Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1972. (Read 3074209 times)

he is a well known Crypti team member if I remember correctly.

So most people already know he is legit.

No reason to publish your passport lol.

 that's the spirit. i want to see his identity verified. passport upload.

That privileges gives delegate and node install?

The only reason of forging/delegate is running/securing the network. The rewards are just an incentive to do so. And the voters should vote for good delegates to secure the network (to protect their valuable coins). Distributing the forging rewards to the voters is IMHO more like "buying votes". Distributing forging rewards to dapp development and marketing is better IMHO.

maybe it gets a little bit misunderstood.

But when you vote for someone who shares te forging rewards means that he also has to have a lot of uptime with his node, thus securing the network.

So basically in my eyes by getting forge rewards you also vote for someone who secures the network.

So a win/win for both parties.

But indeed people choose on who they vote so someone who shares the rewards has to get enough to become top 101.

You can change your votes as often as you want (well, max every 17min), but it costs a fee every time you do so.

It would be nice if there was a way to "vote" rewards to Nodes after each month or quarter and also options to Remove delegates when the liskers think their not adding enough value.
So a much smaller flat payment for being a delegate and then options to reward delegates that we deem added a lot of value.

That the problem you cant see what they own who!

So as i see it there are 2 options;

1..You allow there Ico, you give them the coins they can give it to there people (but hey they didnt allow withdraws so why would they now) and there is a possibility that they even will dump all coins, cause i doubt they really care look how they handle there people.

2..You give them back there Xcr and make a statement why and that Lisk doesnt want to be assosiated with anything like this.

both have there advantage and disadventage

Well, they've felt no sense of urgency in resolving the many, longstanding withdrawal issues they have from owner's of other coins.

If you send them the Lisk they will steal it.

Can we think of a way to reimburse the customers ripped-off by Bter without using Bter themselves?

It would be good for Lisk to be seen to try to help ripped-off users, it would be bad for Lisk to be seen enabling a scam by the crook Lin.

i doubt if i would sell at 1 million satoshi or not

No im not

Where's the "CHOOO CHOOO MOTHERFUCKERS"  train?
Warm up its engine

Really and thats why Bter is full of (lets not say bad words here ***) They should just be removed from the ICO and asked to never
ever add Lisk to there exchange.

Save a lot of people there money.

Response to Bter.com

https://blog.crypti.me/response-to-bter-claims/

Let me just make a few general comments and observations.  

Lots of people are talking about becoming delegates.  This is good.  

Many of these are saying (in one way or another), "Vote for me and I will give you a cut of the rewards" or "I won't vote for anybody that doesn't give me a cut of forging rewards".  This is bad.

The first job of a Lisk Active Delegate is SECURE THE LISK BLOCKCHAIN.  Not make money for themselves.  Not make money for others.  SECURE THE LISK BLOCKCHAIN.

I'm no different from anybody else.  You offer me money, I'll take it, and I'll take it if I am voted to be an Active Delegate.  But I argued early on with Max that offering forging rewards in Lisk was a mistake.  I finally shut up because Lisk is his coin and not mine, and I have been known to be wrong occasionally.  

Crypti is a pure non-inflationary Proof of Stake (PoS) coin with Delegated Proof of Stake (DPoS) voting.

Lisk is an inflationary Proof of Work (PoW) coin with Delegated Proof of Stake With Forging Rewards (DPoSWFR) voting.  

DPoSWFR has the single advantage of offering a motivation for somebody to become an Active Delegate and put up a Lisk node.

DPoSWFR has several disadvantages.  DPoSWFR puts additional new votes and voting power directly and solely in the hands of the 101 Delegates who need votes to stay in their position of power (oligarchy).  DPoSWFR motivates the creation by one individual of multiple declared or even covert sock-puppet accounts to receive multiple rewards (monopoly / crime), at the expense of Lisk node decentralization.  DPoSWFR encourages a "miner-get-rich-quick" mentality (greed) that detracts from and even subverts the delegate prime directive of SECURE THE LISK BLOCKCHAIN.  And DPoSWFR creates a motivational gap between Active Delegates running nodes for 150K Crypti in Year One, and Standby Delegates running nodes for no reward at all (income disparity).

People tend to think of Crypti as a "loser".  In fact Crypti had many successes and things to admire.  These include being a non-inflationary coin; the development of sidechains / dapps by Version 0.5.5; and finally, making true strides towards being a DPoS system with altruistic, unpaid delegates who did their job with no forging rewards.  I have a whole side post I believe is worth reading on this topic, "The Truth About Delegates" :

https://bitcointalksearch.org/topic/m.13832600  

The cost of running 1 or even 101 DPoS cloud VPS or Raspberry Pi 2 Lisk nodes is negligible overhead in today's world, both for individuals who believe in Lisk enough to run a single node, and for the upcoming Lisk billion-dollar financial / sidechain-dapp ecosystem that could pay for running all 101 of them.  

This fact is the key to getting away from Bitcoin and Ethereum mining farms, whether ASIC or GPU based. This fact is the key to the future.  

I still think altruistic unpaid delegates would have been the best path for Lisk, however long it would take to find them.   Instead, we have greedy paid delegates.  

So be it.  But never forget this system is a choice, and alternatives exist.

And also never forget, the delegate prime directive is SECURE THE LISK BLOCKCHAIN.  Not "make money".

Meh... you guys got over 5 mil just build your own lisk exchange. People create them on 1/500th of that amount.

who in his right mind would use BTER? Withdraws are not wokring from months, everyone should stay away from bter.

They even played a good part in the Bitbay ICO fund scam.

Maybe Lin wants to reply on that?

They are a mobster exchange.

Their captcha system is broken so hackers can even bash peoples account.

Stay away from BTER.

This is bullshit. Bter is bullshit.

I have 70 odd UNITY on Bter which I have been trying to withdraw for over a month. It's gone missing and I haven't had a single reply to any of the dozens of support tickets and emails I've sent them.

It's not just me, others have problems getting their QORA, XMR and other coins out.

We're supposed to believe that Bter has it's customer's best interests at heart and is working over time on their behalf when they can't/won't even sort out tiny withdrawal problems for weeks at a time?

Fuck them, don't let them anywhere near Lisk. They are crooks, thieves, charlatans, liars.

Fuck them, fuck them, fuck them.... do I make myself clear?

http://themerkle.com/bter-struggles-with-certain-withdrawals/

Keep the articles coming

You even can become an active delegate on your own test network if you login to the genesis account, vote with it for your test node and deselect some of the genesisDelegates.