Lisk Jumps 10% on Core 1.0 Mainnet Launch Update


The price of Lisk (LSK), a JavaScript-based platform that allows developers to deploy and develop their own custom blockchain and decentralized applications, is up 10% after the project revealed the planned block height for the mainnet release of Lisk Core 1.0.

According to the announcement, Lisk Core 1.0 will go live once the lisk blockchain reaches block height 6,901,027 at the end of round 68327. The platform update brings a number of new features, including a new API design, a new peer-to-peer communication layer and other various improvements and feature releases.

The Lisk team leveraged a script to determine the ideal block for the launch of Core 1.0, which is expected to occur on Wednesday, August 29, no sooner than 11:00 AM CEST.

In order to choose the ideal date and time for migration, we took a variety of factors into account — resources, timeframes, buffers, possible missed blocks, exchanges, ecosystem alignment, community and many more variables.

This news comes as the first ICO on the Lisk blockchain is gearing up to launch. MADANA (PAX), a platform that provides an easy and intuitive way for users to give consent for others to use their data, will be the first major decentralized application (DApp) to launch on the Lisk blockchain.

LSK is currently ranked 23rd in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Block Height Announcement — Release of Lisk Core 1.0.0 to Mainnet
Similar: MADANA: The First ICO on the Lisk Blockchain Starts in August

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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