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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3063378 times)
kingcrimson
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May 26, 2016, 01:11:21 AM
 #21941

Is it theoretically possible for LISK to reach 1 dollar in the next weeks?

Yes, that is why I have not sold a single one. Let the weak hands dump first then the rest of us are not selling cheap.
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May 26, 2016, 01:16:26 AM
 #21942

LISK price strength increasing.

 Grin We all knew that was going to happen.
Just needed to get rid of weak hands.

There are probably weak hands who still have no idea how to get their Lisk.

LSK will be equal to ETH 0.027 BTC soon. Get your LISK.

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Blazin8888
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May 26, 2016, 01:17:27 AM
 #21943

.50 cents USD incoming?
realm
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May 26, 2016, 01:18:20 AM
 #21944

Guys please don't hype too much. We all saw what happened last time.
Just let it grow steadily by itself
Blazin8888
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May 26, 2016, 01:21:53 AM
 #21945

price is looking good i think ill keep buying at this level
newbtcminer
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May 26, 2016, 01:28:24 AM
 #21946

Wow Lisk really taking Polo trading by storm right now - 7 mil in 24 hour volume. What was the ICO price if you don't mind me asking?
The ICO price was about $0.08 USD.  Smiley
kingcrimson
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May 26, 2016, 01:31:37 AM
 #21947

LISK price strength increasing.

Yep market depth shifting. People are starting to catch on that there is zero reason to sell this cheaply.
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May 26, 2016, 01:35:16 AM
 #21948

Lisk devs the wallet is still giving transactions errrors after 24 hour. What to do?!
LegendaryMiner
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May 26, 2016, 01:36:54 AM
 #21949

Lisk devs the wallet is still giving transactions errrors after 24 hour. What to do?!

Use the Grumlin wallet

I set up lisk faucet and lisk wallet with SSL connection!

Faucet works fine! Enjoy!

You can see my topic here

my delegate name is grumlin address is 16979707772780220012L

Vote for me in mainnet! Thanks!

p.s. I write script for delegates help, can use it

ADD 100 LISK on FAUCET ELSE! ENJOY!

Blazin8888
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May 26, 2016, 01:38:48 AM
 #21950

Could we live in a world where ETH and LISK co exist with each other and have mass adoption?
cannabanana
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May 26, 2016, 01:39:14 AM
 #21951

You know you love me!   Send me a vote with your future lambo money!  I'll help to get it there!

cannabananadelegate #121

Thanks if you do!
Wall-Street
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May 26, 2016, 01:41:40 AM
 #21952

You know you love me!   Send me a vote with your future lambo money!  I'll help to get it there!

cannabananadelegate #121

Thanks if you do!

Hey Dude... you need a good "Vote for cannabanana delegate" poster !  Wink

You already got my vote for sure!
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May 26, 2016, 01:43:09 AM
 #21953

Somebody can explain me, why 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 ).  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








How will inflation affect the price longterm ?
X1235
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May 26, 2016, 01:47:16 AM
 #21954

Fuck Trump! cannabanana president!
moppang
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May 26, 2016, 01:47:29 AM
 #21955

The price is 67k on poloniex now
What do you think guys, the lisk will increase to 100k the next week?
etoque
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May 26, 2016, 01:48:46 AM
 #21956

The price is 67k on poloniex now
What do you think guys, the lisk will increase to 1000k the next week?


Yes possibly
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May 26, 2016, 01:54:28 AM
 #21957

The price is 67k on poloniex now
What do you think guys, the lisk will increase to 1000k the next week?


Yes possibly


1000k wow,, are you serious? Yea nothing impossible in altcoin to the high price, only need pumps and pumps
But for the next weeks it is too hard to 1000k.
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May 26, 2016, 01:56:08 AM
 #21958

Somebody can explain me, why 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 ).  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








How will inflation affect the price longterm ?


The most obvious answer would be positively.
But I think that there is no precise information on how much,  I would be happy if someone could bring a more complete information about it.

Comparisons with inflation rates and prices of other currencies would be helpful.

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May 26, 2016, 01:57:10 AM
 #21959

Is it possible to make a Darknet on LISK and any advantages?
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May 26, 2016, 01:57:16 AM
 #21960

The price is 67k on poloniex now
What do you think guys, the lisk will increase to 1000k the next week?


Yes possibly


1000k wow,, are you serious? Yea nothing impossible in altcoin to the high price, only need pumps and pumps
But for the next weeks it is too hard to 1000k.

1000k, he's referring to sats so that's very small still and not close enough to current ETH price so it is possible.

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