Jaxx – Monero Integration Update

For those of you that don’t know we at Decentral recently joined the Monero community and are working on integrating Monero to our Jaxx Wallet. Jaxx is a free multi-token, multi-platform light wallet that’s dedicated to uniting the crypto-ecosystem and providing an interface to Blockchain tech (in a similar way the browser unleashed the power of the internet to the masses). Among other things, it is the goal of Jaxx and Decentral to allow people to be in full control of their digital lives. All keys in Jaxx are held client-side and a single 12-word backup phrase allows for the derivation of the keys to all tokens we support, and will ever support. Also, all our products are design and user experience driven as we make stuff for the masses, so that people (like my non-technical Dad) can have a great experience.

One thing I’d like everyone to remember and keep in mind is that we’re still very new to the Monero community and much of the history of the project is not clear to us still. As you read the rest of my message, please keep this in mind and know that we are not trying to call anyone out or cause conflict in the Monero community. We just want to see Monero thrive.

Here we go.

Monero integration has been on a radar for over a year and over the past weeks and months we dove headfirst into XMR and have since spent more than 400 hours working on this particular integration. During this time we have gained massive knowledge on the inner workings of the Monero protocol, and of the Monero development ecosystem. Our goal is to provide a lightweight (~3 meg) solution for the Monero community that will allow them to manage, send and receive XMR on pretty much any platform or device.

As a result of working to integrate other projects, our 3 years of experience developing wallets, through my experience as a founder of Ethereum, as an early Bitcoin adopter and community builder, and via extensive research and code creation we’ve done for Monero, we believe to have determined the critical issues that are leading to problems with Monero growth and that these problems are hindering the adoption and success of the Monero ecosystem.

As such we are putting a call out for support from the Monero development community to help us break through these problems. We are confident that if these roadblocks can be bypassed, Monero has a great chance to flourish. We believe that unless solved, these issues will greatly hinder Monero’s ability to compete with projects that have similar features.

Before I get into the issues I want to explain and give some background on how our integration process usually works when we tackle a new project, then I’ll explain how things are currently working with the Monero Integration.

Our goal is to implement an XMR lightweight wallet in Jaxx that connects with a high level cryptocurrency API. In most cases (with our previous integrations) there is an existing client library to use for the particular token in question. We have a full stack blockchain development team of 9 that can go from modifying cryptocurrencies nodes to providing high level APIs. We first start any project by making feasibility analysis to check how easy or difficult is to integrate a light wallet with a cryptocurrency. When we see critical unsolved issues or roadblocks, we talk with the specific cryptocurrency team as early as possible. If they have the resources they help us to mitigate those issues. When they don’t have the resources to make the necessary changes, we take the responsibility for these tasks but they provide some guidance based on their expertise.

That’s how things normally work. Here’s how it’s working with Monero.

We researched the feasibility of providing a light wallet for Monero and found the main challenges to be:

  1. Non-existing lightweight client library support (for a project as old as Monero its peculiar no dev has done this)
  2. We would have to implement support for anonymization features.
  3. There are RPC (Remote Procedure Calls) API Limitations that would require changes in the Monero daemon

Here’s what we’ve been able to accomplish so far:

  1. Finish a Monero javascript client library
  2. Use the same approach as MyMonero re anonymization (e.g. persisting the viewkeys)
  3. Modify Monero Core to support a lightweight wallet.

Currently we are developing an API on top of monerod to provide additional web services.

Now here’s the problem.

We have realized critical issues that are difficult to solve at the RPC API level without the development community’s support. Basically we would like to get the global indexes in the transaction output via the RPC API, which are required for sending transactions, but when we call methods such as gettransactions we don’t receive this information. We also try to call the *.bin RPC methods as well but they return error code HTTP 404. Ok fine. If this method is not supported in monerod there are two alternatives: 1) either the core team can add them to make it easier for the entire community to build apps on top of Monero, or 2) we can modify the Monero node itself to add support for new RPC methods required for building applications (like the Jaxx wallet or any other wallet).

The problem with us choosing the second method is the amount of time it’s going to take us to “instrument” the code is unknown as this would be an intensive research project by people who didn’t work on developing any part of Monero. Like a needle in a haystack. Also, should we have to directly hook into the code it could become easily broken in the future as new code gets pushed by the Monero core team. If (and that’s a big if) we were to go down this route of instrumenting the code we would need a commitment from the Monero core team to accept the code push and to continue supporting it in the main branch.

Without either of these two options being completed it means that Monero as it is isn’t able to bring enough information outside of the node in order to develop a full wallet.

As mentioned in previous update posts, we’d like to thank Fluffypony for providing us with assistance with the integration. But we need more help than he’s been able or willing to provide. The issue is that his help has been limited as although he is a main contributor to Monero, he also owns MyMonero and has a profit incentive not to give away his “secret sauce” on the back-end. You see, MyMonero hooks right into the code and this coupled with him being one of the few main contributors on the Monero Github gives MyMonero an upper hand against other projects trying to create similar services.

We understand and accept Fluffypony’s motives and situation. He’s put a ton or resources and effort into Monero and into MyMonero. What we’d like to do is call on anyone else who may be able to help to break through these barriers. Please email me at anthonyATdecentral.ca if you would like to join our slack channel and see if we can crack the problem’s we’ve identified and are facing. We fear if we don’t have more assistance from core Monero devs to act as guides we (or anyone else for that matter) will not be able to bring the products and services necessary for the Monero community to flourish.

Have a great weekend all!

Anthony Diiorio

CEO & Founder

Decentral / jaxx.io

Jaxx Announces Rootstock Integration at laBITconf

 

Announcement comes as Rootstock officially unveils their smart contracts based platform

 

Buenos Aires, ARGENTINA – 5 November 2016 – Decentral, creators of the universal wallet Jaxx, announced today the integration of Rootstock’s token RSK “Smart Bitcoin,” into their suite of software products. Jaxx becomes the first blockchain wallet to effect the integration, which will give users an opportunity to access the testnet version of the token, powered by smart contracts secured by the bitcoin network. Rootstock is immediately available on 7 of Jaxx’s 9 platforms, with support for iPhone and iPad expected shortly. The announcement comes as Rootstock executives took center stage at laBITconf to officially unveil their platform to the world’s leading blockchain experts, fintech innovators and international reporters. The concept of Rootstock is to provide faster bitcoin transactions and larger scalability, with payment confirmations occurring almost instantly.

 

CEO of Jaxx Anthony Di Iorio said, “Rootstock’s platform is a remarkable way to enhance the the efficiency of transactions and in turn, the entire bitcoin ecosystem. We’ve seen great interest in their project and we are big fans of the development team. Jaxx is thrilled to add the yellow label version of their coin on our wallets, and look forward to adding the main-net version in the coming months.”

 

Rootstock is an evolution of QixCoin, a turing-complete cryptocurrency created back in 2013 by the same development team. Rootstock will facilitate over 300 transactions per second and confirms payments in less than 20 seconds. The platform will combine the capabilities of Ethereum with the security and transparency of the Bitcoin network, using sidechain technology and a merged mining approach.

 

Diego Gutierrez Zaldivar, co-founder of Rootstock said, “Rootstock is not new in that it inherits intellectual work from previous projects, but what is new, is the way we create economic incentives and the way we leverage on top of the bitcoin security model. Our partnership with Jaxx is a landmark one for us, because they produce full featured, easy to use wallets on more platforms than anyone else.”

 

The main-net launch of Rootcoin will occur in early 2017.

 

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Jaxx CEO Anthony Di Iorio is available for interview.

 

About Jaxx:

Jaxx is a multi-token blockchain wallet that provides a unified experience across 9 platforms and devices, including Windows, Apple and Linux desktops, Apple and Android mobile devices and tablets, as well as Google Chrome and Firefox extensions. The Jaxx wallet enables crypto-to-crypto buying and selling with frictionless in-wallet conversion. Users are always in control of their keys and Jaxx neither holds nor has access to customer funds. Design and user experience driven, and built with simplicity in mind, Jaxx’s mission is to become the interface to the blockchain world.

To learn more, visit jaxx.io

Media Contact:

David Wachsman

Wachsman PR

(212) 835 2510

[email protected]

Zcash goes live on Jaxx!

 

Integration complete on 7 of 9 Jaxx platforms.

 

Toronto, ON – November 1, 2016 – Decentral, creators of the universal blockchain wallet Jaxx, announced today that Zcash’s integration is officially complete. Due to significant community demand and interest in Zcash, Jaxx aimed to ensure the new coin was available as close as possible to its official launch date. As of Tuesday morning EST, Zcash is immediately available on 7 of Jaxx’s 9 platforms, with support for iPhone and iPad expected in the coming weeks.

 

Founder and CEO of Jaxx Anthony Di Iorio said, “There’s a lot of buzz and excitement around Zcash. Our team has worked hard to speed up the integration process, to test it appropriately, and to provide thousands of customers with access to this coin as soon as possible.”

 

CEO of Zcash, Zooko Wilcox said, “Although Jaxx wallet doesn’t presently support all of the advanced privacy features of Zcash, it is a very easy way for people to access, send, and receive Zcash coins. I’m excited about Jaxx adding support for Zcash because it works on many different platforms and devices and it already supports other cryptocurrencies like Bitcoin and Ethereum.”

 

Zcash works by way of zero-knowledge proofs; the protocol allows for two parties to receive verified information without knowing who each other are, or seeing the subsequent data exchange. Zcash trades and payments will see transactions published on a public blockchain, with the option of keeping the sender, recipient, and amount confidential.

 

 

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Jaxx CEO Anthony Di Iorio is available for interview.

 

About Jaxx:
Jaxx is a multi-token blockchain wallet that provides a unified experience across 9 platforms and devices, including Windows, Apple and Linux desktops, Apple and Android mobile devices and tablets, as well as Google Chrome and Firefox extensions. The Jaxx wallet enables crypto-to-crypto buying and selling with frictionless in-wallet conversion. Users are always in control of their keys and Jaxx neither holds nor has access to customer funds. Design and user experience driven, and built with simplicity in mind, Jaxx’s mission is to become the interface to the blockchain world.
To learn more, visit jaxx.io

 

About Zcash:
The Zcash Company is a science-driven team; a combination of academic expertise in computer science and cryptography with security software engineering talent. We are developing the next generation of secure digital currency and blockchain technology through the use of zero-knowledge proofs, to guarantee privacy and confidentiality. We aim to set a new standard for privacy. The Zcash protocol is a decentralized and open-source cryptocurrency offering total payment confidentiality. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. It is based on peer-reviewed cryptographic research, and built by a world-class, security-focused engineering team. However, as with any new technology, there is risk involved. Currently the team is focused on building and maintaining an open, permissionless system that is viable, robust, and justifiably reliable and secure for users.