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

[tylerderden]

Ok i will ask again. Your perdictions guys.. will ETC recover from this mess or its over of this crypto?? What will happen after those 8 mil. will get back on the market?

ETC has never recovered from anything, in my eyes it is worthless. The only value it has is for trading and for all coins that did, this will be like all others and slowly going lower and lower. It's marketcap is too high.

Money has value from fungibility, scarcity, and demand. Since it only takes a single digit percentage minority on eth to edit how money works, who has it, and where it goes, eth has absolutely zero value as a currency. We can't trust anything about it since it can be modified at any time with extreme ease for profit seeking parties.

Exactly if people were not concerned about eth and their control over the blockchain guess what...etc would have zero support so that speaks for itself. As far as the scumbag "white hat" (right..) why aren't you all in your thread demanding he uses that to make whole the exchanges and whoever else lost out due to your devs fuck ups? Seems like a great opportunity to change the perception damn near everyone except you bagholders has of eth right now. But you and I both know they won't do it, all that free money and they sit back and do nothing to remedy the situation they created. Yet they will fork the goddamn chain to protect their cash huh? This is all pretty telling there bagholders, your leaders are greedy and corrupt and give zero fucks about the integrity of "their" blockchain. This fucking game is over, you dumbasses just haven't figured it out yet.

[1713499536]

1713499536

[greenuser]

In my eyes, ethereum has become a toxic brand.  The only way it can survive is through ECT, who still obey the social contract.  
All eyes on Alex, if he dumps he will alienate so many people, rootstock will take the glory over ETH.

[tylerderden]

In my eyes, ethereum has become a toxic brand.  The only way it can survive is through ECT, who still obey the social contract.  
All eyes on Alex, if he dumps he will alienate so many people, rootstock will take the glory over ETH.

I don't know but it says on reddit one of them just dumped 129k etc, why would you do that? It was free dude, there are people who lost alot because of their dao, rushed bail out fork all kinds of stuff. Apparently they don't have a pr guy to advise their 20 something year old asses, I keep waiting to see something that is a step in the right direction or at least an attempt at doing the right thing. So far it's been self serving and vindictive over and over again. Seen it before...they're big time and can do what they want. Only they can't, and they're going to learn that lesson pretty quick at this rate.

[greenuser]

ETHEREUM CLASSIC BLOCK EXPLORER    was showing wei balance only (no decimal point).

Big thanks to dontpanicburns on dev slack channel this afternoon for the swift action.
 
Now working showing  wei and etc       http://blocks.elaineou.com/home

[dan_and_shan]

8 million of ETC goes to market soon

http://slacknation.github.io/medium/14/14.html

The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?

http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088




Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money

WHAT NOW, ALEX?

Has he made any statement on this as yet

[tylerderden]

He should dump the ETC and use the money for ETH foundation.

Oh yeah that's definitely the smartest move. Blockchain bailouts are OK, but using free money to make whole the people who lost out because of these incompetent children..I mean ballers..is off limits lol!!  Better keep it for themselves, that's gonna help the situation.

[Virtual Me]

He should dump the ETC and use the money for ETH foundation.

that would follow their principles i guess, screw everyone else and make ourselves more money

[lin0sspice]

no working block explorer, he/she can move 7 million without a trace.

[tylerderden]

He should dump the ETC and use the money for ETH foundation.

that would follow their principles i guess, screw everyone else and make ourselves more money

I know dude I was confused, here I thought it was about the world supercomputer that no one can tamper with, forgot...crypto, hookers and blow. My bad.

[tylerderden]

no working block explorer, he/she can move 7 million without a trace.

More shady shit, DDoS the block explorers, steal..I mean move the money. Yeah dude these guys are totally going mainstream. Bill Gates I'm sure is clearing his schedule as we speak and rolling out the red carpet lol!

[tylerderden]

8 million of ETC goes to market soon

http://slacknation.github.io/medium/14/14.html

The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?

http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088




Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money

WHAT NOW, ALEX?

Has he made any statement on this as yet

Wait....isn't that the douchebag from gpu coin that ran off with the money and the gpu's lol!??

[greenuser]

Would make a good photoshop "Wanted dead or alive - bounty" poster  

[mybitcoin101]

Would make a good photoshop "Wanted dead or alive - bounty" poster  

he is already a marked man/geek

[tylerderden]

He should dump the ETC and use the money for ETH foundation.

Blockchain bailouts are OK, but using free money to make whole the people who lost out because of these incompetent children..

So returning ETH = bailout, but returning ETC = making whole to the innocent people who lost out because of incompetent devs? Classic.

The hypocrisy of ETCultists is  truly something. Last time i checked, the DAO investors on ETH chain were "greedy morons who did not even research the code", the hacker was a "hero who deserves the coins". I always knew your ideology and "strong principles" circle-jerk was fake as fuck, but the fact that you are now begging for a DAO refund is freaking hillarious.

I give 2 fucks about the dao refund, I wouldn't touch that shit sorry. I find it funny that they fuck with the chain for money, they get free money and there are exchanges that lost money because of their shit ass implementation of their bailout fork and whatever other shenanigans that have occurred because of these clowns, the entire community ( other than bagholders) don't have a very high opinion of their foundation controlled bullshit whatever the fuck it is, they have an opportunity to do ONE thing, right some wrongs...with FREE money, nah they gone keep it like straight ballers LOL!!! You want to defend that shit cool. Myself I'm cashing out my pile of the eth premine at .000275 or whatever it was i paid. You go ahead and do what you want, these Fuckers are everything wrong with crypto. It's all goddamn pathetic, just like people willing to accept this shit.

Let me elaborate, the free money I'm talking about is the etc they got for nothing. And the people I'm talking about making whole are the exchanges, pools or whatever other crypto business lost money because of their shit. I'm not talking about the dao, fuck them they made their decision and eth already bailed their asses out and lost all respect in the process. Don't twist my words man.

[Virtual Me]

That is an interesting take on the whole cluster,
 I was under the impression that classic was attempting to keep some credibility to the original mission statement.

"Our goal is to provide a platform for decentralized applications - an android of the cryptocurrency world, where all efforts can share a common set of APIs, trustless interactions and no compromises. We ask for the community to join us as volunteers, developers, investors and evangelists seeking to enable a fundamentally different paradigm for the internet and the relationships it provides. "

"a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries."

To this end ETC exists, had this been the true driving force, we would not find ourselves in this quagmire.  

[randayh]

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[greenuser]

He should dump the ETC and use the money for ETH foundation.

Blockchain bailouts are OK, but using free money to make whole the people who lost out because of these incompetent children..

So returning ETH = bailout, but returning ETC = making whole to the innocent people who lost out because of incompetent devs? Classic.

The hypocrisy of ETCultists is  truly something. Last time i checked, the DAO investors on ETH chain were "greedy morons who did not even research the code", the hacker was a "hero who deserves the coins". I always knew your ideology and "strong principles" circle-jerk was fake as fuck, but the fact that you are now begging for a DAO refund is freaking hillarious.

He holds the keys, it's his ETC.  He can do with it as he pleases.  He may realise he has a worthy asset and hold.  Who knows.  I beg for nothing and i kneel for no man.  Better to die on your feet than live on your knees.

If i held that asset, would you wander the forums, spouting my name attempting to intimidate people for kicks?  Or do you have other reasons to worship at his altar?

[tylerderden]

And then there's the whole we rolled back the damn chain cause hacks....then take the money themselves thing.

[MalReynolds]

Where's the update on the 8M ETC you are holding, Alex?

[greenuser]

What happen to the social contract Alex?