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What is Lisk (LSK)?

May 10, 2018 By admin_coin

What is Lisk Crypto Currency?
What is Lisk Crypto Currency?
A brief description of Lisk.
Lisk is a cryptocurrency that offers a next generation platform that allows for the development and distribution of JavaScript based blockchain applications. Lisk provides an easy to use interface and access full featured ecosystem. Through Lisk, developers can build, publish, distribute, and monetize their applications within a cryptocurrency powered system that allows for the use of customized blockchains, smart contracts, cloud storage, and computing nodes.

Lisk Video

https://youtu.be/Rk_0TjP1gjY

The purpose of Lisk 

Javascript based, Easy building blockchain applications, Side chains, Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, token issuance

Lisk Abstract

All cryptocurrencies utilize tokens to create a secure system of utilization. As a result, Lisk offers a cryptocurrency token called LSK. This token is used to pay various fees in order generate transactions and to use the system. LSK tokens can be acquired through various means, such as purchasing them from an exchange or from another individual using Fiat or Bitcoin (BTC)

More information can be found in the Lisk whitepaper https://github.com/slasheks/lisk-whitepaper/blob/development/LiskWhitepaper.md

Other Lisk facts

  • Trading symbol: LSK
  • Governance: Centralized > Flat
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Delegated Proof of Stake
  • Emmission rate: Unknown
  • Transactions per second:  Unfortunately we don’t have this data available.
  • Total Supply: N/A
  • Release date: 2016-05-24

Usefull Lisk links

  • Lisk’s Website
  • Lisk pricing data & fundamental Lisk information
  • Lisk’s Website
  • Lisk official blog
  • Lisk’s Bitcointalk Forum
  • Lisk’s Reddit Forum
  • Lisk’s block explorer
  • Lisk’s Alexa site stats
  • Lisk’s official forum: Unfortunately we don’t have this data available.
  • Lisk’s Github code repository:
    https://github.com/LiskHQ/lisk
  • Lisk’s roadmap:
    https://blog.lisk.io/lisk-development-roadmap-5afc4cd0612e
  • Lisk’s team page: https://lisk.io/team
  • Lisk’s whitepaper: https://github.com/slasheks/lisk-whitepaper/blob/development/LiskWhitepaper.md

Filed Under: Lisk Tagged With: Altcoin, Crypto, Currency, LSK, What is?

Other questions related to this cryptocurrency:

  • Is Lisk (LSK) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Lisk (LSK)?
  • All available information on the Lisk (LSK) ICO
  • How can I contact the Lisk (cryptocurrency) team?
  • Who is leading Lisk (LSK) crypto?
  • Where to find Historical trading info and past performance on Lisk (crypto)?
  • Where can I find fundamental analysis of Lisk (LSK)?
  • How to buy Lisk (LSK) cryptocurrency?
  • What is Lisk (LSK)?

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