Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1957. (Read 3074230 times)

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I think you certainly have a chance To get elected with your background and machine setup. This is the core what delegate should provide and it might be enough at the beginning but in the long run people who are adding k value beside taking care about the node will be elected. There are  many ways to do so.. There is no need to have best hardware to run a node, but I doubt that anyone with regular desktop gonna be voted

Please post on https://forum.lisk.io,  there is a section for delegates there where we can have all candidates in one place,  and later they can update what they are doing for Lisk. You can count on my vote

It's Friday night and the thread still is significantly active, it is an active community 

Lisk managed to get a good amount of people from the crowsale. Let's see how this plays out.

Lisk has a huge fund for developing, Crypti - no. It's a point.

51% is not enough to elect 101 active delegate.
And I don't see any financial reason for this.

Where will Lisk trade first?

"Another method Ethereum is going to implement is sharding. This means splitting a huge database into a network of smaller ones. (The diagram showing what it will look like can be downloaded together with Buterin’s presentation.) The process will include several stages. After the initial basic sharding (which will result in the implementation of Ethereum 2.0) Ethereum 3.0 will be developed – a blockchain system that will be capable of infinite sharding."

Sounds like much release hype and many pump

I am all in for LISK!

This article is interesting since there is no proof but just claims made my the Ethereum founder.
I am still waiting on how they plan on implementing POS after a cryptocurrency has been created.
I believe this is the true definition of vaporware.
What does the amazing LISK community feel about this.
I can't wait until April 11th btw!!!!
GO LISK GO!!!!

http://www.coinfox.info/news/5171-ethereum-founder-now-we-can-scale-the-system

Finally someone targets the #1 TOP PRIORITY which is Making Dapps.

@LiskHQ pointed multiple times that current Dapp documentation is still not suitable for common JavaScript developers.

They need to fix that documentation ASAP, otherwise JavaScript developers won't bother making Dapps.

its good cuz you cant buy in now as the funding is closed until the coin launches and hits exchanges.
also by the time everything is solidified and the value is known will be to late to make a risk and invest.
its fine if this is to risky for you, it wasnt to risky for 5.7 million dollars worth of investors which at the end of the day doesnt mean this coin goes to .02btc/lisk (like mentioned above) or zero (as also likely mentioned previously)

Yeah, this keeps being brought up and I haven't seen an official response from the team yet. Could we get one, please? Or did I miss it? It's kind of ridiculous and does not reflect well on the team if you guys won't respond to this fundamental and very critical question. So, devs, please chime in or point us to where you have answered this previously.

He wouldn't need to purchase 51%, it could be done with a lot less. On top of that, it would have a self-reinforcing quality to it in that the more Lisk he gains from the node, the more Lisk can be put into voting for himself the next time. In a "perfect storm" scenario, where voter numbers, potential delegates and the price of Lisk intersect in the right way, a small group of people could have an overwhelming influence on the vote outcome.

This wouldn't necessarily be such a problem if every Lisk holder participated in the vote, but we know this won't happen and the vote will be decided by a very small demographic of Lisk holders, as happens in practically every other voting system.

Bitcoin is having problems with cabals and centralisation as I write this and it would be naive to think that Lisk couldn't have similar problems in the future, especially once the market cap hits a respectable figure and temptation proves too much - someone will try something.

It can already be seen here - the temptation is proving too much after some "out of the ass" figures have been bandied about. I would be concerned about some (by no means all) of the prospective delegates motives - they've shown no interest in Lisk until now and I doubt their intentions of securing the network over profit - at the first disappointment they and their nodes will be gone.

I write this based on my understanding of how Lisk will work. I may have missed something or just be plain wrong.... I'm open to education.

Here's a link regarding Bitshares which is using the same system. It explains my thoughts more clearly and also describes an interesting potential DDoS attack on delegates.

http://tpbit.blogspot.co.uk/2014/08/thoughts-on-delegated-proof-of-stake.html

I agree that this is, at the moment, largely theoretical, but I see no harm in discussing it now.

nice, 300+ pages and coin isn't even released yet haha. 

I agree that must be brought a defined and consistent working plan for the customers. I think that's one of the things that is making more noise in this thread.

for such a big project with such high investments i dont think theres quite a lot of info about where this coin is going, id like to invest but  its looks like a lot of hype.

Ok, this is just an idea, it's a little out there, but here it goes:
What if we would use the delegates as an approval system for dapps? I do not necessarily mean that literally, but maybe you could use it as a system to create trust and reputation. As far as I understood, you can't really exclude bad dapps at the moment, so you could create a trust system, where members of the community who have enough reputation to run as delegates, can give their approval (or not…). How exactly a delegate gets to the conclusion, whether or not he_she gives approval would be up to them, so making the people who voted for you vote for the approval would be an option, or having experts at hand for example…

I'm not sure what to make of this idea myself, I thought, I just put it out there…


EDIT: there is a price speculation thread, care to take it there?
https://bitcointalksearch.org/topic/lisk-price-speculation-1386914

And just for that the price got 1 dollar higher 

1 Lisk= $2 USD at launch. 

Let's say at some point anybody succeded purchasing 51% of the total circulating Lisk, how you prevent that person to vote his own 101 "friends" and therefore take control over Lisk making it centralized ?