Blockchain Application Platform Lisk Announces First Major Release, Lisk Nano 1.0

Place/Date: Zug, Switzerland - June 27th, 2017 at 9:07 pm UTC · 4 min read
Contact: Jack Moloney, Source:

Lisk, the blockchain application platform, today announces the launch of Lisk Nano 1.0 to the main network, marking the first major release for a Lisk product. With increased community interest and participation, LSK, the cryptocurrency underlying the platform, has grown 16 times its listed price as of January 1, 2017.

Founded in 2016 by Max Kordek and Oliver Beddows, Lisk is a blockchain application platform that enables its users to build applications from the ground up in JavaScript. The decentralized platform will allow for the deployment and distribution of sidechains onto the Lisk blockchain. Following on the updates made in the previous releases, Lisk Nano 1.0 features significant performance gains, the inclusion of a voting interface, a forging centre and further security enhancements such as the addition of second passphrases.

“As the blockchain market continues to grow exponentially, Lisk is delighted to announce its first-ever major release, a key milestone for the platform. Lisk Nano 1.0, which offers a streamlined user experience and enhanced performance, takes the crypto community a step closer to the innovative, safe, and seamless blockchain application platform outlined by Lisk since day one,” said Max Kordek, President of the Lisk Foundation.

Since Lisk Nano development started, the Lisk team have released five updates to the product, leading up to today’s 1.0 major release.

“At Lisk we follow semantic versioning, where we release carefully conducted updates only every 4-6 weeks. This gives us time to undergo rigorous testing and peer reviews along with a pool request system where we allow changes to be questioned by all parties before approval,” said Oliver Beddows, Vice-President of the Lisk Foundation.

Highlighting the focus on usability, Lisk Nano is now supported on Mac OSX, Windows 7/8/10 and all distributions of Linux. This release introduces delegate registration, a new voting interface for delegates, the addition of a second passphrase for extra security and a forging center, inspired by the Web Wallet (lisk-ui.). Desktop notifications have also been enabled in version 1.0, a useful feature notifying users when their balance has been changed.

This update arrives just days after Lisk released Lisk Core 0.9.0 to the main network, laying the final foundation for Lisk Core 1.0 set to hit the main network later this summer.

“Lisk 0.9.0 provides the bridge for 1.0.0 by improving code quality and readability, management of logs, implementing Redis and providing a solid foundation for continuous integration,” added Beddows.

“As we move closer to realizing the extraordinary promise of Lisk we will continue to expand on our dedicated and talented team,” added Kordek.

“Our community is also essential to our growth and their support will be the only way to achieve our goals over the coming years. We are thankful for all the support, demonstrated passion and continued interest that the Lisk community showcases. We look forward to achieving our goal of establishing a widely used, next-generation blockchain application platform,” concluded Kordek.

In May 2016, Lisk conducted an Initial Coin Offering worth over 14,000 BTC, which is now the equivalent to $33 million USD. Upon the establishment of the Lisk Foundation in Zug, Switzerland in December 2016, Lisk decided to open their funds to public inspection, releasing monthly financial reports. The latest report, April 2017, shows Lisk currently holding approximately 62 million USD in assets, including both FIAT and a number of cryptocurrencies.

LSK, the cryptocurrency underpinning the platform, is currently sitting in 23rd place of the most valuable digital currencies, and is valued at over $260 million USD.

For a complete list of changes, visit the Lisk GitHub.

About Lisk:

Lisk is a blockchain application platform that will enable its users to build applications from the ground up in JavaScript. The decentralized platform will allow for the deployment, distribution and monetization of sidechains onto the Lisk blockchain. The Lisk network is operated using a highly efficient Delegated-Proof-of-Stake (DPOS) consensus model, which is secured by democratically elected delegates. The cryptocurrency underpinning the Lisk platform is called LSK.

Lisk was founded by Max Kordek and Oliver Beddows in 2016, in their stellar crowdsale they attracted 14,000 BTC in fundings. Lisk is headquartered in Zug, Switzerland, the popular crypto valley for blockchain startups.