Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1935. (Read 3074324 times)

Ok, I did the math and apparently, I am stupid
As long as your voting power is evenly distributed, there is no difference between the two systems.
My bad.

It is.

But I'm sure a new influx of developers will start using the Lisk codebase to update Crypti to the same levels.
Probably they're already buying up XCR, why else did the price rise op from 1300 Satoshi's to what it is now?

Wrong. The amount raised is for Lisk development and not Crypti...

Alternative Lisk Logo Ideas on forum.lisk.io by cryptoartist

Don't hesitate to share ideas there

Thanks for the answers. Is much more clear to me now.

Wow, really nice start. This again is the thing - So many Javascript developers out there. And those looking to create a potentially money making dapp now have a platform out there in LISK in which to do so and do so VERY VERY quickly.

Are there any downfalls in Javascript instead of a proprietary language like Ethereum is using? I saw something about memory usage but I'm not familiar here.

ok, it's good, but what with the rewards per block for delegate? 5 Lisk is much more... see that

As stated before, in the scenario mentioned, Delegates1 and 2 both get 1,000,000,000 votes. Which I don't like, because I think it scales badly. In the scenario, HolderB is in absolute control over who gets elected and who doesn't. If they would have to spread out their votes, HolderA could at least vote for some Delegates…

Good questions, I am also interested  in answers from the dev.

As a non-technical LISK ICO holder I am struggling to understand the voting process.  I've read most of these posts and Section B in the handbook and it's not entirely clear.  In this thread I see a lot of confusion and questions.  Part of the confusion is that the term "vote" is overloaded - seems to define both a measure of support and the act of giving support to a max of 33 delegates.  Hence a "vote" can refer to both 0.00000001 Lisk and 1 Lisk.

It would be good if Section B was expanded to further explain
1) the process when a Lisk holder makes a vote (i.e. spends 1 Lisk) and how their holding affects the delegate approvals.
2) when do approvals change and when does the list of active delegates change
3) when and how uptime changes the active delegate rankings

In the meantime could someone kindly answer the following:  There are two LISK holders: HolderA (10 Lisk) and HolderB (200 Lisk) and 200 Delegates: Delegate1 ... Delegate200.  
1) Presumably if HolderA votes for only Delegate1 then Delegate1 gets 1,000,000,000 votes, however, if HolderA votes for Delegate1 and Delegate2 then they both only get 500,000,000 votes?
2) Presumably a holder can vote more than once a delegate round including withdrawing votes?
3) Where are the approvals stored? In the blockchain?
4) Presumably the block forger maintains the active delegate list?

to vote for 33 delegates in one go is ok. Thanks for clarification.

1. All fees will be changed before we launch.
2. All fees can be changed later on.
3. You can vote for 33 delegates in one go. That means voting for 101 delegates takes 4 votes minimum.

of course the price should change along the price changing. Or even pay for become a delegate could be expensive

Then the amount could be lowered.

And then to vote for 101 delegates ... if LISK let say will worth 0.02BTC will be 2.02BTC ... why someone will pay this amount?

Yes

to vote for someone to be a delegate, is needed to pay a fee 1 LISK?

after release, around May if i'm not wrong

signature campaign payments?