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Topic: [ANN] Ethereum: Welcome to the Beginning - page 997. (Read 2007067 times)

legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
hero member
Activity: 658
Merit: 500
i'm trying to understand what those dapp are, are they some sort of contract that you can purchase on the ethereum platform?

Are you talking about my post (the mining of ethereum)?

I think it's a general question on the nature of DAPPS (what they are, what they're for).

Here's a great tutorial site that explains things pretty well.

https://dappsforbeginners.wordpress.com/

Of particular interest within the context of the original poster's message, are these few paragraphs:

Quote
The basics

Ethereum enables the decentralised web, referred to as ‘web 3’. What makes it different from web 2 is that on Ethereum, there are no web servers, and therefore no middlemen to take commissions, steal your data or offer it to the NSA, and of course nothing to DDoS.

A Dapp (‘decentralized app’) consists of two parts: a frontend, written in HTML, and a backend (think of it as the ‘database’ for your frontend).

Good news: if you like bootstrap, or any other framework, you can continue using them, as the frontend of dapps have full network access, and CDNs are accessible. In fact, for all intent and purposes, developing a frontend for a Dapp written HTML is the exact same as developing a website, and converting from web 2 to web 3 is in many cases trivial.

Even better news: you get reactive programming baked in (which should please angular, meteor and derby fans), by simply using callback functions, and there’s no new framework to learn.

Even even better news: because Ethereum relies on cryptographic principles to function, every Dapp knows the pseudonymous identity of each user. That’s right, users won’t need to ‘create accounts’ or ‘log on’ to access your dapps, and you can think of this as open ID by default, everywhere.

There is no bad news, except maybe for the bad actors from the web 2 world, such as dishonest exchanges running with the money or gambling sites falsifying random number information to make a quick buck. On Ethereum, the backend operations are validated by all nodes on the network, meaning that a backend will always will do what its code says it does. This is why you might have heard people call Ethereum ‘trustless’ – there’s no need for users to trust into a central authority to ‘do the right thing’.

Hope this helps.
legendary
Activity: 1134
Merit: 1000
i'm trying to understand what those dapp are, are they some sort of contract that you can purchase on the ethereum platform?

Are you talking about my post (the mining of ethereum)?
legendary
Activity: 2856
Merit: 1024
DGbet.fun - Crypto Sportsbook
i'm trying to understand what those dapp are, are they some sort of contract that you can purchase on the ethereum platform?
legendary
Activity: 1134
Merit: 1000
Does anyone know how to solo mine with GUI wallet and Ethereum miner? GUI wallet is much more simpler, cleaner and better in every way (Wallet 0.5.2 (Beta 10): https://github.com/ethereum/mist/releases ). The new version works pretty well for me.

As I know cannot be mined from that wallet. The mining option is disabled. And according to one of the authors of the wallet is disabled because if mined with this wallet (solo) the first block that this wallet will find will be not before ten years.
I do not mined with the GUI wallet. GUI wallet I would use to synchronize with blockchain. For mining I would use ETH Miner.

As for me again will have problems. The synchronization of the wallet with blockchain ask that the time of your computer by perfectly synchronized in every moment with the internet time or other official times that can be found at synchronization option of windows. Otherwise the wallet don't work at all or don't work properly. So you need to have every minute (or even less) a sync of the time of your computer through this service of windows in order that be sure that this option work as it needed. To not tell that the wallet is yet on pre release (so yet not fully credible). See the link below. It is showed how to mine installing Geth and Eth miner. It is a simple and productive way of mining. I am having the max from my GPU and the computer have any kind of problem mining compared with the time in which I mined bitcoin.

https://www.cryptocompare.com/mining/guides/how-to-mine-ethereum/

Anyhow I suggest to not mine solo but in pool. There can find the link which explain even this option.
newbie
Activity: 46
Merit: 0
What's up with poloniex?Huh?

It is under DDOS attack Sad

Homestead release comes in a few hours, and somebody wants to keeps the price down.
No, they keep the price not downing. Look at the chart after ddos attacked polo, the price raised up with small vol before dumped and the bear trend continue
hero member
Activity: 1792
Merit: 728
legendary
Activity: 1456
Merit: 1000
ok, now that homestead is running, when will POS begin and pow stop ?
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
My current ETH rig is using Nvidia GT-970, mining with etherminer.exe - its hashing well to dwarfpool.
I have a new rig setup using AMD R9-390, any suggestions on best miner to use and syntax to dwarfpool or ethpool?

Stop mining to dwarfpool. They are over the 50% total hash rate limit.
hero member
Activity: 1792
Merit: 728
ethereum listed on https://vip.bitcoin.co.id/ethbtc

trade eth with 0% fee

thanks
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
My current ETH rig is using Nvidia GT-970, mining with etherminer.exe - its hashing well to dwarfpool.
I have a new rig setup using AMD R9-390, any suggestions on best miner to use and syntax to dwarfpool or ethpool?
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Im sure u agree ETH is undervalued best way to make money on this is do what i do...buy and hold, ( maybe trade 10%-20% if its obvious going down like last week ) day trading is foolish on something that has just come out of beta phase.
within next 7days ( maybe-tues,wed) we will be around 0.05 or higher imho
gd luck m8

Completely agree with you mate. ETH is way too undervalued right now, but things could get moving now that we have finally reached the Homestead release. The DDoS attack was none other to affect ETH's price, but all of this will get sorted sooner or later. I am holding ETH for long term as it is definitely a good investment (at least right now). Perhaps, ETH will hit $20 real soon. Just wait and see.  Roll Eyes
hero member
Activity: 711
Merit: 500
Does anyone know how to solo mine with GUI wallet and Ethereum miner? GUI wallet is much more simpler, cleaner and better in every way (Wallet 0.5.2 (Beta 10): https://github.com/ethereum/mist/releases ). The new version works pretty well for me.

As I know cannot be mined from that wallet. The mining option is disabled. And according to one of the authors of the wallet is disabled because if mined with this wallet (solo) the first block that this wallet will find will be not before ten years.
I do not mined with the GUI wallet. GUI wallet I would use to synchronize with blockchain. For mining I would use ETH Miner.
legendary
Activity: 1960
Merit: 1022
hero member
Activity: 658
Merit: 500
If what you're saying is true, then every time an ETH is bought or sold for BTC, the volume is attributed on both sides of the ledger (i.e. it's ETH volume and it's also BTC volume). That's not how it works. CoinMarketCap treats Bitcoin as the primary crypto currency
I'm not sure how CoinMarketCap is designed to works. What I described is the correct way of how volume should be accounted for in general. Volume doesn't care if it is a sell or buy transaction. All BTC transactions are accounted in BTC and all ETH tranactions are accounted for in ETH. It doesn't matter if they are sell or buy orders.

Yes, true. But currently when volume is spoken of in this crypto realm (and in essence how CoinMarketCap is operating) BTC volume is only ever buy/sell against FIAT. However ETH, DASH, DOGE, LTC, etc volume is a combination of buy/sell against BTC and FIAT (and the corresponding BTC buy/sell that naturally occurs when buying or selling the Alt via BTC isn't then attributed to BTC's volume).
legendary
Activity: 3431
Merit: 1233
If what you're saying is true, then every time an ETH is bought or sold for BTC, the volume is attributed on both sides of the ledger (i.e. it's ETH volume and it's also BTC volume). That's not how it works. CoinMarketCap treats Bitcoin as the primary crypto currency
I'm not sure how CoinMarketCap is designed to works. What I described is the correct way of how volume should be accounted for in general. Volume doesn't care if it is a sell or buy transaction. All BTC transactions are accounted in BTC and all ETH tranactions are accounted for in ETH. It doesn't matter if they are sell or buy orders.
member
Activity: 89
Merit: 10
@renegademan: you are completly right telling how coinmarketcap is handling it right now. if this makes any sense is an other story...
legendary
Activity: 1134
Merit: 1000
Does anyone know how to solo mine with GUI wallet and Ethereum miner? GUI wallet is much more simpler, cleaner and better in every way (Wallet 0.5.2 (Beta 10): https://github.com/ethereum/mist/releases ). The new version works pretty well for me.

As I know cannot be mined from that wallet. The mining option is disabled. And according to one of the authors of the wallet is disabled because if mined with this wallet (solo) the first block that this wallet will find will be not before ten years.
hero member
Activity: 658
Merit: 500
ETH to BTC --> BTC
BTC to ETH --> ETH
simple.
That is wrong. Both should be reported as BTC volume and both should be reported as ETH volume.
thank you!

@becoin I don't think that's correct. If you look at the 24 hour volume rankings page on CoinMarketCap it never reports BTC volume as anything other than buying and selling of BTC in all the different FIAT pairs. When ETH is bought and sold for BTC, that volume is exclusively reported as ETH volume. If what you're saying is true, then every time an ETH is bought or sold for BTC, the volume is attributed on both sides of the ledger (i.e. it's ETH volume and it's also BTC volume). That's not how it works. CoinMarketCap treats Bitcoin as the primary crypto currency and when Alts are bought and sold, their volume of sales are reported under their respective identities and that volume is not then also attributed to BTC's volume.

As I mentioned before, that's the current situation and if another crypto type were to end up with a greater market cap than BTC, CoinMarketCap will probably have to change the manner in which volume is calculated (and there'd be some complications with that when - if ETH was higher market cap - ETH/BTC buy/sells would have to be taken out of the measurement and only ETH/FIAT left in; as is the case currently with BTC).
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