Thought I'd give people here a heads up. This has been posted and the Bancor project leads may want to take action on it, https://www.txsrb.org/single-post/2017/10/05/Is-Bancor-an-Illegal-EntityHere is an interesting article on the founder of txsrb, http://www.huffingtonpost.com/2012/07/30/john-gotts-gop-kansas-idaho-house_n_1721167.htmlThe following are examples of the emails they have been sending to projects threatening to label them as toxic if they don't join their organization, and was an attempt to capitalize on fear from the events in China to further pressure people and projects into joining their organization: IMPORTANT: With China placing a halt on all ICOs, the Russian, Ukrainian, and US SEC recent reports and announcements, there is a level of uncertainty for some coins' lives moving forward. The Token and Exchange Self-Regulatory Body has already opened and we're assisting with the compliance efforts. A list of clean coins has been posted on the website and a list of toxic coins will be posted September 14th. TXSRB members will then vote on standardization and which coins are deemed clean or toxic. We want to make sure all the toxic coins have the ability to clean themselves by that date to show an effort of compliance. If you would like to discuss more via phone, please book a time in my calendar. TXSRB membership is FREE and encouraged to better self-govern our space. Brian Masterson Global Director | Revived Division Stokens Inc. | Stokens.com m 419.260.0245 brian@stokens.coThis article they promote, http://www.huffingtonpost.com/entry/this-is-why-digital-currencies-need-a-self-regulating_us_5993709ee4b0afd94eb3f5c0 , claims the SEC is an industry self regulating body: The SEC is not a government agency, rather they are a self-regulating body that was created by the member exchanges to protect and educate the public about securities. Similar agencies exist around the world providing the same service to their own citizens as the SEC does in the United States. This article is full of name dropping, trying to create a sense of consensus and association among prominent figures in crypto where it most likely does not exist. Their marketing materials they send to prospective members are full of similar references trying to stimulate a "jump on the bandwagon" effect. What this group is trying to do is seize control of the entire crypto industry in the US, setting themselves and their members up as gatekeepers, just as the American Medical Association did with medical care as a lobbying association for doctors in the 1800s. I would recommend anyone or any projects mentioned by The Tokens & Exchange Self-Regulating Body (TXSRB) to disassociate themselves from them as soon as possible. I, for one, will not do business with any project or person who is associated with TXSRB in any manner. |
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Hi xtester, can I go hunting on your farm? Very happy to see Skycoin picking up the pace.
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penguin wizzard fellow
why does this thread have so many 'views'?
I was wondering the same. Never heard of this coin and it's not on any major altcoin exchanges  I was wondering this as well. Maybe someone set up a bot to keep viewing posts to bump the view count. |
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The genesis delegates are run by the Lisk team to stabilize the main network while forking issues resulting from voting changing the ranking of the delegates are worked out. These will be down-voted and replaced with community run delegates when forging with block rewards actually starts.
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I think if your view of the crypto space isn't so myopic as short term price (1 week time frames) ranges, whether a coin will pump immediately you'd find that the discussion really has to do with the crypto space as a whole. If you have a general understanding of LISK everything they talked about impacts LISK. The governance, philosophical and intellectual ideas Hoskinson has towards the entire crypto space will directly influence LISK as a senior advisor. Personally, he very briefly discussed the 'tribes' and factions that have come out of ETC/ETH debate. I immediately thought that in relation to LISK the logo doesn't clearly define an attraction to a certain group of people. I think an overhaul will come, any marketing professional will quickly change the entire marketing look and feel to attract more people adopting a more populous approach. Hoskinson definitely has a "code is law" bent, which I personally agree with. I think human behaviour even if you do the right thing 99 times out of hundred depending on the mental, physical and overall health of the people involved they can slip up and make bad decisions. The 1 bad choice out of 100 can have massive impacts. I personally think Vitalik was under a lot of pressure to do the right thing with probably a million voices influencing his decisions. If Vitalik had left it alone, I am 99% sure a better (moral) hacker would have solved the problem without forking the chain. If you want Hoskinson has talked at length about LISK and his reasons for joining. Here: https://www.youtube.com/watch?v=FIMk-A7L8S4EDIT: at the 32 minute mark, they talk about LISK vis a vis ETH. But as you'll see in the video it's about the entire space, LISK will be moulded in relation to the entire space and what works best with the team they put together. The best companies solve problems identifying the need for side chains and other code bases definitely has it's place. Reading the white paper and listening to different interviews, there are some very smart, talented and well intentioned people on board. Thanks for the markers to watch at. You are right, that ETC will likely have an impact on Lisk given Charles's involvement, in that IOHK would be a strong candidate to port EVM over to Lisk as a blockchain app connected to Lisk. Lisk may even have ETC integration, though it would make business sense to have ETH integration as well. ETC does have some strong support in the Lisk community. My own preference is for ETH, but the market and ability for ETC to gain developer support and organize will be the deciding factors. |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
You really get it. What helped you the most to understand Lisk? I was already knowledgeable about Crypti, and have continued following Lisk. |
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While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains.
Thank you for your answer; however it is earning Lisk I am interested in, and since it's almost impossible to become a delegate of the main Lisk blockchain, can you point me to a sidechain which will allow me to earn Lisk for securing it? You will probably have to wait a few months for opportunities to run delegates for sidechains. It is a good time to set up a delegate to run on the testnet so you can gain experience. Also, it will depend on the sidechain as to whether they reward delegates in Lisk or their own token, which would need to be exchanged for Lisk or other currency of your choice. |
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Really liked your interview. Thanks for sharing  Is Lisk discussed anywhere in it? Don't have time to watch the whole thing, and not at all interested in ETC. Thanks, if you can save me the time, would definitely want to see any discussion on Lisk. |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
You really get it. What helped you the most to understand Lisk? Ok thanks for your clear answer. I don't find this elegant though, as if I am a fan of Lisk, I don't want to have anything to do with Ether, I guess Lisk should have some kind of catchall sidechain for all small apps and simple smart contracts... Also say I am a small guy with no big ideas and no desire to invest a lot of energy in this, can I, somehow, still earn Lisk by staking in any way or do I absolutely have to play the whole political game to become a Delegate? While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains. Running EVM as a blockchain app tied to Lisk is not the same as tying Ethereum directly to Lisk. It is more like forking Ethereum to run as different application for its smart contract functionality to run independently as a Lisk app. It is also quite possible that someone may develop a GUI to create smart contracts which run on Java Script with a consensus system on a dedicated set of delegates developed for that purpose. Also, please keep in mind that even with EVM running as a blockchain app on Lisk, any hacks or failures would be confined to that app and would not impact the main Lisk chain or anything else connected to it. |
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Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
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Can someone explain me how could sidechains replace ethereum's smart contracts in Lisk?
I think those 2 things are very different. Does this mean that for every Dapp with Lisk one has to download another sidechain blockchain?
Lisk blockchain applications are different from Ethereum smart contracts, although Ethereum Virtual Machine (EVM) can run as a Lisk app with its own delegates. Lisk apps run as sidechains which can receive and send Lisk from a multisig address on the main Lisk chain. They can use Delegated Proof of Stake like the main Lisk chain, but with their own set of delegates, or they can use a different consensus mechanism. Whether or not the user of a Lisk blockchain app has to download the sidechain for that app depends on how the developer designs the client and GUI for that app. |
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Thanks for the detailed update shogdite. I've noticed less negativity and accusations since the post. Lets see how things progress!
Well his claim to not be able to refund everybody is bollocks. He need only divide the btc he has left from the quarter of a million dollars you gave him by the number of coins in circulation and he could use that price as the buy-back level. That way everybody who wants to recover some of their money can do so and those who want to chance it with people who lied about using bought accounts and sold them a cheap web-script dice game, are able to leave their money with the fraudsters. By stating that he is only negotiating with the ten largest holders he is essentially letting them choose to walk away with no loss while the rest of you have to just swallow whatever these crooks deign to give you from this point forward. Even then you have no proof the coins he is 'refunding' aren't mostly his and the other 'dev'. Considering they lied to you from the outset, what reason do you have to believe them now? They've had more than enough opportunity to move the market up and down intentionally to play you all and accumulate cheap coins they can now sell back to themselves for your btc at ICO price and walk away as just an 'honest investor who got a refund'. My proposal would be: (1) Initiate a period (few days/a week or so) of collecting the LIR holders who want to be refunded - they would need to send their LIR to an escrow address (2) Refund proportionally all LIR holders from (1) with BTC from ICO (3) If any BTC remains, use it for LIR development - I guess there still will be some LIR holders that will believe in this project, but anyone can decide [Edit] Obviously, no preference for top 10 investors. Why are they better than all the others? And how much this top invest? Who knows... The most important information in this procedure would be: -BTC available for refunding -LIR collected for refunding -max refund price=ICO price Then everybody can decide what to do It also seems that by not offering the refund to everyone who was in the ICO, it makes it a lot harder for smaller investors to verify that any refunds actually went to to investors who weren't insiders on the project. The accounts receiving the refunds could actually have been used to shill the ICO to begin with with recycled BTC from the ICO or from other holdings of the founder, so the founder is in effect only refunding himself. |
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There are six different people like Armstrong, with models which all show the collapse process (it is a continuous and on going event starting in the 1915s and continuing until the oligarchy cannot maintain itself as a social structure) for different reasons on the same time scale.
Who are the other five, besides Armstrong? Very interesting discussion above on pi and lambda calculus and the distributed systems. Thanks for posting it. |
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For reference, since newsBTC article has been removed, Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ : Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014. After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.
Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet
To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.
However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.
On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin
Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.
All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.
Source: News tip via email
NewsBTC has contacted the developers for comments. This article is awaiting moderation.
Published by
JP Buntinx
JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx |
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Thanks for the reply. My work has been focused on promoting an alternative economy with decentralized money, mesh networking, p2p autonomous transport, and technologies for personal and local community production for the reasons you mention above. Many needs can be met by just using energy to extract water and CO2 from air, combining with trace elements to synthesize hydrocarbons, fabricating into food and recyclable goods, and recycling all waste to recover the energy and basic feedstocks to go back into the synthesizer to repeat the cycle. Every time I take garbage to the curb or flush the toilet, I'm throwing away money. In the mean time, while this is being developed, there are more conventional technologies for self and community self sufficiency. Walden Labs, http://waldenlabs.com/ , has a lot of info on these kinds of technologies, which can be simplified and reduced in form factor for widespread adoption. Eliminating much of the need for money with technology along with decentralizing the money severs the ability to control by those who control the money. There is a very interesting convergence of libertarianism and Marxism happening as a result of technologies of abundance, the difference from Marxism being that the means of production are owned by everybody instead of by any particular socioeconomic class. |
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This looks a lot like Skycoin's approach to mesh networking, Delay and Disruption Tolerant Networking, http://ipnsig.org/introducing-delay-disruption-tolerant-networking-dtn/ . The JPL animation shows the ideas behind store and forward packet routing and custodial data transfer between nodes. There is also a good introductory tutorial on the pdf link near the bottom of the page. |
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Some of the projects being developed right now are existential threats and much more political than either skycoin or bitcoin, but inevitable.
Any insight to offer on what these projects are? They sound very interesting. |
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The fluoride comments remind me a lot of the beginning of this movie - "They're poisoning our bodily fluids!" Great stuff in this thread, I can't stop reading it as it comes out. Still say the University System is the hidden but highly visible backbone of what Skycoin describes. Recruits are inducted and training starts while in college, not just after. |
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There are archaeological anomalies which were definitely made with the precision of advanced technology, either from previous advanced human civilizations or off world technology. The most interesting is Puma Punku in Bolivia, with its precision cut stones. A lot of the ancient artifacts were destroyed by missionaries during colonization or melted down for their gold content. The Library of Alexandria also probably had a lot of interesting ancient documents.
Sounds like Skycoin has access to some fascinating material in the privately held primary documents he mentioned. The way I piece things together is to overlay many different narratives so the common patterns reinforce each other to yield a coherent image of the truth while the dis-info and mis-interpretation cancels out as noise. There seems to be a collective human memory which unconsciously remembers far gone events and echoes them in mythology, scattered fragments in documents, and even contemporary fiction which expresses common themes and stories from ancient times.
I would like projects like Skycoin to succeed so there is a means for those with inside information to be able to safely dump it into a publicly accessible, uncensorable space.
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One major component Skycoin has left out, the elephant in the room no one seems to really look at, is the university system, especially the Ivy League schools in the US and the much older universities like Cambridge and Oxford in Europe. There are EU universities which have been around longer than any of the governments and corporations, and the Ivy League universities are older then the corporations and even the government of the US. The universities are recruiting grounds where the candidates are observed, screened, and selected ones recruited into secretive organizations. Virtually all of the appointees and those who appoint them go through this system, as well has the top levels of corporate, religious, institutional, and government leadership. The universities encourage graduates to believe they are meant to lead and qualified to make decisions for other people and control their lives. There is also a lot of control over what is allowed to be researched and published in academic journals. Scientists and economists who don't go along with what is allowed are banished and go unfunded. An interesting thing about universities is the amount of autonomy they are allowed on their campuses. They could be added to Skycoin's list of organizational types likely to survive, as they have done so through the middle ages and into the modern era. Skycoin has presented a good summary of what is going on, but has left out the top level of the heirarchy. The conflicts of the various factions are the result of this top level encouraging the conflicts, playing both sides, and deciding the victor. Maybe he's aware of it but it is pretty 'out there' for most people. The two books which seem to present it best are The Gods of Eden by William Bramley, http://www.amazon.com/Gods-Eden-William-Bramley/dp/0380718073/ref=sr_1_1?ie=UTF8&qid=1444026253&sr=8-1&keywords=gods+of+eden and Zecharia Sitchen's Genesis Revisited, which is a summary of his much more extensive Earth Chronicles series. There are a few points I disagree with on Sitchin, such as theory of an inhabited planet in the solar with an elliptical orbit with a period of 3600 years (I think it is more likely a nomadic space based civilization which travels between solar systems at relativistic velocities with time dilation, farming the solar syatems in their route), but find his theories quite credible. High Weirdness is one of my hobbies. |
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