Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1996. (Read 3074324 times)

thank you for this new information
helpful to me

I think the world is big enough for both of them, there will be different applications for them, also some overlap.

Better? Depends on your criteria for running dApps.

And what MalReynolds said.

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity
Like I said ... easy to write a Javascript compiler to Ethereum bytecode  
Let me know when it's done...or even started.  Even if an Ethereum JavaScript compiler  existed, Solidity is still an unstable language - why paste a compiler on top of it?

100,000+ JavaScript programmers vs. few Solidity programmers
The above argument eliminates this so called advantage of lisk
The above argument is vaporware.  JavaScript programmers can start coding Lisk dapps right now.

Single hash generated  vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime
Makes no sense at all
I've explained this several times.  Churning out trillions of wasted hashes means lots of wasted electricity - like literally a nuclear powerplant's worth for Bitcoin - and is an ever-growing financial overhead that will ultimately kill the coin.

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation
looks like the same as above
No, it's the key reason Lisk can run on a $9 CHIP computer and Ethereum can't.  Economies of scale hugely favor Lisk over BTC/ETH.

Stable roundtable clockwork forging vs. unsustainable, exponentially growing free-for-all mining
Forging is no different than mining ... just different ways to make the currency
It is so sad to see people that don't understand enough math to get why exponential growth is unsustainable, or why a stable system is different and better from an unstable one.

Dapps on individual sidechains vs. dapps on bloated mainchain
Ethereum dapps are also sidechains .. lol .. you seem to be uninformed
The Ethereum Guide says its dapps are deployed on the mainchain ( https://gavofyork.gitbooks.io/turboethereum/content/dapps_deployment.html ).  Practically, in Ethereum dapps are just specialized "contracts".  There's my showdown cards in this poker hand - what's your counter-reference to prove what you are saying about Ethereum sidechains?  Prove to me that each dapp in Ethereum has its own separate blockchain as they do in Lisk.

Min of 2-4 to max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for each sidechain backbone vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone
The GPU rings will not be used once POS for eth sets in
So...PoS for ETH is vaporware, got it.  How can you know that Eth PoS will run on microcomputers like Lisk does if ETH PoS finally shows up?  What happens to all those sad little GPU miners whose income stream will be cut off?

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required
Ah ... What can possibly be the use of the beloved LISK then ...
What part of "free" vs. "paying for ETH gas" is so hard to understand?  Free is better.  Lisk is still the exchange coin of choice within the dapp itself.

Difference between Lisk Forging and Ethereum Mining

With Lisk, generating a new block for the blockchain is called "forging" (in the "blacksmith" instead of the "counterfeiter" sense of that term), not mining.  Mining is a Bitcoin / Etherium term that refers to competitive generation of thousands of millions of billions of useless hashes looking for a string of leading zeros in the hash that is a "lucky ticket" declaring a particular miner to be the winner of a reward.  Forging is a cooperative  generation of one and only one necessary hash to secure the Lisk blockchain, for which you are paid a set fee when it's your turn to do it.  During the first year a Lisk forger makes 5 Lisk per block forged, which happens like clockwork about once every 17 minutes, for a total of 150K Lisk in the first year.

In a pure PoS system, the richest coin holders that set up a forging node get most of the rewards from running those nodes.  With DPoS, anybody can set up a forging node no matter how much or how little of the coin they hold, as long as they pay (for Lisk) a 100 coin start fee.   Under DPoS, a poor coin holder / node runner gets the same rewards as a rich coin holder / node runner.  Thus there is incentive for poor coin holders to run a good node to increase their coin holdings.  Since there's a lot more poor coin holders than rich ones, the pool of potential node runners is much bigger.  This is a Good Thing.

Lisk generating only one hash per blocktime is one of its huge advantages over Bitcoin and Ethereum and their huge waste of resources.  

Lisk is literally trillions of times more efficient in CPU cycles per block generated compared to Bitcoin or Ethereum.  This is why Lisk can use really cheap computers, while Bitcoin and Ethereum are trapped forever to use a hugely expensive, wasteful and unneeded overhead infrastructure - all those warehouses full of mining rigs, whether ASIC or GPU based.

Now THAT'S stupid - and most Bitcoin and Ethereum people have no idea just how stupid it is.  

Lisk Coin Inflation Is Much Lower Than Ethereum Coin Inflation

maybe you haven't been here the whole thread ;p

it's been a very lively mix of the usual shit slinging, noob questions, and odd generallly cool info from someone as any thread, i actually havent had the shill thought once myself haha ;p
it's been great  (and i been mostly observing myself lol)

Somebody can explain me, why LISK better than eth?

That screen is a leftover from the Crypti blockchain explorer that Oliver wrote. Crypti was only on Polo and BTER.  Somehow the Lisk logo was put on it.  Maybe Oliver did it as a graphic mockup.  


Um...'cause it's actually rather hard to launch a multi-million dollar coin, and they want to take their time and do it right?

Why so long?

why do I see and feel there is too much sock puppet accounts posting here? is it just me? anybody noticing this too?

Official not set in stone date is April 11th

When does LISK officially launch?

Thanks.

Last thing I heard was that you'll be able to contact bter for lisk later after release or something like that.

I'm sure the lisk guys are busy trying to verify all the transactions and will come to a reasonable solution.

So what's the latest with the Bter cold XCR being sent to the Lisk ico? Any explanation from them? Or straight up criminal act with user funds?

I will be Hold LISK for 4 - 5 Month   

Done, thanks!

It's not very impressive if you change your points you are critical about. First you said "Java based?? lol ummmm ok.", after the info that it's Javascript you quickly speak about "shady...btc investment" etc.

The question is: What exactly is your point?

LOL at how butthurt you and bananabread boy there are getting over this.  Should I/we be worried about any LISK development/investment? Hrrrrmmmmmmmmmmmmmm.  The point is, LISK SEEMS to have potential but it's very shady re. the btc investment for "What it is" which is nothing groundbreaking at all!  Don't you people get that?  You obviously have strong feelings for LISK which can easily cloud your judgement, thus I feel for you. 

You are 100% right Sussex, can't have BTER around official LISK material. Sends wrong message.

I know you do nothing... except for a bit of pedantry here and there.

If the Lisk market watcher shows the Bter price, people will take it as approval of that site. It doesn't matter if it's a place holder or not - although I doubt it is a coincidence.

I thought you would have been around long enough to understand this.

Edit:

Having said this, is the market watcher screenshot even genuine?

I know it is the choice of the exchanges to list or not a certain coin but Lisk on BTER would be a bad publicity especially on the launch.

I do nothing, Lisk Devs do and it was just a placeholder, nothing more. If you know s.th. about programming websites, you also know, that these kind of stuff is totally normal. Don't make this thing bigger than it is. Thanks.

@all: I corrected the link to Telegram. I would appriciate it, if you do it in your quoted posts, too. Thanks.