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

[grajson]

LiskHQ, can you clear: I have 1000 LISK, and I vote for two delegates, each receive votes for 500 LISK or for 1000 LISK?
And if I vote for third, now each of them have votes corresponding to 333 LISK or 1000 LISK?
If my LISK amount not divides between delegates and each receive votes for 1000 LISK,
is correct, if someone have 51% LISK he can create 101 delegate and elect it all to active?

Each delegate you voted  is receiving your 1000 Lisk voting power.  In theory someone with 50%+ Lisk could Decide who is elected. Probably  could do so even with much lower holdings since never all Lisk holders gonna vote

[ttookk]

LiskHQ, can you clear: I have 1000 LISK, and I vote for two delegates, each receive votes for 500 LISK or for 1000 LISK?
And if I vote for third, now each of them have votes corresponding to 333 LISK or 1000 LISK?
If my LISK amount not divides between delegates and each receive votes for 1000 LISK,
is correct, if someone have 51% LISK he can create 101 delegate and elect it all to active?

Each delegate you voted  is receiving your 1000 Lisk voting power.  In theory someone with 50%+ Lisk could Decide who is elected. Probably  could do so even with much lower holdings since never all Lisk holders gonna vote

Once trading is live, overall voting power might be drastically reduced, because of all the coins sitting on exchanges. makes the 1000 BTC buy look more daunting than before…
What are the voting intervalls?

[amanai]

Let's start from the beginning.

Before Lisk there was/is Crypti. Crypti stayed at a marketcap of 500k and even lower for years, because nobody gave a shit about it. All of a sudden two guys from Crypti announced that they will stop developing for it and, unhappy with the way it was advancing, forked out Crypti and renamed their project to Lisk.

For a few days both parties were unhappy about it and the main developer Boris (who's still not responding much) swore that he would stay and continue the development for Crypti, telling us that Lisk has nothing to do with it.

Anyways, just like i suspected a few weeks ago, the scammer Boris and his crew kept this confusion going for a long time (avoiding answers), while they were buying Lisk like crazy, even though they were dismissing it at the beginning. The temptation of gaining fast bitcoins through a second ICO (lol) was too big for our friend Boris and, after he lost all his morals, he made the announcement that he will stop developing for Crypti and switch to Lisk.

What you see now in Lisk is in fact the same TEAM from Crypti ROFL, just that somehow they've managed to fool enough idiots so that the project could rise 6x in a few weeks, taking Crypti from 500k to now 3M for Lisk.

These guys never added anything on top of the fork. It is exactly the same project. Only promises and that's about it. Who knows what other shady things these guys did. They've probably even faked the ICO numbers on their website just to create more hype.

Good luck

 

Read carefully. Boris is just an adviser. As for Crypti further development - 80% of Crypti belongs to Lisk team. Lisk has almost the same idea as Crypti, but with 5,7m support.
So why Boris should develop Crypti for free while there is another powerful project already in game?

[elitecstrike]

We must pay more attention on promoting Lisk and making more Dapps...

The delegates issue, the Lisk team, can think a manner..

Maybe 1001 delegates? Or 1 delegates per person...I dont know...

But the rewards should be used to promote Lisk, its better for Lisk and for yourself.

[cannabanana]

We must pay more attention on promoting Lisk and making more Dapps...

The delegates issue, the Lisk team, can think a manner..

Maybe 1001 delegates? Or 1 delegates per person...I dont know...

But the rewards should be used to promote Lisk, its better for Lisk and for yourself.

That is subjective.  I understand the fear but if someone is going to manipulate it, they are going to do it regardless of it's 1001 delegates or 101 delegates.

No matter what the rules people provide, even if there is a 1% advantage, there is someone willing to take advantage of it.

That is human nature.  If you change the system for something else, they will still come and try.

[Qbanow]

Hello everyone,
Liskers I'm very happy to be part of this great project, I have been in crypto-world for about 2 years and because I'm network system administrator...
Full thread here: https://forum.lisk.io/viewtopic.php?f=6&t=151   

[MalReynolds]

What are the voting intervalls?

Voting is continuous and never stops.  Anybody can be voted up or down at any time.  This is why it is so important to have hot-swap Standby Delegate nodes (at zero reward) ready to go continuously to take the place of a $300K-per-year Active Delegate node that is suddenly voted down.

What could possibly go wrong?

[amanai]

Hi, everyone!

I'm the initial Crypti investor that kick-started the whole project financially back at 2014.

All the lisk rewarded from Delegates ran by DRDD, be used to form a DAPPs fund.
All the funds will go to dapp which have most of votes in "DAPP Contest".
As soon as the funds be enough to develop, they will be transferred to the winner. After that new "DAPP Contest" will start.
Or say you already have a DAPP. And it's really great and useful? You can participate in contest and win funds for promotion.

I would like to see everyone in cooperation with me. DAAPs is one of the most attractive part of Lisk. As much DAAPs we will have as much attractive our platform will be for everyone. Everyone should find the dapp he needs in Lisk DAPP Store.

Please take a look at the uploaded file with foundation working process. https://lisk.chat/ufs/rocketchat_uploads/6YDbmKuxK7BGi2t8p/drdd.png
Numbers are not final. The all can be adjusted. Say 40% for voters, 55% for contest, 5% for support, or whatever.
Here is the lisk chat channel: https://lisk.chat/channel/drdd
Lisk forum thread link: https://forum.lisk.io/viewtopic.php?f=6&t=111#p322

You are welcome to discuss any question.

[ttookk]

We must pay more attention on promoting Lisk and making more Dapps...

The delegates issue, the Lisk team, can think a manner..

Maybe 1001 delegates? Or 1 delegates per person...I dont know...

But the rewards should be used to promote Lisk, its better for Lisk and for yourself.

That is subjective.  I understand the fear but if someone is going to manipulate it, they are going to do it regardless of it's 1001 delegates or 101 delegates.

No matter what the rules people provide, even if there is a 1% advantage, there is someone willing to take advantage of it.

That is human nature.  If you change the system for something else, they will still come and try.

Which is why you need to make the system as bulletproof as possible.

The fact that voting power exponentially increases worries me. As stated elsewhere, this not only makes a 51% attack possible, you'd probably need a much lower amount.

[4theLOVEofCrypto]

this morning I was telling my kid about some of the projects/crypto currencies out there in addition to btc...when I told him there was one named Lisk...his immediate response..." LISK my balls".
I thought about what he said ...and originally taken a back by it, I now think I will embrace it. Like If anyone wants to buy my precious Lisk....I will say hell no...you can LISK my Balls. Spread fud....you can LISK my balls. Like a swiss army knife...it like a multi tool

Haha....this made me lol.  Thank you kind sir.

[Grillo]

I bought on ICO.
Any ETA on release yet?

[LiskCryptoFan]

Lots of confusion on DPoS.

https://forum.lisk.io/viewtopic.php?f=28&t=21&p=44&hilit=bytemaster#p44

" The creator of DPoS often writes some interesting blog posts about other coins security and DPoS. Check them out.

http://bytemaster.github.io/update/2015/09/29/Bitcoin-is-100x-less-secure-than-commonly-believed/
http://bytemaster.github.io/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/
https://www.youtube.com/watch?v=5m0_jnX5Sy0
"

[GiftEncounter]

this morning I was telling my kid about some of the projects/crypto currencies out there in addition to btc...when I told him there was one named Lisk...his immediate response..." LISK my balls".
I thought about what he said ...and originally taken a back by it, I now think I will embrace it. Like If anyone wants to buy my precious Lisk....I will say hell no...you can LISK my Balls. Spread fud....you can LISK my balls. Like a swiss army knife...it like a multi tool

Haha....this made me lol.  Thank you kind sir.

The power of memes.  

I was thinking of asking my friend to rename his twitter account to eLISKium capital from elixium capital 

[qgmurugan007]

Lots of confusion on DPoS.

https://forum.lisk.io/viewtopic.php?f=28&t=21&p=44&hilit=bytemaster#p44

" The creator of DPoS often writes some interesting blog posts about other coins security and DPoS. Check them out.

http://bytemaster.github.io/update/2015/09/29/Bitcoin-is-100x-less-secure-than-commonly-believed/
http://bytemaster.github.io/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/
https://www.youtube.com/watch?v=5m0_jnX5Sy0
"

Nice read, thanks for the links.

[prix]

http://bytemaster.github.io/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/
This article is advertising only. Why did this guy decide 101 active delegate is unique and independent?
As mentioned above, for full controll of the network on practice you need less then 51% because others are lazy to vote and some coins places on exchanges.
But, I don't think it is the threat to Lisk, no one in good mind will spend huge amount of money to such attack.

[nanomo]

http://bytemaster.github.io/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/
This article is advertising only. Why did this guy decide 101 active delegate is unique and independent?
As mentioned above, for full controll of the network on practice you need less then 51% because others are lazy to vote and some coins places on exchanges.
But, I don't think it is the threat to Lisk, no one in good mind will spend huge amount of money to such attack.

most of the promoted delegates had 5$ VPS, suspect you dont need too much to take down that

[xirdo]

Hello fellow Lisk members, i am new on this website. I am following the crypto world since Bitcoin hit the 120dollar.

I invested in many coins like Dogecoin, Litecoin, but nothing like Lisk.

I am from the Netherlands (Delft), i am a student of the TU Delft (Delft University of Technology) where i study Information Technology.
I like the idea of running for a delegate and i will use the rewards to increase the further develepoment of Lisk.

My server specs where i will run my node with:
4 CPU
4GB Memory
90GB SSD Space
4TB Traffic Limit
10Gbit Connection
Uptimte 99-100% (24/7)


I hope for your support.


https://forum.lisk.io/viewtopic.php?f=6&t=152

[djselery]

Hello fellow Lisk members, i am new on this website. I am following the crypto world since Bitcoin hit the 120dollar.

I invested in many coins like Dogecoin, Litecoin, but nothing like Lisk.

I am from the Netherlands (Delft), i am a student of the TU Delft (Delft University of Technology) where i study Information Technology.
I like the idea of running for a delegate and i will use the rewards to increase the further develepoment of Lisk.

My server specs where i will run my node with:
4 CPU
4GB Memory
90GB SSD Space
4TB Traffic Limit
10Gbit Connection
Uptimte 99-100% (24/7)


I hope for your support.


https://forum.lisk.io/viewtopic.php?f=6&t=152

and i hope for yours in turn.

[xirdo]

Hi djselery and cannabanana,

Ty for the fast respond and I will do the same for both of you!

Greetze.

[Gr33nDrag0n]

I made an anon 2 days ago to be active delegate and I'm working on it since.
Just to let you I'm currently building 2 nodes finaly.
One on the the testnet and later one on the mainnet.
That way I will be able to test and harden optimize my setup without affecting the main node if it's active.
I think it will also serve the lisk cause when dev want to test new feature to be release without affecting main net. The nodes will run on Ubuntu x64.

My official anon: https://forum.lisk.io/viewtopic.php?f=6&t=143

If someone need it (LiskHQ), I can help translate technical documentation in french .

On another subject here is the current state of my voting list:
Feel free to PM me if you're not listed (at least) in my 'to verify' list.

# Voting Delegate List

Videodrome, TheRedHawk, CannaBanana, Samuray, ottobene, Sgdias, Bangomatic, Grajson, MalReynolds, fixcrypt (or Fixitcrypt?), digitron, lisk.pw (or T0my?),
bigcabrito, djselery, BTCRoyal(or Jan?), FNetV1, Liskchain.info (or bacobob?), CroDam, Bitseedmike (3 differents delagate proposal, verify delegate name),
nextgencrypto, Emerge, bitcoinuserx,

Gr33nDrag0n (Me)

# Maybe List

Spaniard, nik009, elitecstrike, LiskPool.com (33 delegates max.), CryptoNova.net,

# To verify list

PunkRock, bcmine, cc001, techbytes, Splatters, Mrboot, Pinkman12345, Th4o, someonesomeone, Trader19, Cryptomaik, ZenFR, Hollowman338
DevKing, Vega, Simeul, ZenFR, Nuevo, KirPan, Bysup, Grumlin, XIRDO