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Author Topic: Ethereum going Casper - Ice Age incoming  (Read 1134 times)
lavenderp (OP)
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April 21, 2017, 05:16:36 PM
Last edit: April 21, 2017, 09:52:31 PM by lavenderp
 #1

Now, having researched ETH difficulty bomb, I come to the conclusion that the devs arbitrarily are in power of changing the difficulty implementation in their favor, in case CASPER/POS introduction needs to be further delayed.

First, lets go back to 2015:
CJentzsch wrote a difficulty simulator proposing 15408s of avg. block time after 19.5 moth in the interval 9/7/2017 to 4/21/2017:
https://gist.github.com/CJentzsch/c78768f9837afb8eef74

https://bitcointalk.org/index.php?topic=428589.0
intro of eth from butter

Having a look at https://ethstats.net/ the avg. block time is still at 15.9s ( 4/21/2017), because of the difficulty change cited in the yellow paper of gavin:
https://www.reddit.com/r/ethereum/comments/4pnjgr/ethereum_blocktime_simulator_discussion_about_the/

wimplelight posted a great table on the times here:
https://www.reddit.com/r/ethereum/comments/5dxhor/current_state_of_the_bomb_dont_worry/
notes from cryptocompare about the reset: https://www.cryptocompare.com/coins/guides/what-is-the-ethereum-ice-age/

The diff increase will start to be felt after >3650000 blocks. Now its late April and suddenly ETH price goes up to now 50$ starting its rise in 2/17. The table:
https://imgur.com/a/ZBSSX#qK5bYj5

I cannot explain the huge buy in also the Bomb is waiting and Casper not rolled out.
Citing from "I prefer not to give timelines," Buterin said, though on social media he recently gave a perhaps too rosy estimate of late 2017.

What is your take on that?  Huh
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April 22, 2017, 12:40:30 AM
Last edit: April 22, 2017, 01:06:51 AM by benthach
 #2

buterin is a little alien looking scammer freak, stole Nick Szabo smart contracts idea and paid people to code for him, the resolved is broken network which could be hack and attack which need to fork almost every month, this crook pocketing tens or even hundreds of millions.
my take on this scam etheriuem that it will died when it turn to POS, or what this freak call it casper.

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April 22, 2017, 12:29:47 PM
 #3

i have read some stuff about this thing they call "difficulty bomb" in the articles i read, but i can't pretend i fully understand it but it surely looks like shady behavior from ethereum developers to me.

and these changes and things they add, are always having some unknown time. it is either because of terrible developers with no plans and no clear roadmap or it is a master plan, where they keep these "features" to release when they are sure there is no more room to pump the coin or things get ugly pricewise.

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April 22, 2017, 01:25:02 PM
 #4

buterin is a little alien looking scammer freak, stole Nick Szabo smart contracts idea and paid people to code for him, the resolved is broken network which could be hack and attack which need to fork almost every month, this crook pocketing tens or even hundreds of millions.
my take on this scam etheriuem that it will died when it turn to POS, or what this freak call it casper.

Wasn't Gavin Wood the real brains behind Ethereum?  I mean he wrote the yellow paper and all the technical stuff and all, right?  But he was kicked out of the project, not sure if that's true tho.  But I heard he was.

Maybe it's time for Gavin to give a lending hand to ETC.  That would surely shake things a bit.  Smiley

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April 23, 2017, 06:58:46 AM
Last edit: April 23, 2017, 07:33:35 AM by benthach
 #5

buterin is a little alien looking scammer freak, stole Nick Szabo smart contracts idea and paid people to code for him, the resolved is broken network which could be hack and attack which need to fork almost every month, this crook pocketing tens or even hundreds of millions.
my take on this scam etheriuem that it will died when it turn to POS, or what this freak call it casper.

Wasn't Gavin Wood the real brains behind Ethereum?  I mean he wrote the yellow paper and all the technical stuff and all, right?  But he was kicked out of the project, not sure if that's true tho.  But I heard he was.

Maybe it's time for Gavin to give a lending hand to ETC.  That would surely shake things a bit.  Smiley

yes, i guessed so.
http://gavwood.com

he's not even interest in bitcoin or crytocurrency until late 2014. he's pretty much behind ethereuim smart contracts paid by ico money, which took idea from Nick Szabo smart contracts concept;
https://en.wikipedia.org/wiki/Nick_Szabo

ethereium coding and network pretty much depend on this guy which seem to have no clue, the reason it's easy to attack, broken and need to be patch often.
again and again, i just don't understand why banksters keep bank rolling this guy fail after fail.
i guessed etherium is pretty much own by this guy;
http://money.cnn.com/2017/04/20/investing/mike-novogratz-bets-big-on-bitcoin-ether-blockchain/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_latest+%28CNNMoney%3A+Latest+News%29

he got much of eth in $1 ranges and pump after pump when it drop
it's going to be bloodbath when he's decided enough is enough

the story of etherum is pretty much base on this homeless buterin kid seeing Nick Szabo smart contracts concept then go to bitcoin events after events to spread this smart contracts idea, then when he have ico money he then paid Gavin to code for it.

there are so many big companies blinded and have no clue about this, after seeing this and after seeing americans vote trump for president, i have lost hope for smart and decent people to be exist.

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