Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1800. (Read 3074324 times)

Sure It will rent for 25 Lisk per day..LOL

Can I stay at your lisk house when you're not there?

shut the beep up:


Time for a reality check, so here it is.  

At launch there will be 101 Active Delegates selected to forge Lisk on the mainnet.

These Active Delegates will be rewarded with 5 Lisk every 17 minutes in Year One, for 150K Lisk.  

All other Standby Delegates get zero Lisk for running a Standby Node.

Check out this spreadsheet of mine, which can be edited by anybody:

https://docs.google.com/spreadsheets/d/1bs7njoJwBTO31H2GJoWopNKKpAtggixsbZZiSIxQkRk/edit?usp=sharing
  
As I write this there are 85 people forging as Active Delegates in the testnet, as seen in the "Top 101" tab.

These are the only 85 people in the world who have proven they can run a Lisk node.  

Who do you think is going to be picked to be Active Delegates on the mainnet and make 150K Lisk in Year One?

There are 16 "sock puppet" nodes being run as second nodes by some of these 85 people.  These sock puppet nodes are in deep red.

In the next few days before launch, these sock puppets are going to be replaced by 16 Standby Delegates who will be promoted to testnet Active Delegate.

With their experience, these 16 new Active Delegates are probably going to make 150K Lisk in Year One on the mainnet.

Check out the "Standby Delegates" tab in the spreadsheet.  As I write this, there are over 600+ Lisk testnet Standby Delegates.

If you REALLY want to "stand out" be picked as one of the top 16 from this pool of 600+, you need to do the following:

1. Read this: https://academy.lisk.io/lisk-setting-up-a-delegate-on-the-public-test-network-login-lisk-io-f53ae6d029ea#.a63weoqm6
2. Do it.
3. Find (or add) your name in the Standby Delegate tab of the above spreadsheet.
2. Fill out the information requested.

In 48 hours, and frequently thereafter, I will start sorting Standby Delegates who respond to the top of this spreadsheet so they may stand out from the crowd.

May the best of the 600+ Standby Delegates be selected for the remaining 16 testne

I don't think anyone would mind a lower inflation rate as it only dilutes their shares without it being needed to maintain security. In addition, the rates in the years after could be adjusted to reach the same average inflation.

Based on Yobit trades, you think it is too soon to start looking at a Lake House???

Based on Yobit trades, you think it is too soon to start looking at a Lake House???

Well I for one know that I will either donate a large chunk of my delegate earnings for DAPP development of others or maybe fund a few DAPPs of my own (I have been thinking about this more and more since I don't like to rely on others for development ).

I don't think though that pools are a good idea as that could centralize the system too much...

True, this (and really all figures, and a bunch of other stuff) were set expecting a much lower initial market cap.
So from this standpoint block rewards could and should be adjusted along with fees.
But on the other side, it would be a serious one sided modification of ICO terms. People invested (pardon, donated) money expecting 15% inflation in the first year. Changing this is more than a little dicey. I don't think they could or should do that.

Imo, the rates should be looked at again. Especially with the high valuation in the ico and the potential huge premium over ico price in the coming months, the 5 Lisk is way too much.

Yeah, but this is because of the price of LISK. For example if there would be a shitcoin with 1 litoshi price, nobody would say that it's uber-inflatory.

So around 95% claimed and around 80% claimed and validated.

I understand, and that is why im in favor of pool delegates and profit sharing delegates.

Imo, the rates should be looked at again. Especially with the high valuation in the ico and the potential huge premium over ico price in the coming months, the 5 Lisk is way too much.

At ico price it already means 15k USD per year per delegate, if it increases to 1 USD that's 150,000 USD per delegate the first year. Insane.

Yeah, but this is because of the price of LISK. For example if there would be a shitcoin with 1 litoshi price, nobody would say that it's uber-inflatory.

I understand, and that is why im in favor of pool delegates and profit sharing delegates.

Imo, the rates should be looked at again. Especially with the high valuation in the ico and the potential huge premium over ico price in the coming months, the 5 Lisk is way too much.

At ico price it already means 15k USD per year per delegate, if it increases to 1 USD that's 150,000 USD per delegate the first year. Insane.

I have often stated my preference for Lisk to be a zero inflation coin like Crypi.  However, if there is money on the table, I want my share.

The real reality check should be that 150k Lisk per delegate per year is way too much...Also, I don't expect this list to be representative for the main net. Most people will (rightfully with these insane rewards) vote for profit sharing delgates.

Have u miss the ICO?
I'm sorry for you m8! :*(