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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1830998 times)
yeyicheng888
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April 05, 2018, 01:54:21 PM
 #18361

Ethereum needs to make some changes, otherwise it will really be surpassed by EOS.

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April 05, 2018, 03:23:26 PM
 #18362

Vitalik Buterin speeched in Deconomy 2018 Korea.

https://www.youtube.com/watch?v=7WL9hr445uo


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Spaniarder
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April 05, 2018, 03:55:00 PM
 #18363

Ethereum needs to make some changes, otherwise it will really be surpassed by EOS.

why EOS? They say Cardano is the major rival of both Ethereum and EOS. What do you think who will win the race?
thevictimofuktyranny
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April 05, 2018, 04:53:49 PM
 #18364

ETH Asic Miner Released, Decentralized Mining in Jeopardy, Bitmain Likely Been Mining and Selling ETH for Months



https://twitter.com/BITMAINtech/status/981169456411021312?s=19

Ethereum is supposed to be ASIC resistant, or at least ASICs shouldn't be able to mine ETH better than normal hardware. Bitmain is putting an ETH ASIC miner out anyway.
https://coincodex.com/article/1473/bitmain-introduces-ethereum-asic-miner-how-will-the-ethereum-community-respond/

 I saw this also. It really makes me wonder what has been going on that we are unaware of. If they were mining with these for months it could very well be responsible for some of the huge value lost in that time. I hope that more info will be available soon about this.

Well,

From what I understand the ASIC manufacturers have made huge orders for ASIC chips for Bitcoin mining (Sha).
Made a huge order for ASICs for Cryptonight mining.
And, made huge orders for ASICs for Ethereum mining.

This equates to a huge dump of Bitcoins/Cryptonight Coins/Dagger Coins by ASIC manufacturers to pay for these orders, which appears to have triggered a wider sell down of crypto-currencies.

Unlike Decred or Sia algorithms, where ASIC manufacturer had permission to produce this hardware prior to advertising the sale of this equipment, it appears this is a hostile or aggressive launch of mining hardware.

The Monero developer is forking their algorithm tomorrow to remove the Cryptonight ASICs. Sumokoin developers are following Monero soon.

It appears, that no prior permission has been sought for ASIC mining equipment to be launched from the Ethereum Foundation. Certainly, there has been no official announcement by Ethereum Foundation of the acceptance of ASIC mining equipment for the network. It has not been brought up on Youtube Livestream of Core Developers Meetings.

Therefore, it is very likely Ethereum will fork the algorithm to remove these ASICs from the Ethereum Network.

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April 05, 2018, 05:02:12 PM
 #18365

Your bank will not allow you to buy bitcoin & ethereum anymore
http://www.ecoti.in/woGXiY

Another news which will make crypto market down for few days 😊

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bgibso01
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April 05, 2018, 07:17:29 PM
 #18366

ETH much more stable and it also only appear very reasonable whenever paired towards ERC-20 tokens.
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April 05, 2018, 07:53:05 PM
 #18367

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
YoungBoss18
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April 05, 2018, 07:53:45 PM
 #18368

For now, I prefer Ethereum because many people prefer Ethereum and have blockchain applications and can invest in the long term, let alone Ethereum can transact quickly and have good potential in comparison with others
This cryptocurrency has a great potential. I am sure that the Ethereum will necessarily grow in price.

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April 05, 2018, 08:19:53 PM
 #18369

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
In any case, the Etherium should not go down. The future of the Etherium is still in front. I assume that the price for 1 ETH will cost up to $ 2000 until 2019.
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April 05, 2018, 09:04:12 PM
 #18370

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.



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thevictimofuktyranny
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April 05, 2018, 10:56:05 PM
 #18371

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.

Nobody is going to catch up with Ethereum - the network has the majority of programmers and coders either directly on the network via the Ethereum Foundation and related project partners or indirectly on the network through ICOs launched over the past few years.

That is to say: it simply has more programmers and coders than everyone else.

Currently, the Ethereum Foundation has to re-establish its authority and governance credentials in the crypto-currency marketplace by stamping out the unauthorized and hostile launch of ASIC mining hardware.

The one fact, all investors, and miners have known for the last 2-3 years is that the Ethereum Foundation is in charge!

Now that authority and governance is being openly challenged by ASIC manufacturers - who are more or less saying they are in charge of Ethereum through controlling the supply of mining hardware.

The Ethereum Foundation needs to re-prove its authority and governance, by pushing the ASICs manufacturer off the network and re-proving to investors and miners they are in charge.

What the ASIC manufacturers have planned to take control of Ethereum, is to sell ASICs to miners for payments in Ethereum, then the ASIC manufacturers will dump this Ethereum and produce faster ASICs. They will rinse and repeat this until the Ethereum Foundation surrenders its authority and governance to the ASIC manufacturers in return for an end to the ASIC manufacturers dumping of Ethereum into the exchanges.

I, personally, would prefer the ongoing authority and governance of Ethereum Foundation over the network, then the authority and governance of ASIC manufacturers.

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April 06, 2018, 08:02:38 AM
 #18372

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.
Closer to the competition I guess is NEO, waves have their time but their tokens are not growing unlike what we with ETH tokens.
Eventually there will be more to come and the competition will get bigger but I would still bet on ETH to be on top.

 
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April 06, 2018, 08:09:50 AM
 #18373

At least in next couple of year Ethereum has no competitor which can challenge it's supremacy over ERC-20 tokens. There will be lot of competitors in future but if they are underdevelopment Ethereum is also being upgraded with enhanced features. Scaling issue is one of the basic which will be resolved as well in future. Ethereum is like engine for whole ERC-20 tokens which moves with its blocks. This is enough to understand the importance and role of Ethereum in whole economy.

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April 06, 2018, 09:11:34 AM
 #18374

At least in next couple of year Ethereum has no competitor which can challenge it's supremacy over ERC-20 tokens. There will be lot of competitors in future but if they are underdevelopment Ethereum is also being upgraded with enhanced features. Scaling issue is one of the basic which will be resolved as well in future. Ethereum is like engine for whole ERC-20 tokens which moves with its blocks. This is enough to understand the importance and role of Ethereum in whole economy.
Indeed, ETH has already been moving fast, ERC-20 tokens is the trend now for most project that runs their ICO.
What we are seeing now is a correction, price dump hard but nothing should be taken seriously because we are in crypto and volatility
is high and those who understands the project will hold.

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April 06, 2018, 10:40:11 AM
 #18375

At least in next couple of year Ethereum has no competitor which can challenge it's supremacy over ERC-20 tokens. There will be lot of competitors in future but if they are underdevelopment Ethereum is also being upgraded with enhanced features. Scaling issue is one of the basic which will be resolved as well in future. Ethereum is like engine for whole ERC-20 tokens which moves with its blocks. This is enough to understand the importance and role of Ethereum in whole economy.
Indeed, ETH has already been moving fast, ERC-20 tokens is the trend now for most project that runs their ICO.
What we are seeing now is a correction, price dump hard but nothing should be taken seriously because we are in crypto and volatility
is high and those who understands the project will hold.
yes at the current situation of the crypto market only holders will get benifits and sellers will regret
but what if prices will goes more down and then smart beings will start buyings
i made one decision and that is i am holding everything that i have but if the price will go down more then i will buy more and hold until prices will touch again ATH



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m3ndi3
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April 06, 2018, 01:24:15 PM
 #18376

ETH is the best now as well as perfectly fits here however there are countless projects upon eth system nowdays.
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April 06, 2018, 01:30:59 PM
 #18377

Ethereum needs to make some changes, otherwise it will really be surpassed by EOS.

By EOS? They say Cardano is the major rival of both Ethereum and EOS. What do you think who will win the race?

Too early to tell now especially that crypto is still in early stage where one single solid partnership can catapult itself at the top. But the of course Ethereum will stay as favorite. I am more keen on a possible Ethereum take over as the top crypto.
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April 06, 2018, 04:11:37 PM
 #18378

* PURA is updating the AURORA purse, the highest version of Crypto
* PURA may be on the 5th floor this month, plan 6 months
* Waiting time of 8 months
* Volume of underground investors ...... Crisis
* Pounds of the Pueblo eco-system, PURA eco-tourism system was paid for by PURA.
......... INTERNATIONAL GROUP BELOW

INVITE LINK TO THIS GROUP:
https://t.me/puraofficial
thevictimofuktyranny
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April 06, 2018, 05:20:53 PM
 #18379

Ethereum Core Devs Meeting #36

Vitalik says: "he does not want to do anything about ASICs"

And, "The community has put forward easy changes to remove ASICs from the network in a draft proposal". (EIP)

Though, it appears he has been misinformed about the nature of the ASICs because they clearly show a modified Raspberry PI or similar product on the unit for the OS.

This does tend to prove they are not computers. Vitalik appears to be under the impression that these ASICs are actual computers, therefore somebody has been misinforming Vitalik.

Therefore, it is fixed hardware ASIC chip, with large amounts of Ram (memory) needed to mine Ethereum. And, it very easy to remove from the network and the community already knows how to do this.

Example A:

Antminer L3+

Sold at $2100 per unit, when the price of Litecoin was high and this equipment had limited availability.

Sold at $1200 per unit, when the price of Litecoin had halved and this equipment was commonplace.

Sold at $800 per unit, when the price of Litecoin at 33% of its peak price and equipment is the oversupplied.

As a forecast - sold at $600 per unit, when the price of Litecoin is obliterated and equipment is abundantly wasteful.

Example B:

RX 580 8GB hard sealing on the price per unit $260

RX 580 4GB hard sealing on the price per unit of £220

RX 570 4GB hard sealing on the price per unit of $180

GTX 1070 8GB hard sealing on the price per unit of $400

GTX 1060 6GB hard sealing on the price per unit of $260

GTX 1060 3GB hard sealing on the price per unit of $199

Below this price point POW profitability, GPU miners will be priced out the market and stop buying mining hardware.

The principal economic difference between GPU POW mining and ASIC POW mining is the GPUs units have a hard sealing at which the unit will not be bought by POW miners that is above the costs of manufacturing. ASICs are cheap to make and have no other users and will drop down by 70-80% of their launch prices to keep being made and sold.

Therefore, you can see the current Ethereum ASIC being sold later this year $200 until a more powerful ASIC for Ethereum is produced. Every ETH collect will get dumped to fund more ASIC production.

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April 06, 2018, 05:42:04 PM
 #18380

ASICs and unlimited (uncapped so far) supply could lead to Ethereum's death. I understand this a working progress project aren't all of them like this?) but actions should be taken in order to avoid the slow death of this ecosystem.

You only live once, but if you do it right, once is enough
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