Topic: ETH hardfork incoming. - page 5. (Read 18991 times)
Looks like the ETC pump is fading. ETC hash rate is now 10% of ETH.
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
Please, if you realized how dumb your post was, it would not finish with lol.
When the Ethereum holders dump their ETC, the price could drop a lot, and not many people will mine it, it is quite dangerous.
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
Please, if you realized how dumb your post was, it would not finish with lol.
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
The Eth technology can be applied to the ETC. But if the ETC wants to develop other things, it has to employ somebody.
It is too early to think about that. I am wondering if the ETC can withstand the attack from the dumping of the ETC by various interested parties,
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
The Eth technology can be applied to the ETC. But if the ETC wants to develop other things, it has to employ somebody.
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
I'm going to hold 5 coins for a week, on an experiment. My ultimate prediction is that ideology (and profit motive) is going to cause a temporary exit from ETH to ETC. My reasoning? Way easier to mine ETC. This will create some selling pressure, but I think everyone won't be so quick to sell. ESP if btc keeps sliding down.
Slightly concerned about the dip.
Disclaimer: holding 5 etc
Slightly concerned about the dip.
Disclaimer: holding 5 etc
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
Oh, you mean like the brilliant devs from ETH? lol
so etc will replace eth ? 
No. Both are game. At least short - medium term.
so etc will replace eth ?
ETC is gonna skyrocket!!! From $50 million to over a billion.
And all that with no devs? lol
ETC is gonna skyrocket!!! From $50 million to over a billion.
Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
There is no problem if you are in favour of the ETC. Have you bought any ETC or mined the Ether Classic.
The ETC is very cheap to buy now, its price dropped 50% in the last day. You might buy cheaper in the future.
Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
There is no problem if you are in favour of the ETC. Have you bought any ETC or mined the Ether Classic.
Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
In my opinion both sides - the "hardforkers" and the "Classic" guys - are right in certain way:
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
I see a problem with a community that votes on wallet balances of other people. Don't you? Hardfork for wallet balance not for technical issues? Excuse me?!
What could go wrong? hahaha
mETH is a joke. If anything is viable it's ETC.
In my opinion both sides - the "hardforkers" and the "Classic" guys - are right in certain way:
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
Ethereum Classic Difficulty keeps climbing as miners switch over ... up 5.2% now - http://fork.ethstats.net/
Ethereum Core developer plans to support Ethereum Classic -
https://medium.com/@zsfelfoldi/a-tale-of-two-chains-3f6d58a9df4a#.4vchxki6m
Ethereum Core developer plans to support Ethereum Classic -
https://medium.com/@zsfelfoldi/a-tale-of-two-chains-3f6d58a9df4a#.4vchxki6m
All great news. It was tough going mining early on when all we had was Bitshares. We've really turned a corner here, and quickly! ETH users now have a true choice -- insiders tried to manufacture consensus, and failed.
The drama is just getting started. Ethereum Classic is growing in support.
ETC/ETH and ETC/BTC pairs already trading on Poloniex
https://twitter.com/Poloniex/status/757069127018315777
And Ethereum classic being added to Bitfinex soon -
https://www.reddit.com/r/ethereum/comments/4uczsp/bitfinex_to_list_ethc_soon/d5opzjn
https://twitter.com/EthereumClassic/status/757214748291141633
Miners are starting to move over to support Ethereum classic as that chain is currently more profitable to mine from. Hashrate on ETC is growing and it as Ethereum price crashes looks like ETC may start to eat away more market share.
ETC/ETH and ETC/BTC pairs already trading on Poloniex
https://twitter.com/Poloniex/status/757069127018315777
And Ethereum classic being added to Bitfinex soon -
https://www.reddit.com/r/ethereum/comments/4uczsp/bitfinex_to_list_ethc_soon/d5opzjn
https://twitter.com/EthereumClassic/status/757214748291141633
Miners are starting to move over to support Ethereum classic as that chain is currently more profitable to mine from. Hashrate on ETC is growing and it as Ethereum price crashes looks like ETC may start to eat away more market share.
Don't look now...
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