Lisk (LSK)

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Lisk is a blockchain application platform with its native token Lisk.

Overview[edit]

Firmware (device) support Trezor Model One 1.7.1., Trezor Model T 2.0.8
Available in Trezor Wallet? No
Third-party wallets LiskishWallet

How to use Lisk with Trezor[edit]

LiskishWallet is a third-party wallet with a Trezor integration.

ImportantLiskishWallet was developped by a third party and SatoshiLabs does not bear any reponsibility for the wallet, its functionalities and its development.


NotePlease make sure that your Trezor device is running the latest firmware version. If you have not yet updated the firmware, go to Trezor Beta Wallet and follow the guide.


1. Download Liskish Wallet here and install it.

2. Plug in your Trezor device.

3. Open LiskishWallet.

LiskishWallet1.png

4. Click on "Hardware wallet" and select your device from the list by clicking on the Login icon next to it.

5. Enter your PIN and your passphrase (if enabled). If you do not use a passphrase, leave the field empty.


NoteWhen using Trezor One, you need to enter your PIN using the blind matrix. The process is the same as in Trezor Wallet. See User manual:Entering PIN.


6. After you initialize your account by sending an outgoing transaction, you can use the wallet to send and receive funds as well as vote and sign messages.

LiskishWallet2.png
LiskishWallet3.png

For more information about the individual features, see the external blog article Liskish Wallet — Now with TREZOR Support!.

Technology[edit]

Sidechain Development Kid(SDK)[edit]

Lisk's Sidechain Development Kit(SDK) written in JavaScript enables developers to build blockchain application, which include custom tokens. The utility token used in the Lisk ecosystem is known as Lisk (LSK). This token is used to pay the fees associated with sending transactions on the network.

Delegated Proof of Stake[edit]

Each token also allows the holder to vote for delegates that secure the network within the Lisk DPoS (Delegated Proof of Stake) consensus protocol. Lisk uses Delegated Proof of Stake as its consensus protocol. Delegates generate all of the blocks within the system and are elected by the stakeholders, in this case all entities holding LSK tokens.

History[edit]

Lisk raised over 14,000 Bitcoins during its ICO in Q1 2016, Lisk has its headquarters in Zug, Switzerland.

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