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mybitcoin101
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August 05, 2016, 05:52:34 AM |
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Bitcoin got forked too  Now, which chain survived? Forked one or old one? Whoever answers right, keeps coins that wont devalue. You don't seem to understand the reasons behind either of the forks. Bitcoin had a legitimate reason for the hard fork in the past, protocol security. Ethereum hard fork was to bail out idiots who invested in a bugged smart contract. bingo! |
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varusisog
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Activity: 123
Merit: 10
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August 05, 2016, 07:46:07 AM |
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Well I dont even get the discussions
Why the fork did they rename the REAL ETHEREUM to ETC?
The new forked Ethereum is not ETH. Its bad, its not cryptocurrency, its completely arbitrary and saucy.
Whoever decided to rename the real Ethereum to ETC made a very flawed decision right there.
~CfA~
Have you bought any ETC recently? The price has dropped 50% in the last few days, it is good time to collect. |
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thebetsport
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Activity: 98
Merit: 10
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August 05, 2016, 09:22:15 AM |
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I think ETH is ethereum is early develop ethereum is ETH until now still ETH
same bitcoin hard forx, hard fork lost consensus is still bitcoin clasic
is now ETH diference consesus ETH hard fork is win so is use hardford, is not sartifice is use still ethreum classic is ETC
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Azael
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August 05, 2016, 09:37:22 AM |
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I think the main issue ETC faces is the fact that after ETH PoS they can no longer do rollbacks. At that point what does ETC offer that ETH doesn't?
And I am not sure what ETC will do when ETH go PoS. I hear continue PoW, but that would require a HF to avoid difficulty bomb.
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twitter.com/erikledgers
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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August 05, 2016, 10:28:54 AM |
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I think the main issue ETC faces is the fact that after ETH PoS they can no longer do rollbacks. At that point what does ETC offer that ETH doesn't?
And I am not sure what ETC will do when ETH go PoS. I hear continue PoW, but that would require a HF to avoid difficulty bomb.
yeah. this is a potentially thorny one. they've backed themselves into a corner a little bit. they're not gonna do any type of rollback apart from something totally catastrophic for the entire protocol. as for the pow thing, i'll guess there'll be huge demand from people for it to stay pow but they're gonna need some real developers doing real developing to route around something it wasn't designed to continue doing. if they can get past that then they're golden, or it might be the end of the party. |
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varusisog
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Activity: 123
Merit: 10
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August 06, 2016, 03:56:00 PM |
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I think ETH is ethereum is early develop ethereum is ETH until now still ETH
same bitcoin hard forx, hard fork lost consensus is still bitcoin clasic
is now ETH diference consesus ETH hard fork is win so is use hardford, is not sartifice is use still ethreum classic is ETC
It does not matter which one is the real Ethereum. The one that survive the DAO hacker dump will be the real one. |
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mining1
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August 06, 2016, 04:31:53 PM |
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Abiky
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www.Crypto.Games: Multiple coins, multiple games
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August 06, 2016, 07:14:20 PM |
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It seems that there are loyal projects that decide to follow ETH. In the case of ETC, only 1 project is behind it so in my opinion, I think that maybe the ETH chain will be the one that will survive in the long term while the original chain will slowly fall. Unless a serious development team takes over ETC and decides to make it fresh and innovative, then it could take over in the next months or years. Just my opinion.  |
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Minecache
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Vave.com - Crypto Casino
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August 06, 2016, 08:09:50 PM |
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It seems that there are loyal projects that decide to follow ETH. In the case of ETC, only 1 project is behind it so in my opinion, I think that maybe the ETH chain will be the one that will survive in the long term while the original chain will slowly fall. Unless a serious development team takes over ETC and decides to make it fresh and innovative, then it could take over in the next months or years. Just my opinion. Well all devs and financial institutions are backing ETH not the criminal coin ETC. It doesn't take a genius to realise this. As you say ETC will slowly die especially after the DAO attacker dumps his criminal proceeds. |
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2legit2
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August 06, 2016, 09:08:26 PM |
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I think ETH is ethereum is early develop ethereum is ETH until now still ETH
same bitcoin hard forx, hard fork lost consensus is still bitcoin clasic
is now ETH diference consesus ETH hard fork is win so is use hardford, is not sartifice is use still ethreum classic is ETC
It does not matter which one is the real Ethereum. The one that survive the DAO hacker dump will be the real one. well the coins can be dumped only on etc because it is the real ethereum right now, though i doubt that those coins will be dumped as the hacker might want to keep it as an investment |
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QuestionQuest
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August 06, 2016, 10:32:20 PM |
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ETC is the ETH with MODIFICATION. The first modification was the hack. (DAO) The second modification was to undo on a best way the first modification. ETC is just the blockchain where a hacker (or a group of) got the most coins of the network and the first modification is not undo. ETH is what ETHEREUM was intended to be. Both coins have a manipulated chain, if you get that the hack was a manipulation at first  I hope all people are hitting the gong on ETC. Yeah. Until those who used the DAO will drop on the market, let the price crash and get rich themself. Smart idea to invest on ETC  Whatever. Do what will get you profit, but always balance it. Get some ETC, get some ETH and if you have to many from one exchange some to BTC, LTC or FIAT. Cheers. |
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fravia
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August 06, 2016, 10:33:56 PM |
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Well I dont even get the discussions
Why the fork did they rename the REAL ETHEREUM to ETC?
The new forked Ethereum is not ETH. Its bad, its not cryptocurrency, its completely arbitrary and saucy.
Whoever decided to rename the real Ethereum to ETC made a very flawed decision right there.
~CfA~
Have you bought any ETC recently? The price has dropped 50% in the last few days, it is good time to collect. of course it is great time to buy etc right now, im putting my bitcoins into it right now as i know that it is going to be way bigger than eth has ever been, i hope im right |
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Abiky
Legendary
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Activity: 3234
Merit: 1364
www.Crypto.Games: Multiple coins, multiple games
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August 07, 2016, 01:49:48 AM |
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Well all devs and financial institutions are backing ETH not the criminal coin ETC. It doesn't take a genius to realise this. As you say ETC will slowly die especially after the DAO attacker dumps his criminal proceeds.
It will be very interesting to see what happens once the DAO hacker dumps all his ETC. This would cause the price to plummet drastically leaving ETC as a valueless coin. In my opinion, the only thing that ETC is good at is to make you free money. I did have some ETH after the hardfork, so when ETC emerged, I've had the same balance as ETH so I have decided to sell those ETC for free BTC. |
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bbc.reporter
Legendary
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Activity: 2968
Merit: 1454
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August 07, 2016, 02:30:38 AM |
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Immutability in a blockchain is there if the majority allows it. The majority voted for the hard fork to undo the catastrophe that the DAO became. Since the majority voted, ETH is the updated Ethereum chain. ETC is more of an eth-altcoin. Immutability was never broken because it was majority decision.
The majority did not even vote. Only a small percentage of users have voted. This is known all over by the community. The voting on carbonvote is a farce organized by Vitalik. |
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varusisog
Member
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Activity: 123
Merit: 10
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August 07, 2016, 04:42:33 PM |
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Immutability in a blockchain is there if the majority allows it. The majority voted for the hard fork to undo the catastrophe that the DAO became. Since the majority voted, ETH is the updated Ethereum chain. ETC is more of an eth-altcoin. Immutability was never broken because it was majority decision.
The majority did not even vote. Only a small percentage of users have voted. This is known all over by the community. The voting on carbonvote is a farce organized by Vitalik. The people who do not vote let others decide. That happens in all kinds of democracy. No vote no say. |
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jmpFCE2
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August 07, 2016, 04:47:52 PM |
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Only ETC failed even before the DAO bug abuser could dump |
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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August 07, 2016, 08:55:57 PM |
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....
I don't belive that hacker will dump all ETC just becouse he is courious where it will go. For ETC this is just onother whale with big chunk of coin that supress ETC price. But porobably over time he will sell off his shares. If he dump you will see ETC for 0,01$  ... capitalization is not real value. We will see where all will go. If i would invest in ETC ar ETH i should go with that one have or will have more projects onboard hisstory doeasn't matter. |
Request / 26th September / 2022 APP-06-22-4587
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Perryll
Newbie
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Activity: 14
Merit: 0
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August 07, 2016, 09:46:51 PM |
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Immutability in a blockchain is there if the majority allows it. The majority voted for the hard fork to undo the catastrophe that the DAO became. Since the majority voted, ETH is the updated Ethereum chain. ETC is more of an eth-altcoin. Immutability was never broken because it was majority decision.
The majority did not even vote. Only a small percentage of users have voted. This is known all over by the community. The voting on carbonvote is a farce organized by Vitalik. The people who do not vote let others decide. That happens in all kinds of democracy. No vote no say. Usually helps if everyone knows it's happening, though. |
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lister storm
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August 07, 2016, 10:05:47 PM |
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Well I dont even get the discussions
Why the fork did they rename the REAL ETHEREUM to ETC?
The new forked Ethereum is not ETH. Its bad, its not cryptocurrency, its completely arbitrary and saucy.
Whoever decided to rename the real Ethereum to ETC made a very flawed decision right there.
~CfA~
Have you bought any ETC recently? The price has dropped 50% in the last few days, it is good time to collect. i dropped a lot of etc some time back and even if the price went down im still holding it right now, i hope that its price is going to jump pretty soon |
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Abiky
Legendary
Offline
Activity: 3234
Merit: 1364
www.Crypto.Games: Multiple coins, multiple games
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August 08, 2016, 12:48:49 AM |
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....
I don't belive that hacker will dump all ETC just becouse he is courious where it will go. For ETC this is just onother whale with big chunk of coin that supress ETC price. But porobably over time he will sell off his shares. If he dump you will see ETC for 0,01$ ... capitalization is not real value. We will see where all will go. If i would invest in ETC ar ETH i should go with that one have or will have more projects onboard hisstory doeasn't matter. Me too. Usually, the coin with the most projects will be the one that will be the most supported over the long term. ETC only has a minority of users into it, while ETH has the biggest investors and development team. I'm pretty sure that once Casper PoS hits out for ETH, things will be a lot better than what they are right now. Just my opinion.  |
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