Lisk (LSK) announced the launch of Lisk Core 1.0.0 to the main network

Lisk (LSK) announced the launch of Lisk Core 1.0.0 to the main network

The developers of the Lisk decentralized application platform announced the launch of the main network Lisk Core 1.0.0. The price of Lisk jumped more than 10% on the day on the positive news.

Yesterday the Lisk team  announced the release of one of their biggest updates, Lisk Core 1.0.0. 

 As stated in the message, the migration of Lisk Core 1.0 to the Mainnet will occur when block 6,901,027 is reached at the end of round 68327.  This is expected to happen on Wednesday, August 29, no earlier than 11:00 am European time, after which all Lisk mainnet nodes should be upgraded to Lisk Core 1.0, which replaces Lisk Core 0.9.16. 

According to the developers, the main network has been improved based on the results of testing and Quality Assurance (QA). Additionally, the team involved the community in fine-tuning Core 1.0.0. Contributions from contributors amounted to over 8,000 commits, with over 1,000 issues closed by thousands of reviews. In addition, beta testing continued for several months while the development team conducted a couple of testnet migrations to ensure the stability of the process.

 Additionally, Lisk Core 1.0 introduces a new API design, a new P2P communication layer, and additional features such as  a data field that gives the ability to include a custom message in a transaction. It also includes atomic block writing, structured test suites, and code ported to JavaScript ES6.

The LSK/USD rate has been declining recently and has recorded lows just below $2.5.  However, against the background of the news of the launch of Lisk Core 1.0.0 on the main network, the LSK coin increased in price to $3.40, by almost 15%. There was also a 26.5% increase in trading volume, according to CoinMarketCap. Market capitalization increased from $305 million at the end of the session on August 15 to $394 million by the end of the day on August 16.

According to FXStreet

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