#SUNDAYCOINDAY Ep. 7: LISK (LSK)
TODAY: LISK (LSK)
1- OVERVIEW
Basically Lisk is a Decentralized Blockchain Application Platform based on its own blockchain network and with its own token (LSK), Lisk will enable developers to create, manage and distribute DAPPs deploying their own sidechain linked to Lisk's of course.
2- PROBLEM SOLVING
Loss in autonomy and revenue for the developers against App Store (Apple) or Play Store (Google) which are centralized corporations.
Lack of developer adoption into the blockchain technology, they'll ofer a Software Development Kit (SPK)- a framework- written in JavaScript to deploy the DAPPs.
3 - WHY JAVASCRIPT?
Even though JavaScript is a weakly typed language, they chose it because it runs EVERYWHERE, extremely popular and support behind with giants like Google and Microsoft working on its efficiency and security.
Anyway, eventually they're planning a switch into TypeScript - strongly typed JavaScript set - and are contemplating pushing back core features to C++ looking for speed and security precisely.
4 - WHAT THINGS YOU CAN DEVELOP ON LISK?
- Games
- Social Networks
- Prediction Markets
- Financial Markets
- Messengers
- Exchanges
- Cryptocurrencies
And so on...
5- WHAT LISK ISN'T
- Lisk IS NOT a smart contract platform.
Lisk blockchain applications are integrating their features directly into their back end.
6- THE TOKEN
Name: Lisk
Ticker: LSK
Circulating Supply: 111,766,845 MCO
Market Cap: $ 738,243,482
Price at the time of writing this post: $6.61 [-0.65%]
Lisk is like the fuel for the mainchain of the ecosystem. Is used to pay the fees to use the system.
Lisk uses a Delegated Proof of Stake mechanism, most of it is actually a rewrite of the simplified version of BitShare's.
source: www.coinmarketcap.com
You can acquire LSK tokens on Bittrex, Poloniex, HitBTC, Livecoin and others.
Further information on their website: https://lisk.io/
Documentation: https://docs.lisk.io/docs
IF YOU LIKE THIS POST AND THE IDEA TO CONTINUE THIS SERIES, PLEASE UPVOTE AND RESTEEM, If you missed it the first episodes of the series here it is!
Ep. 4: BITCONNECT (BCC) (https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-week-4-today-bitconnect-bcc-2017813t23139833z)
Ep. 5: AUGUR (REP) (https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-ep-5-augur-rep-giveaway-2017820t23272222z)
Ep. 6: MONACO (MCO) (https://steemit.com/cryptocurrency/@erodriguezc11/sundaycoinday-ep-6-monaco-mco-2017827t223953696z)
THIS IS NO FINANCIAL ADVICE, ALWAYS DO YOUR OWN EXTENSIVE RESEARCH AND DO NOT INVEST MONEY YOU'RE NOT WILLING TO LOSE
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I hold quite a bit of LISK - And LOVE IT - great minds think alike - Some other old and new acquisitions I feel strongly about are Syscoin, NAVCoin, and got my eye on Rise - small buys with rise to sell off its daily 100% pump but I truly believe that it is not all pump as people are definitely holding as well. Check out my Crypto-Pick Blogs - Called OMG with two posts at $2.30 and $3.69 I believe - Strong Buy on OmiseGo
I'll keep an eye on them! I'm following you, thanks for the feedback.
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