Lisk Information

Lisk aims to simplify the development of decentralized applications by providing a user-friendly platform that enables developers to create and deploy their own blockchain. By utilizing sidechains, Lisk allows for greater flexibility and scalability, making it an attractive option for those looking to build in the blockchain space. With a strong emphasis on community engagement and developer support, Lisk is positioning itself as a key player in the evolving landscape of cryptocurrencies.

Lisk

$0.93

Title : Lisk
Symbol : lsk
Current Price $ : 0.928974 $
High 24h : 0.948982 $
Low 24h : 0.876834 $
Price Change 24h : 0.02166896 $
Price Change % 24h : 2.38828 %
Market Cap : 154280627
Website : https://lisk.com
Community : https://forum.lisk.io/
Total Volume : 43274220
Market Cap Change 24h : 1988312
Market Cap Change % 24h : 1.30559 %
Circulating Supply : 166155407.17846
Total Supply : 400000000
Max Supply : 400000000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 34.92
ATH Change % : -97.33618 %
ATH Date : 2018-01-07 00:00
All Time Low (ATL) : 0.101672
ATL Change % : 815.01611 %
ATL Date : 2017-03-01 00:00

more information

Understanding Lisk: A Blockchains for Everyone

Lisk is a unique cryptocurrency that aims to make blockchain technology accessible to everyone, allowing developers to create their own sidechains using JavaScript. Since its inception, Lisk has focused on simplicity and usability, differentiating itself from many other blockchain projects with a strong emphasis on developer experience. Established in 2016, Lisk has undergone significant fluctuations in its value and market presence, which offer valuable insights into both its challenges and successes.

Key Features of Lisk

One of the primary advantages of Lisk is its developer-friendly approach. It utilizes JavaScript—one of the most widely used programming languages—enabling a broader audience to create decentralized applications (dApps). Lisk allows developers to build custom sidechains, which can improve scalability and flexibility compared to more rigid blockchain structures. Moreover, the Lisk SDK (Software Development Kit) provides all the necessary tools for developers to create, deploy, and manage their own blockchain applications without needing extensive blockchain knowledge.

Another significant aspect of Lisk is its governance model. The LSK token holders have a say in the platform's development and future, promoting community engagement and participation. This decentralized governance can lead to more democratic decision-making, fostering a dedicated support base among its users.

Challenges and Considerations

Despite its strengths, Lisk also faces notable challenges. One of the most significant concerns is its current market performance. Lisk reached its all-time high (ATH) of $34.92 in January 2018, but it has since seen a drastic drop in value, demonstrative of the wider volatility in the cryptocurrency market. As of late October 2023, LSK is trading around $0.82, a decline of over 97% from its ATH. This steep drop raises questions about investor confidence and the long-term viability of the coin.

Furthermore, Lisk's focus on JavaScript, while accessible, may also limit its appeal to developers more familiar with other programming languages or seeking more advanced features often found in other blockchain frameworks. As competition in the blockchain space intensifies, Lisk may need to continually update its technology and offerings to keep pace with developer and market expectations.

Past Developments and Milestones

Since launching, Lisk has made considerable progress. By introducing the Lisk SDK and securing partnerships for developer outreach, it has increased interest among potential dApp developers. Their efforts to educate and empower the community have also led to the creation of a vibrant ecosystem, with numerous projects built on the Lisk platform. Furthermore, Lisk has consistently engaged with its community through forums and events, which can help bolster support and confidence in the project.

Future Outlook for Lisk

Looking forward, the potential for Lisk could hinge on its ability to adapt and evolve with the blockchain landscape. If it can successfully attract more developers and projects to its platform, there is a possibility for revitalization in its market performance. Moreover, as interest in decentralized finance (DeFi) and NFTs continues to grow, Lisk's unique offering of customizable sidechains may find a more receptive audience. The substantial increase in value from Lisk's all-time low (ATL) of $0.10 to its current price also indicates that there is still investment interest and potential for recovery.

In conclusion, Lisk presents a compelling case for developers seeking an approachable entry point into blockchain application development. Its challenges, notably its significant market decline and competition, must be addressed if it hopes to realize its full potential. Nevertheless, the platform's commitment to community engagement and developer support may serve as strong foundations for its future growth.

General Information
from price $1
Title Lisk
Symbol lsk
Whitepaper -
Website https://lisk.com
Community https://forum.lisk.io/
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 0.928974 $
High 24h 0.948982 $
Low 24h 0.876834 $
Price Change 24h 0.02166896 $
Price Change % 24h 2.38828 %

Market Data
Market Cap 154280627
Total Volume 43274220
Market Cap Change 24h 1988312
Market Cap Change % 24h 1.30559 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 166155407.17846
Total Supply 400000000
Max Supply 400000000

Historical Data
All Time High (ATH) 34.92
ATH Change % -97.33618 %
ATH Date 2018-01-07 00:00
All Time Low (ATL) 0.101672
ATL Change % 815.01611 %
ATL Date 2017-03-01 00:00