Lisk 1.0 Mainnet

CORRECTED September 5, 9:55 GMT: An earlier version of this story erroneously stated that several projects, including the Sapiens Project, BrikBit, and Madana have already been built on Lisk. These have committed to building on Lisk but none built on it as of yet.

Lisk, the public blockchain platform that allows users to develop decentralized blockchain applications in JavaScript, has announced the successful migration of Core 1.0 to its mainnet. Michael Borowiec, communications lead at Lisk, deemed the event as “one of the most significant milestones for the Lisk ecosystem to date.”

Overseen by the Lisk Foundation headquartered in Switzerland’s “Crypto Valley” Zug, Lisk is a blockchain application platform that aims to facilitate the adoption of decentralized applications and blockchain technology by offering a so-called sidechain development kit (SDK) written in JavaScript.

By utilizing sidechain technology written in JavaScript, the most commonly used programming language in the world, Lisk’s SDK seeks to enable developers to easily build scalable blockchain applications, including deploying their own custom tokens.

Several projects have committed to building on Lisk including the Sapiens Project, a decentralized academic and reputation platform, and BrikBit, a project that aims to decentralized the real estate industry, Borowiec noted, but one particular project that’s got the Lisk team excited is Madana, a decentralized marketplace for data exploration that enables participants in the Lisk network to be part of the data market without facing privacy flaws. “Madana’s initial coin offering (ICO) is expected to be the first one launched on the Lisk platform,” Borowiec pointed out.

Technological advancements and features released as part of Lisk Core 1.0 include a new API and design for a more intuitive and user-friendly experience for developers, a new peer-to-peer (P2P) communication layer also known as Real-Time Peers to maximize performance and improve the reliability of the network, the introduction of numerous code refactors, and a full test suite rewrite.

Commenting on the next step for Lisk, Borowiec told CoinJournal:

“We are currently running heavy feasibility studies, conducting research and development, and compiling a realistic, long-term roadmap as well as macro business strategy.

“We’ve also started a business development department whose first task is to establish relationships with current and potential exchanges, and then with legitimate business partners.”

German business entity Lightcurve was established last year to help accelerate adoption of the technology. It currently serves as a “blockchain product development studio and consultancy” but will in future switch to helping accelerate promising blockchain projects within the Lisk ecosystem.

Another initiative aimed at spreading awareness is Lisk Academy, a free educational platform.

“We’ve recently started working with a new digital design agency, Netguru, on an even more immersive user interface and experience,” Borowiec said.

“As well as this, we’ve started to establish partnerships with educational groups in our target markets. An example of this would be our official collaboration with London Blockchain Labs, who will help us connect with upper tier blockchain university groups in the British capital.”

The bottom line is that nurturing an active and loyal community of developers, investors, and supporters, will be a critical success factor for Lisk. Borowiec pointed out the establishment of the first Lisk-focused blockchain incubator in China in July, a community-led initiative to launch a 500 square meter facility dedicated to accelerating blockchain projects planning to build on Lisk in the future.