Lisk Wallet

Anisa Batabyal
| 06 May, 2020 | 2 min

What is Lisk Wallet?

Lisk (LSK) is a decentralized founded by Max Kordek and Oliver Beddows with the aim of making blockchain more accessible. It all began in the year 2014 with Crypti, an open-source blockchain app platform which was eventually forked by Max Kordek and Oliver Beddows. Crypti needed more firepower to reach the founders’ visions and was forked into Lisk in May 2016.

Lisk coin is presently in the process of its Software Development Kit (SDK), which will allow the building of your own personal blockchain. The SDK will use JavaScript to do so, which will be as easy as Code – Deploy – Use. The dApps built on the Lisk network will run in individual side chains so as not to compromise the overall Lisk network and its scalability.

Lisk is the 25th largest cryptocurrency as of now, with a market cap of $539,654,415.

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List of 6 best Lisk wallets In 2020

The top 6 Lisk wallets in 2020 are:

  • Lisk Hub Wallet
  • Lisk Nano
  • Lisk Core
  • Lisk Commander
  • Lisk Paper Wallet
  • Lisk Free Wallet

1. Lisk Hub Wallet

It is one of the most user-friendly wallets, which can act as an “all-in-one” solution, accessible through your web browser and even for download to Windows and Mac operating systems.

Lisk Identity uses an algorithm to create a unique visual representation of each user, which is presented with a 12-word passphrase, that is stored on some third-party servers, so you’ll have to store it in a safe place. Hub also features a blockchain explorer and allows users to vote for the delegates. Lisk says that it will also feature a decentralized exchange, sidechain registration and the ability to launch your own ICO, in the future.

Download Lisk Hub Wallet

2. Lisk Nano

Lisk Nano is one of the best Lisk online wallets in 2019, which allows you to access your Lisk ID and basically aims to be as convenient to use as possible. There’s no need to worry about the blockchain synchronization as the wallet connects directly to the Lisk Network.

It is a hierarchical deterministic(HD) Lisk wallet, which makes it easy to receive and send tokens and can check the status of your LSK balance. The wallet is available for Mac, Windows, and Linux operating systems and also gives you the ability to control your private keys.

Download Lisk Nano Wallet

3. Lisk Core

It is one of the top Lisk wallets for desktop versions, which is meant for technical users because of its full node complicated process. It is not meant for the amateur traders.

If you’re a developer, this wallet may be the correct choice for you. However, if you’re a tech novice, looking for a simple way to manage your LSK tokens, you should probably be better served by one of the first two wallets on this list.

Setup Lisk Core Wallet

4. Lisk Commander

Lisk Commander aims to be the most convenient tool for developers who are looking for an efficient way of coding with a Command Line Interface (CLI). With Lisk Commander, it is easier to plug new commands into the CLI than building a Graphical User Interface (GUI) around every command. This Lisk wallet will facilitate delegates, node operators and contributors to make proper use of Lisk’s functionality from the command line with ease.

Lisk Commander enables you to communicate with a remote or local node and carry out Lisk-related functionality using an interactive or non-interactive command line tool, proving it to be one of the wallets for advanced users.

Setup Lisk Commandar Wallet

5. Lisk Paper Wallet

Lisk paper wallet is a good option for cold storing your LSK tokens. It is the best offline Lisk wallet, which can be stored without the risk of theft or cyber hacks.

Like other paper wallets, it is the last option. But if properly handled, you can store it as an asset.

Generate Lisk Paper Wallet

6. Lisk Freewallet

Freewallet is one of the best Lisk wallets for Android and ios devices. It is an open-source wallet that is very simple and secure. The best part about Freewallet is that it has QR code authentication. With Freewallet, your passphrase is literally your wallet, and all of your addresses and keys are generated on-the-fly when you log in.

There are no wallet files to backup or secure, and using your passphrase you can access your wallet from any trusted machine with a web browser, hence making it as one of the best Lisk wallets for iOS and Android users. There is a point of caution - Freewallet does not provide the access of the private keys to its users and they have full control of your always.

Download Lisk Freewallet

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