crilleaz
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Activity: 236
Merit: 100
★ Always strive for the best ★
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April 21, 2016, 03:54:33 PM |
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Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.
The rewards will not go really high. The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be. The more successful you are at getting supporters, the more unhappy your supporters will be. Yo, that's Lisk, baby. I mean the faucet rewards. Every little bit helps. The faucet won't only be available for voters. I know you're not a big supporter of projects who run for active delegate, but I think it is good to remember those funds can get used for great initiatives. |
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LiskHQ (OP)
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April 21, 2016, 03:55:31 PM |
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Is there a simple, (ELI5-esque) explaination of the differences between Crypti and Lisk. I know the brief history of the two. Specifically, what I want to know is when the original Crypti project was forked, what improvements and changes were made to make Lisk a different coin?
I can prepare one if you want. I would release it shortly before launch.  |
Lisk.io - Blockchain Application Platform
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bitbitch
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April 21, 2016, 04:00:09 PM |
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Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.
The rewards will not go really high. The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be. The more successful you are at getting supporters, the more unhappy your supporters will be. Yo, that's Lisk, baby. 150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually? |
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instacalm
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April 21, 2016, 04:02:06 PM |
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Is there a simple, (ELI5-esque) explaination of the differences between Crypti and Lisk. I know the brief history of the two. Specifically, what I want to know is when the original Crypti project was forked, what improvements and changes were made to make Lisk a different coin?
I can prepare one if you want. I would release it shortly before launch. Please prepare it, it's important! I'm interested in this as well. |
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cannabanana
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April 21, 2016, 04:04:28 PM |
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Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.
The rewards will not go really high. The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be. The more successful you are at getting supporters, the more unhappy your supporters will be. Yo, that's Lisk, baby. 150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually? lol yeah, at $10 a coin in the future  each delegate will theoretically earn 150k lisk in a year. What the value will be can be anyones guess. Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time. If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate. |
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MalReynolds
Legendary
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Activity: 938
Merit: 1000
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April 21, 2016, 04:05:54 PM |
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The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. 150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually? I was referring to seven figures in dollars, depending on how many dollars one Lisk is worth. The annual forging reward for a delegate is fixed at 150K for year one. If Lisk becomes worth $7 per Lisk, then a delegate reward for year one will be Dr. Evil's One Million Dollars. And a little change to buy a nice car. After paying for all those server expenses, of course. |
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cannabanana
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April 21, 2016, 04:09:01 PM |
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The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. 150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually? I was referring to seven figures in dollars, depending on how many dollars one Lisk is worth. The annual forging reward for a delegate is fixed at 150K for year one. If Lisk becomes worth $7 per Lisk, then a delegate reward for year one will be Dr. Evil's One Million Dollars. And a little change to buy a nice car. After paying for all those server expenses, of course.  |
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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April 21, 2016, 04:09:45 PM |
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...I think it is good to remember those funds can get used for great initiatives.
True true true. |
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cannabanana
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April 21, 2016, 04:11:08 PM |
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congratz guys, we just beat the post/page count of Crypti!  |
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aDAPPter
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April 21, 2016, 04:19:02 PM |
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Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.
The rewards will not go really high. The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get. The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be. The more successful you are at getting supporters, the more unhappy your supporters will be. Yo, that's Lisk, baby. 150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually? lol yeah, at $10 a coin in the future each delegate will theoretically earn 150k lisk in a year. What the value will be can be anyones guess. Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time. If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate. At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10) I don't mind this one bit, because less people will be selling. |
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ZenFr
Legendary
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Activity: 1260
Merit: 1046
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April 21, 2016, 04:26:06 PM |
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At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)
I don't mind this one bit, because less people will be selling.
It is a problem : the dev team should change this. |
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bittraffic
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April 21, 2016, 04:29:50 PM |
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anyone invested to Waves as well?
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Splatters
Legendary
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Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
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April 21, 2016, 04:33:13 PM |
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anyone invested to Waves as well?
ask into the waves thread |
I know why your pray will never be answered!
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aDAPPter
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April 21, 2016, 04:33:25 PM |
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At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)
I don't mind this one bit, because less people will be selling.
It is a problem : the dev team should change this. I don't see it as a problem. At $10 a coin, Lisk MarketCap will be at $1 Billion, thus it's worth paying delegates $1.5million/year to protect the network. |
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sluppy
Legendary
Offline
Activity: 2020
Merit: 1041
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April 21, 2016, 04:38:29 PM |
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At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)
I don't mind this one bit, because less people will be selling.
It is a problem : the dev team should change this. Yes but they wont, people have been saying its a serious issue since day one but u just get ignored and spammed over with posts that lisk will start at 2 usd no 4 no 6 no 20 .. They should at least increase the delegate count to 1010 that leaves plenty of meat on the bone for expenses and stuff. I don't see what the value add is over regular POS where everyone stakes what they own. @mal so far your the only serious delegate id vote for and maybe the banana guy cuz hes a joker not because I have much faith in his node handling skillz. |
The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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sluppy
Legendary
Offline
Activity: 2020
Merit: 1041
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April 21, 2016, 04:42:09 PM |
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At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)
I don't mind this one bit, because less people will be selling.
It is a problem : the dev team should change this. I don't see it as a problem. At $10 a coin, Lisk MarketCap will be at $1 Billion, thus it's worth paying delegates $1.5million/year to protect the network. Its worth it ? you think that's worth it .. you my friend are blinded by your GREED , I bet your running for delegate as well And wouldn't have a clue how to setup anything if mal or some other benevolent skilled person didn't write you a walkthrough that your typing over letter by letter with one finger per hand. |
The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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rlh
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April 21, 2016, 04:45:16 PM |
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Is there a simple, (ELI5-esque) explaination of the differences between Crypti and Lisk. I know the brief history of the two. Specifically, what I want to know is when the original Crypti project was forked, what improvements and changes were made to make Lisk a different coin?
I can prepare one if you want. I would release it shortly before launch. Please prepare it, it's important! I'm interested in this as well. Yes, I'd appreciate that. Those of us who never paid attention to Crypti could use a good cheatsheet explaining why the two projects are similar but having the Lisk fork was a good idea. |
A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.
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cannabanana
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April 21, 2016, 04:49:45 PM |
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At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)
I don't mind this one bit, because less people will be selling.
It is a problem : the dev team should change this. that's assuming that it becomes $10. At a realistic ICO price of you know Fucking 7 cents, it's barley enough to cover what some of us pay in server fees. |
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p75formula
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April 21, 2016, 04:51:06 PM |
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I don't know if I'd call it dead. They are over 5000 BTC which is not bad. What bugged me early on was it seemed too opportunistic timing wise. Then, the obvious manipulation of having early investors lined up to create hype. Plus, you have to wonder if those really were early investors and not the devs themselves trying to create the hype. Anyway, I stayed away and although, I'm here doing it, I don't want to derail the lisk thread talking about WAVES again. |
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