funding for this seems kinda shady with the founder's reward
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What the young man is unable to comprehend is that an immutable, non-reversable blockchain is more valuable than fixing a $60 million loss for people who actually deserved it due to negligence and an inability to put forth proper security protocols while having a fiduciary responsibility to ensure the funds safety.
Lehman Brothers, Bear Sterns come to mind.
I am sure to Vitalik, $60 million is a lot of money and he wants 'to do the right thing.' What he has done however is unwittingly and unknowingly removed himself from the helm of Ethereum. Ethereum simply can't be trusted any longer as its community may reverse transactions that "have been executed by Muslims, or French people or maybe blacks," especially if the 51% consensus is a gathering of 19-32 year old white males? Where does it end?
It ends with Ethereum Classic. Kudos to the visionaries who understand that the betterment of the many lies in an immutable blockchain which stands the chance to make trillions.
Subsidizing idiocy is not a valuable proposition.
how did race/religion/ethnicity enter the equation? you're making a decent argument about immutability. don't let your regressive leftism ruin your argument.
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i thought it said vaporWAVES at first
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I wouldn't be quick to judge as of yet. But I am not too impressed with their team: http://wavesplatform.com/#daTeamBut let's wish them the best of luck nevertheless and congrats to a successful ICO. did you watch Tai Zen's interview with Sasha? Tai made several videos about Waves worth watching. Also, Waves' whitepaper was fairly lacking. Impressive ICO, yes, and if it can improve blockchain world, great. im not saying they cant succeed, just that the risk/reward looked poor at end of ICO. i have a hard time rationalizing why Waves market cap should be more than Lisk (and i think Waves market cap should be less than Lisk), yet the ICO raised about half the value of Lisk's market cap. then again crypto world aint always rational! so it'll be fun to see this play out.
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Didn't Amir Taaki mention he was developing something like a DAO but for the government? Then he was nowhere to be found after that... It's been a coupleof years now.
i remember him working on dark wallet with cody wilson.. they made a cool video that vitalik was in.. not sure what happened with that project tho.
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if you think you're gonna get paid the ridiculously high prices that augur IOUs are going for on gatecoin, think again.
it's comparable to the lisk IOUs on YoBit going for like $8/lisk or something crazy lol
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heh, i would have posted this video if i were trying to convince someone to not buy waves. at a certain point (like we saw with DAO), an ICO can raise too much relative to its potential, which results in sub-ICO prices. i think waves is gonna be close. kind of hilarious that sasha said they will use ICO money to form a buywall at ICO price and below looooooool.
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i always thought it'd be cool if you could select where your tax dollars go. cuz the people voting for high levels of theft and entitlements aren't paying any taxes, or less than average, on average.
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i dont think most people who bought into this understand anything about it. the platform does a subset of what NXT does, whereas something like ethereum is a generalized version of it. waves raised over twice what lisk raised, yet does far less. gonna be fun watching this play out. i think this was mostly an ico fomo buy.
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lol
i think waves ico raised too much and the platform does too little
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when they gonna Make Litecoin Great Again?
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I can't read your post just because of how stupid it is.
mock me all you want--I'm right. rebrand this coin and its market cap will 2x.
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THIS COIN NEEDS TO REBRAND. MAIDSAFECOIN?? DUMBEST NAME IN ALL OF CRYPTO. I DONT THINK I CAN BUY IT JUST CUZ OF HOW STUPID THE NAME IS.
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why do exchanges require HUNDREDS of confirmations for your shitcoin? oh right, cuz 1 confirmation from your shitcoin doesnt mean shit. shorter block time doesnt decrease the time required to be confident in the transaction.
current solution to block size issue: higher fees. i've had no problem paying a few pennies extra.
segwit will be here soon. sharding will never come to fruition.
no it wont shitcoin pumper. the block size issue really only affects micropayments (or people who pay too small fee).
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that marketwatch article nailed it--ethereum is a solution seeking a problem.
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Basically the dao is people investing $130+ million on improving the ethereum blockchain.
it has nothing to do with improving the ethereum blockchain. the purpose is to raise money for projects built on ethereum where the investors have less control over their money than a regular ico. Ethereum now has an investment fund bigger than the market caps of most other crypto currencies.
which you can withdraw from.. at least you've realized it's not a crowdfund. It is time to dump your shitcoins for ETH before you get left in the dust.
it's actually time to get your eth ready to dump lol. as soon as the crowdfund is over, while you might have a short media pump, the thing is gonna dump hard.
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if we miss the crowdsale, will the tokens still be available to trade on poloniex or other exchanges?
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Did Vitalik sell for fiat or for BTC?
both, mostly fiat i believe, trying to find the quote
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