[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2255.

starik69

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Quote from: LiskHQ on February 09, 2016, 12:26:46 PM

Explaining Lisk Forging Rewards

One of the biggest new features introduced by Lisk is delegate forging rewards. Today we want to explain to you our motivation behind introducing them and how they will work.

Get all information in our detailed forging reward description!

Quote

Why we introduced Forging Rewards
Over the past 10 months of working with Lisk’s Delegated Proof of Stake (DPoS) consensus mechanism, we have become very familiar with both its advantages and disadvantages.

What???

Poly#Crypto

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@vlom

No problem, please send a pm with your proposals to bobafett

vlom

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Quote from: Poly#Crypto on February 09, 2016, 03:00:24 PM

Quote from: vlom on February 09, 2016, 02:55:14 PM

@OP:

hi

do you still need a german translation?

i can translate for you into german.

vlom

The german translation can be found here: https://bitcointalksearch.org/topic/annlisk-lisk-ico-dezentrale-anwendungen-sidechain-plattform-1348884

well, i found a mistake in the first sentence.....

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Hallo und willkommen bei Lisk - eine Plattform für dezentrale Anwendungen und Sidechains, das in JavaScript geschrieben wurde.

Quote

Hallo und willkommen bei Lisk - eine Plattform für dezentrale Anwendungen und Sidechains, die in JavaScript geschrieben wurde.

... and i stopped reading. scrolled down an found this

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For Sr Members and above:

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Für Sr Mitglieder und darunter:

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Für Sr Mitglieder und darüber:

Poly#Crypto

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Quote from: vlom on February 09, 2016, 02:55:14 PM

@OP:

hi

do you still need a german translation?

i can translate for you into german.

vlom

The german translation can be found here: https://bitcointalksearch.org/topic/annlisk-lisk-ico-dezentrale-anwendungen-sidechain-plattform-1348884

But if you like you can write something there about Lisk. Because it would be important if these threads have daily support.

bitseedmike

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Quote from: karmacoma24 on February 09, 2016, 02:53:28 PM

The "quick load" feature that Crypti/Lisk has implemented makes the biggest difference imo, especially when running on these low-footprint devices. So for the moment we will stick with the original https://github.com/nodejs/node.

Yes, this is a major reason we're waiting for 0.5.5 to load it. It takes quite a while to load the chain and index it right now.

vlom

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@OP:

hi

do you still need a german translation?

i can translate for you into german.

vlom

karmacoma24

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LiskHQ CTO

Quote from: bitseedmike on February 09, 2016, 02:28:17 PM

JXcore, http://jxcore.com/home/ is an extended node.js fork which adds more features. It also reduces the size of an application to where complex code can be less than 100 Mb. Bringing this into Lisk can make it even more compact than the 512 Mb it takes now.

Business Insider predicts IoT to reach 5 Trillion dollars over the next 5 years, http://www.businessinsider.com/how-the-internet-of-things-market-will-grow-2014-10 .

Lisk enables much more than just micropayments among IoT devices. Lisk dapps can secure an owner's cloud of IoT devices against hacking and man-in-the-middle attacks with DNSchain type technology, https://okturtles.com/ . Other applications are secure shared databases and analytics, resource allocation, and dispatch of autonomous vehicles and drones.

We have been waiting for the 0.5.5 release to run it on Bitseed, https://bitseed.org/ , an Bitcoin full node with 1 Gb RAM, dual core ARM processor, 8 Gb eMMC, and 1 Tb hard drive storage. We have also shipped some with SSD instead of the hard drive.

Yep keeping a close eye on JXcore and have already tested it with Lisk.

For the moment it's based on a older version of node (v0.10.40) with functionality backported from upstream, and certainly has some nice features of it's own.

The "quick load" feature that Crypti/Lisk has implemented makes the biggest difference imo, especially when running on these low-footprint devices. So for the moment we will stick with the original https://github.com/nodejs/node.

I have a Raspberry Pi 2 chugging away as a Crypti delegate, which has been up since I launched it several months ago. Therefore operating a delegate on these devices, providing you have a good network connection is a definite possibility.

bitseedmike

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JXcore, http://jxcore.com/home/ is an extended node.js fork which adds more features. It also reduces the size of an application to where complex code can be less than 100 Mb. Bringing this into Lisk can make it even more compact than the 512 Mb it takes now.

Business Insider predicts IoT to reach 5 Trillion dollars over the next 5 years, http://www.businessinsider.com/how-the-internet-of-things-market-will-grow-2014-10 .

Lisk enables much more than just micropayments among IoT devices. Lisk dapps can secure an owner's cloud of IoT devices against hacking and man-in-the-middle attacks with DNSchain type technology, https://okturtles.com/ . Other applications are secure shared databases and analytics, resource allocation, and dispatch of autonomous vehicles and drones.

We have been waiting for the 0.5.5 release to run it on Bitseed, https://bitseed.org/ , an Bitcoin full node with 1 Gb RAM, dual core ARM processor, 8 Gb eMMC, and 1 Tb hard drive storage. We have also shipped some with SSD instead of the hard drive.

Other reports more recent than the one above place the IoT market up to $11 Trillion, http://www.informationweek.com/strategic-cio/digital-business/iot-market-forecast-at-$11-trillion-report-finds/a/d-id/1321100.

bitseedmike

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Some instructions on interpreting the Genesis Block Lisk Received Per Donated Crypti chart:

The top row is the percentage of XCR which is converted to Lisk. The secong row is its equivalent in BTC at 1300 sats per XCR. The first column is how much BTC is raised. The second column is the USD equivalent at a price of $370/BTC. The table entries are the decimal fraction of Lisk received per XCR. The maximum fraction of Lisk per XCR with 0 BTC raised and 100% conversion of XCR to Lisk is .85 since the ICO reserves 15% for developers and bounties. If less than 100% Lisk is converted with no BTC raised, the dilution can go to a decimal fraction above 1 with less than 85% XCR converted to Lisk. The highlighted diagonal of cells is where there is no dilution of XCR to Lisk, driven by less amounts of XCR converted to Lisk.

Quote from: LiskHQ on February 09, 2016, 04:04:20 AM

Quote from: MalReynolds on February 08, 2016, 04:37:04 PM

Lisk Investment Charts

Quote from: amanai on February 07, 2016, 06:27:02 PM

I'm the initial Crypti investor that kick-started the whole project financially back at 2014....I hope [Lisk fork] ICO funds be enough and let do a really great job to bring the [JavaScript sidechain / dapp] platform to the world. We in Crypti pushed on development and did a great job having a great platform as a result. Unfortunately no money left for marketing and further development. And for me personally Lisk is the same project with the same idea we wanted bring to the world. For me nothing changed. Same platform which can become more powerful with the new [Lisk fork] ICO....

I suggest everyone to treat this as second funding round what is are very common in start-ups.

How many Lisk you will get for every Crypti you donate (Ownership dilution / concentration):

https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit#gid=763738405

What Satoshi price you will pay for one Lisk with the Bitcoin you donate (Logical Lisk starting price at exchanges):

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit#gid=763738405

Note : 15% to 10% bonus for early BTC donation is ignored in these spreadsheets!

Crypti folks:

Note that if your ownership is diluted (less genesis Lisk than Crypti donated), the price of the Lisk you hold goes up to compensate. The net value of your holdings is unchanged at the end of the ICO.

Note that if your ownership is concentrated (more genesis Lisk than Crypti donated), the price of the Lisk you hold goes down to compensate. The net value of your holdings is unchanged at the end of the ICO.

Bitcoin folks:

Welcome to the alternative to Etherium. Why learn some weird new language like "Solidity" or "Serpent" to write smart contracts that will end up running on some giant Chinese server farms? Program Lisk side chains and dapps in Javascript, run them on your own set of $35 Raspberry Pi 2 or $9 C.H.I.P. microcomputers, and... prepare for lift-off!

(P.S. First JavaScript programmer to write a Lisk sports betting dapp becomes a billionaire).

This is great. I will add these charts to the OP and next ICO info blog post. Thank you Mal!

Quote from: mladen00 on February 09, 2016, 02:42:17 AM

why waiting 4 22nd February?

To build momentum.

LitcoinCollector

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Interesting stuff. But I'm not quite sure about the name...

dzarmush

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Well, since Boris supports Lisk, there's no doubts it's going to be huge.

Poly#Crypto

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Quote from: LiskHQ on February 09, 2016, 12:48:20 PM

Quote from: ?? on ??

Quote from: LiskHQ on February 09, 2016, 12:26:46 PM

Boris Povod joins Lisk as our first adviser

BAM!

...all I have been waiting to hear...

He is the person who knows everything about the source code. This will bring Lisk another major step forward. Wink

This decision was made last Sunday, and we are very glad to have him support Lisk.

Excellent News

LiskHQ

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Decentralized Application Platform

Quote from: ?? on ??

Quote from: LiskHQ on February 09, 2016, 12:26:46 PM

Boris Povod joins Lisk as our first adviser

BAM!

...all I have been waiting to hear...

He is the person who knows everything about the source code. This will bring Lisk another major step forward. Wink

This decision was made last Sunday, and we are very glad to have him support Lisk.

Notieboie

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watching this one, got some potential man

LiskHQ

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Decentralized Application Platform

Boris Povod joins Lisk as our first adviser

After developing Crypti from scratch over the past 2 years, Boris Povod from Russia joins the Lisk team as an adviser. He will support us with invaluable knowledge and advice related to the Lisk source code.

Read the announcement on our blog!

Explaining Lisk Forging Rewards

One of the biggest new features introduced by Lisk is delegate forging rewards. Today we want to explain to you our motivation behind introducing them and how they will work.

Get all information in our detailed forging reward description!

provenceday

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will keep watch this project.

hoertest

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Quote from: MalReynolds on February 09, 2016, 11:33:41 AM

Quote from: hoertest on February 09, 2016, 11:13:12 AM

ps : love your contributions in this thread . Wink

Thanks!

I will slack off on posing a link to the Lisk OP on Ethereum threads. However, I see some people are giving my brief posts there a +1 !!!

https://bitcointalksearch.org/topic/ethereum-is-the-future-of-crypto-bitcoin-is-not-1137367

yeah i would keep it in the open discussion threads but pull it from the eth main thread perhaps.
but you can do what you want.

MalReynolds

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Quote from: Blazed on February 09, 2016, 11:35:28 AM

He also needs to learn how to spell Ethereum... Spammer gonna spam I guess.

Quote from: poornamelessme on February 09, 2016, 11:36:09 AM

It's not dump ETH, Go Lisk, especially with how well ETH has been doing lately...Instead point out how well ETH is doing and how there is room for more than one smart contract currency. Competition is fine, but right now nobody knows about Lisk, while ETH is going insane. Use that to your advantage... the better ETH does, the more interest there could be in Lisk.

LOL. Oops. Corrected.

Thanks, poornamelessme.

poornamelessme

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Quote from: MalReynolds on February 09, 2016, 08:51:53 AM

...

Okay, don't go into full on crazy hype mode there... it can be counterproductive. It's not dump ETH, Go Lisk, especially with how well ETH has been doing lately. I strongly agree with hoertest, coins considering others rivals, then trolling back and forth, is just annoying to everyone... and it doesn't matter anyway. Not like if ETH goes down, Lisk goes up (and certainly not the reverse).

Instead point out how well ETH is doing and how there is room for more than one smart contract currency. Competition is fine, but right now nobody knows about Lisk, while ETH is going insane. Use that to your advantage... the better ETH does, the more interest there could be in Lisk.

Blazed

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He also needs to learn how to spell Ethereum... Spammer gonna spam I guess.

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2255. (Read 3074169 times)