Lisk Blockchain Platform Releases its Product Development Roadmap

Lisk Blockchain Platform Releases its Product Development Roadmap

Lisk has made its long-term plans for the blockchain based decentralized applications platform public. The project has five major milestones set with a long list of goals and areas of focus.

Lisk, the multi-platform blockchain applications platform has announced its future plans in the form of a recently released comprehensive development roadmap. The Lisk Development Roadmap offers a brief overview of various milestones the platform wants to achieve in the coming years.

Lisk has broken the complete development cycle into 5 distinct phases with each one having its own list of milestones and goals. The five phases are called:

1. Inception
2. Resilience
3. Expansion
4. Ascent
5. Eternity

The broad coverage areas listed in the development plan doesn’t have definite deadlines or forecast dates associated with them. The platform’s decision to forego definite timeline for the implementation of different phases or milestones is explained by Oliver Beddows, the Chief Technology Officer at Lisk. Oliver says,

“The given plans are intended to be long-term, and we estimate that they will take at least a few years. Due to the dynamic nature of software development, we don’t want to forecast any dates or deadlines from now. It should also be noted, milestones within a phase might be worked on in parallel, and once we establish development speed through a constant release cycle, we will be in the position to give more accurate timelines.”

Lisk is currently in its Inception phase where the main aim of the team is to create a stable and robust platform along with basic development tools. After the completion of the Inception phase, the platform is ready to develop blockchain applications.

The onset of Resilience phase will mark the beginning of a platform-wide revamp process. Starting with a complete rebranding of the ecosystem, the platform will undergo drastic improvements in terms of performance, usability and features. Lisk intends to make the platform more developer-friendly with a modular app SDK, a Lisk daemon, an app versioning scheme, a dedicated application panel, and a delegate marketplace. The Lisk codebase will get a complete rewrite to JavaScript’s super-set TypeScript and will enforce good coding practices by using the latest ECMAScript standards.

“Resilience is definitely the biggest phase of all, with a total of six major milestones, and is intended to set Lisk apart from any other cryptocurrency on the market,”

Says the CEO and founder Max Kordek.

Once the platform is standardized, Expansion phase will take over to give it a final shape. It will include support for smart contracts and third party technologies to the already robust Lisk blockchain platform along with additional features. Third party technology support will make Lisk platform-agnostic by allowing developers to bridge different blockchain and other conventional technologies with it.

Ascent phase will officially make Lisk enterprise ready. To support enterprise and financial applications, the platform will undergo further optimization with upgraded security and scalability features. In this phase, Lisk will introduce truly trust-less blockchain applications. Ascent will be followed by Eternity where the main focus will be on governance. This phase will see decentralized voting mechanism introduced to the platform, encouraging active involvement of the Lisk Community in the activities of the ecosystem.

The current development roadmap is not the final one. The Lisk team will continue to include new features and make few modifications to enable the platform reach its goals faster.

About Lisk

Lisk is a blockchain application platform that offers JavaScript development tools to deploy side chains and build decentralized applications on top of them. It comes with the ability to connect various different (decentralized) technologies to enable developers to build useful applications for the real world. Lisk was started earlier this year by Max Kordek and Oliver Beddows.

Learn more about Lisk at: https://lisk.io/

Find out more about Lisk Development Roadmap here: https://blog.lisk.io/lisk-development-roadmap-5afc4cd0612e


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