what is the latest on the BTER using customer funds to invest in ICO. seems to me those XCR should be sent back to BTER
anyone??
Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1976. (Read 3074209 times)
March 23, 2016, 11:29:20 PM
anyone??
March 23, 2016, 11:22:21 PM
what is the latest on the BTER using customer funds to invest in ICO. seems to me those XCR should be sent back to BTER
anyone??
March 23, 2016, 11:16:36 PM
what is the latest on the BTER using customer funds to invest in ICO. seems to me those XCR should be sent back to BTER
anyone??
March 23, 2016, 10:58:38 PM
copy thank you , and what about forguin , can we start already? i see in the wallet delegates to vote and in the blockchain there are people already getting paid.. is tesnet too?? i would like to join anyway to learn
yes, everything is testnet right now and will be reset soon and populated with the real lisk.
You can test out everything right now and learn before april 11th.
you can go here https://faucet.lisk.io/
and get some free testnet lisk to play with and learn.
How do you generate a fake test address to receive fake LISK right now? I tried before and it did not work; has it been fixed?!
March 23, 2016, 10:52:56 PM
March 23, 2016, 10:42:33 PM
so what are we waiting for?
March 23, 2016, 10:38:05 PM
I come to you my fellow Lisk users with a proposal as to how I, forum user JReag can increase the value of your Lisk should I be elected as a delegate.
If elected as a delegate member then i will do outreach to charitable organizations, providing steady donations of Lisk, helping them understand the platform, setting up their wallets, and helping them get a better grasp on the technology in any way they need.
My candidacy would thus be beneficial to you because the increased awareness of Lisk coupled with noble actions would lend better credibility to us as a collaborative and serious community.
60/40 - That's the Baseline.
Starting off, it would be my duty would be to insure that I never take more than 60% of the Lisk earned through my delegate seat for personal payouts. My reason for this is because I'm an AnCap who believes that, in order to earn value from others I must ALWAYS provide a service of equal or greater value.
I'll add the caveat that these amounts could change but only in the face of additional, personal polling of those who support me while I have also provided enough labor through networking, negotiation, and spreading of the Lisk infrastructure to warrant a higher payout.
Further details regarding to which charities or other beneficial organizations the Lisk earned by my delegate spot should be used will be handled in secondary polls via Lisk. All of the Lisk I earn through this 60% reserve will be donated to charities chosen by the community. (I will choose the charities in the -very- bizarre event that I get into the position but there's no community feedback as to where the funds should flow.
This approach creates a situation of the community fairly exchanging value. I turn most of my forged stake into additional value for both the community and myself while taking a reasonable payout. I'll keep everything transparent so that anyone could check how I've been spending the Lisk earned by my position. Such is my absolute duty.
If elected as a delegate member then i will do outreach to charitable organizations, providing steady donations of Lisk, helping them understand the platform, setting up their wallets, and helping them get a better grasp on the technology in any way they need.
My candidacy would thus be beneficial to you because the increased awareness of Lisk coupled with noble actions would lend better credibility to us as a collaborative and serious community.
60/40 - That's the Baseline.
Starting off, it would be my duty would be to insure that I never take more than 60% of the Lisk earned through my delegate seat for personal payouts. My reason for this is because I'm an AnCap who believes that, in order to earn value from others I must ALWAYS provide a service of equal or greater value.
I'll add the caveat that these amounts could change but only in the face of additional, personal polling of those who support me while I have also provided enough labor through networking, negotiation, and spreading of the Lisk infrastructure to warrant a higher payout.
Further details regarding to which charities or other beneficial organizations the Lisk earned by my delegate spot should be used will be handled in secondary polls via Lisk. All of the Lisk I earn through this 60% reserve will be donated to charities chosen by the community. (I will choose the charities in the -very- bizarre event that I get into the position but there's no community feedback as to where the funds should flow.
This approach creates a situation of the community fairly exchanging value. I turn most of my forged stake into additional value for both the community and myself while taking a reasonable payout. I'll keep everything transparent so that anyone could check how I've been spending the Lisk earned by my position. Such is my absolute duty.
March 23, 2016, 10:25:13 PM
what is the latest on the BTER using customer funds to invest in ICO. seems to me those XCR should be sent back to BTER
March 23, 2016, 10:01:50 PM
I was originally waiting until the Lisk launch to announce my delegate plans, but given the recent amount of discussion, I will do a pre-announcement now.
I will be seeking to run 3 delegates, all of which feature different forms of profit sharing with the voters.
The initial percentage I will keep will be the equivalent of 50% of one delegate, divided by the number of delegates voted into the top 101. If one of the three is voted into the top 101, my percentage is 50%, if two are voted in, my percentage is 25% of each, and for all three voted in the percentage will be 16.7% each.
As the value of Lisk changes in value denominated in gold, the percentage I retain will be adjusted, but never exceed the rates above. Any changes in the delegate reward structure from Lisk will also be factored into any rate changes.
The rate changes based on the change in value in Lisk will be adjusted so that when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
In the interim period until the voter profit sharing dapp (https://forum.lisk.io/viewtopic.php?f=8&t=27) or other software is availalbe, in the case of direct sharing of Lisk, I will hold the earnings in the delegate Lisk account for an initial distribution to voters based on their voting records stored on the Lisk Blockchain up to the time of the initial distribution. Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
I am keeping the names of the delegates quiet for now to try to avoid any would be name squatters from trying to register them first as delegates. Others planning to run delegates may want to consider this precaution as well.
I will also be offering services to set up and manage delegates for others. While the number of delegates is limited, setting up dapp clusters for the many different dapps which can be expected is a much larger potential market which will require a similar skill set.
Please keep me in mind for your votes, and I will reciprocate as well. Thanks.
Great, I support this initiative!I will be seeking to run 3 delegates, all of which feature different forms of profit sharing with the voters.
- A profit sharing delegate which makes payments of earned Lisk directly to votors
- A dapp seed funding delegate in which voters receive shares in a fund which owns shares or tokens of the dapps it funds
- A funding delegate for a dapp which is of such immense scale that it merits its own delegate, which also awards shares to its voters
The initial percentage I will keep will be the equivalent of 50% of one delegate, divided by the number of delegates voted into the top 101. If one of the three is voted into the top 101, my percentage is 50%, if two are voted in, my percentage is 25% of each, and for all three voted in the percentage will be 16.7% each.
As the value of Lisk changes in value denominated in gold, the percentage I retain will be adjusted, but never exceed the rates above. Any changes in the delegate reward structure from Lisk will also be factored into any rate changes.
The rate changes based on the change in value in Lisk will be adjusted so that when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
In the interim period until the voter profit sharing dapp (https://forum.lisk.io/viewtopic.php?f=8&t=27) or other software is availalbe, in the case of direct sharing of Lisk, I will hold the earnings in the delegate Lisk account for an initial distribution to voters based on their voting records stored on the Lisk Blockchain up to the time of the initial distribution. Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
I am keeping the names of the delegates quiet for now to try to avoid any would be name squatters from trying to register them first as delegates. Others planning to run delegates may want to consider this precaution as well.
I will also be offering services to set up and manage delegates for others. While the number of delegates is limited, setting up dapp clusters for the many different dapps which can be expected is a much larger potential market which will require a similar skill set.
Please keep me in mind for your votes, and I will reciprocate as well. Thanks.
I have two remarks though:
Quote
when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
I don't get that. Why not always keeping 50% and distributing the other 50%?It would be a large windfall for one person to keep with a large increase of Lisk value, so by halving the management fee as earnings quadruples, it still allows a nice rise in earnings for managing the fund while making things steadily more attractive to supporters. Also, I expect other delegates with similar voter rewards plans will offer increasingly lower fees as the value of Lisk increases. In the other direction, if Lisk management decides to change the delegate rewards program due to an increase in Lisk value, the delegate fund management fee could be adjusted back up in a likewise manner, but never to exceed the initial fee rate.
Quote
Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
Quote
Meaning every 17min? I think it is not worth to distribute the little you make every 17 minutes. I think it would be enough to distribute it every day or even every week?
A lot depends on how well automated the distribution is. Another factor is the flat .1 Lisk transaction fee, so it might indeed be advantageous to do the distributions once a day or even once a week instead of every block cycle. Crypti used .1% for a transaction fee, so the frequency of distribution wouldn't matter. Good point, though - Lisk is different in this regard.
Glad you like the plan, Thanks!
You'll get my votes. I like your ideas for helping the coin and platform grow. Investing/speculation is one of crypto's killer apps right now, so the profit sharing is big. And obviously the more dapps and higher quality dapps the better.
Anyway, I'm new to the whole dpos system, I've tried to do some research and I know it's hard to estimate at this point, but I'm just curious about what you think someone could make for each 5000 lisk of voting power?
March 23, 2016, 09:45:27 PM
I was originally waiting until the Lisk launch to announce my delegate plans, but given the recent amount of discussion, I will do a pre-announcement now.
I will be seeking to run 3 delegates, all of which feature different forms of profit sharing with the voters.
The initial percentage I will keep will be the equivalent of 50% of one delegate, divided by the number of delegates voted into the top 101. If one of the three is voted into the top 101, my percentage is 50%, if two are voted in, my percentage is 25% of each, and for all three voted in the percentage will be 16.7% each.
As the value of Lisk changes in value denominated in gold, the percentage I retain will be adjusted, but never exceed the rates above. Any changes in the delegate reward structure from Lisk will also be factored into any rate changes.
The rate changes based on the change in value in Lisk will be adjusted so that when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
In the interim period until the voter profit sharing dapp (https://forum.lisk.io/viewtopic.php?f=8&t=27) or other software is availalbe, in the case of direct sharing of Lisk, I will hold the earnings in the delegate Lisk account for an initial distribution to voters based on their voting records stored on the Lisk Blockchain up to the time of the initial distribution. Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
I am keeping the names of the delegates quiet for now to try to avoid any would be name squatters from trying to register them first as delegates. Others planning to run delegates may want to consider this precaution as well.
I will also be offering services to set up and manage delegates for others. While the number of delegates is limited, setting up dapp clusters for the many different dapps which can be expected is a much larger potential market which will require a similar skill set.
Please keep me in mind for your votes, and I will reciprocate as well. Thanks.
Great, I support this initiative!I will be seeking to run 3 delegates, all of which feature different forms of profit sharing with the voters.
- A profit sharing delegate which makes payments of earned Lisk directly to votors
- A dapp seed funding delegate in which voters receive shares in a fund which owns shares or tokens of the dapps it funds
- A funding delegate for a dapp which is of such immense scale that it merits its own delegate, which also awards shares to its voters
The initial percentage I will keep will be the equivalent of 50% of one delegate, divided by the number of delegates voted into the top 101. If one of the three is voted into the top 101, my percentage is 50%, if two are voted in, my percentage is 25% of each, and for all three voted in the percentage will be 16.7% each.
As the value of Lisk changes in value denominated in gold, the percentage I retain will be adjusted, but never exceed the rates above. Any changes in the delegate reward structure from Lisk will also be factored into any rate changes.
The rate changes based on the change in value in Lisk will be adjusted so that when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
In the interim period until the voter profit sharing dapp (https://forum.lisk.io/viewtopic.php?f=8&t=27) or other software is availalbe, in the case of direct sharing of Lisk, I will hold the earnings in the delegate Lisk account for an initial distribution to voters based on their voting records stored on the Lisk Blockchain up to the time of the initial distribution. Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
I am keeping the names of the delegates quiet for now to try to avoid any would be name squatters from trying to register them first as delegates. Others planning to run delegates may want to consider this precaution as well.
I will also be offering services to set up and manage delegates for others. While the number of delegates is limited, setting up dapp clusters for the many different dapps which can be expected is a much larger potential market which will require a similar skill set.
Please keep me in mind for your votes, and I will reciprocate as well. Thanks.
I have two remarks though:
Quote
when the value of the earnings quadruples, the percentage I retain will be cut in half. This way, the increases in earnings will be divided evenly between the voters and myself.
I don't get that. Why not always keeping 50% and distributing the other 50%?It would be a large windfall for one person to keep with a large increase of Lisk value, so by halving the management fee as earnings quadruples, it still allows a nice rise in earnings for managing the fund while making things steadily more attractive to supporters. Also, I expect other delegates with similar voter rewards plans will offer increasingly lower fees as the value of Lisk increases. In the other direction, if Lisk management decides to change the delegate rewards program due to an increase in Lisk value, the delegate fund management fee could be adjusted back up in a likewise manner, but never to exceed the initial fee rate.
Quote
Succeeding distributions will be made on a regular cycle, most likely once every full forging round of the 101 Lisk Delegates.
Quote
Meaning every 17min? I think it is not worth to distribute the little you make every 17 minutes. I think it would be enough to distribute it every day or even every week?
A lot depends on how well automated the distribution is. Another factor is the flat .1 Lisk transaction fee, so it might indeed be advantageous to do the distributions once a day or even once a week instead of every block cycle. Crypti used .1% for a transaction fee, so the frequency of distribution wouldn't matter. Good point, though - Lisk is different in this regard.
Glad you like the plan, Thanks!
March 23, 2016, 09:35:46 PM
Vote for Hollowman for delegate
Fuck you mother fucker. You dont deserve shit.
Even your Fudding is dumb and shitty. So, I suggest go back into it which is your specialty
Well deserved on my part I might add.
Rezilient will not be voting for me.
March 23, 2016, 09:35:28 PM
Really?
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
Hahhahahahah. I actually laughed out loud.
March 23, 2016, 09:31:55 PM
Really?
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
Lol Move the word "to" in front of "tremendously" and it makes sense.
March 23, 2016, 09:25:26 PM
Really?
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
"These efforts will allow Lisk tremendously to create a constant flow of information to satisfy our users."
March 23, 2016, 09:09:38 PM
hey rez you going to start a node also?
Nope, I got no time for those and Im not tech savy, bag holding is only I can do.
Well if ever, you have my vote, and maybe you could vote for me too
March 23, 2016, 09:04:59 PM
hey rez you going to start a node also?
Nope, I got no time for those and Im not tech savy, bag holding is only I can do.
March 23, 2016, 09:04:27 PM
The Lisk Team is Expanding - Introducing Joel Fernández as the Lisk Community Manager!
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Great addition to the team!
Maybe its an idea that Joel Fernandez summarizes all the constructive and good ideas given on this forum after which he will communicate this to the core team for them to review. Just my 2 cents.
Yes, I will redirect excellent suggestions or valid critics from the community to the team. This will be one of my main duties as community manager.
March 23, 2016, 08:53:01 PM
Vote for Hollowman for delegate
Fuck you mother fucker. You dont deserve shit.
Even your Fudding is dumb and shitty. So, I suggest go back into it which is your specialty
March 23, 2016, 08:44:54 PM
The Lisk Team is Expanding - Introducing Joel Fernández as the Lisk Community Manager!
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Great addition to the team!
Maybe its an idea that Joel Fernandez summarizes all the constructive and good ideas given on this forum after which he will communicate this to the core team for them to review. Just my 2 cents.
March 23, 2016, 08:32:35 PM
The Lisk Team is Expanding - Introducing Joel Fernández as the Lisk Community Manager!
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Now that the crowd-fund is over we can concentrate on hiring a great team with valuable skills. The first one who will enrich the Lisk team is Joel Fernández. As of now he is the official Lisk Community Manager and will act as the bridge between the community and the Lisk core team.
Read the full blog post about Joel's tasks at Lisk now!
PS: Joel is "Bigcabrito" here on Bitcointalk.
Great addition to the team!
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