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  • It's time for the Lisk Development Update! January 19, 2022
    Our CTO and co-founder, Oliver Beddows, has just provided the second development update in 2022 💡 Check out the #developers-announcements channel on our https://lisk.chat/ community discord or scan the QR code below to get to know more ⬇️ https://preview.redd.it/ylsua7erkmc81.jpg?width=2166&format=pjpg&auto=webp&s=b5c6a56bfb9353bbc420fd16733ef729f85603cd submitted by /u/CoinMichael333 [link] [comments]
    /u/CoinMichael333
  • Lisk Gained 21.63% today and is leading the Charts! January 18, 2022
    submitted by /u/AttackBody [link] [comments]
    /u/AttackBody
  • Lisk mentioned on Medium: https://medium.com/@craig_10243/proof-of-unregistered-security-798f4df2fbb9 January 18, 2022
    submitted by /u/A_solo_tripper [link] [comments]
    /u/A_solo_tripper
  • What's going on with Marketing? January 17, 2022
    The Discord chat group for Lisk appears to be reporting that Max been absent from HQ for nearly a month now leaving Lisk without leadership* Given that the Amplifire event wasn't too long ago, and Max is the head of marketing, I find this curious. This would be a good opportunity for the head of […]
    /u/foddersan
  • Lisk Gained 17.64% today and is leading the Charts! January 16, 2022
    submitted by /u/AttackBody [link] [comments]
    /u/AttackBody
  • Deposit and withdraw lisk January 14, 2022
    Is there an exchange platform that supports withdrawals and deposits? submitted by /u/LTC2011 [link] [comments]
    /u/LTC2011
  • Lisk Financial Update for December 2021 January 13, 2022
    It's time to sum up Lisk Foundation's finances in December 2021 👀 Check out our Monthly Financial Update and get to know more about expenditures, lending, buyback, and total assets held 💰 👉 https://lisk.com/blog/foundation/financial-update-december-2021 submitted by /u/CoinMichael333 [link] [comments]
    /u/CoinMichael333
  • Liskish - ledger nano x January 13, 2022
    How do we access our funds if we were using the liskish wallet with our ledger nano x submitted by /u/LTC2011 [link] [comments]
    /u/LTC2011
  • Lisk on Twitter: Fortune India named Lisk one of the best crypto bets in 2022. January 11, 2022
    submitted by /u/cyger [link] [comments]
    /u/cyger
  • Login error on wallet January 10, 2022
    Hey I keep getting the same login error on multiple accounts : ​ Error What am I doing wrong? submitted by /u/Maleficent_Sound_919 [link] [comments]
    /u/Maleficent_Sound_919

What Is Lisk ?

Lisk is an open source network with its decentralized blockchain that enables developers to use its’ platform for developing both back-end and front-end of their applications. Lisk has an application known as Lisk App SDK that functions exactly like a smart contract of Ethereum, and this enables developers to develop custom side chains. This Lisk App SDK allows for developers to build a downloadable Applications.

The backend of the App developed with Lisk App SDK is hidden, but the front-end is accessible in a decentralized blockchain. This functionality is such a unique cryptocurrency technology, and it has made Lisk architecture to rated high. Lisk is regarded as the first modular cryptocurrency because of its sidechain features that allow any Application to be developed its’ platform. Lisk cannot be used by merchants to aid buying and selling, instead of an application building architecture.

Team

The CEO is Mr.Max Kordek and co-founded by Mr. Olivier Beddows. We also have few individuals mostly developers that joined them from Ethereum network.

 

Practical Uses

  • Lisk App SDK is used to develop side chain applications.
  • It is used to purchase other currencies.
  • Lisk is used for transactions within the larger Lisk ecosystem.
  • Microsoft’ Azure uses Lisk’ s blockchain to develop cloud computing platforms.

 

MINING

Lisk uses a PoS algorithm. We know in the PoW algorithm, users’ computers are expected to mine for coins by solving computational problems in return for token rewards. The computers on a proof-of-stake algorithm, called “delegates” earn rewards for “minting” (also known as “forging”) new coins. The Lisk platform is highly secured through this process.

In Proof-of-Stake, the minter of the next block in the chain is picked randomly, which means that any computer that is “minting” will receive its’ rewards randomly. This prevents “centralized” mining, a peculiar issue with Proof-of-Work networks. On the PoW networks, the majority of the mining rewards go to the miners that have the most hashing power.

NOTES FOR INVESTORS

In the first ICO raised this year, Lisk network made a total of $5.7million from the ICO and also rated as being the fourth largest in the history of cryptocurrency crowd safe. A total of 100,000,000 LSK were created and distributed to investors, partners and the Lisk team. Quite amazing!!

As of the time of writing this report, the price of LSK-BTC is 0.00039 and based on the analysis of cryptocurrency market experts, a price that is low as this can only experience upward movement.

Many analysts have said that LSK is a good investment prospect but will be determined by the success of it its network and what they can offer to the members of the public. The key driver of Lisk will be its’ technological services and investors interest.

I do tell people that, a token that is as low as LSK should be tried.

MUST READ!

This little report about Lisk should not be seen as an endorsement to invest. Cryptocurrency investment is speculative, and it involves unquantifiable risks – the market is full of uncertainty, susceptible to attack and capital loss, and sensitive to secondary issues, time may do not permit to mention here.
Seek advice before investing.