Reading Time
~ 2 minutes
Spread the Word

KuCoin exchange announces today that they have listed the transaction currency of the blockchain powered sidechain development platform Lisk.

Deposits are now available with supported trading pairs such as LSK/ETH and LSK/BTH. Other trading schedules are as follow:

Lisk (LSK) Buying order: 17:30 November 27, 2018 (UTC+8)

Lisk (LSK) Selling order: 18:00 November 27, 2018 (UTC+8)

Lisk (LSK) Withdrawal: 18:00 November 28, 2018 (UTC+8)

About Lisk

Lisk is known as a sidechain development platform which makes it accessible for developers to build and deploy decentralized applications in Javascript. One of the greatest struggles in the industry is making developers up to speed on building blockchains and getting a sense of the granular codebases under the hood.

Developers run extremely hard and are often at the impulse of centralized platforms (like Google Play and Apples App Store). These large entities capture the lion’s share of the attention and incomes often leaving developers incompetent to make ends meet. Lisk intends to create a fairer platform for decentralized apps allowing developers to get a bigger piece of the pie.

The project expects to accelerate and clarify development by focusing on Javascript conclusively opening their platform to millions of already trained programmers.

Lisk Specifications

Block Time: 10 seconds

Ticker symbol: LSK

Round Time: ~17 minutes

Consensus System: Delegated Proof-of-Stake (DPoS)

Supply: 100 million LSK + annual forging rewards

Lisk intends to be a platform provider similar to Ethereum and NEO with a decentralized network. However, it varies in some ways.

Ethereum applies Solidity, expecting devs to learn a new language, and is focused on smart contracts. This back-end focused construct needs third parties to operate as front-end applications (e.g., My Ether Wallet for ERC-20 tokens).

Lisk utilizes sidechains and a full Software Development Kit (SDK) to facilitate a complete kit and kaboodle for developers to produce polished dapps (decentralized applications) and an independent blockchain under one system. This side blockchain is linked to and settled by the separately maintained Lisk blockchain.

Read more articles related to this subject:
Notice: The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.