Ethereum EIP 1234 accepted | Bitcointalksearch.org

pachuchon

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Quote from: Assanger on September 03, 2018, 10:37:04 AM

Quote from: SirNeo on September 01, 2018, 07:06:32 AM

We should drop ETH.
Since ETH dev don't give a shit about GPU miners we should leave them with ASIC miners and find new coins.
It seems Vitalik doesn't care anymore about decentralization

Vitalik has lots of ETH. PoS suits him very well.

this

Assanger

jr. member

Activity: 55

Merit: 1

Quote from: SirNeo on September 01, 2018, 07:06:32 AM

We should drop ETH.
Since ETH dev don't give a shit about GPU miners we should leave them with ASIC miners and find new coins.
It seems Vitalik doesn't care anymore about decentralization

Vitalik has lots of ETH. PoS suits him very well.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Simple, the reduction as it's not mind blogging like others things is on any next update, whichever, whenever it is. ETH as per the hasrate, is still the altcoin king, so people as it stands pay more for eth, i guess that even if it was reduced to one per block, profitability would not change x other altcoins cause price will also be adjusted in the market.

FloppyPurpleGherkin

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Activity: 306

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Quote from: Piskeante on September 03, 2018, 05:40:55 AM

2020 is the date "expected" for ETH to go PoS.

All sounds very familiar, I remember them saying 2017 for POS, Then delayed to 2018, now 2020.. Yeah POS isn't ever coming (in my opinion)

Piskeante

member

Activity: 924

Merit: 15

Constantinople fork reducing block reward HAS NOT BEEN OFFICIALLY ANNOUNCED. What has been announced is the block reward reduction consensus NOT THE DATE OF THAT REDUCTION. And if it has been, PLEASE QUOTE IT, source, and official statement. If not, shut the fuck up.

PoW + PoS hybrid model "in terms of issuance have been trashed (Casper FFG) read more here: https://www.mangoresearch.co/ethereum-roadmap-update/

2020 is the date "expected" for ETH to go PoS.

it's funny, because i'm the only one here that has been giving info , links and all this, and i'm the troll. Dammit , stupid people.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: Marvell2 on September 02, 2018, 10:45:35 PM

Quote from: jmigdlc99 on September 02, 2018, 09:05:10 PM

I've just been able to catch up on ETH news after a few weeks and from what i've read i'm now confused as to when the block reward reduction is going to be implemented. Is it October 2018 or during the Constantinople upgrade in 2019?

That being said, it indeed seems like ETH mining is guaranteed to end for GPU miners when that happens (i don't see ETH price recovering anytime soon). I wonder if Bitmain knew that ETH was not going to go POS this year, thus the ASIC developments.

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

5º They obviously want to reduce the amount of coins generated, and begin to take away from the coin those miners, so that the migration to total PoS is done without many people complaining too much.

Ignore the troll, the fork to reduce block reward, delay difficulty bomb and a few other network updates is called
constantinople, and its this year october 2018

this...

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: jmigdlc99 on September 02, 2018, 09:05:10 PM

I've just been able to catch up on ETH news after a few weeks and from what i've read i'm now confused as to when the block reward reduction is going to be implemented. Is it October 2018 or during the Constantinople upgrade in 2019?

That being said, it indeed seems like ETH mining is guaranteed to end for GPU miners when that happens (i don't see ETH price recovering anytime soon). I wonder if Bitmain knew that ETH was not going to go POS this year, thus the ASIC developments.

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

5º They obviously want to reduce the amount of coins generated, and begin to take away from the coin those miners, so that the migration to total PoS is done without many people complaining too much.

Ignore the troll, the fork to reduce block reward, delay difficulty bomb and a few other network updates is called
constantinople, and its this year october 2018

jmigdlc99

sr. member

Activity: 784

Merit: 282

I've just been able to catch up on ETH news after a few weeks and from what i've read i'm now confused as to when the block reward reduction is going to be implemented. Is it October 2018 or during the Constantinople upgrade in 2019?

That being said, it indeed seems like ETH mining is guaranteed to end for GPU miners when that happens (i don't see ETH price recovering anytime soon). I wonder if Bitmain knew that ETH was not going to go POS this year, thus the ASIC developments.

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

5º They obviously want to reduce the amount of coins generated, and begin to take away from the coin those miners, so that the migration to total PoS is done without many people complaining too much.

yuzuak

member

Activity: 683

Merit: 16

Quote from: Piskeante on September 02, 2018, 05:41:39 PM

please, can you tell me where it says 2ETH fork will be applied in October 2018???

https://www.youtube.com/watch?v=mAs3JZHroKM ----- core Devs stream 31 Augost 2018

https://www.reddit.com/r/ethereum/comments/9bua1y/eth_block_reward_reduction_to_2_ethblock/ --- reddit post talking about it.

it's been delayed. Stop talking bullshit and stick to reality.

delayed at casper pos,
October 2018 Istanbul hardfork, watch and see at october
and now I am writing from Istanbul

https://eips.ethereum.org/EIPS/eip-1234

Piskeante

member

Activity: 924

Merit: 15

please, can you tell me where it says 2ETH fork will be applied in October 2018???

https://www.youtube.com/watch?v=mAs3JZHroKM ----- core Devs stream 31 Augost 2018

https://www.reddit.com/r/ethereum/comments/9bua1y/eth_block_reward_reduction_to_2_ethblock/ --- reddit post talking about it.

it's been delayed. Stop talking bullshit and stick to reality.

yuzuak

member

Activity: 683

Merit: 16

Quote from: Piskeante on September 02, 2018, 05:26:33 PM

Quote from: Marvell2 on September 02, 2018, 03:13:00 PM

Quote from: Piskeante on September 02, 2018, 06:03:17 AM

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

Per a GitHub post, the developers decided to accept the EIP-1234 scenario. It was proposed to delay the “Difficulty Bomb” for about 12 months, so the chain would be back at 30 second block times in winter 2019, and reduce the block rewards with the Constantinople fork

sorry , but you are the one clueless

https://cointelegraph.com/news/ethereum-core-devs-delay-difficulty-bomb-reduce-block-rewards-to-2-eth

lol wtf, its set for this october are u drunk? 2019 refers to the next fork, Constantinople is this year genius

learn to read please, don't make me laugh.

they have misread, Istanbul October 2018 and eth blok per 2 eth Octaber 2018.

Piskeante

member

Activity: 924

Merit: 15

Quote from: Marvell2 on September 02, 2018, 03:13:00 PM

Quote from: Piskeante on September 02, 2018, 06:03:17 AM

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

Per a GitHub post, the developers decided to accept the EIP-1234 scenario. It was proposed to delay the “Difficulty Bomb” for about 12 months, so the chain would be back at 30 second block times in winter 2019, and reduce the block rewards with the Constantinople fork

sorry , but you are the one clueless

https://cointelegraph.com/news/ethereum-core-devs-delay-difficulty-bomb-reduce-block-rewards-to-2-eth

lol wtf, its set for this october are u drunk? 2019 refers to the next fork, Constantinople is this year genius

learn to read please, don't make me laugh.

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: Piskeante on September 02, 2018, 06:03:17 AM

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

Per a GitHub post, the developers decided to accept the EIP-1234 scenario. It was proposed to delay the “Difficulty Bomb” for about 12 months, so the chain would be back at 30 second block times in winter 2019, and reduce the block rewards with the Constantinople fork

sorry , but you are the one clueless

https://cointelegraph.com/news/ethereum-core-devs-delay-difficulty-bomb-reduce-block-rewards-to-2-eth

lol wtf, its set for this october are u drunk? 2019 refers to the next fork, Constantinople is this year genius

yuzuak

member

Activity: 683

Merit: 16

Quote from: Piskeante on September 02, 2018, 06:03:17 AM

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

Per a GitHub post, the developers decided to accept the EIP-1234 scenario. It was proposed to delay the “Difficulty Bomb” for about 12 months, so the chain would be back at 30 second block times in winter 2019, and reduce the block rewards with the Constantinople fork

sorry , but you are the one clueless

https://cointelegraph.com/news/ethereum-core-devs-delay-difficulty-bomb-reduce-block-rewards-to-2-eth

no
OCTOBER 2018 2 ETH per block

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

reward reduction is only good for investors which have thousands to millions of eth coins, I myself like the reduction but would have liked even more if it was less than that. The good thing is that they did something about it and the next fork means, price will rise, my guess is to $600 - $850 or so and bitcoin will follow, i guess to 10k or so.

Piskeante

member

Activity: 924

Merit: 15

Quote from: adaseb on September 02, 2018, 01:59:17 AM

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

I think they are still merging all the EIP and haven't decided on a block number yet for the hard-fork. From what I heard from the Reddit/Youtube comments is that it will most likely happen sometime during the Devcon 4 conference.

Which is in about 2 months or so, no idea why the guy said Winter 2019, most likely a typo and Winter 2018 which makes sense.

if you think it carefully, would you go PoS on a coin that has lost 80% of value??Which incentives are investors going to have. It makes total sense to delay the difficulty bomb at least 12 months to see if this market recovers, and there is more hype. ETH devs needs ETH to be very valuable. Because, it can happen that huge exchanges could stock this coins and have a big % of the company when this coin goes PoS.

Piskeante

member

Activity: 924

Merit: 15

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

Per a GitHub post, the developers decided to accept the EIP-1234 scenario. It was proposed to delay the “Difficulty Bomb” for about 12 months, so the chain would be back at 30 second block times in winter 2019, and reduce the block rewards with the Constantinople fork

sorry , but you are the one clueless

https://cointelegraph.com/news/ethereum-core-devs-delay-difficulty-bomb-reduce-block-rewards-to-2-eth

adaseb

legendary

Activity: 3738

Merit: 1708

Quote from: kopija on September 02, 2018, 12:01:42 AM

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

I think they are still merging all the EIP and haven't decided on a block number yet for the hard-fork. From what I heard from the Reddit/Youtube comments is that it will most likely happen sometime during the Devcon 4 conference.

Which is in about 2 months or so, no idea why the guy said Winter 2019, most likely a typo and Winter 2018 which makes sense.

kopija

sr. member

Activity: 308

Merit: 250

Quote from: tg88 on September 01, 2018, 09:28:59 PM

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

This Ocotber.
OP is clueless.
Also block time will be reduced from 10 to 7 minutes, so drop in profitability will not be 30%.
Somebody please correct me with relevant links.

tg88

legendary

Activity: 2366

Merit: 1405

Quote from: Piskeante on September 01, 2018, 11:04:32 AM

just a few ideas / facts
1º Constantinople will be applied in winter 2019. So still 1 year and 2 months away more or less. Many things can happen

2º Reward per block reduced to 2 ETH. If in 1 year ETH is at the same price, it will be an absolute NO GO for miners (although it's already a NO GO).

The reduction go into effect only in 14 months?

Topic: Ethereum EIP 1234 accepted (Read 1199 times)