Lisk - Providing developers with easy access
Lisk is making it easy to develop on the blockchain.
Concise Crypto
May 23, 2022
Lisk (LISK)
What is Lisk?
Lisk is a blockchain network that aims to ease the process for developers to build on the blockchain and create decentralized applications (DApps). It allows for the creation of applications on its side-chains using known programming languages, like JavaScript, unlike Ethereum and other blockchains; which require developers to learn a new language.
Why does Lisk have value?
Lisk is a decentralized network where developers can build their DApps in an open environment. The throughput is fast and transaction fees are low. However, it is not compatible with Ethereum, so DApps built on it cannot be integrated with the larger Ethereum ecosystem. This impacts the overall useability of the ecosystem.
What are the Pros of Lisk?
● It eases the process of building DApps.
● It allows devs to user dev-friendly programming languages like JavaScript and TypeScript
● Users can stake or delegate their staking for rewards.
What are the Cons of Lisk?
● It is not compatible with the Ethereum Virtual Machine.
● There are strong competitors in the DApps creation field.
What are LISK’s tokenomics?
The maximum supply of LISK is not fixed. The current circulating supply is over 128 million and 1 LISK is minted every 10 seconds, when new blocks are created.
Who founded Lisk?
Max Kordek and Oliver Beddows.
Who are Lisk’s investors?
Lisk has conducted two funding rounds. The main investors are IOSG Ventures and NON-fungible Chain.
Concise Crypto Grade:
C :Lisk is another crypto ecosystem that is trying to make it easy for traditional developers to create new and exciting apps on the blockchain. Allowing devs to create in their own native programming language is extremely helpful. The only downside is, if Lisk isn’t EVM compatible there is a good chance that not many people will use the apps being built within the ecosystem. We like that they are bringing blockchain tech to everyone, but they’ll need to integrate with the greater crypto ecosystem to provide true value.
Where can I buy LISK?
Binance, Kraken, Huobi Global, Gate.io, Kraken, KuCoin.
What ecosystem does Lisk run on?
Lisk