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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004319 times)
alyssa85
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February 20, 2018, 12:14:20 PM
 #17481

Researchers find 3,686 dangerously broken Ethereum contracts

https://www.finder.com.au/researchers-find-3686-dangerously-broken-ethereum-contracts

Quote
Researchers took an automated walk through almost a million live Ethereum contracts to search for vulnerabilities. They successfully identified and tracked down 3,686 errors, with ties to millions of dollars worth of Ethereum, suggesting that about 0.36% of all Ethereum contracts might be flawed.

The system they used to uncover these errors was also able to uncover the famous Parity bug which recently locked away about $160 million at-the-time-worth of Ether forever, in one of history's more expensive programming errors.

The researchers divided the flawed contracts into three rough categories and gave each one a vaguely poetic name.

    Prodigal contracts – A contract which can be robbed and manipulated to carelessly release Ether to another address, such as in the DAO attack.
    Suicidal contracts – A contract which can be killed by an outside attacker.
    Greedy contracts – A contract which can be manipulated to lock away the Ether held.

Systems will frequently depend on multiple contracts, so incidents will often involve more than one of these. For example, the Parity library contract was suicidal, while the its wallet contracts were greedy.

 
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AntiNoise
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February 20, 2018, 01:00:34 PM
 #17482

Hi,
maybe someone know a bit about this eth address :  "  0x69ea6b31ef305d6b99bb2d4c9d99456fa108b02a  "  ?

Thx in advance
Is that even important? I know it has big amount in that wallet, whoever owns that is really a rich person.
This kind of amount really inspired me, if someone can make it then I think it would also be possible for us to own this big amount of tokens and ETH.


I recived a small amount in 2017 from this account and I can´t remember what was the reason for this transaction.
dr.cheema
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February 20, 2018, 05:17:21 PM
 #17483

co-founder of Ethereum has warned cryptocurrencies are still a new and hyper-volatile asset which could hit almost zero at any time.

https://www.express.co.uk/finance/city/921131/ethereum-Vitalik-Buterin-cryptocurrency-bitcoin-Leonardo-Da-Vinci-s
Nowhere but up
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February 20, 2018, 06:26:59 PM
 #17484

Researchers find 3,686 dangerously broken Ethereum contracts

https://www.finder.com.au/researchers-find-3686-dangerously-broken-ethereum-contracts

Quote
Researchers took an automated walk through almost a million live Ethereum contracts to search for vulnerabilities. They successfully identified and tracked down 3,686 errors, with ties to millions of dollars worth of Ethereum, suggesting that about 0.36% of all Ethereum contracts might be flawed.

The system they used to uncover these errors was also able to uncover the famous Parity bug which recently locked away about $160 million at-the-time-worth of Ether forever, in one of history's more expensive programming errors.

The researchers divided the flawed contracts into three rough categories and gave each one a vaguely poetic name.

    Prodigal contracts – A contract which can be robbed and manipulated to carelessly release Ether to another address, such as in the DAO attack.
    Suicidal contracts – A contract which can be killed by an outside attacker.
    Greedy contracts – A contract which can be manipulated to lock away the Ether held.

Systems will frequently depend on multiple contracts, so incidents will often involve more than one of these. For example, the Parity library contract was suicidal, while the its wallet contracts were greedy.
[/quote/]

All bets are off if these are real security breaches this is a disaster is that why
 Vitalik just said eth can go to zero any time or I think he meant any crypto but why
is he saying that now because the security breaches are real and he messed up
Badly? Eth is behaving badly bitcoin has taken off I'm worried
2Pac
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February 20, 2018, 06:30:09 PM
 #17485

co-founder of Ethereum has warned cryptocurrencies are still a new and hyper-volatile asset which could hit almost zero at any time.

https://www.express.co.uk/finance/city/921131/ethereum-Vitalik-Buterin-cryptocurrency-bitcoin-Leonardo-Da-Vinci-s
This kinda news should be posted more frequently. Most of greedy people are getting into crypto currency investments and loosing money. Thanks to Vitalik for this kind publicity.
Freaks
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February 20, 2018, 06:38:33 PM
 #17486

We are back to real growth, the 14 day Ethereum Transaction History just broke out to the upside, just click
On the "Explorer" tab below Announcement to view for yourself, the more transactions the more valuable Ethereum is....we should be trading 980 minimum on this growth news...


When Bitcoin is in bullish mode than chart works anymore from my opinion Ethereum will keep moving downward during this rally but in term of fiat it will stay around that level. Maybe I'm wrong this time but I observe this so many times.
dr.cheema
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February 20, 2018, 07:44:16 PM
 #17487

co-founder of Ethereum has warned cryptocurrencies are still a new and hyper-volatile asset which could hit almost zero at any time.

https://www.express.co.uk/finance/city/921131/ethereum-Vitalik-Buterin-cryptocurrency-bitcoin-Leonardo-Da-Vinci-s
This kinda news should be posted more frequently. Most of greedy people are getting into crypto currency investments and loosing money. Thanks to Vitalik for this kind publicity.
Greedy people don't have any experience about cryptocurrency and then they invested in crypto on flop projects and lose money.

crypto regulation will be beneficial. hope so people will be invest on best project like ethereum, envion and H2O etc.
Killerpotleaf
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February 20, 2018, 08:07:13 PM
 #17488

We are back to real growth, the 14 day Ethereum Transaction History just broke out to the upside, just click
On the "Explorer" tab below Announcement to view for yourself, the more transactions the more valuable Ethereum is....we should be trading 980 minimum on this growth news...


When Bitcoin is in bullish mode than chart works anymore from my opinion Ethereum will keep moving downward during this rally but in term of fiat it will stay around that level. Maybe I'm wrong this time but I observe this so many times.
We just need to sit and wait. You can see the graphs of tokens over the past year. They all tend to grow. And etherium has a huge growth potential.

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raskill
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February 20, 2018, 10:12:07 PM
 #17489

Its like a dog that wont stop chasing cars, only here it's a fiat.
rz20
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February 21, 2018, 04:58:54 AM
 #17490

Researchers find 3,686 dangerously broken Ethereum contracts

https://www.finder.com.au/researchers-find-3686-dangerously-broken-ethereum-contracts

Quote
Researchers took an automated walk through almost a million live Ethereum contracts to search for vulnerabilities. They successfully identified and tracked down 3,686 errors, with ties to millions of dollars worth of Ethereum, suggesting that about 0.36% of all Ethereum contracts might be flawed.

The system they used to uncover these errors was also able to uncover the famous Parity bug which recently locked away about $160 million at-the-time-worth of Ether forever, in one of history's more expensive programming errors.

The researchers divided the flawed contracts into three rough categories and gave each one a vaguely poetic name.

    Prodigal contracts – A contract which can be robbed and manipulated to carelessly release Ether to another address, such as in the DAO attack.
    Suicidal contracts – A contract which can be killed by an outside attacker.
    Greedy contracts – A contract which can be manipulated to lock away the Ether held.

Systems will frequently depend on multiple contracts, so incidents will often involve more than one of these. For example, the Parity library contract was suicidal, while the its wallet contracts were greedy.

Oh damn, this is the first time I am reading this article and I have to say it's a bit scary. I hope they fix the issue before any hack
zidane
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February 21, 2018, 06:08:36 AM
 #17491

Researchers find 3,686 dangerously broken Ethereum contracts

https://www.finder.com.au/researchers-find-3686-dangerously-broken-ethereum-contracts

Quote
Researchers took an automated walk through almost a million live Ethereum contracts to search for vulnerabilities. They successfully identified and tracked down 3,686 errors, with ties to millions of dollars worth of Ethereum, suggesting that about 0.36% of all Ethereum contracts might be flawed.

The system they used to uncover these errors was also able to uncover the famous Parity bug which recently locked away about $160 million at-the-time-worth of Ether forever, in one of history's more expensive programming errors.

The researchers divided the flawed contracts into three rough categories and gave each one a vaguely poetic name.

    Prodigal contracts – A contract which can be robbed and manipulated to carelessly release Ether to another address, such as in the DAO attack.
    Suicidal contracts – A contract which can be killed by an outside attacker.
    Greedy contracts – A contract which can be manipulated to lock away the Ether held.

Systems will frequently depend on multiple contracts, so incidents will often involve more than one of these. For example, the Parity library contract was suicidal, while the its wallet contracts were greedy.

Oh damn, this is the first time I am reading this article and I have to say it's a bit scary. I hope they fix the issue before any hack

Those issues are old and were used in the past for hacks. Look for example the Dao...

Nothing new
mybtcasset
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February 21, 2018, 06:12:20 AM
 #17492

co-founder of Ethereum has warned cryptocurrencies are still a new and hyper-volatile asset which could hit almost zero at any time.

https://www.express.co.uk/finance/city/921131/ethereum-Vitalik-Buterin-cryptocurrency-bitcoin-Leonardo-Da-Vinci-s
This kinda news should be posted more frequently. Most of greedy people are getting into crypto currency investments and loosing money. Thanks to Vitalik for this kind publicity.

Some people didn't understand what Vitalik is mentioned because they are thinking it is very risky to invest in BTC, ETH etc. As new investor to the community, he will feel the same thing because we always invest tradition based coin which will good returns in long term.
Nightz
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February 21, 2018, 12:46:14 PM
 #17493

Guys, there are quite a lot smart contract platforms on the market at the moment and new ones are coming. Do you think Ethereum will retain leadership among such a platforms forever? For me, it might be more profitable to invest in lower market cap platforms (Lisk, Qtum EOS, ..) ?

You're making the assumption those lower market cap platforms will see the same kind of attention Ethereum has, and increase in adoption/usage/value at a greater rate than Ethereum (otherwise, it would be by definition, less profitable)....it's a bold assumption Smiley

And do those platforms have a leader with an IQ of 257 like Vitalik Buterin when Albert Einstein and Bill Gates both had an identical IQs of 160? The saying goes whatever the other platforms can do we can do better, why bet on less intelligence?

Stephen Hawking (IQ score of 160).
Marilyn Vos Savant (IQ score of 228) ...
Christopher Hirata (IQ score of 225) ...
Kim Ung-Yong (IQ score of 210) ...
Edith Stern (IQ score of more than 200) ...
Christopher Michael Langan (IQ score between 190 and 210) ...
Garry Kasparov (IQ score of 194) ...
Philip Emeagwali (IQ score of 190)
Vitalik Buterin (IQ score of 257)

Do you see my point?
Get real, 257 my eye. He would be listed in guiness if he was even close to that. I bet I can beat him at chess

The real issue here is that IQ isn't a very good metric for intellectual capacity. It's just a widely known one :/


$ETC : Welcome to the Beginning >_> the ETC/ETH flippening!!  Cool  weeee

https://www.cryptopia.co.nz/Exchange/?market=ETC_BTC

ETC is literally going nowhere Ethereum hasn't already been. Why do you always seem to shill the worst coins gembitz? I feel bad for your portfolio Cheesy

ethereum(ETC) is growing!! why not let ^OP explain some things?  Roll Eyes  hmmm
yes etc price is growing nad mybe it will grow more but ETH is also growing
in last 3 months eth value now more then double
i think if etc will grow then eth will grow more
it seems that eth will soon cross its all time high value

Still a bit away from its all time high and it might take some time before we see Ethereum hit it again or even pass it.
bitbit99
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February 21, 2018, 12:51:38 PM
 #17494

Hello community.

Can someone explain, why ICO on ETH is more popular than projects in NEO or BTC ?

Just a few pros and cons. I'm new in this crypto world and reading 891 is nuts.

Thanks
zidane
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February 21, 2018, 01:13:10 PM
 #17495

Hello community.

Can someone explain, why ICO on ETH is more popular than projects in NEO or BTC ?

Just a few pros and cons. I'm new in this crypto world and reading 891 is nuts.

Thanks

Because Icos on BTC cant be done by a Smartcontract on the BTC itself.
Neo is in my opinion not futured on that many exchanges, so its not that popular.

Erc20 Tokens are futured on near all exchanges because if ETH is supported ERC20 is also supported.

Also on Ethereum you can better implement custom codes.

ETH will and is the future of crypto, it has not only one function like Bitcoin ( Function of money) it has many functions.
This will revolution the complete online structure.
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February 21, 2018, 01:24:34 PM
 #17496

Ethereum is still one of my favorite crypto projects. Vitalik put the blockchain on a whole new level. I have no doubt that Ethereum can be the number one crypto within the next two years.

Ethereum is my favorite mainly because the transaction speed is super fast. And happy to say we are again slowly entering $1000 (current price $959)

"Super fast" is a very relative term I would say. It's still by far not fast enough to serve the demand that'll be created through blockchain platforms very soon. But we'll get there eventually!  Cool

I also think that it will become super fast one day in the future when they rolled out all their new solutions for scalability.
becoin
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February 21, 2018, 02:19:18 PM
 #17497

Can someone explain, why ICO on ETH is more popular than projects in NEO or BTC ?

The perfect match!
Most of the ICOs are scams. In contrast to NEO and BTC most of ETH investors are clueless greedy noobs.
'A fool and his money are soon parted'.
 
 
bitbit99
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February 21, 2018, 02:29:14 PM
 #17498

Can someone explain, why ICO on ETH is more popular than projects in NEO or BTC ?

The perfect match!
Most of the ICOs are scams. In contrast to NEO and BTC most of ETH investors are clueless greedy noobs.
'A fool and his money are soon parted'.
 
 

You mean that if the project is made on BTC AND NEO, then it more likely not scam, in comparison to ETH ?
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February 21, 2018, 02:40:52 PM
 #17499

Can someone explain, why ICO on ETH is more popular than projects in NEO or BTC ?

The perfect match!
Most of the ICOs are scams. In contrast to NEO and BTC most of ETH investors are clueless greedy noobs.
'A fool and his money are soon parted'.
 
 

You mean that if the project is made on BTC AND NEO, then it more likely not scam, in comparison to ETH ?

I mean if the scam is made on ETH, then it is more likely to succeed in parting fool and his money.
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February 21, 2018, 03:37:12 PM
 #17500

what the hell is going on on the market ?!! any idea why the crashing ?, i look but i can find any news tht can cause the price droping tht bad
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