Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 29. (Read 198933 times)

If the hard fork second time is successful, then the Ethereum price could rise from the current low levels.

https://www.reddit.com/r/ethereum/comments/58i8e0/update_on_hf_2_and_client_optimizations/?st=iuqn0x15&sh=4621f3c6

Update on HF 2 and client optimizations

Geth developers are working on an optimization that will store a direct on-disk table representing account storage, allowing accounts to be accessed in O(1) leveldb reads instead of O(log(n)) leveldb reads as is the case now. Preliminary tests suggest a 5x speedup in processing account reads if this is done. This is a fairly large change to the client (not quite but almost as complex as journaling) so don't expect it out tomorrow, but it will make a large difference.
Simpler optimizations on the in-memory trie cache are achieving ~30% speedups.
We're looking at simple forms of state tree pruning to allow nodes to reduce their storage size without having to delete the DB and fast sync from scratch. This should increase processing time indirectly.
The main debate in the hard fork discussions is whether to implement EIP 158 with section 2 or with (1c) (there is little value in doing both). The two carry different risks; section 2 is more complex from an in-EVM consensus standpoint, whereas (1c) requires more substantial re-architectures in other areas of geth to implement, as iterating through all accounts is not a use case that needed to be supported in all nodes before.
We are considering adding replay protection, likely either EIP 155 or a simpler trick involving using the upper bits of the tx nonce as a chain ID, but nothing is yet finalized.

I agree with that. The Ethereum is still quite young. But it has very good community support at the moment.

ETH was actually going places before the attacks! Notwithstanding it did not lose all its shine and on the flip side, all these attacks can end up bringing to the fore the doggedness of the coin and people would count that as plus. ETH has been one coin that puts bitcoin on its toes and thus creating keen competition, which presents opportunities for profit making for the traders that are looking at the right pictures.

I actually do not hold bitcoins for the future but i am just dancing with the current trend of ETH, it is very predictable and if you will play with it you acn easily make money even in a short period of time.

ethereum has been hacked so many times and failed now its just another useless altcoin ... one guy just keeps insanely buying it up instead of letting it crap its pants and find its real value ... w/e if he wants to lose his bitcoin fortune.

that is right. If the Ethereum is attacked when its market cap is just $1 billion, the loss will be smaller.

It is better for the Etheruem or the bitcoin to be attacked when it is still young. The related loss will be limited.

The ETH is quite good. It is going to fork again.

https://www.reddit.com/r/ethereum/comments/58i8e0/update_on_hf_2_and_client_optimizations/?st=iulbbti4&sh=44772d5b

Geth developers are working on an optimization that will store a direct on-disk table representing account storage, allowing accounts to be accessed in O(1) leveldb reads instead of O(log(n)) leveldb reads as is the case now. Preliminary tests suggest a 5x speedup in processing account reads if this is done. This is a fairly large change to the client (not quite but almost as complex as journaling) so don't expect it out tomorrow, but it will make a large difference.
Simpler optimizations on the in-memory trie cache are achieving ~30% speedups.
We're looking at simple forms of state tree pruning to allow nodes to reduce their storage size without having to delete the DB and fast sync from scratch. This should increase processing time indirectly.
The main debate in the hard fork discussions is whether to implement EIP 158 with section 2 or with (1c) (there is little value in doing both). The two carry different risks; section 2 is more complex from an in-EVM consensus standpoint, whereas (1c) requires more substantial re-architectures in other areas of geth to implement, as iterating through all accounts is not a use case that needed to be supported in all nodes before.
We are considering adding replay protection, likely either EIP 155 or a simpler trick involving using the upper bits of the tx nonce as a chain ID, but nothing is yet finalized.

Agree with this,  human  attacks  to a certain  technology  could somehow a good  move though  in order to  test a  particular thing  if it  would survive  for  long . In the case of ETH  i could somehow say  that its quite a good coin for me   inspite  of all issues  regarding into it  into the past months and years.

If any coin is to succeed in the long term it needs to be tested for safety and resilience. Trial by fire so to speak. So I'm actually glad that people are performing attacks, it's the only way to find out if the technology stands to survive or not on a larger scale.

Actually this will help the network long term but it's getting a little tiresome, let's see how the next fork goes and if there are any upcoming news with Casper. The price doesn't seem to be dropping below $10 anytime soon even with no news and regular attacks.

It is not possible for the Etheruem to replace the bitcoin at the moment. It is under attack all the time now.

Bitcoin and the Ethereum has different usage. The bitcoin is a kind of currency and the Etheruem is a fuel.

This now is very imposinle is ethereum can move take over and replace bitcoin
all crypto coin and altcoin still need bitcoin to excahage in fiat money
all altcoin not run without bitcoin
maybe 5 year ago etherum can replace position bitcoin

Q: How does an Eth developer eat a meal?
A: With three forks.

It will go above 0.02 for sure, no doubt about it, how high nobody knows but it could touch 0.023-4. Forks are Ethereum trademark already and nothing to be afraid of, it shows they are hard working and try to improve this infant technology as much as possible. For everything else, we have Bitcoin, it may be slow and stubborn but it gets the job done. Ethereum mission is much more ambitious.

The DAO hack was badly conceived and handled, I would've done the same thing really and the voting was in favor for it.

I'd like to see a healthier order book, though no doubt the whales will flock in after the fork and pump it up to 7k BTC to ignite fomo...

https://www.reddit.com/r/ethereum/comments/57wtok/1_day_to_make_eth_great_again/?st=iueco5dj&sh=a0dabe18

The price might rise.

The price is about 0.0185 now, it has been there for some time. It might be consolidating at the moment.