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Topic: The Ethereum Paradox - page 45. (Read 99910 times)

sr. member
Activity: 420
Merit: 262
February 24, 2016, 06:34:50 PM
Your macroeconomic analysis is retarded.

Justify your shrilling with facts and data. I await your elaborately detailed presentation to back your claim.

Otherwise you(r ignorance) will be appropriately ignored.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 06:32:42 PM
Your macroeconomic analysis is retarded.  Don't give up the dayjob...whatever that is.
sr. member
Activity: 420
Merit: 262
February 24, 2016, 06:04:47 PM
The Ethereum Paradox, indeed.

1. The value has increased to 450M$. Meanwhile the author of the system has written 0 lines of code in the last month. https://github.com/vbuterin

2. The former CEO of the project has presented the potential of smart contracts, mentions ethereum, but doesn't show running code. https://www.youtube.com/watch?v=3bY66Zgr8Cs

3. The algorithm will be changed to PoS, yet its entirely unclear how the current currency can survive this.

AFAIK, and I'd like to be corrected with tangible evidence, nobody uses the software for anything. All the examples I've seen were theoretical. It is, as far as I can tell a purely speculative vehicle.

3.POS is still in development and the currency will survive it just fine in fact it will probably increase in value, again.

We are at the end of an Austrian "Crackup Boom" cycle globally, where excess credit has destroyed all profitable investments. Given the global collapse contagion underway which will accelerate from 2017 to 2020, the exodus from government bonds (and other conservative investments which are no longer viable) has really only one place to go (as Martin Armstrong predicted):

stock speculation

$450 million mcap is nothing. No where near $450 million has changed hands, rather only $10s of millions at most.

So everyone position yourself to partake of the trend. Fundamentals aren't the only factor involved. Speculation follows speculation.

Ethereum doesn't have a monopoly on this phenomenon...
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 24, 2016, 04:46:09 PM
Lol mexican rootstock!  Saviour of bitcoin lol.  Roll Eyes

Getting even more paradox with that:

https://youtu.be/_so7aokJgYY
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 03:58:47 PM
Lol mexican rootstock!  Saviour of bitcoin lol.  Roll Eyes
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 24, 2016, 03:54:19 PM
1.V Buterin is meeting with investors and holding talks at the European parliament and shit.  There is a whole dev team doing the actual developing.



Watch him, he just needs some free lunch.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 24, 2016, 03:52:25 PM
And by the way, a forked ETH chain with smart-contracts (and all the same issues I outlined upthreat) will run as a BTC-sidechain soon, "backward comp" promised here:

https://bitcointalksearch.org/topic/2016-02-24-audio-rootstock-ceo-diego-guitterez-discusses-smart-contracts-1375724


So what exactly is the ETH good for? Speculation?
sr. member
Activity: 686
Merit: 270
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February 24, 2016, 03:45:24 PM
1.V Buterin is meeting with investors and holding talks at the European parliament and shit.  There is a whole dev team doing the actual developing.

2.why would you show code in an informal talk to people who probably can't read it

3.POS is still in development and the currency will survive it just fine in fact it will probably increase in value, again.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
February 24, 2016, 03:44:19 PM
The Ethereum Paradox, indeed.

1. The value has increased to 450M$. Meanwhile the author of the system has written 0 lines of code in the last month. https://github.com/vbuterin

2. The former CEO of the project has presented the potential of smart contracts, mentions ethereum, but doesn't show running code. https://www.youtube.com/watch?v=3bY66Zgr8Cs

3. The algorithm will be changed to PoS, yet its entirely unclear how the current currency can survive this.

AFAIK, and I'd like to be corrected with tangible evidence, nobody uses the software for anything. All the examples I've seen were theoretical. It is, as far as I can tell a purely speculative vehicle.

I agree, but I remember back in the days of the start of the internet. Many theories, nobody interested. Then those theories became real and everybody started going wooo. Then the companies went public and people called them unprofitable rubbish. Then they started making big profits after 5 years. And those boys who were talking theories and were being laughed at are all now billionaires and we know their names.

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 24, 2016, 01:27:23 PM
So let's hear you display some knowledge of functional polymorphism? Explain ML functors? What is a type class and why are there no inductive types in Haskell?

Etc..

It's not functional polymorphism, but parametric polymorphism. A type class is the way of doing ad-hoc polymorphism in Haskell. There is not inductive types in Haskell because all types include bottom value.

Do you still think you're the only one in here that know things?


Vanillacoin is a gem. Vanillacoin forum

Well I was thinking of precisely the following post which says "(parametric) polymorphism", but I term it functional polymorphism since it using functional parameters instead of parametric types of instantiable OOP objects:

http://scala-language.1934581.n4.nabble.com/scala-usefulness-of-OOP-tp2000320p2000339.html

(what a small world, I see Gregory Meredith participated in the above discussion)

No why would you assume such an absurd notion when I never indicated Huh I suppose you just have an ego problem (must be your irrational association with VNL, did you invest your lunch money?). I obviously know I am not the only one since I learned about Haskell's bottom type populating all types via Robert Harper's blog post. I didn't ask you, I asked Fuserleer.

But I already was aware that Haskell inverts the type hierarchy and puts bottom at the top of the hierarchy, or rather let's say Haskell is the dual and has co-inductive types. I wrote more about that here:

https://groups.google.com/d/msg/scala-language/PIhmEeMg-Ms/SUdf950G_T0J

If you truly know these matters and didn't just Google for them, then why on God's earth do you think VanillaCoin is a gem. Cripes surely you are smart enough to realize Zerotime and Chainblender are highly flawed.

Here one can try to follow and will find out that Casper might work with a reduced set of "well" defined type sub class so that scripts can terminate.

https://forum.ethereum.org/discussion/comment/18130/#Comment_18130

Referenced paper is guess that:

http://link.springer.com/chapter/10.1007%2F978-3-540-24727-2_7

Still performance vs. convergence is not clear.
sr. member
Activity: 420
Merit: 262
February 21, 2016, 12:42:37 AM
So let's hear you display some knowledge of functional polymorphism? Explain ML functors? What is a type class and why are there no inductive types in Haskell?

Etc..

It's not functional polymorphism, but parametric polymorphism. A type class is the way of doing ad-hoc polymorphism in Haskell. There is not inductive types in Haskell because all types include bottom value.

Do you still think you're the only one in here that know things?


Vanillacoin is a gem. Vanillacoin forum

Well I was thinking of precisely the following post which says "(parametric) polymorphism", but I term it functional polymorphism since it using functional parameters instead of parametric types of instantiable OOP objects:

http://scala-language.1934581.n4.nabble.com/scala-usefulness-of-OOP-tp2000320p2000339.html

(what a small world, I see Gregory Meredith participated in the above discussion)

No why would you assume such an absurd notion when I never indicated Huh I suppose you just have an ego problem (must be your irrational association with VNL, did you invest your lunch money?). I obviously know I am not the only one since I learned about Haskell's bottom type populating all types via Robert Harper's blog post. I didn't ask you, I asked Fuserleer.

But I already was aware that Haskell inverts the type hierarchy and puts bottom at the top of the hierarchy, or rather let's say Haskell is the dual and has co-inductive types. I wrote more about that here:

https://groups.google.com/d/msg/scala-language/PIhmEeMg-Ms/SUdf950G_T0J

If you truly know these matters and didn't just Google for them, then why on God's earth do you think VanillaCoin is a gem. Cripes surely you are smart enough to realize Zerotime and Chainblender are highly flawed.
legendary
Activity: 1008
Merit: 1007
February 20, 2016, 08:57:27 AM
If you are incapable of comprehending technical details, that isn't my fault. It also means you are incapable of judging whom is more expert. The astute readers know how to study what I have written and listen to my video.

Any chance you could youtube your video, for ppl that don't want to download 200Mb?
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 20, 2016, 08:34:56 AM
Video won't play on my phone...
sr. member
Activity: 420
Merit: 262
February 20, 2016, 08:11:26 AM
Alright cool.   I believe these problems are solvable.

I already explained w.r.t. to proof-of-stake and consensus-by-betting why Vlad and Vitalik are not close to solving them and are pursuing their wrong direction. And that aforementioned link doesn't even include their error of pursuing partitioning.

But you aren't sincere (you are not interested in knowing the truth).

Next question:  do you think you're the smartest person in the world and know everything?

I don't need to be the smartest in the world. I only need to explain factually as I did, that I am smarter (more experienced actually) than Vlad and Vitalik on these issues being discussed in this thread.

If you are incapable of comprehending technical details, that isn't my fault. It also means you are incapable of judging whom is more expert. The astute readers know how to study what I have written and listen to my video. Nothing you can write will change that. So just keep trolling and attempting to bury the truth with your insincere noise.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 20, 2016, 08:07:17 AM
Alright cool.   I believe these problems are solvable.


Next question:  do you think you're the smartest person in the world and know everything?
sr. member
Activity: 420
Merit: 262
February 20, 2016, 08:03:11 AM
Oh dear.  More walls of text.  I want to know what the ethereum paradox is.  Can someone explain it in 6 lines or less please?


0x8d1b4e41652eacec5715dc5c4833f6b713573de6 If you agree with me, please support a friend of mine in need.

Readers see the games these retarded ETH shills play. stoat pretends he didn't already read this yesterday:

(1) What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures.

(2) For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already and on the precipice of failure (all of them! study my links!).

(3) Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes that violate Nash equilibrium.

(4) So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus.

Expect the shills to bury this post in more noise as they desperately try to sell you some bag holding shitcoins.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 20, 2016, 07:55:23 AM
Oh dear.  More walls of text.  I want to know what the ethereum paradox is.  Can someone explain it in 6 lines or less please?
sr. member
Activity: 420
Merit: 262
February 20, 2016, 07:50:16 AM
FTR I wasn't attacking you in any manner.  I was simply pointing out the absurdity of "the brace debate" when its used as a means to gauge someones abilities as a developer.

Cripes did you forget I already explained to you why it is indicative of a non-expert!

What the code does and its architectural structure, not how its formatted, should be the only real metric used to gauge abilities surely?

Did you forget I also pointed one of his architectural flaws in that he is writing procedures instead of functions.

You are not convincing me that you have the high level of comprehension necessary to be an effective expert.
sr. member
Activity: 420
Merit: 262
February 20, 2016, 07:12:57 AM
legendary
Activity: 2366
Merit: 1048
February 20, 2016, 05:24:45 AM
Okay fine.

I am warning all fuckers, I am tired of BS attacks on me. I will P3WN anyone who attacks me and hasn't done their homework. Please at least make your attacks interesting and challenging for me.

And the blabla goes on and on and on and on and............................................................................ ....................
We can see that, since i first saw TPTB (not that long ago) i realised he is everywhere, it doesnt look like he is going anywhere Smiley.
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