...but you did anyway.  Thanks!


And here I'm saying I want good Delegates to step forward and be counted.  That's in the best interest of Lisk.


I'll try.  It's easier with people telling me what to do.

I have often stated my preference for Lisk to be a zero inflation coin like Crypi.  However, if there is money on the table, I want my share.

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!

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

Porn allows big pleasures with blondes, brunettes and redheads, too.  But having and raising a baby to change the world requires a good wife.  

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, 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.

Thanks!  I obviously agree with your thinking.  As I noted earlier:

I would argue that "buying your way into a token" is EXACTLY what is needed to create a "virtuous economic cycle".  BTC/ETH mining and even  Lisk forging is creating "money" from thin air.  The "unforgetable and very rewarding <mining> experience" you refer to is an illusion that makes the participant feel incorrectly like they have contributed something valuable to society.  Wasted crypto hashes generated by a miner are NOT like a bag of corn they grew or a car rolling off an assembly line where they welded the body together.  All a miner has done is wasted a lot of electricity, creating a lot of environmental pollution in the process.  They have also diverted trillions upon trillions of CPU cycles away from achieving something profoundly worthwhile like http://setiathome.ssl.berkeley.edu/.  All in the name of greed.

"Buying your way into a token" is code for "letting something represent a store of real value", which is what you do when you open a bank account or buy a prepaid debit card.  THIS is the fundamental kind transaction in our society, not "mining coins out of thin air".  If Lisk can start replacing bank accounts by "buying your way into a token", we will have a market penetration and success level we can only dream about.

Wasteful, unsustainable exponential-growth mining is a type of masturbation by Bitcoin and Ethereum nerds that will never produce a baby who will grow up to change the world.

Mining is stupid.


This.

"Plutoing" is now officially my goal for Lisk.

Mining is stupid.  

Mining was a way to get cryptocoins started, just like sails and coal steamships were a way to get international commerce started.  Today, container ships rule.  So will Lisk.

Mining is stupid.

ICO price was about 0.075 USD per lisk.  So $1 is 15x not 150x.

The stated Lisk policy should have been that Lisk would return the BTC / XCR donated to the donor transfer address after the ICO escrow release if the keys were not claimed by the donor within 24 hours of the original transaction.  Max and Oliver could have kept track of how much they were going to refund and just not counted it in the ongoing fundraiser totals.  In order to keep a claim on every BTC and XCR that was donated, Lisk is now going through this cleanup operation.

THIS is the problem, right here.  The window should not have closed (i.e, "trusted you") after you clicked "accept".  The window should have kept going, stopped displaying your pass phrase, and said "Prove to me you've got it, buddy.   Type it in right now while I'm not showing it to you, or we're going to a password reset screen."

If the GUI had been set up like THIS, none of us would be having this conversation right now.

I just sent you a PM.  Good to meet you.

I will just provide some information you can use in your voting decisions if you choose to use it.   You are free to use all other information provided to you by all other people, and you are free to vote for whoever you want to.


That is a damn good question.

The key reason for only 101 delegates is to support the 10 second Lisk blocktime.  The more delegates there are, the more coordination messages you need between them in a given period of time - and it's not linear growth we're talking about here.  Crypti had a grand experiment called "Proof of Time" (PoT) whose goal was to coordinate large to infinite numbers of support nodes in a very short blocktime.   This PoT experiment failed.  When DPoS was grafted into Crypti, the 101 delegates worldwide were deemed the right number to support round-robin block addition every 10 seconds, based on the PoT experience.  Lisk has inherited this hard-won knowledge.

As for "gaining control of over half of them"...The only way to assure this doesn't happen is to verify people are who they say they are as they trickle in slowly one by one to join the testnet.  I'm doing this right now, documenting their ID credentials and performance in a spreadsheet for all to see after launch.  

That's why it's so important to be a Active Delegate on the test net NOW if you want to be an Active Delegate on the main net LATER.  I am betting there will be 1000+ people who will click the button in the Lisk client to become "Standby Delegates" within 24 hours after launch.  Most of them have no idea that they ALSO need to go off to rent a cloud server and set up totally different Lisk software to run a Delegate node.  How will you pick who to vote for out of that mob?  You won't.  You'll go to a spreadsheet I'm making of the people who have already proven they can do the job of an Active Delegate and have already been vetted to be individuals and not sock puppets.  

And you'll vote for the people in this spreadsheet.  The Team.

Wait until this time next week after launch, you'll understand what I'm talking about.  

I've been trying to reach you.  I'll PM it to you here soon.  On my phone now.

If you have a test net node with rank 102 and up, go to lisk.chat and direct message Joel with the delegate name, it's rank, and the ip address of your node to show it is running.  He is the keeper of the testnet, he can put you in the top 101 instantly.  Then go to the delegate channel and find the link to my delegate spreadsheet and enter your info.  Welcome to The Team.

Big mistake.  Running a test net node is a reputation building exercise to get votes when you start your main net node.  Those who wait will be lost in a sea of me-too Standby Delegates at launch.

Hey, I've been looking for you to discuss your node!  What is your name on Lisk.Chat?  It's not djselery, I've checked. 

If you don't have an account at http://lisk.chat, I need you to go there and open one and tell me the name you use so I can send you a message there.  Thx!