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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004067 times)
bbc.reporter
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July 15, 2016, 06:24:36 AM
 #8921

https://blog.slock.it/hard-fork-specification-24b889e70703#.wkudn2ywh
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/



vladzamfir 9 points 4 hours ago
We're returning it to the purchaser, not the current token hold.
If during the creation period you paid 1.5 eth for 100 dao tokens with address 0xdeadda0, and have since transferred the 100 dao tokens to me at address 0xbeefda0, I would be able to claim 1 eth for the 100 dao tokens (by sending them from 0xbeefda0), and you would be able to claim 0.5 eth by sending a message from 0xdeadda0.
https://www.reddit.com/r/ethereum/comments/4sw9mj/hard_fork_specification_slockit_blog/d5cpmxa



https://www.reddit.com/r/ethereum/comments/4svman/neutral_stance_the_way_it_should_be/
https://github.com/ethereum/mist/pull/970

 Smiley





This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

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Seast
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July 15, 2016, 07:12:01 AM
 #8922


This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.
estenity
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July 15, 2016, 07:39:39 AM
 #8923


This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,
dumana
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July 15, 2016, 08:35:54 AM
 #8924


This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,

The DAO price has already risen. In poloniex, the DAO price is 0.96% of the Etheruem, not far away from 1%.
bbc.reporter
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July 15, 2016, 08:54:01 AM
 #8925


This is very confusing. What if someone decided to invest in the DAO by purchasing them in Poloniex? They will not be entitled to ETH after the hard fork?

If you purchase the DAO in Poloniex, after the hard fork, those DAO will be converted back to Ethereum.

valid also on Kraken ? this should induce a wave of buying,

Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again. But we'll see where it goes from here. This could be a trap.

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
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juicejoyce
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July 15, 2016, 08:56:35 AM
 #8926

believe in the ETH and DAO.

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becoin
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July 15, 2016, 09:24:47 AM
 #8927


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.
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July 15, 2016, 10:07:54 AM
 #8928


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable. What I do agree with is once the devide is crossed and the rabbit hole is entered, there is no turning back and the potential of more hard forks is there that business must be aware of. What is the truth today might not be tomorrow if the powers at be decide so for some reason, which has to be factored into a risk assessment.
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July 15, 2016, 10:19:32 AM
 #8929


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.
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July 15, 2016, 10:23:29 AM
 #8930

http://pros.palmbeachgroup.com/1605PBLEthereum/MPBLS704/?h=true

wow...

imagine if eth really really goes 3 digit...    Cheesy Cheesy Cheesy

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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July 15, 2016, 11:11:32 AM
 #8931


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.

Becoin little word of advice. This is a decentralized p2p network.  If you don't like the direction the majority goes start your own fork, coin etc.  buy some mining hw put your money where your mouth is and redirect the network if you can.  Otherwise suck it up. You look like the hacker or are good buddies with him. Just saying.  And in case you haven't noticed every time you fud up this thread price rises.  

Best Regards
d57heinz

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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July 15, 2016, 12:08:46 PM
 #8932


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.

Becoin little word of advice. This is a decentralized p2p network.  If you don't like the direction the majority goes start your own fork, coin etc.  buy some mining hw put your money where your mouth is and redirect the network if you can.  Otherwise suck it up. You look like the hacker or are good buddies with him. Just saying.  And in case you haven't noticed every time you fud up this thread price rises.  

Best Regards
d57heinz

What if some folks continue mining and using the original Ethereum? For whatever reasons. We'll have two coins under the same name.
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July 15, 2016, 12:36:40 PM
 #8933


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.

Becoin little word of advice. This is a decentralized p2p network.  If you don't like the direction the majority goes start your own fork, coin etc.  buy some mining hw put your money where your mouth is and redirect the network if you can.  Otherwise suck it up. You look like the hacker or are good buddies with him. Just saying.  And in case you haven't noticed every time you fud up this thread price rises.  

Best Regards
d57heinz

What if some folks continue mining and using the original Ethereum? For whatever reasons. We'll have two coins under the same name.


It wouldn't matter so much if two coins have the same name. If/when enough mining power supports one of the two forks then that side becomes the winner. Those who stayed on the wrong side of the fork, eg continue to use an old wallet/daemon and continue PoW on another branch would just be orphaned on the main chain. So, in effect, staying on the wrong side of the fork becomes a waste.
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July 15, 2016, 02:12:52 PM
 #8934


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.
becoin, some would disagree , majority voted to hf because someone violated spirit of the DAO. It was an act that was not in the best interest of a majority of DAO holders. Therefore they wont let it stand. Again, "hacker" knows more about workings of DAO than most people ( at most 500 people worldwide could've accomplished DAO hack...probably less) He/she/they knew they would never be able to use those DAO tokens and therefore simultaneously opened massive short positions of bitfinex. That's where profit was made
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July 15, 2016, 02:30:22 PM
 #8935


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.

Becoin little word of advice. This is a decentralized p2p network.  If you don't like the direction the majority goes start your own fork, coin etc.  buy some mining hw put your money where your mouth is and redirect the network if you can.  Otherwise suck it up. You look like the hacker or are good buddies with him. Just saying.  And in case you haven't noticed every time you fud up this thread price rises.  

Best Regards
d57heinz

What if some folks continue mining and using the original Ethereum? For whatever reasons. We'll have two coins under the same name.


It wouldn't matter so much if two coins have the same name. If/when enough mining power supports one of the two forks then that side becomes the winner. Those who stayed on the wrong side of the fork, eg continue to use an old wallet/daemon and continue PoW on another branch would just be orphaned on the main chain. So, in effect, staying on the wrong side of the fork becomes a waste.

There will be no main chain after the hard fork. There will be two Ethereums. Everyone is free to follow either one. It's a matter of taste, etc.
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July 15, 2016, 03:07:32 PM
 #8936


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?

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July 15, 2016, 03:25:14 PM
 #8937


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?
maybe yes maybe no....
i think bitfinex has been implementing aml/kyc to satisfy US banking laws (as they have already been assessed a pretty heavy fine). I not so sure what kind of documentation one has to provide if from another country other than US. Also, again, DAO attacker has a fairly robust skill set. I would imagine he/she/they set their account up utilizing whatever means necessary to hide identity. The short supposedly made a million dollars...setting up a fake identity for sure costs a lot less ..lol
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July 15, 2016, 04:20:21 PM
 #8938


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?

lol no none has reported it
they say "the code" is  the judge the law and the executor,
no investigation was done
 
big money was lost becose of lausy code .
what i know are most of the "solvers" invested means they are among them who might lose if there is no HF



welcome brave new world order

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July 15, 2016, 05:21:25 PM
 #8939


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?

lol no none has reported it
they say "the code" is  the judge the law and the executor,
no investigation was done
 
big money was lost becose of lausy code .
what i know are most of the "solvers" invested means they are among them who might lose if there is no HF



welcome brave new world order
maybe no one reported to authorities....not sure if it has to be reported for some agency to investigate...heck its all over news. And being that's bitfinex is operating lawfully, for sure bitfinex is in the process of trying to finding out who did it ( they have a host of other reasons to find out too)
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July 15, 2016, 05:52:15 PM
 #8940


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?
maybe yes maybe no....
i think bitfinex has been implementing aml/kyc to satisfy US banking laws (as they have already been assessed a pretty heavy fine). I not so sure what kind of documentation one has to provide if from another country other than US. Also, again, DAO attacker has a fairly robust skill set. I would imagine he/she/they set their account up utilizing whatever means necessary to hide identity. The short supposedly made a million dollars...setting up a fake identity for sure costs a lot less ..lol
do you know if there is a legal problem for exchanges ? after the fork ?

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