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

[Calabi–Yau Manifold]

By now people know that I'm dedicating my whole life to Lisk currently.

Obviously a great person and a great project!

Max, one request: please update the manuals about Dapps if the architecture is already stabilized. As soon as this happens, the future of crypto will be definite: Lisk. IMO eth, etc and alike slag was the perfect plunge-board for the transition from Bitcoin 1 to Bitcoin 3 (aka Lisk).

Thank you.

He can't. There are no Dapps

It's called App(s) or Blockchain App(s). But not Dapps, Bapps or Uppps because it makes no sense.


Please read:
https://blog.lisk.io/changing-the-lisk-terminology-renaming-dapps-to-blockchain-apps-fb9814078b9c
https://blog.lisk.io/what-is-lisk-and-what-it-isnt-e7b6b6188211

 

So maybe BOOBS is best name?!

[MoveCrypto]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

You probably won't get voted into a top 101 position if you plan to keep 100% of the forged Lisk for yourself.  Most of the current top 101 have pledged to invest the majority of their forged Lisk into projects, then pay themselves bonuses for milestones, or a % as salary.

You can read the promises delegates have made here:

https://forum.lisk.io/viewforum.php?f=6

It's a neat system to have this group of delegates using the inflation to manage projects and grow Lisk.

[BTCwriter]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

[LiskHQ]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

[cointrader83]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

Dear Max!

I really want to sponsor projects from my funds, if I can forging on the mainnet. Please can you tell me what funds/projects you recommend for us?

[sluppy]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

wasn't there also a plan to add more delegates then the initial 101 ?

[LiskHQ]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

Dear Max!

I really want to sponsor projects from my funds, if I can forging on the mainnet. Please can you tell me what funds/projects you recommend for us?

Lisk will do its own fund for all development which will happen in 5 years+. So this is something where you could contribute to. Additionally, all sorts of community projects. LiskNation, all monitors, new projects which come up, blockchain app plans, etc.

You could even dedicate yourself to a task like marketing. That means with 10% you are supporting our fund. With 70% you are buying advertisements and news articles. 20% is for yourself. I think this is something which we could aim for, people have different kinds of skills and as a delegate they can utilise them.

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

wasn't there also a plan to add more delegates then the initial 101 ?

Yep, this is another topic. Over time we will increase the number of delegates. This won't happen this year though.

[rakesh1_90]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

[damnMscollec]

Max promises 5 years development, which is awesome! So maybe we can be top 10 again if we keep developing.

[Poly#Crypto]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing  

note: too hasty

[Ruzka]

Max promises 5 years development, which is awesome! So maybe we can be top 10 again if we keep developing.

Ofcourse it will make top ten. Late this year or early to mid next year we will get there and not be leaving again.

[LiskHQ]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing 

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

[honolulumark]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing 

>Arab money, SON!

Nice, everything is turning out pretty good now that we have Saudi Arabs backing us.
WE MARCH ON! Viva La Revolution!

[Poly#Crypto]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing  

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

lol, a lot of confusion
https://soundcloud.com/cointelegraph/tbp80-a-means-to-an-end

[LiskHQ]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing  

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

lol, a lot of confusion
https://soundcloud.com/cointelegraph/tbp80-a-means-to-an-end

They will change the description (in a few hours), I hope my interview wasn't that confusing like it seems to be. I never listen to them again, but I also hope they didn't cut it in a strange way.

[harmonylife]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing 

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

3500? Shouldn't be 15k BTC

[LiskHQ]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing 

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

3500? Shouldn't be 15k BTC

Yes, it's a wrong fact and will be fixed. We collected a little bit more than 14k.

[Poly#Crypto]

 
Lisk-Nano v0.1.0 binaries also available on GitHub for download.

https://github.com/LiskHQ/lisk-nano/releases/tag/v0.1.0

[harmonylife]

https://cointelegraph.com/news/podcast-max-kordek-a-means-to-an-end

Thanks for sharing 

What is this? I will contact them.

Lisk is currently in the process of their Initial Coin Offering (ICO) which has already raised over 3500 Bitcoins. You do the math on that. That's Arab money right there, son.

3500? Shouldn't be 15k BTC

Yes, it's a wrong fact and will be fixed. We collected a little bit more than 14k.

Haha, the author didn't do enough research on this project.    They should have corrected this before publishing it.

[MoveCrypto]

5 LSK per block. Every 17 minutes you forge a block (3/h). About 400 LSK a day or 12,000 LSK a month.

So, yearly there will be around 14.5 millions Lisk created by 101 delegate?

This is a great money to get, woow i would like to be a delegate as well! Imagine Lisk worth 1$ and you get 12k Lisk for keeping the network alive?! SICKKK

This would be too much, I hope Lisk team is serious and would lower this to around 5,000 a month.

1.) The average productivity will probably be around 90%, that means you have to remove 10% out of the calculation.
2.) I assume that there will be movement inside the top 101, that means over the year we probably see 300 delegates or more in this position. So every single person earns much less.
3.) You don't have a chance to get into the top 101 if you don't use the collected funds wisely. I.e. for blockchain apps, Lisk projects, faucets, or our internal plans we reveal soon.


The numbers sound a lot more than they are in reality.

Dear Max!

I really want to sponsor projects from my funds, if I can forging on the mainnet. Please can you tell me what funds/projects you recommend for us?

Lisk will do its own fund for all development which will happen in 5 years+. So this is something where you could contribute to. Additionally, all sorts of community projects. LiskNation, all monitors, new projects which come up, blockchain app plans, etc.

You could even dedicate yourself to a task like marketing. That means with 10% you are supporting our fund. With 70% you are buying advertisements and news articles. 20% is for yourself. I think this is something which we could aim for, people have different kinds of skills and as a delegate they can utilise them.

If every delegate operates like this, it will be great for Lisk.

With 101 delegates, it will be quite a job to check to see which delegates are sticking to the promises they made to get voted in, and which delegates need to be un-voted for treating all of the forged Lisk like personal funds.

If there's no system of accountability, there could be a lot of delegates collectively dumping hundreds of thousands of Lisk each month, and producing no results from it.

This is why I've included in my petition that I'm willing to treat it like a job to check the progress of delegates, and to look at where they are holding and sending the forged Lisk:

https://forum.lisk.io/viewtopic.php?t=842