The DAO FAIL - page 9. | Bitcointalksearch.org

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: kattokassinen on June 22, 2016, 11:18:00 AM

Quote from: MySecondCunt on June 22, 2016, 11:12:12 AM

Quote from: kattokassinen on June 22, 2016, 10:54:55 AM

This happened to first ever MAJOR Ethereum based contract.

What do you expect in the future? Forks, forks and forks.

Smart contracts don't work. There will always be bugs.

I of course stand corrected, if Ethereum can provide a bug-free utopia.

The first time you try to drive a nail with a hammer, you smash your thumb.
From this, according to your logic, we proceed to infer:
   1. You should give up. If the first attempt failed, the second could only fail harder.
   2. Your sore thumb is not your fault, it is the fault of ~~Etherium~~ the hammer. For not having a childproof thumb guard.
   3. A hammer without a thumb guard is useless.

Am I reading you correctly?

No, I am saying Ethereum will probably sell as well as head mounted toilet paper dispenser. It's pointless, expensive and there are way better and cheaper methods to achieve the same.

You are free to think whatever you want, though the rationale you have offered to back your opinion is junk.
In the meantime, I'll just leave this here:

http://coinmarketcap.com/

Yeah, that's how well the toilet paper dispenser is selling right now

kattokassinen

full member

Activity: 169

Merit: 100

Quote from: MySecondCunt on June 22, 2016, 11:12:12 AM

Quote from: kattokassinen on June 22, 2016, 10:54:55 AM

This happened to first ever MAJOR Ethereum based contract.

What do you expect in the future? Forks, forks and forks.

Smart contracts don't work. There will always be bugs.

I of course stand corrected, if Ethereum can provide a bug-free utopia.

The first time you try to drive a nail with a hammer, you smash your thumb.
From this, according to your logic, we proceed to infer:
1. You should give up. If the first attempt failed, the second could only fail harder.
2. Your sore thumb is not your fault, it is the fault of ~~Etherium~~ the hammer. For not having a childproof thumb guard.
3. A hammer without a thumb guard is useless.

Am I reading you correctly?

No, I am saying Ethereum will probably sell as well as head mounted toilet paper dispenser. It's pointless, expensive and there are way better and cheaper methods to achieve the same.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: kattokassinen on June 22, 2016, 10:54:55 AM

This happened to first ever MAJOR Ethereum based contract.

What do you expect in the future? Forks, forks and forks.

Smart contracts don't work. There will always be bugs.

I of course stand corrected, if Ethereum can provide a bug-free utopia.

The first time you try to drive a nail with a hammer, you smash your thumb.
From this, according to your logic, we proceed to infer:
1. You should give up. If the first attempt failed, the second could only fail harder.
2. Your sore thumb is not your fault, it is the fault of ~~Etherium~~ the hammer. For not having a childproof thumb guard.
3. A hammer without a thumb guard is useless.

Am I reading you correctly?

kattokassinen

full member

Activity: 169

Merit: 100

This happened to first ever MAJOR Ethereum based contract.

What do you expect in the future? Forks, forks and forks.

Smart contracts don't work. There will always be bugs.

I of course stand corrected, if Ethereum can provide a bug-free utopia.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: spartak_t on June 22, 2016, 10:15:43 AM

I will repeat that I am not against the DAO, Ethereum, Bitcoin or whatever., but the DAO must change its abbreviation [...]

We must contact the Decentralized Better Business Bureau immediately!
They'll send their virtual, non-violent uninforcement friendgents so that the case could be tried in the High p2p Internet Court of Natural Law. This can't stand!

Bitcoin is controlled by a handful of factory mines in China, yet some still insist on calling it decentralized.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

I will repeat that I am not against the DAO, Ethereum, Bitcoin or whatever., but the DAO must change its abbreviation, because it failed (as of now) to be decentralized. And I'm still angry that few people gathered so much funds, but allowed this to happen.... ah....

log2exp

full member

Activity: 180

Merit: 117

Price went up like crazy before Mt. Gox about to crash, history tends to repeat itself.

gogodr

sr. member

Activity: 434

Merit: 250

Are you people still buying this crap dao? Did you all not get the memo. Dao is dead.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: BitUsher on June 22, 2016, 09:24:58 AM

This is getting ridiculous , the daoattacker is treating ETH/DAO like his little playthings -

The Market Responds:

http://coinmarketcap.com/

Above price is current @ time of this post.

BitUsher

legendary

Activity: 994

Merit: 1035

This is getting ridiculous , the daoattacker is treating ETH/DAO like his little playthings -

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: spartak_t on June 22, 2016, 08:55:21 AM

Quote from: kattokassinen on June 22, 2016, 08:46:59 AM

Speaking from someone who has been around NEM since the beginning, I don't quite get the Chinese claim.

The chinese pumped many coins for no reason. TIPS and EAC are one of the examples. This is my only concern.

You're ignoring one major coin the Chinese have pumped for no reason. It begins with a "B," has "TC" in the middle, and always ends in tears.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: kattokassinen on June 22, 2016, 08:46:59 AM

Speaking from someone who has been around NEM since the beginning, I don't quite get the Chinese claim.

The chinese pumped many coins for no reason. TIPS and EAC are one of the examples. This is my only concern.

carajillu

hero member

Activity: 577

Merit: 500

Do you still have confidnce in somethink that has been (recursively hacked)^n?

kattokassinen

full member

Activity: 169

Merit: 100

Quote from: spartak_t on June 22, 2016, 08:30:22 AM

Quote from: kattokassinen on June 22, 2016, 08:19:54 AM

Decentralized smart contracts are probably the dumbest contracts in existence.

Contracts will never be flawless, they will always have bugs. Is Ethereum going to soft fork everytime something bad happens?

Centralized contracts are the way to go. NEM and its Mosaics are the best solution for centralized contracts.

NEM is controlled by the chinese as far as I know. You can say it for Bitcoin too, but it's kinda different story.

Speaking from someone who has been around NEM since the beginning, I don't quite get the Chinese claim. Yes there are some nice Chinese people around NEM, but I don't see them controlling the ecosystem nor having any sort of XEM majority.

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: kattokassinen on June 22, 2016, 08:19:54 AM

Decentralized smart contracts are probably the dumbest contracts in existence.

Contracts will never be flawless, they will always have bugs. Is Ethereum going to soft fork everytime something bad happens?

Centralized contracts are the way to go. NEM and its Mosaics are the best solution for centralized contracts.

NEM is controlled by the chinese as far as I know. You can say it for Bitcoin too, but it's kinda different story.

funkenstein

legendary

Activity: 1066

Merit: 1050

Khazad ai-menu!

Quote from: kattokassinen on June 22, 2016, 08:19:54 AM

[...] smart contracts are probably the dumbest contracts in existence.

I agree. They may teach us a lesson however:

http://frass.woodcoin.org/smart-contracts-could-save-the-legal-system-but-not-in-the-way-you-think/

MySecondCunt

newbie

Activity: 42

Merit: 0

^
Decentralized currency controlled by a handful of bros burning coal-fired, government-subsidized electricity in Chinese chicken coops doesn't sound like a begging idea either, tho it never stopped bitcoin

kattokassinen

full member

Activity: 169

Merit: 100

Decentralized smart contracts are probably the dumbest contracts in existence.

Contracts will never be flawless, they will always have bugs. Is Ethereum going to soft fork everytime something bad happens?

Centralized contracts are the way to go. NEM and its Mosaics are the best solution for centralized contracts.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: spartak_t on June 22, 2016, 08:03:44 AM

Quote from: MySecondCunt on June 22, 2016, 07:57:13 AM

....

Here is what I think about your posts:

https://media.giphy.com/media/xT0GqpswuzhOqHP6gM/giphy-downsized-large.gif

Yeah, I realize that your poisonous schadenfreude backed by mouth-foaming and hand-waving is far superior to actual dispassionate facts.
I guess I got nothing.
...wait, perhaps a topical palliative?

spartak_t

legendary

Activity: 1960

Merit: 1176

@FAILCommunity

Quote from: MySecondCunt on June 22, 2016, 07:57:13 AM

....

Here is what I think about your posts:

https://media.giphy.com/media/xT0GqpswuzhOqHP6gM/giphy-downsized-large.gif

Topic: The DAO FAIL - page 9. (Read 20467 times)