Topic: [ANN] Ethereum: Welcome to the Beginning - page 750. (Read 2007101 times)

https://etheres.com

Just a reminder that our 0% fees promotion is still running till the end of October! So get in quick as there are only a few weeks left.

We have found over 100 blocks so far, and over 700 payments have been sent, we have also been open for just over 2 months with no complains and lots of happy miners!

So what are you all waiting for? Come and join us and mine some Ethereum at https://etheres.com!

worth read

Why I’m short Ethereum (and long Bitcoin)


https://medium.com/@tuurdemeester/why-im-short-ethereum-and-long-bitcoin-aee5b1c198fd#.idjdywgzd

For more than two weeks Ethereum has been undergoing a number of Dos attacks which exploit an underlying flaw: “EVM operations are grossly underpriced compared to the rest” – says Wood. The attacker has exploited this “with an inventive array of DoS contracts, all revolving around making clients do more work or consume more memory than the gas the transactions spent pays for,” according to Nick Johnson, Ethereum Go developer which is currently used by most of the network. There have been a number of releases, with the latest today. Johnson states:

“Our approach to fixing the issues has been to reduce the amount of work we do until it’s in line with what the gas actually pays for – optimisations, effectively. The upcoming release has more or less the ultimate in that series of optimisations, by actually journalling all the state changes, so we can play back the journal if we need to revert, rather than having to copy anything at all.”

Wood, however, states that the Dos attacks will “most certainly continue for months” until metropolis when the network is to undergo an upgrade. Wood states:

“The attacker seems happy testing the protocol thoroughly, so they’ll probably continue. A hard fork will fix many of the most grievous problems we know of, though others may be lurking.

I have been calling for a fast hard fork since day 1. It would be around 4 minor changes to the yellow paper and each implementation, yet there has been little movement on it. I just hope the foundation doesn’t hope to bundle these hotfixes in with all the most substantial metropolis feature additions. If they do, then these attacks will almost certainly continue for months.”

Some in the public blockchain space are averse to hardforks, but as this is to fix the protocol, it is unlikely to be controversial with the general public if an overall understanding is reached that a quick hardfork is the best solution. However, it isn’t clear whether there is such understanding. One of the Ethereum developers who replied in time for publishing, Jeffrey Wickle, an Ethereum Go developer, stated that there were no plans for a hardfork:

“We need to revise our gas costs, surely. Doing it quickly isn’t an option.”
It isn’t clear who is launching the attacks which, according to Johnson, have cost the attackers $5,000 to $10,000. The very first was just hours before Devcon2’s opening, suggesting malicious intentions, but their continuation thereafter has had little effect on the market save for taking up devs time and strengthening the network in what some are calling playing whack amole. Emin Gün Sirer, Cornell professor, who has recently been traveling and has not looked at specific proposals to address the dos, stated:

“My guess is that they are sponsored attacks. There’s nothing to gain by launching [those] attacks, yet some people are spending substantial amounts of time on them.”

Bitcoin Core developers have previously stated that bitcoin’s network is very vulnerable to DDos with few defenses available, but in this dos case for Ethereum, Wood states the flaw being exploited by the attacker would “instantly vanish” with a quick hardfork which would:

“ncrease the gas price of certain EVM operations; EXTCODESIZE, EXTCODECOPY, BALANCE and *CALL* according to the amount of work that’s actually happening, in particular regarding database i/o.”

If there is general agreement, a fork could be a non-event as was the case back in March due to its non-controversial nature, but with many moving to Parity, which has an implementation that minimizes the dos effects on node operation, Go Ethereum developers might use the same implementation approach and make do until metropolis.

Parity, however, is also affected and has launched a number of client updates to address the dos, so it is not very clear whether waiting or a quick network upgrade is the best option.

The network is under massive DDoS, so they are not paying out for your safety at the moment. I have requested payment yesterday and it did come through. All transactions are at a slow crawl though. Their pages aren't even reporting blocks being mined, though they are mining just fine. We'll have to wait for the attack to stop, a hard fork, or another workaround.

Well, I think ETC need HF too. Coz of bugs in current version. Hackers can Ddos ETC now.

Ethf needs another hard fork https://www.cryptocoinsnews.com/gavin-wood-calls-quick-ethereum-hardfork-fix-dos-attacks/

After communicate with Vitalik Buterin about BlockCDN project, Vitalik quite identify with the market values of BlockCDN and subversiveness for the CDN industry. Also he believes the BlockCDN could finally turn in to real blockchain project.

The funder of Ethereum, winner of 2014 world IT software technology category, the first genius scientist that defeat the funder of Facebook- Mark Zuckerberg .Vitalik Buterin decides to squeeze some time from his tight schedule to visit BlockCDN team and get to know more detail information.
The whole BlockCDN team are expecting the day 28th, September to come, at the approach of the evening, Vitalik finally shows up at the airport, the team were so excited!

The hotel Vitalik stays in

Travel-stained Vitalik visits BlockCDN team`s office in the morning light of 29th, September
Excited BlockCDN members

Vitalik listens to the project introduction from BlockCDN team carefully

Vitalik gives BlockCDN some very valuable suggestions about BlockCDN and introduces the development direction and optimization solution of Ethereum.

Vitalik still remember to send messages in a short break, may it`s his girl friend:)

Take photos with Vitalik

Vitalik doesn`t like coffee and does love Chinese green tea. But the Chinese medicine of foot bath is not tea

Thanks for the world outstanding IT Genius scientist, appreciate the advices given by him and his attention on BlockCDN, look forward to meeting him again!
More introductions about BlockCDN:
1.   Official website: http://www.blockcdn.org
2.   Whitepaper: http://www.blockcdn.org/pdf.jsp
3.   Videos: http://www.blockcdn.org/video/BlockCDN.mp4
4.   Twitter: https://twitter.com/BlockCDN
5.   Facebook: https://www.facebook.com/blockchaincdn
6.   Chat: https://steemit.chat/channel/blockcdn

Same......

Augur ranks strongly on coinmarketcap and in effect is quoted on several exchanges
i understand there was not any ico ?

dwarfpool have not done payment since 16 hours, any body has same that

agree with this

Is that the way to make wallet sync faster? It is so slow right now

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Augur isn't coming to the exchanges this week, the Augur Reputation token is. Augur itself won't launch for some time yet. It won't be launched in one shot either, it will be rolled out in stages. This is from the Augur FAQ.

http://blog.augur.net/faq-frequently-asked-questions/

Can't get my Rep tokens from Mist wallet! Wallet stuck! under attack 

I have the geth based block chain. If I switch to Parity, can I still use the old chain or need to sync again from the beginning?

Geth is brutal right now, switching to Parity.

Problems, We have a problem..
https://www.reddit.com/r/ethereum/comments/55s085/geth_nodes_under_attack_again_we_are_actively/

Is there an article or blog or something detailing this? I wanna know more!

Because Augur is coming this week to the exchanges, and it's linked to ETH.
If Augur is successful ETH prices will rise.