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Author Topic: ETH - Hardforked - NOT Decentralized  (Read 5128 times)
anders lokka
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June 20, 2016, 07:51:21 PM
 #41

Just fact that vitalik thinked about HF means eth is not decentralized.
Total fail!

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Kelarid
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June 20, 2016, 07:53:55 PM
 #42

Just fact that vitalik thinked about HF means eth is not decentralized.
Total fail!

The miners will decide if there will be any soft or hard fork. The hacker is also trying to bribe the miners at the moment.
iamnotback
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June 20, 2016, 08:00:22 PM
 #43

Just fact that vitalik thinked about HF means eth is not decentralized.
Total fail!

The miners will decide if there will be any soft or hard fork. The hacker is also trying to bribe the miners at the moment.

Which indicates the Nash equilibrium and thus coin security is entirely broken.
TravelsAsia
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June 20, 2016, 11:02:26 PM
 #44

Fall in line , and Obey your masters or we will hunt you down and DOXX you, mETH users!

https://twitter.com/DanDarkPill/status/743789597482692608



Stephan Tual is upset because HE was meant to steal that money...


Is he also reptilian smoking chemtrails?

Auponef
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June 21, 2016, 11:16:18 AM
 #45

Just fact that vitalik thinked about HF means eth is not decentralized.
Total fail!

The miners will decide if there will be any soft or hard fork. The hacker is also trying to bribe the miners at the moment.

Which indicates the Nash equilibrium and thus coin security is entirely broken.

That is the beauty of mining. I think it is the first time the miners have some say in a important matter in the history of crypo currency.
anthonydar
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June 21, 2016, 02:37:40 PM
 #46

Just fact that vitalik thinked about HF means eth is not decentralized.
Total fail!

The miners will decide if there will be any soft or hard fork. The hacker is also trying to bribe the miners at the moment.

Which indicates the Nash equilibrium and thus coin security is entirely broken.

That is the beauty of mining. I think it is the first time the miners have some say in a important matter in the history of crypo currency.

In the bitcoin, the Chinese miners want to have bigger block size to accomoodate more transactions, but it was rejected/delayed by the developers.

JessicaG
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June 21, 2016, 07:02:55 PM
 #47

In the bitcoin, the Chinese miners want to have bigger block size to accomoodate more transactions, but it was rejected/delayed by the developers.

You probably meant the Chinese mining pools, not solely "the Chinese"; unless you're either a governmental official off course, or perhaps Xi Jinping in disguise...
Yet this topic is about Ether and their DAO 'situation', on which your post has absolutely nothing to contribute other than post count for your signature campaign.

Oh, and btw, what you're stating, is more like the other way around...

      ░▓██████████████░
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      ▒██          ██▒                                      ██                                                   
        ▒██░     ▓██                                       ▒█▓                                                         
          ▓██░ ▓██░                                        ██░                                                         
            ▒██▓
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EastSound
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June 21, 2016, 07:07:37 PM
 #48

In the bitcoin, the Chinese miners want to have bigger block size to accomoodate more transactions, but it was rejected/delayed by the developers.

You probably meant the Chinese mining pools, not solely "the Chinese"; unless you're either a governmental official off course, or perhaps Xi Jinping in disguise...
Yet this topic is about Ether and their DAO 'situation', on which your post has absolutely nothing to contribute other than post count for your signature campaign.

Oh, and btw, what you're stating, is more like the other way around...

In the bitcoin, the miners do not have much power. But in the Ethereum, the miners will flex their muscles soon.
iamnotback
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June 21, 2016, 07:20:57 PM
 #49

That is the beauty of mining. I think it is the first time the miners have some say in a important matter in the history of crypo currency.

No that is a flaw in Satoshi's design.

Satoshi's design is flawed because it permits miners to vote (within the realm of profitability). I am working on a fix to that. I explained more.
anders lokka
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June 21, 2016, 08:20:11 PM
 #50

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.

I have performed the most faster yobit ico sold out in 29 Minutes.
NEW PROJECT SOON!!!
Auponef
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June 22, 2016, 10:58:13 AM
 #51

Do we still need hard fork?

https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/
Juhagic
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June 22, 2016, 01:53:46 PM
 #52


If the DAO holder want to get back all the tockens, they need a hard fork, otherwise they will get back only 70%.
Minecache
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June 22, 2016, 04:51:43 PM
 #53

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

EastSound
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June 22, 2016, 08:45:08 PM
 #54

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now.
anthonydar
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June 24, 2016, 02:40:19 PM
 #55

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now.

All the coins are centralised in one way or another. I am glad the DAO problem happened so early, the loss can be contained.

Auponef
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June 27, 2016, 07:39:53 PM
 #56

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now.

All the coins are centralised in one way or another. I am glad the DAO problem happened so early, the loss can be contained.

If similar problem happened to bitcoin, the damage could be much larger. I hope their SegWit does not have bugs.
anthonydar
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June 28, 2016, 08:50:33 PM
 #57

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now.

All the coins are centralised in one way or another. I am glad the DAO problem happened so early, the loss can be contained.

If similar problem happened to bitcoin, the damage could be much larger. I hope their SegWit does not have bugs.

That is many lines of new codes. That could be the reason the bitcoin price dropped a lot recently. I am not sure.

Kelarid
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July 10, 2016, 11:38:26 AM
 #58

Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.

Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork.

The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now.

All the coins are centralised in one way or another. I am glad the DAO problem happened so early, the loss can be contained.

If similar problem happened to bitcoin, the damage could be much larger. I hope their SegWit does not have bugs.

That is many lines of new codes. That could be the reason the bitcoin price dropped a lot recently. I am not sure.

The marekt will not react to early to the not released code. That is just reaction to the actual halving.
BitUsher
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July 13, 2016, 01:48:08 PM
 #59

http://www.wallstreettechnologist.com/2016/07/12/on-ponzis-equity-derivatives-and-ethereum/
klbax381
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July 13, 2016, 02:22:17 PM
 #60

If hadrfork will happen - eth will die because it will be centralized ico scam
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