Lisk Price (LSK)
Lisk Price (LSK)
Lisk is a decentralized network having its own blockchain. It’s blockchain was launched to create the blockchain used by developers to build a wide range of applications on Lisk. It uses an algorithm called Delegated Proof of Stake. The token called LSK used for transactions. To send LSK from one account to another takes only 10 seconds. It is fully decentralized and without the hassle of complicated consensus protocols the transactions can be done. Lisk was started as a fork of Crypto. It began with an ICO to decide the initial distribution and to raise development funds. The ICO raised 14,000 BTC and, at the time, was the second most successful cryptocurrency crowdfund. On May 24, 2016, the main net for Lisk went live and it became available for trading on major exchanges. Quickly after trading started, Lisk briefly became the second most popular cryptocurrency traded against Bitcoin.
Lisk Price INR History
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Lisk Price History and Analysis
Lisk Price in India (LSK Price in INR)
Lisk(LSK) is a contending Ethereum blockchain made by previous Ethereum individuals Max Kordek and Olivier Beddows. This blockchain offers numerous applications, for example, the production of dApps (decentralized applications). Lisk utilizes an explicit Proof-of-Stake (PoS) accord called Delayed PoS. Despite what might be expected, Ethereum is at present utilizing a Proof-of-Work (PoW) agreement. The Lisk blockchain has 101 hubs and these hubs are chosen only by the proprietors of Lisk. These hubs are in charge of anchoring the principal List organization. The exchange of Lisks, which should take just a couple of moments, will be liable to an exchange expense. This assessment will be given to the different representatives who work to anchor the blockchain and process exchanges.
LSK price in INR in 2017
On 1st September, 2017 the Lisk price in India was INR 472,55and it started fluctuating and closed the month September 2017with LSK to INR 377,62 on 30th September 2017. On 1st December, 2017 the LSK Price INR 504,91 and the Lisk experienced an up-surge and reached at LSK to INR 1390,46 on 31st December 2017.
Lisk price in INR in 2018
On 1st January 2018, The price of LISK in INR was 1405.58 and saw the highest value at 2210.51 on 07th January 2018 but then there was a decline in the price and Lisk finally reached at LSK to INR 1376.39 on 31st January 2018. On 1st February 2018, The LISK price in India by the mid-2018 was INR 939.70 which kept declining and in the end Lisk price valued at INR 99.32 on 31st December 2018.
Lisk price in INR in 2019
In the beginning, Lisk price in Inr was 2,077.36 and Lisk price reached maximum of 9,868,00 on 23rd June, 2019 and by the end of the year on 31st December 2019 it slid back to INR 3059.43.
Lisk price in INR in 2020
on 1st January 2020, Lisk price started with INR 39.72 and has reached Highest by far on 10th February 2020 at INR 147.27 with sliding back to INR 60.79 on 13th March and recovering at INR 93.53 as on 1st June
Lisk has some unique characteristics that could make it an important player in the cryptocurrency market
Lisk is the first modular cryptocurrency. Modularity that is designed using different applications can interact with the main blockchain through sidechains. Modularization helps in overcoming the scalability problems.
Delegated proof of work
The algorithm used by Lisk is Delegated proof of work that accelerates transaction processing and the transactions of Lisk get confirmed within 1-2 minutes.
The biggest sidechain platform
Developers can build applications on a side chain that is away from all the clutter on the main chain.
Lisk also provides a directory of apps available on the Lisk platform. It is easy to access as it is a decentralized store for blockchain apps to exist and distribute.
Buy and sell Lisk at the best price in INR
Whether you want to buy Lisk in India Or you want to sell Lisk in India. The most secure and safest platform in India is BuyUCoin. It is the best Indian Exchange which offers LSK to INR trading pairs. It is India’s most secure, dedicated, User friendly and trusted digital exchange. At BuyUCoin you can not only buy/ sell LSK to INR but also more than 30 cryptocurrencies and It follows payment industry best practices with strict KYC-AML policies because of these features BuyUCoin become a leader in Indian cryptocurrency Market of cryptocurrency exchanges.