Max Kordek, Co-Founder & CEOLisk uses a sidechain development kit (SDK), to build powerful and scalable blockchain applications. The SDK also includes utility tokens known as LSK that are used to pay the fees associated with sending transactions across the network. The SDK makes use of JavaScript, one of the most commonly used programming languages across the globe, for coding. Different apps and functionalities can be developed using the Lisk SDK framework.
With a seamless user interface and a multitude of custom features, a blockchain application can be created on the Lisk platform with ease.
The primary step involves developing a sidechain followed by creating an interface with a great user experience for the sidechain. Tools such as Lisk Commander, Lisk Elements and Lisk Core are used in achieving this task.
The Lisk Commander helps in creating a cryptographically secure genesis block or bundling the vital sidechain components. These components consist of the essentials of Lisk Core, which is the program that implements Lisk. The Lisk Core essentials constitute an efficient P2P WebSocket transport layer or a standardized account ledger system. One of the sidechain modules available for Lisk Commander, the command line interface aids in the easy conduction of sidechain development. Another tool that empowers the side chain is Lisk Elements, which is a collection of useful libraries such as consensus algorithms, pre-defined transaction methods, and the API from which important sidechain parts are drawn. These parts achieve a shared cryptography, have an extensible API, and extendable transaction types. Lisk Elements offer developers the ability to contribute useful modules, algorithms, scripts, and example transaction ways.
The addition of more functionalities through new transaction types can be done effortlessly in Lisk Commander. By integrating a token to the sidechain, the payment for the sidechain’s functionalities and the associated fees are taken care of. By making use of this token, existing components can be exchanged with those that were used while creating and a unique logic can be added to the sidechain.
Once the sidechain is developed, a beautifully designed interface with an exceptional user experience is created using the Lisk API. Post the creation of the blockchain application with the custom features and user interface, it is tested using the full test suite provided by Lisk Commander. For the codes that have been added, writing tests are conducted using the same. After the tests are performed, the application is run in a controlled environment known as Testnet. Testnet checks for any irregular events in the apps and makes sure that everything is working as it should. The final stage includes making the customized blockchain application available to the public. However, before doing so, the user needs to strategize on how they can incentivize the public to secure their sidechain and how the application can be promoted within the whole blockchain industry.
Striving to meet the industry challenges such as the lack of formal blockchain education, Lisk intends to reach out to the global population to educate them in terms of the blockchain. By combining progressive and innovative protocol change with tried and tested open source initiatives, Lisk envisions on providing a whole package of a functional blockchain ecosystem.
The Lisk Commander helps in creating a cryptographically secure genesis block or bundling the vital sidechain components. These components consist of the essentials of Lisk Core, which is the program that implements Lisk. The Lisk Core essentials constitute an efficient P2P WebSocket transport layer or a standardized account ledger system. One of the sidechain modules available for Lisk Commander, the command line interface aids in the easy conduction of sidechain development. Another tool that empowers the side chain is Lisk Elements, which is a collection of useful libraries such as consensus algorithms, pre-defined transaction methods, and the API from which important sidechain parts are drawn. These parts achieve a shared cryptography, have an extensible API, and extendable transaction types. Lisk Elements offer developers the ability to contribute useful modules, algorithms, scripts, and example transaction ways.
The addition of more functionalities through new transaction types can be done effortlessly in Lisk Commander. By integrating a token to the sidechain, the payment for the sidechain’s functionalities and the associated fees are taken care of. By making use of this token, existing components can be exchanged with those that were used while creating and a unique logic can be added to the sidechain.
Once the sidechain is developed, a beautifully designed interface with an exceptional user experience is created using the Lisk API. Post the creation of the blockchain application with the custom features and user interface, it is tested using the full test suite provided by Lisk Commander. For the codes that have been added, writing tests are conducted using the same. After the tests are performed, the application is run in a controlled environment known as Testnet. Testnet checks for any irregular events in the apps and makes sure that everything is working as it should. The final stage includes making the customized blockchain application available to the public. However, before doing so, the user needs to strategize on how they can incentivize the public to secure their sidechain and how the application can be promoted within the whole blockchain industry.
Striving to meet the industry challenges such as the lack of formal blockchain education, Lisk intends to reach out to the global population to educate them in terms of the blockchain. By combining progressive and innovative protocol change with tried and tested open source initiatives, Lisk envisions on providing a whole package of a functional blockchain ecosystem.
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