Topic: The Truth About The Fork - Alex Van de Sande (Read 2420 times)

I read it, all the rationalizing in the world doesn't justify bailing out DAO holders. Your endless spam on here doesn'the change the fact that ETC is the real coin.

Sooo you've still not read the article.

Spartak why the hell do you think i posted a topic in 2014 titled "[FACTS] ETH = Scam" ?

You just said some people supported Ethereum.

Well why do i have to point out AGAIN .. that they were NOT suppose to in the first place ?
What part of that don't you all get ?

For one thing it was an ICO and those are scammy.
Then.. we seen on page 1 of my scam topic a massive suspicious amount of coins being bought.
Then.. in 2016 we seen a record breaking amount of spam / hype and deceit / manipulation.

Coindesk got hit again with "News"
User reported getting spam PM's.
Clearly a super pump of epic proportions was laid out to lure in profiteers.
Which by looking at the signs any intelligent person could tell easily it was connected to Butters.
During that shit they lied by saying 1,000's of times that IBM was using Ethereum.
Then the Microsoft is "USING" Ethereum crap..
Then it was "Big Banks" ..buying "shitloads" to "use" it.

THEN we seen Butters dump on you all.

THEN we seen the DAO fiasco and how it was handled.

JUST HOW FUCKING GOD DAMN MUCH DO YOU NEED TO SEE THE WARNING SIGNS ?

You all cry FUD / Troll then argue on pushing ETH then invest in it then
expect me not to laugh later ?

Gimme a fucking break profiteers.
I WILL laugh at you because your fucking idiots.

There is one outcome for morons.. i wait for it and relish it when it inevitably happens.
Hell yeah i am laughing at your pain !

I want to taste those Ethereum tears  

Suffer kidiots.. and get ready for another I TOLD YOU SO  

this all sounds honest. i have to admit that i hope that ETC never will be more than a altcoin for speculators. and i still think that ETH will have a future. And not because i own a lot of ETH. Unfortunately i missed to buy more when the price was below 10$.

There were people who actually believe in their project. Personally I have been scammed several times from people, which first look like a nice guys, but at the end they proved to be scumbags. And it wasn't a good feeling. How did I deserved that? I don't consider myself naive though I do tend to trust people and humanity. If you want to benefit for the better cryptoworld's future, you can just point to scams (for example) you've noticed and that's it. Making fun with the ordinary people who got involved with them (by buying) is not helping anybody.

EDIT: Btw smart contracts is a very good thing. It's just that EF guys started things badly.

I don't view ETC as anymore a "criminal" coin than ETH is..
Saying that is simply slanderous.
Why would someone post that ?
For their own financial agenda (BAGS)

Minecache at least there is some substance to my posts.
I come here to discuss Altcoins and crypto in general.
You come here to post 6 topics a day with 1 link + 1 sentence.
THEN..
You insult people who don't play along with your ETH hype spam bullshit game your playing here.. still.

I don't think you possess the ability to have an intelligent conversation..
Which is why you act the way you do.

Every time you open your mouth i decimate you and put you in your place then you hide and roll out more topics.

Bottom line is Minecache you are coming off as a desperate tweaker mETH head
scared shitless by ETC and stuck as you admitted "going long" bag holding ETH.
Which is fine to some extent..
What isn't is your never ending dishonest commentary.
THAT is what bothers me about your garbage posts.

It's not that you disagree with me that i don't like..
It's that you are deceitful about it with the community at large.

I respect my enemies and am willing to chat with them anytime.
We can always learn from other.

What will i learn from talking to Minecache ?
He seems like a dishonest, stubborn, brat shill to me..

@Spartak
i aimed the "FUD" at you earlier as a response to your additional comment about..
"Not finding this funny"
That is another time you posted that.
Many of us do find it funny watching people get what they deserve.
I get the feeling you think they don't deserve it..
Why ?
Because you might be trying to justify "Smart contracts" or ICO's etc
Not sure how much proof we need ETH is a scam..
If it was in court i bet a conviction would be handed down.

You all just hang around defending shit like fanboys.
I warned users like crazy about GOX ahead of time then Cryptsy etc.
You all don't listen !
You simply try and justify bad behavior then "invest" for profit.
And if you don't ?
You stop chanting Free Market and ask for the cops or Exchanges or Forums to act like Police.
..or cry for rollbacks.
Then when you get paid you go right back to chanting Free Market
THEN..
Start campaigns to bring back Paycoin, GOX, Cryptsy etc
I have PM"s from an older user here that was STILL defending Cryptsy long after the fact
talking about privately funding to bring them back.
GOX ?
Ever heard of Bitcoinbuilder ? hahhahahahhahah

Like fucking come on.. you are all pathetic sleazy little idiot brat clowns
and fucking hell YEAH i am laughing at you.

Maybe don't follow inept brats and criminals for profit ? (while playing dumb about it)

Make your bed.. sleep in it and STFU !

Don't you dare loiter around Crypto chanting Free Market then come running back here screaming SCAM!!
..because you didn't get your cut of the ponzi scheme.

I can safely guarantee you all EARTH is laughing it's ass off at all this scammy garbage.

i believe dao will get back as its not 100% down but may take some months to recover

etc network can be hacked anytime see bitfnex bitcoin exchane lost  millions  huh   day will day

those who go for ETCC ARE THOSE NEWBs who wants some money and saw one etc has potential to become 2nd crypto so they stated to buy sell buy sell .... thats how it goes  even if there wil be hundret of threads that wont stop becaue people who been introuduced for etherenum and wan

See @minecache. Go to the next thread.

"etc criminal coin"

Yeah it takes a lot of effort for the ETC criminal coin Spoetniktards to read a single sentence and click a link. Your posts, people just see your name and skip to the next reply.

1. That doesn't mean anything.
2. "I know" some things and I've lost nothing in this fiasco (nor I bought any ETH, despite the fact that I expected the ICO to be a winner).
3. What attitude? I am thinking about the ordinary people. You can fuck me in the ass and I won't be annoyed, but if I see you stealing the last $5 from a 20 kg. homeless person, I would beat the crap out of you.

Like I already said - you shills can create 1000 threads about what happened, but you can't change one fact: This was a 100s of millions $ fiasco.

Don't you feel sorry for the average Joe who lost money on it? Don't you think that hurts the future of cryptoworld? Some guys should be ashamed of themselves!

@adhitthana
Sounds fair.. kind of like putting words in peoples mouths.

@Spartak
I don't recall seeing you in this section much until fairly recently..
I think your attitude on this will change once you have had to suck back so much Crypto-Bullshit.
I started out with a different attitude on this stuff. 

Feeling sorry for greedy brats & idiots is tiring.. fuck 'em !
Invest in sketchy ass bullshit for chump change profits then you get what you deserve.
It's not like you all haven't been warned.

You all know better.. you just loiter around though trying to make excuses & justify this shit.
Trying to legitimize bad behavior.. which is utterly futile.

There you go:

https://twitter.com/FAILCommunity/status/761122317061672960

The common Joe doesn't want to read 1500 articles and 505 videos with explanations. The common Joe lost money, while they remained rich. Period.

Alex appears to be disingenuous .. In the second paragraph he writes.


All Alex is doing here is poisoning the well by presenting those who support ETC as being people think the DAO attacker is a liberating hero.

I didn't see anyone who claimed that the DAO attacker was a liberating hero, but I saw plenty of good arguments that Alex sidesteps

Alex also claims that is is false that Etherium Foundation members were heavily invested in the DAO, .


but then he admits that some Etherium Foundation members have not disclosed their DAO investment. So wouldn't those who have not disclosed their DAO investment be the ones most likely to have been heavily invested?

This doesn't mean they were but it means Alex cannot make the claim he makes

@morantis
Yeah we needed a topic on "Forks"
There was none already

uhhhh did you read the topic titles last few pages in this forum section ?
Half the bloody topics here are on Forks the last while hahhahah
Your name is fitting LOL

Very interesting analysis. But we have yet to see how all this plays out.

The Vericoin fork took 6 months to die so we are probably not seeing any conclusive result yet of the ETH hardfork.

Another thing you didn't mention - which for me is the pivotal criteria in this case - is the distinction between a hardfork made for the purpose of facilitating a technical improvement and one made for the express purpose of deleting history. The reason ETC survived is simple - there is a significant demand for 'authenticity' in terms of history being faithfully preserved. The fact that the Ethereum devs & HF proponents did not anticipate this is kind of ironic given the fundamental nature of the tech they are producing.

You can of course not do this unnoticed :-)  

I have the impression that you are somewhat confused about certain notions in crypto, or else I don't understand your questions.

In a certain way, you should see a coin as an object (in computer science) of which the data (attributes) is the block chain, and the software (methods) is the node/wallet software.  The methods implement a protocol (essentially what is described in a white paper) and attach to a genesis block.  There can of course be many different implementations of the protocol, but as long as they are compatible, it doesn't matter, they agree on the protocol, and they agree on the block chain.

A hard fork consists in writing a new set of methods, such that the protocol has changed, but the genesis block and the "genesis chain" (that is, the chain up to the fork) is identical.  You can say that the "genesis block" of a fork is the last common block of the original chain, but there is much more: the forked methods still accept the old protocol BEFORE the fork, and so all old addresses, with the old transaction protocol.

As such, from that point on, a new block chain is created which has, in principle, nothing to do any more with whatever happens on the prong after the split on the old chain.  Most conceptions of "hard fork" were in fact that that old prong wouldn't exist.  The surprise of the ETH/ETC split is that the old chain lived on.

In order for a chain to exist, in order for it to get new blocks, there must be miners on that chain.  One single miner is a priori sufficient, if difficulty adapts quickly enough (which is not the case on the old bitcoin protocol btw).

So as long as:
1) you have written new methods (new node software)
2) there is at least one miner building blocks on your chain

then your new currency lives on.  All people having unspend coins on the old chain are automatically in possession of the new coin too (even if they spend their coins on the continuation of the old chain after split).

I don't understand what you call "changing nothing but the merk.".  In order to have a hard fork, you have to have different, incompatible software running on the nodes (and hence on the wallets which are part of the nodes).  You can, by definition, not have a hard fork with the same node/wallet software.

People will of course notice that the node software is different.  The idea is not that this gets by unnoticed.

The ETC/ETH split was a funny split because, apart from some if statements concerning the DAO, nothing changed in fact.  But you could fork from, say, Bitcoin, and make a totally different protocol, with different mining hash functions, different rewards (for instance, no halving, or a different emission scheme).  The only thing that your software needs to implement, is all the old bitcoin protocol aspects concerning everything BEFORE the fork, and needs to implement a way of handling transactions from the old chain to new addresses (which can be totally different too if you want to).

There are miriads of possibilities that have opened up, and the concept of block chain has changed into "block graph".  If only forks occur, then what used to be block chains, will become "block trees".  But in fact, nothing stops now from MERGING old chains, and accepting old blocks from two different chains, into a new one.  That would then be a "block graph".

The linear chain has changed into a tree, and potentially even in a general graph.  

It's not interesting at all. At least what the EF did. I posted a thread about the DAO failure about a week before the "attack". In the article there is a picture of the EF dev team and there are like 20-30 people (would not open it again to count them). Mr. de Sande also said something like "we launched it too early". Come on, you can't do that with 100s of millions in funding!!! I am more than sure that they worked hard for a very long time, had the sleepless nights etc., but what do they want us to do? Clap with our hands? Who would justify that for example?:



The way I see it, people (and I mean serious people, not like the shill started this thread) who are now defending EF are doing it for the sake of cryptoworld's future. Because bashing something and spreading FUD would not reverse things - it already happened and we must move further. And do you know something else? I may be wrong, but personally I have never ever seen someone from the EF to say at least I'M SORRY.

i honestly think that most people here dove into this topic because of a general desire to think, learn and talk about the mechanics of the forking process, that makes the thread a winner in my opinion, i could care less one way or another about ETH, i hit this thread because the forking process is interesting and a big part of the future of crypto. it is like discovering something new that an old toy could do