LSK is the fuel of the Lisk network, a mass-adoption-focused decentralized applications (dapps) platform. While not a commerce coin by design, the LSK token is accepted by businesses as payment from an urban swag shop in Savannah, Georgia to a Panamian hosting company.
Who accepts Lisk…
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Should you buy Lisk?
- Lisk Ticketing — an event ticketing platform
- Fit Market — A decentralized traceability solution for a healthy food market
- Collabalancer — A decentralized freelance marketplace
But these projects look pretty half-assed, they are pretty far from being functional proofs of concept from my perspective. It’s unclear whether Lisk will realize its unique potential.
Lisk is a delegated proof of stake (DPoS) coin that uses the Proof of Stake algorithm. How do I mine Lisk? Lisk is a proof-of-stake (PoS) currency, which means that blocks on the Lisk blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.
The Lisk SDK is designed to provide an easy and reliable software development kit for building blockchain applications which are compatible with the Lisk Protocol.
The Lisk SDK makes every effort to ensure developers are easily able to focus purely and simply on writing the code that is required for their own blockchain application and nothing else.
From the Lisk documentation hub