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

[pabloangello]

With so much noise and "gray" marketing Lisk has really a chance to shake crypto world. Only if the team delivers what promised, only then

[jc12345]

Lot's of people talking about the limited supply on yobit, but you have to consider that the demand is also limited as at least 80% of potential buyers would never send BTC to yobit.

Don't be too hard on Yobit. Iv picked up a lot of bargains there on new stuff that started there before moving on to bigger exchanges. Just follow the normal rules of not keeping coins on an exchange or only keeping a minimum, and that goes for any exchange actually.

[lisk999]

Can anyone tell me if I should confirm my passphase ?

Got this email from    Lisk Team <business@lisk.io>

Validate your ICO Passphrase!
Important! Every ICO participant should do it!
Hello,

You are receiving this email because you participated in the Lisk ICO. According to our records, you haven't validated your passphrase yet.


Can the owner come out and verify if we should do this?  Is this legit?

[BitMaxz]

https://www.BloomBit.net

http://coinmarketcap.com/currencies/lisk/#markets



http://coinmarketcap.com/currencies/lisk/#markets

This is very fast movement in yobit and i think better to buy right now in boombit if the price is low.. in yobit price is very high i cant buy it right for the price of 0.015 at yobit maybe i can make a profit if i get for a cheap price in boombit..

[MaGNeT]

Can anyone tell me if I should confirm my passphase ?

Got this email from    Lisk Team <business@lisk.io>

Validate your ICO Passphrase!
Important! Every ICO participant should do it!
Hello,

You are receiving this email because you participated in the Lisk ICO. According to our records, you haven't validated your passphrase yet.


Can the owner come out and verify if we should do this?  Is this legit?

Yes, please validate your keys.

[MalReynolds]

mining is not stupid, its classic art of crypto,

Mining is stupid.  

Mining was a way to get cryptocoins started, just like sails and coal steamships were a way to get international commerce started.  Today, container ships rule.  So will Lisk.

Mining is stupid.

Mining is not stupid. Mining is a legitimate way to attract nerds to crypto. It is an art form. Assembling a GPU miner, configuring the settings, connecting to a pool, seeing the coins arrive in your wallet- it's an unforgettable and very rewarding experience. It brings a sense of realism to these abstract tokens we're creating and trading. It also fosters a virtual ecosystem around the platform.

It's OK if Lisk does staking instead of mining. We'll just be attracting a different type of nerd to the foray. It would be useful to think about all the mutually beneficial ways one could earn Lisk, because you're not going to setup a virtuous economic cycle if everyone has to buy their way into a token. For a contextual example of this problem, see NXT.

I would argue that "buying your way into a token" is EXACTLY what is needed to create a "virtuous economic cycle".  BTC/ETH mining and even  Lisk forging is creating "money" from thin air.  The "unforgetable and very rewarding <mining> experience" you refer to is an illusion that makes the participant feel incorrectly like they have contributed something valuable to society.  Wasted crypto hashes generated by a miner are NOT like a bag of corn they grew or a car rolling off an assembly line where they welded the body together.  All a miner has done is wasted a lot of electricity, creating a lot of environmental pollution in the process.  They have also diverted trillions upon trillions of CPU cycles away from achieving something profoundly worthwhile like http://setiathome.ssl.berkeley.edu/.  All in the name of greed.

"Buying your way into a token" is code for "letting something represent a store of real value", which is what you do when you open a bank account or buy a prepaid debit card.  THIS is the fundamental kind transaction in our society, not "mining coins out of thin air".  If Lisk can start replacing bank accounts by "buying your way into a token", we will have a market penetration and success level we can only dream about.

Wasteful, unsustainable exponential-growth mining is a type of masturbation by Bitcoin and Ethereum nerds that will never produce a baby who will grow up to change the world.

Mining is stupid.

Everyone will have their opinion on mining, but remind you that without Bitcoin mining nobody be here.

It was groundbreaking, as was the steam engine in its days.

This.

[trader19]

Calm down, we are mooning even before launch, after launch we will plutoing lol

"Plutoing" is now officially my goal for Lisk.

Just wanted to thank you MalReynolds for getting Delegate list together, i know for sure i will be Voting for Delegates from Official List that has proven to be able to run Lisk node with 98%+ and secure the network. really recommend to all of you to do the same. This "i vote, you vote" is too much for me..

i will go with Official list

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit?pref=2&pli=1#gid=0

[smokim87]

Lot's of people talking about the limited supply on yobit, but you have to consider that the demand is also limited as at least 80% of potential buyers would never send BTC to yobit.

Yobit selling their lisk at the same time racking the cash from fees. Smart...

But I think the price is too high, everyone is gonna try and instansell their coins if the price opens at 3$ assuming I read it right Lisk ico price per coin was about 7 cents per lisk. That's about 40x or something ROI? Who wouldn't want to make that kind of ROI. If price opens at 2-5$ I'd expect some record breaking volumes and newly made millionaires lol.

Only thing I regret is not finding Lisk in time, found it after the ICO ended. But it's nice to see people becoming rich off of this...mad props to them.

[bticgoinsuxial]

Calm down, we are mooning even before launch, after launch we will plutoing lol

"Plutoing" is now officially my goal for Lisk.

Just wanted to thank you MalReynolds for getting Delegate list together, i know for sure i will be Voting for Delegates from Official List that has proven to be able to run Lisk node with 98%+ and secure the network. really recommend to all of you to do the same. This "i vote, you vote" is too much for me..

i will go with Official list

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit?pref=2&pli=1#gid=0

The real voting begins only after the launch of the mainnet, right?
Right now voting on the testnet won't affect anything?

[gembitz]

mining is not stupid, its classic art of crypto,

Mining is stupid.  

Mining was a way to get cryptocoins started, just like sails and coal steamships were a way to get international commerce started.  Today, container ships rule.  So will Lisk.

Mining is stupid.

Mining is not stupid. Mining is a legitimate way to attract nerds to crypto. It is an art form. Assembling a GPU miner, configuring the settings, connecting to a pool, seeing the coins arrive in your wallet- it's an unforgettable and very rewarding experience. It brings a sense of realism to these abstract tokens we're creating and trading. It also fosters a virtual ecosystem around the platform.

It's OK if Lisk does staking instead of mining. We'll just be attracting a different type of nerd to the foray. It would be useful to think about all the mutually beneficial ways one could earn Lisk, because you're not going to setup a virtuous economic cycle if everyone has to buy their way into a token. For a contextual example of this problem, see NXT.

I would argue that "buying your way into a token" is EXACTLY what is needed to create a "virtuous economic cycle".  BTC/ETH mining and even  Lisk forging is creating "money" from thin air.  The "unforgetable and very rewarding <mining> experience" you refer to is an illusion that makes the participant feel incorrectly like they have contributed something valuable to society.  Wasted crypto hashes generated by a miner are NOT like a bag of corn they grew or a car rolling off an assembly line where they welded the body together.  All a miner has done is wasted a lot of electricity, creating a lot of environmental pollution in the process.  They have also diverted trillions upon trillions of CPU cycles away from achieving something profoundly worthwhile like http://setiathome.ssl.berkeley.edu/.  All in the name of greed.

"Buying your way into a token" is code for "letting something represent a store of real value", which is what you do when you open a bank account or buy a prepaid debit card.  THIS is the fundamental kind transaction in our society, not "mining coins out of thin air".  If Lisk can start replacing bank accounts by "buying your way into a token", we will have a market penetration and success level we can only dream about.

Wasteful, unsustainable exponential-growth mining is a type of masturbation by Bitcoin and Ethereum nerds that will never produce a baby who will grow up to change the world.

Mining is stupid.

Everyone will have their opinion on mining, but remind you that without Bitcoin mining nobody be here.

It was groundbreaking, as was the steam engine in its days.

This.

money out of thin air ? lol you need a job on wall street!    ~this is BITCOINTALK  after all POW is actually secure.

[MalReynolds]

Calm down, we are mooning even before launch, after launch we will plutoing lol

"Plutoing" is now officially my goal for Lisk.

Just wanted to thank you MalReynolds for getting Delegate list together, i know for sure i will be Voting for Delegates from Official List that has proven to be able to run Lisk node with 98%+ and secure the network. really recommend to all of you to do the same. This "i vote, you vote" is too much for me..

i will go with Official list

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit?pref=2&pli=1#gid=0

Thanks!  I obviously agree with your thinking.  As I noted earlier:

Why would you vote for someone that hasn't proven that they can run a node?

That is a damn good question.

[redsn0w]

Calm down, we are mooning even before launch, after launch we will plutoing lol

"Plutoing" is now officially my goal for Lisk.

Just wanted to thank you MalReynolds for getting Delegate list together, i know for sure i will be Voting for Delegates from Official List that has proven to be able to run Lisk node with 98%+ and secure the network. really recommend to all of you to do the same. This "i vote, you vote" is too much for me..

i will go with Official list

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit?pref=2&pli=1#gid=0

The real voting begins only after the launch of the mainnet, right?
Right now voting on the testnet won't affect anything?

The vote on testnet will stay on the testnet .

[MalReynolds]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, and requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

[bangomatic]

Calm down, we are mooning even before launch, after launch we will plutoing lol

"Plutoing" is now officially my goal for Lisk.

Just wanted to thank you MalReynolds for getting Delegate list together, i know for sure i will be Voting for Delegates from Official List that has proven to be able to run Lisk node with 98%+ and secure the network. really recommend to all of you to do the same. This "i vote, you vote" is too much for me..

i will go with Official list

https://docs.google.com/spreadsheets/d/1mWcV-xWRpetdmqZ0SaI9oizulee8ZDnF-q4B4_zCCn8/edit?pref=2&pli=1#gid=0

Official List that has proven to be able to run Lisk node with 98%+ and secure the network.

You do realize that we are on TestNet and have actually been testing our nodes, taking them down, making improvements, etc... so uptime (within reason) should not be taken into consideration.  I got 2 nodes, one at 86% uptime that I have been actively testing on, and one at 100% that I just stood up and let it do it's thing.

edit: also if you were one of the first to setup a node, you got the 1st build (lisk-0.1.1) and it had a small bug in it that would get you off on a fork real easy, issue fixed with (lisk-0.1.2)

[Erkallys]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, that requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.  

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

Maybe Lisk is new-fashioned, but mining bring a so big pleasure. Also, you need to buy a lot of Lisk to get a decent income, while with mining that's cheaper. Also, once you get your mining equipement, you can mine all the coins while with PoS you need to sell them and buy another crypto-currency. Also, the electricity isn't wasted because all the production, if not consumed, is also wasted because of the impossibility to stake it.

[gembitz]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, and requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

java is the buggiest mess ever lol...who you joking 

[bangomatic]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, and requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

java is the buggiest mess ever lol...who you joking 

LOL      .js is not JAVA

[gembitz]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, that requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.  

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

Maybe Lisk is new-fashioned, but mining bring a so big pleasure. Also, you need to buy a lot of Lisk to get a decent income, while with mining that's cheaper. Also, once you get your mining equipement, you can mine all the coins while with PoS you need to sell them and buy another crypto-currency. Also, the electricity isn't wasted because all the production, if not consumed, is also wasted because of the impossibility to stake it.

100% POS/DPoS altcoin schemes sound like something right out of Chuck Ponzis' playbook!   

[MalReynolds]

...mining bring a so big pleasure... Also, once you get your mining equipement, you can mine all the coins while with PoS you need to sell them and buy another crypto-currency....

Porn allows big pleasures with blondes, brunettes and redheads, too.  But having and raising a baby to change the world requires a good wife.  

[gembitz]

...after all POW is actually secure.

We agree.   PoW is actually secure.

BUT...  PoW is an incredibly inefficient and wasteful way of obtaining that security, and requires trillions upon trillions of wasted hashes per blocktime.  The key point is DPoS Lisk obtains blockchain security levels equal to that of PoW Bitcoin or Ethereium with ONLY ONE hash per 10 second blocktime, NOT trillions of hashes like BTC or ETH.

That's why Lisk is being valued so highly.

LISK represents BOTH a revolutionary way to secure a blockchain AS WELL AS a revolutionary easy way to create sidechains and dapps.

Lisk is superior to Ethereum on both counts.  Period.

java is the buggiest mess ever lol...who you joking  

LOL      .js is not JAVA

well you tell me what the hell "js" stands for? bwaahahaah

Node.js runs stand-alone JavaScript programs.  ...does ORACLE know that you are doing this?  lol