Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 707. (Read 2006460 times)

legendary
Activity: 1078
Merit: 1000
December 31, 2016, 11:59:28 AM
That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.

Why would anyone be interested in a crypto-currency that has unlimited supply and can be easily forked at the will of a limited group of bagholders?

lol thanks to you you get it . its not the difficult to understand isnt it .
a unlimitied currency easy to fork and plans to go pos.
sure it will fall in price.
legendary
Activity: 1092
Merit: 1004
December 31, 2016, 09:54:32 AM
Go to the profile of Vitalik Buterin
Vitalik Buterin
15 hrs ago
A Proof of Stake Design Philosophy


https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51#.o6udlyak1




Reads like Casper POS is in the last stage of testing: "hopefully soon Casper PoS "

And, the community is discussing issuance and cost implications of dealing with 51% attacks requiring a post attack fork.

" From here, we can certainly debate tradeoffs between competing values . Do we give ETH a 1% annual issuance rate and get an $50 million cost of forcing a remedial hard fork, or a zero annual issuance rate and get a $5 million cost of forcing a remedial hard fork? When do we increase a protocol’s security under the economic model in exchange for decreasing its security under a fault tolerance model? Do we care more about having a predictable level of security or a predictable level of issuance?"

A proper debating point on the issuance level.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 31, 2016, 09:14:24 AM
Go to the profile of Vitalik Buterin
Vitalik Buterin
15 hrs ago
A Proof of Stake Design Philosophy


https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51#.o6udlyak1


legendary
Activity: 2912
Merit: 1060
December 31, 2016, 08:53:21 AM
I wanted to synchronize my wallet today. But i find out you updated wallet version 15 days ago. I see Ethereum-Wallet-win64-0-8-8.zip in github. But theres no Ethereum-Wallet-win64-0-8-8.exe. May you please explain how to use Ethereum-Wallet-win64-0-8-8.zip to update my current wallet?
When i unpack Ethereum-Wallet-win64-0-8-8.zip and start Ethereum Wallet.exe its just stay stucked at synchronization(96 917 block left)....

Process has been posted on this ANN 100's of time, go back through the thread and read those posts.

Or have a look on youtube, where there are many guides on wallet updates.

Download the zip versions with free standing package, it easier to update that way.

Ethereum-Wallet-win32-0-8-8.zip
Ethereum-Wallet-win64-0-8-8.zip

https://github.com/ethereum/mist/releases

That's the forked version
legendary
Activity: 1092
Merit: 1004
December 31, 2016, 08:44:59 AM
I wanted to synchronize my wallet today. But i find out you updated wallet version 15 days ago. I see Ethereum-Wallet-win64-0-8-8.zip in github. But theres no Ethereum-Wallet-win64-0-8-8.exe. May you please explain how to use Ethereum-Wallet-win64-0-8-8.zip to update my current wallet?
When i unpack Ethereum-Wallet-win64-0-8-8.zip and start Ethereum Wallet.exe its just stay stucked at synchronization(96 917 block left)....

Process has been posted on this ANN 100's of time, go back through the thread and read those posts.

Or have a look on youtube, where there are many guides on wallet updates.

Download the zip versions with free standing package, it easier to update that way.

Ethereum-Wallet-win32-0-8-8.zip
Ethereum-Wallet-win64-0-8-8.zip

https://github.com/ethereum/mist/releases
legendary
Activity: 1092
Merit: 1004
December 31, 2016, 08:39:30 AM
That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.

Why would anyone be interested in a crypto-currency that has unlimited supply and can be easily forked at the will of a limited group of bagholders?

Yes, Ethereum does unlimited scope for progress.

The fork process gives Ethereum the unlimited scope to become the most resistance network to network attacks and unlimited scope for network improvements.

Yes, Ethereum network has unlimited potential to become something amazing Smiley

legendary
Activity: 3431
Merit: 1233
December 31, 2016, 08:13:32 AM
That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.

Why would anyone be interested in a crypto-currency that has unlimited supply and can be easily forked at the will of a limited group of bagholders?
legendary
Activity: 1092
Merit: 1004
December 31, 2016, 05:44:49 AM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.

Well, Ethereum primary function is as a crypto-currency. Therefore, discussing it's current valuation, as to whether it is underpriced, is completely legitimate.

However, most people are quite bored about discussing the primary functions of crypto-currencies and they prefer too spend their time discussing the many secondary purposes that Ethereum could or can be used for.

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.
gosh it  is a world comupter not primary  a currency.....
just go to youtube and put in ethereum for dummies and listen  dr. gavin woods did a good one  vitalik did one

Dear Sir/Madam

These are the youtube clips about the term "World Computer".

https://www.youtube.com/watch?v=j23HnORQXvs

https://www.youtube.com/watch?v=8OLAcUPHuW0

https://www.youtube.com/watch?v=K2fhwMKk2Eg

From everything stated: "World Computer" only means the sum total of all economic and social activities using the Ethereum blockchain technology.

Dr Gavin Wood - is the principle pusher of this PR term: "World Computer".

However, sum total of everything happening on the Ethereum Network is not sum total setting the economic price of Ethereum on the markets.
legendary
Activity: 1078
Merit: 1000
December 31, 2016, 05:28:11 AM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.

Well, Ethereum primary function is as a crypto-currency. Therefore, discussing it's current valuation, as to whether it is underpriced, is completely legitimate.

However, most people are quite bored about discussing the primary functions of crypto-currencies and they prefer too spend their time discussing the many secondary purposes that Ethereum could or can be used for.

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.
gosh it  is a world comupter not primary  a currency.....
just go to youtube and put in ethereum for dummies and listen  dr. gavin woods did a good one  vitalik did one
legendary
Activity: 1164
Merit: 1010
December 31, 2016, 05:18:31 AM
I just realized I have a sizeable amount of ETC in my Eth fork wallet.  What do I need to do to get access to that?  Is it as simple as installing the ETC wallet and importing my Eth seed?

If you want to send the ETH to the exchanges such as Poloniex, you will also send the ETC to it automatically.

Ok, so how do I send specific token? Because I have hundreds of eth in my wallet, but only ~50 etc.  I only want to send the ~50 etc.
member
Activity: 120
Merit: 10
December 31, 2016, 04:32:36 AM
I just realized I have a sizeable amount of ETC in my Eth fork wallet.  What do I need to do to get access to that?  Is it as simple as installing the ETC wallet and importing my Eth seed?

If you want to send the ETH to the exchanges such as Poloniex, you will also send the ETC to it automatically.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 31, 2016, 02:41:36 AM
Why Etherium is the most promising Blockchain technology

http://betanews.com/2016/12/30/etherium-blockchain/

legendary
Activity: 1164
Merit: 1010
December 31, 2016, 12:24:12 AM
I just realized I have a sizeable amount of ETC in my Eth fork wallet.  What do I need to do to get access to that?  Is it as simple as installing the ETC wallet and importing my Eth seed?
legendary
Activity: 1092
Merit: 1004
December 30, 2016, 06:07:11 PM
That's not likely, as time passes the Ethereum Network has added improved Network resistance to attacks, which has not been replicated elsewhere.

Since, August 2016 new feature has been added by Parity team to their client, which has not been replicated elsewhere.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 30, 2016, 04:23:15 PM
i think that ETHF and ETC will have parity in 5-6$....
Why?
Because Vitalik don't like a devided community.....
Its not good for business...
REMEMBER MY WORD
legendary
Activity: 1092
Merit: 1004
December 30, 2016, 02:31:04 PM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.

Well, Ethereum primary function is as a crypto-currency. Therefore, discussing it's current valuation, as to whether it is underpriced, is completely legitimate.

However, most people are quite bored about discussing the primary functions of crypto-currencies and they prefer too spend their time discussing the many secondary purposes that Ethereum could or can be used for.

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.
legendary
Activity: 1078
Merit: 1000
December 30, 2016, 01:21:57 PM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.
legendary
Activity: 1092
Merit: 1004
December 30, 2016, 09:15:13 AM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.

Sounds, like you are talking nonsense!

You've taken nonsense using computer programming jargon and putting it onto this thread for the purposes of trolling.

In an age when huge $10 billion companies and national government departments with over $50 billion budgets have been disrupted in network attacks, I think everyone can agree the developers of Ethereum have been doing an excellent job.

This is how the two major clients for connecting accounts to the network functioned under these network attacks.

The Parity client has had only one problem all year - this was caused by spam of mispriced computational smart contracts in one of the network attacks.

The Geth client has had 3 problems all year - this created by 3 different network attacks from August too October 2016 a) smart contract attack; b) mispriced computational smart contract attack; c) spamming of zero nonce account in the millions with a smart contract. Two of these attacks had no effect on the Parity client.

Investors ETH had not funds stolen in these network attacks, which pretty much means the account system for the Ethereum network is a finished product.

Parity has moved on new and unique features, like Warp speed - when the developers of clients are able to give investors new and unique technologies for the client accessing of account funds, then the account system is definitely a finished article, because that client developer team has the spare time to research, code and test these new technologies.

hero member
Activity: 636
Merit: 500
December 30, 2016, 08:03:22 AM
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
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