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Author Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts  (Read 820285 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 1+ user deleted.)
firehawk71
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August 07, 2016, 03:43:59 PM
 #2721

I see your point and I am just thinking out loud... Right now we have 2 Ethereum's The HF and the Classic. The one right now that is second in line to BTC is the HF Ethereum. I am thinking if I am a new investor that does not know about all this drama and wants to invest he sees HF and Classic. He would be like whats up with this?? Which one do I use?  blah blah looks unprofessional.. I don't know what the best thing to do but I don't want to see classic get slowly crushed by the HF.

We are not there yet but to get Classic up and going like HF already is will take some time to get organized. During this time everyone will just keep pounding heads saying that classic is dying and stay away from it.

I am not thinking it should be done now and hopefully never but if things get bad enough it might be best to re-brand the original but still keep all the same tools that HF uses. Let's hope it does not come to that. Time will tell.. If enough miners bail out then you can bet they will try the 51 percent attack again. The most important thing is we must keep people on board and interested. What ever it takes.
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August 07, 2016, 03:56:25 PM
 #2722

Prices go up, prices go down.  It's still early days.  I just don't get the excitement, gutters, fight-or-flight, or what ever you call it like i used to.  Just had to grab a few at 3.8mbtc though. Bitcoin takes for ages.  Anyhow....

One thing i have not heard people talking about is DAG size.  If we go to a Hybrid PoW/PoS and defuse the difficulty bomb at the same time, are we going to do something with the DAG?   You can mine Expanse (Ethash) with a 1GB GPU as far as i understand.  You need a minimum of 2GB GPU to mine Eth and Etc.  But the DAG file is growing up over 1.5GB.  Later this year 2GB GPUs will be no good on the current chain.  Do we just lose those smaller cards?

I imagine the 2gb cards will just have to be sold or re-purposed on other algo's.  It is my understanding that due to the memory intensive dag and algo it makes it harder for the ASIC's to come in and run the show. 

There were some comments made eariler about making the coin a CPU only coin.  That does have some merits and would make it harder for the ASIC's to come in and wreck things. 

If we stay POW this will be a factor because it now would pay for the ASIC development if they know that this is going to be a long term thing.  So I think we have to keep the ASIC threat in the back of our minds as we are planning the next steps.
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August 07, 2016, 04:00:00 PM
 #2723

I think we should quickly find their own development team, can not let the ETH official team to contain Roll Eyes
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August 07, 2016, 04:06:33 PM
 #2724

Anyone know a link to ethereum classic wallet? I'm trying to find a guide.

Korean Chinese Translator

Professional Korean translator.
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August 07, 2016, 04:07:45 PM
 #2725

I see your point and I am just thinking out loud... Right now we have 2 Ethereum's The HF and the Classic. The one right now that is second in line to BTC is the HF Ethereum. I am thinking if I am a new investor that does not know about all this drama and wants to invest he sees HF and Classic. He would be like whats up with this?? Which one do I use?  blah blah looks unprofessional.. I don't know what the best thing to do but I don't want to see classic get slowly crushed by the HF.

We are not there yet but to get Classic up and going like HF already is will take some time to get organized. During this time everyone will just keep pounding heads saying that classic is dying and stay away from it.

I am not thinking it should be done now and hopefully never but if things get bad enough it might be best to re-brand the original but still keep all the same tools that HF uses. Let's hope it does not come to that. Time will tell.. If enough miners bail out then you can bet they will try the 51 percent attack again. The most important thing is we must keep people on board and interested. What ever it takes.

ETC and ETH are still essentially the same so a name change would just add more confusion. If and when they diverge sufficiently - maybe.

At the moment there is plenty of stuff to clean up as it is. For example both ETH and ETC clients should be able to install side-by-side, meaning folder names have to be changed for ETC. Any occurrences "ETH" in the GUI need to be changed. I think Mist loads something from ethereum.org, maybe that needs to be changed as well. Maybe the wallet needs to have some code to handle replay, at least show a warning.

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August 07, 2016, 04:09:10 PM
 #2726

Ethereum Classic Mist Wallet - 0.8.1 (1.4.10 go-ethereum)

whatisgravity released this 4 days ago

This release contains a version of geth 1.4.10 specifically developed to work on the Ethereum Classic network. Without any flags, choices or additional setup you can use the Ethereum Classic network, with every feature working with ETC data.

ETC Mist Wallet currently has working conversions and easy access to Shapeshift.io's Shifty API. Revenue is generated through use of the Shifty API, revenue from this feature are currently collected by @whatisgravity. Any revenue fees will be handed over to the community development initiative.

https://github.com/ethereumproject/mist/releases/tag/5cbe0c0

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August 07, 2016, 04:39:17 PM
 #2727

10% extra Bonus for all miners on https://etc.suprnova.cc in a bit more than an hour Smiley
Bonus is now ACTIVE for the next 12h !
You are a Star ocminer

I don't know why people mine anywhere else, OC is one of the only truly honest dudes I have met in crypto and he knows his stuff. Pools are solid as hell. Set a little percentage for donation for suprnova, if anyone deserves it it's OC.
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August 07, 2016, 04:42:21 PM
 #2728


I missed this twit.. you should post that like 15 minutes before.. Sad i lost bunch on this sh** now..


Only lose if you sell man, just hodl and be patient
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August 07, 2016, 04:52:52 PM
 #2729

10% extra Bonus for all miners on https://etc.suprnova.cc in a bit more than an hour Smiley
Bonus is now ACTIVE for the next 12h !
You are a Star ocminer

I don't know why people mine anywhere else, OC is one of the only truly honest dudes I have met in crypto and he knows his stuff. Pools are solid as hell. Set a little percentage for donation for suprnova, if anyone deserves it it's OC.

Yes...  set a little percentage for donation for suprnova, if anyone deserves it it's OC, he has worked hard to keep this coin alive.  The only reason people mine elsewhere is the issue of Centralisation.  If everyone other than Chandler Guo mined at suprnova we would be vulnerable.   I can also recomend nanopool

I mine my Grosetlcoin at supronova.  Good service  thanks OC

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August 07, 2016, 04:54:23 PM
 #2730

Prices go up, prices go down.  It's still early days.  I just don't get the excitement, gutters, fight-or-flight, or what ever you call it like i used to.  Just had to grab a few at 3.8mbtc though. Bitcoin takes for ages.  Anyhow....

One thing i have not heard people talking about is DAG size.  If we go to a Hybrid PoW/PoS and defuse the difficulty bomb at the same time, are we going to do something with the DAG?   You can mine Expanse (Ethash) with a 1GB GPU as far as i understand.  You need a minimum of 2GB GPU to mine Eth and Etc.  But the DAG file is growing up over 1.5GB.  Later this year 2GB GPUs will be no good on the current chain.  Do we just lose those smaller cards?

I imagine the 2gb cards will just have to be sold or re-purposed on other algo's.  It is my understanding that due to the memory intensive dag and algo it makes it harder for the ASIC's to come in and run the show. 

There were some comments made eariler about making the coin a CPU only coin.  That does have some merits and would make it harder for the ASIC's to come in and wreck things. 

If we stay POW this will be a factor because it now would pay for the ASIC development if they know that this is going to be a long term thing.  So I think we have to keep the ASIC threat in the back of our minds as we are planning the next steps.

Cpu algo is a bad idea man, botnets run the show. Been there seen it happen, it's not good lol. I still think we should keep things simple, keep Dagger, no PoS, keep the miners on our side then down the road after a lot of planning discussion and weighing options work on the more complicated things. Right now like suchmoon suggested we need to clean up some loose ends and start adding some features that make etc have a purpose other than just the one that didn't try and manipulate the blockchain. Just my opinion.
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August 07, 2016, 04:55:03 PM
 #2731

Wow, great news. More cheap ETC for my Rigs. Cheesy
Yesterday i sold for 490k sat. Wink
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August 07, 2016, 05:03:42 PM
Last edit: August 07, 2016, 05:14:36 PM by Hueristic
 #2732

Looks like the white hat hackers have recovered millions of ETC...Run for your lives....


Back to 100,000 sats Smiley

did they move them ? to the rightful owners ?

did the goodies announce what the plan is ? will they keep them or give them back ?
copied that from welcome to the beginning thread :
from:
DAOinvestorwantsETC

PETITION CALLING FOR MEMBERS OF THE ETHEREUM FOUNDATION/TEAM AND OTHERS (WHITE HACKERS) TO RETURN ETC TO DAO HOLDERS ADDRESSES.

SEE POST BELOW & SIGN THE PETITION.


https://bitcointalk.org/index.php?topic=1576396.msg15827434#msg15827434

https://www.change.org/p/ethereum-foundation-members-of-ethereum-team-white-hats-to-return-etc-to-dao-holders

If you support ETC then they are the rightful owners. Do you see the logic paradox you are within?



Quote
Get Liquid! ‏@Get_Liquid 2h2 hours ago

@Sinzfeldt Yeah it's fun dumping coins on people who have principles, blockchains are about making $$ fiat profits at all costs.

Scumbags like this is why this scene is quickly destroying itself.


“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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August 07, 2016, 05:23:41 PM
 #2733

I did not invest in the Dao.  I taught that a crypto derivative with such a vast amount of money behind it this soon was asking for trouble.  It has almost destroyed the whole ethereum idea.  I stayed well clear then, and i also feel that way now.  However, people have to decide for themselves.  We were warned when we got involved that this was experimental.  If you go to github and download the new wallet you get a warning and have to click that you agree. 

White hat, Black hat, Green hats, its all the same to me, if you can work out how to do it, or prevent it you get rewarded.   
We are going to emancipate ourselves from mental slavery because whilst others might free the body, none but ourselves can free the mind. Mind is your only ruler, sovereign. The man who is not able to develop and use his mind is bound to be the slave of the other man who uses his mind….” Marcus Garvey, Nova Scotia, October 1937.

people have to decide for themselves.  If you feel strongly, sign the link.


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August 07, 2016, 05:29:26 PM
 #2734

I did not invest in the Dao.  I taught that a crypto derivative with such a vast amount of money behind it this soon was asking for trouble.  It has almost destroyed the whole ethereum idea.  I stayed well clear then, and i also feel that way now.  However, people have to decide for themselves.  We were warned when we got involved that this was experimental.  If you go to github and download the new wallet you get a warning and have to click that you agree. 

White hat, Black hat, Green hats, its all the same to me, if you can work out how to do it, or prevent it you get rewarded.   
We are going to emancipate ourselves from mental slavery because whilst others might free the body, none but ourselves can free the mind. Mind is your only ruler, sovereign. The man who is not able to develop and use his mind is bound to be the slave of the other man who uses his mind….” Marcus Garvey, Nova Scotia, October 1937.

people have to decide for themselves.  If you feel strongly, sign the link.



That petition is a Conundrum for many. IMO all DAO should be destroyed it it a failed experiment that those that invested should lose. Not to mention the fact that if that were to happen it would actually help ETH and ETC alike.

In reality there is nothing but Grey hats, all others are deluding themselves.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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August 07, 2016, 05:37:16 PM
 #2735

The petition requires that i give my Name, Address, Postcode, email,
Would you like my D.O.B. bank Acc number, credit card details, pin numbers and passwords too?

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August 07, 2016, 05:45:34 PM
 #2736


That petition is a Conundrum for many. IMO all DAO should be destroyed it it a failed experiment that those that invested should lose. Not to mention the fact that if that were to happen it would actually help ETH and ETC alike.

In reality there is nothing but Grey hats, all others are deluding themselves.

I agree, it has to hurt people, if it does not hurt they will try do it all again.  Just like the 2008-9 financial collapse and then the "bail out" of the banks.  The Banks are still at it.  I'm gonna do an Iceland!

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August 07, 2016, 05:49:27 PM
 #2737

http://www.huffingtonpost.com/david-seaman/in-bitcoins-barry-silbert_b_11353372.html

From the link

David Seaman YouTuber, researcher, and cryptocurrency enthusiast

As readers may already know, I used my space here to draw attention to Barry Silbert’s Ethereum Classic scam. You can read that coverage here and here.

A source assures me Classic meets the loose definition of a scam: it is in no way Ethereum. It is just an insecure orphan chain which is being promoted by a wealthy guy in New York, relentlessly, in a way that would be absolutely illegal if “Ethereum” were a publicly traded company or commodity - which it may well be one day soon, in some form.

Ethereum inventor Vitalik Buterin has publicly pledged “100%” of his support to ETH, the main blockchain for the Ethereum community.

Especially in light of Mr. Silbert’s prior cryptocurrency run-in with the S.E.C., my source suggests a second look from authorities might result in more than a slap on the wrist this time, especially since CoinDesk - a leading cryptocurrency media outlet wholly acquired by Mr. Silbert’s Digital Currency Group recently - has shifted to a “discernible” and “biased” promotional strategy for Classic since the acquisition.

“Kathryn [Haun] owes you a drink,” the source joked, referring to assistant U.S. attorney Kathryn Haun, who heads up the digital currency crimes office for the United States Dept. of Justice in San Francisco.

Nearly a week after our first stories about Mr. Silbert broke, he finally responded to my multiple public inquiries asking for an explanation. “Yeah, I care what you think,” Mr. Silbert tweeted to my personal Twitter account.

It’s not what I think that remotely matters, Mr. Silbert. It’s the Ethereum investors, the Ethereum developers, the American and international corporations developing on Ethereum, and the law enforcement community - they are the ones who want answers, not me.

I couldn’t care less.

Disclosure: At time of publication, I hold some bitcoin, ether, US dollars, and gold in my long term portfolio. As I held ether at the time of the fork, I also have a “Classic” position by default but have not sold any - Classic is a scam and I am uninterested in profiting from the sale of duplicate tokens.
Follow David Seaman on Twitter: www.twitter.com/d_seaman
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August 07, 2016, 06:00:34 PM
Last edit: August 07, 2016, 06:15:39 PM by greenuser
 #2738

I take it you are not a Classic fan lestherat?

I take the Chris Ellis view that "if Ethereum Classic is a scam, then Ethereum is a scam because Classic is the real Ethereum".  
You can't have it both ways guys!  Ref https://www.youtube.com/watch?v=s1XiAwSpXbI


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August 07, 2016, 06:03:27 PM
 #2739

http://www.huffingtonpost.com/david-seaman/in-bitcoins-barry-silbert_b_11353372.html

From the link

David Seaman YouTuber, researcher, and cryptocurrency enthusiast

As readers may already know, I used my space here to draw attention to Barry Silbert’s Ethereum Classic scam. You can read that coverage here and here.

A source assures me Classic meets the loose definition of a scam: it is in no way Ethereum. It is just an insecure orphan chain which is being promoted by a wealthy guy in New York, relentlessly, in a way that would be absolutely illegal if “Ethereum” were a publicly traded company or commodity - which it may well be one day soon, in some form.

Ethereum inventor Vitalik Buterin has publicly pledged “100%” of his support to ETH, the main blockchain for the Ethereum community.

Especially in light of Mr. Silbert’s prior cryptocurrency run-in with the S.E.C., my source suggests a second look from authorities might result in more than a slap on the wrist this time, especially since CoinDesk - a leading cryptocurrency media outlet wholly acquired by Mr. Silbert’s Digital Currency Group recently - has shifted to a “discernible” and “biased” promotional strategy for Classic since the acquisition.

“Kathryn [Haun] owes you a drink,” the source joked, referring to assistant U.S. attorney Kathryn Haun, who heads up the digital currency crimes office for the United States Dept. of Justice in San Francisco.

Nearly a week after our first stories about Mr. Silbert broke, he finally responded to my multiple public inquiries asking for an explanation. “Yeah, I care what you think,” Mr. Silbert tweeted to my personal Twitter account.

It’s not what I think that remotely matters, Mr. Silbert. It’s the Ethereum investors, the Ethereum developers, the American and international corporations developing on Ethereum, and the law enforcement community - they are the ones who want answers, not me.

I couldn’t care less.

Disclosure: At time of publication, I hold some bitcoin, ether, US dollars, and gold in my long term portfolio. As I held ether at the time of the fork, I also have a “Classic” position by default but have not sold any - Classic is a scam and I am uninterested in profiting from the sale of duplicate tokens.
Follow David Seaman on Twitter: www.twitter.com/d_seaman

Oh yeah dude you got it all figured out, we're over here trying to keep integrity going while eth promised their world supercomputer can't be tampered with or controlled by anyone, then did just the opposite because the development team had too much to lose. Then there's the fact that because of etc inception the same dev team got a ton of free etc that is worth a decent amount of money, did they cough any up to bailout the exchanges and others who lost because of their errors? Nope kept it for themselves. So yeah your totally right, we are the scammers that try to control the blockchain and can't contribute free money to people who lost alot due to our incompetence. And don't forget to mention our public call to 51% attack their chain, might as well get it all in there if your gonna manufacture obviously self serving bullshit.
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August 07, 2016, 06:09:21 PM
 #2740

huffington post  Cheesy  Is it in the Daily Mail too?   Grin  talk about bias media with no empirical verifiability  Cheesy

oh how we laugh...  i think i need 2p

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