Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2258. (Read 3074324 times)

Okay, I didn't want to post about this whole issue until things settled, but I'm getting annoyed.

I'm a major Crypti holder, (not a big as some, but rtrtcrypto have nothing on me).
This is the way I see it:
Max and Oliver got tired of nothing happening, Crypti going nowhere. Because nothing happened. For months. After a year of starting over because the original idea didn't work.
Of course they also had a financial motivation, who wants to work for someone else when they can work for themselves. But they seen an opportunity because the "Foundation" had opened one by not doing anything. Most don't want to split from a well working project.

Also, Litoshi you annoyed me before, and you are annoying me now. You are a know-it-all, who is wrong a ridiculous amount of times. I seen this when Crypti was on an upswing, and after your absense I see not much has changed.
I read many valid points and arguments from you, but that is part of the problem because you are equally convincing and sure of yourself when you don't know what you're talking about.
No, I won't go into specifics no way I'm rereading your posts.

One thing however. Could you stop accusing Max of money grabbing, and wanting a bigger salary? Crypti raised 750 BTC and it's gone. I'm pretty sure they spent it on developer salary. The money gone, they feel their work is done. Yeah, sure.

I'm not 100% happy about how things have turned out, either, Latoshi.  But I know enough about history to say coups and revolutions and hostile takeovers happen.  People have to adjust when change happens, and change is usually messier than anybody expected before it's over.  Robespierre felt the sting of the guillotine. I predict Lisk will feel the sting of unexpected long-term downward price pressure from large forging rewards hitting the exchanges; an empty, unmotivated Standby Delegate corps; and a developing oligarchy class of Active Delegates whose rewards give them additional votes to stay in power even as the genesis Community voting power is diluted with time.  

Crypti was a pure PoS coin with pure DPoS voting, which was part of its beauty.  Lisk, despite all of its positive attirbutes, is neither.

However, this revolution is at least "legal" as an open source fork, even if it feels like a heist / robbery because it happened fast and in secret.  At least Crypti holders have a conversion path forward instead of a fistful of worthless numbers.   This option is to Max and Oliver's credit, they didn't have to do it.  They have put themselves in the driver's seat of this train mainly because nobody was strong enough to stop them.  Don't blame Max and Olivier for that, blame the people who have "Crypti Foundation Board of Directors" tags by their names.  

And you know Murphy's Golden Rule:
  

Fitting comparison, Mal.  Robespierre was one of the main instigators of the French Revolution, he was eventually  betrayed by his co-revolutionaries, and lost his head to the guillotine. 

Hi, everyone!

I'm the initial Crypti investor that kick-started the whole project financially back at 2014. I understand those who is negative for the situation.
Well yes, Max could warn us about his plans, he is not obliged to do it. The system open source and platform developed exactly for people to use at their own, to build new projects, platforms and etc. Everyone from community, holders and founders have this right. If not Max, sooner or later it could be someone from you. But honestly I'm very happy that Max did it first. He have great experience, he is a real hard-working man, very delegated to job. I know him personally, met him in Germany, he is a very bright and smart guy. I'm sure he will spread Lisk to whole blockcain world by pushing more on pr and marketing.
I hope ICO funds be enough and let do a really great job to bring the 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 ICO.
Especially I'm more calm and confident in success knowing that Max is the one who will continue our great job. That's why I and our team including Boris support Max and wish him success. Also no need represent Oliver, everyone of you seen his work. Guys, wish you Good Luck! I appreciate that you still believe in idea we wanted bring to the world.

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

Oliver,

You are being used and played for a fool by Max.  A man that would betray a trust once, will more easily betray again.

Remember the maxim:  Too soon old, too late smart.

I like you have worked for Crypti for the past few months without any compensation.  You were a hard worker.  I dont like to see you get hurt.  Think this through....  you have no recourse if Max takes the money and disappears.

You will know that in a few months

good question!!

William, over the past 6-8 months your contribution to the foundation was very little, probably due to work commitments, etc.

So given your recent outbursts I'm quite surprised to see you now giving us your time.

Therefore, I would just like to make it clear to everyone, as we have the right to defend ourselves. Your recent portrayal of Max and myself is utterly wrong.

Our intentions are only good, and in no shape or form in the realm to which you speak of.

Thank you.

  touche'

So when Lisk runs out of funds what will it be forked to?

Will the block time of 10 seconds remain?

Hi Max, I'm cryptiNeo delegate from Crypti..

I've just updated my Signature, just followed LiskHQ on Twitter..
Liked on facebook and subscribed to the newsletter..

Godspeed!!

Any way you can get Boris from Crypti on board?

I think you need to change the UI client in more ways to distiguish yourself from Crypti.

There are many people who are angry about this, about being stabbed in the back. If you are a longtime supporter of crypti how can you not be mad about this?

Oh really?! Currently this applies to you. Only to you. 

Scammers leave clues.  Dilligent researchers can discover those clues and reveal the scam.

The most common clue is a name or location that is fictional, vulgar, or ridiculous.  

Have you done your research?

http://www.merriam-webster.com/dictionary/lisk

http://www.urbandictionary.com/define.php?term=Lisk

It's not representative of the Crypti Community.

Only one angry guy.

See, now this just comes across as FUD/Trolling.

Valid criticisms of any coin should be welcomed. Comments like that one just become noise, and results in people discounting anything you say... including valid opinions.

Of course with the way the ICO is structured, I expect to see some FUD regardless, partially from angry XCR people, partially from those who want to see XCR people dump ... so they can pick up cheap coins to convert. But no reason to go the trolling route if you have real comments to make.

None of the founders feel this way.

I hope Max and Olivier do have this much to convert so they have a substantial stake in this project as an incentive to see it through. Compared to traditional startups, the terms being offered to investors are very generous in what amounts to a second seed round. A typical startup in an incubator usually gives 4-7% equity for initial seed funding of $50,000, 3 months of workspace at the incubator, coaching, and exposure to the incubator's investment network. That is 1% equity per $10,000 and $600 worth of rent. A typical second funding round is comparable to Peter Thiel investing $500,000 in Facebook for somewhere around 10% equity. That is $50,000 for 1%. Founders typically try to retain 51% of the company to retain control. Max and Olivier are only keeping 8% of the distribution from the ICO. Even if they end up with 15% after a second round raising 800 BTC by adding their XCR conversion to the 8% reserved from the ICO distribution, this is still way below industry average for tech startups.