[ANN] [ETC] Ethereum Classic - Immutable Smart Contracts (unmoderated)

[JudgeDredd_]

Do you guys think ETH will die out and everyone will go to ETC ?

[frostminer]

I don't see anything here that's been "censored" there

Are you joking?

You have been MASS DELETING posts.


The thread didnt get the "North Korea" name for nothing.

[owlcatz]

Do you guys think ETH will die out and everyone will go to ETC ?

The 24hr volume is running at 10K BTC/ETC vs 5K BTC/ETH at polo right now, so that is indeed a very good question.

Edit - Greed will win either way. Both are like shitcoins to me now anyhow lol.

[bitpop]

First EthereumClassic meetup on 18 August in London https://twitter.com/bit_novosti/status/759285973981208576

Litecoin dev: Major miners are turning to #ETC now. https://twitter.com/TheRealXinxi/status/759255155674062848

[JudgeDredd_]

First EthereumClassic meetup on 18 August in London https://twitter.com/bit_novosti/status/759285973981208576

Litecoin dev: Major miners are turning to #ETC now. https://twitter.com/TheRealXinxi/status/759255155674062848

That is interesting, will sure follow this up.

[frostminer]

Bitpop still doing heavy muting in his immutable coin thread.

This time this one:


deleted post:

"kinda pointless to reply here, as most replies are deleted if Kim Jung Bitpop doesnt approve.


This should be the main thread for ETC:
[ANN] [ETC] Ethereum Classic - Immutable Smart Contracts (unmoderated) https://bitcointalk.org/index.php?topic=1567565.0

"

[JudgeDredd_]

Bitpop still doing heavy muting in his immutable coin thread.

This time this one:


deleted post:

"kinda pointless to reply here, as most replies are deleted if Kim Jung Bitpop doesnt approve.


This should be the main thread for ETC:
[ANN] [ETC] Ethereum Classic - Immutable Smart Contracts (unmoderated) https://bitcointalk.org/index.php?topic=1567565.0

"

This is why this thread exist.

[m4nki]

Following this thread.

[bbc.reporter]

First EthereumClassic meetup on 18 August in London https://twitter.com/bit_novosti/status/759285973981208576

Litecoin dev: Major miners are turning to #ETC now. https://twitter.com/TheRealXinxi/status/759255155674062848

This will turn the tide for the original Ethereum classic. Miners from other altcoins are most welcome to secure the network. If everything will go well it will be profitable for them, beneficial to the community and will become an open and fair playground for the developers. Bravo people!

[frostminer]

First EthereumClassic meetup on 18 August in London https://twitter.com/bit_novosti/status/759285973981208576

Litecoin dev: Major miners are turning to #ETC now. https://twitter.com/TheRealXinxi/status/759255155674062848

This will turn the tide for the original Ethereum classic. Miners from other altcoins are most welcome to secure the network. If everything will go well it will be profitable for them, beneficial to the community and will become an open and fair playground for the developers. Bravo people!

That TheRealXinxi user seems quite retarded... not really a good selling point.

He also thinks "btc has been hacked" ...

[densuj]

Do you guys think ETH will die out and everyone will go to ETC ?

I don't think so, if there are not updating and innovation by developer of ETC it will not happen. Even if there are not wallet ETC on android, it is different with ETH who has wallet on android. So let's wait and see updating and innovation by developer of ETC.

[bbc.reporter]

The forked chain will not die easily. I keep repeating it here in the forum that there will be a mining arms race between the original Ethereum classic and the Ethereum fork. It already has begun and some parties are already expressing their interest in mining the original chain. Now the only question that remains is will it be profitable for the miners? So that will depend in the price of ETC. Higher ETC price = higher hash rate.

[usukan]

@iCEBREAKER - Ive watched your posts from other threads and you have some good wisdom and ideas here - you have experience which many if not most here do not unfortunately - but ignore the flack from @green whatever it is. As if their personal situation should guide the future of ETC? This community should pay you MUCH more attention.

Just a mention there @BitPop - nobody in ETC wants censorship in the threads - so back off please. We are 100% against this. If you don't agree - you are diametrically opposed to what ETC stands for.

Just for the record

This community member favours POS - yes straight out POS

I could live with SHA256/POS

Forget hybrid POW, continuing daggerhasi...fork once and get it right.

KISS principle - keep it simple STUPID

My suggestions
- POS has security and enables scale-ability (like 3sec blocks plus ETH version of Lightening Network - Raiden) - it also directly draws from ETH work which takes heat of the poor few ETC devs who will be going mad trying to keep up if there is significant divergence
- POW SHA256 will get mass adoption - and its nuts and bolts to swap (and its a world away from ETH) - the security provided by SHA256 adoption should not be underestimated.


Register this please - POS for ETC going forward - thats my vote. I don't care if you disagree - we will debate in detail further down the track when things are clearer.

Yes -  I am a miner (SHA256 and other algos - whatever that pays the best at the time) but I consider that the horizon is close to sunset on this infernal waste of resources to support a coin. Most miners do not have cheap/free power and most electricity is NOT surplus or sustainable. 5 years from now POW will be dead IMO unless China continues to prop up miners and centralise things further.

POS is the future IMO

[usukan]

post by icebreaker https://bitcointalk.org/index.php?topic=1559630.msg15836594#msg15836594

PoW miners in China and everywhere else gravitate towards free surplus energy blah blah blah...OK enough of the scope creep.   Tongue

Turning the specific case of ETC into a general referendum on PoW vs PoS and every other pet issue around is the opposite of KISS.

Changing to a different pure PoW is highly controversial and a non-starter.

We have three potentially viable options.

In order of KISS to not-KISS:

1.  Merge whatever PoS ETH does.  Done.
2.  Defuse diff bomb and PoW forever.  Hope devs and economy are up to the Medium Difficulty task of coping with protocol/codebase drift.
3.  Charlie Hos' new hybrid.  Hope it works and is secure.  Hope devs and economy are up to the Highly Difficult challenge of coping with protocol/codebase drift.

Note these are not mutually exclusive propositions, resulting in ETC, Classic Classic, and ETC2, but only the first option minimizes effort duplication in regard to ETH.


IMO of usukan:

Cool - I am with you on this -
1.  Merge whatever PoS ETH does.  Done.

[szachta]

ETH go to pos or ETC go to pos?Chao have 1 eskido = 3 BTC week ago have 1 chao=12 BTC,so ETC yes can be 1ETC=1 BTC,i will wait with my 84 ETC two years,maybe price will go up.I have much profit with prohashing .

[monsanto]

In order of KISS to not-KISS:

1.  Merge whatever PoS ETH does.  Done.
2.  Defuse diff bomb and PoW forever.  Hope devs and economy are up to the Medium Difficulty task of coping with protocol/codebase drift.
3.  Charlie Hos' new hybrid.  Hope it works and is secure.  Hope devs and economy are up to the Highly Difficult challenge of coping with protocol/codebase drift.

4. Total and complete immutability..total purity: no defusing of difficulty bomb.



The most KISS of all.

[ocminer]

10% Mining Bonus soon on https://etc.suprnova.cc

Check the Countdown on the page

[DMDCreeper]

I am purely a miner and I am not interesting in these arguments about ETC vs ETH.  I mine whichever is more profitable. 

I have been solo mining ETC experimentally for the past 18 hours.  Over that period I have found 5 blocks, 3 of which appear to be Uncles.  I wrote some software to use the geth RPC to determine when my balance changes and if it does, I add a "deposit" record to a database.  The software queries geth at regular intervals.  I did not write this software to check the accuracy of the wallet, its more about mining stats and profitability.

I use this same program for ETH, ETC, and Expanse and it has worked correctly for months.  This morning I noticed something peculiar and I am wondering if the ETC community can explain it.  I see in my database 5 deposits that sum to a little over 17 ETC.  However, my wallet account balance is only 9 ETC.  Since my program compares an old balance to a new balance the old balance would have to have increased 5 times in the amounts shown in my database for these deposits to appear.  So its clear that I did in fact receive 17 ETC POW rewards.

As I said, the program was not intended to be an accounting program for my wallet but I have since changed it to look for decreases as well as increases.

I will continue to mine ETC to see if this continues but I'd like to know if anyone can explain what is happening that is causing my balance to decrease after I received a mining reward.

And if anyone is interested, since I have mined ETC off and on for a few weeks, I have found a number of blocks and about 60% of them are uncles.  When you factor in the reduced rewards for uncles, it significantly changes the profitability of ETC vs. ETH.

[frostminer]

I am purely a miner and I am not interesting in these arguments about ETC vs ETH.  I mine whichever is more profitable. 

I have been solo mining ETC experimentally for the past 18 hours.  Over that period I have found 5 blocks, 3 of which appear to be Uncles.  I wrote some software to use the geth RPC to determine when my balance changes and if it does, I add a "deposit" record to a database.  The software queries geth at regular intervals.  I did not write this software to check the accuracy of the wallet, its more about mining stats and profitability.

I use this same program for ETH, ETC, and Expanse and it has worked correctly for months.  This morning I noticed something peculiar and I am wondering if the ETC community can explain it.  I see in my database 5 deposits that sum to a little over 17 ETC.  However, my wallet account balance is only 9 ETC.  Since my program compares an old balance to a new balance the old balance would have to have increased 5 times in the amounts shown in my database for these deposits to appear.  So its clear that I did in fact receive 17 ETC POW rewards.

As I said, the program was not intended to be an accounting program for my wallet but I have since changed it to look for decreases as well as increases.

I will continue to mine ETC to see if this continues but I'd like to know if anyone can explain what is happening that is causing my balance to decrease after I received a mining reward.

And if anyone is interested, since I have mined ETC off and on for a few weeks, I have found a number of blocks and about 60% of them are uncles.  When you factor in the reduced rewards for uncles, it significantly changes the profitability of ETC vs. ETH.

Could it be that you lost contact with nodes/peers and mined for yourself on your own forked chain for a while? Then it was dumped when reconnected?

[DMDCreeper]

I am purely a miner and I am not interesting in these arguments about ETC vs ETH.  I mine whichever is more profitable. 

I have been solo mining ETC experimentally for the past 18 hours.  Over that period I have found 5 blocks, 3 of which appear to be Uncles.  I wrote some software to use the geth RPC to determine when my balance changes and if it does, I add a "deposit" record to a database.  The software queries geth at regular intervals.  I did not write this software to check the accuracy of the wallet, its more about mining stats and profitability.

I use this same program for ETH, ETC, and Expanse and it has worked correctly for months.  This morning I noticed something peculiar and I am wondering if the ETC community can explain it.  I see in my database 5 deposits that sum to a little over 17 ETC.  However, my wallet account balance is only 9 ETC.  Since my program compares an old balance to a new balance the old balance would have to have increased 5 times in the amounts shown in my database for these deposits to appear.  So its clear that I did in fact receive 17 ETC POW rewards.

As I said, the program was not intended to be an accounting program for my wallet but I have since changed it to look for decreases as well as increases.

I will continue to mine ETC to see if this continues but I'd like to know if anyone can explain what is happening that is causing my balance to decrease after I received a mining reward.

And if anyone is interested, since I have mined ETC off and on for a few weeks, I have found a number of blocks and about 60% of them are uncles.  When you factor in the reduced rewards for uncles, it significantly changes the profitability of ETC vs. ETH.

Could it be that you lost contact with nodes/peers and mined for yourself on your own forked chain for a while? Then it was dumped when reconnected?

I thought that was a reasonable explanation but now, after 2 days 10 ETC disappeared from my wallet.  Obviously that destroys my profitability - losing 50% of my wallet balance.  Is thiws ETC coin legitimate or is being pumped up by thieves who are exploiting the code for their own gain?

In any case, I am not taking any chances.  I am done with ETC.  Good luck to everyone else but watch your accounts closely.