Lisk focuses on mass adoption of Web3 by simplifying development
Years of development
Lisk is by no means a new project. With its roots in 2016, co-founders Max Kordek and Oliver Beddows set out to create a development base like no other. They wanted to give developers three things:
- An easy entry point into the blockchain.
- Greater autonomy in the creation of applications.
- A scalable and interoperable network.
With those who already knew the language and those seeking a career in programming, it offered a wider range of possibilities.
On the Lisk protocol, developers can build blockchain applications using the Lisk SDK. The differences between dApps and blockchain applications are striking although both are applications.
Blockchain applications allow:
- More independence and flexibility for developers.
- Main chain security while working independently.
- Connectivity that establishes a foundation for future interoperability within the Lisk network.
Finally, the oldest and most important long-term goal of the Lisk development team is interoperability. Although this term has become a buzzword in today’s blockchain culture, the Lisk team has had it as its main focus since the beginning. The aforementioned blockchain applications are a key part of this fact as they will play a role in interconnecting Lisk with other chains via sidechain technology.
Currently, research and development is focused on interoperability within the Lisk network. Blockchain applications can connect to each other so that users can seamlessly interact within the Lisk ecosystem and its various applications. This will lead to a fully connected and integrated blockchain network for greater ease of use. Developers, investors and community members will be able to work together without ever leaving the network.
The Lisk Grant Program
Project founders should come up with a business plan and presentation to present to the Lisk team. Once this has been reviewed, the teams will meet for an interview and assuming the project is approved, development can proceed to the pre-determined stages. Funding for successful projects is disbursed in LSK at the end of each stage.
Successful apps powered by Lisk
Interest in the Lisk grant program has grown steadily since its inception. Many of these apps have reached milestones and are helping grow the Lisk ecosystem. Here are some examples of these projects:
This project is about secure digital identity. By using public key technology, Idntty allows users to keep a record of their personal information and share it without providing any irrelevant data. This concept is one that has always been prioritized by blockchain technology and Idntty uses the Lisk SDK to create digital identity and signature solutions.
Faet creates a metaverse on the Lisk network and is the culmination of many blockchain concepts like NFTs, peer-to-peer networks, and decentralized commerce. The Faet Network uses the Play-to-Earn model for a deeper and more engaging gaming experience. It also contributes to the flourishing Web3 revolution which is rapidly spreading.
You can explore the entire Lisk ecosystem on the Lisk website.
The future of Lisk
Lisk is now progressing through the current Sapphire stage of the Lisk roadmap. This phase began in August 2021 and focuses on interoperability within the ecosystem. Research and development continues expanding efforts towards the final stage, an exciting time surely awaits the Lisk project in the months to come.
Follow Lisk on Discord and Twitter to be aware of all the advances and advances in the development of the project!
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