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I'm a very procedural programmer, so I am having trouble wrapping my head around your contracts system because it seems to be very abstract.
Can you please explain in more detail (preferably with an example) of how to make a useful contract in more of a real world scenario? Since it obviously can't do anything useful inside the ethereum network without also communicating outside of the network?
If it snows more than 2 inches on thursday or Friday, buy two lift tickets for Saturday at the ski resort. If my favorite sports team wins the wednesday game, buy 2 tickets in Section C rows 10-16 for the friday game. If a samsung galaxy tab 2 is offered at ebay for < $x, buy it. |
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To bring back sanity to this discussion, this is why Ethereum needs all the money they will raise. All power to them. Vitalek please use the money wisely and stay in charge of Ethereum fully and all the way. http://blog.ethereum.org/?p=53/ethereum-now-going-public"We will be able to develop fully functional and robust Ethereum clients with as little as 500 BTC funding with current rates; basic implementations in Go, C++ and Python are coming close to testnet quality already. However, we are seeking to go much further than that. Ethereum is not "just another altcoin"; it is a new way forward for cryptocurrency, and ultimately for peer-to-peer protocols as a whole. To that end, we would like to be able to invest a large quantity of funds into securing top-notch talent for improving the security and scalability of the Ethereum network itself, but also supporting a robust Ethereum ecosystem hopefully bringing other cryptocurrency and peer-to-peer projects into our fold. We are already well underway in talks with KryptoKit, Humint and OpenTransactions, and are interested in working with other groups such as Tahoe-LAFS, Bitmessage and Bitcloud as well. All of these projects can potentially benefit from integrating with the Ethereum blockchain in some fashion, simply because the layer is so universal; because of its Turing-completeness, an Ethereum contract can be constructed to incentivize nearly everything, and even entirely non-financial uses such as public key registration have extremely wide-reaching benefits for any decentralized cryptographic product that intends to include, for example, a social network. All of these projects will add great value to the Ethereum ecosystem, and the Ethereum ecosystem will hopefully add great value to them. We do not wish to compete with any organization; we intend to work together. Throughout the fundraiser, we will be working hard on development; we will release a centralized testnet, a server to which anyone can push contracts and transactions, very soon, and will then follow up with a decentralized testnet to test networking features and mining algorithms. We also intend to host a contest, similar to those used to decide the algorithms for the Advanced Encryption Standard (AES) in 2005 and SHA3 in 2013, in which we invite researchers from universities around the world to compete to develop the best possible specialized hardware-resistant, centralization-resistant and fair mining algorithms, and will also explore alternatives such as proof of stake, proof of burn and proof of excellence. Details on this will be further released in February. Finally, to promote local community development, we also intend to create public community hubs and incubators, which we are tentatively calling "holons", in several cities around the world. The first holon will be based inside of Bitcoin Decentral in Toronto, and a substantial portion of Ethereum development will take place there; anyone who is seriously interested in participating heavily in Ethereum should consider giving us a visit over the next month. Other cities we are looking into include San Francisco, Amsterdam, Tel Aviv and some city in Asia; this part of the project is still in a very early phase of development, and more details will come over the next month." [/b] |
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You can just buy XRP for Bitcoin within ripple :-)
Whether the exchange rate is ok to you probably depends on the amount that you want to buy, though.
Onkel Paul
How? Are you saying I can send bitcoin from a bitcoin wallet direct to my ripple account? |
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I think this is the only coin with a mining strategy that is actually good for the planet and humans.
not simply burning electricity
Just checked the website and "World Community Grid" etc.
You actually provide you processing power to research on cancer, AIDS, etc. << how b e a u t i f u l is that
It would be more impressive if they gave away more than 1,000,000 XRP per day for this because there are 100 billion XRP in existence. So, they are giving away 1/100000 or 0.00001 or 0.0000001% of the total XRP in existence per day. 0.00001 = 0.001% and that is pretty good. They are giving 1/100,000 of their total wealth away each and everyday. In 3 years they will have given away, 1% of the total wealth only through this method (World Community Grid), and they need money for hiring , marketing and building the network too. By the way they are increasing the give away regularly. It's now 1,250,000 XRP each day. |
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I invested $5,000 during the launch of Ripple, honestly if i had used that same cash on WDC that was selling then @ $0.02 you all know what returns i will have now on my money, but ripple is more focused on the big investor Google Venture. I lost hope when i saw this tweet #1 mission of @RippleLabs is not #XRP value, but to advance @Ripple #protocol as payment system, making money transacting as easy as #email and i sold all my XRP. https://twitter.com/XRPRipple/status/413372728914108416That's number 1 mission. Number 2 mission is to increase XRP valuation which is mostly done by doing a good job in number 1 mission. |
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I had 40K ripple. I tried to move it to my WeExchange account. It "got lost", and was never seen again, despite transaction confirmations and info.
Generally you cannot send Ripples to gateways because gateways do not want to act like Ripple wallets, you need to send USD or Bitcoin equivalent from your Ripple account. If you contact WeExchange with date and transaction info they should be able to send your Ripples right back. But for them to do this, you first need to open in your Ripple account a Trust line with them (ask them for their Ripple Trustline address or something named like that). The trust line must be equal to or more than 40K ripples so your Ripple account can accept funds from them. |
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If you have Bitcoin, here is an easy way to buy XRP: Go to https://www.ripplewise.com/Type in the amount of $ you want to spend, it tells you how many bitcoin that is and how many XRP you will get Type in your Ripple address and email Click Issue Invoice You have 15 or 20 min to send the amount of Bitcoin to the Bitcoin address in the invoice Shortly after you will get XRPs in your account I have used it twice successfully I think this is the easiest way to buy XRP by Bitcoin. |
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My experience with Coinbase has been positive. I think it helps if we realize we are dealing with emerging technology, volatile markets and startup companies who have to deal with 100,000s of over-excited clients. It serves us all better to show more understanding and patience.
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Let's say the total wealth of the world is going to be $700 trillion dollars by the year 2020 when Bitcoin will be the world currency. So theoretically a BTC could be worth ($700T / ~20M BTC =) $35 M. But this is not a max, as the world's wealth increases so does the value of BTC.
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I have not. Is that a problem that bothers the old-timers!?  No not at all, fresh meat! Seriously this particular sub-forum is nearly as bad as the troll box on BTC-e for accurate info. ~BCX~ I see. A post on phishing ads on Fb is a troll but your posts are not! |
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People become smart and watch after themselves by getting the info they need on forums like this. Oh jeez, you obviously haven't been around this particular sub forum too long have you? ~BCX~ I have not. Is that a problem that bothers the old-timers!? |
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People become smart and watch after themselves by getting the info they need on forums like this. |
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Be aware!!! There is a Phishing ad on Facebook, it takes you to this site in Brazil but it looks exactly like the MTGOX site: mtgox.com.bz/login/ It asks you to log into your account for a reward of 0.5 to 0.7 BTC. I have a screen shot but not sure how to insert it between these tags!? Done! thanks Scott J.  |
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Therefore, the eventual total number of 21 million Bitcoins = 21 trillion dollars
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Can someone pls explain how this authentification system is installed?
Google search only shows that it s an authentification system to access your google mailbox.
No info on how it relates to other sites like bitcoin-central etc
I dont use mtgox
You have to see if your Wallet provider supports Google Authenticator. mtgox does. From Google Play (App store) download/install Google Authenticator on your mobile. It works similar to a secureID which adds another layer of security, so after login to your mtgox account as an example, it asks for the code that is displayed on Google Authenticator, a code that changes every 30 or 60 seconds. |
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i like cheese
I had cheese for dinner. That's all I had. |
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