Lisk (LSK) Review: Core 2.0 Testing Complete, Ready for Deployment

Lisk is one of the blockchain projects with an ardent following and a unique edge, in that it makes use of the popular Javascript language. In this article, we review its basics and upcoming developments.

Lisk is a blockchain development platform aimed at simplifying the creation of decentralized applications (dApps) through the use of open-source tools. It makes blockchain development more appealing and available to a broader group of developers through its use of the popular and well-known Javascript language.

Javascript has been used by developers for many years to build web-based applications because it's an interface that is proven to be well-received by users and easy to program on for developers. Its integration into the Lisk platform gives new blockchain developers a much-needed entry point into programming on the emerging technology.

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

The Lisk blockchain provides the backbone of any Lisk-based application, ensuring a secure and stable network for dApps to operate on while also providing a wide range of freedom and flexibility to developers. Developers can use the Lisk software development kit (SDK) to create decentralized apps with the added benefit of an improved user experience (UI) via Javascript implementation.

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 Merchants

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.

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