Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 180. (Read 3074131 times)

Looks like your system's time stamp is out of sync with the network's time. Try to use some ntp servers for your local machine to get the correct time and try again.

I'm trying to change some votes in Lisk Nano but I'm getting always an error.
Untill now I had always vote in online wallet, but now I found that I can vote and unvote in the same transaction.

"Invalid transaction timestamp. Timestamp is in the future."

Anyone knows what is this and how can I solve it?

People should realize that they can earn much more when the Lisk price increases instead of getting some additional LSK without having a higher price. I give you an example, what do you prefer?:
1) now: 1000 LSK with $5 each ($5000), later: 1000 LSK with $20 each ($20000)
2) now: 1000 LSK with $5 each ($5000), later: 1100 LSK with $5 each ($5500)

I think we agree that example 1) is the "better" one. To get a higher price, Lisk must become better, Lisk must be used by much more people, Lisk must become more popular. To reach this, people should organize meetups, build tools, build apps, and so on... To motivate people/delegates to do all those things, you should vote for them, so they can keep forging, and using their funds to do those things, or to fund such projects.

Meaning: by voting for delegates who contribute much to the Lisk ecosystem, you help increasing the price of Lisk which brings you much bigger earnings (X-folds) than just collecting a few additional single LSKs.
This means: by voting for such delegates who contribute to the Lisk ecosystem, you invest longterm into Lisk and you will get much higher rewards than voting for delegates who contribute nothing than paying out some LSK.

Ok.But if you dont give nothing why somone have to vote you?If everybody thinks like that whats the purpose of all this?This is just a question not a provocation.

+1
only thing that would be an improvement is to rise payout threshold to (min.) 1 Lisk.
many smaller voters are handicapped with such low thresholds like 0.5, cause their earnings<>network fee rate is unfair.

I personally (as smaller voter) also haven't a problem with 3, 5 or 10 Lisk threshold.
sure, payout takes longer then, but this will save much of network fees. So on the whole, earnings are higher.

flash of wit:
I wonder if it would be very complex for all Lisk delegates to realize a personal payout threshold for each voter address?
Thats possible at many other (ETH, ZCash, ...) pools, simply verified with current IP address.
That would be a really big improvement imho.

No, Lisk is a decentralized blockchain. The decentralized community should reward contributing delegates by voting for them. That's the idea behind DPoS. A centralized entity should not be needed to reward these delegates.
I decided to not give 25% to my voters, but to donate those 25% to contributing people and great projects. Every voter who says this is greedy is just greedy himselve. He prefers his own personal profit over the benefit for the whole Lisk ecosystem.
If all those percentages shared to voters would be invested into great Lisk projects and into people organizing meetups, creating tools, fixing bugs instead, we could be already at twice or three times the price we are now. And everybody who owns LSK would profit much more from higher prices than from a few single LSK payed out because of voting. Think in long term, not short term to get big rewards!
So, .cryptic. tell me who is greedy here:
1) the delegates spending 25% to people contributing to Lisk and promising projects,
2) voters who try to get higher rewards by doing absolutely NOTHING for Lisk
?

You're a good example of what a delegate should be. Sharing a fair amount of your rewards and contributing to the Lisk ecosystem. See, it is possible to do both. Win/win.

No no, nothing official about the byteball distribution to lisk holders,Max only said that it will be decided after the byteball airdrop is over and there are few more rounds left.

There should be one "due diligence delegates guy", a person who understands what exactly every single delegate is doing and can translate that for non techie crowd,the community is getting bigger and a lot of new voters will come up so it would be cool to know who exactly and how gives a bigger value to one lisk. Like mrv777 is saying.. its better to vote for a hard working delegates than just for the quick profit ones. I ask you any small and mid lisk holder, would you rather own a 1100 lisk worth 20 dollars each or only 1000 lisk but 80 dollars each!

I am just trying to follow your guys logic.  Do I have this correct?
1.) So because I contribute to the Lisk Network, it's okay for me to just keep 50% of my forged Lisk to sell whenever I want as long as I share the other 50% with my voters?  I shouldn't worry about the future of the Lisk ecosystem and helping to fund good Apps that will improve Lisk or reward good contributions by people to the system? (btw, this is what HQ has stated in the past delegates should do and I believe it's why Lisk HQ doesn't have a bounty program.  Active delegates are supposed to be rewarding these people. As some of us do with donations.)
2.) If I don't feel like contributing to Lisk anymore, I can just raise my sharing to 75% and just keep 25% for myself for doing nothing anymore but being lucky enough to get a lot of votes?

I would think you are not saying that myself, gr33ndrag0n, cc001, or 4miners.net (there are others, but no need to list them all) are not doing much for the ecosystem.  We contribute and participate regularly.
Also, do people understand that pools benefit the big bagholders the most?  If you have less that 1000LSK there is no real point in voting for pool delegates.  It will take weeks, if not months just to get back the cost of your vote; and after that your profits are minimal.  You have more to gain by voting the delegates that will increase the price of lisk by adding to it; and those increasing the price of the lisk you hold.  You can get much bigger gains that way.
The original point of voting was to have the forging delegates be active members of the community that add value to the system (like the delegates I have been listing).



Why is it acceptable to have forging delegates that don't contribute to the Lisk network
They shouldn't raise their pool rewards, they should be voted out.  There are plenty of worth standby delegates that are contributing to the Lisk network that should be voted in instead


Who says active delegates that are not big pools are keeping it all for themselves?  Example is that I have forged Lisk reserved just for worthy lisk projects and apps that I will help fund and/or donate to.  Just like I donated to 5an1ty for his docker contributions to lisk.  
Delegates should not just be keeping all forged lisk they don't share with voters.  If they are a good delegate, they will put that forged lisk back into the system through donations and funding to others.  If they don't and they just sell what they keep, they should be unvoted from forging; as we recently saw happen.

For the delegates that are actively contributing to the Lisk network. Nobody is complaining about that. We just think that a reasonable amount to keep for yourself is 50% - which is MORE THAN ENOUGH. And give back to the people voting for you at least 50%

The delegates that are not contributing to the Lisk network, need to bump up their percentage of pool reward to at least 75%, imho.

It's the low percentages (or no sharing) that people are upset with. Rectify, this, like techbytes and samurai, and you will have loyal voters.

People are not screaming to get 80% or 90% share of the profits. They are only complaining about people who shares like 5-10% and not doing much for the ecosystem, which is totally understandable.

Lisk HQ has no bounty program currently and if you want to work for them, you have to move to Berlin.  So it's very difficult for delegates to be rewarded by them.  I'll ask you the same question though as I stated above: would it be better if I switched to a 50% pool and stopped all contributions besides taking part in a little Lisk chat as some of these pools are doing? or do you like my robinhood idea?  Either of those would be much easier for me.  You can have your percentage and I can just sell my percentage and not do anything else.

No one is questioning those pools' contributions to lisk because people only see the share percentage.  However, most of them has stated no other intention to do anything with the lisk they keep except sell it.  Instead people are attacking delegates that are contributing to the Lisk system, donating to worthy causes, and putting in a lot of time.

Edit: I forgot to say too that even HQ has stated in the past that delegates are there to fund worthy projects.  So we shouldn't be making giant pools that just ends up rewarding investors.  Delegates are supposed to be making donations and many of the people lists to be unvoted do donate to projects.  I just donated to 5an1ty a few thousand dollars worth of lisk last week for all of his work on Docker for Lisk

Anyone has any idea why lisk volume is being dropped so hard?
I remember lisk had about 2000BTC volume on poloniex and now it only has about 200btc, seems like something is going.
But then I checked most of the other alts and I found out that all alts have a really low volume.
Probably is about the bitcoin price being surging high and low.

Notable contributions to the LISK network should be rewarded by the LISK team imho. Otherwise only delegates would be interested in doing anything for LISK and we have to think about much bigger audience here.

Hey vlom!
I think if you want to change something its never too late
And beeing here and sharing 25% and many other donations twards lisk awearnes projects(6k+Lisk) for more than a year, it is something to be considered in my opinion.
And I also think that I give a nice return comparred to other active delegates and I also did donate to good lisk projects more than the average active delegate! I can add here that I am holding a big % of forged lisk(more than 70%) and not dumping every month, every week, like other active pools and delegates do.
My voters will get a nice double reward starting this week forward and I want to thank all ppl who are voting me!
Have a splendid day!

You're only looking at one method to give back to voters.  What if my Android App increases the value of Lisk?  or what would have happened to the value if network was down for longer after past bugs because gr33ndrag0n didn't have his great snapshots available to every delegate?
By voting for contributing delegates, you are getting a return on your vote by the extra value we give Lisk.

A better question is what have the pools done to earn the 10%-50% that they keep for themselves?  Would you rather I switched to a 50% pool and stopped all my contributions to Lisk?  That would be easier for me  

Edit: Or better yet, I can pull a robinhood (btw, I respect liber for his strategy here ).  I can make another delegate that gives 80% if you vote for it and 110% if you vote for it and me  I'll put a cap at 50k to help smaller voters and provide a one time reimbursement to voters holding 100-2000LSK of 1LSK for their vote, so that doesn't take away from their profits.  That way you get your nice pool payments and I keep 90% for providing that delegate for you    that's one of the best deals out there for pool payments

Totally agree with you. All delegates should share at least 1/4th of their earnings to voters. The community should unvote these greeady delegates and should vote for other standby delegates who are willing to share more. Only the community can rectify the current situation.

I respect your occasional contributions to the community but don't be too greedy. Voters don't vote for free. They need to buy and hold LSK to vote for you. It comes at a cost in USD and huge opportunity cost. You earn a lot from your delegate. If it is considered your monthly salary, think about it. Is it too high? And think about voters who pay you

>> Edit: Are you friends with techbytes?

No. I follow money like everyone here. Techbytes shares 90% profit. He definitely has my vote

I dont see the byteball distribution happening to LISK addresses. But being said that, did Max decide what to do with the byteballs he recieved for the ICO funds?