Ethereum vs Lisk

[Hollowman338]

From Supernet Slack

whale
9:16 AM I’ve created a 1:1 LISK IOU asset on the NXT AE starting at 100 NXT/ LISK, the asset ID is 14738107721483067493LISK currently trades for 290 NXT/ LISK on yobit exchange. I am currently a member of NXTinspect (reputation), NEXT (trading) and WAVES (2.0 crypto platform).

https://www.mynxt.info/asset/14738107721483067493

1/10th the price of yobit currently

[1715305656]

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[1715305656]

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[Nxtblg]

From Supernet Slack

whale
9:16 AM I’ve created a 1:1 LISK IOU asset on the NXT AE starting at 100 NXT/ LISK, the asset ID is 14738107721483067493LISK currently trades for 290 NXT/ LISK on yobit exchange. I am currently a member of NXTinspect (reputation), NEXT (trading) and WAVES (2.0 crypto platform).

https://www.mynxt.info/asset/14738107721483067493

1/10th the price of yobit currently

I was thinking of doing the same thing on the Horizon network, backed by a small haunch and aiming to distribute Lisk to micro-investors, but I held off (for now) because the Yobit price is scary high. I actually presumed it would fall to ~$1-2 overnight!

[cannabanana]

From Supernet Slack

whale
9:16 AM I’ve created a 1:1 LISK IOU asset on the NXT AE starting at 100 NXT/ LISK, the asset ID is 14738107721483067493LISK currently trades for 290 NXT/ LISK on yobit exchange. I am currently a member of NXTinspect (reputation), NEXT (trading) and WAVES (2.0 crypto platform).

https://www.mynxt.info/asset/14738107721483067493

1/10th the price of yobit currently

I was thinking of doing the same thing on the Horizon network, backed by a small haunch and aiming to distribute Lisk to micro-investors, but I held off (for now) because the Yobit price is scary high. I actually presumed it would fall to ~$1-2 overnight!

Yeah actually I figured it would have been dumped the first night also.  I think that's why most of the legitimate fud kinda disappeared.  People now cannot really convince others that it won't start trading at $1-2 floor.

[bitwhizz]

IS possible for lisk to integrate smart contracts in Java script?

[KyLins]

LISK better than ETH

[hawkins]

I prefer ETH than Lisk, because often I use for trading is ETH.
ETH often gives me an advantage, so I am more loved than Lisk 

[Abiky]

LISK better than ETH

Thanks for sharing your opinion mate. I have been away for some weeks regarding the latest updates on LISK, but i'd bet that new and exciting things happened while I was gone. Since I'm one of the early investors, I would probably make some profit once it becomes officially released on May 24, 2016. Comparing LISK to ETH, i'd say that differences are not much among them. All that matters is the ability to create dapps/smart contracts from within the blockchain. That is what makes them very useful. 

[Blawpaw]

Ethereum is still superior to Lisk... a lot of new projects are being developed using ethereum... I don't think lisk can beat it. Just look at the DAO:

"The DAO is cause for great excitement among Ethereum enthusiasts these days, and there is a lot of funds flowing from user wallets to the wallet address for this project. Additionally, over 100,000 transactions have been generated by The DAO for internal transfers, as the project is currently in its creation phase."


http://www.newsbtc.com/2016/05/22/ether-used-ethereum-users/

[WarrEagle]

There's no question, ETH over LISK, I would even say RISE looks more promising than LISK.

[deadpoolx]

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

[electronicash]

I do think ETH will still be ahead of time considering the support given to it by the community and the projects made by the devs. They've been partnering up with lots of Devs and projects and so ETH may even dominate later. I do hope Lisk won't die though their platform is very much useful still.

[hotsurfing]

Ethereum < Lisk

[benthach]

There's no question, ETH over LISK, I would even say RISE looks more promising than LISK.

eth is crap, it trying to squeeze every little craps into it main chain, it was not designed for long term. at the moment the main chain is addding about 1.6gb of data per month and soon will be 100gb per month, keep adding.

[B!tcoinL0ver]

DPOS VS POW ?
 

[ToScA-]

I do think ETH will still be ahead of time considering the support given to it by the community and the projects made by the devs. They've been partnering up with lots of Devs and projects and so ETH may even dominate later. I do hope Lisk won't die though their platform is very much useful still.

Of course. And competition is always good, keeps development moving forward.

[1btcdream]

There's no question, ETH over LISK, I would even say RISE looks more promising than LISK.

eth is crap, it trying to squeeze every little craps into it main chain, it was not designed for long term. at the moment the main chain is addding about 1.6gb of data per month and soon will be 100gb per month, keep adding.

It would be a really big issue on the part of ETH if this can't be resolved in the long run.

[tonlong]

Ethereum on the other hand doesn't promote "partnerships" or try to attach their name to others in order to gain reputation. They've tried to distance themselves from Bitcoin and being seen as a "currency" in general, even before the turmoil with Bitcoin came to a head.

[B!tcoinL0ver]

look lisk now number 1 volume at poloniex 

[Indrawan77]

Both of the coin seem promising in the future, however i think eth is more popular than risk and more people are into eth than lisk and there is been a great rumour eth is going to rise high

[danherbias07]

Both of the coin seem promising in the future, however i think eth is more popular than risk and more people are into eth than lisk and there is been a great rumour eth is going to rise high

Yeah ETH is really popular even when I ask co-bitcoin users they all say ETH is really looking great. But it is price is too high so if you are at minimal risk or just a starter LSK could provide some of that.