all you need to know to get started with the Lisk blockchain platform
For further reading, we recommend going to the official Lisk Site.
It really depends where you are from. We’ve made a list of the most common exchanges to buy Lisk. For a complete list you can take a look at CoinMarketCap markets.
We encourage people to use the official Lisk wallets to store their tokens. Never store a big amount of tokens on any exchange.
You can download the official wallets Here. Make sure to write down your passphrase and keep it somewhere safe!
Lisk is utilizing the Delegated Proof of Stake consensus: the network is secured by 101 active and 2 standby delegates confirming transactions on the blockchain. The delegates are voted in the active spots by Lisk holders who hold the LSK tokens in their wallets. Delegates are forging LSK: confirming transactions and creating blocks. For each block they forge, they earn 1 LSK. Some delegates share a percentage of their income. This would be your voting reward.
Yes, you can stake your LSK to support delegates that align with your goals of how you want the platform and community to evolve. This mechanism is called ‘voting’. Different delegates will have different ways of contributing and some delegates payout some of their forged rewards to their voters, other use it for development purposes, or a combination of both.
You can read more about Lisk delegates at Lisk.chat under either the #delegate-discussions or #delegate-campaigns channels. Alternatively, we recommend going to https://www.lisk.vote
There can only be 101 actively forging delegates at any one time, plus 2 stand-bys. There can be an unlimited number of registered delegates, however, they require enough voting weight to become an ACTIVE delegate. To know how much voting weight a delegate needs to become active, check the explorer and check the voting weight of the delegates currently in the top 101 spots.
A delegates voting weight is equal to the amount of Lisk . Your voting weight is applied to each delegate you vote for INDIVIDUALLY and not shared across the group. Therefore it is in your best interest to use the full 33 votes per 1 LSK fee.
You can vote as many times as you want. However, each address may only vote for up to 10 delegates. Furthermore, each Lisk can only be used to vote for a single delegate. For instance, if you have 1,000 LSK, you may vote for a single delegate with all 1,000 LSK, or you may choose 2 delegates with 500 LSK a piece, or even 3 delegates, one with 500 LSK and the other 2 with 250 LSK a piece.
Yes and no. You can utilize the Lisk SDK to develop your own blockchain, however interoperability is not yet live, so you will not be able to connect to the Lisk mainchain until then
You may find the official documentation here
The best place to get help is lisk.chat, specifically the #developers channel
First you must register to become a delegate. This will cost you 10 LSK. Then you have to vote for yourself with a minimum of 1,000 LSK. Keep in mind you should set up your delegate node prior to voting.
You can get started by visiting the official Lisk site here
1,000 LSK minimum, however your total vote weight can not exceed 10 times your self weight vote. In other words, if you self vote with 2,000 LSK, and you have one other voter voting you with 100,000 LSK, your total vote weight is only 20,000 LSK (2,000 x 10 = 20,000)
There are many ways to get votes, but some are more successful than others. Making tools, creating a blockchain app, writing guides, making tutorial videos, holding community meetups, and just getting to know the community are all possibilities to earn votes. I would strongly recommend running a testnet delegate first though, as most voters will require you to prove you can handle the essentials of running your own delegate node.
The best place at the moment is the #delegate-campaigns channel on lisk.chat