This is exactly why I am HODLing my entire pile of Lisk since ICO.  All it takes is one mistake, one spike in the price, and you can't buy back the amount of Lisk you started with.  My hair is already gray.  I don't need more stress in my life.  

Patience.  A trip to the moon is coming.  Right now we have had a successful launch and we are safely in Earth orbit at X3 to X5 of ICO value doing a systems check on our spaceship.  

TLI (Trans-lunar injection) is coming for Lisk....

He's busy looking for a place to live in Berlin.  Wish him luck with that.....

http://www.zerohedge.com/news/2016-07-11/civil-unrest-explodes-berlin-over-3500-people-riot-against-police

We've gone from an ICO of around 18K satoshi to the current 52K satoshi so technically we just under X3.  BTC appreciation since ICO has been on our side so that pricewise, we are just under X5.

That said, I am looking for X20 and beyond.  It's just gonna take more than four months to get there.

IMHO, if you need a "preconfigured" Raspberry Pi 3 to become a delegate, / run a node, you probably shouldn't be one / do that.  

If you REALLY intend to use a small board computer (SBC) to run a node (and not a hosting service like Vultr or Digital Ocean, which is probably a better idea for several reasons ), then a MUCH better choice is an ODROID XU4 and not a Raspberry Pi 3.   The XU4 has 8 cores running at 2GHz / 1.4 Ghz;  the Pi3 has 4 cores running at 1.2 Ghz.  The XU4 has Gigabit Ethernet;  the Pi3 doesn't.  The XU4 has a faster eMMC memory chip option;  the Pi3 is stuck with slower microSD.  The XU4 has 2GB of RAM;  the Pi3 has half that.  

http://www.hardkernel.com/main/products/prdt_info.php?g_code=G143452239825

Once you get a XU4 (which uses the same software OS as its earlier XU3 version) you can load it with Ubuntu Server ubuntu-14.04lts-server-odroid-xu3-20150725.img.xz from http://odroid.in/ubuntu_14.04lts/ using the instructions at http://odroid.com/dokuwiki/doku.php?id=en:odroid_flashing_tools .  After that, just install Lisk following instructions from here:  https://lisk.io/documentation?i=lisk-docs/BinaryInstall

As an aside, The Pi 3 is most often compared (as a loser) to the new ODROID C2 rather than the XU4, However, the C2 uses the armv8 architecture and so cannot run the current ARM version of the Lisk code, which is the  armv7 used by Pi3 and XU4.  Once Lisk is compiled for armv8 then the C2 is probably the best SBC choice for running Lisk sidechains; for now it's the XU4.

There really are no direct comparisons between the Pi3 and the XU4.  You have to first realize the C2 "beats" the Pi3, and then realize the XU4 "beats" the C2.  The XU4 is a year "older" than the newer C2 design, but ODROID's XU series is some heavy-duty gear with incredible specs that were not beaten by the cheap-as-possible C2 Pi-killer.  Some googling on various Pi3 / C2 / XU4 review articles will show you what I mean.  

I still think there is a place for $9 C.H.I.P computers in the Lisk sidechain world, too....

Liskplay is claiming Lisk is a "partner".



Somehow Liskplay.com is an effort by the BTCDICE team.  Here's Google Translate:

Who Created The Lisk Play System (LPS)?

"LPS by the 2013 opening date of the old dice website BTCDICE Team founded (www.btcdice.com). BTCDICE team is a joint gaming, mining, technology, operations, marketing, venture capital, financial funds and other digital currency industry elite to create a focus on the field of digital currency aggressive investment operations elite team. Team starting from August 2011 began to get involved in Bitcoin mining, focused on technology and digital currencies block chain in the field of investment and research, graphics operator force in 2011. - The 2014 long-term in the world's top 20, 2013 11 Operators month btc force btcguild mine pools ranked eight, he has been successful in grilled cat stock, 796 shares, whitebait mining machine, Babbitt forum stock, lisk ico projects profit thousands of BTC. Btcdice team from BTCDICE dice net cumulative shareholder since 2013 and making operations profitable success 3500BTC, 44 Wan LTC, 22 Yi doge, 2 Wanyuan treasure coins."

They claim to have an example Lisk site running on (apparently) 0.3.X testnet code.  God help them with the endless rebuild / resync cycle.  Their example is at http://101.200.166.57:7000/ and is currently offline.

The Lisk Bitcoin Bank of 14,000 BTC * 450 USD / BTC at the end of Lisk ICO was initially worth $6.3M. That Bank is now worth 14,000 * 650 USD / BTC = $9.1M only 100 days later.  So the tangible Lisk Foundation assets have gone up by around $30K per day since the end of ICO.   Lisk has been lucky - it collected BTC that have drastically gone up in value during its first three months.

In contrast, the Ethereum ICO ended September 1, 2014 with around $18.5M in their Ethernet Bitcoin Bank, when BTC was around 380 USD / BTC.  Four months later Bitcoin had lost value and had crashed to under 220 USD /BTC.  Ethereum was unlucky, and lost almost half of their crowdfunding resources in this crash, as Vitalik has acknowledged, dropping to under $10M in assets.

Lisk now has at July 2016 about the same in-the-bank resources that Ethereum did have in December 2014, at the same three-month point in their respective development cycles.  

So...what did Ethereum dol in their first six months after their ICO?  Here's a post with their roadmap dated March 14, 2015:

https://blog.ethereum.org/2015/03/14/ethereum-the-first-year/

When you read this, keep the following rough synchronization calendar in mind:

LISK TIME    ETH TIME

APR 2016 = SEP 2014   = end of ICO
MAY 2016 = OCT 2014
JUN 2016 = NOV 2014
JUL 2016 = DEC 2014
AUG 2016 = JAN 2015
SEP 2016 = FEB 2015
OCT 2016 = MAR 2015

Comparisons are interesting - but Lisk will follow its own path to success.

1. There is a general widespread belief dapps ("distributed apps") are The Next Big Thing.  However, the only thing special about a "dapp" over a current "app" is use of a blockchain for information storage.   So the first requirement is to come up with a Great Idea that requires use of a blockchain.  Next, you have to come up with a programming language to write that dapp.  ETH uses Solidity.  This is an experimental new language that is very complex, has very few programmers that understand it, and writes buggy, unstable and even dangerous code that enabled the recent DAO hack.  Javascript has been around for decades, has tens of thousands of programmers that use it, and while buggy code in JS is still a possibility (OK, a certainty), at least the bugs are far less obscure than in Solidity.  Plus, JS is the "face of the internet" and so Lisk has a head-start in that sense to develop dapps that many people can use via familiar web-based interfaces.  ETH/Solidity has staked out the high-end financial/banking world with its high security requirements - and has shown by the recent DAO disaster they have a LONG way, years and years to go, before they get there.  Lisk/JS has staked out the lower-end consumer/individual world to develop useful tools for people.  THere's more opportunities and more programmers to develop them in the Lisk / JS world than there are in the ETH/Solidity world - and in the Lisk world, those opportunities are going to be realized faster and earlier.

2.  I think there's around 35M Lisk stored by owners over on Polo (30M cold wallet, 5M hot wallet, see: https://lisktools.io/accounts.php ) and at any given time 4M-5M of those Lisk are up for sale to individual buyers (see https://poloniex.com/exchange#btc_lsk ).  Note this means 60-65% of Lisk is being held as a long-term investment (by people like me) instead of being "dumped" for a quick ICO profit.  There looks like a lot of up and down motion in Lisk but if you construct a graph with the data it turns out Lisk price has been remarkably stable between 0.30-0.35 USD per Lisk and what is happening is that the Lisk price is tracking the ups and downs of Bitcoin price in a stable manner rather than flop all over the place or head down on a steady decline.  It is obvious (at least to me) some very heavy hitters believe in Lisk for the long-term and are working behind the scenes to support its price and buy more and more when Lisk is "cheap" relative to BTC.

Bitcoin Magazine:

"Lisk founders worked on the code for three weeks before going public. ..."

https://bitcoinmagazine.com/articles/the-securities-law-implications-of-the-dao-hack-and-proposed-ethereum-hard-fork-1467215402

I've read more closely the Forbes article about the new NXT Ardor system since I was really into NXT two years ago when it started.  Some highlights that need to be addressed / equaled / surpassed by Lisk:

"...Russia’s Central Securities Depository, the National Settlement Depository (NSD) and a member of the Moscow Exchange , announcing late this May that it had developed and successfully tested an e-proxy voting system running on a distributed ledger built with Nxt blockchain.  After a careful selection process, NSD chose Nxt with lab environment testing revealing that the DSX fork of Nxt was pushed to process up to 800 transactions per second."

"...the core problems of any blockchain, which is scalability and blockchain bloat. <NXT devs> claimed that the new architecture addresses and solves these issues...."

"...The <Ardor> platform offers a Decentralized Asset Exchange. Ardor will enable the trading and interaction of assets on any child chain for any of the child chain tokens. Other key features include Decentralized Voting and Governance Systems, and, Phased transactions, whereby users will be able to set multiple conditions before a transaction is executed. This encompasses things such as a minimum number of votes and a set amount of time...."

This Forbes article was written by Roger Aitken.  He needs to write a Lisk article.  In Forbes.

One advantage Lisk has that NXT doesn't:  14,000 BTC = $9M in the bank waiting to be spent on development.

Many people are getting insane performance on the coins they are backing.  I just don't get it.  Can somebody explain to me why NEM and now even NXT is going sky high these past few weeks / days?

EDITED TO ADD:

Nevermind.  NEM and NXT have announced they are getting on the Lisk sidechain game.

For NEM it's mijin, for NXT it's Ardor.

http://mijin.io/en/73.html

http://mijin.io/en/about-mijin

https://nxt.org/announcing-ardor/

NEM press releases:

http://mijin.io/en/633.html

NXT coverage in Forbes and CoinTelegraph:

http://www.forbes.com/sites/rogeraitken/2016/06/21/nxt-crypto-blockchain-team-prepares-ardor-scalable-child-chain-platform/#5fcba4a1349b

http://cointelegraph.com/news/ardor-new-competitor-to-ethereum-arises-amidst-reports-of-the-dao-attack

Hey, look, NXT even has a roadmap on how they will get to sidechains.

http://nxt.org/roadmap/

I sure do hope Lisk can get a roadmap and coverage in Forbes soon.  Maybe even functional sidechain dapps.

Actually, Lisk is doing a pretty good job tracking an inverse BTC line to hold a constant price of 0.32-0.40 USD.  Staying inside a 20% value band your first 30 days when you've still got 14,000 BTC = $9,000,000  locked up in escrow ain't dyin'.  As John Paul Jones of the US Navy said, Lisk has not yet begun to fight.

Look at the 24 hour volume on this page.  Lisk is Yuanbao's highest trading volume coin in the past 24 hours, at 736K yuan or around $110,000.  Not a bad start.

http://yuanbao.com/coins

I'm trying to register on Yuanbao using the translate function on Chrome.  It's easy enough to register a user account.  To transfer Lisk in and out, you have to also fill in the form below.  It is pretty obviously aimed at Chinese users.  The name slot would not accept enough characters to enter my full name so I entered only my true last name.  I gave them my true US passport number, which it accepted.  It will only accept a Chinese 11 digit cellphone number.  I'd be happy to give them my true cell phone number if they would change their form formatting to accept it; to keep the ball rolling, I finally entered a prepaid card number I got from here:  http://www.86callchina.com/china-mobile-number-location-trace.htm .  So now it looks like they are considering my application to transfer funds / Lisk.  I'll let you know if I hear anything.

Lisk officially trading in Chinese yuan at Jubi, $40K in transactions over last 24 hours. Yuanbao tomorrow:

http://www.jubi.com/coin/lsk/

ICO ended only 90 days ago.  Remarkable progress for three months.  Where was ETH three months after its ICO ended?

 Here's the Lisk splash page at yuanbao - trading starts today.

Use Chrome and the translate option at :

http://www.yuanbao.com/index

and

http://money.china.com/fin/kj/201606/21/0784592.html?from=groupmessage&isappinstalled=0

The short answer to your question is no, not yet.  The longer answer is that the Lisk ICO ended only 89 days ago, so we are very, very early in the dapp development game.

Why Lisk / Javascript / Sidechains will win over Ethereum in the end:

http://hackingdistributed.com/2016/06/17/thoughts-on-the-dao-hack/


"Is Ethereum/Solidity Suitable for Secure Smart Contracts?

(tl;dr: No.)

It's clear that writing a robust, secure smart contract requires extreme amounts of diligence. It's more similar to writing code for a nuclear power reactor, than to writing loose web code.

Yet the current Solidity language and underlying EVM seems designed more for the latter. Some misfeatures are:

A good language for writing state machines would ensure that there are no states from which it is impossible to recover.
A good language for writing state machines would make it painfully clear when state transitions can and cannot happen.
A good language for maintaining state machines would provide features for upgrading the security of a live contract.
A good language for writing secure code would make it clear that there are no implicit actions, that code executes plainly, as read.

The current language does not fulfill any of these commandments, and in fact, the last one, involving implicit recursive calls, is what did The Dao in.


The SlockIt team even had the designer and implementor of Solidity perform a review of their code. If he cannot get something like The DAO to be secure, no one can."