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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1662. (Read 3074397 times)

hero member
Activity: 518
Merit: 501
Speaking of delegates, the community should:

1. Have a central location where delegates should report what they are doing to add value to the system.

2. Set minimum expectations of how often delegates should update the community.

The most annoying aspect of DPoS was getting updates. As a community, we should not have to track down updates. It should be the delegate's responsibilty to communicate.

but this is not something you can enforce.

Now if you got a group of people together who will only vote for people who participate in your system it would be good at convincing some to join up.
sr. member
Activity: 448
Merit: 250
Speaking of delegates, the community should:

1. Have a central location where delegates should report what they are doing to add value to the system.

2. Set minimum expectations of how often delegates should update the community.

The most annoying aspect of DPoS was getting updates. As a community, we should not have to track down updates. It should be the delegate's responsibilty to communicate.
sr. member
Activity: 448
Merit: 250
From BitShares, the idea was if delegate pay became high enough, delegates could become their own mini company hiring people to help bring value to the product.

hero member
Activity: 504
Merit: 500
Communications Lead
- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please Smiley

well I think the biggest issue is still that nobody knows the real price so we can't really do stuff that requires price calculations without totally just guessing.

It might very well turn out that this coin is NOT an expensive coin.

What about some sort of voting app where the dapp has control over issuance of registration tokens that are paid for in lisk.  This question is hard because you can basically say this for any coin.

The benefits are that the processing of transactions are lightning fast and it does not waste energy because of the streamlined block reward system.

Basically almost everything ethereum can do, Lisk can also do well.

the possibilities are endless and since it's new, it's your opportunity to build something you would want to use.

You mention Ethereum, that doesn't ring a bell to average Joe.

You have to have good arguments to counter opinions as:

- If I want something online, I pay with paypal/mastercard.  I ay and get it instantly.  Blockchain speed does not interest me, average Joe.  
- Services for which you have to go to a site you never heard of (like poloniex), trust them with your money in order to get some coin while the graphs of almost any coin suggest a volatility like Nasdaq on steroïds won't get many people motivated.  If they want to bet/buy/game, they'll use mastercard/visa/paypal.  Bitcoin has been around way longer and if I talk to people around me (educated ones), the most they know is that it was internetmoney that boomed, then crashed with some shady stuff in between.
- Speed is a good argument indeed but then again: if I want something, I just pay for it with the known alternatives (see previous point).

- local markets (as a dapp) could be interesting for fast money transfer between people IF they don't have to go to a place like poloniex.


I think adoption could be found in games, donating small amounts of money for sharity, donating a 'thanks with some juice' to (for example) an artist/journalist/...or in avoiding taxes (but then you're messing with powers you don't want to meet who will do anything to destroy you and your blockchain).

The average Joe doesn't know what the Internet of Things or future disrupting techs are. He's going to know what they are AFTER it has reached massive adoption; he will just know how to use them.

For any crypto-currency to reach mass adoption, it needs to be combined with emerging technologies such as the Internet of Things, artificial intelligence, autonomous vehicles, among others. Lisk is a platform that runs decentralized applications, so combining the Lisk platform to the IoT is very possible. Blockchain technology has evolved past its terminology of "digital money", it's much more than that; it is capable of connecting billions of devices with higher efficiency and lower fees.

full member
Activity: 236
Merit: 100
★ Always strive for the best ★
620 pages. WOW. we need an index.

1-100: About Lisk
101-400: ICO
401-Current: Memes
hero member
Activity: 588
Merit: 503
Free Julian Assange
620 pages. WOW. we need an index.
hero member
Activity: 518
Merit: 501
I think that many many people forget tahn voting is not free : 1 Lisk.
Many people will not vote at the begining...

you can vote for 33 people with 1 Lisk as long as you vote for them at the same time.
hero member
Activity: 518
Merit: 501
- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please Smiley

well I think the biggest issue is still that nobody knows the real price so we can't really do stuff that requires price calculations without totally just guessing.

It might very well turn out that this coin is NOT an expensive coin.

What about some sort of voting app where the dapp has control over issuance of registration tokens that are paid for in lisk.  This question is hard because you can basically say this for any coin.

The benefits are that the processing of transactions are lightning fast and it does not waste energy because of the streamlined block reward system.

Basically almost everything ethereum can do, Lisk can also do well.

the possibilities are endless and since it's new, it's your opportunity to build something you would want to use.

You mention Ethereum, that doesn't ring a bell to average Joe.

You have to have good arguments to counter opinions as:

- If I want something online, I pay with paypal/mastercard.  I ay and get it instantly.  Blockchain speed does not interest me, average Joe.  
- Services for which you have to go to a site you never heard of (like poloniex), trust them with your money in order to get some coin while the graphs of almost any coin suggest a volatility like Nasdaq on steroïds won't get many people motivated.  If they want to bet/buy/game, they'll use mastercard/visa/paypal.  Bitcoin has been around way longer and if I talk to people around me (educated ones), the most they know is that it was internetmoney that boomed, then crashed with some shady stuff in between.
- Speed is a good argument indeed but then again: if I want something, I just pay for it with the known alternatives (see previous point).

- local markets (as a dapp) could be interesting for fast money transfer between people IF they don't have to go to a place like poloniex.


I think adoption could be found in games, donating small amounts of money for sharity, donating a 'thanks with some juice' to (for example) an artist/journalist/...or in avoiding taxes (but then you're messing with powers you don't want to meet who will do anything to destroy you and your blockchain).

yeah, you are right.  I mean, there's really no reason for anyone to use lisk or even bitcoin vs. Credit Cards.

This is still a speculators game and I don't think lisk or any altcoin will find mass adoption until bitcoin does first.  

So we develop little by little.  Rome was not built in a day.
legendary
Activity: 1260
Merit: 1046
I think that many many people forget tahn voting is not free : 1 Lisk.
Many people will not vote at the begining...
sr. member
Activity: 686
Merit: 251
- Dapps are some sort of apps.  People know apps but don't know why there shoud be a network surrounding them and why this network needs things like wallets and coins.

- The coins are the fuel of the network?  Why?

- Give me an example of a dapp that needs a network (blockchain) with expensive coins in order to make things work.

Your average Joe.

https://docs.google.com/document/d/1IOAvXidA5tIJU4ods3_W_SWszCsry4xiW29ChOTQly0/edit?usp=sharing

The first person to create a Lisk sports betting dapp becomes a billionaire.

Average Joe again:

Bets = shady = like bitcoin and funding terrorism and Ponzi-scheme stuff...

Next please Smiley

well I think the biggest issue is still that nobody knows the real price so we can't really do stuff that requires price calculations without totally just guessing.

It might very well turn out that this coin is NOT an expensive coin.

What about some sort of voting app where the dapp has control over issuance of registration tokens that are paid for in lisk.  This question is hard because you can basically say this for any coin.

The benefits are that the processing of transactions are lightning fast and it does not waste energy because of the streamlined block reward system.

Basically almost everything ethereum can do, Lisk can also do well.

the possibilities are endless and since it's new, it's your opportunity to build something you would want to use.

You mention Ethereum, that doesn't ring a bell to average Joe.

You have to have good arguments to counter opinions as:

- If I want something online, I pay with paypal/mastercard.  I ay and get it instantly.  Blockchain speed does not interest me, average Joe.  
- Services for which you have to go to a site you never heard of (like poloniex), trust them with your money in order to get some coin while the graphs of almost any coin suggest a volatility like Nasdaq on steroïds won't get many people motivated.  If they want to bet/buy/game, they'll use mastercard/visa/paypal.  Bitcoin has been around way longer and if I talk to people around me (educated ones), the most they know is that it was internetmoney that boomed, then crashed with some shady stuff in between.
- Speed is a good argument indeed but then again: if I want something, I just pay for it with the known alternatives (see previous point).

- local markets (as a dapp) could be interesting for fast money transfer between people IF they don't have to go to a place like poloniex.


I think adoption could be found in games, donating small amounts of money for sharity, donating a 'thanks with some juice' to (for example) an artist/journalist/...or in avoiding taxes (but then you're messing with powers you don't want to meet who will do anything to destroy you and your blockchain).
legendary
Activity: 1260
Merit: 1046
Is there a list of delegates that will be profit sharing? to get votes

Yes : it's important.
sr. member
Activity: 360
Merit: 250
Hello for all the Fudders and ICOers out there. I am delegate Bitcoinuserx. I understand the desire for profit sharing. However, I am not going to share my profit. LIKE NOO. But here is what I am going to do. I am a man of greater insight. I believe that the value of each Lisk will exponentially increase as more developers hop on to this project. Since I am Korean, I am going to spend my earnings to upgrade my server and translate all the necessary documents into Korean so that Korean developers join Lisk Revolution. This is so much more valuable in long term rather than just sharing profits. If you are holding Lisk long term and want your Lisk to reach over 10 dollars, I hope you vote for me. By voting me, you are supporting my work of bringing so many Javascript Developers in Korea who does not have a job. At launch, I will announce my forging account so that people can easily vote for me with few click of a button  Cheesy
hero member
Activity: 518
Merit: 501
If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

  How do I vote?

Go to the Lisk client, open your account, click on "blockchain" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.
Thanks for info!
https://forum.lisk.io/viewforum.php?f=6

you can look for profit sharing delegates here.  There are a few available now.
legendary
Activity: 938
Merit: 1000
If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

  How do I vote?

Go to the Lisk client, open your account, click on "blockchain" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.
Thanks for info!

Note that I changed "blockchain" to "forging" in my post, I made a mistake.  Please correct it in your quote as well, thanks!
hero member
Activity: 1134
Merit: 500
If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

 How do I vote?

Go to the Lisk client, open your account, click on "forging" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.
Thanks for info!
legendary
Activity: 938
Merit: 1000
If i setup delegate, and somebody vote for me. Its possible to find who vote for me or its anonymous process ?

The voting is a normal Lisk transaction.  If the account that sends you a vote has been named by its owner, then you know who voted for you.  If they never named their account, it's an anonymous vote.  There are programs people have written to show a table of who voted for who.

 How do I vote?

Go to the Lisk client, open your account, click on "forging" on the left hand side, then click the "delegates" tab at the top.  Look up the delegate you want to vote for and click in the box beside his name.  Then click on "vote" in the upper right corner.
hero member
Activity: 1134
Merit: 500
Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.



150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future  Grin Grin  

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.




nice. so delegates have to buy votes.

please send me your offers.
Is it possible? They can buy votes?

that's what profit sharing delegates are doing.  They are buying your vote so they can be a delegate and you get lisk for your vote.
Where ? when?  How do I vote?
MGM
full member
Activity: 224
Merit: 100
Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.



150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future  Grin Grin  

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.




nice. so delegates have to buy votes.

please send me your offers.
Is it possible? They can buy votes?


sure. you can buy or sell everything. and if a delegate really can earn that much, then there will be a market for votes.

Suddenly more people are realizing the amount money to be made in holding Lisk for long term

Encouraging holding Lisk is great for Lisk price. $20 to $30 Lisk is not so far fetched.


legendary
Activity: 1498
Merit: 1117
Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.



150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future  Grin Grin  

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.




nice. so delegates have to buy votes.

please send me your offers.
Is it possible? They can buy votes?


sure. you can buy or sell everything. and if a delegate really can earn that much, then there will be a market for votes.
hero member
Activity: 518
Merit: 501
Great, thank you! If I'm a delegate, the rewards can go really high. My main goal is to give back to the Lisk community.

The rewards will not go really high.  The rewards will be fixed at 150K Lisk in year one for your delegate no matter how many votes you get.  The more and more people who vote for you, the smaller and smaller their share of that 150K is going to be.  The more successful you are at getting supporters, the more unhappy your supporters will be.

Yo, that's Lisk, baby.



150k max? didn't you say only two or three weeks ago that the reward could be up to seven figures annually?

lol yeah, at $10 a coin in the future  Grin Grin  

each delegate will theoretically earn 150k lisk in a year.  What the value will be can be anyones guess.

Everyone in the 101 earns the same amount of lisk per year as long as the node is up 100% of the time.

If you are doing a Profit sharing Delegate where those who vote for you get a share of the lisk, that would mean that they are getting less and less as more and more start to vote for that delegate.

At $10 a coin, each delegate will actually earn $1.5 million / year (150K x $10)

I don't mind this one bit, because less people will be selling.




nice. so delegates have to buy votes.

please send me your offers.
Is it possible? They can buy votes?

that's what profit sharing delegates are doing.  They are buying your vote so they can be a delegate and you get lisk for your vote.
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