Proposal: rename altcoin discussion to sour grapes discussion

[stoat]

It's still not too late.  Ethereum is still in single figures.  By next month it will be double figures, and so on and so on.

Dump your shitcoins with no innovation and pathetic developers. And get on board with the next generation of the crypto boom.

We can change the world and if you get in early you can make a profit at the same time.

Ethereum is the most exciting thing to happen in crypto for 5 years. 

[stoat]

Looks like ethereum already won the battle of the altcoins.

Just a matter of time before it challenges bitcoin for the number 1 spot.

[benthach]

enjoy it now while it last buddy as it is not going to last that long with your shit nonsense get rich scam coin.





















edit; i see others so call platforms like record keeping factom and storage platform like maidsafe are chasing your ass now
these dumb morons must not realize there are ton of others scam platforms and smart contracts out there

[stoat]

enjoy it now while it last buddy as it is not going to last that long with your shit nonsense get rich scam coin.

Why are you so bitter? What grudge do you hold against ethereum?  Did your own copy and paste shitcoin not take off? Did you incest in litecoin?  Or did you incest in ripple?

[Redrose]

Looks like ethereum already won the battle of the altcoins.

Just a matter of time before it challenges bitcoin for the number 1 spot.

I would not like to be a bit disappointing but I will be. Face it : Ethereum will never surpass Bitcoin. Why would it will, when Bitcoin is being accepted more and more and is WORKING ? Even if I am an Ethereum supporter too, I have to admit that without a working noob-proof GUI wallet, Ethereum will only conquer banksters' heart .

[benthach]

enjoy it now while it last buddy as it is not going to last that long with your shit nonsense get rich scam coin.

Why are you so bitter? What grudge do you hold against ethereum?  Did your own copy and paste shitcoin not take off? Did you incest in litecoin?  Or did you incest in ripple?

there is no reason for me to bitter or laugh at your crap, i have seen many of it already. i know soon or later your shitcoin and you would be down to your knees. i would have to say it's annoying.

[GTO911]

Lol stoat is so desperate to get rich quick, he gets wet dreams about it

[stoat]

enjoy it now while it last buddy as it is not going to last that long with your shit nonsense get rich scam coin.

Why are you so bitter? What grudge do you hold against ethereum?  Did your own copy and paste shitcoin not take off? Did you incest in litecoin?  Or did you incest in ripple?

there is no reason for me to bitter or laugh at your crap, i have seen many of it already. i know soon or later your shitcoin and you would be down to your knees. i would have to say it's annoying.

So why are you constantly making threads spreading pointless FUD about ethereum?

You seem pretty bitter to me

Bitchcointalk subforum sour grapes discussion.

[TPTB_need_war]

So why are you constantly making threads spreading pointless FUD about ethereum?

Yeah why are you doing that stoat?

And you are lying about my identity and have refused to retract your slander, when I am clearly not the two users you accused me of being and I have even shared my LinkedIn photo and identity.

Why can't you admit that Ethereum's developers suck and after $millions wasted, they still have not solved the most fundamental issue that must be solved in order to make scripting on a block chain work?

The technological challenge with a long-running script on a block chain is verification. The gas (and txn fees) are paid to the winner of the PoW block, not to all miners, but all miners (full nodes) have to endure the SAME cost of verification. Yet not all miners have the same hashrate, thus not all miners have the same income per block. Thus some miners recoup less of their verification costs than other miners. As I explained in greater detail, this forces mining to become 100% centralized in one miner with 100% hashrate.

Ethereum is off on another tangent named Casper, with shards, consensus-by-betting, etc, which is another hopeless and futile attempt to solve a problem that CAN NOT BE SOLVED BECAUSE OF THE INVIOLABLE CAP THEOREM!

Ethereum will never solve this problem and remain decentralized. Never. Thus all the scripts and products being built on top of Ethereum are headed to failure when Ethereum fails to solve the scaling problem of verification in a decentralized manner. Because centralization of scripting is meaningless, we always had that already.

I have solved the problem because I realized verification MUST be centralized (due to the inviolable CAP theorem and the correct understanding that a 100% decentralized system can not solve the Byzantine General's Problem), and thus I instead designed a way to control the centralization of verification with decentralized PoW miners (because each user submits a PoW share with their txn and because PoW mining is rendered UNprofitable for all parties).

So who will be the winner of everything? Me. Not Ethereum. Not to mention that marketing plan is light years ahead of any altcoin, because I will market directly to the millions of masses and achieve millions of adoptions (and be the first coin to do so).

Look I was there at the beginning telling Charles (one of the guys who founded and organized the creation of Ethereum) in Skype that Vitalik's PoW algorithm could be parallelized thus not CPU only, telling him that they could not solve the fundamental problem above, and telling him that they were going to raise too much $ with too many mouths to feed and still wouldn't solve the fundamental problems. Originally Charles was recruiting me to form this company, not Vitalik. But I balked and said I didn't want to raise all that money and I didn't want to start something until I was sure I had solved all fundamental issues. If you don't believe me, go ask Charles.

All the gory details about Ethereum's technical incompetence are here:

https://www.reddit.com/r/ethtrader/comments/42rvm3/truth_about_ethereum_is_being_banned_at/

Enjoy the Ethereum pump while it is hot and while people are ignorant of the truth about the technical incompetence of the Ethereum developers. Eventually the truth will come out and especially when my white papers and coin are released.

Edit: r0ach has also explained what I've been pointing out about Ethereum for more than a month.

[Come-from-Beyond]

Ethereum is off on another tangent named Casper, with shards, consensus-by-betting, etc, which is another hopeless and futile attempt to solve a problem that CAN NOT BE SOLVED BECAUSE OF THE INVIOLABLE CAP THEOREM!

Casper adds Game theory into the mix. You can fool lightweight nodes, but you will lose a lot of money after that. Security deposits solve a lot of problems in real world.

[TPTB_need_war]

Ethereum is off on another tangent named Casper, with shards, consensus-by-betting, etc, which is another hopeless and futile attempt to solve a problem that CAN NOT BE SOLVED BECAUSE OF THE INVIOLABLE CAP THEOREM!

Casper adds Game theory into the mix. You can fool lightweight nodes, but you will lose a lot of money after that. Security deposits solve a lot of problems in real world.

Proof-of-cheating (or by any other name) backed by deposits, is a game theory that leads to centralization. Think it out. It is not really that hard to show that. It has analogous flaws as PoS.

Edit: for n00bs, note that by definition if we will use proof-of-cheating with deposits in Casper (along with consensus-by-betting) to rely on some limited number of nodes with deposits to verify the block chain for us, then those masternodes have the same economic problem that I explained in my prior post and thus the one with the most income is the winner take all, i.e. 100% centralization. There is simply no way to avoid centralization of verification. The solution is the one I have designed and explained and which Ethereum is not implementing.

[stoat]

So why are you constantly making threads spreading pointless FUD about ethereum?

Yeah why are you doing that stoat?

And you are lying about my identity and have refused to retract your slander, when I am clearly not the two users you accused me of being and I have even shared my LinkedIn photo and identity.

Why can't you admit that Ethereum's developers suck and after $millions wasted, they still have not solved the most fundamental issue that must be solved in order to make scripting on a block chain work?

The technological challenge with a long-running script on a block chain is verification. The gas (and txn fees) are paid to the winner of the PoW block, not to all miners, but all miners (full nodes) have to endure the SAME cost of verification. Yet not all miners have the same hashrate, thus not all miners have the same income per block. Thus some miners recoup less of their verification costs than other miners. As I explained in greater detail, this forces mining to become 100% centralized in one miner with 100% hashrate.

Ethereum is off on another tangent named Casper, with shards, consensus-by-betting, etc, which is another hopeless and futile attempt to solve a problem that CAN NOT BE SOLVED BECAUSE OF THE INVIOLABLE CAP THEOREM!

Ethereum will never solve this problem and remain decentralized. Never. Thus all the scripts and products being built on top of Ethereum are headed to failure when Ethereum fails to solve the scaling problem of verification in a decentralized manner. Because centralization of scripting is meaningless, we always had that already.

I have solved the problem because I realized verification MUST be centralized (due to the inviolable CAP theorem and the correct understanding that a 100% decentralized system can not solve the Byzantine General's Problem), and thus I instead designed a way to control the centralization of verification with decentralized PoW miners (because each user submits a PoW share with their txn and because PoW mining is rendered UNprofitable for all parties).

So who will be the winner of everything? Me. Not Ethereum. Not to mention that marketing plan is light years ahead of any altcoin, because I will market directly to the millions of masses and achieve millions of adoptions (and be the first coin to do so).

Look I was there at the beginning telling Charles (one of the guys who founded and organized the creation of Ethereum) in Skype that Vitalik's PoW algorithm could be parallelized thus not CPU only, telling him that they could not solve the fundamental problem above, and telling him that they were going to raise too much $ with too many mouths to feed and still wouldn't solve the fundamental problems. Originally Charles was recruiting me to form this company, not Vitalik. But I balked and said I didn't want to raise all that money and I didn't want to start something until I was sure I had solved all fundamental issues. If you don't believe me, go ask Charles.

All the gory details about Ethereum's technical incompetence are here:

https://www.reddit.com/r/ethtrader/comments/42rvm3/truth_about_ethereum_is_being_banned_at/

Enjoy the Ethereum pump while it is hot and while people are ignorant of the truth about the technical incompetence of the Ethereum developers. Eventually the truth will come out and especially when my white papers and coin are released.

You're delusional.  I made a joke about you, spoetnik and benthatch being the same person.

As for the rest of your post, it's just the same boring drivel you type out on the reg. 

I didn't read it and never will.

[TPTB_need_war]

I just don't want the same thing happening to ZCash that happend to ethereum, Vitalik announced a while ago how much Ether the foundation had left and then the price skyrocketed because everybody was waiting for the whales to sell out.

Could you please provide to us a link to this announcement by Vitalik?

How do we know the insiders did not sell to themselves and have (intentionally) created a deception which caused P&D fever?

[TPTB_need_war]

I made a joke about you, spoetnik and benthatch being the same person.

I accept that as a retraction of your slanderous allegation.

[stoat]

I made a joke about you, spoetnik and benthatch being the same person.

I accept that as a retraction of your slanderous allegation.

"Slanderous allegation".  What like the ones you and your buddy benthatch throw around casually all day long?

What benthach does is tantamount to tortuous interference. And you are nearly as bad you just wrap it in a veneer of "technical objections"

[TPTB_need_war]

I made a joke about you, spoetnik and benthatch being the same person.

I accept that as a retraction of your slanderous allegation.

"Slanderous allegation".  What like the ones you and your buddy benthatch throw around casually all day long?

What benthach does is tantamount to tortuous interference. And you are nearly as bad you just wrap it in a veneer of "technical objections"

Don't blame me for what the other clowns do. Why the hell would you associate my technological expertise with those two clowns.

Stating as fact that I am them (which you have now retracted) is slander. Whereas, the following is just an opinion so I did not claim the following is slander:

You're delusional.

You may not like my technological expertise and opinions, but I am not slandering you.

You say you refuse to read my technological expertise. I think that is great so readers can see you are intentionally blind to reality.

[stoat]

Your criticism amounts to [A decentralised internet is impossible because of these highly complex reasons that only I understand].

If you know so much about it, why haven't you created your own system?  Why don't you publish an academic paper so people of your "intellect" can review it?

Trolling this forum won't get you anywhere.

Why don't you write a non confrontational paper explaining your theories and submit them to the ethereum developers?  In this way some progress could be made.  

Instead you are just wasting everybody's time writing stuff that hardly anyone here understands that may or may not be true because we have no way of verifying or refuting your highly technical and complicated objections.

[TPTB_need_war]

Your criticism amounts to [A decentralised internet is impossible because of these highly complex reasons that only I understand].

If you know so much about it, why haven't you created your own system?  Why don't you publish an academic paper so people of your "intellect" can review it?

Trolling this forum won't get you anywhere.

Why don't you write a non confrontational paper explaining your theories and submit them to the ethereum developers?  In this way some progress could be made.  

Instead you are just wasting everybody's time writing stuff that hardly anyone here understands that may or may not be true because we have no way of verifying or refuting your highly technical and complicated objections.

I am working on it. The distinction is as I explained upthread about Charles, Vitalik, and Ethereum, I did not waste $millions doing my research. And when I release my white papers and coin, I still won't be doing an ICO nor asking for any money from speculators at all.

You watch and observe how it is done.

Edit: and why do you think I would be incentivized to write white papers solely for the purpose of helping Ethereum not make more mistakes. I am happy to see them waste another $millions of your dumb money on dumb research. If I had gone for the ICO pump job, I could earned my $million already. But my goal was never that small. I wanted to do something to impact the world and besides a $million for me is at least an order-of-magnitude below my goal.

[The Sceptical Chymist]

Lol stoat is so desperate to get rich quick, he gets wet dreams about it

I get this impression as well, but really I could give a fuck.  The only altcoin I like is doge and maybe a little Dash, but it's really just bitcoin for me.  All the rest are wannabees IMO.  But if something comes along that can challenge bitcoin--legitimately--then more power to whatever that is.  If it's ethereum, well then it's got its work cut out for itself.  It's not going to be easy to dethrone btc.

[stoat]

any proof at all of those claims?

A shred of evidence perhaps?


So far I see the ethereum blockchain and consensus protocol working fine.

And what I see from you is just a load of wild claims.