currencies you have interest to store.

You will have full control over your assets that will be securely stored on your own smartphone.

The tokens created within the Lunes blockchain will have automatic in-app support, and support for more crypto-coins will be added in the future.

CARD EXPENSE MANAGEMENT

You can request the Lunes prepaid card, activate it and manage all activities performed with it. Expenses, balance and recharges, all in the palm of your hand, including monitoring of Lunes’ loyalty program. In case of loss of the card it will be possible to cancel it.

The recharge of your Lunes prepaid card can be paid in the application using your crypto-coins balance.

INVOICES PAYMENT AND MOBILE PHONE TOP-UP

You will be able to make payments of bank tickets and cellular recharges with your crypto coins. All quickly and safely by scanning the bar code or typing in your number. Your payment history will be available in the app.

The amount of Crypto-Coins required for the payment of the ticket is increased by a small fee and sent to Lunes, who is responsible for settling the payment in reais.

Note: The INVOICES PAYMENT AND MOBILE PHONE TOP-UP services will only be available in Brazil.