Lisk vs Ark

I get the impression you’re extremely strong on trade analysis. I love trading but never got too deep into that. I do a bit of super basic TA, but I mainly go by vibe and tech knowledge (I’m a software dev). Dunno where you stand on the tech side so sorry if I’m pointing out rakes of things you already know.

Here’s my two sats.

Lisk - Pros

Lisk focus on JavaScript only. NEO wants to integrate many programming languages (which is why I bought it), Ethereum has its own language (Solidity), but the reality is JavaScript and its cousin on meth (Node.js) are making it possible to code everything in some variant of JavaScript. The idea of the same language being used more or less all through the server stack is unprecedented and this has become possible because, server side, Node is a beast. Even Microsoft, with their “official” languages like C# and VB and the .NET framework are writing their own products with JavaScript/Node stack under the hood. Doing JavaScript and JavaScript only is a good selling point. Businesses will increasingly insist on it.

The reason for the “rebranding” price drop is, as usual, due to crypto investors being hyperactive and, well, suckers. They wanted a price spike from a new logo (that worked so well for NEO, it’s failed consistently since).

Lisk are launching their SDK next year. This is a game changer. It will allow company software departments to build their own blockchains from a graphical interface. These will all be side chains of the Lisk main chain.

The CEO is German in the best possible way. He is here to fuck shit up.

Lisk – Cons

Lisk and Ark share an evolved version of NEOs proof of stake reward system – delegated proof of stake. You get rewards for holding shares in the wallet, but the idea is you spend one token to vote for a forger – somebody who will run a node. You can move your vote at any time. In both cases there are 51 nodes on the blockchain. This makes things much faster, but shareholders need to vote to pick the best candidates in order to keep the thing decentralised. If somebody is shady, you can move your vote. They mine Lisk/Ark and split some of their payouts among their voters. This is where Lisk currently sucks. You have to pick 33 candidates before you cast your vote. It’s not clear and I haven’t seen any wallet payouts.

Lisk – Strat

I’d keep it on exchange and accumulate for the next few months. Ultimately businesses need to have these tokens to run their side-chains and you’ll generate more on the market than messing with the wallet.

Ark - Pros

The Ark business model is more jack-of-all trades. Check the website – they seem to be trying to do everything. They might not find a niche, but they have a great community. That matters – City of Zion do most of the best work for Neo and you can see how Safex is working better since Rich started a community website. Lisk community aren’t there yet. I’ve recently added that to my checklist of “is it a good project?” We’re all in this to get filthy rich, but the communities that get involved and give back to the project tend to do better in that regard.

The big pro is the delegate system. Like Lisk, you spend one token to vote (which you can reassign for free), but it makes you research the person running your node. I had Ark in my wallet 3 days when I got .1 Ark from the person I voted for, and she pays out every 3 days. The best bit is, you get more based on how much is in your wallet at airdrop time. So you can pull everything off the exchange down to the wallet, get max paid, and then move it out to swing trade. There’s a handy spreadsheet that shows how each delegate pays out, linked below – bang in how much you keep in the wallet in the Vote Amount field and you’ll see what each forger can do for you. I voted for del. You can only vote for one person, and it costs one token, so the vote amount is really your wallet balance

https://docs.google.com/spreadsheets/d/1FGo3FkC3uSWXGHatPQyny2brMWjAIJsHFCR-Lhkl_m0/edit#gid=0

Ark– Cons

Business may not like it as much as Lisk – it tries to be too many things. I definitely think there’s a year of great profit making to be had here.

Ark– Strat

You can increase your stack by swing trading on Binance easily and just drop it in the wallet for payout day. Rinse, repeat.