Lisk traded down -0.19% to the USD in the last 24-hour period ending 19:00 October 28th EST. Currently, the digital currency has a market capitalization of $313,751,440, and its one-day volume is about $5,112,817. In last week, LSK was trading at -2.56% against the US dollar along with a change of -0.17% in the past one hour.
Lisk Facts that Everyone Should Know
LSK has a maximum coin supply of 111,648,021. The project was launched on 24th May 2016. Lisk is both a digital currency and a decentralized application platform. As a digital currency, just like Bitcoin and other altcoins, Lisk offers a decentralized payment method and virtual currency network. The Lisk network runs using a highly effective Delegated-Proof-of-Stake (DPoS) consensus model, which is protected by 101 democratically elected delegates.
The Lisk decentralized application platform is the most valuable component since it facilitates the deployment, distribution, and monetization of decentralized apps and custom protocols (sidechains) into the Lisk blockchain.
Lisk’s inflation rate is five LSK per block, which is decreased by one each year till it reaches a steady block compensation of one LSK per block. Lisk teamed up with Microsoft to incorporate it into the Azure Blockchain as a Service (BaaS) plan. This implies inventors worldwide can create, test, and execute Lisk blockchain apps using Microsoft’s Azure cloud computing platform and infrastructure.
Lisk Trading Information
Traders and investors can buy Lisk from crypto exchanges like Yobit, OpenLedger, BitGrail, HuobiPro, BitBay, Binance, HitBTC, Cryptopia, CoinDeal, and Poloniex.
Currently, it is not possible to buy tokens like LSK directly using the US dollars. Traders and investors interesting in owning LSK must first buy BTC or ETH through a crypto exchange that provides the USD trading pairs, for instance, Coinbase. They will then use these newly acquired Bitcoins or Ethereum to acquire LSK using any of the trading exchanges listed above.