Chapter 2— The Receiver

LuksoCat
4 min readSep 30, 2024

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I’m sitting at the kitchen table with an unbroken cognitive maelstrom around LSP technology. “Focus on breakfast,” I tell myself. Coffee, black; two eggs, sunny-side up; the toast is slightly burnt. It’s okay — distant memories of Granddad saying something like, “A little char won’t hurt ya.” As a kid, I remember hating it that way, but I wouldn’t dare protest. I struggle to visualize Granddad’s face now, though occasionally glancing at old family photos fills in some of the missing details. But the presence of a man perpetually annoyed by all the ridiculousness around him is still palpable. Burnt toast is fine now, I guess — age does that to a person. Granddad always touted the idea that a good breakfast was the key to success. He died at sixty from a heart attack, and I have no insight into his personal finances.

The hierarchical family construct is typically a mess. Friends, colleagues, and various members within the bloodline often say, “But it’s your family, you have to love them.” I disregard their advice, having watched many of those same people suffer due to their own sage wisdom.

Current blockchain standards are also a mess! What we find ourselves in is like a lot like a group of people agreeing to build a massive sandcastle on the beach, only for each person to show up with a different blueprint, shovel, and idea of what a sandcastle even is. Some think it should be a towering fortress, others a humble mound, and a few insist it has to be an exact replica of the Taj Mahal. Meanwhile, the tide is coming in, but no one can agree on whether the ocean is part of the problem or part of the solution. They argue furiously about the type of sand, ignoring the fact that most people just want a place to sit and enjoy the sunset.

In the end, the sandcastle never quite gets built, but everyone feels very proud of the holes they’ve dug. And as the waves wash away their handiwork, they all nod solemnly, convinced that the next iteration — surely the next one — will finally solve everything.

LUKSO LSP’s spun in my mind like a carnival ride gone haywire—social, fashion, gaming, NFTs, and decentralized identity all mashed together in a future no one quite yet understood. I needed to spread the word but how? “I’ll write a book” I say aloud. In this department of life where most of my skills are average at best, I sometimes manage to string together a few coherent thoughts, no matter how abstract they seem — at least my wife assures me of this.

Where do I start? Well…“Fuck it, we roll” *I‘ll’ rearrange the pages later, or delete some, or add more, or maybe just toss this whole thought experiment out altogether, like the many other drafts I’ve created over the years.

LSP1: LUKSO’s “Universal Receiver” — a name so sterile it could have come from a dystopian government manual. But as bureaucratic as it sounds, LSP1 exists because, within this intergalactic blockchain universe, The Receiver is here to keep the peace. Currently, inside this cosmos, NFTs and tokens breed uncontrollably, forming incoherent streams of siloed existence. As new streams of data come to life, they must either be dumbed down to cooperate with the existing primordial lifeforms or live in their own separate, incompatible universes.

The Receiver, arguably the most important unsung hero within the LSP ecosystem is similar to a character standing at the edge of a black hole, clipboard in hand, sighing as it catches whatever digital detritus floats by. Tokens, NFTs, data packets — flung from every corner of the digital universe — LSP1 doesn’t blink. It catches them all and processes them with cold efficiency. It quietly works behind the scenes, keeping the universe intact one transaction at a time. Meanwhile, we, blissfully unaware, mint another stupid meme or shuffle tokens from wallet to wallet, all the while thinking we’re so very… very… clever.

I realize the parallels between my thoughts and the state of blockchain standards. Just like Granddad’s burnt toast and stubborn approach to his own personal existence, the blockchain world clings to old habits and ridiculously rudimentary systems. Standards and protocols all moving in disjointed, siloed directions, each trying to define their place in a universe that itself is still evolving. But dysfunction is not without its purpose. Much like the tangled webs of family, work, and relationships, the disorder creates opportunities for growth & innovation, even if it feels maddening in the moment.

Finishing my breakfast; I looked around, “God damn, I need to cleanup this mess.” So, with my plate cleared and the kitchen in disarray, it’s time to face the next question: If LSP1 caught the tokens, what will LSP2 catch? Spoiler alert: It’s you.

Luksocat ☕🍳🍞

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