Lisk has kicked off the process of nominating new delegates through a voting mechanism, so to maintain the blockchain. Their contributions to the network will be compensated by rewards. The whole process of electing the delegates falls upon the stakeholders in Lisk platform and the candidates, to be elected as delegates, need to convince the community about their passion for Lisk ecosystem.
“We are excited to announce three major campaigns at once. Lisk is firm in our mission to maintain and grow a decentralized network, and so we look forward to the nomination of new delegate-leaders to foster our community. The cumulative voting power of all Lisk holders decides who will make up the 101 delegates, so it’s purely a community-led decision and that’s the direction we want to take. Sharing the power and incentivizing users is the most effective way to build a blockchain, and that’s why Lisk is on the rise,” said Max Kordek, founder of Lisk.
According to the platform’s press release,