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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1800502 times)
DaFockBro
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February 06, 2014, 06:07:46 AM
 #1261

whooooooooaaaaaaaaa
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February 06, 2014, 07:34:14 AM
 #1262

Charles did his own marketing attempts trying to push this Vitalik as uber genius geek narrative (which he may or may not be. some said he's really clueless on financial side and that might impact way he sees the design of the system in a negative way). The Invictus guy seemed bit weasel like, but he is smart and creative. Their distribution model with angel shares and such was pretty creative, though I wouldn't bet on them. Keep in mind though Charles split from Invictus, so Charles did plenty of work to bring protoshares where it is now. He basically started fresh with Ethereum and needs to catch up a fucking LOT to both Mastercoin and Protoshares (invictus), but especially Mastercoin which now has functional decentralized exchange in beta stage, while Ethereum only has "touring complete" talk and fantasies and a failed IPO attempt.

Judging from utube, Invictus guy is definitely salesman, Charles sounds like one too. I have no problem giving money to hardworking devs, but I rather flip my coins in casino than giving them to salesmen.
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February 06, 2014, 08:36:19 AM
 #1263

to be honest I am just investing in etherium for the bubble, I don't believe in the idea, it just cannot be made in an efficient way, A developer sometimes must give up to the basic principles of the tradeoffs.

But now I am only seeing this bubble bursting on my face as a day 0 investor........

Will take me a while to climb up again, But where is a will, there is a way...
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February 06, 2014, 08:39:37 AM
 #1264

No more questions will be addressed in this thread. Please refer to the Q&A thread.

You mean "No more questions will be addressed in this thread. Please refer to the self-moderated Q&A thread."

Why so scared?  Roll Eyes
+1 I had a feeling this was going to happen right when I saw the Q&A thread  Wink
superresistant
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February 06, 2014, 02:42:01 PM
 #1265


Have you seen the Ethereum team cashing out the IPO on MtGox ?
Ursium
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February 06, 2014, 03:44:10 PM
 #1266

to be honest I am just investing in etherium for the bubble, I don't believe in the idea,

Thank you for being candid about this!
Please don't invest in an idea you don't believe in. We're not building Ethereum for speculation purposes, period.

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
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February 06, 2014, 03:44:51 PM
 #1267

No more questions will be addressed in this thread. Please refer to the Q&A thread.

You mean "No more questions will be addressed in this thread. Please refer to the self-moderated Q&A thread."

Why so scared?  Roll Eyes

Nothing to be scared of, number of posts deleted on the QA thread so far = 0

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
Rampion
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February 06, 2014, 04:20:23 PM
 #1268

No more questions will be addressed in this thread. Please refer to the Q&A thread.

QA thread: https://bitcointalk.org/index.php?topic=448923.40

We're also going to run an AMA on Reddit very soon. I'll post the time and dates and soon as all this is confirmed.

http://j.mp/ethereum_code_faq

http://j.mp/ethereum_mining_faq

http://j.mp/ethereum_investment_faq

http://j.mp/ethereum_meetup_faq

And of course, our blog is at blog.ethereum.org

Yep, no more questions will be answered in an unmoderated thread, better to address questions in an "OP-moderated" thread.

These thread was unmoderated and I've seen NO trolling nor abuse, just both critics and supporters. Why a moderated thread?

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February 06, 2014, 04:37:54 PM
 #1269

I don't quite see how the price to execute etherium code will be determined.

there has to be some sort of clever system based on realtime or near realtime demand for, well what ever the limitation is to get things into the next block?Huh

I am also wondering if some sort of of chain processing can be done, and results are somehow integrated back into the etherium chain, that can be verified thus reduce bottle necks.....


it could be an etheirum fork would set fee lower......




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February 06, 2014, 11:15:48 PM
 #1270

1.49.0.1

If you install 1.53, that should solve the issue. I also installed qtcreator as some people have had problems without it. Note that the latest Github code can fail to run, so download from code.ethereum.org.


Code:
sudo apt-get install libboost1.53-all-dev

that's the problem, thanks

What about ubuntu 12.04? I have the same issue, but the latest libboost for 12.04 is 1.48 Sad

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February 07, 2014, 12:36:50 AM
 #1271


Yep, no more questions will be answered in an unmoderated thread, better to address questions in an "OP-moderated" thread.

These thread was unmoderated and I've seen NO trolling nor abuse, just both critics and supporters. Why a moderated thread?

You have to be kidding.
It became completely unreadable, we even received blackmail messages telling us the trolling will only stop if we sent money.



Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
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February 08, 2014, 12:27:18 PM
 #1272

a fair suggestion, why don't you change the project name, Ethereum is just don't-know-what-the-heck-it-means to mainstream and barely anyone could spell it correctly when they first hear it, change to something more intuitive, like Bitcoin. Name is critical for any project or IPO to scale and succeed as every VC or sponsor will tell you, just look at how successfully Bitcoin is, an underestimated attribute is that an average Joe would understand what it means by looking at the name itself, honestly, change it for the sake of living up the cryto 2.0 expectation.
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February 08, 2014, 01:59:50 PM
 #1273

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.

https://github.com/pocesar - BTC 1KLRAFHGGhE2WiRASkASatvMR1vALmkB9L
lemfuture
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February 08, 2014, 02:08:08 PM
 #1274

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.
good to know!

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February 08, 2014, 03:46:07 PM
 #1275

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.
good to know!

well, latin is cool but it's a dead language and typically you only see pharma companies or hedge funds use these type of naming system, coz they want to shut publicity or enhance uniqueness  (like for medicines ) , which i believe it's not what "Ethereum" is about; at the end of the day, etheruem (damn, i couldn't spell it right each time i type it) is a "consumer product", only an "Apple" like name will get you home run, you know what i mean.
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February 08, 2014, 04:46:59 PM
 #1276

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.
good to know!

well, latin is cool but it's a dead language and typically you only see pharma companies or hedge funds use these type of naming system, coz they want to shut publicity or enhance uniqueness  (like for medicines ) , which i believe it's not what "Ethereum" is about; at the end of the day, etheruem (damn, i couldn't spell it right each time i type it) is a "consumer product", only an "Apple" like name will get you home run, you know what i mean.
Let's call it "Mellon"!
DaFockBro
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February 09, 2014, 04:54:54 AM
 #1277

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.
good to know!

well, latin is cool but it's a dead language and typically you only see pharma companies or hedge funds use these type of naming system, coz they want to shut publicity or enhance uniqueness  (like for medicines ) , which i believe it's not what "Ethereum" is about; at the end of the day, etheruem (damn, i couldn't spell it right each time i type it) is a "consumer product", only an "Apple" like name will get you home run, you know what i mean.
Let's call it "Mellon"!

Can we rename it Titty Sandwich please?


On a serious note.  Am I correct in thinking that the inflation will be distributed to holders?  This is where the Proof-of-Stake part comes in?
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February 09, 2014, 08:33:45 AM
 #1278

Inflation!?  Got a link?

Notable projects: Bitcoin, Ethereum, Semux, Wagerr, Elastic, TenX, Ardor, Quantum, Dero, Sia Storage
DaFockBro
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February 09, 2014, 08:43:13 AM
 #1279

Inflation!?  Got a link?

I was reading through the summary of all the questions answered during the ethereum ask-me-anything on reddit yesterday:
http://pastebin.com/b9M8gwZx


Quote
Q: What is the most common misconception/myth about the ethereum project that you've seen so far?

1. Ethereum is not your personal decentralized Amazon EC2 instance. You will not be able to run anything on top of Ethereum that you cannot run on a smartphone from 1999.

2. The inflation rate is 0.4x the amount released in the presale per year, not 40% per year. That is, we'll have 1.5x after 0 years, 1.9x after 1 year, 2.3x after 2 years ... 401.5x after 1000 years, 401.9x after 1001 years, etc.

Q: The inflation in the product seems too high at 0.4X. Are there any plans to reduce this.

A: It depends upon other factors as well including what is done with fees, the fee structure, how people use ether, etc. We are building a lot of models, but I know that we are going to change the inflation weight.

{Charles}

Q: in the white paper it says, "0.4X ether will be mined per year forever after that point". Won't this create a massively inflating currency after the currency adoption peaks? Assuming Ether is widely used globally at some point and growth in adoption of ether is far less than 40%, won't a 40% annual currency volume increase be a problem?

A: .4X of the initial fundraiser. It will be increased by the same fixed number of eth each year, which will be a lower % of total eth in circulation each year.

A: Here's a handy graph - http://i.imgur.com/of1zoPC.png?1


I'm assuming this inflation they're discussing will be distributed through Proof-of-work/Proof-of-stake hybrid?

If so, I don't see how it's a bad thing.  If I hold Ether in my wallet, my ether stash will grow through Proof-of-stake, right?

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February 11, 2014, 12:37:43 PM
 #1280

the name Ethereum makes sense. Comes from latin Aether, Aetherum is just the "plural" of Aether, that means "heaven", "air", "sky", so it means, "many skies"... that's all Ethereum is about, endless possibilities, like many horizons, without a "set in stone" begin and end.

LOL seriously?  Roll Eyes

"Ethereum" comes from Blizzard Inc, World Of Warcraft.

http://www.wowhead.com/search?q=Ethereum

I honestly don't take anything that just picks a random name from a World of Warcraft game any serious. Didn't even have the creative energy to make their own unique name huh? Had to "borrow" it from a game.  Tongue

And almost 40% pre-mine goes straight to devs? This is just another freakin' "DevCoin". Same shit, different package + some scripting language built into it. God-syndrome infected Greed Extravagante Deluxe. (As in, "I'm the dev, and all your money are belong to me(TM).")

I'm not even going to touch the mountain of technical problems and security-loopholes regarding the built-in scripting engine inside ethereum-coin will create at all. I'll leave that to the miners who experience it first-hand. Good luck.  Grin
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