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Title: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 20, 2014, 04:11:36 PM What are the benefits of Ethereum?
Title: Re: [ETHEREUM] What are its benefits? Post by: bitcoin_bagholder on June 20, 2014, 04:31:17 PM Supposedly turing-complete.
Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 20, 2014, 04:38:53 PM Supposedly turing-complete. What are the benefits of being turing-complete? Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 03:29:12 PM bump
Title: Re: [ETHEREUM] What are its benefits? Post by: Momimaus on June 23, 2014, 05:43:11 PM Supposedly turing-complete. What are the benefits of being turing-complete? Sounds cool. Maybe take a look at NXT´s AT, then you will see what Ethereum can offer in a couple of years. 8) Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 05:46:03 PM Sounds cool. Sure. :D But, what is more? Maybe take a look at NXT´s AT, then you will see what Ethereum can offer in a couple of years. 8) I am a core developer of Nxt. I know the project. ;) Title: Re: [ETHEREUM] What are its benefits? Post by: Momimaus on June 23, 2014, 05:51:21 PM Sounds cool. Sure. :D But, what is more? Maybe take a look at NXT´s AT, then you will see what Ethereum can offer in a couple of years. 8) I am a core developer of Nxt. I know the project. ;) I KNOW.....just making fun Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 05:52:30 PM But, I wanted to hear real benefits. :/
Anybody? Title: Re: [ETHEREUM] What are its benefits? Post by: opticalcarrier on June 23, 2014, 06:00:57 PM from what i understand, NXT's AT is being built on top of the NXT protocol, into the core, and what I understand about etherium, is that turing complete IS the core, so very ambitious it sounds like to me.
at least i think. Title: Re: [ETHEREUM] What are its benefits? Post by: Hagade on June 23, 2014, 06:05:02 PM But, I wanted to hear real benefits. :/ Anybody? Im not so sure what benefits it has, but im mining it a lont time, What I see is almost every day "moviment" at github https://github.com/ethereum And there is the site too: https://www.ethereum.org/ Maybe this can help a bit.... ;D I forget... you can mine only whith the soft of them. For not use asics or something like this. It uses CPU mining, but I cant imagine what can stop someone to rent a server whith 8 or 10 core to mine it.... Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 06:21:42 PM Watched video. Still awaiting benefits.
Title: Re: [ETHEREUM] What are its benefits? Post by: indiemax on June 23, 2014, 06:38:26 PM Sounds cool. Sure. :D But, what is more? Maybe take a look at NXT´s AT, then you will see what Ethereum can offer in a couple of years. 8) I am a core developer of Nxt. I know the project. ;) Haha! a mischief maker thread from a core developer who doesn't understand the code of a potential rival think that's a fail from all angles ;D Title: Re: [ETHEREUM] What are its benefits? Post by: Hagade on June 23, 2014, 09:26:55 PM Watched video. Still awaiting benefits. About the soft / Wallet: The proof of concept V 4.2 is like this: You have all accounts listed in some of the windows; The blockchain is there too; Some information of the block(s), transaction(s) and message; If I did not understood the contracts ( little time to make a research and read code); Every new block makes the minning operation restarts; And finally, the log, that you can make it be information or show everything happening. To mine, just click enable network, sometimes connect to peer and mine. http://s15.postimg.org/3w1b33t17/ethereum_1.png tomorrow I'll read more about the coin. See you around!! Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 09:29:32 PM Haha! a mischief maker thread from a core developer who doesn't understand the code of a potential rival think that's a fail from all angles ;D Still no benefits. Maybe, you could be so kind as to explain them to me as I am obviously not able to see them. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 23, 2014, 09:32:28 PM Watched video. Still awaiting benefits. About the soft / Wallet: The proof of concept V 4.2 is like this: You have all accounts listed in some of the windows; The blockchain is there too; Some information of the block(s), transaction(s) and message; If I did not understood the contracts ( little time to make a research and read code); Every new block makes the minning operation restarts; And finally, the log, that you can make it be information or show everything happening. To mine, just click enable network, sometimes connect to peer and mine. tomorrow I'll read more about the coin. See you around!! Thank you for answering. :) Well, I am not sure if those are the core benefits of Ethereum. As it seems to me, contracts should be the one that would make the difference. Unfortunately, I do not see why these are beneficial to the system. Maybe, somebody has an idea. Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 23, 2014, 10:08:42 PM Ethereum makes it easier and quicker to develop decentralized applications, as it is a programming language built specifically for developing decentralized applications.
The way I understand it, being turing complete means that it can perform the simplest of math problems to even the most complicated ones. This in theory means that there is no limit to what you can develop with Ethereum as it can solve the most complicated of problems, like complicated cryptography etc.. Most modern programming languages are turing complete. Someone correct me if I am wrong, because I just learned what turing complete was when I heard about Ethereum/Qixcoin, but I think that is more or less correct. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 24, 2014, 08:47:32 PM I think we are getting to the point now.
Well, so Ethereum provides a Turing-complete programming language like Java is. Why not use Jave in the first place? Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 03:20:42 PM bump
Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 03:35:56 PM I think we are getting to the point now. Well, so Ethereum provides a Turing-complete programming language like Java is. Why not use Jave in the first place? Java and other programming languages are built to do just about anything. I touched on this in my last post, but Ethereum is made specifically for creating decentralized applications (and contracts.. Forgot about that in my last post.) It makes it easier and quicker to develop decentralized applications because a lot of the functions you'd have to write in Java from scratch are already written for you. Title: Re: [ETHEREUM] What are its benefits? Post by: Willisius on June 25, 2014, 03:43:10 PM From the white paper:
Quote The intent of Ethereum is to merge together and improve upon the concepts of scripting, altcoins and on-chain meta-protocols, and allow developers to create arbitrary consensus-based applications that have the scalability, standardization, feature-completeness, ease of development and interoperability offered by these different paradigms all at the same time. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of our platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state. Pretty exciting. It allows one to make things, like token systems where you can have tokens that represent something and can't be forged. Or smart contracts, etc. The possibilities look boundless to me. I really recommend that you read the white paper (https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-White-Paper). Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 04:04:57 PM @Willisius
Guess what I did a long time ago. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 04:06:10 PM Java and other programming languages are built to do just about anything. I touched on this in my last post, but Ethereum is made specifically for creating decentralized applications (and contracts.. Forgot about that in my last post.) It makes it easier and quicker to develop decentralized applications because a lot of the functions you'd have to write in Java from scratch are already written for you. Why not using an already existing platform, add your wanted feature and that is it? Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 04:40:53 PM Java and other programming languages are built to do just about anything. I touched on this in my last post, but Ethereum is made specifically for creating decentralized applications (and contracts.. Forgot about that in my last post.) It makes it easier and quicker to develop decentralized applications because a lot of the functions you'd have to write in Java from scratch are already written for you. Why not using an already existing platform, add your wanted feature and that is it? I don't get why you're asking that, it is more clearly explained in the abstract of the white paper. All of the answers to your questions so far are answered there. If you've already read it, then why are you asking these questions? Quote The intent of Ethereum is to merge together and improve upon the concepts of scripting, altcoins and on-chain meta-protocols, and allow developers to create arbitrary consensus-based applications that have the scalability, standardization, feature-completeness, ease of development and interoperability offered by these different paradigms all at the same time. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of our platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 04:44:18 PM Java and other programming languages are built to do just about anything. I touched on this in my last post, but Ethereum is made specifically for creating decentralized applications (and contracts.. Forgot about that in my last post.) It makes it easier and quicker to develop decentralized applications because a lot of the functions you'd have to write in Java from scratch are already written for you. Why not using an already existing platform, add your wanted feature and that is it? Proof? (any decentralized platform + new feature <-> Ethereum + new feature) Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 04:52:31 PM Java and other programming languages are built to do just about anything. I touched on this in my last post, but Ethereum is made specifically for creating decentralized applications (and contracts.. Forgot about that in my last post.) It makes it easier and quicker to develop decentralized applications because a lot of the functions you'd have to write in Java from scratch are already written for you. Why not using an already existing platform, add your wanted feature and that is it? Proof? (any decentralized platform + new feature <-> Ethereum + new feature) Go over to the Ethereum forums and ask the developers over there, they can vouch for that better than I can as I am not a developer and have not tried developing anything using Ethereum. I am just someone that took 2 years of programming classes 10 years ago, and haven't done much coding since as it was rather boring and tedious for me. Yet, I have enough general knowledge of most basic computer science areas, and understand how Ethereum can be a great thing for decentralized applications. I'm not sure why you can't come to that conclusion yourself, but I would venture to say you have an agenda. I have read that you are a Nxt developer... Tell me how well YOUR decentralized applications are coming along? I heard a lot of them are not coming along so quickly. Maybe you guys should look into using Ethereum? :P Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 05:09:12 PM Go over to the Ethereum forums and ask the developers over there, they can vouch for that better than I can as I am not a developer and have not tried developing anything using Ethereum. I am just someone that took 2 years of programming classes 10 years ago, and haven't done much coding since as it was rather boring and tedious for me. Yet, I have enough general knowledge of most basic computer science areas, and understand how Ethereum can be a great thing for decentralized applications. Seems so. I'm not sure why you can't come to that conclusion yourself, but I would venture to say you have an agenda. I have read that you are a Nxt developer... Tell me how well YOUR decentralized applications are coming along? I heard a lot of them are not coming along so quickly. Maybe you guys should look into using Ethereum? :P Because in order to come to that conclusion, logic dictates that the assumptions are correct. As far as I can see, they are not. Otherwise, Ethereum would have been the choice, do you not think? Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 05:22:32 PM Go over to the Ethereum forums and ask the developers over there, they can vouch for that better than I can as I am not a developer and have not tried developing anything using Ethereum. I am just someone that took 2 years of programming classes 10 years ago, and haven't done much coding since as it was rather boring and tedious for me. Yet, I have enough general knowledge of most basic computer science areas, and understand how Ethereum can be a great thing for decentralized applications. Seems so. I'm not sure why you can't come to that conclusion yourself, but I would venture to say you have an agenda. I have read that you are a Nxt developer... Tell me how well YOUR decentralized applications are coming along? I heard a lot of them are not coming along so quickly. Maybe you guys should look into using Ethereum? :P Because in order to come to that conclusion, logic dictates that the assumptions are correct. As far as I can see, they are not. Otherwise, Ethereum would have been the choice, do you not think? Why don't you explain why the assumption aren't correct instead of asking questions over and over, and getting someone else to answer the question for you? Enlighten us. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 05:32:06 PM Because it is obvious that they are wrong.
I ask questions because this is a forum and because I can. I do not see how this relates to the benefits of Ethereum. The assumption is that Ethereum makes it easier to develop decentralized applications. I cannot see proof of that because Ethereum is not out there. It is as simple as that. Furthermore, it is one thing to develop an application, another thing to deploy it for the first time and even another thing to keep it updated (e.g. in case of bugs). Next thing, how is the difference in the perception for the users? How do they choose the decentralized application out there on Ethereum? How do they choose/agree on updates (if any; if not, than an update is simply another application)? So, where is the difference to the already existing applications out there? And if there is an difference, is this difference a benefit? Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 05:46:24 PM Because it is obvious that they are wrong. I ask questions because this is a forum and because I can. I do not see how this relates to the benefits of Ethereum. The assumption is that Ethereum makes it easier to develop decentralized applications. I cannot see proof of that because Ethereum is not out there. It is as simple as that. Furthermore, it is one thing to develop an application, another thing to deploy it for the first time and even another thing to keep it updated (e.g. in case of bugs). Next thing, how is the difference in the perception for the users? How do they choose the decentralized application out there on Ethereum? How do they choose/agree on updates (if any; if not, than an update is simply another application)? So, where is the difference to the already existing applications out there? And if there is an difference, is this difference a benefit? Are you really expecting your answer to come from the Alternative crypto currency subforum? This place is a cess pool of pump and dumpers, and people with agendas trying to push their own crypto currencies. A lot of people have stopped coming and posting here for that reason. I can't imagine there are too many developers that actually wade through all this crap. I do it because I'm genuinely interested in all of the different projects and weeding out the ones that I find interesting. Like I said, go ask this on the Ethereum Forums and you will receive more knowledgeable responses, much more so than I can give. The fact that you are not doing this already makes it seem as if you have an agenda here. Title: Re: [ETHEREUM] What are its benefits? Post by: coinsolidation on June 25, 2014, 05:48:27 PM well it isn't bloatware, and it's developer's don't push agendas on the uninformed..
Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 05:53:17 PM Are you really expecting your answer to come from the Alternative crypto currency subforum? This place is a cess pool of pump and dumpers, and people with agendas trying to push their own crypto currencies. A lot of people have stopped coming and posting here for that reason. Unfortunately, yes. But better to ask too many questions than too less. The fact that you are not doing this already makes it seem as if you have an agenda here. Are you stalking me? Please, let me decide when and why the time has come to address them in their own realm. It seems to me you jump to conclusions very easily. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 05:54:34 PM well it isn't bloatware, and it's developer's don't push agendas on the uninformed.. Maybe, I should revise my question to: "What are the technical benefits of Ethereum?" Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 06:28:38 PM Are you really expecting your answer to come from the Alternative crypto currency subforum? This place is a cess pool of pump and dumpers, and people with agendas trying to push their own crypto currencies. A lot of people have stopped coming and posting here for that reason. Unfortunately, yes. But better to ask too many questions than too less. The fact that you are not doing this already makes it seem as if you have an agenda here. Are you stalking me? Please, let me decide when and why the time has come to address them in their own realm. It seems to me you jump to conclusions very easily. No, not stalking you.. I read just about every thread here. At first I was trying to help you out as you seemed genuinely confused. Then I realized you were trying to make a point in a round about way and it annoyed me a little bit, as I wish you'd just come out and explain WHY you don't think it will work. If it's based on failed logic, then explain how the logic is failed. If you can't explain that because it hasn't been released, then how can you make the claim that the logic is failed, and why are you asking a question that can't be answered? I'm sorry if my assumption was wrong, but you have to admit it looks like you have an agenda seeing as though you are a developer and supporter of Nxt, a competing cryptocoin 2.0 protocol. You even have a Nxt address below where you avatar should be, so it makes it look like that even more. Again, sorry if I was wrong, but I seriously doubt you'll find any answers here. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 06:34:56 PM @CoinHoarder
You repeat yourself. @all The assumption is that Ethereum makes it easier to develop decentralized applications. I cannot see proof of that because Ethereum is not out there. It is as simple as that. Furthermore, it is one thing to develop an application, another thing to deploy it for the first time and even another thing to keep it updated (e.g. in case of bugs). Next thing, how is the difference in the perception for the users? How do they choose the decentralized application out there on Ethereum? How do they choose/agree on updates (if any; if not, than an update is simply another application)? So, where is the difference to the already existing applications out there? And if there is an difference, is this difference a benefit? Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 06:44:48 PM Just saying.. if you are truly looking for an answer then go to Ethereum Forums.
It took me less than 1 minute to sign up... Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 06:45:13 PM Just saying.. if you are truly looking for an answer then go to Ethereum Forums. It took me less than 1 minute to sign up... Want to discuss over there? Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 06:49:34 PM Just saying.. if you are truly looking for an answer then go to Ethereum Forums. It took me less than 1 minute to sign up... Want to discuss over there? Lol, I can't answer your question, so no. However, I am interested to go read the responses. Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 25, 2014, 06:51:25 PM Lol, I can't answer your question, so no. However, I am interested to go read the responses. Alright. I will keep you informed. Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 06:54:29 PM Lol, I can't answer your question, so no. However, I am interested to go read the responses. Alright. I will keep you informed. TY, I have been interested in Ethereum, so if what you say is true then it would be good to know before their crowdfunding opens up. I don't have any money to invest, but I have been suggesting projects that I find interesting to people that do.. like on Facebook, etc. Some people gave me a hard time for not telling them about Bitcoin/Litecoin. The thing is.. I told mostly everyone but only a few people actually listened to me. This time I am making a point to tell EVERYONE so they can't say that the 2nd time around. :) Title: Re: [ETHEREUM] What are its benefits? Post by: Willisius on June 25, 2014, 09:29:24 PM @CoinHoarder You repeat yourself. @all The assumption is that Ethereum makes it easier to develop decentralized applications. I cannot see proof of that because Ethereum is not out there. It is as simple as that. Furthermore, it is one thing to develop an application, another thing to deploy it for the first time and even another thing to keep it updated (e.g. in case of bugs). Next thing, how is the difference in the perception for the users? How do they choose the decentralized application out there on Ethereum? How do they choose/agree on updates (if any; if not, than an update is simply another application)? So, where is the difference to the already existing applications out there? And if there is an difference, is this difference a benefit? Because it is obvious that they are wrong. I ask questions because this is a forum and because I can. I do not see how this relates to the benefits of Ethereum. The assumption is that Ethereum makes it easier to develop decentralized applications. I cannot see proof of that because Ethereum is not out there. It is as simple as that. Furthermore, it is one thing to develop an application, another thing to deploy it for the first time and even another thing to keep it updated (e.g. in case of bugs). Next thing, how is the difference in the perception for the users? How do they choose the decentralized application out there on Ethereum? How do they choose/agree on updates (if any; if not, than an update is simply another application)? So, where is the difference to the already existing applications out there? And if there is an difference, is this difference a benefit? @ChuckOne: You repeat yourself. If you're asking why somebody would use it instead of something already here, take a look at these examples (https://github.com/jorisbontje/cll-sim/tree/master/examples). Why would you not consider using an Ethereum contract before starting a large Java project, for example? Anyway, I agree with CoinHoarder; I don't think any answer will satisfy you. Title: Re: [ETHEREUM] What are its benefits? Post by: rabbiter on June 25, 2014, 09:40:15 PM Is the OP and other NXT users aware that the Developer of AT isn't looking to work on NXT but possibly Qora instead?
Of course then the question is what is the benefit of NXT over Qora? ;D That's what is being discussed over on Qora chat anyway. Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 25, 2014, 10:11:04 PM Is the OP and other NXT users aware that the Developer of AT isn't looking to work on NXT but possibly Qora instead? Of course then the question is what is the benefit of NXT over Qora? ;D That's what is being discussed over on Qora chat anyway. AT ?? Title: Re: [ETHEREUM] What are its benefits? Post by: rabbiter on June 26, 2014, 04:38:51 AM Is the OP and other NXT users aware that the Developer of AT isn't looking to work on NXT but possibly Qora instead? Of course then the question is what is the benefit of NXT over Qora? ;D That's what is being discussed over on Qora chat anyway. AT ?? Automated Transactions. https://nxtforum.org/automated-transactions/information-of-the-at-project/ Title: Re: [ETHEREUM] What are its benefits? Post by: CoinHoarder on June 26, 2014, 04:41:34 AM Is the OP and other NXT users aware that the Developer of AT isn't looking to work on NXT but possibly Qora instead? Of course then the question is what is the benefit of NXT over Qora? ;D That's what is being discussed over on Qora chat anyway. AT ?? Automated Transactions. https://nxtforum.org/automated-transactions/information-of-the-at-project/ Thanks! I had heard of Open Transactions, I thought that was what you meant. I'll see go see what AT is all about. :) Title: Re: [ETHEREUM] What are its benefits? Post by: ChuckOne on June 26, 2014, 06:49:40 AM If you're asking why somebody would use it instead of something already here, take a look at these examples (https://github.com/jorisbontje/cll-sim/tree/master/examples). Why would you not consider using an Ethereum contract before starting a large Java project, for example? Anyway, I agree with CoinHoarder; I don't think any answer will satisfy you. It would help us all if you could read. I said take an existing platform and add your feature to it -- not take nothing and add decentralization and your feature to it. |
