cannabanana
|
|
April 21, 2016, 04:49:45 PM |
|
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.
|
|
|
|
p75formula
|
|
April 21, 2016, 04:51:06 PM |
|
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.
|
|
|
|
NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
|
|
April 21, 2016, 04:56:10 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees.
|
|
|
|
Splatters
Legendary
Offline
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
|
|
April 21, 2016, 04:57:52 PM |
|
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. 101 delegate for now is something written in the code, and can't be changed so fast, but as you know even max agree and want make a bigger delegate list up to 1000, but it's something that will come later, not at launch!
|
I know why your pray will never be answered!
|
|
|
Mrmoney2
|
|
April 21, 2016, 04:58:43 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees. At the end of the day only delegates that shares profits will be the actives ones I hope...
|
|
|
|
cannabanana
|
|
April 21, 2016, 05:00:12 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees. lol true but so is calculating the value at $10 per lisk Oh and some people are discussing purchasing $500+ month servers for lisk nodes.
|
|
|
|
sluppy
Legendary
Offline
Activity: 2020
Merit: 1041
|
|
April 21, 2016, 05:05:38 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees. lol true but so is calculating the value at $10 per lisk Oh and some people are discussing purchasing $500+ month servers for lisk nodes. Can you link to the server package your referring to ? if not ill have to call BULLSHIT on that.
|
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
|
|
|
highflyerbtc
Newbie
Offline
Activity: 26
Merit: 0
|
|
April 21, 2016, 05:08:25 PM |
|
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. so $10 $1.5million a year and 101 delegates so $151.5million a year at $1 that is $15.1million 0.10cents $1.51million for total delegates.scary numbers but am not worried if people like lisk. lots of interest i just hope i get dumped in lower once i sell high i want more lisk
|
|
|
|
cannabanana
|
|
April 21, 2016, 05:08:29 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees. lol true but so is calculating the value at $10 per lisk Oh and some people are discussing purchasing $500+ month servers for lisk nodes. Can you link to the server package your referring to ? if not ill have to call BULLSHIT on that. I know you can argue forever on this kind of shit so let's stop now. It might not be the best deal but it's none the less true.
|
|
|
|
crilleaz
Full Member
Offline
Activity: 236
Merit: 100
★ Always strive for the best ★
|
|
April 21, 2016, 05:08:33 PM |
|
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. Bullshit. at 7 cents you stilll 10k a year, which more than enough for server fees. At the end of the day only delegates that shares profits will be the actives ones I hope... They will play a big part indeed http://forum.lisk.io/viewtopic.php?f=6&t=415
|
|
|
|
LiskHQ (OP)
|
|
April 21, 2016, 05:15:30 PM Last edit: April 21, 2016, 05:45:11 PM by LiskHQ |
|
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. The comparison will only show the difference between the last Crypti version and the latest (launch) Lisk version. Why it was a good idea to fork:- A "new" team with a huge motivation. - Fundings which are sufficient for years. - A bigger community than Crypti ever had. - A project with clear leadership, which is utterly important. - A more rapid development cycle. That's just the beginning. But I don't want to go too deep into that. I will prepare a feature comparison for launch, so people see the value we are building with Lisk.
|
Lisk.io - Blockchain Application Platform
|
|
|
Starfleet.Intelligence
|
|
April 21, 2016, 05:18:21 PM |
|
Maybe one delegate could send a percentage (50%?) of it's LISK to a LISK faucet? I would vote for such a delegate.
I will volunteer for that! This is a good idea to start with and to share revenue as promised from my delegate: https://forum.lisk.io/viewtopic.php?f=6&t=223This will be my first action and also first use-case. Mark my words! I am always happy to get voted in MainNET, but please dont see this post opportunity as a sneaky way to advertise. Primary objective is to do action, to deliver and to help the project. Cheers!
|
|
|
|
Patriarch
Sr. Member
Offline
Activity: 347
Merit: 258
Founder of PROCOMMERCE.IO
|
|
April 21, 2016, 05:23:15 PM |
|
My name is Crilleaz and I am the owner of LiskFaucets.com. https://forum.lisk.io/viewtopic.php?f=25&t=414I am here to become a delegate. My server is run via Vultr (WON'T use the $5 server when mainnet launches) to ensure the best possible uptime and quality and I am already optimizing the security. SSH keys, firewall and Fail2Ban to start with. I will do everything to ensure a safe environment for Lisk and will work with experts on this field, like wannabe ( http://forum.lisk.io/viewtopic.php?f=6&t=403). What will I do with the funds I receive?50% will go towards my faucets. It will be my way to give back to the community. Furthermore, 10% will be used for Lisk marketing on this forum. These funds will make it possible to give out higher rewards towards early supporters of Lisk. Please vote for me now - on the testnet, and when the mainnet launches.My delegate name is LiskFaucets. My address is 12596390308945516244L. Current rank: 1317. i think i found were my vote is going
|
|
|
|
MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
|
|
April 21, 2016, 05:29:59 PM |
|
I think it is good that the delegate reward and motivation is getting a good public discussion. I am biased because I want to be a delegate. Because of that bias, I will never say anything negative about those who want to set up nodes that would share their reward with others somehow. Good luck to you.
As for more delegates - 1001 instead of 101, to spread the wealth around - that ain't gonna happen. Lisk has a 10 second blocktime. There is a limit to how many delegates you can coordinate worldwide in 10 seconds, and that number is around 101.
Here is the key point that needs to be at the center of all delegate reward discussions:
TANSTAAFL = There ain't no such thing as a free lunch. TANSTAFFL = The computers that run Lisk have got to be paid for somehow.
If Lisk were a start-up business there would be this huge 500 page IT plan about how many computers to get, and what kind of bandwidth, and what kind of support services to buy, and growth projections, and parts lists, and on and on and on. And oh, yeah, a budget.
Lisk is not a startup business and there is no master IT plan and no budget. We are making this up as we go along and we are less than 90 days in.
Initial indications are Lisk is gong to be a BIG DEAL with LOTS OF GROWTH and LOTS OF TRAFFIC. That means some big-ass computer power in the back room. That's gonna cost big money. Big money in year one, and probably bigger money in year five when the rewards are only 20% of what they are in year one. How much money will be needed to run all these servers and support systems like DDoS firewalls? Nobody knows.
When you are talking about "delegate rewards", you are talking about "how to pay for the Lisk computers".
Max had to make a wild-ass guess on how much resources / Lisk / money to pay for the Lisk computer / delegates. He came up with the "150K Lisk rewards per delegate in year one, tapering down to 30K Lisk in years five and beyond" plan. Will this plan throw too much or too little resources / Lisk / money at the required computers and the people / delegates that run them? Probably. Is this a problem? That depends.
Community, err on the side of paying delegates too much over too little. Paying delegates "too much" means the community may grumble, profit-sharing delegates are voted in, and Lisk continues. Paying delegates "too little" means the delegates quit, the computers stop, and Lisk dies.
|
|
|
|
reRaise
|
|
April 21, 2016, 05:31:47 PM |
|
The real project with potential here is Waves.
|
|
|
|
cannabanana
|
|
April 21, 2016, 05:34:10 PM |
|
The real project with potential here is Waves.
potential...For me to POOP on!
|
|
|
|
MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
|
|
April 21, 2016, 05:41:01 PM |
|
Sigh.
|
|
|
|
cannabanana
|
|
April 21, 2016, 05:42:04 PM |
|
Sigh.
don't worry dude, those guys understand. They missed the ICO.
|
|
|
|
blackfan73
|
|
April 21, 2016, 05:48:59 PM |
|
The real project with potential here is Waves.
This is about LISK,not waves.
|
|
|
|
RATM69
|
|
April 21, 2016, 06:16:10 PM |
|
Is there a list of delegates that will be profit sharing? to get votes
|
|
|
|
|