Meet the New Lisk Mainnet

We are proud to announce that on August, 21st 2021, at around 2:00 pm CEST, the Lisk Mainnet v2 successfully completed the migration to Lisk Mainnet v3. This comprises the biggest protocol change to ever occur on the Lisk blockchain, and marks the beginning of a whole new era for the Lisk network as it eliminates all weaknesses of the Lisk Mainnet v2 related to fees, consensus algorithm and accounts, and also prepares and improves the Lisk blockchain for the upcoming interoperability release in many regards. What does this mean for me? New Account System Dynamic Fee System Revamped DPoS Total Immutability with Lisk BFT Significant Performance Improvements New Modular Architecture Lisk Mainnet Party Recap Outlook: What’s coming next Development Focus: Lisk Interoperability Research Focus: Blockchain Interoperability Conclusion What does this mean for me? This section provides an overview of the new and updated features which are now available on the new Lisk Mainnet v3. 1. New Account System Did you know that with Lisk v3 you have an extremely secure new account address system, with built-in error detection for typos? No need for account initialization anymore! We give our community complete security. The old address and ID system has been replaced and all existing accounts have been automatically migrated to the new system. This introduces a longer address, decreasing user experiences of address collisions and ensuring that su...