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