Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 490. (Read 3074310 times)

Bitbanksy's Lisk Banner Contest just got a couple more donations from delegate Corsaro and myself btw, tripling the bounty.
When he wakes up, the new prize numbers will be officially posted, but it should be somewhere around these numbers now...
calculated at 15 cent per lisk...
1st prize: a total of 1500 LSK  ($225)
2nd prize: a total of 900 LSK   ($135)
3rd prize: a total of 600 LSK    ($90)

This is a follow up on my recent post with some more details. I will also later do another post in reply to some of the recent responses that were given.

As is documented here I was voted out of GDT https://electionbuddy.com/elections/37932/results/ud2fkynx7 . The reasons were that I had not voted one particular candidate with my personal holding, and that allegedly I wrote negative words about GDT in my transparency report.

In the first weeks of January the Slack channels of GDT were given some bots for vote tracking (made by Hagie) that could indicate if a member of GDT had not given votes to another one. This bot was then played several times by a new member with name Hagie (who I did not know then) in order to make his cause that I would have to vote him. This came also with a threat from other sides that if I do not vote as they want there will be head-rolling by Jan. 15. It was then unclear to me why Hagie was in GDT and on what criteria he was selected. From what I found out he came into the Slack channel on invitation in the role of observer for another new member. From this status he gained permanent access to the Slack channel, and finally was declared a member from above. It then also came to my attention that he obtained many outside votes from the Robinhood pool where he was presented as “mentor”, through running a scheme that required to vote Hagie for getting a higher payout. Besides that, Hagie acted very bossy, was pressing for votes, calling me with the a-word and became the key-figure in establishing a totally new regime at GDT. There were many more red flags for me then (and even more later) for why I would not vote Hagie for personal reasons (more details can be provided).

There was also the issue that at that time GDT had brought in many other new members based on their voting weight without requiring them to make a significant distribution or contribution for the benefit of Lisk. This was the reason for my comment in the transparency report.

Then there was also the issue that GDT was never interested in choosing certain qualified delegates. For instance I previously had made the proposal to support some developers from Shift. As many might not be aware of, Shift is developing an ambitious project based on Lisk https://www.shiftnrg.org/newsletter. Some developers from Shift also work on the code for Lisk, while Shift is much worse funded. I also made the proposal to consider a candidate who had a background as cryptographer and was one of the winners for his delegate proposal (he even had some voting power). There was also the issue that they ignored certain other candidates who could claim some trajectory in Lisk based on early participation. In the months that I participated in Lisk a number of developers showed up in the chat and forums, but there were no visible attempts by GDT to acquire valuable human resources. The concept of high block rewards actually attracts qualified developers, but GDT is preventing it from how it could work.

If some might want to know why I was in GDT. The answer is that I previously was in a different group that was merged with GDT, without me personally consenting to it and being left with no other choice. At that time it also appeared that GDT was in a new beginning. Some might recall that I had posted a critical comment about the governance of GDT on the Lisk forum in May, pointing out that the list of members is created by a single individual, Vega.

The short outline above is a summary of my experience with GDT. In addition, I would like to be explicit on why I see GDT as a scam and a threat:

• GDT is centralizing delegates, as basically a single individual is doing the list of delegates. GDT has no statute or real democratic organization.
• GDT is a cartel. They are not just a group of some mutual voters. They deliberately seek to maintain a number of 80+ members in order to seize all forging rewards and prevent competitors.
• GDT is a buddy scheme. Everything goes if it is to the liking of the leadership.
• GDT is undermining the consensus mechanism and is practicing collusion. With most recent conduct there is direct enforcement of the voting of its delegate members.
• GDT has no benefit for Lisk. GDT is not operating in a way that it seeks to return a surplus for Lisk from forged LSK. In particular it is not attempting to acquire valuable developers for Lisk projects as it was envisaged for the forging rewards.
• GDT is not preventing whales, or the “rich from getting richer”. Recently they rushed in many high stake holdings, even some of those they had previously labeled as their adversaries. The members of GDT themselves are striving to amass a holding from forging awards that would make each a whale.
• GDT is not a better alternative to pools. In fact, GDT is associated with pools, used them for pushing some of their members, and members even proposed to launch GDT pools.
• GDT is not essential for the operation of the testnet and the mainnet. While in fact a lot of work was contributed to this, most work on scripts, applications, snapshot servers, real feedback on testing etc. is done by only a relatively small number of participants.

https://carolinaliskdelegate.wordpress.com/