People have also decided to buy and hold Ether, betting that it will become more valuable as more people want to use the network and need Ether to pay for the network’s computing power.
What does Ethereum have to do with Bitcoin? 
Topic: [ANN][ICO][CDRT] CREDEROOM - a digital era fintech company - ICO Campaign - page 4. (Read 9593 times)
February 05, 2018, 09:51:54 AM
February 05, 2018, 09:38:25 AM
People have also decided to buy and hold Ether, betting that it will become more valuable as more people want to use the network and need Ether to pay for the network’s computing power.
February 05, 2018, 08:16:48 AM
Those rules allow the Ethereum network to be programmed to complete certain types of computing tasks, with every computer on the network completing the task in parallel to ensure it is done correctly. Generally the tasks involve money.
February 05, 2018, 06:49:16 AM
Do you think the current PoW algorithm is a foundation that never should be changed? Let us know in the comments below.
February 05, 2018, 04:45:59 AM
It’s clear from the many conversations across cryptocurrency forums and social media that a PoW algorithm change is a pretty touchy subject. Whether or not discussions like these go further and see actual development remains to be seen.
February 05, 2018, 04:12:57 AM
With some miners threatening 51% attacks against Bitcoin, researching a PoW change is a good backup plan
Much less controversial than block size increases — In any case, there is no client software being promoted here, merely consensus-building. February 05, 2018, 03:41:03 AM
However following this statement Todd details that changing the PoW consensus mechanism is risky.
Lots of Bitcoin proponents across the web completely opposed the idea of a PoW change, while others thought the idea should be explored, and some explained the concept should truly be a last minute resort. February 04, 2018, 04:40:21 PM
However following this statement Todd details that changing the PoW consensus mechanism is risky.
February 04, 2018, 01:58:59 PM
With some miners threatening 51% attacks against Bitcoin, researching a PoW change is a good backup plan
February 04, 2018, 10:34:43 AM
Bitcoin has become a multi-billion industry, with great financial investment and societal responsibility. We will protect this at all cost
February 04, 2018, 10:27:37 AM
Discussions (or even speculation) of a PoW change is super irresponsible! And even in the remote 0.01 percent chance it may happen — Those responsible, we will spare no resources, get best lawyers and prosecutors to go after you wherever you will be in the world
February 04, 2018, 10:05:14 AM
A Bitfury employee, George Kikvadze, spoke against the PoW change rather sternly even saying some bitcoin community members could threaten those responsible with legal action.
February 04, 2018, 09:51:58 AM
As always, it is difficult to make any predictions. However, it seems quite likely that Ethereum Classic will profit significantly from the upcoming problems of its big brother
Almost immediately the community began yet another heated debate concerning this idea. February 04, 2018, 09:33:48 AM
Changing the proof-of-work will fire the current crop of miners and open the door for quickly and easily scaling the network
February 04, 2018, 07:28:39 AM
The price at which tokens will be released to exchanges depends on many very important factors like, for example, the rate of ETH at the moment of listing, total amount of tokens sold during ICO, potential volume of trades in the exchanges where the tokens will be listed, etc. At this moment it is hard to predict release price, but we will be aimed at the price to be not less than the ICO price with maximum possible bonus. At this moment we are not able to answer this question more exactly, as the ICO ends in more than two months and it is hard to predict how cryptocurrency market will look in the beginning of April.
Bitcoin has been unable to implement a scaling solution due to greedy miners who want to keep fees high and who even mine empty blocks, not caring that it increases network congestion. February 03, 2018, 05:53:48 PM
A call for research, testing, and finally implementation of a decentralization-friendly algorithm for Bitcoin’s proof-of-work,” explains the BTC PoW Initiative website.
February 03, 2018, 05:33:12 PM
However, the group discussing the algorithm change are afraid of “de facto control” by a great majority of the network hashrate. The group has pushed the conversation further by creating a website, and a Twitter handle to promote the idea.
February 03, 2018, 04:47:00 PM
The price at which tokens will be released to exchanges depends on many very important factors like, for example, the rate of ETH at the moment of listing, total amount of tokens sold during ICO, potential volume of trades in the exchanges where the tokens will be listed, etc. At this moment it is hard to predict release price, but we will be aimed at the price to be not less than the ICO price with maximum possible bonus. At this moment we are not able to answer this question more exactly, as the ICO ends in more than two months and it is hard to predict how cryptocurrency market will look in the beginning of April.
February 03, 2018, 10:24:35 AM
Great ICO and IDEA
February 03, 2018, 10:14:43 AM
As always, it is difficult to make any predictions. However, it seems quite likely that Ethereum Classic will profit significantly from the upcoming problems of its big brother
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