1 Level
5 Review
0 Karma
Review on Lisk by Sophie Brauer
Lisk Coin is also an encoded currency with LSK source code, so Ethereum's…
Lisk Coin is also an encoded currency with LSK source code, so Ethereum's Ether is not an encoding currency that is supposed to be used as a digital coin. LSK is a token of Lisk's network and developers built on the Lisk network. Lisk Coin also has its own ICO project. During the ICO, 100 million LSK was created and distributed to early supporters including core developers, partners, mentors and participants. ICOs totaled $ 5.7 million, making it the fourth-largest source of funds in the industry's pre-coding industry.
Pros
- It Is Oriented Toward App Developers By using sidechains and JavaScript, the Lisk ecosystem is the best cryptocurrency in the world for app developers. Here they have the independence to work contrary to most cryptocurrencies where users must strictly adhere to the mechanisms provided.
Cons
- Difficult to use with blind IT: Lisk Coin runs on Blockchain technology. It would be difficult for first-time screening. It can become overloaded because of too many bad transactions. The network gets slower and the blocks are filled faster. This process is called “bloated” network
