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Author Topic: ETH hardfork incoming.  (Read 19056 times)
bbc.reporter
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July 16, 2016, 09:48:00 AM
 #181

ETHC will fork away from Vitalik and his nanny chain can whore itself out to the highest bidder. Smiley

Thats a done deal.  It's called The R3 Consortium
As of June 23rd they are:
Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, Goldman Sachs, J.P. Morgan, Royal Bank of Scotland, State Street, UBS, Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, Skandinaviska Enskilda Banken, Société Générale, Toronto-Dominion Bank,  Mizuho Bank, Nordea, UniCredit,  BNP Paribas, Wells Fargo, ING, Macquarie Group, Canadian Imperial Bank of Commerce,  BMO Financial Group, Danske Bank, Intesa Sanpaolo, Natixis, Nomura, Northern Trust, OP Financial Group, Banco Santander, Scotiabank, Sumitomo Mitsui Banking Corporation, U.S. Bancorp, Westpac Banking Corporation, SBI Holdings of Japan, Hana Financial of South Korea, Bank Itau of Brazil and Toyota Financial Services.

Not that there are any cartels in the banking world  Cheesy  But, surely you didn't think that bloated market cap came from forum users did you?




Is this true? Was there an official statement saying it so? Because Ethereum has a myriad of problems we have not seen yet. Who is even the expert telling them to commit to Ethereum? And also scalability is a concern.

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July 16, 2016, 09:56:19 AM
 #182


LoL, I was planning to run both chains at the same time too, I wonder how many others will do the same Cheesy

"There could be an issue in the way the P2P protocol was split that causes cross-talk. There could also be myriad game theoretical attacks possible, like we saw in the DAO -- this is a protocol level change and not just a single contract, it's very much more complex. The DAO was studied for months and much was missed, this has been days from conception to completion."

 Smiley

Vitalik should relax and think this through. You can very may well see that the leadership in Ethereum is in panic mode. This is their inexperience showing.

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July 16, 2016, 10:48:14 AM
 #183

If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.
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July 16, 2016, 11:20:56 AM
 #184

If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.

The soft fork proposal is long dead, it would have left ETH vulnerable to DoS attacks. You should know this.

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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July 16, 2016, 12:05:34 PM
 #185

https://ethereumclassic.github.io/

https://medium.com/@bit_novosti/a-crypto-decentralist-manifesto-6ba1fa0b9ede#.4o81jqizo

The revolt against the HF is growing.
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July 16, 2016, 12:21:40 PM
 #186

If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.
Yep soft fork is history.  Anyway what does it have to do with miners?  The pools decide which "Geth" they run.  Miners will not solo to their own "Geth", it takes to long to find a block.  And the pools will probably end up being the validators when it all goes to PoS

Anyone can vote on http://carbonvote.com/ it is not just limited to miners

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July 16, 2016, 12:44:59 PM
 #187


I'd like to see a real exchange come out in support ETHC trading.

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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July 16, 2016, 05:14:42 PM
 #188


What is your definition of real exchanges?

https://www.bitfinex.com/posts/118
https://poloniex.com/press-releases/2016.07.15-Ethereum-Hard-Fork/

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July 17, 2016, 05:47:23 AM
 #189

And we are locked in for the hard fork... -> https://github.com/ethereum/go-ethereum/releases/tag/v1.4.10

87% of ETH voted for the hard fork but roughly only 5% of the outstanding ether voted. It is going to be a very interesting experiment indeed. Can both chains survive long term? and could the aggregate value be greater than the original chain?

Make sure your ETH are in an address you control before block 1920000.
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July 17, 2016, 05:54:05 AM
 #190

There is mention that Poloniex is the only exchange that will allow withdrawals to both chains. How true is this and what will be the implications? Would it also be possible for a user to own coins in both chains simultaneously?

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July 17, 2016, 05:54:36 AM
 #191


Real enough. Smiley

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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July 17, 2016, 07:34:58 AM
 #192

Would it also be possible for a user to own coins in both chains simultaneously?

Of course. You need to have the ETH in an address you control before the hardfork happens and then make a copy of your wallet and run 2 instances of geth one on each blockchain.
If your ETH are at an exchange when the hard fork happens you'll get whatever the exchanges decides.

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July 17, 2016, 08:03:38 AM
 #193


Coinbase To Add Ethereum Direct Buys later This Month

Prob after 20th, but you will be able to buy Eth with a linked card or sell eth and have the cash put on your credit card, just like btc.  (Thanks R3)  Wink

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July 17, 2016, 08:18:08 AM
 #194

quote:

The lay of the land

Within the decentralized community, there remains disagreement on the path forward, a factor that has given rise to vigilante efforts, most notably the mysterious Robin Hood group.

This group of coders, whose identities are largely unknown as a matter of security, has prepared a two-prong maneuver – or white-hat attack – against the Dark DAO exploiters.

The measure is a safety net of sorts, in case the hard fork, now the only option developers have to regain the funds, fails in any way.

At stake in this epic computer battle between white hats and Dark DAOs is more than investor funds, but potentially the future of a new business model without leaders.

Some, including Jentzsch, are now worried that, should efforts by the community to resolve the situation be unsuccessful, government authorities will step in.

end quote:

Source: http://www.coindesk.com/author-daos-original-code-minimize-regulatory-backlash/

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July 17, 2016, 05:30:45 PM
 #195

Would it also be possible for a user to own coins in both chains simultaneously?

Of course. You need to have the ETH in an address you control before the hardfork happens and then make a copy of your wallet and run 2 instances of geth one on each blockchain.
If your ETH are at an exchange when the hard fork happens you'll get whatever the exchanges decides.

Poloniex will support the main chain. But it will also support the secondary chain briefly. So you can have two coins.

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July 17, 2016, 06:34:16 PM
 #196

the price will go down if:

A. They do not fork as the dao hacker will likely sell all that ETH

B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.

Heads you lose, tails you lose.

They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.

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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
GreenBits
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July 17, 2016, 06:49:46 PM
 #197

the price will go down if:

A. They do not fork as the dao hacker will likely sell all that ETH

B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.

Heads you lose, tails you lose.

They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.

Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century.
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July 17, 2016, 06:55:31 PM
 #198

the price will go down if:

A. They do not fork as the dao hacker will likely sell all that ETH

B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.

Heads you lose, tails you lose.

They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.

Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century.

My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down.

But I think this whole DAO hack fiasco has been ETH's "mtgox moment".

Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
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                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
Minecache
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July 18, 2016, 12:32:41 AM
 #199

the price will go down if:

A. They do not fork as the dao hacker will likely sell all that ETH

B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.

Heads you lose, tails you lose.

They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.

Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century.

My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down.

But I think this whole DAO hack fiasco has been ETH's "mtgox moment".

Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned.
It's indeed ETHs Mt Gox moment but it's also showing how strong and resilient the ETH community is. #TogetherWeAreETH


EastSound
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July 18, 2016, 08:39:57 AM
 #200

the price will go down if:

A. They do not fork as the dao hacker will likely sell all that ETH

B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.

Heads you lose, tails you lose.

They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.

Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century.

My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down.

But I think this whole DAO hack fiasco has been ETH's "mtgox moment".

Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned.
It's indeed ETHs Mt Gox moment but it's also showing how strong and resilient the ETH community is. #TogetherWeAreETH



It seems the trolls are the people who do not own the Etheruem. They mainly own the Monero or other altcoin.
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