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Topic: Ethereum, the next era of bitcoin technology - page 3. (Read 5995 times)

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Also, Etherium is the stupidest name for an alt since boolberry.

Actually I think boolberry is clever and sounds kinda neat.
Ethereum sounds somehow stuffy and nerdy (not in a good way).

Names are important.  I think this name will hurt its chances.
legendary
Activity: 1190
Merit: 1004
If ethereum is such a great thing why are bitcoin forums full of shills spamming this shit?

With $18M funding they couldn't even fabricate a windows client...



seriously, +100000 to this. I've just spent the better part of two days trying to install and mine on linux and windoze and this software is HORRIBLE. 18mil and you can't even write much less organize coherent information? I'd laugh if it wasn't so damn sad.



It opens up a great opportunity for someone to relaunch Ethereum with more features.

legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
If ethereum is such a great thing why are bitcoin forums full of shills spamming this shit?

With $18M funding they couldn't even fabricate a windows client...



seriously, +100000 to this. I've just spent the better part of two days trying to install and mine on linux and windoze and this software is HORRIBLE. 18mil and you can't even write much less organize coherent information? I'd laugh if it wasn't so damn sad.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Personally I like they way they are doing the thaw. Very pure.

What's the rush ? ETH is one coin for which I am going to take the long view.
full member
Activity: 182
Merit: 100
Cryptsy will probably have the most volume of any of those exchange.

when are transactions enabled?
newbie
Activity: 57
Merit: 0
i've been hearing about ethereum for a very long time and i am wondering when will it be launched and used?
i haven't seen it listed on an exchange before

There's a list of exchanges on reddit that will probably have Ethereum markets after the thaw. Some of those on the list already have markets with only bids, others only promise to have markets after the thaw. Nobody knows exactly when trading will start because the Ethereum devs invented a complicated way of doing it that depends on how fast miners update their software.

https://www.reddit.com/r/ethtrader/comments/3eqjxt/list_of_exchanges_that_will_support_ether_trading/


Crossposting from Ethereum reddit - if you know of more please add & I'll modify OP
[Confirmed] - Gatecoin (Supports pre-order book)
[Confirmed] - Kraken (Supports pre-order book)
[Confirmed] - Coinsquare.io (Supports pre-order book)
[Confirmed] - Poloniex (Post thaw)
[Confirmed] - Yunbi (Post thaw?)
[NonOfficial] - Cryptsy (Unofficial Mod statement. Post thaw.)
NonOfficial - [Bittrex] (Unofficial statement)
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
i've been hearing about ethereum for a very long time and i am wondering when will it be launched and used?
i haven't seen it listed on an exchange before
newbie
Activity: 57
Merit: 0
This is a joke.  No update from devs.  No info on thaw.  Can't do anything with mined coins.  Still can't sell on a exchange.  Pathetic.

The devs said the thaw depends on how many miners update to the latest code. Each time an updated miner mines a block it speeds up the time to the thaw, but each time a miner who hasn't updated mines a block it slows down the time to the thaw. I expected trading to start this Monday at the latest, and it seems like a stupid system to leave the start of trading to an unspecific time in the future.
legendary
Activity: 910
Merit: 1000
This is a joke.  No update from devs.  No info on thaw.  Can't do anything with mined coins.  Still can't sell on a exchange.  Pathetic.
member
Activity: 77
Merit: 10
yea totally makes no sense why its only a command line wallet...

seriously.. $18 million dollars and not even a simple interface for the ability to send/recieve ether?Huh

The funniest part is that spammers push it as an already working/perfect system.

The ethereum pump and dump will be spectacular.

Personally I'll try to mine some while the diff is low for a dump.

The current version is clearly made for developers and not for endusers. No developer needs a graphical interface... so what is the problem?
legendary
Activity: 1442
Merit: 1016
I don't know. I may be wrong, and if so I would be fine with it.However I still have big doubts.Since ICO almost nothing had been released. Could be one of the biggest failures in altcoins.Let's see how this story continues.
legendary
Activity: 1256
Merit: 1009
The 9.9% endowment pool to the founders is not new news.

Pretty simple.  Ethers sold at 3,000 Ethers per btc.  Total ethers sold * .099 went to foundation for future dev expenses.  Total ethers sold * .099 went to "founders pool".  Total ethers in existence at time of presale was amount sold * 1.198.  

Mining inflation is a slightly less than .26X of initial ether sale for life.

Totally get why a lot of people have a problem with it.  But the terms were pretty out in the open in the presale.  Not difficult to understand.  If anyone gets f***** it's the presale buyers.  If anyone gets rich it will be the primary founders & the pre-sale buyers in that order.
full member
Activity: 201
Merit: 100
And what about the rumours of instamining on launch and paying certain people 3,000 - 300,000 ether for basically nothing? Or was that called as bullshit? 

How was the 3,000 - 300,000 Ether ever "bullshit"?  The source came from an Ethereum developer himself.
https://www.reddit.com/r/ethereum/comments/3fdq0h/ethereums_security_expenditure_miner_reward_was/ctnvm7x
legendary
Activity: 1946
Merit: 1007
And what about the rumours of instamining on launch and paying certain people 3,000 - 300,000 ether for basically nothing? Or was that called as bullshit? 
legendary
Activity: 1190
Merit: 1004


Ethereum is pretty amazing so far. I was programming with it in the test phase.

I agree Ethereum sucks today and will need years before it's anything useful. If you're just getting into crypto development, then I'd say go with Ethereum over bitcoin.


full member
Activity: 201
Merit: 100
They needed an insider among Bitcoin to sell it and that is why Vitalik Buterin was selected: he was the editor of the magazine and he had all these crypto media connections.  Do you think Ethereum could had received its' $18 million without its' Bitcoin manchild?  Probably not.

It is a command line wallet.  The code is described as primitive and rushed out of the gate, likely due to the money woes they have.

http://cointelegraph.com/news/115034/ethereum-launches-but-leaked-chat-says-project-needs-years-more
"The emails also stated that most of the funding gathered from the Ether crowdsale is used up, and can only sustain the Ethereum development team for another seven months at best."


The other 2.0 projects, more developed than Ethereum, are otherwise immature as evident with all their Daaps focused on illegal gambling and various pyramid schemes.  Ethereum's daap list is no improvement, FYI.  There's no Bitcoin or Litecoin killer on the horizon.  Maybe I'll change my assessment by December but I'm skeptical.

legendary
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
I'd like to see Ethereum actually do something. So far its been all talk.

For starters a wallet would be nice  Grin
legendary
Activity: 3010
Merit: 8114
I'd like to see Ethereum actually do something. So far its been all talk.
sr. member
Activity: 446
Merit: 251
You are mostly right, but the problems that ethereum faces are so difficult to overcome without HUGE investments....

Or a few bitcoin programmers like the ones that bought a bunch of cheap bitcoins before building its infrastructure for free then sold their coins after they became millionaires.

Ethereum, rinse, repeat.

Satoshi did not have to do anything after mining the first million or so.  He just sat back on his island and watched everyone else do the development work for him.  He deserves to have everyone in the world working for him by developing and marketing $atoshiCoin.  Vitalik wouldn't have to do any more work either, he could just live off his ETHER.  Although he will continue to dev no doubt.




You are right, but the problems associate with Ethereum doesn't have anything to do with the devs. The problem is that to have Dapps who can function properly and better than traditional centralize apps requires so much things (faster worldwide internet, huge amounts of computing power). The Devs said it, Ethereum faces huge problems of scalability and perfomance...
sr. member
Activity: 446
Merit: 251
You are mostly right, but the problems that ethereum faces are so difficult to overcome without HUGE investments....
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