Differences Nem, lisk, ark and ethereum

[Ylle]

Hi all, I'm new to cryptocurrencies. I've been looking into different currencies and I see that many offer a certain platform.

Afaik is ethereum the first to successfully launch a platform by smart contracts. Nem tries to improve on the scalability problems eth is facing and advocates to have better security. I cannot really discover what lisk does different, but I understand that they make an effort to support individual/simple projects to sell to the masses. Ark is sort of a fork from Lisk and will support bridging between different block chains.

There are probably many more, but these are some of the bigger projects going on. Can somebody with more knowledge explain shortly what the main differences are between the ones listed?

[Nick Szabo]

For the Ethereum vs. Lisk comparision:

I believe that on Lisk, applications are coded using JavaScript which is already a very popular programming language whereas Ethereum uses its own language called Solidity which is specifically designed for building smart contracts. And applications on Lisk operate outside of the main chain (more scalable) whereas with Ethereum, they all run on the single main chain.

Ethereum seems to be where all of the action is at. Lots of projects are happening on Ethereum right now and they have many talented people working on it and improving it.

That being said, I'm currently more invested in Lisk because I see it as having more upside potential. Ethereum went from a $20 million crowdsale to a $5 billion market cap in just a few months. But in the long term, it could be worth much more if the technology is found to be useful.

Both coins are nice.

[Asone]

For the Ethereum vs. Lisk comparision:

I believe that on Lisk, applications are coded using JavaScript which is already a very popular programming language whereas Ethereum uses its own language called Solidity which is specifically designed for building smart contracts. And applications on Lisk operate outside of the main chain (more scalable) whereas with Ethereum, they all run on the single main chain.

Ethereum seems to be where all of the action is at. Lots of projects are happening on Ethereum right now and they have many talented people working on it and improving it.

That being said, I'm currently more invested in Lisk because I see it as having more upside potential. Ethereum went from a $20 million crowdsale to a $5 billion market cap in just a few months. But in the long term, it could be worth much more if the technology is found to be useful.

Both coins are nice.

Good answer about Lisk IMO. However, Javascript is subject to many critics and i'm wondering what could be the impact on Lisk dev. Just to give a few examples :
- I know that async. concept through nodejs can be quite disturbing for many developers that are used to sync. programming. Which leadssometimes ( many times ? ) to callback hell/callback hellpit.
- Javascript has been criticized many times about the fact it is a weak typing programming language, wich solidity is not. I wonder in what manner it could impact development for dApps.

Any technical review/doc about those topics welcomed if you have around you

[kolap]

Hi all, I'm new to cryptocurrencies. I've been looking into different currencies and I see that many offer a certain platform.

Afaik is ethereum the first to successfully launch a platform by smart contracts. Nem tries to improve on the scalability problems eth is facing and advocates to have better security. I cannot really discover what lisk does different, but I understand that they make an effort to support individual/simple projects to sell to the masses. Ark is sort of a fork from Lisk and will support bridging between different block chains.

There are probably many more, but these are some of the bigger projects going on. Can somebody with more knowledge explain shortly what the main differences are between the ones listed?

This graph would make easier to understand.  Someone made this graph but I edited to reflected the current development for Ark. Ark project is huge and already taking shape. I'm bias because I'm Ark investor 

[Ylle]

Thanks for your replies, I have a better understanding of the lisk-ethereum differences. But what are the key differences between Ark and Lisk? From the graph it seems it delivers some extra functions like storage and private transactions, but are there more important differences or is Ark a close copy of Lisk? What does the bridging of Ark deliver that the other platforms cannot?

And how does NEM compare to ark-lisk-ethereum?

[BTCwriter]

Thanks for your replies, I have a better understanding of the lisk-ethereum differences. But what are the key differences between Ark and Lisk? From the graph it seems it delivers some extra functions like storage and private transactions, but are there more important differences or is Ark a close copy of Lisk? What does the bridging of Ark deliver that the other platforms cannot?

And how does NEM compare to ark-lisk-ethereum?

Come join Ark Slack and ask anything --- https://ark.io/slack

[mining1]

Some info is actually false. For example Ethereum can use IPFS for storage aswell. And it will have it's own designed SWARM too.
About the others, lite client will come in 2 months, block time will be 3-4sec with POS.

And wtf is "smart contracts via delegation" for ARK ? Does that mean you have to trust a third party ? If so, then it sucks. It's like rootstock's smart contracts future platform where you have to trust some random people you don't know. No one will use these kind of smart contracts that require a trusted setup. Either make them work naturally like ethereum does, or not at all.

Also, lisk is using javascript. Currently, it is popular, but not for med to long term. WebAssembly will replace javascript. Even Brendan Eich ( inventor of javascript ) and top corporations either support or actively work on developing WebAssembly, which will be superior to javascript. Not good for lisk longterm.

[Ylle]

Some info is actually false. For example Ethereum can use IPFS for storage aswell. And it will have it's own designed SWARM too.
About the others, lite client will come in 2 months, block time will be 3-4sec with POS.

And wtf is "smart contracts via delegation" for ARK ? Does that mean you have to trust a third party ? If so, then it sucks. It's like rootstock's smart contracts future platform where you have to trust some random people you don't know. No one will use these kind of smart contracts that require a trusted setup. Either make them work naturally like ethereum does, or not at all.

Also, lisk is using javascript. Currently, it is popular, but not for med to long term. WebAssembly will replace javascript. Even Brendan Eich ( inventor of javascript ) and top corporations either support or actively work on developing WebAssembly, which will be superior to javascript. Not good for lisk longterm.

How would you say is WebAssembly relevant for Ethereum? Is Solidity future proof? And can Lisk, or any other platform for that matter, update their programming language?

[mining1]

Ethereum virtual machine will be upgraded with WASM. Yes, solidity is future proof because it was build specifically for smart contracts.

Yes, lisk can upgrade their programming language. But lisk team is inferior to ETF.

[European Central Bank]

what you looking for? something long term or a quick buck?

[magneto]

Hi all, I'm new to cryptocurrencies. I've been looking into different currencies and I see that many offer a certain platform.

Afaik is ethereum the first to successfully launch a platform by smart contracts. Nem tries to improve on the scalability problems eth is facing and advocates to have better security. I cannot really discover what lisk does different, but I understand that they make an effort to support individual/simple projects to sell to the masses. Ark is sort of a fork from Lisk and will support bridging between different block chains.

There are probably many more, but these are some of the bigger projects going on. Can somebody with more knowledge explain shortly what the main differences are between the ones listed?

Ethereum is the biggest altcoin right now and probably the altcoin with the most trust behind the dev team.

Lisk is basically the same is Ethereum, they are designed for pretty much nearly the exact same purposes, except that the language the smart contracts are written in is in Javascript, compared to Ethereum's language.

I'm not familiar with NEM and Ark so can't comment on that.

[Ylle]

what you looking for? something long term or a quick buck?

Neither at the moment. I'm new to this world and I'm just trying to get the hang of all the different projects. Atm I'm just playing around with a small amount of money to see how everything is working. I want to know what i'm dealing with before putting money at stake.

[European Central Bank]

Neither at the moment. I'm new to this world and I'm just trying to get the hang of all the different projects. Atm I'm just playing around with a small amount of money to see how everything is working. I want to know what i'm dealing with before putting money at stake.

you'll find it exceptionally hard to get straight opinions here. everyone has their pet projects that they're trying to pump and they'll tell anyone anything to get them on board.

[benthach]

if you looking for a solid coin with solid team and superior tech then ARK is for you.
if you want weak sauce coding with flip flop tech which changing mind in every week trying to be real then other crap coins is your choose.

yes i agree every one is bias toward their own coin and investment included myself, so do your own dd

[CoinHoarder]

I don't get all the hate about Javascript.

It is immensely more popular than any other smart co tract programming language.
https://adtmag.com/articles/2017/03/22/stack-overflow-survey.aspx?m=1

Callback hell is a result of poor implementation and can be avoided. It is not a direct result of the language itself.
http://callbackhell.com