Should you invest in Lisk?
Since its launch in 2016, the Lisk cryptocurrency has certainly climbed the metaphorical growth ladder rapidly. Its interface and accessibility are what make it extremely popular among developers, and it has an excellent reward system as well. The trends of Lisk Coin have shown ups and downs like any coin, and it’s currently at a lower cost than usual, but it is sure to show an increase and give good returns in the future.
Of course, it doesn’t hurt that Lisk has integrated itself into several industries like real estate, music, etc. by partnering with platforms like Rencoin.io, Mandana.io, Brikbito.io, and Moosecoin.io. It also shows great promise owing to the fact that it allows developers to create their own ICOs.
What is the future of Lisk?
Like Bitcoin and others, Lisk is a cryptocurrency which can be mined. Unlike Bitcoin, however, it works on a proof-of-stake consensus system[3], so mining it is different from mining Bitcoins. It also has no maximum number, unlike Bitcoin, of which only 21 million will ever exist.
The circulating supply, as of June 2018, is about 107 million tokens, and the market cap is close to 708 million USD, inching closer every day towards $1 billion.
What are the advantages of Lisk?
Lisk is a decentralized app development platform that allows developers to create apps in the Javascript language, making it accessible to the public.
It uses the concept of sidechains and a complete Software Development Kit (SDK) to allow developers to produce DApps and separate blockchains under the main Lisk platform.
Sidechains are independent blockchains that are linked to the main blockchain in such a way that they do not hurt or modify its speed and performance. This makes the apps truly decentralized and independent entities within the Lisk blockchain.
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