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feat: FAQ - Add LUKSO Chapter
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fhildeb committed Jul 7, 2023
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75 changes: 0 additions & 75 deletions docs/faq/lukso.md

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label: '🆙 LUKSO'
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sidebar_label: 'Feature Requests'
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# Feature Requests

### Will there be video guides about LSPs?

Yes, LUKSO is planning to create videos for LSPs both on the theoretical and practical end. They will be released after the mainnet process, and the LSP development is finalized with audits and grant programs.

### Will there be re-occurring developer events?

Yes, developer meetings and events are planned to present our monthly tech progress and move into a more transparent development process. You can now find and discuss weekly tech updates within the official [LUKSO Discord](https://discord.gg/lukso) server.

### Will there be another LUKSO Hackathon?

Yes, we’re planning and preparing future hackathon projects. For official announcements, please follow our [LUKSO Twitter](https://twitter.com/lukso_io) account. You can already have a look into the developer channels on our [LUKSO Discord](https://discord.gg/lukso) in order to find teammates or project ideas.

### Is there going to be a grants program?

Yes, We're preparing to launch the grant program after the mainnet migration process is fully finalized. As you can see in the [LYX distribution](https://medium.com/lukso/the-lyxe-migration-process-374053e5ddf5), there are reserves and the foundation's treasury to support grants and drive the development of the network.

### Will there be DappNode or Avado Support for LUKSO?

We are collaborating with the [DappNode](https://dappnode.com/) team to provide official support for the LUKSO blockchain. The support will likely be available within the launch process. However, we do not have information about potential other node providers adding support.

### Will there be a Ledger integration for LUKSO?

You can use your [Ledger](https://www.ledger.com/de) to store LYXe and LYX already using the Ethereum application. Before the mainnet launch process is not fully completed, there are no active approaches to adding official integrations to hardware wallets. Please note that it is not within our sole control, as external wallet providers decide which blockchains to add.

### Will LUKSO be listed on additional exchanges?

Other exchanges than [KuCoin](https://www.kucoin.com/de) and [GateIO](https://www.gate.io/) may join and list LUKSO, but this is not under our sole control. While the network grows adoption by finalizing the mainnet launch process and enabling regular validators to join the network, there will be more interest in external services to support our blockchain.

### Is it planned to have a video guide about setting up a node?

Setting up a node exceeds the network configurations and LUKSO CLI. Complete node setups depend on many influences, such as the operating system, security measures, server location, network configurations, and hardware. Due to the various configurations, we cannot issue a standardized guide. However, you can check the [Community Guides](https://docs.luksoverse.io/) by Luksoverse or join the [ETHStaker](https://discord.com/invite/ucsTcA2wTq) Community Discord to get comprehensive knowledge about running a node for EVM networks.

### Will there be a Mobile Application for Universal Profiles?

Yes, LUKSO is actively developing a mobile addition to the browser extension, letting you interact with your Universal Profiles on the go. There is no strict release date planned, but we aligned the development of the Mobile and Browser Extension in order to be able to quickly implement features on both sides.
42 changes: 42 additions & 0 deletions docs/faq/lukso/general-information.md
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# General Information

### What is the LUKSO Network?

LUKSO is a Layer-1 blockchain network dedicated to existing and coming digital lifestyles and creative use cases. It is built on the EVM framework and compatible with all other platforms or protocols built on Ethereum.

### Will LUKSO be the main platform to integrate LSPs?

The LUKSO blockchain will be the first mover for LUKSO Standard Proposals. In conjunction with the surrounding ecosystem, Universal Profiles greatly enhance the interaction and convenience of managing LSPs. This advantage stems from the **seamless integration of Universal Profiles**. With a dedicated network like LUKSO, we can implement well-thought-out, upgradable standards directly from the start. This clean-cut approach allows us to bypass the challenges of retrofitting standards into an existing system.

### Who defined the LUKSO token supply?

The genesis validators of LUKSO collectively determined the token distribution of 42M LYX by voting for it while depositing LYXe, after 3 different options were given by LUKSO. After the [Genesis Validator Contract](https://etherscan.io/address/0x42000421dd80D1e90E56E87e6eE18D7770b9F8cC#code) was closed, the network started with the related genesis files.

### Why did LUKSO launch as Layer-1 Blockchain?

LUKSO is an L1 blockchain designed to provide **distinct security, interoperability, and adaptability advantages**, creating a network effect that supports a newly independent economy without compromising its key aspects.

LUKSO is dedicated to constructing standards that **significantly enhance the user experience of blockchain** technology. However, the full potential of Universal Profiles can't be realized if only a fraction of the network is onboarded through it. Interactions between profiles bring substantial value, and making Universal Profiles the initial accounts through which users are joining guarantees easy usability and upgradability for everyone. Creating a new network offers a space to **evolve and refine** these new concepts **without the hindrance of constraints** from current landscapes and without the obligation of being fully backward compatible.

LUKSO also wants to ensure **smooth user onboarding** and subsidize early adopters using Universal Profiles. Creating a network effect of convenience through subsidization would not have been sufficient on existing Layer-1 blockchains due to high gas costs or Universal Profiles being a smaller subset of deployed accounts.

Despite L2 solutions offering lower costs, they often suffer from interoperability issues, governance concerns, and the need for rolling back data to the main network, **risking the siloing of assets and profiles**. Depending on the rollup type, different sacrifices like calculation, smart contract execution, or finality time have to be made on top.

Rollups, while providing scalability, present their challenges. They are only as secure as the speed at which assets can be exited to the main chain. Moreover, **not every protocol or activity** implemented on the rollup **can be exited**, as not everything is an asset. This limits their applicability and functionality for new account systems.

While standalone applications might not see the necessity of having their own Layer-1 network, LUKSO provides a **distinct realm for a new** core blockchain **account ecosystem**, necessarily needing the robust and secure foundation to utilize its full potential.

### What's the token distribution of LUKSO?

Please look at our official [Network Migration](https://etherscan.io/address/0x42000421dd80D1e90E56E87e6eE18D7770b9F8cC#code) article to see the distribution amounts and listing of the final supply. Previous distributions have been outlaid in our [Genesis Validator](https://medium.com/lukso/its-happening-the-genesis-validators-are-coming-ce5e07935df6) announcement.

### What's the difference between LYXt, LYXe, and LYX?

- **LYXt** is the currency for developers used on our official LUKSO Testnet without monetary value. LYXt can be required for free using the [Testnet Faucet](https://faucet.testnet.lukso.network/). The Testnet is maintained by a set of whitepisted node operators to ensure stability.
- **LYXe** is the representation of LYX on the Ethereum Blockchain, used to start off the LUKSO Mainnet in a distributed way. It was created in 2020 during the [rICO](https://medium.com/lukso/re-launching-the-reversible-ico-5289989ce7ed) of LUKSO and started as main token before the mainnet was released.
- **LYX** is the official coin of the LUKSO Blockchain, similar to ETH on Ethereum. People that acquired LYXe before the mainnet launch can migrate their LYXe to LYX using the [LUKSO Migration Bridge](https://migrate.lukso.network/).
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