Wow, the interest exploded over night! We have over 200 Twitter followers now.
I will answer every question, even though MalReynolds and others already did an awesome job answering questions. Thank you very much! 1. Week:XCR: 1300 satoshis
BTC & every ShapeShift coin: 15% bonus (1 BTC count as 1.15 BTC)
2. Week:XCR: 1300 satoshis
BTC & every ShapeShift coin: 10% bonus (1 BTC count as 1.1 BTC)
3. Week:XCR: 1300 satoshis
BTC & every ShapeShift coin: 5% bonus (1 BTC count as 1.05 BTC)
4. Week:XCR: 1300 satoshis
BTC & every ShapeShift coin: 0% bonus (1 BTC count as 1 BTC)
The ICO information is not clear enough.
Can everyone just buy 1 share of a fixed size? Or 1 share which size depends on the amount of sold shares?
Or can you invest as much as you like? If so: is it fixed how much share you get for your money beforehand or does this depend on the total amount raised by the ico?
Thanks
You can participate with as much BTC/XCR/ETH.. as you want. At the end we calculate the total amount which came together and split the LISK though all participants, dependent on the amount they exchanged. Someone who exchanged 2 BTC will get twice as much than someone who exchanged 1 BTC only.
can someone please ELI5 "Turing-Completeness"
thanks
Turing Completeness = It's possible to write any dapp you want. Theoretically there are no limits.
do XCR contributors also get the bonuses during the ICO?
No. XCR contributors will get a fixed (but very good) exchange rate of 1300 satoshi per XCR.
Do you have any specific use cases you want to target with LISK?
Yes! We specifically target custom blockchains for any use-case, dapps for the Internet of Things and decentralized games. These are huge areas worth billions. However, we will also take a look at the market and see what people are developing. If there are further use-cases for which Lisk is suitable (and there are unlimited of those!), we will adapt.
So for the people who want to convert their XCR into LISK it would make most sense to do so in the last week of the ICO, right?
Because this would give them exchange rate of 1300 satoshis per XCR which would not be available in the first 3 weeks because of bonus offerred at that time?
During the whole time you get the same offer for your XCR. It doesn't really matter when you exchange. Because of our 4 weeks return policy (XCR only!) you can participate at a any time.
Just read the whitepaper. Am a little disappointed, to be honest. It's basically a copy of the Crypti paper, and it's very light on details. If you're going to have an ICO, I want something more in-depth and technical than that. I recognize that I can read your code, as it's on Github, but that's not usually my preferred method for coming to an understanding of a complex system. My time is short these days, and digesting code tends to take much longer than understanding a higher-level description.
I bought into the Ethereum presale because every detail had been clearly exposed in its white and yellow papers. With Lisk, there are too many undisclosed details at present for me to feel very comfortable about its future right now. Maybe if I read the code and compare it to Crypti's... but that's a time-consuming proposition.
We know of that problem. We planned to re-do the white paper this week. This evening I will post the new weekly plan to Trello, so there you will get more information. I think by Saturday we will have the white paper enhanced greatly. We will also write down our vision, like a decentralized "marketplace" for node owners. At which they can add themselves as forgers for sidechains and earn a living by securing blockchains. I mentioned this in an interview earlier.
Today I'm on a management training program! Therefore I will only be available in 10 hours again. Olivier is online and can answer questions from time to time. The week plan will come online this evening!