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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1622. (Read 3074324 times)

hero member
Activity: 672
Merit: 500
As a developer who has worked on dev teams for the last 17 years I know that when you need coding/whatever done to finish a project you do whatever is necessary to hire people to get it done.  Put it on a credit card, or go to a bank loan officer and show the 6million in escrow to get a loan to get more developers, anything.  We would freak out for 1 client.  For this there are hundreds of investors waiting.  

This is too long, btc halving coming up.  A release date of 4/11 would have been primo.

My last question - when has anything ever been released perfect? There are always bugs.



Agree +100.
Dev,please.set-up a refund for those ones interest to have btc back.since ico rulse were differents.
It's legit to ask refund if anyone is not anymore confortable with those delay. Some investor are getting nervous.
Be legit, and refund who need btc back.

Many investor invested a lot considering launch was planned on april 11, and just in WORST case(your words dev "WORST CASE"), april end.
Now it's MAY END.
Some investors are unable to invest in other crypto due to btc locked on lisk ico.


screaming refund.. refund.. refund..
hero member
Activity: 742
Merit: 500
hero member
Activity: 672
Merit: 500
sr. member
Activity: 700
Merit: 250
As a developer who has worked on dev teams for the last 17 years I know that when you need coding/whatever done to finish a project you do whatever is necessary to hire people to get it done.  Put it on a credit card, or go to a bank loan officer and show the 6million in escrow to get a loan to get more developers, anything.  We would freak out for 1 client.  For this there are hundreds of investors waiting.  

This is too long, btc halving coming up.  A release date of 4/11 would have been primo.

My last question - when has anything ever been released perfect? There are always bugs.



Agree +100.
Dev,please.set-up a refund for those ones interest to have btc back.since ico rulse were differents.
It's legit to ask refund if anyone is not anymore confortable with those delay. Some investor are getting nervous.
Be legit, and refund who need btc back.

Many investor invested a lot considering launch was planned on april 11, and just in WORST case(your words dev "WORST CASE"), april end.
Now it's MAY END.
Some investors are unable to invest in other crypto due to btc locked on lisk ico.

hero member
Activity: 742
Merit: 500
When to launch?
and which exchange?
legendary
Activity: 1045
Merit: 1000
Catch-22.

You need to hire today right now professional developers to get this done. One man working 12 h/day will not be able to do this. The funds may be locked up in escrow and inaccessible at this time. You need to borrow real money against it and pay for real developers immediately in order to get this done.  Every blunder is a black mark ever step of the way. We are at 3 now unless some real initiative to solving these problems is displayed nearly everyone will be so quick to dump this once it goes live, and never return, you can kiss this dream goodbye.

i think its time for panic mode. this project will fail, you see it. sell your ico coins now for any price.

guys get your thinks together, the boat is sinking!!!!
hero member
Activity: 756
Merit: 500
As a developer who has worked on dev teams for the last 17 years I know that when you need coding/whatever done to finish a project you do whatever is necessary to hire people to get it done.  Put it on a credit card, or go to a bank loan officer and show the 6million in escrow to get a loan to get more developers, anything.  We would freak out for 1 client.  For this there are hundreds of investors waiting.  

This is too long, btc halving coming up.  A release date of 4/11 would have been primo.

My last question - when has anything ever been released perfect? There are always bugs.

sr. member
Activity: 434
Merit: 250
Two things:

-Funny that this projects talked about IoT and then explded on 10tps. Not good.

-I'm still baffled that there is no team in place, at least an amplification of the dev team. It would be trivial to find good help on credit, since so much money will be available in a few weeks/months.

Why is this still a oneman show (on the tech side), it looks like a joke. Get more people/eyes/brains on this thing NOW.
terms of escrow make it a straight jacket. they should have incorporated first and then borrowed against btc assets to hire developers for the pre launch phase.
sr. member
Activity: 267
Merit: 250
Learn to go against your mind
So let's skip the FUD and discuss some bottom-line facts.

What broke the Lisk 0.1.4 network was 600 transactions in a minute or 10 transactions per second (10 tps).  

For years, Bitcoin has been limited to 7 tps until changes made to cope with its DDoS attack last year.

https://blog.blockcypher.com/a-bitcoin-spam-attack-post-mortem-s-la-ying-alive-654e914edcf4#.mypx90hpi

http://fc16.ifca.ai/bitcoin/papers/BHMW16.pdf


@liskhq : What tps figure is the new and improved Lisk 0.1.5 network designed to support?  What tps figure has been demonstrated in testing?

A major change made by BTC has been modifications in their transaction queueing system that stores excessive incoming transactions for processing during later blocktimes.   Basically they store on the machines of individual miners those transactions that cannot be processed immediately.  The miners then resubmit those transactions for processing at a later time.

What is the buffer size in Lisk 0.1.5 among the 101 Active Delegates (both in bytes and in transactions) that stores "excessive" transactions for later processing during future blocktimes?

I just quote ETH tps to make a comparison:

How many TPS does Ethereum support

between 20 tps to 45 tps. possibly more.

With CASPER and future iterations what will the block times and tps be?

1-2 second block times and 115000 tps.
hero member
Activity: 627
Merit: 500
Two things:

-Funny that this projects talked about IoT and then exploded on 10tps. Not good.

-I'm still baffled that there is no team in place, at least an amplification of the dev team. It would be trivial to find good help on credit, since so much money will be available in a few weeks/months.

Why is this still a oneman show (on the tech side), it looks like a joke. Get more people/eyes/brains on this thing NOW.
sr. member
Activity: 434
Merit: 250
Thank you! Someone who is not an idiot. You exist!


So during next 30 days we will experience big series of moanings here that will result in nothing else but more pages in thread and driving price expectation down. Just because 90% of people here don't understand that ICOs (cryptocurrencies at all) are very high risk investments where everything may happen ;p

Good luck with controlling your emotions.

"The moon doesn't care about barking dogs."

Yep, we all bet, and bet bad. We lost. The thing is the ICO is still pretty cheap so we should still get 3-4X gains, but we're not getting 10-20X anymore that is for sure. The window for that has passed now that there has been 3 delays! No one will trust this system.

20x would have meant 140mio$ marketcap, to expect that amount from a simple crpyti-clone (which had a marketcap of 500k$) is simply childish. LISK may very well start in the range of 10-20mio$ which still would be very remarkable.

which would put Lisk high up the coin list cap chart. a good start.
sr. member
Activity: 434
Merit: 250
the ICO system is a faith based system.

i know who the people behind Lisk are.

some ICOs are a complete joke, with the devs hiding their identities as if they are on the FBI Most Wanted list. i can't 'invest' in people who behave like that.  

You don't need to hide your identity if you have a good lawyer from the start ... but ...wait ....

i like that Lisk has a lawyer.
hero member
Activity: 627
Merit: 500
Thank you! Someone who is not an idiot. You exist!


So during next 30 days we will experience big series of moanings here that will result in nothing else but more pages in thread and driving price expectation down. Just because 90% of people here don't understand that ICOs (cryptocurrencies at all) are very high risk investments where everything may happen ;p

Good luck with controlling your emotions.

"The moon doesn't care about barking dogs."

Yep, we all bet, and bet bad. We lost. The thing is the ICO is still pretty cheap so we should still get 3-4X gains, but we're not getting 10-20X anymore that is for sure. The window for that has passed now that there has been 3 delays! No one will trust this system.

20x would have meant 140mio$ marketcap, to expect that amount from a simple crpyti-clone (which had a marketcap of 500k$) is simply childish. LISK may very well start in the range of 10-20mio$ which still would be very remarkable.
member
Activity: 78
Merit: 10
the ICO system is a faith based system.

i know who the people behind Lisk are.

some ICOs are a complete joke, with the devs hiding their identities as if they are on the FBI Most Wanted list. i can't 'invest' in people who behave like that.  

You don't need to hide your identity if you have a good lawyer from the start ... but ...wait ....
sr. member
Activity: 434
Merit: 250
the ICO system is a faith based system.

i know who the people behind Lisk are.

some ICOs are a complete joke, with the devs hiding their identities as if they are on the FBI Most Wanted list. i can't 'invest' in people who behave like that.  
sr. member
Activity: 322
Merit: 250
I am not very concerned about the additional delay still it is extremely unprofessional. A few weeks ago they assured us that no further delays will happen and here it comes another one. Bad for your reputation and extremely bad for the future of Lisk. No serious partners will consider a partnership with a team which can't keep their promisses.
All the people defending the delay are concerned ico investors wanting to keep a good overall perception about the coin but that is mostly lost at this point. I just want to say that this is not the path i put my investment in, and Max and his team should put their asses together to deliver their original promissions


Totally agree here, way too many delays and stupid announcements.

First they delayed saying it was because not enough lisk keys were generated (I was confused why they would delay)

And now they are making up stories about something else. Seems like Lisk was just a concept like waves.

So if they only know now they need to update the sql etc etc,

I am betting 0.05BTC that there will be another delay at end of month. First person to put in his address I will stick to my word and transfer the btc if it launches on time, if not, then you pay me lol!

Whos in for the bet?? I wonder what their next made up story will be?
welcome in crypto kids
Altcoins ICOs  are a mix between social and financial engineering, exploiting  your lack of discernment and your ignorance of the law.
Those guys  who proudly show their btc wallet with hundreds of  btc inside... perfect target audience

What the fuck are u talking about u silly boy.

GTFY did u invested? If yes please sell me ur shares and go to fuck off...
member
Activity: 78
Merit: 10
I am not very concerned about the additional delay still it is extremely unprofessional. A few weeks ago they assured us that no further delays will happen and here it comes another one. Bad for your reputation and extremely bad for the future of Lisk. No serious partners will consider a partnership with a team which can't keep their promisses.
All the people defending the delay are concerned ico investors wanting to keep a good overall perception about the coin but that is mostly lost at this point. I just want to say that this is not the path i put my investment in, and Max and his team should put their asses together to deliver their original promissions


Totally agree here, way too many delays and stupid announcements.

First they delayed saying it was because not enough lisk keys were generated (I was confused why they would delay)

And now they are making up stories about something else. Seems like Lisk was just a concept like waves.

So if they only know now they need to update the sql etc etc,

I am betting 0.05BTC that there will be another delay at end of month. First person to put in his address I will stick to my word and transfer the btc if it launches on time, if not, then you pay me lol!

Whos in for the bet?? I wonder what their next made up story will be?
welcome in crypto kids
Altcoins ICOs  are a mix between social and financial engineering, exploiting  your lack of discernment and your ignorance of the law.
Those guys  who proudly show their btc wallet with hundreds of  btc inside... perfect target audience
legendary
Activity: 1778
Merit: 1043
#Free market
So official LISK release will be on May the 24th, 2016... that is 7 days before WAVES ICO ends... interesting  Huh
Nothing interesting about that. You just wanna promote that shit. Why is this even interesting?

Massive dump incoming.

Don't be a troll... c'mon Wolf Rainer.




Im not being troll. 3 delays are bad to the trust, also the date of launch is the worst, everyone will be in the madness of bitcoin bubble with all the alts going down hard. This is only good for the people who losed the ico and want a chance of buying real cheap (ico price or under), the rest of us who invested in the ico are in troubles, obligated to hold the Lisk for a long time (months) to even get some decent profit.


No, it's not good only for the people who losed the ICO time... it's good also for the people who 'believe' in this project.


I don´t have troubles in waiting, but come on theres not need to lying... The devs can simple tell us "We don´t have an estimated date for launch, it may take several months". But they said before open the ico that the wallet was going to be ready immediately after the ico ends.



The wallet was ready after the ico and a lot of people has started the public test (https://academy.lisk.io/lisk-setting-up-a-delegate-on-the-public-test-network-login-lisk-io-f53ae6d029ea#.cvndu45yn) to 'test' the wallet, the forging system and all the other stuff.

After few weeks someone stressed it with a spam-test (more info here: https://blog.lisk.io/lisk-v0-1-4-release-announcement-f1dc62369d8f) and the launch has been delayed more and more... it's better to start with a solid network instead with a weak one.



Think 5 seconds to this :

if the lisk team would have launched on the 11th of April ...they would never noticed these problems (spam attack, blockchain issues etc) and the launch would have been a disaster.
legendary
Activity: 938
Merit: 1000
So let's skip the FUD and discuss some bottom-line facts.

What broke the Lisk 0.1.4 network was 600 transactions in a minute or 10 transactions per second (10 tps).  

For years, Bitcoin has been limited to 7 tps until changes made to cope with its DDoS attack last year.

https://blog.blockcypher.com/a-bitcoin-spam-attack-post-mortem-s-la-ying-alive-654e914edcf4#.mypx90hpi

http://fc16.ifca.ai/bitcoin/papers/BHMW16.pdf


@liskhq : What tps figure is the new and improved Lisk 0.1.5 network designed to support?  What tps figure has been demonstrated in testing?

A major change made by BTC has been modifications in their transaction queueing system that stores excessive incoming transactions for processing during later blocktimes.   Basically they store on the machines of individual miners those transactions that cannot be processed immediately.  The miners then resubmit those transactions for processing at a later time.

What is the buffer size in Lisk 0.1.5 among the 101 Active Delegates (both in bytes and in transactions) that stores "excessive" transactions for later processing during future blocktimes?
member
Activity: 89
Merit: 10
I am not very concerned about the additional delay still it is extremely unprofessional. A few weeks ago they assured us that no further delays will happen and here it comes another one. Bad for your reputation and extremely bad for the future of Lisk. No serious partners will consider a partnership with a team which can't keep their promisses.
All the people defending the delay are concerned ico investors wanting to keep a good overall perception about the coin but that is mostly lost at this point. I just want to say that this is not the path i put my investment in, and Max and his team should put their asses together to deliver their original promissions


Totally agree here, way too many delays and stupid announcements.

First they delayed saying it was because not enough lisk keys were generated (I was confused why they would delay)

And now they are making up stories about something else. Seems like Lisk was just a concept like waves.

So if they only know now they need to update the sql etc etc,

I am betting 0.05BTC that there will be another delay at end of month. First person to put in his address I will stick to my word and transfer the btc if it launches on time, if not, then you pay me lol!

Whos in for the bet?? I wonder what their next made up story will be?
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