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Lisk (LSK) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $142,559,600. The current price of Lisk is $0.9844, which is 3.621% higher than yesterday. Prices have ranged between $0.960705 and $0.902522 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2023 02:01 UTC.
Lisk is a blockchain platform designed to facilitate the development and distribution of JavaScript-based decentralized applications (dApps). The Lisk ecosystem aims to provide developers the opportunity to build, distribute and monetise their applications using customised blockchains, smart contracts, cloud storage and nodes.
The team behind Lisk intends to make blockchain technology more accessible by building a software development kit (SDK) written in JavaScript. The Lisk platform software has 3 components: JavaScript, Node.js and PostgreSQL. Through the sale of Lisk (LSK) tokens, the team hopes to finance projects built on the Lisk platform.
LSK is the cryptocurrency token of the Lisk platform. It is used to pay fees and grant access to the system. LSK uses the delegated proof-of-stake (DPoS) consensus mechanism. This means that everything related to the network or the addition of new blocks to the blockchain is done by delegate voting.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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