Well, these are like 3 questions in one
I will to elaborate separately on all different aspects:
Technically speaking LUKSO is an HBBFT network with a smart contract delegated Proof of stake governance.
In its core it is running an EVM, so it’s compatible with most smart contract tooling out there.
The throughput can easily be around ~500 tx/s, but the final test can be a lot higher, we will know once we have the HBBFT test-net running.
We currently have a PoA test-net running at https://l14.lukso.network.
And when it comes to the key features of LUKSO, we see 3 tools as the main building blocks – the core of facilitating mainstream adoption of blockchain technology.
With a proper internet-of-value we can hopefully effectively disrupt the Web 2.0 internet business model of data harvesting and unwanted ads!
The 3 building blocks are:
– Digital Certificates and Digital Identities: for physical and digital products, Think about this as NFTs 2.0. We have worked a lot with Fashion Brands to make their items truly unique and identifiable on the Blockchain.
– Universal Public Profiles: imagine your FB, IG, TW, and Google profile in one place. Owned by you and managed solely by you. These profiles are effectively the gateway to the “multiverse.”
– Community and Personal Tokenization, we think about this as “Cultural Currencies”, it is the ability to tokenize objective and subjective assets.
We have been working for the last 1,5 years on a set of applications and MVPs with our partners.
One of the things we are building is what we call a “Lifestyle Wallet”, to be released with our Mainnet launch in the Spring of 2021.
My partner Fabian has an incredible track record on Standards development (he authored ERC-20 andERC-725), and we are moving forward, by creating the next generation of truly interoperable and future-proof NFTs standards.
If you guys want to know more about LUKSO’s applications, please check our Whitepaper, we have 100 pages of use cases exploration within the Lifestyle world:
https://bit.ly/LUKSOWhitepaper
and finally, regarding my motivation: Blockchain has not yet touched the masses nor the creative industries, and it’s either too techie, complicated, or nerdy for most people. We want to change that and build an ecosystem for applications anyone can use. This mission we share with WOMprotocol.
We are building tools and applications that make it easier and more accessible for developers, regular users and creative producers to use the LUKSO Blockchain, on top of what the Ethereum community has already built Remember LUKSO uses the EVM, so all things from ethereum work on LUKSO as well.
Our goal is to make the Blockchain “invisible” and the applications incredibly beautiful.