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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3074942 times)
lordoliver
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March 20, 2016, 08:41:23 PM
 #4461

...

Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.

Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnesses

It should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.

The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one...
The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.
jt0461
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March 20, 2016, 08:43:29 PM
 #4462

If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!

If it takes longer and the ICO ends will it still execute the deposit ?

The timestamp is based on the initial BTC exchange so you should be fine.

what is important is that the BTC are confirmed in the blockchain!

Well they have received the ether I sent. They just haven't created a key for me. Therefore, there is no ether in my wallet and I have no Lisk Sad
kingcrimson
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March 20, 2016, 08:45:49 PM
 #4463

I bet we end up with 15-20,000 BTC in
A lot of money going to wait in exchanges thinking therell be a dump
That is when we rocket
lordoliver
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March 20, 2016, 08:45:55 PM
 #4464

If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!

If it takes longer and the ICO ends will it still execute the deposit ?

The timestamp is based on the initial BTC exchange so you should be fine.

what is important is that the BTC are confirmed in the blockchain!

Anyone that postpones its buy even further is self guilty...
I mean, why the hell do you have to wait for the last minutes?
johny08
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March 20, 2016, 08:46:18 PM
 #4465

...

Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.

Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnesses

It should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.

The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one...
The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.

so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy?
iambitcoin5
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March 20, 2016, 08:51:42 PM
 #4466

I bet we end up with 15-20,000 BTC in
A lot of money going to wait in exchanges thinking therell be a dump
That is when we rocket
I hope you're right.  Wink

lordoliver
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March 20, 2016, 08:55:37 PM
 #4467

...

Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.

Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnesses

It should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.

The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one...
The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.

so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy?

no, but if you own a serious amount you can "buy" your delegate for sure, where others with "peanuts" don't get anything. Not a percentage or anything but nothing.
But the amount of coins increases and your percentage is going slightly down with every year.
johny08
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March 20, 2016, 09:01:44 PM
 #4468

...

Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.

Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnesses

It should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.

The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one...
The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.

so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy?

Not sure if trolling or just stupid.

the question is, why not making more as 101 accounts of LISK participating in the new 36.000 LISK forged daily
iambitcoin5
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March 20, 2016, 09:02:08 PM
 #4469

Any price predictions for launch?

LiskHQ (OP)
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March 20, 2016, 09:02:54 PM
 #4470

BTC Counter

The BTC counter on our website and on the ICO website is currently offline, because due to the API changes (Blockr offline) also unconfirmed transactions were added to the counter. To be on the safe side we deactivated it for now. Oliver is currently fixing this issue.


Thank you!


Kind regards,
Max & Oliver


Coinbase - Proof of Funds



Please note that it takes several hours for my slow internet to upload the video. Therefore, the numbers are from this afternoon.

Lisk.io - Blockchain Application Platform
lordoliver
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March 20, 2016, 09:04:13 PM
 #4471

...

Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.

Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnesses

It should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.

The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one...
The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.

yea would be nice, if someone explaines technically, why there has to be that kind of limitation.
so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy?

Not sure if trolling or just stupid.

the question is, why not making more as 101 accounts of LISK participating in the new 36.000 LISK forged daily

I guess because there should be more trust then... but I don't think so...
bitbitch
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March 20, 2016, 09:10:39 PM
 #4472

i don't understand why the decision was taken to have the ICO end in the early hours of the morning European time.
Amph
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March 20, 2016, 09:16:16 PM
 #4473

Any price predictions for launch?

isn't it obvious, entry price is the launch price, why icoers should dump at any less?
decentralize_all_the_thin
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March 20, 2016, 09:19:30 PM
 #4474

HEY! I transferred some bitcoin to the adress given to me on the ICO page. The transaction has been confirmed and 40 minutes has passed after the confirmation. It still says "Awaiting deposit"!! is this normal?
LiskHQ (OP)
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March 20, 2016, 09:20:11 PM
 #4475

HEY! I transferred some bitcoin to the adress given to me on the ICO page. The transaction has been confirmed and 40 minutes has passed after the confirmation. It still says "Awaiting deposit"!! is this normal?

Yes. Takes up to 3 hours.

Lisk.io - Blockchain Application Platform
lordoliver
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March 20, 2016, 09:21:19 PM
 #4476

i don't understand why the decision was taken to have the ICO end in the early hours of the morning European time.

who cares about the ending time. Again: Why should anyone wait until the last minutes, hours or even days?
The people who buy now, do it just because of overhyping. Not because of thinking. They probably don't even know, what lisk is.
Just see the amount and "oh my god". This has to be good, I will buy some...
or even "oh my god, my amount is getting smaller", I will buy more... ridiculous...
Thank god, that the community is still small...
Qbanow
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March 20, 2016, 09:22:10 PM
 #4477

Hello LiskHQ, Could I buy a few more lisk now or I have to wait for the API restore.
Thank you beforehand.
bitbitch
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March 20, 2016, 09:22:20 PM
 #4478

i don't understand why the decision was taken to have the ICO end in the early hours of the morning European time.

Because it's UTC bro, and I think it's cause they are in that area of the world.

but it means they are having to work through the night to monitor and react to issues. why not have it end at 4 pm CET? perhaps a night shift pays double time LOL
Digital_Currency_LTD
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March 20, 2016, 09:24:06 PM
 #4479

Hello LiskHQ, Could I buy a few more lisk now or I have to wait for the API restore.
Thank you beforehand.


I am not LiskHQ, but yes, you can.

Site is slow now, so it will be 3 hours when it will confirmed.
bitbitch
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March 20, 2016, 09:25:07 PM
 #4480

i don't understand why the decision was taken to have the ICO end in the early hours of the morning European time.

who cares about the ending time. Again: Why should anyone wait until the last minutes, hours or even days?
The people who buy now, do it just because of overhyping. Not because of thinking. They probably don't even know, what lisk is.
Just see the amount and "oh my god". This has to be good, I will buy some...
or even "oh my god, my amount is getting smaller", I will buy more... ridiculous...
Thank god, that the community is still small...

i was thinking that it means Oliver and Max probably have to work through the night to keep an eye on technical issues that arise. i want my team to get a good nights sleep.
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