EXCHANGER: EXCHANGE NOW
TRADING + MULTIWALLET
PLEASE, DONATE LISK TO RECREATEOFICIAL:
4083133003436056868L
Lisk started as a fork of Crypti beginning with an ICO (Initial Coin
Offering) to decide the initial distribution and raise development
funds. The ICO raised $5.8 million and, at the time, was the second most
successful cryptocurrency crowdfund (later that month, WAVES and The
DAO would surpass it). On May 24, 2016, the mainnet 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.
Forging:
Lisk utilizes an inflationary forging rewards system which creates new LSK for every successful block. During year 1, the forging rewards are set at 5 LSK per block. Every 3,000,000 blocks (~1 year) forging rewards are reduced by 1 LSK, ending at 1 LSK per block after 5 years. The forging rewards will then stay at 1 LSK per block indefinitely. The Forging Rewards will be equally distributed through all active (top 101) delegates, same as any network fees.
Block Time:
The Lisk network forges blocks in 10s intervals. In the event that a delegate fails to properly forge their assigned block, the transactions move to the next block in the round, causing the block to be extended by 10s. Each subsequent missed block results in a 10s delay for transaction processing and confirmations.
Partners:
Lisk partnered with Microsoft to integrate Lisk into its Azure
Blockchain as a Service (BaaS) program — meaning developers worldwide
can develop, test, and deploy Lisk blockchain applications using
Microsoft's Azure cloud computing platform and infrastructure
