[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 628.

vlom

legendary

Activity: 1498

Merit: 1117

Quote from: cannabanana on November 01, 2016, 06:35:39 PM

Quote from: Poly#Crypto on November 01, 2016, 06:33:33 PM

Quote from: cannabanana on November 01, 2016, 06:28:34 PM

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

What? Lol

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

well. then do it. i want to read this behind the scene news. or are just talking again like a few month ago?

malcovixeffect

sr. member

Activity: 714

Merit: 266

Quote from: bitman008 on November 01, 2016, 10:02:01 PM

the price has dropped only 1/3 of the high. Angry

Did your balls shrink from the incident?

Cos im buying

bitman008

full member

Activity: 140

Merit: 100

the price has dropped only 1/3 of the high. Angry

bitseedmike

sr. member

Activity: 432

Merit: 250

Quote from: thandie on November 01, 2016, 11:17:37 AM

Quote from: Bladiebla on November 01, 2016, 09:51:13 AM

Nothing to worry about

I see this project as a long term investment. The lower the price, the more I buy.. Especially if you see how ambitious Max is. He is young, has the knowledge and the money. Maybe not very experienced yet. But with the right people around him, I know he will manage this together with Oliver.

Written very well.
Besides, currently so many users have a good chance to invest in Lisk at a fair price. And the risk for investors is relatively small.

Yes, my outlook as well. I don't see more than a 50% potential downside in the short term, and a longer term upside of 10X to 80X in the next few years. As I mentioned early on shortly after Lisk was announced, Max and Oliver have grit, and continue to show it, and this is what makes for hugely successful companies. From Peter Diamandis, about grit, http://peterdiamandis.tumblr.com/post/125682464568/grit-so-important

honolulumark

hero member

Activity: 798

Merit: 500

Knowledge is power

Quote from: cannabanana on November 01, 2016, 07:40:09 PM

torrent

What went wrong in the past months, cannabanana?

cannabanana

hero member

Activity: 518

Merit: 501

Quote from: Vega on November 01, 2016, 07:38:36 PM

Okay, one last post about this, as I don't really care, as the funds will remain in escrow until a legal solution is found no matter what.

Quote from: Poly#Crypto on November 01, 2016, 07:25:55 PM

This is not my thread, it's the Lisk Thread.
And I haven't made the rules.

...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...

https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603

That statement you quoted is simply not correct. No matter what they say they can't overwrite the original terms. They can choose not to touch the funds as long as they want, but the original terms were clear.

I agree, that there is some ambiguity of wording, but not that much.

From part II of ICO terms:

Quote

The Lisk team won’t have access to any funds at all, until the Lisk mainnet is launched successfully.

https://blog.lisk.io/lisk-ico-terms-part-ii-3b50ab74c9b6

From part III of ICO terms:

Quote

All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.

https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

So the intent of escrow terms was clear.

There is also a fact that every time a genesis delegate signs a block it's log has a line like this:

Quote

Forged new block id: height: X round: X slot: X reward: 0

And that's pretty much counts as forging in my book.

yeah, you're right then.

Vega

hero member

Activity: 739

Merit: 500

Okay, one last post about this, as I don't really care, as the funds will remain in escrow until a legal solution is found no matter what.

Quote from: Poly#Crypto on November 01, 2016, 07:25:55 PM

This is not my thread, it's the Lisk Thread.
And I haven't made the rules.

...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...

https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603

That statement you quoted is simply not correct. No matter what they say they can't overwrite the original terms. They can choose not to touch the funds as long as they want, but the original terms were clear.

I agree, that there is some ambiguity of wording, but not that much.

From part II of ICO terms:

Quote

The Lisk team won’t have access to any funds at all, until the Lisk mainnet is launched successfully.

https://blog.lisk.io/lisk-ico-terms-part-ii-3b50ab74c9b6

From part III of ICO terms:

Quote

All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.

https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

So the intent of escrow terms was clear.

There is also a fact that every time a genesis delegate signs a block it's log has a line like this:

Quote

Forged new block id: height: X round: X slot: X reward: 0

And that's pretty much counts as forging in my book.

Poly#Crypto

hero member

Activity: 910

Merit: 510

Quote from: cannabanana on November 01, 2016, 07:19:52 PM

Quote from: Vega on November 01, 2016, 07:16:24 PM

Quote from: cannabanana on November 01, 2016, 07:13:16 PM

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.

You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?

? Don't know if I agree on that explanation or definition but yeah, I'm done here.

This thread is all yours poly crypto.

This is not my thread, it's the Lisk Thread.
And I haven't made the rules.

...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...

https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

It will be very interesting to see LISK price a month or so after forging starts and funds are released.
I have been scooping at these prices as well.

With access to literally 100x more funds than they have spent to date (100k) it will be very interesting indeed.

ps... all Alts drop when BTC rises. Current rise phase of BTC is about to end.
pss... remember the 3000 BTC lisk whale? Only one reason he put those walls up = To scare people out. To get market share needed.

We will know soon Tongue

cannabanana

hero member

Activity: 518

Merit: 501

Quote from: Vega on November 01, 2016, 07:16:24 PM

Quote from: cannabanana on November 01, 2016, 07:13:16 PM

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.

You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?

? Don't know if I agree on that explanation or definition but yeah, I'm done here.

This thread is all yours poly crypto.

Vega

hero member

Activity: 739

Merit: 500

Quote from: cannabanana on November 01, 2016, 07:13:16 PM

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.

You are talking about community forging. There was no such requirement. Forging has been happening since the first block, every block.
But don't we have better things to do than argue about the whys and hows of lisk funds?

cannabanana

hero member

Activity: 518

Merit: 501

Quote from: Vega on November 01, 2016, 07:11:10 PM

Based on the original ICO terms the funds can be paid out after the very first block of the Lisk mainnet was forged.

Quote

All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.

https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

They simply choose it not to release it from escrow until the best solution can be found for a corporate structure that allows for paying as little tax as possible.

No, according to this I was right, all collected funds will be paid out once the lisk network has FORGED it's first block which requires Forging.

it doesn't say on mainnet launch or on the first block created or after the genesis block. It says after the first forged blocks.

Vega

hero member

Activity: 739

Merit: 500

Based on the original ICO terms the funds can be paid out after the very first block of the Lisk mainnet was forged.

Quote

All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.

https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djab

They simply choose it not to release it funds from escrow until the best solution can be found for a corporate structure that allows for paying as little tax as possible.

Poly#Crypto

hero member

Activity: 910

Merit: 510

Quote from: cannabanana on November 01, 2016, 06:35:39 PM

Quote from: Poly#Crypto on November 01, 2016, 06:33:33 PM

Quote from: cannabanana on November 01, 2016, 06:28:34 PM

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

What? Lol

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

Not one more time. So far I've never spoken to you directly here in Lisk Thread because I've been ignoring you for a long time.
Is not personal against you, just against your comments.

But YES, tell us all about Lisk. It is a free world, free speech, what are you waiting for...? I am open to all opinions. The only key is: it should be the truth.

My suggestion:
You read again all the announcements and articles on the Lisk blog. Then you feel better I hope. No stress, no hate, no evil words Wink

Bobo81

sr. member

Activity: 476

Merit: 250

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Funds was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

OK thank you for your answer!

Bladiebla

member

Activity: 100

Merit: 11

Quote from: cannabanana on November 01, 2016, 06:35:39 PM

Quote from: Poly#Crypto on November 01, 2016, 06:33:33 PM

Quote from: cannabanana on November 01, 2016, 06:28:34 PM

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

What? Lol

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

Gtfo you dickhead. " I will talk shit about Lisk over the past 6 months" haha just a little kiddo.

cannabanana

hero member

Activity: 518

Merit: 501

Quote from: Poly#Crypto on November 01, 2016, 06:33:33 PM

Quote from: cannabanana on November 01, 2016, 06:28:34 PM

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

What? Lol

crazy kids tonight

call me a liar one more time, I usually keep my mouth shut on Shit but if you want, I can release a torrent of stupid shit about LISK that has happened over the past 6 months in the background.

Poly#Crypto

hero member

Activity: 910

Merit: 510

Quote from: cannabanana on November 01, 2016, 06:28:34 PM

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

What? Lol

crazy kids tonight

cannabanana

hero member

Activity: 518

Merit: 501

Quote from: Poly#Crypto on November 01, 2016, 06:27:25 PM

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Fund was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

dude, grab that stick that's shoved up your ass and pull it out. I'm not trying to be an ass here, but you seem to have a problem with everyone.

And yes, I was here since the beginning before the ICO. The promise was NOT the formation of the organization structure but literally the escrow release was based on FORGING.

Somewhere between the First promise and now it has been changed.

Call me a liar again if you want me to start getting nasty.

Poly#Crypto

hero member

Activity: 910

Merit: 510

Quote from: cannabanana on November 01, 2016, 05:49:22 PM

Quote from: CoconutMojito on November 01, 2016, 05:47:37 PM

Quote from: souljah1h on November 01, 2016, 05:37:53 PM

Quote from: Bobo81 on November 01, 2016, 05:11:12 PM

I read in Lisk chat that the team has not access to their funds? Is it correct?

At the moment they do not have access.

What needs to happen for them to receive their funds?

forging

This is not true.
You were here from the beginning and you know exactly, the condition for access to the ICO Funds was the establishment of the company. (former gGmbH) So far...

So write the truth please. If you have questions, join the Lisk Chat or ask Max directly.

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 628. (Read 3074310 times)