The Lossless team, as always, has been productive in the past month since the last development update we published. It’s not a surprise why — Core Protocol’s launch date is approaching and there are more tools on the roadmap that need to be followed upon. Let us share with you what has been happening at the back of the stage.
Check out the recent Lossless developments during this past month:
Core Protocol
- Smart contracts of Core Protocol were deployed to Ropsten Testnet. They can be found here if you’d like to check: https://lossless-cash.gitbook.io/lossless/technical-reference/hack-mitigation-protocol/deployments
- As promised, we have launched Core Protocol’s bug bounty on Immunefi. The goal is to invite our community and help us clean up the code of our most important tool. Participate here: https://immunefi.com/bounty/lossless/
- There were minor fixes on Core Protocol’s smart contracts that improved gas costs. Our thanks go to our Advisor Pascal Marco Caversaccio for noticing those.
- The entire roll out process of how Core Protocol is going to be launched has also been publicly published so that our community would be informed of every step.
Lossless Hack Explorer Platform
- The platform is under heavy development. The goal is to release the beta version by the end of the month. You know our Hack Explorer as an MVP: https://platform.lossless.cash
Vault Protection
- All the bugs that have been so far found are now fixed.
- The Legacy back-end has been deprecated in favor of The Graph.
- The tech team has decided to postpone the work on Gnosis Safe integration to the Vault Protection until after we release the Core Protocol.
LERC20
- We’ve added support for Mintable and Burnable versions of LERC20. These contracts will be integrated into the Token Minter after they get audited.
Next
The process of Core Protocol being launched onto the mainnet can be found here: Core Protocol: The Launch Process
As always, if there are any questions you’d like to ask the team, feel free to reach out to us on Twitter, Telegram or Discord.
About Lossless
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from our known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.
Our protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Our solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.
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