We will use Ethereum chain (not Classic).
Just out of curiosity, why not ETC? Even though our team wasn't unanimous regarding the vote itself, we wholly support the consensus decision made by the majority of Ethereum community and its foundation. Considering the code is almost identical there is no reason to choose either at this time and the choice can be made right before launch. Considering the fact you are making this decision before you have to shows shortsightedness and ignorance combined. Neither of which I would consider virtues in a startup. In your signature you have written TRUST, BUT VERIFY. You are not trusting... as we were seen, you are not verifying, either! so why the fuck are you posting this nonsense? I guess you have not read this entire thread, thats ok its real long. I have been verifying and my post was nothing more than irrefutable logic, if you cannot understand that then you are either too ignorant to be investing in anything or are scheming. |
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Lets not forget there are things called compression algorithm's as well if need be. I think the bloat bullshit is being BLOWN way out of proportion!  Yeah, we'll need this at the network level before we'll need it at the storage level, at least if comparing to Bitcoin. From what I've read, the higher priority for the Core devs hasn't been hard drive space, but network throughput. There needs to be various protocol solutions to maintain the network's decentralized state as much as possible and which don't rely upon a centralized relay network to propagate blocks sufficiently for the miners. The miners have already resorted to using a centralized block propagation system for profitability reasons. I suspect that as Monero becomes more popular, a similar situation will arise. While it's probably true that a decentralized network can never directly compete with the throughput of a centralized solution in this respect, there still needs to be an improved solution at the protocol level that's more thoroughly decentralized, if only as a fallback option. Yeah the point is that storage is a non issue atm. ...
No but it was only a relatively short time in this thread before the above exchange. Shouldn't be hard to find.
The basic idea was to get a hash of the message mined into the blockchain (for example doing a tiny transaction and putting the hash of the message in the payment ID), and paying a fee. The mined hash is then honored by the p2p network to allow relaying that specific message for some limited period like two weeks. This doesn't give a direct incentive to the nodes but at least it minimizes the bloat on the blockchain and prevents cost-free spamming of the p2p.
When I get some time (been a premium lately) I'll check it out. |
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a long time ago BTC going down meant sadness, now its just more XMR  Good bump from yesterday. https://moneropric.es/I considered reacquiring but I still think my floor prediction is still correct. Tough being right all the time and not having the ability to capitalize.  |
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You're promoting a scam website
lol how do you know that? so your the judge? why not let the traders decide what it is? so much for immutability lol more like mute im sorry but etc has SCAM written all over it. The irony of that ETC thread is .. up there.. He really wants a immutable coin, but a very very mutable thread. o_O Immutability is just an excuse to pump and dump the ETC. I reckon the ETC will be dumped before the hacker's dump. Stay, convert to ETC or BTC all bad choices ATM. You guys have the roof collapsing and don't know whre to find cover. |
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Equilibrium. |
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Bitcoin seems to be the past and Ethereum the future. The question is : when BTC will worth almost zero? Next year? In 2 years? Hmm it will not happen I think if the value of bitcoin decrease many investor want to buy it cheap , so every time bitcoin will drop it's the good opportunity for trader to buy it and sell again if the price increase. I agree with that. The bitcoin will be worth around $1500 some time next year. It will not be lower than $600.Wanna bet? That didn't take long! Feel free to send the money to my xmr address. |
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As I said earlier the best course is to wait for as much of the sheeple to bail ETHF and then Dump on them so you have to watch the chAINS. hAVING a address map is what is needed for this.
There is gonna be alot more blood in the water in the ETH saga before this shitshow is over.
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The greatest Punch line is gonna be when all the ETH fagboys realize they're on the losing side, panic buy and the DAO gets dumped on them. |
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@Smooth, what IYO would be the best approach to a decentralized market place? IIRC we were waiting on the multi-sig for that purpose?
Good question. It isn't a problem I've thought a lot about but I think something like my idea for off-chain messaging with on-chain fee payment is probably a good foundation. Listing items, making offers/purchases, etc. could all be messages. Identity, rating, reputations, web-of-trust, etc. are a tricker problems and probably need some other solution. Search is unsolved, and openbazzar got a lot of things about the infrastructure obviously wrong (running over UDP which is incompatible with Tor - WTF?, people need to leave their computers on to serve a store - WTF?) I think it should be left off Monero's blockchain for reasons stated by Smooth in the past about the potential to "bloat" the chain or whatever... I just think that this theoretical store would need people to run it's own software program and have it's own GUI and everything... like downloading, running a node, and web browsing through tor, in a way... I would assume... The off-chain message proposal is a good model, in principle. It includes a mechanism for paying a fee on-chain (after all that's the only way you can pay a fee), but the content and most of the interaction is off chain. Even that might become unscalable if the volume of usage is extremely high (so too many fees being paid) but we can address that if and when it happens. For now the bigger issue with Monero is empty blocks, not too many transactions. 3 month bump! @Smooth, are there any flags that could be set so that the added bloat could be temporary and pruned after a specific time frame or would a HF be required to add one? My mind is weird, I just remembered I never asked this question (I think I took off for a week and forgot about it)!  If I recall correctly my off-chain message proposal could be implemented without a hard fork. It does require nodes to upgrade, or alternately a completely separate program could be used to transmit the "payload" (perhaps in the case of a commerce application this would be a better approach anyway). As far as Monero stands today, there isn't really any way to put data on the chain that can be completely pruned. Limited pruning of signatures like what Bitcoin currently does (only storage, not addressing bandwidth) can be done with Monero as well (similar to what is implemented in AEON, but it would need to be redone for LMDB). As I understand it, things are reworked a bit in RingCT and more modes of pruning may be possible, similar to Bitcoin's segwit. I have not followed the coding for RingCT closely though, so I don't know the details. Do you have a link for your proposal? |
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@Smooth, what IYO would be the best approach to a decentralized market place? IIRC we were waiting on the multi-sig for that purpose?
Good question. It isn't a problem I've thought a lot about but I think something like my idea for off-chain messaging with on-chain fee payment is probably a good foundation. Listing items, making offers/purchases, etc. could all be messages. Identity, rating, reputations, web-of-trust, etc. are a tricker problems and probably need some other solution. Search is unsolved, and openbazzar got a lot of things about the infrastructure obviously wrong (running over UDP which is incompatible with Tor - WTF?, people need to leave their computers on to serve a store - WTF?) I think it should be left off Monero's blockchain for reasons stated by Smooth in the past about the potential to "bloat" the chain or whatever... I just think that this theoretical store would need people to run it's own software program and have it's own GUI and everything... like downloading, running a node, and web browsing through tor, in a way... I would assume... The off-chain message proposal is a good model, in principle. It includes a mechanism for paying a fee on-chain (after all that's the only way you can pay a fee), but the content and most of the interaction is off chain. Even that might become unscalable if the volume of usage is extremely high (so too many fees being paid) but we can address that if and when it happens. For now the bigger issue with Monero is empty blocks, not too many transactions. 3 month bump! @Smooth, are there any flags that could be set so that the added bloat could be temporary and pruned after a specific time frame or would a HF be required to add one? My mind is weird, I just remembered I never asked this question (I think I took off for a week and forgot about it)! |
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I start minning at epool.io with 500mh/s.
Souds good guys?
Let us know how it works out per day. in this time, what is the pool most profitable to mine etc?
sorry don't know. Do we have a dedicated Mining thread? Are the pools still being DdoSed? Nanopool was yesterday while i was on it but the frontend only went down and some stats were lost and the pool credited everyone for that time. I feel good about this community! I think all the scammers stayed on the ETHF side. The real Cypherpunks are right here.  ^^^ this would look good in the OP with a ETC tag. |
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Unmoderated thread ≠ immutable blockchain what are you smoking? Nice troll driveby though. I'm sure that those that don't know the difference between a thread and a blockchain will be all behind you! :rolleyes:
Exchanges blaming ETC for lost coins are stealing those coins or are so inept they should not be running exchanges, you can choose which category they fall under. There is no Third one.
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ETC is in the enviable position of being able to choose ANYTHING ETHF adds and there is no amount of your feet stomping and crying that can effect that. It is also in the Position of not HF'ing as that is a core principle so if ETHF wants to be safe from Replay IT HAS TO HF AGAIN!!! LOL you just so screwed. Anything ETHF can Do ETC can do cheaper and with higher confidence as it's core is not to change an agreement whether good or bad and that builds confidence. Not Hoping the Devs will change a contract you signed because you didn't like the outcome. Etc will have everything eth does + immutablity
QFT Suck on this ETHF |
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We will use Ethereum chain (not Classic).
Just out of curiosity, why not ETC? Even though our team wasn't unanimous regarding the vote itself, we wholly support the consensus decision made by the majority of Ethereum community and its foundation. Considering the code is almost identical there is no reason to choose either at this time and the choice can be made right before launch. Considering the fact you are making this decision before you have to shows shortsightedness and ignorance combined. Neither of which I would consider virtues in a startup. |
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BTCE
Latest news:
27/07/16 Ethereum Classic
Ethereum Classic
27.07.16 19:52 from admin
Dear Clients!
BTC-e’s official standpoint on this issue is as follows: Ethereum Classic in the current circumstances is a scam. The Ethereum community decided to implement the hardfork in order to switch to the new chain. All major pools and exchanges (including BTC-e) did exactly that.
On the second day after the start of ETC trading BTC-e received a notification from Poloniex, saying that we need to secure the ETCs in our ETH wallet. At the time of notification, most of these coins have already been sent to Poloniex by our users. So there were almost none of these coins in our wallet.
We continue to receive requests from our customers demanding to return the ETCs that are supposedly deposited in our ETH wallet. We cannot do that for the reason specified above.
Anyone, who purports that we sent the coins to Poloniex in order to sell them, can check all the transactions on blockchain. All transactions are recorded and it is easy to trace the sender and the volumes of coins sent.
Best Regards,
BTC-e Team
Looks like they failed to split the coins before allowing users to withdraw. Not sure how that makes ETC a scam, but it does make BTC-e incompetent. They probably want to avoid their responsibility to credit ETC to pre-fork ETH holders. Not following.. how exactly did they lose these coins? Their version seems to be that users withdrew ETH and ETC inadvertently went out with it (replay issue). They're blaming ETC but the issue was known even before the fork and if a noob like me managed to sort it out you'd think an exchange would be capable of doing that too. BTC-E is known scam exchange run by criminals. |
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Acting as though you know something to be a fact when you are speculating is arrogant and inaccurate. How can we truly know if we simply do not?
Let time and the community amongst other factors show us what will happen to ETH or ETC.
Then we may learn
Giving them the same shit they shovel, getting sick of using qualifiers and logic.  |
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Bittrex now shoes me an ETC wallet with the same balance as my Eth wallet (on the exchange). If I trade my ETC, will I basically be trading my Eth away? Or did I just gain free coins that I can dump for a small profit??
Free coins, you decide what to do with them. |
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It is worth $41 million now, no. 8 on the list. When the big Ethereum whales and the hacker dump his coin, what will the price be? It is worth $72 million now. I am wondering who is buying the ETC, will that coin be killed by the hacker? The price is even higher now. What will the price be when the DAO hacker starts to sell the 3+ million ETC? If the DAO hacker is not part of the ETC team or not behind it, there is a possibility that he will attack it again. So if the DAO hacker is not involved in the ETC pump, the ETC pump will finish soon, and dump will follow/ The DAO fund holder will fund development of ETC. |
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I hope the law suit will be launched as soon as possible so that the authorities will notice the DAO theft. ROTFLMFAO!!! Wat?!?! You silly son. |
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I think it's great that he's comfortable with Ethereum Classic project and has no interest in hindering the project. Now if the ETH community can get behind their leader and support that decision it would be great. Be nice to get a little more harmony in that space.
Some big Chinese owners of the Ethereum might not be happy about the ETC. They might dump their ETC. Some big Chinese owners of the Ethereum might not be happy about the ETH. They might dump their ETH. I think if an ETH dump were to happen it would have by now. ETC well it's a different story as the DAO hacker awaits the release of his 10% ETC supply. I heard he's gonna fund the development of the ETC chain why did you hear otherwise? |
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