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881  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 06:23:35 PM
so a delegate will need the support of at least three hundred voters to become a member of the magic 101 circle?

There's other considerations.  Not all testnet users are equal, some are now whales.  Several have hit the faucets repeatedly and accumulated a lot.  Plus, the 101 have forged a lot and most now have 10,000 - 20,000 each.  So you can become a testnet delegate if you get 15-20 out of the testnet 101 to sponsor you.

Max, Oliver and Joel have pulled out of instantly putting people in the 101 with their testnet millions and the testnet is now adjusting to "new rules and realities" that came into effect only a few days ago.  It is not "voting chaos", but almost.
  
882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 03:44:07 PM
.... I've tried the guides put out by Joel and Phoenicx1969 without success.

@bitbitch - could you please post links to these?  

Also, if anybody thinks my written guide needs additional steps or notes, please let me know - I will edit it to address your comments.
883  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 03:37:18 PM
How much lisk in votes would it take to make the 101 delegates as of now?

dunno, we don't know who has how much lisk yet because it's not released.  So impossible to tell you what it would take to get into the top 101.  It will be large though i'm guessing.  More than just one person has total for the top ranking of the 101.

So the current 101 delegates arent actual users?

The current top 101 delegates are on a testnet.  It currently takes about 300,000 testnet Lisk to be voted into the testnet top 101 delegates.  Nobody knows how many Lisk it will take to be voted into the mainnet top 101 delegates after launch.
884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 03:08:35 PM
what was the ico price when all was said and done?

The ICO price was 0.075 USD per Lisk, approximately 5500 Lisk per BTC or 0.00018 BTC per Lisk
885  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 02:59:36 PM
Setup a Lisk Testnet Node and Delegate in 1 Minute
https://www.youtube.com/watch?v=yUzkb7mYerQ

Setup a Lisk Testnet Node and Delegate in 2 Pages


https://docs.google.com/document/d/1t1U_jvh5TqWjcBPMsf8q_Cm4vYzhRVK4p2c3vzXwUP0/edit

(Please PM me to let me know you actually did either of these if you joined Bitcointalk before 2016!)
886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 02:55:21 PM
Vote for me as Delegate!

I am disturbed that you have listed your delegate name as liskhq@supernode.  liskhq is max, one of the two devs who have started Lisk.  Why would you name your delegate in a way that would cause others to believe it was probably run by the top guy in Lisk?
887  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 14, 2016, 02:36:08 PM
Will we be able to mine Lisk?

Like Bitcoin and Ethereum?  No.  Only 101 people selected by the community will cooperate to generate Lisk blocks every 10 seconds.  Any individual member of this 101 will forge their block once every 17 minutes for a reward of 5 Lisk per block forged.  If you want to join this group and forge Lisk, here's how:

https://docs.google.com/document/d/1t1U_jvh5TqWjcBPMsf8q_Cm4vYzhRVK4p2c3vzXwUP0/edit

888  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 13, 2016, 06:01:53 PM
How much did LISK generate on ICO?

Roughly 14,000 BTC in direct contributions and around 1050 BTC more in Crypti swaps to purchase around 85M Lisk.  Adding in around 350 BTC in early participation bonuses, the final ICO value was around 5500 Lisk per BTC or around 0.075 USD per Lisk - speaking in round approximate numbers.
889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 13, 2016, 05:59:14 PM
Lisk is collapsing. Will be trading at 5000 satoshi maximum when it launch on bittrex

There is an enormous amount of effort going on behind the scenes to make Lisk a stronger coin at launch.  For example, a true 101 Active Delegate DPOS network staffed with community members will be ready to go at launch.  This organizing has taken time, and we have already gone through 3 testnet upgrades to improve system reliability based on our experiences so far.  This is all a significant accomplishment.   I'm confident there is equal progress going on in other areas.  In three weeks we will all look back and wish we had more time to prepare even more before launch.

Saying Lisk is collapsing is just plain untrue.  Take a deep breath and get a grip on your impatience and frustration.  It's all gonna be OK.
890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 13, 2016, 01:54:52 AM
Ethereum is the beta version of Lisk
Wise words, the voice of reason
Only most ignorant ppl think this way.

Vitalik is a game changer. not anyone else now is bold enough to say so.

Credit where credit is due.  I met Vitalik and spent about a half hour with him chatting in a small group.  He is indeed a brilliant man.
891  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 09:02:57 PM
I'm assuming that this could be done pretty easily on a Raspberry Pi correct?  Not seeing any reason why not.

A Pi 2 is a better choice and will definitely work - it is an ARM7 device that can run Ubuntu 14.04 instead of an ARM6 like the original Pi.   However, just as important as hardware is network latency.  Running a Pi from home may not work unless you've got a really fast home internet connection.  Unfortunately, there are no published cutoff specs (yet) on latency delay that would let you run Lisk from home on a Pi 2 instead of on a backbone VPS.

I predict that Pi 2s will come into their own running thousands of independent Lisk sidechains at blocktimes a little slower and less demanding than the Lisk mainchain blocktime of 10 seconds.
892  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 08:40:52 PM
is there a link where I can read which method will be used to distribute LISK?

I think what you are looking for is in this text from my previous posts:

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity
Like I said ... easy to write a Javascript compiler to Ethereum bytecode  
Let me know when it's done...or even started.  Even if an Ethereum JavaScript compiler  existed, Solidity is still an unstable language - why paste a compiler on top of it?

100,000+ JavaScript programmers vs. few Solidity programmers
The above argument eliminates this so called advantage of lisk
The above argument is vaporware.  JavaScript programmers can start coding Lisk dapps right now.

Single hash generated  vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime
Makes no sense at all
I've explained this several times.  Churning out trillions of wasted hashes means lots of wasted electricity - like literally a nuclear powerplant's worth for Bitcoin - and is an ever-growing financial overhead that will ultimately kill the coin.

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation
looks like the same as above
No, it's the key reason Lisk can run on a $9 CHIP computer and Ethereum can't.  Economies of scale hugely favor Lisk over BTC/ETH.

Stable roundtable clockwork forging vs. unsustainable, exponentially growing free-for-all mining
Forging is no different than mining ... just different ways to make the currency
It is so sad to see people that don't understand enough math to get why exponential growth is unsustainable, or why a stable system is different and better from an unstable one.

Dapps on individual sidechains vs. dapps on bloated mainchain
Ethereum dapps are also sidechains .. lol .. you seem to be uninformed
The Ethereum Guide says its dapps are deployed on the mainchain ( https://gavofyork.gitbooks.io/turboethereum/content/dapps_deployment.html ).  Practically, in Ethereum dapps are just specialized "contracts".  There's my showdown cards in this poker hand - what's your counter-reference to prove what you are saying about Ethereum sidechains?  Prove to me that each dapp in Ethereum has its own separate blockchain as they do in Lisk.

Min of 2-4 to max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for each sidechain backbone vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone
The GPU rings will not be used once POS for eth sets in
So...PoS for ETH is vaporware, got it.  How can you know that Eth PoS will run on microcomputers like Lisk does if ETH PoS finally shows up?  What happens to all those sad little GPU miners whose income stream will be cut off?

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required
Ah ... What can possibly be the use of the beloved LISK then ...
What part of "free" vs. "paying for ETH gas" is so hard to understand?  Free is better.  Lisk is still the exchange coin of choice within the dapp itself.

Difference between Lisk Forging and Ethereum Mining

Lisk has 101 "Active Delegates" who consolidate all transactions that have occurred in the last 10 seconds and generate a has to secure a block adding that data to the Lisk blockchain.  These 101 individuals do not compete with each other, but instead cooperate and take turns.   With Lisk, generating a new block for the blockchain is called "forging" (in the "blacksmith" instead of the "counterfeiter" sense of that term), not mining.  Mining is a Bitcoin / Etherium term that refers to competitive generation of thousands of millions of billions of useless hashes looking for a string of leading zeros in the hash that is a "lucky ticket" declaring a particular miner to be the winner of a reward.  Forging is a cooperative  generation of one and only one necessary hash to secure the Lisk blockchain, for which you are paid a set fee when it's your turn to do it.  During the first year an individual Lisk forger makes 5 Lisk per block forged, which happens like clockwork about once every 17 minutes, for a total of 150K Lisk in the first year.

In a pure PoS system, the richest coin holders that set up a forging node get most of the rewards from running those nodes.  With DPoS, anybody can set up a forging node no matter how much or how little of the coin they hold, as long as they pay (for Lisk) a 100 coin start fee.   Under DPoS, a poor coin holder / node runner gets the same rewards as a rich coin holder / node runner.  Thus there is incentive for poor coin holders to run a good node to increase their coin holdings.  Since there's a lot more poor coin holders than rich ones, the pool of potential node runners is much bigger.  This is a Good Thing.

Lisk generating only one hash per blocktime is one of its huge advantages over Bitcoin and Ethereum and their huge waste of resources.  

Lisk is literally trillions of times more efficient in CPU cycles per block generated compared to Bitcoin or Ethereum.  This is why Lisk can use really cheap computers, while Bitcoin and Ethereum are trapped forever to use a hugely expensive, wasteful and unneeded overhead infrastructure - all those warehouses full of mining rigs, whether ASIC or GPU based.

Now THAT'S stupid - and most Bitcoin and Ethereum people have no idea just how stupid it is.  

Lisk Coin Inflation Is Much Lower Than Ethereum Coin Inflation



Lisk DPoSWFR (Delegated Proof of Stake With Forging Rewards) Vs. Ethereum PoW (Proof of Work)

PoW is an incredibly inefficient and wasteful way of obtaining security for a blockchain, and requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.


LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

I know you know all these points by heart, and you're good at delivering them. But DPOS is not the panacea you think it is. If it were, every currency would move to it.
1. Regarding resilience, how do you guard against a DDOS attack on the 101 delegates?
2. Regarding decentralization, how do you prevent a Sybil attack of delegates?
3. Regarding incentives, long term, how do keep your voters interested in nominating the delegates?


Ans. 1. You can't 2. You can't 3. You won't


1. Regarding resilience, I can guard against a DDoS attack by letting a big-ass firewall system pass data only from the other 100 IP addresses I know are from my fellow delegates.  I don't have to respond to every packet thrown my way and so fall behind with my blocktime tasks.  A DDoS doesn't have to overwhelm 101 delegates; it has to overwhelm 101 big-ass firewall systems protecting those delegates.  That's a much tougher problem.

2. Regarding decentralization, I can examine each of the 101 delegates that are initially selected and make sure they are 101 individual people, then apply the same scrutiny to the trickle of replacements as they come along.  Hey, I personally am doing that right now - take a look:

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit#gid=0

3. Regarding incentives, I've got a 1000 BTC whale, two 720 BTC devs and a 300 BTC dolphin that will protect their investment by making  sure that good Standby Delegates are promoted as required.  

So...

Ans. 1. We can 2. We are 3. We will
893  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 07:14:34 PM
Hey guys, has anyone set up a node/delegate on a mac?
VPS on Vultr, ssh key, I have come a long way in terminal, but I can't get it running.
Too much bits and pieces of info that I can't string together.
Is there a Lisker willing to help me?
Thanks..

Start here:

https://academy.lisk.io/lisk-setting-up-a-delegate-on-the-public-test-network-login-lisk-io-f53ae6d029ea#.f1f2soh77

Please PM me if you get a node up.  You don't actually forge Lisk until you get votes that put you in the top 101 delegates.
894  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 10:05:21 AM
Can someone explain how to properly set up 2FA? ...

You should setup Google Authenticator to your phone, see:
https://support.google.com/accounts/answer/1066447

And for each login to the site you must enter the current code from Google Authenticator on your phone.

P.S. And don't remember create a backup of barcode (as easiest way).

LiskHQ, there are should be option to get key code for setup GA instead of barcode.
It's easy to use and backup.

Agreed.  I use GA for lots of sites, very smooth.
895  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 01:53:46 AM
They're asking for a passphrase to log in, but it doesn't even have my username...?  Is this completely separate & requires me to create an account (even though I have an account at https://ico.lisk.io/users/exchanges)?

Having a username at the ICO website and having a username on the Lisk blockchain (which doesn't exist yet) are two different things.  You can register a new name for your Lisk account when it becomes available after launch.  Or you can not register a name for your account and be completely anonymous.  Your call.
896  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 01:10:54 AM
i have validated my passphrase, anything else i need to do? all i see is a transaction ID and a LISK address. how do i access my coins?
you are dumb.  kill yourself.
Cannabanana for the win!
Come on, guys, be supportive and welcoming of the new users that Lisk needs to succeed.

OnDaRiZE, you can go to the online Lisk wallet at https://login.lisk.io/ and after launch enter your passcode.  Your Lisk will be there waiting for you.  Until then, you can enter a random passcode on the current version to see how the wallet works on the testnet.

Here's what you can do after that:

https://www.lisk.io/get_started


897  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 12, 2016, 01:02:09 AM
Is it possible to run Lisk under Raspberry Pi 2 Raspbian? Not as a full delegatet node only passive node?
yes it is possible

The key question is not if the Pi2 can support Lisk (it can), the question is whether your internet connection has good enough latency statistics to support the required ping-pong communications with 100 other delegates in the 10 second blocktime.

898  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 10, 2016, 02:54:10 AM
I only started becoming interested in this coin last night. I guess I still have plenty of time to read up.

Welcome to Lisk!
899  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 10, 2016, 12:47:00 AM
Also from urban dictionary: "a lisk is the girl at the party who gets really drunk and vomits and/or defecates all over the bathroom floor."

Huh.  Kinda makes you wonder how they can do all that and still retain bladder control.
900  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 09, 2016, 09:46:59 AM
ATTENTION LISK TESTNET STANDBY DELEGATES:


Time for a reality check, so here it is.  

At launch there will be 101 Active Delegates selected to forge Lisk on the mainnet.

These Active Delegates will be rewarded with 5 Lisk every 17 minutes in Year One, for 150K Lisk.  

All other Standby Delegates get zero Lisk for running a Standby Node.

Check out this spreadsheet of mine, which can be edited by anybody:

https://docs.google.com/spreadsheets/d/1bs7njoJwBTO31H2GJoWopNKKpAtggixsbZZiSIxQkRk/edit?usp=sharing
  
As I write this there are 85 people forging as Active Delegates in the testnet, as seen in the "Top 101" tab.

These are the only 85 people in the world who have proven they can run a Lisk node.  

Who do you think is going to be picked to be Active Delegates on the mainnet and make 150K Lisk in Year One?

There are 16 "sock puppet" nodes being run as second nodes by some of these 85 people.  These sock puppet nodes are in deep red.

In the next few days before launch, these sock puppets are going to be replaced by 16 Standby Delegates who will be promoted to testnet Active Delegate.

With their experience, these 16 new Active Delegates are probably going to make 150K Lisk in Year One on the mainnet.

Check out the "Standby Delegates" tab in the spreadsheet.  As I write this, there are over 600+ Lisk testnet Standby Delegates.

If you REALLY want to "stand out" be picked as one of the top 16 from this pool of 600+, you need to do the following:

1. Read this: https://academy.lisk.io/lisk-setting-up-a-delegate-on-the-public-test-network-login-lisk-io-f53ae6d029ea#.a63weoqm6
2. Do it.
3. Find (or add) your name in the Standby Delegate tab of the above spreadsheet.
4. Fill out the information requested.
5. Go to the Delegates channel at http://lisk.chat and start asking for votes!
6. Go to the Lisk testnet faucet and get some votes of your own at https://faucet.lisk.io/

In 48 hours, and frequently thereafter, I will start sorting Standby Delegates who respond to the top of this spreadsheet so they may stand out from the crowd.

May the best of the 600+ Standby Delegates be selected for the remaining 16 testnet forging slots!

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