MARKETING AND BUSINESS UPDATES
PoS Web Wallet — Coin Control Walkthrough:
We released our second video in the Luxcore Proof of Stake Web Wallet Series; the first to focus on one of the web wallet’s more advanced features: Coin Control. As the name implies, Coin Control gives you an additional level of control when sending your Luxcoins. To learn more, watch the video below.
DEVELOPMENT UPDATES
LuxGate development:
+ The core processing is being integrated into luxd/lux-qt.
+ Basically, LuxGate will swap real assets and not databases.
* When a swap order is created, other nodes will create swap order.
* If the swap order is matched, direct network connection will be initialized.
* The addresses are exchanged in the relative blockchains.
* When one side creates swap transaction, the other side will create swap transaction for their coin.
* Then, the coin will be redeemed in relative blockchain.
* If timeout is reached, luxgate will do the refund processing.
* All processings here are performed in native lux and other coins script (eg: BTC, etc.), not a smart contract.
+ LuxGate will be integrated into Luxtre wallet and Lux QT wallet.
+ Other wallets will be integrated later.
+ It is so far so good and we will be able to launch it soon.
Web wallet development:
— New features
+ Allow users to select inputs instead of whole addresses.
+ Email users to inform account deletion if their account have 0 balance after 30 days.
+ Small bug fixing on send tab (user confirmation window).
— Services
+ Other coins testing is being performed now.
+ It is so far so good and we are ready for our services.
QT wallet and Core development:
— Hierarchical Deterministic Wallet (HD wallet) development
+ In old Lux wallet, a pair of private/public addresses is randomly generated.
+ This requires you to take a backup each time you make a new pair of addresses.
=> Backup so many private/public addresses as the number of your transactions increase
+ With LUX HD wallet, backup will performed only once.
+ HD wallets will generate a hierarchical tree-like structure of keys which start from the seed master key based on BIP32.
+ When HD wallet is restored by using the seed key, the wallet goes ahead and drives all the private keys of the tree using BIP32.
=> The seed key backup is mandatory and should be kept safe
+ NEW UPDATE FOR THIS WEEK: All features are finished and we are doing the internal test.
— Security improvement
+ No new updates as this feature is still in on-going development. Will update in next weekly update.
+ The coin will provide 2 new functions: Transparent and Privacy.
+ Transparency uses the normal protocol, while Privacy uses the i2p protocol.
+ If people use the Transparency protocol, everything will show (tx in/out, ipaddress, etc.)
+ If people use the Privacy protocol, everything will be hidden but conditions will be applied.
+ The backend is finished and we are doing some GUIs on QT
— Luxcore DApp JavaScript Library (Luxd.js)
+ A LUX full node for building applications and services with Node.js.
+ This is Luxcore JavaScript library for Smart Contract development.
+ It is still in development; Will update in next weekly update.
Explorer development:
+ Secure masternode server IP by showing 3 X as the digits
+ Creating new design for:
* Main Page
* Blocks Page
* Addresses Page
* Addresses Search Page
* Blocks Page
* Blocks by Date Page
* Stats Page
* Status Page
* Token Search Page
* Rich List Page
