Meet the New Lisk Mainnetby@lisk

Meet the New Lisk Mainnet

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

The Lisk Mainnet v2 successfully completed the migration to Lisk v3 on August 21, 2021, at 2:00 pm CEST. This comprises the biggest protocol changes on the Lisk blockchain ever, and marks the beginning of a whole new era for the network. The old address and ID system is replaced and all existing accounts will be automatically migrated to the new system. The new dynamic fee system replaces the static fees and makes sending transactions significantly cheaper. The DPoS consensus algorithm has been completely redesigned to improve decentralization and security of the validator selection algorithm.

People Mentioned

Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Meet the New Lisk Mainnet
Lisk HackerNoon profile picture

@lisk

Lisk

We empower developers with a software development kit for blockchain applications written in JavaScript.


Receive Stories from @lisk

react to story with heart
Lisk HackerNoon profile picture
by Lisk @lisk.We empower developers with a software development kit for blockchain applications written in JavaScript.
Visit us

RELATED STORIES

L O A D I N G
. . . comments & more!