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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1813653 times)
Vitalik Buterin
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July 14, 2014, 01:03:57 PM
 #1521

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

It's quite well under development now; a couple of hardware people we're talking to are saying good things about our general approach, and the main thing it's missing is a really rigorous professional review, which we'll obviously be able to much more easily attract post-sale. If we are not satisfied, we can always use SHA3 as a fallback.

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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July 14, 2014, 05:49:21 PM
 #1522

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

It's quite well under development now; a couple of hardware people we're talking to are saying good things about our general approach, and the main thing it's missing is a really rigorous professional review, which we'll obviously be able to much more easily attract post-sale. If we are not satisfied, we can always use SHA3 as a fallback.

thanks for it Smiley
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July 15, 2014, 12:27:12 AM
 #1523

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 Smiley

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!

Very cool stuff and thanks for that
I went away from this thread so just coming back now to see that list Smiley

I didn't see Gavins presentation so it really did come in useful thanks for sharing and keep up the good work on this project Smiley

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giveBTCpls
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July 15, 2014, 12:35:14 AM
 #1524

I have been trying to grasp the concept of Ethereum for a while but I still don't get it, specially when I have barely any free time. Is there any short, to the point 2 minutes video that would explain it to newbies just like there is a similar video for Bitcoin?

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July 15, 2014, 12:56:51 AM
 #1525

I have been trying to grasp the concept of Ethereum for a while but I still don't get it, specially when I have barely any free time. Is there any short, to the point 2 minutes video that would explain it to newbies just like there is a similar video for Bitcoin?

1 Min (No Sense)
https://www.youtube.com/watch?v=2phQbLp8vSE
https://www.youtube.com/watch?v=b0P9dSQJPPc
1- 3 Min (Some Sense)
https://www.youtube.com/watch?v=9Rm5KzhOXQQ
https://www.youtube.com/watch?v=Wv3gpfZ1IK4
https://www.youtube.com/watch?v=9Rm5KzhOXQQ

Hmm I'll look around here is one for now

5 min (Good Sense)
https://www.youtube.com/watch?v=urYau_Z4JX4

Think the 10 min video is the closest one I can find (Most Sense)
https://www.youtube.com/watch?v=q5FDvzj8YX4&feature=kp

From that I can say the 5 minute one is the best one for time balance but that's a survey of 1 someone might know a shorter more to the point video Smiley

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Ursium
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July 15, 2014, 09:29:39 AM
 #1526


From that I can say the 5 minute one is the best one for time balance but that's a survey of 1 someone might know a shorter more to the point video Smiley

You forgot that 10 minute one: https://www.youtube.com/watch?v=Clw-qf1sUZg Smiley

We have plans for a 3 minutes one, technically minded, which will be animated. No ETA yet though.

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
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July 15, 2014, 08:55:30 PM
 #1527

when will be held the IPO?

1b7150efc4abdc96f11a0b678d974541318a4a7973e0588d4849651551963a7d
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July 15, 2014, 09:59:08 PM
 #1528

when will be held the IPO?

Back just one page: https://bitcointalk.org/index.php?topic=428589.msg7810129#msg7810129

*soon*

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July 15, 2014, 11:15:17 PM
 #1529

will etherum be able to do anything that NXT can't do?

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JulioCesar
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July 16, 2014, 12:16:25 PM
 #1530



Thank you! I think that would be a great thing!

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msin
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July 16, 2014, 03:49:25 PM
 #1531

will etherum be able to do anything that NXT can't do?

Yes, it will be able to be regulated by US government. Smiley
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July 17, 2014, 12:48:06 AM
 #1532

will etherum be able to do anything that NXT can't do?

Yes, it will be able to be regulated by US government. Smiley

+1

how?

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allwelder
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July 17, 2014, 03:33:36 AM
 #1533

will etherum be able to do anything that NXT can't do?

Yes, it will be able to be regulated by US government. Smiley

+1

how?
the same question.

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yidian
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July 17, 2014, 02:13:28 PM
 #1534

will etherum be able to do anything that NXT can't do?

Yes, it will be able to be regulated by US government. Smiley

+1

how?
the same question.
The end!

NEM Coin 100% built from scratch
tobeaj2meraa
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July 18, 2014, 08:54:38 AM
 #1535

When is the pre-sale going to happen?

What's the purpose of running the client right now?

Hello bitcoincal,

The presale is going to come soon(tm).

The purpose of running the client at the moment is to try your hand at developing dapps in HTML, QML and javascript, or help with its development at http://github.com/ethereum.

Cheers!

How to join the IPO, is there any guide?
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July 18, 2014, 11:27:08 AM
 #1536

when will be held the IPO?


To paraphrase Joe Lubin's on our forums (https://forum.ethereum.org)

We are not conducting an IPO. We are not selling shares in anything. Ether (ETH), the product we are selling, has no voting or any other kind of rights and does not entitle anyone to dividends or any sort of future gains.

Ether is a necessary element -- a fuel -- for operating the computational platform we are building. Without the requirement of payment of ether for every computational step and storage operation of the system, we'd hit the halting problem (http://en.wikipedia.org/wiki/Halting_problem): infinite loops or excessive storage demands could bog down the system and effectively destroy it.

People can download the software platform and run it on their computers and it will do certain basic things like perhaps showing them a catalog of available apps. If they want more functionality, like running a DApp or uploading and testing DApps that they have written, they will have to feed fuel into the machine.

Under Swiss law, where Ethereum Switzerland GmbH is based, the product we are selling is classified as a software product. And we are conducting a pre-sale for this product since we are not yet able to manufacture it.

People who are interested in acquiring ether to build and distribute DApps, or to pay for their usage can do so in the pre-sale, for BTC. These sales will help us fund the continued construction of the software platform that requires ETH, tentatively due for release in Q4.

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
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July 18, 2014, 11:35:58 AM
 #1537

will etherum be able to do anything that NXT can't do?

I can't speak for NXT (or XCP, MSC etc), and we have good relationships with everyone in the field. Personally I see our future interactions as collaboration, not competition.

I think the vision we have for ethereum is unique, even 6 months after our original announcement. The core idea is to promote the development of dapps by making it very easy for people to leverage skills they already have: JS, HTML or QML for the frontend for example. The contract part also has a low barrier of entry, by using a VM and enabling several higher level languages (Currently GO-like, python-like and lisp-like).

As I was saying in previous post, I remember, being a developer myself, being quite frustrated it wasn't easier to build the cool dapps that have been envisaged in the last 18 months. I think making the build process near-trivial will accelerate innovation in the space quite dramatically. 

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
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July 18, 2014, 09:43:36 PM
 #1538

will etherum be able to do anything that NXT can't do?

I can't speak for NXT (or XCP, MSC etc), and we have good relationships with everyone in the field. Personally I see our future interactions as collaboration, not competition.

I think the vision we have for ethereum is unique, even 6 months after our original announcement. The core idea is to promote the development of dapps by making it very easy for people to leverage skills they already have: JS, HTML or QML for the frontend for example. The contract part also has a low barrier of entry, by using a VM and enabling several higher level languages (Currently GO-like, python-like and lisp-like).

As I was saying in previous post, I remember, being a developer myself, being quite frustrated it wasn't easier to build the cool dapps that have been envisaged in the last 18 months. I think making the build process near-trivial will accelerate innovation in the space quite dramatically. 

ok....I thnk nxt was putting a programing language interface as well...could be wrong though

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July 20, 2014, 07:46:47 PM
 #1539

what is the total number of Ethereum?
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July 20, 2014, 08:22:16 PM
 #1540

what is the total number of Ethereum?

I believe that the amount sold during the pre-sale will constitute 10% of the total number of ether (the coin/fuel of ethereum).  As such, the total number is dependent on a number that is not yet known.

At least that was my understanding when I was looking into ethereum several months ago.  Not sure if anything has changed.

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