Lisk Week in Review – 52

by admin · Published April 6, 2021 · Updated April 10, 2021

Featured in this new update:

Lisk monthly achievements for March
LiskHQ releases another blog post with a high-level overview of Lisk Interoperability
Lisk Discord Levelling Contest
Lisk Center Tokyo moves out of its current location

Lisk monthly achievements for March

According to Lisk’s monthly achievement update, Lisk released SDK version 5.0.4 and a new mobile wallet version in March. For the desktop wallet, a quick progression from Lisk 1.28.0 for Desktop to Lisk 2.0.0-beta.2 for Desktop happened in March. The Lisk 2.0.0-beta.2 for Desktop implements support for standby delegates in the new DPoS consensus algorithm.

LiskHQ demonstrated the possibility of building an NFT blockchain application with the Lisk SDK. With supporting documentation, anyone can learn from the tutorial how to create a custom module that adds the features to create and purchase NFTs in a blockchain application and a custom plugin that provides additional NFT-related features. For more about NFTs, check out one of our previous posts.

Max Kordex continued his relentless efforts in touching base with the community via an AMA held in March. He responded to several questions and buttressed the information on the upcoming Lisk.js conference slated for May 2021.

Release of high-level overview of Lisk’s interoperability solution

LiskHQ sheds more light on the much anticipated Lisk Interoperability Solution in its second technical post written by Andreas Kendziorra Ph. D, Lightcurve’s research scientist. From all indications, the new Lisk interoperability solution will be scalable with no bounds on the number of sidechains that can connect to the mainchain.

Per the unlimited number of sidechains that can connect to the mainchain, Lisk’s interoperability will also support customizable sidechains. With the Lisk SDK, there are no boundaries as to how developers can customize blockchain or application-level logic to suit users’ needs. For instance, developers can customize parameters like block rewards and even choose to have them in LSK or sidechain tokens. Also, sidechain developers can choose which tokens to support. This can include tokens native to this chain but also sidechain tokens from other sidechains.

The robustness of Lisk’s Interoperability solution is not just limited to developers but any interested user. Anyone can create cross-chain update transactions and not just validators, thereby ensuring transaction efficiency in terms of speed and flexibility.

Moreso, as some blockchain applications have faced security threats, especially with the scalability trilemma where some blockchains have sacrificed security for speed, the Lisk interoperability solution is secured. It employs the Certificates for cross-chain update transactions. Each certificate contains information from a finalized block header signed by a large portion of validators from the sending chain and thus authenticates a finalized state of that chain. It’s therefore easy for a receiving chain to see if the legitimate validators created the signatures of a certificate. On top of this, an added security layer equally ensures that problems due to failed security assumptions on sidechains are confined to that chain and cannot propagate outside.

Even though it allows for multiple inter-sidechain communications with the mainchain (cross-chain messages), this doesn’t overburden the mainchain. Lisk’s mainchain will only relay the messages without any expensive processing.

Lisk Discord Levelling Contest

There is currently an ongoing Lisk Discord Levelling Contest open to the Lisk community members in its Discord server. Members stand to win up to 50 LSK per person according to their performance on the Lisk Discord Leaderboard. Feel free to join the Discord server and participate for a chance to win.

Lisk Center Tokyo relocation

Like the Lisk Center Berlin, Lisk Center Tokyo was founded with the idea of bringing together developers, blockchain enthusiasts, and innovators to share their ideas and to contribute to the Lisk ecosystem by building blockchain applications. However, according to a recent update by LiskHQ, Lisk Center Tokyo will be moving out of its current location.

“As BINARYSTAR has decided to cease operating out of their business hub and focus on their online community platform, Lisk Center Tokyo will be moving out of this location at the end of the month.”

Lisk Center Tokyo members can maintain communication with other members of the community through the Lisk Discord server.

Delegates’ Overview

According to Lisk Monitor, the past week saw a considerable outflow of votes from delegates. GDT lost 34 million LSK while individuals lost 62 million LSK.
All forging delegates lost about 1 million votes each.