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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: benthach on August 15, 2015, 12:16:38 AM



Title: is ETH centralized or decentralized?
Post by: benthach on August 15, 2015, 12:16:38 AM
now come to my other question, is ethoream centralized or decentralized? decentralized mean everything is pack/store into a blockchain and wallet, if the data was to store somewhere else then this meant it's centralized. also the ETH app(dapp) centralized or decentralized?
can someone answer me a bit. i still don't understand much about this. thanks


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 15, 2015, 07:45:05 AM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.


Title: Re: is ETH centralized or decentralized?
Post by: KhalDrago on August 15, 2015, 01:15:37 PM
It's not your business since according to your signature you are only into old coins..which 99.9% of them are just a btc copy and won't go anywhere.


Title: Re: is ETH centralized or decentralized?
Post by: K210 on August 15, 2015, 04:29:45 PM
It's not your business since according to your signature you are only into old coins..which 99.9% of them are just a btc copy and won't go anywhere.

Funny its how the "old coins" which have the largest marketcaps and highest prices. 95% of the coins created after 2013 are shit. Back in 2011 - 2013 there were a lot less scam coins now almost every coins is a scam/useless/pump and dump coin.


Title: Re: is ETH centralized or decentralized?
Post by: K210 on August 15, 2015, 04:32:09 PM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.   


Title: Re: is ETH centralized or decentralized?
Post by: Za1n on August 15, 2015, 06:03:19 PM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.  


This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association.

The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/.

This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum.

I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDF

I search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom:

Quote
15
“A Next-Generation Smart Contract and Decentralized Application Platform.” GitHub:
ethereum/wiki.
https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper
.
Accessed on August 29, 2014

So I look through the pdf to find the referenced quote and I find this:

Quote
Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.

The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.

While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15

In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).

I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page.

Well long story short, call me a bit underwhelmed by this support by IBM.

Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 16, 2015, 04:07:30 PM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.  


This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association.

The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/.

This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum.

I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDF

I search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom:

Quote
15
“A Next-Generation Smart Contract and Decentralized Application Platform.” GitHub:
ethereum/wiki.
https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper
.
Accessed on August 29, 2014

So I look through the pdf to find the referenced quote and I find this:

Quote
Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.

The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.

While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15

In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).

I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page.

Well long story short, call me a bit underwhelmed by this support by IBM.

Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims.

https://www.theprotocol.tv/adept-demo-ibm-samsung/
here is ibm adept video, they talk about bitcoin, bittorent and ethoream. i don't see any ethoream in action in this video, i believed none of the demo in this video is using any ethoream coding. people would need to pay ethoream to use washer machine and to use remote control which can achieve with a simple java coding. i see this is probably the reason why the head of ibm adept is already gone. at this point ethoream is just pure HYPE. eth is basically still a vaporware at this point and it would take years before they can prove anything.


Title: Re: is ETH centralized or decentralized?
Post by: Za1n on August 16, 2015, 04:23:17 PM
https://www.theprotocol.tv/adept-demo-ibm-samsung/
here is ibm adept video, they talk about bitcoin, bittorent and ethoream. i don't see any ethoream in action in this video, i believed none of the demo in this video is using any ethoream coding. people would need to pay ethoream to use washer machine and to use remote control which can achieve with a simple java coding. i see this is probably the reason why the head of ibm adept is already gone. at this point ethoream is just pure HYPE. eth is basically still a vaporware at this point and it would take years before they can prove anything.

Thanks. I watched the video and found much the same as in the articles, just a passing reference to Ethereum mainly used as illustrative examples, not warranting the hype coming from some in the ETH community.


Title: Re: is ETH centralized or decentralized?
Post by: fartbags on August 17, 2015, 11:09:47 PM



decentralized! It's just like bitcoin but new and improved.




Title: Re: is ETH centralized or decentralized?
Post by: altcoinUK on August 17, 2015, 11:34:47 PM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.  


This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association.

The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/.

This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum.

I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDF

I search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom:

Quote
15
“A Next-Generation Smart Contract and Decentralized Application Platform.” GitHub:
ethereum/wiki.
https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper
.
Accessed on August 29, 2014

So I look through the pdf to find the referenced quote and I find this:

Quote
Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.

The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.

While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15

In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).

I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page.

Well long story short, call me a bit underwhelmed by this support by IBM.

Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims.

No, you are not missing anything, you are absolutely right. We discuss this in more details at https://bitcointalk.org/index.php?topic=854280.msg12155725#msg12155725

That conversation refers to the same draft that you have quoted.




Title: Re: is ETH centralized or decentralized?
Post by: Dire on August 18, 2015, 04:53:40 AM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.  


This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association.

The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/.

This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum.

I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDF

I search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom:

Quote
15
“A Next-Generation Smart Contract and Decentralized Application Platform.” GitHub:
ethereum/wiki.
https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper
.
Accessed on August 29, 2014

So I look through the pdf to find the referenced quote and I find this:

Quote
Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.

The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.

While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15

In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).

I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page.

Well long story short, call me a bit underwhelmed by this support by IBM.

Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims.

https://www.theprotocol.tv/adept-demo-ibm-samsung/
here is ibm adept video, they talk about bitcoin, bittorent and ethoream. i don't see any ethoream in action in this video, i believed none of the demo in this video is using any ethoream coding. people would need to pay ethoream to use washer machine and to use remote control which can achieve with a simple java coding. i see this is probably the reason why the head of ibm adept is already gone. at this point ethoream is just pure HYPE. eth is basically still a vaporware at this point and it would take years before they can prove anything.

Nice research. I agree with you, once you start trying to find out hard facts about Ethereum, they kind of disappear into the... well, ether. It's the nature of the beast I suppose.

Either that or you'll read contradictory points with no one laying down hard rules/plans.

I really want to like Ether, but at the moment it's a bit too ethereal for my liking.


Title: Re: is ETH centralized or decentralized?
Post by: fartbags on August 18, 2015, 05:11:29 AM
is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.

i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.

Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion.  


This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association.

The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/.

This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum.

I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDF

I search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom:

Quote
15
“A Next-Generation Smart Contract and Decentralized Application Platform.” GitHub:
ethereum/wiki.
https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper
.
Accessed on August 29, 2014

So I look through the pdf to find the referenced quote and I find this:

Quote
Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.

The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.

While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15

In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).

I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page.

Well long story short, call me a bit underwhelmed by this support by IBM.

Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims.

https://www.theprotocol.tv/adept-demo-ibm-samsung/
here is ibm adept video, they talk about bitcoin, bittorent and ethoream. i don't see any ethoream in action in this video, i believed none of the demo in this video is using any ethoream coding. people would need to pay ethoream to use washer machine and to use remote control which can achieve with a simple java coding. i see this is probably the reason why the head of ibm adept is already gone. at this point ethoream is just pure HYPE. eth is basically still a vaporware at this point and it would take years before they can prove anything.

Nice research. I agree with you, once you start trying to find out hard facts about Ethereum, they kind of disappear into the... well, ether. It's the nature of the beast I suppose.

Either that or you'll read contradictory points with no one laying down hard rules/plans.

I really want to like Ether, but at the moment it's a bit too ethereal for my liking.



I'm researching Ethereum clones. It looks like there will be some out soon. Ethereum tech is way better than bitcoin tech.




Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 09:28:14 AM
Ethereum is more decentralised after 2 weeks than Bitcoin was after 2 years.

The FUD I have had to read while enjoying my 5 day ban has been bad for my blood pressure. I want to reach through the screen and grab benthach by his scrawny little neck and just squeeze until his eyes roll back in his head.


Title: Re: is ETH centralized or decentralized?
Post by: dukeneptun on August 18, 2015, 09:32:11 AM
Who said Ethereum is decentralized? I've never seen somebody say that. It's a pump & dump project which is running by 18 year old kid.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 09:35:14 AM
Who said Ethereum is decentralized? I've never seen somebody say that. It's a pump & dump project which is running by 18 year old kid.

It is more decentralised than any other altcoin after Bitcoin and litecoin.  There are more and more miner mining Ethereum. 

Vitalik buterin may be a 20 year old but his brain is obviously worth a million of your shitty scamcoin promoters brains.


Title: Re: is ETH centralized or decentralized?
Post by: dukeneptun on August 18, 2015, 09:37:27 AM
It is more decentralised than any other altcoin after Bitcoin and litecoin.  There are more and more miner mining Ethereum. 

Vitalik buterin may be a 20 year old but his brain is obviously worth a million of your shitty scamcoin promoters brains.

First of all you can't mine Ethereum.
Secondly who's shitty scamcoin promoter here? I think it's you because you try to promote a scam coin. I only support Bitcoin. All other coins are just for pump & dump.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 09:45:29 AM
It is more decentralised than any other altcoin after Bitcoin and litecoin.  There are more and more miner mining Ethereum. 

Vitalik buterin may be a 20 year old but his brain is obviously worth a million of your shitty scamcoin promoters brains.

First of all you can't mine Ethereum.
Secondly who's shitty scamcoin promoter here? I think it's you because you try to promote a scam coin. I only support Bitcoin. All other coins are just for pump & dump.

You CAN mine ether.  There are thousands doing so.  Go away and do some research you ill informed FUDster.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 18, 2015, 12:39:59 PM
Ethereum is more decentralised after 2 weeks than Bitcoin was after 2 years.

The FUD I have had to read while enjoying my 5 day ban has been bad for my blood pressure. I want to reach through the screen and grab benthach by his scrawny little neck and just squeeze until his eyes roll back in his head.

eth is more decentralized after 2 weeks because no one can really use it, it's just decentralized in your head. eth is still a vaporware with centralized command line and will stay like this for many more years before they can prove anything, by then the devs(scammers) and everyone is moving on, which already happened. the price will drift to nothing, your last chance of getting rich with crypto will reduced to nothing.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 01:17:59 PM
Ethereum is more decentralised after 2 weeks than Bitcoin was after 2 years.

The FUD I have had to read while enjoying my 5 day ban has been bad for my blood pressure. I want to reach through the screen and grab benthach by his scrawny little neck and just squeeze until his eyes roll back in his head.

eth is more decentralized after 2 weeks because no one can really use it, it's just decentralized in your head. eth is still a vaporware with centralized command line and will stay like this for many more years before they can prove anything, by then the devs(scammers) and everyone is moving on, which already happened. the price will drift to nothing, your last chance of getting rich with crypto will reduced to nothing.

After reading this post I don't actually think you even know how computers work.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 18, 2015, 02:33:47 PM
Ethereum is more decentralised after 2 weeks than Bitcoin was after 2 years.

The FUD I have had to read while enjoying my 5 day ban has been bad for my blood pressure. I want to reach through the screen and grab benthach by his scrawny little neck and just squeeze until his eyes roll back in his head.

eth is more decentralized after 2 weeks because no one can really use it, it's just decentralized in your head. eth is still a vaporware with centralized command line and will stay like this for many more years before they can prove anything, by then the devs(scammers) and everyone is moving on, which already happened. the price will drift to nothing, your last chance of getting rich with crypto will reduced to nothing.

After reading this post I don't actually think you even know how computers work.

at this point eth can't be use for anything beside trading and speculation


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 03:07:48 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong


Title: Re: is ETH centralized or decentralized?
Post by: Dire on August 18, 2015, 03:33:52 PM
Ethereum is more decentralised after 2 weeks than Bitcoin was after 2 years.

The FUD I have had to read while enjoying my 5 day ban has been bad for my blood pressure. I want to reach through the screen and grab benthach by his scrawny little neck and just squeeze until his eyes roll back in his head.

eth is more decentralized after 2 weeks because no one can really use it, it's just decentralized in your head. eth is still a vaporware with centralized command line and will stay like this for many more years before they can prove anything, by then the devs(scammers) and everyone is moving on, which already happened. the price will drift to nothing, your last chance of getting rich with crypto will reduced to nothing.

After reading this post I don't actually think you even know how computers work.

at this point eth can't be use for anything beside trading and speculation

This is not strictly true.

Today I  incentivised my gf to go make me a cup of tea when she couldn't be bothered to do so.

I gave her 1 Ether.

I admit I couldn't actually send it to her as getting another Ethereum wallet is too much of a headache at the moment, so I had to write down an IOU on paper... you could call it a paper wallet I suppose.

This is the Bitcoin-pizza moment for Ethereum, but with a cup of tea, and minus the actual on chain transaction.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 03:47:48 PM
Will that turn into the most expensive cup of tea you ever bought? Time will tell.


Title: Re: is ETH centralized or decentralized?
Post by: Dire on August 18, 2015, 03:55:48 PM
Will that turn into the most expensive cup of tea you ever bought? Time will tell.

I don't know if it'll be the most expensive, but it was certainly the worst cup of tea I've ever bought. She always puts too much milk in.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 18, 2015, 05:24:00 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong

is the DAPPS centralized or decentralized? please point me to one dapps if you think it is decentralized.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 06:44:36 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong

is the DAPPS centralized or decentralized? please point me to one dapps if you think it is decentralized.

The terms of the question you're asking are too general to make sense.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 18, 2015, 07:09:12 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong

is the DAPPS centralized or decentralized? please point me to one dapps if you think it is decentralized.

The terms of the question you're asking are too general to make sense.

it's a simple question and answer. you only pick one and give me the link info.


Title: Re: is ETH centralized or decentralized?
Post by: monsterer on August 18, 2015, 07:10:13 PM
Redo from start


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 10:54:58 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong

is the DAPPS centralized or decentralized? please point me to one dapps if you think it is decentralized.

The terms of the question you're asking are too general to make sense.

it's a simple question and answer. you only pick one and give me the link info.

DAPPS stand for "distributed applications".  You're asking me if DAPPs are decentralised or centralised.  The answer is, they are neither.  The DAPPS run on the network.  The network is decentralised (no single point of failiure) so the Dapps that run on the decentralised network are by definition not subject to a single point of failiure and are this decentralised.   Yes all of the apps that run on the Ethereum network are decentralised in that sense but a DAPP can be installed on a single device making it not decentralised.   Your question doesn't make sense do you see now you fucking retard?


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 18, 2015, 11:16:06 PM
No, there are already DAPPS running on the network.  You can also use the Ethereum network to create any Dapps you want RIGHT NOW. So you are wrong

is the DAPPS centralized or decentralized? please point me to one dapps if you think it is decentralized.

The terms of the question you're asking are too general to make sense.

it's a simple question and answer. you only pick one and give me the link info.

DAPPS stand for "distributed applications".  You're asking me if DAPPs are decentralised or centralised.  The answer is, they are neither.  The DAPPS run on the network.  The network is decentralised (no single point of failiure) so the Dapps that run on the decentralised network are by definition not subject to a single point of failiure and are this decentralised.   Yes all of the apps that run on the Ethereum network are decentralised in that sense but a DAPP can be installed on a single device making it not decentralised.   Your question doesn't make sense do you see now you fucking retard?

that is the point, DAPPS is not decentralized. it's like bitcoin with a slap of third party add-on. i see no point for hype in this eth crap.
bitcoin is decentralized, eth is decentralized. bitcoin third party add-on is centralized, dapps is centralized. the purpose for eth is hype and scam.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 18, 2015, 11:27:32 PM
No you fucking idiot. The dapps that run on ETHEREUM by running on a decentralised network they will be decentralised.  The point of the blockchain is you will be able to publicly audit what that app does, something that is lacking completely from bitcoi blockchain and its sidechains.

As long as the network remains decentralised just like Bitcoin, the apps that run on it will be decentralised.

The whole reason the devs are working on Ethereum is to leverage the power of decentralisation that the network allows for.

 and I believe that vitalik takes decentralisation very seriously. Someone that autistic isn't capable of scamming anyone, he's like the biggest Bitcoin geek in the world.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 19, 2015, 12:56:22 AM
No you fucking idiot. The dapps that run on ETHEREUM by running on a decentralised network they will be decentralised.  The point of the blockchain is you will be able to publicly audit what that app does, something that is lacking completely from bitcoi blockchain and its sidechains.

As long as the network remains decentralised just like Bitcoin, the apps that run on it will be decentralised.

The whole reason the devs are working on Ethereum is to leverage the power of decentralisation that the network allows for.

 and I believe that vitalik takes decentralisation very seriously. Someone that autistic isn't capable of scamming anyone, he's like the biggest Bitcoin geek in the world.

this is fucking wasting time, it's repeat again and again and again and again and again just like other shitcoins which i have revealed of their scam with ton of promises. i will be waiting a few more years or even decade before they have a working wallet and prove it is work. it's hard to talk with a bagholder. happy bagholding.


Title: Re: is ETH centralized or decentralized?
Post by: stoat on August 19, 2015, 12:59:16 AM
Don't try and pretend you won this argument. You haven't proved shit.  You're just hiding behind your broken English "me no understand" bullshit.   Go and learn how to construct a question.


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 19, 2015, 01:06:16 AM
Don't try and pretend you won this argument. You haven't proved shit.  You're just hiding behind your broken English "me no understand" bullshit.   Go and learn how to construct a question.

now prove this scam eth is working. at this point eth is just a scam with no wallet, vaporware!
it's not working so no wallet and this is the point. if say the wallet is out but none of their shit promises working then it is considered dead on arrival DOA!!!!!!!!!... they're going to drag this on and on and on... command line!!! valatick only coding this application for scientist only? LOL

you mental hard head bagholder moron still don't get the point.
where is the wallet? all i need is eth to proved it's working with decentralized wallet. all the shit scam terms, buggy, bulky crap going to take decade to pack into a simple wallet, if it's even work. at best it's a 1tb wallet only scientist and developed world people can use it. adoption=none, ibm adept=no longer exist, i guessed they're rush into this scam too fast before understand the scam technological terms. haha


Title: Re: is ETH centralized or decentralized?
Post by: benthach on August 19, 2015, 01:41:58 AM
bulky, crappy, buggy, shitty terms pack into a simple decentralized wallet? not possible. not possible = vaporware.
command line only please --- LOL

bye see you again when eth is at 0.000000001
me no time