[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers

[deadpoolx]

I have seen a lot of comparison of Ethereum and Lisk as competitors but instead see them forming different parts of a larger integrated network.

• Ethereum, with its massive parallel redundancy and decentralized consensus, would function as the brain.
• Lisk, with its speed and scalability, functions as the central nervous system. The main Lisk chain is the spinal cord and dapps branch off recursively as chains with other dapps as subchains, acting like nerve bundles and ganglia in an internet of chains integrated with high level IoT devices.
• Iota is like the peripheral nerves, extending the reach of the network into the smallest of IoT devices with its ability to run on very small units with limited CPU and memory resources.

It would make sense for all three projects to partner and coordinate integration among them.

I like the analogy.  United we stand, divided we fall.  Teamwork works ya'll.

see my opinion is different. i have attempted to actually USE eth for months, unable to like everyone else.
its a scam made by a super smart guy (vitalik was a mathmatician)
eth is full of holes, solidarity is broken as shit
my opinion is LISK should rally against eth, to show how eth abandoned the community
and how DAPPS can be done without total greed and hype
LISK WILL EAT ETH
plain and simple
eth is a joke, and now lisk will take the market cap
those who wanna make cash like we did with eth come on over

I agree, Ethereum is just too complicated:

https://www.youtube.com/watch?v=_90Y8mw_HVY

Lisk is the answer to take dApps mainstream .

I also think Ethereum has too many flaws, even to a relatively new platform. When make our personal hype it's possible point the flaws in the other system to encourage others to migrate to the Lisk platform, but of course without encouraging attacks between both staffs.

[Kasper_SKY]

ETH is not too complicated... I want to point out the major two differences that interested me in LISK.. Coding is done in Javascript rather than the proprietary Solidarity, this is a big one for me... the other is that LISK took a model that is complex and broke it down into something I could understand in minutes. I discovered ETH during the frontier phase. Their website and documentation, even the clients eth and eth, were certainly less than forgiving. I spent soooo much time reading the documentation, reverting to blogs, back to wikis.. half of it was outdated.. other parts were just completely wrong.

LISK has some significant advantages to Ethereum. I'm not saying LISK is better. I'm noting they are more user-friendly. Both coins inarguably hold potential. The devs at ETH are wtf smart. But as I've said before... I don't think it's a useful exercise to compare ETH and LISK directly. Apples are good. So are Oranges. I'm not sure one is better than the other.

And for gods sake, stop telling me Oranges are a scam. If you don't like Oranges, then don't f$&#*&! have any. I like oranges, I participated in the ICO. Go start a thread about how much you hate oranges and stop trolling here. You all know who you are. (Oh and if I can fit in a plug here: our faucet pays out up to 500k satoshi... just saying... check it out!)

[deadpoolx]

I have seen a lot of comparison of Ethereum and Lisk as competitors but instead see them forming different parts of a larger integrated network.

• Ethereum, with its massive parallel redundancy and decentralized consensus, would function as the brain.
• Lisk, with its speed and scalability, functions as the central nervous system. The main Lisk chain is the spinal cord and dapps branch off recursively as chains with other dapps as subchains, acting like nerve bundles and ganglia in an internet of chains integrated with high level IoT devices.
• Iota is like the peripheral nerves, extending the reach of the network into the smallest of IoT devices with its ability to run on very small units with limited CPU and memory resources.

It would make sense for all three projects to partner and coordinate integration among them.

I like the analogy.  United we stand, divided we fall.  Teamwork works ya'll.

see my opinion is different. i have attempted to actually USE eth for months, unable to like everyone else.
its a scam made by a super smart guy (vitalik was a mathmatician)
eth is full of holes, solidarity is broken as shit
my opinion is LISK should rally against eth, to show how eth abandoned the community
and how DAPPS can be done without total greed and hype
LISK WILL EAT ETH
plain and simple
eth is a joke, and now lisk will take the market cap
those who wanna make cash like we did with eth come on over

I agree, Ethereum is just too complicated:

https://www.youtube.com/watch?v=_90Y8mw_HVY

Lisk is the answer to take dApps mainstream .

I also think Ethereum has too many flaws, even to a relatively new platform. When make our personal hype it's possible point the flaws in the other system to encourage others to migrate to the Lisk platform, but of course without encouraging attacks between both staffs.

And when I say it's not necessary to encourage attacks, it's why I believe in the analogy above, the three systems can coexist.

The smartest staff, of course, will listen about the flaws pointed to avoid future problems.

[devlin]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

validated and everything is OK.

[bitseedmike]

Both Etherium and Lisk will need more refinement to move beyond beta to regular mainstream use

Etherium is adding sharding to improve scaling in Etherium 2.0 and 3.0 so only a randomly selected 1% of the nodes are involved in executing a particular contract, and a betting system to achieve consensus to resolve any conflicts in transactions among the trees used for the sharding. This is still a ways off from being implemented. Sharding computation like storage will be a major breakthrough in distributed partially redundant computing.

Lisk is more advanced in some ways with scaling already solved with dapps as side chains and a working GUI, but needs much improvement in documentation and integrated code checking to prevent loops and indeterminant code from locking up dapps and their host computers. It also has quite a ways to go in matching the developer adoption of Etherium with meetups and dedicated conferences around the world.

Maybe Etherium ASICs to implement Solidity at the hardware level to optimize it. With enough computational power it might eventually become feasible to implement AI. Lisk could do AI in dapps pretty quickly using specialized hardware for parallel processing like Nvidia Jetson, http://www.nvidia.com/object/jetson-tx1-module.html .

[chases]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

validated and everything is OK.

Validation went very smooth..everythings great..now just going to hold for about a year or so then it's PARTY TIME!! 😁🚬

[djselery]

ETH is not too complicated... I want to point out the major two differences that interested me in LISK.. Coding is done in Javascript rather than the proprietary Solidarity, this is a big one for me... the other is that LISK took a model that is complex and broke it down into something I could understand in minutes. I discovered ETH during the frontier phase. Their website and documentation, even the clients eth and eth, were certainly less than forgiving. I spent soooo much time reading the documentation, reverting to blogs, back to wikis.. half of it was outdated.. other parts were just completely wrong.

LISK has some significant advantages to Ethereum. I'm not saying LISK is better. I'm noting they are more user-friendly. Both coins inarguably hold potential. The devs at ETH are wtf smart. But as I've said before... I don't think it's a useful exercise to compare ETH and LISK directly. Apples are good. So are Oranges. I'm not sure one is better than the other.

And for gods sake, stop telling me Oranges are a scam. If you don't like Oranges, then don't f$&#*&! have any. I like oranges, I participated in the ICO. Go start a thread about how much you hate oranges and stop trolling here. You all know who you are. (Oh and if I can fit in a plug here: our faucet pays out up to 500k satoshi... just saying... check it out!)

dude wtf, oranges are a SCAM! You need to get tangerines in your life bro.

Tangerines to the MOON!

[Grumlin]

So... 150k SAT at opening?

yes, it's true

https://twitter.com/FastCryptoTrade/status/711807227015913472

[bluedude]

So... 150k SAT at opening?

Where did you get that idea from?

[bluedude]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

Validated and ready for show time

[mistercashking]

So... 150k SAT at opening?

Where did you get that idea from?

If the community says it's worth 150k sat its worth 150k sat bro.

[NorrisK]

Also managed to validate my keys. No problems at all on that front and very clean and smooth way to do it.

Looking forward to the launch. Not a developer myself unfortunately, but definately interested to see how this rolls out. Looks like lisk is getting a lot of traction from a lot of devs already. This is going to to be an interesting ride!

[djselery]

I've had a couple personal messages about delegates and general questions of lisk lately in my inbox, i would like to ask everyone to post those questions here in public for the world to see. that way everyone can be involved and see the response or respond themselves.

[EBK1000]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

I have validated all my keys but why the 1 validations? Do I need to validate the keys more than once, I entered my passphrase twice and I get 2 validations? Whats the point?

[MGM]

Hypothetically.. if I own 2 million lisk. And I create 33 separate accounts with nodes off 1 computer. Then vote for my nodes.. then I am going to secure all of them with the weight of my vote. I'm not a pessimist but I doubt even 60% of people in the ICO will vote.

If I am right and this can happen.. it almost definitely will happen because of greed. But it doesn't help secure the network. Please revise your plans on delegates and come up with a better formula. I said it before about having a calculation involved when it comes to voting.

That only assumes that the 2% of coins you're talking about is the biggest stack.  If there are 10 people with stacks in the 2-5 million and they all do the same thing, it really negates all of them.   Plus there are thousands of people with 10,000 or less coins which added all up are more weight than just one person with 2% of the coins.

and if your answer is lazy people wont vote!  My answer is how the fuck do you know?  It's all guesses based off of narrow circumstances that need specific types of things to happen in order to be successful.

Some people won't vote cos some investors honestly won't give a shit. They will have bought their lisk in ICO and will jus sit on it for years without a care about the network at all.

Secondly. Ok so I said 2 million as an example. Let's say someone with 5 million does it. 33 nodes with a weight of 5 million each. Its gona take a hell of a lot of votes from people with 10k stacks to overtake them.

I'm only bringing this up cos I want it fair for everyone. Not just the rich getting richer without caring about development of dapps!

Did you pick those 2 million & 5 million Lisk figures randomly?

Because that's exactly how much Lisk is going to those investors who invested 300 BTC & 1000 BTC at the ICO.

How much will they be making everyday with 33 nodes each?

I'm curious to know how much the whales who invested 300 BTC & 1000 BTC at the ICO can earn as delegates with multiple nodes.

[Darkoth89]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

I have validated all my keys but why the 1 validations? Do I need to validate the keys more than once, I entered my passphrase twice and I get 2 validations? Whats the point?

Sweet - Validated all of mine, I wondered the same thing as well, but only entered it once.

[BoldNinja]

Hypothetically.. if I own 2 million lisk. And I create 33 separate accounts with nodes off 1 computer. Then vote for my nodes.. then I am going to secure all of them with the weight of my vote. I'm not a pessimist but I doubt even 60% of people in the ICO will vote.

If I am right and this can happen.. it almost definitely will happen because of greed. But it doesn't help secure the network. Please revise your plans on delegates and come up with a better formula. I said it before about having a calculation involved when it comes to voting.

That only assumes that the 2% of coins you're talking about is the biggest stack.  If there are 10 people with stacks in the 2-5 million and they all do the same thing, it really negates all of them.   Plus there are thousands of people with 10,000 or less coins which added all up are more weight than just one person with 2% of the coins.

and if your answer is lazy people wont vote!  My answer is how the fuck do you know?  It's all guesses based off of narrow circumstances that need specific types of things to happen in order to be successful.

Some people won't vote cos some investors honestly won't give a shit. They will have bought their lisk in ICO and will jus sit on it for years without a care about the network at all.

Secondly. Ok so I said 2 million as an example. Let's say someone with 5 million does it. 33 nodes with a weight of 5 million each. Its gona take a hell of a lot of votes from people with 10k stacks to overtake them.

I'm only bringing this up cos I want it fair for everyone. Not just the rich getting richer without caring about development of dapps!

Did you pick those 2 million & 5 million Lisk figures randomly?

Because that's exactly how much Lisk is going to those investors who invested 300 BTC & 1000 BTC at the ICO.

How much will they be making everyday with 33 nodes each?

I'm curious to know how much the whales who invested 300 BTC & 1000 BTC at the ICO can earn as delegates with multiple nodes.

It all depends on how much active delegates they'll get - I hope a few of us who are running for active delegate will have enough voting power to spread this delegates evenly.

[deadpoolx]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

All fine here. 

[CryptoDatabase]

Lisk currently has 0 votes on Crypto Database! It is 56 votes behind Bitsend which is at 56 votes. Vote for it today and it could take it's place on the front page!

[almoche]

Guide for Verifying your Keys

We are encouraging everyone to validate their keys, so I have created a very simple guide you can follow for verifying the keys.

By validating your passphrases you will contribute in making the launch of Lisk smoother.

We suggest everyone to verify their generated keys, the more we have verified, the better.

Thanks!

Joel

Thanks for that