Sunday, April 28, 2019

Lisk Highlights, April 29th 2019: Lisk meetup at the EliteCenter Tokyo; Secure crypto wallets, DPOS+PBFT, and Airdrops.

Hello there. Here is my selection for today's highlights and interesting items within the Lisk ecosystem and beyond.....

Lisk meetup at the EliteCenter Tokyo; Secure crypto wallets, DPOS+PBFT, and Airdrops.

Last Friday saw EliteCenter Tokyo host a Lisk meetup for a congregation of what could be described as "junior Liskers"; basically folk just learning about the Lisk eco-system and making their first use of the Lisk hub, wallets etc. It was anticipated that 25 such Liskers were to attend, however it ended up being 30 that arrived, as some brought friends along. With Lisk delegate bigfisher present the presentation began and so the audience were lead through a comprehensive overview of how the Lisk project operates in regards to voting, dividends etc.

Following that the first guest speaker of the night from outside the Elite group was Mr Tianyu Zheng, COO of ChainBow.io. ChainBow is a multi- currency crypto wallet that also provide smart contract enhancement on BlockChain. It allows users to fully control the mnemonic and private key of the APP wallet and boasts multi-level security protection.

The second speaker was Mr. Brady Luo, everiToken Founder & CEO, who gave a detailed presentation of what everiToken is doing at present, and its future plan in Japan. EveriToken describes itself as the world’s first token-customized public chain for the token economy, and aims to provide the global infrastructure for the token economy. Of interest to liskers is that the everiToken public chain adopts the “DPOS+PBFT” consensus algorithm. That is Delegated Proof of Stake + Practical Byzantine Fault Tolerance. Essentially, all of the nodes in the pBFT model are ordered in a sequence with one node being the primary node (leader) and the others referred to as the backup nodes. All of the nodes within the system communicate with each other and the goal is for all of the honest nodes to come to an agreement of the state of the system through a majority. Nodes communicate with each other heavily, and not only have to prove that messages came from a specific peer node, but also need to verify that the message was not modified during transmission. It is claimed that one of the primary advantages of the pBFT model is its ability to provide transaction finality without the need for confirmations like in Proof-of-Work models such as the one Bitcoin employs. If a proposed block is agreed upon by the nodes in a pBFT system, then that block is final. This is enabled by the fact that all honest nodes are agreeing on the state of the system at that specific time as a result of their communication with each other.

The final speaker of the night was not physically in attendance at the venue, however he had prepared a quirky computer-animated video message that was played to all at the meetup. This was Richard Jarritt, Co-Founder and Chief R&D Officer of GNY.io, the project bringing Machine Learning to Lisk in the form of the LML sidechain (Lisk Machine Learning). After his hellos to the Japanese Liskers, Richard spoke about the team's recently released world’s first demo of the truly decentralized machine learning platform within a blockchain. He said he believes it is going to be a bright 2019 for all involved with Lisk. He also said the GNY team are looking forward to listing both LML and GNY tokens on the newly launched EliteX Exchange, and to celebrate this upcoming occasion that he was airdropping LML and GNY tokens to everybody in the venue that night. A nice touch, and I am sure one much appreciated. Hedy from EliteX Exchange was instrumental in this and brought GNY on-board. Well done, Hedy.

Currently there are four companies working on projects in the EliteCenter Tokyo. As a Lisk incubator they also hope to attract many more projects or developers. With the release of Lisk SDK they aim to foster much more activity within the Lisk ecosystem. Seeing as how Japan is one of the pioneer countries in the blockchain and digital currency area, and how the government there also strongly supports the blockchain, Lisk has great potential to florish and grow in Japan.

A special word of thanks goes out to Zhou Zhichao, the main organiser of the EliteCenter, Tokyo, meetup, who helped me compile this piece. Zhou had this finally to say regarding EliteCenter, "In the future, we are planning to hold Lisk events every month, with the aim of attracting more Japanese Liskers and making EliteCenter a Lisker community hub in Japan."

 

That's it for today's highlights.

These highlight posts also go out daily on the….

LISK Highlights exclusive Telegram group: https://t.me/LiskHighlights

LISK Highlights Twitter : https://twitter.com/HighlightsLisk

They are are also included in my weekly roundup on the LISK Highlights Medium account and the Bitcoin talk forum's LISK thread, so keep an eye out for them on these outlets also.

Keep the faith Liskers! 👍


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