[ANN] Ethereum: Welcome to the Beginning

[roselee]

Barry shilbert and Peter toad...thanks for damaging crypto and BTC.

Why not blame Vitalik? He is the one that started this. He is the one that supported the DAO insecure code. If they were very careful none of this would have happened. Vitalik should look in the mirror and look at the man who is to blame.

Nah don't blame the people who wrote the code then decided (with the vote of a small percentage of the community) that the world supercomputer that can't be tampered with actually is just a time machine in disguise that can undo their mistakes with absolutely no impact on the blockchain or crypto in general. Blame these other guys that I'm sure have no issue with reversing time or undoing transactions since you know, bitcoin never had any issues hackers or missing money and all that. I'm sure they are secretly the ones behind all of this...

sarcasm?
i am just sitting here reading and i am thrilled with whats going on. game of clones lol ether !

[a fool and his money ...]

My perception of 1 year mETH:


-Launch with shady presale possibly selfbuy it in a huge way (loose moral highground AT LAUNCH)

-Don't adress a mountain of technical concerns

- Let an ex-shampoo-seller push a buggy SC and lie about security audits when confronted with concerns raised by experts

- Pump that crappy contract with god knows what money (possibly with developement fund) - don't inform investors about risks, just hype it to the moon /s (this happens after a hefty run up when consolidation was due)

- have the contract be hacked (what else did you expect?) , have the cap drop by 50% in minutes

- blame it on "the hacker", not your buggy code that was pumped with mis-allocated money. Also never go after the hacker because he's porbably an (ex)member of your own team; just hardfork instead! (HF not to fix underlying critical code issues but to just reverse a transaction, nothing else)

-push a dirty bailout-hardfork of which you say it had consensus when clearly it was contentious bailout-fork and even a blind man was able to see that! Ignore all warnings from experts again!

-subsequently split your community and fight against your own blockchain, have exchanges and users take collateral damage left and right. AND YOU WERE TOLD THIS WOULD HAPPEN BEFORE IT DID!

At no point in all this did ANYONE take ANY responisbility for ANYTHING! NONE! Not responsible! Nobody is responsible now for anything! lmao. A game of chickenshit.

Congratulations for being the scum of crypto.

This will be my last comment on this whole eth-topic as it's a waste of time and i'll have no more attention for kindergarden like this. Just here to say: i told you so!

Fucking loosers, incredible douchebag scumbag pumpers. What a shitshow, wow. Incredible how big a fuckup can be. But it's not over yet. We're expecting more fuckups yet to come because that's all they're good at: producing fuckups. And they are immune to expert advice! lol, so sad if it wasn't so comical at the same time.

Now you can call me a 'btc maximalist' for the altcoiner i am and talking sense. It's crooked scum, i say!

When do they man up and take responsibility and say "we failed here and there because of this and that and this is how we avoid it in the future"? Never! They'll just keep shifting blame away from themselves and that's it.

Dishonest from the A to the fucking Z

Just look at the mess and there are STILL people trying to hype this, right? smh

edit: and no, i don't hold any etc nor do i hold any other clones of it. Everything eth-related is a 'sell' to me

[zoza14]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

[dumana]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

[tylerderden]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

[redsn0w]

''Since Casper is not finished and it's not contained in the release version of Ethereum an hard-fork is required to implement this change. An hard-fork creates an incompatibility between the previous version and the latest, there is always the possibility to create a "split" that result in two blockchains, like Ethereum Classic, did on the 1920000th block, after the hard-fork to refund The DAO token holders took place.

In order to ensure such event doesn't take place (although it did already) and to give themselves a time-frame to finish Casper (making the community aware of the introduction of a hard fork within that time-frame), a Difficulty Time Bomb, is also known as Ice Age was implemented in Ethereum on the 2000th block. ''



https://www.cryptocompare.com/coins/guides/what-is-the-ethereum-ice-age/

[zoza14]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

So what is a point of paying then 10x more for ETH when we can buy 10x cheaper ETC and still have all of the features and a working product. I don't get it...

[becoin]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

So what is a point of paying then 10x more for ETH when we can buy 10x cheaper ETC and still have all of the features and a working product. I don't get it...

It was x10. Now is x6. And parity is not far away because more people see there is no point.

[noobtrader]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

So what is a point of paying then 10x more for ETH when we can buy 10x cheaper ETC and still have all of the features and a working product. I don't get it...

It was x10. Now is x6. And parity is not far away because more people see there is no point.

because it was a trap with a timebomb   https://bitcointalk.org/index.php?topic=1487014.0

[tempus]

I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

So what is a point of paying then 10x more for ETH when we can buy 10x cheaper ETC and still have all of the features and a working product. I don't get it...

It was x10. Now is x6. And parity is not far away because more people see there is no point.

because it was a trap with a timebomb   https://bitcointalk.org/index.php?topic=1487014.0

That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

[suchmoon]

That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.

[tempus]

That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.

Yes, right.

But, I believe to see a missed chance here.

Imagine it this way:

TheDAO is hacked --> a lot of trouble how it was.

The foundation needs some days to find a solution and they announce:

We need a hard fork anyway, because Casper won't be finished until the difficulty will increase sharp. So, why not do both. The Community won't vote if HF or not, because everybody understands that it needs one. But they'll vote if bail-out or not. But of course, they say yes. And the reason looks also much more technical than just like "bailing out buddies".

Than the HF:

- removing Time bomb (or delaying it)
- preventing replay attacks
- DAO-bail out.

The situation would be different now. Most likely ppl wouldn't see the HF differently and most likely nobody would touch ETC, because it would be really different - it would include the time-bomb. And without the replay attacks it's even more unlikely that exchanges would be forced to open markets for it.

Or do I miss something? Because if not - I believe that nobody would care about ETC and there wouldn't be an ideology-battle. 

[frostminer]

Barry shilbert and Peter toad...thanks for damaging crypto and BTC.

Why not blame Vitalik? He is the one that started this. He is the one that supported the DAO insecure code. If they were very careful none of this would have happened. Vitalik should look in the mirror and look at the man who is to blame.

He has stated he was opposing it.

You think the codergeek calls the shots?

Welcome to the real world.

[suchmoon]

That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.

Yes, right.

But, I believe to see a missed chance here.

Imagine it this way:

TheDAO is hacked --> a lot of trouble how it was.

The foundation needs some days to find a solution and they announce:

We need a hard fork anyway, because Casper won't be finished until the difficulty will increase sharp. So, why not do both. The Community won't vote if HF or not, because everybody understands that it needs one. But they'll vote if bail-out or not. But of course, they say yes. And the reason looks also much more technical than just like "bailing out buddies".

Than the HF:

- removing Time bomb (or delaying it)
- preventing replay attacks
- DAO-bail out.

The situation would be different now. Most likely ppl wouldn't see the HF differently and most likely nobody would touch ETC, because it would be really different - it would include the time-bomb. And without the replay attacks it's even more unlikely that exchanges would be forced to open markets for it.

Or do I miss something? Because if not - I believe that nobody would care about ETC and there wouldn't be an ideology-battle. 

I don't think that would have changed much, if anything. The ETC message is quite clear, and it's not "no forks", it's "fork for a good reason and a bailout isn't one". A fork to remove the diff bomb would be a very good reason and even die-hard idealists wouldn't be suicidal.

I also don't think that replay had anything to do with Poloniex listing the coin. Poloniex already was the largest ETH exchange so obviously they had a shitload of ETC. If they just allowed to withdraw it they would have missed out on trading fees.

[Mrpumperitis]

Woa...BTC just broke $600 ....time to get back into ETH or fiat.

[bitpop]

Wow eth dropping off a cliff, better get into btc and etc

[insidertradingeverywhere]

Really great canibalism-freakshow. Bravo! Very inovative! I can clearly see this being massadopted by tomorrow morning.

Very "surgical, clean and successful" hardfork, dipshits.

[bitpop]

22 million etc, 95,000 btc volume! I think that's a record

[FruitBucket]

22 million etc, 95,000 btc volume! I think that's a record

Is that volume inflated? There are only 82 million ETC in total, and 25% traded within 24 hours. That is normal.

[balu2]