[ANN] Ethereum: Welcome to the Beginning

[tylerderden]

This reminds me of XC crew following Danny boy to total losses. Oh well, tried to get them to consider some things that are pretty important in my own total smartass way but one thing I've learned, can't convince a bagholder.

[tylerderden]

In Reply:

tylerderden

I glad you are trying to control yourself.

Ethereum, before the hack was fluctuating in it's price between $7 to $18.

It's now around $10.5.

No real noticeable difference and 11% of that change is down to recent fall in the dollar price of Bitcoin.

Try to read a bit more, the hackers are not disappearing, they are still going to be around - they will still be trying to hack exchanges to get BTC.

They simply, will avoid stealing "The DAO" tokens and Ethereum on the exchanges, because Ethereum Foundation can do a soft fork too cancel the theft transaction.

So, hacking is still going to happen!  

Sure it is, always will. But to think that a rollback/fork is an option everytime it happens? Not gonna work out for eth man. They may get by this time, it's early in the game, but a regular occuring fork as a security measure? Come on man surely you don't think that's how it works..


  

[suchmoon]

Which Ethereum "sites" you're talking about?

Is that a serious question?

Yes. I'm not aware which Ethereum sites are protected from theft.

Also see my edit above and please explain why the additional 38k ETH loss was not bailed out.

Only the Ethereum Foundation can answer that question.

How come? It's not Ethereum Foundation, it's you making claims that "stealing Ethereum from sites is pointless". How is it that you can't answer a simple question?

You're saying hackers won't steal ETH from "sites" but it's not clear which "sites" are safe according to you. Let's say if hackers had stolen ETH from Bitfinex - are you claiming ETH would have forked to make bagholders whole?

The reason I'm asking is that you don't seem to understand how the DAO issue happened and how it is similar to or different from e.g. Bitfinex issue. Do you?

[thevictimofuktyranny]

In Reply:

tylerderden

A Super Hack, which leads to Network threatening losses for depositors funds happens around once every 2 years.

Therefore, such a fork would only need to be implemented once every 2 years.

In the long run: that is not a rate of occurrence that is going to worry anyone!

[tylerderden]

In Reply:

tylerderden

A Super Hack, which leads to Network threatening losses for depositors funds happens around once every 2 years.

Therefore, such a fork would only need to be implemented once every 2 years.

In the long run: that is not a rate of occurrence that is going to worry anyone!

Oh yeah totally shit yeah, I just got here yesterday buddy. Happens all the time hell. Fork away anything that isn't a profit for everyone hell yes. I mined pretty much every coin from doge until ethereum classic dude. Not one coin forks to bailout anybody ever especially once every 2 years for a "superhack" Vericoin tried it once, Vericoin was doing good. Vericoin is fucked still and that was like 2 years ago. You don't get any of this buddy, the way you think this works and the way the community as a whole actually works are 2 very different worlds.


Been awhile since I have come across an elite level bagholder in the making. Oh nostalgia

[suchmoon]

In Reply:

tylerderden

A Super Hack, which leads to Network threatening losses for depositors funds happens around once every 2 years.

Therefore, such a fork would only need to be implemented once every 2 years.

In the long run: that is not a rate of occurrence that is going to worry anyone!

Why did they fork the DAO then? It certainly wasn't threatening the network in any way. It was threatening the DAO bagholders. Sure the thief might have dumped the 3 million tokens... which could have pushed the price down, perhaps to the same level it is at now. Nothing to do with a threat to the network.

I'm happy to see you have worked out the frequency of hacks. Have you been in touch with the hackers to get them to adhere to your schedule?

[thevictimofuktyranny]

In Reply:

tylerderden

Unlike yourself,

I actively look for Alt Coins that have implemented Hard Forks e.g. like changing their algorithms.

It proves the development team is skillful!

And, not just a worthless clone Alt, who bought a wallet.qt from some coders and launched a new Alt without being able to innovate New Features.

[tylerderden]

In Reply:

tylerderden

Unlike yourself,

I actively look for Alt Coins that have implemented Hard Forks e.g. like changing their algorithms.

It proves development team is skillful!

And, not just a worthless clone Alt, who bought a wallet.qt from some coders and launched a new Alt without being able to innovate New Features.

Is that right? Which ones? I didn't realize I was dealing with an altcoins oracle, enlighten me on these skillful dev coins you speak of?

I know alot of the devs on here and can tell you pretty much who the dev is by looking at the wallet code within 5 minutes after I solo a huge portion of the coin supply...I'm just making sure I didn't miss anything that someone as skilled as yourself might know about?

[thevictimofuktyranny]

In Reply:

tylerderden

You have you investment strategy, I have my own one.

Do you own research - nobody gives tips out on Forums.

[tylerderden]

In Reply:

tylerderden

You have you investment strategy, I have my own one.

Do you own research - nobody gives tips out on Forums.

As expected, pages of people asking questions and you have no answers. Talking out your ass homey. It's cool we were all new once

[thevictimofuktyranny]

In Reply:

tylerderden

You have you investment strategy, I have my own one.

Do you own research - nobody gives tips out on Forums.

As expected, pages of people asking questions and you have no answers. Talking out your ass homey. It's cool we were all new once

No Research tylerderden

Laziness, why are you so lazy!

[tylerderden]

Oh yeah dude I'm so goddamn lazy lol! I've forgotten more than you will ever know in crypto guy. Really I have no interest in attempting a conversation with someone like yourself, you dodge questions and attempt to insult me (lol good luck with that brother) people like you are why the scene sucks these days. Grow a spine have some balls and quit talking shit you know absolutely nothing about. Lazy? Shiiit, you got a lot of reading to do from the looks of it. I just told this motherfucker last night at a music festival, dude if your gonna fukn lie...do your goddamn research lol! Oh the irony. I'm out good luck on those scheduled superhack rollback and skilled dev coins....that change algorithms LOL!!!!!!!!!

[tylerderden]

Where's the big uproar about your dev with 7 million to remedy the losses incurred due to sloppy programming errors? What about all that free etc? Just gonna keep it on top of the premine money? Haha hahaa yet you will violate the number one rule and fuck with the integrity of the blockchain to protect your money lol!!!! It's game over time. You have had several opportunities to do the right thing and done nothing but make yourselves rich...oh and try and 51% attack the people that see your bullshit for what it is. Good luck on all that Microsoft stuff after this, or getting anyone at all to trust you....in control of the blockchain hahahaa!!!!!  I know I know...just roll it all back, fucking brilliant.

[Etheres]

https://etheres.com

Just a reminder that our 0% fees promotion is still running till the end of October! We have found over 35 blocks so far, and over 200 payments have been sent.

So what are you all waiting for? Come and join us and mine some Ethereum!

[roselee]

PETITION CALLING FOR MEMBERS OF THE ETHEREUM FOUNDATION/TEAM AND OTHERS (WHITE HACKERS) TO RETURN ETC TO DAO HOLDERS ADDRESSES.

SEE POST BELOW & SIGN THE PETITION.


https://bitcointalk.org/index.php?topic=1576396.msg15827434#msg15827434

https://www.change.org/p/ethereum-foundation-members-of-ethereum-team-white-hats-to-return-etc-to-dao-holders

If they don't then they are black hats themselves.

+1

if you just +1 the mod delete you post

[cyberspacemonkey]

This is probably the wrong place to ask but did the DAO hacker took coins from ETC? or the forked ETH? and if so why would people continue to support a blockchain with vulnerabilities?

[bbc.reporter]

This is probably the wrong place to ask but did the DAO hacker took coins from ETC? or the forked ETH? and if so why would people continue to support a blockchain with vulnerabilities?

Ethereum itself, the original or the fork have no vulnerabilities. It was the DAO that had vulnerabilities. Even with the $100,000 cost of the security audit they still released insecure code that held $150,000,000. That shows their incompetence.

[Zaducis]

EthDev sold 129k ETC?
https://www.reddit.com/r/ethereum/comments/4wmg2n/ethdev_sold_129k_etc/?st=irlt45bt&sh=5d6f7756

[thevictimofuktyranny]

This is probably the wrong place to ask but did the DAO hacker took coins from ETC? or the forked ETH? and if so why would people continue to support a blockchain with vulnerabilities?

Ethereum itself, the original or the fork have no vulnerabilities. It was the DAO that had vulnerabilities. Even with the $100,000 cost of the security audit they still released insecure code that held $150,000,000. That shows their incompetence.

"The DAO" contacted the Ethereum Foundation to request fork to retain investors funds; 80% voted for the Fork (the fork being change).  

Therefore, the SUPER-HACK effect was cancelled out!

The 80% who voted for Fork, realised that spending $36 million buying the stolen ETH was stupid, when the Ethereum Foundation had simple solution!

Secondly, because the "The DAO" was the first major product built on the Ethereum Network, it safety is intrinsic to seeing more businesses built on the Ethereum Network.

Consequently, the SUPER-HACK represented a threat to Ethereum Network.

Hopefully, more business minded people will now invest funds building businesses on Ethereum Network.

Because, the Ethereum Foundation has shown major enterprises built using ETH, can be be saved from SUPER-HACKS.

And, yes the stolen coins in SUPER-HACK are now called ETC. A small group kept the obsolete blockchain going and called it ETC.

[tylerderden]

This is probably the wrong place to ask but did the DAO hacker took coins from ETC? or the forked ETH? and if so why would people continue to support a blockchain with vulnerabilities?

Ethereum itself, the original or the fork have no vulnerabilities. It was the DAO that had vulnerabilities. Even with the $100,000 cost of the security audit they still released insecure code that held $150,000,000. That shows their incompetence.

"The DAO" contacted the Ethereum Foundation to request fork to retain investors funds; 80% voted for the Fork (the fork being change).  

Therefore, the SUPER-HACK effect was cancelled out!

The 80% who voted for Fork, realised that spending $36 million buying the stolen ETH was stupid, when the Ethereum Foundation had simple solution!

Secondly, because the "The DAO" was the first major product built on the Ethereum Network, it safety is intrinsic to seeing more businesses built on the Ethereum Network.

Consequently, the SUPER-HACK represented a threat to Ethereum Network.

Hopefully, more business minded people will now invest funds building businesses on Ethereum Network.

Because, the Ethereum Foundation has shown major enterprises built using ETH, can be be saved from SUPER-HACKS.

And, yes the stolen coins in SUPER-HACK are now called ETC. A small group kept the obsolete blockchain going and called it ETC.

You funny man, the dao and the way it was handled does not build confidence from businesses at all. Just the opposite in fact. Eth was very promising in the beginning, the community was very patient and they had the majority of us supporting them. Things have changed, the only thing they have proven is that they think they own the blockchain, that and they are way bigger dicks than any of us thought.