Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 821. (Read 2007101 times)

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Quite amazing what I've been seeing. Comes down to the pure hatred of Etherium to the point of trying to use it against itself, and people stupid enough to give away their money to a thief and the like, utterly amazing.
It's like inviting a thief into your home and watching him pick out whatever they want and waving goodby with a smile on your face.

Vitalik has as nicely as he possibly can said goodby to all that to move on with Ethereum.

It has become quite apparent that Ethereum will move on with the continued development and all the backing of what is being developed on it and all else will be left behind in what they have so wanted.


This IS amazing and its the first time I have seen something like this with any coin.  Other coins that have forked killed the old fork.  IMO, they should never have allowed this to happen. Allowing forks to split the currency devalues the currency and hurts investors.  The community voted for the hard fork and that should be the only ETH left in existence.  I think in the long run it still will be but the infighting that is taking place now is embarrassing to the Etherium community - and I think that is the intent of some people.  

For me personally, I could care less.  I take my profits where I can.  But the biggest problem in this entire alt-coin world is the lack of regulation and authority.  From the pumping and dumping to the disinformation and scams, it all makes this entire environment untrustworthy.  This stuff would result in criminal charges if it existed in a regulated investment system.  In this system , people are actually rooting for the thieves, although I think that is limited to thieves stealing from someone else and not them.

There is no feasible way to completely kill a fork. A single CPU miner can keep it going at almost no cost for any length of time. Well, the difficulty drop would need to be handled with some rentals but still - a single dissenter is all that it takes. The reason that most other forks are smooth is that there is an actual consensus and most of the time forks deal with technical issues, not with rewriting history.

And if you want regulation and authority - blockchain ain't it.

I agree.. how many coins havent you had the message "MANDATORY UPDATE - HARDFORK"..

This one invited the old chain to live on by giving each user an option.

Is this by accident?
I think not.

Irrelevant. Simply using a pre-fork client is the same as choosing "no" on that dialog box. Again, there is no feasible way to kill a fork if it has supporters.

I'm truly amazed how many Etherists (on both sides I must say) have no clue how blockchains work. I'm no expert by any means but at least I try to understand the basics of what I put my money into.
sr. member
Activity: 350
Merit: 250
ETC stands for Ether Coin. Forked ETH is not money but fuel for smart contracts that can be reversed and canceled by Ethereum Foundation devs.

Ok, so ETC is a Bitcoin competitor and ETH is a smart contract platform. That clears everything up. Thx!
err.. nope... not like that.
ETC and ETH still "the same thing" in diferent chains.
hero member
Activity: 742
Merit: 505
Quite amazing what I've been seeing. Comes down to the pure hatred of Etherium to the point of trying to use it against itself, and people stupid enough to give away their money to a thief and the like, utterly amazing.
It's like inviting a thief into your home and watching him pick out whatever they want and waving goodby with a smile on your face.

Vitalik has as nicely as he possibly can said goodby to all that to move on with Ethereum.

It has become quite apparent that Ethereum will move on with the continued development and all the backing of what is being developed on it and all else will be left behind in what they have so wanted.


This IS amazing and its the first time I have seen something like this with any coin.  Other coins that have forked killed the old fork.  IMO, they should never have allowed this to happen. Allowing forks to split the currency devalues the currency and hurts investors.  The community voted for the hard fork and that should be the only ETH left in existence.  I think in the long run it still will be but the infighting that is taking place now is embarrassing to the Etherium community - and I think that is the intent of some people. 

For me personally, I could care less.  I take my profits where I can.  But the biggest problem in this entire alt-coin world is the lack of regulation and authority.  From the pumping and dumping to the disinformation and scams, it all makes this entire environment untrustworthy.  This stuff would result in criminal charges if it existed in a regulated investment system.  In this system , people are actually rooting for the thieves, although I think that is limited to thieves stealing from someone else and not them.

I agree.. how many coins havent you had the message "MANDATORY UPDATE - HARDFORK"..

This one invited the old chain to live on by giving each user an option.


Is this by accident?
I think not.
full member
Activity: 185
Merit: 100
Quite amazing what I've been seeing. Comes down to the pure hatred of Etherium to the point of trying to use it against itself, and people stupid enough to give away their money to a thief and the like, utterly amazing.
It's like inviting a thief into your home and watching him pick out whatever they want and waving goodby with a smile on your face.

Vitalik has as nicely as he possibly can said goodby to all that to move on with Ethereum.

It has become quite apparent that Ethereum will move on with the continued development and all the backing of what is being developed on it and all else will be left behind in what they have so wanted.


This IS amazing and its the first time I have seen something like this with any coin.  Other coins that have forked killed the old fork.  IMO, they should never have allowed this to happen. Allowing forks to split the currency devalues the currency and hurts investors.  The community voted for the hard fork and that should be the only ETH left in existence.  I think in the long run it still will be but the infighting that is taking place now is embarrassing to the Etherium community - and I think that is the intent of some people. 

For me personally, I could care less.  I take my profits where I can.  But the biggest problem in this entire alt-coin world is the lack of regulation and authority.  From the pumping and dumping to the disinformation and scams, it all makes this entire environment untrustworthy.  This stuff would result in criminal charges if it existed in a regulated investment system.  In this system , people are actually rooting for the thieves, although I think that is limited to thieves stealing from someone else and not them.
legendary
Activity: 1456
Merit: 1000
I just dump my ETC stash... f helaroius, free bitcoins... thank you guys.

i also dump my etc, it has no dev, no roadmap, only  hype.
You're welcome too. Dump more. Who needs devs that miss such security holes in Solidity and such roadmaps as DAO failure?

thats a good point of yours, btw i also reducing my eth holding. just too much risk for me to hold alot of eth atm.
 
legendary
Activity: 3431
Merit: 1233
I just dump my ETC stash... f helaroius, free bitcoins... thank you guys.

i also dump my etc, it has no dev, no roadmap, only  hype.
You're welcome too. Dump more. Who needs devs that miss such security holes in Solidity and such roadmaps as DAO failure?
legendary
Activity: 1456
Merit: 1000
I just dump my ETC stash... f helaroius, free bitcoins... thank you guys.

i also dump my etc, it has no dev, no roadmap, only  hype.
legendary
Activity: 3431
Merit: 1233
I just dump my ETC stash... f helaroius, free bitcoins... thank you guys.
You're more than welcome. It's hilarious to purchase ethers at such a discount. Dump more.
sr. member
Activity: 368
Merit: 250
I just dump my ETC stash... f helaroius, free bitcoins... thank you guys.
legendary
Activity: 3431
Merit: 1233
Quite amazing what I've been seeing. Comes down to the pure hatred of Etherium to the point of trying to use it against itself, and people stupid enough to give away their money to a thief and the like, utterly amazing.
It's like inviting a thief into your home and watching him pick out whatever they want and waving goodby with a smile on your face.

Vitalik has as nicely as he possibly can said goodby to all that to move on with Ethereum.

It has become quite apparent that Ethereum will move on with the continued development and all the backing of what is being developed on it and all else will be left behind in what they have so wanted.

Are you a DAO investor?
full member
Activity: 236
Merit: 100
Quite amazing what I've been seeing. Comes down to the pure hatred of Etherium to the point of trying to use it against itself, and people stupid enough to give away their money to a thief and the like, utterly amazing.
It's like inviting a thief into your home and watching him pick out whatever they want and waving goodby with a smile on your face.

Vitalik has as nicely as he possibly can said goodby to all that to move on with Ethereum.

It has become quite apparent that Ethereum will move on with the continued development and all the backing of what is being developed on it and all else will be left behind in what they have so wanted.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
ETC stands for Ether Coin. Forked ETH is not money but fuel for smart contracts that can be reversed and canceled by Ethereum Foundation devs.

Ok, so ETC is a Bitcoin competitor and ETH is a smart contract platform. That clears everything up. Thx!
legendary
Activity: 3431
Merit: 1233
ETC stands for Ether Coin. Forked ETH is not money but fuel for smart contracts that can be reversed and canceled by Ethereum Foundation devs.
legendary
Activity: 1456
Merit: 1000
side note -i dumped in the first hour and rebought at 0.0003-0.0004 , got my free etc back, got free btc and bought some ETH
side note - I believe everything you say, pumpy. Why should you lie?

i believe mr pumperities,  mr pumperitis was the first to post about dao hack on this thread if im not mistaken.
jr. member
Activity: 79
Merit: 1
Nobody has still answered my question, so let me try rephrase it a bit.

If a new guy in crypto world wakes up this morning and decides to invest into ETH. He sends his btc to poloniex, gets himself 100 eths. He then downloads mist wallet and clicks onto YES I SUPPORT THE FORK when wallet starts the first time. He then withdraws his 100 eths to his new wallet address. Is this person safe from a replay attack or not.

The common sense tells me that he is safe since he is operating on the forked chain with an address that never existed before the block 1920000 but I want to make sure and check with the community. I don't want to make a mistake and scratch my head afterwards.

Thanks guys!

Somebody please, thanks!!!

You're coins are safe if you only ever use the address for ETH. If you transfer ETC to it and then transfer ETC out your ETH will likely move too.

BTW "replay attack" is a bit misleading as it implies somebody may attack you or even take your coins, which is not always the case. If you transfer coins between your own addresses you can still recover them even if replay happened - you just import the private key of the destination address into both wallets and then do a clean split. It becomes a problem when you send to a third party, e.g. an exchange. And even more of a problem if someone comes up with a social engineering plan, e.g. sends you a small amount of ETC and asks to send it back or some such nonsense.

tl;dr: your coins are safe, don't ever use the same address on both chains.

Thanks for a clear and precise answer. I will create a brand new ETH address then that I will only use for ETH and transfer my funds there. Thanks!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Nobody has still answered my question, so let me try rephrase it a bit.

If a new guy in crypto world wakes up this morning and decides to invest into ETH. He sends his btc to poloniex, gets himself 100 eths. He then downloads mist wallet and clicks onto YES I SUPPORT THE FORK when wallet starts the first time. He then withdraws his 100 eths to his new wallet address. Is this person safe from a replay attack or not.

The common sense tells me that he is safe since he is operating on the forked chain with an address that never existed before the block 1920000 but I want to make sure and check with the community. I don't want to make a mistake and scratch my head afterwards.

Thanks guys!

Somebody please, thanks!!!

You're coins are safe if you only ever use the address for ETH. If you transfer ETC to it and then transfer ETC out your ETH will likely move too.

BTW "replay attack" is a bit misleading as it implies somebody may attack you or even take your coins, which is not always the case. If you transfer coins between your own addresses you can still recover them even if replay happened - you just import the private key of the destination address into both wallets and then do a clean split. It becomes a problem when you send to a third party, e.g. an exchange. And even more of a problem if someone comes up with a social engineering plan, e.g. sends you a small amount of ETC and asks to send it back or some such nonsense.

tl;dr: your coins are safe, don't ever use the same address on both chains.
legendary
Activity: 1078
Merit: 1000
How do you get bitcoiners and other Ethereum haters to get into Ethereum?



....add the word classic,lol

Yea, looks like many people are buying it just for the ideology...
But I don't know, if this is really true or it's only a trolling on a large scale.
We will see, when the attacker starts to dump his coins...

But maybe it was not that bad to keep the old chain after all.
If ETH changes to pos, ETC will most likely not follow and then the two chains are really reasonable.
But hopefully this will not be even more messy so that it turns out to be 4 chains. ETH POS, ETH POW, ETC POS and ETC POW...

It depends on the ideology of the DAO hacker. If he just wants the money, he could short it and dump it to death.
eth and etc ....
member
Activity: 120
Merit: 10
How do you get bitcoiners and other Ethereum haters to get into Ethereum?



....add the word classic,lol

Yea, looks like many people are buying it just for the ideology...
But I don't know, if this is really true or it's only a trolling on a large scale.
We will see, when the attacker starts to dump his coins...

But maybe it was not that bad to keep the old chain after all.
If ETH changes to pos, ETC will most likely not follow and then the two chains are really reasonable.
But hopefully this will not be even more messy so that it turns out to be 4 chains. ETH POS, ETH POW, ETC POS and ETC POW...

It depends on the ideology of the DAO hacker. If he just wants the money, he could short it and dump it to death.
legendary
Activity: 2856
Merit: 1075
side note -i dumped in the first hour and rebought at 0.0003-0.0004 , got my free etc back, got free btc and bought some ETH
side note - I believe everything you say, pumpy. Why should you lie?
gd man, im sure you noticed i was the first person to post on all the forums about etc on polo to  Tongue
legendary
Activity: 3431
Merit: 1233
side note -i dumped in the first hour and rebought at 0.0003-0.0004 , got my free etc back, got free btc and bought some ETH
side note - I believe everything you say, pumpy. Why should you lie?
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