Introduction to Lisk | BTC wires

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Of& nbspRishma Banerjee

If you are an expert on how blockchain technology works, you can also know what a blockchain platform is. Lisk is one of these blockchain platforms.

Like NEO and Ethereum, the Lisk network is a decentralized network of applications that uses smart contracts, powered by Cryptocurrency cryptographic tokens to provide developers with a platform with JavaScript support, making it a solution for web-based apps.

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What is Lisk?

Lisk was created by Max Kordek and Oliver Beddows as a fork of Crypti in 2016 and the Lisk Foundation is pushing for Lisk Meetups and is strategically developing products like Lisk Academy based on its blockchain network.

Several key members of the original Ethereum team are working on the Lisk team, and subsequently secured key partnerships that make it a blockchain network to watch. The Lisk Blockchain has a modular approach and the ability to build fast and scalable platforms.

Lisk has recently undergone a major rebranding effort, as a result of which it has a cleaner and less cumbersome appearance and aims to provide a blockchain platform that can be used and developed by a wide range of potential blockchain creators, not just developers. This could lead to the development of Blockchain applications to the masses.

You can also read: Ethereum vs. Lisk – Everything you should know

What are LSK tokens?

The Lisk token (LSK) has a market capitalization of $ 159.519.545 USD at the time of printing and is currently the 35th classified cryptocurrency. Of the total supply of 12.661.060, 105.410.666 LSK are circulating at the price of $ 13.16 per currency.

LSK has strategic partnerships with companies like Microsoft that somehow influence its pricing and the availability of the Azure Cloud platform increases the profitability of the network when powerful tools like JavaScript and build a strong reason for the mainstream acceptance of this competitor Blockchain- as-a-service.

You can also read: Pros and cons of NEO

Why choose Lisk?

By developing concatenated apps, Lisk is a scalable platform for developing decentralized applications that can handle everything a great company like Microsoft can launch. He also has a thriving Reddit follower community that tracks all the main aspects of its development.

Although the cryptographic market is a collaborative and competitive market, blockchain networks depend on different types of support to be supported. Not all platforms have Lisk's strategic partnerships. Lisk removes many obstacles by tapping JavaScript developers. Although not completely immune to arrests in the encrypted sector, you will not be hit hard and recover quickly.

Lisk's cryptocurrency coins will continue to hold value with an increase in investment in the Lisk network. Lisk has the kind of support that only 99 percent of the cryptic industry could wish for, which is not always patently obvious by looking at the tables of values. Small startups with Windows computers can exploit this blockchain network to maintain relevance in today's market.

The positive aspect of LSK is its usability and, although it can not compete with the most important cryptocurrencies on the market, this blockchain network has a solid future in a crowded market, provided it continues to straighten as it grows.

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Rishma Banerjee

Rishma is currently pursuing a degree in International Relations and has a special place in her life to sift through all sorts of random curios, thank you very much.

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