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Lisk

LSK Lisk

Decentralized Application & Sidechain Platform

Lisk is a decentralized network such as Bitcoin, Nxt, or BitShares. It doesn’t utilize Proof of Work like Bitcoin, or Proof of Stake like Nxt. Lisk uses a simplified implementation of BitShares’ original consensus algorithm called Delegated Proof of Stake. That means every LSK holder can vote for mainchain delegates which are securing the network. There are only a maximum of 101 active mainchain delegates which always got the most votes on the whole network, and only they can earn block generation rewards, that means there is a financial incentive to become an active delegate. Every other delegate is on standby awaiting to become elected, or alternatively, securing a Lisk sidechain.

Team

Members

Max Kordek - CEO and Founder

Oliver Beddows - CTO & Founder

Isabella Dell - System Architect

Ricardo Ferro - Tools Developer

Joel Fernández - Community Manager

Country of origin Germany

Technology

Blockchain Lisk (What is blockchain?)
Codebase Fork of Crypti (What is codebase?)