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JessicaG
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July 21, 2016, 11:20:28 AM |
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It is good that some people will continue with the the Ethereum Classic. Those bitcoin shills can support it. Yup and the classic chain is open to replay attacks. Have fun with that Spoetniktards. As would the 'original' Ethereum; it was the DAO that was affected, not ETH. Replay attacks can still happen, on both chains. |
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dwgscale11
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July 21, 2016, 12:58:06 PM |
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It is good that some people will continue with the the Ethereum Classic. Those bitcoin shills can support it. Yup and the classic chain is open to replay attacks. Have fun with that Spoetniktards. Minecache, both chains are fundamentally flawed. What don't you get about this? Do you have mental issues?? |
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Cakalasia
Member
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Activity: 162
Merit: 10
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July 21, 2016, 02:25:31 PM |
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It is good that some people will continue with the the Ethereum Classic. Those bitcoin shills can support it. Yup and the classic chain is open to replay attacks. Have fun with that Spoetniktards. Minecache, both chains are fundamentally flawed. What don't you get about this? Do you have mental issues?? Has the relay attack happen? Very interested in seeing that happen. Somebody might make some money out of that. |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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July 22, 2016, 02:57:42 AM |
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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marky89
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July 22, 2016, 03:32:17 AM |
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It is good that some people will continue with the the Ethereum Classic. Those bitcoin shills can support it. Yup and the classic chain is open to replay attacks. Have fun with that Spoetniktards. Both chains are open to replay attacks. But preventing replay attacks is incredibly easy to do. Just split your ETH into unique addresses on the respective chains. And if you don't intend to ever transact on one of the chains, you can ignore replay attacks entirely. |
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marky89
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July 22, 2016, 03:34:45 AM |
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Unfortunately for that guy, Vitalik and ETH Foundation / Slock it do not have money at stake. No fork for you! |
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Rastanan
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July 22, 2016, 08:15:47 AM |
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Unfortunately for that guy, Vitalik and ETH Foundation / Slock it do not have money at stake. No fork for you! Similar things happen in bitcoin. Some people send money to wrong address, nobody cares about that. |
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Docnaster
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July 23, 2016, 08:51:25 AM |
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So far, the Ethereum community is quite satisfied with the outcome of the hard fork, the price is rising a lot.
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Rastanan
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July 23, 2016, 05:23:49 PM |
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So far, the Ethereum community is quite satisfied with the outcome of the hard fork, the price is rising a lot.
The Ethereum price might have reached a short term peak, it seems the price is dropping a bit now. |
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Minecache
Legendary
Offline
Activity: 2198
Merit: 1024
Vave.com - Crypto Casino
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July 24, 2016, 02:28:15 PM |
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Complete lies. The hash rate on etc has collapsed and miners abandoned it. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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July 24, 2016, 08:26:06 PM |
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Don't look now...  |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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marky89
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July 24, 2016, 08:58:55 PM |
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All great news. It was tough going mining early on when all we had was Bitshares. We've really turned a corner here, and quickly! ETH users now have a true choice -- insiders tried to manufacture consensus, and failed. |
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d5000
Legendary
Offline
Activity: 3906
Merit: 6186
Decentralization Maximalist
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July 24, 2016, 09:34:33 PM |
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In my opinion both sides - the "hardforkers" and the "Classic" guys - are right in certain way:
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
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sock54321
Newbie
Offline
Activity: 14
Merit: 0
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July 24, 2016, 09:37:54 PM |
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In my opinion both sides - the "hardforkers" and the "Classic" guys - are right in certain way:
ETH Hardforkers sustain that Ethereum is, above all, a community with democratic rules. That's what also Vitalik means when he talks about weak subjectivity. In my opinion, he is right: Cryptocoins with no communities would not work, and even in an nearly-objective coin design like Bitcoin there are subjective decisions to be taken (which BIPs to include, for example).
ETH Classic guys argue that smart contracts can only work if "code is law". That means that they value objectivity more than subjectivity. They are also right: Smart contracts, as they are modeled after real contracts, can only work really if they are regarded as valid and irreversible.
So who is right now? In my opinion, it depends how you market/communicate the platform. If you market it as a "objective" platform, how ETH has done until now, then the "ETH Classic" approach is nearer to the truth. But if ETH switches its marketing strategy to a "democratic contract model", where contracts are not totally objective, then its approach to take into consideration the community's choices is also valid. But it may have less usage cases.
I see a problem with a community that votes on wallet balances of other people. Don't you? Hardfork for wallet balance not for technical issues? Excuse me?! What could go wrong? hahaha mETH is a joke. If anything is viable it's ETC. |
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d5000
Legendary
Offline
Activity: 3906
Merit: 6186
Decentralization Maximalist
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July 25, 2016, 01:35:54 AM |
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Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
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Kewatia
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July 25, 2016, 10:22:18 AM |
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Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
There is no problem if you are in favour of the ETC. Have you bought any ETC or mined the Ether Classic. |
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Rastanan
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July 25, 2016, 06:35:49 PM |
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Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.
I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.
That's why I'm more in favor of ETC than of the old ETH in this conflict.
There is no problem if you are in favour of the ETC. Have you bought any ETC or mined the Ether Classic. The ETC is very cheap to buy now, its price dropped 50% in the last day. You might buy cheaper in the future. |
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SolomonRising
Full Member
Offline
Activity: 170
Merit: 105
The Truth illuminates the eyes of the heart!
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July 26, 2016, 11:12:20 AM |
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ETC is gonna skyrocket!!! From $50 million to over a billion.
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The fear of the LORD is the beginning of wisdom: and the knowledge of the Holy One is understanding.
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