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Review on Lisk by Kristian Egger
Lisk is leading innovation in cryptocurrencies. It is the first cryptocurrency…
Lisk is leading innovation in cryptocurrencies. It is the first cryptocurrency to introduce sidechains. Most cryptocurrency users say there is nothing as bad as a slow blockchain network. It is their worst nightmare. Most of this is brought on by the system becoming bloated
Pros
- The Lisk blockchain works with sidechains. This means that none of user’s actions will affect the main chain. A user can create its own tokens and manage them individually. By using sidechains, cryptocurrency developers can also take advantage of the chance to build their own blockchain applications, on their own sidechains and with their individual custom tokens which they can later attach to Lisk’s blockchain. This will make it more accessible to developers
Cons
- There are a lot of users that do not trust in Lisk blockchain. So, the negative feedback can damage their brand. Extended length of the block should cause delays in validation transactions
