Geth bug cuts in half Ethereum's hashrate

[spartak_t]

Just wait and see:

https://twitter.com/FAILCommunity/status/777624681536946176

This could not be another DAO FAIL, but will surely teach you some lessons.  

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[Minecache]

Mods this thread can now be locked down as it's a duplicate of this one:

https://bitcointalk.org/index.php?topic=1620666.0

Thank you.

[Blazin8888]

"fromshanghiwithlove" - https://bitcointalk.org/index.php?topic=1620716.0

[dinofelis]

Just wait and see:

https://twitter.com/FAILCommunity/status/777624681536946176

This could not be another DAO FAIL, but will surely teach you some lessons.  

The AMAZING thing is that price is hardly affected. 

[bbc.reporter]

Well nothing happened and the price is still ok. This is just some people waiting for it to fail and sensationalizing the hell out of the latest bug. To keep things in perspective, it is only a bug. Nothing the development team cannot fix. If everything fails they can always fork it.

[Spoetnik]

Hmm ya weird the price is the same pretty much i think.. $12.72

Which is pure lunacy anyway.. no idea why it's even worth 1 cent.
You are all retarded.  

Oh and Spartak's topic is better because it's not all in CAPS with 80 font 

[bbc.reporter]

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

[dinofelis]

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

The point is that a specific block (and probably a specific transaction) caused such a significant memory leak that the software crashed.  Normal memory leaks do, as your quote says, but that would never get any "coherent effect" because nodes are started up with random times, and hence the crashing rate would be constant and small.  The simultaneous crashing by memory leaks on a specific block actually means something totally different: an exploit.  Mostly, probably, a kind of buffer overflow, the base of 95% of all exploits.
It means that special transactions can blow up your node... or maybe totally other things.  That means the code contains at least one buffer overflow or similar error, and hence most probably MANY.  This is no surprise, as the execution of the complex code means that your node is a small OS in a certain way.  Much, much more complicated to manage exploitless than bitcoin-like nodes.

This is the signature of ethereum: security was an afterthought, and the system they set up is just too complex.

Ethereum is a hacker's paradise.

[spartak_t]

Well nothing happened and the price is still ok. This is just some people waiting for it to fail and sensationalizing the hell out of the latest bug. To keep things in perspective, it is only a bug. Nothing the development team cannot fix. If everything fails they can always fork it.

Really? The price went down by 4.2% (at some point) in less than 2 hours, but that's probably because Poloniex freezed deposits/withdrawals almost immediately after the bug was found.

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

Here is a quote from someone who is willing to explain you the bigger picture here:

GROW THE FUCK UP AND USE YOUR BRAIN!

[greenuser]

This will not effect Ethereum supporters.  They have faith.  Ethereum is a belief system not unlike religion.  Moreover, they are all ready and willing to commit financial suicide and/or cryptojihad for their cryptofaith and, their almighty leader Vitalik Buterin (Peace be upon him). 
This religious DETH CULT will soon be having its annual Devcon pilgrimage / cryptohajj.  Ether People will travel from far and wide to Shanghai next week for the religious festival.  They feel nothing can stop them.

This is the 21st Century man.  The world turnd to shit.  Government are loosing control, the middle east is torn apart by proxy war, the fiat financial systems are crumbling. People need to believe in something!

Welcome to the first Church of Appliantology "Ethereum"  https://www.youtube.com/watch?v=FvnO3On4_fo

[spartak_t]

This will not effect Ethereum supporters.  They have faith.  Ethereum is a belief system not unlike religion.  Moreover, they are all ready and willing to commit financial suicide and/or cryptojihad for their cryptofaith and, their almighty leader Vitalik Buterin (Peace be upon him). 
This religious DETH CULT will soon be having its annual Devcon pilgrimage / cryptohajj.  Ether People will travel from far and wide to Shanghai next week for the religious festival.  They feel nothing can stop them.

This is the 21st Century man.  The world turnd to shit.  Government are loosing control, the middle east is torn apart by proxy war, the fiat financial systems are crumbling. People need to believe in something!

Welcome to the first Church of Appliantology "Ethereum"  https://www.youtube.com/watch?v=FvnO3On4_fo

Hahaha, that's a nice trolling. I'm really laughing with tears.

P.S. I don't care about Ethereum, I care about the consequences which caused.

[greenuser]

consequences...  50% of nodes could go off line if they see a certain type of transaction.  

https://www.reddit.com/r/ethereum/comments/53dfof/geth_crashing_memory_leak/

Edit: my previous post is no joke.  If i lived in America i would be involved in setting up counselling groups, self help books and therapy sessions to cure the afflicted. It is our duty to not turn our back on them. 

One can judge a cripto community by the way it cares for its vulnerable.

[spartak_t]

consequences...  50% of nodes could go off line if they see a certain type of transaction. 

https://www.reddit.com/r/ethereum/comments/53dfof/geth_crashing_memory_leak/

I saw that and it was already fixed by (I suppose) karalabe, but that's not the point.

[mining1]

Except that they already fix it. They almost fix bugs as soon as they appear, not even btctalk trolls can keep up. Unprecedented. But what is the point then, dollface ? The point is, it is not perfect and without bugs ?  Everyone knows that . They're doing something that can be a game changer, for everything, and you expect no bugs ? You were born today ?

[dinofelis]

This will not effect Ethereum supporters.  They have faith.  Ethereum is a belief system not unlike religion.  Moreover, they are all ready and willing to commit financial suicide and/or cryptojihad for their cryptofaith and, their almighty leader Vitalik Buterin (Peace be upon him). 
This religious DETH CULT will soon be having its annual Devcon pilgrimage / cryptohajj.  Ether People will travel from far and wide to Shanghai next week for the religious festival.  They feel nothing can stop them.

This is the 21st Century man.  The world turnd to shit.  Government are loosing control, the middle east is torn apart by proxy war, the fiat financial systems are crumbling. People need to believe in something!

Welcome to the first Church of Appliantology "Ethereum"  https://www.youtube.com/watch?v=FvnO3On4_fo

Brilliant 

[spartak_t]

Except that they already fix it. They almost fix bugs as soon as they appear, not even btctalk trolls can keep up. Unprecedented. But what is the point then, dollface ? The point is, it is not perfect and without bugs ?  Everyone knows that . They're doing something that can be a game changer, for everything, and you expect no bugs ? You were born today ?

EXCEPT THAT THEY RAISED 100S OF MILLIONS OF DOLLARS AND EVERY NOW AND THEN, THE SONG REPEATS: "THE DAO WAS OUR BIGGEST PROJECT AND OUR BIGGEST FAILURE. GET OVER IT.". WHAT HAPPENS WITH THE PEOPLE WHO LOST MONEY IN THE MEAN TIME?

Ethereum fucked the concept of crypto. Period. I'm not a hater or something.

And don't call me a troll or a dollface, because you are really seeing my face. If you want to prove some point, you can come over here and say it in front of me, but that's just in case you have an appointment with your dentist.

[mining1]

Wow dollface, you're scary. I wouldn't post my picture with that kind of stupid haircut. You're not even good looking. Ofcourse they raised money, they are not red cross. Can you do better if you let's say, raise double the amount ? Can you hire better developers and do something better with not 2x the amount, but 10 times the money they had  ? I doubt that.
I'm not telling you something new, but most if not every startup fails more or less, some of them even fail so badly with great ideeas. Never read around about startups being bought for milions simply for their technology / ideea / whatnot , even though they weren't making any profit ? This is the world we live in, great ideeas / technology are invested and speculated in.
If there will be very succesful dapps deployed, eth could go up to ~100$ easily, that's why 13$ atm is not that much of a risk and that's the reason it's cap is over 1billion.
Ethereum didnt fuck up any crypto concept, because all the crypto was before ethereum was : blockchain / crypto that aimed to be currency. That was all it was and all everyone thought it can be. Untill ethereum came. So don't tell me you don;t agree with what i just said. Ethereum atm is the reason blockchain technology is not only associated with dark markets, drugs, prostitution, weapon traffickers and so on. Now it's starting being associated with technology and unlimited possiblities.

[spartak_t]

Wow dollface, you're scary. I wouldn't post my picture with that kind of stupid haircut. You're not even good looking. Ofcourse they raised money, they are not red cross. Can you do better if you let's say, raise double the amount ? Can you hire better developers and do something better with not 2x the amount, but 10 times the money they had  ? I doubt that.
I'm not telling you something new, but most if not every startup fails more or less, some of them even fail so badly with great ideeas. Never read around about startups being bought for milions simply for their technology / ideea / whatnot , even though they weren't making any profit ? This is the world we live in, great ideeas / technology are invested and speculated in.
If there will be very succesful dapps deployed, eth could go up to ~100$ easily, that's why 13$ atm is not that much of a risk and that's the reason it's cap is over 1billion.

Oh, wow... Brad Pitt of Economics just gave his opinion. Where can I sign for an autograph?

[mining1]

You can requote now sweetie, i edited.

[spartak_t]

You can requote now sweetie, i edited.

Not until you show yourself. I thought we had something.

[greenuser]

OK, so Ethereum put a "time bomb" in the origial chain so that it would make mining harder early next year. This was to "persuade" miners to stop mining and move people to PoS.

So maybe, EF put a bug in "geth".  To  "persuade" people to use "Parity" as their node.
Remember, this is the same "geth" that gave you the option to type

Code:

--oppose-dao-fork

I believe, and correct me if i am wrong, Ethereum classic have released their own "geth" and also have an even newer one on pre release test
https://github.com/ethereumproject/go-ethereum/releases

EDIT: https://www.reddit.com/r/EthereumClassic/comments/53fa3c/what_we_know_about_the_eth_geth_attack_other/

[mining1]

ETC is shilbert, guo's and few others playtoy. They are trying to make money out of it, it's capital is what it is because it bears the same name as ethereum. At this point expanse or any other smart contract platform clone of ethereum beats ETC simply because they have a developing team and a roadmap. Most likely any "developing team" etc may have in the future may give up because they'll have to hardfork either to remove the time bomb, or to further copy ethereum foundation's next major updates. How could they possibly copy those who they "despise and hate " ?
They dont have a real community, it is way too small to be called community, if 2-3 mining whales are leaving the hashrate can drop 90-95% or more.

[spartak_t]

I'm pretty sure that this mining1 guy is either schizophrenic or he's Minecache's relative. Both are the same ETH shills, except (I'll give him some credit) that mining1 has a few arguments.

Other than that... brainwashed trolls.

[mining1]

I wouldnt really put that picture as a profile pic. Aside from the horrible haircut judging by your head you seem like you're 1.60-1.65 and 50-55kg.
And ontopic, ofc i have arguments, dollface, i always do. You're just a troll. What makes me an eth shill ? The technology is real, the interest from big corporations is real, it works, it just needs better dapps deployed on it, with some really cool in alpha stages. Where am i wrong ?
And yeah, i know it's not perfect and has bugs, we all know that. Nothing in this world is perfect. It wouldn't be 13$ but 500$ if it was perfect and with 0 bugs, unexploitable, perfectly decentralized, but that's just a dream. All they can do is trying to come as close as they can to that ideal.

[spartak_t]

I wouldnt really put that picture as a profile pic. Aside from the horrible haircut judging by your head you seem like you're 1.60-1.65 and 50-55kg.

Do you think I can do that if I was 1.60 - 1.65?

And ontopic, ofc i have arguments, dollface, i always do. You're just a troll. What makes me an eth shill ? The technology is real, the interest from big corporations is real, it works, it just needs better dapps deployed on it, with some really cool in alpha stages. Where am i wrong ?
And yeah, i know it's not perfect and has bugs, we all know that. Nothing in this world is perfect. It wouldn't be 13$ but 500$ if it was perfect and with 0 bugs, unexploitable, perfectly decentralized, but that's just a dream. All they can do is trying to come as close as they can to that ideal.

Your arguments would be valid when you start to really think. The EF bailed out with the DAO which crashed billions of $ in a matter of days. I'm not saying that they must be perfect, BUT they are the ones who admitted that they released the code too early. What was the reason (other to get some money... fast)?! You don't do that to people who funded you with 100s of millions.

[greenuser]

I wouldnt really put that picture as a profile pic. Aside from the horrible haircut judging by your head you seem like you're 1.60-1.65 and 50-55kg.
And ontopic, ofc i have arguments, dollface, i always do. You're just a troll. What makes me an eth shill ? The technology is real, the interest from big corporations is real, it works, it just needs better dapps deployed on it, with some really cool in alpha stages. Where am i wrong ?
And yeah, i know it's not perfect and has bugs, we all know that. Nothing in this world is perfect. It wouldn't be 13$ but 500$ if it was perfect and with 0 bugs, unexploitable, perfectly decentralized, but that's just a dream. All they can do is trying to come as close as they can to that ideal.

You have no taste mining1 i think spartak_t looks kinda cute (lol, too young for me though), and remember Bruce Lee was those body sizes you mention, maybe you feel over confident behind a keyboard,... spartak foodball team a have a proper reputation you know.  

Yes we know it's not perfect that's why we want to discuss and dissect so we can learn. Ethereum is good testnet for other Ethehash based coins.

[spartak_t]

You have no taste mining1 i think spartak_t looks kinda cute (lol, too young for me though)

Here's the full picture in case someone wants to nominate me for a ugly/beauty contest:




I'm actually 1.86 and my weight is 80 kg. (I felt it was important to know....). I'm not Bruce Lee, but I always stand behind what I've said. No matter if its stupid or not. That's the difference between me and this guy. If Trump fucks me in the ass in front of 1 million people I will come here and say "Yes, that was me... shit happens.", but this guy is just going to register another nickname and will come back to make himself look like a "Forum Rambo".

Tired of these... really.

[mining1]

Lol, that haircut is horrible. Makes you look like a redneck these 2 lines on the left of the picture, don't know what to call them, they make you look mentally challenged and i really don't mean to offend ( you probably don't believe me), but it's just personal taste, i despise such haircuts, but to the point.
The hardfork didn't crash ether price, it actually increased it. Remember after the exploit the price dropped to 7$ and was moving between 7 and 10$ ? At that point  community / foundation were taking into consideration options, and mostly, soft fork. After the hardfork was decided price soared to ~12$ range, and at some point it was around 14.5$ after the hardfork, untill ETC manipulation started and dropped again.
Guo and few others took a big bet and tried one of the biggest manipulation in crypto sphere, ofcourse they didn't lose any money because they made that bet with free ETC tokens (eth holder= etc holder), so they figured out ETC means free money.
And if you call that a "bailout" then you don't understand basics, no money was given to save dao investors. And if you bring price drop as an argument, then that's a very bad one, price dropped as an effect of panic sell and speculation, not because of the "bailout " as you call it.
And as a personal opinion, i was a very small investor in dao, just 100$ ( at that point i didn't believe profit prospects were high ) but i thought letting the hacker / exploiter go away with the money would have done much more harm than the hardfork where "immutability" wasn't even touched. Not like immutability is a thing, because every blockchain is immutable untill it is mutable, but because no transaction was rolled back, the hacker didn't have the money in the first place, only DAO was affected as a result of an unanimous decision to HF. Tell me you agree with what i said, it's common sense, not jibberish, shill, fud or whatever trolls call it.
And the fact that it is probably the most decentralized project out there, it is a big thing. Remember, biggest miner in china (therefore in the world, most likely) only has 100GH, and the network has ~5th, well that's just 2% of network hashrate.
P.S : i wouldn't put a picture of myself on a random forum, nor give private information. But that's just me.

[spartak_t]

Lol, that haircut is horrible. Makes you look like a redneck these 2 lines on the left of the picture, don't know what to call them, they make you look mentally challenged and i really don't mean to offend ( you probably don't believe me), but it's just personal taste, i despise such haircuts, but to the point.

Why is my haircut is so important? PLEASE tell me you are a woman, otherwise I'll have some third thoughts (2nd one is that you are a ETH shill, but that's obvious).

 

And if you call that a "bailout" then you don't understand basics

Would you like me to take a picture of my broker's certificate and my diploma? Because I can do that too.

I'll skip the rest, because you keep editing your comments afterwards. At least when you are trying to say something, say it. I'll just ask you to take a closer look what happened with Bitcoin and others between 17 and 23 June. Then you can come back and "argue" about the losses.

[mining1]

No financial support was given to the DAO, they were just helped and gave back what was theirs https://en.wikipedia.org/wiki/Bailout . Sorry but you're wrong and you know it, don't know why you're pushing that argument. Bailout is what happened with big banks when they ran out of money, they were given free money / debts erased, and from where ? Contributors money. Now, where did the dao bailout money came from ? They "bailout" themselves ? Wtf dude, really..
Edit: imagine a bank system fail and every account going to 0. If the system is fixed and you get back what is yours, does that mean it is a bailout ?

[spartak_t]

Edit: imagine a bank system fail and every account going to 0. If the system is fixed and you get back what is yours, does that mean it is a bailout ?

Imagine that you promise a decentralized system, you get funded, you failed and you are  changing the rules. Your bank example doesn't mean shit, because you have clearly no idea on what you are talking about. That would be my last comment to you, Brad Pitt of Economics (with a GREAT haircut).

[NeuroticFish]

Ethereum is clearly the speculators' coin.
Nobody cares how buggy it it, nobody cares if anybody is mining or using the coin.
Some mined it and got rich, some are buying in a hope to get rich - maybe they will, maybe not.
But Ethereum has the Microsoft name tied somehow to it and for many that's all that matters.

[mining1]

Ok i got it why you have that haircut. Your logic is of a 10 years old. You hate them because over the last year of development, everything went perfectly except for the dao which wasn't even their own project.
Unhappy because they promised a decentralized system ? I'll quote myself for you dollface

And the fact that it is probably the most decentralized project out there, it is a big thing.Remember, biggest miner in china (therefore in the world, most likely) only has 100GH, and the network has ~5th, well that's just 2% of network hashrate.

So you see, any given miner only controls anywhere between 0 and approximately 2% of the network hashrate. They've given what they promised and more, considering BTC is considered decentralized and 4-5 people control 90%.
I'm not even smart ( i consider myself average ) and i've beaten you in arguments so badly. So you're either not as "smart" as i am, or ill intended / troll / fudder.
I'd cry if i were you, spartak, the big spartan with funny haircut and a mugshot of himself, beaten in arguments by a random shill.

[mining1]

Also, your passive aggressive FUD is so easy to spot on, don't play the innocent bimbo, it is too obvious and it is so easy to see where you're fudding and where you're honest, even tho you try to be "impartial" and not a fudder nor shill. Every so often you post fud/shill"news" and whatnot and be like " i just found this, what you guys think, seems legit ".

[spartak_t]

I'm not smart either, but then again... https://bitcointalk.org/index.php?topic=1504662.0 (8 days before the "attack"). You've beaten me with arguments? What were your arguments? (PLEASE, don't answer).

Now fuck off.

[mining1]

Wow you're so smart and such a prophet. I'll tell you a secret: many more dapps will fail, very few will actually work perfectly as intended. Does that make me a prophet or means i'm a genius ? No, it's common sense, programming is never perfect in the first try, especially when there's something new built. I'll tell you another secret, write this one down : Ethereum may totally fail, pos may not work as well as intended, scalability may be limited, projects may get exploited / hacked and so on. So what ? No one guarantees anything in this world, i am not a naive one. But i do believe atm technological and therefore profit potential beats the risk dramatically, and that's why there are alot of losers criticising every single action ethereum foundation is taking, developing and the dapps themselves.
You're one of the idiots that expect ethereum to find cancer cure, develop time travelling, finding aliens etc. Because that's something major in your head.

[BitcoinNational]

Mods this thread can now be locked down as it's a duplicate of this one:

https://bitcointalk.org/index.php?topic=1620666.0

Thank you.

Minecache, you can suck my balls, because you are not aware of the consequences caused by the Geth bug. But I can't explain that to you, even If I do my best. 

Fuck you.

i laughed, thought i was the only one, good to see others are greatly annoyed by mindecrash

[dinofelis]

Wow you're so smart and such a prophet. I'll tell you a secret: many more dapps will fail, very few will actually work perfectly as intended. Does that make me a prophet or means i'm a genius ? No, it's common sense, programming is never perfect in the first try, especially when there's something new built.

Then, setting up a system of smart contracts, with *unstoppable code* looks like, eh, a very, very stupid idea, no ?  But if it is normal that "many more dapps will fail" and that this is in the nature of a dapp, and hence is part of the risk assumed when "investing" in a DAPP, why the hell did ETC fork into ETH over this ?

Because if it is in the nature for unstoppable dapps to fail and hence benefit those that exploit those failures, why didn't the DAO holders undergo the price of their risk, and why didn't the DAO hacker get its well-earned reward ?  And more: will ETH now fork over every failing DAPP, or did the DAO users get an unfair privilege that will be denied to the many other losers of failing dapps that you announce ?

Wasn't ripping the DAO hacker of his earned money, to reward the investors in risky things that turned out sour, not a HUGE form of not only injustice, but also of moral hazard ?

Because if ETC hadn't forked into ETH, and the DAO holders were left totally stripped of their money, wouldn't that have reflected much better the reality you announce above that "still many more dapps will fail, and very few will actually work perfectly as intended", and as such have been the HONEST market signal, rather than covering up the books and pretending that all this never happened, which is what the fork was all about ?

How honest is covering up a failure in the market ?

[BitcoinNational]

But i do believe atm technological and therefore profit potential beats the risk dramatically, and that's why there are alot of losers criticising every single action ethereum foundation is taking, developing and the dapps themselves.
You're one of the idiots that expect ethereum to find cancer cure, develop time travelling, finding aliens etc. Because that's something major in your head.

1. We are critical because at 1 Billion you need to be pro ... so far things look very sloppy ... but the Eth council wants a $1billion sandbox?

2. Cuz ETH is Evil Corp (founded & funded) it is the Ecoin  

[mining1]

1bil cap is nothing, btc has 10 simply because " i was first " and not only what it does can be done better by 1000 different cryptos, but it is slow, bloated and there's no further development, they cannot agree on anything and nothing is done, for years now, not to mention highly centralized in china "thanks" to asics. After 2-3 more "halvings" in the years to come, bitcoin will permanently die because it won't be adopted as a currency and because of limited adoption no fools will pay 2-5k $ for one bitcoin, therefore pumps will have much lower effect than they have today, therefore mining won't be any profitable and there's goin to be a downward spiral. But that's not in the near future and i don't see bitcoin developers and community agreeing on something very soon. And even if they agree, a 1% minority with a "classic" chain can ruin bitcoin's price / value when they'll have to hardfork. And that's why it doesn't happen, mining giants can't take that risk, so it wills tay alive for years to come, heading towards an almost unavoidable death.

[spartak_t]

How honest is covering up a failure in the market ?

And I'll that the price of ETH should had a major decline. It was about 3%, but Poloniex frozen their wallets. It's how usually the markets reacts to such news.

Now, join me singing the chorus: https://www.youtube.com/watch?v=cm1AQk30kFs  

[Minecache]

I'm pretty sure that this mining1 guy is either schizophrenic or he's Minecache's relative. Both are the same ETH shills, except (I'll give him some credit) that mining1 has a few arguments.

Other than that... brainwashed trolls.

It appears that the ability of your instinct is as capable as your one to accurately predict price movements and to choose a decent barber. I am not mining1 but I agree he has a few gud arguments, especially regarding your profile pic. 

[spartak_t]

I'm pretty sure that this mining1 guy is either schizophrenic or he's Minecache's relative. Both are the same ETH shills, except (I'll give him some credit) that mining1 has a few arguments.

Other than that... brainwashed trolls.

It appears that the ability of your instinct is as capable as your one to accurately predict price movements and to choose a decent barber. I am not mining1 but I agree he has a few gud arguments, especially regarding your profile pic. 

I see. Well, here is one argument for you:

[64dimensions]

This bug is not a big deal simply because Plan B, Ethcore's Parity 0.1.3, has been running for several months without mishap.

[Spoetnik]

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

..i thought my English was bad 

FUD ?

Uhhhm yeah no shit LOL

WHEN do you have Fear Uncertainty and Doubt ?
After the scammy ICO launch ?
After the shady spam campaign ?
After the Massive pump to lure in greedy suckers ?
After the market manipulation propping up the price ?
After Butters dumps *part* of his multi-million dollar ETH load on your faces ?
After the DAO attack ?

When you see a continued track record of code being a problem from a project
then YES dumb fucks.. you have FUD
Because if you don't you a moron.

The "FUD" is well deserved.

The only thing deceitful is loser ETH douche bags crying FUD (the anti-FUD)

Ethereum is scammy garbage since day 1 in 2014 when i launched a scam topic on it.
Far before 99% of you were even registered here talking about it.
What does that tell ya SHILLS ?

ETH deserves to die.. i hope it sinks below 1 cent each.

[shyliar]

Mods this thread can now be locked down as it's a duplicate of this one:

https://bitcointalk.org/index.php?topic=1620666.0

Thank you.

While they are at it locking the multiple ETH threads and "Criminal Coin" threads would be a good idea.

Thank you.

[Westant]

Just wait and see:

https://twitter.com/FAILCommunity/status/777624681536946176

This could not be another DAO FAIL, but will surely teach you some lessons.  

Did the bug affect the ETC as well? Or the ETC has already develop the geth.exe so advance that it is not affected?

[spartak_t]

Mods this thread can now be locked down as it's a duplicate of this one:

https://bitcointalk.org/index.php?topic=1620666.0

Thank you.

While they are at it locking the multiple ETH threads and "Criminal Coin" threads would be a good idea.

Thank you.

[spartak_t]

Did the bug affect the ETC as well? Or the ETC has already develop the geth.exe so advance that it is not affected?

Well, here is what ETC tweeted 2 hours ago: "ETC devs were not gloating about Geth bug and were concerned it could happen to us as well. No need to be enemies."

Source: https://twitter.com/eth_classic/status/777831806078943232

[64dimensions]

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

..i thought my English was bad 

FUD ?

Uhhhm yeah no shit LOL

WHEN do you have Fear Uncertainty and Doubt ?
After the scammy ICO launch ?
After the shady spam campaign ?
After the Massive pump to lure in greedy suckers ?
After the market manipulation propping up the price ?
After Butters dumps *part* of his multi-million dollar ETH load on your faces ?
After the DAO attack ?

When you see a continued track record of code being a problem from a project
then YES dumb fucks.. you have FUD
Because if you don't you a moron.

The "FUD" is well deserved.

The only thing deceitful is loser ETH douche bags crying FUD (the anti-FUD)

Ethereum is scammy garbage since day 1 in 2014 when i launched a scam topic on it.
Far before 99% of you were even registered here talking about it.
What does that tell ya SHILLS ?

ETH deserves to die.. i hope it sinks below 1 cent each.

Spomeister,

in some sense your, "XXXX coin is crap" posts are worthless. These coins being in the public domain adds to the body of "prior art".  Whatever tech is in the public domain including white papers and roadmaps, can not be patented if it's been out there before any patent filing date. This "prior art" protects also the "good" coins.

Sorry for the thread nano hijack.

Now back to Extra! Extra!

Software program found to have a bug, News at 11.

[greenuser]

Did the bug affect the ETC as well? Or the ETC has already develop the geth.exe so advance that it is not affected?

Well, here is what ETC tweeted 2 hours ago: "ETC devs were not gloating about Geth bug and were concerned it could happen to us as well. No need to be enemies."

Source: https://twitter.com/eth_classic/status/777831806078943232

Yer.. that sounds like the ETC dev team, they are a friendly and accepting bunch...  Even though most of them are anonymous.  
Why make enemies of your potential future customers?

Anyhow, i think "Whatisgravity" is "Vitalik Buterin"

[posternat]

I think that ETH has too many layers of software touching it.  Plus, there are too many people diving in and doing things without the right knowledge. 

[themasknetwork]

Mods this thread can now be locked down as it's a duplicate of this one:

https://bitcointalk.org/index.php?topic=1620666.0

Thank you.

Minecache, you can suck my balls, because you are not aware of the consequences caused by the Geth bug. But I can't explain that to you, even If I do my best. 

Fuck you.

The consequences of a bug like this are really serious, because the whole network can be shut down in a split second. The POW difficulty collapses and for a short time (20-30 minutes) an attacker could easily launch a 51% attack. Ethereum is a pure POW network.

This was a serious flaw...

It's strange that users / investors didn't react. It's like they don't care. Or maybe they don't understand the severity of this incident...

[spartak_t]

It's strange that users / investors didn't react.

How? Poloniex disabled their wallets (that's quite normal and of course, I don't blame them at all) and we all know that keeping your coins on exchange is not that safe. Not to mention that the majority of ETH supporters are holding a lot of BTC on the exchange and they can build huge buy walls in a matter of seconds. Not sure how other exchanged reacted though.

P.S. I will say this for a 100th time that I have nothing against Ethereum, but some of the EF actions were not right. I am for a better future of cryptocurrencies and it doesn't matter to me who wins. What matters to me is their existence.

[SmallVern]

Crazy really

[dballing]

Here is a quote from someone who has a better idea on what is going on. The problem is minor and it only proves some people get too excited and get carried way causing them to sensationalize the issue.

Memory leak means you have to restart the program from time to time, else it could eat up all the available memory then freeze/crash.
It's nothing big and it's not a security issue.
I don't think it would cause dump unless more FUD is placed onto the forums.

..i thought my English was bad  

FUD ?

Uhhhm yeah no shit LOL

WHEN do you have Fear Uncertainty and Doubt ?
After the scammy ICO launch ?
After the shady spam campaign ?
After the Massive pump to lure in greedy suckers ?
After the market manipulation propping up the price ?
After Butters dumps *part* of his multi-million dollar ETH load on your faces ?
After the DAO attack ?

When you see a continued track record of code being a problem from a project
then YES dumb fucks.. you have FUD
Because if you don't you a moron.

The "FUD" is well deserved.

The only thing deceitful is loser ETH douche bags crying FUD (the anti-FUD)

Ethereum is scammy garbage since day 1 in 2014 when i launched a scam topic on it.
Far before 99% of you were even registered here talking about it.
What does that tell ya SHILLS ?

ETH deserves to die.. i hope it sinks below 1 cent each.

I remember the day they had their pre-sale with the cliche countdown timer. It looked sketchy as F, so decided to pass up on it. Etherium has been unbelievably resistant to my surprise. They continually have catastrophic events that would utterly decimate the price for any other coin.

Things might be in your favor though when you're backed by Goldman Sachs... The "As above, so below" symbology in their logo tells me they were compromised from day one as well.

When the founders hold all the coins it's not hard to keep the price up. All the dumbasses with their GPUs and 1000 ethers also help keep the price up with their continual evangelizing on social media.  

[Spoetnik]

Poloniex disabled their wallets ?
What is this the 3rd time last while ?
Jeez they do that a lot.
What a train wreck ETH is WOW

A bug is found and the coin is frozen on exchanges ?
Uhhhm shouldn't it be left to drop in price ?

ETH is such a manipulated load of scammy bullshit it's not even funny.

[spartak_t]

It does sound kinda unfair, but I won't blame them. They just want to keep their side safe. I am more than sure that there are powerful ETH lobbyists on the exchange (after all, Polo is by far the biggest exchange for quite some time), but then again... it's just business.

[bbc.reporter]

Ethereum looks stable now both with the hash rate and the price in the exchanges. In fact the price is going up and rising. Is there any news from Devcon2?

[Spoetnik]

Ethereum looks stable now both with the hash rate and the price in the exchanges. In fact the price is going up and rising. Is there any news from Devcon2?

But that does not change at it's core it is still a scammy ICO coin.
No matter how hard people try they can not re-write history.

It never fails i mention some PAST bad things about ETH
and you all rail on about some other crap like "well the price is increasing" etc
So fucking what ?

If i punch some old coot out and steal her pension check then give part of it to charity all is forgiven ?
In Crypto.. YES.
Or in other words "Community Take Over" ALA: Monero  

You all amuse my balls of hard how you try so damn hard to spin bullshit like Politicians.
Hand caught in the cookie jar and then.. er uhh well uhmmm uhhhh  
It really is super amusing.. top-shelf entertainment watching you all squirm. HAHHAHAHA

How many reasons could you possibly need to think ethereum is fucking scammy ass garbage ?
You would think one would be enough.. such as the unfair sketchy launch antics and method etc
It should not have gotten off the ground in the first place and it only did because..
Of sleazy advertising spamming and nagging people such as PM-Spam..
AND THEN the ultra mega pump.. which lured in greedy retards.
and you all know it !

If it was not for that scammy shenanigans they dev team would still be feeling us out once a month
testing the waters with "How do you feel about ETH" topics.
(Like they were doing in between 2014 and 2016)

As i have said probably thousands of times..
You are all wasting your time.. logically your verbal diarrhea won't work.
Tangibly the general public has spoken loud & clear on the matter.
They don't care.. they are not here.. and when asked they say Bitcoin is a Ponzi.
..never mind ICO scam coins LOL

But hey by all means loiter around here preaching to the SUPER SMALL choir.
Let me know how that works out for ya..
Just keep taking turns trading amongst yourselves in a shrinking scam coin alt scene.
Just try and bear in mind you can not kill the cow more than once..
Hence why the scene is shrinking.

Enjoy your scene where it produces an ever increasing scammier product by even more scammier people.
All this altcoin crap has done is continue to attract more and more shady pricks with money to burn.
And the more you have to play with the more you get to control the game board.

Invested in ETH ?
bad news comes out about a bug ?
No problem you own an exchange.. simply freeze all activity then run here crying FUD.
LOL

Free Market
White Paper
ROI
Road Map
ICO
CTFO of Gittubery

Hey i took a shit and coded a clone coin on the toilet today.
It's called x coin or maybe even z coin.. sorry i forgot.
Anyway the ICO is launching ..uhhh..... yesterday
Soooo uhhh i want 1 million dollars.
GIMME NOW !
I am a dev and i deserve to be paid dammit !
Who am i ?
Account ID here 976543321 named "X Coin"
Pay me "crypto supporters" $$$
Then loiter around here defending my shit coin project for me (because you are a victim / bag holder)
..while i am the one who made the most of the scam / legit project.
..while you do all the work.
AKA: The Doge coin syndrome
Launch coin rape it then when it slows down close the project and blame the "community" for not supporting it.
In other words i put the code on Githb then collected my massive cut of the money
then said.. YOU SUBMIT CODE TO GITHUB ..and make my coin i launched ..FOR ME !
While i count my cash .. like the BlockNET dev did.
While he said he needed a million dollars "to ensure it's a success".


ALTCOINS  

[Pursuer]

that is what you get when you have a poorly coded coin which is only created for the purpose of pump and dump by the deep pockets of the ethereum foundation developers team.

and these bugs will continue coming out one by one and lots of money will be lost, maybe not this bug or the next. and as long as foundation don't lose anything there will be no hard fork

the interesting part is that price is rising which shows the high level of manipulation!

[Minecache]

It does sound kinda unfair, but I won't blame them. They just want to keep their side safe. I am more than sure that there are powerful ETH lobbyists on the exchange (after all, Polo is by far the biggest exchange for quite some time), but then again... it's just business.

It couldn't possibly be that Poloniex locked down deposits and withdrawals to save people like yourself, from yourself. Your completely over the top hysterical shitposts and shittweets over a minor software bug in one of the clients was very, very telling.

Anyway as your pathetic opening post said, let's wait and see. Well we've waited and we've seen who has been left with egg on their face.

[mining1]

Yep, this is it http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
And this is just the warm up stage.

[spartak_t]

It does sound kinda unfair, but I won't blame them. They just want to keep their side safe. I am more than sure that there are powerful ETH lobbyists on the exchange (after all, Polo is by far the biggest exchange for quite some time), but then again... it's just business.

It couldn't possibly be that Poloniex locked down deposits and withdrawals to save people like yourself, from yourself.

But it is possible for you to be that stupid if you thought that was the real reason, Mindlesscache.

Your completely over the top hysterical shitposts and shittweets over a minor software bug in one of the clients was very, very telling. Anyway as your pathetic opening post said, let's wait and see. Well we've waited and we've seen who has been left with egg on their face.

Talking with you is a pure waste of time, but I will only tell you this. You only care about your $5 potential profit, while I am defending cryptocurrencies in general in such way, that I'm even not taking chances with coins (or whatever) that I think I can make profit of.

Someone may call me a stupid idealist, but hey, nobody's perfect.

P.S. News about Santander proved for the 100th time that Ethereum is currently like the EvilCorp in Mr. Robot series. Maybe Bitcoin and humanity is going to lose the battle after all. 

[mining1]

Wow such a hypocrit ! You're also for saving penguins, black rhino, an activis against global warming and sex outside marriage. Please, no one believes you. You should become a politician.
P.S : remove the tinfoil hat, giants using ethereum blockchain is not a bad thing, they're the ones that can link blockchain technology with clueless common people like yourself.
Edit: People like you is what holds the humanity back, too afraid of change, histerical and hypocrit. You're endangering yourself by being who you are.

[Gahs]

Okay, uhm... while you guys are busy tearing at each other, may I remind you that ethereum though over-pumped, is not going to fall off the radar just like that. So there is no need for you all to fret needlessly.

[spartak_t]

Yes, I am a hypocrite, who wants a better future and equal chances for everyone involved in cryptoscene. But you'll never understand that since you are blindfolded with your beloved Ethereum. Same goes for most of the Dash and Monero supporters. We somehow got over the DASH-XMR war, but we now have another one - ETH-ETC. And the funny part is that it happens mostly here on the forum, where everyone is an expert beyond imagine.

[mining1]

Well, ethereum is over pumped if you take into consideration the curent small numbers of dapps deployed. But there are over 50 dapps in the working with some really huge ones. It's like buying shares to a company, if you know their share cost X amount, if you want to make some money you definitely will invest if you know they're closing to finding a cure for cancer. So basically the curent state of the project, the rumors that these dapps are in the work with some of them in the alpha / beta stage, and the overall development of the project are also calculated in the price, i'd say the price is quite low, if you take all this into consideration.
Can you even begin to fathom how much attention will draw and how much the price will increase after they will fix scaling, an issue as old as the blockchain technology itself ?
Dollface please, stop. I don't even care about ETC, but im annoyed that some people are fooled into buying something that not only doesn't stand a chance in blockchain space, but may not even have the potential to be profitable for speculators, won't even talk about dapps and technology usefullness, that's a dream away. It's a tool to fool common people by whales and people with influence, like barry shilbert. He most likely dumped most of his stash, same for GUO.
P.S : scaling is what's holding back the blockchain technology atm, bitcoin is an example. Only after the scaling will be fixed blockchain will go mainstream.

[spartak_t]

Okay, fuckface. Next time just warn me when I can sign for an autograph. I had enough with you, really.

[mining1]

Also, ethereum was only over pumped before the dao was hacked, but that was just the result of having like 1 year of positive news and 1-3 years of development. Now the curent price is very conservative, all the growth is natural based on the curent events. I predicted weeks / months ago the price will be in the ~20$ range after the devcon, we'll see how close it will be. And it's probably for the better, having real projects calculated into price rather than alot of hype. Every other big dapp will bring more value, i personally wait for akasha.
Dollface, what do you think it will happen with ethereum project if what they are working on will work as stated ? The 3 sec blocktime, raiden / instant transactions with lower cost and massive scaling ? I know this is big and still in the working, and this is no hype or shill. But if this happens and it will work as stated or very close, ethereum will replace bitcoin. Mark my words.
Bitcoin atm is too big to hardfork, this scares the huge mining farms that bring alot of constant income. If some manipulation happens, like ETC manipulation, it will literally kill the price. That's why we all see only talks on bitcoin side, nothing is done. And if it dies, the overall cap of cryptocurrency will be so much smaller.

[spartak_t]

I will answer to you when you come over here and call me dollface in person. I'd like to see if your balls are so big outside the forums. Now you can continue with your monologue, because I'm not answering you anymore.

[mining1]

Also, let's say youre not a hypocrit and manipulator and you actually believe big corporations invested in ethereum is a bad thing. Well, keep in mind that all the ether is in the hands of "investors" so it's us the small players that will benefit from it. A project this big simply cannot be done with just common people, keep in mind ethereum doesn't simply aim to just be strictly currency yes that wouldn't need big players to become that. But that would still require leadership, a representative, someone with influence to convince and integrate it in the world's economical system. Because banks and everyone else will simply not integrate bitcoin in their system. Bitcoin and anonymous clones are only good for black market, let's be honest about this. And yeah, speculation. A turing complete blockchain, scalable and decentralized simply needs leadership and big corps to fully test it's capabilities. Blockchain scene is probably 5 years away from deploying a completely working ethereum clone that can be controlled by stakers around the world, without having the need of a leadership and completely decentralized, assuming corps and the buterin turns evil and will controll ethereum like a dictator. I would give bitcoin example but that would be a bad one, bitcoin isn't decentralized.
Edit: dude please, being a badass and a ninja keyboard warrior doesn't prove anything, even if you were a ninja in real life.
Wow, you would really like to see my balls ?

[spartak_t]

Dollface, what do you think it will happen with ethereum project if what they are working on will work as stated ? The 3 sec blocktime, raiden / instant transactions with lower cost and massive scaling ?

I will answer to you when you come over here and call me dollface in person. I'd like to see if your balls are so big outside the forums. Now you can continue with your monologue, because I'm not answering you anymore.

Edit: dude please, being a badass and a ninja keyboard warrior doesn't prove anything, even if you were a ninja in real life. Wow, you would really like to see my balls ?

See, here is the difference between you and me. Unlike you, I am an open and transparent person. Pretty much everyone (if cares) can find out who I am and that's fine by me, because it's my own choice. Your choice is to remain anonymous and I respect that, but it doesn't give you the right to call me a dollface. And do you know why? Because a real man doesn't like to be insulted in such way, and frankly speaking, I'll (at least try) to squeeze you like a bug if you were here. This is really my last comment to you.

[Minecache]

Yes, I am a hypocrite, who wants a better future and equal chances for everyone involved in cryptoscene. But you'll never understand that since you are blindfolded with your beloved Ethereum. Same goes for most of the Dash and Monero supporters. We somehow got over the DASH-XMR war, but we now have another one - ETH-ETC. And the funny part is that it happens mostly here on the forum, where everyone is an expert beyond imagine.

You want a better barber is what you want or are those scar lines at the side of your head where you were whacked? It could explain why you occasionally go full on tard.

[Minecache]

Wow such a hypocrit ! You're also for saving penguins, black rhino, an activis against global warming and sex outside marriage. Please, no one believes you. You should become a politician.
P.S : remove the tinfoil hat, giants using ethereum blockchain is not a bad thing, they're the ones that can link blockchain technology with clueless common people like yourself.
Edit: People like you is what holds the humanity back, too afraid of change, histerical and hypocrit. You're endangering yourself by being who you are.

Indeed my friend, a lot of fantastic news coming out of Devcon2. And we're only on day one. Of course all this gud news and tech goes over Spartac_unts haircut.

[spartak_t]

Indeed my friend, a lot of fantastic news coming out of Devcon2. And we're only on day one. Of course all this gud news and tech goes over Spartac_unts haircut.

Indeed, my dearest Mindlesscache. Now you can both grab each other asses, sing the ETH chorus and fuck off.

[TrueAnon]

that is what you get when you have a poorly coded coin which is only created for the purpose of pump and dump by the deep pockets of the ethereum foundation developers team.

and these bugs will continue coming out one by one and lots of money will be lost, maybe not this bug or the next. and as long as foundation don't lose anything there will be no hard fork

the interesting part is that price is rising which shows the high level of manipulation!

Ding Ding Ding 100% correct!

[mining1]

Love seeing btctalk trolls being desperate about getting in ethereum lol. Funny thing is, they can't even recognize good projects to invest in, they're the ones falling for cheap talk motto's like "silver to bitcoin's gold" or "etc and eth parity" . And then trying to convince each other how much of a scam eth is and that they did good not investing in, not to mention their high morale ground which wouldn't let them invest in same thing as giant evil corporations like microsoft, santander and so on.
Even a veteran at nasdaq recognise ethereum as a, quote " once in a lifetime opportunity" and quits nasdaq to work for ethereum foundation / ethereum, but bitcointalk trolls know better
http://www.coindesk.com/nasdaq-veteran-ethereum-foundation-security-lead/

[spartak_t]

Couldn't help myself...

Except that NASDAQ is not TheDAO were you can fuck up billions of $ and not end up like Bernie Madoff (former chairman of NASDAQ).

[Minecache]

Love seeing btctalk trolls being desperate about getting in ethereum lol. Funny thing is, they can't even recognize good projects to invest in, they're the ones falling for cheap talk motto's like "silver to bitcoin's gold" or "etc and eth parity" . And then trying to convince each other how much of a scam eth is and that they did good not investing in, not to mention their high morale ground which wouldn't let them invest in same thing as giant evil corporations like microsoft, santander and so on.
Even a veteran at nasdaq recognise ethereum as a, quote " once in a lifetime opportunity" and quits nasdaq to work for ethereum foundation / ethereum, but bitcointalk trolls know better
http://www.coindesk.com/nasdaq-veteran-ethereum-foundation-security-lead/

You pretty much hit the nail on the Spartak_unt head. What I find galling is that in a year or two the very same Spoetniktard sockie trolls will be bemoaning their missed opportunity to get into ETH when it was $14 cheap. ETH is dirt cheap right now compared to its potential. The time to buy is now but their pathetic groupthink trolling holds them back.

[mining1]

Couldn't help myself...

Except that NASDAQ is not TheDAO were you can fuck up billions of $ and not end up like Bernie Madoff (former chairman of NASDAQ).

The wheel was invented almost 10.000 years ago and it's still improved today. Do you think your cousins were like " but it's not perfect, we don't need it ",  or they kept using and improving it over and over again, after it broke / fell apart so many times ?
Edit: Dollface, you have an african mentality. You'd be stuck in century 1000 B.C if everyone would be like yourself.

[dinofelis]

Couldn't help myself...

Except that NASDAQ is not TheDAO were you can fuck up billions of $ and not end up like Bernie Madoff (former chairman of NASDAQ).

The wheel was invented almost 10.000 years ago and it's still improved today. Do you think your cousins were like " but it's not perfect, we don't need it ",  or they kept using and improving it over and over again, after it broke / fell apart so many times ?

The point is that ethereum is a square wheel.  The square wheel hasn't improved over the centuries.  It has been replaced by the round wheel.  Even though the triangular wheel looked like an improvement over the square wheel (it eliminated one bump per turn), it didn't, in the end, catch on.

The square of ethereum is its Turing completeness.  You will go from bug, to exploit, to bug, to bug to exploit.  Like any other code system has in Turing complete systems, but for stoppable code that's acceptable.  For unstoppable code, that's lunacy.

[mining1]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

[dinofelis]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.  But the nature of ethereum is such, that if there's serious money in these dapps, exploits will be found.  Or it would mean that the ethereum guys have found the very first way of coding in a Turing-complete language that is devoid of exploits unless you're a really ugly, incapable nitwick of a coder, to allow for the only big ethereum contract experience until now: the DAO.
More than 40 years of research in computer science hasn't come up with any language that permits you to code exploitless in such an environment.  So it is almost impossible that not several of those DAPPS will be exploitable.
It is just a matter of time, and a matter of having them enough money in them for it to be worth while.

The market value of ethereum is not made by these DAPPS.  Most ethereum has nothing to do with these DAPPS, and is probably even kept on exchange's wallets ; so you don't even need a block chain.  It is just a betting token on exchanges.  That can go very high.

Exactly like bitcoin, BTW.  Bitcoin's price is also mainly from a betting token on exchanges, and not as a currency to buy stuff with.  Most crypto is nothing else but betting on exchange IOUs.  The actual block chain and usage behind it mostly doesn't matter.

[spartak_t]

snip

Don't bother. Just join me singing the chorus: https://www.youtube.com/watch?v=cm1AQk30kFs  

[BiTZeD]

Sadly for our miner friends, the hashrate already went back to its normal rate. I maybe would habe been interested to rent some hashrate if I saw that before ...

[mining1]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.

You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

[dinofelis]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.

You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Yeah, sure.  I know there are a lot of dapps in development, and some are even running.   But how much success do they have ?  How much ether is in there, or do they handle ?

In other words, how much of ethereum's market cap has to do with the demand for ether to use on these DAPPS ?  How much ethereum transactions have to do with these DAPPS ?  My uneducated guess is that if a few percent of the ether market cap, and a few percent of the ether transactions are related to the ensemble of these DAPPS, it will be a lot.

[Minecache]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.

You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Nice work there my friend. Just compare that list to the ETC Criminal Coin one.

[Spoetnik]

Love seeing btctalk trolls being desperate about getting in ethereum lol. Funny thing is, they can't even recognize good projects to invest in, they're the ones falling for cheap talk motto's like "silver to bitcoin's gold" or "etc and eth parity" . And then trying to convince each other how much of a scam eth is and that they did good not investing in, not to mention their high morale ground which wouldn't let them invest in same thing as giant evil corporations like microsoft, santander and so on.
Even a veteran at nasdaq recognise ethereum as a, quote " once in a lifetime opportunity" and quits nasdaq to work for ethereum foundation / ethereum, but bitcointalk trolls know better
http://www.coindesk.com/nasdaq-veteran-ethereum-foundation-security-lead/

You pretty much hit the nail on the Spartak_unt head. What I find galling is that in a year or two the very same Spoetniktard sockie trolls will be bemoaning their missed opportunity to get into ETH when it was $14 cheap. ETH is dirt cheap right now compared to its potential. The time to buy is now but their pathetic groupthink trolling holds them back.

I said i would go light my money on fire before buying your Ethereum ICO shit coin scam.



..so i did.

Cold day in hell when i buy your ICO scam coins Fraudcache.

You should spend more effort on being smart mETH heads..



Maybe quit being a Shill Butters ? I ain't buying your "Cheap" ICO scam coins.
Not at $14.. $21 or at 1 cent each..



@minecache
You are a fraud.. as voted by the community here.

[reb0rn21]

The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype

[dinofelis]

The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype

That's also my point.  Market cap mainly measures how much gamblers are betting against one another on exchanges, and has very little to do with the underlying crypto function.  I would even go as far as saying that most big crypto market cap would be the same if we removed the block chain from it, and it were just IOU on exchanges.

The real usage of the crypto, which means for bitcoin: paying to buy stuff or services and get paid to deliver stuff or services, and which means for ethereum: fuel/stake for smart contracts, seems to be only an infinitesimally small part of the transaction activity and the market cap.

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

[bbc.reporter]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.

You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Which of those services offers a real world use case where those services built in Ethereum could replace the ones we already have now. It is already looking like one big experiment and the development team of all of those services listed by you do not have a clue of what they are really doing except to build and hope they get paid millions for their effort. Do you really think all of those "projects" will achieve success and become multi million dollar companies?

[Spoetnik]

@bbc.reporter
Lets put it into perspective..

Ethereum was launched with out that list of APP's / DAPP's in 2014
Yet it was an ICO that ended up paying many millions of dollars to "Butters"
He gets to push out an ICO back then in 2014 then buy blocks of them at 100BTC per TX non stop on Launch.
SO he can bank a massive profit in 2016 with a massive spam / pump campaign.
Then tack on POS mining 2 years after launch..

THEN get all of you to make those listed DAPPS for his project he was paid millions for going back to 2014.

What a wonderful scam LOL

Unleash an ICO that is a shell of a project (an old tactic around here)
Then buy them up yourself like crazy and also take a cut / premine percentage.
Then years later start working on it.. or demand the public does it for you LOL

Sort of like selling a slab of Metal..
Then years later selling the car it's made into.
The people who wanted a car were clearly not going to buy the slab of Metal and the dev knows it.

They tried pretty damn hard to spam on about ETH in between 2014 and 2016 now didn't they ?
Or did they stay silent and buy up cheap coins in preparation for scam phase 2 ?

Nothing ever changes around here.
Dev's deserve to be paid ?
Ya.. because they launched a "shell" project long ago and put the code on Github (or some of it)
THEN EXPECTED ALL OF YOU TO DO THE CODING WORK.


..to give value to their ICO coins etc they bought up dirt cheap years earlier.

And if you don't ?
Then like the Doge coin dev said.. you all "failed to support the coin" and the dev quits and wanders off
..cash in hand LOL

The shell scheme launch is the oldest around here.. i have watched it play out like a broken record.
It really is one of the most brilliant yet sleazy tactics commonly employed around Crypto.
A highly profitable and effective scam method.

[mining1]

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.

You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Which of those services offers a real world use case where those services built in Ethereum could replace the ones we already have now. Do you really think all of those "projects" will achieve success and become multi million dollar companies?

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.

[dinofelis]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.

So essentially, these are just projects and dreams, but there's not much REAL STUFF going on.  The market cap of ethereum doesn't come from the demand for ether to use these things.   Most of the transactions are not related to these things.  In other words, at this point in time, there's not much ether used in DAPPs.

I looked at Akasha's web site: blog.akasha.world.
Latest news from 18 July,.  http://blog.akasha.world/2016/07/18/moving-forward-on-all-fronts/

Digix: really ?  Essentially you have to believe that these tokens represent gold you can redeem ?  That gold is somewhere, no ?  So this is essentially a centralized "central bank" and the day that this centralized gold safe is gone, you still have your tokens.  One has to be outright crazy to think that tokens on a block chain, with no legal contractual binding at all, will be redeemed against physical gold.  The person holding the gold can run off any day and you will only know when you try to redeem your DGX. 

Many others on your list are ponzi, lottery or gambling contracts. 

That flight delay DAPP has, holy jesus, 353 ether in it, for 177 transactions.  Wow.
Block 2291471: "warning, an error occured during contract execution".

Yes, ethereum is really running huge contracts, with huge real-world implications, and a serious part of the ethereum market cap and transactions are involved in DAPPS.... 

[jmpFCE2]

Highest ALLTiME Avg Hashrate of 5492.6669 GH/s was recorded on Tuesday, September 20, 2016

[spartak_t]

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

[jmpFCE2]

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/

[spartak_t]

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/

Yeah, we have the right to fear from The Walking Dead....

[noormcs5]

With Bitcoin, there is the daemon/client and a GUI.  The wallet GUI is nothing more than a program pushing commands to the daemon. Someone wants to start programming or creating side chains or assets and they immediately hit a wall of nearly impossible learning depending on their initial knowledge base. 

[bbc.reporter]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.

Until it is proven that they are really useful in practice then all you said and mentioned are nothing but hype at present. You can always say anything selling dreams and fantasies and snake oil but what good did all that brought to the world except false hopes and disappointment. Those developers behind each of those projects and dapps should be careful because they would become scammers in the cryptosphere of what they create is not proven practical. I would imagine most of those projects collect money from the community thru ICO. So that makes the community to have all the right to judge them as scammers or not.

[greenuser]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

[spartak_t]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

Fuck, I am Bulgarian and this classification puts me in the evolution stages somewhere between amoeba and diplococci.

[jacaf01]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

I am not trying to defending him, but I guess what he meant is the level of censorship in those countries

[spartak_t]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

I am not trying to defending him, but I guess what he meant is the level of censorship in those countries

And what is the level of censorship in the USA? Pretty much the same (if not higher), but in a hypocrite way. Same goes for your country, mine... the entire world is censored. People who are using the "3rd world countries" wording are often thinking that people which lives in these countries are considered less humans. This is their hypocrite way to say "Hey, I'm free to do whatever I want, unlike these people". Yeah, right... 

[greenuser]

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

I am not trying to defending him, but I guess what he meant is the level of censorship in those countries

And what is the level of censorship in the USA? Pretty much the same (if not higher), but in a hypocrite way. Same goes for your country, mine... the entire world is censored. People who are using the "3rd world countries" wording are often thinking that people which lives in these countries are considered less humans. This is their hypocrite way to say "Hey, I'm free to do whatever I want, unlike these people". Yeah, right...  

Yeah.. the whole idea of crypto is to offer somthing different in the way of world payments, to decenteralise money control and to dump the dollar as a world reserve currency. And the first thing Ethereum do is get in bed with 45 banks in the R3 Consortium where the Federal Reserve is at the center of the network. 
It would explain why the price went up only an hour or so after a bug was found in geth
I'm so glad Ethereum Classic have an anonymous Russian white hat hacker in their dev team writing geth software.

[spartak_t]

And the first thing Ethereum do is get in bed with 45 banks in the R3 Consortium where the Federal Reserve is at the center of the network. 

My own words: https://twitter.com/FAILCommunity/status/778160843884269568

[greenuser]

And the first thing Ethereum do is get in bed with 45 banks in the R3 Consortium where the Federal Reserve is at the center of the network.  

My own words: https://twitter.com/FAILCommunity/status/778160843884269568

Yes, it's so the banking establishment have a safety net when fiat fails.  Negative interest rates are on there way so it will soon cost money to keep assets in the bank.
Remember what happened in Greece?  The Government confiscated 60% of everyone's money and gave it to Germany. Then the state restricted ATM withdraws to 60 euros per day regardless of how much money you had in your bank account.  Greece government should have done an Iceland and defaulted on their payments.  Anyhow, many in Greece moved over to Bitcoin.  

Now that the Banks have Ethereum, it will be easy for the state to confiscate peoples crypto too.

Time to be a Hitar Petar and choose anything other than Ethereum  

[spartak_t]

Time to be a Hitar Petar and choose anything other than Ethereum  

Hahaha! Xитъp Пeтъp! Time to ride the donkey and be careless:

[greenuser]

Sit and watch the fools chase their tail.  



When i make my riches in crypto (when?) I will live in a world were I am not looking for a charge socket for my electric car, ho no, i will be picking my strawberries to feed my driverless donkey. lol  Maybe, a nice farm on the outskirts of Varna?  

[spartak_t]

Maybe, a nice farm on the outskirts of Varna?  

Nah. I would recommend you my hometown Razlog (Paзлoг). You can google it.

[greenuser]

I have always lived by the coast in the south-west of UK and like to SCUBA dive.  
Plus, i cannot fly or drive in the mountains after diving in the blak sea without risk of a bend.
It looks nice though.  I will look you up when i come over.  Can you help me with legal documents?

I think we are off topic now, while we laugh with each other it looks like the markes have responded to the bug in "geth"
0.02133 at time of posting.

Edit 3min later:  Now 0.02089  

[spartak_t]

Can you help me with legal documents?

Write me PM and I can help with what I can. But btw, there is a high chance for me to relocate in the UK in the next 2-3 weeks.

[greenuser]

Can you help me with legal documents?

Write me PM and I can help with what I can. But btw, there is a high chance for me to relocate in the UK in the next 2-3 weeks.

Understanding property documents writen in Bulgarian is not easy for me.
You think things will be better here? OK, No prob.
You have work here, a place to stay?
This is not the place to talk.
I will PM you later when i have more time, I am doing many things at once ATM.

 

[greenuser]

Looks like Ethereum have the bug again,  network hashrate just droped from ~5000GH/s down to 2775.7 GH/s
http://fork.ethstats.net/

[posternat]

Looks like Ethereum have the bug again,  network hashrate just droped from ~5000GH/s down to 2775.7 GH/s
http://fork.ethstats.net/

They can't go straight into assets without first learning BTC and the basics.  But, they can start Googling and end up with ETH and Geth.  First blush it looks a lot easier and like something they can handle, but before too long they have created an asset that only exists on their computer or is completely wrong, maybe a hanging TX

[greenuser]

https://www.reddit.com/r/ethereum/comments/53zahk/urgent_all_miners_please_read_ethereum_under/

they forgot to put "attack" at the end o the URL

 "The real solution is to change the gas costs, but that requires a hard fork"

[Qunenin]

https://www.reddit.com/r/ethereum/comments/53zahk/urgent_all_miners_please_read_ethereum_under/

they forgot to put "attack" at the end o the URL

 "The real solution is to change the gas costs, but that requires a hard fork"

How many half created assets are on the ETH chain?  They have a name, description and other data, but once the user tried to create it they realized it required payment in ETH.

[2girls]

Most smart little cookies can push it through without a ETH fee though and then it sits there and haunts the chain forever, as the person gives up and moves on. 

[virasog]

Bugs in Geth come from people pushing devs to release quicker.  The forum is literally sixty pages deep talking from the time that a fork for the original ETH was mentioned. 

[MFahad]

The dev team sees what needs to be done, talks about it and what should have been done in three calm months gets pushed to two hectic months.  Most of their time is spent in the forum fielding questions.  Then, the rushed software gets bombarded with every BTC enthusiast that sees the opportunity to create what feels like their own coin with any programming knowledge

[virasog]

We are lucky that any of the Crypto coins, wallets and otherwise work at all.  Rushed devs, hacking attempts and open source software that any one any where can grab up and create a possible fork. 

[X7]

Yeah ETH has had a pretty hard 4 months or so

[Westant]

The dev team sees what needs to be done, talks about it and what should have been done in three calm months gets pushed to two hectic months.  Most of their time is spent in the forum fielding questions.  Then, the rushed software gets bombarded with every BTC enthusiast that sees the opportunity to create what feels like their own coin with any programming knowledge

https://www.reddit.com/r/ethereum/comments/56oe86/100gb_network_in_and_150gb_network_out_on_amazon/?st=iu45z9dx&sh=db813f5b

100GB network in and 150GB network out on amazon instance running just geth with 64 peers in a one day


"I logged to amazon to check for curiosity correctness of this post:

https://www.reddit.com/r/ethereum/comments/56ih4a/geth_upto_its_old_tricks_10_gigs_transferred_daily/

and saw that cost estimation for a current month is much larger than usually and the largest part of a month-to-date cost is a DataTransfer. There is a large peak three days ago, but today it isn't much better. I used a calculator here:

http://calculator.s3.amazonaws.com/index.html

And it seems that I will have to pay about $500 monthly for running geth there. Can someone confirm those numbers and that they aren't decreasing? I'm stopping this instance until it is solved.

edit: click at a "Sum" and period "1 Day" on a instances page -> monitoring"