Topic: [ANN] Ethereum: Welcome to the Beginning - page 794. (Read 2006413 times)

So, Alex Van De Sande thinks ETC is not worth having!

i dont get it...if they have lost money...go get a lawyer...lol

Looks like they are losing their collective mind.
At [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts pages and pages are filling up with their "ETH mug shot poster".
I'm sure ETC devs c/p experts will be refusing running such dirty code written by scumbags and villains

lol
Seriously this is the time to BUY OR CRY  
This is what ETH needs for its journey to become #1 Crypto.

Please don't disturb those ETC trolls running their ad hominem attacks at this ETH board.  

https://www.cryptocoinsnews.com/ethereum-races-ahead-raidens-implementation-lightning-network/

Brainbot Technologies, a blockchain development, and consulting company, just released the first implementation of the Raiden Network, which, similar to the Lightning Network, is a layer two protocol on top of Ethereum’s blockchain, significantly increasing Ethereum’s transaction capacity from the current estimated 20 transactions per second to tens of thousands.



The first proof of concept version conceptually solves all aspects “and it can work on the current Ethereum blockchain as it is,” according to Heiko Hees, an Ethereum core developer and CEO of Brainbot, with a “hardened” beta version planned for winter 2016.
One can have a decentralized exchange, therefore, run on the Raiden Network, or, machine to machine payments at a global scale as the network scales linearly with the number of participants. If you add another intelligent machine to the network, for example, you are also adding capacity at the same time to such extent that one might say its scalability is as good as unlimited.



To prove the point, a demo of 100,000 transactions per second is planned for the end of August, turning into reality the long spoken dream of microtransactions which could replace or complement advertising and save the publishing industry.



In combination with Ethereum’s plans for on-chain scalability through sharding, the Raiden Network allows ethereum’s public blockchain to handle any imaginable blockchain application, thus solving the scalability problem and shifting the ecosystem’s focus to securing digital currency and to the implementation of many new applications made possible by blockchain’s invention.




So in around 3weeks we could witness something truly revolutionary for all of crypto...WOW, if this is pulled of 1ETH will be over $25 overnight and the buy pressure will be huuuuuuuuuge.    

What's your take on the Ethereum Zcash privacy add-on?

https://www.reddit.com/r/ethtrader/comments/4wamhp/raiden_network_proof_of_concept_is_now_live_huge/?st=iripkdqx&sh=7e92a376
https://github.com/raiden-network/raiden/wiki/Raiden-PoC
http://raiden.network/    wow

Payment-Channel Network for Ethereum

Raiden is a technology that leverages off-chain state networks to extend Ethereum with some nice properties for asset transfers:

    Scalable: it scales linearly with the number of participants (1,000,000+ transfers per second possible) 
    Fast: Transfers are confirmed and final within the fraction of a second
   Confidential: Single transfers don’t show up in the global shared ledger
   Interoperable: Works with any token that follows Ethereum’s standardized token API
    Low Fees: Transaction fees can be 7 orders of magnitude lower than on the blockchain
    Micro-payments: Low transaction fees allow to efficiently transfer tiny values


The technology enabling this is similar to the proposed Bitcoin Lightning Network.
The basic idea is to switch from a model where all transactions hit the shared ledger on the blockchain (which is the bottleneck) to a model where users can privately exchange messages which sign the transfer of value.

Raiden uses a network of p2p payment channels and deposits in Ethereum to preserve the guarantees expected from a blockchain system.
Raiden is implemented as an extension to Ethereum. A Raiden node runs alongside an Ethereum node and communicates with other Raiden nodes to facilitate transfers and with the Ethereum blockchain to manage deposits. It offers a simple API which makes it easy to use Raiden in DApps.
Applications

    Micropayments for content distribution: Alternative to Paywalls, Ads and Subscriptions. (Figure a decentralized youtube where the creators of a video are paid for every second watched)
    Decentralized M2M markets: especially in IoT where tiny chunks of bandwidth, storage, cpu time, energy, sensor data, etc. can be traded.
    Frictionless Token Systems: Game Tokens, Reward Tokens, Private Currencies
    API Access: Accessing and monetizing APIs on a per use basis is at the core of the upcoming Machine-to-Machine economy
    Fast Decentralized Exchanges


Vitalik Buterin: “State channels are an important technology that has the potential to greatly improve the scalability and privacy of many categories of blockchain applications; in conjunction with sharding and other privacy-preserving cryptographic technologies, they are an important ingredient in helping decentralized systems to achieve the properties that mainstream individual and institutional users expect and deserve.”

  

Feel free to report my post. I was just trying to point out that you can't have a default option (other than "not voted") in a yes/no poll UNLESS you want to skew the result. You're grasping at straws my friend. Of course the turnout in the Ethereum fork vote was abysmal, everybody knows that. And the vote turned out to useless because the real decision on which fork to stay with was made simply by using one or the other version of software, which is how blockchain is supposed to work.