Lisk is similar to QTUM and Ethereum in some ways, except that the customizable blockchain can be split into their own separate side chains. This saves developers legwork from designing something from scratch. Side-chains are basically decentralized databases on existing blockchain applications, like a template someone can use to start a new project.

Lisk is being developed in Berlin by a small team and co-founders Max Kordek and Olivier Beddows, who are veterans in the cryptocurrency and development world.

Litecoin

Nearly identical to Bitcoin’s design, Litecoin is a peer-to-peer transaction blockchain, designed to be used as a currency. It is unique to Bitcoin in that is able to handle more transactions at lower costs. It is intended to be used for daily, small transactions like coffee, without having the lag and high fees of bitcoin. While Bitcoin is seen as the “gold” Litecoin is intended to be the “silver”, it is a faster and lighter alternative to Bitcoin.

The Litecoin blockchain comes from a fork in the Bitcoin blockchain. It was initially launched in 2011 when founder, Charlie Lee, was still working for Google. He is a well-known cryptocurrency expert and is backed by a strong development team who appear to be achieving what they set out to do. They have recently achieved a very notable accomplishment with the first successful atomic swap. Atomic swaps allow users to, for example, exchange 1 Bitcoin to 100 Litecoins without the need of a third party or paying transaction fees.