Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 822. (Read 2007101 times)

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.


sr. member
Activity: 425
Merit: 250
You say that ETC was better, more true coin ...
Why buy orders on ETH of poloniex are twice as high than ETC???
This does not mean that people want to buy more ETH?
Just asking  Smiley

I ask again!?!?
Hence I think ETC is a big scam!
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
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

Wat?

Polo:
ETH BUY ORDERS Total: 7935.65509523 BTC
ETC BUY ORDERS Total: 5229.39267464 BTC


LOL, yesterday it was 8k ETH and 2k ETC
hero member
Activity: 742
Merit: 505
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

Wat?

Polo:
ETH BUY ORDERS Total: 7935.65509523 BTC
ETC BUY ORDERS Total: 5229.39267464 BTC
sr. member
Activity: 345
Merit: 250
https://i.imgsafe.org/865a53014f.jpeg


Ethereum is living even in the Black Sea, Romania!!

sr. member
Activity: 425
Merit: 250
You say that ETC was better, more true coin ...
Why buy orders of poloniex are twice as high than ETC???
This does not mean that people want to buy more ETH?
Just asking  Smiley
hero member
Activity: 910
Merit: 525
what if i am a Vitalik. I am the founder of this coin.
and when etherum get more popularity and rise up, i can do anythings?
say it, the price is 1 dollar for 1 eth.
i can save 2.000.000 and open for the miner for 20.000.000.
2.000.000 $ dude, i am strong!
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Hey guys, so now we get to be scared about these replay attacks!!

What's the best practice to save oneself from this? If I send all my ETH funds to an exchange, create new ETH wallet address, discard the old address and withdraw all of my funds to the new ETH address, is there any chance that I can be hit by one of these replay attacks?

Thanks


This is wrong
ETC must fork, ETH already is safe.

Vitalik statement:
This is completely technically wrong; ETH clients will accept no chain without block 1920k containing the fork transition

https://twitter.com/VitalikButerin/status/757551562407473152


The guy he answered already deleted his post..... lol

But I did split and sent ETC to poloniex. Now I want to protect myself. I see the guides above and thanks for them but to be honest, they are a bit complicated for me. Can I just discard old account and create a new ETH account and withdraw there from an exchange. Will I then be safe from replay attacks? Thanks!

Send your ETH to 0x00000000 and it will never worry you again and send your ETC to 0xc9aa2cf3d90d078e704758983ca665ed00da013e and it will never bother you again. Smiley
legendary
Activity: 3431
Merit: 1233
But I did split and sent ETC to poloniex. Now I want to protect myself.
You can't protect yourself if you're following unprofessional advices from die hard forkers. Their only goal is to make you sell your ETC. The best strategy is just the opposite - sell your forked eth and buy non-forked eth (etc).
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!
hero member
Activity: 742
Merit: 505
ELI5 please:

Just logged in to my Poloniex account and realized that I had some ETC, if I had understood it right from other sources I have scrolled through this is because of I loaned my coins to someone during the hard fork.

So what can/should I do?
If I sell the ETCs, does this affect my actual amount of ETH coins I have on Poloniex, or are these completely separated from each other?
Can I sell the ETCs for profit without any retaliation, are these just given to med by Poloniex?

They are different coins.

Seemingly your ETH is safe from replay attacks, but ETC not(unless u move them to a new account).


Vitalik statement:
This is completely technically wrong; ETH clients will accept no chain without block 1920k containing the fork transition

https://twitter.com/VitalikButerin/status/757551562407473152
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