LATOKEN Announcements
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Welcome to LATOKEN Announcements.
TG Group: https://t.me/latoken
Website: http://latoken.com
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Valentin is speaking at the Blockchain conference about transforming ICO hype into a useful technology.
We just arrived in Tokyo as a part of our Asian road show, and immediately came to one of the biggest blockchain meetups in town. And tomorrow we’re hosting our own Blockchain Reception
https://www.facebook.com/LiquidAssetToken/videos/151302725505805/

LAToken is finally in Tokyo, holding the first Blockchain Reception with 100+ local blockchain leaders.

We’ll discuss executive summary of the blockchain revolution and use cases for our protocol and tokenization. We’ll also talk more about the Blockchain Economic Forum in Singapore on February 1-3.

Join LiveStream now, ask questions and leave comments.
Good day!

This week we were primarily focused on the internal security enhances and minor bug fixes on the platform.

First of all, we have created 4-layer transactions security system which checks and double-checks all transactions on the platform. Some of our users could experience it themselves - there were problems with "double data" transactions during the token sale - all this cases are fixed and everybody got their tokens automatically today.

It's a very important enhance for us - it enables us to be 100% sure that all LA, ETH and asset-linked token balances are correct, which means we can deposit/withdraw everything instantly in the most of the cases. The new withdrawal system is on the way and will be released right after a few more important updates next week.

The second update is the authorization system. Many of you have heard about some sign-in problems ( "I can't sign in, help me" 🙂). It was caused by our very strict ban-system - there were several threats during the token sale. Currently, we have more smart attack-detection systems, so IP-ban is not neccessary. Few fixes related to email/phone/2-FA verification were done as well.

The third update is our first expiration date. A lot of assets published in August are expired right now. As it was stated before, all such tokens are redeemed and their holders will get their LA at the market price in the next 24 hours.

So, our goals for the end of this week and the next week:
1. Finalizing LA/ETH pair as a result of our long working process for the last 3 weeks
2. Fully automated withdrawals with participation of humans in the rare cases (or not at all)
3. Opening platform - authorization will be required only for trades
4. Big trading design update
5. Integrating Bitcoin - it's already working in the test mode
LAToken team is now in Seoul. We already had meetings with local investors and lawyers, discussing the regulation in South Korea and the potential of tokenization.
And now we’re on our way to LAToken Blockchain reception, where we’ll talk to 100+ Seoul blockchain leaders. We’ll start the Livestream in 45 mins, and share the link with you.
LAToken Team is now in Seoul.

We already met with local crypto investors and lawyers to discuss regulation, and now we're hosting a blockchain reception with 100+ South Korean blockchain experts, entrepreneurs and enthusiasts.

Join the LiveStream

https://www.facebook.com/LiquidAssetToken/videos/152364938732917/
LAToken managing director Roman is presenting the results of LAT Crypto research, estimating that total market cap can reach $5tn by 2025
We have a great crowd here, the room is full
Having lunch with Steven Ying from TNG, Hong Kong’s #1 e-wallet with 600,000 downloads, and professor Michael Sung, Managing director at CarbonBlue
150+ local blockchain leaders came to our reception in Singapore. Having a heated discussion here
Good day!

This week was very intense.

The main thing we've been working on - adaptation of the system for high loads in different directions.
First of all - CryptoKitties showed, that you can't be sure of anything in the Ethereum world 🙂
We had to change withdrawals/deposits system again to solve the problems with "not mined" transactions: default amount of blocks after which Ethereum thinks that transaction was not mined is 50. But it doesn't work now - for some transactions, you have to wait for 80-90 blocks. So, as we couldn't wait for the update of Ethereum clients, we had to implement such modifications by ourselves.

We think that it is the last fundamental update of the withdrawal system and currently it should work very smooth. The queue of transactions will be processed the next few days (I hope it will be done tomorrow).

The second step of adaptation for high load is microservices architecture. We are increasing potential capacity of our servers and infrastructure to fit high loads on our servers in the near future after the few big news.

The third thing - expiration date. As we stated last week - all asset-linked token holders should receive their LA and they have successfully received them. It was done in an automated way, so it will be done much faster on the next expiration date (will be announced soon).

The fourth thing is not very related to the development itself, but it has been one of the main activites this week - hiring. More than 30 interviews with high skilled developers from our weekly blockchain meetups give us a strong way to scale our dev team and to be capable of creating highly demanded features for our platform faster to make you happy 🙂

Thank you, stay tuned!
Hosting another #ChainDev meetup, discussing CryptoKitties phenomenon with blockchain developers. The main part of the event is a workshop on developing new apps, like Tinder on blockchain