Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 242. (Read 3074131 times)

New version of lisk nano released ( V1.0.0)  - https://github.com/LiskHQ/lisk-nano/releases/tag/v1.0.0

now you can vote with lisk nano easyly, even remove vote and add vote can be done now in one step spending only 1 LSK

I voted for u ... Please consider voting LiskPro.com


At 12.50% approval, the vote weigh is 13.750.000 units
At 80% forging reward, the reward is 10000 LSK /month

Benefit = (reward/approval)*voter weight

Voters with 5000 LSK will earn 3.63 LSK /month
Voters with 50 000 LSK will earn 36.36 LSK / month
Voters with 100 000 LSK will earn 72.72 LSK / month



CheckOUT :

Our proposal : https://forum.lisk.io/viewtopic.php?f=48&t=1524&sid=daad4c63b89fef6ad874ca64f12a1efb
Our Mainnet delegate name is liskpro.com
Our Mainnet delegate address is 13112651512533400586L


LiskPro.com

Thanks for sharing that!

Lisk will be a good competitor for ETH.

More rationale why LISK will crush Ethereum
http://lisk.linkspage.online/index.php/why-lisk-will-surpass-ethereum/
 

such a drama free begging for votes. you have my vote. and i hope that i win a few coins.

There is a pool calculator that offers you an approximate amount of what your reward would be if you vote for pools. If you're looking for quantifiable rewards.
You can also vote and thus support hard working delegates, that even if they are not sharing as pools do, they are working hard on making your stake in lisk more valuable than a few more coins. Maybe the best answer is to vote for pools and hard working delegates, to get the best of two worlds.

To vote, you need a wallet and an access to a public node on the Lisk Community.
Be sure you choose a secure node (at least HTTPS) : https://main.liskwallet.io/

All node are not public available. For exemple, our node : liskpro.com is no public.

So :
- connect to the node
- Enter your secret passphrase (the one with your 1000 LSK)
- Go to BlockChain
- Choose 33 delegates (please consider including us : liskpro.com)
- Up-Left - select VOTE.

You're done ! You have with 1 LSK for 33 delegates.
Your return depends on the payback delegate policy. Between 20% and 90% of 12.500 LSK per month (calculate based on your voting weight).
Ex : here : https://forum.lisk.io/viewtopic.php?f=48&t=1524&p=11283#p11283 - Read only the "Our Proposal"

Hope my explaination are clear for you !

It's true ... for the moment, we cannot reward. So we're not bankable. But how could we be if no one vote for us ? Sad situation ?
So we hope to get a vote when people select their favourites delegates.

Correct, vote for all active pools and sit back and collect your Lisk.  So liskpro.com is real and maybe great but not bankable at the moment as it is on standby so voting for it will get you nothing.  


-tb-

Did not read he would like to vote all the 101 delegates ...
My exemple is not wrong

For the 33 first votes : 1000 LSK -1 for voting = each 33 receive 999 LSK
Next vote for 33 : 999 LSK -1 for voting ...
And so on.

And by the way, I did not ask to vote ONLY for me ... But to vote for me including 32 other delegates using 1 LSK.

Guys I've never been interested at all about voting etc. probably because I don't have the technical knowledge to become a delegate. I prefered to spend my time understanding other aspects of the cryptoworld.
So can you please explain me in a very simple way how voting works?
Let's say I have 1000 LSK stored on a wallet. What can I do with it? What kind of return on investment can I expect in the short, middle, long term?
Thanks in advance for your explanation.

liskpro,your example is wrong. In the case he would like to use his all 101 votes, this means that he will spend only 3 lisk (even if there are scripts available to vote more than 33 once) and he would have voted for all the pools, and the amount of the rewards would have be higher than voting just for you.

Let say you have 1000 LSK.
You have to spend 1 LSK for max 33 delegates vote.
So each of the 33 delegates will receive (1000-1) 999 votes.


Please considere voting for a real, great and bankable delegate : LiskPro.com

Are there any on horizon? Could you name some of them? Which ICOs or in what way could they be treated as unique to those being massively launched on ethereum platform atm? 

There was any news anymore coming soon out about lisk?

All four delegates will get 20k of your Lisk as weight.  This is why you should vote for ALL pools with your 20k to earn more.


-tb-

Tokensummit 2017 through the eyes of a non-developer

After three consecutive days at Consensus, it was time to get ready for the next conference of the week: Tokensummit 2017. The timing couldn’t have been better as both events were held in the same week. Many attendees of Consensus could just stay longer in New York and attend both. On the evening before the start of Tokensummit 2017, a pre-event was organised where Max Kordek and myself attended. This event facilitated meetings with the speakers and organizers. Although the location of the pre-event was quite fancy, the audience of Tokensummit was clearly more informal and less corporate than what we had seen during Consensus.


Next morning, the sunny weather had been replaced by rain while we were heading towards the auditorium of the New York University. The first edition of Tokensummit was clearly sold-out. Rumour was that tickets were sold way above normal price and that people without ticket gathered at the Starbucks around the corner, organising their own mini conference. Tokensummit was mostly about panel discussions featuring over 40 experts and 15 sessions interrupted by short breaks and lunch. The Blockchain experts elaborated on topics such as business models, legal and governance, Initial Coin Offerings (ICO), token funds and future predictions.


Emphasis on Blockchain use cases
Organizer and venture capitalist William Mougayar kicked off by saying that the focus of Tokensummit would be on the businesses behind cryptocurrencies. Co-organizer Nick Tomaino (Runa Capital, The Control) added that token valuation is the main interest of traders outside the Blockchain space but that most people attending Tokensummit are aiming to benefit from long-term success of the industry. However, a small question round revealed that nearly everybody in the audience held cryptocurrencies, but only a few held them for their utility or use cases.


Talks on ICOs
According to panellist Brian Lio (Smith + Crown), the amount raised during ICOs in 2017 has already outperformed 2016, including seed and Series A venture funding. Alex Sunnarborg (CoinDesk) added that currently every single crypto project in the top 100 has a valuation of over $10M, which is remarkable. In contrast to ICOs, receiving traditional seed and Series A funding is quite difficult as it requires start-ups to display traction and revenue streams. With ICOs as new funding mechanism, more projects have access to money while the public has more opportunities to participate in projects with great potential. However, the comparison with traditional VC funding is not completely valid. Sid Kalla (Smith + Crown) pointed out that the differentiating factor of using Blockchain technology also asks for a different way of funding. He said that those projects generally need an ICO just for distribution. For most projects, the broad distribution of their tokens is a necessity for the network to succeed. Those projects wouldn’t even consider giving VCs a substantial number of tokens in return for funding. Although I agree with his reasoning, fair distribution is unfortunately not always the case. Driven by massive ROI, we see a trend where more and more venture capitalists want a piece of that pie. Most (private) ICO participants simply don’t have the financial power to pay for high transaction fees to compete with huge investors. The result is that many (smaller) investors are excluded and a broad distribution fails. One solution could be a capped amount one person can invest, which raises other challenges to tackle such as people using multiple wallets at a time and conflicts with private investor deals.


Pitching sessions
Spread over two sessions, several well-known projects such as Aragon pitched their concepts. Others took the opportunity to campaign for their upcoming ICO, including Civic, Tezos and 0x project. Interesting fact is that Tezos, like Lisk, is running a delegated proof-of-stake consensus. The big announcement of the day came from outside the Blockchain space. Chat application Kik with over 300 million users revealed their plans to launch a custom token. This is a great example of how tech companies can utilize Blockchain technology and accelerate the adoption of this technology by the public.


Debate
Towards the end, fireside chats were held to recap and reflect. Nick Tomaino and William Mougayar went into debate with respectively Brian Armstrong (Coinbase) and Fred Wilson (Union Square Ventures). Wilson made clear that ICOs are not just a way of initially funding a company, but that the token is also the native monetization model of the business. He added that if a project is doing well, the utility value of the network goes up and as a result the token value would rise. In other words, start-ups might give away a lot of their tokens in return for initial funding, but the small number of tokens they keep should increase substantially in value over time, incentivising the founders to make the project a success. For Lisk, this is definitely the case. The future potential of the Lisk project makes us sell Bitcoins to finance operations rather than LSK tokens. Wilson concluded:



Although the day was long and intense, most were still filled with energy and inspiration to continue exchanging thoughts after the event in a bar close by. Our stay abroad gave us great new insights and inspiration to continue building on the Lisk project. For me personally, both conferences contributed to my steep learning curve since I entered the Blockchain space. Once more, it became clear to me that Blockchain technology has great potential. Together with the rest of Lisk, it is my task to accelerate the adoption of Blockchain technology by providing the right tools and support to enable developers to create stunning Blockchain applications that soon will provide value for millions of people across the globe.

Original Blog Post

Quick question: let say I got 20k of lisk, if I vote for 4 delegates is this mean, each of them receives 5k worth of votes?
Follow this logic, if one them payout 90% only the 5K will part of this share and the rest of my votes 15k get zero if others delegates don't share their stake?

thanks

Hi everybody ! I'm doing 30% profit share with ALL VOTERS (limited to 1 million weight for the reward calculation).

I'm also donating 5% of forged lisks for initiatives helping the ecosystem growth.

Check the pool policy for further details: https://forum.lisk.io/viewtopic.php?f=6&t=1458&p=10795#p10795

Chech my past donations here: https://forum.lisk.io/viewtopic.php?f=50&t=1302&hilit=sgdias

I'm currently at rank 97, don't miss the voting reward ! Vote for sgdias !!

I agree, LISK needs more to hold the value and make it rise. Some unique ICO projects will work really good IMO, I hope there will be some of them coming!