Pages:
Author

Topic: Ethereum, Bitcoin & Coinbase - page 2. (Read 3525 times)

newbie
Activity: 5
Merit: 0
February 13, 2015, 06:55:16 AM
#8
Yes, though it's dependant on what results the auditors deliver - if there are issues that require 2 weeks of dev time then so be it.

Ethereum is THE EXACT OPPOSITE of vapourware. People are already forking and using it for various side projects (see CounterParty, Eris etc).

You can view all the code here - https://github.com/ethereum

It's opensource so feel free to use it as you like.

The repos are updated pretty much everyday.
hero member
Activity: 924
Merit: 1001
February 12, 2015, 08:16:36 PM
#7
Ethereum goes live March 20th, assuming no snafoos.  Date is tentative.

https://www.reddit.com/r/ethereum/comments/2v1cv8/many_of_the_details_of_the_ethereum_rollout_have/

-B-
legendary
Activity: 2786
Merit: 1031
February 12, 2015, 06:12:44 PM
#6
Hold your horses, until it's released Ethereum is nothing but vaporware, when/if released it will then go through a testing phase and then it will need to live up to the expectations, several years will pass until the software pass all the tests and prove to be reliable software.
legendary
Activity: 1204
Merit: 1028
February 12, 2015, 01:22:50 PM
#5
The thing I don't understand about decentralized exchanges is how you get fiat into them. If you use a token like bitUSD then you have to ultimately go through a centralized exchange to get it. Is it possible to get real money into a decentralized exchange?

I think it would work like bitcoin.de or similar.. its a p2p exchange where only you and the trader know the information of each other.
newbie
Activity: 5
Merit: 0
February 12, 2015, 12:58:44 PM
#4
There already is a decentralised exchange on Ethereum!

EtherEx - http://www.etherex.org/

Have a look at the GitHub too - https://github.com/etherex
newbie
Activity: 24
Merit: 0
February 12, 2015, 12:07:52 PM
#3
I think introducing fiat will be a challenge, but the whole point of decentralization would be to allow trade while controlling your own money in the most efficient way. Saying that however, there will be a way to solve this, its just early days. I'm sure someone's already come up with a solution.
sr. member
Activity: 327
Merit: 250
February 12, 2015, 11:36:21 AM
#2
The thing I don't understand about decentralized exchanges is how you get fiat into them. If you use a token like bitUSD then you have to ultimately go through a centralized exchange to get it. Is it possible to get real money into a decentralized exchange?
newbie
Activity: 24
Merit: 0
February 12, 2015, 11:29:31 AM
#1
So, as some people know Ethereum will be released in the next few months...and this causes me to contemplate its effect on Bitcoin as a whole.

One thing for sure is crypto will become a lot more secure, with protection against fraud rising to an all time high. This will presumably have an effect on Bitcoin, the community and the way its viewed from 'outside'.

If a Crypto Exchange was to run on top of Ethereum, meaning the exchange is decentralized, the risk of fraud would be terminated, there would never be another Mt.Gox or 'money disappearing panic omgwtfbbq'ing' going on. If an exchange is safe, people would be more willing to part with their fiat and therefore we could see an influx of bitcoin investments (and in general crypto investments), once the potential of this new technology is realised.

This makes me wonder what stance Coinbase takes on this. If they don't evolve fast enough to become decentralized, another exchange will most likely take over and become the most adopted exchange.

If Coinbase were to work with Ethereum, I could see the whole crypto community benefiting. Coinbase would become safer, meaning more investments, momentum with Ethereum would build, and Bitcoin's price would rise substantially.

Thoughts...?
Pages:
Jump to: