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All the Things that Make Lisk (LSK) a Great Investment
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All the Things that Make Lisk (LSK) a Great Investment

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Lisk
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Although Lisk (LSK) has been dropping for some time now, we can’t miss on thinking about all the great things this currency has to offer for its investors. Even though LSK is currently being traded in the red at this moment, it is more than evident that the majority of currencies are dropping and suffering from losses as well. That is how we decided to list all the things that make Lisk one of the top players in the world of cryptocurrencies. That should at the same time remind us that a crypto isn’t always about the highest price, even though that counts as well. Furthermore, Lisk is considered to be one of the top investments currently available on the market, so we’ve decided to list all the things that make Lisk unique in the world of hundreds of cryptos.

Lisk as a Fork

It all happened when Max Kordek and Oliver Beddows took the control over Lisk, which was a new product forked from what was currently known as Crypti. Before Lisk, there was Crypti; however, in 2016, Lisk was created as a fork derived from this project.

Ever since, the team has been working on creating a blockchain-based open-source platform that will allow users to easily create and deploy decentralized applications, which Lisk now represents.

According to the dev team behind this project, their main objective while preparing LSK to get launched as an ICO while also working on perfecting the platform was to create a digital asset with a digital blockchain environment that could pose a challenge to Ethereum, given the fact that Ethereum is still considered to be the leading platform when it comes to smart contract operations and Dapp deployment.

What is maybe the most interesting thing about the statement that Lisk is aiming to pose a challenge to the second-best cryptocurrencies to currently exist, is the fact that later on in 2018, the former CEO of Ethereum along with another ETH member joined to the team behind Lisk.

Lisk’s Partnership with Microsoft

What many do not know is that Lisk partnered up with Microsoft way back in 2016. Basically, there are a few good ways of sky-rocketing a currency, but if you are looking for the best way, partnering up with a corporate giant is surely one of them.

The partnership between the two was made in order for Microsoft to a get a blockchain-based protocol that would be able to power up Azure Program by using a blockchain solution, Azure Cloud.

At the time, Microsoft was taking an initiative into creating a BaaS (Blockchain-as-a-Service) set under Azure that would, later on, simplify the making and deployment of decentralized applications that were of that time able to be easily programmed and created by using JavaScript.

That being said, Lisk had a lot to gain from this partnership as now this platform had a more scalable solution for creating decentralized applications.

The only thing needed in order to create any type of decentralized application was to gain the access to Azure cloud computing network that was powered up by Microsoft’s technology.

Moreover, Lisk users were also able to use customizable blockchains, join the Internet of Things and create different Dapps in a simplified way.

Lisk Found a Way of Dealing with Slow Network Time

What many developers and crypto enthusiasts, and even laymen, noticed when it came to the way blockchain platforms work, they all noticed one thing while observing major, much older currencies, such as Ethereum and Bitcoin. Apparently, these currencies with their platforms and operating blockchains had issues with network bloating.

That means that the network time would get much slower over time during the increased traffic on a given blockchain network.

The most often issue with bloating networks usually occurs due to having many transactions on a single blockchain network, being processed at the same time. That is how the network gets “jammed” and as a consequence also slower in performance, which is what nobody wants to get from a decentralized blockchain-operated ecosystem.

That is how Lisk dev team decided to learn on other cryptos’ mistakes, and as a consequence, we were introduced to side chains. Side chains are a fantastic way of solving the issue of bloated networks.

That is the case because, due to the existence of side chains, the records of processing transactions don’t have to be kept on the main chain of a blockchain network, while side chains would take over that role instead. This way, the problem of having slow network time is completely resolved and diminished in the core of the problem.

At the same time, that is how Lisk is holding an advantage in oppose to similar networks.

Lisk Hub and Lisk

Last, but not the least, Lisk can be proud of the newly developed update for Lisk. This time with the new update, all users will be able to enjoy a smoother user experience. That is because the dev team behind this currency and its platform has decided to change the interface for improved functionality, that way making the interface more user-friendly.

However, what is most important in this story is that the newly updated LiskHub has some amazing features that will in many ways improve the overall experience of LSK users. Some of the features mentioned include lock ID and account initialization, but the list of features doesn’t stop there.

How is Lisk doing at the Current Moment?

Ranked as number 21st, just a spot away from getting to the list of top 20 best cryptos, Lisk is currently being traded in the red.

Along with the majority of other digital assets, LSK is dropping in its price on April 6th. After the most recent change in the market that happened in the last 24 hours, Lisk has made a drop of -1% against the dollar.

In addition to dropping against the dollar, LSK is raising against BTC by 1.16%, which means that Bitcoin is going through more serious losses when compared to how well LSK is doing at this moment.

At the current moment, LSK can be bought at the price of 7.91$ per one unit.

We will be updating our subscribers as soon as we know more. For the latest on LSK, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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