Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1879. (Read 3074324 times)

Oh, good, I can skip the next 10 pages. Whining whiners and FUDsters are incoming.
Delay, because ppl are lazy? SCAM!

Official Lisk Mainnet Launch - End of April

Up until today, we had estimated an official launch of the Lisk platform for April 11th, 2016. Unfortunately, there have been setbacks concerning the generation and validation of keys, associated with each ICO exchange. Consequently, we have decided to delay the official launch to the end of April, the worst case scenario being early May.

The delayed launch will not be in vain; not only will it provide the community enough time to generate and validate their keys, we will also implement important security features into the platform.


Passphrase Validation

As of today, 87% of all ICO participants have generated their keys and claimed their passphrases, while only 44% have validated them. The validated passphrases percentile provides the team a degree of certainty that ICO participants have saved the correct passphrases. We need this as high as possible to follow through with the official launch. Current status:

- 13% not claimed passphrases: ~1,800 BTC or $750,000
- 56% not validated passphrases: ~7,840 BTC or $3,292,800

At the present time we would have to escrow over $750,000 in LISK, while having the uncertainty of potentially $3,300,000 in incorrectly recorded keys. We feel these numbers need to be reduced.

Starting this week, we will send out emails to all users who have not yet generated or validated their passphrases.

- How to Generate your Lisk ICO Passphrase
- Verifying your ICO Generated Passphrases

Paving the way for a bright future

After discussions with individual community members and advisors, we have decided to deviate from our current pre-launch roadmap, and focus towards improving the security first. The updated pre-launch roadmap will be available this week, and will include the plans for building a modular crypto-currency, the implementation of mnemonic checksums, updated fees and much more.

Modular Crypto-Currency

Lisk is poised to become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network as Decentralized Applications (Dapps). This not only makes single features optional, it also keeps the Lisk mainchain streamlined in comparison to other crypto-currencies.

Mnemonic Checksum

Crypto-currency brain wallets have a history of problems concerning users choosing too simple passphrases for their accounts. It’s important to understand that the passphrase represents the private key of your account. Therefore, we integrate mnemonic checksumming of passphrases that conforms to BIP39, forcing users to generate highly secure passphrases directly inside our client (12 words like: all spike short ill claim field credit doctor paddle appear price music).

Responsive Design

Lisk community members are already working on mobile clients for Android and iOS. If you want to access your Lisk account inside your smartphone browser you are able to do so right at launch - thanks to our responsive design.

Updated Fees

We feel the current fees are a bit on the expensive side. Prior to the official launch we will adjust the fees accordingly to make them accessible and affordable to the community. Conversely, we also believe that fees should have an impact to discourage name squatting and low quality delegates or decentralized applications. For this reason, we are evaluating the current fees associated with delegate and dapp registrations.

In summary, we strengthen the stability and security of the network while the community completes their validations, and hopefully officially launch by the end of April. These are very exciting times, and we are as excited as everyone to experience the next technological revolution. Thanks for the support on testing the public network, you will soon have another version to play with.

Kind regards,

Max, Oliver & Joel

Official Lisk Mainnet Launch - End of April

Up until today, we had estimated an official launch of the Lisk platform for April 11th, 2016. Unfortunately, there have been setbacks concerning the generation and validation of keys, associated with each ICO exchange. Consequently, we have decided to delay the official launch to the end of April, the worst case scenario being early May.

The delayed launch will not be in vain; not only will it provide the community enough time to generate and validate their keys, we will also implement important security features into the platform.


Passphrase Validation

As of today, 87% of all ICO participants have generated their keys and claimed their passphrases, while only 44% have validated them. The validated passphrases percentile provides the team a degree of certainty that ICO participants have saved the correct passphrases. We need this as high as possible to follow through with the official launch. Current status:

- 13% not claimed passphrases: ~1,800 BTC or $750,000
- 56% not validated passphrases: ~7,840 BTC or $3,292,800

At the present time we would have to escrow over $750,000 in LISK, while having the uncertainty of potentially $3,300,000 in incorrectly recorded keys. We feel these numbers need to be reduced.

Starting this week, we will send out emails to all users who have not yet generated or validated their passphrases.

- How to Generate your Lisk ICO Passphrase
- Verifying your ICO Generated Passphrases

Paving the way for a bright future

After discussions with individual community members and advisors, we have decided to deviate from our current pre-launch roadmap, and focus towards improving the security first. The updated pre-launch roadmap will be available this week, and will include the plans for building a modular crypto-currency, the implementation of mnemonic checksums, updated fees and much more.

Modular Crypto-Currency

Lisk is poised to become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network as Decentralized Applications (Dapps). This not only makes single features optional, it also keeps the Lisk mainchain streamlined in comparison to other crypto-currencies.

Mnemonic Checksum

Crypto-currency brain wallets have a history of problems concerning users choosing too simple passphrases for their accounts. It’s important to understand that the passphrase represents the private key of your account. Therefore, we integrate mnemonic checksumming of passphrases that conforms to BIP39, forcing users to generate highly secure passphrases directly inside our client (12 words like: all spike short ill claim field credit doctor paddle appear price music).

Responsive Design

Lisk community members are already working on mobile clients for Android and iOS. If you want to access your Lisk account inside your smartphone browser you are able to do so right at launch - thanks to our responsive design.

Updated Fees

We feel the current fees are a bit on the expensive side. Prior to the official launch we will adjust the fees accordingly to make them accessible and affordable to the community. Conversely, we also believe that fees should have an impact to discourage name squatting and low quality delegates or decentralized applications. For this reason, we are evaluating the current fees associated with delegate and dapp registrations.

In summary, we strengthen the stability and security of the network while the community completes their validations, and hopefully officially launch by the end of April. These are very exciting times, and we are as excited as everyone to experience the next technological revolution. Thanks for the support on testing the public network, you will soon have another version to play with.

Kind regards,

Max, Oliver & Joel

Official Lisk Mainnet Launch - End of April

Up until today, we had estimated an official launch of the Lisk platform for April 11th, 2016. Unfortunately, there have been setbacks concerning the generation and validation of keys, associated with each ICO exchange. Consequently, we have decided to delay the official launch to the end of April, the worst case scenario being early May.

The delayed launch will not be in vain; not only will it provide the community enough time to generate and validate their keys, we will also implement important security features into the platform.


Passphrase Validation

As of today, 87% of all ICO participants have generated their keys and claimed their passphrases, while only 44% have validated them. The validated passphrases percentile provides the team a degree of certainty that ICO participants have saved the correct passphrases. We need this as high as possible to follow through with the official launch. Current status:

- 13% not claimed passphrases: ~1,800 BTC or $750,000
- 56% not validated passphrases: ~7,840 BTC or $3,292,800

At the present time we would have to escrow over $750,000 in LISK, while having the uncertainty of potentially $3,300,000 in incorrectly recorded keys. We feel these numbers need to be reduced.

Starting this week, we will send out emails to all users who have not yet generated or validated their passphrases.

- How to Generate your Lisk ICO Passphrase
- Verifying your ICO Generated Passphrases

Paving the way for a bright future

After discussions with individual community members and advisors, we have decided to deviate from our current pre-launch roadmap, and focus towards improving the security first. The updated pre-launch roadmap will be available this week, and will include the plans for building a modular crypto-currency, the implementation of mnemonic checksums, updated fees and much more.

Modular Crypto-Currency

Lisk is poised to become the first truly modular crypto-currency by utilizing sidechains as a solution to scalability. Lisk sidechains allow us to implement various features into the Lisk main network as Decentralized Applications (Dapps). This not only makes single features optional, it also keeps the Lisk mainchain streamlined in comparison to other crypto-currencies.

Mnemonic Checksum

Crypto-currency brain wallets have a history of problems concerning users choosing too simple passphrases for their accounts. It’s important to understand that the passphrase represents the private key of your account. Therefore, we integrate mnemonic checksumming of passphrases that conforms to BIP39, forcing users to generate highly secure passphrases directly inside our client (12 words like: all spike short ill claim field credit doctor paddle appear price music).

Responsive Design

Lisk community members are already working on mobile clients for Android and iOS. If you want to access your Lisk account inside your smartphone browser you are able to do so right at launch - thanks to our responsive design.

Updated Fees

We feel the current fees are a bit on the expensive side. Prior to the official launch we will adjust the fees accordingly to make them accessible and affordable to the community. Conversely, we also believe that fees should have an impact to discourage name squatting and low quality delegates or decentralized applications. For this reason, we are evaluating the current fees associated with delegate and dapp registrations.

In summary, we strengthen the stability and security of the network while the community completes their validations, and hopefully officially launch by the end of April. These are very exciting times, and we are as excited as everyone to experience the next technological revolution. Thanks for the support on testing the public network, you will soon have another version to play with.

Kind regards,

Max, Oliver & Joel

hmmm, your maths seem a little off...

15,000,000 1st year 15mil/101=148,514.8514851485 lisk per delegate

or you could do minutes in a day (which makes more since due to down and or uptimes)
1440 minutes in a day each node hits on average every 17 minutes so:
1440/17 = 84.70588235294118 times per day average each of the delegates hits a block.
84.70588235294118*5 = 423.5294117647059 Lisk per day, per delegate (average)
423.5294117647059*365 = 154,588.2352941176 Lisk for the first year (average).

it only goes down from there.
remember this is for a 100% uptime and perfect world delegate.

One week on the campaign equals one stake. So just get the total number of stakes out there and divide 200,000 by that.

Not sure about the numbers anymore, but even a 1 week stake should be a nice number of coins (more than 100), so with a price of 10 cents that is already 10 USD.

There is a testnet running you can install the wallet on there if you like and see how things work.

Looks really good and works perfect

my advice is to reduce awards delegates up to 3 coins per block first year, up to two coins in the second year and to 1 coins for all other years except inflation in the first year will be 39 %, which is first of all a lot, and secondly, each delegate receives in the first year more than 300K coins with less than 50K, you get a decent amount for the year, isn't it? although this is my opinion

The wallet has already appeared?