An evening with Max Kordek (Lisk) - San Francisco Bitcoin Meetup (HD) (January 2017)

## Summary of "An Evening with Max Kordek (Lisk) - San Francisco Bitcoin Meetup (January 2017)"

1. Narrative Summary:

In January 2017, Max Kordek, co-founder of Lisk, presented at a San Francisco Bitcoin Meetup to introduce the project and its innovative approach to blockchain development. Lisk, founded in 2015 alongside Oliver, initially aimed to solve the problem of limited blockchain developers by creating a more accessible platform. They successfully raised funds through an early ICO, exchanging Bitcoin for LISK tokens, a significant moment in the burgeoning ICO trend. The project's core technology revolves around Delegated Proof of State (DPRS), a consensus algorithm enabling fast and secure transactions, and a unique SDK allowing developers to create and deploy customizable "Sidechains" – independent blockchains that connect to the main Lisk chain. The team is heavily focused on refining the codebase, improving user experience through rebranding and a "light client" design, and transitioning the SDK to a Node.js module to simplify development and broaden accessibility for both developers and end-users. A key emphasis is on creating a deterministic and user-centric ecosystem, prioritizing ease of use and a seamless experience for launching and utilizing applications on the Lisk platform.

2. Main Topics Discussed:

• Lisk Overview: Introduction to Lisk as a decentralized, energy-efficient network using DPRS consensus.
• Delegated Proof of State (DPRS): Explanation of the fast and secure consensus algorithm.
• Lisk SDK: Detailed discussion of the SDK's purpose and functionality for creating Sidechains.
• Sidechains: Exploration of the concept of customizable, independent blockchains linked to the main Lisk chain.
• Development Roadmap: Plans for a complete SDK rewrite in Node.js, with initial modules expected in late 2017.
• User-Centric Design: Emphasis on understanding and meeting the needs of various user groups (developers, investors, delegates, end-users).
• Deterministic Ecosystem: The importance of creating a predictable and consistent environment across all nodes.
• Accessibility: Focus on simplifying blockchain development and user experience, allowing users to launch applications with ease.
• Cementations: A mechanism for blockchain pruning and increased security through hashing specific points on the main chain.
• Rebranding: Efforts to improve the user experience and make the platform more approachable.

3. Key Quotes:

• "We wanted it to be so a big problem in the space that there are two field blockchain developers because there was no really easy entry into the scene." - Max Kordek, explaining Lisk's initial motivation.
• "At the end the users are those guys who are using your system." - Highlighting the importance of user-centricity.
• "Everything that is happening happens everywhere." - Describing the principle of determinism within the Lisk network.
• "I think you just want to click on the icon and just launch the app immediately." - Illustrating the desired user experience for sidechain applications.

4. People Mentioned:

• Max Kordek: Presenter and co-founder of Lisk.
• Oliver: Co-founder of Lisk.
• Max's Partner: A Node.js developer involved in the SDK rewrite.
• Member from the Cryptocurrency Startup: Present at the meetup, likely contributing to the Node.js adoption.

5. Bitcoin Price:

No specific Bitcoin prices were mentioned during the podcast episode.