Topic: [ANN] ICONOMI - Fund Management Platform - page 399. (Read 1253953 times)

Completely agreed, this is how you make things work but well there are a lot of speculators, fud and obviously "bad" news that influence the short term price. Long term we all know that Ethereum is something special and could even overtake Bitcoin or make it obsolete. Not Ethereum itself but all its tokens and ecosystem could render some technologies useless. We know Bitcoin is still king but it hasn't made much progress in terms of adoption and popularity, blocks are full, plenty of different camps. Even if it's rallying right now, we all know it's temporary.

The future is full of doubts, we can have Ethereum at $100 and Bitcoin at $2000 and beyond in 2017-18 or nothing at all since crypto projects still can't seem to come up with the killer app for the average user or company. Once that happens (if it happens) then I'm sure we'll all be very wealthy as early adopters of many of these projects.

Yeah do not panic, because the ICN has not entered into BITTREX and POLONIEX
#Traderslogic

Ethereum is the biggest smart contract platform with the most people working on it. That alone would be reason enough for me to stay there.

There is a decent chance, that the reason why ethereum looks so full of holes is, that it's constantly in the spotlight and a lot of eyes are examining it closely. Take a coin like counterparty, give it a billion dollar market cap and as many people working on it as ethereum and see how many flaws you will find then.

Just because something doesn't look broken, doesn't mean that it isn't. Maybe you just didn't look closely enough.

u must see it
https://cointelegraph.com/news/bitnation-releases-marriage-app-smart-love-on-ethereum-blockchain

but why would you want to keep your stuff off of an exchange?

Ethereum is quite resilient even though a lot of negative stuff is going on.

It has the support of many big parties which will help to keep it afloat and a strong development team that seems to come up with something quite quickly.

NOTE: I'm not a big fan of ethereum, just stating my observations.

i need more icn in my wallet

I'd be more worried about constraining the growth of ICN if they switched to a smaller platform.

I'd rather see them launch their own blockchain if they wanted to move away from Ethereum.  In that case, they might have to deal with a lot of forking, hard forks, and debugging that is common with a lot of new blockchains.

A Lisk sidechain could also become a viable option, but there needs to be a lot of growth first before Lisk platform could support a huge project like ICN.

NXT---ARDR

Be patient and to da moon!

Forking every week and having different major issue so often is a big problem, beta or not. But like MoveCrypto said, we don't really have any other option for now.

Ethereum is still in 'beta' so I think there is not any problem, it's not stable yet .

Aren't you worried with all these weekly forks? Stability is crucial at this stage.

What projects are on counterparty? Also, do you have to pay dividends in bitcoin if u use xcp? It would be quite expensive.

Maybe we will see some ICN dumped in next hours.

Sounds good to me! 

7246 BTC market cap and 11 BTC daily trade volume.

No crypto asset has ever traded at a higher market cap than the platform it lives on.

Bitcoin blockchain would be too expensive to use, so Ethereum is currently the only choice of vehicle to take us to the moon.

ICN could always launch their own blockchain if they really needed to.  For now, it's more efficient to let the Ethereum developers focus on maintaining a blockchain instead of hiring developers to do it in house.

CounterParty??

Maybe?

yeah, ethereum looks more and more like forkereum. And it doesn't like it is the last one.
It would be really good if other chains were considered. But which one?

Yes of course, it's not due legal reasons. I still think that it is due the NDA between iconomi and poloniex, there isn't any other possible valid reason.

Parity and Geth, Ethereum’s two main clients, went out of synch at around 3PM London time today, accidentally creating two chains operating in parallel. As such, Ethereum’s blockchain currently is not in consensus. Users, especially exchanges, are strongly urged to refrain from transacting or to wait for a very high number of confirmations until the matter is resolved.

Developers are currently working as a matter of urgency to resolve the issue with a solution to be expected within hours.

Nick Johnson, one of the main developers of the Geth client, stated to CCN:

“The root cause is an edge case around the state clearing; if an empty account is ‘touched’ so that it would normally be removed, but the call that ‘touched’ it goes out of gas, Geth will still remove that account from the state, while Parity will not.

The EIP doesn’t explicitly state one or the other is correct, but everyone’s agreed that Parity’s implementation makes more sense. Not explicitly spelling this out in the standard, and not writing a consensus test for this edge-case was an unfortunate oversight.

The solution is that the Geth team is currently coding up a patch that fixes Geth’s behaviour to match that of Parity. We expect to push out a release soon.”

Gavin Wood, founder of Parity Technologies, told CCN that there was a bug in Geth which meant that “around half the network was mining using this broken Geth, half on the correct Parity.” Wood says that “Parity will continue running unchanged with no reversions,” but those operating on Geth may expect a rollback. On that point, Johnson states:

“The geth side of the fork will become non-canonical and be discarded. Most transactions should be included on both sides of the fork, so most users won’t experience a rollback. The main risk is assuming transaction finality when interacting with other systems, such as exchanges accepting deposits and paying out in fiat.”

Wood stated that Geth will be fixed and the “mainchain will continue unperturbed,” but until then everyone needs to exercise caution as ethereum’s blockchain is not currently operating under normal circumstances.

The situation is in many ways comparable to Bitcoin’s split in 2013 and 2015. In both cases, a network upgrade led to accidentally two chains because of a bug. For a period of six hours, miners were mining on different chains, with the eventual end result a roll back to one chain and the other discarded.

Eth’s current accidental split is also a result of a network upgrade. The digital currency just finished a number of optimizations to address certain vulnerabilities two days ago, but a bug in the slightly different approaches of the two clients as explained by Johnson above has now led to a network split.

As stated, the issue should be resolved within hours, but in the meantime, especially if you are using a Geth client, it is probably best to not transact at all or wait for a number of confirmations that amounts to hours or longer, until a final resolution.