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Lisk (LSK) is a blockchain platform designed to facilitate the development of decentralized applications (dApps) using JavaScript. It enables developers to create their own sidechains, providing greater scalability and flexibility while leveraging the security of the Lisk mainchain.
NEM (XEM) is a blockchain platform designed for enterprise solutions, focusing on security, speed, and scalability. It employs a unique consensus mechanism called Proof-of-Importance (PoI), which incentivizes active participation in the network and rewards users based on their overall contribution to the ecosystem.