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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1613. (Read 3074324 times)

hero member
Activity: 739
Merit: 500
yeah, I'm feeling dumb too now :/
We invested $5.9M into this ...  really frightening to say the least
Much more were invested into much less on countless times in history.

Crypti code is solid, writing something like this would take at least a year. Its much quicker to improve upon it. The code is much better already after a few weeks and database change will be a major improvement, with various others coming. After the launch with more developers progress will be even faster.

This is the difference between a clone and a fork. Clone takes no time, but its basically worthless, a fork is thriving for something better.
Software development takes time. If they would just cloned crypti it could have been released the day after the ICO ended.

Lets have some patients, we all be better off for it.
hero member
Activity: 518
Merit: 501
As a programmer i know that one month delay is still pretty good and i'm not even mad. It's really good that they find a hole and can fix it, because it will be terrible to find this after release. What i don't understand is why the hell they want to use SQLlite anyway ? It got terrible performance in higher number of inserts and updates. PostgreSQL will be much better choice.

But as an investor i'm pretty mad. Why the hell you say you can launch lisk on 12th april ? As a investor if you say "Lisk will be out in end of may" i will be completely fine with this. But reschedule release day every two weeks seriously do not help. A lot of people pull their money from big coins like ETH, and they was ready to invest in lisk. Now ? I'm not so sure. If you want it or not, crypto altcoins world will be always not only programming project but also community and marketing dependent project. Timing and comunity are, what make coins valuable, not utilities and stuff you can do with it. And don't take me wrong, of course i know new invented stuff bring more attention, but interest of people is the main goal of successfull project (not even in crypto world).
Well and now ? We got pretty much disapoinment/agry comunitty and completle messed up timing.

All in all, i don't want to FUD or scare anybody, i just want to share my opinion.
At the end i think if launch will be without any problems and will be FINALLY on scheduled date, we are still fine.

Very good post indeed! And you make totally sense!

Now we will forgive only if the TEAM make real promises no more wanna be DATES..No only keep us inform but what are they doing with the 15,000 BTC. Who are in the team? List of all the Team member, names and what they do. We invested on this we do not donated anything, This is not a charity, So more information and less shadows. You just lost a chunck of credibiliity by playing with TIME. If you are not sure when you can deliver do no say anything keep quiet and say you will say the launch date sometime in the summer or so but you made a beginner mistake. Now we want as soon as possible please list of every member of the team and what the money has been used in one month. From now on we would like to monitor closely as you let us down twice, now y9ou have to prove to us you are worth ur time and investment NO DONATION!

They don't get the money until 1 week after official launch.

this delay also delays them from getting your money.
member
Activity: 118
Merit: 10
As a programmer i know that one month delay is still pretty good and i'm not even mad. It's really good that they find a hole and can fix it, because it will be terrible to find this after release. What i don't understand is why the hell they want to use SQLlite anyway ? It got terrible performance in higher number of inserts and updates. PostgreSQL will be much better choice.

But as an investor i'm pretty mad. Why the hell you say you can launch lisk on 12th april ? As a investor if you say "Lisk will be out in end of may" i will be completely fine with this. But reschedule release day every two weeks seriously do not help. A lot of people pull their money from big coins like ETH, and they was ready to invest in lisk. Now ? I'm not so sure. If you want it or not, crypto altcoins world will be always not only programming project but also community and marketing dependent project. Timing and comunity are, what make coins valuable, not utilities and stuff you can do with it. And don't take me wrong, of course i know new invented stuff bring more attention, but interest of people is the main goal of successfull project (not even in crypto world).
Well and now ? We got pretty much disapoinment/agry comunitty and completle messed up timing.

All in all, i don't want to FUD or scare anybody, i just want to share my opinion.
At the end i think if launch will be without any problems and will be FINALLY on scheduled date, we are still fine.

Very good post indeed! And you make totally sense!

Now we will forgive only if the TEAM make real promises no more wanna be DATES..No only keep us inform but what are they doing with the 15,000 BTC. Who are in the team? List of all the Team member, names and what they do. We invested on this we do not donated anything, This is not a charity, So more information and less shadows. You just lost a chunck of credibiliity by playing with TIME. If you are not sure when you can deliver do no say anything keep quiet and say you will say the launch date sometime in the summer or so but you made a beginner mistake. Now we want as soon as possible please list of every member of the team and what the money has been used in one month. From now on we would like to monitor closely as you let us down twice, now y9ou have to prove to us you are worth ur time and investment NO DONATION!
hero member
Activity: 518
Merit: 501
Is a perfectionist CEO a good thing though, esp when they could just release and update it later? It is starting to feel the devs are a liability on their own product.

I would normally agree with you but something as big and IMPORTANT as the database should be taken care of before launch.

Yeah I get it if some non important UI has a bug, release it but this is very critical to the health of LISK down the road.
hero member
Activity: 518
Merit: 501
As the test net was set up for lisk and hundreds of potential delegates started running nodes, sending transactions, testing stuff, it turned out that the current code can't handle the amount of transactions Lisk can expect after launch, not even with the optimalization and bug fixes Oliver made to the original crypti code since the fork.

so let me get this straight  you invested $5.9million into a coin that was broken lol

yeah, I'm feeling dumb too now :/
We invested $5.9M into this ...  really frightening to say the least

how much of that 5.9 mil did you invest?  $100?  You should be scared.
member
Activity: 71
Merit: 10
As the test net was set up for lisk and hundreds of potential delegates started running nodes, sending transactions, testing stuff, it turned out that the current code can't handle the amount of transactions Lisk can expect after launch, not even with the optimalization and bug fixes Oliver made to the original crypti code since the fork.

so let me get this straight  you invested $5.9million into a coin that was broken lol

yeah, I'm feeling dumb too now :/
We invested $5.9M into this ...  really frightening to say the least
legendary
Activity: 1025
Merit: 1000
Is a perfectionist CEO a good thing though, esp when they could just release and update it later? It is starting to feel the devs are a liability on their own product.
hero member
Activity: 739
Merit: 500
As a programmer i know that one month delay is still pretty good and i'm not even mad. It's really good that they find a hole and can fix it, because it will be terrible to find this after release. What i don't understand is why the hell they want to use SQLlite anyway ? It got terrible performance in higher number of inserts and updates. PostgreSQL will be much better choice.
Crypti was (is) using SQLite, as a fork Lisk is using it also, the code is result of a 2 year development. But it was never really stress tested, with little interest from the community. As the test net was set up for lisk and hundreds of potential delegates started running nodes, sending transactions, testing stuff, it turned out that the current code can't handle the amount of transactions Lisk can expect after launch, not even with the optimalization and bug fixes Oliver made to the original crypti code since the fork.
As a temporary solution the transaction number per block was limited (in 0.1.4) and Lisk could've been released like that, and implement better solution later,  but I guess they decided that delaying a few weeks to make the improvements are better than releasing Lisk with such limitations. (not to mention other fixes are also needed)

When you follow delevelopment and testnet events, its really not a mystery, and quite clear what lead to this decision, even when they try to make statements only about facts and not hint, speculate and otherwise fuel the fires of gossip.

This is why these scam accusations and conspiracy theories about playing (expected) bitcoin bubble, planning around Wave ico and other stuff are clear nonsense for anyone who is really following the happenings of lisk. Everyting that happend so far had a natural progression to it, that anyone can see (hundreds of ppl) who are active on the testnet, chat, and Lisk forum.
sr. member
Activity: 743
Merit: 250
Some people just can't handle Lisk... Sigh...
sr. member
Activity: 322
Merit: 250

Amazing!!

Keep working on this guys!! Many users here are very pleased for the great work u are doing.
I'm very happy to be one of the luckiest ppl who bough on ICO.
Don't listen to all this wankers  ( I know u don't )
Thanks for make it happen!!

Regards
hero member
Activity: 533
Merit: 500

Well even russian scam pump and dump coins are better than this, because at least you have freedom over your own money. This is three delays and we just have to take their word for it, and now watching the halving mania start. I am sure we can sell for about ICO +- 20 %. We are all forced to be true believers, and it is a hard sell as Lisk fundamentals were never that great, it was all just the right timing.

This is crypto and this particular crypto is an ICO. This is just how it goes. I Went through the exact same thing with ETH. Went through all the calls of it being a scam and so on.

In the end I made a lot of money off of ETH. I made a lot off of Crypti too but that was mostly from trading it well.
hero member
Activity: 574
Merit: 500
so let me get this straight  you invested $5.9million into a coin that was broken lol
hero member
Activity: 504
Merit: 500
Communications Lead
legendary
Activity: 1025
Merit: 1000
Bitcoin Litecoin up another 10 % today, while we're trapped.
By May 24th I estimate BTC at $800, LTC at $ 6
We are trapped in this and watching in slow motion just how screwed we are.
The salt on the wound are the 'true believers'. Lisk had TWO things going for it. Timing and marketing. Now it has neither.

You don't know.

If it launched today, maybe  you'd dump and then may 24th it'd be worth twice as much.

Litecoin up, BTC halving, blah blah blah. No one knows what the markets will look like in a month so just buck up. They might have done you a favor since most bitching are just looking cash out as soon as possible.

For the record, I'm very unhappy with this delay. I tried stomping my feet and crying but it didn't change. So I go on because I've been in crypto long enough to know that pissing and moaning just makes you a pisser and moaner.

Well even russian scam pump and dump coins are better than this, because at least you have freedom over your own money. This is three delays and we just have to take their word for it, and now watching the halving mania start. I am sure we can sell for about ICO +- 20 %. We are all forced to be true believers, and it is a hard sell as Lisk fundamentals were never that great, it was all just the right timing.
legendary
Activity: 1582
Merit: 1057
I dont' stay with a guy with 7 millions usd that wasn't able to launch a coin respecting a timeline,without hiring other people when stuck appears,and delayed 3 times!
Stay with your family,girlfirend,boyfriend or whatever.  Wink
Respect yourself and pretend loyal,answer in your life. Don't act as little child,specially in crypto.
And forget x2-x4-x10. Lisk has doomed.

You must be one of those people, who think 9 women can deliver a baby in 1 month.


Nope!
Wake up and open your eyes.
Or be blind and continue to walk straight.
It's your choice.
Good luck to all.
Have a nice day/night!

Goodbye!
full member
Activity: 140
Merit: 100
I dont' stay with a guy with 7 millions usd that wasn't able to launch a coin respecting a timeline,without hiring other people when stuck appears,and delayed 3 times!
Stay with your family,girlfirend,boyfriend or whatever.  Wink
Respect yourself and pretend loyal,answer in your life. Don't act as little child,specially in crypto.
And forget x2-x4-x10. Lisk has doomed.

You must be one of those people, who think 9 women can deliver a baby in 1 month.

why? isn't that possible?

I was out this weekend, and regarding the delay I'm ok with it, I believe the team is working hard to deliver it as perfect as possible
hero member
Activity: 533
Merit: 500
Bitcoin Litecoin up another 10 % today, while we're trapped.
By May 24th I estimate BTC at $800, LTC at $ 6
We are trapped in this and watching in slow motion just how screwed we are.
The salt on the wound are the 'true believers'. Lisk had TWO things going for it. Timing and marketing. Now it has neither.

You don't know.

If it launched today, maybe  you'd dump and then may 24th it'd be worth twice as much.

Litecoin up, BTC halving, blah blah blah. No one knows what the markets will look like in a month so just buck up. They might have done you a favor since most bitching are just looking cash out as soon as possible.

For the record, I'm very unhappy with this delay. I tried stomping my feet and crying but it didn't change. So I go on because I've been in crypto long enough to know that pissing and moaning just makes you a pisser and moaner.
full member
Activity: 174
Merit: 100
A Coin A Day Keeps The Cold Away.
From my phone so short msg.

Max, stay strong and take this ship though this storm.  We just left port.  A round-the-world voyage of amazing accomplishments lies ahead.  You and Oliver have the full support of many here, including me.
and me!

Me too !!


Don't forget me ....  The delay of the launch was perfect !

If you liked that delay so much, shouldn't they delay a little bit more? What about delaying for another 6 month? lol...
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