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Lisk (LSK) is About to Release Core 1.0.0 to Public Test Net

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Lisk

Lisk announced the public release of Lisk Core 1.0.0 several days ago in a post on Medium. The LSK team stated that the new update will be released on June 28th. The team has also gone ahead with announcing their latest achievements, that way introducing the community to the new version of test net.

Lisk Announces Migration and Test Net Update

On June 22nd, several days ago, the LSK team has gone ahead with publishing an official announcement on Medium where they have stated that the new updates for the test net will be ready to be released into public on the following Thursday, June 28th.

They have also gone ahead with releasing the migration guide alongside with introducing the public to Lisk documentation, adding that they have been working mainly on testing the new updates as well as focusing on the documentation during the past week.

The team behind Lisk has also stated that they have been rounding up the last QA for the upcoming Lisk Core 1.0.0 announced for Thursday while paying special attention to migration process and new integrations with main net and test net data.

The team has added that the migration process is fully prepared as they have ensured that the repository containing Lisk Scripts is completely adjusted in order to be able to adopt the new conditions that way supporting the migration.

Previously announcing that their main focus went on testing during the past week, the team has also gone forward with testing the capabilities of the new migration process that will; introduce Lisk to the newer version.

The migration was tested in a way of exposing it to various scenarios while creating an ecosystem similar to live network operations. The initial testing was not in vain as the team managed to trace several issues and address these problems in a timely manner.

Lisk Performs 500 Nodes Public Beta Test

In their official announcement that came several days ago prior to releasing the new  Core update to the Lisk test net, the team also stated that they have made it with successfully running a 500 node test that turned out to be performing in accordance with the plan.

The Lisk team has been performing stress and acceptance tests, which resulted in the satisfactory outcome.

After the tests have been conducted successfully, the team was able to announce that migration will take place once block 5,594,490 is reached, followed by the Lisk Core 1.0.0 release as scheduled for June 28th.

Technical Version of Lisk Update Sections

The team has also gone forward with describing all core updates to the network, including hub, protocol, commander, elements, core, and explorer.

In this document, the LSK team describes Lisk Protocol as being fundamentally consisted of peer-to-peer communication, blockchain transactions, and cryptography for providing security to the network and more, while Lisk Core was explained as software using LSK protocol while receiving all new releases of updates to the network.

Lisk Elements is presented as a JavaScript depository with different sections like a passphrase, API client, cryptography and transactions.

The Command Line Interface is using Lisk Commander, another one of updates sections, in order to create a tool that would enable developers to consequently increase the level of efficiency when it comes to coding with CLI.

Identification, access, and different LSK transactions are made to be a part of Lisk Hub, which actually enables LSK holders to participate the network, while the section Lisk Explorer is working on collecting data regarding transactions, blocks, and blockchain in general.

All detailed information on the technical version of LSK update sections can be found in the official Lisk announcement published on Medium.

Lisk (LSK) Performance

Although the market has shown a rock-solid sign of bouncing back up against the dollar, after acquiring over 2% of gains in the last 12 hours, LSK once again fell down against the dollar, although going down with a minor drop of -0.28%.

After the latest change in the market, the 24th-best currency can be traded at the price of 5.46$.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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