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There is going to be an ICO for the release of a new coin, or should I say a decentralized platform for applications, similar to Ethereum called Lisk. Seeing it myself, it looks very promising and it will be a true competitor to ETH, but I would like to hear your opinion regarding this new kind of platform.

Whereas ETH uses solidity programming language, Lisk would use JavaScript which would be easier for developers to adapt to it since it is one of the most popular programming languages out there. What do you think?  :)

Quite honestly, I haven't got a clue because I can't get my head around the technology of either of them.
Its total gibberish to me. I know the tech is great but it doesn't  help folks like me knowing if I should
invest or not.
This is surely a problem developers need to start taking much more seriously.To me it just feels like devs are competing
with each other with each new coin and enriching themselves in the process. Isn't the tech there already to get coins out for mass adoption?
I do try and tell friends about alt coins but they can't even get their heads around the very basic stuff let alone programmer speak.

 Six years now and no alt coin is being used in the real world on a daily basis by regular people buying everyday goods. Thats a big
problem. Why can't this stuff be made easier to understand for the masses. Why isn't there a wallet with exchange technology built in as if it were made
for a 3 year old to understand, sell coins directly to the public and get them trading but without them having to go to exchanges, worrying about security,
delving in to blockchain tech etc.

I know a lot of people around here love all the tech side.I like tech, but I like tech I can use like Skype, Email, Photoshop, Music software, paypal. Everything I use
on a daily basis seems natural in design. Almost everything in Crypto seems like its made for techie types to use.

Not Fud, Just saying....I do now 50 ETH btw :)

The LISK ICO will probably not make as much as the ETH ICO did  ;)

Why do you believe that? It seems to have some very good backing and ideas behind it.

Why do you believe that? It seems to have some very good backing and ideas behind it.

There is going to be an ICO for the release of a new coin, or should I say a decentralized platform

When?

Lisk will crash and burn. 

All the perfect infredients for a pump and dump

1.  Rushed development of unoriginal idea to get on ETH bandwagon
2.  Fork of unknown scamcoin
3.  Developer who asks on ethereum reddit for help understanding javascript
4.  Promoted through spam

You could be right but after all your Eth shilling no one believes anything you say.

My ETH shilling will be vindicated once everyone who follows my advice to buy ETH becomes moderately wealthy. 

Lisk will crash and burn. 

All the perfect infredients for a pump and dump

1.  Rushed development of unoriginal idea to get on ETH bandwagon
2.  Fork of unknown scamcoin
3.  Developer who asks on ethereum reddit for help understanding javascript
4.  Promoted through spam

That could be right, but as I see that Lisk supports JavaScript, I am pretty sure that most developers would get used to it and thus make it easier to use the Lisk platform. JS is very popular so it might give a good start to Lisk. By the way, ICO has just started but I will wait a few days to invest a little into it.  ;D

Why do you believe that? It seems to have some very good backing and ideas behind it.

Yes that chart is really good, u can see exactly what both coins have.
I actually think they both look really promising, I really wonder where the price will go for these 2 coins.
Did buy a few ethereum and also invested in Lisk today and planning to do some more the coming weeks.

Give me your peanuts I am broke

lisk still looks to shady...huge btc in short time ico? all that work to set up the ico, how much (and where) is all the work done ON the actual tech and coin?  in theory it could work well i'd imagine but where's the substance?

does the math even work out for huge 100mil coin count vs. pricing?  you'll for sure see dumpers (from the ppl who bought with other coinage) right as soon as it goes up in price (assuming it does).

you have a "community" out of thin fucking air already?!  with sig adding on here and everything?  where the heck did all these "fans" *cough shills cough* come from all of a sudden for a coin that has had almost no exposure?

wat?

OK. I looked into this before and here is my opinion:

- Ethereum does everything internally, Lisk does not and uses a side-chain model where the side-chains are hooked to a public chain

What is the difference between "private-chains" hooked to a public chain (like those that will emerge up in the Ethersystem) and side-chains hooked to a public chain, as with Lisk?

Id argue they are more or less the same, maybe identical and this is all semantics.

Long story short . Developing apps on side-chains Lisk style may offer some short-term advantages, but big picture is that THE most valuable apps (dapps) will be those built on Ethereum, not side-chains dapps, not private-chain dapps

Also bear in mind Lisk's relationship to Crypti, an ambitious project which ultimately failed. Lisk is a second chance. I do not believe Ethereum will need any second chances.

I'd argue that it's a lot more than semantics. If everytyhing happens on the mainchain then every node can execute those contracts and not just some nodes that support that special Dapp (i.e. that sidechain). IMHO that is a yuge adavantage and also aids decentralization. Obviously there are downsides to this as well.

Of course I could be wrong about how ethereum works in regards to contract execution.

The semantics question asks what the difference between a private-chain and side-chain really is, assuming a private-chain has the same ability (if employed by its developer) to hook into the mainchain.

Agree that Ethereum 's model is the more deecntralized, global, visoonary, god-like.
Wrapping my head around the idea that EThereum is a computer (albeit a slow one) which can do anything is challenging/inspiring.
Bearing in mind all the firmware/hardware hacks happening these days ETH is the only "trustless computer" in the world today.

Whereas ETH uses solidity programming language, Lisk would use JavaScript which would be easier for developers to adapt to it since it is one of the most popular programming languages out there. What do you think?  :)

Solidity is a high-level language whose syntax is similar to that of JavaScript and it is designed to compile to code for the Ethereum Virtual Machine.

Actually Ethereum uses the EVM. Ethereum Virtual Machine.

Solidity is compiled into EVM code (assembly) and then run. Much like java is compiled into classes that run on a JVM.

Any language could theoretically be compiled to EVM code.

Someone just needs to write a JavaScript to EVM compiler, and you have the same thing as LISK.

Actually, Solidity is pretty similar to JavaScript anyway.


From the WIKI :


I don't know a lot about LISK so it may have other useful features. I'm sure it does..

So sad to see this Eth vs Lisk image rolling around, is a copy-paste of the Expanse vs Eth. It's full of inaccuracies, and it's purposely misleading.

Why do you believe that? It seems to have some very good backing and ideas behind it.

because usually a clone do worst than the first one  it's always like that

"They" didn't steal it, crypti is open source. The Lisk team contributed a lot to the crypti community. But last year they realised that that way the coin and the abilities of the underlying software is dying.

So they decided, to make a refresh.

I understand your point of view, they collect money for an already existing software. But they will provide a new community, new support and marketing for the coin and will reinvest the collected money into the development of the coin and its infrastucture.

Now that you state this, it makes me wonder whenever Crypti would still exist or will it be merged into Lisk once its ICO is finished? Perhaps, Lisk would replace Crypti, but if it doesn't it will be a fierce competition between 3 different dapp platforms: Ethereum, Crypti and Lisk. Which one will prevail?  ::)

Which one will prevail?  ::)

Like libre office (which is a clone of open office) and open office? Like odoo and tinyerp? Like wordpress and cafelog ;)

All 3 clones are much more prominent today than their origins.

Quote from: BigCat45 on Today at 04:54:46 AM
I can understand the hype all you guys are going through, as I said I will change all of my XCR into LISK, but at this stage just to make sure I am not the only one surprised here...

I do not know the latest stats, but in the morning community gave these two guys $1/2 MILLIONS where one was a promoter and the other one a freelancer in a project they both joined after it needed some $help. After reading all these "cheerleaders'" type of pages (here I must say I have nothing to do with psychology) I looked at Vitalik's face and Max's face ... and just dropped 15BTC into ETH. Although technology is there, there is no way to compare to ETH, don't forget the f..cked original devs.

I will not invest a single satoshi here. I am glad you all already calculating how much profit you made, but to me personally I would not marry a girl who had 3 previous husbands dead, you want to know why? self-preservation.

wow such well stated observation.

can't agree with you more.

let me put this into Chinese. This is just funny.

我不知道最近的进展，但这个所谓的社区已经扔了50万美刀给这两个家伙，其中一人是个做推广的，另一个是个自由职业者。两人加入的原因无非就是缺钱。阅览了btt上长篇累牍的拉拉队似得叫卖后，我不禁看了看vitalik 和 MAX的面相，毫不犹豫的又扔了150个币买以太。尽管（lisk）是有一丁点技术含量，但跟以太是天地之别。别忘了，这些开发者的来路。

俺不会投一分钱。逗逼的是，你们竟然已经在计算要获利多少。但对于我来说，绝不会去娶一个有三个前夫的娘们。知道为什么么？明哲保身 洁身自好。


My Chinese is proving a lot.

tks

Vitalik. Period. any questions?
gtfoh with that lisk bs

I looked at Vitalik's face and Max's face ... and just dropped 15BTC into ETH.

this is one of best stated scenario i have ever seen.

LISK is well refurbished crap coin. nothing more.

A PR guy + a web developer+ numbers of cheer leaders.

it will crash soon.

smart ppl will ask for  refund very soon.

Will Vitalik program all the application by himself? No, so you see the advantage of a coin, which comes with a well known programming language.

I find it ridiculous to compare ethereum with lisk since the quality of their teams is nowhere near each other.

Lisk is basically a two-man team. A university student and a web developer who decided to dump their previous team and fork their failed project. Comparing that shit to the allstar team working on ethereum is laughable.

People seem to never learn the number one rule for start-ups:

Good team + mediocre idea >>>> Mediocre team + good idea

It's all about execution, not promises. Now people are pouring money into promises. Get-rich-quick mentality is strong amongst liskers. "B-but javascript..."

It is not about the team, it is about the tech. Lisk will be offer more on release than Ethereum did and still do.

What it offers is a two-man team and a crypti fork. Nothing more, nothing less.

$6Million will buy quite the all star team i would say! FUDders crying that they didnt get in on ICO can just buy from exchanges. People will dump cheap in the first couple of months im sure

No one knows for sure if they really collected $6 mil. It could be just a made up figure to motivate people to invest.

Vitalik. Period. any questions?
gtfoh with that lisk bs

It is not about the team, it is about the tech. Lisk will be offer more on release than Ethereum did and still do.

You are mostly right. Tech is what's most important on a crypto currency (not to mention usability as well) but in this case, it looks to me nothing more than a Crypti fork. However, it could prove to be a very successful platform for dapps if there is promising development and new features.  ::)

You are mostly right. Tech is what's most important on a crypto currency (not to mention usability as well) but in this case, it looks to me nothing more than a Crypti fork. However, it could prove to be a very successful platform for dapps if there is promising development and new features.  ::)

Is it worth to invest in LISK? Can apps be shared between ETH and LISK?

they keep saying "javascript javascript javascript" but ETH has a javascript client... I agree with others, nothing new or original here at all.

eth is scam, buy lisk now. this is proven many times

Is Lisk PoW or PoS? If it is PoS from the start, I will not touch it. If there is PoW period for a year or two, I will mine it.

As far as I am concerned, Lisk will be only PoS so I think that Ethereum has a huge advantage to it since you could mine ETH whereas with Lisk, you need to own some coins in order to receive stakes. It would only prove itself to be a successful platform for dapps if there is enough adoption. As far as I could tell, dapp platforms like Ethereum are slowly being adopted. Just my opinion.  :)

whale
9:16 AM I’ve created a 1:1 LISK IOU asset on the NXT AE starting at 100 NXT/ LISK, the asset ID is 14738107721483067493LISK currently trades for 290 NXT/ LISK on yobit exchange. I am currently a member of NXTinspect (reputation), NEXT (trading) and WAVES (2.0 crypto platform).

From Supernet Slack


https://www.mynxt.info/asset/14738107721483067493 (https://www.mynxt.info/asset/14738107721483067493)

1/10th the price of yobit currently

I was thinking of doing the same thing on the Horizon network, backed by a small haunch and aiming to distribute Lisk to micro-investors, but I held off (for now) because the Yobit price is scary high. I actually presumed it would fall to ~$1-2 overnight!

LISK better than ETH :)

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 (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

https://i.imgur.com/YCSIJIJ.jpg

There's no question, ETH over LISK, I would even say RISE looks more promising than LISK.

I do think ETH will still be ahead of time considering the support given to it by the community and the projects made by the devs. They've been partnering up with lots of Devs and projects and so ETH may even dominate later. I do hope Lisk won't die though their platform is very much useful still.

eth is crap, it trying to squeeze every little craps into it main chain, it was not designed for long term. at the moment the main chain is addding about 1.6gb of data per month and soon will be 100gb per month, keep adding.

Both of the coin seem promising in the future, however i think eth is more popular than risk and more people are into eth than lisk and there is been a great rumour eth is going to rise high

Yeah ETH is really popular even when I ask co-bitcoin users they all say ETH is really looking great. But it is price is too high so if you are at minimal risk or just a starter LSK could provide some of that.

I see a world in which ETH and LISK both co exist but are used by different entities for different purposes.

https://i.imgur.com/myF615z.jpg

https://github.com/search?q=lisk+dapp&ref=opensearch
lisk blockchain apps keep popping up like crazy that the eth team are dreaming after 3 years

the power of javascript and mass adoption!

awesome summary!  ;D

awesome summary!  ;D

https://i.imgur.com/myF615z.jpg

https://github.com/search?q=lisk+dapp&ref=opensearch
lisk blockchain apps keep popping up like crazy that the eth team are dreaming after 3 years

the power of javascript and mass adoption!

etherum still the best this compare LISK coin
etherum the big comunity in use ethereum and toke ethereum
volume transaction etherem still above lisk

You have a  point though but  ETH/ETC are dying now  because of the  recent issues and attacks  this thing could  make  the  coins  more less popular and  investors of it would really switch to other alts. LISK is a good alternative  though hence i could say thats  its well established and  has  potential.

-snip-
We are staying on ETH. Lisk could be another option we would consider. However, in current state is not yet ready.
-snip-