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Author Topic: Ethereum to fix TheDAO theft. hard fork != hard fork != holy grail != roll back  (Read 2135 times)
Thenoticer
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July 04, 2016, 06:56:26 PM
 #21

young kids
Please don't repeat FUD.  Adjectives without reasons are what pump and dump trolls do.  You could actually refer to the code.

The attacker is highly intelligent ......
Art of war son
What are you saying? An attacker may control a majority of miners quietly without a public campaign?
(Another general concern about any blockchain?)

what else?  

I highly doubt the hardfork gets voted in. The attacker most likely has and is setting up nodes left and right to prevent the hardfork.

Most likely the attackers mining network will pretend to be on the side of the fork to make everyone think there is more support then there is. Then at the last minute, switch to the other code, and keep 50 million.
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balu2
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July 04, 2016, 07:08:38 PM
 #22

human consensus? Normally these networks operate on machine-consensus and not sockpuppet-consensus.
You're not making a lot of sense to me with that line of thought, sorry.
You're replacing rule of code by arbitrary actions.
The people are a lower level and cause, reason, foundation.
Machines are not alive.
Machines can't have consensus.
"Machine consensus" is only = "consensus of people to run the same blockchain",  (whichever (patched) blockchain that is.)

Machines are convenience tools to ease/automate repetitive tasks.  

Unique issues require unique (human) solutions!    
myriad  of rollback-scams ..... u opened a can of worms.
This choice may stay the only one. But it doesn't make a difference.  
You don't need a replicable process for unique issues more than before or after or in any other blockchain!
(But i will join the thread if you want to think about possible rules of voting about blockchains other than simply "majority" and their possible implementation. I guess one would want this voting to pass by >(100% -x*stolen funds% -y) )


Again can't agree in those fears at all.
It is not arbitrary.  As said the only fear it comes down to, if you meant that at all, is the general fear for any community, or blockchain, that hard choices could split them.  Bitcoin traders had that fear for bitcoinXT  but short dump and pump was already the biggest consequence yet once again. Obviously the voting was not about bitcoin to fail or not. And even if such a split should happen ever to any cryptocurrency currency it will be impressive. Both currencies together may not be worth less than the one was before and there would a striking reason.

- Yet easier choices, that may pass near consensus,
 can only reassure integrity of the community.  

A blockchain is true if the people decide it to be true.  The only true Ethereum blockchain may soon have the theft undone  - or not if people should sympathize with the thief. Undoing it may increase social value/sympathy in Ether and the braveness of the community, if it pioneers in deciding such.
Not doing anything could appear passive but obviously this would also take away all hardfork fears (if they are real)  
both ways the market would calm.

people can't have consensus, only machines can. Social consensus means: "bully out and flame everyone who disagrees until only people are left that agree"
You aren't ready for true social conseus - all we can talk about is machine-conseus.

"machines can't have consensus"? Then why is bitcoin working?

majority rule = mob rule and communism

you go fork your network on 51%-vote. I'll be waiting here and watching Smiley

So "truth is what the majority says"? Oh boy, you got it upside down ..

Nobody who's worth their salt is going to invest big bucks in that chain. Developement and community are incompetent, it has been shown 1000 times and this thread is #1001
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July 04, 2016, 07:26:59 PM
 #23

the softfork got voted in and the hardfork will be voted in for sure

Keep on dreaming of the Big Bucks which are still flowing in ETH and not your altcoin Smiley
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July 04, 2016, 11:11:44 PM
Last edit: July 05, 2016, 03:06:00 AM by regexlove
 #24

young kids
Please don't repeat FUD.  Adjectives without reasons are what pump and dump trolls do.  You could actually refer to the code.

The attacker is highly intelligent ......
Art of war son
What are you saying? An attacker may control a majority of miners quietly without a public campaign?
(Another general concern about any blockchain?)

what else?  
Let's not repeat eachother. Please read the first post in this thread again. 
As said computers are not capable of consensus.  Consensus is human. Computers only help us to carry out the repetitive tasks of documenting / "witnessing". based on the permanent requirement of Human consensus to run the same blockchain software as well.  If you guys generally do not believe in the human basis to run blockchains, then you may also be fearful about open source and society generally.  
When you believe that mighty attackers may come up with majority attacks with enough 1000s of computers anytime,
to even distroy the biggest blockchain networks, then you believe that all current cryptocurrencies are prone to fail through those mighty enemies ( -rather than thiefs).  This is not specifically about this subject and situation (ethereum / thedao). I should not be answering on this, it may just be your way of admitting to be trolls.
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July 04, 2016, 11:48:00 PM
 #25

Hard fork will show how strong the community and belief in ETH is. Too many big bucks following into ETH for them not to consider a one off hf and put it down to learning experience. What does kill you serves to make you stronger.

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July 05, 2016, 04:59:58 AM
 #26

Hard fork will show how strong the community and belief in ETH is. Too many big bucks following into ETH for them not to consider a one off hf and put it down to learning experience. What does kill you serves to make you stronger.

lol, his freudian typo

eth bagholders why waste your time? Everyone and their mom shorts your shitcoin. The whole internet knows about how dao fucked up. The fat lady did sing a long time ago. Sorry for your loss.
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July 05, 2016, 05:12:31 AM
 #27

So is there a current implementation of a hard fork for folks to utilize?

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July 05, 2016, 05:58:59 AM
 #28

Mining hashrate increased >15% since june 17.
http://www.coinwarz.com/network-hashrate-charts/ethereum-network-hashrate-chart

"game-over" FUD-ers,  put your money where your mouth is. Make a bet on betmoose or anything.



I still mine ethereum since for me its the most profitable coin to mine, i dont hold any though, pretty much as soon as i manage to mine a decent amount of it i just sell it since the price is dropping so much. Its just not worth it to me to hold on to.

regexlove (OP)
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July 05, 2016, 08:36:11 AM
 #29

https://medium.com/@VitalikButerin/why-cryptoeconomics-and-x-risk-researchers-should-listen-to-each-other-more-a2db72b3e86b#.brotz5mds


https://blog.colony.io/why-a-post-hard-fork-ethereum-will-be-more-valuable-abc35bbf6e98#.4hfa0ptzo
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July 05, 2016, 04:04:03 PM
 #30

eth bagholders why waste your time? Everyone and their mom shorts your shitcoin.

If they are, then they're certainly getting a bargain on Poloniex's Lending market. As I write, the lowest offer was for 0.0095% per day - and that's low. (~3.5% annualized.) I've been snagging much higher loan rates for Factom.

So if there's huge shorter demand, it's being met with huge holder supply.






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regexlove (OP)
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July 05, 2016, 04:06:39 PM
 #31

https://blog.slock.it/proposed-hard-fork-specification-394245b968dd#.5ud10c6up
Nxtblg
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July 05, 2016, 06:10:40 PM
 #32


Thanks for the link.






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