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Topic: [ANN] Ethereum: Welcome to the Beginning - page 1147. (Read 2006094 times)

full member
Activity: 147
Merit: 100
September 02, 2015, 06:31:21 PM
Can anyone tell me why the genesis is downloading so slow for me?  like 1 mb an hour. 
hero member
Activity: 714
Merit: 500
September 02, 2015, 06:24:05 PM
How long until ETH floor is @ 6  Shocked any guesses?
legendary
Activity: 1090
Merit: 1000
September 02, 2015, 06:21:00 PM
Quote
(4) Design and issue your own cryptocurrency
Create a tradeable digital token that can be used as a currency, a representation of an asset, a virtual share, a proof of membership or anything at all. These tokens use a standard coin API, so your contract will be automatically compatible with any wallet, other contract or exchange also using this standard.

The total amount of tokens in circulation can be set to a simple fixed amount, or fluctuate based on any programmed ruleset.

I guess we don't have enough altcoins.  Now everyone can have their own!  FLOOD THE MARKETS!  Let's make sure that crypto is so unbelievably flooded that it's just going to be one giant cluster and then Big Brother can step in and ban the shit out of them and then make us use their Crypto cause all the other ones have been diluted to shit with algo switches, merged mining and whatever the hell else.

600 + altcoins with at least 52 scamcoins listed on coinmarketcap but let's build a cryptocurrency that lets you build a cryptocurrency ontop of the cryptocurrency.

Not mineable cryptocurrency's are garbage.

Most premined cryptocurrency's are garbage.

All this IPO garbage is more....garbage.

Why don't we just piggy back all the altcoins INTO ETH so that we can just have one giant, centralized umbrella running all of our decentralized coins.

The cryptoworld is getting... laughable.  All these amazing, great and innovative ideas that are supposed to revolutionize an already revolutionized concept. However; instead of building on the concept, let's just fork the shit out of everything.

How many altcoins do we need? Over 9,000?  10,000?  10,000,000?

It seems to me that all the people who missed the Bitcoin Gravy Train are trying to just create their own gravy train.  Have many of these amazing developers tried to develop for bitcoin?  Did the Bitcoin Foundation turn you down so you had no choice?  

Also;  as for developers getting paid -- You guys are creating (or at least trying to create) a currency and then saying you deserve to get paid for your hard work through our support but yet I don't really see a thread that begs for developers to crap out a new altcoin every week.  Pretty sure we have plenty of currency floating around.

And if Bitcoin has "problems" that should be "fixed" why not fix the problems that Bitcoin has instead of making an entirely new currency?

It makes me think in 5 years I go to buy a starbucks coffee and i'm cycling through my smartphone for the 7000 crypto wallets I have to find the one they accept as payments.

(Some sarcasm was implied here -- However; in my defense, taken directly from CoinMarketCap: 617 Currencies / 53 Assets / 1956 Markets)

617 currencies is pretty freakin sarcastic.

Are there even 617 fiat currencies in existence?  If there aren't, 617 crypto currencies is a clear indication of straight up sarcasm and dilution.

Concept is nice... dilution isn't.

I love this post!
legendary
Activity: 924
Merit: 1000
September 02, 2015, 06:04:52 PM
Quote
(4) Design and issue your own cryptocurrency
Create a tradeable digital token that can be used as a currency, a representation of an asset, a virtual share, a proof of membership or anything at all. These tokens use a standard coin API, so your contract will be automatically compatible with any wallet, other contract or exchange also using this standard.

The total amount of tokens in circulation can be set to a simple fixed amount, or fluctuate based on any programmed ruleset.

I guess we don't have enough altcoins.  Now everyone can have their own!  FLOOD THE MARKETS!  Let's make sure that crypto is so unbelievably flooded that it's just going to be one giant cluster and then Big Brother can step in and ban the shit out of them and then make us use their Crypto cause all the other ones have been diluted to shit with algo switches, merged mining and whatever the hell else.

600 + altcoins with at least 52 scamcoins listed on coinmarketcap but let's build a cryptocurrency that lets you build a cryptocurrency ontop of the cryptocurrency.

Not mineable cryptocurrency's are garbage.

Most premined cryptocurrency's are garbage.

All this IPO garbage is more....garbage.

Why don't we just piggy back all the altcoins INTO ETH so that we can just have one giant, centralized umbrella running all of our decentralized coins.

The cryptoworld is getting... laughable.  All these amazing, great and innovative ideas that are supposed to revolutionize an already revolutionized concept. However; instead of building on the concept, let's just fork the shit out of everything.

How many altcoins do we need? Over 9,000?  10,000?  10,000,000?

It seems to me that all the people who missed the Bitcoin Gravy Train are trying to just create their own gravy train.  Have many of these amazing developers tried to develop for bitcoin?  Did the Bitcoin Foundation turn you down so you had no choice?  

Also;  as for developers getting paid -- You guys are creating (or at least trying to create) a currency and then saying you deserve to get paid for your hard work through our support but yet I don't really see a thread that begs for developers to crap out a new altcoin every week.  Pretty sure we have plenty of currency floating around.

And if Bitcoin has "problems" that should be "fixed" why not fix the problems that Bitcoin has instead of making an entirely new currency?

It makes me think in 5 years I go to buy a starbucks coffee and i'm cycling through my smartphone for the 7000 crypto wallets I have to find the one they accept as payments.

(Some sarcasm was implied here -- However; in my defense, taken directly from CoinMarketCap: 617 Currencies / 53 Assets / 1956 Markets)

617 currencies is pretty freakin sarcastic.

Are there even 617 fiat currencies in existence?  If there aren't, 617 crypto currencies is a clear indication of straight up sarcasm and dilution.

Concept is nice... dilution isn't.

Thanks. Reading that was a good laugh and yes 99.9% of the crapcoin are garbage. Just ignore the lot and focus on the quality coins...or should it be coin.
hero member
Activity: 732
Merit: 500
September 02, 2015, 04:50:57 PM
same network, high diff. strange situation Smiley
legendary
Activity: 1901
Merit: 1024
September 02, 2015, 04:40:48 PM
This is probably been asked before, but I'll ask anyways: How long is the POW period? Approximately, how many Ether will be created during the POW period?

A Ethereum clone has already made a GUI wallet, SHIFT.


No. GUI wallet fork from Etherwall - is a free software Ethereum Wallet released under the GPLv3. http://www.etherwall.com/

Looks like you did not know Shift team done that wallet  Grin
Almindor is part of shift team

Also shift is fair fork with just 250K premine not like ethereum with 98% and 70+ millions!

So eth -> ripple
shift -> LTC
legendary
Activity: 1974
Merit: 1160
September 02, 2015, 04:24:22 PM
This is probably been asked before, but I'll ask anyways: How long is the POW period? Approximately, how many Ether will be created during the POW period?

A Ethereum clone has already made a GUI wallet, SHIFT.


No. GUI wallet fork from Etherwall - is a free software Ethereum Wallet released under the GPLv3. http://www.etherwall.com/
full member
Activity: 164
Merit: 100
September 02, 2015, 03:08:51 PM
Wow...that was a quick response!  Is it a safe and secure GUI?

i used alethzero to reclaim my coins bought at ipo and checked out the ethereum wallet on their blog i didn't do any transaction but there was no sign of any danger...
legendary
Activity: 1176
Merit: 1017
September 02, 2015, 03:05:16 PM
Wow...that was a quick response!  Is it a safe and secure GUI?
legendary
Activity: 1176
Merit: 1017
September 02, 2015, 02:59:40 PM
GUI wallet any time soon?  What a pain...

Agree...it's a lot to get used to all at once.
hero member
Activity: 756
Merit: 500
September 02, 2015, 01:45:12 PM
GUI wallet any time soon?  What a pain...
hero member
Activity: 601
Merit: 500
September 02, 2015, 01:40:05 PM
How big is the genesis block? Just curious.

I think you meant the complete blockchain - currently around 600 MB
legendary
Activity: 2688
Merit: 1240
September 02, 2015, 01:30:11 PM
What's wrong with suprnova  Huh

What problem have you got ? Everything is ok on my side.
full member
Activity: 347
Merit: 100
September 02, 2015, 01:28:48 PM
What's wrong with suprnova  Huh
legendary
Activity: 1901
Merit: 1024
September 02, 2015, 12:02:41 PM
Has anyone succeeded to mine with GPUs of 1GB??

I'm aware that eth/shift GPU mining need at least 2GB of RAM...but still...Lots of coders here made miracles already, why not succeed with 1GB GPUs.


Its same hashing algo so NO
legendary
Activity: 1274
Merit: 1006
September 02, 2015, 09:46:29 AM
Has anyone succeeded to mine with GPUs of 1GB??

I'm aware that eth/shift GPU mining need at least 2GB of RAM...but still...Lots of coders here made miracles already, why not succeed with 1GB GPUs.
hero member
Activity: 812
Merit: 1000
September 02, 2015, 07:03:52 AM
This is probably been asked before, but I'll ask anyways: How long is the POW period? Approximately, how many Ether will be created during the POW period?

A Ethereum clone has already made a GUI wallet, SHIFT.


ETH does have a GUI wallet, AlethZero. see https://github.com/ethereum/homebrew-ethereum

I havent used it and I suppose you need some skill to install it, tho not a great deal. I am not sure if it works for all platforms/OSs either. I heard about an unofficial java wallet but will not use any wallets unless blessed by the team. I am quite certain many wallets wil begin to appear in the following days/weeks. I would happily pay a few ETH for a nice one.

In the meantime I use geth and the few java commands i need to check balance, send etc. Perhaps a tutorial is in order.

IIRC the team has tentatively suggested they might go PoS after 12 months of PoW (expected to mine ~12 million ETH n the next 12 months iirc). HOWEVER these plans might change and I personally would not object to the PoW mining phase lasting even longer. Miners help build a community. It is worth remembering Etehreum is still in alpha phase and the devs are learning the nature of this 'Etehr' as the network evolves. I know nothing of SHIFT and I am too focused on Ethereum to pay it any attention at this time.
hero member
Activity: 518
Merit: 500
September 02, 2015, 06:03:52 AM
This is probably been asked before, but I'll ask anyways: How long is the POW period? Approximately, how many Ether will be created during the POW period?

A Ethereum clone has already made a GUI wallet, SHIFT.
full member
Activity: 147
Merit: 100
September 02, 2015, 05:41:55 AM
How big is the genesis block? Just curious.

Also - Is there a way to store the genesis block on an external drive?  -datadir didn't work for me. 
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