Asynchronous event-driven programming is possible with js, which eliminates the need for blocking processes. Scalability is improved as a result of this.
- It’s a blazingly fast runtime environment.
- With Node.js, data streaming is much simpler to implement.
- Thousands of open-source modules and software, as well as a thriving developer community, enrich the ecosystem.
As one can see, creating a blockchain isn’t simple, even though Bitcoin just provided a decentralized P2P payment network. When Ethereum was first released in 2015, it promised a lot more. Ethereum also simplified blockchain growth. Here are a few interesting facts about Ethereum:
They provided smart contracts, which are pieces of code that pass cryptographic assets automatically based on predefined conditions. In “How to Deploy Smart Contracts on Ethereum?”, I clarified smart contracts.
Smart contracts are decentralized, open-source, transparent, tamper-proof, immutable, and self-governing.
Ethereum smart contracts are written in languages like Solidity or Vyper.
Ethereum facilitates application creation by providing a set of protocols. The “Ethereum Virtual Machine” (EVM), which executes the code, is the most important component here. The role of EVM in “Blockchain software created using the Ethereum network” has been clarified.
These are Ethereum-based web applications that are open-source.
Business owners and developers will purchase Ether (ETH), the native cryptocurrency of the company. They can then create decentralized business models using this feature-rich framework. The use of public blockchains has increased as a result of this.
Challenges to Ethereum: Simplifying Blockchain Technology Further
New public blockchain creation platforms have emerged as Ethereum’s challengers over time. They’re attempting to make blockchain creation even easier. The following are a few examples:
- NEO: This smart contract platform uses the “Delegated Byzantine Fault Tolerance” (dBFT) consensus algorithm to improve scalability and transaction throughput. Smart contracts can be written in common programming languages such as C#, Java, and Python by a software developer.
- EOS: This smart contract platform allows programmers to write smart contracts in C++. Since EOS uses “Delegate,” it has greater scalability and transaction throughput.
Lisk Blockchain Creation
One may use Lisk to build a Node. js-based public blockchain DApp as follows:
Assemble the development team.
In the squad, you’ll need the following roles:
- Analysts in business;
- Designers of user interfaces and user experiences (UI/UX);
- Developers of Solidity smart contracts;
- A project manager is someone who manages a project (PM).
Purchase Lisk cryptocurrency tokens.
To build an app on the Lisk platform, one must first purchase Lisk (LSK) crypto tokens. This entails the following procedures:
The “Lisk Hub” desktop wallet must be downloaded and installed. This is a safe place to keep the Lisk tokens. One can quickly submit and receive Lisk. This also makes voting in the Lisk network’s decision-making process simpler.
To build the Lisk ID and set up the Lisk account, go to “Lisk Hub.”
Lisk can be purchased on a cryptocurrency exchange. In “5 best websites to buy LISK cryptocurrency at the lowest price,” one can find a list of crypto exchanges that sell Lisk.
Install “Lisk Core”
The “Lisk Protocol” is implemented using the “Lisk Core” program. Here are some short facts to consider:
The code execution engine in “Lisk Core” is Node.js.
All data on the Lisk main network is stored in a PostgreSQL database.
It also caches API responses using Redis as the database.
You’ll need to run a Lisk node for the Lisk creation project, and “Lisk Core” makes that possible. This necessitates the following actions:
One must first set up “Lisk heart” according to the instructions found here.
To learn how to perform the appropriate management, setup, and monitoring tasks, consult the “Lisk Core” user guide.
Set up “Lisk Commander”
The “Command Level Interface” (CLI) for using the “Lisk Core” APIs is “Lisk Commander.” It will be used throughout the production process. Follow these steps to get started:
Follow the instructions here to set it up.
Take a look at their user guide. It goes into how to set up “Lisk Commander,” as well as the command list and how to use it in general.
Set up “Lisk Elements”
Follow the instructions here to set up “Lisk Elements.”
Develop, test, and distribute the app
One can start building the app now that one’ve installed the required Lisk SDK components. This entails the following procedures:
- Create a sidechain tailored to the app.
- To communicate with the sidechain, use “Lisk Commander.”
- To create the app’s functionalities, use appropriate modules from “Lisk Elements.”
Assume you’ve already written Solidity smart contracts outside of Lisk. One must incorporate them into the app. One of Lisk’s creators, Max Kordek, has demonstrated how to incorporate smart contracts with a Lisk app. “What is Lisk?” is a good place to start. For more detail, see “And What It Isn’t.”
Use the LSK stored in the “Lisk Centre” to construct the app and perform other tasks.
For more details, one can consult Lisk’s comprehensive documentation. This completes the Node.js blockchain build on Lisk.