KuCoin today is proudly announcing the listing of Lisk intrinsic and transaction token called LSK to their advance and reliable cryptocurrency platform.
Deposits are now accessible with supported trading pairs such as LSK/ETH and LSK/BTC. Schedule for other trading activities are as follow:
Lisk (LSK) Buying order: 17:30 November 27, 2018 (UTC+8)
Lisk (LSK) Selling order: 18:00 November 27, 2018 (UTC+8)
Lisk (LSK) Withdrawal: 18:00 November 28, 2018 (UTC+8)
About Lisk
A branch of the Crypti project, Lisk (LSK) is a blockchain platform that enables developers to build their decentralized blockchain applications on top of what is known as sidechains. Lisk sidechains would allow developers to produce applications with their very own blockchain technology backing them up. Lisk utilizes its blockchain technology, with sidechain applications being able to operate alongside the main chain.
Lisk adopts the consensus algorithm: Delegated Proof-of-Stake (DPoS). It allows for any LSK holder to decide for mainchain delegates who are bound for securing the network. There is a maximum of 101 working mainchain delegates at any assigned time. Other agents are either on standby to becoming a mainchain delegate or are active securing Lisk sidechains. All representatives are rewarded in LSK for helping to keep the Lisk platform.
Blockchain Applications
The Lisk platform permits developers to create and launch their blockchain applications through its SDK platform written in JavaScript. Through its framework, developers can build a wide range of blockchain applications such as Gaming applications, IoT applications, messenger applications and many more. All of these applications possess their dedicated blockchain to operate from. A blockchain application consists of four key parts:
- Consensus Algorithm
- Sidechain
- Back end
- Front end
Blockchain Services
The term blockchain services is a powerful feature of the Lisk platform that adds additional functionality to blockchain applications. Blockchain duties are a type of blockchain application that only have a single use. Developers can utilize these services in their application. Examples of blockchain services involve:
- Storage of user information as a service
- Execution of smart contracts as a service
For more information about Lisk, please visit lisk.io.
Images courtesy of KuCoin