Lisk (LSK)

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Lisk is a decentralized network with its own blockchain that has been launched to create a blockchain that enables developers to build a wide range of apps on the Lisk network by developing custom side chains. In that sense, it has similarities to the Ethereum network. However, the Lisk blockchain has not been built with the intention to create smart contracts, but instead to develop different apps and functionalities using the Lisk App SDK framework.

With the Lisk App SDK, developers are able to develop the backend of your application but also the front end. In other words, they can build functionalities for their app and the user interface using the Lisk App SDK. This enables developers to create blockchain applications in a conveniently downloadable package. The front end (user interface) of applications can also be accessed in a decentralized way, a unique feature within the blockchain industry at present.

Also, it is an open source software allowing a clear overview of what other developers are doing and thereby improving new apps and functionalities built on the Lisk network. Lisk is also a cryptocurrency and has the ticker LSK. Similarly, though Ethereum’s ether is not a cryptocurrency that is supposed to be used as a digital currency. Instead, it is the token that fuels the Lisk network and developers require them to build on the Lisk network. Lisk had its ICO (initial coin offering) earlier this year, where 100,000,000 LSK were created and distributed among early supporters, the Lisk core team, partners, advisors and ICO participants raising $5.7 million, the fourth highest crowdfund for a cryptocurrency in history.

Lisk price

Lisk Wallets

One of the most important aspects of owning cryptocurrencies is storage. Down below you will find carefully selected wallets. Remember, a hardware wallet is always advised!

Lisk is not yet supported by the major hardware wallets. The Lisk wallet provided by the Lisk core devs is a good and safe alternative for it.

Lisk wallet

Where to buy Lisk?

  • binance - Lisk (LSK)
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    Binance
    Exchange rating:
    10
    Binance is world's largest altcoin exchange. It offers many cryptocurrency markets with high liquidity and low fees. Every cryptocurrency enthusiast should have a Binance account!
  • changelly - Lisk (LSK)
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    Changelly
    Exchange rating:
    7
    Changelly offers an easy to use interface for exchanging a wide variety of cryptocurrencies. It combines rates from different exchanges to offer you the best price.
  • litebit - Lisk (LSK)
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    LiteBit
    Exchange rating:
    8
    Litebit is a Euro based exchange where many different cryptocurrencies can be bought directly. It offers many payment methods and is very beginner friendly.
  • Bittrex - Lisk (LSK)
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    Bittrex
    Exchange rating:
    8
    Bittrex is a cryptocurrency only exchange. It is used by most seasoned traders and offers many advanced tool. Because of the many users most cryptocurrency markets have high liquidity.
  • poloniex - Lisk (LSK)
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    Poloniex
    Exchange rating:
    5
    Widely used and long running cryptocurrency only exchange. Offering advanced tools and high liquidity, Poloniex should mostly attract seasoned cryptocurrency traders.
  • shapeshift - Lisk (LSK)
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    ShapeShift
    Exchange rating:
    9
    Directly exchange cryptocurrencies with shapeshift. The elegant user interface makes it easy for beginner to exchange their cryptocurrencies against fair market prices.