[ANN] Ethereum: Welcome to the Beginning - page 864.

becoin

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Quote from: jc12345 on July 15, 2016, 05:07:54 AM

Quote from: becoin on July 15, 2016, 04:24:47 AM

Quote from: bbc.reporter on July 15, 2016, 03:54:01 AM

Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.

Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.

It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.

jc12345

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Quote from: becoin on July 15, 2016, 04:24:47 AM

Quote from: bbc.reporter on July 15, 2016, 03:54:01 AM

Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.

Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable. What I do agree with is once the devide is crossed and the rabbit hole is entered, there is no turning back and the potential of more hard forks is there that business must be aware of. What is the truth today might not be tomorrow if the powers at be decide so for some reason, which has to be factored into a risk assessment.

becoin

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Activity: 3431

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Quote from: bbc.reporter on July 15, 2016, 03:54:01 AM

Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.

Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

juicejoyce

legendary

Activity: 882

Merit: 1001

believe in the ETH and DAO.

bbc.reporter

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Quote from: estenity on July 15, 2016, 02:39:39 AM

Quote from: Seast on July 15, 2016, 02:12:01 AM

Quote from: bbc.reporter on July 15, 2016, 01:24:36 AM

This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,

Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again. But we'll see where it goes from here. This could be a trap.

dumana

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Activity: 148

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Quote from: estenity on July 15, 2016, 02:39:39 AM

Quote from: Seast on July 15, 2016, 02:12:01 AM

Quote from: bbc.reporter on July 15, 2016, 01:24:36 AM

This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,

The DAO price has already risen. In poloniex, the DAO price is 0.96% of the Etheruem, not far away from 1%.

estenity

hero member

Activity: 1928

Merit: 538

Quote from: Seast on July 15, 2016, 02:12:01 AM

Quote from: bbc.reporter on July 15, 2016, 01:24:36 AM

This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,

Seast

newbie

Activity: 77

Merit: 0

Quote from: bbc.reporter on July 15, 2016, 01:24:36 AM

This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

bbc.reporter

legendary

Activity: 3192

Merit: 1509

Quote from: Mrpumperitis on July 15, 2016, 12:06:02 AM

https://blog.slock.it/hard-fork-specification-24b889e70703#.wkudn2ywh
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/

vladzamfir 9 points 4 hours ago
We're returning it to the purchaser, not the current token hold.
If during the creation period you paid 1.5 eth for 100 dao tokens with address 0xdeadda0, and have since transferred the 100 dao tokens to me at address 0xbeefda0, I would be able to claim 1 eth for the 100 dao tokens (by sending them from 0xbeefda0), and you would be able to claim 0.5 eth by sending a message from 0xdeadda0.
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/d5cpmxa

https://www.reddit.com/r/ethereum/comments/4svman/neutral_stance_the_way_it_should_be/
https://github.com/ethereum/mist/pull/970

This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

bbc.reporter

legendary

Activity: 3192

Merit: 1509

Quote from: revelacaogr on July 13, 2016, 11:16:19 AM

worth read

On Ponzi’s, Equity Derivatives, and Ethereum

http://www.wallstreettechnologist.com/2016/07/12/on-ponzis-equity-derivatives-and-ethereum/

............Ethereum was a project funded with 18m USD of value mostly in BTC. After writing a whitepaper and creating a proof of concept prototype, they hired developers to write it. Most of them were loaned money and worked for free but were promised exorbitant 20% bonuses after the crowd-sale. They made a windfall after selling ETH before the blockchain was even in operation in what is called an initial coin offering or ICO to the public. Once the money was raised they patted themselves on the back, and all the developers who were promised pay in stock options (ETH) simultaneously breathed a sigh of relief and cheered.....................

Wow. That article basically says that the Ethereum Foundation is the scum of the Earth and is out there only to profit out of the naivety of the people. In all honesty I find that hard to believe. I think Vitalik is really serious in creating some sort of legacy in crypto. But as we have slowly realized it might not be so.

Mrpumperitis

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Activity: 2856

Merit: 1075

https://blog.slock.it/hard-fork-specification-24b889e70703#.wkudn2ywh
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/

vladzamfir 9 points 4 hours ago
We're returning it to the purchaser, not the current token hold.
If during the creation period you paid 1.5 eth for 100 dao tokens with address 0xdeadda0, and have since transferred the 100 dao tokens to me at address 0xbeefda0, I would be able to claim 1 eth for the 100 dao tokens (by sending them from 0xbeefda0), and you would be able to claim 0.5 eth by sending a message from 0xdeadda0.
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/d5cpmxa

https://www.reddit.com/r/ethereum/comments/4svman/neutral_stance_the_way_it_should_be/
https://github.com/ethereum/mist/pull/970

Mrpumperitis

legendary

Activity: 2856

Merit: 1075

https://www.youtube.com/watch?v=6Gf_kRE4MJU
Published on 14 Jul 2016
An introduction to MetaMask for the July 2016 Developer Release. Learn more at https://metamask.io
MetaMask is a chrome browser extension for using the Ethereum blockchain in a normal browser. Shocked

https://www.reddit.com/r/ethereum/comments/4svuqp/metamask_public_developer_beta_begins_our/

Awesome

revelacaogr

legendary

Activity: 1316

Merit: 1021

2009 Alea iacta est

Is the DAO hacker accumulating DAO tokens to accumulate more ETH to dump after the Hard Fork?

https://steemit.com/ethereum/@afilja/is-the-dao-hacker-accumulating-dao-tokens-to-accumulate-more-eth-to-dump-after-the-hard-fork

madmartyk

legendary

Activity: 2702

Merit: 1030

Yes I am a pirate, 300 years too late!

Quote from: randayh on July 14, 2016, 09:38:04 AM

New 0% fee ethereum pool!

Pro-Fork pool!

blocks, uncles, and transactions fully paid.

http://epool.io

Stratum:
us.eth.epool.io:8008

Getwork:
us.eth.epool.io:8888

Specs:
0 Pool Fees
15 Minute payouts
0.10 minimum payout threshold
Stratum 8008 Getwork 8888 both supported.

Miner Configurations:

Windows: ethminer.exe -F http://us.eth.epool.io:8888/

/ -G

Linux: ethminer -F http://us.eth.epool.io:8888/

/ -G

Tried to connect with Claymore but gave me errors.

Ekanenf

full member

Activity: 290

Merit: 100

Quote from: randayh on July 14, 2016, 09:38:04 AM

New 0% fee ethereum pool!

Pro-Fork pool!

blocks, uncles, and transactions fully paid.

http://epool.io

Stratum:
us.eth.epool.io:8008

Getwork:
us.eth.epool.io:8888

Specs:
0 Pool Fees
15 Minute payouts
0.10 minimum payout threshold
Stratum 8008 Getwork 8888 both supported.

Miner Configurations:

Windows: ethminer.exe -F http://us.eth.epool.io:8888/

/ -G

Linux: ethminer -F http://us.eth.epool.io:8888/

/ -G

It is nice to see one more pool supporting the hard fork. When will the hard fork actually happen?

randayh

sr. member

Activity: 386

Merit: 250

New 0% fee ethereum pool!

Pro-Fork pool!

blocks, uncles, and transactions fully paid.

http://epool.io

Stratum:
us.eth.epool.io:8008

Getwork:
us.eth.epool.io:8888

Specs:
0 Pool Fees
15 Minute payouts
0.10 minimum payout threshold
Stratum 8008 Getwork 8888 both supported.

Miner Configurations:

Windows: ethminer.exe -F http://us.eth.epool.io:8888/

/ -G

Linux: ethminer -F http://us.eth.epool.io:8888/

/ -G

Zaducis

sr. member

Activity: 441

Merit: 250

Quote from: cohnhead on July 13, 2016, 04:33:46 PM

we do know for sure there was 3miilion shorted on bitfinex just prior to DAO attack ...a huge interest by any measure. Coincidence, I think not. selfjustice is how the system is designed isn't it. Miners ultimately choose whats in their best interest....its the cornerstone of having a distributed pow blockchain. And if they choose to mead out justice in the form of a HF than so be it. Those who don't like it can rent or buy mining equipment and hash another fork.

I will support the hard fork with my GPU mining power. Although it is small hashing rate, it is my contribution to the network.

roselee

legendary

Activity: 1078

Merit: 1000

Quote from: cohnhead on July 13, 2016, 04:33:46 PM

Quote from: roselee on July 13, 2016, 10:44:45 AM

Quote from: cohnhead on July 13, 2016, 08:56:42 AM

Quote from: roselee on July 13, 2016, 04:45:20 AM

Quote from: Auponef on July 13, 2016, 04:39:37 AM

Quote from: tipto on July 12, 2016, 03:19:07 PM

Quote from: cohnhead on July 12, 2016, 11:46:03 AM

Quote from: Zaducis on July 12, 2016, 11:38:48 AM

Quote from: tipto on July 12, 2016, 11:32:02 AM

Agree maybe we have to acceptt that the concept of DAO is still not feasible. I also understand the point of the DAO hacker. Using a programmed back door cannot be punished. We have also to consider that the flaw was known at least for some weeks.

I am not sure about that. If the hacker identifies himself, there could be some kind of law suit against him.

using a programed back door is absolutely punishable in most jurisdictions. in addition his actions were contrary to the benefit of the DAO as whole and should not be allowed to stand.
as far as the shorting of eth on exchanges (where the real money was made) not sure if that's regulated in so far as things like that go...so probably not punishable.

is hf happening on 15th?

Hacking back doors to get in systems is punishable but in this case it was a backdoor in a contract. So if you consider that the contract was created liked that then how one get punished to just use the contract as initially programmed. Interesting case. But if the hack is punishable than what about the punishment of a rollback which is against the system as a hole. My head is smoking..😊

The intention of the hacker is to still the money. That is the difference. It is an punishable offence.

hmm are we so sure of that ? he/she could have taken all the ether in the doa. he/she wasnt stoped! he/she just stoped after 3.6 mill .
if he/she was just after the money why not take all ?
i really think that "taker " didnt believe it would be posible to take them so easy and on the way he/she got scruple.

absolutely wrong, hacker intent was to steal...and most likely not by draining DAO as they knew they wouldn't be able to actually withdraw, but by causing panic and shorting ether on bitfinex.

good point but still we dont know for sure as long as there is no investigation and facts are shown to the public then a trail - judge or jury say guilty or not
but not some who might be involved in the cause of the problem
i say ether should not do selfjustic

we do know for sure there was 3miilion shorted on bitfinex just prior to DAO attack ...a huge interest by any measure. Coincidence, I think not. selfjustice is how the system is designed isn't it. Miners ultimately choose whats in their best interest....its the cornerstone of having a distributed pow blockchain. And if they choose to mead out justice in the form of a HF than so be it. Those who don't like it can rent or buy mining equipment and hash another fork.

and then you asume its the attacker but you dont know for sure till there was a investigation. you are right one can choose to rent hashpower. or leave the project and move on. seems like its bailing out the ones too big to fail.

wildduck

legendary

Activity: 966

Merit: 1001

Yes it is on top but still what about hardfork..

bbc.reporter

legendary

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Quote from: frostminer on July 13, 2016, 01:16:38 AM

Quote from: bbc.reporter on July 13, 2016, 12:03:26 AM

Quote from: frostminer on July 12, 2016, 02:37:26 PM

Who cares anyway?

Today EXP passed ETH in mining profitability.

Where can we find this information? Is there a website for this?

For instance https://www.whattomine.com/coins

Or check the pools and see what people are beeing payed at diff speeds.
Today ETH is on top again, but thats barely.

The other ethash coins are worth checking out.

EXPand, SHIFT, KRypton and SOIL.

Thank you. I think ETH is finally stable. It might be a good time to start observing it again. It is understandable that people are scared in buy ETH at this time. But in coming weeks I think this will be a good buy and people will have more confidence.

Topic: [ANN] Ethereum: Welcome to the Beginning - page 864. (Read 2007090 times)