What is Lisk? Are the Rebranding Rumors True? ???????????? Lisk uses JavaScript not .NET

29,093 Views · Posted 6 years ago

I made a mistake in this video Lisk uses JavaScript not .NET.

In today's episode of Crypto Riot I review Lisk and talk about it's upcoming Re-branding on February 20th.

Name of coin: Lisk
Trading symbol: LSK
Launch Date:August 2016 wtih a sucessful ICO
Main People Involved with Experience
Market Cap: 2.3 Billion Dollars

Current Price: $20.24
Available exchanges: Bittrex, Binance, Poloniex
Social Media Links (Facebook, youtube, twitter, reddit, telegram)
https://www.facebook.com/LiskHQ/
https://www.youtube.com/channel/UCuqpGfg_bOQ8Ja4pj811PWg/videos
https://www.reddit.com/r/Lisk/

Git Hub
https://github.com/LiskHQ 1.6k Developers = 1.8 million each

Rebranding was due end of 2017, devs pushed it back to Feb 20th and coin dropped 20%

Antshares saw a big boost when it was rebranded to NEO
https://coinmarketcap.com/currencies/neo/
$16 - $47 - 300% increase

Proof of work/Proof of Stake (Mining protocol)

Delegated proof of stake system with 101 most voted Delegates that verify transactions become the main nodes

1000 delegates on the waiting list. Encourages people to build apps encourage votes.

Similar system to Steemit and Bitshares

Three Best Youtube Explainer Videos

Main Pros

Allows for javascript instead of solidity. Much easier for web developers and existing people to use, lowers barrier of entry

Side chains allow quick adoptions of dapps, with customizeable features. Lisk was the first to use side chains as a way to allow for companies or individuals do create their own blockchain. These side chains can use different mining algorithms and have custom settings depending on what's needed.

10 second block time is much faster than bitcoin/litcoin

Disadvantages

When the price goes up it makes it expensive to send. $3.20 per transaction
Javascript isn’t a fast programming language. C++ is much faster. But the bottle neck to running dapps right now isn’t the programming language speed.
Tough competition from Cardano, Ethereum & EOS

Marketing and logo is cheesy.
https://www.youtube.com/watch?v=Rk_0TjP1gjY

Summary

Video Tags

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