Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 822. (Read 2006403 times)

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: 2758
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?
legendary
Activity: 3431
Merit: 1233
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!!!
Don't listen to unprofessional advice!
You're not safe as you have already sold your ETC following the wrong advice from die hard forkers.

Neither of the chains is safe as both are now susceptible to replay attacks as long as they exist in parallel. Stronger chain is less susceptible while weaker chain is more susceptible. As etc chain is getting stronger every day forked chain will experience replay attacks more and more often.

To resolve this situation one of the chains has to implement a hard fork. Since Classic chain won't do that the only option is Forked chain to implement a hard fork... again.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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...
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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!!!

Yes, etH safe Smiley


To make sure everything is correct, transfer 1 ETH first, then 99.

https://poloniex.com/press-releases/2016.07.26-responses-to-common-etc-questions
hero member
Activity: 742
Merit: 505
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!!!

Yes, etH safe Smiley


To make sure everything is correct, transfer 1 ETH first, then 99.
legendary
Activity: 3431
Merit: 1233
Hence I think ETC is a big scam!
Before 7/20 ETC was not a scam, right? Why is this SAME coin a scam now?

ETC = ETH (without ETH Foundation)

Conclusion:
If you buy ETH now you pay 10% for ETH and the rest 90% you pay for shares in the non-profit ETH Foundatioon... Quite stupid, isn't it?


You do know that BUYING etc like you did gives every ETH holder more $, BTC and ETH...inc the ETH Foundation... Tongue
I don't really care what fork bagholders do think they're given.
People that bought ETC during ICO made a fortune because there was no pre-mine this time.
Just look at the charts!
Have you lost your marbles... etc has 82mill etc premined
What etc ico? lol
Pre-mine is effectively registered only after eth is moved as etc after the split. What happend is very similar to ICO. This is why etc price rise practically started from zero!
legendary
Activity: 3431
Merit: 1233
Hence I think ETC is a big scam!
Before 7/20 ETC was not a scam, right? Why is this SAME coin a scam now?

ETC = ETH (without ETH Foundation)

Conclusion:
If you buy ETH now you pay 10% for ETH and the rest 90% you pay for shares in the non-profit ETH Foundatioon... Quite stupid, isn't it?


You do know that BUYING etc like you did gives every ETH holder more $, BTC and ETH...inc the ETH Foundation... Tongue
I don't really care what fork bagholders do think they're given.
People that bought ETC during ICO made a fortune because there was no pre-mine this time.
Just look at the charts!
legendary
Activity: 3431
Merit: 1233
Hence I think ETC is a big scam!
Before 7/20 ETC was not a scam, right? Why is this SAME coin a scam now?

ETC = ETH (without ETH Foundation)

Conclusion:
If you buy ETH now you pay 10% for ETH and the rest 90% you pay for shares in the non-profit ETH Foundatioon... Quite stupid, isn't it?

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
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!!!

they already have your money, they don't care now.
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!!!
legendary
Activity: 3431
Merit: 1233
You say that ETC was better, more true coin ...
Why buy orders of poloniex are twice as high than ETH???
This does not mean that people want to buy more ETH?
Just asking  Smiley
Placing a buy order doesn't necessarily mean you're going to buy.  
Only sure thing is that you're announcing your intention to other market participants.
This is why limit orders are often used to manipulate markets.
If you really want to buy you just buy it at market and that is it.
Just answering.


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