Lisk is a crypto-currency and decentralized application platform. As a crypto-currency, much like Bitcoin and other alternatives, it provides a decentralized payment system and digital money network. The network itself, operates using a highly efficient Delegated-Proof-of-Stake (DPoS) consensus model, that is secured by 101 democratically elected delegates. The Lisk decentralized application platform, it's most powerful component, allows the deployment, distribution and monetisation of decentralized applications and custom blockchains (sidechains) onto the Lisk blockchain. The inflation rate is 5 LISK per block, which gets lowered by 1 every year until it reaches a stable block reward of 1 LISK per block.
Lisk partnered with Microsoft to integrate Lisk into its Azure Blockchain as a Service (BaaS) program — meaning developers worldwide can develop, test, and deploy Lisk blockchain applications using Microsoft's Azure cloud computing platform and infrastructure.
The Lisk network is both decentralized and trustless. That means no single entity is in direct control. The network is secured by 101 democratically elected delegates. Whose primary responsibility is to confirm and broadcast the validity of transactions. All Lisk accounts on the network are eligible to vote for delegates registered on the Lisk blockchain. The 101 delegates with the most votes are elected with the responsibility of confirming the validity of transactions broadcast on the network. They also receive 100% of all fees collected by the network and all forging rewards.
During the ICO 100,000,000 LISK weree goven out to ICO participants, the core team, third parties and active community members. Once the network is established with 101 delegates there will be an inflation of 5 newly created LISK with every block, these are the Forging Rewards. Every 3,000,000 blocks (~1 year) this reward is reduced by 1 LISK, ending at 1 LISK per block where it stays like that forever.
The Forging Rewards will be equally distributed through all active (101 and higher) delegates, same as the network fees. We implemented this mechanism to create an incentive to run a delegate and secure the network. Additionally, this allows Lisk to finance itself in the future.
|Current Supply||115,974,136 LSK|
|Total Supply||100,199,025 LSK|
|24h Volume (coin)||5,138 LSK|
|24h Volume (currency)||$51,044|
|Last updated||2017-12-16 01:40:10|
Why use coins rating system?Working with cryptocurrencies is mostly unpredictable, risky and uncertain. While this new market is emerging, tens of new coins just like Lisk are showing up to compete for a share every single day, thus making it harder for cryptocurrency investors, traders and buyers to spot opportunities or even protect their capital. We provide different crypto market tools to help anyone in this uncertain environment, but we find the rating system very important for all crypto users as the human race learning process was developed through out the years using other people experiences' as well as other sources.
Why voting?Help others benefit from your knowledge and experience in Lisk, others will help you in other coins.
Who needs this system?In addition to Lisk investors, traders and buyers as we said before, anyone who deals with crypto coins can use it, for instance technical analysts, economists, coin miners, coins users, cryptocurrency coders, security assurance people, writers, bloggers, vloggers, websites, community members, etc...
Can i share this data?Absolutely! Feel free to use all Lisk data online or offline as you see fit. We kindly ask and trust you will credit us as a source.
How to use the system?Well it's simple, rate the aspects related to Lisk that you have experience in, you might rate all aspects, it depends on the person knowledge in a particular cryptocurrency (in this case Lisk). You also might only need the data and don't have the required information to rate, its totally up to you.
Can i change my votes?Sure, you can change your votes within 14 days of your vote date, that won't count as a new vote.
Can i revote?Ya sure, as we all know the human learning process and experience would change the way he/she looks at things, also the crypto currency market is a fast paced market and cryptocurrencies are appearing, growing and changing rapidly, to monitor coins changes properly we allow you to vote again (same coin and subcategory) after 14 days of your first vote date, and it would count for a new vote, so you can come back every two weeks or month and let's know how you experienced Lisk lately.
What coins rating categories mean?We have classified important aspects into five main categories to make things easier for you:
Cryptocurrency Technical Analysis: Using different methods in analyzing the moving of prices in charts to determine trends and speculate future movements.
- Cryptocurrency Accessibility :The ease of reach to cryptocurrencies indicated by its popularity, online and offline community, ability to mine or purchase.
- Cryptocurrency Coding & Security: The quality of a cryptocurrency code which can be determined through its developers activity, code updates and structure, the code documentation and security aspects.
- Storing Cryptocurrency: Simply, how easy its to store this coin? are there enough physical wallets (like printing and hardware) and digital wallets (like apps and websites) to store your owned coins?
- Cryptocurrency Investment: Potential of profitability in long-term and short-term timeframe investments in cryptocurrencies, the quality and diversification it adds to an investing portfolio, and its predictability which means the volatility of a coin.
We appreciate receiving your feedback, if you have any ideas for new categories, subitems or any other ideas please contact us anytime.
Think And Get Rich Coin