What Is Lisk?
So far it is working, on May 24, 2016, the Lisk main net went live, and the token is fluctuating between $20 - $40.
What Are LSK Coins Used For?
Similar to Gas, on the Ethereum network, the primary function of Lsk will be to pay for computations on the network. The Lisk cryptocurrency can still be sent from one person to another and converted to USD. With the planned introduction of a new dynamic fee structure, it will once again be affordable to send small amounts of LSK on the Lisk network. The dynamic Lisk fees will take into consideration the market value of Lisk. Currently, the more valuable the network becomes, the more expensive it is to use. LSkK coins are also used to vote for delegates, who are the nodes responsible for securing the network. Cheaper delegate fees will encourage more people to participate in building the network, which is essential for a truly democratic voting system. You will be able to send Lsk coins across the Lisk network to different smart contracts and applications on the platform. Since Lsk has a delegated proof of stake consensus algorithm,
Lisk Hub and Other Products
The Lisk Hub is like a wallet / blockchain explorer. It is purpose built software designed to make it easier for everyday people to interact with the blockchain.
You can test is right not if you want. The beta version is available here. It is a polished piece of software. You generate a Lisk ID from random mouse inputs, can elect delegates by clicking checkboxes, and can search the blockchain explorer for transaction and account info. Another cool feature is the ability to manager multiple Lisk IDs from a single account. These IDs might belong to friends or family, or in a corporate setting an employee might need access to different company accounts. The new names and logos created for Lisk products at the relaunch.
Lisk Core 1.0 Release Date
Lisk Core 1.0 is actually complete. We were promised a beta version in the next couple of months, and then the extensive testing begins. Core is being released now because the team believes that they have refined the network to a point where they can secure all the basic transaction types and release a framework that makes Lisk fit for purpose as a truly scalable proof of stake cryptocurrency. https://www.youtube.com/watch?v=Z_2OdMStAiw
Should I Invest In Lisk?
In late February 2018 there were 41 people working at Lisk. 22 in development. 9 in Marketing. 6 in Creative. 4 in Operations.
Max Kordex, president and CEO of Lisk is from Berlin and attended Aachen University. He left Crypti with other co-founder Oliver Beddows who is now the Vice President on Lisk. Almost every single member of their team has some kind of online presence, and they all seem to be the right kind of nerd to pull something like this off. Interested in learning how to buy Lsk tokens? Coinlist.me has a complete guide. Read here to learn more.