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RE: What Do You Know About Lisk?
The idea was to create a smart contract platform where Javascript could be used instead of Solidity, which is the language developed specifically for writing smart contracts on Ethereum. The problem with Solidity is that few people are well-versed in it whereas Javascript skills are very commonplace. Lisk features side chain building tools that are meant to make it easy to build a custom side chain. The LISK currency runs on the main chain, which can be used for an ICO to raise money for your project. That's all I know about Lisk.
$rewarding 25% 11 min
Right, except that Lisk doesn't use Smart Contracts. The entire SDK and all components are written in JS, but there is no actual on-chain code execution.
The consensus mechanism is DPoS and they've been focusing on scalability, though they've been lagging behind with actually releasing their SDK. A lot of projects who originally wanted to build on Lisk have stopped and moved on to other chains.
I used to be a fan of Lisk, they're working out of Berlin, so I know a bunch of people there.
In any case, it's hard to compare the two in terms of market cap. Dapp platform coins, especially with smart contracts, have mostly been a bet on the future. Look Cardano. So on paper we're in quite a good position with Steem. But marketing plays a big role to the price and strong and visible leaders have been making all the difference projecting future success.
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My point was WE NEVER hear about them. and no one hears about us either.
Steem should be marketed. No one knows about Steem-Engine and all it can already do. No one knows about @oracle-d or any other app. All the ignorance and trash talk does have a silver lining which is that I have time to stack up more STEEM while facing less competition. But that's really a sad situation.
Developers in the blockchain space aren't a huge crowd. They are the people Steem should be marketed to. The next level is the general crypto set and journalists in particular.