Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 804. (Read 2007101 times)

legendary
Activity: 1078
Merit: 1000
i just watched this show:
https://youtu.be/OGGW9ozE-ys?list=PLPQwGV1aLnTs1Ct0aZR7nKNaHHM8WAeAZ

and while watching it i get the impression that ETH will not run by ethical standards one of the eth guys said they will fork any time they think its nesseary and the mayority rules but this fork now showed its the mayority of power not the mayority of people.

etc  has a lot of open quetions. every one can see that. but then etc is just a couple of weeks old. sort of abondoned from its father and familie suddenly . not even ment to stay alive.
i think with time a lot of devs will see the options etc gives
first pow vs pos
same chain
that will be interesting
or vote system

for me personaly eth acts brutal
sort of if you are not with us you are against us

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!

Yeah, Bitcoin was 1st crypto coin - there was no choice.

Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice?

Business minded people will not build a business on a Network, which does not care about criminal activity.

Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
this is bs

immutability would be gold standard
what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ?
happend to all the child daos they call it now colaterals

some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork.
and the fork didnt do good to all of us


Quite wrong!

Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.

A Network, that does care about criminal activity, is a Network no-one will want to build a business on.

ETC statistics of not caring about criminal activity are:

1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.

2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.


You do realize that the "replay theft" (where did you get the 7.5m figure?) was a combination of the hasty hardfork and the ineptitude of some exchanges and/or users? Is ETH going to roll that back too? Because that's what you seem to be suggesting. ETC doesn't care, but ETH the crime-fighting network does, so they fork again now?
legendary
Activity: 1078
Merit: 1000
Quote
Quite wrong!

Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.

A Network, that does care about criminal activity, is a Network no-one will want to build a business on.

ETC statistics of not caring about criminal activity are:

1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.

2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.

There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath?

Last years BTC's price slumped below $173 dollars.

Clearly, not caring about criminal activity, has and does wipe Billions of dollars off a crypto currencies Market Capitalisation.

 



wake up
crime will always harm here and there
eth ´s fork did not change that but payed the  to big to fail there investment back

but integrity has value
legendary
Activity: 1092
Merit: 1004
Quote
Quite wrong!

Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.

A Network, that does care about criminal activity, is a Network no-one will want to build a business on.

ETC statistics of not caring about criminal activity are:

1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.

2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.

There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath?

Last years BTC's price slumped below $173 dollars.

Clearly, not caring about criminal activity, has and does wipe Billions of dollars off a crypto currencies Market Capitalisation.

 

legendary
Activity: 1134
Merit: 1008
CEO of IOHK
Quote
Quite wrong!

Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.

A Network, that does care about criminal activity, is a Network no-one will want to build a business on.

ETC statistics of not caring about criminal activity are:

1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.

2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.

There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath?
legendary
Activity: 1092
Merit: 1004
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!

Yeah, Bitcoin was 1st crypto coin - there was no choice.

Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice?

Business minded people will not build a business on a Network, which does not care about criminal activity.

Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
this is bs

immutability would be gold standard
what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ?
happend to all the child daos they call it now colaterals

some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork.
and the fork didnt do good to all of us


Quite wrong!

Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.

A Network, that does care about criminal activity, is a Network no-one will want to build a business on.

ETC statistics of not caring about criminal activity are:

1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.

2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.
legendary
Activity: 1078
Merit: 1000
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!

Yeah, Bitcoin was 1st crypto coin - there was no choice.

Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice?

Business minded people will not build a business on a Network, which does not care about criminal activity.

Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
this is bs

immutability would be gold standard
what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ?
happend to all the child daos they call it now colaterals

some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork.
and the fork didnt do good to all of us
legendary
Activity: 3431
Merit: 1233
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!

Yeah, Bitcoin was 1st crypto coin - there was no choice.

Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice?

Business minded people will not build a business on a Network, which does not care about criminal activity.

Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
Ethereum is not money. It is fuel for smart contracts. By bailing out DAO investors forkers degraded this fuel to a poisonous mixture concocted by Ethereum central bankers.
legendary
Activity: 1092
Merit: 1004
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!

Yeah, Bitcoin was 1st crypto coin - there was no choice.

Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice?

Business minded people will not build a business on a Network, which does not care about criminal activity.

Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
legendary
Activity: 3431
Merit: 1233
Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.

lol
Money doesn't care about criminal activity!
Money is Neutral with N like in Nature.
Does Nature care about criminal activities?

If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good!

A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money!
legendary
Activity: 2856
Merit: 1075
Those that keep going on about emootabillety lol understand Blockchain for BTC...they dont understand ETC blockchain...it does things differently, also the dao coins that were stolen could only be retreived because there was a 30+day withdraw limit. Changing this single tranasction was different because it did not require the entire rollback of the ETH chain and miner fees were not involved.
legendary
Activity: 1092
Merit: 1004
I think people investing in ETC have a poor grasp on what adds value to every tool or service ever created.

So, I will put this into a binary explanation:

Direction A: removes flaws or aspects that reduce the value of the tool or service.

Direction B: add new features or improvements to the that tool or service.

Because Ethereum is a crypto currency, Direction A and Direction B will frequently require hard forks and soft forks, otherwise increases in the value of that tool or service can never happen.

I really don't think a crypto currency that never does any hard forks or soft forks will have any scope to increase its' fundamental value, because it will have very little scope to do either Direction.


  

Forks aren't the issue and this is what I mean, completely clueless...the issue is forking and altering transactions and fucking up the integrity of the blockchain. Not sure why that's so hard to understand, I guess because you just don't fuckin get it. Unless that's what your big "adding value" plan is lol!!?

The fork actually enhance the integrity of block chain. Many people do not want to see the stolen funds in the chain.

Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
full member
Activity: 148
Merit: 100
I think people investing in ETC have a poor grasp on what adds value to every tool or service ever created.

So, I will put this into a binary explanation:

Direction A: removes flaws or aspects that reduce the value of the tool or service.

Direction B: add new features or improvements to the that tool or service.

Because Ethereum is a crypto currency, Direction A and Direction B will frequently require hard forks and soft forks, otherwise increases in the value of that tool or service can never happen.

I really don't think a crypto currency that never does any hard forks or soft forks will have any scope to increase its' fundamental value, because it will have very little scope to do either Direction.


  

Forks aren't the issue and this is what I mean, completely clueless...the issue is forking and altering transactions and fucking up the integrity of the blockchain. Not sure why that's so hard to understand, I guess because you just don't fuckin get it. Unless that's what your big "adding value" plan is lol!!?

The fork actually enhance the integrity of block chain. Many people do not want to see the stolen funds in the chain.
sr. member
Activity: 448
Merit: 252
Follow us on our new account ShapeShift.com
Looking for a way to clean your ETH and ETC? Check out our brand new ShapeShift Ethereum Splitter! As seen on The Merkle: http://themerkle.com/shapeshift-introduces-new-ethereum-splitter-tool/

Or go straight to our blog post with directions: https://info.shapeshift.io/blog/2016/08/03/shapeshift-releases-ethereum-splitter-cleanly-separate-eth-and-etc

hero member
Activity: 494
Merit: 500
Devcon2 in 1month......eat a dick ETC.
legendary
Activity: 1974
Merit: 1160
legendary
Activity: 1078
Merit: 1000
You're promoting a scam website
lol how do you know that? so your the judge? why not let the traders decide what it is? so much for immutability lol more like mute

im sorry but etc has SCAM written all over it.


The irony of that ETC thread is .. up there..


He really wants a immutable coin, but a very very mutable thread.

o_O

Immutability is just an excuse to pump and dump the ETC. I reckon the ETC will be dumped before the hacker's dump.

Stay, convert to ETC or BTC all bad choices ATM. You guys have the roof collapsing and don't know whre to find cover.

According to public information ETC is using the ETH blockchain up to the fork at block 1920000.

The ETH foundation has 12 million ETH too pay for future developments.

Therefore, because ETC is using the same blockchain up to the fork, it stands to reason that the ETH Foundation has 12 million ETC and it can sell these off on the exchanges to fund the development of Ethereum.

Therefore, I would like to thank ETC investors for helping to fund the future development of ETH.


I don`t understand how did you figured it out that they have 12 000 000 ETC. Can you show us the address or something? As of this moment Ethereum foundation officially have in their wallet around 1 million ETH. Explain it to us.

BTW: everybody with 2 alive brain cells can figure it out that ETC is just a quick profit and maybe in month or two ETC will be crap. It is not serious to talk about this coin in long term. But for now we don`t mind to make some free BTC on the back of stupid people who demand to be shaken.

Last time, I researched Ethereum Specs, it came up with this returned google search as:

60 million ETH sold in a crowdfunding sale.

12 million ETH, set aside for Ethereum Foundation.

18 million ETH, set aside for POW stage (current stage).

Max coins supply, before POS is 90 million ETH.

POS implementation aimed toward 0% inflation.









That was way before the fork. Here are the real numbers https://etherscan.io/accounts. 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae - (EthDev). As I have mansion they have some more than 1 mill. Even it was a little bit more at the moment of the fork, I don`t think it was much more than 1 mill and 500K. So I assume they have no more than 1 mill and 500K ETC. Nevertheless, I like all the FUD around ETC, cause it is a base for shakedowns of stupid people that believe in ETC and all crap coins like it. This is pure free easy BTC and ETH for me. I thank them all.
P.S. Look ATM. It was easy to buy ETH at 8 EUR price tag 2 days ago. Now is 10. After all the events it will be at the price tag before the hack. Meanwhile ETC will be shaken down another 4-5 times and then many stupid people will be left with their hands in their ..... to look out for dev or something, I don`t know. lol.

psss psss how hateful why so upset about a freemarket to decide ?
and you forget most etc holders are also eth holders

smile and most for sure do have btc
there is no black and white in this

so calm donw..... relax let the market decide ...........

sr. member
Activity: 406
Merit: 250
You're promoting a scam website
lol how do you know that? so your the judge? why not let the traders decide what it is? so much for immutability lol more like mute

im sorry but etc has SCAM written all over it.


The irony of that ETC thread is .. up there..


He really wants a immutable coin, but a very very mutable thread.

o_O

Immutability is just an excuse to pump and dump the ETC. I reckon the ETC will be dumped before the hacker's dump.

Stay, convert to ETC or BTC all bad choices ATM. You guys have the roof collapsing and don't know whre to find cover.

According to public information ETC is using the ETH blockchain up to the fork at block 1920000.

The ETH foundation has 12 million ETH too pay for future developments.

Therefore, because ETC is using the same blockchain up to the fork, it stands to reason that the ETH Foundation has 12 million ETC and it can sell these off on the exchanges to fund the development of Ethereum.

Therefore, I would like to thank ETC investors for helping to fund the future development of ETH.


I don`t understand how did you figured it out that they have 12 000 000 ETC. Can you show us the address or something? As of this moment Ethereum foundation officially have in their wallet around 1 million ETH. Explain it to us.

BTW: everybody with 2 alive brain cells can figure it out that ETC is just a quick profit and maybe in month or two ETC will be crap. It is not serious to talk about this coin in long term. But for now we don`t mind to make some free BTC on the back of stupid people who demand to be shaken.

Last time, I researched Ethereum Specs, it came up with this returned google search as:

60 million ETH sold in a crowdfunding sale.

12 million ETH, set aside for Ethereum Foundation.

18 million ETH, set aside for POW stage (current stage).

Max coins supply, before POS is 90 million ETH.

POS implementation aimed toward 0% inflation.









That was way before the fork. Here are the real numbers https://etherscan.io/accounts. 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae - (EthDev). As I have mansion they have some more than 1 mill. Even it was a little bit more at the moment of the fork, I don`t think it was much more than 1 mill and 500K. So I assume they have no more than 1 mill and 500K ETC. Nevertheless, I like all the FUD around ETC, cause it is a base for shakedowns of stupid people that believe in ETC and all crap coins like it. This is pure free easy BTC and ETH for me. I thank them all.
P.S. Look ATM. It was easy to buy ETH at 8 EUR price tag 2 days ago. Now is 10. After all the events it will be at the price tag before the hack. Meanwhile ETC will be shaken down another 4-5 times and then many stupid people will be left with their hands in their ..... to look out for dev or something, I don`t know. lol.
legendary
Activity: 1078
Merit: 1000
There is no point talking about something that is mathematically impossible, whenever the Ethereum Foundation want they have 12 million ETC, because ETC is pre-fork blockchain of the Ethereum Network.

At the current price those 12 million ETC are worth $31.50 million.

They can sell these of on the exchanges for next 12 months raising $1 million worth Bitcoin or Dollars each month for the next 12 months, which will pay for huge amount of development work on the post-fork Ethereum network.

Why waste the Ethereum developers time with a hypothetical scenario, which is never going to happen?

bumble.......... is all i say to your math proves it . Grin.

Well, you need factor in serious depreciation of the BTC price of ETC as they go along, because buy orders tend to disappear under this kind of program.

Ethereum post-fork, itself will be going over to POS within the next 8 months.

This means the last 4-6 months sources of revenue for GPU mining will be reduced by 50%.

This all, effects what BTC sum you can actually get for 12 million ETC.

but you forget the diff bomp
then read this what he sais about caspar
https://steemit.com/dao/@charleshosk/hoskus-parvum-opus-a-brief-sojourn-back-to-ethereum

if they rush it again they will fail big time
and again you miss a lot in your calculation.
lets wait and see how it looks end of the year
legendary
Activity: 1092
Merit: 1004
You're promoting a scam website
lol how do you know that? so your the judge? why not let the traders decide what it is? so much for immutability lol more like mute

im sorry but etc has SCAM written all over it.


The irony of that ETC thread is .. up there..


He really wants a immutable coin, but a very very mutable thread.

o_O

Immutability is just an excuse to pump and dump the ETC. I reckon the ETC will be dumped before the hacker's dump.

Stay, convert to ETC or BTC all bad choices ATM. You guys have the roof collapsing and don't know whre to find cover.

According to public information ETC is using the ETH blockchain up to the fork at block 1920000.

The ETH foundation has 12 million ETH too pay for future developments.

Therefore, because ETC is using the same blockchain up to the fork, it stands to reason that the ETH Foundation has 12 million ETC and it can sell these off on the exchanges to fund the development of Ethereum.

Therefore, I would like to thank ETC investors for helping to fund the future development of ETH.


I don`t understand how did you figured it out that they have 12 000 000 ETC. Can you show us the address or something? As of this moment Ethereum foundation officially have in their wallet around 1 million ETH. Explain it to us.

BTW: everybody with 2 alive brain cells can figure it out that ETC is just a quick profit and maybe in month or two ETC will be crap. It is not serious to talk about this coin in long term. But for now we don`t mind to make some free BTC on the back of stupid people who demand to be shaken.

Last time, I researched Ethereum Specs, it came up with this returned google search as:

60 million ETH sold in a crowdfunding sale.

12 million ETH, set aside for Ethereum Foundation.

18 million ETH, set aside for POW stage (current stage).

Max coins supply, before POS is 90 million ETH.

POS implementation aimed toward 0% inflation.







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