ETH - Hardforked - NOT Decentralized - page 4.

BitUsher

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Quote from: r3animation on June 17, 2016, 03:39:13 PM

Then Bitcoin is not decentralised either. It was hard forked twice.

This is false. BTC has never been hard Forked , 2010 was a SF and 2013 we simply moved back on the original chain rejecting the HF. The circumstances are quite different as well with completely different ethical issues.

r3animation

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Then Bitcoin is not decentralised either. It was hard forked twice.

losh11

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Agreed. This is not decentralisation.

anthonydar

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Quote from: BitAficionado on June 17, 2016, 11:27:29 AM

Well a few days back I thought the future of Ethereum is still in question, but not anymore it's a sure death. Good bye ETH.

If the mining difficulty level decrease 50% in the next 30 days, we can say Ethereum is dead. You should sell your coins.

BitAficionado

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Well a few days back I thought the future of Ethereum is still in question, but not anymore it's a sure death. Good bye ETH.

JessicaG

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Quote from: billotronic on June 17, 2016, 11:03:43 AM

Quote from: BitUsher on June 17, 2016, 10:27:38 AM

Quote from: vlad12 on June 17, 2016, 10:19:24 AM

The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

Rationalize it all you want , but whether it is the developers pushing the miners or the miners independently deciding on the HF , the end result is the same. This is a HF to seize assets targeted at 1 specific user that was legitimately and legally acquired. Remember in Smart contracts code is law , and the "hacker" was following the law, therefore there was technically no hack and the contracts completed as designed!

THIS needs to be plastered everywhere. Rock the fuck on for being the captain obvious that no one wants to hear right now.

So much agree upon!

+1

Juhagic

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Quote from: ?? on ??

Quote from: Spoetnik on June 17, 2016, 10:42:33 AM

Quote from: vlad12 on June 17, 2016, 10:19:24 AM

The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

The fact he can proves otherwise.

The ETH scam is centralized because of that reason and plenty more.

YOU = RETORT FAIL ..fraud supporter Roll Eyes

Fraud for profit = Big Bussines (AKA: The Modern DAY Digital Pyramid Scheme)

ETHEREUM is not a crypto-currency it's an ICO scam.

The bags your holding do not change this reality Investards.

Ripple is far superior and better then ETH

It seems the community does not agree with that. The Etheruem is worth many times more than the Ripple.

billotronic

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Quote from: BitUsher on June 17, 2016, 10:27:38 AM

Quote from: vlad12 on June 17, 2016, 10:19:24 AM

The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

Rationalize it all you want , but whether it is the developers pushing the miners or the miners independently deciding on the HF , the end result is the same. This is a HF to seize assets targeted at 1 specific user that was legitimately and legally acquired. Remember in Smart contracts code is law , and the "hacker" was following the law, therefore there was technically no hack and the contracts completed as designed!

THIS needs to be plastered everywhere. Rock the fuck on for being the captain obvious that no one wants to hear right now.

Spoetnik

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FUD Philanthropist™

Quote from: vlad12 on June 17, 2016, 10:19:24 AM

The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

The fact he can proves otherwise.

The ETH scam is centralized because of that reason and plenty more.

YOU = RETORT FAIL ..fraud supporter Roll Eyes

Fraud for profit = Big Bussines (AKA: The Modern DAY Digital Pyramid Scheme)

ETHEREUM is not a crypto-currency it's an ICO scam.

The bags your holding do not change this reality Investards.

BitUsher

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Quote from: ATA Group on June 17, 2016, 10:33:10 AM

Yes the money wasn't even technically "stolen". It was acquired through a shitty code....
Hardfork means that single persons decide whats wrong or right. That's not the way it should be.

What makes it worse is that Ethereum is switching to Proof of Stake where it isn't even the miners/nodes who decide on future HF but a cabal of developers and a few early investors. It is real easy for any state to come knocking on the Ethereum foundations door and identify the large stakeholders!

ATA Group

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Yes the money wasn't even technically "stolen". It was acquired through a shitty code....
Hardfork means that single persons decide whats wrong or right. That's not the way it should be.

BitUsher

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Quote from: vlad12 on June 17, 2016, 10:19:24 AM

The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

Rationalize it all you want , but whether it is the developers pushing the miners or the miners independently deciding on the HF , the end result is the same. This is a HF to seize assets targeted at 1 specific user that was legitimately and legally acquired. Remember in Smart contracts code is law , and the "hacker" was following the law, therefore there was technically no hack and the contracts completed as designed!

vlad12

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The ETH developers can propose all the hardforks they want. It's still ultimately the miners and users who decide whether to comply or not. It's exactly how a decentralized system works.

Spoetnik

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FUD Philanthropist™

I couldn't agree more.. i was already thinking the same exact thing.
I also never supported any previous roll-backs in crypto either.

And if you all think it does not matter being decentralized or not then you are more stupid than i thought.

And these ICO fraudster profiteers will dump of course..
But not because they think it's centralized and insecure but because they are greedy moronic profiteer dregs.

Corrupt, immoral, greedy, deceitful & worthless brat day traders
don't give two shits what they invest in.. they would just as soon close their eyes
then pick a shit coin at random on a *centralized* exchange for PROFIT.

The vortex of the shitcoin Crypto-Trailer-Park being swept up by the ICO shit storm tornado of karma is awesome !

BitUsher

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Quote from: Auponef on June 17, 2016, 09:57:29 AM

The Etheruem developers propose a change to invalidate the hacked Ethereum. If you do not agree with them, you do not have to run the hard fork.

Sure and the HF alt created when the chain splits will be exposed to regulatory threats and will need to hire a bunch of lawyers and at the same time undermine the trust in the network. What happens when the FBI knocks on the Ethereum foundations door and asks for another soft or HF to disable or freeze assets on a naughty smart contract? Great job guys!

Auponef

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The Etheruem developers propose a change to invalidate the hacked Ethereum. If you do not agree with them, you do not have to run the hard fork.

Zer0Sum

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Quote from: BitUsher on June 17, 2016, 09:49:02 AM

Fall in line , and Obey your masters or we will hunt you down and DOXX you, mETH users!

https://twitter.com/DanDarkPill/status/743789597482692608

Stephan Tual is upset because HE was meant to steal that money...
Unfortunately, his scheme was so badly designed that a hacker beat him to the $$$.

This whole DAO thing would make a great episode of American Greed...
Sadly, I would not oppose a criminal investigation that would connect the dots... and cleanse the Ethereum ecosystem.

funbarrel

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Quote from: BitUsher on June 17, 2016, 09:49:02 AM

Fall in line , and Obey your masters or we will hunt you down and DOXX you, mETH users!

https://twitter.com/DanDarkPill/status/743789597482692608

the more i read about this whole ethereum thing, the more i think it is some kind of a joke

BitUsher

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Fall in line , and Obey your masters or we will hunt you down and DOXX you, mETH users!

https://twitter.com/DanDarkPill/status/743789597482692608

benthach

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Quote from: ATA Group on June 17, 2016, 06:36:19 AM

https://www.reddit.com/r/ethereum/comments/4oiqj7/critical_update_re_dao_vulnerability/

ETH Hardfork incoming.
THIS is not a decentralized system!

That means it takes only two nerds to exclude anyone they don't like.
They are in Russia imagine what would happen if the KGB comes and demands something.
Thats it ETH is officially dead along with DAO, this has nothing to do with a decentralised system.

I am out sleeping better with BTC.

Topic: ETH - Hardforked - NOT Decentralized - page 4. (Read 5182 times)