Lisk (LSK) Review: Core 2.0 Testing Complete, Ready for Deployment
The Lisk blockchain is powered by its LSK token, which is a delegated proof-of-stake (PoS) cryptocurrency. Developers can utilize the LSK token to power their dApps or create their very own proprietary token for their network. Lisk is currently working towards becoming the first 'modular' cryptocurrency, meaning it can utilize sidechains to overcome the scalability issues that affect many traditional cryptocurrencies like Bitcoin.
Lisk AppSDK Framework and 2.0 Upgrade
To get started, developers and users should first create a Lisk digital wallet. The official and most commonly used wallet is the Lisk Nano, which offers a simple user interface and delegate voting features. After creating your wallet, you can then purchase LKS tokens from any of the various cryptocurrency exchanges and platforms that support LSK. In addition to using LSK tokens to develop on the Lisk AppSDK, users can also use LSK to make purchases at several merchants.
Recently, the Lisk team have completed QA testing for the upcoming Core 2.0 and SDK 2.0 upgrades. Find out about the latest developments on the Lisk blockchain at the official Lisk blog.
Lisk is accepted by several retailers and can be used to make and receive payments via payments gateways like Paycoiner or CoinPayments, which offer simple to download and install plugins to facilitate settlements. CoinPayments currently supports Point-of-Sale (PoS) settlements in over 1,300 cryptocurrencies with fees as low as 0.5%.
Where can you buy Lisk (LSK) tokens?
Users who want to get involved can buy LSK tokens on several cryptocurrency exchanges, including Binance, YoBit, HitBTC, Bittrex, Huobi, OKEx, and Poloniex. The majority of exchanges only offer a Bitcoin trading pair (LSK/BTC), but both Binance and HitBTC also offering purchases in Ethereum (ETH).
Lisk (LSK) Price Action
Lisk is currently the 41st highest ranked cryptocurrency on CoinMarketCap, with a market cap of around $200 million and an average 24-hour trading volume of approximately $8.4 million. The LSK token price has been steadily climbing throughout this year from a low of $1.00 in February to recently breaking through the significant $2.00 mark, representing a near 100 percent price increase over the past four months.