LiskHQ (OP)
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March 20, 2016, 08:35:33 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
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Lisk.io - Blockchain Application Platform
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FandangledGizmo
Legendary
Offline
Activity: 1138
Merit: 1001
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March 20, 2016, 08:36:01 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. Okay, I think I understand now. I still think Max and Oliver will end up with several delegates each. Why would you vote for a competing delegate? If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' % There are no competing delegates. Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work. And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power. Delegates are competing to get enough votes to be in the top 101 If you are running a delegate, why would you vote for a competitor's delegate and add to their % ? So if I have 4% of vote, I am only voting for my own delegates. If I give someone else a 4% bump, maybe this knocks me down to 102 spot, and I earn no money. Not a rational thing to do.every delegate should have 2 votes (first that can be used on anybody (even himself) and second that can be use only for somebody else) From a game theory standpoint, you would then take away your 4% vote from delegates ranked above you to get back in the top 101. It is an iterative process with more than 101 voters who are constantly adjusting their votes to meet the twin goals of getting 101 people in place that are needed to run the system while staying in that group of 101 themselves. Eventually it stabilizes. It's not just your voting power that counts, no matter what your voting power is. Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate. Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk.
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Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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March 20, 2016, 08:36:39 PM |
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Just bought LISK for BTCs, no keys were generated. Same with you guys?
Do you have the "Active" button enabled in green? No. I dont have Active button at all, i have just "No deposit" grey field, and echange detail button thats blue. You have to wait then, and click to the search button to see if your txi is green, if not you have to wait.
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I know why your pray will never be answered!
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Pietpiraat
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March 20, 2016, 08:37:50 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
If it takes longer and the ICO ends will it still execute the deposit ?
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Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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March 20, 2016, 08:38:27 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
If it takes longer and the ICO ends will it still execute the deposit ? what is important is that the BTC are confirmed in the blockchain!
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I know why your pray will never be answered!
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Bigcabrito
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March 20, 2016, 08:38:52 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
If it takes longer and the ICO ends will it still execute the deposit ? The timestamp is based on the initial BTC exchange so you should be fine. what is important is that the BTC are confirmed in the blockchain!
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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March 20, 2016, 08:41:23 PM |
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...
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate.
Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk. The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one... The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected.
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jt0461
Newbie
Offline
Activity: 31
Merit: 0
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March 20, 2016, 08:43:29 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
If it takes longer and the ICO ends will it still execute the deposit ? The timestamp is based on the initial BTC exchange so you should be fine. what is important is that the BTC are confirmed in the blockchain!
Well they have received the ether I sent. They just haven't created a key for me. Therefore, there is no ether in my wallet and I have no Lisk
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kingcrimson
Legendary
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Activity: 1025
Merit: 1000
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March 20, 2016, 08:45:49 PM |
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I bet we end up with 15-20,000 BTC in A lot of money going to wait in exchanges thinking therell be a dump That is when we rocket
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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March 20, 2016, 08:45:55 PM |
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If you made a deposit to our ICO website it can take up to 3 hours to appear! Please be aware of this issue!
If it takes longer and the ICO ends will it still execute the deposit ? The timestamp is based on the initial BTC exchange so you should be fine. what is important is that the BTC are confirmed in the blockchain!
Anyone that postpones its buy even further is self guilty... I mean, why the hell do you have to wait for the last minutes?
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johny08
Legendary
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Activity: 1045
Merit: 1000
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March 20, 2016, 08:46:18 PM |
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...
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate.
Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk. The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one... The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected. so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy?
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iambitcoin5
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March 20, 2016, 08:51:42 PM |
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I bet we end up with 15-20,000 BTC in A lot of money going to wait in exchanges thinking therell be a dump That is when we rocket
I hope you're right.
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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March 20, 2016, 08:55:37 PM |
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...
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate.
Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk. The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one... The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected. so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy? no, but if you own a serious amount you can "buy" your delegate for sure, where others with "peanuts" don't get anything. Not a percentage or anything but nothing. But the amount of coins increases and your percentage is going slightly down with every year.
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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March 20, 2016, 09:01:44 PM |
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...
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate.
Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk. The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one... The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected. so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy? Not sure if trolling or just stupid. the question is, why not making more as 101 accounts of LISK participating in the new 36.000 LISK forged daily
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iambitcoin5
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March 20, 2016, 09:02:08 PM |
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Any price predictions for launch?
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LiskHQ (OP)
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March 20, 2016, 09:02:54 PM |
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BTC Counter
The BTC counter on our website and on the ICO website is currently offline, because due to the API changes (Blockr offline) also unconfirmed transactions were added to the counter. To be on the safe side we deactivated it for now. Oliver is currently fixing this issue.
Thank you!
Kind regards, Max & Oliver
Coinbase - Proof of FundsPlease note that it takes several hours for my slow internet to upload the video. Therefore, the numbers are from this afternoon.
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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, 09:04:13 PM |
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...
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts... and thats why the ones with a small stake wont be able to delegate.
Most of the delegates in BitShares don't have a lot of stake themselves, BitShares holders vote for them because they are the best/most trustworthy. (DPOS was invented by BitShares but they call delegates witnesses now) https://bitshares.openledger.info/#/explorer/witnessesIt should be the same in Lisk, Lisk holders will vote for the 101 delegates that best decentralize and serve Lisk. The fact, that the delegates don't have stake doesn't say anything. You create a second account and vote for it with another one... The concept seems to be very good, but in reality people are greedy, that's why it does not work as expected. yea would be nice, if someone explaines technically, why there has to be that kind of limitation. so all the new LISKs coin are spreaded between 101 accounts. whats the reason except to make 101 people wealthy? Not sure if trolling or just stupid. the question is, why not making more as 101 accounts of LISK participating in the new 36.000 LISK forged daily I guess because there should be more trust then... but I don't think so...
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bitbitch
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March 20, 2016, 09:10:39 PM |
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i don't understand why the decision was taken to have the ICO end in the early hours of the morning European time.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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March 20, 2016, 09:16:16 PM |
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Any price predictions for launch?
isn't it obvious, entry price is the launch price, why icoers should dump at any less?
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decentralize_all_the_thin
Newbie
Offline
Activity: 1
Merit: 0
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March 20, 2016, 09:19:30 PM |
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HEY! I transferred some bitcoin to the adress given to me on the ICO page. The transaction has been confirmed and 40 minutes has passed after the confirmation. It still says "Awaiting deposit"!! is this normal?
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