[ANN] [ETC] Ethereum Classic: Immutable Smart Contracts

[Blazin888888]

All coins including bitcoin already have done hard forks by tech problems.

ETH is the onlyone that did it to cancel a legit negotiation in a smart contract to benefit their friends on a bad business.

Only a moron dont notice the difference.

Smart contracts still immutables on ETC.

lol you should tell cornell they hired a moron

https://twitter.com/el33th4xor

rofl

[EmilioMann]

All coins including bitcoin already have done hard forks by tech problems.

ETH is the onlyone that did it to cancel a legit negotiation in a smart contract to benefit their friends on a bad business.

Only a moron dont notice the difference.

Smart contracts still immutables on ETC.

lol you should tell cornell they hired a moron

https://twitter.com/el33th4xor

rofl

Yep, he is...
...or he knows nothing about crypto and about the history of btc, or he is just an eth investor without scruples wanting to manipulate his sheep

[Blazin888888]

or he knows nothing about crypto and about the history of btc

nice trolling there, where's your resume on bitcoin? 

http://hackingdistributed.com/egs/

Cryptocurrencies

I have worked hard to improve cryptocurrencies overall. For Bitcoin:

    My group built the The Falcon relay network, which aids decentralization
    My group developed Covenants to deter Bitcoin thefts;
    We invented Bitcoin-NG to sidestep the maximum block size debate and improve scalability by multiple orders of magnitude
    We introduced the first metrics for measuring decentralization and placing the blocksize debate on a scientific footing
    Ittay Eyal and I co-authored the Selfish Mining paper, which showed that some commonly held folk theorems about Bitcoin were false, and that the network was definitely at risk from any miner larger than 33%, possibly even smaller ones. We also provided a fix against this attack against miners smaller than 25%.
    I served as an expert witness in the U.S. lawsuit on behalf of the people who lost money at Mt. Gox.
    I was one of the main people to push back on GHash at the first coin summit to get them to back down from 51% of the hash power.
    Ittay Eyal and I have proposed 2P-PoW , a practical non-outsourcable puzzle scheme that can limit the size of open mining pools, while allowing individual miners to reduce their variance.
    I played a behind the scenes role in introducing set difference techniques that led to xthin blocks and other similar tricks.
    I have also spoken to regulators to convince them of the value of a light touch when it comes to this nascent area.

[Gladcoin]

LOL this is all despair for ETH not be replaced by ETC? I'm sure, are spending a lot of resources to hold the price of the ETC, but caution, it can all be in vain.

[EmilioMann]

or he knows nothing about crypto and about the history of btc

nice trolling there, where's your resume on bitcoin?  

History of Hardforks in Bitcoin

8th August 2010 - 92 billion BTC into existence

On 8th August 2010 bitcoin developer Jeff Garzik wrote what could be mildly described as the biggest understatement since Apollo 13 told Houston: “We’ve had a problem here.”. “The ‘value out’ in this block is quite strange,” he wrote on bitcointalk.org, referring to a block that had somehow contained 92 billion BTC, which is precisely 91,979,000,000 more bitcoin than is ever supposed to exist. CVE-2010-5139 (CVE meaning ‘common vulnerability and exposures’) was frighteningly simple and exploited to the point of farce by an unknown attacker. In technical language, the bug is known as a number overflow error.So instead of the system counting up 98, 99, 100, 101, for example, it broke at 99 and went to zero (or -100) instead of 100. In layman’s terms, someone found a way to flood the code and create a ridiculously large amount of bitcoin in the process.

The fix was the bitcoin equivalent of dying in a video game and restarting from the last save point. The community simply hit ‘undo’, jumping back to the point in the blockchain before the hack occurred and starting anew from there; all of the transactions made after the bug was exploited – but before the fix was implemented – were effectively cancelled.

How serious was it? Bitcoin’s lead developer Wladimir Van Der Laan is pretty blunt about it, telling me: “It was the worst problem ever.”

Source1: http://www.coindesk.com/9-biggest-screwups-bitcoin-history/
Source2: https://bitcointalk.org/index.php?topic=822.0

11/12 March 2013 - Chain Fork Information
What happened: A bitcoin miner running version 0.8.0 created a large block (at height 225,430) that is incompatible with earlier versions of Bitcoin. The result was a block chain fork, with miners, merchants and users running the new version of bitcoin accepting, and building on, that block, and miners, merchants and users running older versions of bitcoin rejecting it and creating their own block chain.

What is being done:Large mining pools running version 0.8.0 were asked to switch back to version 0.7, to create a single block chain compatible with all bitcoin software.

What will be done
The core developers have investigated what caused the old versions to reject the new blocks, and have released a 0.8.1 version that avoids creating blocks that are incompatible with older versions. A full post-mortem document has been published.

Source1: https://bitcoin.org/en/alert/2013-03-11-chain-fork
Source2: http://bitcoinmagazine.com/3668/bitcoin-network-shaken-by-blockchain-fork/
I also found this list: https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures

[Armstand]

LOL this is all despair for ETH not be replaced by ETC? I'm sure, are spending a lot of resources to hold the price of the ETC, but caution, it can all be in vain.

The price of the ETC is quite high at present. The reason for that is that the DAO hacker has not sold any.

[gijoes]

Funny how uninformed journalist spouts nonsense about DAO bailout being "a technical change" and essentially repeats a silly "ETC HF? LOL!" comedy routine that nobody but ETC trollsters find funny even a bit...

http://www.coindesk.com/ethereum-classic-blockchain-fork-ddos-attacks/

[Blazin888888]

 

 History of Hardforks in Bitcoin

dude whats your point? etherium classic is not bitcoin i can guarantee you that  

do your research fork 1 etherium classic kills existing contracts on the change because of new high gas price so irreversable code is law contracts and non third party interference blockchain is doa fork 2 will delete blockchain data even if it is empty so immute out the window and all decided by non vote and 3 or 4 developers and owner of the blockchain who started it with their money bankster friends behind them.  thats all you need to know. what you really need to know is this BTC  

[Gladcoin]

LOL Trolls ETC accusing of troll who defend the coin, it smacks despair.
 

[adolf512]

The price of the ETC is quite high at present. The reason for that is that the DAO hacker has not sold any.

I guess the attacker is expecting higher price in the future, interesting.

[vinci]

ethereum: yo dawg I heard u like some fork.

[Waldozaur12]

where is the pump ?

[gijoes]

where is the pump ?

Why would there be any? It's not a P&D shitcoin. Only those who understand Ethereum Classic value proposition as a community-backed smart contract platform without a single centralized point of failure should invest in it. Not the moonkids looking for a quick P&D. There is already like a million P&D altcoins specifically for that.

That being said, it doesn't mean there won't be a spectacular ETC price appreciation once people realize its has real value that ETH lost through stupid actions of Ethereum Foundation. But this appreciation doesn't depend on efforts of altcoin pumpers even a bit.

[greenuser]

Has this coin forked yet?

[roselee]

Has this coin forked yet?

yes and as far as i know was it a success

[greenuser]

Has this coin forked yet?

yes and as far as i know was it a success

Cool, attacks? anyone got a node up and running solo mining?

[Ziscadas]

where is the pump ?

Why would there be any? It's not a P&D shitcoin. Only those who understand Ethereum Classic value proposition as a community-backed smart contract platform without a single centralized point of failure should invest in it. Not the moonkids looking for a quick P&D. There is already like a million P&D altcoins specifically for that.

That being said, it doesn't mean there won't be a spectacular ETC price appreciation once people realize its has real value that ETH lost through stupid actions of Ethereum Foundation. But this appreciation doesn't depend on efforts of altcoin pumpers even a bit.

That is right. There could be a big price rise when the whales have accumulate enough ETC in the future.

[ApexEvo]

What is nearest event? Anything in pipeline on community or development level?

[4K-kun]

where is the pump ?

Why would there be any? It's not a P&D shitcoin. Only those who understand Ethereum Classic value proposition as a community-backed smart contract platform without a single centralized point of failure should invest in it. Not the moonkids looking for a quick P&D. There is already like a million P&D altcoins specifically for that.

That being said, it doesn't mean there won't be a spectacular ETC price appreciation once people realize its has real value that ETH lost through stupid actions of Ethereum Foundation. But this appreciation doesn't depend on efforts of altcoin pumpers even a bit.

That is right. There could be a big price rise when the whales have accumulate enough ETC in the future.

What if whales are myth?

[gijoes]

What is nearest event? Anything in pipeline on community or development level?

Another fork is planned for mid-January that will bring replay attack protection, diff bomb removal and an emission cap.