Emergency Switch Functionality for Lelantus / Lelantus Spark: To extend or retire?

An extension of 12 months

When will Lelantus Spark launch? After launch, it should be promoted to let as many people as possible know about it and migrate it.

1 Like

If 99% of lelantis coins have been made transparent and it’s been a while then perhaps it can be switched off. Although leaving anyone high and dry is not good and maybe there is something further that can be done

Yes but is there no way to know in total how many have been converted?
That i thought should be possible, if nothing just for the sake to know if there has been a hack…
Anyway if we can do that then we can move to the proofing part …

I’d like to ask for a simple way to check if I have to migrate. I don’t know what my addresses are and probably many users will need help either

6 months
In the forum Twitter and all media, set the top of the message.
Repeated warnings once a week: If they do not convert will loss all coins.

Learn the lesson of Tornado and take action ASAP.

1 Like

For sure, on all our official wallets, it would prompt you for this and it should be a one click thing to move it into transparent.

1 Like
  1. Extend Lelantus emergency switch for at least 1 year.
  2. Implement emergency switch for Lelantus Spark for at least 1 year.
  3. I’m assuming there’s a way to determine how many unspent Lelantus mints are remaining - even though you can’t tell the value - and wait until the number is small enough to be ā€˜reasonable’ (less than 5?). Can spends then go into a manual mode after that - this would unfortunately require centralization with the team ā€˜approving’ any spends from the unspent Lelantus mints after a certain date - this would prevent the ā€˜coma patients’ from missing out when they wake up. Not sure if this would even be technically possible. Maybe the best idea is just make the conversion time longer - like 2 years with no exceptions - but this would extend any attack vectors longer - not sure which would be best.
  1. extend, but only 6 months (you can always re-visit/vote on this again)
  2. 12 months
  3. 12 months
  1. No extend, stop it
  2. 12 months
  3. 12 months
  1. 12 months
  2. 12 months
  3. 18 months

If this is feasible then this would be great

  1. To extend Lelantus emergency switch or let it expire?
    My understanding is that the emergency switch is there in case of problems with the code that allow exploits, surely this version has been battle hardened enough not to need this switch any longer? I would vote for turning it off if the devs agree that there is unlikely to be another reason to use it . . .

  2. To implement emergency switch for Lelantus Spark or not? If so for how long?
    Yes, definitely needs to be implemented. It should be left on for at least a year, or until the feds write more laws that impinge on the development of privacy coins, we don’t want the awesome FIRO team to get into trouble! It could be extended again like the Lelantus switch has been.

  3. How long should we give for Lelantus users to bridge out before we stop allowing Lelantus spends?
    This should be as long as possible, imagine the bad publicity for the coin if the aforementioned coma sufferer awakes to find all his FIRO gone!

The core team will be making a decision soon on this so please ensure to make sure you have weighed in so that we can consider all your feedback!

Has Lelantus Spark started auditing yet?

Yes already being audited but out of topic.

Lelantus pool will close in ~285 days at block 1223500

2 Likes

Heads up that the emergency switch for Lelantus and Spark will be expiring in roughly 130+ days. As a reminder, core team currently has ability to switch off Spark and Lelantus if there’s an exploit detected.

Core team won’t be recommending an extension of this but giving a chance for community to voice any concerns. There are still heavy consequences in the event of an exploit but core team should not retain powers longer than it has agreed with the community.

Extending the spork is easy but reinstating it is slightly harder.

When will Spark assets functionality be released ? If that date is, let’s say 7-8 months away then we should extend the Spork.

1 Like

Yeap around there. What is everyone’s else opinion?

1 Like

My gut feel is - keep the Spork feature available until a while after the major new features have been implemented in Firo (Spark assets etc. and as with previous discussions in this post, until Lelantus is disabled in about 1.25 years). Remember when Firo got 51% attacked a week before Chainlocks were implemented (obviously not a coincidence - a lot of pre-planning went into that attack). If people know Firo can lock things down with Sporks they may be less likely to do bad things (until a week after Sporks is turned off … hehehe).

3 Likes