Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
blackholes
on 25/08/2016, 19:16:30 UTC
Lisk can only be staked by 101 people so that keeps the control and profits with them. Why go with a currency controlled by 101 people
The 101 delegates get elected with the community votes. We have the power to replace them with new ones if they don't behave right e.g. (bad uptime of their node, keep the funds for themselves, not promoting lisk, not investing in apps, ...) by simply removing our votes. Furthermore you can be a delegate by yourself, you just have to convince us for your plan. In the future, as Max has told there is the possibility for this number to increase.

so with all the staked Lisk delegates reinvest to Lisk, they dont keep it themselves? If you own Lisk what else can you do to let it grow? invest in casino etc?

At the link below delegates submit their proposals and their plans, you can take a look:

https://forum.lisk.io/viewforum.php?f=6&sid=48bc756bc9e80806b16b681df836f914

It's up to the community to decide who among them are the best ones or the most efficient for the whole project.