LSK Price Live Data

The Lisk price today is $1.08 USD with a 24 hour trading volume of $16.39M USD. Lisk (LSK) is up 4.36% in the last 24 hours.

Lisk (LSK) is a blockchain-powered modular platform for the development, distribution and management of decentralized applications. Lisk uses sidechain technology to create a personal blockchain for each of its users. Sidechains can run applications and are capable of coin generation, as well as launching ICOs. The modular design allows for full customization of the sidechain using Lisk’s Sidechain Development Kit – a free, open source tool which utilizes JavaScript.

Lisk began as a fork of the Crypti blockchain and went live in May 2016. The project is lead by CEO Max Kordek, and was aided by the addition of former Ethereum developers Charles Hoskinson and Steven Nerayoff in the same year.

Holding user data on individual sidechains allows for the isolation of errors and attacks, meaning the main Lisk blockchain remains unaffected and won’t require hard forks to fix. The goal of Lisk is to provide a Wordpress-type service for use by developers and programmers in the world of web app design.

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