Ownables SDK - Dev Team Interview.

Blockchain • Published on: Aug 03, 2023 • Last updated: Aug 03, 2023

Introduction.

Ownables are LTO Network's digital collectibles technology that brings new functionality like dynamic, consumable and unlockable content to the NFT space.

The Ownables SDK repository is a comprehensive resource for anyone interested in developing their Ownables. It includes all the necessary components to get started, such as build tools, the Ownable Wallet SDK, and various examples to guide you through the development process. Whether you're an experienced developer or just starting, the Ownables SDK repository has everything you need to create your custom Ownables.

About this interview.

The interview with our development team about the Ownables SDK is a valuable resource for developers and anyone interested in using the SDK and wanting to learn more about its features, functionality, and technical specifications.

Let the exploration commence!

Question 1:
In simple terms, what is the Ownables SDK? Explain the architecture of the Ownables SDK.

Team: "Ownables SDK repository contains everything you need to get started with developing your own Ownables. It contains

Build tools
The SDK Ownable wallet
Examples

To issue an Ownable, the developer will create a package, which consist of

CosmWasm smart contract
HTML file for the widget
Media files

The developer can use HTML, CSS, and JavaScript to fully control how the Ownable is displayed within the wallet. The CosmWasm smart contract controls the state of the Ownable. The widget and smart contract are sandboxed to prevent the Ownable from accessing the wallet or anything on the internet."

Question 2:
What advice would you give developers interested in using the Ownables SDK to build blockchain applications and services?

Team: "The documentation has a step-by-step guide for installing the SDK, running the SDK wallet and starting developing on your first Ownable.
Getting familiar with CosmWasm is a good idea if you will want to work on something unique. A good resource for that is the CosmWasm book https://book.cosmwasm.com/ and the official documentation."

Question 3: How does the Ownables SDK enable developers to create and manage digital assets on the blockchain?

Team: "Ownables allow developers to keep their digital assets off the blockchain.

Changing the state of the Ownable, like changing ownership, can only be done by sending an event to the CosmWasm smart contract. That event is appended to the event chain, which acts as a write-only log.

To ensure the integrity of the event chain, a hash of each event is written to the LTO blockchain. This is done in such a way that the recipient of an Ownable can detect any tampering or rollback."

Question 4: What kind of support and resources does the Ownables SDK offer to developers new to blockchain development?

Team: "Within the SDK there are several examples for developers to experiment with different types of Ownables, like Consumables.

The documentation is the main resource for developing Ownables. We also have a discord channel where developers can ask for help."

Question 5: What programming languages and tools does the Ownables SDK support?

Team: "CosmWasm smart contracts are written in Rust. A modern language that’s quickly gaining popularity.

Communication between the smart contract, the widget and the wallet uses JavaScript.

The widget is created in HTML and can use CSS, JavaScript, images and other media files."

Question 6: Can you walk us through deploying a smart contract using Ownables SDK and explain any unique features or advantages of this process?

Team: "Smart contracts for Ownables are executed locally within your wallet and are not deployed on-chain. Once the execution is completed, the outcome is added to the corresponding event chain and anchored to the public chain. This approach preserves privacy by ensuring that the contract remains within your wallet and never leaves it."

Question 7: What is the next step for Ownables moving forward after the Ownables SDK?

Team: "After the beta launch of Ownables SDK, our main priority is performing thorough testing of the framework to guarantee its long-term strength. We highly value all feedback from developers during this critical phase, so please don't hesitate to reach out with any questions or feedback.

In addition to testing, we plan to focus on technology adoption. This involves welcoming developers and projects onto the platform and offering assistance with their development processes."

We've reached the end of this interview! Many thanks to our development team for their time and explanations. Remember to join our Discord for discussions, support, and everything Ownables!

Learn More: ownables.info

Demo OWNABLES : demo.ownables.info

Documentation: https://docs.ltonetwork.com/ownables/

About Ownables by LTO Network.

Ownables are a new kind of digital collectible based on blockchain technology, they can do a lot of similar things to what NFT's can do, but they can also do a whole lot more. In fact, they can do so much more that they're more useful than NFT's when it comes to real utility.

Ownables can contain media files, images, songs, 3D models and much more. Whatever the content, the owner has full possession of the asset.

The importance of Ownables.

Ownables aren’t your typical digital assets. They come with unique features that redefine what it means to own something in the digital realm.

They give users an added layer of privacy and control over their digital assets. In essence, Ownables revolutionize the way we think about digital assets. They provide a more secure, private, and comprehensive ownership experience, pushing the boundaries of what we thought was possible in NFTs.

With Ownables you can have:

Truly private digital collectible assets and NFTs.
Highly advanced dynamic NFTs.
Consumable NFTs.
More robust control over royalties.

About LTO Network.

LTO Network is Europe's most advanced blockchain - fully decentralized and highly efficient. It is already being used worldwide by businesses, governments, institutions like the UN, the Dutch government, and more.

The network offers several technologies to provide solutions for decentralized data security, digital identities, privacy, and the ownership of digital assets and digital collectibles.