Powered by

Artificial Intelligence

Lisk Review 2019: What’s Up with LSK?

► Long form review:
► dPoS Post:
► Lisk Wallets:


⛓️ 🔗 Helpful Links 🔗 ⛓️

► Website:
► Documentation:
► GitHub:


📱️ Socials 📱

► Blog:
► Twitter:
► Telegram:


📝 Overview 📝

The Lisk platform will allow these developers to build and deploy decentralised applications (that’s dApps) in JavaScript.

Central to the Lisk technology stack is their use of Sidechain technology and SDKs (That’s software development kits).

The Lisk SDK allows these developers to deploy their own sidechain to lisk that is fully customisable and free from potential bloat from the mainchain.

In terms of this Mainchain, Lisk uses a Delegated Proof of Stake (that’s dPoS) consensus mechanism.

With this consensus algorithm, blocks are generated by delegated nodes and on the network. With Lisk, the total number of delegates is fixed at 101.

LSK is the utility token on the network and it acts as fuel for the network. It is earned as a reward for block producers as well as to stake.

These tokens are also used to run dApps on the Lisk platform.

The first LSK tokens were initially issued in an ICO crowdsale. Lisk was able to raise an eyewatering 14,000 Bitcoin.

Lisk is a fork of an earlier project called Crypti. This was a project that was founded by the current CEO and CTO of Lisk.

There are over 53 members in the broader Lisk team with a wide array of backgrounds and experience. There are blockchain engineers, full stack developers, data scientists, marketing, operations etc.

They are based in Berlin although the Lisk foundation is based in Zug, Switzerland.

There has been a great deal of work that has been done on the Lisk project as can be evidenced by the extent of their GitHub commits.

LSK is listed on numerous exchanges although the bulk of the volume is currently taking place on Yobit.

There are strong liquidity levels across the exchanges which implies easy execution for your orders.

There are a number of wallets that support Lisk. If you want to stake then you will have to use the proprietary wallet. However, your best bet is perhaps a hardware wallet.


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Lisk #LSK #crypto #blockchain #Review #JavaScript #Developers #ETH #Binance #trading #cryptocurrency #Ethereum

Source: Coin Bureau

19 Responses

  1. Been out of the space for a while. Only just discovered your videos and they're a lifesaver for general overview and understanding of projects, their potential, their raison-d'etre, their community and current status as well as general token economics. Sooo helpful. Thanks. Wishing you lots of growth, success and enjoyment during this crypto bull season.

  2. Dear Liska fans, I believe that in some relative time every single piece will have the value of at least the last ATH is inevitable.
    I am collecting for the 2020 holiday please support.
    LISK address 14302447742557569862L
    thank you very much

  3. hah, absolute shitcoin. was forked off a shitcoin and will die a shitcoins death. but not before maxipad siphons off more funds to his best friends at madana. think the current PUBLICLY released figures were 320,000 euros "given" to his friend, so they can build an erc20 token that has nothing to do with lisk, lol.
    btc low of 3200~ has gained over 330%.
    lsk low of 1.06 has meekly made its way to a whopping 1.20, and this is despite the alpha sdk. this should tell you all you need to know about how the market feels about this bad april fools joke coin

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay Connected

To stay on top of the ever-changing world of cryptocurrency, subscribe now to our newsletters.

Subscribe To Our Weekly Newsletter

Get notified for our latest news
We’ll never spam your inbox

At Upshot Firm, we can help your business automate using latest technologies, like New Website Development, Applications (Apps) Creation, Blockchain Integration, Artificial Intelligence (AI) process managment. We also have experience in Smart Marketing and have access to influencer.