there is a new vid:
https://www.youtube.com/watch?v=CH88pVzto-0
Topic: Ethereum Classic (Read 1591 times)
Is classic the better coin to currently make a smart contract with?
If immutability is a desired attribute, ETC is the only choice.
If you want to make a too-big-to-fail contract which is (given sufficient Proof-of-Vitalik) eligible for troubled asset relief, go with the Bailout Edition.
Immutability is not a desired attribute. The crypto currency will evolve all the time, it shall adapt to new situation.
We will let supply and demand determine if it is a desired attribute.
Is classic the better coin to currently make a smart contract with?
If immutability is a desired attribute, ETC is the only choice.
If you want to make a too-big-to-fail contract which is (given sufficient Proof-of-Vitalik) eligible for troubled asset relief, go with the Bailout Edition.
Immutability is not a desired attribute. The crypto currency will evolve all the time, it shall adapt to new situation.
Is classic the better coin to currently make a smart contract with?
If immutability is a desired attribute, ETC is the only choice.
If you want to make a too-big-to-fail contract which is (given sufficient Proof-of-Vitalik) eligible for troubled asset relief, go with the Bailout Edition.
Indeed. The whole point of smart contracts is that the code will do as it's programmed. And that is exactly what happened with the "DAO hack", the code did as it was coded. Everything else is not a smart contract. They broke the concept of smart contract by going bailout over it. If a smart contract contains code that didn't do what you expected, it's your fault for using that smart contract/the coder's fault for coding it that way. Hard forking over this absolutely defeats the point.
Is classic the better coin to currently make a smart contract with?
If immutability is a desired attribute, ETC is the only choice.
If you want to make a too-big-to-fail contract which is (given sufficient Proof-of-Vitalik) eligible for troubled asset relief, go with the Bailout Edition.
Is classic the better coin to currently make a smart contract with?
The point is, you don't care ! Your contract can run on both. Hey, you could even debug the DAO, and run it again on ETC :-) It was open source ;-)
Not only that the DAO attacker owns over 10% of ETC. Expect a bloodbath when he dumps.
All old ETH holders have the sama amount of ETC (apart from the DAO loosers). They could make a bloodbath when they dump... or not. Why would they kill their own property ?
Because ETH has higher value?
So if you have a car and a bicycle, you decide to crash your bicycle because the car has greater value ?
In other words, why would I cycle to Blockchain Ville when I could drive there 6 times faster!?!!
I agree with logic. If the bitcoin has two chains, people will not use that and they have to worry about teh relay attack.
Not only that the DAO attacker owns over 10% of ETC. Expect a bloodbath when he dumps.
All old ETH holders have the sama amount of ETC (apart from the DAO loosers). They could make a bloodbath when they dump... or not. Why would they kill their own property ?
Because ETH has higher value?
So if you have a car and a bicycle, you decide to crash your bicycle because the car has greater value ?
In other words, why would I cycle to Blockchain Ville when I could drive there 6 times faster!?!!
Is classic the better coin to currently make a smart contract with?
Not only that the DAO attacker owns over 10% of ETC. Expect a bloodbath when he dumps.
All old ETH holders have the sama amount of ETC (apart from the DAO loosers). They could make a bloodbath when they dump... or not. Why would they kill their own property ?
Because ETH has higher value?
So if you have a car and a bicycle, you decide to crash your bicycle because the car has greater value ?
Not only that the DAO attacker owns over 10% of ETC. Expect a bloodbath when he dumps.
All old ETH holders have the sama amount of ETC (apart from the DAO loosers). They could make a bloodbath when they dump... or not. Why would they kill their own property ?
Because ETH has higher value?
Not only that the DAO attacker owns over 10% of ETC. Expect a bloodbath when he dumps.
All old ETH holders have the sama amount of ETC (apart from the DAO loosers). They could make a bloodbath when they dump... or not. Why would they kill their own property ?
After the hacker get holder of the 3.6 million ETC, we will know if he will dump the Ethereum to obiliviion.
ETC price and hash rate collapsing. The only thing collapsing is the last little bit of Minecaches' sanity.
Better dump those worthless ETH on the ETC market before it's too late for you.
How about now that it's #5 on coinmarketcap? Hash rate distribution approached 80%/20% today. You will never kill the ETC chain. There are now major stakeholders investing (Barry Silbert announced he was buying yesterday and DGC's Genesis Trading is offering institutional trading blocks for ETC). Look at the bid side on Poloniex. It's being added on almost all exchanges (besides Coinbase).
Today's daily trading volume on ETC/BTC was more than twice the volume of ETH/BTC. Yeah, ETC ain't going nowhere.
If the big holders of the Ethereum decide to help the Ethereum (ETH), they will kill it easily by dumping.
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After the hacker get holder of the 3.6 million ETC, we will know if he will dump the Ethereum to obiliviion.
ETC price and hash rate collapsing. The only thing collapsing is the last little bit of Minecaches' sanity.
Better dump those worthless ETH on the ETC market before it's too late for you.
How about now that it's #5 on coinmarketcap? Hash rate distribution approached 80%/20% today. You will never kill the ETC chain. There are now major stakeholders investing (Barry Silbert announced he was buying yesterday and DGC's Genesis Trading is offering institutional trading blocks for ETC). Look at the bid side on Poloniex. It's being added on almost all exchanges (besides Coinbase).
Today's daily trading volume on ETC/BTC was more than twice the volume of ETH/BTC. Yeah, ETC ain't going nowhere.
If the big holders of the Ethereum decide to help the Ethereum (ETH), they will kill it easily by dumping.
http://www.coindesk.com/ethereum-hard-fork-creates-competing-currencies-support-ethereum-classic-rises/
http://www.newsbtc.com/2016/07/26/case-ethereum-classic/
Two decent pieces giving some context on how the schism came about
http://www.newsbtc.com/2016/07/26/case-ethereum-classic/
Two decent pieces giving some context on how the schism came about
After the hacker get holder of the 3.6 million ETC, we will know if he will dump the Ethereum to obiliviion.
ETC price and hash rate collapsing. The only thing collapsing is the last little bit of Minecaches' sanity.
Better dump those worthless ETH on the ETC market before it's too late for you.
How about now that it's #5 on coinmarketcap? Hash rate distribution approached 80%/20% today. You will never kill the ETC chain. There are now major stakeholders investing (Barry Silbert announced he was buying yesterday and DGC's Genesis Trading is offering institutional trading blocks for ETC). Look at the bid side on Poloniex. It's being added on almost all exchanges (besides Coinbase).
Today's daily trading volume on ETC/BTC was more than twice the volume of ETH/BTC. Yeah, ETC ain't going nowhere.
So basically it's not a smart contract of Eteherum; it's Ethereum (according to them) and a fork (according to the others from original ETH) it's confusing, and if they don't have a clear winner soon, both will suffer.
It's just a fork Ethereum. I'm not mistaken?
And why do you think that the ETC dies?
And why do you think that the ETC dies?
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