Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2135. (Read 3074169 times)

This true statement does not mean "smart contracts" are impossible in Lisk.  It depends on your definition of smart contracts.  

Can Lisk run a dapp on a sidechain that takes coin from two or more people, scans the web repeatedly via APIs or screen scraping, and then pushes all coins previously collected back to only one person's Lisk account based on some future trigger that is found?  

Yes.  And I would argue this fits the definition of a "smart contract".

As I have said repeatedly, the first person to write a sports betting dapp in Lisk using code like this will be a billionaire.

Any thoughts on this?

"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalksearch.org/topic/m.13895722

Lisk is a platform for decentralized apps instead, written in javascript

It's in the altcoin discussion area. Don't let anything said there influence how much you invest in Lisk, however. People mostly just say whatever they want to occur...


If they bought in, coin will skyrocket. If they are waiting until the initial dump on an exchange, coin will plummet. But there are some ideas posted as to what typically occurs with ICOs, and again, that idea about not being on an exchange initially.

Here: https://bitcointalksearch.org/topic/lisk-price-speculation-1386914

Where is the Lisk price speculation thread?

Here you see countdowns for ICO and bonuses: https://ico.lisk.io/

Someone mentioned something in the Lisk price speculation thread that does make some sense... in a way, it may be better if Lisk wasn't listed on an exchange immediately after the ICO. It's psychological, but the fact that a coin is unavailable to purchase tends to make people more interested. So a short delay, perhaps with some marketing or Dapps contests, actually could benefit the coin by the time it hits an exchange.

It's also possible the coin could benefit from just being on Bittrex to begin with. The lure of eventually getting on Polo or larger exchanges might sustain its price level (or increase it), during the coin's initial dump period (happens with all ICOs, it's just a question of when).

Ok, thanks. When does the ICO ends?

There's no exchange yet that has agreed to carry Lisk...but there will be soon.

Will this be available to trade right after ICO?

Lisk is a dapp development platform that runs sidechains.

https://www.youtube.com/watch?v=Rk_0TjP1gjY

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 a new, experimental, unstable language - why paste a compiler on top of it?  See:

https://docs.erisindustries.com/tutorials/solidity/solidity-1/

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 exponentially-growing financial overhead that will ultimately kill the coin.  See:

https://blockchain.info/charts/hash-rate?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

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

http://getchip.com/pages/chip

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 even 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 forever" is so hard to understand?  Free is better.  Lisk is still the exchange coin of choice within the dapp itself.

The fact that it was able to raise over 3000 BTC 

How the hell did this managed to raise over 3000 BTC What's so special about this entity

Vitalik was completely stupid on this sale (and others stuffs)...

I hope you won't just dump these BTC at market prices on one exchange like Vitalik did.

Create a support ticket or join the chat to talk to @max or @oliver.

Just invested in the Lisk ICO. Got my passphrase and keys saved in 3 places and I'm ready!! 

The best part of the Lisk ICO is that the numbers are clearly available for anybody to see.

LISK ICO OVERVIEW:

As I write this at 13:30 UTC, Lisk has a market cap of $2.157M = 5114 BTC.  This market cap can be divided into the following assets:

3199 BTC (62.5%) - Actual BTC donated, to be used as a $1.35M cash development fund for future versions of Lisk
0789 BTC (15.4%) - Equivalent BTC from Crypti transfers, effective value of Crypti Version 0.5.5 code base used to launch Lisk
0360 BTC (07.0%) - Early participation bonuses, effectively an advertising expense to organize approximately 2000 people into initial Lisk users
0360 BTC (07.0%) - Set-aside for future bounties and consulting payments
0203 BTC (04.0%) - Founder reward for Max Kordek, Lisk CEO
0203 BTC (04.0%) - Founder reward for Oliver Beddows, Lisk CTO

Note that Max and Olivier didn't have to give out early participation bonuses, which are a free giveaway of almost as much Lisk as they kept for themselves.

Here's the BTC donations by day so far:

Day 1&2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

BTC 801.3 43.5 131.8 109.0 190.2 107.0 63.5 69.0 113.1 174.9 314.9 275.8 343.4 95.2 139.5 170.4

Follow the numbers here as they change over the rest of the Lisk ICO:

How Many Lisk You Will Receive For One Bitcoin (BTC)

https://docs.google.com/spreadsheets/d/1iOEdaRnBmSAO5miW7xYheeYUgo5wL9l9BONw6x21nQg/edit?usp=sharing

How Many Lisk You Will Receive For One Crypti (XCR)

https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit?usp=sharing

The Satoshi Price For One Lisk

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit?usp=sharing


I have written two posts on this false idea that the Lisk ICO is a "Crypti bailout".  

https://bitcointalksearch.org/topic/m.14152101

https://bitcointalksearch.org/topic/m.14154777

Bottom line, BTC donors are not losing any money here regardless of what the Crypti donors do. You think I'm wrong about that, show me your math-based reasoning like I've shown you mine.

The people who are using Crypti to buy Lisk agree with Max and Olivier that the Crypti Foundation was not doing a very good job of pushing this JavaScript cheap microcomputer sidechain dapp technology forward.

Crypti stopped being coins and started being voting ballots once Lisk was announced.   If you are with Crypti and you want to stay with Crypti, do nothing.  If you are with Crypti and you want to go with Lisk, you convert your Crypti to Lisk.  The Crypti transfers are about voting, they are not about money.  Crypti donors have the same holdings value in Lisk as they did at Crypti - no more, no less.

Note the Crypti ICO raised exactly 750 BTC back in mid-2014, and the effective value being split among Crypti donors to Lisk is 789 BTC above.  The effective value of Crypti in Lisk is thus currently only 5% higher than the launch funding for Crypti almost two years ago.  So the Crypti folks certainly aren't seeing some huge boost in their fortunes as a result of moving over to Lisk!

So I'm trying to make a purchase of Lisk with Crypti and it says my account (which is funded) has no XCR, and your Crypti explorer shows my account with balance and transactions one moment and without any the next moment. What is going on? Why doesn't the site just give me a Crypti address to send to instead of having to use whatever daemon you are using that is having issues?