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Author Topic: Vitalik Buterin confirms another ETH hard fork  (Read 3060 times)
Shiroslullaby
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October 16, 2016, 01:55:57 PM
 #41

You can't really compare Bitcoin to any other coin. Things have changed so much over the last couple years.

Most people aren't creating coins because they want to advance the technology or give people an alternative to fiat currencies.
It's a business model. Developers are becoming millionaires. Every decision being made is to raise capital and increase profits.
If you think anyone is doing any of this for any reason other than to make money you're fooling yourself.

FruitBucket
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October 16, 2016, 04:48:31 PM
 #42

This hard fork shows that ETH was quite vulnerable to DDoS / Gas usage attack. What worries me is that ETH is not used that much yet. With more usage there will be more elaborate attacks, more computation etc. We could get into the same state as with the block size issue in Bitcoin were the network can not easily handle the load if ETH keeps growing.

Getmon
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October 16, 2016, 05:48:13 PM
 #43

This hard fork shows that ETH was quite vulnerable to DDoS / Gas usage attack. What worries me is that ETH is not used that much yet. With more usage there will be more elaborate attacks, more computation etc. We could get into the same state as with the block size issue in Bitcoin were the network can not easily handle the load if ETH keeps growing.

Is the ETH also vulnaerable to these kind of attack? Will ETC not fork in order to mitigate the attack?

MEGA

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bbc.reporter
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October 17, 2016, 05:51:29 AM
 #44

This hard fork shows that ETH was quite vulnerable to DDoS / Gas usage attack. What worries me is that ETH is not used that much yet. With more usage there will be more elaborate attacks, more computation etc. We could get into the same state as with the block size issue in Bitcoin were the network can not easily handle the load if ETH keeps growing.

There is also the blockchain size to worry about. Ethereum is just one big experimental platform if you think about it. The developers have no idea how to scale it, how to secure it and at what direction to take it in the long term. All they had was developer convention pony shows and fantastic promises. Also look at all the invested amounts in the Ethereum based ICO's. That is all bound to crash.

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Snorek
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October 17, 2016, 06:00:03 AM
 #45

It seems that ETH is doing one thing right. Developers have no problem with enforcing their way of thinking on the community.

If they want to do hard fork they just do it. With bitcoin it would take a months of discussion, talking about pros and cons and in the end community would still be divided.
Teraboy
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October 17, 2016, 06:00:18 AM
 #46

This hard fork shows that ETH was quite vulnerable to DDoS / Gas usage attack. What worries me is that ETH is not used that much yet. With more usage there will be more elaborate attacks, more computation etc. We could get into the same state as with the block size issue in Bitcoin were the network can not easily handle the load if ETH keeps growing.

There is also the blockchain size to worry about. Ethereum is just one big experimental platform if you think about it. The developers have no idea how to scale it, how to secure it and at what direction to take it in the long term. All they had was developer convention pony shows and fantastic promises. Also look at all the invested amounts in the Ethereum based ICO's. That is all bound to crash.
I just every someone is said more attack cen make the security are more strength. The limit of gas is under 1000000 and i just think will got more delay for tracting about the eth in this time, we are need more confirmation from vitalik about this. seems a lot of the ico are under the eth network is need for moving into the another database.  Cheesy
eaLiTy
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October 17, 2016, 07:16:50 AM
 #47

It seems that ETH is doing one thing right. Developers have no problem with enforcing their way of thinking on the community.

If they want to do hard fork they just do it. With bitcoin it would take a months of discussion, talking about pros and cons and in the end community would still be divided.

this is the difference between bitcoin and rest of the coins in the market,people has invested money into these and they have to take decisions carefully,everything depends upon what the core DEV decides ,monopoly has being the core of ETH. Tongue
Getmon
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November 03, 2016, 09:31:43 PM
 #48

It seems that ETH is doing one thing right. Developers have no problem with enforcing their way of thinking on the community.

If they want to do hard fork they just do it. With bitcoin it would take a months of discussion, talking about pros and cons and in the end community would still be divided.

this is the difference between bitcoin and rest of the coins in the market,people has invested money into these and they have to take decisions carefully,everything depends upon what the core DEV decides ,monopoly has being the core of ETH. Tongue

But that happens to the bitcoin as well. The Core developers have rejected many community requests.

MEGA

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ratatatat
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November 03, 2016, 09:42:29 PM
 #49

It seems that ETH is doing one thing right. Developers have no problem with enforcing their way of thinking on the community.

If they want to do hard fork they just do it. With bitcoin it would take a months of discussion, talking about pros and cons and in the end community would still be divided.

Look at the shitcoins - they're all doing it right then. You can fork twice a week if your network doesn't have any value and nobody will care. Shitcoins for the win.
mining1
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November 03, 2016, 09:49:35 PM
 #50

Lol poor trolls are desperate to get into ETH so they just FUD. ETH is light years above other cryptos, both in real usage ( not just speculation ), except for bitcoin since probably ~5% of it's volume is actually used as currency for buying and selling things.
This is one example of how blockchains will be used in the near future, building dapps and anything that crosses your mind https://www.bourse.lu/blockchain-press-release
P.S : eth is extremely cheap now, in few weeks after the zcash speculation will calm down the money will flow back from zcash to eth, same for the bitcoin pump, so it will be 12-14$ in max 4 weeks. Also the ddos is over, and with the upcoming fork it will be really expensive to ddos so that's a long term solution.
ratatatat
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November 03, 2016, 09:51:52 PM
 #51

Lol poor trolls are desperate to get into ETH so they just FUD. ETH is light years above other cryptos, both in real usage ( not just speculation ), except for bitcoin since probably ~5% of it's volume is actually used as currency for buying and selling things.
This is one example of how blockchains will be used in the near future, building dapps and anything that crosses your mind https://www.bourse.lu/blockchain-press-release

Buy a bag of dicks you say?

Spoetnik
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November 04, 2016, 02:30:47 AM
 #52

@Minecache
You say that.. as you quote me LOL

@mining1
No we "Trolls" are not desperate to "get into ETH"
I'd rather be raped by ET thanks  Grin
ET = tweakin' on mETH Fuel tokens.

What? i want to be like Fraudcache and bag hold ETH hoping i can break even one day ?
Hey ICO scam coin ETH fraud's no ETH is not light-years above other "cryptos"
..what ever the fuck that means  Roll Eyes

I think you are implying Ethereum is a plausible competition to Bitcoin etc.
Problem is.. it's not a currency at all.. just a convoluted buggy app's platform thingy.

Notice how Steem stole your thunder then Monero and more recently Zcash ?
Nobody gives two shits about your stupid ICO scam coin bullshit.

PS:
ANOTHER FORK ROFLCOPTER !!11



I think Butters is gearing up to dump again  Roll Eyes

PPS:
You know your trippin' balls tweakin' rollin hard on mETH when..
Your head looks like a chopper from the old TV show Airwolf !

FUD first & ask questions later™
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