Lisk

#21
Price: $3.7907300018
Change(24h):
+ 2.01%
Volume(24h): $6,445,356
Market Cap: $414,046,633
Lisk is a public blockchain platform that provides an environment for the development of decentralized blockchain applications (DApps) written in JavaScript. Forked from Crypti (now an inactive coin) by Max Kordek and Olivier Beddows in early 2016, Lisk was distributed through an initial coin offering (ICO) in March 2016. The crowdsale brought in about USD 5 million, ranking as the second biggest ICO at that time. LSK is a non-minable delegated Proof-of-Stake (PoS) type of coin. It has a total coin supply of 120 million tokens, with around 88% of them currently available for trading. Created in the German town Aachen, but now based in the capital of Berlin, Lisk has a partnership with Microsoft Azure.

Crypto Coin Index:

Top 30 CryptoCoin INDEX

Minable: No

Coin Prefix: LSK

Type: Coin

Websites:

Latest Hight: $0.00

Lisk Markets

# Source: Pair: Price:
1
HitBTC
LSK/BTC
$5.691209344
2
Bittrex
LSK/BTC
$5.684877632
3
YoBit
LSK/BTC
$5.6970745088
4
Binance
LSK/BTC
$5.692542336
5
Livecoin
LSK/BTC
$5.7625910656
6
Huobi
LSK/BTC
$5.71187072
7
Binance
LSK/ETH
$5.723750502
8
OKEx
LSK/BTC
$5.6620834688
9
Huobi
LSK/ETH
$5.692970012
10
Poloniex
LSK/BTC
$5.684211136

LISK

  • Launched: March 2016
  • Based in: Germany
  • Founders: Max Kordek and Oliver Beddows
 

Shrouded in a cloud of misunderstandings, LISK unveils its potential

Despite the large number of rumors surrounding it, Lisk is gradually revealing its full potential as one a reliable and competitive currency. In order to disperse misunderstandings about Lisk, here is a brief explanation of what it is and what it is not. The LSK is a cryptocurrency utilizing the Delegated Proof-of-Stake algorithm, delegating up to 101 main chains and allowing community voting as well. With LSK users can perform private transactions, payments, or hold and trade digital resources within a chain of secure Blockchain networks. It allows anonymous transactions, service purchase, storage, DApps development solutions purchases, etc. on a stand-alone Blockchain or on the Lisk Blockchain. Lisk is not compatible on every Blockchain network, nor is an Ethereum fork. The LSK allows direct peer-to-peer data and digital asset transfers within up to 10 seconds. Lisk looks forward to becoming a bastion of digital economy in the field of fast and secure transactions within the Lisk Blockchain or the multitude of other available sub-chains (possible to build on the Lisk Decentralized App).

Lisk is a fully decentralized and open-source cryptocurrency. Although being a cryptocurrency written in JavaScript produces an immense amount of speculations about its security, Lisk utilizes unique cryptographic algorithms similar to the ones used in conventional banking, thus guaranteeing a safe, open and private environment for financial transfers and further market usage. Furthermore, it uses ‘brain wallets’, which secure users’ assets and cryptocurrencies within a complicated system of passphrase, authentication and initial verifications. In addition, Lisk has a peer-review system and uses smart contracts for further improving both connectivity and protection.

 

What is special about Lisk and does it have a place in the digital economy?

The Lisk platform is stable and scalable. It is similar to the Ethereum Blockchain logic for expanding the Blockchain network with the use of smart contracts and deploying decentralized applications. These applications, however, are just “Blockchain applications” as Lisk platform describes them. The major difference is the approach Lisk has towards consensus algorithms – using delegated Proof-of-Stake (DPoS) protocol – and the usage of side-chains for application and data storage, development solutions (using sidechain fork), etc. Lisk does not use virtual machine technology. Anyhow, the LSK is a private and widely acceptable cryptocurrency as it moves towards the further Blockchain market decentralization with a new 2018 development agenda.

 

Lisk is undoubtedly among the top cryptocurrencies on the market today both as marlet cap and analysists recognition. The Lisk platform undergoes a vast development boom, as it multiplies the possibilities of side-chain network usage in the global Blockchain community. Running decentralized Blockchain apps and giving a variety of solutions for the digital business and its needs, the Lisk platform provides a stable and secure environment for digital trades, services and assets storage or transfer. Moreover, the demand for such apps and platforms is rapidly increasing in digital and conventional businesses alike. Utilization of Blockchain technology and the possibilities it gives for improving direct and secure economy transaction practices is favoring cryptocurrencies like Lisk.