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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004193 times)
Mystogan
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March 26, 2016, 05:17:08 AM
 #6601

Looks like I'm late to the party again. I should have bought this coins when it was cheap Sad
Bokelka
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March 26, 2016, 05:36:14 AM
 #6602

http://www.coinfox.info/news/5171-ethereum-founder-now-we-can-scale-the-system
 Shocked Ethereum founder: Now we can scale the system  Shocked
Founder of Ethereum Vitalik Buterin claims he has found the ultimate solution to the problem of scalability haunting cryptocurrency networks. That will be made possible with lightning networks and sharding.


If ETH pulls this off, the world of crypto will never be the same.

If that new? That idea has been around for many years? Bitcoin is going to use the lightning network.
almond
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March 26, 2016, 06:44:20 AM
 #6603

http://www.coinfox.info/news/5171-ethereum-founder-now-we-can-scale-the-system
 Shocked Ethereum founder: Now we can scale the system  Shocked
Founder of Ethereum Vitalik Buterin claims he has found the ultimate solution to the problem of scalability haunting cryptocurrency networks. That will be made possible with lightning networks and sharding.


If ETH pulls this off, the world of crypto will never be the same.

If that new? That idea has been around for many years? Bitcoin is going to use the lightning network.
that depends on how the miners in China feel about it.

Freedom of the press is guaranteed only to those who own one
templebar
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March 26, 2016, 06:49:22 AM
 #6604

http://www.coinfox.info/news/5171-ethereum-founder-now-we-can-scale-the-system
 Shocked Ethereum founder: Now we can scale the system  Shocked
Founder of Ethereum Vitalik Buterin claims he has found the ultimate solution to the problem of scalability haunting cryptocurrency networks. That will be made possible with lightning networks and sharding.


If ETH pulls this off, the world of crypto will never be the same.

If that new? That idea has been around for many years? Bitcoin is going to use the lightning network.
I am hoping the implementation of this idea succeeds.
noobhelper178
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March 26, 2016, 11:28:22 AM
 #6605

I hope the price goes up to 20$ soon! Eth is really good technology!
Washika
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March 26, 2016, 01:18:08 PM
 #6606

I hope the price goes up to 20$ soon! Eth is really good technology!

If it goes up to $20 in the next few months, I will sell most of my Ethereum. If it goes to $20 in a year, I will keep most of mine.
Seast
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March 26, 2016, 01:20:54 PM
 #6607

it was 1500 min, when i first heard.
it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over....
we got 1200batches set aside for myself and a few friends.
in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.

why not just open up another wallet and start staking anew?

You can transfer some to other wallet and start PoS again. I think the restriction will not work as intended.
MaGNeT
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March 26, 2016, 01:41:41 PM
 #6608

it was 1500 min, when i first heard.
it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over....
we got 1200batches set aside for myself and a few friends.
in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.

why not just open up another wallet and start staking anew?

You can transfer some to other wallet and start PoS again. I think the restriction will not work as intended.

I was just thinking about that a few days ago.

How could they stop you from sending your ETH to PoloniEx, sell them, buy other ETH, send them back to the wallet and stake?
Or won't they stake? So if you buy "second hand" ETH, they may not stake? Lol... Just showing some scenarios...

I just don't see how you could prevent someone from moving his ETH around and start staking again?

Or do your ETH need to be in a wallet for a long period of time before they can stake?

ImI
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March 26, 2016, 01:44:50 PM
 #6609

it was 1500 min, when i first heard.
it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over....
we got 1200batches set aside for myself and a few friends.
in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.

why not just open up another wallet and start staking anew?

You can transfer some to other wallet and start PoS again. I think the restriction will not work as intended.

I was just thinking about that a few days ago.

How could they stop you from sending your ETH to PoloniEx, sell them, buy other ETH, send them back to the wallet and stake?
Or won't they stake? So if you buy "second hand" ETH, they may not stake? Lol... Just showing some scenarios...

I just don't see how you could prevent someone from moving his ETH around and start staking again?

Or do your ETH need to be in a wallet for a long period of time before they can stake?



possible that the coins that staked get a timestamp that says when they will be allowed to stake again.
MaGNeT
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March 26, 2016, 01:48:09 PM
 #6610

it was 1500 min, when i first heard.
it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over....
we got 1200batches set aside for myself and a few friends.
in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.

why not just open up another wallet and start staking anew?

You can transfer some to other wallet and start PoS again. I think the restriction will not work as intended.

I was just thinking about that a few days ago.

How could they stop you from sending your ETH to PoloniEx, sell them, buy other ETH, send them back to the wallet and stake?
Or won't they stake? So if you buy "second hand" ETH, they may not stake? Lol... Just showing some scenarios...

I just don't see how you could prevent someone from moving his ETH around and start staking again?

Or do your ETH need to be in a wallet for a long period of time before they can stake?



possible that the coins that staked get a timestamp that says when they will be allowed to stake again.

Imagine they do, why would anyone buy ETH to hold for staking?

Because when you buy them, you don't know the timestamps of the ETH you buy and they would all be different.

Unless someone can explain it, I don't see how this could work.
hellar
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March 26, 2016, 02:06:24 PM
 #6611

Dont waste your time on eth and put it back into bitcoin before you lose it all.Eth will be worth less than its IPO price eventually
NanoPipe
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March 26, 2016, 02:28:06 PM
 #6612

Dont waste your time on eth and put it back into bitcoin before you lose it all.Eth will be worth less than its IPO price eventually

Why do you say that?
danandanderson
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March 26, 2016, 02:51:40 PM
 #6613

Dont waste your time on eth and put it back into bitcoin before you lose it all.Eth will be worth less than its IPO price eventually

Nice try buddy. Eth is allready bigger than btc, we are just waiting for price adjustment. Eth is superior in every aspect, price/market cap will follow soon.
notbatman
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March 26, 2016, 02:51:46 PM
 #6614

Dont waste your time on eth and put it back into bitcoin before you lose it all.Eth will be worth less than its IPO price eventually

...but Butters has promised punch and pie with a $10k floor!
Mrpumperitis
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March 26, 2016, 02:53:01 PM
 #6615

https://blog.ethereum.org/2016/03/05/serenity-poc2/  more details here

technical
Serenity PoC2
Posted by Vitalik Buterin on March 5th, 2016.
More precise validator induction rules – maximum 250 validators, minimum ether amount starts off at 1250 ETH and goes up hyperbolically with the formula min = 1250 * 250 / (250 - v) where v is the current active number of validators (ie. if there are 125 validators active, the minimum becomes 2500 ETH, if there are 225 validators active it becomes 12500 ETH, if there are 248 validators active it becomes 156250 ETH). When you are inducted, you can make bets and earn profits for up to 30 million seconds (~1 year), and after that point a special penalty of 100 parts per billion per block starts getting tacked on, making further validation unprofitable; this forces validator churn


Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
MaGNeT
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March 26, 2016, 03:11:19 PM
 #6616

https://blog.ethereum.org/2016/03/05/serenity-poc2/  more details here

technical
Serenity PoC2
Posted by Vitalik Buterin on March 5th, 2016.
More precise validator induction rules – maximum 250 validators, minimum ether amount starts off at 1250 ETH and goes up hyperbolically with the formula min = 1250 * 250 / (250 - v) where v is the current active number of validators (ie. if there are 125 validators active, the minimum becomes 2500 ETH, if there are 225 validators active it becomes 12500 ETH, if there are 248 validators active it becomes 156250 ETH). When you are inducted, you can make bets and earn profits for up to 30 million seconds (~1 year), and after that point a special penalty of 100 parts per billion per block starts getting tacked on, making further validation unprofitable; this forces validator churn



Now in English? Tongue
ImI
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March 26, 2016, 03:15:38 PM
 #6617

it was 1500 min, when i first heard.
it was changed to 1200 and validator churn was added, meaning you could only POS for 1yr with your 1200eth then someone else takes over....
we got 1200batches set aside for myself and a few friends.
in order to pos every yr we agreed to rotate our ETH stakes every yr giving us a share of the pos for at least 5years, as we think it will be as big as BTC mining currently is.

why not just open up another wallet and start staking anew?

You can transfer some to other wallet and start PoS again. I think the restriction will not work as intended.

I was just thinking about that a few days ago.

How could they stop you from sending your ETH to PoloniEx, sell them, buy other ETH, send them back to the wallet and stake?
Or won't they stake? So if you buy "second hand" ETH, they may not stake? Lol... Just showing some scenarios...

I just don't see how you could prevent someone from moving his ETH around and start staking again?

Or do your ETH need to be in a wallet for a long period of time before they can stake?



possible that the coins that staked get a timestamp that says when they will be allowed to stake again.

Imagine they do, why would anyone buy ETH to hold for staking?

Because when you buy them, you don't know the timestamps of the ETH you buy and they would all be different.

Unless someone can explain it, I don't see how this could work.

possible would be a exchange-system that gives you a ETH price + additional pricing based on the last staking-timestamp
thedreamer
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Go Big or Go Home.....


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March 26, 2016, 03:15:46 PM
 #6618

Dont waste your time on eth and put it back into bitcoin before you lose it all.Eth will be worth less than its IPO price eventually

Why do you say that?

Because he wants to buy back in at a much cheaper price. Probably missed the boat and is now butt-hurt..

Go Big or Go Home.
LordCoder
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March 26, 2016, 03:25:35 PM
 #6619

Love how I sold all my ETH for 0.002 BTC  Tongue
dovaboy
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March 26, 2016, 04:14:47 PM
 #6620

in the usual mining .conf or .bat files of coins we we're able to run 2 threads on 4GB cards, the dual-x 270x 4GB for example. Each thread usually needed 1.4GB or something close, so you could run 2 on the 4GB gpus. Is there an etherminer command i havent found that runs 2 threads per card not just -t 2 to have both 270x's mining in one instance. i tried -t 4 and i dont see a difference. Looked everywhere which should be a sign, but gotta ask before i give up on it.
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