Lisk (LSK) – A Beginner’s Guide, Review & More
What is Lisk?
Lisk tackles scalability with its particular architecture, for every application developed on it a sidechain is implemented. Users can issue own tokens and build all kind of projects on Lisk-sidechains, private or permissionless.
Lisk was founded by Max Kordek and Oliver Beddows in 2016. It is a fork from the Crypti-project. An ICO was held from 22 February 2016 to 21 March 2016 in which 6,350.000 USD was collected.
Can Lisk be mined?
No, it is based upon delegated Proof-of-Stake (dPoS). The community can vote 101 delegates which verify transactions on the main chain.
What differs Lisk from other Cryptocurrencies?
How much is it worth today?
What is the total and the circulating supply?
The total supply of LSK is 120,802,932 and the circulating supply at the time of writing is 105,552,723 LSK.
Where can you buy LSK?
You can buy LSK on several cryptocurrency exchanges, most notably Binance, Bittrex, and YoBit.
Can LSK be sold for cash?
You can sell LSK for cash on several cryptocurrency exchanges that have fiat-pairings, most notably Upbit.
The team behind Lisk is working on a new address-system, a decentralized exchange and a blockchain application platform in 2018.
Verdict and Rating
DisclaimerThe writer’s views are expressed as a personal opinion and are for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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