Virtually all of the functionality included with the new tool is oriented towards Lisk Core, which is currently on Testnet. According to the team’s presentation, the upgrades include substantial additions such as the ability to get information from the blockchain directly through Lisk Core API.
Creating specific transactions that weren’t available with the previous command line tool “Lisky”, is now possible. This mostly includes verification-related issues, which will make proving ownership of a specific account much easier.
The long-awaited official announcement of a release date for the Sidechain Development Kit (SDK) still appears to be in the future. Then again, as progress towards the first step, Lisk Core is significant.
The announcement had little impact on the LSK price action, but this to be expected, given the predominantly negative market sentiment. While there was a bit of a stall, in the hours following it, heavy selling continued. If we were the visualize the dynamics, it’s better to look at the weekly chart:
Last years’ July range seems like the next support to be found, but it is quite wide for some traders’ preference. The bottom is around $1.24-$1.25, while the top side is just above $2.00. If LSK enters this realm, price action is likely to be choppy.
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