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

[cryptoboy.architect]

lisk = risk

lisk = low risk

[Skatebird]

Risk = money

[Wolf Rainer]

How much time it takes to confirm the deposit?

[cannabanana]

How much time it takes to confirm the deposit?

whenever your btc transfer has its first confirmation

[cannabanana]

42 more BTC and we'll hit 3500 BTC donated.  doing pretty good.  I bet early on it would be 2500 BTC at the end but shit, I was way wrong.   Lots of interest in this coin.  The guy who said 5000 BTC looks like he might be right lol.

[Wolf Rainer]

How much time it takes to confirm the deposit?

whenever your btc transfer has its first confirmation

One confirmation and still nothing...

[karmacoma24]

How much time it takes to confirm the deposit?

whenever your btc transfer has its first confirmation

One confirmation and still nothing...

Deposits are confirmed after 3 confirmations.

[Arrakeen]

Hi guys,

Glad to finally be a part of Lisk

Quick question: what now?!



Per OP, I've documented & saved the three phrases/keys/what have you that were generated for this purchase.  Now do I just...wait until ICO is over?  When hopping on the lisk train, I didn't realize my ICO buy also came with a bonus: a free, lingering feeling of anxiety as my funds are floating around somewhere out of my grasp   

Not that I expect to be scammed - the only thing that had me worried was that, although I used a mobile device to purchase LISK, there was no option to 'download keys' as seen in this image.  Despite this, I do have the 'Keys have been accepted' status upon receiving my three different keys/ten word phrase/whatever the last one is (hash?)

Just making sure I'm not missing anything here.  Just want to see that gray arrow turn blue!  Thanks in advance

[Bubba-Gump]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

[cannabanana]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

You're retarded.  Discuss that.

[Bubba-Gump]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

You're retarded.  Discuss that.

You didn't convince anyone with that outburst. Explain what prevents this from happening.

[Alexthesalamander]

Why not make LISK into a Dapp on the Ethereum blockchain?

[Bigcabrito]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

[Bubba-Gump]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

[cannabanana]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people.  Gawd your Fkn stupid.

[Bubba-Gump]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people.  Gawd your Fkn stupid.

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

[cannabanana]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people.  Gawd your Fkn stupid.

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

Dude, if that happens they could just get kicked off the delegate list and a new person gets a chance. Fucking turd.

[Bigcabrito]

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

This 51% attack can occur with any cryptocurrency. Lisk, as with all other cryptocurrencies, is fully dependent on their base users.

If the majority (> 50%) of Lisk owners choose to use unregulated Somalian exchanges to trade, it is the end-users fault if the unregulated Somalian exchange decides to control the Lisk network by using end-user funds for voting their own delegates into the active delegation.

Fortunately, exchanges are fairly regulated these days. These exchanges do not use funds for voting or staking.

[Bubba-Gump]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people.  Gawd your Fkn stupid.

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

Dude, if that happens they could just get kicked off the delegate list and a new person gets a chance. Fucking turd.

They will kick themselves off?

[cannabanana]

This is a story about an exchange

It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.

Everyone else is fucked.

Discuss

Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins.

If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions.

With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government?

the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people.  Gawd your Fkn stupid.

The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people.

If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split.

There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness.

Dude, if that happens they could just get kicked off the delegate list and a new person gets a chance. Fucking turd.

They will kick themselves off?

with nodes costing like $50 I think anyone can afford to become one.  You're just worrying about absolutely nothing and trying to cause a scene also for no real reason.  Or your reason is fucking greed.