Only ETC is the real Ethereum - page 6.

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Quote from: 1ofthemany on August 10, 2016, 01:36:08 AM

Quote from: bbc.reporter on August 10, 2016, 01:05:28 AM

Yes. I just watched Charles Hoskinson's interview. Very good news coming from him. I mentioned this in the another thread. Please check out Nick Szabo's retweet that has a like to an ETC wallet generator in it. What do you think? Is he supporting ETC?

Nick Szabo is a self-described libertarian. To me the answer is clear.

That is a good point. To me it will still be good to hear from him and know what his opinion is and what he thinks of the ETC versus ETH battle that is going on now. A lot of people in the community will find it valuable I'm sure.

Amph

legendary

Activity: 3248

Merit: 1072

Quote from: oblivi on August 09, 2016, 01:10:49 PM

The biggest problem with ETH is that now once the precedent of a bailout hard fork is set is very, very hard to trust this project.
What will happen once another smart contract disaster happens again? Cmon!

would be curious to know who was behind the coding of the smart contract project, they should integrate it as a part of the fork itself, not a separate project

1ofthemany

member

Activity: 62

Merit: 10

Quote from: bbc.reporter on August 10, 2016, 01:05:28 AM

Yes. I just watched Charles Hoskinson's interview. Very good news coming from him. I mentioned this in the another thread. Please check out Nick Szabo's retweet that has a like to an ETC wallet generator in it. What do you think? Is he supporting ETC?

Nick Szabo is a self-described libertarian. To me the answer is clear.

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Yes. I just watched Charles Hoskinson's interview. Very good news coming from him. I mentioned this in the another thread. Please check out Nick Szabo's retweet that has a like to an ETC wallet generator in it. What do you think? Is he supporting ETC?

greenuser

sr. member

Activity: 364

Merit: 250

Marie Curie, 2 x Nobel Prizes Physics & Chemistry

Quote from: bbc.reporter on August 09, 2016, 08:36:16 PM

Quote from: Abiky on August 09, 2016, 01:14:02 PM

Quote from: bbc.reporter on August 08, 2016, 09:16:48 PM

That is all only in theory. In practice what will happen is the miners will switch to ETC. Vitalik would be crazy to announce any definite dates for Casper's release now. That will make the ETC chain stronger because miners want long term security to operate. Casper is a threat to them.

Yeah. That is why ETC will have a strong advantage over this in the future as miners will keep the network secure, while ETH switches to PoS and would be left behind. Then, after ETH is forgotten the original chain (ETC) would prevail and there will only be a single Ethereum. I'd bet that they're planning a The DAO 2.0 real soon. Let's see how this would turn out in the long run. Just my opinion.

Are you typing without thinking? ETH will not go away even if it switches to Casper. Not all of the miners will mine ETC some will find a different altcoin depending on the price of ETC if it is profitable. I said this in another thread, what I foresee happening is that ETC will become a "community chain" with community projects like in NXT and ETH will become a "corporate chain" with venture capitalist backed projects. This will be good because each of them will have their own niche market.

The man from the beebs got it right bros & sisters

We have an active 12 person dev team https://trello.com/etcdev/members

We have 100+ volunteers https://github.com/ethereumproject/volunteer/tree/master/Keys

Over 500 on slack https://ethereumclassic.slack.com/messages/development/

And Charles Hoskinson at the helm

Support fom miners like Chandler Guo and many more.

This is the peoples coin not a foundation

All this in a little more than a week? And now the dao etc is back in safe hands
https://www.reddit.com/r/EthereumClassic/comments/4wyk47/re_the_etc_salvaged_from_attackdaos/

So much still to do. Keep an eye on the announcements section. Wink

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Quote from: Abiky on August 09, 2016, 01:14:02 PM

Quote from: bbc.reporter on August 08, 2016, 09:16:48 PM

That is all only in theory. In practice what will happen is the miners will switch to ETC. Vitalik would be crazy to announce any definite dates for Casper's release now. That will make the ETC chain stronger because miners want long term security to operate. Casper is a threat to them.

Yeah. That is why ETC will have a strong advantage over this in the future as miners will keep the network secure, while ETH switches to PoS and would be left behind. Then, after ETH is forgotten the original chain (ETC) would prevail and there will only be a single Ethereum. I'd bet that they're planning a The DAO 2.0 real soon. Let's see how this would turn out in the long run. Just my opinion.

Are you typing without thinking? ETH will not go away even if it switches to Casper. Not all of the miners will mine ETC some will find a different altcoin depending on the price of ETC if it is profitable. I said this in another thread, what I foresee happening is that ETC will become a "community chain" with community projects like in NXT and ETH will become a "corporate chain" with venture capitalist backed projects. This will be good because each of them will have their own niche market.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: oblivi on August 09, 2016, 01:10:49 PM

The biggest problem with ETH is that now once the precedent of a bailout hard fork is set is very, very hard to trust this project.
What will happen once another smart contract disaster happens again? Cmon!

Yes it's very hard to trust a project and community that seeks to do the morally correct thing. Better to put all your blind faith in 1 anonymous criminal who only has nefarious thoughts and actions at heart.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bbc.reporter on August 08, 2016, 09:16:48 PM

That is all only in theory. In practice what will happen is the miners will switch to ETC. Vitalik would be crazy to announce any definite dates for Casper's release now. That will make the ETC chain stronger because miners want long term security to operate. Casper is a threat to them.

Yeah. That is why ETC will have a strong advantage over this in the future as miners will keep the network secure, while ETH switches to PoS and would be left behind. Then, after ETH is forgotten the original chain (ETC) would prevail and there will only be a single Ethereum. I'd bet that they're planning a The DAO 2.0 real soon. Let's see how this would turn out in the long run. Just my opinion.

oblivi

hero member

Activity: 700

Merit: 501

The biggest problem with ETH is that now once the precedent of a bailout hard fork is set is very, very hard to trust this project.
What will happen once another smart contract disaster happens again? Cmon!

varusisog

member

Activity: 123

Merit: 10

Quote from: bbc.reporter on August 08, 2016, 09:16:48 PM

Quote from: Abiky on August 08, 2016, 01:46:45 PM

Quote from: bbc.reporter on August 07, 2016, 10:08:41 PM

Yes. The supporters and backers of ETC should not follow the switch to Casper right away. This will set new problems with the forked chain and Vitalik's strategy. He really now has created a lot of problems for himself. The original Ethereum classic is more relaxed and have the freedom to choose which direction it will take.

Yeah. I wonder how successful ETH would be once it hits PoS stage. Also, things would improve onto ETH (and probably ETC as well) once its version of BTC's Lightning Network (in this case, Raiden Network) becomes a reality. It will make Ethereum much faster and perhaps it may even rival VISA or Mastercard with its TPS. Anyways, I am hoping for ETC to head towards innovation making itself different than ETH by having its own DAO (a better and secure version than ETH's The DAO), or maybe even make new kinds of dapps. Just my opinion. Roll Eyes

That is all only in theory. In practice what will happen is the miners will switch to ETC. Vitalik would be crazy to announce any definite dates for Casper's release now. That will make the ETC chain stronger because miners want long term security to operate. Casper is a threat to them.

I think the same. The miners have helped the Ethereum Foundation and the members to secure their DAO coins. So the switch will be delayed by some time.

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Quote from: Abiky on August 08, 2016, 01:46:45 PM

Quote from: bbc.reporter on August 07, 2016, 10:08:41 PM

Yes. The supporters and backers of ETC should not follow the switch to Casper right away. This will set new problems with the forked chain and Vitalik's strategy. He really now has created a lot of problems for himself. The original Ethereum classic is more relaxed and have the freedom to choose which direction it will take.

Yeah. I wonder how successful ETH would be once it hits PoS stage. Also, things would improve onto ETH (and probably ETC as well) once its version of BTC's Lightning Network (in this case, Raiden Network) becomes a reality. It will make Ethereum much faster and perhaps it may even rival VISA or Mastercard with its TPS. Anyways, I am hoping for ETC to head towards innovation making itself different than ETH by having its own DAO (a better and secure version than ETH's The DAO), or maybe even make new kinds of dapps. Just my opinion. Roll Eyes

That is all only in theory. In practice what will happen is the miners will switch to ETC. Vitalik would be crazy to announce any definite dates for Casper's release now. That will make the ETC chain stronger because miners want long term security to operate. Casper is a threat to them.

buyinbtc

legendary

Activity: 1008

Merit: 1010

CryptoTalk.Org - Get Paid for every Post!

Quote from: The Sceptical Chymist on August 08, 2016, 02:21:45 PM

I don't get why ETH is doing so well. I only watch altcoins on yobit and I don't think ETC is listed there. This whole thing is one unholy christing shitfuck, and you'd have to be insane to buy either of these. No offense, OP.

im also puzzled about it though i think that eth will exist not for a really long time, in my opinion the price of it is going to be dumped really soon

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: The Sceptical Chymist on August 08, 2016, 02:21:45 PM

I don't get why ETH is doing so well. I only watch altcoins on yobit and I don't think ETC is listed there. This whole thing is one unholy christing shitfuck, and you'd have to be insane to buy either of these. No offense, OP.

Maybe because you don't understand the great tech that it is nor appreciate just how many massive financial backers and developers it has? Stick to your disgusting ETC criminal coin all you want but I have two full Ethereum bags.

The Sceptical Chymist

legendary

Activity: 3556

Merit: 7011

Top Crypto Casino

I don't get why ETH is doing so well. I only watch altcoins on yobit and I don't think ETC is listed there. This whole thing is one unholy christing shitfuck, and you'd have to be insane to buy either of these. No offense, OP.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bbc.reporter on August 07, 2016, 10:08:41 PM

Yes. The supporters and backers of ETC should not follow the switch to Casper right away. This will set new problems with the forked chain and Vitalik's strategy. He really now has created a lot of problems for himself. The original Ethereum classic is more relaxed and have the freedom to choose which direction it will take.

Yeah. I wonder how successful ETH would be once it hits PoS stage. Also, things would improve onto ETH (and probably ETC as well) once its version of BTC's Lightning Network (in this case, Raiden Network) becomes a reality. It will make Ethereum much faster and perhaps it may even rival VISA or Mastercard with its TPS. Anyways, I am hoping for ETC to head towards innovation making itself different than ETH by having its own DAO (a better and secure version than ETH's The DAO), or maybe even make new kinds of dapps. Just my opinion. Roll Eyes

dumana

full member

Activity: 148

Merit: 100

Quote from: bbc.reporter on August 07, 2016, 10:08:41 PM

Quote from: Abiky on August 07, 2016, 08:44:40 PM

Quote from: bbc.reporter on August 07, 2016, 08:15:33 PM

If ETH goes from POW to Casper POS then the miners will all transfer to ETC. The supporters of the forked chain must be very careful before getting excited about the switch to Casper. There are arguments that it is not a feasible way to reach consensus and that the system can be cheated by a majority. If they really want to make that switch soon then good for ETC. Miners are welcome there.

And that is if ETC decides to stay as a PoW crypto while ETH goes full PoS. It would ideal for ETC to stay as a PoW crypto since it will attract miners into it (not to mention that true consensus would be achieved with this) The only good thing about PoS in my opinion is that it is an energy efficient way to mine (or should I say stake) some coins. Some people cannot afford to buy expensive mining hardware (like GPUs) and maintain them, thus it will be easier for them to buy coins instead and stake them. Still, I think that PoW is better due to the fact that true consensus would be achieved and it would make the coin's network stronger. Grin

Yes. The supporters and backers of ETC should not follow the switch to Casper right away. This will set new problems with the forked chain and Vitalik's strategy. He really now has created a lot of problems for himself. The original Ethereum classic is more relaxed and have the freedom to choose which direction it will take.

If the ETC does not follow the switch to Casper right away, it will be a dead coin as nobody will provide service based on it.

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Quote from: Abiky on August 07, 2016, 08:44:40 PM

Quote from: bbc.reporter on August 07, 2016, 08:15:33 PM

If ETH goes from POW to Casper POS then the miners will all transfer to ETC. The supporters of the forked chain must be very careful before getting excited about the switch to Casper. There are arguments that it is not a feasible way to reach consensus and that the system can be cheated by a majority. If they really want to make that switch soon then good for ETC. Miners are welcome there.

And that is if ETC decides to stay as a PoW crypto while ETH goes full PoS. It would ideal for ETC to stay as a PoW crypto since it will attract miners into it (not to mention that true consensus would be achieved with this) The only good thing about PoS in my opinion is that it is an energy efficient way to mine (or should I say stake) some coins. Some people cannot afford to buy expensive mining hardware (like GPUs) and maintain them, thus it will be easier for them to buy coins instead and stake them. Still, I think that PoW is better due to the fact that true consensus would be achieved and it would make the coin's network stronger. Grin

Yes. The supporters and backers of ETC should not follow the switch to Casper right away. This will set new problems with the forked chain and Vitalik's strategy. He really now has created a lot of problems for himself. The original Ethereum classic is more relaxed and have the freedom to choose which direction it will take.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bbc.reporter on August 07, 2016, 08:15:33 PM

If ETH goes from POW to Casper POS then the miners will all transfer to ETC. The supporters of the forked chain must be very careful before getting excited about the switch to Casper. There are arguments that it is not a feasible way to reach consensus and that the system can be cheated by a majority. If they really want to make that switch soon then good for ETC. Miners are welcome there.

And that is if ETC decides to stay as a PoW crypto while ETH goes full PoS. It would ideal for ETC to stay as a PoW crypto since it will attract miners into it (not to mention that true consensus would be achieved with this) The only good thing about PoS in my opinion is that it is an energy efficient way to mine (or should I say stake) some coins. Some people cannot afford to buy expensive mining hardware (like GPUs) and maintain them, thus it will be easier for them to buy coins instead and stake them. Still, I think that PoW is better due to the fact that true consensus would be achieved and it would make the coin's network stronger. Grin

bbc.reporter

legendary

Activity: 3178

Merit: 1509

Quote from: Abiky on August 07, 2016, 07:48:49 PM

Quote from: XbladeX on August 07, 2016, 03:55:57 PM

Quote from: Abiky on August 06, 2016, 08:49:48 PM

....

I don't belive that hacker will dump all ETC just becouse he is courious where it will go.
For ETC this is just onother whale with big chunk of coin that supress ETC price. But porobably over time he will sell off his shares.
If he dump you will see ETC for 0,01$ Cheesy

... capitalization is not real value.
We will see where all will go. If i would invest in ETC ar ETH i should go with that one have or will have more projects onboard hisstory doeasn't matter.

Me too. Usually, the coin with the most projects will be the one that will be the most supported over the long term. ETC only has a minority of users into it, while ETH has the biggest investors and development team. I'm pretty sure that once Casper PoS hits out for ETH, things will be a lot better than what they are right now. Just my opinion. Grin

If ETH goes from POW to Casper POS then the miners will all transfer to ETC. The supporters of the forked chain must be very careful before getting excited about the switch to Casper. There are arguments that it is not a feasible way to reach consensus and that the system can be cheated by a majority. If they really want to make that switch soon then good for ETC. Miners are welcome there.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: XbladeX on August 07, 2016, 03:55:57 PM

Quote from: Abiky on August 06, 2016, 08:49:48 PM

....

I don't belive that hacker will dump all ETC just becouse he is courious where it will go.
For ETC this is just onother whale with big chunk of coin that supress ETC price. But porobably over time he will sell off his shares.
If he dump you will see ETC for 0,01$ Cheesy

... capitalization is not real value.
We will see where all will go. If i would invest in ETC ar ETH i should go with that one have or will have more projects onboard hisstory doeasn't matter.

Me too. Usually, the coin with the most projects will be the one that will be the most supported over the long term. ETC only has a minority of users into it, while ETH has the biggest investors and development team. I'm pretty sure that once Casper PoS hits out for ETH, things will be a lot better than what they are right now. Just my opinion. Grin

Topic: Only ETC is the real Ethereum - page 6. (Read 8042 times)