[ANN]🔶LAMDEN🔶Blockchain Interoperability & Rapid Development

[filsid]

Lamden Dev Update — April 20th, 2018 https://blog.lamden.io/lamden-dev-update-april-20th-2018-82bae4913b8e



Happy Friday! It’s Dev Update day again! We’re making good progress. Check it out below.

Clove Development Updates
Logging and code documentation as well as a usage documentation update
Created wallet object for Ethereum
Began orchestration for Clove API deployment
Deployed first working version on a remote server
Boilerplate for the UI framework

Cilantro Development Updates
Further work on deploying Cilantro nodes on virtual machines
Creation of docker containers for Cilantro and its dependencies
Scripts to bootstrap a variable number of Cilantro nodes (Witness/Delegates) on virtual machines, and send transaction through the system
Integration and unit tests on network reactor, and router/composer layer
Developing tools to quickly write integration tests on complex multiprocess architecture
Unit tests on message classes
More robust logging mechanisms to capture errors from nodes run on virtual machiness

Seneca Development Updates
Worked on Cilantro integration planning
Started overhauling data storage layer: finished query generator
Completed spec for point-in-time snapshots of storage

What’s Next?
Next week we will implement point-in-time snapshots and work on the storage layer for Seneca. For Clove we will start work on UI views
and work on browser a plugin for signing transactions. For Cilantro, we will perform automated integration tests on virtual machines and perform unit/integration tests on State Machine.

https://blog.lamden.io/lamden-dev-update-april-20th-2018-82bae4913b8e

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[tyz]

Lamden is currently a ERC20 token. Is it planned to to swap it to a own token in the future. Will there ever be a separate wallet?

Further, what is planned to do with the remaining outstanding 146 million coins?

[toogoodtobetrue]

Lamden is currently a ERC20 token. Is it planned to to swap it to a own token in the future. Will there ever be a separate wallet?

Further, what is planned to do with the remaining outstanding 146 million coins?

Same question. own token will be better than erc20

[dogtana]

Even if it is not a separate token, this project is a.w.e.s.o.m.e.

[Bladiebla]

Lamden is currently a ERC20 token. Is it planned to to swap it to a own token in the future. Will there ever be a separate wallet?

Further, what is planned to do with the remaining outstanding 146 million coins?

Current token is a place holder, will be swapped out when Mainnet goes live. They build their own blockchain from scratch written in Python(a-like) language.

Supply is 282 million tokens
Currently in circulation is 157 million.

Locked up Coins:
35 million (team) for 2 years
90 million (Lamden Lab): Will be used in small increments (after mainnet Launch in Q4/2018) to incentivize use and development, so they will create more value than dillution.

[Bladiebla]

@everyone

The first documentation of the new whitepaper is out!
Check it out!

A complete overview of the Lamden suite

[tyz]

As far as I understood, it is written in Python. The smart contract language for the platform will be Python-like.

Is there a date when Mainnet is planned?

Lamden is currently a ERC20 token. Is it planned to to swap it to a own token in the future. Will there ever be a separate wallet?

Further, what is planned to do with the remaining outstanding 146 million coins?

Current token is a place holder, will be swapped out when Mainnet goes live. They build their own blockchain from scratch written in Python(a-like) language.

Supply is 282 million tokens
Currently in circulation is 157 million.

Locked up Coins:
35 million (team) for 2 years
90 million (Lamden Lab): Will be used in small increments (after mainnet Launch in Q4/2018) to incentivize use and development, so they will create more value than dillution.

[Bladiebla]

As far as I understood, it is written in Python. The smart contract language for the platform will be Python-like.

Is there a date when Mainnet is planned?

Lamden is currently a ERC20 token. Is it planned to to swap it to a own token in the future. Will there ever be a separate wallet?

Further, what is planned to do with the remaining outstanding 146 million coins?

Current token is a place holder, will be swapped out when Mainnet goes live. They build their own blockchain from scratch written in Python(a-like) language.

Supply is 282 million tokens
Currently in circulation is 157 million.

Locked up Coins:
35 million (team) for 2 years
90 million (Lamden Lab): Will be used in small increments (after mainnet Launch in Q4/2018) to incentivize use and development, so they will create more value than dillution.

Mainnet is planned for Q4 (according roadmap) but they re way ahead of schedule that really might be possible it can be launched in Q3.

[Bladiebla]

Another update from Lamden team!




Introducing Lamden’s New Exchange Initiatives
A mock-up of Lamden’s exchange
As you may be aware, Lamden has been hard at work developing their own decentralized exchange, LamDEX. Today, we want to announce some major developments to our exchange plans that bring us much closer to actualizing the reality of a Lamden-based exchange. There are two major initiatives that we are announcing:

Introducing Untether: Lamden’s Fiat Solution
Lamden has begun its plan to include a fiat pairing through the representation of its own stablecoin. The new token will run on a proof of authority network, which is a less decentralized method of consensus, but there is no actual centralization concerns due to this coin acting as a payment processor. This acts an alternative to a true fiat pairing, as that legal complications such as the need for a money transmitters license. Our approach would require a bank sponsorship, which we are in the process of obtaining. These tokens would be compliant with Clove’s atomic swaps, thus introducing fiat tokens to the decentralized exchange world.

By initially using Ethereum Proof of Authority, we can introduce an easy to use REST API so that the service can be integrated into any application, a liberty no other type of fintech payment system can offer. The system would be completely automatable, which when coupled with our application integration, would cause businesses and other users to become reliant on it, leading to long term use.

This fiat solution is significantly cheaper than other fintech payment options such as Paypal and Stripe. Also, unlike these completely centralized entities, Lamden can provide true client-side payment creation with a crypto-method of signing transactions, something other companies cannot do. This direct interaction with the client would lead to minimal fees for the consumer while providing a steady-stream of revenue for Lamden to pour back into the software to ensure further compliance to decentralized standards.

Lamden’s Exchange Updates
As a preliminary step in the creation of Lamden’s decentralized exchange, we will be working to release a traditional exchange. In the long-term, this traditional exchange will act as a companion to LamDEX. Ultimately this exchange and LamDEX will be integrated into a single app.

Casual traders may prefer the traditional exchange approach while heavier and more security-conscious traders are more willing to switch to the newly emerging decentralized exchange model, as they include a different model of fees-per-transactions and delays related to block-time limitations. Additionally, by offering both options, we can introduce LamDEX to our centralized exchange users to build the LamDEX user base.

We hope with these initiatives, Lamden’s exchange will become one of the most comprehensive exchange solutions available on the crypto market.


Introducing Lamdens new exchange initiatives

[Bladiebla]

Another update from Lamden team!




Introducing Lamden’s New Exchange Initiatives
A mock-up of Lamden’s exchange
As you may be aware, Lamden has been hard at work developing their own decentralized exchange, LamDEX. Today, we want to announce some major developments to our exchange plans that bring us much closer to actualizing the reality of a Lamden-based exchange. There are two major initiatives that we are announcing:

Introducing Untether: Lamden’s Fiat Solution
Lamden has begun its plan to include a fiat pairing through the representation of its own stablecoin. The new token will run on a proof of authority network, which is a less decentralized method of consensus, but there is no actual centralization concerns due to this coin acting as a payment processor. This acts an alternative to a true fiat pairing, as that legal complications such as the need for a money transmitters license. Our approach would require a bank sponsorship, which we are in the process of obtaining. These tokens would be compliant with Clove’s atomic swaps, thus introducing fiat tokens to the decentralized exchange world.

By initially using Ethereum Proof of Authority, we can introduce an easy to use REST API so that the service can be integrated into any application, a liberty no other type of fintech payment system can offer. The system would be completely automatable, which when coupled with our application integration, would cause businesses and other users to become reliant on it, leading to long term use.

This fiat solution is significantly cheaper than other fintech payment options such as Paypal and Stripe. Also, unlike these completely centralized entities, Lamden can provide true client-side payment creation with a crypto-method of signing transactions, something other companies cannot do. This direct interaction with the client would lead to minimal fees for the consumer while providing a steady-stream of revenue for Lamden to pour back into the software to ensure further compliance to decentralized standards.

Lamden’s Exchange Updates
As a preliminary step in the creation of Lamden’s decentralized exchange, we will be working to release a traditional exchange. In the long-term, this traditional exchange will act as a companion to LamDEX. Ultimately this exchange and LamDEX will be integrated into a single app.

Casual traders may prefer the traditional exchange approach while heavier and more security-conscious traders are more willing to switch to the newly emerging decentralized exchange model, as they include a different model of fees-per-transactions and delays related to block-time limitations. Additionally, by offering both options, we can introduce LamDEX to our centralized exchange users to build the LamDEX user base.

We hope with these initiatives, Lamden’s exchange will become one of the most comprehensive exchange solutions available on the crypto market.


Introducing Lamdens new exchange initiatives

With the upcoming exchange, means also Lamden team expansion:

[NDLcrypt]

I bought Lamden additionally in hitbtc today and very happy to buy lamden in low price

You have done very well, the price has already grown 2.5 times. LAMDEN is a missile that flies to the moon)) I think that during May the price will increase.

[dogtana]

How will you change the token if you have it in MEW currently?

And it will be urgent to have hardware wallet support because this baby is going to fly

[rafzalan]

This project is one of my findings in the past days, after reading the WP and looking at the blog I could not wait any longer, so bought a bag of it.
Good Project
Keep Up team

[reffi]

Roadmap is a bit misleading, so is the Alpha release in May? (Month 5?)

[BitProNews]

Roadmap is a bit misleading, so is the Alpha release in May? (Month 5?)

Last update was on 27th April which may be resumed in few words; Next week they will work on integration tests for end-to-end message signing, consensus integration tests. The team will begin development on its overlay network and begin tests for state machine. For Seneca they will be doing more data storage refactoring, and will continue work on the voting system implementation, and continue work on the Cilantro integration.
Track updates in the official lamden blog.

[Monkey1]

I've invested some money, I'm waiting. I believe I will win, I just have to be patient.

[dogtana]

Still hidden and greatly undervalued gem. I was not able to aford much but I hope it can help me in the future.

[BitWhat]

No talk in here. Just accumulation  

[violetsky901]

Sounds pretty interesting.. Maybe i will invest some coins here and get more profit in the future 

[tyz]

50 percent pump today. It seems the hidden gem was discovered by a few people or big whales coming in. As soon as the main net has been released we will see much higher prices. Lamden is planning really great tech.