Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 817. (Read 2007101 times)

legendary
Activity: 1960
Merit: 1128
Is this for real or some kind of "shorting-eth-attempt":

https://bitflikz.com/blogs/news/open-letter-to-the-ethereum-foundation-our-last-attempt-to-negotiate

I'm not invested, so I'm not personally concerned and it could be a "FUD-attack", but not sure. Does anybody know more?  

It's about as real as a blog post can be. I don't see them having any leverage though.

Should have asked more precise! ;-)

Why I asked is simply if somebody knows that some kind of group really plans to do that. And if that would be the case the blog-post would have the intention it shows: Open letter - like an announcement.

But it also could be an attempt to bring more uncertainty.

There is another article: https://www.cryptocoinsnews.com/source-ethereum-insiders-believe-dao-hack-inside-job/

And this guy also wants to stay anon. And it's also an "uncertainty-article".

Scenario 1) Both articles are part of an attack on Ethereum.

Scenario 2) At least the last one is true, and if, maybe both.

He basically speaks about paranoia in the team now, because the DAO-Hacker could be a member. And I believe those concerns are real even if the interviewed guy should not be what he says (close to the Ethereum-foundation). I mean, it would be understandable to consider an Insider-Job of a member. It would be rational I believe.



And he also says:

“The internal dynamics are a mess, and people are beginning to worry about the legal implications of the code change."

And that could fit to the "open-letter".


I never thought about the legal side and I don't have any knowledge about those things. But the problem I see is that it's maybe not totally clear and with ETC there is a competitor now which most likely gain momentum every time there could be bad news for Ethereum. But: Not totally true, because all potential technical problems of Ethereum would be the same on ETC if I'm correct. So, bad news because of the tech for ETH would be bad news for ETC.

Which news wouldn't be bad for ETC but for ETH? The law. That could be a point to attack, even if it should turn out as unsuccessful. It would have impact on the market and on the team of course. What I see coming here is a "psycho-war".

I see that as fact. Because if the blog-post and the article should be fakes - it's a psycho war.

If both should be true - it's a psycho war.

If just one should be true and the other fake - psycho war.






legendary
Activity: 2856
Merit: 1075
WOW no holding back from the old school

BTCE

Latest news:
27/07/16    Ethereum Classic    

Ethereum Classic

27.07.16 19:52 from admin
Dear Clients!

BTC-e’s official standpoint on this issue is as follows: Ethereum Classic in the current circumstances is a scam. The Ethereum community decided to implement the hardfork in order to switch to the new chain. All major pools and exchanges (including BTC-e) did exactly that.

On the second day after the start of ETC trading BTC-e received a notification from Poloniex, saying that we need to secure the ETCs in our ETH wallet. At the time of notification, most of these coins have already been sent to Poloniex by our users. So there were almost none of these coins in our wallet.

We continue to receive requests from our customers demanding to return the ETCs that are supposedly deposited in our ETH wallet. We cannot do that for the reason specified above.

Anyone, who purports that we sent the coins to Poloniex in order to sell them, can check all the transactions on blockchain. All transactions are recorded and it is easy to trace the sender and the volumes of coins sent.

Best Regards,
BTC-e Team

Kudos to BTCE...im trading my ETH there...respect guys
Polo starting to look like cryptsy
legendary
Activity: 1164
Merit: 1010
Is this for real or some kind of "shorting-eth-attempt":

https://bitflikz.com/blogs/news/open-letter-to-the-ethereum-foundation-our-last-attempt-to-negotiate

I'm not invested, so I'm not personally concerned and it could be a "FUD-attack", but not sure. Does anybody know more? 

I had a real good chuckle at this!  Thanks for posting the link. Cheesy

Well, I mean...best of luck to team BitFlikz, they're gonna need it.  I have no clue how they could ever think they have any claim to assets purposed for the development of Ethereum. "Social contract that will be argued as binding" ...good luck getting some "third party jurisdiction" to accept such arguments.
So many lols  Cheesy Cheesy Cheesy
legendary
Activity: 2856
Merit: 1075
http://motherboard.vice.com/read/the-ethereum-hard-fork-spawned-a-shaky-rebellion-ethereum-classic-etc-eth

"Ethereum (ETH) represents a real threat to bitcoin, and there are some corners who have wanted to kill Ethereum since its inception"

Ethereum Classic is essentially an “altcoin”—a clone of an existing cryptocurrency that a small community has rallied around to give it value. Bitcoin has hundreds of imitators, but this is Ethereum’s first.

Buterin has gone on record as saying that an alternate currency based on his code isn’t necessarily a bad thing. However, it’s still a dangerous situation for users, even beyond the normal concerns about get-rich-quick schemes and network insecurity that are endemic to cryptocurrencies with a small user base.
On etc users may fall victim to a “replay attack."

This is etc biggest threat imo
“Some number of bitcoiners are known as ‘maximalists’ which means they don’t think any other blockchains or digital assets should exist,” prominent bitcoin entrepreneur Erik Voorhees wrote me in an email. “They hate Ethereum, and they have been overjoyed by the turmoil since the fork. They can support Ethereum Classic because it perpetuates the time until this little crisis gets resolved.”


“Bitcoin has had hundreds of copycats, so it's not surprising that Ethereum has one,” Sirer wrote. “In the long term, value comes from the dev team and the user community, and this overwhelmingly favors ETH.”
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Is this for real or some kind of "shorting-eth-attempt":

https://bitflikz.com/blogs/news/open-letter-to-the-ethereum-foundation-our-last-attempt-to-negotiate

I'm not invested, so I'm not personally concerned and it could be a "FUD-attack", but not sure. Does anybody know more? 

It's about as real as a blog post can be. I don't see them having any leverage though.
legendary
Activity: 1960
Merit: 1128
Is this for real or some kind of "shorting-eth-attempt":

https://bitflikz.com/blogs/news/open-letter-to-the-ethereum-foundation-our-last-attempt-to-negotiate

I'm not invested, so I'm not personally concerned and it could be a "FUD-attack", but not sure. Does anybody know more? 
legendary
Activity: 2856
Merit: 1075
i see it going up and then down alot many times over, until the noobs have been drained of their BTC & ETH

Its very dangerous holding a coin that is being controlled by a group that hate altcoins, (espescially ETH), its still in beta, has no leadership, no roadmap, replay attacks daily, mining under constant ddos, 82mill premine with around 87% held by ETH guys  Wink ( that is so ironic ) and 13% held by a hacker. Im sure theres alot more i could easily add to this.
*Im sure a small % of etc is being controlled by BTC extremists ( their words not mine ) and i guarantee they aint in this for the long term.

Enjoy the ride on etc, it wont last forever...all it will take to dump very hard is one pump on either ETH or BTC or one bad piece of news on the coding side of etc.
I cant see any gd news for etc that will help drive the price up with real volume.
I feel sorry for the people that are/will be confused and angry because the exchanges led them to believe etc was the real Ethereum backed by VB & the rest of the team.  

You might wanna tone your shilling down to make it look less desperate. Maybe decrease the amount of blatant lies to no more than 2 per line. Just trying to help since you're so passionate about ETH albeit a bit too dimwitted for your own good.

Im soo happy that i put my ETH in cold storage around 3weeks ago...i even said it here, that i expected some sort of craziness to occur ( always does, its crypto lol ) i didnt expect to get a bonus of free etc,lol
M8, please just go support my coin,  Tongue
legendary
Activity: 3654
Merit: 8909
https://bpip.org
i see it going up and then down alot many times over, until the noobs have been drained of their BTC & ETH

Its very dangerous holding a coin that is being controlled by a group that hate altcoins, (espescially ETH), its still in beta, has no leadership, no roadmap, replay attacks daily, mining under constant ddos, 82mill premine with around 87% held by ETH guys  Wink ( that is so ironic ) and 13% held by a hacker. Im sure theres alot more i could easily add to this.
*Im sure a small % of etc is being controlled by BTC extremists ( their words not mine ) and i guarantee they aint in this for the long term.

Enjoy the ride on etc, it wont last forever...all it will take to dump very hard is one pump on either ETH or BTC or one bad piece of news on the coding side of etc.
I cant see any gd news for etc that will help drive the price up with real volume.
I feel sorry for the people that are/will be confused and angry because the exchanges led them to believe etc was the real Ethereum backed by VB & the rest of the team.  

You might wanna tone your shilling down to make it look less desperate. Maybe decrease the amount of blatant lies to no more than 2 per line. Just trying to help since you're so passionate about ETH albeit a bit too dimwitted for your own good.
legendary
Activity: 2856
Merit: 1075



Wasn't it a platform bug in the solidity compiler that was exploited and allowed the DAO theft to occur in the first place? Wasn't there plenty of warning that the DAO and ETH are beta and in under current development?

ETC is nothing more than an attempt to derail ETH development and justify theft.
+1  Smiley
so you guess etc is going to collapse soon ..
i see it going up and then down alot many times over, until the noobs have been drained of their BTC & ETH

Its very dangerous holding a coin that is being controlled by a group that hate altcoins, (espescially ETH), its still in beta, has no leadership, no roadmap, replay attacks daily, mining under constant ddos, 82mill premine with around 87% held by ETH guys  Wink ( that is so ironic ) and 13% held by a hacker. Im sure theres alot more i could easily add to this.
*Im sure a small % of etc is being controlled by BTC extremists ( their words not mine ) and i guarantee they aint in this for the long term.

Enjoy the ride on etc, it wont last forever...all it will take to dump very hard is one pump on either ETH or BTC or one bad piece of news on the coding side of etc.
I cant see any gd news for etc that will help drive the price up with real volume.
I feel sorry for the people that are/will be confused and angry because the exchanges led them to believe etc was the real Ethereum backed by VB & the rest of the team.  
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Wasn't it a platform bug in the solidity compiler that was exploited and allowed the DAO theft to occur in the first place? Wasn't there plenty of warning that the DAO and ETH are beta and in under current development?

ETC is nothing more than an attempt to derail ETH development and justify theft.

No, it was a problem in the DAO itself, not in Solidity.

http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/

There are some claims that the language design is at fault but there were no changes to it in the fork. The fork was about transferring the DAO funds into a refund-only contract, not about fixing anything in the code.

When I said "you take donations from ETH" I meant the ETC foundation or whatever you call it - I assumed since you posted the link you represented the foundation.  In any case the website has an address for ETH donations.   That's no lie.

Nice backpedaling. I post a lot of links, doesn't mean I represent or take donations for e.g. hackingdistributed.com above.
legendary
Activity: 2856
Merit: 1075
 Microsoft Azure only on ETH  Smiley
full member
Activity: 185
Merit: 100
Two things I noticed on the web site.  First, the site does not mention that principles include allowing thieves to keep their ill-gotten gains and that investors can trust that their investments will be completely depleted if taken by thieves - which the blockchain will tolerate.  The code is the law which mean investors have to trust the code will not be exploited for nefarious purposes.   I am not sure how you can claim you want it to be trustworthy at the same time, but maybe other investors can figure that out.

I also noticed you take donations in ETH.  How ironic.

You seem to be lying, I don't take donations.



When I said "you take donations from ETH" I meant the ETC foundation or whatever you call it - I assumed since you posted the link you represented the foundation.  In any case the website has an address for ETH donations.   That's no lie.
hero member
Activity: 714
Merit: 500
IF YOU Enjoy Trade with ME ..PUT Feedback Please



Wasn't it a platform bug in the solidity compiler that was exploited and allowed the DAO theft to occur in the first place? Wasn't there plenty of warning that the DAO and ETH are beta and in under current development?

ETC is nothing more than an attempt to derail ETH development and justify theft.
+1  Smiley
so you guess etc is going to collapse soon ..
full member
Activity: 290
Merit: 100
It is not compelled by law enforcement to hard fork, it is compelled by the community. Did you see the vote?

I did, it was low turnout and contentious. The amount of hashrate in ETC as well as its exchange rate reflects the dissent. Why is it that ETH supporters still seem to have a problem with ETC? I'm trying to understand that since my first post in this thread but I'm not getting any closer. The "law and order" argument clearly doesn't make sense since ETH didn't really follow the law. Community was split since before the fork. What else?

From the mining hash, you can say that 90% of the miners support the ETH. But miners chase profits.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
It is not compelled by law enforcement to hard fork, it is compelled by the community. Did you see the vote?

I did, it was low turnout and contentious. The amount of hashrate in ETC as well as its exchange rate reflects the dissent. Why is it that ETH supporters still seem to have a problem with ETC? I'm trying to understand that since my first post in this thread but I'm not getting any closer. The "law and order" argument clearly doesn't make sense since ETH didn't really follow the law. Community was split since before the fork. What else?
legendary
Activity: 2212
Merit: 1038
So if ETC is forced to hard fork will exchanges start listing the old chain as Ethereum Classic Original (ECO)?

ETC will never hard fork, it is their principle. If it hard fork, it will be a dead coin. So it will have only one chain.

That's how I perceive their attitude as well. Which means they can't copy/paste Ethereum much longer. Nor will it be easy to find dedicated devs.

Except that it's not actually true:

https://ethereumclassic.github.io/

Quote
We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted - by anyone.


Two things I noticed on the web site.  First, the site does not mention that principles include allowing thieves to keep their ill-gotten gains and that investors can trust that their investments will be completely depleted if taken by thieves - which the blockchain will tolerate.  The code is the law which mean investors have to trust the code will not be exploited for nefarious purposes.   I am not sure how you can claim you want it to be trustworthy at the same time, but maybe other investors can figure that out.

I also noticed you take donations in ETH.  How ironic.


Wasn't it a platform bug in the solidity compiler that was exploited and allowed the DAO theft to occur in the first place? Wasn't there plenty of warning that the DAO and ETH are beta and in under current development?

ETC is nothing more than an attempt to derail ETH development and justify theft.
sr. member
Activity: 286
Merit: 250
Two things I noticed on the web site.  First, the site does not mention that principles include allowing thieves to keep their ill-gotten gains and that investors can trust that their investments will be completely depleted if taken by thieves - which the blockchain will tolerate.  The code is the law which mean investors have to trust the code will not be exploited for nefarious purposes.   I am not sure how you can claim you want it to be trustworthy at the same time, but maybe other investors can figure that out.

I also noticed you take donations in ETH.  How ironic.

You seem to be lying, I don't take donations.

The "thieves" argument is moot in the case of ETH/ETC. The Ethereum foundation was not compelled by any kind of law enforcement to take action against those "thieves" and it doesn't appear that any due process took place. The fork is an attempt to have it both ways: "let's do law and order like IRL", but also "we will use the code as law to bring justice and move the tokens the way we feel is right".

Here is what should have happened it this wasn't a huge mess of overlapping interests between investors, bagholders, the foundation, slock.it, etc:

The DAO investors find out their investment is at risk. They ask ETH to help. ETH says either "sorry, not our problem, talk to slock.it" or - if they're feeling polite that day - "sorry, there is something we could do (a fork) but it's against our own rules". At which point the DAO investors sue the foundation and/or slock.it, get a court order (or not), fork happens (or not). Not that it would be much less controversial but at least the "law and order" argument would make more sense.

But that sounds slow and inefficient, so fuck it, let's just do justice our own way. Right?

It is not compelled by law enforcement to hard fork, it is compelled by the community. Did you see the vote?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Two things I noticed on the web site.  First, the site does not mention that principles include allowing thieves to keep their ill-gotten gains and that investors can trust that their investments will be completely depleted if taken by thieves - which the blockchain will tolerate.  The code is the law which mean investors have to trust the code will not be exploited for nefarious purposes.   I am not sure how you can claim you want it to be trustworthy at the same time, but maybe other investors can figure that out.

I also noticed you take donations in ETH.  How ironic.

You seem to be lying, I don't take donations.

The "thieves" argument is moot in the case of ETH/ETC. The Ethereum foundation was not compelled by any kind of law enforcement to take action against those "thieves" and it doesn't appear that any due process took place. The fork is an attempt to have it both ways: "let's do law and order like IRL", but also "we will use the code as law to bring justice and move the tokens the way we feel is right".

Here is what should have happened it this wasn't a huge mess of overlapping interests between investors, bagholders, the foundation, slock.it, etc:

The DAO investors find out their investment is at risk. They ask ETH to help. ETH says either "sorry, not our problem, talk to slock.it" or - if they're feeling polite that day - "sorry, there is something we could do (a fork) but it's against our own rules". At which point the DAO investors sue the foundation and/or slock.it, get a court order (or not), fork happens (or not). Not that it would be much less controversial but at least the "law and order" argument would make more sense.

But that sounds slow and inefficient, so fuck it, let's just do justice our own way. Right?
full member
Activity: 185
Merit: 100
So if ETC is forced to hard fork will exchanges start listing the old chain as Ethereum Classic Original (ECO)?

ETC will never hard fork, it is their principle. If it hard fork, it will be a dead coin. So it will have only one chain.

That's how I perceive their attitude as well. Which means they can't copy/paste Ethereum much longer. Nor will it be easy to find dedicated devs.

Except that it's not actually true:

https://ethereumclassic.github.io/

Quote
We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted - by anyone.


Two things I noticed on the web site.  First, the site does not mention that principles include allowing thieves to keep their ill-gotten gains and that investors can trust that their investments will be completely depleted if taken by thieves - which the blockchain will tolerate.  The code is the law which mean investors have to trust the code will not be exploited for nefarious purposes.   I am not sure how you can claim you want it to be trustworthy at the same time, but maybe other investors can figure that out.

I also noticed you take donations in ETH.  How ironic.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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