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LISK.

LSK.

LISK LSK

Lisk, the JavaScript based platform that allows developers to deploy and develop their own custom blockchain, and decentralized applications.

Decentralised blockchain applications will be built on Lisk from the ground up in pure Javascript and take advantage of the powerful Lisk APIs. In addition, every app will run in its own sidechain to ensure that Lisk itself stays safe and scalable. Currently in development, these features will become available towards Q4 of 2017.

 

 

What is Lisk?

Lisk is a decentralized network with its own blockchain that has been launched to enable developers to build a wide range of apps on the Lisk network by developing custom side chains.

In that sense, it has similarities to the Ethereum network. However, the Lisk blockchain has not been built with the intention to create smart contracts, but instead to develop different apps and functionalities using the Lisk App SDK framework.

 

 




 

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Lisk is a public blockchain platform that provides decentralized blockchain apps. It was forked from Crypti by Max Kordek and Oliver Beddows in early 2016.

 

Lisk is a crypto-currency and decentralized application platform. As a crypto-currency, much like Bitcoin and other alternatives, it provides a decentralized payment system and digital money network. The network itself, operates using a highly efficient Delegated-Proof-of-Stake (DPoS) consensus model, that is secured by 101 democratically elected delegates. The Lisk decentralized application platform, it's most powerful component, allows the deployment, distribution and monetisation of decentralized applications and custom blockchains (sidechains) onto the Lisk blockchain. The inflation rate is 5 LISK per block, which gets lowered by 1 every year until it reaches a stable block reward of 1 LISK per block.

Even though a lot of people expressed their concerns about using a language that is “weakly typed” according to the Dev Community we can quote from Max Kordek on their lisk.io project website we extract the following statement:
“We chose JavaScript because it runs literally everywhere, is extremely popular & widespread, and has huge companies like Google or Microsoft working on its speed and security across a wide range of devices. Therefore, its ever increasing developer base and ease of access played a huge role in that decision.”



 

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