Greetings dear community! Even though we have not published a community update in some time, this does not mean that the work has stopped, quite the opposite! We are continuing to improve every product and work ‘round the clock for the big release that everybody is waiting for, LUXGATE. However, we still have a few steps until then and in this article we are addressing the news, articles, development, bug fixes and changes that happened since our last update.
MARKETING AND BUSINESS UPDATES
During this period, LUXCore faced a few structural changes. John McAfee left the position as CEO of LUXCore and his spot is waiting to be filled by the propper person. In the meantime Guillaume “Arsonic” H. the COO of LUXCore is taking the interimar CEO position. Also during this time, our team has forged new partnerships and released the mobile version of the POS Web Wallet, available now for iOS and Android. In the next section you will find a summary with all articles and news that were released since our last Community Update, so you won’t miss a thing!
Blockchain is increasingly becoming a budgeting priority for many countries around the world. Although North America, Europe, and Asia are the traditional technology leaders, one region that is making a large impact in the blockchain space may come as a surprise to some. “Middle East and North Africa (MENA) IT spending is projected to reach $160 billion in 2019, a 1.8 percent increase from 2018,” according to the latest forecast by Gartner, Inc. MENA is also increasing its budget for blockchain spending and not surprisingly almost doubling it every year until 2021.
Looking further ahead (and including all of the African continent), the International Data Corporation (IDC) forecasts “blockchain spending in MEA to reach $307 million in 2021, which represents a compound annual growth rate (CAGR) of 77.4% for the 2016–2021 period.” IDC goes on to indicate that the most popular blockchain use cases in 2021 will be cross-border payments and settlements, assets/goods management and identity management. These three areas alone will account for a third of MEA’s overall blockchain expenditures in 2021.
What Can You Do With Your PoS Mobile Wallet? a. Staking LUX With Your PoS Mobile Wallet b. Securing Your Funds Via the LUX Mobile Wallet c. Heightened User Control When Transacting
Walkthrough: How to Use the LUX PoS Mobile Wallet
Hello Luxcore community and readers! We’re excited to announce the rollout of our new Luxcore Proof-of-Stake (PoS) Mobile Wallet for Android/iOS a follow up to our already first-of-a-kind PoS web wallet for storing your LUX. At Luxcore, we’ve been striving to bridge the gap between everyday users and highly technical concepts which otherwise would have been just a mere buzzword for most.
This past Thursday (March 21), Luxcore released its detailed project roadmap for 2019, outlining exactly what tasks are being worked on, how far along towards completion each task is, as well as expected timelines.
In recent months, development throughout much of the blockchain industry began to slow as cryptocurrency markets went into retreat and funding availability became suppressed. Luxcore, though, continued to trundle on, quietly working on important long-term projects like LuxGate and the Parallel Masternode Network.
Here is a summary of some of the more important details from last week’s roadmap:
We’ve added exciting milestones to our roadmap and are hopeful to achieve them. As you can see, we’ve had plenty of milestones hit in Q1 and will promise to keep delivering in the next quarters. We have also released a more detailed roadmap article that you can download here.
Greetings dear readers! As you may know already, LUX released its brand new in-house blockchain explorer! Before we dive into our fresh out block explorer let me explain a thing or two for the new comers about what the blockchain explorer stands for.
A blockchain explorer is simply a browser for blockchain, it allows an user to track everything that happens on that blockchain. You do not need special credentials to use a blockchain explorer, it is free and available for everyone.
It is with great enthusiasm that Luxcore announces two important additions to the development team. Luxcore has officially appointed Enkayz and Giacomo as full-time Luxcore staff. Both are full-stack developers and both are highly experienced in using blockchain as a codebase. Prior to joining Lux, they freelanced for many other notable projects, frequently solving development tasks that those projects’ own in-house staff were unable to solve.
Here is an illustration of the skill and professionalism enkayz and Giacomo bring to the Lux team: the Luxcore testing team led by Remco had compiled a bug tracker listing a couple dozen bugs in the core and wallet. This bug tracker had been open for months. When enkayz and Giacomo joined the Luxcore team, they wiped the entire tracker clean within 72 hours. Thus, these additions to our development team portend to give a huge boost to both the productivity and quality control of all Luxcore blockchain products and services.
Weekly updates went on hiatus over the Christmas holidays and returned for the week of January 7 to 11 only to disappear again. This was merely a function of the team focusing entirely on the 5.3.0 and subsequent 5.3.1 releases. Now that those are out, you can expect to see project updates every week from Lux once again. You will also see, from reading what may be our most robust update ever below, that the lack of updates does not reflect a lack of progress and development in Luxcore.
Luxcore v5.3.1 released
Hot on the heels of the mandatory v5.3.0 release, Luxcore has released a maintenance wallet version to address some bugs and UI issues. Although not a mandatory update, v5.3.1 is highly recommended. Get it today! See the Development Updates below to find out what has been improved in v5.3.1.