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

[FandangledGizmo]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.

(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

[LiskKing]

I see a future in which DELEGATES are very valuable targets! They will make movies where DELEGATES are kidnapped and held for ransom..

[FandangledGizmo]

I see a future in which DELEGATES are very valuable targets! They will make movies where DELEGATES are kidnapped and held for ransom..

Delegates can in theory be rapidly fired and replaced if there is suspicion they are compromised. 

[TravelsAsia]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.

(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

I would prefer LISKHQ stay out of the recommendation business.  As we saw with BitShares, voting participation is more difficult than I would guess most people feel in this thread. Strong leaders will emerge.

[TravelsAsia]

Even it is the ICO price, its not low for a coin that is not even 2 weeks old. It has a volume 24/h more than litecoin. On poloniex its the number 1 rival of Ethereum. It has a marketcap like Dash. It is in the top 10 coins for a currency that is 2 weeks old.

Just have some faith and hodl.

good to remind us sometimes  

Don´t panik!
Unless you are´nt a experienced Daytrader don´t sell!
Look at the first day´s/weeks/months of ETH.
As I said: unless you are´nt an experienced Daytrader , turn off your Computer, and come back in 3 to 6 weeks. You´ll be fine.

For experienced day traders, Lisk has been incredible.

[bubilas]

Do you agree Max and Oliver used them 8 millions and 4 millions bounty to vote for delegates?(it does not matter, their own or others)
just take a part in voting, thanks

[ttookk]

Do you agree Max and Oliver used them 8 millions and 4 millions bounty to vote for delegates?(it does not matter, their own or others)
just take a part in voting, thanks

I don't exactly understand what you mean.
Do you mean whether I think they did vote with their Lisk, or do you mean whether they should do it?

[fuze0000]

I see a future in which DELEGATES are very valuable targets! They will make movies where DELEGATES are kidnapped and held for ransom..

Awesomeness!  I would watch that movie!
The LISK Wars! DPOS for life!

[BoldNinja]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.

(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

[witch]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.


(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

Why would I want to give a lisk away, the .1 lisk fee is high enough for withdraws.

[FandangledGizmo]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.


(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

Why would I want to give a lisk away, the .1 lisk fee is high enough for withdraws.

Thanks BoldNinja, great simple, clear instructions.

@witch some of those delegates are using LSK inflation to work on development or apps that will add value to LSK so your investment will benefit from voting for good delegates. Some are also profit sharing delegates who give some of the inflation they earn back to people that vote for them. Some are a combination of both.
So you can earn much more than the 1 LSK fee by voting.

[kingcrimson]

How much lisk do you make by voting?

[Bl4ckw00d]

How much lisk do you make by voting?

 You don't necessarily make any lisk by voting.  If you vote for a delegate that has forge sharing as part of his platform you could be entitled to a % of whatever is earned by forging by that delegate if you are one of his voters.  There are plenty of delegates with many different ideas and projects.  Some may appeal to you more then others.

[stan26]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.


(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

Why would I want to give a lisk away, the .1 lisk fee is high enough for withdraws.

Some delegates will run forging pools which means they will distribute some Lisk that they forge to users who voted for them.

[cryptodv]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.


(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

Why would I want to give a lisk away, the .1 lisk fee is high enough for withdraws.

Some delegates will run forging pools which means they will distribute some Lisk that they forge to users who voted for them.

Na, I rather hold my Lisk on Polo. 

[vhong]

Over 30 percent of all Lisk is in Poloniex's wallet. Does concern me a bit.

I mean, I don't think they would vote, but with people probably having their lisk laying in wallets they don't intend to touch for a long time and lazy people, holding 30% could be close to 51, when it comes down to voting power.

If Polo gets hacked and someone gets their hands on that wallet, the Lisk network as a whole would be in great danger…

In the early stages I think LSKHQ should make a list of who they believe are trustworthy, valuable delegates, that besides their other activities also share some of their profits, as well as simple instructions how to vote for them. (I'm not sure this can be done via the web wallet?)

1/2 of the 15% inflation going to profit sharing would be 7.5% p.a, given less than 1/2 of LSK will probably vote that means >15% interest per year for those that remove LSK from exchanges and vote, in the process decentralizing LSK and supporting delegates that are also adding value to LSK in other ways.

As the delegate system matures, LSKHQ can stop making a recommendation list for those that want to vote but don't have time to vet 101 delegates.


(A recommendation list from a centralized source like LiskHQ may sound counter-intuitive but given we're reliant on LISKHQ for the first 1-2 years of development, we're pretty reliant on them anyway. So I think anything that simplifies the process and gets people to remove their LSK from exchanges and start to participate in voting is positive at this stage.)

Nice post . I can help you with voting instructions :

Why would I want to give a lisk away, the .1 lisk fee is high enough for withdraws.

Some delegates will run forging pools which means they will distribute some Lisk that they forge to users who voted for them.

Na, I rather hold my Lisk on Polo.  

Of course, it's your own free will to do whatever you want with your Lisk and no one pressuring you to vote on any delegates.

[JanDzban]

Is there any topic or list of delegates where they show what they offer for voting? I mean in 1 place, clear, w/o any other posts or comments. TIA

[Equalizer1970]

My vote is up for buying. Inbox me if you are delegate that shares forging and let me know how it will work.

[okane]

Is there any topic or list of delegates where they show what they offer for voting? I mean in 1 place, clear, w/o any other posts or comments. TIA

Yes id like to see that too.  So many posts about vote for me and ill vote for you.  I havent voted for anyone but if there was a consice list with what they offer I would.

[elitecstrike]

hope the forging with delegates begin soon