Lisk Week In Review – 55

by admin · Published April 27, 2021 · Updated May 4, 2021

Featured in this new update:

Lisk-All Stars Awards 2021
Okcoin Japan lists LSK
Official trailer for the Lisk.js Conference in May released
Lightcurve publishes new supporting LIP
CEO & Co-Founder Max Kordek interviewed by EKMH Innovators
Lisk Foundation publishes “Glossary and Abbreviations” reference guide on the Lisk Documentation
Lisk Foundation publishes an SRS (Social Recovery System) tutorial on the Lisk Documentation
Lisk Delegate Overview for the past week

Lisk-All Stars Awards 2021

Third edition of Lisk All-Stars Awards held this month established to recognise impactful members of the Lisk ecosystem. An award event organized by Lisk USA seeks to encourage the “unsung heroes’ by gifting 50 LSK each for their efforts in promoting Lisk in their unique ways.

Przemer won the Most Helpful Community Liaison, Lisk Japan clinched the award for Most underrated contributor, Aldo Suhartono Putra of Collabolancer who recently featured in Lisk’s Builders Program for his proof-of-concept freelance project on Lisk took home the Most Professional SDK Project. Kudos to Davi L. Alves, JesusTheHun, Anonimowy, and many other contributors!
For the full list of winners for Lisk All-Stars Awards 2021, check here.

Okcoin Japan lists LSK

As Lisk blockchain continues to push its boundaries even in Asia, a Japanese exchange proposes LSK listing on its market. According to a recent announcement from Okcoin Japan, LSK deposit and trade will commence on 27th April and 11th May, respectively.

Official trailer for the Lisk.js conference released

The Lisk Foundation team, in preparation for one of its most significant events annually, has released its official trailer on YouTube for the Lisk.js conference coming up in May. Recall that Max Kordek had shared that the crowning point of this year’s event would be the discussion around Lisk’s Interoperability Solution which will allow developers to build sidechains that can communicate to Lisk’s mainchain using Cross-Chain Updates (CCU). The event will be a two-day program featuring brilliant developers across Europe.

Lightcurve publishes new supporting LIP

Alessandro Riccotone of Lightcurve proposed a new supporting LIP for “Define state model and state root”, the roadmap objective. The LIP specifies the Lisk implementation of sparse Merkle trees.

SMTs and regular Merkle trees differ from themselves in an SMT; the final Merkle root does not depend on the order of insertion of the data since all elements occupy a fixed position in the tree structure (given by the key). Therefore, this LIP attempts to specify the SMT data structure for the Lisk protocol. Although it doesn’t describe specific use-cases, there are plans to do that in subsequent LIPs. Overall, the LIP describes the format for inclusion proofs, the verification protocol, and the proof serialisation.

EKMH Innovators interviews Max Kordek

EKMH Innovators by Erin Hobey features innovators and builders in global Tech, Fintech, Alternative Finance, DeFi, Blockchain, Proptech, Insurtech, AI, IoT, Robotics, Crowdfunding, Cryptocurrency and Hospitality sectors, originating interviews, composing new content, editing and streamlining existing copy while keeping authenticity intact. Its latest publication featured Co-founder and CEO of Lisk, Max Kordex, where he spoke on several topics like Blockchain innovation, interoperability, Lisk Foundation’s recently joining COPA, Bitcoin, decentralisation and DPoS.

One of the striking points of the interview was when Max was asked what he thinks has continued to hinder the adoption of blockchain technology. Max response was that accessibility for both developers and ordinary users is still a significant problem. However, Lisk’s solution was by providing a rich SDK that enables JavaScript developers to build their blockchain within minutes.
Max was optimistic that despite the current challenges, decentralisation would permeate every facet of society. In his words,

“I foresee the rapid construction of interoperable, decentralised blockchain networks due to secure development tools. We will see innovation and user adoption at a rate exceeding anything we have ever witnessed before.”

Find the full details of the interview here.

Lisk Foundation publishes Glossary and Abbreviation reference guide on Lisk documentation

Lisk Foundation has released a new glossary and abbreviation reference guide. The community and the broader blockchain and cryptocurrency ecosystem can always visit the resource to fully understand what any abstract term per the Lisk blockchain represents. For example, while satoshi represents the smallest unit of BTC, in Lisk, the smallest unit of account. 100 million Beddows is equal to one LSK. A complete list covering terms beginning from A to Z are referenced in the guide.

SRS (Social Recovery System) tutorial on the Lisk Documentation released

This documentation covers the comprehensive step-by-step guide on creating a blockchain application offering users a feature to recover the balance of their accounts in a situation where they have lost/forgotten their passphrase.

Image Source: Lisk Documentation

Delegate’s Overview

According to Lisk Monitor, delegates lost fewer amount of votes this week than last week. GDT lost about 17 million LSK while individuals lost approximately 30 million LSK. Forging delegates also didn’t lose as much as they did last week, loosing an average of 580k votes each.