Topic: To all people who think ether is the best thing to happen since sliced bread (Read 1774 times)

Why are they leaving the hardest part of this project to the end?  Why did they hype and pump the hell out of it and sell tokens before having the most important parts of the protocol coded?  Do they realize their vision would violate the cap theorem?

you're saying PoS is permissioned ledger?

Good point--they seem to be trying to recreate a crappy decentralized version of everything rather than focusing on the most important use cases... which already exist (Bittorrent, Tor, Bitcoin, OpenBazaar)

What type of decentralized application needs a blockchain to run on top of?  Since the EVM costs gas, does that mean free decentralized applications have no use for ethereum?

After hearing about the situation at Uber, the only dapp I liked was Arcade City, but why does it need to run on the ethereum blockchain?  It's also not really decentralized and the main forms of payment on it are credit card and paypal i think.

Good point.
I was ready to say.. so what the price doesn't matter.
But a STABLE price does !
it's going to more useful for it's intended purpose.. a currency.

Then take Ethereum..
No one knows what it is or where it's going.
We ask why do we need it ?
And we are told "use your imagination"  

What i'd like to "imagine" is using it to buy a cup of coffee.. so how soon will this happen ?

ETH supporters are the same guys that rush "Double Doors" by themselves on de_Aztec.
GO GO GO ! ..YOU take the point  



Fuckin' NOOBS ahhahahha

Go look at litecoins price over the last couple of months. Its been steady at $3. Now i actually use litecoin to buy coffee everyday so a stable price makes it easier to use as a currency. People often forget that although litecoins price has not risen it hasnt fallen either. To me a stable price indicates maturity and that is rare in the crypto scene. This is one of the reasons i remain hopeful for litecoins future, bitcoin was like this too in 2012 before it shot up.

why is it when any of the latest 'inovative' shitcoin comes along, 101 shills from it fud litecoin  i mean if litecoin is such a meaningless copy paste of bitcoin, why waste so much energy on attacking it 

LTC was launched in an effort to make mining more fair.
And it succeeded for a while too.
You need to learn History Nooby.. you are spouting off silly things that are not true.

LTC is not a clone of Bitcoin.

That is like when this moron on IRC told me in 2014 that LTC was a clone of Doge coin all mouthy like 
He was so eager to defend Doge coin but, well.. he had no way to do it so he just made up some dumb bs.
..just like these ETH Noob accounts are doing.

Funny you are the only guy i have seen even say that and you acused me of that too..

Know what ? i went and counted and of your 45 mouthy NOOB account comments
you have said that catch phrase accusing people with it 8 times !

It's odd that your are so utterly obsessed with repeating that.. care to explain ?

FAIL ..EPIC fucking FAIL !

- App's are not new.

- No the same question was not asked in the 90's because App's was not a thing yet.

- Comparison to the Internet is even more stupid that comparing ETH to Bitcoin.

- White papers are a stolen term from a regulated market with Laws and don't apply here.
  Saying that market jargon implies some legitimacy when their is none.
  What is stopping me from creating a Pyramid scheme coin and making a white paper for it ?

- He did engage his brain and asked the same question i have a couple times already.
  I think it's a great question with no real answer yet.

- Why do we need or should expect "DAPP's" to be used by the larger general masses ?

The technical response is "imagine the possibilities"

That is so bad of an answer i really hope you are embarrassed for *trying* to sound smart. (with a snotty tone)

Minecahe you have not said one thing here that is true, honest, fair or vaguely smart.
You might want to abandon your little ETH spamming Noob account here and then
log into one of your others.. or start yet ANOTHER one.

And ETH team i REALLY hope you did not hire this guy to spam here..
If you did ?
..get a refund  

I have heard guys say in crypto soooooo many times that "marketers" are more important than dev's.
How is that marketing degree workin' out for ya shill's ?

ya uhh i went too college so i can post spam / hype messages on an internet message board.. for a scam coin. ROFL

Sliced bread is a scam and is shit. You need to learn to bake your own bread, nothing beats the smell or taste of a freshly baked loaf of homemade bread. An un-sliced loaf will also keep fresh a lot longer and if you use whole wheat is probably a heck of a lot more nutritious for you. At minimum it isn't full of preservatives and you know exactly what went into it.

I cut whatever sized slice meets my needs at the moment. For a sandwich, slightly thicker slices hold up better. For breakfast toast, slightly thinner slices work well. With a bowl of soup, a rather large thick cut slice, especially from one of the ends, is perfect.

Anyway sliced bread is clearly over-rated

That would be those using ETH to steal speculators lunch money.

Others of us have more serious things to work on that could actually benefit society.

Smart contracts won't work. We've covered that in great detail in the Ethereum Paradox thread. No one has refuted this. No one. Vitalik is well aware of my challenge and has not rebutted me.

Also:

Desperate sour grapes thread no. 837627286382 (and counting)

"stability" in crypto world?Are you kidding me ?Demand is small while supply is huge,if 1 big whale decide to dump everything it'll kill the coin and it would be unlikely to recover since it has no potential because it lacks features.And yes any big dump no matter the crypto can bring it to its knees,but features/potential to develop it is what keeps them afloat,not a motto "we're silver to bitcoin's gold".That is extremely naive ,try to be smart and use logic people,costs nothing.Yes,any crypto out there is good for speculation,but thats what theyre about.99.99% have no potential to develop.
The only reason LTC price is stable and follows btc price is because of chinese mining cartels,they own both BTC and LTC thanks to asics and most likely free electricity.

Yes competition is good. Bitcoin users however stick to btc. probably because they see nothing to ETH but a scam attempt considering most of them are.  What do ETH offer by the way?

Lets say Ubuntu is bitcoin after all its the most used derivative, easy to use, newbie can just use the graphical synaptic manager to install. no command line knowledge needed and so on..

so which is eth?

I prefer stability over features yes.

Finally someone who gets it. I am tired of people saying we dont need altcoins. If bitcoin is the only coin in the future we will actually have a worse financial system than we have now, bitcoin is huge and it is entirely possible that at some point in the future miners could get greedy or bitcoin could be attacked. In a case like this people will need another coin they can transfer to. Bottom line it never hurts to have alternatives to fall back on if something goes wrong down the line.

There is a need for a number 2.

If there were several different coins with the same utility as bitcoin, we wouldn't be having a block size flamefest right now.

Like Linux distributions. If like me you like RPM, you use RHEL or SuSE or Fedora.
If you like debian packages you use Debian or Mint.
If you don't value privacy and don't mind Amazon tracking you by default you use Ubuntu (yeah yeah I hear they fixed that...)

Competition is good for the market, monopoly is not.

Bitcoin for all practical purposes has a monopoly. That's why people are fighting over who controls it. Monopolies have a lot of power.

You appreciate LTC because it was a copycat of BTC?It has no use since there is no need for number 2.As you can see,btc is a niche "currency" or "store of value" so there is no place for a second wannabe fancoin.As long as its very innovative,like eth and maybe few others,theres no room for it,we got BTC for that purpose.
Edit: so far they delivered everything they promised, so for that reason i dont think its a scam.It may not succeed (nobody know,alot of variables),but no coin there actually succeded,maybe except for btc because of first runner's advantage.

I appreciate LTC because scrypt was a novel concept with real world use.

I appreciate namecoin because it showed decentralized secure DNS is possible.

I don't hold either - LTC was too early, but the blockchain technology is still used.

The utility of namecoin security can largely be achieved with DNSSEC without needing a local blockchain.

I don't appreciate ether because I don't see any utility for it, it may be a novel idea but I'm not sure it even properly works.

Everything I imagine can be done cheaply with conventional computing power.