Lisk Price

Lisk (LSK) is a cryptocurrency launched in 2016 that powers the Lisk blockchain platform. Currently ranked #508 with a price of $0.3782, it has seen a +1.99% change in the last 24 hours. Lisk aims to make blockchain technology more accessible for developers and end-users through its developer-friendly SDK and modular architecture. The token has a circulating supply of 194.26M LSK out of a maximum supply of 400M LSK. Its current market capitalization stands at $73.47M, with a 24-hour trading volume of $218.96K. Lisk supports the development of decentralized applications (dApps) and operates in several key areas including Layer 2 solutions, Ethereum ecosystem integration, Real World Assets, and DePIN (Decentralized Physical Infrastructure Networks). The platform enables developers to build blockchain applications using JavaScript, making blockchain development more accessible.

Lisk was created on May 24, 2016. It was launched as a fork of Crypti, a blockchain platform established in 2014. The project was founded by Max Kordek and Oliver Beddows, who were previously part of the Crypti development team but decided to create Lisk due to differences in vision. The LSK token has been in circulation since its launch and has evolved significantly over the years, becoming a platform focused on blockchain application development, interoperability, and real-world asset integration.

Lisk was founded by Max Kordek and Oliver Beddows in 2016. Max Kordek serves as the company's president, while Oliver Beddows holds the position of Vice President. They established Lisk in Zug, Switzerland, and have been leading the project's development since its inception. Under their leadership, Lisk has evolved into a blockchain platform focused on interoperability, Layer 2 solutions, and real-world asset applications.

Lisk (LSK) operates on a blockchain platform that enables developers to build decentralized applications (dApps) through JavaScript. The network uses a Delegated Proof of Stake (DPoS) consensus mechanism where token holders can vote for delegates who secure and validate transactions. LSK serves multiple functions within the ecosystem: 1. Transaction fees: Used to pay for operations on the network 2. Staking: Holders can stake tokens to participate in network governance 3. Validator rewards: Network validators receive LSK as compensation With a current price of $0.3782 and a market cap of $73.47M, LSK has a maximum supply of 400M LSK tokens. The platform focuses on interoperability, allowing different blockchains to communicate efficiently. Lisk's Layer 2 scaling solutions help improve transaction throughput and reduce costs, making it suitable for real-world asset tokenization and DePIN (Decentralized Physical Infrastructure Networks) applications.

Lisk operates on a sophisticated blockchain architecture built around a dual-chain model. The core technical structure includes: 1. Delegated Proof-of-Stake (DPoS) consensus mechanism where token holders vote for delegates who secure the network and validate transactions. 2. Sidechain architecture that allows developers to build applications on their own customized blockchains while connecting to the main Lisk chain. 3. Software Development Kit (SDK) written in JavaScript, making it accessible for developers to create blockchain applications. 4. Interoperability features that enable communication between the main chain and sidechains. 5. Smart contract functionality for executing programmable transactions. This architecture provides Lisk with scalability advantages, allowing the network to process transactions efficiently while maintaining security. The modular design also supports specialized application development across various sectors including DeFi, gaming, and enterprise solutions.

Lisk has a promising future with a clear roadmap focused on blockchain interoperability and developer adoption. The project aims to expand its ecosystem through 2025-2026 by enhancing its Layer 2 solutions and DePIN capabilities. Key upcoming milestones include improved scalability, enhanced security features, and broader integration with Ethereum and other networks. With a maximum supply of 400M LSK and current circulation of 194.26M LSK, LSK is positioned to grow as it implements its technical roadmap. The team is actively developing real-world asset applications and improving cross-chain functionality, which could drive adoption and potentially increase LSK's value in the coming years. The project's focus on developer tools and interoperability solutions aligns with broader industry trends, potentially strengthening LSK's position in the competitive blockchain landscape by 2027.