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

[MalReynolds]

Another consideration - Lightcurve is a blockchain consulting company.  It is a way Max and Oliver can be paid to work on other cryptocoins besides Lisk.  So establishing Lightcurve almost certainly means Max and Oliver will not be spending 100% of their time on Lisk in the future.

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[BitBanksy]

Another consideration - Lightcurve is a blockchain consulting company.  It is a way Max and Oliver can be paid to work on other cryptocoins besides Lisk.  So establishing Lightcurve almost certainly means Max and Oliver will not be spending 100% of their time on Lisk in the future.

Mal you make it sound so negative. Lightcurve is simply an LTD that enables its employees to be legally registered in Berlin and to get paid by the Lisk foundation in Switzerland.

As clearly stated in the article, Lightcurve is the enterprise used by the Lisk Foundation to support the development and promotion of Lisk while also assisting with the management of its community.

Have you ever heard of the "Dutch sandwich" or the "Double Irish arrangement"? Google it if you don't know what I'm talking about and please connect the dots before making "sided" consideration

Beside, this legal arrangement is in place since November 2016. No one ever paid attention to it until now. Why making a big deal out of nothing only now? Is this another way to create more drama around Lisk?

[stormia]

I'm beginning to lose confidence in Lisk, as many supporters have. I'm not going to sell yet but I've pretty much written this off as a loss at this point.

[BitBanksy]

I'm beginning to lose confidence in Lisk, as many supporters have. I'm not going to sell yet but I've pretty much written this off as a loss at this point.

Why are you loosing confidence?

[BitBanksy]

You don't have to report on how you spend the money in Germany that you transfer to yourself from your $10M Swiss non-profit organization.

That's a pretty nasty insinuation from someone like you... very surprising & disappointing at the same time.

[stormia]

I'm beginning to lose confidence in Lisk, as many supporters have. I'm not going to sell yet but I've pretty much written this off as a loss at this point.

Why are you loosing confidence?

Well, it has been how long since launch now? We have had pretty much no development while they try to set up their organizations/companies. Is there a legal reason why they can't work on the code during this time (honest question)? You expect me to believe it took every bit of their time (they should be working AT LEAST >=40 hr work weeks with how much money they are raking in) to set up their organizations when it took this long? Sure, these things take a while to accomplish because there is tons of back and forth and bureaucracy you have to go through, but they don't actually take that much time or require that much work on a daily basis (especially split between an entire team of people)- a good portion of the time is spent waiting for things to be filed, approved, waiting to meet with people, etc. What were they doing during this entire time while they waited for the foundation of their company and why couldn't they begin work on the code? Is it because they need the ICO money to hire outside programmers? But aren't there programmers within the team itself? Wouldn't it be in the teams best interest to begin development ASAP? It's not like they are getting paid one way or another until the ICO funds are released, so why wouldn't they work to increase the value of their token during that time (they hold tons of LISK too, remember)?

[cc001]

We have had pretty much no development

sorry, but that is wrong. If you check the github https://github.com/LiskHQ you will see that there has been A LOT of development. I'm on the testnet since the very beginning and helped testing every single alpha- and rc-release. There was a lot of progress. The problem is that you don't see that on the surface because most of the work has been done in the core, which is not visible to the regular user. There went tremendous work into the stabilization and performance increase of the core chain. And that work was very much needed before further development can happen. You can't build a fancy house on an unstable basement.

[MrPresident]

I'm beginning to lose confidence in Lisk, as many supporters have. I'm not going to sell yet but I've pretty much written this off as a loss at this point.

Why are you loosing confidence?

Well, it has been how long since launch now? We have had pretty much no development while they try to set up their organizations/companies. Is there a legal reason why they can't work on the code during this time (honest question)? You expect me to believe it took every bit of their time (they should be working AT LEAST >=40 hr work weeks with how much money they are raking in) to set up their organizations when it took this long? Sure, these things take a while to accomplish because there is tons of back and forth and bureaucracy you have to go through, but they don't actually take that much time or require that much work on a daily basis (especially split between an entire team of people)- a good portion of the time is spent waiting for things to be filed, approved, waiting to meet with people, etc. What were they doing during this entire time while they waited for the foundation of their company and why couldn't they begin work on the code? Is it because they need the ICO money to hire outside programmers? But aren't there programmers within the team itself? Wouldn't it be in the teams best interest to begin development ASAP? It's not like they are getting paid one way or another until the ICO funds are released, so why wouldn't they work to increase the value of their token during that time (they hold tons of LISK too, remember)?

Work on the code NEVER STOPS

[thandie]

Another consideration - Lightcurve is a blockchain consulting company.  It is a way Max and Oliver can be paid to work on other cryptocoins besides Lisk.  So establishing Lightcurve almost certainly means Max and Oliver will not be spending 100% of their time on Lisk in the future.

Your Lisk guys are totally confused and paranoid.
Why the hell are you speculating about such nonsense?

 

[MrPresident]

Another consideration - Lightcurve is a blockchain consulting company.  It is a way Max and Oliver can be paid to work on other cryptocoins besides Lisk.  So establishing Lightcurve almost certainly means Max and Oliver will not be spending 100% of their time on Lisk in the future.

Your Lisk guys are totally confused and paranoid.
Why the hell are you speculating about such nonsense?

 

Uuuhm, because.... The entire crypto market is speculation based...  Did you not realize this?
...and diversification is usually considered a good thing btw. 

[thandie]

Another consideration - Lightcurve is a blockchain consulting company.  It is a way Max and Oliver can be paid to work on other cryptocoins besides Lisk.  So establishing Lightcurve almost certainly means Max and Oliver will not be spending 100% of their time on Lisk in the future.

Your Lisk guys are totally confused and paranoid.
Why the hell are you speculating about such nonsense?

 

Uuuhm, because.... The entire crypto market is speculation based...  Did you not realize this?

I realize the "first Lisk supporters" need a therapy.
Canna welcomes you.

[gigabyted]

So in essence Maxie and Olivia have found a way to funnel all these delicious bitcorns to themselves......

Let's hope that Maxie will use some of the Bitcorns for the mother of all pumps on Liska....

but then again, 10,000 BTC is nothing when you think that Pascal coin was being pumped with 35 000 Bitcorns

Lol your confused between asset and daily volume

PascalCoin is worth around 5M$ right now and lisk is around 15M$.  Plus that 5M$ is scattered across coins holder while 11M$ of that 15M$ is in the lisk account.

[MalReynolds]

You don't have to report on how you spend the money in Germany that you transfer to yourself from your $10M Swiss non-profit organization.

That's a pretty nasty insinuation from someone like you... very surprising & disappointing at the same time.

I meant the word "you" in a generic rather than personal sense referring to Max specifically.  I should have picked different words.  I am too much of a pot-stirrer, even my wife says so.  Probably I should scale back on reading so many conspiracy theories in Zero Hedge....nah.  

I actually trust Max and Oliver from a personal standpoint not to do anything shady with the Lisk treasury.  I just thought Lisk was going to operate under the transparency rules of a non-profit organization, and this PR release seems to obscure more with what it doesn't say than illuminate by what it does say.  The thing that's surprising to me is that Max (to my knowledge) has never explicitly stated that Lightcurve is really a shell company for he and Oliver, and he certainly did not say so in the PR release announcing to the world the relationship between Lisk and Lightcurve .  Maybe I missed such a previous announcement.

Perhaps an arrangement like this is required to get money from Switzerland to Germany, or is the appropriate thing to do from a tax standpoint - yes, I am aware of the Dutch sandwich and Double Irish arrangements used by Apple and others.  Lisk has hit the big time if using a shell company is a serious tax consideration, and it may well be.

Bottom line:  I don't know what I'm talking about.

[Bobo81]

One day, there will be a boom on Lisk, just be confident and let the boom coming! 

[MrPresident]

So in essence Maxie and Olivia have found a way to funnel all these delicious bitcorns to themselves......

Let's hope that Maxie will use some of the Bitcorns for the mother of all pumps on Liska....

but then again, 10,000 BTC is nothing when you think that Pascal coin was being pumped with 35 000 Bitcorns

Lol your confused between asset and daily volume

PascalCoin is worth around 5M$ right now and lisk is around 15M$.  Plus that 5M$ is scattered across coins holder while 11M$ of that 15M$ is in the lisk account.

Ooooh... is that how it works? Hahahaaaaaaaaahhh.
ommfg.
Show us those transactions here... https://blockchain.info/address/3HsSR84zReeBt5fTMESWJ2y18pMo5gz2Sq
owait, you can't... why?
Because your guys statements are Total Bullshit.
https://blog.lisk.io/financial-report-2016-7e68cdd13b12#.qz32vn7pn
Its obvious you are paid trolls... better open another account and try again, ROFLMAO

[ryvirath]

The FUD market seems to be running out. Time to take a position in Lisk?

[stormia]

We have had pretty much no development

sorry, but that is wrong. If you check the github https://github.com/LiskHQ you will see that there has been A LOT of development. I'm on the testnet since the very beginning and helped testing every single alpha- and rc-release. There was a lot of progress. The problem is that you don't see that on the surface because most of the work has been done in the core, which is not visible to the regular user. There went tremendous work into the stabilization and performance increase of the core chain. And that work was very much needed before further development can happen. You can't build a fancy house on an unstable basement.

Sorry but as somebody who has been involved in crypto for 4-5 years now, getting a coin working at its most basic level is not what I consider "development". That should have been ready at release. With any other coin that would have been ready at release. For fucks sake you guys do remember this is based on CRYPTI, right? They've actually been working on this for far longer than you would assume based on how long LISK itself has been out, and yet we are still struggling with the basics. Not to mention this means they have essentially had TWO ICOs and are just now getting the the proverbial "foundation" laid. What exactly did we pay them for with that CRYPTI ICO? What exactly have we paid them for with the LISK ICO so far? We've paid them to set up tax shelters for the money we gave them and to get the blockchain (which is basically a copy of CRYPTI, so again idk what we paid for with CRYPTI if it isn't already working by this point) working at its most basic level, that's about it. When I say development I mean the things that are "supposed" to set LISK apart form the surplus of other stable and adequately performing blockchains. Those are the features they sold us on, those are features we are still waiting on.

[gembitz]

^AND NOW THIS ? ? ?  ===> https://bittrex.com/Market/Index?MarketName=BTC-JBS
 
MAX AND OLIVER ARE BUYING AND MAKING MONEYS! ! ! meh

WTF does a Bittrex chart of JBS have to do with max and Lisk?
Connect the dots please....  ? total nonsense

^yessir my team has decided to TAKE BACK the byteballs from max&oliver and give them back to all of the legit LiskCorp shareholders! :-)

((stay-tuned)))

[MrPresident]

He's complaining about the time it took to link the address. They could have released side chains by now    

you only need look into your lisk wallet to see the sidechains.... what's to "release"?

[MrPresident]

^AND NOW THIS ? ? ?  ===> https://bittrex.com/Market/Index?MarketName=BTC-JBS
 
MAX AND OLIVER ARE BUYING AND MAKING MONEYS! ! ! meh

WTF does a Bittrex chart of JBS have to do with max and Lisk?
Connect the dots please....  ? total nonsense

^yessir my team has decided to TAKE BACK the byteballs from max&oliver and give them back to all of the legit LiskCorp shareholders! :-)

((stay-tuned)))

It would seem you are the one not understanding plain english
Very funny, now answer the question.