LSK - Lisk.
Lisk is a decentralised network, it uses a system called delegated proof of stake which is different to most of the cryptocurrencies like Bitcoin, which uses proof of work algorithms. This means LSK voters can vote for main-chain delegates to help secure the network, there is a limit of 101 active main-chain delegates which get the most votes altogether and earn on block generation rewards, meaning people have an incentive to become a delegate.
The main idea - Lisk's has an SDK (Software development kit) this is a framework used to create your own sidechains with Blockchain applications implemented within them. Lisk is similar to Ethereum, however everything you write is written in JavaScript, meaning you can create plenty of things; games, social networks, IOT applications and much more.
The Team:
Lisk has a fairly large team compared to most other assets with people ranging in front-end and back-end developers, system architects, marketers and financial advisory. They recently restructured their team and hired more developers to help build this application. Altogether, these people seem dedicated towards the project and hopefully they are able to take it somewhere special!
Advantages:
- Classed as the "Ethereum alternative for Javascript developers"
- 100% Javscript, Node.js for back-end development.
- Future changes coming to Lisk's development.
Disadvantages:
- Lisk is new, Ethereum is much more developed currently.
- No prevention for non-deterministic behaviour.
- No ability to prevent infinite loops when programming.
- Some JavaScript features are hidden, (you cant iterate over key objects) this is non-deterministic behaviour.
Market:
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Website - LSK
