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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3073027 times)
poornamelessme
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March 11, 2016, 04:13:04 PM
 #2681

Where is the Lisk price speculation thread?

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.
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wosch76
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March 11, 2016, 04:14:19 PM
 #2682

What language is used to code Lisk smart contracts?

"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalk.org/index.php?topic=1346646.msg13895722#msg13895722

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

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BigCat45
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March 11, 2016, 04:25:31 PM
 #2683

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.

Any thoughts on this?
MalReynolds
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March 11, 2016, 04:39:00 PM
 #2684

What language is used to code Lisk smart contracts?
"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalk.org/index.php?topic=1346646.msg13895722#msg13895722

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.
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March 11, 2016, 04:41:25 PM
 #2685

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.

Any thoughts on this?

How could you tie Crypti sales at BTER to Lisk ownership?
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March 11, 2016, 04:45:44 PM
 #2686

better watch this space
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March 11, 2016, 04:47:32 PM
 #2687

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.

Any thoughts on this?

How could you tie Crypti sales at BTER to Lisk ownership?
Very simple. I want BTER to release my XCR, looks like they are not in the mood to do this for next couple of weeks. If I drop those into 1300  (minus 5% current BTC incentive of cause) wall set up by the devs, they get ICO price XCR, I get my investment into LISK. Otherwise, they'll just stuck there.
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March 11, 2016, 04:50:30 PM
 #2688

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.
Any thoughts on this?
How could you tie Crypti sales at BTER to Lisk ownership?
Very simple. I want BTER to release my XCR, looks like they are not in the mood to do this for next couple of weeks. If I drop those into 1300  (minus 5% current BTC incentive of cause) wall set up by the devs, they get ICO price XCR, I get my investment into LISK. Otherwise, they'll just stuck there.
Where do the Lisk devs get the BTC to set up a buy wall?   How do they know know who sold the Crypti at the buy wall?  How do they issue Lisk to this person?   How do they know you will take the BTC and buy Lisk with it?
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March 11, 2016, 04:52:42 PM
 #2689

What about "Cooperative, efficient blockchain generation"? Is there some more explanation?
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March 11, 2016, 04:53:41 PM
 #2690

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.
Any thoughts on this?
How could you tie Crypti sales at BTER to Lisk ownership?
Very simple. I want BTER to release my XCR, looks like they are not in the mood to do this for next couple of weeks. If I drop those into 1300  (minus 5% current BTC incentive of cause) wall set up by the devs, they get ICO price XCR, I get my investment into LISK. Otherwise, they'll just stuck there.
How do the Lisk devs know who sold the Crypti at the buy wall?  How do they issue Lisk to this person?
No way to check this, but those who want to get into ICO would get opportunity to do so. In the end, those BTC would go back to them anyway ...

EDIT. besides, we can sent PM with the exact amount we want to sell say 10 minutes before doing so.
LiskHQ (OP)
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March 11, 2016, 04:57:24 PM
 #2691

What language is used to code Lisk smart contracts?

In JavaScript, however you can't really talk about smart contracts in our case. Our dapps are not structured in op_codes, more like a regular app built on top of a blockchain.

Lisk.io - Blockchain Application Platform
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March 11, 2016, 05:03:19 PM
Last edit: March 11, 2016, 05:13:21 PM by MalReynolds
 #2692

What about "Cooperative, efficient blockchain generation"? Is there some more explanation?

Lisk holders will vote 101 people into the position of Active Delegates who will run Lisk nodes that add blocks to the Lisk blockchain every 10 seconds.  This system is called Distributed Proof of Stake (DPoS).  Any particular individual will add one block every 17 minutes and will receive 5 Lisk  every 17 minutes during year one for performing this task.   This system goes in a round-robin clockwork fashion with everybody knowing their turn will come only once per 17 minute cycle and will not be contested by the others.   Such cooperation means only one hash needs to be generated per block time.  

Contrast this with the competitive system used by Bitcoin and Ethereum, which has tens of thousands of miners simultaneously generating literally trillions of hashes that are ALL mathematically valid to add the next block to their blockchain.  These valid hashes are discarded until one randomly comes up with an agreed-upon number of leading zeros in it, which act as a "winning lottery ticket" to pick which miner makes the block and gets the reward.

Both Ethereum and Bitcoin engage in PROPAGANDA that all these trillions of hashes are "necessary to secure the blockchain".  That's bullshit.  Any single hash generated by any single miner could do that.  Instead, their trillions of hashes are a way to pick a winner in a get-rich-quick scheme and nothing more.

This difference is the main reason Lisk will be around long after Bitcoin and Ethereum have drowned in their own ever-growing hash pool.
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March 11, 2016, 05:18:51 PM
 #2693



We just released the first version of the Lisk Delegate Handbook which explains many facts about our Delegated Proof of Stake consensus algorithm, delegates, votes and forging. If you still have questions later on, please contact me and I will add the questions&answers to the handbook.

From time to time we will release other handbooks, which explain different parts of our system in layman terms. If you want to see something specific, feel free to contact me on the Lisk Chat.



To the Delegate Handbook

Lisk.io - Blockchain Application Platform
poornamelessme
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March 11, 2016, 05:21:45 PM
 #2694


No way to check this, but those who want to get into ICO would get opportunity to do so. In the end, those BTC would go back to them anyway ...

EDIT. besides, we can sent PM with the exact amount we want to sell say 10 minutes before doing so.

That idea could work, IF Bter agreed to play ball. Such as if they agreed to some sort of 'token' than could be converted to Lisk, and so on. But it's most likely too late in the ICO game to arrange this really, and without a guarantee that the XCR seller was actually buying Lisk with the BTC received, not sure how that would work.

Keep in mind the Lisk devs don't have access to the BTC funds right now, so it'd have to come out of their own pocket to buy up the XCR on Bter. I'm sure there would be honest people wanting to get out, but I'd also expect some dishonest people too.

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March 11, 2016, 05:47:02 PM
 #2695

What is the price of Lisk?
MalReynolds
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March 11, 2016, 05:49:34 PM
 #2696

What is the price of Lisk?

See the satoshi spreadsheet in post #2744 on page 138.

I'm  too lazy to post all that on every page...
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March 11, 2016, 06:01:26 PM
 #2697



We just released the first version of the Lisk Delegate Handbook which explains many facts about our Delegated Proof of Stake consensus algorithm, delegates, votes and forging. If you still have questions later on, please contact me and I will add the questions&answers to the handbook.

From time to time we will release other handbooks, which explain different parts of our system in layman terms. If you want to see something specific, feel free to contact me on the Lisk Chat.



To the Delegate Handbook

Professional documents as always.Thanks!
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March 11, 2016, 06:09:53 PM
 #2698

What is the price of Lisk?

right now 5131 satoshi or 0.02164 usd
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March 11, 2016, 06:47:43 PM
 #2699

Perfect organisation ! The delegate handbook is easy to learn.

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March 11, 2016, 06:53:05 PM
 #2700

As far as I know BTER's BTC deposit/withdrawal works. It would be so nice if DEVs placed buy order at 1300 so people could take those BTC back into ICO exchange. Let them stuck on BTER, looks like they'll be useless soon anyway.

Any thoughts on this?

How could you tie Crypti sales at BTER to Lisk ownership?
Very simple. I want BTER to release my XCR, looks like they are not in the mood to do this for next couple of weeks. If I drop those into 1300  (minus 5% current BTC incentive of cause) wall set up by the devs, they get ICO price XCR, I get my investment into LISK. Otherwise, they'll just stuck there.

I doubt if BTER has any XCR left in their wallets...
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