Lisk Week in Review – 48

by admin · Published November 15, 2020 · Updated March 27, 2021

Featured in this news update: – Five days to Lisk Center Berlin online event – Lisk Foundation’s Financial Update (October) – Betanet v4 unveils the new consensus system – SDK 5.1 starts its development journey – Lisk’s dApp section is growing – Delegates’ overview Five days to Lisk Center Berlin online event On November 20th, at 6pm CEST, LiskHQ is hosting Lisk Updates. This event will introduce the new Lisk Center and lot of speakers are featured in the Agenda: “Keynote Opening Speech” by Max Kordek, “Introducing the Lisk Center Berlin” by Monica Tartau, “A first glimpse at Lisk Interoperability” by Alessandro Ricottone and other dev-oriented speeches. Register for the virtual event here: lisk.io/livestream

@maxkordek is preparing his presentation for the upcoming Lisk Updates from the Lisk Center Berlin online event.
If you want to know more about the main achievements of Lisk in 2020 and the plans for next year, make sure to register for the #LCBevent:https://t.co/eYykZupRPt pic.twitter.com/esSdDJmK6N — Lisk (@LiskHQ) November 10, 2020

Lisk Foundation’s Financial Update (October) According to the report, the Foundation holds € 1.98 million ( – € 480k compared to previous report) and CHF 1.43 million ( – CHF 10k compared to previous report). In addition, it owns 2,400 BTC ( 275 BTC currently in liquidation), 62,000 GBYTE and 8.8 million LSK. This means that the total assets correspond to about $ 52 million. In relation to the monthly expenses, the picture below summarizes the costs linked with each department:

Financial Updates October 2020 Expenditures

Betanet v4 unveils the new consensus system LiskHQ launched Betanet v4 and Betanet v3 is no more running. Many new features come with this version, as developers implemented 11 LIPs. The improvements are related to network economics (e.g. dynamic fees, minimum balance requirements for accounts) and network consensus (vote locking periods and locking thresholds, inclusion of standby delegates, Proof of Misbehavior transaction to punish violations). During the AMA Shusetsu Toda, Lead Backend Developer at LiskHQ, confirmed that SDK v4 will be only live in Betanet and it will run for a shorter period compared to v3. Testnet and mainnet Lisk-Core release will be Lisk-Core v3 which uses Lisk-SDK v5. To keep track of the delegates who are currently forging and testing v4, delegate Korben3 created Lisk Mini Explorer. If you are interested in running a node on Betanet, check Punkrock‘s guide: punkrock.github.io/lisk-betanet-v Read more: Launch of Betanet v4 SDK 5.1 starts its development journey The development team created a new GitHub project board for SDK 5.1.0. Two epics have already been closed. LiskHQ is also exanding its dev team and it’s looking for a Backend Developer to join the company in Berlin.

The 2nd epic of #Lisk SDK 5.1.0 was closed. The purpose of this epic was to create a reporting plugin which supports node operators in detecting and reporting Lisk delegate misbehaviors.
This epic consisted of 8 issues, learn more about them on GitHub:https://t.co/UuPAu8qeh3 https://t.co/jfiHsqjKCB — Lisk (@LiskHQ) November 10, 2020

Lisk’s dApp section is growing Alin published a blog post to showcase his Poc called Lisk Voice. It allows secure real time communication using IPFS: it encrypts the messages with the public key of the sender and then with the public key of the recipient, and the file is uploaded to IPFS. Only the sender and the receiver can view their messages. Future improvements include file upload, Andoird and iOS apps, decentralization of the project and staking programs. Delegates’ overview According to LiskMonitor, in the past week there was a huge outflow of votes from delegates: GDT lost 12 million LSK and individuals lost 37M votes. At individual level, the most voted ones are: robinhood [+85k], 9up.io [+59k], jong [+149k]. More or less all delegates lost about 200-400k votes, so it is not meaningful to list the biggest individual losses. Voting for Hosts, it is possible to receive 1 free LSK by minions (no action required, just vote the list).