Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 40. (Read 1076368 times)

you is a n00b!    ===>  welcome to BITCOINTALK!!    LOL!!

EMC2 is open source.

If anyone wants to propose something there is a way to do it by submitting pull request in github.

There are plenty of things that can be done with the wallet, for example UI update.

If anyone wants to implement master nodes, just go ahead, do coding , submit the code, and we will do code review, test it, if it is working - boom.

You are a child. We’re done talking.

To the rest  of the community:  please speak up and share your disdain for this guy.

If anyone feels like the team is not doing a good job or does not like the direction EMC2 is heading please let your voices be heard or better yet, come talk to us and join the team yourself!

We are a community and those that support the idea of creating transparency in charity and politics should help further this cause.

Criticism is welcome and warranted, trolling is not.

#1 there is no foundation ~ show me proof! ===> if there is they are not doing their job.

#2 yes there are many distributed exchanges being used right now ===> https://bitcointalksearch.org/topic/list-of-decentralizedcentralized-exchanges-2906237

#3 emc2 is a clone of bitcoin/litecoin using proof-of-work ===> see github

#4 don't quit your day job n00b. ===> you are very very confused as to what's happening in crypto right now.

 

#1 what gives YOU the authority to change an OPEN SOURCE PROJECT?

I am not changing it. The Foundation, which is comprised of members of the EMC2 community (including myself) is doing the switch, which is being supported by the rest of the EMC2 community and the exchanges.


#2 the centralized exchanges are being replaced by DISTRIBUTED EXCHANGES just like the original bitcoin in the future everything will need to run on peer-to-peer distributed networks.
*read* ===> http://www.gnu.org/philosophy/free-sw.html

We'll work with the decentralized exchanges just the same if this becomes reality. In the meantime, we will work in partnership with the exchanges we are listed on which provide the most utility and accessibility to blockchain assets to the global community

#3 HONEYBADGER DON'T GIVE A FUCK about government compliance. Bitcoins' uncanny regulation occurs within the software itself, whereas it's not possible via governments local or otherwise to "control bitcoins".

Wonderful, glad to know you are so against authority. EMC2 is not a good fit for you my friend.

*read*===> satoshi whitepaper if you are confused.

Not confused. Perhaps you are. This is NOT bitcoin.

Bottom line: You do not represent the views of the EMC2 community, nor its core members. You spread lies, rumors, misinformation to the rest of the community. We would all appreciate if you found a more productive use of your time. Obviously you dislike the changes that are being made. Perhaps you should look into some other projects that are more akin to what you are describing. That is not what is happening with EMC2.
 
 



[/quote]

#1 what gives YOU the authority to dictate changes to an OPEN SOURCE PROJECT? ===> #EMC2 COMMUNITY WHAT?

#2 the centralized exchanges are being replaced by DISTRIBUTED EXCHANGES just like the original bitcoin in the future everything will need to run on peer-to-peer distributed networks.
*read* ===> http://www.gnu.org/philosophy/free-sw.html

#3 HONEYBADGER DON'T GIVE A FUCK about government compliance. Bitcoins' uncanny regulation occurs within the software itself, whereas it's not possible via governments local or otherwise to "control bitcoins".

*read*===> satoshi whitepaper if you are confused.

 

Once the algo has been switched, all the coins on the old chain will be rendered useless. Bittrex, Poloniex and other exchanges will support the change as will Excalibur and the mobile wallets.

The centralized exchanges are creating reform and we support their transition to mainstream acceptance. This does not seem to allign with your world view but this is the direction blockchain is headed.

It is our mission to be a fully transparent blockchain and organization.

Once the new systems are put in place we will be working with local and international governments to help broaden the scope of compliance. While I realize some may dislike the direction we are heading, I assure you there are plenty of other coins which people can choose from that are private, anonymous etc. this isn’t what we represent.

For the people that are not informed enough,

Attacks are actually good things. They test the coin and also test the team and everything else.
They are like viruses causing cold/flu. If it happens things get cleared and life moves on. Your immune system gets stronger.

The B.S. website posted above shows some data that might have some theory behind but are actually more of a story for kids.

We had the real attacks, and we had so many of them last year, starting from June. On every Wormhole we had profit hunting attack which had same effect. 400x more hash than what would be natural for the chain (volume/price) would come to mine EMC2 and cause all kinds of problems like orphan blocks, fluctuations in difficulty, destroying pools and mining community...
Just to show some numbers: Our regular hash at that time was 10Ghs (now ~200Ghs, we grew) and we were able to see peaks of 4TH (at that time LTC hash rate was about 1.5 THs, so almost 3 times more than the whole LTC network)
The whole mining world would come to mine EMC2, and not only that they would compete using all kinds of tactics...

And? We survived and here we are!

It only forced us to learn blockchain technology to go through all of this.

That's  why I am free to say that EMC2 has one of the best tech teams in crypto world and EMC2 will do so much going further.  

While so many coins have no core knowledge and are switching to ERC20 looking all the same, we can do whatever we want now.

This is the reason why EMC2 will have  such good releases, Ben mentioned them, in coming months. Live learn.

Happy trading!

Malden

#1 switching to ethereum algo will not help this problem. + if this happens my team will continue to maintain/mine the original scrypt chain of emc2<<

#2 the centralized exchanges CANNOT BE TRUSTED

#3 good luck getting the Canadian mounted police or facebook corp. to help you with your 51% attack!! ===> this is pure comedy bro~~~BTC<3

 

We are implementing a new algo in the next few months which will further decentralize the mining. Beyond that, masternodes are coming in he fall. Additionally we work hand in hand with the exchanges who have massive resources to defend against attacks. Furthermore, we are implementing features in the next few months which will make mining and transferring of emc2 very transparent. So only way to attack would be to do so in a very public way and guarantee being caught by the authorities. Patience is key with new tech. Bugs will be fixed, security will improve.

this is very serious ~ if someone can spend less tha $100 to 51% the coin then what are the developers doing to stop this?
Many other coins' teams are taking direct action now to mitigate this, and we already know what the response time is for anything getting done with emc2...zzz  *yawn*

As I said, it's a fraud and, as such, it is against the law.  Consequenes would be a fee and/or prison time.Probably depending on jurisdiction.

What consequences? Do you have any example, since there were lots of attacks lately?

C'mon guys, I guess you're long enough in crypto to know better.
Yes, that might be power cost for 51% attack, but it's same like claiming it needs only $50 (for a handgun), to get a lot more by robbing a bank.
Double spend is fraudulent activity. Anyone can do it, but they should be prepared for the consequences.

Be serious...

Network hashrate almost doubled since you posted this, attack could be going at this moment...hope they change algo soon

https://www.crypto51.app/  ===> Einsteinium   EMC2   $40.50 M   Scrypt   141 GH/s   $33   13,859%

 

$33?

weeeee

Thank you. We are actively growing the team at the moment. All volunteers, but with the new direction we are going we are starting to build some nice momentum. If you want to get more involved please reach out!

Why are you talking about a new coin coin here, this is where the EMC2 coin discussion is.

actually patience always reverse a very good results in reward so be relax 

Hey peeps just saying I got into EMC2 when it was around a dolllar and has since plummeted but I dont care really like the idea ...kep doing your thing