[2016-09-26] Gavin Andressen: Ethereum to replace bitcoin

RoommateAgreement

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Bazinga!

screw that guy.
i don't think anybody cares about that he says and does anymore. he has made a lot of mistakes in the past with his classic, xt and finally satoshi scandal.

Quote from: Zer0Sum on September 28, 2016, 11:33:40 PM

Freaking Ethereum Wallet is still not stable after 20-30 releases...
In the last 2 weeks I had to delete/download the blockchain twice...
The chain got corrupted (a) standard Win7 memory maxed out and (b) standard Win7 power outage.

this what we call crappy code.
ETH is only good to make profit from trading it. that is all its good for!

Zer0Sum

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Quote from: BTCLovingDude on September 28, 2016, 09:50:00 AM

Quote from: jacafbiz on September 28, 2016, 04:12:59 AM

I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

first of all ethereum does not have enough full nodes and everybody is using online wallets and exchanges to keep their coins an other methods nobody is contributing to the network and that is your answer about the impact of number of nodes. if there were lots of nodes like what bitcoin has they couldn't have hard forked the coin this easily just the same way they can not fork bitcoin easily.

Quote from: gentlemand on September 28, 2016, 07:09:38 AM

Quote from: jacafbiz on September 28, 2016, 04:12:59 AM

I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

It's purely because it's mined with GPUs. If it was still possible to mine Bitcoin with them there'd be thousands more Bitcoin nodes than there are these days.

i doubt that even miners are running full node.
most of them are doing pool mining and receiving their payment in their exchange address and dump just as fast.

Freaking Ethereum Wallet is still not stable after 20-30 releases...
In the last 2 weeks I had to delete/download the blockchain twice...
The chain got corrupted (a) standard Win7 memory maxed out and (b) standard Win7 power outage.

Ethereum Wallet is just not ready for prime time and ordinary users...
I've spent so much time fucking around with various ETH wallets in the past year that it's a joke....
Only the 1000% gains have made it worthwhile.

But still, if just one of their cool vapor-apps takes off... look out...
It's got the only cultish ecosystem to rival Bitcoin's...
And probably leads Bitcoin in terms of Devs on board...
(Ethereum + Solidity is a perfect combination for undergraduate college courses in blockchain or hackathons).

bbc.reporter

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@thejaytiesto. Even Nick Szabo? I believe he switched his support to Ethereum classic after the hard fork. He expressed hos support thru a subtle tweet. Then I just read that he is on the advisory board of Lykke. That project will be built on Ethereum I believe. So maybe he did not really severe his ties with Ethereum?

thejaytiesto

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Quote from: TraderTimm on September 26, 2016, 01:20:26 PM

Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Gavin Andresen is a troll and a sellout, he will defend whatever is putting money on his pocket. The Ethereum Foundation, as the disgusting piece of shit mafie that it is, pays a lot of "bitcoin celebrities" to FUD Bitcoin and shill Ethereum.

At the end of the day, Ethereum is a mess and Bitcoin remains the solid number 1.

bbc.reporter

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Quote from: Herbert2020 on September 28, 2016, 02:11:18 AM

Quote from: bbc.reporter on September 27, 2016, 11:39:09 PM

Quote from: TraderTimm on September 26, 2016, 01:20:26 PM

Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Gavin is loosing it. He is too emotionally attached in bringing bitcoin core down and that is affecting his judgement. He is now being viewed by the community and his peers as a joke and his real motive is now showing.

i seriously doubt these two.
especially about him backing ethereum. my guess is that he was paid to say these things and support Ethereum and we know that ethereum foundation does anything to pump the price and they have nearly unlimited funds to do that from all the pump and dumps they have done from the start with all their premined coins.

That is more doubtful. Maybe he was accumulating ETH and now he feels his wallet amount is good enough so now he thinks he can start to hype the coin. I also doubt the Ethereum foundation has "nearly unlimited funds".

vapourminer

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what is this "brake pedal" you speak of?

Quote from: BTCLovingDude on September 28, 2016, 09:50:00 AM

i doubt that even miners are running full node.
most of them are doing pool mining and receiving their payment in their exchange address and dump just as fast.

i used to mine to an exchange but now run mist and use it to receive eth from mining. not running it full time but once every few days i will run it just till it syncs and i can see my payments, then its shut down. so much for being a node, even a chintzy one, full time, not worth it.

i do this mainly so i can have a minimum amount of eth for the long term and the lulz, the rest i sell as soon as i mine em. probably 1/4 i keep and 3/4 i sell.

BTCLovingDude

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BTC to the moon is inevitable...

Quote from: jacafbiz on September 28, 2016, 04:12:59 AM

I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

first of all ethereum does not have enough full nodes and everybody is using online wallets and exchanges to keep their coins an other methods nobody is contributing to the network and that is your answer about the impact of number of nodes. if there were lots of nodes like what bitcoin has they couldn't have hard forked the coin this easily just the same way they can not fork bitcoin easily.

Quote from: gentlemand on September 28, 2016, 07:09:38 AM

Quote from: jacafbiz on September 28, 2016, 04:12:59 AM

I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

It's purely because it's mined with GPUs. If it was still possible to mine Bitcoin with them there'd be thousands more Bitcoin nodes than there are these days.

i doubt that even miners are running full node.
most of them are doing pool mining and receiving their payment in their exchange address and dump just as fast.

TraderTimm

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Don't forget that the whole ethereum network was nearly taken down by a single bit of code.

During their big hype-conference in China, no less. Something like 85% of the mining nodes dropped off the network. Is that something you want to jump into?

I sure as hell don't. But as others have mentioned, there are other fundamental problems with ETH besides their mining nodes.

I think Vitalik is your classic young programmer -- he thinks the world can be solved with code.

What he's missing is the real-world elements of greed and corruption will doom his idealistic frameworks. After all, the big ETH heist was a legal bit of code that someone unethically decided to run. Vitalik doesn't understand that, or he comes to that conclusion way after the thieves have plundered the bank.

Spoetnik

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FUD Philanthropist™

I don't see how Gavin can say that when you look at the entire picture of Ethereum.
I'd say there is 0% chance of it happening being as honest and as objective as i can.

I would say ok maybe there is a slim chance or it could compete a little *if* i believed it..
But i don't !

"Fuel Tokens" are by design in no way a capable replacement for Bitcoin.
Ethereum is not a real currency.
It's a 100% premined ICO APP's / DAPP's digital "fuel token" smart contract scheme of sorts.

I don't say that to argue with anyone so much as i am just shocked someone who should KNOW BETTER is saying such silly ridiculous bullshit publicly.. does he think his name will sway opinions ? why say that ?
His saying it will clearly cause a lot of negative opinions so he is not gaining much..

Replace ? It can't !
Not possible.. Bitcoin is a "currency" and Ethereum is NOT !

ETH will be lucky if it can even hold onto it's niche market.

gentlemand

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Welt Am Draht

Quote from: jacafbiz on September 28, 2016, 04:12:59 AM

I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

It's purely because it's mined with GPUs. If it was still possible to mine Bitcoin with them there'd be thousands more Bitcoin nodes than there are these days.

talkbitcoin

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All I know is that I know nothing.

Quote from: Spoetnik on September 28, 2016, 03:52:18 AM

It's nice to see the replies here so far..

Take it all in and make your own opinions.
look at the facts.

That guys history + the claim about Ethereum..
Who the hell here thinks Ethereum will be taking over for Bitcoin ?

I think 2 guys think that.. named minecache and mining1 (Butters & Gavy) LOL Cheesy

The rest of us are just being realistic.

exactly this.
every altcoin out there thinks they are the next big thing that will replace bitcoin and i don't know why they all want to "replace" bitcoin Cheesy

besides ETH is a centralized altcoin with a huge amount of premine. i mean i can easily be that famous 1 in a million persion (21 BTC) with bitcoin but with ethereum if i want to be the 1 in a million i have to buy all the coins that have became available to the public and i don't think it is enough since they still would have a lot of coins.

jacafbiz

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I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence

Spoetnik

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FUD Philanthropist™

It's nice to see the replies here so far..

Take it all in and make your own opinions.
look at the facts.

That guys history + the claim about Ethereum..
Who the hell here thinks Ethereum will be taking over for Bitcoin ?

I think 2 guys think that.. named minecache and mining1 (Butters & Gavy) LOL Cheesy

The rest of us are just being realistic.

dreamhouse

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ETH, lmao. Replacing bitcoin is every altcoin's dream, Litecoin, Ripple, Nxt, then more fun with Doge, Black etc, then ETH and all these Dapps, lol, dream is going on, but only a dream. Grin

dadon

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Pecvniate obedivnt omnia.

Gavin andressen's opinion don't mean nothing... the people will decide what we want not you...your a shill gavin just like rodger ver...satoshi and btc hate you and told me to tell you Kiss

TraderETH

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Quote from: smartgerman on September 26, 2016, 11:41:49 AM

Gavin Andressen: Ethereum to replace bitcoin
Computer scientist and bitcoin developer Gavin Andresen believes that the Ethereum network will challenge and eventually replace bitcoin as its scaling capability and blockchain size exceeds those of bitcoin.
http://www.coinfox.info/news/6464-gavin-andressen-ethereum-to-replace-bitcoin

In my opinion it is still prediction and it is become true or false and depend on comunity of bitcoin, are they will move to ETH or stay in bitcoin and don't forget because of the DAO coin, ETH become hard fork coin.

Herbert2020

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Quote from: bbc.reporter on September 27, 2016, 11:39:09 PM

Quote from: TraderTimm on September 26, 2016, 01:20:26 PM

Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Gavin is loosing it. He is too emotionally attached in bringing bitcoin core down and that is affecting his judgement. He is now being viewed by the community and his peers as a joke and his real motive is now showing.

i seriously doubt these two.
especially about him backing ethereum. my guess is that he was paid to say these things and support Ethereum and we know that ethereum foundation does anything to pump the price and they have nearly unlimited funds to do that from all the pump and dumps they have done from the start with all their premined coins.

bbc.reporter

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Quote from: TraderTimm on September 26, 2016, 01:20:26 PM

Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Gavin is loosing it. He is too emotionally attached in bringing bitcoin core down and that is affecting his judgement. He is now being viewed by the community and his peers as a joke and his real motive is now showing.

BitcoinNational

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This guy got greedy & sleazy.

I think he demanded council position on the City of Cambridge too.
Stupid he is not. Sleazy ... like EZe:)

SoX it!

amacar2

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Quote from: smartgerman on September 26, 2016, 11:41:49 AM

Gavin Andressen: Ethereum to replace bitcoin
Computer scientist and bitcoin developer Gavin Andresen believes that the Ethereum network will challenge and eventually replace bitcoin as its scaling capability and blockchain size exceeds those of bitcoin.
http://www.coinfox.info/news/6464-gavin-andressen-ethereum-to-replace-bitcoin

Gavin statement may not matter much as all know how bitcoin is superior over centralized ethereum which is controlled by ETH foundation and vitalik.
Ethereum never gonna overtake/replace bitcoin in any few future for sure and whatever he says will not change this truth.

Topic: [2016-09-26] Gavin Andressen: Ethereum to replace bitcoin (Read 1738 times)