Lisk (LSK) is a cryptocurrency and blockchain platform that allows developers to create decentralized applications (dApps) using JavaScript.

Lisk operates on a high-throughput network with a 2-second block time, ensuring efficient transaction processing and low fees.

What are the technical characteristics of Lisk?

Lisk is an open-source platform that supports the development of dApps and is categorized under the Ethereum and Binance ecosystems.

What are the risks associated with transferring Lisk?

Users should verify contract addresses and networks before transferring assets, and be aware of the volatility and custody risks associated with digital assets.

How can I verify Lisk before acquiring it?

Verify the asset name, network, and contract details before transferring, and review the custody method for secure handling.

Where can I find official resources for Lisk?

Official resources for Lisk can be found on their website at https://lisk.com and their technical documentation at https://docs.lisk.com.

Lisk (LSK)

Rank #656

Market snapshot

Price: $0.08339
Market cap: $18.8M
24h volume: $1.9M
Circulating supply: 225,694,585.4886
Total supply: 400,000,000
Max supply: 400,000,000

What is Lisk?

Lisk is a blockchain platform that enables developers to create decentralized applications (dApps) using JavaScript. The platform aims to simplify the process of building and deploying dApps by providing a user-friendly environment. Lisk operates on a high-throughput network.

How Lisk works

Lisk Chain is built on a high-throughput network that features a 2-second block time, which allows for rapid transaction processing. The median network fees are consistently low, ensuring that performance remains affordable for users. This structure supports a seamless integration of applications into a continuously evolving blockchain ecosystem, providing a foundation that is both secure and future-proof.

Key information

Symbol: LSK
CMC rank: #656
Network / platforms: Base, Ethereum
Categories: N/A
Date added: Apr 6, 2016

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Base
0xac485391EB2d7D88253a7F1eF18C37f4242D1A24
Ethereum
0x6033F7f88332B8db6ad452B7C6D5bB643990aE3f

Key characteristics

Lisk is an open-source platform that allows developers to create and deploy dApps with ease. It is categorized under the Ethereum ecosystem and the Binance ecosystem. Additionally, Lisk supports a unique architecture that enhances the scalability of dApps, making it suitable for various applications.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Lisk (LSK)?: Lisk (LSK) is a cryptocurrency and blockchain platform that allows developers to create decentralized applications (dApps) using JavaScript.
How does Lisk work?: Lisk operates on a high-throughput network with a 2-second block time, ensuring efficient transaction processing and low fees.
What are the technical characteristics of Lisk?: Lisk is an open-source platform that supports the development of dApps and is categorized under the Ethereum and Binance ecosystems.
What are the risks associated with transferring Lisk?: Users should verify contract addresses and networks before transferring assets, and be aware of the volatility and custody risks associated with digital assets.
How can I verify Lisk before acquiring it?: Verify the asset name, network, and contract details before transferring, and review the custody method for secure handling.
Where can I find official resources for Lisk?: Official resources for Lisk can be found on their website at https://lisk.com and their technical documentation at https://docs.lisk.com.

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