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fuze0000
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May 06, 2016, 10:37:53 AM |
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Exciting times ahead! Go LISK dapps go!
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TheRedHawk
Newbie
Offline
Activity: 59
Merit: 0
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May 06, 2016, 10:40:25 AM |
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NIIIIICE, I'm so amazed "boss" mate Can't wait to our actual launch!!
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b1007
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May 06, 2016, 10:40:34 AM |
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Will Rise project be better than Lisk project? Missed Lisk ICO but it seems like with Rise I still have a shot?
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I like to speculate
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KyLins
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May 06, 2016, 10:41:13 AM |
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very good
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WavesBank:www.wavesbank.com ▄████▄ ▄████████▄ ▄████████████▄ ▄████████████████▄ ████████████████████ ▄█▄ ▄███▄ ▄███▄ ▄████████████████▀ ▄██████████ ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ██ ▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▄█▄ ▀██████████████▄ ████████████████████████████ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▀█▀ ██ ▀████████████████████████▀ ▀██▄ ▄██▀ ▀██▄ ▄██▀ ▄█▄ ▀██▄ ▄██▀ ██ ▀████████████████████▀ ▀███▀ ▀███▀ ▀█▀ ▀███▀ ▄███████████████████████████████████▀ ▀████████████████▀ ▀████████████▀ ▀████████▀ ▀████▀
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cryptonoob312
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May 06, 2016, 10:44:00 AM |
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Will Rise project be better than Lisk project? Missed Lisk ICO but it seems like with Rise I still have a shot? That's like asking if litecoin is better than bitcoin, or if expanse is better than ethereum. Etc... Lol good luck to those guys though. Many more clones to come.
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cryptonoob312
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May 06, 2016, 10:47:25 AM |
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Will Rise project be better than Lisk project? Missed Lisk ICO but it seems like with Rise I still have a shot? That's like asking if litecoin is better than bitcoin, or if expanse is better than ethereum. Lol good luck to those guys though. But Rise project says they will be better than Lisk, they will have all the Lisk features and build more features upon it? more is better right? Ain't nothing like the original bro. No matter how bad you want it to be.
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fuze0000
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May 06, 2016, 10:50:05 AM |
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Will Rise project be better than Lisk project? Missed Lisk ICO but it seems like with Rise I still have a shot? That's like asking if litecoin is better than bitcoin, or if expanse is better than ethereum. Lol good luck to those guys though. But Rise project says they will be better than Lisk, they will have all the Lisk features and build more features upon it? more is better right? Ain't nothing like the original bro. No matter how bad you want it to be. Lisk is not just a typical cryptocurrency it is a brand!
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cryptonoob312
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May 06, 2016, 10:50:59 AM |
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"We picked LISK as a starting point due to how it was designed to run Smart Contract, Dapps, and had an easy to use, nearly ubiquitous programming language as it's base, to have the widest possible audience to start with. We are going to change the codebase to move away from Relational database as a backend, and use an object / document oriented database instead. This will enable flexibility in building Dapps data stores, since this style of database is traditionally schema-less. We are also going to build in LetsEncrypt, to ensure all Nodes have SSL encrypted and Enforced, Nodes will be built automatically either utilizing docker or a shell script. (This is similar to what LISK does) Additionally, we are going to be running consistent security audits on the entire infrastructure, utilizing a holistic approach to penetration testing that I have used in the past. We will combine black-box penetration testing with authenticated vulnerability scanning. This of course will include social engineering attack vectors to ensure that our network, infrastructure, and codebase remain clean. Of course, the community can help with the code base, as it will be kept current on github. Initially, we will be running all delegates, and we will always maintain a total of 101 nodes with 101 delegates. After the ICO, we will also form the "Rise Vision" foundation - more details on it's structure will be to follow, but ultimately it's goal will be to steer RISE into the future. Our biggest difference is we are not going to be a Code Only Application development platform. We will enable GUI based Smart Contract / Dapp development through our Web, Desktop, and possibly mobile applications." Seems like Rise will have more/better features than Lisk? Man if I were a Lisk investor I'd not like the delay, now a copy cat comes along and took yerr gainz many more clones to come. Rise may be the 2nd one but there will probably be more. So nothing to worry about.
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cryptonoob312
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May 06, 2016, 10:51:34 AM |
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Will Rise project be better than Lisk project? Missed Lisk ICO but it seems like with Rise I still have a shot? That's like asking if litecoin is better than bitcoin, or if expanse is better than ethereum. Lol good luck to those guys though. But Rise project says they will be better than Lisk, they will have all the Lisk features and build more features upon it? more is better right? Ain't nothing like the original bro. No matter how bad you want it to be. Lisk is not just a typical cryptocurrency it is a brand! +1000 even got a large community and everyone developing things for it.
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b1007
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May 06, 2016, 10:52:48 AM |
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"We picked LISK as a starting point due to how it was designed to run Smart Contract, Dapps, and had an easy to use, nearly ubiquitous programming language as it's base, to have the widest possible audience to start with. We are going to change the codebase to move away from Relational database as a backend, and use an object / document oriented database instead. This will enable flexibility in building Dapps data stores, since this style of database is traditionally schema-less. We are also going to build in LetsEncrypt, to ensure all Nodes have SSL encrypted and Enforced, Nodes will be built automatically either utilizing docker or a shell script. (This is similar to what LISK does) Additionally, we are going to be running consistent security audits on the entire infrastructure, utilizing a holistic approach to penetration testing that I have used in the past. We will combine black-box penetration testing with authenticated vulnerability scanning. This of course will include social engineering attack vectors to ensure that our network, infrastructure, and codebase remain clean. Of course, the community can help with the code base, as it will be kept current on github. Initially, we will be running all delegates, and we will always maintain a total of 101 nodes with 101 delegates. After the ICO, we will also form the "Rise Vision" foundation - more details on it's structure will be to follow, but ultimately it's goal will be to steer RISE into the future. Our biggest difference is we are not going to be a Code Only Application development platform. We will enable GUI based Smart Contract / Dapp development through our Web, Desktop, and possibly mobile applications." Seems like Rise will have more/better features than Lisk? Man if I were a Lisk investor I'd not like the delay, now a copy cat comes along and took yerr gainz many more clones to come. Rise may be the 2nd one but there will probably be more. So nothing to worry about. Lol, well no offense but judging by your account name I think I will disregard your vision and follow my own lol
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I like to speculate
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cryptonoob312
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May 06, 2016, 10:54:22 AM |
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"We picked LISK as a starting point due to how it was designed to run Smart Contract, Dapps, and had an easy to use, nearly ubiquitous programming language as it's base, to have the widest possible audience to start with. We are going to change the codebase to move away from Relational database as a backend, and use an object / document oriented database instead. This will enable flexibility in building Dapps data stores, since this style of database is traditionally schema-less. We are also going to build in LetsEncrypt, to ensure all Nodes have SSL encrypted and Enforced, Nodes will be built automatically either utilizing docker or a shell script. (This is similar to what LISK does) Additionally, we are going to be running consistent security audits on the entire infrastructure, utilizing a holistic approach to penetration testing that I have used in the past. We will combine black-box penetration testing with authenticated vulnerability scanning. This of course will include social engineering attack vectors to ensure that our network, infrastructure, and codebase remain clean. Of course, the community can help with the code base, as it will be kept current on github. Initially, we will be running all delegates, and we will always maintain a total of 101 nodes with 101 delegates. After the ICO, we will also form the "Rise Vision" foundation - more details on it's structure will be to follow, but ultimately it's goal will be to steer RISE into the future. Our biggest difference is we are not going to be a Code Only Application development platform. We will enable GUI based Smart Contract / Dapp development through our Web, Desktop, and possibly mobile applications." Seems like Rise will have more/better features than Lisk? Man if I were a Lisk investor I'd not like the delay, now a copy cat comes along and took yerr gainz many more clones to come. Rise may be the 2nd one but there will probably be more. So nothing to worry about. Lol, well no offense but judging by your account name I think I will disregard your vision and follow my own lol Ok fudster. I see right through you. Btw my account is older than yours. Kick rocks.
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cryptonoob312
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May 06, 2016, 10:54:55 AM |
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Nice idea. Looking forward to lisk launch.
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cryptonoob312
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May 06, 2016, 11:01:14 AM |
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Lisk v0.2.0 — Release AnnouncementA few days ago we updated our testnet to the Lisk client v0.2.0, this release introduced a vast amount of optimisations, bug fixes and improvements to Lisk. It also was the first step towards a modular crypto-currency. With Lisk v0.2.0 our current testnet begins from scratch. That means all current testnet delegates have to do all necessary steps from zero. They need to update their nodes, get 1000 LISK from our faucet and register a delegate account. Then they need to collect enough votes to get into the top 101. Right now our genesis delegates are the only ones actively forging. Tomorrow we will slowly remove our votes from them, in order to let community delegates secure the testnet again. https://blog.lisk.io/lisk-v0-2-0-release-announcement-41a4c5221bb8Lisk v0.2.1 — Release AnnouncementWe have just updated our testnet to the latest Lisk client v0.2.1, this release fixes many bugs and regressions found during internal community testing of v0.2.0. https://blog.lisk.io/lisk-v0-2-1-release-announcement-89945c835849 Bump. Latest release announcements.
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fuze0000
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May 06, 2016, 11:10:54 AM |
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Lisk will succeed as long as the dapps are worth adopting!
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souljah1h
Legendary
Offline
Activity: 1092
Merit: 1000
Hyperspace snail
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May 06, 2016, 11:20:28 AM |
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From the Image above ^
IPFS in April, is this already implemented?
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_@/'
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tomkat
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May 06, 2016, 11:37:28 AM |
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25 txs per block ? well ... what if there will be 1000s transactions per minute?
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LiskHQ (OP)
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May 06, 2016, 11:46:47 AM |
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25 txs per block ? well ... what if there will be 1000s transactions per minute?
1000 tx cost about $10 at ICO prices and $100 at IOU prices in network fees. At this moment it takes about 7 minutes to resolve 1000 tx. That means the network will be very busy for that time, but the attack becomes very expensive after a while. After the tx are all processed, we are back to normal. Over the next months the LISK price goes up (attack becomes more expensive) and the maximum tx per block is higher. Resulting in an even more expensive attack. E.g. if the price goes to 50ct per LISK and the block size will be increased to 100 tx per block, 1000 tx cost $50 and take 100 seconds to resolve. That means making the Lisk network unusable for 10 hours will cost someone $18000. 100 tx per block is by far not the end. More are definitely possible. We also might introduce the use of an optional higher fee or a split of tx per block (old and new ones). There are many possibilities here.
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Lisk.io - Blockchain Application Platform
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tomkat
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May 06, 2016, 12:48:54 PM |
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25 txs per block ? well ... what if there will be 1000s transactions per minute?
1000 tx cost about $10 at ICO prices and $100 at IOU prices in network fees. At this moment it takes about 7 minutes to resolve 1000 tx. That means the network will be very busy for that time, but the attack becomes very expensive after a while. After the tx are all processed, we are back to normal. Over the next months the LISK price goes up (attack becomes more expensive) and the maximum tx per block is higher. Resulting in an even more expensive attack. E.g. if the price goes to 50ct per LISK and the block size will be increased to 100 tx per block, 1000 tx cost $50 and take 100 seconds to resolve. That means making the Lisk network unusable for 10 hours will cost someone $18000. 100 tx per block is by far not the end. More are definitely possible. We also might introduce the use of an optional higher fee or a split of tx per block (old and new ones). There are many possibilities here. Higher fees, splits, or other tricks are obviously possible but not natural, imo. The best and most realiable are simple solutions with natural scaling possibilities, like changing block size with hardfork in Bitcoin (which unfortunately will not happen, as we know, in favor of complex and fancy segwit). Anyway, the above is the attack scenario, but what if the network will become very popular, and users will be just doing 1000s txs per minute on regular basis? Is this technology ready to naturally scale up to high tx volumes in next 4-5, or even 10 years?
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