Bitcoin Press Release: Following $6.5 million crowdsale, Lisk deploys first truly scalable cryptocurrency, with JavaScript compatibility and infinite ability to add new features via sidechains. May 24, 2016, Aachen, Germany – Lisk ( www.lisk.io ), the first modular cryptocurrency utilizing sidechains, has released its eagerly awaited first public release, Lisk v0.3.0, which is the first cryptocurrency to put into practice the much-discussed concept of using sidechains to infinitely extend the scalability of a digital asset ecosystem without impacting the speed or performance of the core blockchain. Sidechains are an independent cryptographic ledger that attaches to the main blockchain, but does not impact the speed or security of the main chain.
The Lisk vision is to have a highly scalable public blockchain where decentralized, blockchain based applications can be programmed without learning the often complex languages of individual blockchains. In this case, Lisk chose JavaScript, the world’s most popular programming language (more popular than C/C++ or Java), as it has a huge, global base of developers that can adapt existing applications or create new ones by utilizing Lisk’s easy-to-use SDK and extensive documentation for rapid development of blockchain applications and sidechains.
“Lisk is utterly unique,” said Max Kordek, co-founder and CEO of Lisk . “There is no public cryptocurrency platform which allows developers to easily deploy their own blockchain and build a JavaScript blockchain app on it. This will give millions of developers the ability to create their own sidechains, particularly around consumer applications, including games, social networks and the Internet of Things, but the same core functionality can also be used to develop and scale business applications.”
-more-
Lisk funded its vision by holding a four-week crowdsale which ended on March 21, 2016 , raising more than 14,000 bitcoins and 80 million crypti (80 percent of the existing market). […]
