[ANN] Ethereum: Welcome to the Beginning

[Auponef]

When Ethereum is going POS will that be the end of high value Ether?
No coin that`s POS has a high value or lost his value in the POS period.

If the Ethereum is converted to PoS, no many people will care about it. There will be no GPU miners to support it.

[cohnhead]

When Ethereum is going POS will that be the end of high value Ether?
No coin that`s POS has a high value or lost his value in the POS period.

I would agree...mostly.....I read that carried out to the enth degree overtime POS systems skew rewards to the largest holders....of course this was a paper written by a guy from a large btc mining equip mfg. and nothing is more skewed right now than bitcoin mining.
 
seems like delegated pos systems skew rewards even more so, as the largest holders (or most technically savy) usually become delegates and garner all the rewards from the onset.

as far a a pos coin that has increased in value during its pos period, I suggest you check out IOC. its just plain pos...anyone who can open a qt wallet can stake...ranked 66 on coincap with 1.1 million market cap and about to celebrate 2 year anniversary. always exception to the general rule

[Mrpumperitis]

https://www.reddit.com/r/ethereum/comments/4r1k19/a_pyethereum_revampinprogress_purification/
A pyethereum revamp-in-progress: "Purification", Consensus Abstraction, State Snapshots (ie. rapid sync time and an end to hard-fork technical debt) and more self.ethereum
submitted 13 hours ago * by vbuterin
https://github.com/ethereum/pyethereum/tree/state_revamp


EXCELLENT WORK  

+1
davyroyRedditor for 2 years with less than 100 comment karma. 43 points 11 hours ago
They are not just fixing the problem .... they are using this hard fork event as another "opportunity" to make Ethereum much better ...... which is consistent with how ETH developers deal with things in the past.

[cohnhead]

https://www.reddit.com/r/ethereum/comments/4r1k19/a_pyethereum_revampinprogress_purification/
A pyethereum revamp-in-progress: "Purification", Consensus Abstraction, State Snapshots (ie. rapid sync time and an end to hard-fork technical debt) and more self.ethereum
submitted 13 hours ago * by vbuterin
https://github.com/ethereum/pyethereum/tree/state_revamp


EXCELLENT WORK  

+1
davyroyRedditor for 2 years with less than 100 comment karma. 43 points 11 hours ago
They are not just fixing the problem .... they are using this hard fork event as another "opportunity" to make Ethereum much better ...... which is consistent with how ETH developers deal with things in the past.

I thinkin 2-3 years this will be viewed a minor bump in the road. right decision . no question . this will absolutely have a positive impact on the price

[d-trix]

https://www.reddit.com/r/ethereum/comments/4r1k19/a_pyethereum_revampinprogress_purification/
A pyethereum revamp-in-progress: "Purification", Consensus Abstraction, State Snapshots (ie. rapid sync time and an end to hard-fork technical debt) and more self.ethereum
submitted 13 hours ago * by vbuterin
https://github.com/ethereum/pyethereum/tree/state_revamp


EXCELLENT WORK  

+1
davyroyRedditor for 2 years with less than 100 comment karma. 43 points 11 hours ago
They are not just fixing the problem .... they are using this hard fork event as another "opportunity" to make Ethereum much better ...... which is consistent with how ETH developers deal with things in the past.

Looking good, the rebirth of Ethereum will definitely have a very good impact on its overall capabilities in the long run.

[Mrpumperitis]

They argue that contactless payment integration opens up a lot of opportunities for Bitcoin in the near future as well. In fact, companies such as Plutus have come up with a way to allow for Bitcoin transactions wherever NFC payments are accepted. This means Bitcoin users in New York should be able to use digital currency as a payment method for public transportation.
https://contactlessintelligence.com/2016/01/20/editorial-contactless-ticketing-for-public-transport-is-moving-on-in-2016/
Very nice 

[IncludeBeer]

https://blog.colony.io/why-a-post-hard-fork-ethereum-will-be-more-valuable-abc35bbf6e98#.totpdos4h

What a great article, I hope the etherium developers and etherium community take this onboard. And will serve to help those who are unsure about how things stand and possible outcomes. And the far greater scope not stopping a theft like this would incur. For those with some understanding having a simple etherium fork is such an easy, clear and absolutely has to be done known fact.

Ya, that was a great read, thanks for the share!  

[Mrpumperitis]

Reebok
In a new twist for the innovative retailer, the shoe will be equipped with an encrypted “smart tag” from San Francisco technology startup Chronicled. Each tag contains a tiny chip with a unique and unforgeable product “fingerprint”, stored on the Ethereum blockchain. The tags are tamper-proof and scannable with a smart phone, guaranteeing that no one can ever pass off a counterfeit version or falsely claim ownership of a stolen shoe.
http://sneakerbardetroit.com/major-reebok-phase-1-pro-usa-stars-and-stripes/


http://www.chronicled.com/index.html
Impressive, im used to seeing a cool new concept and waiting forever for it to come out.
Here we actually have the product, working and ready backed by a massive company ( first of many, Nike, Addidas, Puma, this industry is massssssive )..great job

http://sneakernews.com/2016/06/16/kanye-west-got-fathers-day-adidas-sneakers-mache-customs/      LOL Addidas too

[revelacaogr]

DAO Attack Nullified Using Synereo’s Smart Contracting Language


https://themerkle.com/dao-attack-nullified-using-synereos-smart-contracting-language/

[sxafir]

I have Ethereum-Wallet-win64-0-7-2 and always i open ,must be download block?

[Washika]

Reebok
In a new twist for the innovative retailer, the shoe will be equipped with an encrypted “smart tag” from San Francisco technology startup Chronicled. Each tag contains a tiny chip with a unique and unforgeable product “fingerprint”, stored on the Ethereum blockchain. The tags are tamper-proof and scannable with a smart phone, guaranteeing that no one can ever pass off a counterfeit version or falsely claim ownership of a stolen shoe.
http://sneakerbardetroit.com/major-reebok-phase-1-pro-usa-stars-and-stripes/


http://www.chronicled.com/index.html
Impressive, im used to seeing a cool new concept and waiting forever for it to come out.
Here we actually have the product, working and ready backed by a massive company ( first of many, Nike, Addidas, Puma, this industry is massssssive )..great job

http://sneakernews.com/2016/06/16/kanye-west-got-fathers-day-adidas-sneakers-mache-customs/      LOL Addidas too

That might convert some Reebok shoe users to be the users of the Ethereum. It depends on the survival of Ethereum.

[FruitBucket]

https://blog.colony.io/why-a-post-hard-fork-ethereum-will-be-more-valuable-abc35bbf6e98#.totpdos4h

What a great article, I hope the etherium developers and etherium community take this onboard. And will serve to help those who are unsure about how things stand and possible outcomes. And the far greater scope not stopping a theft like this would incur. For those with some understanding having a simple etherium fork is such an easy, clear and absolutely has to be done known fact.

Ya, that was a great read, thanks for the share!  

Let's not worry about the hard fork. We need a soft fork first.

Is there a plan to release the soft fork very soon?

[IncludeBeer]

https://blog.colony.io/why-a-post-hard-fork-ethereum-will-be-more-valuable-abc35bbf6e98#.totpdos4h

What a great article, I hope the etherium developers and etherium community take this onboard. And will serve to help those who are unsure about how things stand and possible outcomes. And the far greater scope not stopping a theft like this would incur. For those with some understanding having a simple etherium fork is such an easy, clear and absolutely has to be done known fact.

Ya, that was a great read, thanks for the share!  

Let's not worry about the hard fork. We need a soft fork first.

Is there a plan to release the soft fork very soon?

Err...the soft fork has been out for days now.  Nearly all of the major Eth pools have already switched to using the soft fork, while some give miners the choice (port a = soft fork, port b = original).  Still, soft fork isn't the best solution.  I'm anxiously awaiting a good, clean hard fork.

[Mrpumperitis]

https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/
The Current HF Status
submitted an hour ago by vbuterin


1) The implementation has been largely spec-frozen to the following python:

# call before running transactions
def initialize():
    if state.block_number == DAO_HARDFORK_BLKNUM:
        for acct in HARDFORK_DAO_LIST:
            state.set_balance(HARDFORK_DEST, state.get_balance(acct) + state.get_balance(HARDFORK_DEST))
            state.set_balance(acct, 0)

However, the dev community is debating the simplest way to minimize risks of issues related to light client syncing. The actual logic that allows DAO token holders to claim their ether would be implemented in HARDFORK_DEST.

2) The ether claiming logic is largely a simple withdrawable token contract, but small details are being debated regarding how to deal with secondary daos, legit splits, etc. Note that this can proceed in parallel to (1), there are no sequential dependencies. Simplicity of the ether claiming contract is understood to be a very important concern.

3) Note that the above should absolutely not be taken as an official endorsement of hardforking by either the foundation, or ethcore/slock/string, or the individual devs involved; some of the devs involved are pro-fork and some are anti-fork, the goal is to give the community a choice.

 

[cohnhead]

https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/
The Current HF Status
submitted an hour ago by vbuterin


1) The implementation has been largely spec-frozen to the following python:

# call before running transactions
def initialize():
    if state.block_number == DAO_HARDFORK_BLKNUM:
        for acct in HARDFORK_DAO_LIST:
            state.set_balance(HARDFORK_DEST, state.get_balance(acct) + state.get_balance(HARDFORK_DEST))
            state.set_balance(acct, 0)

However, the dev community is debating the simplest way to minimize risks of issues related to light client syncing. The actual logic that allows DAO token holders to claim their ether would be implemented in HARDFORK_DEST.

2) The ether claiming logic is largely a simple withdrawable token contract, but small details are being debated regarding how to deal with secondary daos, legit splits, etc. Note that this can proceed in parallel to (1), there are no sequential dependencies. Simplicity of the ether claiming contract is understood to be a very important concern.

3) Note that the above should absolutely not be taken as an official endorsement of hardforking by either the foundation, or ethcore/slock/string, or the individual devs involved; some of the devs involved are pro-fork and some are anti-fork, the goal is to give the community a choice.

 

thanks for all the great posts mrpumpitis. I cant believe there is still question on HF. seems like its a no brainer. Stealing shouldn't be rewarded even if done under guise of smart contract

[AlgoSwan]

Fireworks will begin soon! It will be a volatile month. I will be a massive buyer under 7.5, waiting 3 digits for small sells. Important points to consider:

10.50 1st support
9.25 2nd support
7.25 3rd big support

and

16.75 first resistance
21 second resistance
33.75 third big resistance

[templebar]

When do you guys think the uptrend will start?

[Bokelka]

https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/
The Current HF Status
submitted an hour ago by vbuterin


1) The implementation has been largely spec-frozen to the following python:

# call before running transactions
def initialize():
    if state.block_number == DAO_HARDFORK_BLKNUM:
        for acct in HARDFORK_DAO_LIST:
            state.set_balance(HARDFORK_DEST, state.get_balance(acct) + state.get_balance(HARDFORK_DEST))
            state.set_balance(acct, 0)

However, the dev community is debating the simplest way to minimize risks of issues related to light client syncing. The actual logic that allows DAO token holders to claim their ether would be implemented in HARDFORK_DEST.

2) The ether claiming logic is largely a simple withdrawable token contract, but small details are being debated regarding how to deal with secondary daos, legit splits, etc. Note that this can proceed in parallel to (1), there are no sequential dependencies. Simplicity of the ether claiming contract is understood to be a very important concern.

3) Note that the above should absolutely not be taken as an official endorsement of hardforking by either the foundation, or ethcore/slock/string, or the individual devs involved; some of the devs involved are pro-fork and some are anti-fork, the goal is to give the community a choice.

 

thanks for all the great posts mrpumpitis. I cant believe there is still question on HF. seems like its a no brainer. Stealing shouldn't be rewarded even if done under guise of smart contract

It is good that they are thinking about the hard fork. But is there any news about the soft fork yet?

[dancing altcoin shiva]

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FUNFjCoO.gif&t=566&c=aHiB09Nbd1hALQ

nice dump

[Gillette]

lol all those waiting for $10- ETH, lol keep waiting, if ETH goes anywhere near $10, before/after fork, spork,no fork ...it will be scooped up and never be sold so cheap ever again.

$9.80 per eth!

Now scoop up you shit premined coin to 20 usd idiot mrpumperits