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Author Topic: Ethereum is under DoS attack...  (Read 1506 times)
Shiroslullaby
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September 27, 2016, 09:47:42 PM
 #21

I do have to admit that its pretty impressive that they are able to stand up to a DDOS attack by adjusting mining settings.
I'm not super informed on the technical aspects on Ethereum. I might have to do a little bit of reading, seems pretty interesting.

Minecache
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September 27, 2016, 09:47:54 PM
 #22

Ethereum could surpass Bitcoin or it could turn to a even bigger disaster than the DAO.
This i agree, but only the first part. Even if ethereum fails and hits a brick wall in their developing process, run out of money and in the same time being attacked by bitcoin maximalists, even if all 3 happen at the same time it won't be qualified as a disaster. Ethereum technology is even more disruptive than blockchain currency technology brought by bitcoin at it's time, because bitcoin aimed to be just a simple tool but ethereum's fingerprint may be found in the future in everything we do. So if ethereum fails, it will leave behind a revolutionary tech and a changed mentality of the world towards blockchain technology, which was considered a  wannabe digital money technology that's mostly used by bad people.
Ethereum can fail but can also surpass bitcoin yes, i give it 50-50% chance. But considered ethereum's value at this moment, i believe the potential profit chances easily beat the risk. It's really easy to do what everyone else does, create a clone and get rich as a developer, but it's damn difficult to "invent" something new and make it perfectly work in a really small window of time, and it's even easier to simply try to destroy that thing.
Exploiters, hackers, fud trolls, these are small people looking to profit in a wrong way, they're the thiefs, killers and rapists of digital world.

wow so every one not agreeing with you is a
quote:
these are small people looking to profit in a wrong way, they're the thiefs, killers and rapists of digital world.


You cannot deny that ETH has been under constant attack from the trolls and hackers now for 9 months. And for what reason? None other than pure jealousy that the forward thinking intellectuals amongst us saw the potential early on in ethereum and we filled our bags up gud. Every other troll hacker attacker and denier has been playing catch-up ever since. Hence today we now have the ETC Criminal Coin and all the immoral vile nefarious actions that it stands for. But I tell you what I love most about ETH is that each and every single day it grows stronger and proves that all these idiots are wrong. If you bag is full of ETC Criminal Coin then more ful you.

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Spoetnik
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September 28, 2016, 08:28:34 AM
 #23

Ethereum could surpass Bitcoin or it could turn to a even bigger disaster than the DAO.
This i agree, but only the first part. Even if ethereum fails and hits a brick wall in their developing process, run out of money and in the same time being attacked by bitcoin maximalists, even if all 3 happen at the same time it won't be qualified as a disaster. Ethereum technology is even more disruptive than blockchain currency technology brought by bitcoin at it's time, because bitcoin aimed to be just a simple tool but ethereum's fingerprint may be found in the future in everything we do. So if ethereum fails, it will leave behind a revolutionary tech and a changed mentality of the world towards blockchain technology, which was considered a  wannabe digital money technology that's mostly used by bad people.
Ethereum can fail but can also surpass bitcoin yes, i give it 50-50% chance. But considered ethereum's value at this moment, i believe the potential profit chances easily beat the risk. It's really easy to do what everyone else does, create a clone and get rich as a developer, but it's damn difficult to "invent" something new and make it perfectly work in a really small window of time, and it's even easier to simply try to destroy that thing.
Exploiters, hackers, fud trolls, these are small people looking to profit in a wrong way, they're the thiefs, killers and rapists of digital world.

wow so every one not agreeing with you is a
quote:
these are small people looking to profit in a wrong way, they're the thiefs, killers and rapists of digital world.


You cannot deny that ETH has been under constant attack from the trolls and hackers now for 9 months. And for what reason? None other than pure jealousy that the forward thinking intellectuals amongst us saw the potential early on in ethereum and we filled our bags up gud. Every other troll hacker attacker and denier has been playing catch-up ever since. Hence today we now have the ETC Criminal Coin and all the immoral vile nefarious actions that it stands for. But I tell you what I love most about ETH is that each and every single day it grows stronger and proves that all these idiots are wrong. If you bag is full of ETC Criminal Coin then more ful you.

9 months ?

Uhhmm think again Fraud-boy i launched my ETH = SCAM topic in 2014.. where were you then ?

Just because you hobble together some APP's gimmick scheme code then tack a block-chain onto it then ICO it does not mean it is by definition an innovative digital "currency"

The atmosphere around the ICO scam coin has been manipulation and deceit.
Blaming the Trolls ?
Blame Butters Coindesk and the likes of you "mining fraud boy shills"

The only people exploiting ETH are the same ones who hang out here exploiting it by posting garbage non stop shilling for it while bag-holding.. and crying FUD of course.

Maybe Butters should have held off on launching the coin instead of buying his own coins in 2014 in the ICO and then silently pumping it later in 2016 ..until it was developed better.

Why was POS / mining not added in 2014 when the ICO launched ?
Hmmmm ? Care to answer ?

FUD first & ask questions later™
dinofelis
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September 28, 2016, 08:55:09 AM
 #24

I do have to admit that its pretty impressive that they are able to stand up to a DDOS attack by adjusting mining settings.

That is because it is not "DDOS", but an *internal* difficulty, inherent to the way it functions ; in other words, a bad billing scheme for computation, such that expensive computation was billed way too cheaply, making it possible to launch a lot of computation for a small price, something the nodes couldn't handle.  In other words, ethereum nodes were overselling their capacity of computation, and someone took them on their word.

All this is *inherent* to the concept of ethereum.  Yes, one can mitigate, adjust, try to protect, .... but on a Turing-complete system, one can never solve this issue for good.
Spoetnik
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September 28, 2016, 09:05:31 AM
 #25

Good question / point and good explanation / posting dinofelis.
I don't know much myself about the inner workings of Ethereum LOL
I don't have all the facts.. i just post them  Cool

FUD first & ask questions later™
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