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Lisk

Lisk
Lisk

Lisk (LSK), founded in early 2016 by Max Kordek and Oliver Beddows and headquartered in Zug, Switzerland, is a blockchain application platform that seeks to make blockchain technology more accessible to the masses. Lisk focuses on user experience, developer support and in-depth documentations. Lisk’s SDK kit is written in JavaScript so as to allow developers to easily build blockchain applications on the Lisk blockchain and even deploy their own sidechain linked to the Lisk network. The open source Lisk blockchain platform is powered by Lisk (LSK) tokens and operates under the Delegated Proof of Stake (DPoS) consensus model to allow for its network to be secured by democratically elected delegates.

what is lisk?

Lisk, a decentralized development platform based on Javascript, is explained as an attempt to get developers more fair conditions for application development. The main idea is to poach Javascript developers to work in decentralized networks where they can get bigger revenue than often offered by centralized platforms like Google and Apple.

Lisk enables an independent Blockchain in their network (sidechain) that provides security and a certain level of autonomy to the developers. Developers have full control of this sidechain, so no mistake in those sidechains would affect Lisk’s. Sidechains are customizable so that a user can create his or her own token and an application built on the core of the sidechain, and then make it public after testing it.

These features combined aim to make Lisk friendly to both users and developers and to involve more people into the network.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.

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