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[tokeweed]

Possible short opportunity on ETH coming.  

Relevant link: "Ethereum's DAO Wars Soft Fork is a Potential DoS Vector"

But that noted, an ETH short is a risky bet because community sentiment seems to be solidifying in favour of a hardfork. To be frank, I don't know what's going to happen to ETH: the riskiness on both sides has gotten me leery. But then again, I'm not much of a trader.

Risk is always a factor in trading.  It's nothing new, and it won't really make sense if your trading decision changes because of it.  I mean isn't that what we trade for?  To take calculated risks...?

On another note, let's say Ethereum does the hard fork.  Will that stop people from attacking the network again?  The DAO hack was just a precedent.  Expect people to try these attacks again and again.  And if discovered and proven that the fundamental flaw is in Solidity itself, expect the worst.

[Nxtblg]

Risk is always a factor in trading.  It's nothing new, and it won't really make sense if your trading decision changes because of it.  I mean isn't that what we trade for?  To take calculated risks...?

Awright, then: too risky for my blood.

On another note, let's say Ethereum does the hard fork.  Will that stop people from attacking the network again?  The DAO hack was just a precedent.  Expect people to try these attacks again and again.  And if discovered and proven that the fundamental flaw is in Solidity itself, expect the worst.

I honestly don't know if the hard fork will stop any attacks: the soft-fork vulnerability was recently discovered. Hacking Distributed is prolly your best source on the subject.

http://hackingdistributed.com/

They're the guys who found the soft-fork vulnerability, so they're the best source to check.

[tokeweed]

A week in review.


DigixDAO:  Will a hardfork affect Digix?

Source


Ethereum:  Security Alert – DoS Vulnerability in the Soft Fork

Source


Lisk:  Early Adopter Bounties Distribution — June 26, 2016

Source


Stellar:  Making Blockchain Technology Real: Why We’re Giving Away Lumens

Source


Storj:  What is Storj? (Part 1)

Source


From what I gathered, there are still no signs of light from what I see on the Ethereum platform fiasco.  There was even a comment from someone that "This fiasco was engineered right from the beginning."  I guess there's no choice but a hard fork aka a roll back is needed then?  What do you guys think?   

[Foex]

Plutus... It finished yesterday

BCT Thread: https://bitcointalk.org/index.php?topic=1521838.0

[tokeweed]

Plutus... It finished yesterday

BCT Thread: https://bitcointalk.org/index.php?topic=1521838.0

I will look into that once it gets listed in an exchange.  I usually give new projects and platforms the benefit of the doubt, but it would be a big factor if it can maintain a decent amount of daily trading volume.

[ICOcountdown.com]

If anyone wants to see new and upcoming ICO's check out my site: http://icocountdown.com

You can also see all my due dillgence conducted at the top of the site or here:

https://medium.com/@icocountdown/

[tokeweed]

Peter Todd comments on Ethereum in an interview.  It's not good. 

Source

Cliff notes:

- Solidity has bizarre constructs

- Having that kind of flaw (in Solidity) causing the DAO bug seems bizarre

- Discourages clients to use Ethereum due to fundamental issues

- Ethereum environment difficult to write applications that will scale

- Dapps will have performance issues as the number of transactions go up

- Needs to move to a different model to scale up

[AceOfPentacles]

If anyone wants to see new and upcoming ICO's check out my site: http://icocountdown.com

You can also see all my due dillgence conducted at the top of the site or here:

https://medium.com/@icocountdown/

Thanks for the info, really good consolidated resource for an ICO newb like myself. Prior to this I was just on Smith&Crown.
Keep up the due diligence. I am tuned in!

[GreenBits]

I noticed the R3 consortium is going with its own proprietary block chain now. Was this the case before the DAO debacle, or is this a result?

[tokeweed]

I noticed the R3 consortium is going with its own proprietary block chain now. Was this the case before the DAO debacle, or is this a result?

I don't think R3 commited in using Ethereum.  Sure they did some tests and research using the platform, but I don't think they found it as something they would use.  R3 apparently hired Peter Todd as a consultant.  Please listen to the interview posted a couple of posts above.  He basically bashed Ethereum and Solidity specifically.

[GreenBits]

I noticed the R3 consortium is going with its own proprietary block chain now. Was this the case before the DAO debacle, or is this a result?

I don't think R3 commited in using Ethereum.  Sure they did some tests and research using the platform, but I don't think they found it as something they would use.  R3 apparently hired Peter Todd as a consultant.  Please listen to the interview posted a couple of posts above.  He basically bashed Ethereum and Solidity specifically.

Thanks man, laying next to the misses on the mobile so I can't play any sound ATM, but I will take a listen to this over my morning cup

[Nxtblg]

Peter Todd comments on Ethereum in an interview.  It's not good. 

Source

Cliff notes:

- Solidity has bizarre constructs

- Having that kind of flaw (in Solidity) causing the DAO bug seems bizarre

- Discourages clients to use Ethereum due to fundamental issues

- Ethereum environment difficult to write applications that will scale

- Dapps will have performance issues as the number of transactions go up

- Needs to move to a different model to scale up

Good summary, of the parts about Ethereum.

[tokeweed]

A Week in Review.

Bitshares:  Bitshares GUI release 2.0.160702

Source


Ethereum:  Vlad Zamfir's Thoughts On The Hard Fork

Source


Lisk:  Interview with Max Kordek

Source


Maidsafe:  Community Engagement Program

Source


NEM:  A Major Announcement

Source


Ripple:  Managing the Integration of Distributed Ledger Technology

Source


Storj:  Storj Labs adds Michael Cohn, Tyler Scriven and Warren Weber to Technical Advisory Board

Source


The DAO:  Vitalik Buterin weighs in on the ethereum blockchain hardfork options

Source


Waves:  Weekly development update

Source



I haven't read them thoroughly yet, although I came across a quote which I will post and attempt to discuss it later with you guys and will ask you what you think.

[tokeweed]

I came across a blog of Vlad Zamfir that said

If we place community cohesion above all of our other values, however, then in the long run it will be impossible to prevent a majority from controlling the protocol in a way that runs against our core values. If we place our values ahead of community cohesion, then when there’s an attempted majority takeover, or an irreconcilable difference in values between subsections of our community becomes evident, then the community will split and maintain separate blockchains.

My question is, isn't it the other way around?  By having a cohesive community you get a group that's easily manipulated by its leaders, while a more anarchistic group is very much harder to control and manipulate.

What do you guys think?

[tokeweed]

A quote from Mage's statement.

Source

Vitalik, you are what Charlie Lee is to Litecoin and Satoshi is to Bitcoin. You are the guidance, leadership, and vision to Ethereum. Being in such a position of power influences the future of Ethereum, to include forks. The mere suggestion to fork (short of a major bug in the base software) in your circumstance is irresponsible. Because you are the lead developer and creator, involvement of any type would again set a dangerous precedent in uncharted territories. This could have consequences worldwide in legislation, where I fear your actions today will be debated tomorrow in every congress in democratic states. A developer’s influence shapes a coin’s community and developers worldwide should stand up with me and announce their disapproval of any action on your part. Developing the code and throwing it into the wild in order for the community to decide whether to fork or not does not abstain you from the future of Ethereum due to your influence. Once the word “fork” leaves your lips for others to hear, you have already swayed the masses to a degree.

The program was set up as a contract, pointing to the code as the final word. Therefore, interpretations of the code (including bugs) are tantamount to the legalities of the “attacker(s)”.

In other words, I personally believe that the attacker was well within his rights to exploit this contract. And now the community suffers for a poor implementation of a contract.

I mentioned this before, we haven't heard from the attacker since the fiasco waned.  He could be a move or two ahead of Vitalik and co. and a hard fork will put them in more of a rut than out of it due to legalities.

The attacker may get no monetary reward from all this when lawyers get involved, but I don't think that's his (or their) primary objective.  As to what that is I don't really know.  The plot will thicken.

[tokeweed]

BTS and FCT are trying to breakout (again) on decent volume.  Let's see if this trends this time around.  I will post charts if I can later.  I have a cold at the moment.  So I'm staying in bed.  Hehe.

[tokeweed]

A Week in Review

Ethereum:  To fork or not to fork
Source

                 ConsenSys is Hiring!
Source


Factom:  Factom Series 'A' - Making The World's Systems Honest
Source


MaidSafe:  Dev Update 12th July 2016
Source


NEM:  Calling for Resources
Source


Ripple:  Watch Real Money Cross Borders in Real Time
Source


Storj:  Storj and Counterparty Test Near Instantaneous Bitcoin Micropayments
Source


Waves:  Public Full Node Release Candidate
Source


I'm thinking of adding LBRY, Synereo and Steemit on the list soon.  I'm still watching how much daily trading volume they average in the market.  If it's decent enough, I'll add them.

Edit:

I would like to add that BTS (Bitshares) and FCT (Factom) still look good to buy in my opinion.  They seemed to hit their lows and are looking to start trending up now.

BTS


FCT

[ttookk]

Wow… I had to doublecheck that those charts are not the same. Crazy.

[tokeweed]

Check out DGB on Poloniex.  It looks like it's going to breakout.  Keep in mind this coin's volume is on the lower side, so expect a faster run up.  I will post a chart later.

[tokeweed]

It's moving right now and poised to breakout barring a surge up in BTC.  If BTC continuous to go sideways/trend slowly down then getting in DGB now could make some profit.  But be wary, its volume is on the lower side but decent.  Be ready for any spikes up.

DGB