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

[Mrboot]

Guys, a coin that gives the faucet can be sell or not?

When the real blockchain is running all coins can be sold, even the faucet. But ofcourse now not (keep in mind a faucet will never give 1000 lisk) impossible to stay alive then.

Im going to give around approx 0.01 each claime if i become an delegate.

[bitbitch]

Within first 30 days after launch 1 Lisk= $5 USD.  Mark my words. 

it took eth a year to do that. but you thibk lisk will do this in 30 days?

if it takes a year to build the railway line how long does it take the first scheduled train to make the journey on its rails? not a year.

[cc001]

Most important is that the delegate should use funds not for private usage would be a waste for the delegate (way of use)

I think the best way would be to split the revenue, for example 50:50 for private usage and community/network/voter-support. The private earning is the incentive to keep up the node and provide a good delegate service. If you don't "allow" private earnings, this incentive is gone and the people care less about providing a good delegate node.

[skrtel37]

A few important things for now:

General:

- We currently plan to launch on the 11th April. This is not the exact date, just an estimate.
- At launch we will provide a client to access your LISK.
- All support enquiries please via our support center!
- I will update the BTT OP this evening with all important information.

ICO:

- The given BTC amount on our website is an estimation. Some transactions were after the time limit, so they will be refunded. The collect amount is more like 14,009 BTC.
- We will release the exact ICO numbers (total collected, satoshi price, number of participants, number of exchanges etc..) end of this week. It takes a few days to confirm every transaction by hand.
- We will also provide a list with all exchange IDs, the generated LISK address and its balance next week. So you can see if you are included.
- I will talk with Oliver and our advisers about what we do with Lin's XCR deposit. We don't want to make a crude statement.

Lisk Trading:

- Please don't buy any LISK in this forum. The owner can reset the passphrases by simply open a ticket on our support center and provide us with his email address and exchange ID. We check the data and if all is good, we will reset the passphrases.

Passphrases/keys:

- You have time to generate your passphrases until the 4th April! We will also provide a tool this week to validate if your saved passphrase is correct or not.
- If you lost the passphrases please send us a ticket on http://support.lisk.io/.
- We will provide a video and detailed instructions on how to generate your passphrases this week.
- Everyone who generated a key and lost it, will also loose access to his LISK.
- Everyone who didn't generate a key will be contacted 1-2 weeks after launch. He can then get his LISK via email. This method is not the most secure option, therefore please generate your passphrases ASAP! Also there will be a deadline after which the non-collected LISK will go into the bounty fund.

Bounties:

- We will provide exact bounty numbers next week.

This is awesome! great thinking to release the stress of failing to encrypt the wallet correctly

[bitbitch]

At the rate bankers are jumping out Windows and the cabal's failure to hijack Syria's banking system and oil,  I wouldn't use USD to hedge value at this point in time.   Gold fluctuates, but retains value through the ages.

what does Cuba have that the banksters are so eager to tap?

[TheRedHawk]

Hi guys,

I’m newbie here but it doesn’t imply less compromise than the older ones.

In fact, as I said on the lisk forum, I’m not a coder but I’m highly invested on this. I want lisk to be huge. I totally believe in its potential.

I’ve contacted an excellent JS coder, a good friend of mine, to work together creating a great dapp for lisk in the near future.

I don’t know if we are going to succeed, but anyway, we’ll work hard.

In addition, I want to communicate you my intention of running a delegate node on a W7 workstation, as soon as the main net launches:

-   Location: Spain (NW)

-   CPU: 4.0 GHz 8-core AMD Athlon

-   GPU: GTX 660Ti

-   RAM: 16Gb DDR3

-   Main disk: SSD 512 Gb (with backups in anothers HDD's)

-   Network speed: 1 Gb/s (optical fiber)

-   UPS system: APC Pro

So If you choose me as a delegate guys, vote for TheRedHawk’s node. I’ll vote you back!

TRH

[gluk58]

will sell the Lisk 20 000 for 20 000$(btc)
bitcoin:16daXNXJLTXd7HreNXmXWHF3oxcD7WhHJN

[Texac]

Why then deceive people !? Let write that the 1000 coin for sale are not valid!

[KLONE]

What is the end time stamp for the first day bonus (i.e. start time of ICO + 24 hours) ?

In order to provide a higher incentive to participate in the ICO from day one, we will be taking 200,000 LISK out of our own funds, and distributing them to all day one ICO participants according to their exchanged amounts.

should be 23 Feb 05:52 UTC

could the devs confirm what the cutoff ipo exchange transaction number is? according to the https://ico.lisk.io/ tx details my send was on the 22nd, but the xcr blockexplorer has a time after the date above.

any answer here?

[TheRedHawk]

so over 7mil was raised in the ico..   which a portion will be used to fund development of lisk.
may i suggest the devs hedge its value incase of bitcoin catastophy.

possibly something like this would be good idea.

50% vautoro gold
50% slit up over USDT, ETH, BTC.

just a thought..  as wouldnt want a btc crash, to also crash development of lisk.

Fuck no! Gold, USDT, ETH are way too volatile to invest our hard earned BTC in !

I suggest they convert 25% of the 7M to USD right now to get the ball rolling with new staff payroll & and keep 75% in BTC, only because BTC is supposed to rise this summer with halving.

ETH for investment, Silver for Long term investment, Gold for hedge. Drip BTC to USD or convert amounts where needed for fiat expenses. Payroll in BTC where possible. Avoid holding a lot of fiat where possible. ETH investment pays dividends twice - once with inevitable rise in price, second as I have feeling positive ETH market sentiment will have positive effect on LSK trading.

Your investment vision is pretty much mine portfolio.

I have silver, gold, BTC, ETH, MAID and of course (pre)LISK. A little amount of fiat notes too.

I think it's a great diversification for this scrambled times!

TRH

[hmachado]

I'm a full stack developer and a early investor (2nd week). I like Lisk because of  JavaScript as main language. I have just started looking at the dapp development, noticed some serious security concerns with dapp development.

My understanding with dapps is (correct me if I'm wrong), a dapp is hostable component that exposes an http external api and is capable of doing some transactions (withdrawals and deposits). Every dapp can be hosted within in some sidechain. Users can access dapp functionality with the help of exposed api by passing secret and transaction info. It means you have to pass your pass phrase to every dapp you want to do a transaction lets say a withdrawal (paying to dapp owners).

Apple, Microsoft, and google stores are centralized. Every app has to go rigorous review process before getting published in stores ( I published few apps in google and windows stores). The review process mainly includes scanning for malicious code that exposes user phone to external attackers.

Situation 1:

Lisk has no such review process but the code can be viewed by others. Lets say if dapp included with some malicious code that records pass phrases somewhere (not in the dapp), lisk-cli just creates a foundation base for dapp development and users extends it with their own api. How lisk prevents user from accessing dapp and removes from store if malicious code found.  

Situation 2:

Lisk dapps and their sidechains can be hosted by third party entities. Lets say owner setup two VMS. One with actual sidechain with clean dapp code internally and installed a reverse proxy on another VM(that sits on external point and forwards request to internal VM that hosted dapp). The reverse proxy receives the request from user first and records pass phrase and then forwards same request to internal VM without modifying request headers.

Situation 3:

Man in the middle attacks.

If the dapp owner not hosting sidechain with SSL, How Lisk ensures user data not compromised.

Just wondering how lisk handles these situations and prevents owner from misusing pass phrases. Last year, I encountered similar issue with NXT and lost around 10K coins. I used a remote nxt web node to check my transactions frequently. I suspect they recorded my pass phrase and transferred my 10k to theirs account.

I think users shouldn't be forced to send pass phrases to dapp owners, its like sending your BTC private keys to others.

Good questions, looking forward to get some info on that.

[lordoliver]

@ 1: We are in a decentralized environment. Any kind of censoring by the devs will hurt lisk. The only way is a reputational... removing malicious code will probably not be possible. But who knows, maybe the reputation system can offer that.

Ok, I agree but this doesn't mean system should be infected with all malicious dapps. Reputation wise its not good. Still the dapp has to communicate with mainnet to keep consistency. I think Lisk mainnet holds meta information about each dapp. This should be enough to record info about dapp. Now the question is how to warn the user about that particular malicious dapp .

I'm thinking few alternatives, will present them in coming posts.

@ 2+3: you don't need to send your password to the server hopefully. You also don't have to do that in NXT. Just the Frontend needs it.

I think Dapp UI asks for pass phrase, and pass same to server through api call or http post. its enough to capture pass phrase. Its not like Dapp UI (client face) directly talking to mainnet. it doesn't matter, Whether its UI or api all should go through http endpoints on the server.

As I said, decentralized means, that devs have not more power on production than anybody else. The system should just work for itself. If you move away from that just a little you can throw away all decentralization... the reputation system can work with mods as well...

I didn't look into implementations, but I hope, there is no post with your passphrase. You can sign everything in the frontend... its simply not needed.

[Splatters]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

[johny08]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

a famous develeoper would be a good delegate, but not you. sorry.

[sluppy]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

a famous develeoper would be a good delegate, but not you. sorry.

You've been posting nothing but nonsense get another hobby dude.

[Splatters]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

a famous develeoper would be a good delegate, but not you. sorry.

You've been posting nothing but nonsense get another hobby dude.

he's angry because his virginity is still intact, so he likes to attack the whole community with nensense.

[Kevinrasf]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

a famous develeoper would be a good delegate, like you.

You've been posting nothing but nonsense get another hobby dude.

he's angry because his virginity is still intact, so he likes to attack the whole community with nensense.

A lot of salty guys, probably missed ICO and is now angry at us.

[Mrboot]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

Splatter i think doing something community based with the Delegate funds is something that will get you votes,

Im trying to make people vote for me by using the funds for a faucet 100% and also for promoting lisk in The Netherlands
Like at amsterdam's bitcoin meeting etc.

[Splatters]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

Splatter i think doing something community based with the Delegate funds is something that will get you votes,

Im trying to make people vote for me by using the funds for a faucet 100% and also for promoting lisk in The Netherlands
Like at amsterdam's bitcoin meeting etc.

yes I saw your post in the main forum! I see thanks

[Mrboot]

It's not really clear for me what's requested do propose yourself as a delegate, what kind of date the delegate should release about himself?

Splatter i think doing something community based with the Delegate funds is something that will get you votes,

Im trying to make people vote for me by using the funds for a faucet 100% and also for promoting lisk in The Netherlands
Like at amsterdam's bitcoin meeting etc.

yes I saw your post in the main forum! I see thanks

Hope you vote some for me aswell