Hey no problem. From your FAQ page on delegates:
The Lisk network is both decentralized and trustless. That means no single entity is in direct control. The network is secured by 101 democratically elected delegates. Whose primary responsibility is to confirm and broadcast the validity of transactions. All Lisk accounts on the network are eligible to vote for delegates registered on the Lisk blockchain. The 101 delegates with the most votes are elected with the responsibility of confirming the validity of transactions broadcast on the network. They also receive 100% of all fees collected by the network and all forging rewards.
With this said you can't mine but you can stake. Staking is done only by the 101 delegates? Again, I'm showing my ignorance here.
Yes, only the top 101 delegates are actively forging and receiving the rewards. Advantages of DPOS vs. POW: - Much less electricity usage - Blockchain can be secured by small devices as well, like a Raspberry Pi - Because it's not competitive (mining) the network can perform faster -> 10 second block time - There is no difference between a "full node" and a "forger". Makes the whole network simpler, simple is always good.  - BitShares founder also said once that 101 dedicated nodes from 101 persons is far more decentralized than Bitcoin with its 15 mining pools. Disadvantages of DPOS vs. POW: - People need to become active to vote for the delegates. Often only 20-50% does that of the whole network. (For this case we implemented Forging Rewards, so that all want to become a delegate. We will see if this helps in this case) I honestly don't know another disadvantage. Anyone has more ideas? I Heard that You gonna sell the Eth You get immediatly In the market, is It correct?
Please see MalReynolds answer. We will accept ETH through ShapeShift, which will directly be converted by them. We will never own ETH for one second. the testnet coin will be destroyed after launch?
Yes, all testnet coins will be destroyed several times during the next few weeks. I.e. we will reset the testnet several times. Signature added.
What I was wondering, from the Lisk.io website it shows you can exchange your Crypti for Lisk but what will be the exchange rate? And if you can exchange them, why is volume still so low on PoloniEx? Exchange rate will be 1300 satoshi. Crypti participants won't receive the 15% bonus, therefore there is no advantage to buy them now. POW is for the security and for building trust . there can NEVER be too much security, regarding money, as everyone will just take it, if he can. If you cant have mining power like BTC you should consider alternatives like DPOS. There is nothing better as POW, if security is the most important argument, and it should be, if you deal with money you cant make compromises. The second most important thing is distribution of coins. Definitly POW wins. Your DPOS advantages are like bibabo bullshit arguments, saying you dont know what you dealing with. |
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So, a few idiots burned all the money they got from XCR ICO and are now moving to yet another ICO to get more money to burn. Then they will move to yet another ICO and so on, very pathetic.
Actually, we completed all core features promised, over a 2 year period, on an initial fundraiser that lost 70% of it's value in the BTC crash. We initially raised the BTC equivalent of about $487,000, but BTC crashed about a month or two after and lowered our operating budget to about $150,000. By not being greedy (looking at you Eth devs) and accepting salaries of $250 a month or less for many on the team (despite having engineers and team members who were worth much more), we were able to continue development with a team numbering up to I think 12 or 15 at one time for the entire initial outlined time period and complete feature development on everything outlined in our initial goals and then some. We can also now say that we have built, open sourced, and launched to the community one of the most advanced core decentralized technologies in the market place and done it on a fraction of the budget of the other major players. The core team members are not moving on to the new ICO or company and feel we have accomplished the goals we set for Crypti, the technology. At this point it's up to the people to use it. It just so happens that 2 of our initial community members who we brought on to help with the development cycle have some really strong ideas on where to go with the technology and want to pursue it on their own terms, which is totally legal and why open source software exists. Just as they have done, so can anyone else in the world who has an idea. We built the core technology that can make so many industries and ideas a reality, all you have to do is try. For those upset about the core network, or forks taking away its potential, I have this to say. Crypti can't be shut down or turned off if you don't let it. If you believe in the network, your investment, and the potential that it has, then fight for it. Tell your friends, tell developers, tell people what it can do. Bitcoin became bitcoin because the core enthusiasts made it happen. Because a few nerdy guys geeked out on what it was and what it was capable of doing and kept spreading the word until they found the right people who pushed it to the next level. Bitcoin still runs because the people run it. No project like Crypti can ever exist without the support of the people, especially those who truly believe in it. It could never run forever off the backs of 5 people, that's just fact. But that's just my 2 cents.... Sorry if I seem a bit offended or emotional, but I think anyone who's been with me here since the beginning can understand. It's been a long road to this point. NO. its having bugs inside and a software development is always a progress, so it cant 'just' be used a piece of paper or a desk. its more realistic and fair to say: we burned the money, we delivered, see, we are good. now we split and continue to develop. and yes, you developed something there is no need to, because there is already eth doing the same, but need more work to be done. if you had invested your time in eth development, the world could have one working product, so the world has now two not ready products, so dont say, you did something for the world, you did it for yourself. period. i support lisk, but invest in Eth, because i never did in clone coins since start of ALTs |
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wie sagt man dasu auf deutsh? kindergarten oder teenie disco ? ja?
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So what is going to be the final cap after ico?
how much is one lisk?
proud to be part of lisk start :-)
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What about Pacmic? Does anyone go into that anymore?
i dont understand. you cant get out your money with pacmic v4 with the halving and this difficulty. and people still buying. thats a guaranteed loss. when you buy now and the s7 still mining until the halving then you get around 70% back without difficulty rising until then. so goodbuy btc :-) |
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The prices for the S5 are low so that my GHS is almost nothing worth.  Before the big difficulty increase, my GHS were 0.75 BTC worth. After the big difficulty increase my GHS is 0.30 BTC worth. This in fact 0.46 BTC (60%) loss. God knows, my GHS is in February only 0.15 BTC worth. R.I.P. S3 after 7 days of mining with s7 as a test I lost 15%, when I resell on the market. Conclusion: Good business for Hashnest, bad for me. :-) |
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Lets see how it works out.
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The new thread is self-moderated, so i will post here. The new project looks very bad. The rise of the price for the coins looks very much as a scam.
Stay away. Dont send them any money. I might be wrong, but for sure not.
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so even two month after release of the sp50, we dont know the price of the this hardware. open community, spondoolies  first making like, hy i am your friend because they need your money and now dont talk with you, not telling your the price like hey, you want to know something, come to our secret thing here, dont say to any one something, come on ,we dont speak with the people anymore, we are special, we are professional now. what i said, i dont need numbers how many devices are sold or something like interesting, but telling the price like for one piece for ten pieces for fifty pieces, cant be too much. Spondoolies Tech, such a son of a bastard, worser then KNC.  |
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What I want to see is a U4 with 4x BM1385 chips in it, the S7 is nice but too expensive for a lot of home users.
Yes, most folks on this forum would love to see the BM1385 chip used in something much smaller scale than the S7 (i.e. fewer chips, fewer boards, etc), but so far Bitmain is still pushing variants of the S7at 1100W+. My feeling is that they are concerned about the impact that the halving will have on the appetite for hash (i.e.new mining hardware sales), and they want to sell as much as they can at a hefty price. yeah, this miner is overpriced. the hardware inside is worth 1000 bucks. 1 TH has the same price as late 2014 but the difficulty rised in that time and in 7 months is the halving, so, not the best deal for us, good one for badmain is guess. |
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Some of the users on this forum made posts where they claim to get free power, where do they get this power from?
Suppose, if you have an antminer s7, it can produce 1btc a month. 1btc is around £200. Hotel accomodation, per night, including electricity and internet: £40 200x6=1200 1200/30=40 So for 6 antminer s7s, you get around £1200 a month. Convert this into money and you have £40 a night! Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night! Not so bad but needs a high capital! what a moron brain could ever think that? |
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a win scenario opens at the price of
0.0008 for 1GH S7 gear
or
0.0004 for 1GH S5 gear
if you want to ROI 20% over 7 months
0.00065 for 1GH S7 gear
or
0.0003 for 1GH S5 gear.
just saying with numbers. dont get fooled or lose money, because others are buying .....
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S5 is the best deal at the moment.
@142 USD it will become unprofitable.
S4 is quite risky, especially if you watch the market closely. There is very less trades there.
S7 will be a good buy @ 0.0012 0.0013
The fact is that with current prices of the s7 you will never return on investment, nor with the s5, when you count the rise in difficulty until the btc halving. the only chance to ROI is with btc price raising. But then its making any sense to buy hash or a miner, just buy btc and hold them. here is my basic calculation: 1000gh: 0.007 * 0,7=0.0049 current difficulty earnings 0.0045*0,35=0.0016 difficulty*1,5 earnings before halving 0.0049+0.0016= 0.0033*230 = linear raising and at the end of 7 months you will earn 0.76 btc, but you paid 1.2 btc. without btc rising your miner is obsolete after the halving, new generation machines took over btc mining or btc will rise, but then its more profitable to buy and hold btc, so you make a gain, otherwise you just cover your loss. I am not a prophet (i wish i could) but saying that right now the hardware price could be overpriced by almost 40%. |
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Just to update, I have now lodged cases with CYCO, the PP in Ticino and the Bundesanwaltschaft (Attorney General). At this stage, it is not even so much about the money they stole anymore. It is about stopping them from ever being able to do this again. One way or another, that has to happen....
J
boy, they got screwed by the chinese. built then 3000+ miner and did bancrupt, with all their money. you cant teach giorgio, the stupid, stop trying  |
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the problem was that masseratti giorgio didnt tell the community the truth from the beginning, so their business could go on and scamming more people.
It was never an open decentalized community company.
wish giorgio to rott in hell, the others as well. even zephirs, mouth was shut down, who was a good member of the community to give an inview in the process. i guess he could not different after buying shares of bitmine.
(good giorgio can not close this thread as he did several times with the 'official')
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And now we are at 16.6 cents. 100% rise. Its a complitly Ponzi! Just the jump last week was 20% (!) percent, instead of 2%. I would suggest everyone to get the fingers away from this product. After half a year of a ponzi life (start february) you can think, now the whales are coming inside and then three months later its makes boom. Its kind of nerdy ponzi, but 99% ponzi. Early investors just waiting to get out. Nothing more or less. No developer would spend so much time answering all the time the same questions here. You would have no time to work seriously, IMO. |
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Can someone tell me what token owners get in return?
Agoras will be an economy offering many new features, like trustlessly hiring programmers (as in the blogpost Code and Money), or hiring other professionals (c.f. Bitagoras), or computer resources (like Zennet), or release coins for any provable "thing", at the sense of tau's proofs. All Agoras' markets will have one coin. Those coins are being pre-sold, and the msc intermediate token is only for buyers to have something transferrable in hand and will be converted to the real coins. So the msc tokens will cease being operational upon Agoras' genesis where the actual coins take place, and the buyers get a share on Agoras economy. Okay, so it's like "app fuel" for one or more markets? But it seems it's not possible to objectively estimate future "value" of such tokens, so how is one supposed to figure out whether to buy or not? checking out the blog might help get a better understanding of the system and how and in what ways things can and are implemented into tau. http://www.idni.org/blogthis one likely gives the best picture of its abilities and maybe future worth http://www.idni.org/blog/post6 Augora is not nothing more, what can not be programmed on Ethereum. Please correct me if I am wrong. Please, argument with links or examples. Thank you in advance for great conversation. |
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Besides the above explanation that even if it's overvalued, the whole deal is still fair,
I have no idea why you think it's overvalued. I think it's undervalued. Please reconsider the value of what we're talking about here (Agoras).
I have not dismissed it yet and agree that it is potential undervalued in its completed form in the future. i haven't finished reading everything but have been reading more and more throughout the day . Just the things i have wittnessed time and time again in the crypto scene regarding ipo coins is , large target funding goal requests during an IPO, leading to less interest and thus less investment in the initial funding stages, leading to a slower development/implementation of the idea. is it possible to get a rough idea of how many coins have been sold up until now or is that private info for the time being? The info is all out there publicly. Less than 10% of coins were sold (much less). and when is the selling of the coins over? We have to know that, as someone wants to buy, when the project seems to be successfull already. |
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HashCoins is on cloud mining as HashFlare https://hashflare.io. Can a customer of HashFlare post current earnings for SHA-256 in BTC ? (Maintenance fee, payout) How often do you withdraw money from your account ? (eg. daily, weekly, monthly) I tried on the 11.08. No sign of live until now. Last time i withdrawed was in July. I contact them something like every 3 weeks to get the money out of my account. |
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only 7.5 cent per coin 
