One thing if we are discussing delegates.
We shouldn't really promote any one cloud service that's good for running delegates.
It would be best for Lisk if the delegates would use as many different services as possible.
If someone recommends X provider here and half of the delegates end up using that provider that would make Lisk much more vulnerable than if everyone found their own solution.
I was thinking the same. It's to risky having several delegates in a centralized server. 50/101 on Vultr would be soooo risky for my taste. Maybe ~20... But, I simply prefer almost 100% decentralized delegates. TRH I totally agree. I am certainly not saying everybody should use Vultr just because I do. Digital Ocean is another possibility. People should speak up with other host suggestions. The best situation is for Lisk to be running on 101 standardized-setup Raspberry Pi 2s, owned by 101 individual people all over the world, connected to that person's home ISP. The problem is that many home ISPs have slow latency. This is different from bandwidth. Coordinating 101 Lisk nodes in a ten second blocktime doesn't require high bandwidth, it requires low latency. http://www.dslreports.com/faq/694http://www.speedtest.net/articles/what-is-ping-what-is-latency/IMHO, Oliver needs to publish some latency standards ASAP that an Active Delegate must meet before we get a lot of disappointed people that are planning to run a Lisk node from their home, but can't.(This is of course in addition to the other 10,000 things Oliver needs to do ASAP  ) |
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Why u looking for votes guys?
One person can vote to himself many times cant he??
I also would like to run a no de but it seems imposible
If it seems impossible, then you do not understand the DPoS delegate system. Anybody can set up a Lisk node once they pay the 100 Lisk registration fee. This includes you. Once your node is set up, it joins a pool of Standby Delegates. This Standby Delegate pool can have 10,000 nodes by 10,000 people. This includes you. The 101 Standby Delegates who receive the most votes from others are promoted to Active Delegate. The number of votes you can cast depends on the number of Lisk you have. People with lots of Lisk have lots of votes. The 101 Active Delegates begin to forge Lisk blocks every ten seconds and add these blocks to the Lisk blockchain. Block adding is done in a cooperative manner by "going in a circle". Your Active Delegate will be called upon to add a block when your turn comes about once every 17 minutes. Lisk will start with 101 Lisk Foundation nodes run by Oliver. As more and more community members become Active Delegates, they will replace the Lisk Foundation nodes one-by-one until only community nodes are running. If you contribute a lot at this forum with good posts and good ideas and good words, you will gain the trust of others, and their votes. So if you want to become an Active Delegate, start contributing! |
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So far I have following BCT forum people on my voting list:
PunkRock, Emerge, cannabanana, bigcabrito, nextgencrypto, cc001, bitseedmike, TheRedHawk, Splatters, Mrboot
Who else? Who wants my vote and will give me their vote?
I ran a Crypti node for $5/month at Vultr.com for many months and plan to start running a Lisk node next month, again at Vultr.
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Also peer2peer360, stop typing your posts like you're writing a poem.
His format is perfect for cellphone viewing. Everybody else's isn't. |
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yeah, but VB has been making noises recently about reducing the rate of supply of ETH from early next year.
Lisk has defined what its inflation rate is going to be, period. The stated inflation rate for Lisk is much lower than the max Ethereum rate. Lisk has certainty where Ethereum has uncertainty in one of the most important areas of a cryptocoin. VB "makes noises" about "possibly" lowering inflation rate of a coin that has hit a billion-dollar market cap. Uncertainty is no way to run a billion-dollar enterprise. |
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Somebody can explain me, why LISK better than eth?
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 liskThe 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 allI'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 aboveNo, 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 currencyIt 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 uninformedThe 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 inSo...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 MiningWith 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 a 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 |
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Having said this, is the market watcher screenshot even genuine?
That screen is a leftover from the Crypti blockchain explorer that Oliver wrote. Crypti was only on Polo and BTER. Somehow the Lisk logo was put on it. Maybe Oliver did it as a graphic mockup. When does LISK officially launch?
Official not set in stone date is April 11th Why so long? Um...'cause it's actually rather hard to launch a multi-million dollar coin, and they want to take their time and do it right? |
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Java based?? lol ummmm ok.
Market for that seems to be dying down.
For the thousandth time, Javascript is not Java. Lisk uses JavaScript. |
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Probably more important to be on Coindesk & Bitcoin Magazine etc. first. Cryptocoin media exposure is certainly important. But Lisk will live or die on the level of support received from JavaScript programmers. |
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Is Oliver German?
Oliver is British. |
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Too many people treat this like American football teams, I rather look for the win/win.
 Go Vols!("Vols" is short for "Volunteers". In American history, Texas was settled and defended by people from Tennessee.) I am curious...what is this "win/win" of which you speak? |
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Now that the ICO is over, can we focus on making Lisk a success? Clearly the success of Lisk depends on the success of Lisk DAPP store. Currently Ethereum dapp directory ( http://dapps.ethercasts.com) has ONLY 34 LIVE Ethereum Dapps, so Lisk can certainly surpass that number of dapps within this summer, if we promote Lisk heavily to Javascript developers outside crypto world, through contests with serious monetary prizes. I found most Ethereum dapps too specicific to crypto world so I prepared a list of sites using Javascript in real world applications, all for your inspiration: I have been inspired by your post. Some Googling has led me to a list of 10,000 (OK, really only 9,772) self described JavaScript geek programmers. With their Twitter addresses. Stand by for the spreadsheet, which may take a while. It takes some time to organize a name list of 10,000 people. Then stand by for a twitter blast in the days / weeks to come. https://geekli.st/home Funny, I couldn't find a similar list of 10,000 Etherium Solidity programmers. I swear to God, I am going to have such fun when I start posting over on the Ethereum forums in April when I get back from my vacation next week.  |
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@c-cex-yuriy: when I can buy LISK on c-cex???
I don't know if I would trust c-cex exchange Same here I will wait for Bittrex or Polo If I feel the need to sell any. I actually wouldn't sell any Lisk until it reaches Kraken like ETH, because that's where real money is. Polo is still shady to me. Why is Polo shady? Polo is the best exchange in my opinion. shady? lol you dont know what you say, this is top alt coins market. Polo may be top exchange for small net worth individuals who don't need to withdraw more than $2-10K per day, but anything beyond that, Kraken is where medium to high net worth people go to trade. I wouldn't say poloniex is shady it's alright I just wouldn't keep btc in therw. I get scared when it reaches 10. But with kraken I have up to 100 at a time in there and I feel secure its good. That's exactly what I mean. No one dares to keep more than $10K on Polo, because if something happens, you can't withdraw it all in one day. We should rally to get Lisk on Kraken. I agree Kraken is a superior exchange, but for the record most Ethereum trading is done on Polo despite its limits. http://coinmarketcap.com/currencies/ethereum/#markets |
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Passphrases/keys:
<snip>
- Everyone who didn't generate a key will be contacted 1-2 weeks after launch. He can then get his LISK via email. This method is not the most secure option, therefore please generate your passphrases ASAP! Also there will be a deadline after which the non-collected LISK will go into the bounty fund.
Everything I've witnessed so far in the LISK ICO has been handled very professionally. Now, the ethical character that is baked into this ecosystem's earliest days will resonate for a long time, so please reflect on the 'Why?' of pushing non-collected LISK into a bounty fund. I submit that you should not impose a deadline on the non-collected funds. Devs have a fiduciary responsibility not to re-appropriate unclaimed funds, which is somehow incomprehensibly becoming an accepted practice in ICOs (not mentioning any names but you know who you are). It is absolutely unethical to expropriate your earliest supporters' money, no matter what the situation. Yes, ostensibly they are donors, but effectively they are behaving like investors. If they can't or won't claim the LISK, please just leave the claim period open ended, and fulfill the incoming claims once a month. In this way, we will turn more and more people who are late on claims into supporters and proponents of the LISK platform, rather than feeding them sour grapes because their unclaimed LISK was expropriated. Fund seizure is equivalent to the fiat banking practices from which we are trying to escape. (You could also destroy the unclaimed LISK and refund the BTC back to the return address, but ethically that's probably too much to ask). Just think it through. People sometimes forget, or they find themselves in situations that make claims very delayed or seemingly impossible. That's just human nature. Blockchains don't forget, and that strength should be used as a benefit for everyone. Humans should not intervene and confiscate future wealth that is growing on the blockchain. Thanks for listening. This is a very thoughtful post - something of a rarity on this thread. Thanks for your input. Lin may very well never return this Crypti, and BTER customers may be out of luck. Other Crypti donors may hear about the Lisk ICO for the first time from upcoming publicity. Maybe a possibility is to keep the 2.5M BTER Crypti open as a first-come-first-served exchange pool for tardy Crypti owners whether their excuse is BTER or ignorance of the Lisk ICO. Service these people until the 2.5M is gone. There's no good answer, and I suspect that the 1000 people who haven't generated their keys will turn out to be an even bigger headache. The party's over, time to clean up the mess left behind.... |
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What's the difference between Lisk Cash Tech Dev Fund ($M USD): 5.793 and Lisk Market Cap ($M USD): 7.516 ?
Why dev have 2 $M less?
The Technology Development Fund ($5.793M) is the raw cash value of the 14,079 donated BTC. This money will fund further code development of Lisk. In return for this donation of 14,079 BTC, the BTC donors will split among themselves around 77M Lisk. The Market Cap includes: the cash Tech Dev Fund + 15.00M Lisk (worth 2740 BTC) held back by Lisk Foundation for founder rewards and future payments / bounties + 5.75M Lisk (worth 1049 BTC) distributed to former Cryptti XCR holders as "payment" for the Version 0.5.5 code base Lisk will use at launch + 2.17M Lisk (worth 397 BTC) that were handed out as early donation bonuses. The difference between the cash Tech Dev Fund and Market Cap are effectively additional payments for Management Fee / Infrastructure / Advertising expenses as a 23% overhead rate. |
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Watching my ipo share decrease every hour makes me sad  Yeah me too. Because if price goes up at launch we will have less Lisk. Is that correct? The total value of what you donated will be preserved. As the price of Lisk goes up, the quantity you hold goes down to maintain the original value you bought in at. Nobody loses or gains any money during the ICO. We are splitting up a fixed 85M Lisk among the people who show up. More people, smaller shares of the total pie. |
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