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

[Crypto Nut]

How much will 60%  XCR payments own in Lisk % ?

Currently a little bit more than 15% (and falling slowly).  See post #2744 on page 138.

I'm  too lazy to post all that on every page...

Even if everybody jumps ship from Crypti to Lisk on the very last day of the ICO, the total % of Crypti involvement will be well under 25%.  And be sure to read my links in the post above on why Lisk is NOT a "Crypti Bailout".

Lisk looks 100% like "Crypti Platform", and ICO sounds a "Crypti Bailout", then it must be...

just top 7 accounts (( even excluding"Crypti Foundation Reserve Account")) own more then 40% https://cryptichain.lisk.io/topAccounts so the blockchain is lier or lisk collected xcrs a lie  

Holly shit !

How did everyone miss that ?

If that Crypti blockchain is right, then this Lisk ICO is one BIG SCAM

I saved a screenshot before they take it down:

LOL the FUD has well and truly started. Don't even have our coins yet and they want us to panic sell.

[Bigcabrito]

How much will 60%  XCR payments own in Lisk % ?

Currently a little bit more than 15% (and falling slowly).  See post #2744 on page 138.

I'm  too lazy to post all that on every page...

Even if everybody jumps ship from Crypti to Lisk on the very last day of the ICO, the total % of Crypti involvement will be well under 25%.  And be sure to read my links in the post above on why Lisk is NOT a "Crypti Bailout".

Lisk looks 100% like "Crypti Platform", and ICO sounds a "Crypti Bailout", then it must be...

just top 7 accounts (( even excluding"Crypti Foundation Reserve Account")) own more then 40% https://cryptichain.lisk.io/topAccounts so the blockchain is lier or lisk collected xcrs a lie  

Holly shit !

How did everyone miss that ?

If that Crypti blockchain is right, then this Lisk ICO is one BIG SCAM

I saved a screenshot before they take it down:

LOL the FUD has well and truly started. Don't even have our coins yet and they want us to panic sell.

I have no idea what they are trying to prove. I've been analyzing the recorded image for awhile but don't understand what they are getting at.

[Bigcabrito]

Here's the tabular inflation comparison of Lisk with Ethereum.



Max has a really frontloaded inflation schedule (but still way lower than Ethereum!) to motivate community members to set up the DPoS node network ASAP.

Then he drops the inflation rate very quickly once that DPoS community node network is well established and has some run time under its belt.

This is a great comparison on inflation rates. Great job Mal.

[Ayers]

well lisk is not even minable, it's obvious thta it has less inflation, i can not see the comparison here

[patmast3r]

What language is used to code Lisk smart contracts?

"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalk.org/index.php?topic=1346646.msg13895722#msg13895722

Lisk is a platform for decentralized apps instead, written in javascript

Interesting. Wouldn't it be more apt to call them distributed apps then ? If not everyone in the network participates it's hardly decentralized. It's also not the case that anyone could start to participate or did I missunderstand that ?

Serious question btw....not trying to hate or anything (shame one has to point that out these days...people are getting really soft skinned in this space).

[karmacoma24]

What language is used to code Lisk smart contracts?

"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalk.org/index.php?topic=1346646.msg13895722#msg13895722

Lisk is a platform for decentralized apps instead, written in javascript

Interesting. Wouldn't it be more apt to call them distributed apps then ? If not everyone in the network participates it's hardly decentralized. It's also not the case that anyone could start to participate or did I missunderstand that ?

Serious question btw....not trying to hate or anything (shame one has to point that out these days...people are getting really soft skinned in this space).

Each sidechain is discrete, therefore not coupled with the main network.

A total of 101 master nodes can be selected by the dapp's owner, as in public keys are added to the dapp, allowing them to forge blocks on the sidechain.

In the future, this is something we will obviously address. What we have now is a starting point, therefore we will move further away from the model Crypti established as time progresses.

For example, we could implement the same voting mechanism used within the parent network, or maybe the ability to "bid" for a slot on a particular sidechain, we are open to ideas.

[Colombina]

Lisk looks 100% like "Crypti Platform", and ICO sounds a "Crypti Bailout", then it must be...

I think Lisk will be much better Crypti.

[karmacoma24]

^ To the sensitive souls who pointed out the discrepancy in the Top Accounts page of the explorer.

The reason for this is that two (out of five) of our crypti nodes had to be restarted, therefore you were seeing an older version of the blockchain as it reloaded.

I disabled the nodes within the cluster while they finished loading. Now all should be good.

To prevent future confusion, I will likely adjust the block explorer to automatically ignore nodes which are reloading.

If you have any doubts, then I invite you to install a Crypti node: https://github.com/karmacoma/crypti-docs/blob/master/BinaryInstall.md and see for yourself. The source code for the blockchain explorer is also open source: https://github.com/karmacoma/cryptichain#crypti-blockchain-explorer

[MalReynolds]

Once again I am coming in here as the sheriff of facts to set things right.  

The spreadsheet pictured above comes from a time that is well after the ICO started.  The big accounts you see are XCR that has been converted to Lisk consolidated into Crypti accounts controlled by Lisk.  There is really nothing special about this spreadsheet as far as I can tell.  It certainly does not seem to be evidence of a "scam", just routine operations....

It just so happens that the hour before the Lisk ICO started, I made a spreadsheet snapshot of the Crypti distribution.  It lists the top 1000 accounts.  It accounts for all 100M Crypti except for 207 Crypti spread out in the few remaining accounts.  Wanna see it?  OK, here you go....

Spreadsheet Of Crypti Ownership At The Start Of The Lisk ICO

https://docs.google.com/spreadsheets/d/1NGbNRRTsXBCU7iZ0q_Mpqn7Gh8l7ZnBsHoHmc32KQyQ/edit?usp=sharing

Here's a photo of the top 35 accounts in Crypti at the start of the ICO:

just top 7 accounts (( even excluding"Crypti Foundation Reserve Account")) own more then 40% https://cryptichain.lisk.io/topAccounts so the blockchain is lier or lisk collected xcrs a lie  

Holly shit !  How did everyone miss that ?   If that Crypti blockchain is right, then this Lisk ICO is one BIG SCAM

I saved a screenshot before they take it down:
<see above>

LOL the FUD has well and truly started. Don't even have our coins yet and they want us to panic sell.

No.  The top 7 individual accounts at the start of the ICO contained 9.34+5.11+4.04+3.84+3.68+2.29+2.00 = 30.3M Crypti, so 30.3%  not 40%.  

Why does this even matter?  I don't even see the point these trolls are trying to make.

Bottom line, here are the facts about Crypti at the start of the ICO.  There is nothing to hide.

[patmast3r]

What language is used to code Lisk smart contracts?

"At Lisk you can't develop smart contracts which are always being performed by all miners on the network."
taken from this post
https://bitcointalk.org/index.php?topic=1346646.msg13895722#msg13895722

Lisk is a platform for decentralized apps instead, written in javascript

Interesting. Wouldn't it be more apt to call them distributed apps then ? If not everyone in the network participates it's hardly decentralized. It's also not the case that anyone could start to participate or did I missunderstand that ?

Serious question btw....not trying to hate or anything (shame one has to point that out these days...people are getting really soft skinned in this space).

Each sidechain is discrete, therefore not coupled with the main network.

A total of 101 master nodes can be selected by the dapp's owner, as in public keys are added to the dapp, allowing them to forge blocks on the sidechain.

In the future, this is something we will obviously address. What we have now is a starting point, therefore we will move further away from the model Crypti established as time progresses.

For example, we could implement the same voting mechanism used within the parent network, or maybe the ability to "bid" for a slot on a particular sidechain, we are open to ideas.

Good to know. Thanks for the answer.

[Aethlios]

Hi all,
anyone can estimate how many coins should I have in order to have enough votes for 1 delegate?

[Maythe2nd]

the fud is not working here! nice

[MalReynolds]

Hi all,
anyone can estimate how many coins should I have in order to have enough votes for 1 delegate?

Nobody knows yet.  

It is more important to get others to vote for you with their coins than to vote for yourself with your own coins (although you can do that).  Others will always have more coins and votes than you do.

[MalReynolds]

well lisk is not even minable, it's obvious thta it has less inflation, i can not see the comparison here

I don't understand your comment at all.  Lisk has a method to add blocks to its blockchain, and adding those blocks gives a reward to the person who did it.  Those rewards cause inflation.  In Lisk we call our block addition method "DPoS forging".  This is a different (and far superior) method than "mining".  

My point is that "not mining" does not equal "less inflation".  Max could have set the DPoS forging rewards to a level that would have a higher inflation rate than Ethereum mining.  Fortunately, he didn't.

Lisk inflation is MUCH less than Ethereum inflation, and that is one more significant point in favor of Lisk.

[someonesomeone]

I think that this is a big advantage over Ethereum.

ETH have a lot of inflation as well.

I'm not investing in ETH here, I'm investing in LISK...

ANOTHER REASON LISK IS BETTER THAN ETHEREUM :

MUCH LOWER INFLATION !!!

Lisk going from 100M to 115M means 100/115 = 1.15 = 15% inflation in year 1
Lisk going from 115M to 127M means 127/115 = 1.10 = 10% inflation in year 2
Lisk going from 127M to 136M means 136/127 = 1.07 = 07% inflation in year 3
Lisk going from 136M to 142M means 142/136 = 1.04 = 04% inflation in year 4
Lisk going from 142M to 145M means 145/142 = 1.02 = 02% inflation in year 5




Hey, everybody, if you want to post this over in other forums, the link to this graphic is:

https://i.imgur.com/P408Go2.png

"If we assume that Ethereum sells 40,000 BTC worth of ETH in the pre-sale, and if we assume that the average price is 1500 ETH/ BTC, 60,000,000 ETH will be created in the genesis block and assigned to purchasers. Every year, in perpetuity, 18,000,000 ETH will be issued though the mining process.  Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%.  In the second year the rate drops to 18.1%.  By the tenth year, the rate is 7.0%.  In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."



https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

[redsn0w]

I think that this is a big advantage over Ethereum.

ETH have a lot of inflation as well.

I'm not investing in ETH here, I'm investing in LISK...

ANOTHER REASON LISK IS BETTER THAN ETHEREUM :

MUCH LOWER INFLATION !!!

Lisk going from 100M to 115M means 100/115 = 1.15 = 15% inflation in year 1
Lisk going from 115M to 127M means 127/115 = 1.10 = 10% inflation in year 2
Lisk going from 127M to 136M means 136/127 = 1.07 = 07% inflation in year 3
Lisk going from 136M to 142M means 142/136 = 1.04 = 04% inflation in year 4
Lisk going from 142M to 145M means 145/142 = 1.02 = 02% inflation in year 5




Hey, everybody, if you want to post this over in other forums, the link to this graphic is:

https://i.imgur.com/P408Go2.png

"If we assume that Ethereum sells 40,000 BTC worth of ETH in the pre-sale, and if we assume that the average price is 1500 ETH/ BTC, 60,000,000 ETH will be created in the genesis block and assigned to purchasers. Every year, in perpetuity, 18,000,000 ETH will be issued though the mining process.  Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%.  In the second year the rate drops to 18.1%.  By the tenth year, the rate is 7.0%.  In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."



https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

Can you develop dapps and smart contracts on lisk ? /S

[someonesomeone]

Here is a quote from their homepage:

Lisk decentralized applications can be built from the ground up in pure Javascript and take advantage of the powerful Lisk APIs. In addition, all dapps are running in their own sidechain to ensure that Lisk itself is safe. In the future all dapps will run in the Lisk VM to ensure they are safe to run on any node. Learn how to code dapps in our documentation section.

I think that this is a big advantage over Ethereum.

ETH have a lot of inflation as well.

I'm not investing in ETH here, I'm investing in LISK...

ANOTHER REASON LISK IS BETTER THAN ETHEREUM :

MUCH LOWER INFLATION !!!

Lisk going from 100M to 115M means 100/115 = 1.15 = 15% inflation in year 1
Lisk going from 115M to 127M means 127/115 = 1.10 = 10% inflation in year 2
Lisk going from 127M to 136M means 136/127 = 1.07 = 07% inflation in year 3
Lisk going from 136M to 142M means 142/136 = 1.04 = 04% inflation in year 4
Lisk going from 142M to 145M means 145/142 = 1.02 = 02% inflation in year 5




Hey, everybody, if you want to post this over in other forums, the link to this graphic is:

https://i.imgur.com/P408Go2.png

"If we assume that Ethereum sells 40,000 BTC worth of ETH in the pre-sale, and if we assume that the average price is 1500 ETH/ BTC, 60,000,000 ETH will be created in the genesis block and assigned to purchasers. Every year, in perpetuity, 18,000,000 ETH will be issued though the mining process.  Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%.  In the second year the rate drops to 18.1%.  By the tenth year, the rate is 7.0%.  In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."



https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

Can you develop dapps and smart contracts on lisk ? /S

[BTcoint]

another ICO without escrow?

Hello AltcoinSteps,

All ICO terms will be published soon. There will definitely be an escrow partner, we are still researching the options. Apart from that, we both are well known within the Crypti community and I'm well known within the Nxt community. You can read about us on our team page, we will also publish a blog post soon in which we introduce ourselves more formally.

Thank you @lisk and  definitely will watch this.
for escrow choose reputable services for it
willing to participate

We will try our best. Thank you for your support.


By the way, as long as this account belongs to the "Newbie" user group I can only post or send a PM every 6 minutes. So don't be surprised if I don't answer directly. I also can't post images right now, so the OP will be updated with images as soon as this is possible.

I was absent due to some family issues for a long time So i miss many good rounds in the ICO
Any consideration for an early support
willing to participate with 0.4 BTC
Thanks

[whisper]

Theoretically how many TPS Lisk network can handle?

I'm sorry if already answered.

Anyone?? This s very important question dev...

Hello,

Coming from Crypti we don't have such a test yet, that means we can't give a final answer. We will definitely test it in the future though!

Can you make some tests in testnet now? Ethereum overperformed BTC in TPS! Investors like high TPS investments.

[wizzardTim]

3200BTC+ raised already!

 

Let's see how many people will be in time for the 5% bonus!