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221  Alternate cryptocurrencies / Altcoin Discussion / Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system on: February 15, 2014, 04:41:24 PM
Discussion of the fundraising model and call for community involvement thread: https://bitcointalk.org/index.php?topic=467528.0

I will get people who pm'd me added to the newsletter tomorrow

Feel free to join in. It'd be good to get some thoughts and discussion going on the idea of funding cryptocurrency dev work. Especially now that tacotime is going to move into that role if it can work.
222  Alternate cryptocurrencies / Altcoin Discussion / Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system on: February 10, 2014, 03:43:29 PM
Do I have to keep Bitmessage open 24/7 to receive messages or are they pushed when i go online?

No, you don't have to keep it open. Next time you open it up it'll sync and you'll get the messages sent to your BM address. Note that this only applies to the computer that has keys.dat and messages.dat in your PyBitmessage config folder (~/.config/PyBitmessage by default on Linux). It takes a while to sync.
223  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAX] MaxCoin on: February 06, 2014, 10:13:57 PM
I don't normally get involved in cloned coins, but I've got one this to say to whoever developed and launched this:


224  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 06, 2014, 10:57:57 AM
My issue is not with the involvement of former Goldman Sachs employees, I know you need to hire good people.  My issue is with how the heck could they have made such a horrible PR move?  Surely someone would have said...."Hey Charlie mentioning GS is probably a BAD THING"

Even though he seemed to have just mentioned it in passing in the video, I'm happy he did. Can you imagine if people discovered someone worked for Goldman Sachs after the project got up and running and completed a fundraiser? I think the Internet would have exploded. They've been honest, and it's stupid for us to crucify them for their past actions. They left Goldman Sachs, didn't they?
225  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 06, 2014, 10:55:13 AM
Like anyone, I'm excited to see what you come up with.

That said, what is with the massive premining and IPO when you don't have anything ready to go?  It is like saying trust us, we promise we are not going to screw you.  Which, sadly, many people on this board have fallen victim to already.

Are you going to address this issue?

They have plenty ready to go. It's very alpha, but it's all open and free for you to play with: https://github.com/ethereum. As I post this, their lead Go dev updated the Go repository just a few minutes go.

If you look at the facts, this already beats out 99% of the projects on here that end up taking your money with nothing to show (I'm looking at you Mastercoin!). They're showing you things and haven't taken a dime for it.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 06, 2014, 10:51:06 AM
Ok here is my question. 

During the Etherium introduction video Charles Hoskinson made the obvious mistake of mentioning that former Goldman Sachs employees have worked on the Etherium project. 

Many people have taken issue with these statements.  My issue is Mr. Hoskinson when he mention this appeared to be completely tone deaf or insensitive to the mood of the cyptocurrency community.  Even worse is no one who was involved with the video realized this would become a major issue.  So how experience does the Etherium team have in the community, and what steps will be taken so such blunders don't happen in the future?

You should know that I asked about Goldman Sachs (jokingly) in the first question on here. I hoped that people would see it and use it as a reference instead of asking about it over and over. Check out their responses below. If you believe them to be truthful, then that's good. If you don't believe it, then that's good too. But there is only so much they can do. They're giving you direct information, directly from the man who said it.


Categorically, no.

From Charles Hoskinson:

"We have two people on our team who started their financial careers- as many thousands have done- at Goldman Sachs. They have both since left and started other ventures. In both cases those were hedge funds. Joe retired and moved to Jamaica to be in the music industry and came out of retirement to join us. Costa went to university of Edinburgh to study LCS's relationship to finance for a PhD in Quantitative Finance. He is now running a hedge fund in Kyrgyzstan as well as building a full clearing house in etherscript.

We have no relationship with Goldman Sachs nor are they an investor. I wouldn't take their money if offered. I have great respect for their knowledge of the financial industry as well as quality of talent, but no respect for their business practices or questionable conduct.
"

Goldman Sachs has no involvement in our venture. We have no current GS employees nor intend on hiring any nor establishing a partnership. We will not accept investment from goldman sachs nor collaborate with them as a partner at any time.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 04, 2014, 08:42:20 PM
Has there been any thought about equitable mining opportunity? Some people live in areas where electricity is extremely expensive relative to others, which obviously makes distributed mining among interested parties difficult. Part of the appeal of a CPU-friendly mining algorithm is that cloud mining becomes possible for people who are limited in this way. I'm wondering whether Ethereum envisions building partnerships with mining providers that can provide people with mining services in areas where electricity is inexpensive (in the event that a GPU mining algorithm becomes more preferable, thus ruling out traditional cloud mining)?
228  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 04, 2014, 06:10:50 PM
Let me do the honours: Is Goldman Sachs involved in this venture?
229  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAX] MaxCoin on: February 04, 2014, 09:29:09 AM
yeah right , criminals that steal resources have a rightful place in the cryptocurrency community, honest thieves huh  Roll Eyes let me take a wild guess, you own a botnet?

I do not. This is just my personal opinion. It becomes impossible to determine who steals what, so we end up blocking far more users than the isolated few who own botnets when we give into fears over mining centralisation (when in fact the opposite ends up happening).
230  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAX] MaxCoin on: February 04, 2014, 09:25:39 AM
No good reasons to NOT go for GPU's in my opinion. I mean ; most people have at least one GPU, right ?

Plenty of people rely on cloud hashing because electricity is too expensive where they live.
231  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAX] MaxCoin on: February 04, 2014, 08:37:19 AM
A word of advice to the organisers of this project. I know it's not easy to keep everyone happy, but you can't allow a fear to regulate last minute decisions. You've made your decisions in good faith and reason, and you've communicated those outcomes to your audience, now you need to stick to your guns, come hell or high water.

There is no real substantial evidence that the fears of botnet mining are real. In fact, in the past, botnet operators have been honest about mining. Botnet operators have as much place in the cryptocurrency community as anyone, because they, just like anyone else who mines do the network a service by securing it. The network does not discriminate in this way, and neither should it. Any botnet operator will participate in the cryptocurrency economy if it is worthwhile.

The fact of the matter is this: CPU mining is the only true decentralised way we know of to distribute a coin as fairly as possible because anyone with a CPU can mine, and almost everyone has access to a CPU, whereas not everyone has access to a GPU. Don't screw the people who supported you up to this point and then end up locking them out of participating because of botnet fears (you'll just trade the fear of CPU centralisation for the reality of GPU centralisation). Where have we seen that kind of logic before?

Just my 2¢. No hate required. Smiley
232  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 08:01:29 AM
When I tried to apply this solution:

http://forum.ethereum.org/discussion/139/qt-widgets

I am getting:

Code:
***Unknown option -qt=qt5

Do you have qtbase5-dev and qt5-default installed?


Code:
sudo apt-get install qtbase5-dev qt5-default
233  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:55:17 AM
However, how am I supposed to start the client?
I am executing from the build directory
Code:
cd eth && ./eth
and the console got stuck at:

Might be easier to run the GUI client if you're just getting into it. It's called "alephzero".


Code:
cd alephzero && ./alephzero
234  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:52:42 AM
No LARPing on bitcointalk please.

I'm happy that I had to search for that to find out what it means. I have not slipped that far... I'm still okay.
235  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:51:25 AM
WTF? Where did all the info about the fundraiser go? Does it still exist?

This was literally posted a few posts up. There's also the "Investment FAQ" you can look at.


So how can I make an investment into this?

You can't make a contribution. The fundraiser has been postponed and no new date has been announced yet. Sign up for their mailing list and look on here for when we'll all go crazy when it's announced!
236  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:40:42 AM
I think we need to close this and move forward.

Out, ye Nxt demons! Cast them from this place, td services! Seal the portal while there is still time!
237  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:38:05 AM
Mastercoin to rule them all.

Mastercoin is amateur hour compared to what these folks have planned.
238  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 03, 2014, 06:29:46 AM
So how can I make an investment into this?

You can't make a contribution. The fundraiser has been postponed and no new date has been announced yet. Sign up for their mailing list and look on here for when we'll all go crazy when it's announced!
239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 02, 2014, 04:03:47 PM
IIRC someone mentioned that more information would be available around Feb. 20.

Do you know where? Don't how I missed it. xD
240  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 02, 2014, 02:53:51 PM
The initial IPO was postponed.
We will be able to invest in the IPO in 2~4 weeks - keep an eye on ethereum.org for official announcements.

Much later, you'll be able to mine ether when ethereum is launched.

Where did you get the 2-4 weeks number? I don't believe there's been any talk about a specific timeline.
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