Part of the reason why Lisk is expected to boom in future stems from its open access approach to blockchain development, by allowing developers to build and deploy decentralized applications using JavaScipt (JS), rather than requiring blockchain-specific languages such as Solidity and Serpent. Because of this, Lisk is expected to be among the first to benefit from the mass adoption of cryptocurrencies.
In the months following its launch in 2016, Lisk remained a relatively unknown cryptocurrency, though did enter the market at a small multiple of its ICO price. However, Lisk really rose to prominence throughout late 2017 and early 2018, as it’s market cap swelled to reach over $4 billion, while the value of LSK soared to almost $39 each.
As it stands, Lisk remains one of the largest cryptocurrencies by market capitalization and is currently sitting at a just under $200 million market cap. Because of its huge potential to undergo another boom, many people are holding LSK for the long-term, expecting it to climb above its all-time high at some point in the near future.
Currently, one of the best ways to securely store your LSK is by combining the security of a cryptocurrency hardware wallet, with Liskish — currently the only Lisk wallet to support hardware wallet integration. The focus of this article will be getting your Ledger Nano S connected with Liskish, so you will need both your Ledger Nano S and Liskish installed to complete this guide. To get more information visit #Lisk.
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