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Author Topic: So, how bad are the issues with the Ethereum blockchain  (Read 2603 times)
hh_relic
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June 21, 2017, 03:56:15 PM
 #21

 i withdarwal 5.6 ETH from poloneix today ,but its txid is gone ...  wait more 6hours

theteknolojist
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June 21, 2017, 05:07:05 PM
 #22

Is network still clogged? I want to send my SONM tokens in my MeW but I just can't!
DrkLvr_
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June 21, 2017, 05:19:30 PM
 #23

Is network still clogged? I want to send my SONM tokens in my MeW but I just can't!


That's because Ethereum is weak shit and can't even process as many transactions as BTC  Grin

Imagine when ETH is as old as BTC? It will have stopped working entirely long before that. Lots of idiots put their trust in a shit platform like Ethereum and started foaming at the mouth with marketing propaganda like Flippening. They're gonna get REKT.
Alttrader203
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June 21, 2017, 05:24:10 PM
 #24

How is a supercomputer or derivatives exchange or betting app or blahblah even gonna run on ethereum if a ico with 10000 transactions cannot run on it?
oddwh
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June 21, 2017, 05:29:13 PM
 #25

I would be interested to know if we all do the same amount of transaction in the BTC blockchain than we had on status ico (or bancor ico) in the ETH blockchain, what would happen.

Which blockchain can afford the most important amount of tx per second ?

BTW I just realised I don't really know the ETH blockchain  Grin
Does every token transaction are stored on ETH blockchain like an ETH transaction ?

If yes, that would mean we will have more and more this kind of situation in the near future...

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DrkLvr_
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June 21, 2017, 05:32:38 PM
 #26

There have already been spam attacks much bigger than the ICO that brought ETH down to its knees aimed at BTC. Nothing happened and exchanges never had to suspend deposits.

That's the difference between BTC and shitty platforms that claim to be better.
psychosis7
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June 21, 2017, 05:50:55 PM
 #27

NEM is much more scalable than ETH, maybe it will finally come out to shine, though Ardor is the chief competition for ETH being that people are already issuing tokens on that platform.  All the NXT based solutions seem to be fairly robust, like NEM. Then there's the blockchain trimming technology in Pascal which seems to be getting little attention.

Blockchain trimming (Pascal Coin) and child chains (Ardor) seem to be the main competition when it comes to scalability, and NEM with Mijin whenever that gets rolling.   Ardor, NEM, and Pascal were all written from scratch.

Having ETH pop presents it's own problems though from a technical standpoint. Hopefully the market can work through them as it's in all our best interests to not have the.. cough.. bubble pop here.. cough.

Disclosure: Long all 3 of these.   Also Ark who the poster below me seems to own.

Have any of those networks had a stress test? Ardor, Nem or Pascal? I don't think I seen any testing done on these coins. Bitshares however has tested their max TPS and you can see the test running live. Although, BTS doesn't do smart contracts. So there is that...

I think the DPOS coins will do well with scaling, Lisk and Ark are two that I know of. I'm sure there are others out there as well.

Maybe its time for Ethereum to go DPOS until they figure out something better.
oddwh
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June 21, 2017, 05:52:34 PM
 #28

There have already been spam attacks much bigger than the ICO that brought ETH down to its knees aimed at BTC. Nothing happened and exchanges never had to suspend deposits.

That's the difference between BTC and shitty platforms that claim to be better.

Ok, that's what I was a bit thinking, thank you.

ETH is young, it has to learn from its fails.

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flyer88
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June 21, 2017, 05:56:26 PM
 #29

Have any of those networks had a stress test? Ardor, Nem or Pascal? I don't think I seen any testing done on these coins. Bitshares however has tested their max TPS and you can see the test running live. Although, BTS doesn't do smart contracts. So there is that...

I think the DPOS coins will do well with scaling, Lisk and Ark are two that I know of. I'm sure there are others out there as well.

Maybe its time for Ethereum to go DPOS until they figure out something better.
Nxt did. Ardor is based on Nxt, so it should be in the same range.

Quote
[...]
Conclusion
Being able to scale to 100 TPS is a great achievement for Nxt, however we are not stopping here. For Ardor, we are planning to invest a lot of resources into load testing and scalability to make it an even more scalable blockchain solution.
https://www.jelurida.com/nxt-loadtest-results
martismartis
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June 21, 2017, 06:05:33 PM
 #30

And here is how Ardor solves scalability and blockchain bloat problem, which Nxt cannot solve now: https://www.jelurida.com/ardor-nxt-feature-comparison

Full story on Ardor design is at https://www.jelurida.com/ardor-blockchain-platform-design
Melfear
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June 21, 2017, 06:56:08 PM
 #31

I think we just have to wait and see Smiley
oddwh
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June 21, 2017, 07:12:45 PM
 #32

so, what will happen with vanished transactions?
I have one, it was in pending for 2 minutes on etherscan.io and then just vanished
Anyone please help

When I participed to Bancor ICO, I did a lot of transactions as they were vanishing. And my transactions just reappared a few minutes later, for some of them. It will depend of your luck, one will may be validated, but that's not sure. I've seen some others people who had no validated transactions at the end.

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Haladay
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June 21, 2017, 07:40:13 PM
 #33

Everyone was blaming bitcoin blockchain and saying it's very slow and problematic. Let's now see the Ethereum blockchain which fails every time when a big ICO is collecting money from its participants. Will this ethereum bypass bitcoin? That's funny.  Grin
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June 21, 2017, 07:41:48 PM
 #34

This pyramid scam eth is done.

reddit btcwriter1 - twitter kingpininvestor
NorrisK
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June 21, 2017, 07:43:30 PM
 #35

It's finally becoming clear that ether was never designed as a currency and that it is way overvalued because of that now.

The network was not designed to handle so many transactions, but rather tlfor the dapps.
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June 21, 2017, 07:47:37 PM
 #36

It's finally becoming clear that ether was never designed as a currency and that it is way overvalued because of that now.

The network was not designed to handle so many transactions, but rather tlfor the dapps.

I was exactly tried the say the same thing above. After then, there is reasonable thing to compare ether with bitcoin. They are different things in function.
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