Frequently Asked Questions
What is LUKSO?
LUKSO is a Blockchain network dedicated to existing and coming digital lifestyle use cases. It will be running with a Casper consensus algorithm (PoS) combined with an Ethereum Virtual Machine (EVM) execution engine. The main network is planned to launch in 2022.
How to stay up to date about LUKSO?
Where can I download the Whitepaper?
What is LYXe and LYX?
LYX is the native cryptocurrency of the LUKSO Blockchain and is required to secure this decentralized infrastructure. It is used to pay for transaction fees and needs to be locked (staking) to participate in the block production.
Once the LUKSO mainnet starts, there will be a migration of LYXe to LYX on the LUKSO Blockchain. Both LYXe and LYX represent the same asset but on different Blockchain networks.
I am a developer. Where do I start?
Please join our Discord and get in touch if you have terrific ideas for the new digital lifestyle economy!
Why LSPs are not proposed as ERCs?
The LSPs are part of a larger set of core standards that are all interoperable and cohesive together. Nonetheless, they do function equally for any EVM chain, the ability to make these standards understood requires a less noisy and neutral place, than the current ERC space.
Therefore, we deem a separate repo (LIPs/LSPs) as necessary for the success and transparency of these new sets of standards, many of which use ERCs (ERC165, ERC173, ERC725) as a core basis.