ETH is long term
50+ USD mid term
Topic: [ANN] Ethereum: Welcome to the Beginning - page 1036. (Read 2006108 times)
homestead RC1 is out
is that mean mining will stop completely soon ?
My understanding is that mining will continue as POS after a switch from the current POW mechanism.
The transfer to PoS is planned by the end this this year. It might be delayed. As the Ethereum was delayed many times.
Nice, Ethereum increasingly expensive.
homestead RC1 is out
is that mean mining will stop completely soon ?
My understanding is that mining will continue as POS after a switch from the current POW mechanism.
There is some sort of proposed mechanism that will make the POW mining extremely difficult at the same time a POS algorithm (called Casper) is launched. So I think there will be a period where Ethereum is both POW and POS, but the idea is that POW mining should come to an end very quickly because it will not be possible to profit. I'm not really sure if POW will eventually be disabled entirely, but that would seem to make sense.
Also this mechanism does not currently exist, its simply been proposed, although its pretty likely the developers have at least some of the working code done already. I've seen a lot of dates floated around but the truth is the software as proposed, doesn't exist yet. Setting a date would be pointless right now because its just not close enough for public deployment. I imagine it will happen by the end of 2016, or early 2017 at the latest.
homestead RC1 is out
is that mean mining will stop completely soon ?
My understanding is that mining will continue as POS after a switch from the current POW mechanism.
homestead RC1 is out
is that mean mining will stop completely soon ?
It's like you guys are playing wow but with a super-light client i.e. a wallet that holds only gold. Sure you can trade or HODL it to your hearts content and enjoy the profits in fiat from such endeavors but you've missed the game completely. Those that gloss over the exchange graphs and see only "money" are completely missing the technical miracle that's occurring before them.
Gratz on the market today, seems like you guys have high goals.
$6.01 | ฿0.0144
Welcome to the Beginning
Welcome to the Beginning
homestead RC1 is out
Which Exchange is best for buying/Selling ETH?
shapeshift.io
anonymous and pretty fast, ETH to BTC
from shapeshift.io:
Quote
WARNING: Ether is currently in its “Frontier” phase, which is highly experimental. Ether transactions (on both ShapeShift and other exchanges) will take 3 hours to confirm (and your exchange rate isnt determined until that confirmation happens) The only exception is if you use our “specific amount” feature (in which case we will lock your rate for 10 minutes as long as we receive the ether within those 10 minutes, but it will still take 3 hours to receive your BTC on the other end). Consider Ether highly risky during Frontier – no guarantees are made about anything, whatsoever.
lol
They have to put that there, as a disclaimer. But that doesn't mean that their services don't work flawlessly. I have used them several times and have exchanged about 5 BTCs worth so far. Never had any problems!
Why 3 hours...? That's something like ~600 confirmations. Seems rather excessive.
It takes pretty much same amount of time to deposit to Poloniex. It takes 375 confirmations to deposit to Kraken. Don't forget that we are still in Frontier. This will change with Homestead.
Hmm - this from Boost VC article
"It really wasn’t until some of them approached us and said they were switching off of Bitcoin to Ethereum because of ease of use and a robust toolkit.'
"Ethereum is now being considered by everyone who is looking at or currently building a [Suspicious link removed]pany."
PS: Pumperitis, you could be posting that face/wall GIF for years to come, can you make it any smaller?
"It really wasn’t until some of them approached us and said they were switching off of Bitcoin to Ethereum because of ease of use and a robust toolkit.'
"Ethereum is now being considered by everyone who is looking at or currently building a [Suspicious link removed]pany."
PS: Pumperitis, you could be posting that face/wall GIF for years to come, can you make it any smaller?
How do they solve the problem of fast block size increase? Its size is over 9 Gigabytes now. That is a lot.
Hmm - this from Boost VC article
"It really wasn’t until some of them approached us and said they were switching off of Bitcoin to Ethereum because of ease of use and a robust toolkit.'
"Ethereum is now being considered by everyone who is looking at or currently building a blockchain company."
PS: Pumperitis, you could be posting that face/wall GIF for years to come, can you make it any smaller?
"It really wasn’t until some of them approached us and said they were switching off of Bitcoin to Ethereum because of ease of use and a robust toolkit.'
"Ethereum is now being considered by everyone who is looking at or currently building a blockchain company."
PS: Pumperitis, you could be posting that face/wall GIF for years to come, can you make it any smaller?
https://twitter.com/4YFN_MWC/status/702180445170098176
And the winner for the #4YFN Awards #IoT is.... @slockitproject Well done guys!!
"The 4YFN Awards is the world's largest startup competition on mobile technologies and business models which will benefit the lives of digital entrepreneurs and will highlight the most promising projects. International media, global investors, innovation directors and potential clients will be attending the 4YFN Awards looking for the world´s top startups. The chosen 24 finalists will travel to Barcelona to pitch to investors, media, potential clients and the best qualified jury of experts, but only 3 will be the best 4YFN mobile startups of the year."
Congrats @slockitproject - winner of this years @4YFN_MWC awards - internet of things! #MWC16
slockit ip.....https://www.reddit.com/r/slockit/comments/4373br/will_there_be_an_announcement_when_the_crowdsale/
count me in guys
"to insure that everyone gets to participate at the best rate possible. For this we'll make sure the sale duration is at least a month, and we'll keep the price of Slock token the same for say, a week and half. This way, only people who went offline for an entire week and half would be a (slight) disadvantage. If this sounds familiar, it should, as it's also how Ethereum proceeded.
As I mentioned in my blog today, DAO smart contracts can only currently hold ether, so the most direct way to participate will always be through ether" Founder Slockit.
https://www.youtube.com/watch?v=09R8_2nJtjg&ebc=ANyPxKryitE5AIxUvNk1WHALgCQEfh35JoF2avFmIXUbpVaHs9fnqH45vyoPLnQfdY4Sxku_ExhzMrlPeXwrhO4rsaPB_6z3sw Maroon 5 - Sugar
https://www.reddit.com/r/ethereum/comments/479p58/kryptokit_launches_jaxx_ethereum_bitcoin_wallet/
Anthony from Kryptokit here. Today, our new cross-platform Ethereum & Bitcoin wallet, Jaxx, launches in Android Tablet format. In keeping with the other versions of Jaxx, the Android tablet version offers a single-page, intuitive UI, with the added benefit of a new landscape layout that takes full advantage of the larger screen dimensions. We’ve also updated all other versions of Jaxx (iOS mobile and tablet, Android mobile, Chrome and Firefox extensions) to 0.0.9 with the latest fixes.
As we continue to unify the Bitcoin and Ethereum experience across devices, the Android tablet version marks the sixth Jaxx release. The next phase of our roll-out will be the simultaneous launch of three desktop versions: Windows, Mac, and Linux on Feburary 25th, two days from now.
Anthony from Kryptokit here. Today, our new cross-platform Ethereum & Bitcoin wallet, Jaxx, launches in Android Tablet format. In keeping with the other versions of Jaxx, the Android tablet version offers a single-page, intuitive UI, with the added benefit of a new landscape layout that takes full advantage of the larger screen dimensions. We’ve also updated all other versions of Jaxx (iOS mobile and tablet, Android mobile, Chrome and Firefox extensions) to 0.0.9 with the latest fixes.
As we continue to unify the Bitcoin and Ethereum experience across devices, the Android tablet version marks the sixth Jaxx release. The next phase of our roll-out will be the simultaneous launch of three desktop versions: Windows, Mac, and Linux on Feburary 25th, two days from now.
Which Exchange is best for buying/Selling ETH?
shapeshift.io
anonymous and pretty fast, ETH to BTC
from shapeshift.io:
Quote
WARNING: Ether is currently in its “Frontier” phase, which is highly experimental. Ether transactions (on both ShapeShift and other exchanges) will take 3 hours to confirm (and your exchange rate isnt determined until that confirmation happens) The only exception is if you use our “specific amount” feature (in which case we will lock your rate for 10 minutes as long as we receive the ether within those 10 minutes, but it will still take 3 hours to receive your BTC on the other end). Consider Ether highly risky during Frontier – no guarantees are made about anything, whatsoever.
lol
They have to put that there, as a disclaimer. But that doesn't mean that their services don't work flawlessly. I have used them several times and have exchanged about 5 BTCs worth so far. Never had any problems!
Why 3 hours...? That's something like ~600 confirmations. Seems rather excessive.
Which Exchange is best for buying/Selling ETH?
shapeshift.io
anonymous and pretty fast, ETH to BTC
from shapeshift.io:
Quote
WARNING: Ether is currently in its “Frontier” phase, which is highly experimental. Ether transactions (on both ShapeShift and other exchanges) will take 3 hours to confirm (and your exchange rate isnt determined until that confirmation happens) The only exception is if you use our “specific amount” feature (in which case we will lock your rate for 10 minutes as long as we receive the ether within those 10 minutes, but it will still take 3 hours to receive your BTC on the other end). Consider Ether highly risky during Frontier – no guarantees are made about anything, whatsoever.
lol
They have to put that there, as a disclaimer. But that doesn't mean that their services don't work flawlessly. I have used them several times and have exchanged about 5 BTCs worth so far. Never had any problems!
why do people set bots to make 100s of tiny trades on market?
The price has risen to recent high now. Will it go pass the all time high again in the near future?
It could exist the possibility of doing so, now that ETH is gaining more traction on different exchanges, not to mention it is getting even more attention than usual. The way I see how ETH's price moves positively, is a good sign that it might be worth a whole lot more than what it is right now. I am hoping that we will be able to see price of $10+ for ETH in the next. Just wait and see.
P.S. Comparing BTC and ETH's price movement, ETH is mostly going towards a positive trend while Bitcoin is declining most of the times. I just found that by analyzing Coinmarketcap's charts.
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