Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts - page 271. (Read 821107 times)

It's time to buy ETC

Just testing the water roselee, sticking an "A" before everything is a quick fix if we need to.

if you read yesterday mornings #general Slack you will see i kicked of about lack of roadmap and the disconnect between devs and the public.  I was a lone voice so they don't see a problem.  Go back and read the slack.  I managed to get some chat going with one of the devs but not sure if there was an attempt to appease me.  But if more people bang on about it they will take notice.  I think that currently they are surrounded buy a small group who tell them they are wonderful.  Go ask them for a roadmap.  See waht happens.

I don't think they understand that mining etc was a protest....
I was'nt mining ethereum when the fork happened.  I was mining feathercoin. I switched to mining old ethereum at block #1920000 because of how the fork was implemented.  I had mined Ethereum  previously, from March up to one week before the Dao attack.  I stopped mining it one week before the Dao attack due to the arrogance of the foundation and because any post i made that questioned what they were doing were removed from their forum.




I am currently piloting an array of HHDs to mine Burst.  Sorting out the wallet and full node took some time as you have to send and receive Burst to make it active.  However, there is a light wallet and a phone wallet if you are into pool mining.  They have a cool messaging system too where you can include text with payments.  Once set up it's very slick and easy to use.  Nice GUI with loads of info.  It makes Mist look dated.  Also looks like smart contracts will soon be available.



Go speak your mind, go ask for a roadmap.  How can people invest if they are in the dark?  I am a lone voice among 1000 wanabe devs when i ask.

hi green,
i dont think we need or should rebrand.

some thoughts on it
if you sell someting with a brand on it like Ethereum was done you cant sue the buyer for using the brand.

i bought my ethereum and ethereum classic was a gift from ethereum foundation beccouse of the fork.
so how could they by any means sue anyone for trademark?
i cant see a case there .
its like microsoft  sais now o i dont like windows xp anymore i hate it i want it to die and therefor i forbit every one to use my trademark windows on it ....
i read what charles said there about investors .... microsoft got investors and they had a lot of open ends legali as i recall.
if you get bigger you always get sued for plagiat or what ever.
i wonder how the founding will be done in etc .... via donation ? fees ? do you have an idea about what is planed ?   

and the goverance ?

I was suggesting today that it might be a good idea to kick the can down the road on the bomb just to force the dev team to come back to the table in 2018 to address the "next gen" of ETC whatever that turns out to be.  Otherwise my fear is they are going to HF to diffuse the bomb and then do nothing.  We will see the ASIC's come screaming in and then the real damage begins with ETC consolidating with fewer and fewer miners as all the power gets sucked into a few select locations with cheap costs and cheap electricity.  

I don't know that they will take my suggestion seriously, but it might be to our benefit to prolong the bomb just to make sure that they have to address a hybrid implementation or how to address the ASIC's that will have already come to market probably by the summer time next year.  

I suggested in some previous chats that we could look at a coin like Verge which has gone to a multi algo to address the ASIC's and make the diff higher on ASIC enabled algo's, but they also mine other algo's on the same coin on x15 and x17 if I recall correctly.  So there are ways to address the ASIC threat and keep POW in the picture.  Of course POC I think is very interesting and should be investigated as a serious contender.  That would put a lot of new miners in the mix and change the cost and energy dynamics completely.  

BUT, I don't think anything will happen if they defuse the bomb and are not required to come back to the table to work the issues.  So I am hoping that they will review the roadmap and agree that by 2018 we should be ready to do something for the next gen of ETC and we should re-time the bomb for 2018 to ensure that there is forward momentum.  So that is kinda my though process on this, but I am just a fly on the wall here...  

Leaving the bomb in the chain gives leverage.  If ETC Devs release a fork date to go to a hybrid algo, what will stop miners from refusing to run the new geth?  Forking potentially causes two chains. Leaving the bomb ticking means this chain will eventually die.  
EF gauged it wrong.  They forked way too early.  There's still time in this chain to get a Dev team together and fork away,. like what is happening now. Maybe the players in this game want to be sure everyone will fork to a new chain.  You don't want to leave copies of the world computer kicking around for just anyone to use. Do you?

Maybe they will just take the bomb out, who knows, interesting reading here
http://www.slideshare.net/arcatomia/ethereum-classic-shanghai-products-and-services

ETH has several forks planned and will end up in POS at some point.  It has not been stated when that will happen, but it sounds like it is being pushed out a bit.  I don't know how they can delay because diff for mining ETH is climbing fast so they are forced to do something sooner than I think they are ready to.  There seems to always be a disconnect between the DEV's and the miners.  The DEV's act like they have time, the miners are like.... uuuuummmmm, tick tock tick tock...

Unfortunately for the miners in ETH the time will run out soon enough and they will have to look for greener pastures.

Most of the conversations in ETC have been focused on staying POW.  Some of us are pressing the issue and suggesting that a hybrid of POC or POS needs to be part of the mix or the ASIC's will come in and run the show.  The DEV's don't seem to understand the implications of this even after having it explained they don't understand the peril that BTC is in because of consolidated mining to only the big boys, and consolidated only in places of low costs and low energy costs can compete.  It leaves the entire network at risk.  They don't seem to get it.  I don't know how to convey it to them to understand this.  But we are trying to get the point across.  It is funny that the miners get it but nobody else seems to.  We will have to see what happens next.

At this point I think they will make a hard fork soon enough in ETC to say POW probably by the end of the year.  They do have a road map that outlines the possibility of going hybrid in 2018 I believe.  There are lots of very interesting things being talked about and some people are working hard to make happen.  So there is a lot to look forward to. 

The near term hurdle however is dealing with the difficulty bomb and replay attack issue.  That looks like it will be addressed by the end of the year or very early next year.  We are still waiting for formal announcement to get this on everyones radar.

We will also need to fork at some point but i don't see Ethereum Classic publising a roadmap anytime soon.  Most of the developers are in cells around the world with each cell all working on their own roadmap.  Consensious will have to happen at some point. 

The current responce seems to be, "A roadmap is just an open presentation of goals and things that will be worked on to achieve those goals over time."

I know this is asked a lot, but what happens when ETC is forked? Is there plans for when ETHEREUM is ready for PoS?

I believe the original ETHEREUM roadmap had plans for multiple forks in the original plans. Or perhaps I am mistaken?

I vote we keep the name Ethereum.  Make ETH change their name since they have changed everything else... Now superuser access to change the blockchain...  The never ending revelations and willingness to change in a very bad way with Vitalik and company is really pathetic now.

Next week people will se etc power again.
The pump is coming soon.

I'm hoping that quite all right to ETC ...  

 

Bank of Vitalik anyone? where your coins are backed in full by by the finest, most trustworthy folks in the world. cant go wrong with THAT.

Rebrand in etc is really welcome.
We need all new, we need ethf forget us.
We live in a free world, in a free market, then we need move on

That is why I did not invest in in DAO! I only invest in CODE human resistant code proven to be good enough (BTC, ETC).
I also did not invest in ETF I've been afraid of EF from a start. ETF is not a code is people. Insane people Vitalik and his blind followers, they do not need blockchain they need just database. They are the CODE and I knew it from beginning.
I am not afraid Ethereum (ETC) yet because there is no more Vitalik, EF or insane fiat fanboys who doesnt know what cyber punk means.
I am not afraid ETC community yet but I am watching you I am worried about IOHK influence and pure POS. I will vote with my money, crypto is very liquid.

I agree, however we are at the frontier of this process. I am also hopeful that code can one day run an autonomous governance system within an organisation.

But firstly, there needs to be a way....
where those that don't want to invest in a "leave your wallet on public bench in public open park" kinda investment
don't get their assets trashed when the inevitable happens.

Thanks good to hear this, but any way I do not look for friends here I have my strong opinion and I disagree with some things on ETC webside.
If you make mistake and leave your wallet on public bench in public open park do not expect no one take your wallet and not necessary this person is thief or crook. Those DAO coders made mistake and they should pay the price but they blamed that person who executed their own code! This is sick that DAO and EF are the same people that is why we need human free solutions! That is why we need a code, perfect code.
Imo code in blockchain is the same as in smart contract. No person, justice system, court is perfect and will never be but code can and will be perfect. This is just mater of time. We need to keep improving that code till gets perfect. After that we dont need trust any imperfect human. In blockchain and in smart contracts we tying replace humans with code.

the price of ethereum classic very stable in 2month, high 250.000satoshi low 200.000satoshi , any new news can make ethereum classic rising again? im buying at 370.000 and iam still mining and holw it.

Some very interesting points made by Charles.  A rebrand looks inevitable.  

But he is correct, "Overall, it's been a great two months!"

"Action packed" i would say.  I can't wait to see the movie.   

I was thinking if we had to change our name... we could use

Aetherum Classic as a name.

We could use Aether as the unit of currency with awei, aszabo, afinney as subdivisions

https://en.wikipedia.org/wiki/Aether