Bitcoin Forum

vn

I think Ethereum platform is pretty much complete.  Homestead is released in a week or so. 

They are still in a good position, as many people see ETH as some sort of Holy Grail of the cryptocurrencies what will instantly lift everything to the next level. So the ETH crew needs only small developments and keep communicating to keep prices in a good (or at least acceptable) range.

And what do you want ?

Buterin is bash scripter, who use his Bitcoin magazine to promote his IPO.
It happens that he is a genius salesman, sells like crazy.
He used collected funds to hire a C++ dev to code some of his ideas.
Flys around the word, sells.
Now the money is gone. People is gone. No exponential grow in Dapps.

Thus, I predict a slow decline in price during 2016 year. It may be a short splash cause of Buterin skills to sell a chunk of Eth some guys with big ears for USD.

The market does not seem to react to this bad news. Instead, the price of ETH is stable and is increasing slightly. The news is old and many people from ICO already cashout out earlier.

Can anyone answer for me a basic technical question about Ethereum.

We know that every program has to be verified by every full mining node. So how do all these mining nodes get paid ether gas to pay for their costs of verification  ???

For me that was always the critical flaw that Ethereum didn't solve. Did they solve it? How?

You have pointed out no critical flaw.  Just a vague fud in ethereums general direction.   Literally waiting for one of your 10000 word replies. Nutbar.

This is a serious technical issue. Ethereum will not function correctly because of it. Watch what happens when it scales. Mark my word. Unless of course, they solved this issue. Which is why I asked. Does anyone know the answer?

I would appreciate an answer.

I tried to find the information at their wikis but it is not easy to locate. I might spend more time on it later, if no one is capable of answering. Amazing you invest in shit you don't even understand.

Someone could write any glamorous feature fluff, and you'd bite. Sad.

I must admit, I love your style.

You literally failed to explain what The actual problem is.

"Mark my words". Lol  youre losing it mate.

Because your technical understand is nil perhaps. I did explain the problem.

Let me explain it again for you.

Every miner has to verify every (programmable block chain) program that is run. This is the same as in Bitcoin every miner has to verify every transaction. No miner can accept a block until it has verified everything in the block.

The problem with a programmable block chain is that programs consume resources. Thus Ethereum invented the concept of gas or paying ethereum to run each script. But the problem is which miner receives this gas? Only the miner who announced the block solution? So then how are the other miners paid to verify the block solution since they also have to run the programs to verify to make sure that no node is lying. This is a fundamental requirement of trustless decentralization.

I am asking did they ever find a solution to that? That was the fundamental reason I said Ethereum can never succeed.

Okay go hide under a rock now idiot. And next time be a little bit more respectful.

Doesn't that simply mean it is a lottery like Bitcoin, all the miners compete to get the pay because the time they do win it pays for all the failed attempts?

Surely like Bitcoin only as much mining power will tend to be applied as the payouts generally tend to cover on the average?

-MarkM-

But but the amount of gas is consistent system wide. How will that work such that the profitability is market adjusted and not a centralized action? Otherwise you can't be sure your script will run because you don't know which miner will win the block. Any way, I just want someone to explain to me what their current design is, so I can analyze it.

They were in research before and changing designs so much I stopped tracking them.

Bitcoin doesn't have this problem because TX/s rate is so low and block reward is the majority of the reward. Once TX/s goes high, Bitcoin will also break because of this.

So is ethereum pretty much dead now? Ive been hearing about it for ages now in the altcoin market and everone seems to rave about how its the next best thing yet its probably the only one ive never gone near.

Its a solved problem obviously since everything is running just fine.  Your attempt at fud was pretty poor. 

The real question is why are you so butthurt about ethereum? Is it because they actually achieved something while all you seem to do is post on this forum.

Fudding hard i see,  move on nothing to see here.

Obviously. Just like Mt Gox was running fine. Your technical acumen is 0.

I am not investing in any altcoins. Yeah my butt hurts from sitting too long in my chair displaying real technical acumen.

I am the decider.

I don't need Junior members telling me what i should read..

His comment was fair and accurate by the way.
If you KNEW why didn't you answer his question ?
bad answers ?

Crying FUD ?

ETH must be legit then  ::)

well. i klicked on this link and found a lead:


now please tell me where the article is?

thanks.

The market price has gone up in dollar terms recently. It seems that news does not affect the price negatively.

The ravings of a loon.

I have enough technical accumen to know that you don't know as much as you're trying to make out you do.

Why dont you just carry on with what you're doing instead of attempting to Fud down other peoples work.

Same here, the link didn't work for me.

Oh really. Copious evidence of that I see. Why don't we have a live technical discussion on video my friend? hahaha

The chicken clucking of a shit spouting NOOB account..

Be quiet Hero accounts here are giving valuable opinions.

Oh look some snotty unknown nobody account with 4 posts insulted Spoetnik..

Translation =

SHIT XYZ is super duper mega Altcorn ScamWOW Fantastical !!

Laaaaaaaaaaaaaaambo's !

Moooooooooooooooooooooooooooon !

i only could read a paragraph that leads also links a twitter post


https://twitter.com/ethereumproject/status/686518912297635841?ref_src=twsrc%5Etfw

Probably good for you it didn't as Symantec Network Threat Protection reported this for the site:
http://www.symantec.com/security_response/attacksignatures/detail.jsp?asid=28821

ETH volume and price goin UP UP UP ....get ur ETH on exchanges now!!

High volume and price is the worst time to buy in though, you want to wiggle yourself in at low points, not high ones.

yeah thats right. i won't buy more. and if the price really is going up, then i have enough coins. lets see what will happen.

BTC price is stable so attention is back on alts.

time so sell some bags and afterwords concentrate on only a few coins.

My guess is ETH will follow the market trend of going up and then back down to 1 USD or so, if it went below that the low would prolly be 70 cents or something.

Huge buzzes are always the worst time to go in, generally.

He quit working on Ethereum to develop a project on Ethereum.  It's gonna be awesome.

https://i.imgur.com/frhqOeX.jpg

It's nothing really.  It's the usual fud that goes around here.

true. the scam by this homeless butterinse guy is done, we can see this is the last hype scam dumping, there are like a few rounds of 300btc dumping on polo yesterday. dumbs morons just never get it. this uptrend was manipulating by whale/s so they can dumps. no merchant in their right mind would take etheriuom, as you can see it have no adoption

Lol. The imagery is comic (think Mad magazine and Vitalik's big head and skinny body)

(not saying it is factual. Apologies for replying to the troll, but humor counts for something in my world)

I dont believe it, Ethereum would have run dry soon had the price of btc not doubled but now its a diferent story.

Oh. Is Eth at the "community takeover" phase already? It had a pretty good run ... I'll say that.

https://blog.ethereum.org/2015/09/28/the-evolution-of-ethereum/

Here a link for a new ether faucet that pays out weekly and you can claim every 10 minutes

http://www.etherfaucet.org/?r=50 (http://www.etherfaucet.org/?r=50)

So $0.30 a week if doing this 8 hours a day. That isn't even better than slavery in the poorest countries in the world.

Free bitcoin used to give out 10btc per hour claim  :P

Oic so you are marketing it to investors who don't have 30 cents.

Seems the only who will actually use this faucet will those who can figure out how to game it.

There is nothing wrong with FUD in of itself.. your infering some cliche'd shitcoin retort as though it means something..

All i see on that is NEWS.

Crying FUD ?

A dev leaving a project could very well warrant Fear, Uncertainty and Doubt.
Who should it -NOT- ?

Anyone in crypto that cries FUD is a fucking idiot.

period .

Try seeing the context of things as well as seeing clearly what your actually looking at.

tokeweed i have watched you zip around here being a cheerleader for ETH
which is fine but please do post intelligent comments i know you are capable of rather than FUD babble.

Bitcointalk.. crying FUD for bucks $$$
easiest money in human history.

Crying Troll ?

Check !

This topic is now complete.

Dont see whats so wrong with sharing this link its a great faucet and I have been waiting for a great place that gives out Ether like this one

Yeah, you're right.  I'm sorry.  Definitely stay away from ETH.