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MGM
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March 28, 2016, 06:27:46 AM |
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Great news, I hope more will follow. His Dapp tutorial looks great from 1st glance. Can Lisk Devs or someone good with JavaScript verify his tutorial? |
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Ayers
Legendary
 Offline
Activity: 2632
Merit: 1024
Seabet.io | Crypto-Casino
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March 28, 2016, 06:30:47 AM |
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i didn't follow this whole delegate thing, how it work, it's like someone get vote for apply in politics? can we earn more lisk in this way? this coin would have been so much better if there was a plan to add a pow phase with a new algo, is this still possible to do? it would help having at least some form of backup for the value
I don't think it would be possible to do, and it would be stupid as it would go against our vision of having a cooperative consensus rather than competitive when there are money involved, there is no cooperative consensus ever |
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b1007
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March 28, 2016, 07:44:24 AM |
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Nice anagram  I am sure the developer had a lot of fun setting up SMAC  |
I like to speculate
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m3rt1x
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March 28, 2016, 08:20:01 AM |
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The interest on this coin is growing day-by-day.And it hasn't hit exchanges yet!
Q:Who could have expected it?
A:Everyone!
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Grumlin
Legendary
Offline
Activity: 2886
Merit: 1137
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March 28, 2016, 08:21:11 AM
Last edit: March 28, 2016, 09:26:23 AM by Grumlin |
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I want to continue the discussion about LISKPOOL! In BitShares 2.0 all holders can vote for changes of rewards for delegates (without hardfork) this allow shareholders to control the payment of delegates works. If I understand currently Lisk doesn't have such opportunity, so it's will be good idea (pool, for example max 10 delegates) will let take profit another people in a little parts of a big rewards. What do you think about this IMPORTANT topic?
I see only 2 ways:
1) decrease rewars on block to 1 lisk
2) pool MUST exist, beacouse it's let to little hjolders take a little profit
PS: At Cryptsi this problem was low priority, because cost of 1 crypti 1k satoshi, and 1 delegate gets 5*8640/101*30*1k satoshi + fee ~ 0.12 btc in month
Max and Oliver, what do you think about this? It it good, if delegate will take 10 (in ICO price) - 100 (if proce will x10) thousand dollars profit in year
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fulgdenea
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March 28, 2016, 08:26:38 AM |
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Lisk is looking most promising project because it getting wonderful community attention, i am feeling great to be part of this and now just waiting to mainnet will be launched than i will have my Lisk there.
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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March 28, 2016, 08:42:21 AM |
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Nice read, thanks for the links. I read the article and i find the arguments moooore as just funny. So even with the 100x less security (?) for bitcoin, what i find completely bullshit to say (you have a computer or an asic you want and to hack or you want to group all the hashshare to break bitcoin) 101 delegates is a joke of security in my eyes. Thats like 101 nodes, btc having over 6000, 1 hash/15 sec to 1,2*10000000000 hashes/15 sec If you want security, you cant go without sha256, merged mining or script. Valueing network and blockchain and coinsupply, Pow is the only one solution, we know is working and scaleable up to 25 transactions a second. PoS we dont know how it will work with 5 transactions a second. |
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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March 28, 2016, 09:17:35 AM |
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My delegate node is up and running on my local testnet. If anyone wants any help in setting up a node, let me know. Be sure to add me to any voting list! I am testing on my local network. I will be setting up my main delegate node on a VPS in London and running one on my home PC (Kent, UK) But i am not campaigning for votes for this one. I am only having it to help secure the network. Visit my facebook page if your haven't, https://www.facebook.com/lisklondon/info/?tab=page_info, and get in contact with me if your from the UK!! I want to plan some competitions for the start of the first term of the 16/17 year at universities etc. 70% of my node is being locked away into funding DApp development competitions. I have no interest in taking any of it. I have enough LISK from my initial ICO investment and the 30% i am keeping for node maintenance, i am sure in years to come, will be enough. If LISK does get to silly money, i will lower my stake from 30% -10%. I don't want to be earning money being part of the 101. I want to secure the network and fund development. Good luck to everybody, remember to give us a shout if you need any help.  Pinkman. So pinkmann is in the series a heavy druguser and drugdealer And there are people chearing up with druguser and drugdealer with a serious mult-million-company, which is working with fintech technology. Fintech, where seriousity and reliability is the key. Lisk good luck! |
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sxafir
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March 28, 2016, 09:38:14 AM |
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Some news about start?
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devlin
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March 28, 2016, 09:51:35 AM |
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Lisk interest is huge, and after launch will be a success, but with DPoS system, value of LISK will decrease in time, this thing with delegates is not proven to be a success (is an example somewhere?) - a small group will produce coins and a large group will buy? I don't think so. In a POW system everyone can produce some coins (small miners for ex.) and is involved in coin. DPoS is energy efficient indeed, but for who? for a small group? DPoS will become like a closed group. DPoS is not attractive to masses. I like LISK and i want to succeed, but this is my opinion.
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qgmurugan007
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March 28, 2016, 09:52:06 AM |
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Some news about start?
April 11th AFAIK. |
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qgmurugan007
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March 28, 2016, 09:54:54 AM |
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Lisk interest is huge, and after launch will be a success, but with DPoS system, value of LISK will decrease in time, this thing with delegates is not proven to be a success (is an example somewhere?) - a small group will produce coins and a large group will buy? I don't think so. In a POW system everyone can produce some coins (small miners for ex.) and is involved in coin. DPoS is energy efficient indeed, but for who? for a small group? DPoS will become like a closed group. DPoS is not attractive to masses. I like LISK and i want to succeed, but this is my opinion.
I agree, small group of 100 is not ideal. With the amount of money generated at ICO, I wonder if LISK management themselves can run these 100 nodes and distribute the earning to the voting users somehow- after deducting the server running costs, of course? |
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soniclord
Legendary
Offline
Activity: 1134
Merit: 1002
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March 28, 2016, 09:55:30 AM |
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Hello!
You can add me into campaign?
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digitron
Member
Offline
Activity: 108
Merit: 10
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March 28, 2016, 09:56:47 AM |
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I still think Lisk would be better served in the long run by 101 altruistic unpaid volunteers, as I have said here from day one. There is still the option until launch to run the Lisk Foundation 101 Genesis Block nodes as long as required to find this group of people. I volunteer to be one of them.
Sorry about that "ass" thing...  I would volunteer an altruistic node too, that leaves 99 to go.... Why does it have to be "black or white", either rewards possibly going into the 100k$ range, or nothing at all? Why don't we fix limit the reward by algo to something like 10000$ a year? |
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Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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March 28, 2016, 10:00:29 AM |
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Hello!
You can add me into campaign?
what campaign? All signature campaign are over. You can keep the signature for promotion, but you won't receive any reward. |
I know why your pray will never be answered!
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bcmine
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March 28, 2016, 10:01:26 AM |
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I want to continue the discussion about LISKPOOL! In BitShares 2.0 all holders can vote for changes of rewards for delegates (without hardfork) this allow shareholders to control the payment of delegates works. If I understand currently Lisk doesn't have such opportunity, so it's will be good idea (pool, for example max 10 delegates) will let take profit another people in a little parts of a big rewards. What do you think about this IMPORTANT topic?
I see only 2 ways:
1) decrease rewars on block to 1 lisk
2) pool MUST exist, beacouse it's let to little hjolders take a little profit
PS: At Cryptsi this problem was low priority, because cost of 1 crypti 1k satoshi, and 1 delegate gets 5*8640/101*30*1k satoshi + fee ~ 0.12 btc in month
Max and Oliver, what do you think about this? It it good, if delegate will take 10 (in ICO price) - 100 (if proce will x10) thousand dollars profit in year
liskshifter 10:36 at joel sorry one question more. now a transactions costs half a dollar cent. if the price of lisk goes 10x times, we would be at 7.5 dollar cent, what could be to expensive for an altcoin, what would happen then? good to hear that dapp registration costs maybe are going to be set up differently. 0.1 LISK of amount sent for a spend transaction 5 LISK for registering a second passphrase 100 LISK for registering a username 100 LISK for registering as a delegate 1 LISK to add a contact 500 LISK to register a dapp 5 LISK per member for registering a multi-signature group. 0.1 LISK of amount sent for a spend transaction is that 0.1 % of lisk of amount? joel 18:31 @liskshifter: Most of the fees will be changing, stay tuned for a status update |
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bcmine
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March 28, 2016, 10:02:48 AM |
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I still think Lisk would be better served in the long run by 101 altruistic unpaid volunteers, as I have said here from day one. There is still the option until launch to run the Lisk Foundation 101 Genesis Block nodes as long as required to find this group of people. I volunteer to be one of them.
Sorry about that "ass" thing... I would volunteer an altruistic node too, that leaves 99 to go.... Why does it have to be "black or white", either rewards possibly going into the 100k$ range, or nothing at all? Why don't we fix limit the reward by algo to something like 10000$ a year? cryptis delegates were altruistic. It didnt work. experiment closed as far I can see crypti.me is down. |
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soniclord
Legendary
Offline
Activity: 1134
Merit: 1002
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March 28, 2016, 10:03:39 AM |
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Hello!
You can add me into campaign?
what campaign? All signature campaign are over. You can keep the signature for promotion, but you won't receive any reward. (( |
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prix
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March 28, 2016, 10:06:32 AM |
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...
The argument for giving 1 Lisk up to 101 Votes is that it prevents someone from securing a delegate spot by holding 1% of the Lisk, but by consuming the votes to hold that one spot it makes it a lot harder for that same holder to collude with other large holders to secure all 101 spots.
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I would still rather see 1 Lisk = 1 vote for 1 delegate.
Actually that's what we said before. I fully support. |
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