[Press Release] Road Printing Agreement Project Progress Report (Issue 54)

Luprinting Protocol 3.0 is getting closer to the Ethereum mainnet deployment, and we have solved most of the technical issues of the product launch. The current agreement, relay, and product development are in line with expectations.

R & D

Road printing agreement

We've made improvements to the way transactions are verified in the circuit. This change has increased the flexibility of the agreement, giving relays more flexibility in how and in what order to match orders. Of course, the clearing logic will still guarantee the price and transaction volume requirements of the order.

We have completed the software development required for the second phase of the multi-party calculation ceremony for zero-knowledge proof of a trusted setup. The second stage is based on the first stage perpetual tau calculation. Unlike stage 1, the calculation in stage 2 relates to a specific circuit. These two stages are also critical to the safety of the circuit and protocol. A lot of code referencesBellmanIn addition to the open source code, we've also modified the libSNARK/ethSNARKs code to remain compatible with Bellman.

We successfully launched the multi-party calculation ceremony for Luyin 3.0. Up to now, a total of 5 participants have completed multi-party calculations. More people will be attending our ceremony over the next week or two. Once more than 10 people have completed the calculation, we can begin the main network deployment agreement.

Ambi Laboratories completed a safety audit of Road Print 3.0. We have reviewed and analyzed the contents of the audit report and made some minor improvements to the agreement. We'll post more details next week.

The completion of the third party security audit also marks the successful completion of the development of the Road Print Protocol 3.0 beta4. Currently, only 5 more people are needed to complete multi-party computation, and Luyin can deploy the 3.0 protocol on the Ethereum main network.

Everything is ready, only Dongfeng

Light cone relay

The third and last system-level reconstruction of the optical cone relay has been basically completed, and the joint tuning and testing of various subsystems is currently being improved. Overall, this work is progressing very well.

In the new structure, we plan to increase the fee system and marketing system. The fee system supports specific users to submit offline requests using different rates. It has now been developed and has entered the testing stage; the marketing module is undergoing demand analysis.

We have also introduced Service Mash in microservice management to balance load among microservices, further enhancing our ability to manage clusters. After the restructuring, in addition to greatly improving performance and stability, the system also began to support account opening in seconds in terms of functionality, and the recharge time was reduced to half of the original. The cluster has also added virtual machine-level, process-level, and log-level alarm functions, and supports the push of alarm messages through DingTalk.

Front-end products

The front-end supports WebSocket, which can display data changes more quickly in depth, order status, etc.; we have also optimized the TradingView chart to better display the price curve.

Note: The development of the web product has now been handed over to the WeDex team. Since then, Luprint will mainly provide the development of core functions and related technical support.

Operations and Markets

• November 4: HummingBotReleased 0.18.0edition, which includesDolomiteAPI connection module. Now people can use HummingBot to place orders directly on the Dolomite platform.

• November 7: We began discussions on the 2020 R&D roadmap. At present, a high degree of agreement has been reached on the overall plan, and some details have yet to be discussed and sorted out. We will release Luyin's roadmap for next year in late December.

• November 8: Luyin attended the World Blockchain Conference in Wuzhen and shared technology on Luyin Protocol 3.0.

• Nov. 8: Commercial Director Matthew FineStone attends Toronto's Ethereum DeFi gathering.

• November 9: Dolomite goes liveLimit margin trading. Currently, users can short or long ETH compared to DAI, and more trading pairs will be launched in the future.

• November 9: Commercial Director Matthew Finestone represented Luyin in Canada at an organization organized by the Ethereum Core TeamEthwaterLooconference.

• November 10: Wang Dong, founder of Luyin, attended an event hosted by Renmin University of China North American Alumni AssociationMatilda ForumHe also shared some of his views on blockchain, artificial intelligence, and digital RMB DCEP.

• November 10: Road Print officially launches zero-knowledge certification security settingsMulti-party calculation ceremony. The ceremony was based on the calculation results of the 11th round of perpetual tau calculation. Currently, 28 blockchain teams have been invited or registered to attend the ceremony.

https://loopring.org/#/ceremony

• November 15: WeDex announced that it will launch its official website on December 1 and begin recruiting the first batch of closed beta users.

• 11/15: Road MarksnominatesBrecht Devos is Luprint's chief architect and is fully responsible for the development of agreements and zero-knowledge proofs.

For more updates on the Road Printing Agreement, please visit our community account:
Twitter:Twitter/loopringorg
Reddit:reddit.jp/r/loopringorg
Telegram:t.me/loopringfans(Chinese)
Weibo:https://weibo.com/loopringfoundation
Luyin WeChat Official Account: Luyin Loopring