All ico buyers will get their coins once Lisk will be launched?
Or people will get coins at some time, not all at once?
It's important, because if all people will get coins at the same time, they can easily flood the market and drive price below ico...
Hello,
All buyers will get their LISK at once. They will be made available with the genesis block.
Interested in these same moments.
I correctly understand that mining is planned for the end of March ? What rewards will be for the unit ?
There is no mining at Lisk. Only forging. The beginning rewards will be 5 LISK per block.
Since i did not get any answer to my last question i ask again. What will lisk coin be used for?
quote from MalReynolds "Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required"
So where will the value of a lisk coin come from if it is not used as some kind of fuel like ether in ethereum?
Can someone can clarify this or is this just a stupid pump thread?
I'm very sorry HidsightHero that I didn't see your question.
Here you can see all fees which occur on the network. Long-term I see the need of recurring LISK payments. We will need to think about this, but maybe we will make the username and dapp registration payments recurring in the future. For
example every 30 days the dapp dev needs to pay a fee so that the dapp stays in our dapp store. If he doesn't pay it, the dapp would still be available, but not visible in our dapp store.
That's one option to make the LISK tokens more needed. However, I suspect that 90% of the dapps will use LISK for internal functionalities.
Hello!
Can somebody tell me- what is the LUSK???
Why it takes so big money on ICO?
Is it really better then ETH or IOTA?
I know that IOTA has newest tehnology in the world, As well as ETH!
But what is new in the LUSK???
Will alternative cryptos -ie btc,ltc be used for purchase of dapps alongside Lisk. Or will Lisk be the sole dapp purchase currency.
LISK is the crypto-currency which empowers the Lisk network, a decentralized application and custom blockchain platform. We will make big efforts for the IoT, IOTA has another use-case. E.g. send money on micro-processors.
A dapp doesn't need to be purchased by users, because this can be cheated by the dapp devs and users. But it needs to be registered on the blockchain, this is only possible with the LISK token (500 LISK).