Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
gembitz
on 07/04/2016, 19:05:47 UTC
Quote from: Erkallys on April 07, 2016, 07:00:21 PM
Quote from: MalReynolds on April 07, 2016, 06:54:21 PM
Quote from: gembitz on April 07, 2016, 06:45:49 PM
...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, that requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.  

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

Maybe Lisk is new-fashioned, but mining bring a so big pleasure. Also, you need to buy a lot of Lisk to get a decent income, while with mining that's cheaper. Also, once you get your mining equipement, you can mine all the coins while with PoS you need to sell them and buy another crypto-currency. Also, the electricity isn't wasted because all the production, if not consumed, is also wasted because of the impossibility to stake it.


100% POS/DPoS altcoin schemes sound like something right out of Chuck Ponzis' playbook!   Kiss