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

[Bl4ckw00d]

Lots of walls and attempts at price control.  Just hang tight ladies and gentleman.

[realm]

Lots of walls and attempts at price control.  Just hang tight ladies and gentleman.

This dude is persistent as hell

[gnargnar]

Lots of walls and attempts at price control.  Just hang tight ladies and gentleman.

This dude is persistent as hell

I guess he's building a position for later today or this week. There are talks (twitter,irc,trollbox) about Lisk.

When it's trending, you know what it is.... Follow the whales!!!

 

[Vagnavs]

How are things progressing with Lisk? It's been a while since I have checked with the team.. Any feedback would be great!
Brian

[GrounBEEFtaxi]

I'm a caca monkey, so there.  By the way Lisk is all time low.  BYE!!!

[Vagnavs]

I'm a caca monkey, so there.  By the way Lisk is all time low.  BYE!!!

Lisk isn't at an all-time low.. Not sure what chart you're looking at..

[ttookk]

Any news about forging? Just too lazy to read last 10 pages

Then just read this:

https://blog.lisk.io/lisk-community-meeting-summary-august-27th-4921a7e1fb1b#.hff86i6tn

[punkrock]

How are things progressing with Lisk? It's been a while since I have checked with the team.. Any feedback would be great!
Brian

Just check the latest blog posts: https://blog.lisk.io/

[konvekt]

The delegate system with the 101 delegates its just fucked up. You can say that oh look mister newbie came here to talk shit, but just go and have a look on LISKforum.
Since this delegate stuff was announced a huge CARTEL have formed. If you look into Delegates promotions topics is all you can see that "MY votes goes for: xyz". There are a lot of users with great amounts engaged to eachothers. If i would like to go there and announce that look i would like to run a delegate i wouldnt get any votes if i don't join the cartel. And since i dont have 10ks of LISK there is no chance for users like me, even if i would be able to run nodes with 99.99%+ uptime and with a config like a nuclear plant.

[honolulumark]

The delegate system with the 101 delegates its just fucked up. You can say that oh look mister newbie came here to talk shit, but just go and have a look on LISKforum.
Since this delegate stuff was announced a huge CARTEL have formed. If you look into Delegates promotions topics is all you can see that "MY votes goes for: xyz". There are a lot of users with great amounts engaged to eachothers. If i would like to go there and announce that look i would like to run a delegate i wouldnt get any votes if i don't join the cartel. And since i dont have 10ks of LISK there is no chance for users like me, even if i would be able to run nodes with 99.99%+ uptime and with a config like a nuclear plant.

you're right, the system has been compromised, hope they fix it. Lots of scummers controlling the system right now.

[ttookk]

The delegate system with the 101 delegates its just fucked up. You can say that oh look mister newbie came here to talk shit, but just go and have a look on LISKforum.
Since this delegate stuff was announced a huge CARTEL have formed. If you look into Delegates promotions topics is all you can see that "MY votes goes for: xyz". There are a lot of users with great amounts engaged to eachothers. If i would like to go there and announce that look i would like to run a delegate i wouldnt get any votes if i don't join the cartel. And since i dont have 10ks of LISK there is no chance for users like me, even if i would be able to run nodes with 99.99%+ uptime and with a config like a nuclear plant.

So? How does what you describe differ from PoS or PoW? I both cases, the ones who invest more money get more money.

There is no system that can remedy that. Or do you have an idea?

DPoS at least gives so much as a chance, that delegates who abuse their position can be voted out.

[konvekt]

DPoS at least gives so much as a chance, that delegates who abuse their position can be voted out.

But the problem is that at least 60% of all delegates are involved in this cartel stuff.
I don't know the solution. But i've seen that nobody spoke about this before. This problem is there from the first day. There should be a solution found. I'm interested also in Max's or Oliver's opinion about this, cause i'm sure that they knew about this from the very begining. In OP decentralization is mentioned a 100 times, but this cartel stuff isn't seem to be a decentralized network.
Plus there are a lot of delegates with name like xyzdelegate1, xyzdelegate2, ..., xyzdelegateN. If the user who owns these, starts to vote only on himself from each account what will be the result? But this is another problem.
IMO the cartel thing is more important now.

[Bitdonator]

What to do next, question is now?  

Hold lisk, or invest them in Iconomi ico (and rebuy Lisk later)

[ttookk]

DPoS at least gives so much as a chance, that delegates who abuse their position can be voted out.

But the problem is that at least 60% of all delegates are involved in this cartel stuff.
I don't know the solution. But i've seen that nobody spoke about this before. This problem is there from the first day. There should be a solution found. I'm interested also in Max's or Oliver's opinion about this, cause i'm sure that they knew about this from the very begining. In OP decentralization is mentioned a 100 times, but this cartel stuff isn't seem to be a decentralized network.
Plus there are a lot of delegates with name like xyzdelegate1, xyzdelegate2, ..., xyzdelegateN. If the user who owns these, starts to vote only on himself from each account what will be the result? But this is another problem.
IMO the cartel thing is more important now.

This is actually one of the topics that pops out from time time to time, so actually, it has been mentioned before. And yes, even before the ICO started. I understand that you don't want to read through a whole 1500+ pages thread, neither do I. So excuse me, but I won't look for it.
Look, i get the point and up to a certain point, I'm with you on this. It's not ideal. I just don't see how you can improve on that.

In fact, 60% of all delegates doesn't scare me as much as 60% of a PoW coin being mined by one pool (Go ask Shift how that went), because at least, you canvote against them (this, of course is based on the assumption that those 60% don't hold such a great number of Lisk, that they can outvote everybody else. Do they?).

I consider the DPoS system to be an integral part of Lisks identity. There are other projects out there, which attempt to do the same as Lisk attempts to, but with other Po systems. Which one will be the most successful? Time will tell.

What to do, question is now? 

Hold lisk, or invest them in Iconomi ico (and rebuy Lisk later)

While Iconomi looks promising, I can't imagine that it produces big short-term profits. It's idea is too much built on long term gains.

[Ankara]

What to do next, question is now? 

Hold lisk, or invest them in Iconomi ico (and rebuy Lisk later)

Invest in Icon then come back to lisk when they start to dump the lisk they conned i mean earned, i mean raised.

[ttookk]

What to do next, question is now?  

Hold lisk, or invest them in Iconomi ico (and rebuy Lisk later)

Invest in Icon then come back to lisk when they start to dump the lisk they conned i mean earned, i mean raised.

…or read what Iconomi is actually about. If they have half a brain, they will keep the Lisk raised as an investment, instead of dumping it.

As I said before, due to its nature, I don't think Iconomi will create a giant ROI right from the beginning. Maybe there is some P&D action in the first few hours of hitting the exchanges, but apart from that, I don't see how a token that is so entwined with the money invested in it should do crazy price jumps. You can see that as a good or bad thing If you want in and back out fast, I wouldn't expect 2x ROI, to be honest. But we'll see. I could be way off here (wouldn't be the first time).

[honolulumark]

…or read what Iconomi is actually about. If they have half a brain, they will keep the Lisk raised as an investment, instead of dumping it.

As I said before, due to its nature, I don't think Iconomi will create a giant ROI right from the beginning. Maybe there is some P&D action in the first few hours of hitting the exchanges, but apart from that, I don't see how a token that is so entwined with the money invested in it should do crazy price jumps. You can see that as a good or bad thing If you want in and back out fast, I wouldn't expect 2x ROI, to be honest. But we'll see. I could be way off here (wouldn't be the first time).

Can you even trust Russians and other Slavs after the Waves fiasco?

[damiano]

…or read what Iconomi is actually about. If they have half a brain, they will keep the Lisk raised as an investment, instead of dumping it.

As I said before, due to its nature, I don't think Iconomi will create a giant ROI right from the beginning. Maybe there is some P&D action in the first few hours of hitting the exchanges, but apart from that, I don't see how a token that is so entwined with the money invested in it should do crazy price jumps. You can see that as a good or bad thing If you want in and back out fast, I wouldn't expect 2x ROI, to be honest. But we'll see. I could be way off here (wouldn't be the first time).

Can you even trust Russians and other Slavs after the Waves fiasco?

I won't be trusting them that is for sure. Having Max kind of vouch for them aswell gives me a nasty taste in my mouth.

[Bitdonator]

…or read what Iconomi is actually about. If they have half a brain, they will keep the Lisk raised as an investment, instead of dumping it.

As I said before, due to its nature, I don't think Iconomi will create a giant ROI right from the beginning. Maybe there is some P&D action in the first few hours of hitting the exchanges, but apart from that, I don't see how a token that is so entwined with the money invested in it should do crazy price jumps. You can see that as a good or bad thing If you want in and back out fast, I wouldn't expect 2x ROI, to be honest. But we'll see. I could be way off here (wouldn't be the first time).

Can you even trust Russians and other Slavs after the Waves fiasco?

Your point of thinking is so stupid... and please stop with that bulls*it in this
thread, and entire forum.

If someone is Slav, that doesnt mean that he is scamer, bad developer etc...
For example: Vitalik B. is russian guy, and he made Ethereum, one of the major altcoins
and app platform today.

For 4 years of my life in cryptospace, I see everything... and I dont trust anyone.
I see a lot of scam projects by "devs" from all part of the world.

[honolulumark]

Your point of thinking is so stupid... and please stop with that bulls*it in this
thread, and entire forum.

If someone is Slav, that doesnt mean that he is scamer, bad developer etc...
For example: Vitalik B. is russian guy, and he made Ethereum, one of the major altcoins
and app platform today.

For 4 years of my life in cryptospace, I see everything... and I dont trust anyone.
I see a lot of scam projects by "devs" from all part of the world.

I didn't even mention they're scammers, they're just awful at conducting business, because they're unfamiliar with capitalism. Take for example Waves, the dude gathered 30k btc, and yet he still conducts business like he's selling drugs outside his commieblock.
I'm taking a look at iconomi, and all I see is yet another bunch or Slavs ready to goof with your money.
Also Vitalik was raised in Canada, he knows how to function in the Western Business world. He has the American culture instilled in him.
So, can you trust them?