Topic: **** Official Ethereum QA thread **** - page 6. (Read 34540 times)

Are we any closer to an IPO announcement date, where the date for the IPO will be announced lol ?

Guys, what about my question?

(\__/)
(='.'=)
(")_(")

haha^^

What happens in Zurich stays in Zurich

Did you guys have a pillow fight?

1) It's completely self funded, people contribute what they can. I was at our Swiss 'prototype incubator' and we slept 11 in a 2 bed apartment. Fun times, we got to know each other really well.
2) It's self funded. People volunteer on the project.

Looking at your team- it's quite impressive and probably costly.

1) what is the current burn rate for team, offices and other expenses? I would imagine that it can run up to $250k a month

2) how is it being financed? are there big seed investors? any commitments ALREADY from the IPO?

Thanks

depends on the product.

eg satoshi didn't advertise bitcoin that much

Everybody keeps missing the critical point when they talk about forking Ethereum: the user base.

I can create a brand new TV network and sell my advertising for pennies on the dollar, compared to Fox and TNT and TBS. But is anyone going to buy the advertising? Not unless I can somehow attract the users, too. And in order to attract the users, I have to do something better than what everybody else is doing. I can't merely copy content from a major network (even if that were legal) and run it on mine--nobody would pay any attention. To gain users and market share, I would have to actually innovate.

Thanks could you also answer

lso if NXT gets turning complete scripting/language (and it appears to be happening now) what advantages remain for etherium over NXT?

Ok, so it looks like I hit the nail on the head this is a crucial question, and etherium is a bundle of switches waiting to be arbitraged out by a fork, if fees are too high.

Thinking out loud

Perhaps you need a special attribute of "time" to colour etherium with, So ethreium coins have two core attributes, on of unit of sale like bit coin, that is 1 eth = 1eth,  and the current usage of the computational power of ethrium weights in a relative value to each etherium.

that multiplication of the two gives the market rate of etherium.

thus the usage / demand  of the network can dynamically colour an attribute of the coin. say the whole processing network is operating at 1000/s Unit, and has a capacity of 10000 units/s then, the number of eth in existence can be weighted by PRactual/PRcapacity *1/Number of eth.

So the code must have some sort of ability to detect execution requests, so that overcapacity can be dealt with, e.g. 1Million / 1000.

this raises the problem of knowing how much a program will request before you execute it......to solve this, the task should be thrown that allows a code to run on vm local cpu of with test net ruthenium, and an execution rate per second, that has its power defined as current ethrium network CPU.

thus your entering into a PID sort of feed forward/Feed back control system, (better brush of those nyquist stably theorems etc). I'm not sure there is any other way around this. The market does exactly the same thing but at a slower pace by simply releasing etherium forks.

A final note maybe that some how to allow all process to be run on an executors own cpu and only results at the interface be verified.Etherium seems to be pose the question of distributed computing needs to be tied together and pooled to solve a single problem in an efficient not cheat able manner.

And what about https://bitcointalksearch.org/topic/m.5115679 ?

Regarding #1, it's something we're currently actively researching and modeling. You can read some of Vitalik's though on the subject at http://blog.ethereum.org/2014/02/01/on-transaction-fees-market-based-solutions/

still no answer to [1]...

also if NXT gets turning complete scripting/language (and it appears to be happening now) what advantages remain for etherium over NXT?

This was kind of huge to read.  Are we just talking "for the purposes of paperwork related to addressing potential regulatory restrictions? Or are we actually accurately describing Ethereum value over time?   If the former, disregard this paragraph.  If the latter, then it seems Ethereum is a platform for startups to build products and services on top of.  It is not considered an investment opportunity. I mean if an accurate comparison is the value increase of milk over time ...... If I completely missed the point, just reply with "former not latter".

-B-

Its 2014, we don't want slow performance.

It will be an issue.

It won't be an issue.

Performance will be slow in this case.

Best use a library which supports ints larger than 8 bytes. Go uses big.Int, C++ uses Boost's library and there are plenty of other libs in other languages that support 8+ bytes. As for ridding of the opcodes, nothing has been decided.