Topic: [ANN] Ethereum: Welcome to the Beginning - page 816. (Read 2007101 times)

Most of all serious Dev's don't use this forum, at least not much.
So, it's not a sign at all. He is active: https://www.reddit.com/user/vbuterin

That's something I really like about him. He is very communicative. Also on twitter: https://twitter.com/vitalikbuterin?lang=eng

My concern is ... where is Vitalik ? last login was a month ago Last Active:    June 30, 2016, 03:12:02 AM
from my exp this is not a good sign..

I would like to take the time to thank the OP for this fantastic new coin.  I mine and collect cryptocoins.  I actively mine 7 different coins at the moment and control the keys to around 12 different cryptocoin wallets, inc, ETH and the new original ETC as well as many others.

@OP Thanks bud, I have had a wonderful time mining and collecting your coins.  You are good at computing but your game theory sucks!  You had the opportunity to finish your degree until Peter Thiel tempted you to drop out of university for a measly sum of $100,000.  

I had to drop out of university in the final year of my BSc (Hons) because both the cost of tuition fees and transport costs forced me into Bankruptcy.   I would have loved to have had my Honors Degree and Bachelor of Science.  I was only 9 months away from passing with First Class Honors.

Well what's done is done. I'm a miner now and my game theory is better than yours.  I have had so many sh*ts and giggles over ethereum.  The entertainment value has been priceless but boy you are dumb!  

But what times do we live in where money has become more important than wisdom, knowledge, education and enlightenment?

You are half Russian and you let capitalism own you! You are young. I am old.  But here is a message from this mad old woman... remember this; all the money you make... it will never buy back your soul.  Get your ass back to school, you need to work harder on that Game Theory of  yours, knowledge is not wisdom.

It's too simple to say "There is No one that speaks for a decentralized blockchain". It's true that nobody can say "It's mine!". But it's also true that it's natural for humans that in all "human systems" (sharing same interests) there are some kind of leaders and a majority that wants exactly that.

So, I agree it's not precise from me to say "Doubtful that ETC would be that stupid." as if ETC would be like a company. I should have said "the Developer-team behind ETC" - that's what I've meant. People who are more active, more skilled, with plans beyond the usual traders/users. And there is something like a Core-Team behind ETC. I have no doubt about that. There are people with more influence and with plans and who act strategic.


It's the same in all projects that are not dead or dying. You won't find any decentralized blockchain-project without "leaders". The human factor always involves some centralizing aspects.

And regarding my questions and speculations there would be a huge difference if just one guy writes an open letter to hand over funds to build some kind of "ETC-foundation", whatever his intentions might be, or if it comes from a group that is really active for ETC - Developers, Miners etc..

The first scenario wouldn't mean much and could be forgotten. The other scenario would have some effect because other steps would follow. And we'll find out. I have no doubt about that.

And just by the way: Ethereum is one of the best examples for a technical decentralized project, that is very centralized regarding the human factor.

yes,now you can exchang freely of the two coins!

https://www.reddit.com/r/ethereum/comments/4v2ug3/zksnarks_zero_knowledge_proofs_now_possible_via/
[–]vbuterinJust some guy 33 points 10 hours ago

Basically you will be able to use this to verify arbitrary (computable) claims about information, eg. statements of the form F(x) = y for a known F and y (though x can be private). This can compete with interactive verification as a tool for cheaply verifying expensive computations and serve similar use cases (though sometimes the interactive verification approach is still much more efficient), but the zero-knowledge component also allows for powerful privacy-preserving protocols on top of Ethereum. Examples include:

    Cryptographic mixers - essentially, the ZK-SNARK verification enforces the rule that if you put one coin in you can take one coin and only one coin out, but the input-output mapping is completely hidden.
    Hawk - essentially, smart contracts with encrypted state, where the full power of the blockchain is still used to verify that state transitions are correct because anyone updating the state needs to include a ZK-SNARK proving that the change from the old encrypted state to the new encrypted state is a valid state transition (proving all of this without revealing what the decrypted old or new states, or the decrypted transaction data, is!).

Its real...ive waited a long time for this  
WOW ONLY ON ETH  

https://www.reddit.com/r/ethereum/comments/4v2x4g/another_set_of_presentation_slides_proof_of_stake/
Another set of presentation slides: Proof of Stake
submitted 10 hours ago by vbuterin
https://docs.google.com/presentation/d/1LpqtiZLdBb5DsAS0xgCDsrvbGLhuhVkVUjUhuJGfYGg/edit?pref=2&pli=1#slide=id.p

 

Free coins, you decide what to do with them.

Bittrex now shoes me an ETC wallet with the same balance as my Eth wallet (on the exchange).  If I trade my ETC, will I basically be trading my Eth away?  Or did I just gain free coins that I can dump for a small profit??

Classic is not Ethereum because of:
a) Ether holders voted decidedly for the hard fork (and, by proxy, against Classic). True, only about 5.5% of the total supply of ether was used to vote, but that is no reason to deem the it invalid because the vote was well advertised and anyone who wanted to vote did so. For instance, I did not participate because the side I was supporting had already been winning by a huge margin.
b) Miners voted in support of the hard fork, e.g. https://dwarfpool.com/eth/voting. Again, low turnout does not mean inconsequential results for the same reasons as in point a)
c.i) The Foundation has recently announced that they will be supporting the non-Classic chain
Seeing the results of various metrics, including carbonvote, dapp and ecosystem infrastructure adoption, this means that we will focus our resources and attention on the chain which is now called ETH (ie. the fork chain)
c.ii) Ethcore (disclaimer: I actually work with these guys) has been pro-fork from the start and that position still has not changed, even despite Gavin’s recent, either misexpressed or largely misunderstood, tweet

c.iii) DApps, blockchain explorers and toolkit devs are sticking to the forked (ETH) chain as well, e.g.

Why do people continually try to centralize a decentralized concept? There is No one that speaks for a decentralized blockchain, that is the entire issue. That is the reason that ETC Exists at all!!!
Some people just cannot grasp this.

May be
Black Ethereum Classic Original New (BECON)

I don't believe you're right in that point. I mean, of course: There is no structure like the Ethereum-foundation but I believe that those behind ETC are serious about it. Because I've read this some days ago:


https://steemit.com/crypto-news/@ghostyeti/interview-with-arvicco-developer-of-ethereum-classic
http://www.coindesk.com/ethereum-hard-fork-creates-competing-currencies-support-ethereum-classic-rises/

And what he says is basically a mix of idealism and the will to implement all what will be developed for ETH in ETC as well.

And my concerns are also not only my concerns:

While most miners supported the Ethereum hard fork to prevent future breaches, Claude Lecomte, CEO at MinerGate, opposed the plan and posted a statement shortly before the hard fork took effect yesterday, claiming it will jeopardize Ethereum on legal, business and philosophical levels.
https://www.cryptocoinsnews.com/minergate-ceo-opposed-ethereum-hard-fork/

He also mentions the legal side and he did it before the Hard Fork.

It's not unlikely that guys like that will form a serious team for ETC. And Arvicco even claims there is already kind of a team.


Btw: I'm really not here to spread FUD (even if I'm not invested, also not in ETC! - one of my investments, Factom, would collaborate indirectly with Ethereum if successful). My intention was to find out more about the current situation. My personal conclusion for now is: Potential risks are most likely underestimated.

ETC is just a blockchain with a loose group of individuals supporting it. It doesn't have a structure like "Ethereum Foundation" so whoever is posting various dumb articles and blogs likely speaks for themselves, nefarious motives notwithstanding.

I'm not so sure blockchain can have an intent to damage anything. Maybe if someone codes an elaborate contract for it, to create some sort of autonomous entity perhaps  

atualky it doesnt matter what we think, with the decition to do the hardfork they knew of the risk to create this situation now.
there attitude that the old chain will die was based on the illution that pushing will sort it but they missed the factor human.
people dont like to be pushed.
for the fork: well i worked with developers for 15 years and never realy never experienced that a change in a code did go smooth . there were always redoings nesesary.
when they said they do a fork in less then a month i thought good luck
i feel sorry for vitalik

I believe now it's just one guy. Reason: https://bitflikz.com/products/short-sleeve-mens-t-shirt

Doubtful that ETC would be that stupid.   

And it shows some intention to make money with "everything".

I don't actually understand why the need for Ethereum classic ETC... I know things haven't been too great for Ethererum because of the DAO issue, but I dont see the point for one more ETH... It will probably weaken both

The question regarding the blog-post is more: Is it just one guy who holds ETC or wants to short ETH and tries to have impact on the market. If yes, there is most likely no problem.

If ETC should be behind the post, it would show intense intention to damage ETH.

I have a question. What is the problem? DAO or Ethereum?
What will solve the hard-fork? DAO only?

There will always be opportunists in situations like this. Some troll the forums, some put it into more "refined" blog posts. The markets are not THAT stupid, although it might have a small effect sufficient for the "blogger" to cash in on a short (as an example).

In any case - this one is quite lame. No substance, anonymous group nobody has ever heard of before.