Lisk (LSK) Price – Current Live Value

Lisk (LSK)

Lisk (LSK) is a cryptocurrency and decentralized applications platform for Javascript developers that was launched in 2016. The LSK coin itself is not intended to be used as a universal form of payment, but rather is limited for use on the platform itself. However, the tokens can be traded for other digital currencies on a number of major exchanges. The platform itself is often compared to the Google Play Store or the Apple Apps Store, though obviously smaller and less popular.

The value of Lisk saw a sharp early rise after its 2016 ICO, which was quickly followed by a drop down to extremely low levels. These subdued price levels continued until the market-wide crypto boom of 2018, where the coin saw a similar boom and bust sequence as most digital currencies. It is now a top 40 cryptocurrency by overall market cap.

The Lisk platform is primarily focused on providing Javascript developers with an efficient underlying blockchain for supporting their decentralized applications and a system for the development of advanced sidechains that can further enhance application operability without slowing the overall transaction speeds produced by the main blockchain.

Lisk also offers its own desktop and mobile wallets to further support the convenience of employing the LSK coin on its platform for managing tasks and receiving payment.