Lisk (LSK)

$ 0.830791 (9.82%)

$ 0.830791 (9.82%)

# Change
(7d)
Market Cap Volume (24h) Circulating Supply
56 +1 $100,534,176 $4,377,916 136,042,336 LSK
Lisk (LSK) - Historical Price Chart

About Lisk

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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 started as a fork of Crypti beginning with an ICO (Initial Coin Offering) to decide the initial distribution and raise development funds. The ICO raised 14,000 BTC and, at the time, was the second most successful cryptocurrency crowdfund (later that month, WAVES and The DAO would surpass it). On May 24, 2016, the mainnet for Lisk went live and it became available for trading on major exchanges. Quickly after trading started, Lisk briefly became the second most popular cryptocurrency traded against Bitcoin.

Lisk aims to be the first (successful) of its kind as a modular cryptocurrency. The idea is that every Blockchain App is on its own sidechain, separate from the main blockchain. This should help with scalability issues that many cryptocurrencies were facing, such as bitcoin. The sidechain is secured by a group of 101 master nodes elected by the app's owner, and operate using the same Delegated-Proof-of-Stake (DPoS) consensus mechanism as the parent Lisk network. The Blockchain Apps are written using NodeJS/JavaScript on the backend and CSS3/HTML5/JavaScript for the frontend. 

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