What is Lisk?

in #lisk7 years ago (edited)

Lisk (LSK)

Lisk was one of the first things I posted about 2 years ago on Steemit, but there has been a lot happen in the space since this time.

In my past post I explained what Lisk was, and how it compared to Ethereum.

So today I want to do an update covering just Lisk.

Screen Shot 2018-05-14 at 9.36.29 AM.png

Screen Shot 2018-05-14 at 9.36.51 AM.png

Source

What is Lisk?

According to the Lisk website:

Lisk makes it easy for developers to build and deploy blockchain applications in JavaScript.

So basically a JavaScript smart contract platform, which also has sidechain capability.

What is a sidechain?

A sidechain is a "personal blockchain that can be easily built and customized", which also "house all the data of your dapp" (decentralized application).

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Source

So having the sidechain capability allows users to scale basically unlimited, and not have to worry about congestion!

Conclusion

There seems to be a lot of hype around smart contract platforms, and there are a lot in the crypto market..

  • Ethereum
  • EOS
  • NEO
  • ADA
  • QTUM

And I am sure there many more!

It is just great to see a project like Lisk, which is not just a platform for decentralized apps, but is focused on the scaling so that it can be adopted on a global scale!

So if you want to know any more about Lisk check out their website https://lisk.io/ for more information.



Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!

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