RoseMann
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August 01, 2016, 10:11:18 PM |
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OK look I agree that under the right circumstances a hard fork can be beneficial but it all depends on full disclosure, what was the announcement for it (i know im very behind here and trying to understand) Im reading through this thread and reading things about "trying to hide a particular set of transactions"
does anyone know the official reason from the devs for a hard fork?
... We would like to congratulate the Ethereum community on a successfully completed hard fork. Block 1920000 contained the execution of an irregular state change which transferred ~12 million ETH from the “Dark DAO” and “Whitehat DAO” contracts into the WithdrawDAO recovery contract. The fork itself took place smoothly, with roughly 85% of miners mining on the fork: ... from: https://blog.ethereum.org/2016/07/20/hard-fork-completed/Edit 1: The "enemy" here is the Dark DAO. Edit 2: On July 20th, 2016 12 Million ETH were worth approximately 145 Million USD. The seizure of funds was done with no due process of law. It remains an open legal question where this seizure of funds was even lawful or even if the "DAO Hacker" was legally in the right. Can someone please point out to me a court of law in a competent jurisdiction that has actually ruled on the matter. Edit 3: Even the US Government is not immune from this attack if they are branded "the enemy" as this old thread illustrates. https://bitcointalk.org/index.php?topic=306809.0;allVery interesting, hardly full disclosure to say the least
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Mastercon
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August 03, 2016, 08:20:00 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
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dumpida
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August 04, 2016, 11:02:15 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit.
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Sniper44
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August 04, 2016, 05:07:41 PM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price.
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to the moon with bitcoin...
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Mastercon
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August 05, 2016, 11:04:43 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days.
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dumpida
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August 06, 2016, 09:15:28 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days. The ETC price has recovered somewhat. It seems the ETC investors are quite rich, they can absorb big dump.
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Mastercon
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August 07, 2016, 10:36:52 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days. The ETC price has recovered somewhat. It seems the ETC investors are quite rich, they can absorb big dump. The ETC investors need to be rich enough to absorb the dump of the DAO hackers and the Ethereum Foundation.
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panju1
Legendary
Offline
Activity: 1246
Merit: 1000
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August 07, 2016, 10:40:40 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days. The ETC price has recovered somewhat. It seems the ETC investors are quite rich, they can absorb big dump. The ETC investors need to be rich enough to absorb the dump of the DAO hackers and the Ethereum Foundation. Getting the Ethereum foundation out might actually do it a world of good. These dumps were the last weapons of the ETH brigade. Now there is no more hold that ETH backers have on ETC.
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dumpida
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August 07, 2016, 02:15:08 PM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days. The ETC price has recovered somewhat. It seems the ETC investors are quite rich, they can absorb big dump. The ETC investors need to be rich enough to absorb the dump of the DAO hackers and the Ethereum Foundation. Getting the Ethereum foundation out might actually do it a world of good. These dumps were the last weapons of the ETH brigade. Now there is no more hold that ETH backers have on ETC. The Ethereum Foundation has fewer ETC than the black hat hacker and the white hat hacker. So the hackers are more important.
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RoseMann
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August 11, 2016, 02:50:50 AM |
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I heard the rise of the ETC is due to the pump by the bitcoin owners. So they like the hard fork of the coins.
The bitcoin price dropped 20% in the last few months. The ability to pump the ETC has reduce a bit. both of you are only relating two things that has no relationship with each other. bitcoin and ethereum rise and falls has nothing to do with each other. ETC is being pumped because why not, it is the hot topic of these days and there is a lot of profit in it. but BTC has experienced a drop because of the bitfinex hack and neither BTC rise nor its fall has anything to do with ethereum and its price. I heard some developers will not support the ETC. So the ETC price has dropped about 40% in the last few days. The ETC price has recovered somewhat. It seems the ETC investors are quite rich, they can absorb big dump. in no way did a hard fork ever mean the price would not go up, and i also do not believe the big dump is coming, as its not the most profitable way for the hacker to sell of his stack
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RastMan
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August 27, 2016, 08:04:02 AM |
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For the time being, it is up to the ETC holders to decide if they want to update. In the future, it will have nothing to do with ETH.
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oblivi
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August 27, 2016, 03:38:47 PM |
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I hope ETC forks to become PoW only and ETH forks to become PoS so ETC has a bigger reason to exist, differentiation is key and PoW+immutable is great.
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RastMan
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September 06, 2016, 07:47:58 AM |
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I hope ETC forks to become PoW only and ETH forks to become PoS so ETC has a bigger reason to exist, differentiation is key and PoW+immutable is great.
That is my hope as well. That will make the mining a good business. Otherwise we have to find places for those GPU.
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Vlad2Vlad
Legendary
Offline
Activity: 3052
Merit: 1534
www.ixcoin.net
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September 06, 2016, 01:10:37 PM |
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ETC will rally which will be the exact reason they'll use to fork Bitcoin.
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iXcoin - Welcome to the F U T U R E!
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RastMan
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September 15, 2016, 05:09:32 PM |
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ETC will rally which will be the exact reason they'll use to fork Bitcoin.
I do not think there will be a hard fork for the bitcoin. There will be only soft forks. That is much safer.
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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September 15, 2016, 07:42:32 PM |
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Hardforking is fine. Hardforking to steal money, no matter the reason why, is very controversial and bound to cause problems.
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dinofelis
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September 16, 2016, 08:52:56 AM |
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I do not think there will be a hard fork for the bitcoin. There will be only soft forks. That is much safer.
A soft fork has the "advantage" that it is compulsory if you have a majority of miners with you, no matter what your users think. In other words, with a soft fork, if you have 51% of the miners with you, you can shove it down the throats of the whole community. A hard fork only needs ONE miner to disagree, and the other chain lives on. Next, the users will determine the relative market caps, and in the end, the mining that depends on the market cap (the block reward and the difficulty determine the profitability). But I don't see how bitcoin could avoid hard forking. If I were to invent an altcoin, I would design it as a fork from bitcoin, to solve the issue of initial distribution, to have directly a large user base (all bitcoin holders get "free money" and become directly coin holders) and to have a serious kicking off its trading. It is very strange that most alts start new chains with a new genesis block, instead of using the bitcoin chain as point of departure.
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logicalmayhem
Newbie
Offline
Activity: 2
Merit: 0
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September 16, 2016, 05:16:02 PM |
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Bitcoin is always the best despite of all other new entries widely accepted all over the world Bitcoin has some pretty big problems, the double spend exploits are getting pretty rampant now and their system of devoting all their rewards to hashing gives you pretty extreme diminishing rewards. DASH will be the future, after evolution launches next year
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Ayers
Legendary
Offline
Activity: 2758
Merit: 1024
Vave.com - Crypto Casino
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September 16, 2016, 05:46:27 PM |
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Bitcoin is always the best despite of all other new entries widely accepted all over the world Bitcoin has some pretty big problems, the double spend exploits are getting pretty rampant now and their system of devoting all their rewards to hashing gives you pretty extreme diminishing rewards. DASH will be the future, after evolution launches next year double spending for what for the malleability issue? i thought that was only an exchange issue and was fixed already with last version, bitcoin only need other few update to be really the best one
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