Lisk’s roadmap to interoperability seeks to enable blockchain applications to communicate and transact with one another. With the Lisk mainchain for full interoperability, it becomes possible to unlock the Lisk blockchain application platform.
Max Kordek, CEO and Co-founder of Lisk, said: “In conceptualising our roadmap to complete ecosystem interoperability, we were struck by the image of the diamond, the multifaceted emblem of invincibility, purity and perfection that represents everything we hope to achieve.
“To reach this point, Lisk will traverse through the gemstones, most immediately through Emerald to Sapphire, building the pathway to the future reveal of the Lisk blockchain application platform’s final form: Diamond. The coming months are going to be enormously exciting and we encourage developers to get involved right now by engaging with our accessible code and loyal community.”
- Quartz (2016) represented Lisk Core v0 9and the launch of the Lisk network)
- Amber (2018) was Lisk Core v1 which created a stable network (albeit with limited functionality)
- Ruby (2019) was Lisk Core v2 – built with the then newly introduced Lisk SDK
- Emerald will come later in 2021 and be Lisk Core v3 (built with the Lisk SDK v5); it features multiple protocol improvements – like a new fee system, new address system and new consensus algorithm
- Sapphire, which introduces Lisk interoperability, sees implementation starting in May 2021
- Diamond is for the future. It will expand the interoperability protocol to third party blockchains for full ecosystem interoperability and will use ‘Lisk Bridges’.
Announced at its recent Lisk.js, the implementation of the Sapphire phase for Lisk has begun. Its focus is on interoperability solution. The objective is to connect the entire Lisk ecosystem for the first time.
Lisk and interoperability
At Lisk.js, the company revealed its approach to interoperability along with the publication of a series of research papers known as LIPs (Lisk Improvement Proposals). Each of the 17 LIPs focuses on interoperability and details a specific piece of research in Lisk’s pursuit of interoperability. Lisk says it publishes each LIP in advance of implementation, to allow for:
- peer reviews
- community feedback
- transparent implementation.
Diamond, the final phase of Lisk’s roadmap (see above), envisages full interoperability with other blockchain protocols. Possible candidates include Ethereum and Polkadot. The intention is to enhance scalability. While blockchain networks differ in security, privacy and throughput, interoperability will permit cross communications between networks. This will diminish the existing hindrances encountered when businesses have or wish to use different blockchain networks.
Enterprise Times: what does this mean
Emerald, as phase four in the Lisk roadmap, sees the Lisk network transitioning into interoperability via the Sapphire phase. Continued expansion and innovation in the space of blockchain interoperability should then lead, at least according to Lisk, to greater accessibility which, in turn, opens up wide-scale use and adoption.