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Crypto Investors should Keep an Eye on Lisk (LSK)

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The crypto market of 2018 has scarred many great projects, which can be found all across the crypto space. This does not only include the usual top 10 largest coins by market cap, but also cryptos that were rising in ranks, on their way to maybe even infiltrate the top 10 list.

However, while the bear market has definitely made things increasingly more difficult, these tend to be great quality projects that can, and likely will, persist. One such coin is Lisk (LSK), which currently sits at the 37th spot on the list of largest cryptos by market cap. However, there are many who believe that this coin is worth looking into and that investors should keep a close eye on it in 2019.

About Lisk

Lisk is one of the projects that do not aim to make their coin the most popular cryptocurrency in terms of making payments. Instead, the project was imagined to be a platform that will allow and inspire further creation, similarly to Ethereum, Cardano, and other more popular platform coins. As such, Lisk holds nearly unlimited potential, and the only thing that its future depends on is whether it can provide a healthy ecosystem in which new creations can grow.

The coin has had a long history, and it was originally launched in 2014. Back then, it also had a different name — Crypti. Its creators wanted more blockchain developers to join the project and participate, which is why they started an open-source platform that allowed dApp creation.

In 2016, LSK held an ICO which was quite successful, and 100 million of the project’s coins were sold. This is around 78% of the coin’s current total supply, which indicates that there was a large interest in the coin even then. The amount raised during the ICO was at around $5.8 million.

What makes Lisk stand out

Lisk quickly grew popular with developers and investors for several reasons, such as its use of JavaScript, which has been one of the most popular programming languages in recent years. Furthermore, thanks to a professional and very useful software development kit, dApp creation was easy and effective, with developers enjoying their work instead of struggling with new programming languages and having to do all the work from scratch.

Furthermore, Lisk found a way to deal with scalability problems by introducing sidechains to its main blockchain. This allows it to deal with large amounts of transactions without experiencing problems like those that are troubling Ethereum and other similar projects. By introducing sidechains, Lisk should, in theory at least, have infinite scalability, as well as better security, as any dApp that starts experiencing issues can be isolated without affecting the rest of the blockchain.

Another thing worth mentioning is Lisk’s team, which is well organized and categorized into 4 departments, each working on a different aspect of the project. The departments are called Operations, Marketing, Development, and Creative, each contributing to the project in their own way.

Finally, Lisk has entered some very big and important partnerships over the last several years. Partnerships are crucial for cryptocurrencies’ survival, as they show potential developers, investors, and other partners that the project is real and capable of growth and development. Some of the most important partners that Lisk has entered include Microsoft Azure, lightcurve, and ShapeShift.

In the end, Lisk is a great project with a lot of potential for the future. While its coin doesn’t have a lot of value to it at this point — its current price is $1.24 — this can always change with a proper bull run. Lisk’s all-time high was over $38, and if analysts are correct, it is possible that 2019 will be the year when a new rally will arrive, potentially bringing coins back to their glory days, or even launch them to new heights entirely.

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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