📃CryptoGuide📃^Lisk by @atimk23

atimk23 (60)in #cryptocurrency • 6 years ago

Hello fellow Steemians, today, a short preview about Lisk. ENJOY reading.

Lisk is a decentralized network built using Javascript. Unlike Ethereum's smart contract system, developers can use the Lisk platform to build a wide range of apps and run them on custom sidechains.

Lisk is a decentralized blockchain platform that allows users to create and distribute applications. Unlike Ethereum's smart contract system, developers can use the Lisk platform to build a wide range of apps and run them on custom sidechains. Custom tokens can also be created on the Lisk platform for each sidechain. Lisk can be compared to other blockchain platforms such as Ethereum and NEO. Lisk's vision is for blockchain to be more accessible and reach greater adoption. To simplify the user experience, Lisk is trying to make a SDK (software development kit) in Javascript, a programming language that many developers are already familiar with. The SDK will focus on developer support and in-depth documentation to attract more users to build on top of the Lisk blockchain. Currently in the blockchain industry, there is debate among the community on public vs private blockchains. Popular examples of public blockchains are Bitcoin and Ethereum, where all transaction information is publicly viewable. Lisk tackles this problem by allowing sidechains, where users can launch their own blockchain based on custom specifications. Unlike Ethereum, which uses smart contracts, each Lisk sidechains will be custom made to implement features and applications and run on its own token. The idea of sidechains can be very attractive to companies wanting to create their blockchain application with custom features. Because sidechain don't reply on the mainchain to process transactions, a slowdown in the main Lisk network won't cause problems in the sidechain. In addition, companies may want to run their own private sidechain, where transactions are not publicly viewable.