With POS, we will see constant downtrend, bcoz Top Holders will dump for Profit, until we see any development or uses that drive the price higher. Till then Downtrend will continue.
I think you need too learn some mathematics, currently 1 million Ethereum are produce each month - this finishes in March 2017. This equates to 33,333 ETH are produced each day and at a guess up too 70% are sold on each day or 23,333 ETH too investors. Proof of stake at 1% per annum is 90,000 ETH, increasing in long rung, so the the 1% would need some modest reductions to not runaway with the effects of compound interest. 7500, ETH a month, which works out at 250 ETH a day! Yeah, who actually going to sit there and claim the crypto market can't absorb 250 ETH each day? LOL I agree, it's easy to absorb it as the price approaches $1
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But what if he does send segwit and receiver isn't expecting it?
How would he be doing this? You at least need to know the public keys of your recipient to craft the output yourself. Neither P2PKH nor P2SH output scripts give you that information. Same with the native SW outputs. The only way you got to do this is by lifting the public keys of your recipients known addresses from the blockchain. There is no mechanic in the bitcoin protocol to prevent someone from spending coins to whatever script they want, but that's basically the same as black-holing coins at this point. If you are afraid your wallet will do this with your coins, that's not how it's supposed to work at all. Oh ok, then how would he send a segwit? Do I need to give him other info than a 3* address?
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how does the sender know whether to send std outputs or SW outputs to that p2sh address?
A p2sh address specifies that it must always send normal p2sh outputs. There is no need to send a segwit output (and in fact impossible to with p2sh) to a p2sh address. The segwit output is nested as the script of the p2sh address and that is for the receiver to deal with. But what if he does send segwit and receiver isn't expecting it? Will you have to redeem it with another wallet to recover it?
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ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.
What is the problem of POS? inflation? That plus it's the definition of a ponzi. The top holders will get free tokens for life at the expense of new entrants and then constantly dump on new investors. I don't think you know what a ponzi scheme is, then. From Wikipedia: A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.Given this actual definition of a ponzie scheme, how exactly is PoS implementation on a public blockchain a ponzi, and how does that make "Vitaly a criminal"? Note: I'm not expecting bitpop to actually be able to answer this. Rarely, in the face of rational and logical reasoning, has he been able to say anything that amounts to more than just fud. is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
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ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.
Should forks be justified by the need to eliminate issues in the code, ETC will have them too. vitalik is a weird guy though Im not sure if he personifies a criminal intent. Its not vitaliks coin after all, hes part of a bigger insider machine which has a lot of moving parts. It's true that he's the public face and unfortunately the fall guy
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ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.
What is the problem of POS? inflation? That plus it's the definition of a ponzi. The top holders will get free tokens for life at the expense of new entrants and then constantly dump on new investors.
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Why is it going up so fast? Did i miss something?
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. What is to the huge amount the DAO hacker guy got? Is that a problem for etc or not? I like ETC more because of no hf, but is there enough support behind? the ETH team is one of the biggest dev teams i know. and for etc i dont even know what going on tbh There's a lot of development, whiteorg posted a lot of good info above
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ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.
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Why is it going up so fast? Did i miss something?
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin.
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If the P2SH is a nested SW script, that's the idea.
but if the p2sh address you supply to a sender is standard and doesn't involve a nested SW script, sender could still inadvertently (or intentionally) send you SW outputs since the 3* address is essentially just a hash, no? No, that is not how segwit works. The sender does not know whether a p2sh address is for a nested segwit output, a multisig, or some other script. Whatever that is, it does not matter. They will create a normal p2sh output. The receiver must know how to spend from that p2sh output. The p2sh output cannot become a p2wsh (basically segwit p2sh). The sender should not assume that any address that they get should be used as a segwit output and not the normal output format for that type of address. So how do we tell senders?
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Vitalik is a criminal running this scam
You sound like Vitalik molested you when you were a kid ......or was it someone else ? Youre in here every day bitching about ETH when you could just fuck off and do something constructive................... on the ETC forum ..... The only reason anyone spams against a coin as hard as you do is because they have an agenda .... (like kwukduck and talkscheep FUDDING bitcoin everyday for years lol ) Yes my agenda is immutable blockchains
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When Garza met Fraser, Garza was in high school, and Fraser was a powerful investment banker
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Going full short as always on ethf
does ETC not have its own thread ? This thread is etc
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Etc holding steady. Ethf dumping still
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Going full short as always on ethf
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