Topic: [ANN] LYRA Block Lattice - page 10. (Read 4108 times)

We just finished implementation of a unique and very important feature - Import Account, which will be rolled out in testnet soon.
It is used for several use cases: send by email, reward redemption, and account consolidation.

Send by email
Send by mail feature can be used to make a transfer to a user that does not have a Lyra account - by using his/her email address instead.
The sender transfers funds (loyalty reward points, gift cards, LYR tokens, or other customer tokens) to a new, randomly generated temporary account (wallet address). The private key of this temporary account is sent to the recipient via email. To claim the received funds, the recipient imports the temporary account into his newly created or existing wallet account. No one can use the private key of the temporary account anymore as it is linked on the blockchain to the main recipient’s account. The sender can continue sending funds to the same temporary account, but only the recipient now can spend them.

Note that the sender can still use the private key to spend the balance before the temporary account is imported - this way “send by email” can be “cancelled” so the balance on lost or unclaimed transfer can be “returned” by the sender to the sender’s account. So it’s important to note that “send by email” transfer is complete (settled) only after the temporary account has been imported.

Reward redemption
Merchant gets a new customer and starts issuing loyalty rewards tokens for each new purchase, even though the customer does not have a Lyra account.
At some point, the customer realizes he/she has accumulated reward points and decides to use the rewards, so he/she installs Lyra wallet and creates a new account. He’s now prompted to import the account generated by the merchant - using the private key that’s being emailed by the merchant for each reward transaction. After the key is imported into the new customer account, the wallet can receive all reward transfers previously sent by the merchant to the customer. The merchant can continue sending rewards to the “old”, imported account id, while the customer will be receiving them on his main wallet account.

Thus, the customer can receive rewards from multiple merchants (sent to different imported accounts) on his single wallet account, although merchants don’t know the address of his main account.

Account Consolidation
CLI wallet and current version of mobile wallets does not support multiple accounts. You need to run multiple instances of CLI wallet (one per account) or switch between accounts in a mobile wallet (backup a private key, remove account, and enter a new private key). Even though Lyra accounts support multiple token balances (any number of different token types can be managed on a single account), there are situations when a user might have multiple accounts. If one of the accounts is only used for receiving incoming transfers, it can be merged with a “main” wallet account using the import feature. All the balances will be transferred from the imported account to the “main” account.

After the merge, the imported account’s id (address) can still be used to receive transfers but they will be added to the balance of the main account.

More info: https://docs.lyra.live/lyra-network-1/import-account

Remembering Hal Finney -
cryptographer, one of creators of PGP and PoW,
and first #bitcoin recipient.

Great story!     

 https://bitcointalksearch.org/topic/bitcoin-and-me-hal-finney-155054 

New Lyra release 1.7.3.3 is available now!

Lyra is now a fully decentralized, permissionless network!

https://github.com/LYRA-Block-Lattice/Lyra-Core/releases/tag/1.7.3.3

Lyra development status update -
new release with fully permissionless, decentralized network is coming soon!

https://t.me/lyra_live/847

Hello everyone-

Lyra development status update -

As we communicated previously, while conducting testing on testnet (thanks to our growing community of testers!), we found several issues in consensus and DPOS implementation, related to the fact that the original implementation was planned as a hybrid “permissioned/permissionless”. So we decided to take one more step and finish the full permissionless implementation before the mainnet launch.

We are pleased to inform you that the main work has been completed in version 1.7.3 - thanks Joseph for his hard, sophisticated work! We are still working on minor bug fixes and features (like additional LoyalShopper app and mobile wallets support).

The testers will be able to resume testing after the minor release which will be issued soon. Stay tuned!

Deloitte research:
“The ROI for improving loyalty programs makes blockchain worth it”.

Making blockchain real for customer loyalty rewards programs
 
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-fsi-making-blockchain-real-for-loyalty-rewards-programs.pdf

We need more translations of pitch deck and  white paper,
and we need proofreaders - currently, native speakers in French, Arabic, and Russian

https://lyra.live/bounty/

Lyra pitch deck is now available in French, Arabic, and Russian - thanks to our international community members who translate it.
More languages coming soon!

https://lyra.live/

Yes, we are still testing while adding new features.
Initially, we were planning to launch mainnet as premissioned network, but now we are adding code to support full permissionless DPoS.
Testnet update is coming soon!

still in testnet or ?

Lyra Pitch Deck





















https://lyra.live/wp-content/uploads/2020/08/Lyra-Live-Inc.-Pitch-Deck.pdf

Lyra pitch deck
 
https://lyra.live/wp-content/uploads/2020/08/Lyra-Live-Inc.-Pitch-Deck.pdf

Brief update on Lyra development status -

While conducting testing on testnet, we found several serious issues in consensus and DPOS implementation, related to the fact that current implementation is a hybrid “permissioned/permissionless”. We decided to take one more step and finish the full permissionless implementation before we move to mainnet (initially we were planning to do it after mainnet launch). We realize that this decision may postpone the mainnet launch date, but on the other hand it will help remove any concerns regarding the network decentralization and risks associated with fundamental changes on mainnet.

Currently, Joseph is mostly working on the Lyra network code, while I am focused on LoyalShopper, so by the time we launch mainnet we get a production grade LoyalShopper app ready to serve Shopify customers on day one.

We will notify you once updated nodes are available for testing again. Stay tuned!

https://t.me/c/1347520184/799

Please check out the updated Lyra docs site -
we added info about Lyra Open DAPI

https://docs.lyra.live/lyra-network-1/open-dapi

Available on mobile devices too!

https://twitter.com/LYRAblockchain/status/1295793531420921857

LoyalShopper app's new dashboard screen.
The app will be available soon for testing on Lyra testnet with Shopify test stores.

https://twitter.com/LYRAblockchain/status/1295791532818206723

Help us test the Lyra network!

LYRA bounty programs:

- early node testing bounty,
- bug bounty,
- social media awareness bounty

http://lyra.live/bounty/

How to test:
https://github.com/LYRA-Block-Lattice/Lyra-Core

LYRA website and docs site have been restructured and updated to make the messages more clear,
and better describe Lyra network and LoyalShopper.
Check it out!

https://lyra.live

The latest Lyra testnet release 1.6.12 is available,
and now we also have a simple web wallet!

https://blockexplorer.testnet.lyra.live/webwallet

Lyra testnet is growing!
https://blockexplorer.testnet.lyra.live/showbb

Launch your node to participate in node testing bounty
https://lyra.live/bounty/

New Lyra node release 1.6.8 for testnet is available. If you are already running a node please upgrade, or start participating in testing and get reward

https://github.com/LYRA-Block-Lattice/Lyra-Core/releases/tag/1.6.8