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"If you can't beat them, join them." So says Lisk, a project that was seen as an alternative of sorts to ethereum around the inception of both of these projects in 2016 and now is going L2.
Lisk (LSK), a delegated proof of stake (DPOS) protocol, has unveiled its plans to migrate to Ethereum as a layer-2 scaling solution. According to the update shared on its official X account, Lisk said its layer-2 plot will be achieved in collaboration with Optimism (OP) and Gelato Network.
Migration of the LSK token: expanding accessibility to dApps
Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based.
Gelato and Optimism share a vision of a future built on multiple interconnected chains, enabling horizontal scaling.
Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution.
Bitcoin price rose to $38,000 for the first time since April 2022 in a relatively low-volume environment. This rebound helped push the total market cap of all cryptocurrencies to over $1.5 trillion as other coins jumped. Some of the other top-performing cryptocurrencies were Lisk, Sei, Spell Token, and GMX.
The Lisk Foundation, led by co-founder and CEO Max Kordek, has announced its plan to convert 1,000 bitcoin (BTC) to ethereum (ETH) over the next 10 weeks
Max Kordek, the co-founder and CEO of Lisk recently announced via Twitter that the Lisk Foundation will convert 1,000 Bitcoin (BTC) to Ethereum (ETH) in the next 10 weeks, which will be held as part of the foundation's long-term treasury. As Kordek explained in a commentary, the Lisk Foundation wants to stake its ETH, “but it won't happen right away.
Established Web3 company Lisk has recently announced the launch of its new Accelerator. Start-ups intending to build blockchain apps and drive Web3 adoption forward can receive up to 250K in CHF (that's about $270K)in funding.
Lisk, a blockchain application platform, has announced the launch of its new accelerator program aimed at supporting the development of Web3 solutions
The platform's Javacript SDK is designed to allow developers to create their own Lisk-compatible sidechains.
The cannabis industry employs more workers than the manufacturing industry.
Even though the cryptocurrency industry is still picking up the pieces from the devastation caused by the FTX crash in 2022, blockchain development teams across the main networks are building and expanding throughout their ecosystems as 2023 gets started.
Lisk is on a mission to make Web3.0 more accessible.
In a series of ask-me-anything (AMA) sessions on Twitter and Reddit in late August and early September, Lisk (CRYPTO: LSK) executives answered questions about the blockchain application platform. Monica Tartau, Head of Marketing, Max Kordek, CEO and Co-Founder of Lisk, and Ishan Tiwari, Lead Backend Developer spoke about the mission to make blockchain technology accessible to everyone.
If you want to learn more about blockchain, or you would like to network with other Web3 enthusiasts, then the Berlin Blockchain Week from September 12th to the 18th is the place for you! Berlin Blockchain Week is hosted throughout the city of Berlin as a community driven initiative, gathering blockchain enthusiasts and crypto lovers to the capital of Germany.
Lisk is a blockchain application platform that envisions a world where blockchain technology is accessible to everyone. To make that happen, it has created a suite of open-source blockchain application development tools that enable developers to build blockchain apps using JavaScript and TypeScript — meaning they don't have to learn a new programming language to start building with blockchain.
At its blockchain developer event last June, Lisk's research team spoke to attendees about the progress they've made toward finishing an interoperability solution that would allow apps on its blockchain to communicate with any other apps in its blockchain network. Now reportedly nearing the official launch of the Lisk blockchain application platform, the team is one step closer to deploying a scalable interoperability solution within its ecosystem.
Lisk LSK/USD has weakened from $1.88 to $1 since August 01, 2022, and the current price stands at $1.06. The cryptocurrency market continues to be under pressure, and according to Brian Brooks, CEO of the crypto infrastructure provider Bitfury, the Federal Reserve's approach to tackling inflation is a major reason for the current downturn.
The Lisk Platform will be one of the latest technologies added to the Lisk Network. It will revolutionize the power of Lisk by creating a single space for users to interact with the various Lisk applications.
Blockchain has seemingly disrupted much of the digital ecosystem. Initially developed for Bitcoin (CRYPTO: BTC), blockchain's security and adaptability have attracted interest in the banking and finance, healthcare, medicine, agriculture sectors and many more.
Blockchain technology is seemingly changing the worlds of finance, data, security, and more, but the path to its development reportedly remains largely inaccessible to developers. Lisk says it is aiming to change that.
Creating blockchain applications through JavaScript is at the heart of the Lisk network. Being that JavaScript is handily the most utilized programming language, this gives users of it a step up into the world of blockchain.
