[ANN] Ethereum: Welcome to the Beginning

[newIndia]

51% Throttling

Since ether can theoretically be mined via CPU, GPU, HHD, and participating in a WMN, would it be a good idea to limit one way of mining to let say, 50 percent? For example, CPU generated ether cannot exceed 50 percent of the total ether in the network at the time it is mined. Ether generated by CPU will be throttled accordingly as it reaches 50% of the total supply of ether and all other ways of mining will be increased accordingly. This of course would mean that there must be a way to distinguish ether that is mined with CPU, GPU, and all others.

The idea behind 51% throttling is to make it difficult for a single organization to dominate the ether mining game. Additionally, there are a few other benefits from throttling. Throttling will encourage innovation in all forms technologies used for mining. For instance, if most of the ether is mined with CPUs and least of which is mined with HHDs and SSDs, the mining algorithm can (1) take ether mined with CPU and give it to people who are mining with HHDs or (2) lower the reward of ether to CPU miners and increase the reward to HHD miners. As a result, for the time being, more people will start to mine with SSDs and more people will buy SSDs, which will cause SSDs to become faster, higher capacity and cheaper. Every form of technology used for mining ether will go through this continuous cycle of mining and technological improvement.

The boldened portion is technically not possible unless the miner voluntarily declares it

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[freedomno1]

Haven't been keeping track of Ethereum for a while how has the progress been going in this system
Lot of technologies moving this year gets tricky keeping track of it all

[Ursium]

Haven't been keeping track of Ethereum for a while how has the progress been going in this system
Lot of technologies moving this year gets tricky keeping track of it all

Code is progressing very nicely - POC5 reference clients (on devel branches from github.com/ethereum) have graphic interfaces now baked in (HTML+CSS) which ultimately will be decentralized, too.

Quite a few community projects are in the making:
http://forum.ethereum.org/categories/projects
https://www.youtube.com/playlist?list=PLJqWcTqh_zKET0XRWZsj68CcURHIsAxwE

And if you haven't seen Gav's presentation in London, it explain a lot of where we're going next:
https://www.youtube.com/watch?v=GJGIeSCgskc
Slides: www.slideshare.net/ethereum/the-ethereum-experience

Apart from that, it's all hands on deck for v1 release in Q4 2014. As for the Ether sale (a common question), we still haven't announced anything and won't do so until it's ready.

Cheers!

[dzarmush]

Haven't been keeping track of Ethereum for a while how has the progress been going in this system
Lot of technologies moving this year gets tricky keeping track of it all

Code is progressing very nicely - POC5 reference clients (on devel branches from github.com/ethereum) have graphic interfaces now baked in (HTML+CSS) which ultimately will be decentralized, too.

Quite a few community projects are in the making:
http://forum.ethereum.org/categories/projects
https://www.youtube.com/playlist?list=PLJqWcTqh_zKET0XRWZsj68CcURHIsAxwE

And if you haven't seen Gav's presentation in London, it explain a lot of where we're going next:
https://www.youtube.com/watch?v=GJGIeSCgskc
Slides: www.slideshare.net/ethereum/the-ethereum-experience

Apart from that, it's all hands on deck for v1 release in Q4 2014. As for the Ether sale (a common question), we still haven't announced anything and won't do so until it's ready.

Cheers!

Thanks for the update.

[blackhatzw]

When does IPO or pre-sale start? Is there a timeline?

[whale123]

I guess this coin (Voot) was quicker when it comes to some features:
https://bitcointalk.org/index.php?topic=639371.1380

[Momimaus]

When does IPO or pre-sale start? Is there a timeline?

Maybe never. Goldman Sachs will keep it for itself.

[Ursium]

When does IPO or pre-sale start? Is there a timeline?

Hello blackhatzw - we haven't announced the date of the presale yet.
The mainnet is due to go live Q4 of this year.

[newIndia]

When does IPO or pre-sale start? Is there a timeline?

Hello blackhatzw - we haven't announced the date of the presale yet.
The mainnet is due to go live Q4 of this year.

So, ethereum is not coming to public before Jan 2015 ? Would it be CPU minable ? Is there any other way to support the project beforehand that may entitle to ether before its' public release ?

[tobeaj2meraa]

I have followed this project for a very long time.

[soulrain]

Haven't been keeping track of Ethereum for a while how has the progress been going in this system
Lot of technologies moving this year gets tricky keeping track of it all

Code is progressing very nicely - POC5 reference clients (on devel branches from github.com/ethereum) have graphic interfaces now baked in (HTML+CSS) which ultimately will be decentralized, too.

Quite a few community projects are in the making:
http://forum.ethereum.org/categories/projects
https://www.youtube.com/playlist?list=PLJqWcTqh_zKET0XRWZsj68CcURHIsAxwE

And if you haven't seen Gav's presentation in London, it explain a lot of where we're going next:
https://www.youtube.com/watch?v=GJGIeSCgskc
Slides: www.slideshare.net/ethereum/the-ethereum-experience

Apart from that, it's all hands on deck for v1 release in Q4 2014. As for the Ether sale (a common question), we still haven't announced anything and won't do so until it's ready.

Cheers!

wow that London presentation is embarrassingly horrible... awesome sound too ;/

[dooglus]

https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-Serpent-programming-language-operations has a typo on it, making it look like this:



It looks like the wiki github repo has "Issues" disabled.

I don't see any way to make a "pull request" since I'm unable to clone the wiki.

What's the recommended way of submitting a fix?

It's just a missing backtick here:

* `msg(to, value, gas, datastart, datalen, outputstart, outputlen)` - sends a message [...]

[Ursium]

https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-Serpent-programming-language-operations has a typo on it, making it look like this:
It looks like the wiki github repo has "Issues" disabled.
I don't see any way to make a "pull request" since I'm unable to clone the wiki.
What's the recommended way of submitting a fix?
It's just a missing backtick here:
* `msg(to, value, gas, datastart, datalen, outputstart, outputlen)` - sends a message [...]

Fixed, thank you.

As for future fixes and revisions, github wikis can't be PR'ed, so the best way would be to contact me in any of our forums (forum.ethereum.org, reddit, this thread, etc).

Cheers!

[Shivalein]

Is there a already a date set when Goldman Sachs will release this coin?

[aLadyLove]

I have been running the test client and am looking forward to the launch

[dooglus]

https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-Serpent-programming-language-operations has a typo on it, making it look like this:
It looks like the wiki github repo has "Issues" disabled.
I don't see any way to make a "pull request" since I'm unable to clone the wiki.
What's the recommended way of submitting a fix?
It's just a missing backtick here:
* `msg(to, value, gas, datastart, datalen, outputstart, outputlen)` - sends a message [...]

Fixed, thank you.

As for future fixes and revisions, github wikis can't be PR'ed, so the best way would be to contact me in any of our forums (forum.ethereum.org, reddit, this thread, etc).

Cheers!

I'm having more serious problem now:

1) I checked out the cpp-ethereum repo and tried following the wiki page to built the serpent client:
  https://github.com/ethereum/cpp-ethereum/wiki/Serpent-LLL-only-build

It failed to mention that I needed to build Cryptopp 5.6.2 from source first, and so the instructions fail completely. I wonder if there's even a need for that whole page - it's out of date, and is just a subset of the instructions on the main build page.

2) Then, on:
   https://github.com/ethereum/cpp-ethereum/wiki/Building-on-Ubuntu
it says that building cryptopp from source is "NOT NEEDED IF YOU JUST WANT SERPENT/LLL TOOLS" - but that seems to be untrue.

I wonder if it's worth getting someone who knows what they're doing to take a look at all the build instruction pages and fixing them so they're right.

3) Next, I saw:

    If later, you change your mind and you want to build the full version with the GUI, use:
    cmake .. -DCMAKE_BUILD_TYPE=Release && make

I tried that after building the serpent/lll stuff only, and it didn't do anything. I have to delete and remake the build directory before it would build the full version.

4) And finally, once I had the full 'alethzero' thing built, I ran it, connected to a peer, and it reliably segfaults after downloading around 227 blocks. I'm now building a debug version so I can submit a more proper issue.

[dooglus]

So I read https://blog.ethereum.org/2014/06/30/advanced-contract-programming-example-schellingcoin/ and found what I think are a few issues with the contract script, but comments are disabled.

So there's a wiki that I can't edit and a blog I can't comment on.

It kind of looks like my feedback isn't wanted. What's the deal here?

In case feedback is accepted, I was wondering about this:

Code:

    N = contract.storage[1]
    o = array(N)
    i = 0
    j = 0
    while i < N:
        if contract.storage[VALUES + i]:
            o[j] = contract.storage[VALUES + i]
            o[j + 1] = i
            j += 2
        i += 1

j potentially goes up by 2 for each increment of i, and I goes up to N-1, so j could go up to 2N-2.

j is used to index array o, which only has N slots.

This looks like a potential array bounds overflow error.

Edit: I was also wondering about "low = call(contract.address, low, lsz, lsz)".  I've read https://github.com/ethereum/wiki/wiki/%5BEnglish%5D-Serpent-programming-language-operations but it has no mention of "call". What are the 3rd and 4th parameters for? Where is call() documented? I had assumed I was looking at Serpent code, but maybe this is something different.

[dooglus]

On https://github.com/ethereum/cpp-ethereum/wiki/Using-AlethZero

"You can also watch video instructions (YouTube: Joel's First Time Using the Ethereum AlethZero Client) for version v3.11" looks like a link, but isn't.

Maybe https://www.youtube.com/watch?v=vXGH6q43i_k should be the target.

[Ursium]

On https://github.com/ethereum/cpp-ethereum/wiki/Using-AlethZero

"You can also watch video instructions (YouTube: Joel's First Time Using the Ethereum AlethZero Client) for version v3.11" looks like a link, but isn't.

Maybe https://www.youtube.com/watch?v=vXGH6q43i_k should be the target.

Good point Dooglus, things are very much in a state of flux so tutorial content tends to go out of date very quickly (and I mean very quickly, a week or two at most). I'll update the link.

As for your other technical problems, please ask on http://forum.ethereum.org/ - we have various sections dedicated to help solve this type of issues.

Thank you!

[MasterOfCoin]

no one else is concerned with Ethereum not having a mining algorithm yet?