Bitcoin Forum
May 23, 2024, 08:38:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
841  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 15, 2016, 09:06:21 AM
Lisk is now part of the Microsoft Azure Blockchain as a Service program.

Quote
Lisk aims to revolutionize decentralized application and blockchain technology. Powered by its own crypto-currency Lisk, the platform allows developers worldwide to easily deploy their own custom blockchains, and program decentralized applications on top of them, using the highly accessible programming language JavaScript.

They will provide guides and ARM templates to use Lisk for the Internet of Things, custom blockchain deployment and development of decentralized applications. We want to make this experience as easy as possible for JavaScript developers, using the Microsoft Azure cloud platform.

https://azure.microsoft.com/en-us/blog/azure-blockchain-update-6/



i have invested in Lisk but i don't think the microsoft news is that great.

Are we thinking of the same microsoft , the company that has famously for the last 30 years assimilated and destroyed open source projects for their own selfish gains?

The company that has destroyed open source projects so they don't actually have to come up with anything innovative themselves?

The guys at microsoft are not idiots and have spend their entire existence aggressively destroying any company that has posed a threat to them and their profit margins . The guy never claimed anything about his own intelligence being greater that that of microsoft or anything about a job or trying to become a CEO , such jumps to wild conclusions to a guy who only said , "it's not that big of a deal." when its very likely we will find out in the future anyways if it is good or not

I think it will definitely help adoption and spread the word and get more people using the coin, but do Microsoft have any hidden motives? most likely, history has shown us, that they almost always do.

You do realise that Microsoft has a new CEO who is absolutely amazing? Since he became the CEO the Microsoft shares went up 1.5x in value. Many are now starting to believe in Microsoft again. They became big supporters of open source and JavaScript.


-what are you going to do for standardisation or guidelines etc. for smart contracts? where do you see javascript limits?
-what about anonymity, privacy or just a fact, that, when i have to show my smartcontract to others, to confirm its legit, any one can copy it? maybe i am wrong, what are basic solutions? what about copyright?
-encryption?
-data storage? your choice is in alpha/beta development, how dependant are you from them?
-centralisation and decentralisation of your chosen proof of stack algo?

1. We are doing dapps not smart contracts, however with Chain of Things we are researching possible standardisation and ways to work together.
2. Just because code is open source doesn't mean others can simply copy it. If you have enough trust you can also hide the source code.
3. What is "our choice"? We haven't implemented a specific storage provider.
4. We had lengthy discussions about this. Go to page 150. Smiley


Best ICO of 2016 so far.A lot of people have marked this coin as 'long-term'.

It certainly is. Smiley






Lisk Crowd-funding for Dapp's
A dapp which will allow to crowd-fund different dapp ideas.

http://forum.lisk.io/viewtopic.php?f=8&t=25


Mesh Networking with Distributed Storage
Using mobile devices, stationary nodes or dedicated autonomous drone routers to provide a mesh network. A token on a Lisk sidechain would create an incentive and the sidechain would also secure it. The mesh network also makes creates a decentralized cloud / distributed storage for data.

http://forum.lisk.io/viewtopic.php?f=8&t=26


LETS BET ON IT
Bet on an provable event. You can propose a bet, make a one-on-one (private) bet, or a group bet. It's similar to a prediction market.

http://forum.lisk.io/viewtopic.php?f=8&t=28


US JOBS Act Compliant Equity Crowd-funding
A dapp which will allow startups to sell small amounts of shares directly to a crowd. Similar to micro investing.

http://forum.lisk.io/viewtopic.php?f=8&t=30


D'cypher & D'Mixtape
A platform for musicians (especially Rap artists) to get paid for their rap cyphers (lyrics) and mixtapes. Users who see or download them need to pay a small amount directly to the artist(s).

http://forum.lisk.io/viewtopic.php?f=8&t=31


Crowdsharing Dapp
Crowd-funding the other way around. A crowd comes together and donate money for an unknown cause. Once the crowd-fund is done, the donors can vote (equivalent to their donation stake) for what idea the money should be used.

http://forum.lisk.io/viewtopic.php?f=8&t=32


Proof of Existence Dapp
A dapp in which you can select local files on your computer and save the hash from them into the dapp sidechain. Together with your account number and timestamp this will be an alternative to notaries/contracts.

Alternatively the file can also be uploaded to IPFS.

http://forum.lisk.io/viewtopic.php?f=8&t=33


Dust | An In-Development Decentralized Trust Platform
A decentralized trust platform, in which others can vouch for people or rate them. Similar to BitRated.

http://forum.lisk.io/viewtopic.php?f=8&t=34


Time Capsule
Record information to the sidechain and set a date/time in the future at which the information will be released. Technically, this means the private key to the encryption will be made public at a specific block height.

http://forum.lisk.io/viewtopic.php?f=8&t=35


Encrypted Storage of Contacts and Messages
This dapp will store contacts and messages of a Lisk account encrypted in the sidechain.

http://forum.lisk.io/viewtopic.php?f=8&t=36


Decentralized Casino Dapp
A casino game which doesn't rely on a centralized house stake. Everyone can participate in the casino on both sides, as the gambler and as the house. That means someone could give money to the casino which others can win, but if they loose he would earn the money from them.

This idea would remove any central figure in the casino and makes it truly decentralized.

http://forum.lisk.io/viewtopic.php?f=8&t=37


Dapper - a Graphic Editor for Dapp Creation
A dapp which helps you to build your own dapp though a user interface. You could simply click the logic by using pre-written commands.

http://forum.lisk.io/viewtopic.php?f=8&t=39


Decentralized Crypto Exchange
A decentralized exchange to trade crypto-currency against LISK.

http://forum.lisk.io/viewtopic.php?f=8&t=40


Coupon Exchange
A register of coupons for various online shops and services. The coupons can be up voted. An incentive can be created by reward those who upload coupons.

http://forum.lisk.io/viewtopic.php?f=8&t=41


Peer Trader - Decentralized Crypto Trading
A decentralized exchange for 2 currency pairs.

http://forum.lisk.io/viewtopic.php?f=8&t=42


Video game / App Store
An app store for video games, in which small development studios could add their games. In comparison to the traditional app stores they won't have to pay 30%+ in royalties.

http://forum.lisk.io/viewtopic.php?f=8&t=43


Decentralized Tumblr w/ Monetisation for content creators
A decentralized platform for content creators to distribute and sell their art pieces (pictures, soundtracks, lyrics, poems, stories..). They can create a Tumblr like profile/blog stream to show their art pieces. People can then upvote/re-blog them and buy the art pieces.

http://forum.lisk.io/viewtopic.php?f=8&t=45


Teenagers 14-17 Job search
A platform for teenagers to find jobs in their area. The teenagers could also directly get paid through the platform or get reviews by their previous bosses.

http://forum.lisk.io/viewtopic.php?f=8&t=48


Billing for utilities services
Only pay what you use. With this dapp utility companies, condos administrations, hotels and AirBnB users could only charge the exact amount of water/energy/gas used. Combined with an IoT device they could even stop further access.

http://forum.lisk.io/viewtopic.php?f=8&t=49


Coin Multiplier Matrix
A pyramid scheme. Every user send a fixed amount of LISK to the scheme. User 1 gets the LISK of the 10 following users. User 2 of the next 10 and so on. This way a user would get 10 times more LISK. Early adopters will be the only ones who will benefit from this.

http://forum.lisk.io/viewtopic.php?f=8&t=50


Lisk Randomizer
A lottery dapp. 10 people would always buy tickets, and 1 winner would be elected between them. The next 10 people do the same. This way the 10 people always have a 10% chance of winning.

http://forum.lisk.io/viewtopic.php?f=8&t=51


Decentralized Prediction Market
People can bet on events, the correct outcome is evaluated by reporters.

http://forum.lisk.io/viewtopic.php?f=8&t=53


E-Sports Betting
Place bets on electronic gaming events. Either utilizing a custom token or directly with LISK.

http://forum.lisk.io/viewtopic.php?f=8&t=55


Movie Box Office Stock Exchange
Betting on box office grosses or actors. The assets (movies/actors) could be sold or traded, similar like on a stock exchange. See the "Hollywood Stock Exchange" for reference.

http://forum.lisk.io/viewtopic.php?f=8&t=56


Sectrials, enforcing Clinical Trials data collection safety
Securing clinical trials data on a Lisk sidechain.

http://forum.lisk.io/viewtopic.php?f=8&t=58


GiveMeCredit
A reward and voting dapp for articles in the internet. Demo

http://forum.lisk.io/viewtopic.php?f=8&t=60


SatekPro Distributing Satellite Image Processing
Providing a universal market for processing available satellite images.

http://forum.lisk.io/viewtopic.php?f=8&t=61


Decentralized Autonomous Network in Elastic Lisk Safecoin
A system to auction computation power, e.g. for mining other coins.

http://forum.lisk.io/viewtopic.php?f=8&t=63


Startup Vote Donation
Donate money and in the same time vote with your money.

http://forum.lisk.io/viewtopic.php?f=8&t=64


Universal basic income
Create tokens which can be given to homeless people. With these tokens the homeless people can buy food at special shops.

http://forum.lisk.io/viewtopic.php?f=8&t=46


Decentralized Autonomous Corporation
The funds donated to the corporation is in complete control of the community. That means the corporation is dependent by their votes and can be managed decentralized.

http://forum.lisk.io/viewtopic.php?f=8&t=65


Point of Sale dapp
It accepts payments without card terminals

http://forum.lisk.io/viewtopic.php?f=8&t=66


ATLASS - P2P Autonomous Transport and Storage
Selling and renting vehicles in a  decentralized fashion. This will allow fully autonomous vehicle renting.

http://forum.lisk.io/viewtopic.php?f=8&t=29


Delegate Profit Sharing
A delegate pool dapp, which distributes delegate earnings to its voters.

http://forum.lisk.io/viewtopic.php?f=8&t=27


Trustament - A Deadman Switch Dapp
The dapp sends encrypted messages to specified recipients via email and/or other media in the event the account balance goes beneath a threshold or the user fails to sign in within a specified time interval.

http://forum.lisk.io/viewtopic.php?f=8&t=24


Autonomous Bullion ATM Vault Backed Currency
A secure ATM which checks if the bullions aren't counterfeit. The owner gets a receipt which confirms that.

http://forum.lisk.io/viewtopic.php?f=8&t=67


Autonomous Fiat ATM Backed Digital Currency
A secure ATM which checks if the provider has access to enough FIAT money.

http://forum.lisk.io/viewtopic.php?f=8&t=68


LiskBet
Blockchain based sports betting dapp.

Full details: https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit

http://forum.lisk.io/viewtopic.php?f=8&t=69
842  Local / Announcements (Deutsch) / Re: [ANN][LISK] Lisk | ICO | Dezentrale Anwendungen & Sidechain Plattform on: March 14, 2016, 01:58:41 PM
werden die xcr verbrannt?

Nach dem ICO werden wir mehr Infos dazu veröffentlichen.
843  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 14, 2016, 12:35:04 PM
Ok, few questions that seem to have been scrolled past without answers:

Have you found a dev, or put together a team yet?

Have you any breakdown for how this ICO is being spent?

Cheers.

We have a developer. We will hire more developers once we get access to the money. Funding breakdown will be published in our business plan later. We are far too busy right now we answering tickets and questions, promoting Lisk and preparing it for the launch. Also we are still discussing quite a few things, due to the huge amount we collected so far we can make Lisk fundamentally better than initially thought. That is extremely awesome, but also requires a bit more planning/thinking.
844  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 14, 2016, 10:32:32 AM
Question for Max / Lisk Devs -

I'm sure you guys are familiar with NXT 2.0 design proposal and how it solves the blockchain scalability problem.

From what i understand of the lisk technical design, it is very similar to NXT's sidechain solution but with a turing complete layer and a slightly different consensus model - DPOS instead of POS.

Now my question is this - Does this mean that all the advantages of NXT 2.0 when it comes to scalability and blockchain bloat are also applicable to Lisk?

Is Lisk a NXT 2.0 inspired, Ethereum alternative with Bitshares' consensus model?  Grin Grin Grin

Honestly, I'm not all that familiar with Nxt 2.0. Main reason is, because there is no summary or white paper. I won't read over dozens of pages in a forum to know what it is. Smiley

I just know that there is something going on with child chains, fNXT and so on. I think it's a bad idea to split the coins, but due to my limited knowledge about it I can't make a profound statement.

It would be great if you can give me a short summary.

Lisk is definitely Nxt inspired, but not Nxt 2.0. We are also inspired by BitShare's DPoS. From Ethereum we took no ideas as far as I can see. Smiley


Thanks.
845  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 14, 2016, 12:12:10 AM
Would developers be able to deploy working DApps directly on the blockchain, without requiring a web site? It's pretty weak that most sites running ETH DApps still require a domain system to operate.

What will the discovery mechanism for that be?

I think the following would be really good for a first DApp - decentralized forum, where people can discuss DApp ideas and form dev teams


You need to access the dapps through our dapp store. The dapp is either hosted on the node you are using, or your own computer. That means you don't need to rely on a centralized server for the dapp.

If you still want to do it, then it's unfortunately not possible right now. In the future we will obviously add the option to access a dapp through a domain on one server. Smiley

I thought there is integration with Sia though.


I'm talking about the installed dapps a user is using. Not where the dapp data is stored. Anyway, we removed Sia. It was absolutely not suitable for our system. In the future we are going to implement IPFS.
846  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 11:35:47 PM
Would developers be able to deploy working DApps directly on the blockchain, without requiring a web site? It's pretty weak that most sites running ETH DApps still require a domain system to operate.

What will the discovery mechanism for that be?

I think the following would be really good for a first DApp - decentralized forum, where people can discuss DApp ideas and form dev teams


You need to access the dapps through our dapp store. The dapp is either hosted on the node you are using, or your own computer. That means you don't need to rely on a centralized server for the dapp.

If you still want to do it, then it's unfortunately not possible right now. In the future we will obviously add the option to access a dapp through a domain on one server. Smiley
847  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 11:10:16 PM
Any idea what the expected price on launch is? Or is it too soon to ask??

Depends on investors. I analyzed previous projects and expect at least x10 in a few weeks. But less experienced investors might sell at x3 or less. You never know.

In your x3 to x10 analysis, did you factor in that people are trusting a college student with millions of euros?

Can he compete with Vitalik as a CEO if he's balancing this project and 40+ hours per week trying to finish an engineering degree?

For your interest. I'm full time Lisk. I obviously canceled all my exams. Right now I'm working over 100 hours for Lisk every week. I cannot compete with Vitalik on mathematical/theoretical dicussions. If we talk about user experience I'm miles ahead. For other characteristics I don't know Vitalik good enough.

Personally, I like to compare Lisk's approach to Apple's. We build an all-round solution here: Dapps, Sidechains, Dapp Store, Clients, Explorer, Faucet etc. with the best possible user experience for our users.

Medium long-term (6-12 months) we are tackling the mainstream crowd. Looking outside of the crypto-currency community, getting fresh blood into Lisk. To do this, we need to make some drastic changes and bold moves. However, Oliver and I definitely know what sort of applications a "regular user" can manage and what areas of a crypto-currency platform should better be hidden from them.
848  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 07:13:53 PM
How is anyone going to get votes? What's in it for the voters? Is this a popularity contest?

Voters are going to vote to get something out of it. So then they all join a pool (who might steal a little weight from each one). Then how will this be decentralized?

This whole system is a recipe for centralization at every turn. First you exclude entire countries by imposing unreasonable liabilities on signatories, then you must join a pool to make it worth your time to vote and even then there is no guarantee that you will get representation for your vote.

In the end, people will vote for Donald Trump because he is a well funded showman, and Chase bank because they have the lawyers to combat the agencies.

You have completely ignored the exposure of signatories to liability by making them reveal their identities.

Voters will vote, because 1. they might get LISK and even more importantly 2. they secure the whole network with their votes.

Why do we exclude entire countries? Where did I say you MUST join a pool? People don't need to be completely public, a well known username is often more worth than a real identity.
849  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 07:05:29 PM
So, that means that you guys have already set up arrangements with exchanges to add Lisk?

I understand when you do not want to announce it before coin release. However, when will this information be officially announced?

Which will be the exchange where Lisk will be available? (exchange with BTC for example)

We can't disclose this information. It's a matter of the exchanges if they want to announce it already or not.


It's not like I don't "want" to disclose the information. I just "can't". We will announce it as soon as possible.
850  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 06:48:37 PM
Quote from: LiskHQ

One question to you guys. If we now have your system and a group with 20% of all LISK. These guys can now split the 20% LISK between 20 accounts and vote 20 delegates into the top 101, which will stay there forever.

Where is my thinking error? The current system would be much better, because it could prevent it. Your system couldn't do anything.

Yes you are right, but the cost would be 20% of Lisk to grab 20 spots, instead of 1% to grab 20 spots

Please see my post above. It seems you don't understand our current system. With 1% you will never grab any seat at Lisk. Not if you are on your own and alone to vote for yourself.

I hope I am, I will read the docs again. My numbers might be off, but I think I am not off on the concept. Never the less, please do not take this as FUD, as I am heavily invested and am interested in grabing a delegate spot, hence why I am concerned that the delegate system might be taken "advantage off".

Thanks for answering my questions.

Also take a look at our blockchain explorer for Crypti: https://cryptichain.lisk.io/delegateMonitor

There you see that even though we own over 62% of all Crypti you will still need about 10M XCR to get control over the Crypti network.
851  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 06:35:33 PM
Quote from: LiskHQ

One question to you guys. If we now have your system and a group with 20% of all LISK. These guys can now split the 20% LISK between 20 accounts and vote 20 delegates into the top 101, which will stay there forever.

Where is my thinking error? The current system would be much better, because it could prevent it. Your system couldn't do anything.

Yes you are right, but the cost would be 20% of Lisk to grab 20 spots, instead of 1% to grab 20 spots

Please see my post above. It seems you don't understand our current system. With 1% you will never grab any seat at Lisk. Not if you are on your own and alone to vote for yourself.
852  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 06:32:39 PM

If the voting weight was split between selected delegates instead of same weight applied to all selected delegates, there would be more incentive for said whales to accumulate more Lisk to grab more spots and in-process have greater profound interest in its success.  lets put it this way, if they get spot #80, they get addition 21 spots for the price of one.

That means someone who owns 1% of all LISK will ALWAYS be in the top 101. Someone who owns 2% can ALWAYS provide 2 delegates. Nobody could do something against that ever.

I will think more about it with Oliver.

If someone owns 1% Lisk and he grabs sit #80 he will also be able to grab all the sits 81-100 without additional investment.  I dont see a single benefit to this.

That's not true. If he owns 1% he can't do anything. At Crypti you needed about 20% of all XCR to be at #80 without any other votes. Due to the forging rewards at Lisk, I suspect this number to be higher in our case.

It seems like you not entirely understand our system. Please read https://lisk.io/documentation?i=lisk-docs/README. Smiley
853  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 06:13:02 PM
Lets say 5 to 10 whales have enough supply to grab sit #80 that means all they have to do is put the same weight on 21 more delegates of choice and they will also have sit 81-101.

I hope you saw my post on the last page?

I did, there was nothing in-regards to my statement above.  My concern is not for a "51%" attack. Its the fairness of delegation system.

If a group of whales coordinate and put all their voting weight on a specific delegate to get him spot #80, that means they have the ability to do the same for spot 81-101.  The closer they get to #1 spot the more delegate spots they will own.

Yes. If they come to the 50th delegate, they can make a 51% attack. If we now assume the 50th delegate only has an approval of 40%, then an attack indeed only need 40% of all LISK. But 40% is already a big sum, not easy to acquire. And then they have a financial incentive to secure the network.

These "groups" you describe fits very well into the picture for Bitcoin mining and Nxt forging pools I described earlier. If a large enough group of people come together they can attack any system.


If the voting weight was split between selected delegates instead of same weight applied to all selected delegates, there would be more incentive for said whales to accumulate more Lisk to grab more spots and in-process have greater profound interest in its success.  lets put it this way, if they get spot #80, they get addition 21 spots for the price of one.

That means someone who owns 1% of all LISK will ALWAYS be in the top 101. Someone who owns 2% can ALWAYS provide 2 delegates. Nobody could do something against that ever.

I will think more about it with Oliver.


Edit:

One question to you guys. If we now have your system and a group with 20% of all LISK. These guys can now split the 20% LISK between 20 accounts and vote 20 delegates into the top 101, which will stay there forever.

Where is my thinking error? The current system would be much better, because it could prevent it. Your system couldn't do anything.
854  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 05:06:45 PM
Lets say 5 to 10 whales have enough supply to grab sit #80 that means all they have to do is put the same weight on 21 more delegates of choice and they will also have sit 81-101.

I hope you saw my post on the last page?
855  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 04:35:04 PM
Which will be the exchange where Lisk will be available? (exchange with BTC for example)

We can't disclose this information. It's a matter of the exchanges if they want to announce it already or not.


My question has not been answered yet. Isn't anybody here who can answer it?

I would like to join the signature campaign. Is it only available for Full Member and above because I do not see code for Member and Junior Member?

You can get credit just by putting a link to lisk in your signature.  BUT!  I think the signature bounty is over.

Yes, this bounty campaign is over.  Smiley
856  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 01:25:11 PM
Tell us your best Dapp ideas & win great prizes!

Only 16 hours left to participate and submit your idea!


Decentralized applications can be thought of as the “bread and butter” of Lisk. Therefore, in order to provide our Lisk Dapp developers with the inspiration to get coding dapps as soon as possible, today we are starting a contest for the best Dapp ideas.


Contest Details

Make a concept for your dream Dapp, and post it to our official forum on the “Decentralized Applications” board. Your concept can contain descriptions, images, diagrams, projections and code. The more elaborate your concept is, the higher your chance of winning.

The contest starts with this announcement (7th March) and ends on the 13th March, at the same time as the BTC exchange bonus drops from 5% to 0%. Please note, early submissions will have no greater priority over later submissions.

We (Oliver and Max) will elect the three winners ourselves, based upon feedback from the community. Winners will be chosen based on the ideas which we feel will draw the biggest attention, and create practical use-cases for the Lisk network.

Everyone can submit as many ideas as they want. To avoid someone submitting an idea before you have completed a submission, you may briefly describe your idea in a forum post, and then enhance that submission over the course of the week with further materials.

Decision criteria

- Quantity and quality of the concept materials (50%)
- Benefits to the Lisk ecosystem (30%)
- Feasibility (20%)


Prizes

The best three ideas will get their own video similar to this one, which can then be used to promote your idea to potential investors, the Lisk community or business partners.

Additionally, we will give out a Raspberry Pi 2, Raspberry Pi 3 and Lisk T-Shirts, according to the following prizes:

- First prize: Raspberry Pi 3 + Lisk T-Shirt + Video
- Second prize: Raspberry Pi 2 + Lisk T-Shirt + Video
- Third prize: Lisk T-Shirt + Video


We shall also use the Dapp ideas and videos to promote the Lisk platform to potential developers. All concept materials will be made public, and will be placed in the hands of the whole Lisk community



Blog Post Announcement



This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

You assume that the first 51 delegates have less than 33% of all votes. Where you got that number? Smiley

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

Yes, people don't need the majority of coins, but only the majority of votes to have temporary control. This is due to the fact that all Lisk users elect the delegates.

It's not true that you state that no other blockchain system has this weakness. ALL others have this as well, but just in a different aspect.

In the case of Proof of Stake coins, the attacks obviously come back to the amount of coins you own. Therefore you can either take the total of coins you need as an argument and the centrality of the pools.

Nxt: There are currently only 411M NXT forging in "forging pools". 11 of the biggest pools have over 50% of all forging power. Due to only 411M NXT forging, you only need to have a bit over 20.55% of all NXT (411/1000*0,5=0,2055). That means NXT is attackable to 20.55% attacks as far as I see it.

In the case of Proof of Work coins, you can only use the pools hash rate as an argument.

Bitcoin: Individual mining is irrelevant. Pools are the only option. There are currently only a handful of pools with a hash rate worth mentioning. Already the top 2 pools have over 50% of all mining power.

What does that mean? It means that crypto-currencies are more centralized than commonly believed.

But! These numbers are all temporary. Same as with Lisk.

In the case of Nxt, the users can
- remove the NXT lease from the forging pools.
- forge on their own to make the total of all NXT forging going to near 100%.
- withdraw their NXT from exchanges who are exploiting their big stake.

In the case of Bitcoin, the users can
- switch pools
- use P2Pools
- Mine on their own again (questionable)


What does it mean for security? In my opinion Proof of Stake is more secure, due to the financial incentive. Why should anyone attack NXT with his own 20% of coins, for which he paid a big amount of money. Of course this argument is more philosophical than mathematical. In terms of pool power Nxt is more decentralized than Bitcoin. In Lisk case the number of "pools" = delegates are even higher.


Let's get back to Lisk. If an exchange owns so many LISK, the users can at least see and countercheck easily if the exchange is voting with these LISK. It's all visible with this API call:

Code:
/api/accounts/delegates/?address=address

If you don't know the delegate address of an exchange, only the address of the regular exchange account, then this API call helps you out:

Code:
/api/delegates/voters?publicKey=publicKey

For example on our test network for the delegate 'genesisDelegate52':

Code:
https://login.lisk.io/api/delegates/voters?publicKey=07868b5b97233eb5ce301edfd16601e1ecf2661481b39a0bdea59391104dc42c

Results in:

Code:
{"success":true,"accounts":[{"address":"17649443584386761059L","balance":0},{"address":"12475940823804898745L","balance":2010000700},{"address":"10264531957766216184L","balance":8870000000},{"address":"14219782977503476609L","balance":54650000000},{"address":"9564105524193969327L","balance":79200000000},{"address":"14351749629158385068L","balance":79240000000},{"address":"800918319007426191L","balance":79690000000},{"address":"11339622397070425761L","balance":79790000000},{"address":"10552444389043734240L","balance":79900000000},{"address":"4838376936255854793L","balance":79980000000},{"address":"9363468559265530069L","balance":79990000000},{"address":"13496593907171241705L","balance":80300000000},{"address":"7797118170050130947L","balance":88490000000},{"address":"13278231667654341222L","balance":89100000000},{"address":"13667581226236683784L","balance":89580000000},{"address":"14968906762435933462L","balance":89700000000},{"address":"2970227194578908531L","balance":89700000000},{"address":"13921127593811670351L","balance":89800000000},{"address":"14636091225572299068L","balance":89800000000},{"address":"16075773430694729476L","balance":89800000000},{"address":"2465376505472839010L","balance":89800000000},{"address":"8797390455410370280L","balance":89800000000},{"address":"10589996627203409984L","balance":89900000000},{"address":"13006468928470284770L","balance":89900000000},{"address":"14080308827940367132L","balance":89900000000},{"address":"12248536304420527538L","balance":99800000000},{"address":"14624302329273634583L","balance":99900000000},{"address":"15806643322935220312L","balance":179500000000},{"address":"930710356977214870L","balance":477570000000},{"address":"40565469756652219L","balance":1048000000000},{"address":"13929185126330236760L","balance":1076470000000},{"address":"12771083228258353736L","balance":10074300000000},{"address":"2686619600065520376L","balance":9599849950000000}]}

If an exchange is abusing his power, people can see it and act. In this case they can withdraw the LISK from this exchange (decreasing the voting power of the exchange) and voting with the withdrawn LISK for other delegates (increasing the difference to the exchange even further).


Also, it's not a 51% attack. It is a 100% attack by a minority holder. A minority holder can control 100% of the security mechanism. That can't be said of Bitcoin or any PoS system.

A "51% attack" is just the laymen term. It's in fact a ">50% attack" and every ">50% attack" automatically is a "100% attack" as well, at least practically. If you own the majority of a system, the system is yours.

You are again wrong that this can't be said about other systems.

- At Bitcoin someone who owns 0 BTC can have the most mining power and control the whole system. (It's possible, but unlikely)
- At Nxt someone who owns 0 NXT, but received over 20% of all NXT as leased NXT can control the whole system. (Extremely unlikely)

- However, at Lisk someone with 0 LISK will have it EXTREMELY difficult to find the trust of the community to get enough votes for 51 delegates. That means he needs more votes (LISK amount*10^8) than the 51th delegate received in total from the whole network.  

This is the networks responsibility to vote accordingly and get the best security out of the DPoS system.


I'll accept that this is a reasonable system if a balance vote is split among the 101 delegates. For example if a wallet has 101 LISK and votes for 101 delegates, each would get 1 LISK worth of vote.

This won't work. Everyone would only vote for himself and everyone who owns more than 1% LISK could run at least 1 delegate forever. This is unfair, because nobody else could prevent him from doing so.



How we get more people voting:

We will introduce a "Forging Pool" in the future (as a dapp). Delegates can run them on their nodes and register their delegate account on the sidechain. With this pool the delegates can then distribute a part of their earnings to the voters automatically every X days.

This will create an incentive for users to withdraw funds from the exchanges and vote for trusted individuals. In order to confirm trusted individuals, we will introduce an "Identity Dapp" in the future, in which people can associate their account with an username, real name, social media profiles, photo, and much more.

More information about all this will follow before we launch.
857  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 13, 2016, 01:06:51 PM
http://www.merriam-webster.com/dictionary/lisk

Okay this isn't fud but Lisk means groin?  Cheesy

I really like the ideas for the project but this thing here...

Was this name choice deliberate? Why was this name chosen? What is a lisk?

Check out this ( https://www.reddit.com/r/Lisk/comments/477728/did_anyone_actually_bother_to_google_lisk_it/ ) and my top comment. Smiley


@Max: I recommend you subscribe on this.  Splurge for the "Advanced" package;  I think you have the funds available for it.   Wink

http://www.alexa.com/plans?ax_atid=c151db38-75b9-4c2c-8fa9-83ca6589ee4a

We are on Google Analytics. No need to pay for this.

1. US
2. Germany
3. UK
4. Netherlands
5. Russia
6. Brazil
7. Indonesia


Silly technical question. If there is no "gas" as in ETH, how does LISK deals with code that runs forever, or worse locks up in some infinite loop?

There are no silly questions. Smiley

Every transaction which involves a blockchain WRITE needs fees, else you can't prevent spam. This is something the dapp dev has to take care of.

If it is in an infinite loop it will simply crash, like any regular apps. The loop can't be blockchain based, due to the fees. But it can be in the front end for example. It's a regular bug and needs to be fixed with an update.





This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

You assume that the first 51 delegates have less than 33% of all votes. Where you got that number? Smiley

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

Yes, people don't need the majority of coins, but only the majority of votes to have temporary control. This is due to the fact that all Lisk users elect the delegates.

It's not true that you state that no other blockchain system has this weakness. ALL others have this as well, but just in a different aspect.

In the case of Proof of Stake coins, the attacks obviously come back to the amount of coins you own. Therefore you can either take the total of coins you need as an argument and the centrality of the pools.

Nxt: There are currently only 411M NXT forging in "forging pools". 11 of the biggest pools have over 50% of all forging power. Due to only 411M NXT forging, you only need to have a bit over 20.55% of all NXT (411/1000*0,5=0,2055). That means NXT is attackable to 20.55% attacks as far as I see it.

In the case of Proof of Work coins, you can only use the pools hash rate as an argument.

Bitcoin: Individual mining is irrelevant. Pools are the only option. There are currently only a handful of pools with a hash rate worth mentioning. Already the top 2 pools have over 50% of all mining power.

What does that mean? It means that crypto-currencies are more centralized than commonly believed.

But! These numbers are all temporary. Same as with Lisk.

In the case of Nxt, the users can
- remove the NXT lease from the forging pools.
- forge on their own to make the total of all NXT forging going to near 100%.
- withdraw their NXT from exchanges who are exploiting their big stake.

In the case of Bitcoin, the users can
- switch pools
- use P2Pools
- Mine on their own again (questionable)


What does it mean for security? In my opinion Proof of Stake is more secure, due to the financial incentive. Why should anyone attack NXT with his own 20% of coins, for which he paid a big amount of money. Of course this argument is more philosophical than mathematical. In terms of pool power Nxt is more decentralized than Bitcoin. In Lisk case the number of "pools" = delegates are even higher.


Let's get back to Lisk. If an exchange owns so many LISK, the users can at least see and countercheck easily if the exchange is voting with these LISK. It's all visible with this API call:

Code:
/api/accounts/delegates/?address=address

If you don't know the delegate address of an exchange, only the address of the regular exchange account, then this API call helps you out:

Code:
/api/delegates/voters?publicKey=publicKey

For example on our test network for the delegate 'genesisDelegate52':

Code:
https://login.lisk.io/api/delegates/voters?publicKey=07868b5b97233eb5ce301edfd16601e1ecf2661481b39a0bdea59391104dc42c

Results in:

Code:
{"success":true,"accounts":[{"address":"17649443584386761059L","balance":0},{"address":"12475940823804898745L","balance":2010000700},{"address":"10264531957766216184L","balance":8870000000},{"address":"14219782977503476609L","balance":54650000000},{"address":"9564105524193969327L","balance":79200000000},{"address":"14351749629158385068L","balance":79240000000},{"address":"800918319007426191L","balance":79690000000},{"address":"11339622397070425761L","balance":79790000000},{"address":"10552444389043734240L","balance":79900000000},{"address":"4838376936255854793L","balance":79980000000},{"address":"9363468559265530069L","balance":79990000000},{"address":"13496593907171241705L","balance":80300000000},{"address":"7797118170050130947L","balance":88490000000},{"address":"13278231667654341222L","balance":89100000000},{"address":"13667581226236683784L","balance":89580000000},{"address":"14968906762435933462L","balance":89700000000},{"address":"2970227194578908531L","balance":89700000000},{"address":"13921127593811670351L","balance":89800000000},{"address":"14636091225572299068L","balance":89800000000},{"address":"16075773430694729476L","balance":89800000000},{"address":"2465376505472839010L","balance":89800000000},{"address":"8797390455410370280L","balance":89800000000},{"address":"10589996627203409984L","balance":89900000000},{"address":"13006468928470284770L","balance":89900000000},{"address":"14080308827940367132L","balance":89900000000},{"address":"12248536304420527538L","balance":99800000000},{"address":"14624302329273634583L","balance":99900000000},{"address":"15806643322935220312L","balance":179500000000},{"address":"930710356977214870L","balance":477570000000},{"address":"40565469756652219L","balance":1048000000000},{"address":"13929185126330236760L","balance":1076470000000},{"address":"12771083228258353736L","balance":10074300000000},{"address":"2686619600065520376L","balance":9599849950000000}]}

If an exchange is abusing his power, people can see it and act. In this case they can withdraw the LISK from this exchange (decreasing the voting power of the exchange) and voting with the withdrawn LISK for other delegates (increasing the difference to the exchange even further).


Also, it's not a 51% attack. It is a 100% attack by a minority holder. A minority holder can control 100% of the security mechanism. That can't be said of Bitcoin or any PoS system.

A "51% attack" is just the laymen term. It's in fact a ">50% attack" and every ">50% attack" automatically is a "100% attack" as well, at least practically. If you own the majority of a system, the system is yours.

You are again wrong that this can't be said about other systems.

- At Bitcoin someone who owns 0 BTC can have the most mining power and control the whole system. (It's possible, but unlikely)
- At Nxt someone who owns 0 NXT, but received over 20% of all NXT as leased NXT can control the whole system. (Extremely unlikely)

- However, at Lisk someone with 0 LISK will have it EXTREMELY difficult to find the trust of the community to get enough votes for 51 delegates. That means he needs more votes (LISK amount*10^8) than the 51th delegate received in total from the whole network.  

This is the networks responsibility to vote accordingly and get the best security out of the DPoS system.


I'll accept that this is a reasonable system if a balance vote is split among the 101 delegates. For example if a wallet has 101 LISK and votes for 101 delegates, each would get 1 LISK worth of vote.

This won't work. Everyone would only vote for himself and everyone who owns more than 1% LISK could run at least 1 delegate forever. This is unfair, because nobody else could prevent him from doing so.



How we get more people voting:

We will introduce a "Forging Pool" in the future (as a dapp). Delegates can run them on their nodes and register their delegate account on the sidechain. With this pool the delegates can then distribute a part of their earnings to the voters automatically every X days.

This will create an incentive for users to withdraw funds from the exchanges and vote for trusted individuals. In order to confirm trusted individuals, we will introduce an "Identity Dapp" in the future, in which people can associate their account with an username, real name, social media profiles, photo, and much more.

More information about all this will follow before we launch.
858  Local / Announcements (Deutsch) / Re: [ANN][LISK] Lisk | ICO | Dezentrale Anwendungen & Sidechain Plattform on: March 13, 2016, 09:38:18 AM
frage an liskhq:

bereitet ihr euch vor die zertifizierung für microsoft azure blockchain zu bekommen?

Jedes Blockchain Projekt sollte sich im laufe der Zeit darum kümmern.
859  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 12, 2016, 07:22:26 PM
Not only on the tech. We should focus on creating some inspiring dapps. This will be the key for Lisk's success. We do not have the marketing power and attention Ethereum has, therefore we should get publicity through real world applications.

I think you guys should stop speculating on the price and future prices and start focusing on the tech behind it and why you invested. Of course price is important in the long run but speculating right now doesn't do anything to benefit anyone involved. If the tech is there the value/price will follow.
+1
https://www.youtube.com/watch?v=YbzNJr26H-4&index=4&list=PLJsRA97ztzdKKZlWcMa1QBlskdHSfOSxj


+1

Therefore please participate in our Dapp Idea Contest! Smiley
860  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 12, 2016, 05:51:21 PM
Tell us your best Dapp ideas & win great prizes!

Decentralized applications can be thought of as the “bread and butter” of Lisk. Therefore, in order to provide our Lisk Dapp developers with the inspiration to get coding dapps as soon as possible, today we are starting a contest for the best Dapp ideas.


Contest Details

Make a concept for your dream Dapp, and post it to our official forum on the “Decentralized Applications” board. Your concept can contain descriptions, images, diagrams, projections and code. The more elaborate your concept is, the higher your chance of winning.

The contest starts with this announcement (7th March) and ends on the 13th March, at the same time as the BTC exchange bonus drops from 5% to 0%. Please note, early submissions will have no greater priority over later submissions.

We (Oliver and Max) will elect the three winners ourselves, based upon feedback from the community. Winners will be chosen based on the ideas which we feel will draw the biggest attention, and create practical use-cases for the Lisk network.

Everyone can submit as many ideas as they want. To avoid someone submitting an idea before you have completed a submission, you may briefly describe your idea in a forum post, and then enhance that submission over the course of the week with further materials.

Decision criteria

- Quantity and quality of the concept materials (50%)
- Benefits to the Lisk ecosystem (30%)
- Feasibility (20%)


Prizes

The best three ideas will get their own video similar to this one, which can then be used to promote your idea to potential investors, the Lisk community or business partners.

Additionally, we will give out a Raspberry Pi 2, Raspberry Pi 3 and Lisk T-Shirts, according to the following prizes:

- First prize: Raspberry Pi 3 + Lisk T-Shirt + Video
- Second prize: Raspberry Pi 2 + Lisk T-Shirt + Video
- Third prize: Lisk T-Shirt + Video


We shall also use the Dapp ideas and videos to promote the Lisk platform to potential developers. All concept materials will be made public, and will be placed in the hands of the whole Lisk community



Blog Post Announcement
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!