Topic: [ANN] Ethereum: Welcome to the Beginning - page 1135. (Read 2006108 times)

Because the Ethereum developers aren't experienced altcoin devs. This was their first altcoin. They have no connections in this industry. No one on the Ethereum team knew anything about how to launch a coin. They used a horrible difficulty adjustment algorithm. They had 0 pools at launch. They did PoW instead of PoS.

I have read the Ethereum code and it is quite basic. It's very similar to Bitcoin. I was really hoping for more from Ethereum but it looks like they just reinvented the wheel and added in a new feature. It's heavily over priced right now.

They ripped off people. I have no idea where that $18,000,000 went that they raised. This project could have been built for $2,000,000 and 8 programmers. They then premined a bunch of coins for the developers even though they got paid $18,000,000 already.

They should have gone PoW & PoS hybrid but they weren't smart enough to build such a thing. They now had to hire the guy who invented Synereo to help them make Ethereum better.




I could never recommend selling Ethereum if you own it because it has such big potential but I'm definitely looking for the next big project that can deliver on expectations. Synereo looks like the next big thing as of right now but after researching them more they are big supporters of NATO (No Action Talk Only).

Lets see a rebound now

ethereum.org.

Im a dev, where could i find info about service develop?

https://blog.ethereum.org/2015/09/28/the-evolution-of-ethereum/

"there are some difficult challenges that remain: some technical, some organizational, and some of almost every kind. The core of the problem is simple. Up until fairly recently, almost all of the work that has been done on the Ethereum project has been done by subsidiaries of the foundation. In the future, however, although the foundation and its subsidiaries are going to continue to take on a strong and leading role, it will be the community that will gradually be the primary driver in making it succeed. "

"First of all, it is indeed true that the foundation’s finances are limited, and a large part of this was the result of our failure to sell nearly as much of our BTC holdings as we were planning to before the price dropped to $220; as a result, we suffered roughly $9m in lost potential capital , and a hiring schedule that was meant to last over three years ended up lasting a little under two (although bolstered by a “second wind” from our ETH holdings)."

"The foundation and its subsidiaries alone simply do not have the manpower to push the entirety of this vision through to its ultimate completion"

"In the near future, there will be several more non-profit and for-profit entities emerging in and around the space, some with the involvement of Ethereum team members"

"a substantial number of Ethereum foundation subsidiary staff is going to be moving over to the rapidly growing for-profit Ethereum ecosystem"

too bad, site looked decent when i saw it initially.. glad i didnt use it and glad to know it wasn't truly secure.

stolen coins maybe?

I don't get it who is selling all their ETH.
ETH is 0.0025 now and heavy selling is going on.

Looks like there are some scam accusations:
https://bitcointalksearch.org/topic/m.12499230

what happened to this online wallet?

Anybody here have any thoughts on how Augur will affect Ethereum's valuation, if at all?

Ive seen the post now. Thanks...
Wridraw boton will be implemented on monday...
I trust suprnova

To show everyone we're still alive and kicking, we're offering a 10% bonus reward on each block mined for the next 48 hours! If all goes well, we plan on doing this every week.

Check us out here: http://weipool.org/

Everything is a scam in the meanwhile

Maybe you wait 1-2 days, there is a thread here:

https://bitcointalk.org/index.php?topic=1187213.20

Their support/dev is probably offline at the weekend

http://rigs.online/ is a scam....
i saw it on supernva link that we could rent our eth rigs, so i rent my own 130mhs,
now i cant find wridraw boton, already ask by contact form to wridraw and until now nothing, no money no reply....just nothing....
what a scam

What I said on the beginning. It is a normal development. Ethereum was hyped extremely. Then they released a software what is not useable for most users. Nobody invests into a coin when (s)he doesn't have a working client. Most do not have the technical skills for all the console stuff. Further, the inflation rate plays a role, too. It seems that most have not realized yet that there is a high inflation (much higher than Bitcoin) what causes a naturally price decline. My prediction was a few weeks ago, that the fair market cap of Ethereum is around 30 million at the moment.

Yes.

Well, it's a good time to buy when the price is low.
ETH has not showed its power yet, but you can be sure that sometime down the road, the average joe will learn about it.

DAPPs are already a great pilar, but wait for these two ones and people will understand just how powerful is ETH:

EtherBrowser: the upcoming primary client for Ethereum, which will exist in the form of a web browser that can be used to access both normal websites and applications built on top of the Ethereum platform

Swarm: an upcoming P2P data storage protocol optimized for static web hosting that will be integrated into the EtherBrowser

Missed eth ico last year. 

We're very much interested in adding Dagger hashimoto Ethereum-based algorithm to NiceHash. We have actually already spent quite some time on researching this matter. The issue is that Ethereum want their own way with mining protocol and they only included Getwork-like protocol for mining. There is no stratum support and therefore including Dagger Ethereum-based algorithm into our service is not trivial (that's also the reason why there aren't any decent renting service available whatsoever). Basically there are two options:

1. Either Ethereum includes stratum protocol into their stack: we have already been asking the community https://forum.ethereum.org/discussion/3068/stratum-support-for-pooled-mining-support-decentralization#latest -> zero response; and we've also contacted StephanTual of Ethereum, he said he will check with devs, but there was no further response. (see also here: https://github.com/ethereum/cpp-ethereum/issues/43)

2. Someone writes Ethereum's Getwork-like -> Stratum mining protocol proxy. That would require some programming effort, but is doable. If this proxy would exist, then the system would work like this:


This would yield significant boost to any Dagger hashimoto Ethereum-based coin since NiceHash is by far the most widely used system for renting and buying hashing power.

Think about our proposals and let us know if you can find someone for the Dagger stratum-proxy job ... we're even willing to finance the development.