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

[sluppy]

- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please

cmon not terrorism Silkroad!

[cannabanana]

- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please

well I think the biggest issue is still that nobody knows the real price so we can't really do stuff that requires price calculations without totally just guessing.

It might very well turn out that this coin is NOT an expensive coin.

What about some sort of voting app where the dapp has control over issuance of registration tokens that are paid for in lisk.  This question is hard because you can basically say this for any coin.

The benefits are that the processing of transactions are lightning fast and it does not waste energy because of the streamlined block reward system.

Basically almost everything ethereum can do, Lisk can also do well.

the possibilities are endless and since it's new, it's your opportunity to build something you would want to use.

[MalReynolds]

- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please

https://forum.lisk.io/viewforum.php?f=8

[vlom]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

[tuvok007]

- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

I would be happy with just m instead of b 

[OpusXTF]

i think lisk above 50 cents and under 1 usd.

But you didnt give us the exact timeframe for that price    I say no under a dollar.EVER. First year between 1 and 10 USD and then only above 10 USD!

Maybe after launch above 50 cents and under 1 usd.

I see now 3 exchange - Lisk Token

Just now

Yobit https://yobit.net/en/trade/LISK/BTC 550k
Bloombit https://bloombit.net/  +- 250K
Chameleon http://chameleonbit.trade/beta/altcoin/lisk/ 90K

Just my 2 cents

[Nefritox]

If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

[usorin]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

Is it possible? They can buy votes?

[cannabanana]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

Is it possible? They can buy votes?

that's what profit sharing delegates are doing.  They are buying your vote so they can be a delegate and you get lisk for your vote.

[vlom]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

Is it possible? They can buy votes?

sure. you can buy or sell everything. and if a delegate really can earn that much, then there will be a market for votes.

[MGM]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

Is it possible? They can buy votes?

sure. you can buy or sell everything. and if a delegate really can earn that much, then there will be a market for votes.

Suddenly more people are realizing the amount money to be made in holding Lisk for long term

Encouraging holding Lisk is great for Lisk price. $20 to $30 Lisk is not so far fetched.

[usorin]

Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.

150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future    

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.

nice. so delegates have to buy votes.

please send me your offers.

Is it possible? They can buy votes?

that's what profit sharing delegates are doing.  They are buying your vote so they can be a delegate and you get lisk for your vote.

Where ? when?  How do I vote?

[MalReynolds]

If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

 How do I vote?

Go to the Lisk client, open your account, click on "forging" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.

[usorin]

If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

 How do I vote?

Go to the Lisk client, open your account, click on "forging" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.

Thanks for info!

[MalReynolds]

If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

  How do I vote?

Go to the Lisk client, open your account, click on "blockchain" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.

Thanks for info!

Note that I changed "blockchain" to "forging" in my post, I made a mistake.  Please correct it in your quote as well, thanks!

[cannabanana]

If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

  How do I vote?

Go to the Lisk client, open your account, click on "blockchain" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.

Thanks for info!

https://forum.lisk.io/viewforum.php?f=6

you can look for profit sharing delegates here.  There are a few available now.

[bitcoinuserz]

Hello for all the Fudders and ICOers out there. I am delegate Bitcoinuserx. I understand the desire for profit sharing. However, I am not going to share my profit. LIKE NOO. But here is what I am going to do. I am a man of greater insight. I believe that the value of each Lisk will exponentially increase as more developers hop on to this project. Since I am Korean, I am going to spend my earnings to upgrade my server and translate all the necessary documents into Korean so that Korean developers join Lisk Revolution. This is so much more valuable in long term rather than just sharing profits. If you are holding Lisk long term and want your Lisk to reach over 10 dollars, I hope you vote for me. By voting me, you are supporting my work of bringing so many Javascript Developers in Korea who does not have a job. At launch, I will announce my forging account so that people can easily vote for me with few click of a button 

[ZenFr]

Is there a list of delegates that will be profit sharing? to get votes

Yes : it's important.

[bandar]

- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please

well I think the biggest issue is still that nobody knows the real price so we can't really do stuff that requires price calculations without totally just guessing.

It might very well turn out that this coin is NOT an expensive coin.

What about some sort of voting app where the dapp has control over issuance of registration tokens that are paid for in lisk.  This question is hard because you can basically say this for any coin.

The benefits are that the processing of transactions are lightning fast and it does not waste energy because of the streamlined block reward system.

Basically almost everything ethereum can do, Lisk can also do well.

the possibilities are endless and since it's new, it's your opportunity to build something you would want to use.

You mention Ethereum, that doesn't ring a bell to average Joe.

You have to have good arguments to counter opinions as:

- If I want something online, I pay with paypal/mastercard.  I ay and get it instantly.  Blockchain speed does not interest me, average Joe.  
- Services for which you have to go to a site you never heard of (like poloniex), trust them with your money in order to get some coin while the graphs of almost any coin suggest a volatility like Nasdaq on steroïds won't get many people motivated.  If they want to bet/buy/game, they'll use mastercard/visa/paypal.  Bitcoin has been around way longer and if I talk to people around me (educated ones), the most they know is that it was internetmoney that boomed, then crashed with some shady stuff in between.
- Speed is a good argument indeed but then again: if I want something, I just pay for it with the known alternatives (see previous point).

- local markets (as a dapp) could be interesting for fast money transfer between people IF they don't have to go to a place like poloniex.


I think adoption could be found in games, donating small amounts of money for sharity, donating a 'thanks with some juice' to (for example) an artist/journalist/...or in avoiding taxes (but then you're messing with powers you don't want to meet who will do anything to destroy you and your blockchain).

[ZenFr]

I think that many many people forget tahn voting is not free : 1 Lisk.
Many people will not vote at the begining...