Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2155. (Read 3074169 times)

You don't, it's actually us who needs this information. The public key along with the associated balance is what will go into the genesis block at launch.

The most important thing for you to record or remember, is your passphrase.

Please bear in mind, the information shown on-screen is being generated within the browser, not on the server, and therefore only you can see it.

Upon accepting your passphrase, we receive and store your public key and address, leaving you to store your passphrase for later accessing your funded account after launch.

Hope that makes it clearer.

You don't really need it. But it's better to save all data we give you (passphrase, account ID, public key).

I absolutely, positively 101% agree.  I bet Max and Olivier do, too.


I have no idea what the true story is about what happened inside the Crypti team several weeks ago.  I do know that lead Crypti dev Boris Povod has agreed to be an occasional Lisk consultant.  It has been repeated multiple times by other top Crypti Foundation members that Lisk as a fork of Crypti now has their full support.   Certainly there was a shock when Max and Olivier forked Crypti into Lisk, but I think saying those two "hijacked the Crypti roadmap along the way" is twisting the story a little yourself.  

Crypti still has the backing of a majority 62 million coins that have not been shifted over to Lisk, the continued primary loyalty of the original main lead code dev, a larger and more varied Crypti Foundation team than just "two guys", current presence on two exchanges and a fully up-and-running coin blockchain they have operated for almost two years and over 2 million blocks.  

Lisk has none of these things at the present time.  

Don't feel sorry for Crypti.   You are welcome to go join Crypti in their journey forward if you wish to do so.  If Crypti is strong, it can survive the departure of "only" two disloyal team members as the Crypti Foundation continues to execute its desired Crypti roadmap.

I am pretty sure the official Feb 1 Crypti roadmap at the time of the Lisk fork did not include doing a second round of funding that would accumulate around a million dollars of new working capital by April 1.  

Go Max.  Go Olivier.  Keep on shaking it up.

Why do i need to remember public key?

Yes that's true. I guess it's more a psychological matter than a factual one.

Ethereum is a perfect example. From 30K btc to 2.2M btc.

the problem is not only that 8% but even the enormous amount of btc the project is rising...or this is the biggest scam ever or it will moon like no one

it's not that hard for a coin with a 3k btc market cap, reach 1 or 2 $ or more

The problem with one Lisk already worth 0.014$ is that a x10 or x100 is less likely than if it were worth 0.0014$.

SCAM coin

Someone must say the true. 8% distributed for free to two developers? What a joke.

Passphrase = Private Key of an account = twelve words foobar bla english obama anejo sky dog butter chili india
Keys / Keypairs = Private and public key of an account

Ok, the wording of all of this sounds awful. This sure as hell better not be "gifts", which would have even worse tax implications than "software" or even "securities" as far as I am concerned.
Also, please stop pretending that their geographical location is a legal barrier - that is absurd. We have their names and location, it would be trivial to contractually lock them into some sort of agreement - not sure it would be wise to do so, but it would certainly be possible. (not sure it would be worth the time and money to do it properly)

**EDITED**

What is the difference between "keys" and "passphrase"?
This confuses me a lot

+1 on no retroactive mods to the ICO terms.   The donations of BTC and XCR that have been made to Lisk are effectively gifts to Max and Olivier for which you have no right to expect anything in return.  If you suddenly make them "not gifts" subject to "contracts" then you are suddenly opening up a HUGE legal Pandora's Box.  We do not want to go there.  

Plus, I am no lawyer but it seems to me that a true legal contract is not possible here on any topic.  Max is in Germany.  Olivier is in the UK.  Pretend for a minute they did sign a scheduled release contract and then dumped 8M Lisk on April 1 anyway.  Now what?  What court are you going to go to and adjudicate this so-called contact you want? The Court Of The Internet?

Practically, what you want is a scheduled release "pledge".  Max has said he is going to hold his Lisk for a long time.  That is the pledge you are looking for.  You have what you want!

Now it is time to just sit back and watch Max's actions to see if he is a man of his word.

 

I am out of toner so I"ll put them on a piece of paper and I"ll store them in my pocket. Haha Lol but also true.

Make a picture and print it.  

I have just done "generate keys" thing in my exchange part and downloaded them as txt file. Cool. I"ll store them now on my C drive,D,E,F,USB stick and my phone !!!

+1

If they don't it will go the same way as previous projects

Why would they burn them? Do they look like some crazy unstable persons? Where such stupid idea comes from anyway?

With this amount of ico funds. it can be a great success !!

I just hope that the LISK team not to try to do everything themselves. Start a company, hire good staff for a good base and build the coin from a business perspective.

Facebook has not become great by Mark, but by his employee team led by Mark.