vlom
Legendary
 Offline
Activity: 1498
Merit: 1117
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March 20, 2016, 06:54:27 PM |
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Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower.
Max and Oliver each own 4% of LISK. Therefore they each have 4 delegates = 624660 LISK generated in first year for each of them That staking revenue should be enough to cover all of their personal expenses. Am I correct in thinking the staking revenue will be the salary for Max and Oliver? Surely they will not be taking salary from investor BTC for their personal expenses? Ownership percentage does not guarantee the community will vote you into a delegate position. "Four percent ownership" does NOT mean "Has four delegate slots". Go read the Delegate Handbook and come back to post when you understand how Lisk really works. where is this handbook? do you mean this: https://lisk.io/documentation?i=lisk-handbooks/DelegateHandbook ? or is there more? |
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iambitcoin5
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March 20, 2016, 06:58:05 PM |
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Does anyone know how or where I can find what the current price is in usd for 1 lisk on demand?
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LiskHQ (OP)
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March 20, 2016, 06:58:16 PM |
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Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower.
Max and Oliver each own 4% of LISK. Therefore they each have 4 delegates = 624660 LISK generated in first year for each of them That staking revenue should be enough to cover all of their personal expenses. Am I correct in thinking the staking revenue will be the salary for Max and Oliver? Surely they will not be taking salary from investor BTC for their personal expenses? Ownership percentage does not guarantee the community will vote you into a delegate position. "Four percent ownership" does NOT mean "Has four delegate slots". Go read the Delegate Handbook and come back to post when you understand how Lisk really works. If you have 4% of the LISK. Then you can put 1% of voting power on each of your own 4 delegates So Max and Oliver will have a minimum of 4 delegates each if they make the rational choice of voting for their own delegates 4 delegates = 624660 LISK generated in first year = more than enough to cover all personal expenses if LISK is successful RTFM! (read the fucking manual!) before posting more nonsense. you vote for an account you pay 100 lisk for creating. its completely different what you saying. thats not even fud, thats bad taste lies. It's very simple logic. If a delegate gets 1% of vote, then that delegate is guaranteed to be in top 101 active delegates. If you have 4% of lisk, then you have 4% of voting power. You can then give 4 of your own delegates 1% of the vote each, to guarantee you will have a minimum of 4 delegates in top 101 The votes are dependent by all participants. The 101st delegate may need a voting approval of 30% or more. Please read our delegate handbook. https://lisk.io/documentation?i=lisk-handbooks/DelegateHandbookThank you very much!  ICO UPDATE
We are under heavy load on our ICO website. Therefore, we needed to reduce the scan speed. So it takes longer to get an exchange confirmed!
If your transaction (tx) isn't shown as confirmed on our ICO website, but it is correctly confirmed on the Bitcoin network. Then we will accept it for 100%. The blockchain is the proof of your tx and it will be honoured! We will do several complete re-scans at the end of the ICO and confirm every tx by hand several times! You can rest assured that we will check every exchange with great care!
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Lisk.io - Blockchain Application Platform
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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March 20, 2016, 06:58:31 PM |
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Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower.
Max and Oliver each own 4% of LISK. Therefore they each have 4 delegates = 624660 LISK generated in first year for each of them That staking revenue should be enough to cover all of their personal expenses. Am I correct in thinking the staking revenue will be the salary for Max and Oliver? Surely they will not be taking salary from investor BTC for their personal expenses? Ownership percentage does not guarantee the community will vote you into a delegate position. "Four percent ownership" does NOT mean "Has four delegate slots". Go read the Delegate Handbook and come back to post when you understand how Lisk really works. So isn't it true, that you can vote yourself up there if your amount is high enough? |
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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March 20, 2016, 06:58:44 PM |
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Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower.
Max and Oliver each own 4% of LISK. Therefore they each have 4 delegates = 624660 LISK generated in first year for each of them That staking revenue should be enough to cover all of their personal expenses. Am I correct in thinking the staking revenue will be the salary for Max and Oliver? Surely they will not be taking salary from investor BTC for their personal expenses? Ownership percentage does not guarantee the community will vote you into a delegate position. "Four percent ownership" does NOT mean "Has four delegate slots". Go read the Delegate Handbook and come back to post when you understand how Lisk really works. If you have 4% of the LISK. Then you can put 1% of voting power on each of your own 4 delegates So Max and Oliver will have a minimum of 4 delegates each if they make the rational choice of voting for their own delegates 4 delegates = 624660 LISK generated in first year = more than enough to cover all personal expenses if LISK is successful RTFM! (read the fucking manual!) before posting more nonsense. you vote for an account you pay 100 lisk for creating. its completely different what you saying. thats not even fud, thats bad taste lies. It's very simple logic. If a delegate gets 1% of vote, then that delegate is guaranteed to be in top 101 active delegates. If you have 4% of lisk, then you have 4% of voting power. You can then give 4 of your own delegates 1% of the vote each, to guarantee you will have a minimum of 4 delegates in top 101 it has nothing to do with the amount of lisk you holding, dumbass. read the fucking manual! |
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MGM
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March 20, 2016, 06:59:46 PM
Last edit: March 21, 2016, 06:54:39 AM by MGM |
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+1 vote for putting 8% Devs share under a “scheduled release” contract.
Lisk core team doesn't tell you what to do with your share. Why the fuck you think you can tell them what to do with their share? ICO terms was clear. Take it or leave it. . The donations of BTC and XCR that have been made to Lisk are effectively gifts to Max and Olivier for which you have no right to expect anything in return. If you suddenly make them "not gifts" subject to "contracts" then you are suddenly opening up a HUGE legal Pandora's Box. We do not want to go there. Plus, I am no lawyer but it seems to me that a true legal contract is not possible here on any topic. Max is in Germany. Olivier is in the UK. Pretend for a minute they did sign a scheduled release contract and then dumped 8M Lisk on April 1 anyway. Now what? What court are you going to go to and adjudicate this so-called contact you want? The Court Of The Internet?Practically, what you want is a scheduled release "pledge". Max has said he is going to hold his Lisk for a long time. That is the pledge you are looking for. You have what you want! Now it is time to just sit back and watch Max's actions to see if he is a man of his word. I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.
dream on... they had to do a hard cap in the beginning already. now its against the rule... I would like it, but I guess it doesn't work Offer refunds for a breach of the rules. Nobody will ask for a refund. Yea, but why should they do that? The more we spend, the more they get...
Max and Oliver are losing control of this coin. Two people now own more Lisk than the Lisk Foundation does. What happens when the next whale comes in with 2000 BTC? 5000 BTC? These could very well be Ethereum "newly rich" that absolutely do not have the best interest of Lisk at heart.
We are in hostile takeover territory.There won't be a fixed limit which can be announced before. If we see after the ICO that an individual would end up with over 20% of all LISK, we will contact him and explain the case to him in private. We (or our escrow partner) will then transfer him the excessive BTC back. However, to be over 20% one would probably need to exchange over 100 BTC minimum.
Later you say YES to change ICO terms to close ICO following take over by 1300BTC Ether whale who may want to control/destroy Lisk.Looks like people who've been hyping this ICO are butthurt that their Lisk share shrunk much further than what they anticipated...LOL
They shot themselves in the foot. Big time! LMAO. |
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Simple858
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March 20, 2016, 07:00:10 PM |
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LISK to top 2 on COINMARKETCAP  |
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AleScamHole
Sr. Member
Offline
Activity: 504
Merit: 250
Don't you looooooove how offensive my name sounds?
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March 20, 2016, 07:00:58 PM |
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except one difference. supply check supply of bitshares and you will see why it went that way,, 2+BILLION coins? big dif from the amount lisk will have available it wont go as high as ether due to supply, but it wont be as bad as bts IMO we will c  are you serious? Supply doesn't say anything. its just a shifted comma... supply vs demand is biggest factor in coin price for these situations your a goof fudder plain and simple and will eat your words in 2 weeks ! hahaha as bad a ETH fudders months ago lmao losers... |
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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March 20, 2016, 07:01:09 PM |
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Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower.
Max and Oliver each own 4% of LISK. Therefore they each have 4 delegates = 624660 LISK generated in first year for each of them. That staking revenue should be enough to cover all of their personal expenses. Am I correct in thinking the staking revenue will be the salary for Max and Oliver? Surely they will not be taking salary from investor BTC for their personal expenses? Ownership percentage does not guarantee the community will vote you into a delegate position. "Four percent ownership" does NOT mean "Has four delegate slots". Go read the Delegate Handbook and come back to post when you understand how Lisk really works. If you have 4% of the LISK. Then you can put 1% of voting power on each of your own 4 delegates. So Max and Oliver will have a minimum of 4 delegates each if they make the rational choice of voting for their own delegates. 4 delegates = 624660 LISK generated in first year = more than enough to cover all personal expenses if LISK is successful You totally do not know what you are talking about. If you have 4% of Lisk, you could put 4% voting power on every single one of 101 "sock puppet" delegates you were secretly operating. The community could then AS A WHOLE put a combined 20% voting power on 101 other non-sock-puppet delegates run by 101 real people who would ALL then become Active Delegates. Your 101 sock-puppet-delegates with 4% voting power would be Standby Delegates and not earn a single Lisk. I repeat, go read the Delegate Handbook and come back to post when you understand how Lisk really works. |
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iambitcoin5
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March 20, 2016, 07:01:17 PM |
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LISK to top 2 on COINMARKETCAP I hope so.  |
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Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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March 20, 2016, 07:01:51 PM |
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I just hope people will seek the fud so a lot of weak hand will leave the game and goodbye
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I know why your pray will never be answered!
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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March 20, 2016, 07:03:46 PM |
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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March 20, 2016, 07:05:24 PM |
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except one difference. supply check supply of bitshares and you will see why it went that way,, 2+BILLION coins? big dif from the amount lisk will have available it wont go as high as ether due to supply, but it wont be as bad as bts IMO we will c are you serious? Supply doesn't say anything. its just a shifted comma... supply vs demand is biggest factor in coin price for these situations your a goof fudder plain and simple and will eat your words in 2 weeks ! hahaha as bad a ETH fudders months ago lmao losers... If you don't understand the simple math, I probably can't help you, but I try it again: if there are 2 Billion coins and you own 20 Million. You have 1 percent. If you dump it, it will be a dump with 1%. if there are 100 Million coins and you own 1 Million. You have 1 percent. If you dump it, it will be a dump with 1%. There is NO difference. NONE! Understand? |
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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March 20, 2016, 07:05:41 PM |
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Looks like people who've been hyping this ICO are butthurt that their Lisk share shrunk much further than what they anticipated...LOL
They shot themselves in the foot. Big time! LMAO.
Guilty as charged. |
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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March 20, 2016, 07:07:14 PM |
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It's going insane. Almost 12K BTC.
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uqaz
Newbie
Offline
Activity: 25
Merit: 0
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March 20, 2016, 07:08:07 PM |
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Lisk is the fourth most funded project in the history and there's still 62 hours till the end of ICO.
Ripple: 72,289 BTC - 676,227 BTC Market Cap - 835% increase (8.25 btc)
Ethereum: 31,531 BTC - 2,462,284 BTC Market Cap - 7709% increase (77.09 btc)
Maidsafe: 12,200 BTC - 104,696 BTC Market Cap - 758% increase (7.58 btc)
Lisk: 8561 BTC + 65M XCR
Stellar: 7,228 BTC - 27,803 BTC Market Cap - 284% increase (2.84 btc)
Bitshares: 6829 BTC - 38,981 BTC Market Cap - 470% increase (4.7 btc)
Factom: 2287 BTC - 43,194 BTC Market Cap - 1788% increase (17.88 btc)
Will be before Maidsafe maybe? wow, We are getting there, 11,229.25 BTC now. |
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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March 20, 2016, 07:08:18 PM |
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Holding more LISK = more votes. Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.
The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is. |
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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March 20, 2016, 07:11:39 PM |
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Lisk is the fourth most funded project in the history and there's still 62 hours till the end of ICO.
Ripple: 72,289 BTC - 676,227 BTC Market Cap - 835% increase (8.25 btc)
Ethereum: 31,531 BTC - 2,462,284 BTC Market Cap - 7709% increase (77.09 btc)
Maidsafe: 12,200 BTC - 104,696 BTC Market Cap - 758% increase (7.58 btc)
Lisk: 8561 BTC + 65M XCR
Stellar: 7,228 BTC - 27,803 BTC Market Cap - 284% increase (2.84 btc)
Bitshares: 6829 BTC - 38,981 BTC Market Cap - 470% increase (4.7 btc)
Factom: 2287 BTC - 43,194 BTC Market Cap - 1788% increase (17.88 btc)
Will be before Maidsafe maybe? wow, We are getting there, 11,229.25 BTC now. ICO site said it's enough and shows "~ BTC" now ) |
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Vagnavs
Legendary
Offline
Activity: 1121
Merit: 1003
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March 20, 2016, 07:12:13 PM |
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Is anyone else getting there Crypti XXX,XXX XCR FAILED?
When looking in the Lisk control panel.
Then when I go to the transaction, I get:
We're sorry, but something went wrong.
If you are the application owner check the logs for more information.
Any feedback would be great
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Avalanche is a must own
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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March 20, 2016, 07:14:22 PM |
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Wow, 10,000 + BTC raised in a short period of time.
Like I said in the LISK price speculation thread, it is really worth noting that LISK code is going to be in Java and that means there are lots and lots of coders who can just jump right on board.
LISK might really sneak up on the corporate world because of this. Lots and lots of use cases that can be implemented from early on.
Its about sharing
This says a lot about the people investing in Lisk. You obviously have no clue about programming. Java is not the same thing as JavaScript. Lisk "dApps" if you can even call them that, will be based in JavaScript, which again, is not the same thing as Java.
To current Lisk investors - do you even know what Java or Javascript are? How can you be so hopeful about Lisk when you don't have a clue?heart breaking story lol it will be more funny to read here after the first dump :-) |
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