Last time I checked, there wasnt a hard code for this alt coin.
So one can only assume of its worth if its being - unlimited lol. I dont know about that, and that whole Dao system forces people to invest in their ETH to re-circle ETH value which absurd.
Topic: Ethereum scammers trying to suppress BTC till they find someone to Dump Eth on (Read 9260 times)
May 26, 2016, 01:28:49 PM
May 26, 2016, 11:39:41 AM
What about Delegation ??
Lisk is using it and seems promising
educate me r0ach
Lisk is using it and seems promising
educate me r0ach
Lisk is a Bitshares 1.0 clone, which is a Rube Goldberg implementation of proof of stake.
May 26, 2016, 10:17:10 AM
PoS offers the same security as PoW
WRONG:
Why proof of stake has no value:
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
What about Delegation ??
Lisk is using it and seems promising
educate me r0ach
May 26, 2016, 09:59:16 AM
PoS offers the same security as PoW
WRONG:
Why proof of stake has no value:
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
May 26, 2016, 09:43:16 AM
I guess eth is not a scam, it's been there all the time and it is very baiik coins for trading. well, but ETH will never replace bitcoin as the best coin
May 26, 2016, 06:53:56 AM
Black and grey markets are the only things holding value in bitcoin.
Another shill claiming Bitcoin is only used by rapists and murderers. Bitcoin is used by anyone that wants to escape neo-feudalism through usury. Kind of ironic that proof of stake is technically a permissioned ledger and not a decentralized currency, not secure, and also brings back usury, right?
Bitcoin is neo-feudalism on steroids, with uneducated fortune seekers and their wet dreams of everyone else making them rich by buying their artificially scarce virtual units.
PoS offers the same security as PoW, with the only difference that no energy is wasted on solving a problem that doesn't have to exist. But the uneducated fortune seekers don't care if energy is wasted or not, they just want to leech on the backs of others.
May 26, 2016, 06:45:19 AM
ETH had a dump and BTC buys across all exchanges...
May 26, 2016, 06:40:00 AM
Black and grey markets are the only things holding value in bitcoin.
Another shill claiming Bitcoin is only used by rapists and murderers. Bitcoin is used by anyone that wants to escape neo-feudalism through usury. Kind of ironic that proof of stake is technically a permissioned ledger and not a decentralized currency, not secure, and also brings back usury, right?
May 26, 2016, 03:34:53 AM
LOL where is Segwit??
keep getting delayed infinitely
It-s like Unicorn~~
keep getting delayed infinitely
It-s like Unicorn~~
miners consensus on Segwit will take forever and may not happen. Then, why not wait for 8mb hard forks??
BTC is doomed.
BTC is doomed.
Noobs like you are not well informed enough. Why dont you google for SegWitt(roadmap)/Lightning/Thunder network?
The miners alrdy said they will support SegWitt and it will be released before the halving.
Just a critic of your post:
Bitcoin price is where it is now because of "noobs and non-nerd people" that invested in, if you expect a coin to be high with info hidden somewhere in google where only geeks can access it you are lost.
Black and grey markets are the only things holding value in bitcoin. Bitcoin investors (those who actually bought bitcoin, not invested in alternative blockchain technology applications or future support services for cryptocurrencies in general) have been the joke of the financial world for several years already.
May 25, 2016, 07:59:12 PM
LOL where is Segwit??
keep getting delayed infinitely
It-s like Unicorn~~
keep getting delayed infinitely
It-s like Unicorn~~
miners consensus on Segwit will take forever and may not happen. Then, why not wait for 8mb hard forks??
BTC is doomed.
BTC is doomed.
Noobs like you are not well informed enough. Why dont you google for SegWitt(roadmap)/Lightning/Thunder network?
The miners alrdy said they will support SegWitt and it will be released before the halving.
Just a critic of your post:
Bitcoin price is where it is now because of "noobs and non-nerd people" that invested in, if you expect a coin to be high with info hidden somewhere in google where only geeks can access it you are lost.
May 25, 2016, 07:57:24 PM
Monero dev makes shockingly obvious discovery Ethereum is a centralized scamcoin
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
The fear you have of ethereum is very obvious, why dont you better exchange your old and dusty bitcoins into ethereum and stop posting crap and fuds about it, Monero... lol wf is that
May 25, 2016, 04:05:31 PM
Ether being scamcoin does not save BTC from dead
Nobody else in the general world actually cares about small cap altcoin IPO pump and dumps. All those will fade into obscurity while BTC will still remain.
https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753
Please read this r0ach..
Segwit will not happen...
May 25, 2016, 03:56:51 PM
Ether being scamcoin does not save BTC from dead
Nobody else in the general world actually cares about small cap altcoin IPO pump and dumps. All those will fade into obscurity while BTC will still remain.
May 25, 2016, 03:31:30 PM
Monero dev makes shockingly obvious discovery Ethereum is a centralized scamcoin
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
Ether being scamcoin does not save BTC from dead
Lisk is doing so well already 3.5x from ICO ~
While BTC is just fading away from public's interest.
BTC will be forgotten and become obsolete
May 25, 2016, 02:26:37 PM
Monero dev makes shockingly obvious discovery Ethereum is a centralized scamcoin
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
https://bitcointalksearch.org/topic/monero-dev-makes-shockingly-obvious-discovery-ethereum-is-a-centralized-scamcoin-1485051
May 25, 2016, 02:14:21 PM
LOL where is Segwit??
keep getting delayed infinitely
It-s like Unicorn~~
keep getting delayed infinitely
It-s like Unicorn~~
miners consensus on Segwit will take forever and may not happen. Then, why not wait for 8mb hard forks??
BTC is doomed.
BTC is doomed.
Noobs like you are not well informed enough. Why dont you google for SegWitt(roadmap)/Lightning/Thunder network?
The miners alrdy said they will support SegWitt and it will be released before the halving.
Segwit was supposed to be released in April, and we're nearly in June. The halving will happen in a few weeks, and Segwit won't be released in time for it...
Bitcoin DEAD!!! run to Ether or Lisk ....
May 25, 2016, 11:53:40 AM
LOL where is Segwit??
keep getting delayed infinitely
It-s like Unicorn~~
keep getting delayed infinitely
It-s like Unicorn~~
miners consensus on Segwit will take forever and may not happen. Then, why not wait for 8mb hard forks??
BTC is doomed.
BTC is doomed.
Noobs like you are not well informed enough. Why dont you google for SegWitt(roadmap)/Lightning/Thunder network?
The miners alrdy said they will support SegWitt and it will be released before the halving.
Segwit was supposed to be released in April, and we're nearly in June. The halving will happen in a few weeks, and Segwit won't be released in time for it...
May 25, 2016, 11:24:25 AM
May 25, 2016, 03:13:41 AM
Gdax looks awesome and shinning https://www.gdax.com/ , even coinbase is bulshitting over bitcoin and looking for a better coin.
May 24, 2016, 06:15:10 AM
An interesting read about how DAO may fail
https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa
https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa
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