Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
kingcrimson
on 06/06/2016, 01:31:47 UTC
DASH is now in Lisk's rear view mirror.

The pedal is to the metal.  Watch out, DAO, here we come...



New proposal idea for the DAO:

Release a big chunk of ETH to a contractor who sells the ETH then buys/holds LSK.

Contractor can use the LSK to get a top 101 delegate position.

The income from the LSK delegate can be converted back to ETH then sent back to the DAO as interest on their investment.

That is insane. You think it will go? If it pans out the coins will be join together in value

All coins join together, it will become 'too big to fail' situation. DAO is already convoluted, now add Lisk, and Lisk's own DAO that hedges in other coins. This kind of thing could get crazy fast.