Lonero

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Lonero
IndustryCryptocurrency
Founded2018; 6 years ago (2018)
FounderAndrew Kamal
Websitelonero.org

Lonero was made in 2018 by Andrew Kamal as a cryptocurrency concept. The website for Lonero has a “Powered by Stark Drones” banner.[1] In the whitepaper, Lonero has been described as, "a newly emerging cryptocurrency that aims to be the future of digital cash".[2] Lonero also claims to want to focus on stability, be extremely decentralized, and have consensus protocols that support less barriers amongst ASIC vs. Non-ASIC systems. They also claimed to want to utilize ring signature protocols and have a utilization of both PoW (Proof of Work) and PoC (Proof of Capacity or Proof of Space) mining.

Development

On July 3rd, 2018, an article was published on medium.com titled, “Lonero, The Biggest Project that Won’t ICO” as a Lonero blog post.[3] That article provided a brief introduction to Lonero. It mentioned things such as its very own masternode consensus known as HashBolt. In relation to not doing an ICO, the founder and dev team stated, “An ICO isn’t always necessary for driving innovation in the blockchain industry. Blockchain projects should not be profiting until their technology has been developed and is live. Most of our technology has already been developed. We are sticking strongly to our promise that Lonero will be developed and released without an ICO”.

Subsequently, another post on Lonero was posted on July 25th, 2018. The article directly stated, “The Lonero team also plans on using their Hashbolt Masternode technology to allow both ASIC and Non-ASIC systems to profitably mine and transact their privacy focused coin.”[4] In their documentation page, it specifically states that, “Lonero outperforms leading privacy coins by integrating HashBolt, higher block size, segregated witnesses, as well as a lightning network”.[5] Part of their abstract also mentioned that they aim to one day be, “institutionally compliant while still allowing a libertarian like usage”.[6] Since then, Lonero has been actively developing new software and even released an SDK and OS.[7]

Whitepaper

The original whitepaper for Lonero was published in July 2018.[8] As a result, the Lonero cryptocurrency project was introduced, and some of its initial algorithmic capabilities and architecture were mentioned. Lonero was meant to be specifically a cryptonote-based currency with its own blockchain. In the specifications, Lonero is described as having four different parts: the HashBolt Masternode consensus, its DAO integration, Cryptonote’s ring signatures, and multipath layer security. The name Lonero rhymes with dinero which means money,[9] as well as rhymes with another popular cryptonote-based currency known as Monero.[10] The L stands for lightning.[11]

Crypto

Lonero as a cryptocurrency underwent various seed nodes and seed node transfers, as well as concept iterations.[12] The crypto ticker for Lonero was LNR, and the cryptocurrency is mineable through various ways. For multiple times, they have talked about their different architecture and have emphasized the importance of making room for both ASIC and Non-ASIC systems.[13] This along with the Markle tree architecture were specifically touted when mentioned alongside the cryptonote integration. Lonero was also on the website BetaPage.[14] Various open-source hardware projects were built with LNR as an integration,[15] and the Lonero Foundation at one point proposed the idea of an adoption network for newborn children with open-adoption agreements.[16] An idea like that can potentially impact millions. Lonero also tried running an open-source student hackathon meant to spread awareness for distributed computing, Lonero, and various research.[17]

QT Wallet

On December 14th, 2020, Lonero had a QT Wallet release.[18] The QT wallet was a fork of the Luka Wallet which originated from various other source code as well. As a result, the wallet GUI was under the GNU General Public License v3.0. Also noted is that CMake and libboost were utilized for compiling.[19]

Mining

Lonero had various mining configs and integrations. Among these included hpool, NOMP, OSMP, YAAMP, UMOMP, P2Pool, Stratum, Coinium, CoinHive, CPUMiner, MultiMiner, MiningCore, and Poolserver. They also had a guide on making a mining pool.[20] Development seemed to have been based off the Cryptonote Universal Pool. Most of the Cryptonote Universal Pool was coded with the Node.js framework. It was primarily coded using HTML, JavaScript and CSS.[21]

Configs

Besides the various mining configs that Lonero had, Lonero seemed to have various other configurations and integrations as well. Lonero has been supporting the development of the LonScript programming language. LonScript has its own unique grammar and syntax.[22] This is an important part of the history of Lonero. Also, Lonero did have a Paerio config and had configurations for CoffeeMiner, Open Exchange, Homebrew, and Lamassu Server.[23]

Open Hardware

Lonero (LNR) does have various open hardware integrations. Among these include a kinetic miner concept,[24] and the Lonero ATM Project which is a fork of openbitcoinatm.[25] That project had various disclaimers with its usage. Lonero as a foundation, oversaw the development of PeerTop and ChainBoard. The openness of those two projects is yet to be questioned. PeerTop and ChainBoard are so far closed-source.[26]

Decentralized Internet

Lonero oversaw the development of the Decentralized Internet through the decentralized-internet SDK.[27] Part of Lonero’s mission was to support decentralization, and the SDK they worked on is an SDK/library for decentralized web and distributing computing projects. It has been actively maintained through a single repo and is hosted across various places. Programming languages that it integrates includes Python, JavaScript, Haxe, HTML, and Shell (amongst others). The SDK has an extensive usage guide. It can be utilized for building a large-scale grid computing network.[28] Stark Drones which helps Lonero with its distribution, have said that it hoped the SDK would power 6% of the internet by the year 2024.[29] The SDK have continuously been actively developed.[30]

The SDK

The decentralized-internet SDK includes a collection of various repos made for building decentralized web projects. In its features, the first thing mentioned is the ability to utilize the SDK to build an offline centered network.[31] The SDK has been primarily built to be on NPM but have since expanded. They’ve done various releases of that SDK including for Linux, Windows and Mac, most of which are non-compiled source code.[32]

Integrations

The decentralized-internet SDK had integrations across various platforms. Among these integrations include NPM, Julia, DUB, YARN, PIP, APM, GEM, PNPM, CNPM, Ember, Spack, Raco, Meteor, VS Code, Leiningen/Boot, SNAP, Bower, Docker, Clojure, Gradle, SourceForge, Sysget, Maven, Dart, Cordova, bit export, PuppetForge, DigitalOcean, Tidelift and many others. Documentation guides were also available on Android through Opera, Uptodown, and Google Play. There were also various third-party integrations and a browser extension. The SDK was mostly consistently maintained.[33]

Lonero OS

Lonero oversaw development of the Lonero OS. The OS included uncompiled source binaries of: GitPrep, SMesh, Kademlia, Beaker Browser, and VPNBook. It also had Telegram Desktop installed and DuckDuckGo was the default browser setting.[34] The OS was primarily hosted on SourceForge,[35] and can also be installed via Docker.[36] They also created a quite different Android OS VirtualBox beta.[37] The Android release had various privacy-centric features. The full Lonero OS is being utilized for various projects or demonstrations including both on the software and hardware scale. Stark Drones is helping oversee its distribution.[38]

Proof of Computation

Lonero is behind Proof of Computation as a hybrid alternative to traditional PoW consensus. Lonero integrated PoCP or Proof of Computation through its HashBolt system.[39] They even state that, “Lonero's mining system eventually wants to adapt to an experimental "Proof of Computation" mining algorithm so that everybody can participate in the network”.[40] They have mentioned various ways to run masternodes and have stated compatibility with wine or on the Ubuntu terminal for Windows 10.[41]

Bitcoin Efficient

Bitcoin Efficient is a conceptual fork of Bitcoin that is supposed to be focused on being more energy efficient.[42] It utilizes Lonero’s PoCP. BitBadges is also a project that utilizes PoCP and is labeled as a “Privacy-Preserving Distributed Identity Offline-First PoCP Blockchain Paradigm”.[43] Bitcoin Efficient is meant to change the way Bitcoin is currently mined and improve blockchain validation. It has been actively undergoing continuous development.[44]

The HashBolt Blue Shoes

A brand known as Mohsa Footwear previously released the HashBolt Blue Shoes which were designed by Andrew Kamal.[45] The custom shoe concept is inspired by Lonero and Andrew “being a fan of Seth Fowler, with its own Detroit style flair”. The custom shoe is made in Italy and is handcrafted with Italian leather. They are basketball shoes with a chunky basket design.[46] The shoes’ release was announced on April 23rd, 2020. It has an iconic dark blue, and glossy look and finish.[47]

In the media

                 

References

  1. ↑ "Lonero". lonero.org. Retrieved 9 January 2023.
  2. ↑ "Crypto — Lonero Documentation 0.4.3 documentation". lonero.readthedocs.io. Retrieved 9 January 2023.
  3. ↑ Kamal, Andrew (4 July 2018). "Lonero, The Biggest Project that Won't ICO". Lonero. Retrieved 9 January 2023.
  4. ↑ Kamal, Andrew (25 July 2018). "What makes Lonero Different?". Lonero. Retrieved 9 January 2023.
  5. ↑ "Lonero Community — Lonero Documentation 0.4.3 documentation". lonero.readthedocs.io. Retrieved 9 January 2023.
  6. ↑ "Crypto — Lonero Documentation 0.4.3 documentation". lonero.readthedocs.io. Retrieved 9 January 2023.
  7. ↑ "Lonero GitHub". GitHub. Retrieved 9 January 2023.
  8. ↑ "Lonero_Whitepaper". researchgate. Retrieved 9 January 2023.
  9. ↑ "dinero". collinsdictionary. Retrieved 9 January 2023.
  10. ↑ "The Monero Project". getmonero.org, The Monero Project. Retrieved 9 January 2023.
  11. ↑ "Lonero Home Page". lonero.org. Retrieved 9 January 2023.
  12. ↑ "Lonero Seed Node". lonero.readthedocs.io. Retrieved 9 January 2023.
  13. ↑ "Lonero - What are Merkle Trees?". lonero.readthedocs.io. Retrieved 9 January 2023.
  14. ↑ "Lonero Betapage". betapage.co. Retrieved 9 January 2023.
  15. ↑ "Open Hardware Projects Utilizing Lonero: Kinetic Miner and Lonero ATM | HackerNoon". hackernoon.com. Retrieved 9 January 2023.
  16. ↑ "An Idea By Lonero That Can Change Millions Of Lives | HackerNoon". hackernoon.com. Retrieved 9 January 2023.
  17. ↑ "An Open Source Lonero Student Hackathon | HackerNoon". hackernoon.com. Retrieved 9 January 2023.
  18. ↑ "Releases · Lonero-Team/Lonero-Wallet-2.0". GitHub. Retrieved 9 January 2023.
  19. ↑ "Lonero Wallet". github. Lonero. 11 March 2021. Retrieved 9 January 2023.
  20. ↑ "Make a Mining Pool — Lonero Documentation 0.4.3 documentation". lonero.readthedocs.io. Retrieved 9 January 2023.
  21. ↑ "cryptonote-forknote-pool". github. forknote. 27 May 2022. Retrieved 9 January 2023.
  22. ↑ "LonScript". github. Lonero. 23 August 2020. Retrieved 9 January 2023.
  23. ↑ "Lonero Repositories". GitHub. Retrieved 9 January 2023.
  24. ↑ "Lonero-Team/Kinetic-Miner". github. Lonero. 12 January 2021. Retrieved 9 January 2023.
  25. ↑ "Lonero ATM Project". github. Lonero. 12 January 2021. Retrieved 9 January 2023.
  26. ↑ "PeerTop Lonero OS Laptops". lonero. Retrieved 9 January 2023.
  27. ↑ "Decentralized Internet 💻". github. Lonero. 6 January 2023. Retrieved 9 January 2023.
  28. ↑ "Decentralized Internet Documentation". lonero.readthedocs.io. Retrieved 9 January 2023.
  29. ↑ "Stark Drones Equity Crowdfunding Campaign Trailer". youtube. Retrieved 9 January 2023.
  30. ↑ "The Decentralized-Internet Open Source Project on Open Hub". www.openhub.net. Retrieved 9 January 2023.
  31. ↑ "Decentralized Internet Features". github. Lonero. 6 January 2023. Retrieved 9 January 2023.
  32. ↑ "Decentralized Internet Releases". GitHub. Retrieved 9 January 2023.
  33. ↑ "Decentralized Internet Main Installation Methods". lonero.readthedocs.io. Retrieved 9 January 2023.
  34. ↑ "Lonero OS - Features". lonero.readthedocs.io. Retrieved 9 January 2023.
  35. ↑ "Lonero OS". SourceForge. Retrieved 9 January 2023.
  36. ↑ "Lonero OS Dockerhub". hub.docker.com. Retrieved 9 January 2023.
  37. ↑ "Lonero OS - Browse /LNR_Droid_v1 at SourceForge.net". sourceforge.net. Retrieved 9 January 2023.
  38. ↑ "Stark Drones - OS". www.starkdrones.org. Retrieved 9 January 2023.
  39. ↑ Kamal, Andrew. "HashBolt". lonero.org. Retrieved 9 January 2023.
  40. ↑ "Lonero - Proof of Computation". lonero.org. Retrieved 9 January 2023.
  41. ↑ Kamal, Andrew. "HashBolt - Hardware". lonero.org. Retrieved 9 January 2023.
  42. ↑ Kamal, Andrew (14 May 2021). "Consensus (Hard Fork) PoST Datastore for Advanced Cryptography and Higher Efficiency Mining". engrxiv.org. Engineering Archive. Retrieved 9 January 2023.
  43. ↑ Nassief, Andrew M. K. (2021). "A Privacy-Preserving Distributed Identity Offline-First PoCP Blockchain Paradigm". Cryptology ePrint Archive. Retrieved 9 January 2023.
  44. ↑ "Bitcoin Efficient: Introduction to the Concept | HackerNoon". hackernoon.com. Retrieved 9 January 2023.
  45. ↑ "HashBolt Blue". Aliveshoes. Retrieved 9 January 2023.
  46. ↑ "Customer FAQs about Buying Mohsa Footwear Shoes - HashBolt Blue". www.aliveshoes.com. Retrieved 9 January 2023.
  47. ↑ "HashBolt Blue Collaboration Announcement". Minds. Retrieved 9 January 2023.
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