Channel: David Hay

Category: People & Blogs

Tags: lisk cryptodelegated proof of stakelisk price predictionlisk predictionlisk reviewcryptocurrency newscrytocurrencieslisk vs ethereumethereumlisk coinlisk priceethlsk coindavid hayrebrandinglisk coin newslisklisk price 2018forecastcryptocurrencylisk cryptocurrencylisk rebrandinglisk dappslisk coin pricewhat is lisklisk walletlisk voting

Description: 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) facebook.com/LiskHQ youtube.com/channel/UCuqpGfg_bOQ8Ja4pj811PWg/videos reddit.com/r/Lisk Git Hub 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 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. youtube.com/watch?v=Rk_0TjP1gjY Summary