Topic: [ANN] Ethereum: Welcome to the Beginning - page 894. (Read 2007090 times)
Read my take on the debates taking place now.
https://steemit.com/dao/@joseph/the-dao-byzantine-debate
hmmm right investors get back what they invested hmmm reminds me of a running word 2008 to big to fail
investors take a risk and get if they are lucky big reward if not lucky lose all
isnt that what risico investment means ?
and not like the old paradigma privatice winning and socialice losses ?
if they roll it back it means every ether holder will pay for there bad investment and the roll back isnt it ?
didnt slock.it do the code
what do they say to it ?
investors take a risk and get if they are lucky big reward if not lucky lose all
isnt that what risico investment means ?
and not like the old paradigma privatice winning and socialice losses ?
if they roll it back it means every ether holder will pay for there bad investment and the roll back isnt it ?
didnt slock.it do the code
what do they say to it ?
yes they will "shut down", nevertheless its not like a power off or delete button.
Then there's like written in the thread in DAO about all that is going on, I agree 100%+:
the user Grybold
"In General, for myself decided the following:
About DAO and Ether:
1. Broadcast as a platform for smart contracts is undoubtedly the next step cryptoviruses.
2. The draft DAO is truly a revolutionary idea.
3. The revolutionary aspect of this idea will be revealed in full, when will be funded, then work funded projects.
About the break:
1. Hacking has undermined the credibility of the project TheDAO on the part of investors.
2. The idea which is going to implement TheDAO will be developed, by whom and in what form will understand in the near future, breaking this bump that came across on the road.
3. The volatility of the Ether ... it's just volatility, because the injured one, albeit the largest project on the platform of the Ether.
About decentralization:
1. The idea of decentralization is a great idea, but now she follows a path of becoming, we (cryptologist) have not yet exploited to the full, we run and test, trying to understand the capabilities that it includes.
2. TAO is an implementation of a decentralized system of relationships created by PEOPLE, designed to benefit people on a global scale, therefore, being innovative in the technological and social scale, it is a priori fraught with problems (bugs), sometimes critical, and our goal is to bring these problems to a minimum.
3. When it detects critical problems can slow the development of the system (stress - to slow, not stop, because the idea of decentralization, a simple break-do not destroy) these problems should be eliminated, i.e. to find the cause and to make sure that this does not occur in the future.
4. Yes the hacking was performed according to the rules of the basic smart contract, but we (the crypto community) see that the hacking was caused by a mistake in the contract, this smart contract triggered incorrectly, this should not be. If you forgot to lock the door and you get robbed, it is your fault that you forgot about security, but this is your house, a TV and a kitchen set do not automatically go to the one who entered your house through nezapertoy the door and robbed the apartment.
5. Investments in decentralization is first and foremost a trust, it motivates the development of ideas and projects with it (decentralization) related that the money invested is a form of trust, so at this stage, investors need to regain that trust.
6. Since in this case the trust is invested, they should be back where they were stolen, showing that in a critical situation the community is able to respond adequately to, not replacing the concept of decentralization and the critical mistakes at the stage of development of the system.
About future events (IMHO):
1. The ether is not in danger, because it is not compromised, 2-3 weeks and the new high $ and the cue ball will see, and after Polovinnaya the cue ball will go higher.
2. After soft-hard fork (most likely it will hold) the project team theDAO will continue its efforts to create a DAO Link. Some investors will withdraw the tokens in the air, I guess the output token will be accompanied by their combustion. Some investors tokens will not withdraw, I think that will remain 60-70% of tokens from the total number generated.
3. The complete elimination of the current smart contract (unless you consider that all the new transports, this will clean unnecessary) and especially the project TheDAO regard as extremely unlikely.
4. Possibly followed by the creation of a new contract created in accordance with the code of audit, this contract will move all remaining tokens.
5. A further approach to writing smart contracts will be accompanied by a serious code audit, gradually, within 2-3 months we will see good growth rates DAO tokens, which will signal the restoration of confidence.
6. Followed by even greater appreciation of the DAO ecosystem because the new DAO will have to consider the mistakes of the pioneers theDAO.
7. As one would expect the development of ideas will continue, the current break will be considered as an event which retarding influence on the development of the Institute of TAO, how slow we have the chance to see it in the near future, as well as to affect".
the user Grybold
"In General, for myself decided the following:
About DAO and Ether:
1. Broadcast as a platform for smart contracts is undoubtedly the next step cryptoviruses.
2. The draft DAO is truly a revolutionary idea.
3. The revolutionary aspect of this idea will be revealed in full, when will be funded, then work funded projects.
About the break:
1. Hacking has undermined the credibility of the project TheDAO on the part of investors.
2. The idea which is going to implement TheDAO will be developed, by whom and in what form will understand in the near future, breaking this bump that came across on the road.
3. The volatility of the Ether ... it's just volatility, because the injured one, albeit the largest project on the platform of the Ether.
About decentralization:
1. The idea of decentralization is a great idea, but now she follows a path of becoming, we (cryptologist) have not yet exploited to the full, we run and test, trying to understand the capabilities that it includes.
2. TAO is an implementation of a decentralized system of relationships created by PEOPLE, designed to benefit people on a global scale, therefore, being innovative in the technological and social scale, it is a priori fraught with problems (bugs), sometimes critical, and our goal is to bring these problems to a minimum.
3. When it detects critical problems can slow the development of the system (stress - to slow, not stop, because the idea of decentralization, a simple break-do not destroy) these problems should be eliminated, i.e. to find the cause and to make sure that this does not occur in the future.
4. Yes the hacking was performed according to the rules of the basic smart contract, but we (the crypto community) see that the hacking was caused by a mistake in the contract, this smart contract triggered incorrectly, this should not be. If you forgot to lock the door and you get robbed, it is your fault that you forgot about security, but this is your house, a TV and a kitchen set do not automatically go to the one who entered your house through nezapertoy the door and robbed the apartment.
5. Investments in decentralization is first and foremost a trust, it motivates the development of ideas and projects with it (decentralization) related that the money invested is a form of trust, so at this stage, investors need to regain that trust.
6. Since in this case the trust is invested, they should be back where they were stolen, showing that in a critical situation the community is able to respond adequately to, not replacing the concept of decentralization and the critical mistakes at the stage of development of the system.
About future events (IMHO):
1. The ether is not in danger, because it is not compromised, 2-3 weeks and the new high $ and the cue ball will see, and after Polovinnaya the cue ball will go higher.
2. After soft-hard fork (most likely it will hold) the project team theDAO will continue its efforts to create a DAO Link. Some investors will withdraw the tokens in the air, I guess the output token will be accompanied by their combustion. Some investors tokens will not withdraw, I think that will remain 60-70% of tokens from the total number generated.
3. The complete elimination of the current smart contract (unless you consider that all the new transports, this will clean unnecessary) and especially the project TheDAO regard as extremely unlikely.
4. Possibly followed by the creation of a new contract created in accordance with the code of audit, this contract will move all remaining tokens.
5. A further approach to writing smart contracts will be accompanied by a serious code audit, gradually, within 2-3 months we will see good growth rates DAO tokens, which will signal the restoration of confidence.
6. Followed by even greater appreciation of the DAO ecosystem because the new DAO will have to consider the mistakes of the pioneers theDAO.
7. As one would expect the development of ideas will continue, the current break will be considered as an event which retarding influence on the development of the Institute of TAO, how slow we have the chance to see it in the near future, as well as to affect".
They will shut down theDAO if i understood correctly from this interview: https://www.youtube.com/watch?v=GvgTivwzcuo
The trust of that dapp has been lost and it's better to build a new one and have this one terminated.
The trust of that dapp has been lost and it's better to build a new one and have this one terminated.
Acctually they will shut it down and return the ETH back to the investors. It's called hard fork and this is most likely scenario which is great in my opinion, investors lose nothing (except huge price drop in Ether) and the hacker gets nothing (except what he gained on trading when he knew the Dao and Ether price will collapse).
TheDao funds are frozen for another 27 days, after that Ether crew will do what i wrote.
TheDao funds are frozen for another 27 days, after that Ether crew will do what i wrote.
They can fork to prevent hacker from massive profit but they should burn the stolen ETH. This would help restore the value the DAO and DAO investors cost ETH.
This isn't preschool, there are no do-overs for bad investment decisions. The DAO investors or any others should never get preferential treatment.
Put on your big boy pants DAO tools.
Who has not seen.. https://blog.slock.it/what-the-fork-really-means-6fe573ac31dd#.f2cg1hnah on the one hand soft plug blocking means.. but then you can think about what to do with them.. might be able to provide a decision, the main coins will not go to the market and will not be able even to hurt the price of live. And the fact that they cannot drain the main owners as well because the course is not selling. Although not very well as part of a separate people. have invested a lot in DAO. There is also the view that in this case, to return to the community of ether it will buy in the market and that could be the cause of the collapse.. that is to buy cheaper to return in exchange for tokens of the DAO.
But hardwork there is a very entertaining, no rollback blocks hashing.. that is a cool option, I don't know what is best. Need to perform further steps, then, in the framework of DAO system ether.
But hardwork there is a very entertaining, no rollback blocks hashing.. that is a cool option, I don't know what is best. Need to perform further steps, then, in the framework of DAO system ether.
Acctually they will shut it down and return the ETH back to the investors. It's called hard fork and this is most likely scenario which is great in my opinion, investors lose nothing (except huge price drop in Ether) and the hacker gets nothing (except what he gained on trading when he knew the Dao and Ether price will collapse).
TheDao funds are frozen for another 27 days, after that Ether crew will do what i wrote.
TheDao funds are frozen for another 27 days, after that Ether crew will do what i wrote.
虽然DAO被盗，我还是继续看好以太
keep hope alive, hope eth comes back
Is there someone who has information about the eventual date of switching from PoW to PoS of Ethereum?
Try Google.
Hello Crypto Fellas,
just a quick question:
Is there someone who has information about the eventual date of switching from PoW to PoS of Ethereum?
Many thanks.
just a quick question:
Is there someone who has information about the eventual date of switching from PoW to PoS of Ethereum?
Many thanks.
I'm little surprised that the Eth overloads don't entertain some sort of "hack the DAO" contest".
They spread some thousands of eth among different structured DAO's and have the outside world hack away. The reward being the monies in the various DAO's. The DAO amounts could be scaled in accordance to some sort of difficulty metric.
They spread some thousands of eth among different structured DAO's and have the outside world hack away. The reward being the monies in the various DAO's. The DAO amounts could be scaled in accordance to some sort of difficulty metric.
Now is the best time to buy a.., yesterday, all the gift was.. a few days will be entered softform and gradually improving. I think the team hacker works primarily on large shorts, and on several exchanges, and their task is to push the market down as much as possible, they started to short with 2800k. However, after solving the problem with steal ether the cause of the fall neytralizuya, because they might hurry.. look.. don't know will they be able to push the market or not, there are a maximum of 5 days. I try to combine the largest holders of air and bits for the purpose of deduction of the market, to avoid the collapse. It is useless. Remember, after a good decision will be made by the network, the rate can soar above 2000-2500к at the same rate as it fell faster. If you are ideological fan of Ethereum, try to support the ETH.
it has a major security flaw. so shut it down and start again. give back the invested eth and stop him in his tracks
The plan is to close down the DAO according the Stephen Tual. All the Etherum will be given back to the investors.
If the plan work as planned, mass media might wrote it as a successful defence against "hack or theft" and in turn increase the perception of ethereum. offcourse most ppl here might have different perception.
btw i just remember why dont we have testnet Dao ?
it has a major security flaw. so shut it down and start again. give back the invested eth and stop him in his tracks
The plan is to close down the DAO according the Stephen Tual. All the Etherum will be given back to the investors.
eth 舞弊
卖
卖
虽然DAO被盗，我还是继续看好以太
yeh i can read and that tells me a whole lot. try explaining why?
before any discussions please see this first:
https://www.youtube.com/watch?v=RHcLKrkwPLQ&feature=youtu.be
it's too complicated to repeatedly explain it...
yeh i can read and that tells me a whole lot. try explaining why?
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