Newsletter, 10th of November
Another week is finished, which means it is the time for yet another newsletter!
Exchange
The work on the private key management is still going. The task itself is quite sensitive and it is the first time we are dealing with such, so we are taking our time to do it correctly, one step at a time.
In the meantime, we had more meetings with the broker in Bulgaria. Next step would be to connect them with the liquidity provider that refused to work with us (due our licence problem). We also need to see with them how the whole system will work from the legal point of view.
Wallet
Developers have kept working on the wallet this week. They have successfully implemented the backup features (now, even if you lose all your device, you can still recover your funds with your backup keys); they have also added support for DAI, so now you can send and receive it.
We finally acquired “jarvis.eth” domain (ENS).
ENS stand for Ethereum Name Service, and has the same role as DNS (Domain Name System) but for Etherium. And it works fairly simple, so instead of searching for “011110101…” when you go to a website, DNS allows to create a “human-readable” name (like facebook.com), so it can ease everyones life.
It is very important for us to have “jarvis.eth”, especially since before recently you could not have a domain with less than 6 characters. Therefore we were “forced” to make “myjarvis.eth”, which was kinda stupid. So finally it’s not a problem anymore. At the moment we are looking if we can offer a pre-registration to allow people to reserve their ENS, so next week we will talk with the developers if we can offer such a service at this moment.
We finished Terms and Conditions, Privacy Policy and Risk Warning for the wallet. The exchange ones, however, are not finished yet, as it is more complicated and requires a lot of cross-communication with lawyers.
Business
Next week will be a “special” week, as we prepare for the first DeFi meet-up in Bulgaria. We are so excited! We started to actively search the perfect devs that will join our team. If you know someone or even if not, please do not hesitate to “spread the word”. We encourage all the supporters to share our job ad (link)!
This is all for today, it’s not much but it is honest work.
Vsevolod.
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