Topic: The Ethereum Paradox - page 42. (Read 99910 times)

whats the names of the exchanges?

Thanks.

Could anybody help me out in differntiating?

Casper is the thing that makes ETH different and let it be a smart contract Running blockchain?


Or


W/o casper And switch to PoS ETH = NXT ?

new link please...

I don't see how there can be any effect outside the particular output involved in the double spend.

No you fail to understand the salient economics distinction. Apps failing doesn't impact the economics of the security of the PoW that protects the block chain.

Again it seems most people fail to incorporate economics in their assessment of block chain technological decisions.


No it can't be easily fixed, because no one has yet figured out how to apply zk-snarks to a Turing complete scripting. I think it may be plausible, but I haven't looked at the nitty gritty details of that.

As I wrote upthread, Ethereum has been moving entirely the wrong direction towards PoS (which is utterly insecure and centralization) and sharding I explained upthread is implausible for Turing complete scripting block chains.

And I have stated my reasons that all decentralized file storage paradigms are fundamentally flawed and offered a fixed design. I have criticized MaidSafe, Sia, Storj, etc. as being fundamentally flawed.

I don't have enough time to continue correcting all the errors of readers who are incapable of living inside my head. My mind is moving much faster than I can possible correlate for all of you my 10,000+ posts. Sorry. I am not the unpaid personal secretary of every reader on this forum!


You think about it until you realize. Sorry I am not paid to spend all my time in forums explaining to the slow minded.

In the same way that there are an unbounded number of unknown apps/programs on regular computers which may also be faulty and which, when they become a dependency of another app, cause the other app to fail.

Oh boy

Okay I am going to explain this one time for those who weren't able to extract the salient point from what I wrote in the DE thread that I had linked to. And then after this post, I don't want to discuss any more shit on this forum (no insult/blame intended to those who have tried to have productive discussions with me including monsterer, which has been helpful and my sincere thanks is accorded in spite of any intermittent difficulties in attaining mutual comprehension).

The problem is that once you enable the ability to put hashes of private keys on the block chain and enable multi-sig where revealing those keys allows a designated party to spend the transaction to any one, when this depends on the order of confirmations, then it opens a way to fund 51% rented hashrate attacks. Now you claim this is only isolated to a flawed DE script and I say that there are unbounded number of unknown scripts which may expose similar ways to fund 51% rented hashrate attacks. Thus it is a generalized security hole. The only ways to close the security hole are to only allow miners to run scripts which have been vetted and authorized, but that then centralizes the control. The only decentralized solution I can think of is to use zk-snarks to run the scripts in a black box in homomorphic zero knowledge so that miners can't see the data stored on the block chain.  The only other solution would be analyze all the permutations of Op codes and be sure that all culprit op codes were removed.

This is why I had sent a private msg to Gregory Maxwell, yet he says my msg is incoherent, because he didn't even take the time to understand, because I allege/observe he is an overconfident cocky destroyer of Bitcoin and destroyer who knows what else (in spite of apparently being very proficient at designing efficient algorithms for sound compression and apparently also reasonably expert at cryptography and much more so than me at both of those).

Ethereum's even more generalized scripting will be much more vulnerable to this.

The security hole funds an attacker to 51% attack a coin. This affects not only the unwinding of derivative transactions (which could span most of the coins if the attack is lie-in-wait long enough) and also impacts all the coins in terms of loss of value due to the market reaction to a 51% attack and also enables the attacker to do some double-spending while he is attacking. Also we can't characterize all the types of scripts which might create such losses and thus be directly impacted by stolen coins.

I had read that link but concluded that it was largely concerned with DE transactions; which boils down to a faulty script but that script not affecting the security of the chain in general, but only the funds involved in the script in the worst case.

Casper aside, I still don't see how programmable scripting in general weakens the security of the entire chain; if anything it's analogous to the cascade of invalidations related to the particular output of a double spend. Only that script and related scripts are at risk.

>>




You've sure got a hard-on for Ethereum.

I'll create a post on Ethereum redddit raising your points in posts like this https://bitcointalksearch.org/topic/m.13924697

With any luck Vitalik, Nick, Gavin or any of the many others involved can address your points.

Ah thanks so he is a plagiarist a la John Conner of VNL VanillaCoin. These low lifes seem to have similar scambug tactics.

How technologically clueless does someone have to be to not realize that any text on the internet can usually be found with Google. It is as if they never used internet before.

Aha, found it in Pastbin:

Allow me to play double advocate here for a moment. For all intensive purposes I think you are wrong. In an age where false morals are a diamond dozen, true virtues are a blessing in the skies. We often put our false morality on a petal stool like a bunch of pre-Madonnas, but you all seem to be taking something very valuable for granite. So I ask of you to mustard up all the strength you can because it is a doggy dog world out there. Although there is some merit to what you are saying it seems like you have a huge ship on your shoulder. In your argument you seem to throw everything in but the kids Nsync, and even though you are having a feel day with this I am here to bring you back into reality. I have a sick sense when it comes to these types of things. It is almost spooky, because I cannot turn a blonde eye to these glaring flaws in your rhetoric. I have zero taller ants when it comes to people spouting out hate in the name of moral righteousness. You just need to remember what comes around is all around, and when supply and command fails you will be the first to go.
Make my words, when you get down to brass stacks it doesn't take rocket appliances to get two birds stoned at once. It's clear who makes the pants in this relationship, and sometimes you just have to swallow your prize and accept the facts, instead of making a half-harded effort. You might have to come to this conclusion through denial and error but I swear on my mother's mating name that when you put the petal to the medal you will pass with flying carpets like its a peach of cake.


Still funny though

It is entirely devoid of technological acumen. I haven't seen stoat display even a rudimentary level of comprehension of the technological issues we discuss.

Last time I checked English professors do not create software. Btw, I did get an A in English 101 as a freshman at the University in 1983, but I think that is entirely irrelevant here. If stoat wants to display the value of his English prose, perhaps he should try a literary forum.

We are investing in, analyzing, and developing software.

As well, the level of creativity in that sentence is minor taken in isolation. It's no Shakespeare unless he can produce volumes of such material in a concerted form. And still even such an accomplishment would be essentially worthless in the context of this forum.

Frankly I don't put that much thought into my verbiage on these forums. The volume of writing I do simultaneously with the volume of deep technological thinking, doesn't afford me the luxury of focusing on eloquent prose. The 80/20 rule of efficiency applies. Seems stoat subscribes to the 99.9/0.01% rule of pedantic non-accomplishment.

Ran twice today. Starting my training awaiting stoat's arrival in Davao for the boxing challenge.

That is one of the funniest posts I have read in a long while

You guys must all have English degrees!

My zk-snarks idea has been prototyped by gmaxwell and the Zcash team:

https://bitcointalksearch.org/topic/m.14023183

Smooth...

Collect donations and pay me, then I will do it. Or have someone else do it.

---

The point is after wasting $15 million, Ethereum is no closer to a solution than when they started. And they are moving further in the wrong direction away from any decentralized solution.

(they are moving towards a centralized result and obscuring that it is centralized in technobabble, yet they are also adding so much complexity that I think it might diverge/disintegrate/malfunction as well as being a failure due to being centralized ... and they may not even fully comprehend this which is indicative of the mess... )

And Nick Szabo is discussed in this thread, click "All" then use Ctrl+F on your browser to search for "Szabo".

Read also enet's last post (which he apparently deleted, but he had pointed out that he knows code and there were only 13 issues ever opened on the development of libethereum at Github, which seems to indicate very little actual testing and usage).

Read also my last reply to monsterer regarding the fact that scripting on block chains is inherently insecure and can't be fixed (except maybe with some super complex zk-snarks thing that no one is thinking about).

Read also hv_'s post about PoS and smart contracts.

Etc... (far too much to summarize easily, I would need to be paid to redo all that into a very well organized summary).

It would be seriously great if someone could go through all the relevant threads
and gather up some kind of FAQ

Lol stoat calling the kettle black, trolling the thread with off-topic noise (the thread is "Ethereum Paradox" not "Queen's English 101").

Btw, "calling the kettle black" is a strictly grammatically incorrect idiom.

Btw, I am an American and we kicked your tea-sipping, chair bound English arses and will do it again. You can stick your pompous pendant grammar up your A-holes. Yet somehow your youth now admire our Southern idioms in the form of rap music.  

I'd like stoat to provide evidence that he even knows how to code.  

Stoat anytime you'd like to challenge this "doddering old man" to a boxing match, I don't care what is your height nor weight. Let's get it on motherfucker because I am going to rearrange your facial features like putting lipstick on a pig. Put your gloves where you slobbering, technologically-illiterate mouth is.

You see what a native blooded man (Pacquiao) did to your Ricky Hatton. Be aware I have Cherokee native blood. When I am enraged, I don't give a fuck about your bullets. Don't fuck with a native. I've seen best friends here in the Philippines slaughter each other with machetes when enraged. You don't fucking understand that even a female can lift a car when her baby is under the wheel. Don't fuck with native, there is superhuman power lurking that can be called upon.

There is a boxing ring here at my Holiday Spa Gym in Davao. Show up or STFU.