[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers

[tombstone2]

And by the way, why do people keep saying "IOU" trading as if that's unusual?  The fact is, ALL trading at exchanges is based on IOUs.  If you trade BTC at an exchange, you're trading an IOU.  If you trade ETH at an exchange, you're trading an IOU.  When you finally trade LISK at an exchange, you'll be trading an IOU.  You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you?  

Whatever you want to call it, "IOU" or otherwise, yobit trading is different from trading ETH right now at polo because LISK hasn't even launched yet.
In either case, one may not be trading the actual coins from wallet to wallet like you say, but in the case of ETH at least the exchange holds the real thing.
There should be some word making it clear that Yobit holds no real lisk. The word/acronym the community has chosen to use is "IOU".

Ok, I'll accept that a misnomer has been chosen to describe pre-launch trading.  But the more important point is that there's nothing wrong with it as long as they have the ICO coins to back up their sales.  They do claim to.  If they are lying, of course that is very shady.  At the end of the day, if you are buying pre-launch LISK from YObit, you better have good reason to trust them!

Anyway, to be honest, I can't understand why an exchange like Bittrex doesn't do pre-launch trading.  They are pretty well trusted.  And they would stand to gain a lot by adding new users (since currently not many people trade there).  Another good candidate to do pre-launch trading would be OpenLedger since they're in the process of bootstrapping their decentralized exchange which, incidentally, runs on Bitshares who invented DPoS. 

[cointrader83]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

[ThePatient]

Yeah, the trading at yobit doesn't bother me. People can sell/trade/risk whatever they'd like.
Only thing about yobit that bothers me is people thinking that's where LISK price will start.
It may never even get there.

[bitseedmike]

Hey guys, We would like to know.
How does the delegate voting system work with LISK?
For how many PROFIT SHARING DELEGATES would I have to vote to get the most benefits?
So basically what i'm asking is if the voting system of LISK is gonna be A or B:

>a) Same voting weight applied to all selected delegates
-put your voting weight on as many different delegates as possible (Max=101).

>b) Voting weight is split between selected delegates.
-put all your voting weight on 1 specific delegate.

(Voting Weight = Voting Power)

Thanks

Come on, Can someone answer my question? Just a simple A or B

depends on the delegate and their program.  There will be some of A, some of B and some of C

I think what he is asking is how the voting weight will be applied. Since you can vote for up to 101 delegates with 1 vote. Will your voting power be split between all the delegates that you vote or each delegate that you vote gets your full voting power.
I think the answer is "A" . Correct me if im wrong.

This is correct. The full voting weight of the account is applied to each delegate which is voted for, so voting for 101 delegates creates 101 times as many votes than just voting for 1 delegate.

A given profit sharing delegate might or might not decide to distribute profits to a voter based on how much he diluted his vote by voting for other delegates as well, and a profit sharing delegate pool with multiple delegates may decide to whitelist voting for any of its delegates by excluding voting for them from the penalty for voting for other delegates outside of the pool.

[JanDzban]

Even if the lisk iou on yobit reaches 0.0001 btc per Lisk, i am not selling my lisk below 5 dollar. Instead i will buy a lot of more!!

[shinep]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

I don't joke about WildBeastBitcoin.  It's a dead serious coin.

So howz the wild beast superior to Ethereum?

[Digital_Currency_LTD]

Even if the lisk iou on yobit reaches 0.0001 btc per Lisk, i am not selling my lisk below 5 dollar. Instead i will buy a lot of more!!

Hehepicture from Django

[JanDzban]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

I don't joke about WildBeastBitcoin.  It's a dead serious coin.

So howz the wild beast superior to Ethereum?

I'm glad you asked.  The name is much more intelligent sounding than Ethereum.

"WildBeastBitcoin accepted here" stickers will soon be more numerous than Bitcoin stickers

 Are you kidding me?

[cannabanana]

im a ico holder too but all this crap of $2-$5 when it launches is silly ico was at 10 cents. you will think people wont sell for $1 you think they wont sell for 50cents. hell some might dump at 0.20cents. all this talk of eth not being better than lisk i just find funny. lisk not gonna beat ETH.

ETH is 10 times better than bitcoin, i dont see it beating it actually its falling and bitcoin is rising. people basing the judgements on the IOU and they dont realize the harm that drop will do when it actually launches. that IOU will give investors a idea of a ceiling and then just expect some nasty dumps. and very little BTC.

ETH and REP were not IOU on any major exchange. these small exchanges just making a quick buck and there is no one buying but themselves. i said before anyone buying it now on the sites is literally buying a premine. if they dumping at these prices with only a few hundred thousand imagine what a few million would do. 

very little is being talked of lisk dev but vitalik is everywhere.

like i said eth cant beat bitcoin lisk aint gonna beat ETH,

radium cant beat factom
expanse cant beat ETH too. expanse had better feature than ETH and that got a cap of $2.5million so with the added features on LISK it would be overvalued. with its ICO $5.9million i invested early had i known it would go to $5.9million i had think twice. but please hype it down a little so we ico holders can make a tidy profit and sell

Ethereum CANNOT Beat Bitcoin

Lisk CAN beat Ethereum

Lisk CANNOT Beat Bitcoin

[cannabanana]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

I don't joke about WildBeastBitcoin.  It's a dead serious coin.

So howz the wild beast superior to Ethereum?

I'm glad you asked.  The name is much more intelligent sounding than Ethereum.

"WildBeastBitcoin accepted here" stickers will soon be more numerous than Bitcoin stickers

 Are you kidding me?

I don't joke about WildBeastBitcoin.

[gembitz]

This is correct. The full voting weight of the account is applied to each delegate which is voted for, so voting for 101 delegates creates 101 times as many votes than just voting for 1 delegate.

A given profit sharing delegate might or might not decide to distribute profits to a voter based on how much he diluted his vote by voting for other delegates as well, and a profit sharing delegate pool with multiple delegates may decide to whitelist voting for any of its delegates by excluding voting for them from the penalty for voting for other delegates outside of the pool.

i'm sorry i'm new around here this sounds like some weird ponzi circle jerk! ..what is this anyway?    meh

[freemind1]

This is correct. The full voting weight of the account is applied to each delegate which is voted for, so voting for 101 delegates creates 101 times as many votes than just voting for 1 delegate.

A given profit sharing delegate might or might not decide to distribute profits to a voter based on how much he diluted his vote by voting for other delegates as well, and a profit sharing delegate pool with multiple delegates may decide to whitelist voting for any of its delegates by excluding voting for them from the penalty for voting for other delegates outside of the pool.

i'm sorry i'm new around here this sounds like some weird ponzi circle jerk! ..what is this anyway?    meh

Where is your JEDInoobcoin jester? 

[cannabanana]

[Erkallys]

This one is so nice ! Nice humour references that we have here ! Is it you who made it ? If you're or not the artist behind this, that's still my new wallpaper !

[cannabanana]

This one is so nice ! Nice humour references that we have here ! Is it you who made it ? If you're or not the artist behind this, that's still my new wallpaper !

NO, I stole it from someone on page like 300  someone made a reference to it a few pages back but didn't want to find the damn thing i guess lol.

It was only posted once before.

[cannabanana]

You a psychic?

[pugilist555]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

I don't joke about WildBeastBitcoin.  It's a dead serious coin.

So howz the wild beast superior to Ethereum?

I'm glad you asked.  The name is much more intelligent sounding than Ethereum.

"WildBeastBitcoin accepted here" stickers will soon be more numerous than Bitcoin stickers

Firstly, it is not polite to talk about another coin. This is a Lisk thread afterall.

I am also invested into WBB and for your information the stickers (whenever they get printed) will never be called 'WildBeastBitcoin' as they are soon going to change the name to 'WildBeastBlock'

[nuevo]

Yeah, the trading at yobit doesn't bother me. People can sell/trade/risk whatever they'd like.
Only thing about yobit that bothers me is people thinking that's where LISK price will start.
It may never even get there.

And that's ok if it doesn't. The real work of the community starts when the coin is launched. I'm currently working on (outsourcing) a fun dapp I think people will like.

[Erkallys]

People are pulling BTC out of alts in order to buy WildBeastBitcoin

WildBeastBitcoin is up 10% this week, it's mauling Ethereum

wildbeastbitcoin? What is it? Are you kidding me?

I don't joke about WildBeastBitcoin.  It's a dead serious coin.

So howz the wild beast superior to Ethereum?

I'm glad you asked.  The name is much more intelligent sounding than Ethereum.

"WildBeastBitcoin accepted here" stickers will soon be more numerous than Bitcoin stickers

Firstly, it is not polite to talk about another coin. This is a Lisk thread afterall.

I am also invested into WBB and for your information the stickers (whenever they get printed) will never be called 'WildBeastBitcoin' as they are soon going to change the name to 'WildBeastBlock'

Common guy ! Here a lot of people if not everyone compared Lisk to Ethereum. Even the OP does it. Then he was making of fun of this "WildBeastBitcoin", do not take it the serious way !

[rezilient]

Firstly, it is not polite to talk about another coin. This is a Lisk thread afterall.

I am also invested into WBB and for your information the stickers (whenever they get printed) will never be called 'WildBeastBitcoin' as they are soon going to change the name to 'WildBeastBlock'

so you love pussy coins?