Bitcoin Forum
June 07, 2024, 11:32:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: The ethereum scam  (Read 1851 times)
Abiky
Legendary
*
Offline Offline

Activity: 3220
Merit: 1364


www.Crypto.Games: Multiple coins, multiple games


View Profile
March 07, 2016, 05:11:58 PM
 #21

Not ethereum,Only Rootstock — Smart Contracts on the Bitcoin Blockchain
As a concept the Rootstock [1] platform is one of those ideas that once it is proposed it is obvious that it is a great idea. Essentially Rootstock aims to be what Ethereum is, a decentralized, Turing-complete smart contract platform. However, Rootstock aims to utilize the Bitcoin ecosystem rather than creating a new one from scratch. The way this will be accomplished is via the still not fully implemented sidechains technology

Interesting. I have never found out that such possibility could exist within Bitcoin. Thanks for sharing this information. I will make a research about Rootstock. Seems that it could be a great platform for smart contracts/dapps.  Smiley

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
mangox (OP)
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
March 07, 2016, 09:12:16 PM
 #22

Quote

Rootstock
TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420
Merit: 262


View Profile
March 08, 2016, 12:25:33 AM
 #23


More flawed shit:

Next Paradox:

Rootstock comes up with smart contacts using bitcoin: ( I do not see any Casper in yet... and no PoS  :-)   )

https://medium.com/@CryptoIQ.ca/rootstock-smart-contracts-on-the-bitcoin-blockchain-e52b065421a8#.npkfpas4w

Side-chains are insecure. DOA.

To the BTC chain itself? IMO it lowers the complexity,...

The security is reduced to that of the weakest side chain.

So the pegging needs to be transient !

I have no idea what you mean. Chain reorganizations in the weaker chain can cause people to lose their Bitcoins. The chains can get out-of-sync. There is no way for a block chain to securely reference any data point outside of itself. This is fundamentally why Augur and BitUSD can't function without centralization.

Yes - agreed, but I mean rather it has no negative effect to the main chain, if you don't care using the side chain.

I think the insecurity of the side chain can wreck the Bitcoin block chain. If I am mistaken, I request someone to point out why.

Please see pages 8, 9, and 12 of the Blockstream side chains white paper. It says that the coins on the Bitcoin block chain can be unlocked by presenting a proof-of-work from the side chain, but that this can be invalidated by a longer proof-of-work. So this means that a lie-in-wait attack on the side chain could allow someone to unlock coins on Bitcoin's block chain, spend them, let others spend them in a fanout of derivative transactions, then reverse the Bitcoin transactions by presenting a longer proof-of-work from the side chain invalidating all those Bitcoin block chain transactions. In short, it seems to me a chain reorganization on the side chain can cause a chain reorganization on the Bitcoin block chain.

I am ready to go to sleep, so I am just skimming quickly with my re-reading of that white paper, so perhaps I missed something?

btcxyzzz
Legendary
*
Offline Offline

Activity: 888
Merit: 1000

Monero - secure, private and untraceable currency.


View Profile WWW
March 08, 2016, 12:31:44 AM
 #24

Ethereum is just another alt-coin pump and dump like all of the rest. And, let's be clear, on hype alone it will make a lot of people very rich; in the short term. Shocked Shocked Shocked

Hold on fellas. Magnitude of stupidity here is dangerous, it may cause cataclysm. Delusion and shallowness on a highest level possible, you should be ashamed.

Token Bubbles – Transforming the ICO Rating and Analysis Space.
The Sceptical Chymist
Legendary
*
Offline Offline

Activity: 3360
Merit: 6869


Top Crypto Casino


View Profile
March 08, 2016, 02:54:21 AM
 #25

I'll buy a little as it hits two dollar, what'd ya think?

Rather buy sub 2 dollars, it's never going back to 0.03 or even what it is now. it's dead.
Nigative, sir.  We are in a little dip and I suspect we'll recover.  I don't have much skin in the game anyway so I'm kinda just a spectator.  It is interesting, I'll tell you that.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Spoetnik
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


FUD Philanthropist™


View Profile
March 08, 2016, 04:52:05 AM
 #26

op is shorting decides to fud, what a fag.

Bitcointalk - Crying FUD for Bucks $

Free Market®

As in a centralized figure controlled IPO coin with a centralized gimmick with US Fed's compliant centralized trading exchange
all designed and engineered from the start to be nothing but a Digital Pyramid scheme.
WHILE it's run on a lawless Free Market® Cheesy

Talk about a perfect storm of Scam.

You can literally do or say anything collect your money and laugh your ass off.

Cry FUD more Kidiots.. it's the smart thing to do.

Shitcoins 2016 - Easiest way to get money in human history.

IPO  Cheesy

FUD first & ask questions later™
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!