Oliver Beddows, CTO of Lisk,  has responded in the affirmative to a question on whether the Lisk blockchain is currently able to host a project of Steemit size considering the stability of its network.

Beddows gave the answer on August 13th during the first technical meeting  - the second community meeting focusing on the technical aspect of Lisk  - where developers provided detailed answers to questions compiled  before the meeting from the community of Lisk users. Beddows says:

“Yes, we believe Lisk can host a project of this size, if not greater.  The reason for this are twofold, our choice of database system: PostgreSQL,  which has many avenues for scalability, and secondly the fact that each  sidechain operates autonomously from the mainchain with the minimum of  parental dependency."

Steemit and Megaupload 2.0

Steemit is a  decentralized social media platform which rewards posters and voters  online. Lisk is not intending to do a similar project as Steemit. Beddows adds:

“Our platform requires a lot more development effort to establish the  maturity and security required to operate such a high value sidechain,  but the fundamentals are all there.”

In response to another related question, Lisk CEO Max Kordek said Megaupload 2.0 will not affect the Lisk platform as an open source project that can run everywhere. Kordek says:  

“The Lisk project is a platform which enables the development of  applications and services. An application like Megaupload 2.0 is only  one use-case of what is possible with Lisk. If Kim’s new project really  takes off then it will benefit the whole blockchain space because it  brings further adoption into it.”

The Lisk team says they have established communication channels with the  major Lisk exchanges and will be asking the owners directly,  particularly Poloniex next week, about enabling margin trading for Lisk.

source: https://cointelegraph.com/news/lisk-blockchain-platform-to-host-megaupload-20-and-steemit

Support:@Olusegun Ogundeji @Max Kordek