Newsletter, 9th of June
The week is over, which means a fresh new update is on the way. We continue to progress on the tasks outlined previously, find new solutions and deal with arising problems.
Exchange
We are happy to announce that this week we are finally successfully connected to our liquidity provider and solve the API issue. The only thing that remains to be done is the management of the pending orders such as stop order, Stop Loss (SL), Take Profit (TP) on the backend. In the beginning, the order book will remain off-chain and centralized, and we are aware of the possible security risks and breaches (such issues will be addressed, to ensure total security). Of course, the main idea is to adopt a fully decentralized architecture and it will be done in the future, but we have to wait for now, to find the best solution that has no scaling issues on Etherium blockchain.
On a bright side, we have passed the conformance test with OneZero, so our servers are up and ready for such activity 😊
Wallet
This week we found out that apart from the screen size of the smartphone being different from a model to another one, Android phones have numerous display customization options, which can drastically change the UI for each individual depending on the users’ screen settings. This includes screen size, resolution, text size and element size. Therefore, any deviation from the standard “factory” options ruins the UI. For most of the week, we have worked on the solution that would work the best and will be elegant at the same time. Obviously, it will not look exactly the same on different phones, but we are pretty proud of what we have achieved after testing across various phone forms, factors, and different accessibility settings.
After such “enlightenment” we decided to check other wallets, the results were pretty shocking. Apparently, most of them did not put much attention to it, and a simple change of resolution destroys UI and design as a whole.
We also received feedback from our ergonomic advisor on how to improve navigation for details as small as how to perfectly display the “terms and conditions,” so it will be legal and enforceable in each country (what you have to write, to disable the “I agree” button if the user has not scrolled down the text until the end and has not checked the “I have read and understood” checkbox). As for the back end, we maintain the end of June as the starting point of the ETHworks team work.
Administrative
For the switch between St. Vincent and Bulgaria, as we said last time we are working on the contract with the LP. It takes time because we need to receive all the original documents in Bulgarian, then to officially translate them to English, then to certify that all the documents are translated correctly and that the originals are… original… it takes 1.5 weeks to complete so this should be finished next week.
Business
From a business standpoint, we were talking with several trading communities in France this week. As usual, we cannot disclose any names, but Pascal was in touch with a sizable community of semi-automatic software traders, and so far they showed quite an interest of using Jarvis as a broker as soon as we support MT4 and MT5. They have a fast growing French community and are now expanding worldwide to reach more users. So it is in our best interest to do what is possible to support MT4, so we can work with them in the future.
This is it for today. A new week awaits us for new “mountains” to conquer, which we will share with you later. Jarvis team wishes you a great summer! Stay tuned for more!
Vsevolod.
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