Lisk to Give Out Forging Rewards to Promote Competition, Arms Race Among Miners
Lisk is set to introduce a new feature called “forging rewards” in early December, in order to create a more competitive ecosystem for its stakeholders. The development team behind Lisk believes community forging will allow it to become a more efficient, secure and reliable network. Lisk is a unique alternative to Ethereum, in that it is based on a consensus algorithm called the Delegated Proof of Stake (DPoS). In DPoS, blocks are mined or generated by stakeholders, or investors that hold the highest amount of LISK. Within the network, these majority stakeholders can vote for or elect 101....
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Learn how to build a blockchain application on Lisk, gain insights into the latest Lisk SDK, and hear exclusively about Lisk’s interoperability solution at Lisk.js Lisk.js 2021 is the culmination of all the research and development efforts of the Lisk project and ecosystem since its inception. This year, the annual blockchain developer event will be […]
Blockchain application platform Lisk has announced plans to begin issuing block rewards to its delegates. The team said this development marks the achievement of a “critical milestone,” with rewards set to start flowing before the end of 2016. A New Lisk Milestone. This milestone comes after a period of growth following the project’s successful crowdsale earlier this year, in which the developers raised around 14,000 bitcoins. At press time, those funds are valued at more than $10 million USD. According to a press release, the ecosystem has grown considerably since the ICO, with developers....
The face of industrial-scale bitcoin mining is changing with every passing month, having already pushed far beyond the bounds once envisioned, perhaps, by the hobby miners of four years ago. The landscape is much different now. Many large-scale mines are shifting from warehouse set-ups to data centers better equipped to deliver the massive power and cooling resources necessary to compete in a steadily accelerating industry. CoinDesk spoke with executives from some of the biggest hardware companies in the mining space. During those discussions a picture emerged of an industry undergoing a....
Lisk has kicked off the process of nominating new delegates through a voting mechanism, so to maintain the blockchain. Lisk, the full stack blockchain application platform on JavaScript has announced a series of campaigns. These campaigns, designed to build the Lisk community, involves democratisation of the platform by introducing voting mechanism along with other contests. Lisk has kicked off the process of nominating new delegates through a voting mechanism, so to maintain the blockchain. Their contributions to the network will be compensated by rewards. The whole process of electing....
Oliver Beddows, CTO of Lisk, has responded in the affirmative to a question on whether the Lisk blockchain is currently able to host a project of Steemit size considering the stability of its network. Beddows gave the answer on August 13th during the first technical meeting - the second community meeting focusing on the technical aspect of Lisk - where developers provided detailed answers to questions compiled before the meeting from the community of Lisk users. Beddows says: “Yes, we believe Lisk can host a project of this size, if not greater. The reason for this are twofold, our choice....