Lisk Genesis Block Distribution and Mainnet Launch Countdown

in #crypto-news8 years ago (edited)

We have just finalised the Lisk genesis block which contains all information concerning LSK distribution. It consists of 8069 single Lisk accounts with the following distribution:

  • 83,605,344.7663202 LSK - Validated ICO Accounts
  • 1,394,655.23363505 LSK - Unvalidated ICO Accounts
  • 4,000,000 LSK - Max’ Account
  • 4,000,000 LSK - Oliver’s Account
  • 4,000,000 LSK - Bounty Fund
  • 2,000,000 LSK - Adviser Fund
  • 1,000,000 LSK - Early Adopters Fund
  • 0.00004472 LSK - Dust

We have prepared a Google Sheet at which you can take a detailed look at the genesis block distribution. The document contains the full 100 million LSK distribution including the developers shares, the ICO participants, and all separate funds.

Please note: Those who did not validate their passphrases on the ICO website will be contacted a few days after launch. We will require a Lisk address from you in order to transfer your acquired LSK to it. The LSK associated with non validated accounts will be held in the Lisk account 9243982164850799229L.

Definite Release Time

Many of you have expressed their interest into the exact release time Lisk will launch. Until now we were hesitant on releasing an exact time as there were still moving parts in our internal launch plan. However, now we can announce with full confidence a definite release time.

Lisk will launch on May 24, 2016 at 8pm UTC.

Tomorrow we will add a countdown to our website so you can see immediately how many hours are left until launch.

Kind regards,

Max Kordek

[Original post here]

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OK, I'll admit to not spending every day keeping up with events and new stuff in the cryptosphere. What is the big deal with Lisk? It sounds like that really old programming language without a speech impediment. All I know is that it is supposedly scalable and modular in design. That's fine, but is it private & fungible?

Can't wait! :)

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