Lisk Rockets Forward With Roadmap Enhancements

1years ago (2016-12-19) admin Lisk Column 3255℃

Lisk Rockets Forward With Roadmap Enhancements

Lisk, the Berlin-based blockchain application platform that enables its users to build applications in JavaScript, has announced that it’s mainchain has been stabilized and governance model bolstered. This news marks a significant milestone in the company’s quest toward widespread adoption.

With this development, delegates are now able to generate/forge blocks and be rewarded for it, a process similar to bitcoin mining, while ensuring the decentralization of the Lisk network for the first time. Prior to this, the network was tied to a managed system where the nodes of 101 delegates were operated and controlled by the Lisk team. Now, all delegates are under the purview of 101 different community members; a decentralized democracy model that allows Lisk to boost its case for being a world-leading provider of blockchain applications.

The stabilization of the mainchain will result in massive advancements within the Lisk ecosystem. Firstly, the Lisk blockchain is now truly decentralized and trustless, allowing delegates to control their own nodes without supervision or governance by the Lisk team. Secondly, the activation of forging rewards allows LSK holders to either choose to keep their income or reinvest it back to the Lisk network with the aim of financing proposed community projects.

These forging reward incentives flowing into a growing community encourages friendly competition; an environment where users will work harder and faster to secure votes in the hopes of gaining entry into the list of the top 101 delegates.

Says Lisk CEO Max Kordek: “This achievement bolsters Lisk in a big way, and parallels most of the very reasons blockchain technology exists; to allow greater financial freedom, to reward network contributors, to heighten the peer to peer experience and to do away with a central point of authority. We’ve created opportunities for the strongest Lisk supporters to enter the top 101, earn LSK forging rewards, and give back to the system through their own proposals. To be a part of a decentralized community is appealing in its own right but building a decentralized system with active delegates is something entirely different.”

Lisk at its core is a decentralized platform allows for the deployment, distribution, and monetization of sidechains onto the Lisk blockchain. The Lisk network is operated using a highly efficient Delegated-Proof-of-Stake (DPoS) consensus model, which is secured by democratically elected delegates.  The cryptocurrency underpinning the Lisk platform is called LSK.

The company was founded by Kordek and Oliver Beddows in 2016, fueled by a crowdsale that attracted over 14,000 BTC in funding (which is now equivalent to $10 million.) This ICO made history by becoming the third most successful cryptocurrency crowdfund to date, the largest in Germany, and one of the top 25 crowdfunds ever.

Currently valued at over $14 million, LSK, the cryptocurrency underpinning the platform, is situated prominently as one of the world’s most valuable digital currencies.

Lisk, headquartered at the Sony Centre in the iconic German business district, has attracted developers from around the world. Also, prominent advisors like Charles Hoskinson and Steven Nerayoff have contributed to foster a growing ecosystem around blockchain applications and services.

Lisk’s latest development follows an ambitious series of improvements launched last month including a Delegate Campaign, Proposal Contest and Community Fund. These three events paved the way for the Lisk community to grow their already successful network by empowering Lisk holders to make community-led decisions.

“The Lisk community is essential to our growth and their support will be the only way to achieve our goals in the next few years. By giving them a platform to have a voice, the community can administer and deploy the tools they need for sidechain development by their own initiative. We are thankful that our community showcases demonstrated passion, support and understanding of the blockchain technology and all of its benefits,” Kordek added.

Concludes Kordek:

“We want to be as open and transparent as possible and unveiling our future commitments was a special moment for us. We believe the resulting outcome of our efforts will supercharge the democratic and decentralized nature of our blockchain while providing a foundation for long-term sustainability and success.”


Follow Us Here Thanks !

Recommended Articles :

55 comment

  1. avatar

    Needed to post you one very small note to be able to give thanks again about the superb secrets you have featured in this article. This is so tremendously generous with people like you to convey unreservedly exactly what many individuals would have offered for sale for an ebook to get some bucks for their own end, especially considering the fact that you could possibly have tried it if you considered necessary. These inspiring ideas likewise served as the fantastic way to comprehend many people have the identical dream like my personal own to understand much more in respect of this problem. I know there are a lot more enjoyable situations in the future for individuals that examine your site.

    corburt erilio at2017-04-01 00:30 Comment
  2. avatar

    magnificent points altogether, you simply gained a emblem new reader.
    What may you suggest about your publish that you simply made a few days in the past?
    Any positive?

    manicure at2017-04-09 12:09 Comment
  3. avatar

    I just want to say I am newbie to blogs and certainly liked this web-site. Most likely I’m planning to bookmark your website . You actually have impressive stories. Thanks a bunch for revealing your webpage.

    official site at2017-04-16 22:57 Comment
  4. avatar

    I just have to advise you that I am new to posting and certainly liked your work. More than likely I am most likely to bookmark your blog post . You simply have lovely article materials. Get Pleasure From it for swapping with us all of your url document

    go to these guys at2017-04-22 16:25 Comment
  5. avatar

    I really like your blog.. very nice colors & theme. Did you design this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to design my own blog and would like to know where u got this from. many thanks

    lemon oil at2017-04-22 18:21 Comment
  6. avatar

    I simply want to share it with you that I am new to blogging and certainly liked your site. Most likely I am likely to save your blog post . You simply have wonderful article material. Admire it for giving out with us your main web post

    official statement at2017-04-23 02:39 Comment
  7. avatar

    Definitely useful points you’ll have remarked, thanks so much for putting up.

    visit this website at2017-04-23 04:10 Comment
  8. avatar

    Be sure that you have Silhouette Studio Designer Edition running and adhere to these easy actions to start! While it is crucial to have Silhouette Studio Designer Edition to import SVGs there is yet another step you’ve got to take to receive them actually cut. I am aware I’ve missed lots of nice anime collection, so should you have any suggestion, don’t hesitate to share about it in the comment section!

    Malika Push at2017-04-23 04:32 Comment
  9. avatar

    Highly useful specifics you’ll have mentioned, thank you for publishing.

    click for source at2017-04-23 05:08 Comment
  10. avatar

    It is most suitable day to make some preparations for the forthcoming future. I’ve read through this posting and if I would, I wish to suggest you some great instruction.

    find more info at2017-04-23 10:33 Comment
  11. avatar

    Hiya here, just started to be familiar with your wordpress bog through yahoo, and have found that it is quite informative. I will appreciate if you decide to keep up this.

    directory at2017-04-23 15:21 Comment
  12. avatar

    When the mattress got there, I unloaded this off the plastic and it quickly started taking condition. I’ve had a handful of definitely excellent nights rest and I’m delighted to say this is actually an excellent mattress.

    nest review at2017-04-24 11:51 Comment
  13. avatar

    Normally I don’t learn article on blogs, but I would like to say that this write-up very pressured me to try and do so! Your writing style has been surprised me. Thanks, quite nice article.

    home repair at2017-04-24 21:50 Comment
  14. avatar

    Whats Going down i’m new to this, I stumbled upon this I have found It positively useful and it has helped me out loads. I hope to contribute & aid other customers like its helped me. Great job.

    health magazine at2017-04-24 21:53 Comment
  15. avatar

    Thanks for some other magnificent post. Where else could anybody get that kind of information in such a perfect manner of writing? I have a presentation subsequent week, and I am on the look for such information.

    bathroom remodel at2017-04-24 21:54 Comment
  16. avatar

    Howdy very nice site!! Man .. Beautiful .. Wonderful .. I will bookmark your web site and take the feeds also¡KI am satisfied to search out a lot of helpful information here in the publish, we need work out extra techniques in this regard, thanks for sharing. . . . . .

    home repair at2017-04-24 21:54 Comment
  17. avatar

    I enjoy, lead to I discovered just what I used to be having a look for. You’ve ended my four day lengthy hunt! God Bless you man. Have a nice day. Bye

    business plan at2017-04-24 22:04 Comment
  18. avatar

    He in the past had a futon to make use of for resting in the band area for someone sleeping or even group sitting when having friends over, yet this functions far better.

    beautyrest legend firm reviews at2017-04-24 23:36 Comment
  19. avatar

    Hi here, just became aware about your blog site through Bing, and found that it is very beneficial. I will appreciate in the event you continue this informative article.

    see this website at2017-04-25 09:18 Comment
  20. avatar

    It’s the right occasion to create some schedules for the long-run. I have study this blog post and if I may just, I wish to recommend you number of great advice.

    navigate here at2017-04-26 00:29 Comment
  21. avatar

    I merely have to inform you that I am new to blogging and certainly loved your page. Likely I am probably to save your blog post . You literally have impressive article information. Admire it for giving out with us your own web webpage

    read this at2017-04-26 01:49 Comment
  22. avatar

    Exceedingly helpful advice you’ll have remarked, thank you for posting.

    go to the website at2017-04-26 03:34 Comment
  23. avatar

    I wanted No chemicals, no 5 inches or even additional of foam … repeatedly. Brentwood Finale is listed and then I uncovered they created a TwinXL bedroom in a package.

    what's the best mattress at2017-04-26 12:08 Comment
  24. avatar

    Excellent web site. Lots of useful info here. I¡¦m sending it to some friends ans additionally sharing in delicious. And naturally, thanks to your effort!

    Automotive at2017-04-26 12:13 Comment
  25. avatar

    Hi folks there, just started to be receptive to your blog page through Yahoo and bing, and have found that it is seriously good. I will truly appreciate if you carry on these.

    click now at2017-04-26 13:25 Comment
  26. avatar

    I¡¦ve recently started a website, the information you provide on this site has helped me tremendously. Thank you for all of your time & work.

    Arts & Entertainment at2017-04-26 13:40 Comment
  27. avatar

    You have brought up a very excellent points , thankyou for the post.

    John Deere Technical Manuals at2017-04-26 15:26 Comment
  28. avatar

    I’m not sure where you’re getting your information, but great topic. I needs to spend some time learning more or understanding more. Thanks for excellent information I was looking for this information for my mission.

    Gaming Computers at2017-04-27 00:46 Comment
  29. avatar

    Hey very nice website!! Guy .. Beautiful .. Wonderful .. I’ll bookmark your web site and take the feeds also¡KI am glad to search out so many useful information here within the publish, we want develop more techniques in this regard, thank you for sharing. . . . . .

    Automotive Shop at2017-04-27 00:55 Comment
  30. avatar

    Fairly beneficial information that you have mentioned, thanks for adding.

    investigate this site at2017-04-27 20:40 Comment
  31. avatar

    Whats Going down i am new to this, I stumbled upon this I have found It positively helpful and it has helped me out loads. I am hoping to contribute & aid different customers like its aided me. Good job.

    mental health at2017-04-28 00:35 Comment
  32. avatar

    Hey, you used to write excellent, but the last few posts have been kinda boring¡K I miss your super writings. Past several posts are just a little bit out of track! come on!

    improvements at2017-04-28 00:35 Comment
  33. avatar

    I am only commenting to let you know what a perfect encounter my cousin’s girl had studying your web site. She figured out a good number of things, most notably how it is like to possess an incredible giving mindset to make men and women clearly know just exactly specific specialized topics. You undoubtedly surpassed her expected results. Many thanks for churning out these necessary, dependable, revealing and in addition cool tips about that topic to Gloria.

    contractions at2017-04-28 00:36 Comment
  34. avatar

    You made a few fine points there. I did a search on the issue and found most persons will go along with with your blog.

    cheap air at2017-04-28 00:45 Comment
  35. avatar

    Get your Cricut Blades, HTV and Glitter HTV here!

    Leilani Killins at2017-04-28 08:42 Comment
  36. avatar

    Keep up the fantastic work , I read few content on this site and I believe that your web site is real interesting and contains lots of great information.

    Business at2017-04-28 09:12 Comment
  37. avatar

    Hello.This article was extremely interesting, especially since I was looking for thoughts on this matter last Wednesday.

    Travel Hacks at2017-04-28 09:13 Comment
  38. avatar

    I want to express my appreciation for your kind-heartedness in support of men and women that require guidance on the study. Your special commitment to getting the message all-around had been exceedingly functional and has without exception allowed employees much like me to attain their objectives. This warm and friendly useful information can mean so much to me and even further to my office workers. Thank you; from all of us.

    Car at2017-04-28 09:30 Comment
  39. avatar

    Wonderful goods from you, man. I’ve understand your stuff previous to and you are just too wonderful. I actually like what you have acquired here, certainly like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it wise. I can’t wait to read much more from you. This is actually a great site.

    Business at2017-04-28 12:53 Comment
  40. avatar

    Good ¡V I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Excellent task..

    Suv at2017-04-28 15:41 Comment
  41. avatar

    When the mattress got there, I unboxed that coming from the plastic and this instantly began forming. I’ve had a handful of definitely great evenings sleep as well as I’m satisfied to mention this is a really good mattress.

    best mattress deals at2017-04-28 19:07 Comment
  42. avatar

    I¡¦ll immediately grasp your rss feed as I can not to find your e-mail subscription hyperlink or e-newsletter service. Do you have any? Kindly allow me recognize so that I may just subscribe. Thanks.

    Dating & Relationship at2017-04-28 20:28 Comment
  43. avatar

    Thanks for sharing excellent informations. Your site is very cool. I am impressed by the details that you¡¦ve on this blog. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found just the information I already searched everywhere and simply could not come across. What an ideal site.

    Travel Guides at2017-04-28 20:55 Comment
  44. avatar

    Gday there, just got conscious of your writings through Bing, and realized that it is very good. I’ll value should you keep up this informative article.

    Portland SEO Expert (@Portland_Seo1) | Twitter at2017-04-28 22:29 Comment
  45. avatar

    Perfectly indited written content , regards for information .

    Travel World at2017-04-28 23:51 Comment
  46. avatar

    magnificent points altogether, you just received a brand new reader. What could you recommend in regards to your submit that you made some days ago? Any positive?

    Tuning Car at2017-04-29 01:32 Comment
  47. avatar

    This is the right opportunity to prepare some goals for the possible future. I’ve looked over this piece of writing and if I may just, I want to recommend you a few intriguing assistance.

    Portland SEO (@portlandseoex) | Twitter at2017-04-29 06:40 Comment
  48. avatar

    Helpful information. Lucky me I found your website by accident, and I’m shocked why this accident did not happened earlier! I bookmarked it.

    Exploration Careers Information at2017-04-30 18:07 Comment
  49. avatar

    I was recommended this website by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my difficulty. You are amazing! Thanks!

    Entertainment News at2017-04-30 21:04 Comment
  50. avatar

    I¡¦ve learn some good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you put to create one of these fantastic informative site.

    Free Online Dating at2017-04-30 21:11 Comment
  51. avatar

    I simply couldn’t depart your website prior to suggesting that I really enjoyed the standard info an individual provide in your guests? Is gonna be again ceaselessly in order to inspect new posts.

    Top Professional Careers at2017-04-30 21:52 Comment
  52. avatar

    I believe that that carried out certainly not require to long to rise up. This is actually an incredibly relaxed bed and also mu little girl completely likes that.

    find more at2017-05-01 00:40 Comment
  53. avatar

    This site can be a walk-through actually the words you desired to fix it and didn’t want to are familiar with whom to ask about. Look and feel below, but you’ll also recognize the product.

    discount ralph lauren polo shirt at2017-05-01 03:55 Comment
  54. avatar

    I precisely needed to thank you very much yet again. I’m not certain the things that I could possibly have made to happen without the basics contributed by you regarding my question. It had become an absolute frightening circumstance in my position, however , looking at this specialised manner you managed it took me to jump for gladness. I am grateful for this support as well as sincerely hope you recognize what an amazing job you were carrying out training other individuals by way of your blog post. I am certain you have never met any of us.

    Smart Car Safety at2017-05-01 06:57 Comment