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: