Why we are not seeing a native wallet for ..

swogerino

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Quote from: FP91G on March 30, 2023, 06:09:48 AM

Quote from: swogerino on March 27, 2023, 04:02:30 AM

Quote from: JayDDee on March 26, 2023, 01:36:02 PM

Quote from: swogerino on March 26, 2023, 12:59:40 PM

I meant here why people keep supporting a centralized coin against a decentralized one as it does not make sense to be in the mercy of a bunch of "people/stake validators/keepers/deciders" that decide what will be Ethereum doing in the future rather than following a decentralized coin where not a bunch of people decide anything,that was my point.

It's like sports. People start doing it primarilly for fun and exercise. If you're good it attracts money and sport becomes business.
All the other reasons for doing it become less important, it's all about the money now.

Who cares about decentralization and blockchain validation, it's about money now. That was sarcastic.

Aha OK,my bad for not getting it,I thought how come a CPU miner developer was saying these things for real Cheesy

.

Then it shows that unfortunately the ETHW team is not that serious if they have not come up with a native wallet and all what other people are saying about them becomes true to me,they lack expertise and they even called some outside firm to launch their blockchain.I assume being a prominent miner (Chandler Guo) does not make you an experienced leader to lead a team in a good project like ETHW.

If the company was serious, they would change the algorithm so that there are no ASICs and make the coin available to every home miner.
Changing the algorithm to ProgPoW is easy. I don't care about their wallet, because the profit on video cards is very small.

I don't care much about ASICS at this point as if you see in most of the pools where this coin is being mined you will see a huge difference in miners mining this coin compared to miners mining ETC.The same can be said for people who dual mine this coin with ZIL and for people who dual mine ETC with ZIL the difference is really big in numbers.For example in Ezil.me pool you will see over 20.000 miners dual mining ETC with ZIL and just over 900 miners dual mining ETHW with ZIL so ASICS are the least of my concern right now as they are not being an obstacle to me in getting a nice daily amount of ETHW.

FP91G

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Quote from: swogerino on March 27, 2023, 04:02:30 AM

Quote from: JayDDee on March 26, 2023, 01:36:02 PM

Quote from: swogerino on March 26, 2023, 12:59:40 PM

I meant here why people keep supporting a centralized coin against a decentralized one as it does not make sense to be in the mercy of a bunch of "people/stake validators/keepers/deciders" that decide what will be Ethereum doing in the future rather than following a decentralized coin where not a bunch of people decide anything,that was my point.

It's like sports. People start doing it primarilly for fun and exercise. If you're good it attracts money and sport becomes business.
All the other reasons for doing it become less important, it's all about the money now.

Who cares about decentralization and blockchain validation, it's about money now. That was sarcastic.

Aha OK,my bad for not getting it,I thought how come a CPU miner developer was saying these things for real Cheesy

.

Then it shows that unfortunately the ETHW team is not that serious if they have not come up with a native wallet and all what other people are saying about them becomes true to me,they lack expertise and they even called some outside firm to launch their blockchain.I assume being a prominent miner (Chandler Guo) does not make you an experienced leader to lead a team in a good project like ETHW.

If the company was serious, they would change the algorithm so that there are no ASICs and make the coin available to every home miner.
Changing the algorithm to ProgPoW is easy. I don't care about their wallet, because the profit on video cards is very small.

swogerino

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Quote from: JayDDee on March 26, 2023, 01:36:02 PM

Quote from: swogerino on March 26, 2023, 12:59:40 PM

I meant here why people keep supporting a centralized coin against a decentralized one as it does not make sense to be in the mercy of a bunch of "people/stake validators/keepers/deciders" that decide what will be Ethereum doing in the future rather than following a decentralized coin where not a bunch of people decide anything,that was my point.

It's like sports. People start doing it primarilly for fun and exercise. If you're good it attracts money and sport becomes business.
All the other reasons for doing it become less important, it's all about the money now.

Who cares about decentralization and blockchain validation, it's about money now. That was sarcastic.

Aha OK,my bad for not getting it,I thought how come a CPU miner developer was saying these things for real Cheesy

.

Then it shows that unfortunately the ETHW team is not that serious if they have not come up with a native wallet and all what other people are saying about them becomes true to me,they lack expertise and they even called some outside firm to launch their blockchain.I assume being a prominent miner (Chandler Guo) does not make you an experienced leader to lead a team in a good project like ETHW.

JayDDee

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Quote from: swogerino on March 26, 2023, 12:59:40 PM

I meant here why people keep supporting a centralized coin against a decentralized one as it does not make sense to be in the mercy of a bunch of "people/stake validators/keepers/deciders" that decide what will be Ethereum doing in the future rather than following a decentralized coin where not a bunch of people decide anything,that was my point.

It's like sports. People start doing it primarilly for fun and exercise. If you're good it attracts money and sport becomes business.
All the other reasons for doing it become less important, it's all about the money now.

Who cares about decentralization and blockchain validation, it's about money now. That was sarcastic.

swogerino

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Activity: 3136

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Quote from: JayDDee on March 25, 2023, 02:10:27 PM

Quote from: swogerino on March 25, 2023, 03:17:05 AM

Quote from: Bitcoin_Arena on March 24, 2023, 06:36:20 PM

Another thing is most people that came into the cryptocurrency scene especially during and after the ICO boom don't care much about decentralization unlike the crypto OGs. Most of them are just after getting rich quick, so they will bank on whatever coin/token they can.

Well,this is a big problem then,people doing what they do in normal life like grabbing whatever opportunity not caring much about how this affect other people is a big problem.
Bottom line is based on what I am reading here is that people will never change and greed always gets the best of them,such a pity.

"what they do in normal life ... is a big problem"

Was that intended to be sarcastic?

It's called capitalism. Seriously, it's the only reason there's big money in crypto.

I mean for people who try to scam people and build a fortune on the shoulders of other people say we from where I am from and I think this is everywhere in the world,capitalism is great and I love it,it gives everyone equal opportunities and it is a direct reason why the world keep going forward.

I meant here why people keep supporting a centralized coin against a decentralized one as it does not make sense to be in the mercy of a bunch of "people/stake validators/keepers/deciders" that decide what will be Ethereum doing in the future rather than following a decentralized coin where not a bunch of people decide anything,that was my point.

JayDDee

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Quote from: swogerino on March 25, 2023, 03:17:05 AM

Quote from: Bitcoin_Arena on March 24, 2023, 06:36:20 PM

Another thing is most people that came into the cryptocurrency scene especially during and after the ICO boom don't care much about decentralization unlike the crypto OGs. Most of them are just after getting rich quick, so they will bank on whatever coin/token they can.

Well,this is a big problem then,people doing what they do in normal life like grabbing whatever opportunity not caring much about how this affect other people is a big problem.
Bottom line is based on what I am reading here is that people will never change and greed always gets the best of them,such a pity.

"what they do in normal life ... is a big problem"

Was that intended to be sarcastic?

It's called capitalism. Seriously, it's the only reason there's big money in crypto.

swogerino

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Leading Crypto Sports Betting & Casino Platform

Quote from: Bitcoin_Arena on March 24, 2023, 06:36:20 PM

Quote from: swogerino on March 22, 2023, 05:28:15 PM

The big problem of ETH is centralization now,people or better validators need to have 32 ETH staked in order to validate transaction,just look at the number of wallets of ETH that have over such amount which is low compared to the majority of wallets that have less than 0.10-0.20 ETH and they are what I call now "burned" or "eliminated" wallet as they don't win anything.Now who guarantees me that a bunch of people do not buy so much ETH that they stake a lot of such 32 ETH or much more as you know,the people having more ETH staked means they have higher chances to be called and come and validate transactions,now tell me if this is not centralization please tell me what is and how such a project can be a threat to Bitcoin which is years of light ahead in decentralization?

Obviously with the current set up, Ethereum is highly centralized and yes Bitcoin still remains the king, but I was just comparing Ethereum to other altcoins. It's way too popular than most of them.

Another thing is most people that came into the cryptocurrency scene especially during and after the ICO boom don't care much about decentralization unlike the crypto OGs. Most of them are just after getting rich quick, so they will bank on whatever coin/token they can.

It's why centralized shitcoins like Ripple were at one point even second in terms of marketcap. If so many people really cared about some degree of decentralization (POW) vs centralization (POS). The likes of Litecoin, Monero, Ethereum Classic would be somewhere close to Bitcoin and not shitcoins like BNB.

Well,this is a big problem then,people doing what they do in normal life like grabbing whatever opportunity not caring much about how this affect other people is a big problem.Litecoin is still doing great with Monero and even Ethereum Classic at some point so I am not worried for them,my main point was how come people that have been like myself for years in the crypto can jump on and support a centralized coin like ETH is now while we were all amazed by Bitcoin when it first came out as that decentralization of Bitcoin was key point?

Bottom line is based on what I am reading here is that people will never change and greed always gets the best of them,such a pity.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Quote from: swogerino on March 22, 2023, 05:28:15 PM

The big problem of ETH is centralization now,people or better validators need to have 32 ETH staked in order to validate transaction,just look at the number of wallets of ETH that have over such amount which is low compared to the majority of wallets that have less than 0.10-0.20 ETH and they are what I call now "burned" or "eliminated" wallet as they don't win anything.Now who guarantees me that a bunch of people do not buy so much ETH that they stake a lot of such 32 ETH or much more as you know,the people having more ETH staked means they have higher chances to be called and come and validate transactions,now tell me if this is not centralization please tell me what is and how such a project can be a threat to Bitcoin which is years of light ahead in decentralization?

Obviously with the current set up, Ethereum is highly centralized and yes Bitcoin still remains the king, but I was just comparing Ethereum to other altcoins. It's way too popular than most of them.

Another thing is most people that came into the cryptocurrency scene especially during and after the ICO boom don't care much about decentralization unlike the crypto OGs. Most of them are just after getting rich quick, so they will bank on whatever coin/token they can.

It's why centralized shitcoins like Ripple were at one point even second in terms of marketcap. If so many people really cared about some degree of decentralization (POW) vs centralization (POS). The likes of Litecoin, Monero, Ethereum Classic would be somewhere close to Bitcoin and not shitcoins like BNB.

swogerino

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Quote from: Bitcoin_Arena on March 21, 2023, 06:36:25 PM

Ethereum was and is popular just popular because of the nature of it's smart contracts platform, which was there just in time for the ICO boom. It was never about the miners. It was about the numbers (projects and people using the network and deploying the smart contracts).

Notice how so many copycat Ethereum Killers came up and tried to dethrone Ethereum but failed horribly?

The big problem of ETH is centralization now,people or better validators need to have 32 ETH staked in order to validate transaction,just look at the number of wallets of ETH that have over such amount which is low compared to the majority of wallets that have less than 0.10-0.20 ETH and they are what I call now "burned" or "eliminated" wallet as they don't win anything.Now who guarantees me that a bunch of people do not buy so much ETH that they stake a lot of such 32 ETH or much more as you know,the people having more ETH staked means they have higher chances to be called and come and validate transactions,now tell me if this is not centralization please tell me what is and how such a project can be a threat to Bitcoin which is years of light ahead in decentralization?

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Quote from: swogerino on March 19, 2023, 05:48:00 PM

Does not mean that it will not die.Name a PoS coin which had a great success.

Success in terms of what, though? CoinMarketCap rank, usage?

I think it depends on the perspective we are looking at this. Some people will try to convince you that Cardano or BNB have been a success Grin

Quote from: swogerino on March 19, 2023, 05:48:00 PM

The reason why ETH is still popular is that there are a lot of people with a lot of such coin that they had from mining from many years and never sold it,they are now the ones who validate the transactions through PoS and once these guys get fed up with the empty promises of Butekin I am confident we will finally see the ETH demise,ETH was so popular just because of mining for most part,despite offering a platform where to build DeFi apps and alikes,now no one cares except these guys.

Ethereum was and is popular just popular because of the nature of it's smart contracts platform, which was there just in time for the ICO boom. It was never about the miners. It was about the numbers (projects and people using the network and deploying the smart contracts).

Notice how so many copycat Ethereum Killers came up and tried to dethrone Ethereum but failed horribly?

suzanne5223

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https://bitcointalksearch.org/topic/why-we-are-not-seeing-a-native-wallet-for-5445134

Quote from: swogerino on March 19, 2023, 05:48:00 PM

Does not mean that it will not die.Name a PoS coin which had a great success.The reason why ETH is still popular is that there are a lot of people with a lot of such coin that they had from mining from many years and never sold it,they are now the ones who validate the transactions through PoS and once these guys get fed up with the empty promises of Butekin I am confident we will finally see the ETH demise,ETH was so popular just because of mining for most part,despite offering a platform where to build DeFi apps and alikes,now no one cares except these guys.

If some POS later quench or don't have great success it is because of the enthusiasm the cryptocurrency have in the project and if we do the calculation well ETH was one of the altcoins in the market that almost all crypto investors strongly believe. Do you know why?
It is because they brought something new into the crypto market when it was launched. This and the project dev team's enthusiasm in the project development is what 90% of all crypto investors focused on.

JayDDee

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Quote from: swogerino on March 19, 2023, 05:48:00 PM

Does not mean that it will not die.Name a PoS coin which had a great success.

You could ask that question about any coin. There are a few POS in the top market cap.

After BTC and ETH there are a few moderately successful coins like LTC, DASH, but almost all are on a steady
long term decline compared with either BTC or ETH. ETH is the only real challenger to BTC's dominance and it's POS.
The BTC clones slowly faded, The ETH clones are doing the same. Previously dominant POW coins are barely in
the top 100 now. New challengers like ZCASH and ZCOIN, that apeared with much hype and marketing have fizzled.

They may not be dead but they are not thriving either.

But again I stress POW is not the main factor in determining a coin's potential for success.

swogerino

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Quote from: JayDDee on March 18, 2023, 04:38:51 PM

Quote from: suzanne5223 on March 18, 2023, 03:50:17 PM

Quote from: ANSEL_2.0 on March 18, 2023, 06:14:40 AM

Quote from: JayDDee on March 17, 2023, 09:20:27 PM

Quote from: suzanne5223 on March 17, 2023, 07:58:57 PM

Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Yes, it's only miners that hate it because it can't be mined anymore. A bit of a reality check on the importance of mining to the success of a coin.

It's not as if all miners hate Ethereum, I am a ETH miner too and I switched to other coins when ETH changed their algorithm to Proof of Stake, I never hated Ethereum because of this, miners saw it coming as this news have been spreading over for the past years, so Ethereum devs did very well to have given enough time to miners.

You are right, not all ETH miners hate the decision made by Vitalik and for the record, the decision ought to be made a long time ago before the ETH2.0 was delayed.
Despite all the storyline behind ETH's switch to POS some miners won't like the decision because it's giving a taste of something they don't like.

I never said all. But miners were most affected so miners were most against it. The point was miners' inflated sense of importance and effect on the success of ETH.
There were threats/predictions it would crash and die without miners. Never happened.

Does not mean that it will not die.Name a PoS coin which had a great success.The reason why ETH is still popular is that there are a lot of people with a lot of such coin that they had from mining from many years and never sold it,they are now the ones who validate the transactions through PoS and once these guys get fed up with the empty promises of Butekin I am confident we will finally see the ETH demise,ETH was so popular just because of mining for most part,despite offering a platform where to build DeFi apps and alikes,now no one cares except these guys.

JayDDee

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Quote from: suzanne5223 on March 18, 2023, 03:50:17 PM

Quote from: ANSEL_2.0 on March 18, 2023, 06:14:40 AM

Quote from: JayDDee on March 17, 2023, 09:20:27 PM

Quote from: suzanne5223 on March 17, 2023, 07:58:57 PM

Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Yes, it's only miners that hate it because it can't be mined anymore. A bit of a reality check on the importance of mining to the success of a coin.

It's not as if all miners hate Ethereum, I am a ETH miner too and I switched to other coins when ETH changed their algorithm to Proof of Stake, I never hated Ethereum because of this, miners saw it coming as this news have been spreading over for the past years, so Ethereum devs did very well to have given enough time to miners.

You are right, not all ETH miners hate the decision made by Vitalik and for the record, the decision ought to be made a long time ago before the ETH2.0 was delayed.
Despite all the storyline behind ETH's switch to POS some miners won't like the decision because it's giving a taste of something they don't like.

I never said all. But miners were most affected so miners were most against it. The point was miners' inflated sense of importance and effect on the success of ETH.
There were threats/predictions it would crash and die without miners. Never happened.

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Quote from: ANSEL_2.0 on March 18, 2023, 06:14:40 AM

Quote from: JayDDee on March 17, 2023, 09:20:27 PM

Quote from: suzanne5223 on March 17, 2023, 07:58:57 PM

Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Yes, it's only miners that hate it because it can't be mined anymore. A bit of a reality check on the importance of mining to the success of a coin.

It's not as if all miners hate Ethereum, I am a ETH miner too and I switched to other coins when ETH changed their algorithm to Proof of Stake, I never hated Ethereum because of this, miners saw it coming as this news have been spreading over for the past years, so Ethereum devs did very well to have given enough time to miners.

You are right, not all ETH miners hate the decision made by Vitalik and for the record, the decision ought to be made a long time ago before the ETH2.0 was delayed.
Despite all the storyline behind ETH's switch to POS some miners won't like the decision because it's giving a taste of something they don't like.

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Quote from: JayDDee on March 17, 2023, 09:20:27 PM

Quote from: suzanne5223 on March 17, 2023, 07:58:57 PM

Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Yes, it's only miners that hate it because it can't be mined anymore. A bit of a reality check on the importance of mining to the success of a coin.

It's not as if all miners hate Ethereum, I am a ETH miner too and I switched to other coins when ETH changed their algorithm to Proof of Stake, I never hated Ethereum because of this, miners saw it coming as this news have been spreading over for the past years, so Ethereum devs did very well to have given enough time to miners.

JayDDee

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Quote from: suzanne5223 on March 17, 2023, 07:58:57 PM

Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Yes, it's only miners that hate it because it can't be mined anymore. A bit of a reality check on the importance of mining to the success of a coin.

suzanne5223

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Guys don't be deceived by some naive cryptocurrency enthusiasts whose purpose was just the seize the opportunity of the market situation for their own selfish benefit.
The reason why you haven't seen any serious developer to build the native wallet for the hard fork of Ethereum is that there's genuine intention in the coin right from the beginning.
Have you ever noticed that despite the silly move and decision made by Vitalik people still like Ethereum?

Bitcoin_Arena

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Quote from: Pterosaur on March 17, 2023, 06:09:18 AM

it's good to see a member talking about Eth Pow, it seems like the world have forgotten about the project already,

Most people are into crypto to just make money... it's the bitter truth, so people will always flood to where they think they will make money quick. So probably most of them are not yet convinced about ETHW

Quote from: FP91G on March 17, 2023, 09:24:49 AM

How much does it cost to list a coin on the Binance exchange? Probably the projects don't have that much money.

Binance claimed somewhere that they list some projects for free if they pass their strict criteria

JayDDee

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A managed project would be expected to provide their own full node wallet from day one.
A community driven project relies on the community for such things.

Topic: Why we are not seeing a native wallet for .. (Read 263 times)