Connect with us

Blogs

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

Published

on

Lisk
READ LATER - DOWNLOAD THIS POST AS PDF

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$.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Pexels

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social
READ LATER - DOWNLOAD THIS POST AS PDF

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

Continue Reading

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

Continue Reading

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

Published

on

collateralized debt position
READ LATER - DOWNLOAD THIS POST AS PDF

While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

Continue Reading

Elite