Lisk Releases Version 0.4.0 to the Testnet with Increased Stabilization

Noam Stiekema

The announcement was made in Shanghai at the premier decentralized application conference, DevCon.


Berlin, Germany – September 21, 2016 –Lisk, the blockchain application platform, today announced the release of Lisk version 0.4.0 to the testnet. Today’s announcement was made at DevCon, the premier decentralized application conference taking place in Shanghai, China.

Headquartered in Berlin, Lisk’s platform uniquely allows for the deployment, distribution, and monetization of blockchain applications, each running within their own sidechains. This innovation ensures that the whole Lisk network is scalable and secure. The platform recently released a development roadmap outlining the many milestones they hope to achieve over the coming months.

Commenting on the news, Lisk Co-founder and CTO Oliver Beddows said, “The main aim in our current phase of development – Inception –  is to create a stable and robust platform. Over the past number of weeks, the Lisk core team has stablized the mainchain and made improvements to the efficiency and reliability of the platform.”

“Most importantly, we improved the efficiency of the block processing and made peer-to-peer block synchronization more reliable. Each of these improvements will promote community forging, ensuring that the network will be more secure,” added Beddows.

As part of the stabilization for this release, the Lisk team also completed numerous API bug fixes; refactored a large amount of code; fixed a transaction malleability issue; and implemented better code standards.

Currently valued at over $25 million, LSK, the cryptocurrency underpinning the platform, sits in 13th place of the most valuable digital currencies. Only last week the digital currency was approved by Apple for use in apps for the App Store.

“In addition to the development work we have been completing, we are also actively seeking developers who can develop Javascript-based blockchain applications with the Lisk SDK. We welcome interested developers to reach out to us via our website,” added Bellows.

Founded in early 2016, Lisk completed an Initial Coin Offering in May and attracted over $8 million USD. Lisk’s ICO was the second most successful crypto-currency crowdfund to date, and within the top 20 largest crowdfunds worldwide.

When completed, Lisk 0.4.0 will be released for Mac, Linux and FreeBSD platforms, with support for multiple CPU architectures.

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