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iamnotback
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July 08, 2016, 04:14:34 PM Last edit: July 08, 2016, 04:29:27 PM by iamnotback |
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Wow 2% of the ETH voted and that is supposed to be mandate ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Utilizing the blockchain, a transparent and non-gameable voting method shows that out of more than 1.5 million eth, 97%, valued currently at $15 million, are in favor of the fork, with only just above 40,000 eth against.
Even if 100% had voted, my reaction would remain as follows... Long live fiat! Hurray! This is absolutely momentous day for it validates everything I am have been working on 1. Also PoS (including DPoS) is basically a permissioned, centralized system, because the whales will control it.
If we just wanted a centralized, persmissioned system, then we don't need block chains. We could do that more efficiently. We have it already, it is named Paypal.
The only way you scale this globally, is if nobody owns it. This is why Paypal can't disrupt the existing financial structure of the world. Too many vested interests fighting turf battles.
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NorrisK
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July 08, 2016, 04:25:10 PM |
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I don't see price soaring...
Also, I think this is the dumbest thing they could ever do. It goes against all they claimed the DAO would be and it will put a large piece of bought ether for DAO directly on the market.
Would they fork if my project lost "just" 10k ether due to a fault? No. They shouldn't do it now either.
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Azael
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July 08, 2016, 04:35:02 PM |
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I was pro fork at first but then I realized just how much they violate the principles of a blockchain.. I think Ethereum is in trouble.
Maybe they could make sure it's impossible to HF again to bring legitimacy back..?
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twitter.com/erikledgers
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iamnotback
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July 08, 2016, 04:38:10 PM |
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Finally we can move on!
Nope. There is no moving on from violating the only reason we even want block chains— which is that we don't have to trust anyone that our contracts will be honored.
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Minecache (OP)
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July 08, 2016, 04:39:48 PM |
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I don't see price soaring...
Also, I think this is the dumbest thing they could ever do. It goes against all they claimed the DAO would be and it will put a large piece of bought ether for DAO directly on the market.
Would they fork if my project lost "just" 10k ether due to a fault? No. They shouldn't do it now either.
Put it to a community vote and see if you get consensus to get your ETH back. If you do then fine you can get it back.
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iGotSpots
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July 08, 2016, 04:40:18 PM |
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I've said it everytime a coin forks because of exploit, never been wrong yet, and it will remain true til the end of time. If you don't learn from others mistakes, you deserve the hole you dig
Congrats. You just killed your own 'coin'
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yelllowsin
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July 08, 2016, 04:40:30 PM |
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Finally we can move on!
Nope. There is no moving on from violating the only reason we even want block chains— which is that we don't have to trust anyone that our contracts will be honored. Good that we have different opinions. It doesn't mean you are right though, nor i.
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Minecache (OP)
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July 08, 2016, 04:41:53 PM |
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Agreed. The disgusting vile FUD that's been spread by the haters has been pathetic. If you don't hold ETH you don't get a say in how it's run so why spread FUD? The ETH community has spoke in a landslide consensus.
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iamnotback
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July 08, 2016, 04:46:15 PM |
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Agreed. The disgusting vile FUD that's been spread by the haters has been pathetic. If you don't hold ETH you don't get a say in how it's run so why spread FUD? The ETH community has spoke in a landslide consensus.
It is not FUD. It is just our opinion of the point of block chains. Those who agree with you that block chains should be permissioned ledgers like a fiat system or Paypal, will stay with ETH. But as others are pointing out to you, violating the raison d'être of block chains is very likely to cause you to lose most of the community support. You'll only be left with idiots, R3 bankers, and the whales who've been allegedly pumping this token by manipulating the float on Poloneix and Krakan.
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Minecache (OP)
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July 08, 2016, 04:46:45 PM |
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I've said it everytime a coin forks because of exploit, never been wrong yet, and it will remain true til the end of time. If you don't learn from others mistakes, you deserve the hole you dig
Congrats. You just killed your own 'coin'
Everyone is entitled to their opinion. Doesn't mean yours is correct. But I will forward your concerns on to the relevant department.
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Minecache (OP)
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July 08, 2016, 04:48:40 PM |
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Agreed. The disgusting vile FUD that's been spread by the haters has been pathetic. If you don't hold ETH you don't get a say in how it's run so why spread FUD? The ETH community has spoke in a landslide consensus.
It is not FUD. It is just our opinion of the point of block chains. Those who agree with you that block chains should be permissioned ledgers like a fiat system or Paypal, will stay with ETH. But as others are pointing out to you, violating the raison d'être of block chains is very likely to cause you to lose most of the community support. You'll only be left with idiots, R3 bankers, and the whales who've been allegedly pumping this token by manipulating the float on Poloneix and Krakan. Anyone involved in Ethereum have repeatedly pointed out to you all that it is not Bitcoin. How many more times does it need to be repeated to you until it sinks in?
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Minecache (OP)
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July 08, 2016, 04:50:27 PM |
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But I will forward your concerns on to the relevant department.
Ah so Ethereum is a governed token system now with actual departments? This is sounding awefully similar to the government structures that are collapsing all over the world due to corruption and special interests capturing the power vacuum. I was being facetious. Sorry it needed pointed out.
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iamnotback
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July 08, 2016, 04:52:35 PM |
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But I will forward your concerns on to the relevant department.
Ah so Ethereum is a governed token system now with actual departments? This is sounding awefully similar to the government structures that are collapsing all over the world due to corruption and special interests capturing the power vacuum. I was being facetious. Sorry it needed pointed out. Freudian slip, because you were actually telling the truth for a change.
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Minecache (OP)
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July 08, 2016, 04:58:00 PM |
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But I will forward your concerns on to the relevant department.
Ah so Ethereum is a governed token system now with actual departments? This is sounding awefully similar to the government structures that are collapsing all over the world due to corruption and special interests capturing the power vacuum. I was being facetious. Sorry it needed pointed out. Freudian slip, because you were actually telling the truth for a change. I know what I wrote and the purposes of writing it. You however don't. It's strange that you care so much for something you proclaim to hate. Classic troll.
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americanpegasus
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July 08, 2016, 05:06:00 PM |
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Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!
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Account is back under control of the real AmericanPegasus.
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clownius
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July 08, 2016, 05:32:42 PM |
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Well nice you got a fraction of the community to vote and called it unanimous which means 100% btw not most thats a majority! You dont even have that!
Seriously ETH no longer has a reason to exist. Its finished.
Smart contracts are now very obviously flawed and easy to hack due to problems in the base code. So no point in those.
As for the coin itself well the blockchain is now totally and utterly compromised so even its worthless as you have proven a few large holders have the ability to remove anyones coins with a hardfork and the community considers it a good idea.
If you have a bag of ETH or DAO tokens i suggest you offload before the crash
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iGotSpots
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July 08, 2016, 05:44:15 PM |
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I've said it everytime a coin forks because of exploit, never been wrong yet, and it will remain true til the end of time. If you don't learn from others mistakes, you deserve the hole you dig
Congrats. You just killed your own 'coin'
Everyone is entitled to their opinion. Doesn't mean yours is correct. But I will forward your concerns on to the relevant department. Nope, it's very correct. Not all opinions are equal, and if you disagree with me on this, yours is shit. This is not opinion; I don't care whether it crashes or not, but it will ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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