Topic: Tell me I'm wrong: Does cryptokitties expose the weaknesses of ETH? - page 2. (Read 1194 times)
December 07, 2017, 03:59:41 PM
CryptoKitties shows what anyone knew - today's Ethereum version does not work well with high-load and I want to remind you that a half volume of transactions made by Ethereum network (before CryptoKitties).
December 07, 2017, 03:50:37 PM
Yes it does, but with every system stress tests are always needed to see what the capabilities are and how to improve it.
Imagine if ETH was adopted globally in society right now? This allows the developers to sort out issues before it becomes a bigger problem. I know some people are angry about the kitties but ETH will come back stronger from it.
Imagine if ETH was adopted globally in society right now? This allows the developers to sort out issues before it becomes a bigger problem. I know some people are angry about the kitties but ETH will come back stronger from it.
December 07, 2017, 10:26:57 AM
Yes definitely. Prior people were happy about how this shows potential usage for the ETH network beyond ICOs and they were correct...but only if it can handle the volume and transactions. Clearly the ETH network needs some work but the potential is still there which should be encouraging.
The potential is always going to be there and what has happened is really here to answer a lot of people's question about increasing block size to be the best scaling issue. Now they have it with Ethereum and despite that, the network still got flooded with so many huge transactions trying to go all in at once, including the spam ones.The game really helped in a way to expose this to people so they can understand better but I do not think that should affect Eth in anyway. People really just need a lot to learn about block sizes and why the scream about BCH not being a better option to BTC is correct.
December 06, 2017, 08:20:30 PM
Please explain, does IOTA architecture doesn't have such a problem with transaction fees and speed?
Everyone from my circle of friends talking about CryptoKitties and ETH performance issues
And they told me that IOTA is a next-gen blockchain without such kind of issues.
Can anyone explain me in a few words is this a true? Is this a reason why IOTA price is growing instead of ETH price last week?
Everyone from my circle of friends talking about CryptoKitties and ETH performance issues
And they told me that IOTA is a next-gen blockchain without such kind of issues.
Can anyone explain me in a few words is this a true? Is this a reason why IOTA price is growing instead of ETH price last week?
December 06, 2017, 07:58:07 PM
This whole thing scares the shit out of me. Shows just that the network is still in its infancy and not at all ready for a broader audience, although there is always advertising like that. What might happen if now people start to spill out similar dapps on the market for example with pokemons or some other stuff for the masses. Could this bring the whole network down? Or make it so congested that its not usable anymore at all?
December 06, 2017, 07:22:49 PM
The simple solution is to move things like CryptoKitties off the blockchain for internal transactions. A rising GAS price will eventually do that. One person's problem is another's opportunity. Higher GAS prices might make it a good time to invest in mining gear for Ethereum.
December 06, 2017, 06:26:11 PM
The lagging on ETH transfers today because of one dumb game is a real problem in my opinion. Is this merely a stress test - can ETH easily roll out a fix? Or is this the chance for ETH competitors to swoop in and show how they have better platforms? I was really trying to build up a little ETH portfolio so today's developments have me literally going 
Can those of you more familiar with what's going on please explain if this is a glitch in the matrix or a long-term issue?
Edited: to fix a couple of typos
Can those of you more familiar with what's going on please explain if this is a glitch in the matrix or a long-term issue?
Edited: to fix a couple of typos
You are right that this game exposes the weaknesses of ethereum, and developers admit this as well. But they also think that this is blessing in disguise. Because of this game developers would know where to focus on their upgrades on the system and what upgrades the system needs that it is lacking now.
December 06, 2017, 06:14:10 PM
So what's next then - can ETH fix this, or do you think this is a chance for another coin to take its 'second' spot behind bitcoin? And if so, which one? Something built off the ETH network, or a completely different solution? I am doing my best to learn but am still pretty hazy about all the technicalities (strengths and weaknesses) of the different blockchains, tangle, etc etc
Komodo Platform offered to host the cats. They can handle it ; )
https://mobile.twitter.com/KomodoPlatform/status/938457397886160897
December 06, 2017, 05:40:41 PM
Well ,from my less-informed standpoint, all I see is that it's been nearly 48 hours since I transferred a small amount of ETH from Cryptopia to Binance, and it's still is just not accounted for.
That's my money just spinning around somewhere, and it makes me nervous.
This makes me not trust the Ethereum network. So many expert voices here believe so strongly in ETH that I'm sure I must be wrong somewhere. Still, this is the impact of cryptokitties on me as an investor: originally I'd have jumped at the chance to add some ETH to my portfolio with the prices dipping like they are today. Instead, I'm taking that money and putting it into coins that are establishing themselves as ETH alternatives.
And I highly doubt I'm the only one!
That's my money just spinning around somewhere, and it makes me nervous.
This makes me not trust the Ethereum network. So many expert voices here believe so strongly in ETH that I'm sure I must be wrong somewhere. Still, this is the impact of cryptokitties on me as an investor: originally I'd have jumped at the chance to add some ETH to my portfolio with the prices dipping like they are today. Instead, I'm taking that money and putting it into coins that are establishing themselves as ETH alternatives.
And I highly doubt I'm the only one!
December 06, 2017, 05:38:25 PM
I learned about cryptokitties from children in the supermarket. They discussed - where to get the eth, to buy these kittens and get rich. There one cat stands on the 7 ethereum. What happens at all? Transactions are long and expensive. The price of the ethereum fell down. It is interesting what Vitalik will do with these animals, he recently wanted to fry half the coins of the eth. I hope animal (real) will't suffer during these experiments. 
December 06, 2017, 05:30:07 PM
The lagging on ETH transfers today because of one dumb game is a real problem in my opinion. Is this merely a stress test - can ETH easily roll out a fix? Or is this the chance for ETH competitors to swoop in and show how they have better platforms? I was really trying to build up a little ETH portfolio so today's developments have me literally going
Can those of you more familiar with what's going on please explain if this is a glitch in the matrix or a long-term issue?
Edited: to fix a couple of typos
That means the scalability of the ethereum network doesn't enough to run dapps in there. the ethereum needs a better scalability, just like the sharding blockchain. at least i must confirm million tx just in a second to get the best experience to run dapps just like cryptokitties. Can those of you more familiar with what's going on please explain if this is a glitch in the matrix or a long-term issue?
Edited: to fix a couple of typos
December 06, 2017, 05:20:59 PM
Suddenly I have caught myself on observation that Jevon's paradox is working here. I just need time to put formulas, but generally the conclusion is - less time for money transaction - more transactions will be. Except that the crypto-currencies will triple the circulation of money BTC and Ethereum will be overloaded for several years at least.
December 06, 2017, 05:17:51 PM
If cryptokitties expose the weaknesses of ETH (It is not proven for now) then it is a good thing. We tend to forget these blockchain technologies are still new.
I see this Kitties thing as a stress test, better now than later.
I see this Kitties thing as a stress test, better now than later.
It is best to solve all problems at the beginning of the coin development. I think that the developers are already trying to solve this issue. For me it was a surprise that the game was able to disable the network of ETH
December 06, 2017, 05:13:01 PM
The cryptokitties is a very good test of ETH network. Sending a transaction is now slower than Bitcoin.The Etherium team should find a solution for this problem, else people may use another blockchain. But i personnaly don't find the utility for cryptokkities. It is cheaper to buy a Nintendo console and buy Pokemon game... And the game is much more sophisticated on a console.
December 06, 2017, 04:57:44 PM
If cryptokitties expose the weaknesses of ETH (It is not proven for now) then it is a good thing. We tend to forget these blockchain technologies are still new.
I see this Kitties thing as a stress test, better now than later.
I see this Kitties thing as a stress test, better now than later.
December 06, 2017, 04:39:21 PM
but I see in my favorite market etherium is still in the udder ombang to increase the value of daroi altcoin. if this has met the target of the etherium itself I think the etherium will add high again the value of its trade.
December 06, 2017, 04:37:06 PM
This proves that Ethereum cant hold a large of numbers of transactions in a day,this crap games will ruin ethereum's price.
Eth seems to be going down rather steadily over the last day or so. I wonder if that is truly because of cryptokitties. That would be a pretty landmark moment for crypto in general... this is hopefully a lesson that many will learn from in the industry.
December 06, 2017, 04:28:21 PM
i bet vitalik just gone to his backyard to grab his pitbull 
December 06, 2017, 06:53:32 AM
Yep absolutely. People were FUDding against BTC saying ETH would replace BTC because ETH was a lot faster than BTC which was facing scaling issue at that time. Now this proves the infrastructure of ETH is probably not a lot better than BTC - it seemed better only because it wasn't handling as much as BTC did!
This is because projects are lead by developers, and fanbois who accept everything they say, and dont listen to dissenting voices. Some is FUD, some is plain old experience. Ops guys such as myself will tell you that if you give a project 10x more capacity, some time they'll be using up 10x data, if you create a platform without controls, someone will deploy something thats out of control.
December 06, 2017, 06:45:11 AM
Quote
Or is this the chance for ETH competitors to swoop in and show how they have better platforms?
it is. but most of them are not any better. they are mostly not used and that makes them simpler to use and it hides issues like this the same way it was hidden in ETH for a long time.
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