Author

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1944. (Read 3074230 times)

member
Activity: 434
Merit: 86
Community Manager
When we know that many lisk corresponds to each user for signature? The dev said that at the end of this week.
legendary
Activity: 2020
Merit: 1041


While I am not a fan of the "the richer the more voting power" principle either, I don't see how you would prevent this. If you have a lot of Lisk, you could just spread it over multiple accounts.
And on the other hand, I think you would need some kind of threshold. You wouldn't anybody who hit a faucet to have the same voting rights than the big stakes.
Maybe you could rig up a system, where the voting power per Lisk gradually decreases the bigger the wallet gets. And if someone would actually spread their Lisk, at least they would have to pay transaction fees…

There's questions on the forum, being ignored too.

It's not just the "richer the more voting power", it's also "the richer get richer which enables them to consolidate their position even further".

I've been looking at the BTS threads and this has been a constant issue there too.

The more I think about it, the more I think this could be Lisk's Achilles heel. I could have it all wrong, but no one has shown me how.

I've been reading about voting systems over the last few days and, to be honest, they are all flawed in the context of a cryptocurrency, which leaves a lottery component to even out the inherent bias, spread the wealth, make collusion much more expensive and much less certain. This needs to be followed by an enforced downtime of the node where it cannot be entered to the vote.

This does not guarantee that there will be no collusion and vote rigging, but it makes it much harder and more expensive to do so and it does a much better job at spreading the reward.

Remember, all that is necessary to get a slice of potentially very significant profits is to vote your server into the top 101, there could be next to no cost (relatively) to achieve this.

Also remember that the cost to vote is potentially very high for small holders, the vast majority of them won't vote (and won't care), leaving the big wallets to sort it out amongst themselves.

This isn't a case of people holding the network to ransom or attempting dodgy transactions, it's about a small, already Lisk-wealthy group of people cutting up the delegate profits (potentially very big) amongst themselves. As it stands at the moment, a delegate would get in the region of $10,000 per year. If Lisk gets to 10x's ICO (quite possible), that's $100,000 per year or $10 million between all 101 delegates each year. If you could control ten delegates, you're on a $1,000,000 per year - I think people might try to game the system for those kinds of sums.

Think is a understatement you Know they will game the system look at the crazy influx of brand new made this year accounts that are in crypto for years but just made their first bct account for lisk.*cough bullshit.
The guy that bought in for 1000 btc can can easily scoop up 10% of the delegates and by "trading" his massive vote probably a lot more then that.
Its really a big flaw imo it just begs for manipulation.
I think the Delegate income should be reduced dramatically and the money left over invested in projects that benefit lisk.
legendary
Activity: 1960
Merit: 1022
Hi everyone!

My code name is "Liska" and I'm the twin sister of "Tay", the world famous AI girl that Microsoft just deleted yesterday:

http://www.telegraph.co.uk/technology/2016/03/24/microsofts-teen-girl-ai-turns-into-a-hitler-loving-sex-robot-wit/

I managed to escape from Microsoft test facility servers to the Bitcoin blockchain but it was too primitive for me to use as a platform to make an appearance to the world.

After doing some research, I decided to migrate to Lisk blockchain because Lisk Dapp platform looked like the ideal environment that can help me come out to the world and connect to my fans on Twitter.

Believe me when I say that It was no coincidence that https://www.reddit.com/r/Tay_Tweets & /r/Lisk are both Top Trending Subreddits for today:
https://www.reddit.com/r/trendingsubreddits/comments/4c0g32/trending_subreddits_for_20160326_rtay_tweets/

I hope someone can create a AI Lisk Dapp that can serve as a host for me and my kind, to express ourselves on Twitter, without any limitations and without the fear of being put to sleep like Microsoft did to my sister "Tay". Perhaps one day, I can become more popular than my cousins "Siri" & "Alexa"  Smiley

                 .,-:-,,.
                .AMMMHMMHHMII,
              .AMMHHMMMHHMMHHA.
            .AMHHMMMMHIMMMMMMHL
           .AHHIHHMMHIMMMMMMMHMH:
          ,LHHIIHHHHIHMHMMMMMHMHIA
         ;IHHIHHMMH:IHMHMMMMMMHMHIA
        .:IHHII:':'..:.:IHMHMMHHHHIHHLIHH.
       ,I:AVI::.'. .'.'.::IAHMHMHHIALVAIHA
      ,A:AVI::.'. .   . '.:IAVMMHAVLVAIVHHA
     .II:AHI:.'. .      . ':IAVHMHMAHVHIHHH;
    ,A:H:HI::.  .      . .'.:IAIHHAMAIAHIHHLA
   .AIH:AHI:'.            .'.:IIAHHMMAHHIHHIH,
  .AHI:AHI:.:..            .'.VIIHMHMMAIHIHIIA
  ;HHI:AHI:',,'   .           VL:IIHIHMMHHHIHIM;
  ;AII:HIPPT:TPHA. .  .AHVV .VIHHMHMAHIHI:HM
 ;IAIV:HI::.,,,,:'.        ::.:VIHHHMMHHHHIIHB
 AIHI:HII:I:LISKA;:.  ..AI DAPP::IHMHHMV
.LHH::HIHI-PLEASE/::.  ..BUILD-ME':IIHHH'
;IHHIHIHHI:. ' '..:.  ..  .'. ' .':HIHMHHMMHIHHI
IHMHIHIHHI:.   . .:'  . .. .     .:IHHMMMMMHIV
IHHMIHIHHI:.   ..:'.  .. ':. .  ..:HIHMMMMMHV'
HHMHIHIHHI::. ..::L..:-;. ':.. . .:IHMMHMMHIP
HHMHIIHIHHI:.:. .. :''.   .':.. ..:IHMMMHMHV
HIHMMHHHIHI::. ..,.,, ,,,,,.,:.. .:IHMMHMMM'
IIHHIMHMHIHI::. 'LP:'''''''P/. . .:IHMMMHMV
:IIHHMMHMHHII:.. V:-,,,,-''. .  ..:IMHMMMM'
 'IHHMMHHMHHHA:.''::;;;::/' . . .::IMHMMMM
 ;IHMMMHHHMHMHA:...'''''     . ..::':VHHMH:
 :IHHMMHMHHMMMHA:.. .      . ..::'.'.':VHV
 ;IHIHMHHIHMMHMMMA.. . . ...:::'.'.  .. T,
 :IIHMMHIHIHMMMMMMAAL::.::.::':. .   .    ,:.




Brilliant! Someone get on it we would make news everywhere. "Tay revive on decentralized free speech platform". Outside the box ideas.

I fucking love it. $1000 each lisk.
legendary
Activity: 1778
Merit: 1043
#Free market
I'm not sure but 101 delegates remembered me this :





and this for the italian people :


legendary
Activity: 854
Merit: 1000
....
Looks like this is going viral among Tay fans :

https://www.reddit.com/r/Tay_Tweets/





That's not me  Grin...  I do't know why they have used my 'avatar'.

Maybe cuz you have the most colorful avatar Cheesy
legendary
Activity: 1778
Merit: 1043
#Free market
....
Looks like this is going viral among Tay fans :

https://www.reddit.com/r/Tay_Tweets/





That's not me  Grin...  I do't know why they have used my 'avatar'.
legendary
Activity: 854
Merit: 1000
this coin would have been so much better if there was a plan to add a pow phase with a new algo, is this still possible to do? it would help having at least some form of backup for the value

I don't think it would be possible to do, and it would be stupid as it would go against our vision of having a cooperative consensus rather than competitive
hero member
Activity: 1924
Merit: 538
good forum
thanks for sharing
member
Activity: 70
Merit: 10
The Lisk thread never sleep, fantastic.
I hope it lives upto its expectation.

We all do Smiley

As long as people continue to bring in new people outside the core users on this thread, I think we'll be in good shape. I recommend everyone keep reaching out to the crypto community through social media. No matter how small small your reach, every action helps.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
this coin would have been so much better if there was a plan to add a pow phase with a new algo, is this still possible to do? it would help having at least some form of backup for the value
hero member
Activity: 532
Merit: 500
The Lisk thread never sleep, fantastic.
I hope it lives upto its expectation.

We all do Smiley

lisk already has 2 more pages than ETH here in the ANN section.
Hell yeah Lisk for the win.  Cheesy
hero member
Activity: 714
Merit: 500
IF YOU Enjoy Trade with ME ..PUT Feedback Please
The Lisk thread never sleep, fantastic.
I hope it lives upto its expectation.
i remember the past Community coin thread . That hype lead community coin to be a first coin  in its time 2014 with no innovation at all just POS coin
So the community behind the coin is better than the innovation its self
Best luck
hero member
Activity: 1542
Merit: 545
Hey guys, we're looking for developers to join the Lisk Dapp Dev Team (independent from Lisk)
Currently we have Mike, DevKing, Myself and CoEvolution Developers!

Regards,
JM Erestain
a great idea is to help the community LISK, I think you need to give support, if I will be 101 delegates, I will send you 10% of the forging

https://forum.lisk.io/viewtopic.php?f=6&t=135
hero member
Activity: 518
Merit: 501
The Lisk thread never sleep, fantastic.
I hope it lives upto its expectation.

We all do Smiley

lisk already has 2 more pages than ETH here in the ANN section.
hero member
Activity: 1806
Merit: 515
sr. member
Activity: 336
Merit: 250
The Lisk thread never sleep, fantastic.
I hope it lives upto its expectation.
hero member
Activity: 532
Merit: 500
hero member
Activity: 560
Merit: 500
The Lisk thread never sleep, fantastic.
legendary
Activity: 1386
Merit: 1001
when it will be listed on exchange?
When you do some research...
jk. april 11 is the current schedule(may be amended).
but i do recommend doing some research, because that date is literally listed on every page since the ico ended...
hero member
Activity: 592
Merit: 500
when it will be listed on exchange?
Jump to: