This is only displaying the arrogance building up on the Slock.it team.
That's why I have huge respect for Vitalik Buterin. He doesn't talk bad about other people's efforts. He wants the technology to succeed and he 100% believes in his own project. Therefore he doesn't need to make other projects look bad. I have the same mindset. Why should I talk bad about other people? Sure, some ideas are not good and I can mention that. But dismissing an entire project just because for the own sake?
i remember when ethereum started ... very very similar to lisk ...
all talk - then more talk - ico - financial backing through the ico / ipo / crapio - some development - more talk - much more rules and regulations on what can and cant be done - a little more dev work - much more marketing and btc generation - make more friends with money - pump pump pump dump - then do all over again ...
i see this happening here also unfortunately - but with a small twist ... there IS actual dev work going on in the backend ...
im neither here nor there with eth or lisk or any other pumped coin for that matter ... i give kudos to those that started this great idea of making themselves a HUGE amount of money by starting a marketing campaign for an idea - then getting btc / fiat to back it ... the owners ( yes - i said OWNERS ) of lisk and eth are doing a great job in making themselves rich ... but the difference is very stark ...
rich is short lived - wealth is not ...
so if a development of a system that EVERYONE can use SIMPLY is devised - then wealth will be the one thing that the project can boast ... anyone can boast about code and apps and pumps and dumps ... not everyone can boast ( let alone prove ) that the wealth thats accrued was from a system that is USABLE by the vast majority of people ( NOT companies - PEOPLE ) in existence today ...
look at microsofts products ... is it the best code on the market? ... NO! ... is it the best operational systems on the market? ... not a chance! ... is it usable by almost everyone that touches it ( no matter how unreliable and unstable ANY of their code is ) ... damned right it is! ... case closed ...
the massive PROMISE is what everyone in the lisk and ethereum camps are counting on - and obviously BETTING on ...
if any of these coins / camps / projects come out with something that is useful and readily available for the masses to run with - then it will be the bluray of todays crypto industry ( as opposed to the 'technically better' but no so marketable due to lack of financial backing HDDVD ) ...
i think ive made my point ... and im tired - so im going on a bit ...
bottom line is - i dont really care that a business makes money ... almost every business does that to one extent or another ... what i care about is a usable product that will make life easier for the everyday person AND is easy to use - that WILL create a wealthy business ... which means its a healthy business ...
in the very short term - we will see ... only a few months from now ... i can see it on the horizon ...
btc anyone? ...
...
#crysx
This is very normal. In the beginning nearly every project is just talk. They need to talk to get the money. It's the team behind the project which will work tremendously hard for years, achieving their dreams and building the best product possible. I can see that at Ethereum and I can see that at Lisk.
At the end of the day I agree with you. User experience is key. Therefore, at Lisk I put a heavy focus on that. Obviously, this can't happen from day 1. In the beginning security, optimisation and robustness is more important. However, once the initial period is over we will shift towards new features and an enhanced user experience. And once we are at a convenient level, we will shift stronger towards an extraordinary user experience.
I think every projects intends to do so, but not every project can actually do it.
Anyway... any word on this 502 Bad Gateway error on testnet.lisk.io?
Lisk v0.2.2 is finished, changelog and blog post are written. Oliver worked until 9am in the morning on the version and is now resting a bit. Once he is back, we will release 0.2.2 and start a new test network.
DAO is just ETH with a constitution. it's a new form of 'ICO', Initial Constitution Offering. there's no direct investment proposition...yet. it's a 'pig in a poke'.
do you think the price will be above or below the ICO when it reaches exchanges, and why?
Everyone can get their ETH back until the first project is funded. Obviously everyone is putting their ETH into the DAO. If the DAO token price is higher at launch than ETH, they sell the DAO token. If the ETH price is higher they demand their ETH back.
The final amount raised by the DAO will be the amount of ETH left, once the first project is funded. Right now the numbers are inflated. Nonetheless, it's a huge success and I wish the DAO holders the best luck. The majority of invested ETH obviously comes from a few individuals and I hope they make the correct investment decisions.
