# LUKSO

Relates to ERC725 Smart Contract Based Account

### Intro

Lukso created an EVM-based smart contract platform for public permission-less Blockchain to develop and build a digital future for the lifestyle space.

## LIPs

Lukso Improvement Proposals, similar to EIPs but on Lukso network. Those LSPs are usable on Ethereum but also on any EVM blockchain. Both LIPs and LSPs are being actively developed and used on Testnet nowdays.\
Lukso made their own standard improvement process\
LIP repo: <https://github.com/lukso-network/LIPs[LSPs> list]\(<https://github.com/lukso-network/LIPs/tree/master/LSPs)\\>
Lukso's move with LIPs suite is supposed to solve *discoverability problem* that Ethereum is facing, how wallet can simply discover tokens that were sent to an address.

LIPs are focused on:

* Digital Certificates
* Identities
* Tokens
* Registries
* Processes

### LSPs vs LIPs

LIPs are chain improvements and LSPs are application improvements

[LIP-1](https://github.com/lukso-network/LIPs/blob/master/LIPs/lip-1.md)

### LSPs

[LSP-1-UniversalReceiver](https://github.com/lukso-network/LIPs/blob/master/LSPs/LSP-1-UniversalReceiver.md)[LSP-2-ERC725YJSONSchema](https://github.com/lukso-network/LIPs/blob/master/LSPs/LSP-2-ERC725YJSONSchema.md)

### Further reading

* List of projects using ERC725: <https://github.com/ERC725Alliance/ERC725/blob/master/docs/use-cases.md>
* Announcing the LUKSO standards workshop series: <https://medium.com/lukso/announcing-the-lukso-standards-workshop-series-41f534feb1b1>
* LUKSO’s Mainnet Architecture → Casper Beacon Chain with EVM Execution
* <https://medium.com/lukso/luksos-mainnet-architecture-casper-beacon-chain-with-evm-execution-f68f9ef7039a>


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