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Topic: [RFC] æthereum: a turing-complete coin distributed as per bitcoin's blockchain - page 2. (Read 48633 times)

member
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Merit: 62
Now with etherum released will there be some action?
legendary
Activity: 1619
Merit: 1004
Bitcoiner, Crypto-anarchist and Cypherpunk.
is this dead? Sure looks that way

It was just an idea.

Now we just need to to find someone to develop it. Or gather together to do it.
sr. member
Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
is this dead? Sure looks that way
legendary
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

The CLAM snapshot was a snapshit: it was every UTXO that got CLAM, regardless of the amount.
If I understand it correctly, the Aethereum snapshot would just give you an amount proportionally to the total number of BTC in existence.

In a sense though the CLAM snapshot wasn't all awful as you needed the wallet private keys and the technical knowledge to claim the CLAM sent to the transaction ID's with aether since the presale was a while ago it will take some time for all the aether to be claimed or a good part of it.
legendary
Activity: 1372
Merit: 1000
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

Yes you are right about exchanges with shitty policies. There should be an ænnouncement, and it should probably be quite far in advance and as widely publicized as possible.

that's why I proposed block 370000
Could also be 375000 or even 400000.
I don't care, as long as we are as public as possible about it. Maybe also start a new thread, seems better.

Sidechains would throw a spanner in the works too, I still advocate keeping exclusive control of your private keys and not trusting your stake in the blockchain to 3rd partys
legendary
Activity: 2968
Merit: 1198
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

Yes you are right about exchanges with shitty policies. There should be an ænnouncement, and it should probably be quite far in advance and as widely publicized as possible.

that's why I proposed block 370000
Could also be 375000 or even 400000.
I don't care, as long as we are as public as possible about it. Maybe also start a new thread, seems better.

The first thing to do is figure out how this snapshot is even going to work. Has anyone involved with this project even looked at the Ethereum code, designed the claim contracts, etc.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

Yes you are right about exchanges with shitty policies. There should be an ænnouncement, and it should probably be quite far in advance and as widely publicized as possible.

that's why I proposed block 370000
Could also be 375000 or even 400000.
I don't care, as long as we are as public as possible about it. Maybe also start a new thread, seems better.
legendary
Activity: 2968
Merit: 1198
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

Yes you are right about exchanges with shitty policies. There should be an ænnouncement, and it should probably be quite far in advance and as widely publicized as possible.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.

the thing is... not every exchange will bother unlocking the aether for their customers, or even just keep it for themselves.
I think it's better to an onounce the snapshot it in advance.

The CLAM snapshot was a snapshit: it was every UTXO that got CLAM, regardless of the amount.
If I understand it correctly, the Aethereum snapshot would just give you an amount proportionally to the total number of BTC in existence.
legendary
Activity: 2968
Merit: 1198
The nature of the snapshot model is such that it doesn't really matter much when you do it. That's part of the point of it, as opposed to other (broken) models such as CLAM, where knowing when the snapshot is going to occur gives a huge advantage.

If you already own ETH, then you get AETH without doing anything at all. If you don't already own ETH, then after the snapshot you can decide to buy neither, one, the other, or both.
legendary
Activity: 1176
Merit: 1015
for example block 370000 would be a nice round number to take the snapshot.
This would be in about 2 weeks, taking into account an 8 min block time on average.
we would have enough time to be public about this project and get people to prepare if they want to claim their aether

I agree.

We should get this done sooner rather later so that we can keep up with Ethereum's momentum.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
I like the aethereum project and suggest the snapshot of the blockchain to be anounced a few days in advance.
Why?
Lot of people have coins on exchanges etc. Some people would want to be able to move their coins to their own private keys

Agree with that !

I would like Peter R to comment on the launch.


for example block 370000 would be a nice round number to take the snapshot.
This would be in about 2 weeks, taking into account an 8 min block time on average.
we would have enough time to be public about this project and get people to prepare if they want to claim their aether
legendary
Activity: 2142
Merit: 1125
I like the aethereum project and suggest the snapshot of the blockchain to be anounced a few days in advance.
Why?
Lot of people have coins on exchanges etc. Some people would want to be able to move their coins to their own private keys

Agree with that !

I would like Peter R to comment on the launch.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!


I like the aethereum project and suggest the snapshot of the blockchain to be anounced a few days in advance.
Why?
Lot of people have coins on exchanges etc. Some people would want to be able to move their coins to their own private keys

Also, will you need the private keys or is signing a standard message enough?
If it's the former, Trezor owners would need to move their coins out of their device before the snapshot, and import them after the snapshot.
(unless they want to expose their seed after the snapshot and then move their coins to a new seed; this isn't a good idea, because some people reuse some addresses or want to be able to sign with some addresses associated with their previous seed)

edit: I've read the FAQ, I'm like what I read Smiley
Quote
12.  How exactly will I claim my æther?

Using your æthereum client, you can create one or several accounts.  Each account has an associated address.  To claim your æther, simply sign the æthereum address that you want credited with a bitcoin private key.  Paste the signature into the “claim aether” window in your client and post the transaction to the network.  This will provide cryptographic proof to the æthereum network of your right to claim your portion of æther from the nucleus. 

13.  But I don’t trust you with my bitcoin private keys.

There is no need to trust us.  Simply sign an æther address under your control with a bitcoin private key using whatever wallet you are comfortable with (e.g., blockchain.info, Armory, etc.,) and paste the resulting signature into the æthereum client.


So, the only thing to be decided is when to take the snapshot.
legendary
Activity: 2576
Merit: 1186
what's the status? I've heard ethereum is planning to release soon
Hopefully this project will re-target to be a sidechain with real bitcoins IMO.
legendary
Activity: 2114
Merit: 1013
what's the status? I've heard ethereum is planning to release soon
legendary
Activity: 2968
Merit: 1198
not much activity in this thread. Is this project still active?

I dont think there is a project. The idea was to fork ethereum when it is release, but ethereum hasn't been released.

sr. member
Activity: 249
Merit: 250
not much activity in this thread. Is this project still active?
hero member
Activity: 658
Merit: 500
bump for anyone has not seen this thread.
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