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

[LiskHQ]

Lisk Investment Charts

I'm the initial Crypti investor that kick-started the whole project financially back at 2014....I hope [Lisk fork] ICO funds be enough and let do a really great job to bring the [JavaScript sidechain / dapp] platform to the world. We in Crypti pushed on development and did a great job having a great platform as a result. Unfortunately no money left for marketing and further development. And for me personally Lisk is the same project with the same idea we wanted bring to the world. For me nothing changed. Same platform which can become more powerful with the new [Lisk fork] ICO....

I suggest everyone to treat this as second funding round what is are very common in start-ups.

How many Lisk you will get for every Crypti you donate (Ownership dilution / concentration):
  
https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit#gid=763738405
  
What Satoshi price you will pay for one Lisk with the Bitcoin you donate (Logical Lisk starting price at exchanges):

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit#gid=763738405

Note : 15% to 10% bonus for early BTC donation is ignored in these spreadsheets!

Crypti folks:

Note that if your ownership is diluted (less genesis Lisk than Crypti donated), the price of the Lisk you hold goes up to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Note that if your ownership is concentrated (more genesis Lisk than Crypti donated), the price of the Lisk you hold goes down to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Bitcoin folks:

Welcome to the alternative to Etherium.  Why learn some weird new language like "Solidity" or "Serpent" to write smart contracts that will end up running on some giant Chinese server farms?  Program Lisk side chains and dapps in Javascript, run them on your own set of $35 Raspberry Pi 2 or $9 C.H.I.P. microcomputers, and... prepare for lift-off!  

(P.S. First JavaScript programmer to write a Lisk sports betting dapp becomes a billionaire).

This is great. I will add these charts to the OP and next ICO info blog post. Thank you Mal! 

why waiting 4 22nd February?

To build momentum.

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[MalReynolds]

Lisk Uses JavaScript to write smart contracts / side chains / distributed applications (dapps)

How many JavaScript developers are there? (Hint: around 100,000 !!!)   How popular is JavaScript?  (Hint : #1 !!!)

https://www.quora.com/How-many-JavaScript-developers-are-there-in-the-US-and-across-the-world

http://stackoverflow.com/research/developer-survey-2015#tech-lang

Ethereum uses Solidity to write smart contracts / side chains / distributed applications (dapps)

What the hell is Solidity?

"Part III: Solidity language features

Note: Solidity is still under heavy development, which means running the actual code is hard, and since it’s on dev it cannot be assumed to be stable."

"This is valid:

<Solidity code>

It has "risky" in it because it is not safe. First of all, "bank" starts out un-initialized, which means the "deposit" and "withdraw" functions might fail. Secondly, "setBank" has an address in the method signature and there is no guarantee that this contract is a bank. Finally, of course this is generally a bad contract because it has no permissions structure. It’s just a demonstration of interfaces so it shouldn’t have that, but it’s still worth keeping in mind."

https://docs.erisindustries.com/tutorials/solidity/solidity-3/

THAT'S Solidity.

FORGET SOLIDITY.  USE JAVASCRIPT.

MOVE OVER, ETHEREUM.  HERE COMES LISK.

(P.S. First JavaScript programmer to write a Lisk sports betting dapp becomes a billionaire).

[hoertest]

guy above
you should stop spamming all eth threads dude. i Like this project here. we don't need this Dash/monero type of shit atmosphere all over again leading up to the  ico . thats what you creating with this. believe me. keep lisk in lisk thread for now and this project is of to a better start.
 just my observation.
ps : love your contributions in this thread .

[MalReynolds]

ps : love your contributions in this thread .

Thanks!  

I will slack off on posing a link to the Lisk OP on Ethereum threads.  However, I see some people are giving my brief posts there a +1 !!!


https://bitcointalk.org/index.php?topic=1137367.msg13827829#msg13827829

[Blazed]

He also needs to learn how to spell Ethereum... Spammer gonna spam I guess.

[poornamelessme]

...

Okay, don't go into full on crazy hype mode there... it can be counterproductive. It's not dump ETH, Go Lisk, especially with how well ETH has been doing lately. I strongly agree with hoertest, coins considering others rivals, then trolling back and forth, is just annoying to everyone... and it doesn't matter anyway. Not like if ETH goes down, Lisk goes up (and certainly not the reverse).

Instead point out how well ETH is doing and how there is room for more than one smart contract currency. Competition is fine, but right now nobody knows about Lisk, while ETH is going insane. Use that to your advantage... the better ETH does, the more interest there could be in Lisk.

[MalReynolds]

He also needs to learn how to spell Ethereum... Spammer gonna spam I guess.

It's not dump ETH, Go Lisk, especially with how well ETH has been doing lately...Instead point out how well ETH is doing and how there is room for more than one smart contract currency. Competition is fine, but right now nobody knows about Lisk, while ETH is going insane. Use that to your advantage... the better ETH does, the more interest there could be in Lisk.

LOL.  Oops.  Corrected.

Thanks, poornamelessme.

[hoertest]

ps : love your contributions in this thread .

Thanks!  

I will slack off on posing a link to the Lisk OP on Ethereum threads.  However, I see some people are giving my brief posts there a +1 !!!


https://bitcointalk.org/index.php?topic=1137367.msg13827829#msg13827829

yeah i would keep it in the open discussion threads but pull it from the eth main thread perhaps.
but you can do what you want.

[provenceday]

will keep watch this project.

[LiskHQ]

Boris Povod joins Lisk as our first adviser

After developing Crypti from scratch over the past 2 years, Boris Povod from Russia joins the Lisk team as an adviser. He will support us with invaluable knowledge and advice related to the Lisk source code.


Read the announcement on our blog!





Explaining Lisk Forging Rewards

One of the biggest new features introduced by Lisk is delegate forging rewards. Today we want to explain to you our motivation behind introducing them and how they will work.


Get all information in our detailed forging reward description!

[Notieboie]

watching this one, got some potential man

[LiskHQ]

Boris Povod joins Lisk as our first adviser

BAM!   

...all I have been waiting to hear...

He is the person who knows everything about the source code. This will bring Lisk another major step forward. This decision was made last Sunday, and we are very glad to have him support Lisk.

[Poly#Crypto]

Boris Povod joins Lisk as our first adviser

BAM!   

...all I have been waiting to hear...

He is the person who knows everything about the source code. This will bring Lisk another major step forward. This decision was made last Sunday, and we are very glad to have him support Lisk.

Excellent News

[dzarmush]

Well, since Boris supports Lisk, there's no doubts it's going to be huge.

[LitcoinCollector]

Interesting stuff. But I'm not quite sure about the name...

[bitseedmike]

Some instructions on interpreting the Genesis Block Lisk Received Per Donated Crypti chart:

The top row is the percentage of XCR which is converted to Lisk. The secong row is its equivalent in BTC at 1300 sats per XCR. The first column is how much BTC is raised. The second column is the USD equivalent at a price of $370/BTC. The table entries are the decimal fraction of Lisk received per XCR. The maximum fraction of Lisk per XCR with 0 BTC raised and 100% conversion of XCR to Lisk is .85 since the ICO reserves 15% for developers and bounties. If less than 100% Lisk is converted with no BTC raised, the dilution can go to a decimal fraction above 1 with less than 85% XCR converted to Lisk. The highlighted diagonal of cells is where there is no dilution of XCR to Lisk, driven by less amounts of XCR converted to Lisk.

Lisk Investment Charts

I'm the initial Crypti investor that kick-started the whole project financially back at 2014....I hope [Lisk fork] ICO funds be enough and let do a really great job to bring the [JavaScript sidechain / dapp] platform to the world. We in Crypti pushed on development and did a great job having a great platform as a result. Unfortunately no money left for marketing and further development. And for me personally Lisk is the same project with the same idea we wanted bring to the world. For me nothing changed. Same platform which can become more powerful with the new [Lisk fork] ICO....

I suggest everyone to treat this as second funding round what is are very common in start-ups.

How many Lisk you will get for every Crypti you donate (Ownership dilution / concentration):
  
https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit#gid=763738405
  
What Satoshi price you will pay for one Lisk with the Bitcoin you donate (Logical Lisk starting price at exchanges):

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit#gid=763738405

Note : 15% to 10% bonus for early BTC donation is ignored in these spreadsheets!

Crypti folks:

Note that if your ownership is diluted (less genesis Lisk than Crypti donated), the price of the Lisk you hold goes up to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Note that if your ownership is concentrated (more genesis Lisk than Crypti donated), the price of the Lisk you hold goes down to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Bitcoin folks:

Welcome to the alternative to Etherium.  Why learn some weird new language like "Solidity" or "Serpent" to write smart contracts that will end up running on some giant Chinese server farms?  Program Lisk side chains and dapps in Javascript, run them on your own set of $35 Raspberry Pi 2 or $9 C.H.I.P. microcomputers, and... prepare for lift-off!  

(P.S. First JavaScript programmer to write a Lisk sports betting dapp becomes a billionaire).

This is great. I will add these charts to the OP and next ICO info blog post. Thank you Mal! 

why waiting 4 22nd February?

To build momentum.

[bitseedmike]

JXcore, http://jxcore.com/home/ is an extended node.js fork which adds more features. It also reduces the size of an application to where complex code can be less than 100 Mb. Bringing this into Lisk can make it even more compact than the 512 Mb it takes now.

Business Insider predicts IoT to reach 5 Trillion dollars over the next 5 years, http://www.businessinsider.com/how-the-internet-of-things-market-will-grow-2014-10 .

Lisk enables much more than just micropayments among IoT devices. Lisk dapps can secure an owner's cloud of IoT devices against hacking and man-in-the-middle attacks with DNSchain type technology, https://okturtles.com/ . Other applications are secure shared databases and analytics, resource allocation, and dispatch of autonomous vehicles and drones.

We have been waiting for the 0.5.5 release to run it on Bitseed, https://bitseed.org/ , an Bitcoin full node with 1 Gb RAM, dual core ARM processor, 8 Gb eMMC, and 1 Tb hard drive storage. We have also shipped some with SSD instead of the hard drive.

Other reports more recent than the one above place the IoT market up to $11 Trillion, http://www.informationweek.com/strategic-cio/digital-business/iot-market-forecast-at-$11-trillion-report-finds/a/d-id/1321100.

[karmacoma24]

JXcore, http://jxcore.com/home/ is an extended node.js fork which adds more features. It also reduces the size of an application to where complex code can be less than 100 Mb. Bringing this into Lisk can make it even more compact than the 512 Mb it takes now.

Business Insider predicts IoT to reach 5 Trillion dollars over the next 5 years, http://www.businessinsider.com/how-the-internet-of-things-market-will-grow-2014-10 .

Lisk enables much more than just micropayments among IoT devices. Lisk dapps can secure an owner's cloud of IoT devices against hacking and man-in-the-middle attacks with DNSchain type technology, https://okturtles.com/ . Other applications are secure shared databases and analytics, resource allocation, and dispatch of autonomous vehicles and drones.

We have been waiting for the 0.5.5 release to run it on Bitseed, https://bitseed.org/ , an Bitcoin full node with 1 Gb RAM, dual core ARM processor, 8 Gb eMMC, and 1 Tb hard drive storage. We have also shipped some with SSD instead of the hard drive.

Yep keeping a close eye on JXcore and have already tested it with Lisk.

For the moment it's based on a older version of node (v0.10.40) with functionality backported from upstream, and certainly has some nice features of it's own.

The "quick load" feature that Crypti/Lisk has implemented makes the biggest difference imo, especially when running on these low-footprint devices. So for the moment we will stick with the original https://github.com/nodejs/node.

I have a Raspberry Pi 2 chugging away as a Crypti delegate, which has been up since I launched it several months ago. Therefore operating a delegate on these devices, providing you have a good network connection is a definite possibility.

[vlom]

@OP:

hi

do you still need a german translation?

i can translate for you into german.

vlom

[bitseedmike]

The "quick load" feature that Crypti/Lisk has implemented makes the biggest difference imo, especially when running on these low-footprint devices. So for the moment we will stick with the original https://github.com/nodejs/node.

Yes, this is a major reason we're waiting for 0.5.5 to load it. It takes quite a while to load the chain and index it right now.