Author

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2045. (Read 3074169 times)

legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()

Holding more LISK = more votes.  Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.

The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is.

Okay, I think I understand now.

I still think Max and Oliver will end up with several delegates each.

Why would you vote for a competing delegate?

If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' %

There are no competing delegates.  Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work.  And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power.

Delegates are competing to get enough votes to be in the top 101
If you are running a delegate, why would you vote for a competitor's delegate and add to their % ?
So if I have 4% of vote, I am only voting for my own delegates.  
If I give someone else a 4% bump, maybe this knocks me down to 102 spot, and I earn no money.  Not a rational thing to do.

every delegate should have 2 votes (first that can be used on anybody (even himself) and second that can be use only for somebody else)

From a game theory standpoint, you would then take away your 4% vote from delegates ranked above you to get back in the top 101.  It is an iterative process with more than 101 voters who are constantly adjusting their votes to meet the twin goals of  getting 101 people in place that are needed to run the system while  staying in that group of 101 themselves.  Eventually it stabilizes.  It's not just your voting power that counts, no matter what your voting power is.  


Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.
legendary
Activity: 938
Merit: 1000

Holding more LISK = more votes.  Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.

The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is.

Okay, I think I understand now.

I still think Max and Oliver will end up with several delegates each.

Why would you vote for a competing delegate?

If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' %

There are no competing delegates.  Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work.  And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power.

Delegates are competing to get enough votes to be in the top 101
If you are running a delegate, why would you vote for a competitor's delegate and add to their % ?
So if I have 4% of vote, I am only voting for my own delegates.  
If I give someone else a 4% bump, maybe this knocks me down to 102 spot, and I earn no money.  Not a rational thing to do.

every delegate should have 2 votes (first that can be used on anybody (even himself) and second that can be use only for somebody else)

From a game theory standpoint, you would then take away your 4% vote from delegates ranked above you to get back in the top 101.  It is an iterative process with more than 101 voters who are constantly adjusting their votes to meet the twin goals of  getting 101 people in place that are needed to run the system while  staying in that group of 101 themselves.  Eventually it stabilizes.  It's not just your voting power that counts, no matter what your voting power is - most of the voters are not trying to run a delegate at all.  
sr. member
Activity: 358
Merit: 251

Holding more LISK = more votes.  Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.

The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is.

Okay, I think I understand now.

I still think Max and Oliver will end up with several delegates each.

Why would you vote for a competing delegate?

If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' %

There are no competing delegates.  Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work.  And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power.

Delegates are competing to get enough votes to be in the top 101

If you are running a delegate, why would you vote for a competitor's delegate and add to their % ?

So if I have 4% of vote, I am only voting for my own delegates.  

If I give someone else a 4% bump, maybe this knocks me down to 102 spot, and I earn no money.  Not a rational thing to do.

every delegate should have 2 votes (first that can be used on anybody (even himself) and second that can be use only for somebody else)
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
BTC Counter

The BTC counter on our website and on the ICO website is currently offline, because due to the API changes (Blockr offline) also unconfirmed transactions were added to the counter. To be on the safe side we deactivated it for now. Oliver is currently fixing this issue.


Thank you!


Kind regards,
Max & Oliver

legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
BTC Counter

The BTC counter on our website and on the ICO website is currently offline, because due to the API changes (Blockr offline) also unconfirmed transactions were added to the counter. To be on the safe side we deactivated it for now. Oliver is currently fixing this issue.


Thank you!


Kind regards,
Max & Oliver

OK there's the ~  even in the main page, It's over they've lost the btc count. DUMP NOW!

Are the userfunds gone ? i hope they are able to recover everything.

Nothing is gone!

hero member
Activity: 714
Merit: 510
Quiero mi bocadillo
sr. member
Activity: 439
Merit: 250
Hassan Al-Kebab

OK there's the ~  even in the main page, It's over they've lost the btc count. DUMP NOW!

Are the userfunds gone ? i hope they are able to recover everything.
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
The effort people put fudding need to be paid with a pump

I saw my Lisk go down from around 60k now to 13k...

That is exactly what all here should see and thats why I don't understand why everyone is so happy...
I mean its fine until a certain point, but this is really annoying...
because those coins are worth more, less but worth more. it's math. But I explain you better.
If you have one apple and you sell it for 2 bananas you will have 2 bananas that will fill your stomach better than 1 apple

I know that. But the percentage is shrinking. Should I explain that to you or can you figure out it yourself?

yes please draw me a pie chart

Ok now it's clear. I won't buy more.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
The effort people put fudding need to be paid with a pump

I saw my Lisk go down from around 60k now to 13k...

That is exactly what all here should see and thats why I don't understand why everyone is so happy...
I mean its fine until a certain point, but this is really annoying...
because those coins are worth more, less but worth more. it's math. But I explain you better.
If you have one apple and you sell it for 2 bananas you will have 2 bananas that will fill your stomach better than 1 apple

I know that. But the percentage is shrinking. Should I explain that to you or can you figure out it yourself?

yes please draw me a pie chart
legendary
Activity: 938
Merit: 1000
legendary
Activity: 2142
Merit: 1010
Newbie
i see ~ btc on ico website thats not good.

Don't worry, it's just overflown 65535 BTC limit.

jk
sr. member
Activity: 439
Merit: 250
Hassan Al-Kebab
legendary
Activity: 938
Merit: 1000

Holding more LISK = more votes.  Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.

The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is.

Okay, I think I understand now.

I still think Max and Oliver will end up with several delegates each.

Why would you vote for a competing delegate?

If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' %

There are no competing delegates.  Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work.  And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power.

So, OK, there is a competition to be in the group of community-voted Active Delegates and not in the group of Standby Delegates.  But the 101 Active Delegates are all EQUAL PEERS.
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
BTC Counter

The BTC counter on our website and on the ICO website is currently offline, because due to the API changes (Blockr offline) also unconfirmed transactions were added to the counter. To be on the safe side we deactivated it for now. Oliver is currently fixing this issue.


Thank you!


Kind regards,
Max & Oliver
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
i see ~ btc on ico website thats not good.
Screen or it has never happened




here : https://lisk.io/

OK there's the ~  even in the main page, It's over they've lost the btc count. DUMP NOW!
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
I saw my Lisk go down from around 60k now to 13k...

That is exactly what all here should see and thats why I don't understand why everyone is so happy...
I mean its fine until a certain point, but this is really annoying...

its the prisoner dilemma right?

when you are lucky it will just dump to 2 mill. market cap and you will lose 70% of your money you put inside the scam here.

So what is going to be the final cap after ico?

how much is one lisk?

proud to be part of lisk start :-)


Nice find!!!

bipolarism is common here  Grin Grin

He's crying because of the decreasing lisk count, so he started his crusade against lisk
legendary
Activity: 1498
Merit: 1117
hero member
Activity: 588
Merit: 503
Free Julian Assange
I saw my Lisk go down from around 60k now to 13k...

That is exactly what all here should see and thats why I don't understand why everyone is so happy...
I mean its fine until a certain point, but this is really annoying...

its the prisoner dilemma right?

when you are lucky it will just dump to 2 mill. market cap and you will lose 70% of your money you put inside the scam here.

So what is going to be the final cap after ico?

how much is one lisk?

proud to be part of lisk start :-)


Nice find!!!

bipolarism is common here  Grin Grin
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
The effort people put fudding need to be paid with a pump

I saw my Lisk go down from around 60k now to 13k...

That is exactly what all here should see and thats why I don't understand why everyone is so happy...
I mean its fine until a certain point, but this is really annoying...
because those coins are worth more, less but worth more. it's math. But I explain you better.
If you have one apple and you sell it for 2 bananas you will have 2 bananas that will fill your stomach better than 1 apple

I know that. But the percentage is shrinking. Should I explain that to you or can you figure out it yourself?

yes please draw me a pie chart
hero member
Activity: 1080
Merit: 500
dev check my PM i need help about ICO

I'd expect they are busy, what's up? I'm sure me or people on here or lisk chat can help you out?

solved, mark hel me on lisk chat
thaks dude
Jump to: