Lisk Blockchain Platform Could Host Megaupload 2.0 and Steemit

in #blockchain8 years ago

 Oliver Beddows, CTO of Lisk,  has responded in the affirmative to a question on whether the Lisk blockchain is currently able to host a project of Steemit size considering the stability of its network.Beddows gave the answer on August 13th during the first technical meeting - the second community meeting focusing on the technical aspect of Lisk - where developers provided detailed answers to questions compiled before the meeting from the community of Lisk users.Beddows says:

“Yes, we believe Lisk can host a project of this size, if not greater. The reason for this are twofold, our choice of database system: PostgreSQL, which has many avenues for scalability, and secondly the fact that each sidechain operates autonomously from the mainchain with the minimum of parent."

Steemit and Megaupload 2.0

Steemit is a decentralized social media platform which rewards posters and voters online. Lisk is not intending to do a similar project as Steemit.Beddows adds:

“Our platform requires a lot more development effort to establish the maturity and security required to operate such a high value sidechain, but the fundamentals are all there.”

In response to another related question, Lisk CEO Max Kordek  said Megaupload 2.0 will not affect the Lisk platform as an open source project that can run everywhere.Kordek says:  

“The Lisk project is a platform which enables the development of applications and services. An application like Megaupload 2.0 is only one use-case of what is possible with Lisk. If Kim’s new project really takes off then it will benefit the whole blockchain space because it brings further adoption into it.”

The Lisk team says they have established communication channels with the major Lisk exchanges and will be asking the owners directly, particularly Poloniex next week, about enabling margin trading for Lisk. 

Author: Olusegun Ogundeji

Sort:  

Lisk runs on the old Bitshares toolkit. Which was very scalable but has been superseded by Graphene toolkit which Steem and Bitshares currently runs on. Graphene has massive performance benefits over the old codebase. So i would like to say that Steem/Graphene is capable of running lisk, steem, megaupload, reddit, facebook and more

This article is hilarious ! Great answers !

It seems that BitShares and Graphene will be ignore forever ... even when you stick a living proof of the capabilities of graphene in front of 55k users.

This post has been linked to from another place on Steem.

Learn more about linkback bot v0.3

Upvote if you want the bot to continue posting linkbacks for your posts. Flag if otherwise. Built by @ontofractal

Congratulations @steeman! You have received a personal award!

Happy Birthday - 1 Year
Click on the badge to view your own Board of Honor on SteemitBoard.

For more information about this award, click here

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @steeman! You have received a personal award!

2 Years on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Semi Finals - Day 1


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @steeman! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!