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About LSK
Switzerland-based Lisk bills itself as a “blockchain application platform" and it is specifically tailored to simplify the process of creating blockchain applications, according to the lisk.com website.
Launched in 2016 by Max Kordek and Oliver Beddows, Lisk was one of the first development ecosystems to gain traction within the crypto space and it now enjoys fully decentralized governance, secured by a delegated proof-of-stake (dPoS) consensus mechanism (Messari).
LSK is the network’s native currency, a governance token also used to pay transaction fees (CoinGecko).
Lisk insists it lives to let developers more easily create decentralized applications (dApps). Underscoring that ethos, the protocol enables dApps to be written in traditional programming languages like Java and Typescript, helping to streamline the development process for programmers with limited blockchain experience, CoinGecko said.
The dApps built on the protocol are individually secured via a unique sidechain structure connecting with the broader Lisk network.
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