Luxcore Weekly Report: October 5, 2018

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.

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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