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

[CREATIVE_Life]

Lisk — The first modular crypto-currency

Scalability has been a problem with crypto-currencies since Bitcoin’s introduction.

Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged in order to accommodate that growth.

In order to resolve this, Lisk will become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network simply as Decentralized Applications (Dapps). This not only makes single features optional, it will also keep the Lisk mainchain streamlined in comparison to other crypto-currencies.
From an architectural standpoint it is rational to apply this modularity prior to the official Lisk launch. Therefore, effective immediately, we have completely removed the current implementation of usernames and contacts from Lisk. In the near future, they will be part of the so called “Core Dapps” which bring new features directly integrated into the client user interface (UI).



The first Core Dapp allows users to create a unique identity on the Lisk network involving information such as username, first name, surname, email, forum/chat username, and/or a description. Dapp developers are be able to access the identity sidechain and use the information within their own dapps, e.g. the name of a Lisk account owner.



Alongside with the other planned Core Dapps (messaging, dapp reviews/ratings, contacts), Lisk not only becomes a decentralized network, it becomes a feature-complete and independent ecosystem. Combined with the many dapps by our users Lisk will form a one of its kind hub for the world, empowering the Internet of Things and motivating many industries.

https://blog.lisk.io/lisk-the-first-modular-crypto-currency-dd3e8df87613

Looking forward to this.

$5 @ launch on polo?

Polo on the first few days can be more than 5 or even $ 10 ... 

[rtrtcrypto]

I'm starting to think I'm going to dump my coins... the delusion is just too insane. 1 billion market cap on launch? The coin doesn't even have a team in place yet and you are valuing it at 1 billion?

Lisk — The first modular crypto-currency

Scalability has been a problem with crypto-currencies since Bitcoin’s introduction.

Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged in order to accommodate that growth.

In order to resolve this, Lisk will become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network simply as Decentralized Applications (Dapps). This not only makes single features optional, it will also keep the Lisk mainchain streamlined in comparison to other crypto-currencies.
From an architectural standpoint it is rational to apply this modularity prior to the official Lisk launch. Therefore, effective immediately, we have completely removed the current implementation of usernames and contacts from Lisk. In the near future, they will be part of the so called “Core Dapps” which bring new features directly integrated into the client user interface (UI).



The first Core Dapp allows users to create a unique identity on the Lisk network involving information such as username, first name, surname, email, forum/chat username, and/or a description. Dapp developers are be able to access the identity sidechain and use the information within their own dapps, e.g. the name of a Lisk account owner.



Alongside with the other planned Core Dapps (messaging, dapp reviews/ratings, contacts), Lisk not only becomes a decentralized network, it becomes a feature-complete and independent ecosystem. Combined with the many dapps by our users Lisk will form a one of its kind hub for the world, empowering the Internet of Things and motivating many industries.

https://blog.lisk.io/lisk-the-first-modular-crypto-currency-dd3e8df87613

Looking forward to this.

$5 @ launch on polo?

Polo on the first few days can be more than 5 or even $ 10 ... 

[dzarmush]

I can't believe Coindesk hasn't been published an article about Lisk

[mistercashking]

I'm starting to think I'm going to dump my coins... the delusion is just too insane. 1 billion market cap on launch? The coin doesn't even have a team in place yet and you are valuing it at 1 billion?

Lisk — The first modular crypto-currency

Scalability has been a problem with crypto-currencies since Bitcoin’s introduction.

Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged in order to accommodate that growth.

In order to resolve this, Lisk will become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network simply as Decentralized Applications (Dapps). This not only makes single features optional, it will also keep the Lisk mainchain streamlined in comparison to other crypto-currencies.
From an architectural standpoint it is rational to apply this modularity prior to the official Lisk launch. Therefore, effective immediately, we have completely removed the current implementation of usernames and contacts from Lisk. In the near future, they will be part of the so called “Core Dapps” which bring new features directly integrated into the client user interface (UI).



The first Core Dapp allows users to create a unique identity on the Lisk network involving information such as username, first name, surname, email, forum/chat username, and/or a description. Dapp developers are be able to access the identity sidechain and use the information within their own dapps, e.g. the name of a Lisk account owner.



Alongside with the other planned Core Dapps (messaging, dapp reviews/ratings, contacts), Lisk not only becomes a decentralized network, it becomes a feature-complete and independent ecosystem. Combined with the many dapps by our users Lisk will form a one of its kind hub for the world, empowering the Internet of Things and motivating many industries.

https://blog.lisk.io/lisk-the-first-modular-crypto-currency-dd3e8df87613

Looking forward to this.

$5 @ launch on polo?

Polo on the first few days can be more than 5 or even $ 10 ...  

@rtrtcrypto Dude stop being so emotional. What coin doesn't get hyped? They are obviously hyping and having some fun.

[CjMapope]

I can't believe Coindesk hasn't been published an article about Lisk

ya they had written
http://www.coindesk.com/press-releases/lisk-raises-over-5-7-million-usd-in-2nd-most-successful-crypto-currency-crowd-fund-to-date/
but are due for more for sure! ;)

[LiskCryptoFan]

I'm starting to think I'm going to dump my coins... the delusion is just too insane. 1 billion market cap on launch? The coin doesn't even have a team in place yet and you are valuing it at 1 billion?

Lisk — The first modular crypto-currency

Scalability has been a problem with crypto-currencies since Bitcoin’s introduction.

Scalability is the capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged in order to accommodate that growth.

In order to resolve this, Lisk will become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network simply as Decentralized Applications (Dapps). This not only makes single features optional, it will also keep the Lisk mainchain streamlined in comparison to other crypto-currencies.
From an architectural standpoint it is rational to apply this modularity prior to the official Lisk launch. Therefore, effective immediately, we have completely removed the current implementation of usernames and contacts from Lisk. In the near future, they will be part of the so called “Core Dapps” which bring new features directly integrated into the client user interface (UI).



The first Core Dapp allows users to create a unique identity on the Lisk network involving information such as username, first name, surname, email, forum/chat username, and/or a description. Dapp developers are be able to access the identity sidechain and use the information within their own dapps, e.g. the name of a Lisk account owner.



Alongside with the other planned Core Dapps (messaging, dapp reviews/ratings, contacts), Lisk not only becomes a decentralized network, it becomes a feature-complete and independent ecosystem. Combined with the many dapps by our users Lisk will form a one of its kind hub for the world, empowering the Internet of Things and motivating many industries.

https://blog.lisk.io/lisk-the-first-modular-crypto-currency-dd3e8df87613

Looking forward to this.

$5 @ launch on polo?

Polo on the first few days can be more than 5 or even $ 10 ... 

Most projects snort a few lines of hopium, I'm surprised you are surprised. Hopefully reality ends up somewhere between a healthy profit and dreaming.

[LiskCryptoFan]

I can't believe Coindesk hasn't been published an article about Lisk

ya they had written
http://www.coindesk.com/press-releases/lisk-raises-over-5-7-million-usd-in-2nd-most-successful-crypto-currency-crowd-fund-to-date/
but are due for more for sure! ;)

That's paid content, hopefully once we have a deliverable they will write about it on their own.

[LiskCryptoFan]

God I want to bet on this (against you)... I think there is such little chance of what you are expecting. Lisk "eating ETH alive" would mean what? 1 billion market cap and ethereum dropping BEHIND LISK?

If so, I'm willing to bet large sums of BTC against you on time frames as long as 24 months.

Only way I see this happening is if Ethereum has some fatal bug and it implodes. But, I don't see LISK catching up to Eth up there and passing it. If Lisk were to reach 900+ million and Ethereum dropped behind LISK I would pay out. No one will take that bet. Period.

"Users who have some experience with Javascript coding will see a lot of similarities with Solidity"

eth itself does not support javascript coding, unlike lisk that does.

Lisk will eat eth alive, just wait

The bet wouldn't make sense. At a 7 million dollar market cap, I'm better off holding onto my Lisk if I really believe i will hit a 900 million dollar market cap. Betting against you wouldn't make sense even if I was sure you were wrong.  With that being said, I don't think you are wrong.  I think Lisk will hit a nice healthy market cap, but to compare it against Ethereum and the work they've done with their developers seems a little pie in the sky.

I rather evaluate this investment on it's own merits. Do I believe it will generate the type of profit that accounts for my time? Yes.

[dzarmush]

I can't believe Coindesk hasn't been published an article about Lisk

ya they had written
http://www.coindesk.com/press-releases/lisk-raises-over-5-7-million-usd-in-2nd-most-successful-crypto-currency-crowd-fund-to-date/
but are due for more for sure! ;)

That's paid content, hopefully once we have a deliverable they will write about it on their own.

They're probably waiting Lisk to pay them for a real article. Fucking assholes. They post all sort of crap but somehow misses the second largest ICO and one of the most promising projects of the year.

[rtrtcrypto]

I'm hoping for a clear road map and hard work from the devs, that (way before 1 billion marketcap speculator frenzy) will get us decent ROI.

God I want to bet on this (against you)... I think there is such little chance of what you are expecting. Lisk "eating ETH alive" would mean what? 1 billion market cap and ethereum dropping BEHIND LISK?

If so, I'm willing to bet large sums of BTC against you on time frames as long as 24 months.

Only way I see this happening is if Ethereum has some fatal bug and it implodes. But, I don't see LISK catching up to Eth up there and passing it. If Lisk were to reach 900+ million and Ethereum dropped behind LISK I would pay out. No one will take that bet. Period.

"Users who have some experience with Javascript coding will see a lot of similarities with Solidity"

eth itself does not support javascript coding, unlike lisk that does.

Lisk will eat eth alive, just wait

The bet wouldn't make sense. At a 7 million dollar market cap, I'm better off holding onto my Lisk if I really believe i will hit a 900 million dollar market cap. Betting against you wouldn't make sense even if I was sure you were wrong.  With that being said, I don't think you are wrong.  I think Lisk will hit a nice healthy market cap, but to compare it against Ethereum and the work they've done with their developers seems a little pie in the sky.

I rather evaluate this investment on it's own merits. Do I believe it will generate the type of profit that accounts for my time? Yes.

[e6ug]

When will Lisk be on polo

[MalReynolds]

Why is there 101 delegates? Wouldn't it be more decentralised with 1001 delegates for instance?  I think it would be better to have more than just 101 delegates, since this is pretty centralized in my opinion. What do you guys think?

Joining this great question. I also think that 101 delegates is way too little and it'll be quite possible to gain control over half of them. Where this number came from? What is the reasoning?

The key reason for only 101 delegates is to support the 10 second Lisk blocktime.  The more delegates there are, the more coordination messages you need between them in a given period of time - and it's not linear growth we're talking about here.  Crypti had a grand experiment called "Proof of Time" (PoT) whose goal was to coordinate large to infinite numbers of support nodes in a very short blocktime.   This PoT experiment failed.  When DPoS was grafted into Crypti, the 101 delegates worldwide were deemed the right number to support round-robin block addition every 10 seconds, based on the PoT experience.  Lisk has inherited this hard-won knowledge.

As for "gaining control of over half of them"...The only way to assure this doesn't happen is to verify people are who they say they are as they trickle in slowly one by one to join the testnet.  I'm doing this right now, documenting their ID credentials and performance in a spreadsheet for all to see after launch.  

That's why it's so important to be a Active Delegate on the test net NOW if you want to be an Active Delegate on the main net LATER.  I am betting there will be 1000+ people who will click the button in the Lisk client to become "Standby Delegates" within 24 hours after launch.  Most of them have no idea that they ALSO need to go off to rent a cloud server and set up totally different Lisk software to run a Delegate node.  How will you pick who to vote for out of that mob?  You won't.  You'll go to a spreadsheet I'm making of the people who have already proven they can do the job of an Active Delegate and have already been vetted to be individuals and not sock puppets.  

And you'll vote for the people in this spreadsheet.  The Team.

Wait until this time next week after launch, you'll understand what I'm talking about.  

[starsnshamrocks]

I'm hoping for a clear road map and hard work from the devs, that (way before 1 billion marketcap speculator frenzy) will get us decent ROI.

Yes, regular updates of the roadmap on trello would be helpful

https://trello.com/b/phawF7x3/lisk

[peer2peer360]

http://www.newsbtc.com/2016/04/04/r3cev-microsoft-enters-partnership/

The use of Microsoft’s Azure services by R3CEV and banking consortium will give then access to the company’s fast-growing blockchain technology offerings which already includes the likes of Ethereum, Ripple, Factom, Alphapoint, LibraTax & Lisk

Peer2peer36o

[geotom]

Anyone reads the recent news? Panama Paper is going to be the most confusing and mindbending "leak" ever according to ALL the mayor Media out there.


Cryptoguys fasten your seatbelts , the shady millionairs heading towards Crypto.

http://mobile.nytimes.com/aponline/2016/04/03/world/europe/ap-panama-papers.html?_r=0

Im thinking CIA psyop until I see a US politico or big businessman fingered by the leak. 
No! We don't want them in crypto. Cannot think of a better excuse for various state appertai to call for regulation of the block chain. ...

[peer2peer360]

http://www.newsbtc.com/2016/04/04/r3cev-microsoft-enters-partnership/

The use of Microsoft’s Azure services by R3CEV and banking consortium will give then access to the company’s fast-growing blockchain technology offerings which already includes the likes of Ethereum, Ripple, Factom, Alphapoint, LibraTax & Lisk

Peer2peer36o

40+ of the world's biggest banks will now have the
Ability to experiment, research, test out all & any partners
Of Microsoft’s Azure BaaS platform..

Bright days are ahead...

This is where crypto 2.o - 3.o matures,
 & enters mainstream financial sector.

[B-MoneyXcan]

I really don't understand all this talk about WAVES and other ICO's in a thread like this. This seems to me more obvious than a lot of previous ICO's to be not as good people want you to believe.
I think WAVES saw the opportunity to get a lot of supporters after the succesfull previous ICO's.

You always have to ask yourself: Why should someone "invade" this successful ICO thread and talk about other investment opportunities, that by the way look pretty similar to LISK's ICO.
Also ask yourself: For a lie, would you take the risk to build up a really nice website, a gameplan and buy in some known people?
Also aks yourself: Would you as a indepentend investor, spread the world crazy about an unique opportunity, or would you hope that not 7Million in cash is supported and you get the investment crazy undervalued?

Be a investor and ask yourself these questions Maybe WAVES is great, but there is no reason to post more WAVES related content, then LISK related content in this thread.


Also check out the newest interview of LISK on Invesd:

https://invesd.org/interview-series-3-lisk/
https://twitter.com/ProjectInvesd/status/713750559480745986

great interview, thumbs up max!!!

in regard of all this talk about waves, i also participated on their sig campaign and was thinking extra btc cant hurt so why not.. but seeing this sig campaign turning into circus i refuse to be their puppet and took off that sig. No wonder Lisk thread is getting spammed as wave puppets needs to make 50 post to get their share on bounty and a lot of those guys participated into lisk Ico so they just keep their activity here ware carrying their sig. I wish them good luck with how they push their business for me its to shady to take part!

Felt the same way about that Waves and removed my signature quick!

[cyberhacker]

I completely agree...
this is the future ...

wow.

with all good news, I think Lisk will soon hit the major exchange, such as C-Cex.

[TorinT]

I completely agree...
this is the future ...

wow.

with all good news, I think Lisk will soon hit the major exchange, such as C-Cex.

I remembered the same good news with Crypti...and where is Crypti now? Oh, sorry, it was transformed to LISK, wich will have the same success.

[StealthCoin1]

I can't believe Coindesk hasn't been published an article about Lisk

ya they had written
http://www.coindesk.com/press-releases/lisk-raises-over-5-7-million-usd-in-2nd-most-successful-crypto-currency-crowd-fund-to-date/
but are due for more for sure! ;)

That's paid content, hopefully once we have a deliverable they will write about it on their own.

They're probably waiting Lisk to pay them for a real article. Fucking assholes. They post all sort of crap but somehow misses the second largest ICO and one of the most promising projects of the year.

it is not surprising me a bit as coindesk is pumping etheroum in almost every of their articles, the etheriem team must of gave lot of eth coins to them seen the beginning of their released. i personally think lisk is a direct competitor for ethereum.