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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3073026 times)
CREATIVE_Life
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May 26, 2016, 10:21:34 PM
 #22541

F***. I wanted to buy at 0.00088. do you think the price will go back down to that?

NO Wink
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May 26, 2016, 10:22:36 PM
 #22542

please, prosess my txid
my Transaction ID: 10980784449935574343

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May 26, 2016, 10:25:13 PM
 #22543

F***. I wanted to buy at 0.00088. do you think the price will go back down to that?

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Not for now, psycho line 0.001 is broken for little moments.

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May 26, 2016, 10:36:35 PM
 #22544




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May 26, 2016, 10:38:44 PM
 #22545

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



If you want to be informed.
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May 26, 2016, 10:38:51 PM
 #22546

F***. I wanted to buy at 0.00088. do you think the price will go back down to that?

NO Wink
Huh

You're joking right?

Better buy before it hits $1
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May 26, 2016, 10:39:10 PM
 #22547






and GO #4 !!!  Wink

 Grin
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May 26, 2016, 10:41:59 PM
 #22548

please, prosess my txid
my Transaction ID: 10980784449935574343

it doesn't exist in the blockchain lol

You don't pay enough.
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May 26, 2016, 10:47:42 PM
 #22549

The differences between Lisk and Ethereum explained by the Lisk CEO Max aka LiskHq:

http://ethereum.stackexchange.com/questions/2104/how-does-lisk-differ-from-ethereum/3176#3176



@tayvano: Unfortunately, I can't comment directly. I need "50 reputation" for this. Therefore I will write it as a new answer.

    I don't know as much about Serpent, but it appears to have the same goals and purpose as Solidity, but is meant to be similar to Python (and therefore be great for Python devs.) This, along with the range of clients, also showcases the dedication that Ethereum has to being appealing to a wide range of developers, not just Javascript developers.

The range of clients at Ethereum in Go, C++, Python, JavaScript, Java and other languages is a support disaster. Right now it may work OK, but once Ethereum attracts a critical mass there will be 1 (or maybe 2) clients which will be used by 99% of the users. Otherwise, it's just not feasible.

You also say that Ethereum is trying to appeal a wide range of developers. Lisk tends to focus on the JavaScript group, it's just a fact that this is a huge crowd already. Lisk removes friction, it's very hard to get developers for a platform. If they now need to learn a new language (besides the whole blockchain concepts) attracting them will be even more difficult. Lisk is all about staying lean, efficient and focused.

Btw. JS is extremely powerful: asmjs.org, pyjs.org etc.

    Above only covers Smart Contracts for Etheruem; what about the more fully-encompassing "Dapp"?

Here is the difference between Lisk and Ethereum. Ethereum is doing smart contracts which are all saved on one blockchain. If you want to develop a dapp in Ethereum you need to connect the functionalities of several smart contracts.

In Lisk you get a complete package. You don't develop single smart contracts. You build an entire application which is running on its own blockchain. It's like you develop a new crypto-currency platform with an extended feature-set, the platform itself is already finished and provided by our Lisk SDK. As a developer you just need to implement the necessary new features on top of the already existing platform.

    So, for Lisk to be implying that Javascript developers cannot create Dapp for Ethereum is a bit misleading. They can absolutely use primarily Javascript for the Dapp and then Solidity (which is so close to Javascript) for smart contracts.

We never said that JavaScript developers cannot create dapps for Ethereum. Of course they can, but they need to learn a new language first. This is like you would say a plumber cannot paint walls.

At Ethereum they can use JavaScript for the dapp front end, and Solidity for the dapp back end. It's not like they are using JavaScript "for the [complete] dapp" as you said. No, only for the front end.

    The difference is that Lisk is entirely Javascript (and node.js) through and through, Ethereum has a large number clients in different languages[2], has two custom-written languages for smart contracts, and still allows for Javascript where you need it most (the UI).

Yes, we tend to focus on one technology. Focus is key.

Your statement that Ethereum "allows for JavaScript where you need it most (the UI)", is really only the case for Ethereum. JavaScript is globally accepted for many different tasks on the front and back end (e.g. NodeJS). Not just for "the UI". You are making JavaScript smaller as it is, only to get more arguments for Solidity.

    Javascript numbers are....not the greatest or most reliable. Especially when we are dealing with a crypto-currency, you really want your numbers to be on point. Basically JS uses floating point which means some things get approximated and digits get lost in certain cases.

We are only using integers at Lisk. For big numbers we are using bignumber.js. It's not about the language you choose, it's about your coding skills. If you know what you are doing JavaScript is entirely fine. However, yes this is a weakness. But a weakness which is manageable.

    Javascript uses weak dynamic typing. If you are not careful, you can pass strings instead of numbers.

Honestly, if you are building a serious project you should at least get this thing right. Otherwise, every JavaScript project would fail according to your argument.

    Lisk has "rules" that they ask contract developers have to follow to avoid breaking consensus.

Yep. It seems Ethereum has these "rules" directly embedded into their compiler, at Lisk developers just have to follow them. The biggest difference here is, if they do a mistake and the consensus is broken, then the dapp needs a hard fork. But Lisk itself is entirely fine, because the dapp is only running in a sidechain.

This is a huge security advantage. If a dapp fails, the Lisk network doesn't even hiccup. However, if one smart contract fails at Ethereum, it can mean game over for Ethereum.

    Disadvantages of Solidity

Other disadvantages may be that it's a very young language and therefore unproven. Also there is very little documentation available, and even less developers know this language.

    On the blockchain

You are mixing up different things now. You download the Bitcoin client also from an HTTP link. However it "cannot be corrupted, can be audited, cannot be changed, can reach consensus". That means all these important properties you mention are also valid for Lisk. If you change a dapp code, your node will end up on a fork. Same as if you change the Bitcoin code.

The HTTP link is only the way to distribute a dapp source code. Later on we will integrate decentralized storage methods (e.g. IPFS), so the distribution itself can be decentralized as well.

However, the distribution model doesn't define if an application is centralized or decentralized. Or do you say that every crypto-currency on the market is centralized? Because you download the clients from a centralized location? If yes, then how can Ethereum dapps even be decentralized, if the network itself is centralized? Wink

Your line of arguments is wrong here. Another important fact is, that this method allows Lisk to scale massively easier than Ethereum. Besides the huge advantages our sidechains already bring to the table.

    I don't know much about Crypti, but they did have a presale and they did get a decent amount of money (at least $200k USD) but I can't find the exact figures because everything has been wiped. Nothing came of Crypti. Literally. So...that's scary. The lack of transparency, also scary.

We are not associated with Crypti anymore. However, saying that everything is wiped and that there is no transparency is a huge lie. There are over 600 pages on Bitcointalk (https://bitcointalk.org/index.php?topic=654463) and dozens of blog posts (https://blog.crypti.me) which contain ALL information.

Additionally, if you say that "nothing came of Crypti" then you are completely wrong. Crypti developed a working dapp platform, the huge success of Lisk is proving this. The only thing which just didn't work at Crypti was marketing. That means nobody knows about Crypti. There was also a big lack of leadership at Crypti.

    So I guess the main difference I want to point out between Ethereum and Lisk here is that Lisk is two guys who rebranded a previous coin that had a presale and delivered nothing while Ethereum has Vitalik Buterin, a large team of well-known, community-engaged, crazy talented developers, and a large community of developers creating Dapp and third-party wallets and hardware wallets and all sorts of amazing stuff. I mean, look at Augur, Slock.it, and ConsenSys alone. It's crazy!

Yes, I'm glad that those two guys at Google never started their company because there were so many great search engines back then with hundreds of employees. Smiley

Don't understand me wrong, I like Ethereum and the whole team/movement behind it. I'm a big supporter. But you are just refusing innovation at this point of time. You are comparing a 2 years old platform (Ethereum) with 18M in fundings, with a not even launched platform (Lisk) with no access to the funding as of yet. That's kind of silly.

    Another key difference is Ethereum has the Ethereum Foundation, a non-profit Swiss organization and Lisk has....an unknown foundation / company associated with it.

Everyone at Lisk knows that we are in the process of creating a legal entity in Germany, most probably as a gGmbH. This is also a non-profit organisation structure.

    One final note: Lisk really likes to claim they have partnerships with big names. First it was ShapeShift. Now it is Microsoft. They loooove to use that partnership word. In reality, they were just using the Shifty button, not really a partnership.

We had a technologic partnership with ShapeShift. It was a big mis-understanding at that time. They already fixed that mistake.

All in all, I would like to say that your points are quite weak. You didn't point out the biggest weaknesses of Lisk. In my opinion this is sidechain security. That means small dapps probably won't have a chance long-term to attract enough nodes to secure them.

For this I suspect that there will be special dapps, who will run smaller dapps in a SaaS way. Until we implemented a sidechain forging marketplace, finding sidechain forgers is also quite a difficult task. However, these are all just starting problems. Everything is solvable. At the end of the day Lisk is just software which is actively developed.

It's important to mention that Lisk just gets started and we are already making big changes. At this point of time it's just to early to evaluate Lisk and the team (us) behind it. You should just wait for a year before making a final conclusion. All arguments right now just look like you are afraid. Personally, I think there is far more than enough room for Ethereum and Lisk. In the end we are solving the "problems" very differently and are attracting different niches.

I hope that Ethereum and Lisk can work together in the future in order to solve important problems within the dapp and blockchain industry. I say it again, we are in this "game" together.

http://ethereum.stackexchange.com/questions/2104/how-does-lisk-differ-from-ethereum/3176#3176
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May 26, 2016, 10:48:04 PM
 #22550

Something happens not good - yesterday did not come to me, LSK sent to


2016-05-24 10:29:05 p.m.
Address : 266970044519428954L
TXID : 9923360434254956222
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May 26, 2016, 10:52:00 PM
 #22551

Still looking for members for our elite delegate group:
https://bitcointalk.org/index.php?topic=1481919.new#new

"Entry level" is lowered to about 50k LISK. Please PM me here or DM me on lisk-chat (alias "SpaceTrucker"). Thank you guys!
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May 26, 2016, 10:53:31 PM
 #22552

Now the market is in the hands of people who bought for about 30-50 cents. They are not going to settle for less than $1-$2. ICO is gone forever.
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May 26, 2016, 10:58:45 PM
 #22553

Ok ok ok, this NEWS is fucking huge! Lisk Boooom!

http://www.peerplays.com/news/lisk-considered-for-gamification-through-peerplays/

I knew it from the start, LSK will change whole app business.

Choo chooo Cheesy

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May 26, 2016, 10:59:39 PM
 #22554

Still looking for members for our elite delegate group:
https://bitcointalk.org/index.php?topic=1481919.new#new

"Entry level" is lowered to about 50k LISK. Please PM me here or DM me on lisk-chat (alias "SpaceTrucker"). Thank you guys!

50k Lisk entre level? Lol, who is going to donate 51 bitcoins to a delegate?
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May 26, 2016, 11:00:26 PM
 #22555

Now the market is in the hands of people who bought for about 30-50 cents. They are not going to settle for less than $1-$2. ICO is gone forever.

This statement is very accurate!
Thanks for your words of wisdom!
GO LISK GO!
Current LSK Volume on Poloniex is 28,560 BTC versus 23,700 BTC
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May 26, 2016, 11:00:38 PM
 #22556

Uh oh - my lisk has been gone from my web wallet for over 40 mins and hasnt shown up on poloniex. Zero confirmations as well.....
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May 26, 2016, 11:01:04 PM
 #22557

Still looking for members for our elite delegate group:
https://bitcointalk.org/index.php?topic=1481919.new#new

"Entry level" is lowered to about 50k LISK. Please PM me here or DM me on lisk-chat (alias "SpaceTrucker"). Thank you guys!

50k Lisk entre level? Lol, who is going to donate 51 bitcoins to a delegate?

you should better run your own, big money here

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May 26, 2016, 11:01:32 PM
 #22558

Still looking for members for our elite delegate group:
https://bitcointalk.org/index.php?topic=1481919.new#new

"Entry level" is lowered to about 50k LISK. Please PM me here or DM me on lisk-chat (alias "SpaceTrucker"). Thank you guys!

50k Lisk entre level? Lol, who is going to donate 51 bitcoins to a delegate?

Lol. Gotta love coins when this type of stuff happens. Will wait for next big drop to enter huge.

Best of luck to all liskers.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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May 26, 2016, 11:07:12 PM
 #22559

Eth investors sell to buy Lsik:
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May 26, 2016, 11:09:43 PM
 #22560

Uh oh - my lisk has been gone from my web wallet for over 40 mins and hasnt shown up on poloniex. Zero confirmations as well..... Anyone else had this??
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