Luxcore appoints Remco G. as testing Lead; Launches documentation hub
Remco G. — also known as Geraroz on Discord — will officially take up the role he has been unofficially performing for Lux for several months as Lead of the testing team. This move, alongside the earlier appointment of Tetyana Spronyuk as Product Quality Officer, will further help to improve our product testing and quality control processes.
Remco is also responsible for compiling and managing Luxcore’s new documentation hub at https://docs.luxcore.io/. This Knowledge Base will be a central repository for information and guides designed to help answer the most common and pertinent questions Lux users have about masternodes, mining and staking.
+ UpdateTheme setting page + Update Topbar styles + Add Theme Menu Icon on Topbar + Add Theme Menu & Event + Add dropdown button on OrderEntry component + Add YourFill component + Add Chart Function, Header on OrderBook, Header on Time&Sales + Update Chart + Update OrderBook
Decentralized File Storage System on PMN network:
+ Working on storage controller + Working on adding DFS announce message + Working on fixing ConstructMerklePath + Working on MerklePath optimization
QT wallet and Core development:
+ Currently, when user performs a transaction, the fee will be paid by the sender + So, Luxcore is working towards implementing a feature allowing the fee to be paid by the receiver + In addition, other bug fixes and improvements include:
+ Improve lock mechanism to reduce cpu usage + Allow to remove a Tx from mempool for RPC command + Remove unusual num threads in httpserver + Fix wallet hang during request shutdown + Show Smart Contract hashes in Qt block explorer + Improve Qt block explorer UI + Fix “Insufficient funds” issue + Improve highlighting, search function, errors/warnings in solidity code editor + Fix bugs in Qt overview page
+ Routine maintenance of all servers + Adding a new layer of security
In a move to further improve testing and quality control, Luxcore has announced that Remco G. will be leading the testing team and managing the documentation hub.
Known as Geraroz to the community, Remco is one of Luxcore’s premier community members and has been actively testing new developments with the core developers for the better part of the past year. His crucial feedback to the team has helped to accelerate development goals.
Remco has also contributed by building the documentation hub for the team. He has been vital in developing step-by-step guides to assist masternode owners, miners and stakers alike, as well as instructing people on where and how to find solutions to issues they may be experiencing.
This collection of material will be maintained on our Knowledge Base at https://docs.luxcore.io/. It will act as a central hub for expanding knowledge of the Luxcore ecosystem, and to answer all the most common and pertinent questions the community may have.
Luxcore team members John McAfee, Cosmin Tudor and John Kim will be featured in a spot for InnovateTV, which will have its first airing in the United States on Wednesday, December 12th at 6:30am ET on the History Channel. Innovate TV airs to a national audience of 2.6 million people in all major markets from coast to coast. Read all about it below:
Luxcore is excited to join Blockfolio Signal! Never miss another update — stay on top of important LUX announcements and developments as they happen. Blockfolio Signal allows us to provide up-to-the-minute notifications to the over 17,000 Blockfolio users with LUX in their portfolios. This will prove to be an invaluable communications tool going forward with several innovations on the horizon such as LuxGate and the decentralized file storage system.
This holiday season, Luxcore is thankful for our amazing community! As a way of saying thanks, Luxcore is hosting a giveaway on Twitter this weekend. Enter below for your chance to win some swanky swag. Winners will be announced on Monday the 26th.
#Luxcore wishes you and your loved an Happy Thanksgiving! As a thank you to our community, $LUX wants to give 3 lucky winners a chance to Gobble Gobble up some swag!
1. Follow @lux_coin 2. Re-Tweet 3. Tell us what you are most thankful for this year.
Luxcore team members John McAfee, Cosmin Tudor and John Kim will be featured in a spot for InnovateTV, which will have its first airing in the United States on Wednesday, December 12th at 6:30am ET on the History Channel. Innovate TV airs to a national audience of 2.6 million people in all major markets from coast to coast.
Among a few of the topics to be discussed, focus will be on Luxcore’s environmentally-responsible PHI2 consensus algorithm, as well as insights into LuxGate and cross-chain interoperability.
As cryptocurrencies and blockchain technology become increasingly a part of the mainstream consciousness, there has been growing concern over the energy consumption required to mine Bitcoin and other Proof of Work (PoW) blockchains. With energy conservation at its core, Luxcore’s PHI2 consensus algorithm has vastly reduced the amount of electricity consumption and heat generation traditionally associated with blockchain mining.
In addition, one of the greatest challenges associated with the blockchain industry is the lack of communication between different platforms, given the wide diversity of blockchains in development. As blockchain development moves forward and plays an increasingly important role in various industries, it will become critical that different chains are able to communicate with each other. LuxGate will solve this issue by enabling cross-chain interoperability between verified networks. For example, LuxGate technology can be leveraged to allow a hospital’s patient records blockchain to interact with an insurance provider’s customer data and billing blockchain seamlessly, affordably, without the risk of clerical error, and in real-time.
So grab a cup of a coffee and join the team on December 12th for a look at how Luxcore is taking up leadership in the many innovations yet to come in blockchain technology.
Luxcore Chief Strategy Officer John Kim (johnnystar) was joined by our new Director of Marketing and Content, Robert Pando (robertp), for the third Luxcore AMA, posted to our YouTube channel on November 12.
This month’s AMA covered topics such as the upcoming LuxGate decentralized exchange, Luxcore CEO John McAfee, the Proof of Stake web-wallet-as-a-service, and much more!
Delta is the ultimate Bitcoin & cryptocurrency portfolio tracker app, available for Android, iOS and Windows devices. It also includes a useful feature called Delta Direct, which allows coin developers to communicate breaking news immediately and directly with users. Luxcore has now joined Delta Direct, so get the app today and never miss another important update!
Web wallet update
The Lux web wallet will now automatically combine smaller coin chunks together so users are free to deposit any amount, large or small. The impact of this for users is twofold. First, even small deposits such as mining pool payouts will become automatically optimized to receive staking rewards. Second, it will alleviate strain on the server architecture resulting in improved web wallet performance and reliability.
+ Fix issue in showing TradingView Chart + Update data provider for TradingView Chart + Update theme styles
Decentralized file storage development:
+ Currently, we are starting to implement DFS (Decentralized File Storage) + The draft idea and the specification is completed + Basically, PMN will maintain a Proof of File Storage (PoFS) consensus + It also remains a completely separate and distinct network from the current masternode network in use + Users will be able to add files to the decentralized system by paying a fee based on the size of the files and duration of time stored + The hosting PMN nodes earn a share of that fee based on the proportion of the files stored on their own node + Nodes with greater storage capacity and network uptime will thus have the most rewards potential + The draft technical proposal has been uploaded here
QT wallet and Core development:
+ Improve GUI in LSR Token page + Improve GUI in Overview page + Continue to develop new trading charts + Finish implementing BIP174 into Luxcore Blockchain + Improve PoS security + Assign temporary PoS block fork
New explorer development:
+ Backup explorer, based in the US, is now online here + Improved internal processing for faster loading speeds + Fixed some minor bugs
Web wallet development:
+ Auto combine small mining rewards to bigger chunks + Implemented new server-specific maintenance mode (instead of the whole web wallet)
Last week, Luxcore released a technical proposal detailing its next conceptual evolution in the blockchain industry: Decentralized File Storage (DFS) enabled by a Parallel Masternode Network (PMN).
Luxcore has long hinted at plans for enabling an additional masternode layer on the network, but until recently functionality and purposes of the PMN were not released. One of the focuses of the PMN will be on maintaining a Proof of File Storage (PoFS) consensus and will remain a completely separate and distinct network from the current masternode network in use.
Users will be able to add files to the decentralized system by paying a fee based on the size of the files and duration of time stored. Those hosting PMN nodes earn a share of that fee based on the proportion of the files stored on their own node. Nodes with greater storage capacity and network uptime will thus have the most rewards potential.
Using a third consensus layer (PMN) enables a system wherein network addresses of the nodes creating file storage requests can be broadcast across the PMN without being added directly to the blockchain itself. The blockchain will, however, keep a record of all DFS transactions without identifying information about the peers or files involved. The file system will be an advancement of the open-source, peer-to-peer hypermedia protocol IPFS. Combined, these features work to create a significantly greater degree of privacy, security and decentralization in the Luxcore DFS system.
The full specifications and parameters for Luxcore’s DFS & PMN system will be finalized in Q1 2019. Implementation and testing of DFS will begin in Q2, with full functionality on the Luxcore mainnet scheduled for Q3 2019. Readers are welcome to review the technical proposal for themselves at the link below. Please note that it is not written for a layperson audience, and that it is currently a work in progress. The team plans for multiple updates prior to final version publication.
The following is a transcript of the questions and answers featured in the third Luxcore AMA, posted to our YouTube channel on November 12, 2018. You may watch the AMA in its entirety below. And don’t forget to subscribe!
johnnystar: Hey guys, John here from Luxcore. I’m here to do another AMA. I am your chief strategy officer for Luxcore. You know, first off I’d like to thank you guys — the community — for tuning in first of all, and also asking us questions. Without your questions we obviously wouldn’t be able to answer them and give you guys any heads-up or any information that you guys would want to know.
Today with me I have another colleague that’s going to be moderating this AMA. His name is robertp and Rob why don’t just go ahead and introduce yourself?
robertp: Sure thing. Hello everybody! My name is Robert Pando. I’m the Director of Marketing and Content, and I originally came and coming over from the Vertical project. My duties now for Luxcore, I help with the daily efforts of the entire marketing team; I deal with any detail-oriented problems together with the team; I also help in researching the impact of the in-progress and past marketing campaigns and use that data to improve future campaigns, as well as determine quarterly and yearly marketing goals and help complete them.
J: Awesome. It’s great having you on the tea, Robert. So why don’t we get started with this AMA?
R: Sounds good! All right, so our first question we have here is, “We all know that crypto investors are waiting for decentralize exchanges. This will probably bring about the death of centralized exchanges. So why should a T1 centralized exchange lists Lux if this coin potentially could bring future damage for the economy of centralized exchanges?”
J: So let’s talk about decentralized exchanges and centralized exchanges for a second here. Obviously we’re in a very early stage of blockchain, and unfortunately decentralized exchanges aren’t as big as we’d want it to be. I think in the future, obviously, we want it to be the biggest thing since, you know, that’s why Satoshi wrote his whitepaper and whatnot — for things to be decentralized. But you know, at the end of the day we’re at a stage where centralized exchanges are way bigger than decentralized exchanges, and obviously getting listed on the T1 would be a pretty big deal for us and we’re still trying to accomplish that.
But why would a T1 exchange list us? Obviously we are making LuxGate, which is decentralized exchange. But that’s not the only product of service that we own or are going to create. Obviously, we’re a coin that’s a product that’s trying to help enterprises get into blockchain and we’re also, you know, have POS web wallet and we have other things coming that doesn’t necessarily only go towards decentralized exchange. So there’s a lot of reasons why T1 exchanges would list us. We’re not solely a decentral exchange coin.
R: Yeah, you’re right, and one thing that I want to point out as well is that you know some of these big centralized exchanges are coming out with their own decentralized exchanges so if they add us naturally onto any of these T1 decentralized exchanges, once they launch their own decentralized exchanges we would naturally navigate to that. So I don’t see any reason why they wouldn’t want to add us.
J: Yeah, definitely agree.
R: Okay, so our next question asks, “Any news about the Proof of Work every 1 minute?”
J: Some of you guys might be disappointed by this answer, but we did have talks with our dev team and the main thing that they were stressing is chain stability, and I think you know we can all agree — not just us, but miners and also the consumers — that chain stability is probably the most important thing. Because we want to keep that chain stability, the devs have recommended that we stay with POW for two minutes, and I don’t think that’s going to change, unfortunately, in the future.
R: Yeah, I agree. Chain stability is of the most importance. Okay, so our next question asks, “The decentralized exchange space is growing. Binance announced its plans to launch its decentralized exchange in Quarter 1, 2019. Bitfinex has several decentralized initiatives — things like Aurora are ramping up. How does Lux plan to beat them? What makes Lux unique over them?”
J: That’s a good question. So LuxGate obviously is… you know, everyone here is trying to be unique in their own way especially you know with their products. So all these ICOs out there are trying to be unique but they all probably are trying to save a similar solution. Being a Dex, obviously, we’re aiming for one solution. Which is to be decentralized as an exchange. So I think the question is what unique features are we going to have that compares to Binance or Bitfinex initiatives and IDEX or EtherDelta. I can’t speak for Binance and Bitfinex but decentralized exchanges like IDEX and EtherDelta they’re obviously run on a web app primarily. That’s all you can find it at, all right? LuxGate is going to be all done through the actual wallet or through the software wallet so I think that’s a huge unique feature that we’ll be having. You’ll be able to store multiple coins on a software wallet rather than on just your web app. I think that’s what makes us unique over other DEXs.
Once again I can’t say how Binance or Bitfinex is going to be doing it.
R: Yeah, very true. I think having the software wallet decentralized exchanges… very, very promising. The next question we have here is, “The community is looking forward to the first of its kind LuxGate, the flagship product. Not much info is available on its internal working. For a successful decentralized exchange, mass adoption is key. Based on what we have seen and heard so far, LuxGate will operate inside of a desktop wallet. This will make it very hard for quick and successful adoption. Are you planning to support a responsive web-based solution for LuxGate that will not require users to have desktop wallets? If not, can you?”
J: There’s a very simple answer for this one, and the answer is, “Yes!”
We will have a web-based solution for LuxGate, obviously, along with the software wallet that will have LuxGate on there as well. There will be more than one use cases for the actual web wallet… Sorry, for the decentralized LuxGate on the… which platform it’s being used on. So the first version that’s going to be coming out is only going to be on Luxtre, which is our light wallet. In the future there are definitely plans to be creating a web-based solution. So yes, the short answer is, “Yes.”
R: Great! So on to our next question. We have, “Can you share any news regarding partnerships, product end users, or income-producing relationships? McAfee is working with many projects and initiatives. He has his own company and is about to start a campaign to run for President. From the outside, it would seem he is working on everything but Luxcore. Behind the scenes, is McAfee contributing to Luxcore?”
J: So there’s two questions here. Let me go ahead and answer the first question: if there’s any news I could share regarding partnerships, product end users, or income-producing relationships. A lot of this stuff is you have to keep quiet on our side, so… But I can tell you that we are working with partnerships on partnerships and we do have a couple of product end users or income-producing relationships — however you want to spin it — we do have a few up in the air. Obviously, due to legality reasons on the web wallet it’s gonna take a while for them to come into fruition. We are definitely working on those.
And as far as McAfee and what he does to contribute to Luxcore… First of all let me — as you guys know — me and a couple of other members of the core team, we were able to visit John McAfee at his house to record the shoot for the TV segment. We had a long conversation, obviously, about Lux and what direction that will be going towards. He has a lot of things planned for us so he is definitely contributing. Obviously you can’t see it yet but it’s definitely there.
R: Yeah, I’d have to say that I’m looking forward to the segment that you guys filmed with him on the InnovationsTV show, and I want to tell everybody to keep their eyes on the lookout for when we announce that it’ll be airing.
J: So the next question, before we ask it, it’s directly related to marketing, and who better to answer it than you, right Rob?
J: All right so this flip this roll and let me ask you the question real quick, okay? “Can the community have an insight into plans for promoting Lux to new buyers? The increase in social media efforts is certainly notable however items such as Lux Academy and the increased Twitter traffic mostly targets people already aware rather than new buyers. What is the plan for getting Lux out there and kick starting the journey off the very small market cap shelf it currently sits on?”
R: Yeah, it’s a very good question. Right now I would say that our main focus is to get Lux noticed in the Asian market. It’s obviously — as everybody knows, if you’ve been in this field for a while — the Asian market is a huge chunk of… for these projects, for everybody. So right now one thing I could tell you is that we’re working; we’re talking directly with some conferences; we’re trying to find the best influencers that would help the project that would be invested in the project that are in Asia to help us. Once we finish talking with these conferences and things like that we’ll announce some. We hope to get a lot more of the Asian exposure right now in terms for Luxcore.
J: Yeah, especially with the addition of being added to Coinbene, which is primarily an Asian market, I think the direction that we’re heading in in the marketing areas it’s a pretty good idea to hit Asia, right?
R: Yeah. That’s one of the main things we’ve noticed right now is the volume on Coinbene is very low, so we want to focus our efforts on that, increase that, increase the focus and exposure in Asia. It’s definitely where we’re targeting, as you can see by getting on Coinbene, it’s the beginning of the marketing towards that.
J: Awesome Rob, thanks for answering that question. You can go ahead and ask me the next question.
R: Sure thing! So our next question we have is, “Has anyone expressed interest or, even better, entered talks about paying for the use of the web wallet?”
J: So, as you all know, we did announce on our Discord and our Twitter that we did testing on a different coin called Espers and it did successfully go through. The web wallet worked perfectly on there so people were able to stake on that web wallet with using a different coin. And after that successful announcement we did have a few coins come to us asking if they could use the web wallet as a service. I previously answered this on one of the questions before but due to legality reasons which I can’t say what obviously, but there are some issues that we’re going through that we need to get tidied up, and hopefully once we get past that we’ll be able to reach back out to these users and to these teams and these projects and give them a package deal or whatnot to see how we can deal with this.
R: Yeah, that was very exciting about Espers and the successful testing. So all right, we have our last question of the night, and it asks, “Will you guys have beta spots open for LuxGate so we can try it?”
J: Quick answer is, “Yes.” But, obviously, there’s still a lot of things going on with LuxGate. I can’t give you a timeline, obviously, and there will be the internal testing. But I can promise you that once we do have beta testing open we will let you guys know through our social media channels on Medium, Twitter, our Discord channel. So just stay tuned and watch out and hopefully we will launch a beta session soon.
Thank you guys for joining us on this AMA. Without you guys’ community we obviously wouldn’t be able to answer all these questions that you guys ask. Just continue asking questions and hopefully we’ll be able to answer them all. The channel will open again soon for November’s AMA so just be on the lookout for then, and Rob do you have anything you want to say before we hit the switch?
R: Just wanted to say I had a good time answering and/or helping answer these questions. I just want to say to the community look out for the next AMA opening of the questions. We value your input. So that’s about it for now. Take it from there.
Although this is arguably more of a development update than a marketing and business update, anytime we have a chance to add strength to our team benefits the business as a whole. This week, we welcomed Tetyana Sopronyuk as Product Quality Officer. She will be working to help review the quality of all Luxcore products and services. Read all about the appointment here:
+ Update TradingViewChart + Add socket template to get realtime data for TradingViewChart + Add socket.io-client module + Some minor aesthetic fixes to the UI + Implement global order book for trade statistics and current exchange rate insights
Luxcore is pleased to announce that Tetyana Sopronyuk will be filling the new role as Product Quality Officer within the core development team. She will be working to help review the quality of all Luxcore products and services.
Among Tetyana’s professional achievements are 39 certifications, five published books and numerous articles published in peer-reviewed journals. She is a recognized expert in protocol-oriented programming and will bring leadership to Luxcore in integrating processes for streamlining future development and design.
Tetyana is an Associate Professor in the Department of Applied Mathematics and Informatics at the Chernivtsi National University in Western Ukraine. She has been lecturing for over 20 years on a variety of mathematical and technical concentrations such as mathematical modeling of systems with impulse influences, object oriented programming in C++, as well as Automata theory, formal languages and compilers.
Luxcore CEO John McAfee, COO Guillaume H. and CFO Frederick Angers are in Malta this week for the Malta Blockchain Summit. With over 5000 attendees, the Summit is one of the marquee blockchain / cryptocurrency events of the year. McAfee delivered the keynote address, during which he spoke with passion about the importance of trustlessness and permissionlessness in crypto by way of heralding the coming revolution of distributed / decentralized exchanges such as the upcoming LuxGate.
Check out McAfee’s address in its entirety below (which I have cued up nicely for you):
[Editor’s note: When the video says “Watch this video on YouTube,” click “Watch this video on YouTube.”]
McAfee also participated in a lighthearted discussion entitled The Dark Side of the Chain earlier today alongside the engaging Brandon Smietana (aka, Synth), co-founder of Skycoin. If you’re not easily offended by foul language, feel free to check out the discussion here (also nicely cued up):
[Editor’s note: When the video says “Watch this video on YouTube,” click “Watch this video on YouTube.”]
Earlier this week, Luxcore appointed Brian Dors as Head of Marketing, working alongside COO Guillaume H. and the already established marketing team of Mike H. & Robert P. Please see the official announcement here:
Brian began his tenure as Luxcore CMO in a trial-by-fire, hosting a day-long Discord AMA on Hallowe’en. Dozens of questions were asked and answered, providing insights into Luxcore’s marketing plans and direction going forward. In case you missed it, you can check out the AMA channel in read-only format for the next month or so here: https://discord.gg/87Msajs
+ LuxGate stock chart redesign + Account page fixes + Some minor aesthetic fixes to the UI + Add links to social networks with icons + Add more atomic swap RPC functionality + Add global order book for trade statistics and current exchange rate insights.
+ Implementing wallet restoration on settings tab + Add dataprovider for TradingView Chart + Add API for TradingView Chart + Upgrade Chart page
QT wallet and Core development:
+ Releasing 5.2.5 to fix PoS vulnerability. The hard fork is successful at block 465K + Update QT version to 5.9.6 + RPC and bech32 tweaking + i2p connect via SOCKS5 for Privacy mode + Handle addressindex features for explorers and Qt explorer addresses history + Fix a few possible Qt issues related to low cache memory (-dbcache) + Improve Qt transaction history for smart contract operations and stake + Improve Internal Block Explorer UI + Improve BIP38 and Multisend UI + Improve French translations + Applying BIP174 into Luxcore blockchain
Web wallet development:
+ Update the whole system for hardfork at block 465K + Fix minor issue on sending page + Added additional email verification code on send/export + Added recaptcha on login to prevent brute force attacks on users (will be improved further)