Lisk (LSK)
A Blockchain Application Platform.- Lisk is a blockchain infrastructure aiming to be easy-to-use for the general public, as well as for developers to build decentralized applications.
- Through Lisk, developers can build, publish, distribute, and monetize their applications by using a Software Development Kit (SDA) that enables custom blockchains, smart contracts, cloud storage, and computing nodes.
- The network runs a Delegated Proof-of-Stake (DPoS) consensus mechanism where token holders can delegate tokens to support block producers they trust.
- The LSK token is used in voting for governance, staking and delegating, as well as gas payment for simple token transactions and smart-contract executions.