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

[MrPresident]

https://forum.lisk.io/viewtopic.php?f=52&t=1425&p=10523#p10523


Transparency Report - January 2017
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Tue Feb 21, 2017 7:33 am

As of the 21st February 2017 at 6:30pm CET, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

- 572,377.69 CHF
- 517,653.10 EUR
- 10,943.958646 BTC
- 4,407,448.78 LSK
- 19,863,230,659,049 bytes

Additionally, the Lisk Foundation holds the following assets for bounties and advisers:

- 3,926,049.87211678 LSK (Bounties)
- 771,745.97898046 LSK (Advisers)


Expenditures

In January 2017 the Lisk Foundation spent approximately 241,172.4 CHF for all operations, including pre-payments and future allocations. Below you can find an approximate breakdown of this years expenses.

Marketing & PR: 7,035 CHF
Infrastructure: ~2,500 CHF
Legal: 15,023.40 CHF
Conferences & Travels: ~3,000 CHF

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.


Not included are: Taxes, exchange fees, smaller expenses throughout the year and dust.

The transparency report for February will be published in the beginning of April. This lag is necessary to give more accurate, polished and in-depth data.

[1714491984]

1714491984

[1714491984]

1714491984

[MrPresident]

From the document above it shows ~ 10,900BTC on hand ...

Looks like 499 was sent to this address, just today
https://blockchain.info/address/3LVHLnfqy6i4igAM1ngL77KKEVLWgTx8zJ

They will liquidate till 10000 btc left. And will run with it next1/2 yrs. Now is good time to liquidate.

Only 2000 BTC is to be liquidated this month to last a year or two as in the community meeting

[s0nix]

Max must do better to communicate what gets done every week.  weekly reports.  honestly, i hope this project picks up not only momentum and devs, but real marketing and branding. hodl my breath.

But, on the other hand, the Lisk team has been very committed to providing continuous news about the work.
Of course, you can always improve some things. And sometimes the communication can be better.
Please check this sections. There you find so many weekly summaries, updates, news also regularly published.


Weekly Summaries: https://forum.lisk.io/viewforum.php?f=44
Development Updates: https://forum.lisk.io/viewforum.php?f=46
Community Meetings: https://forum.lisk.io/viewforum.php?f=45

[punkrock]

Mainnet will be updated tomorrow!

Tomorrow around 11am CET we will release 0.6.0 to main network. As a preparatory step, please ensure your nodes have had their minVersion parameter updated. To make the update easy, you can use the following command to do it, please note this will install JQuery on your system which requires sudo privileges. If you have already done it you can disregard these steps.

Code:

cd lisk-main 
sudo apt-get install -y jq

mv config.json config.json_old
cat config.json_old | jq '.minVersion = ">=0.5.0"' >> config.json
bash lisk.sh reload

[Poly#Crypto]

 
Hey Liskers


Transparency Report - January 2017


As of the 21st February 2017 at 6:30pm CET, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

- 572,377.69 CHF
- 517,653.10 EUR
- 10,943.958646 BTC
- 4,407,448.78 LSK
- 19,863,230,659,049 bytes

Additionally, the Lisk Foundation holds the following assets for bounties and advisers:

- 3,926,049.87211678 LSK (Bounties)
- 771,745.97898046 LSK (Advisers)


Expenditures

In January 2017 the Lisk Foundation spent approximately 241,172.4 CHF for all operations, including pre-payments and future allocations. Below you can find an approximate breakdown of this years expenses.

Marketing & PR: 7,035 CHF
Infrastructure: ~2,500 CHF
Legal: 15,023.40 CHF
Conferences & Travels: ~3,000 CHF

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted to the lightcurve GmbH which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.


Not included are: Taxes, exchange fees, smaller expenses throughout the year and dust.

The transparency report for February will be published in the beginning of April. This lag is necessary to give more accurate, polished and in-depth data.

Source: Lisk Forum

[s0nix]

Hey Liskers


Transparency Report - January 2017


As of the 21st February 2017 at 6:30pm CET, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

- 572,377.69 CHF
- 517,653.10 EUR
- 10,943.958646 BTC
- 4,407,448.78 LSK
- 19,863,230,659,049 bytes

Additionally, the Lisk Foundation holds the following assets for bounties and advisers:

- 3,926,049.87211678 LSK (Bounties)
- 771,745.97898046 LSK (Advisers)


Expenditures

In January 2017 the Lisk Foundation spent approximately 241,172.4 CHF for all operations, including pre-payments and future allocations. Below you can find an approximate breakdown of this years expenses.

Marketing & PR: 7,035 CHF
Infrastructure: ~2,500 CHF
Legal: 15,023.40 CHF
Conferences & Travels: ~3,000 CHF

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.


Not included are: Taxes, exchange fees, smaller expenses throughout the year and dust.

The transparency report for February will be published in the beginning of April. This lag is necessary to give more accurate, polished and in-depth data.

Source: Lisk Forum

Haha  , comes at the right time.
Because a lot of people are talking about the reports.

Thanks

[Colonel Crouton]

No progress + No communication + Absurd ICO + No work = Big time scam

[nyanhtet]

No progress + No communication + Absurd ICO + No work = Big time scam

steady progress + good community + second most successful ICO + work smart  = long term success

[Thereisnospoon]

Shit-wish bitcoin would calm down a bit lol.Anyway like price action and good load of fud here

[gigabyted]

From slack:

Max: Good thing is, we are active since 51 days or 7 weeks. 🙂 We now have 5 developers, and 2 more lined up for the next 2 months. Hopefully more soon.

Some more devs coming up!  Thats great!

[O_Omaha]

Max will not give any reward back to the Lisk community.

This is definitely not true!

Distribution of Testnet Bounties: https://blog.lisk.io/distribution-of-testnet-bounties-e2c0973879f9#.hl5licgkg
Proposal Contest & Delegate Campaign: https://blog.lisk.io/community-delegate-contest-prepare-yourself-4f2da59ff507#.z0zh5p4en
For The Lisk Community, Thank You.: https://blog.lisk.io/for-the-lisk-community-thank-you-ee9870ba5bab#.8369l5nlz

And I know some other people have gotten a thank you for their work last year.

Yes, I meant byteball reward as the poster had suggested.

I see some reward in Lisk has been given back to the community but it's very little in comparison to the time and money the community members have spent helping Lisk.

So Is this not a good statement in your opinion?

Warren:
What will happen to the ByteBalls that you have and will receive?

Lisk (Max):
We have something very positive that we are going to do for the Lisk holders but, as of now, we cannot say exactly what we will do. We are awaiting advise from our lawyers.

https://forum.lisk.io/viewtopic.php?f=45&t=1420

So you are thinking that Max will distribute his byteballs to all lisk holders?

He also said he would have a whitepaper finished about 8 months ago. still waiting...

Hey, I'm not Max. And I'm not one of his lawyers.
But yes. If he says that then I believe that.

A question about the whitepaper during the last community meeting:

Forrest:
Can we still expect the whitepaper by Q1 2017? Also do you plan to put the whitepaper on github and update when necessary?

Lisk (Max):
My current understanding on whitepaper is that, within this blockchain community, it is used as a marketing tool for upcoming ICO's. We still can, and may, create one but the question will then be if we would like to write a normal whitepaper or a more sophisticated (Ex: Bitcoin, Ethereum) one. It all depends if we find the time to do this or somehow think its worth taking a developers time away from development and steering it towards creating a Lisk whitepaper.

As Founder and CEO of Lisk, Max should have been able to write a whitepaper. He said he was working on the whitepaper before his trip to China, and would finish it up within a couple weeks after returning from China.

This all just more misdirection from the Lisk CEO. The truth is he is not competent enough to write a whitepaper, does not know very much about the Lisk code, found the task too daunting, and said fuck it.

[jayohby]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

[gigabyted]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

Lol its a non profit, they can't pay themself with it.  But they can pay LightCurve thou...   It's only a structure to be able to use those funds according the the country laws

[O_Omaha]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

They do their own development.

The money "pre-payment" of 200,000 EUR is probably to their shell company "LightCurve". Who knows what LightCurve will do with that money. Is there a transparency report?

[s0nix]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

They do their own development.

The money "pre-payment" of 200,000 EUR is probably to their shell company "LightCurve". Who knows what LightCurve will do with that money. Is there a transparency report?

This really is the silliest FUD I ever saw 

[O_Omaha]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

They do their own development.

The money "pre-payment" of 200,000 EUR is probably to their shell company "LightCurve". Who knows what LightCurve will do with that money. Is there a transparency report?

This really is the silliest FUD I ever saw 

yeah that was pretty silly because we all know what happens when that money goes to their shell corp.  Max fills his pockets while you lose your bitcoins invested in lisk. dont believe me? lay off the kool-aide for a few days and just look at the charts 

[kolap]

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted with one of the Lisk Foundation's main contractors which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.

the team doesn't even do their own development. they contract it out to a third party - who knows who this is?? lol

garbage team.

Lol its a non profit, they can't pay themself with it.  But they can pay LightCurve thou...   It's only a structure to be able to use those funds according the the country laws

It's seem to me majority of Lisk coding is done by fixscrypt but now fixscrypt already moved to Ark. I read on Ark forum Lisk codebase is full of bugs because of rushing out so fixcrypt rewrote it again for Ark. It need to be bug free before they can releasing Ark. My experience I have ton of problems with Lisk on Polionex, deposit and withdrawal. I'm surprised Poloniex still have Lisk.

[s0nix]

It's seem to me majority of Lisk coding is done by fixscrypt but now fixscrypt already moved to Ark. I read on Ark forum Lisk codebase is full of bugs because of rushing out so fixcrypt rewrote it again for Ark. It need to be bug free before they can releasing Ark. My experience I have ton of problems with Lisk on Polionex, deposit and withdrawal. I'm surprised Poloniex still have Lisk.

My experience Lisk has the same problems as all the other coins on Poloniex during maintenance.
My guess, you have no idea of the Lisk code and you don't know GitHub, you repeat only the same typical FUD as all other noobs.

https://github.com/LiskHQ/lisk/graphs/contributors

So fixcrypt has done a lot for lisk. But when he was gone the other Devs did the main work further and very well.
Now Lisk has 5 developers, two more are coming soon.

But you know nothing at all:

When will i get my arks to ico page?
end of the month?

What ico? There was an ico?

Haha,  

[O_Omaha]

It's seem to me majority of Lisk coding is done by fixscrypt but now fixscrypt already moved to Ark. I read on Ark forum Lisk codebase is full of bugs because of rushing out so fixcrypt rewrote it again for Ark. It need to be bug free before they can releasing Ark. My experience I have ton of problems with Lisk on Polionex, deposit and withdrawal. I'm surprised Poloniex still have Lisk.

My experience Lisk has the same problems as all the other coins on Poloniex during maintenance.
My guess, you have no idea of the Lisk code and you don't know GitHub, you repeat only the same typical FUD as all other noobs.


But you know nothing at all:

When will i get my arks to ico page?
end of the month?

What ico? There was an ico?

Haha, 

Actually he is correct, there was no ICO, Ark had a TEC (token exchange campaign)
so I guess you dont know much either. funny how when you make fun of others, karma has a way of bitch slapping you back to reality. enjoy 

[s0nix]

It's seem to me majority of Lisk coding is done by fixscrypt but now fixscrypt already moved to Ark. I read on Ark forum Lisk codebase is full of bugs because of rushing out so fixcrypt rewrote it again for Ark. It need to be bug free before they can releasing Ark. My experience I have ton of problems with Lisk on Polionex, deposit and withdrawal. I'm surprised Poloniex still have Lisk.

My experience Lisk has the same problems as all the other coins on Poloniex during maintenance.
My guess, you have no idea of the Lisk code and you don't know GitHub, you repeat only the same typical FUD as all other noobs.


But you know nothing at all:

When will i get my arks to ico page?
end of the month?

What ico? There was an ico?

Haha,  

Actually he is correct, there was no ICO, Ark had a TEC (token exchange campaign)
so I guess you dont know much either. funny how when you make fun of others, karma has a way of bitch slapping you back to reality. enjoy  

Haha...

Totally stupid.
This is the same as an ICO! Just another name!

Haha, crazy kids.

By the way, I like ARK too. And I hope you both are not involved in the community.