Bitcoin Forum
November 17, 2017, 09:40:02 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Why Bytemaster Likes Ethereum  (Read 577 times)
StanLarimer
Hero Member
*****
Offline Offline

Activity: 504


View Profile
December 30, 2015, 05:05:39 PM
 #1




Why I like Ethereum

Posted by Daniel Larimer on  December 30, 2015.

I have said many negative things about Ethereum in the past, but today I would like to change that. Due to recent disputes within the BitShares ecosystem I have come to appreciate a certain qualities of Ethereum that the BitShares community could learn from.

Read the rest here...


1510954802
Hero Member
*
Offline Offline

Posts: 1510954802

View Profile Personal Message (Offline)

Ignore
1510954802
Reply with quote  #2

1510954802
Report to moderator
1510954802
Hero Member
*
Offline Offline

Posts: 1510954802

View Profile Personal Message (Offline)

Ignore
1510954802
Reply with quote  #2

1510954802
Report to moderator
Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510954802
Hero Member
*
Offline Offline

Posts: 1510954802

View Profile Personal Message (Offline)

Ignore
1510954802
Reply with quote  #2

1510954802
Report to moderator
1510954802
Hero Member
*
Offline Offline

Posts: 1510954802

View Profile Personal Message (Offline)

Ignore
1510954802
Reply with quote  #2

1510954802
Report to moderator
tokeweed
Legendary
*
Offline Offline

Activity: 1582


Love, Life and Laughter...


View Profile
December 30, 2015, 09:00:28 PM
 #2

I guess the Bytemeister finally found an angle and could profit from the Ethereum craze huh?  Hahaha..  Next time it's better not to comment.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
December 30, 2015, 09:25:27 PM
 #3

Evolving but too slow both of them.

tokeweed
Legendary
*
Offline Offline

Activity: 1582


Love, Life and Laughter...


View Profile
December 30, 2015, 11:22:12 PM
 #4

I guess this cements the fact that Ethereum could be the future then?

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
DecentralizeEconomics
Legendary
*
Offline Offline

Activity: 1022


White Male Libertarian Bro


View Profile
December 30, 2015, 11:33:42 PM
 #5

Quote
"Why Bytemaster Likes Ethereum?"

Wait!  I know this answer!  It's because he dumped all his Bitsnares on the lackies and threw it all into Ethereum while still retaining the IP via Cryptonomex!  PROFIT!

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
StanLarimer
Hero Member
*****
Offline Offline

Activity: 504


View Profile
December 31, 2015, 03:20:54 AM
 #6

Actually, as far as I know he owns only Graphene blockchain tokens and all the Graphene IP is in the public domain.

And no, he likes BitShares even better (or he would have built Ethereum in the first place.)

That doesn't mean that a DNA swap wouldn't produce a stronger hybrid strain.

 Smiley
tokeweed
Legendary
*
Offline Offline

Activity: 1582


Love, Life and Laughter...


View Profile
December 31, 2015, 03:25:05 AM
 #7

I'm all for it.  But why make negative comments then retract them?  It solidifies the fact that Ethereum could be the future and everyone wants a piece of it.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
DecentralizeEconomics
Legendary
*
Offline Offline

Activity: 1022


White Male Libertarian Bro


View Profile
December 31, 2015, 05:37:12 AM
 #8

Actually, as far as I know he owns only Graphene blockchain tokens and all the Graphene IP is in the public domain.

Let me rephrase it then...

It's because you, his mother, your Chicom backers or whatever legal entity you used to obscure the majority of your holdings dumped all his/hers/its Bitsnares on the lackies and threw it all into Ethereum.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
StanLarimer
Hero Member
*****
Offline Offline

Activity: 504


View Profile
December 31, 2015, 04:13:28 PM
 #9

I'm all for it.  But why make negative comments then retract them?  It solidifies the fact that Ethereum could be the future and everyone wants a piece of it.

Well, if you know Bytemaster, you know that any comments he makes, good or bad, are with little thought to the political consequences.
Thus you will never find a negative comment for negativity's sake.

We've been trying to get him to altogether avoid saying anything "helpful" that might be perceived as negative about any other project. Unfortunately he is always itching to share his insights and opinions on everything.  If we catch it in time, we have a specialized facility where we spray him with a cold fire hose until the urge passes.


Since he had something nice to say about Ethereum, he went ahead and said it.

This does not mean that we see the need for a scriptable blockchain as universal.

For public chains, scripting has the important advantage that anyone can add functionality without needing anyone else's permission.

For private chains, where you have complete control over upgrades, you can hard-fork in changes using any popular language you want without incurring a performance penalty.  Thus, we would always recommend Graphene, or better yet its Plasma spinoff, for private chains. Since we see private chains as the larger growth industry, we are focusing some of our future investments there.

BitShares is an example of a public chain with most of the benefits of a private chain upgrade strategy.  As long as its elected operators take a neutral stance about allowing properly vetted updates to be included without hassle, there is no great flexibility gain for having scripting and there is a real-time performance penalty we want to avoid.  So the rest of our future investments are still going into building applications on top of BitShares, since we remain confident they will be installed by its elected operators without issue.

Every type of smart contract that becomes popular can be implemented this way, so the only limitation is the ability to test unproven scripts on the production chain.  That's probably not a generally good idea anyway, and not something we want to give up light speed for.

However, there is a portion of the still evolving BitShares community that doesn't like neutrality all that much and does seem to like to challenge every new addition based on their own personal policy preferences.  You can see they are being directly addressed in the OP referenced Bytemaster's Blog article - by holding up Ethereum as having the right attitude about platform neutrality.

If that non-neutral attitude were to ever become influential, then BitShares might need to adopt the Ethereum approach.  We might adopt it anyway if someone wanted to fund a real-time version of it, just for smart contract cross-compatibility with Ethereum developers.

If we did decide to add scripting, then we certainly admire the work that has been done at Ethereum and would probably try to adopt as many of their standards as possible.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!