https://blog.ethereum.org/2016/03/05/serenity-poc2/ more details here technical Serenity PoC2 Posted by Vitalik Buterin on March 5th, 2016. More precise validator induction rules – maximum 250 validators, minimum ether amount starts off at 1250 ETH and goes up hyperbolically with the formula min = 1250 * 250 / (250 - v) where v is the current active number of validators (ie. if there are 125 validators active, the minimum becomes 2500 ETH, if there are 225 validators active it becomes 12500 ETH, if there are 248 validators active it becomes 156250 ETH). When you are inducted, you can make bets and earn profits for up to 30 million seconds (~1 year), and after that point a special penalty of 100 parts per billion per block starts getting tacked on, making further validation unprofitable; this forces validator churn
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http://www.coinfox.info/news/5171-ethereum-founder-now-we-can-scale-the-system Ethereum founder: Now we can scale the system Founder of Ethereum Vitalik Buterin claims he has found the ultimate solution to the problem of scalability haunting cryptocurrency networks. That will be made possible with lightning networks and sharding. If ETH pulls this off, the world of crypto will never be the same.
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it was 1500 min, when i first heard. it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over.... we got 1200batches set aside for myself and a few friends. in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.
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Every seller can find a buyer at these prices, means theres been major accumulation going on at this range. ive been buyin before i go and got a few orders sitting lower. stocking up for pos for a while as i need to rotate my ETH every yr , if u know wot i mean. I also heard an awesome rumour, which may tempt me to buy quicker if its true..
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wow dont all type at once, we might end up ddos(ing) the forum,lol anyway, peeps pm me askin if this is a crash and how low can we go... 1, no this is not a crash...big boys still accumulating 2, no much, as weeks and months pass, more $$ will keep coming to ETH with general adoption from exchanges and users
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I"M BACK BABY!!!!!!!!!!!!!!!!!!
The fuck? I can't believe let's see how long i am tolerated. lol wb m8 , u gonna behave now..or u still a rebel without a cause,lol
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Last time I do this… just got a message from the beyond DUDE COINBASE VERRY LIKELY TO ADD ETH,LOL, oops caps by accident,lol. if eth / usd margin bitfinex this week, and coinbase do eth/usd, im goin 100% eth as it will only keep goin up from this week onwards imo, then i go on holiday with a big freakin smiley,lol BTW: Ethereum does not need a presence in BTT, its just a bonus… true
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Another two new dapps that have awesome potential..Makerdao and Dapple, along with Augur, Slockit and Plutus, things are looking real good for crypto 2016.
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need more eth man......i needs it reaaaal bad...cant sleep...need eth now...eth... 17k btc worth ETH for sale till new ath,lol...time to nom nom nom shoutout to the crew all ETHeads ....Ice Cube - Roll Call https://www.youtube.com/watch?v=q6zds_956No
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gona keep a lil eye on maid and storj now, seems to me the devs r on the same page as ETH ETH is changing the game big time, ETH margin USD this week sumtime, ETH VB at coinbase this week, and i think its this week he at microsoft dev conference.. with everything you're "into" not sure how you miss these guys... https://bitcointalk.org/index.php?topic=952619.msg14273230#msg14273230wbb - boom. tsktsk.... i like MAID a lot... im only in btc,eth and now thinkin of sum storj and maid...gd luck with wbb,never heard of it tbh..ill wait till it comes on azure,lol I remember seeing VB talkin about torrents and seeders getting paid for uploads...mayb this is where storj fits in... today i bought more btc.....so i can buy more ETH yeeeaaaaaaaaaaaaaaaaaaaaaaaaaaa if it comes on coinbase im 100% DUMPIN ALL MY BTC
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gona keep a lil eye on maid and storj now, seems to me the devs r on the same page as ETH ETH is changing the game big time, ETH margin USD this week sumtime, ETH VB at coinbase this week, and i think its this week he at microsoft dev conference..
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http://www.econotimes.com/Decentral-And-Ethereum-Canada-To-Host-Worlds-Largest-Blockchain-Trade-Show-in-Toronto-181888Decentral And Ethereum Canada To Host World's Largest Blockchain Trade Show in Toronto The event is being sponsored by TMX Group, whose subsidiaries include Toronto Stock Exchange and Montreal Exchange. "TMX is very excited to be part of this important event in Canada that will bring together the global finance community to discuss and demystify blockchain use cases, implementation strategies and solutions," said Jean Desgagne, President & CEO, Global Enterprise Services, TMX Group. More than 50 businesses will showcase industry-leading products and services during the event. This includes companies developing financial applications, trading platforms, digital wallets & ATMs, mining equipment, consultancy services, and protocols. The Expo will also feature two full days of educational talks and seminars from top industry leaders.
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just heard lil rumour , storj comin the ETH... apparently Vitalik was also an adviser for their whitepaper dunno too much details yet
Does IPFS directly compete with STORJ & MAID ? no idea m8 lol ok digging a bit deeper i find this... dec2014 by VB https://blog.ethereum.org/2014/12/31/silos/Room for Cooperation However, as was mentioned earlier, this does not mean that we should simply go our own way and try to ignore – or worse, actively sabotage, each other. Even if all of our projects are necessarily specializing toward different goals, there is nevertheless a substantial opportunity for much less duplication of effort, and more cooperation. This is true on multiple levels. First, let us look at a model of the cryptocurrency ecosystem – or, perhaps, a vision of what it might look like in 1-5 years time:
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