Lisk aims to be the first “modular blockchain,” where each distributed app on top of it is not just a token (as in Ethereum’s case), but its own blockchain (or sidechain).

The developers gave a few example for how this technology could be used:

• Decentralized storage can be done on a stand-alone blockchain or on Lisk.

• Anonymous transactions can be done on a stand-alone blockchain or on Lisk.

• A social blogging system can be done on a stand-alone blockchain or on Lisk.

The list goes on. The sidechains are operated using the same DPoS system used by the parent Lisk blockchain, and they’re secured by the top 101 delegates. These top delegates are decided based on the weight of the voting of other users in the network.

 

More infomation:

Name: Lisk
Symbol: LSK
Max Supply: 121,121,968
Circulating Supply: 112,763,240
Total Supply: 112,763,240
Cryptographic Algorithm: –
Issue Date : 2016-05-04
Source Code: https://github.com/LiskHQ
Issue Price: $0.074700
White Paper: https://resource.bnbstatic.com/books/20180227/1519719146498.pdf
Consensus Protocol: POW
Website: https://lisk.io/
Explorer 1: https://explorer.lisk.io/
Type: COIN

👉 👉 Receive FREE auto crypto trading signals 24/7 💥

 

Leave a Reply

Your email address will not be published. Required fields are marked *