Author

Topic: LISK DPOS mining: Top 101 forging pools will earning 5 rewards (Read 2415 times)

newbie
Activity: 21
Merit: 0
Well I will say Lisk has the meme's going for it..
copper member
Activity: 2898
Merit: 1465
Clueless!
Its delegated POS, so basically the chosen few get all the staking rewards and live like kings.

That LISK coin would of been much more successful if you could mine it.

Yeah it is kinda a 'popularity contest' your ranking in the 101 delegate slots is determined by 'vote' (mostly by other delegates) in blocks of 'wealth' you have the most lisk in your block of folk and they all vote for each other etc you are set. Someone else comes along with more you 'supposedly' can get bumped.

Based on how 'helpful' you are to the community with tutorials/dapps and other stuff.

It is mostly done with virtual mining via cloud as CPU virtual miners. Can be  a pain  to setup and then you have to win the 'popularity' contest with deeds helping lisk to get to be
a delegate.

But yeah imho if they had opened that process up even in the current virtual miner/cpu format...they would have had a lot more 'cheerleaders'

member
Activity: 112
Merit: 10
That LISK coin would of been much more successful if you could mine it.

Then it would not be Lisk, but another coin. See the DPOS effect on the inflation. At this low inflation rate, the Lisk value can remain at high levels, and you can make gains on it as well.


legendary
Activity: 3808
Merit: 1723
Its delegated POS, so basically the chosen few get all the staking rewards and live like kings.

That LISK coin would of been much more successful if you could mine it.
hero member
Activity: 1008
Merit: 1000
Its delegated POS, so basically the chosen few get all the staking rewards and live like kings.
legendary
Activity: 3808
Merit: 1723
What is DPOS exactly?

I assumed you can't mine LISK.
member
Activity: 64
Merit: 10
Making BlockChain
 May 24. the LISK will  run . 

In order to be within the top 101 delegates by DPOS mining, it let people to  buy more LISK to have more voting power to receive the rewards.

Who have ready ( Pool? ) for delegates will get more LISK to have more voting power to receive the rewards ?
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