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Romanknickl
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August 16, 2016, 01:33:49 PM |
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Just dipped toes back in the water after a few months away from crypto. The poloniex troll box is amazing to watch. All the people who are buying today the DGB hype for example. Tomorrow it will be a new coin and a new pump. Glad to see real progress here.
next is lisk Next, before MAID or after?  LISK do not need to be a next pump coin, LISK is a coin with real value and his price will grow on those foundations"LISK do not need to be a next pump coin, LISK is a coin with real value and his price will grow on those foundations" yes,i agree! Lisk don't need a pump, but it will. --------------------------------------------------------------------------------------------------------------------------------------------------------------- As i wrote a few days before, we are in the uptrend atm. I try to catch as many coins as I can at the current range. I think we will see major rises in the next days/weeks. I am very satisfied with Lisk atm. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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buy4crypto
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August 16, 2016, 01:53:23 PM |
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Uptrend looks right to me. Trading in the high range of the bolinger band. 2 hours of weak sell pressure hasn't moved it below 45000 satoshi. Think its prepping to test 50k soon. With all the other crypto losing momentum the funds could flow back here for a trade. That's how most of crypto works anyways. Funny to see the DGB leadup and 1 hour later its already onto the next one.
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raphma
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August 16, 2016, 02:41:11 PM |
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A good indicator is the buy side of Poloniex. It has doubled in the past week which means more buyers are entering. More good news will mean even more buyers  and we were in a downtrend but now the new trend is clearly up. |
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bandofgypsys
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August 16, 2016, 03:43:09 PM |
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@dleader. Not just that. Look at the movement of the price. It is very stable with consistent bidders and buyers. The support really is looking good and it is also not being pumped by the whales and them trying to play with the price. Everything is going smoothly.
Agreed. I'm a damn good book reader. Your elusive 1700 btc guy i think is iceberging his stash over the last few days. The 13 btc at 4600 gets refilled as soon as it's bought. And a few other levels get topped up when they are bought. Only way to combat whales is keep the buy side very thin on the higher levels, put orders in the 3800 range. Whales angle for thick order books they can fat finger. The momentum looks like FTC three weeks ago:) |
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HelioHash
Full Member
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Activity: 176
Merit: 100
https://twitter.com/HelioHash
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August 16, 2016, 04:01:58 PM |
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820 BTC buy wall on Poloniex... two time biger than 2 weeks ago Thats a good sign  I think we will not see LSK anymore below 40k |
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Noojna
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August 16, 2016, 04:04:37 PM |
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Can someone explain me how could sidechains replace ethereum's smart contracts in Lisk?
I think those 2 things are very different. Does this mean that for every Dapp with Lisk one has to download another sidechain blockchain?
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Splatters
Legendary
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Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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August 16, 2016, 04:14:06 PM |
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Hope to be right but this price is the lisk floor
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I know why your pray will never be answered!
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td services
Sr. Member
Offline
Activity: 448
Merit: 250
black swan hunter
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August 16, 2016, 04:24:17 PM |
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Can someone explain me how could sidechains replace ethereum's smart contracts in Lisk?
I think those 2 things are very different. Does this mean that for every Dapp with Lisk one has to download another sidechain blockchain?
Lisk blockchain applications are different from Ethereum smart contracts, although Ethereum Virtual Machine (EVM) can run as a Lisk app with its own delegates. Lisk apps run as sidechains which can receive and send Lisk from a multisig address on the main Lisk chain. They can use Delegated Proof of Stake like the main Lisk chain, but with their own set of delegates, or they can use a different consensus mechanism. Whether or not the user of a Lisk blockchain app has to download the sidechain for that app depends on how the developer designs the client and GUI for that app. |
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Noojna
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August 16, 2016, 04:52:44 PM |
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Can someone explain me how could sidechains replace ethereum's smart contracts in Lisk?
I think those 2 things are very different. Does this mean that for every Dapp with Lisk one has to download another sidechain blockchain?
Lisk blockchain applications are different from Ethereum smart contracts, although Ethereum Virtual Machine (EVM) can run as a Lisk app with its own delegates. Lisk apps run as sidechains which can receive and send Lisk from a multisig address on the main Lisk chain. Thanks for your answer but I don't get it still, and I can't find good detailed info about this: An ethereum smart contract could be a short piece of Solidity Code, compiled then embedded in the ETH blockchain. This small piece of code does, say, a simple "Hello World" function. To make the same simple "Hello World" function in Lisk, I have to create a whole Blockchain and link it to Lisk as a sidechain? |
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td services
Sr. Member
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Activity: 448
Merit: 250
black swan hunter
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August 16, 2016, 05:01:43 PM |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
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LiskHQ (OP)
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August 16, 2016, 05:09:06 PM |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
You really get it. What helped you the most to understand Lisk? |
Lisk.io - Blockchain Application Platform
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charleshoskinson
Legendary
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Activity: 1134
Merit: 1008
CEO of IOHK
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August 16, 2016, 05:09:31 PM |
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My interview on Epicenter Bitcoin https://youtu.be/5040I0PW7rc enjoy everyone |
The revolution begins with the mind and ends with the heart. Knowledge for all, accessible to all and shared by all
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Noojna
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August 16, 2016, 05:12:43 PM
Last edit: August 16, 2016, 05:23:17 PM by Noojna |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
You really get it. What helped you the most to understand Lisk? Ok thanks for your clear answer. I don't find this elegant though, as if I am a fan of Lisk, I don't want to have anything to do with Ether, I guess Lisk should have some kind of catchall sidechain for all small apps and simple smart contracts... Also say I am a small guy with no big ideas and no desire to invest a lot of energy in this, can I, somehow, still earn Lisk by staking in any way or do I absolutely have to play the whole political game to become a Delegate? |
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souljah1h
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Activity: 1092
Merit: 1000
Hyperspace snail
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August 16, 2016, 05:56:22 PM |
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Really liked your interview. Thanks for sharing |
_@/'
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td services
Sr. Member
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Activity: 448
Merit: 250
black swan hunter
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August 16, 2016, 06:42:01 PM |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
You really get it. What helped you the most to understand Lisk? Ok thanks for your clear answer. I don't find this elegant though, as if I am a fan of Lisk, I don't want to have anything to do with Ether, I guess Lisk should have some kind of catchall sidechain for all small apps and simple smart contracts... Also say I am a small guy with no big ideas and no desire to invest a lot of energy in this, can I, somehow, still earn Lisk by staking in any way or do I absolutely have to play the whole political game to become a Delegate? While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains. Running EVM as a blockchain app tied to Lisk is not the same as tying Ethereum directly to Lisk. It is more like forking Ethereum to run as different application for its smart contract functionality to run independently as a Lisk app. It is also quite possible that someone may develop a GUI to create smart contracts which run on Java Script with a consensus system on a dedicated set of delegates developed for that purpose. Also, please keep in mind that even with EVM running as a blockchain app on Lisk, any hacks or failures would be confined to that app and would not impact the main Lisk chain or anything else connected to it. |
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td services
Sr. Member
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Activity: 448
Merit: 250
black swan hunter
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August 16, 2016, 06:45:12 PM |
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Really liked your interview. Thanks for sharing Is Lisk discussed anywhere in it? Don't have time to watch the whole thing, and not at all interested in ETC. Thanks, if you can save me the time, would definitely want to see any discussion on Lisk. |
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bandofgypsys
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August 16, 2016, 06:52:04 PM |
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Excellent discussion! Man I love crypto. |
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Noojna
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August 16, 2016, 07:05:45 PM |
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While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains.
Thank you for your answer; however it is earning Lisk I am interested in, and since it's almost impossible to become a delegate of the main Lisk blockchain, can you point me to a sidechain which will allow me to earn Lisk for securing it? |
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metropolit
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Activity: 308
Merit: 250
Lisk will be #1 alt in 2019.
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August 16, 2016, 07:09:29 PM |
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Is Lisk discussed anywhere in it? Don't have time to watch the whole thing, and not at all interested in ETC. Thanks, if you can save me the time, would definitely want to see any discussion on Lisk.
Second that, im into Lisk and ETH, not really into listening ETC propaganda. |
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