Lisk provides 2nd passphrase security along with the multi-signature support. The block-time target for Lisk remains 10 seconds.The utitlity of the Lisk is immense as the applications can be developed in diverse range, be it messenger, gaming, social networking or other utility applications.
Lisk is a hard fork that emerged out of Crypti. It raised the funds of about $5.8 million through initial coin offering to operate its affairs after parting its way from the Crypti. It was founded by Max Kordek and Olivier Beddows.
1. In Lisk dApps (Decentralised Apps) are built on side-chains whereas in case of Ethereum, the dApps are built on the main blockchain.
2. Lisk does not offer smart contract network like Ethereum.
LiskWallet (Official Wallet)
Lisk Nano (Skeptical)
The access to the LSK tokens is currently possible against the alternate crypto-coin like Bitcoin or Ethereum. After the successful registration in one of the exchange listed below, the Lisk can easily be exchanged for a given source and be secured in a wallet.
The only fiat currencies in exchange of which its trade is permissible are: Japanese Yen and Chinese Yuan.
Best Lisk Exchanges:
Key Competitors of Lisk:
· The bifurcated block-chain makes it much more scalable and flexible in comparison to the other crypto-currencies.
Disadvantages of Lisk:
· Lisk in the process of developing and has not been able to generate a huge customer base and decentralise application regime like its counterpart Ethereum.