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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: americanpegasus on July 26, 2016, 02:39:17 AM



Title: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: americanpegasus on July 26, 2016, 02:39:17 AM
I do not believe that Ethereum Classic should have that subtitle at all.  It is not a fork or a flavor, but rather the true implementation - Ethereum Core.  Meanwhile, I've come to realize since initially making this topic, the 'ETH' advocates don't need to change their ticker at all - 'ETH' is already a great ticker to denominate "Ethereum Hardfork".  This fork may not have as much inherent value due to being mutable at the whims of a few central controllers, but it has a bright future as a testnet for the true Ethereum.    
  
Let the test network have their valid supporters who for some reason value testnet tokens, and let them trade as they please, but there is something important we all need to realize.  The human intervention on behalf of ETH whales has showed that on that their code has no consequences.  Code must have consequences or you might as well be trading cells on a password-protected spreadsheet.  
  
Support the immutability of code and blockchains (even if that code is ultimately flawed).  Support Ethereum 'Classic', as that is the true world computer.  
  
https://i.imgur.com/9mV8wLE.jpg


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: BigSirko on July 26, 2016, 03:09:47 AM
Looks like we found one of the people who been buying Ethereum classic.   :D


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Caesar V on July 26, 2016, 03:56:29 AM

I do not believe that Ethereum Classic should have a subtitle at all.  It is not a fork, but rather the true Ethereum.  It is the supporters of the Whale Bailout Fork that should change their ticker.  They can change it to ETF (Ethereum Fork) or ETW (Ethereum Whale) but they should not be allowed to keep the original ETH name. 
 
In fact, I call upon Poloniex, Bittrex, Kraken, Coinbase, and all exchange owners to support this social movement.  Forcefully change the Ethereum ticker to [ETF] for the good of crypto.  Let their network have their valid supporters, and let them trade as they please, but restore the blockchain known as [ETC] to their rightful ticker.... [ETH]. 
 
Do it for all of crypto, and support the immutability of code and blockchains (even if that code is ultimately flawed).
I agree, If they're gonna add the old fork to exchanges then it needs to remain ETH.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: bbc.reporter on July 26, 2016, 05:19:40 AM
That is another way of looking at it. It will really depend on the point of view of the person on what is the original and what is the fork. I can see this will be a debate for a long time as long as the original Ethereum classic chain still exists.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Minecache on July 26, 2016, 06:55:31 AM
Looks like we found one of the people who been buying Ethereum classic.   :D
There's always some idiots.  :D


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Minecache on July 26, 2016, 07:53:40 AM
Loving freedom and joinning a community who runs only immutable code makes me an idiot!

Today is crypto independence day to celebrate money that cannot be stolen from me.
Don't worry one way or another it will be stolen from you as ETC is an insecure chain of which the DAO attacker has 3.6 million ETC getting ready to dump. But yeah stick to your idiotic self righteous immutability. This is 2016 not 2009!!


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: americanpegasus on July 26, 2016, 08:16:09 AM
Loving freedom and joinning a community who runs only immutable code makes me an idiot!

Today is crypto independence day to celebrate money that cannot be stolen from me.

The Ethereum Foundation guaranteed to develop the unstoplable chain. Will they scam?

Shall we hereby declare 7/25 Ethereum Independence day!?


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Denker on July 26, 2016, 08:36:27 AM
That is another way of looking at it. It will really depend on the point of view of the person on what is the original and what is the fork. I can see this will be a debate for a long time as long as the original Ethereum classic chain still exists.

No it is absolutely clear imo what is what.
When after a fork the original chain survives, it is still the original one.It doesn't matter how many users the forked chain has, how high it's hashrate and marketcap is or how many nodes it has.
As long as the old chain is active it stays as the original one and the forked version is just another altcoin.
Therefore I totally agree with OP.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: HCLivess on July 26, 2016, 11:56:49 AM
Here we stand united, like Bernie and Trump supporters against Hillary


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Dobmaster on July 26, 2016, 12:09:09 PM
Loving freedom and joinning a community who runs only immutable code makes me an idiot!

Today is crypto independence day to celebrate money that cannot be stolen from me.
Don't worry one way or another it will be stolen from you as ETC is an insecure chain of which the DAO attacker has 3.6 million ETC getting ready to dump. But yeah stick to your idiotic self righteous immutability. This is 2016 not 2009!!

When can the DAO hacker have the power to move around his coins? Maybe we should sell before then.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: frobley on July 26, 2016, 01:24:42 PM
Looks like we found one of the people who been buying Ethereum classic.   :D
There's always some idiots.  :D

Have you seen the price?


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: GreenBits on July 26, 2016, 02:00:50 PM

I do not believe that Ethereum Classic should have a subtitle at all.  It is not a fork, but rather the true Ethereum.  It is the supporters of the Whale Bailout Fork that should change their ticker.  They can change it to ETF (Ethereum Fork) or ETW (Ethereum Whale) but they should not be allowed to keep the original ETH name. 
 
In fact, I call upon Poloniex, Bittrex, Kraken, Coinbase, and all exchange owners to support this social movement.  Forcefully change the Ethereum ticker to [ETF] for the good of crypto.  Let their network have their valid supporters, and let them trade as they please, but restore the blockchain known as [ETC] to their rightful ticker.... [ETH]. 
 
Do it for all of crypto, and support the immutability of code and blockchains (even if that code is ultimately flawed).

Lol, this was one of the first things that came to mind when I heard the continuing news on all this. I had tuned out honestly, after ETH failed to react as I predicted post fork. But the non forked chain is ETH in my opinion, that was the original ledger, and despite a fork, will always be. I think everyone else is slowly starting to feel a similar way.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: Dobmaster on July 27, 2016, 05:12:01 PM
Looks like we found one of the people who been buying Ethereum classic.   :D
There's always some idiots.  :D

Have you seen the price?

That is the price before the big dumps of the large Ethereum holders before the hard fork. We will find out in a few days.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: HasHe on July 27, 2016, 05:47:57 PM
Lmao, sad attempts at supporting this garbage. Vitalik stated he doesn't care for this shit. Massive manipulation by whales. That's all there is to ETC. Price will go sub .50 cents soon. You've been warned.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: SmirkinPepe on July 27, 2016, 06:38:10 PM
https://i.imgur.com/B5Xn7sA.jpg


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: ashkanb on July 27, 2016, 06:41:35 PM
honestly i personally don't care much at all for neither eth nor etc;
what i find most prominent about etc & its community though, is its cynicism, aggression & hostility towards eth;
in short, i highly find that counter productive;
imo shilling for a flawed code that hosts millions of stolen investor funds is as bad as shilling for a centralized bailout coin!

eth community seems to be focused & hell bent on putting the dao hack fiasco behind & move forward with the development of whatever it is they stand for & have planned!
shouldn't etc community & supporters focus more on development of their own code & finding their own foothold among alts?
what's the point of constantly trying to point out what's bad & wrong with someone else?!
i point out that trying to bring others down does not get anyone any higher;
i'll shut it now!


Title: Re: Ethereum Classic is Ethereum; 'ETH' is just a testnet for the real blockchain.
Post by: americanpegasus on July 27, 2016, 06:46:36 PM
ETH just permanently relegated itself to being a testnet for ETC, the true Ethereum.  Human-controlled reversibility isn't a good thing; it's a curse.  There is no end to the slippery slope of human intervention in finance; if that's what people want, why use a blockchain at all?  Simply use a database on a cloud server.  
  
That's what ETH equates to: a database on a cloud server.  The tokens are no more valuable than ISK from Eve Online or meso from Maplestory because they are centrally controlled tokens which don't matter.  
  
ETC represents an actual, immutable blockchain with consequences for faulty code.

Looks like we found one of the people who been buying Ethereum classic.   :D

https://i.imgur.com/IDuy3Xu.gif


Title: Re: Ethereum Classic is Ethereum; 'ETH' is just a testnet for the real blockchain.
Post by: Wargika on July 27, 2016, 07:01:33 PM
That is great for the ETH to be a test net. Let us test new development on the ETH first and use it quite a lot.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: dinofelis on July 27, 2016, 07:19:28 PM
Lmao, sad attempts at supporting this garbage. Vitalik stated he doesn't care for this shit. Massive manipulation by whales. That's all there is to ETC. Price will go sub .50 cents soon. You've been warned.

There is absolutely no problem with ETC going sub 50 cents.  That's still more than enough to build modest, reasonable smart contracts with, which is, as far as I know, the *only* reason of existence of ethereum.  At least, people that build contracts on the ETC chain will know that it is unstoppable, and that the code IS the law.  They will probably also know that there's little chance that big whales come in and mess up the thing, as it is not big enough, and especially, because now, there's nobody to call when their investments don't run as expected.

Of course, on ETC, you won't run megalomania rich projects such as venture capital firms as a "hello world" application test.  But, I don't know, maybe, automated bicycle lock contracts, who knows ?  ;D

Smart contracts should start out modestly, with relatively small amounts of money, and several of them, instead of one huge big project that runs before it has learned to walk.  ETC is perfect for that.  50 cents per unit is more than enough to feed such contracts.

BTW, what large project ETH is used for, right now ?


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Dobmaster on July 29, 2016, 04:54:10 PM
In the next few weeks, there will be attacks on one or two chains. One of the chain might survive the attacks.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: yelllowsin on July 29, 2016, 07:39:15 PM
ETH is the longest chain, so ETC is many blocks behind. It is likely the longest chain will win, sorry for that but always go with the masses when investing long term. But if you are shorting, good luck with ETC.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: dinofelis on July 29, 2016, 07:47:53 PM
ETH is the longest chain, so ETC is many blocks behind. It is likely the longest chain will win, sorry for that but always go with the masses when investing long term. But if you are shorting, good luck with ETC.

The "longest chain" argument only holds when we talk about equally valid block chains.  But after a hard fork, such is not the case.  Blocks on chain A are not valid on chain B, and vice versa.

You could just as well argue about a "longest chain argument" between, say, bitcoin and litecoin.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: pereira4 on July 29, 2016, 09:41:04 PM
They should really rename it to Core instead of Classic. For anyone knowledgeable in crypto, Classic has a non-serious tone to it due the Bitcoin Classic mess, and you don't want to make people feel like Ethereum Classic is like Bitcoin Classic, when Ethereum Classic has the Bitcoin Core approach of no hard forks over money being lost, in other words, the no-bullshit approach.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Dobmaster on July 30, 2016, 04:15:23 PM
They should really rename it to Core instead of Classic. For anyone knowledgeable in crypto, Classic has a non-serious tone to it due the Bitcoin Classic mess, and you don't want to make people feel like Ethereum Classic is like Bitcoin Classic, when Ethereum Classic has the Bitcoin Core approach of no hard forks over money being lost, in other words, the no-bullshit approach.

We shall know the fate of the ETH and ETC in the next few months. It is possible one of the them will be killed.


Title: Re: Ethereum 'Classic' isn't a fork - it is true ETH. The fork should change ticker!
Post by: thejaytiesto on July 30, 2016, 04:20:24 PM

Fantastic pic! A great way to sum it up indeed. This shows that ETC guys are the ones staying true to what ETH was supposed to be: a hardcore machine that would execute the smart contracts as coded, without no ways to backpeddle. If something goes wrong: Take the lesson and code it better next time, but don't fuck with the blockchain.

I hope ETC overtakes ETH including it's price. It's not only about making money, it's obviously a fight against crypto central banking approach to this mess. Fuck blockchain bailouts.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Wargika on August 10, 2016, 09:29:20 AM
They should really rename it to Core instead of Classic. For anyone knowledgeable in crypto, Classic has a non-serious tone to it due the Bitcoin Classic mess, and you don't want to make people feel like Ethereum Classic is like Bitcoin Classic, when Ethereum Classic has the Bitcoin Core approach of no hard forks over money being lost, in other words, the no-bullshit approach.

We shall know the fate of the ETH and ETC in the next few months. It is possible one of the them will be killed.

The fate of the ETC could be determined end of August. I heard the DAO hackers can have access to the ETC by then.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: mining1 on August 10, 2016, 09:44:47 AM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Minecache on August 10, 2016, 10:38:06 AM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.
I absolutely agree with you gud Sir. ETC criminal coin is now in its death throws. Price and hash collapsing daily. The sooner this shitcoinage is dead and buried the better.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Dobmaster on August 11, 2016, 11:43:38 AM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.
I absolutely agree with you gud Sir. ETC criminal coin is now in its death throws. Price and hash collapsing daily. The sooner this shitcoinage is dead and buried the better.

The ETC could be a significant for 3 more weeks. After the DAO hacker sell the hacked ETC, the price will be lower.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Wargika on August 27, 2016, 04:38:04 PM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.
I absolutely agree with you gud Sir. ETC criminal coin is now in its death throws. Price and hash collapsing daily. The sooner this shitcoinage is dead and buried the better.

The ETC could be a significant for 3 more weeks. After the DAO hacker sell the hacked ETC, the price will be lower.

The price has already dropped about 50% from the recent peaks. It is possible the price will drop again by end of August.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Dobmaster on September 05, 2016, 12:01:59 PM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.
I absolutely agree with you gud Sir. ETC criminal coin is now in its death throws. Price and hash collapsing daily. The sooner this shitcoinage is dead and buried the better.

The ETC could be a significant for 3 more weeks. After the DAO hacker sell the hacked ETC, the price will be lower.

The price has already dropped about 50% from the recent peaks. It is possible the price will drop again by end of August.

That prediction is proved to be not so right. The price of ETC is quite stable at the moment. It is quite strange.


Title: Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Post by: Wargika on September 12, 2016, 05:30:15 PM
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.

You might be right. But there is big dump of the ETC at the moment. It seems the Ethereum Foundation does not want to kill it now.