Development

Protocol Smart Contracts

As part of the v1.1 feature set, a new smart contract called NameRegistry has been developed to enable wallets and ring-miners to register their addresses with unique names. This enables UI to display the identities of wallets and ring-miners with user-friendly names; it also reduces the size of the order structure. V1.1 is about halfway to completion.

Daniel Wang, our founder, has researched and developed an enhanced solution for front-running and trade-stealing prevention. We are preparing for a patent application and once the application is submitted, we will deploy this great feature as part of our 1.2 release. Daniel will write a blog post explaining how front-running prevention will be achieved with his solution. We believe this patent-pending solution will bring us a very good competitive advantage.

Li Yang, an x-Alipay senior engineer, and our fulltime smart-contract architect for Loopring on NEO, has been working very closely with the NEO developers to develop the LRN NEP-5 smart contract. We’ll have something soon.

Wallet

The UI/UX design for Loopr2 has been completed. Our engineers are busy working on the new implementation, using the ReactJS framework. The Loopring.js library will also be refactored to provide additional functionalities required by the new design. We are excited by the progress we’ve made with the wallet.