[ANN] Ethereum: Welcome to the Beginning

[Joint Force]

I tweeted out an interesting thought today.

If the $ETH blockchain forks, it would make $SHF the oldest running unmodified ethereum project based blockchain.
https://twitter.com/jessecouch/status/748060113391460352

Would people prefer $SHF over $ETH if $ETH hard forks or is $SHF too small and dumb to be real competition to $ETH?

[Wilhelmer]

Bittrex added ETH markets  

https://bittrex.com/Market/Index?MarketName=ETH-DGD
https://bittrex.com/Market/Index?MarketName=ETH-DAO

Soon Plutus, Auger and many more will be added over the years...

ETH IS JUST GETTING STARTED

That explains why DGD went down as well. Honestly anything that has a pairing to ETH now just goes down. I rather an exchange don't do that.

[Mrpumperitis]

Bittrex added ETH markets  

https://bittrex.com/Market/Index?MarketName=ETH-DGD
https://bittrex.com/Market/Index?MarketName=ETH-DAO

Soon Plutus, Auger and many more will be added over the years...

ETH IS JUST GETTING STARTED

That explains why DGD went down as well. Honestly anything that has a pairing to ETH now just goes down. I rather an exchange don't do that.

that makes no sense, bittrex eth/dgd has 0 volume

[AlgoSwan]

I tweeted out an interesting thought today.

If the $ETH blockchain forks, it would make $SHF the oldest running unmodified ethereum project based blockchain.
https://twitter.com/jessecouch/status/748060113391460352

Would people prefer $SHF over $ETH if $ETH hard forks or is $SHF too small and dumb to be real competition to $ETH?

The market will determine which is more valuable and therefore which gets to keep the Ethereum name.

[estenity]

Buterin: Article from 1 year ago pertinent to current Soft-Fork discussions (Basically, in future versions Of Ethereum address-blocking soft forks will be outright impossible)
https://blog.ethereum.org/2015/06/06/the-problem-of-censorship/?1

Is that means hard fork coming?

soft fork implemented and explained in a post of ethereum foundation
https://blog.ethereum.org/2016/06/24/dao-wars-youre-voice-soft-fork-dilemma/

Yes, but Buterin wrote 6 hours ago: Article from 1 year ago pertinent to current Soft-Fork discussions (Basically, in future versions Of Ethereum address-blocking soft forks will be outright impossible)
https://blog.ethereum.org/2015/06/06/the-problem-of-censorship/?1

Is that means hard fork coming?

i understand that the solution found is SF followed by HF without any rollback or transaction cancelled, allowing to reimburse everyone as described in this post :

https://blog.slock.it/what-the-fork-really-means-6fe573ac31dd#.9mqoi72q1

with only minor modifications of the clients,

but i am open to further explanations...

[roselee]

isnt this fork talking just wishful thinking ?
if some do not fork ? is ether splited ?

[AlgoSwan]

isnt this fork talking just wishful thinking ?
if some do not fork ? is ether splited ?

In order to do a hard fork without a network split, we need to upgrade every single node in the network. If only 51% of nodes upgrade, the network splits and there is no longer an "Ethereum", but two separate networks which cannot interact, each claiming to be the true "Ethereum".

[Quidat]

isnt this fork talking just wishful thinking ?
if some do not fork ? is ether splited ?

In order to do a hard fork without a network split, we need to upgrade every single node in the network. If only 51% of nodes upgrade, the network splits and there is no longer an "Ethereum", but two separate networks which cannot interact, each claiming to be the true "Ethereum".

It could happen, but the possibility is very low. At least 70% of the miners agree with the soft fork, they might agree with hard fork as well.

[roselee]

isnt this fork talking just wishful thinking ?
if some do not fork ? is ether splited ?

In order to do a hard fork without a network split, we need to upgrade every single node in the network. If only 51% of nodes upgrade, the network splits and there is no longer an "Ethereum", but two separate networks which cannot interact, each claiming to be the true "Ethereum".

bardon for my naive question but who is "we"?
the ether holders ? with a wallet ? the miners? the exchanges ?
and how high is the chance that "we" all agree?

[AlgoSwan]

isnt this fork talking just wishful thinking ?
if some do not fork ? is ether splited ?

In order to do a hard fork without a network split, we need to upgrade every single node in the network. If only 51% of nodes upgrade, the network splits and there is no longer an "Ethereum", but two separate networks which cannot interact, each claiming to be the true "Ethereum".

bardon for my naive question but who is "we"?

The whole Ethereum community!

[haendehochueberfall]

I think you've got a very high chance some haters and btc maximalists going to throw some decent hash on the "no" vote. "yes" could find out they are really on the weaker chain.
I don't think HF will go down without frictions. Leaving shorts open and popcorn at hand is my recommendation.

the correct way to look at it now:
https://medium.com/@WhalePanda/another-quick-dao-eth-update-2ac0e58ef1f0#.6iysrqtb1

The best you retards can do is just let it be and do nothing, like Charly Lee recommended to you progressive actionists.

[digi123]

A Hard Fork needs to be done or anything that stops the thief getting ether that has been stolen.
This is taking so long to fix that it is causing etherium and the developers a massive lose of faith

If the developers don't sort this out real fast all faith will be lost in etherium because such a large theft was aloud to occur when it could have been stopped.

Who wants to be a part of an ecosystem that rewards stealing and refuses to stop it when it can be stopped. Just the thought of a thief holding so much ether should send etherium to Zero. And this person should be brought to justice as soon as he can be identified for attempted theft.
Any kind of blockchain ideology will be meaningless with what is occurring.

[haendehochueberfall]

A Hard Fork needs to be done or anything that stops the thief getting ether that has been stolen.
This is taking so long to fix that it is causing etherium and the developers a massive lose of faith

If the developers don't sort this out real fast all faith will be lost in etherium because such a large theft was aloud to occur when it could have been stopped.

Who wants to be a part of an ecosystem that rewards stealing and refuses to stop it when it can be stopped. Just the thought of a thief holding so much ether should send etherium to Zero. And this person should be brought to justice as soon as he can be identified for attempted theft.
Any kind of blockchain ideology will be meaningless with what is occurring.

Did you realize that faith is lost when funds are recoverd and faith is lost when funds aren't recovered?

Bottom line: faith is lost

you're behind the curve here. Also "bringing the hacker to justice" could result in a court ruling to having to pay him out. Did you know? It's no certainty the hacker would be punished or rewarded in such a case.
Personally i don't think he will be punished. Wether he would be rewarded or not would have to be seen. Would certainly be an interesting thing to watch.

YOUR main problem seems to be that you entered into a contract (dao) without reading or understanding it. Don't make others responsible for that!

First you have to blame yourself and second the shills that misled you into 'investing' into a thing which you don't understand and that was fundamentally broken.
Also experts raised red flags about the dao before the hack. They were ignored. Now don't try to shift the blame 100% away from yourself.
Blame the people that told you to invest and that 'it was a sure thing without risk' for your loss instead of the hacker who showed them to be crooked liars.

[TrueAnon]

ETH is GOODNIGHT forever lol

[roselee]

A Hard Fork needs to be done or anything that stops the thief getting ether that has been stolen.
This is taking so long to fix that it is causing etherium and the developers a massive lose of faith

If the developers don't sort this out real fast all faith will be lost in etherium because such a large theft was aloud to occur when it could have been stopped.

Who wants to be a part of an ecosystem that rewards stealing and refuses to stop it when it can be stopped. Just the thought of a thief holding so much ether should send etherium to Zero. And this person should be brought to justice as soon as he can be identified for attempted theft.
Any kind of blockchain ideology will be meaningless with what is occurring.

you are mislead if you belive it can be stoped fast or with time
dont you see to stop it you need to destroy ether
and you would need the agreement of all ether holders to do it
they will never get that in a million years
the dao is done
the dao ether are gone
let go

[almond]

hard fork proposal from Gavin Wood:

https://github.com/ethcore/parity/pull/1483/commits/fd9d10a0957dd6548a62f3f8b0bb1a9a794c7187

[Benarand]

A Hard Fork needs to be done or anything that stops the thief getting ether that has been stolen.
This is taking so long to fix that it is causing etherium and the developers a massive lose of faith

If the developers don't sort this out real fast all faith will be lost in etherium because such a large theft was aloud to occur when it could have been stopped.

Who wants to be a part of an ecosystem that rewards stealing and refuses to stop it when it can be stopped. Just the thought of a thief holding so much ether should send etherium to Zero. And this person should be brought to justice as soon as he can be identified for attempted theft.
Any kind of blockchain ideology will be meaningless with what is occurring.

you are mislead if you belive it can be stoped fast or with time
dont you see to stop it you need to destroy ether
and you would need the agreement of all ether holders to do it
they will never get that in a million years
the dao is done
the dao ether are gone
let go

You just need 51% of the miners to agree with certain proposal so that the proposal will be implemented. Not the Ethereum owner.

[haendehochueberfall]

You just need 51% of the miners to agree with certain proposal so that the proposal will be implemented. Not the Ethereum owner.

"51%" lol

[AlgoSwan]

hard fork proposal from Gavin Wood:

https://github.com/ethcore/parity/pull/1483/commits/fd9d10a0957dd6548a62f3f8b0bb1a9a794c7187

There are two possible hard forks:

a) Blocking the attacker and no transaction rollback, the funds will be retrieved by the same strategy envisioned with the soft fork.

b) Outright transaction rollback, and automatic refund.

[notbatman]

I'll bet the attackers shorted ETH, can we roll that back?