[ANN] Ethereum: Welcome to the Beginning

[doktor1897]

is there any way to speed up the download blockhain for eth wallet ?

[thevictimofuktyranny]

Get a faster internet provider - products will be released in the future for people living in very slow internet areas, I would guess.

And, use Ubuntu 16.04LTS.

Assuming you got a fast internet provider (surfing 100mbs per second speed and 17mbs download speeds) on Ubuntu 16.04LTS: the entire blockchain can be downloaded in 40 minutes.

[Momimaus]

The blockchain is about 69.2GBs.

Get a faster internet provider - products will be released in the future for people living in very slow internet areas, I would guess.

And, use Ubuntu 16.04LTS.

Assuming you got a fast internet provider (surfing 100mbs per second speed and 17mbs download speeds) on Ubuntu 16.04LTS: the entire blockchain can be downloaded in 40 minutes.

The blockchain is 15GB

[thevictimofuktyranny]

The blockchain is about 69.2GBs.

Get a faster internet provider - products will be released in the future for people living in very slow internet areas, I would guess.

And, use Ubuntu 16.04LTS.

Assuming you got a fast internet provider (surfing 100mbs per second speed and 17mbs download speeds) on Ubuntu 16.04LTS: the entire blockchain can be downloaded in 40 minutes.

The blockchain is 15GB

My mistake, the article says it was 29GB on the 26th of July 2016  - I misread the original article  - the article was talking about people running dual blockchains for ETH and ETC needing over 60GB of storage space.

Here is the original article - for reference purposes.

http://cryptomining-blog.com/8162-ethereums-blockchain-data-getting-close-to-30gb/

However, the size of blockchain for storage actual depends on the client you are running.

For technical details look at this:

http://ethereum.stackexchange.com/questions/143/what-are-the-ethereum-disk-space-needs

And, whether you are storing the archive or the basic or fast or light versions of the blockchain.

[IncludeBeer]

Epic TED talk, with Ethereum callout

https://www.ted.com/talks/don_tapscott_how_the_blockchain_is_changing_money_and_business?utm_campaign=ios-share&utm_medium=social&source=email&utm_source=email

[oneyesoneno]

Epic TED talk, with Ethereum callout

https://www.ted.com/talks/don_tapscott_how_the_blockchain_is_changing_money_and_business?utm_campaign=ios-share&utm_medium=social&source=email&utm_source=email

how interesting 

[IncludeBeer]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller! 

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

[Quidat]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller! 

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

The difficulty is still rise very fast at the moment. It is rising 25% every months on average. So the miners think the PoW will continue.

[Sm00kew]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller! 

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

Difficulty bomb won't affect difficulty for at least 5 months.

[thevictimofuktyranny]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller!  

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

Difficulty bomb won't affect difficulty for at least 5 months.

Interesting.

From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH.

Someone could research and post figures on wallet-qt growth rate over the last 4 weeks!

[roselee]

lol taking over and roll back lol sound to me that it happened befor and its not a first lol what a joke

https://www.linkedin.com/pulse/krypton-recovers-from-new-type-51-network-attack-stephanie-kent

Krypton, an Ethereum based blockchain, recovered from a novel version of a 51% attack which appears to be the first of its kind.

[thevictimofuktyranny]

lol taking over and roll back lol sound to me that it happened befor and its not a first lol what a joke

https://www.linkedin.com/pulse/krypton-recovers-from-new-type-51-network-attack-stephanie-kent

Krypton, an Ethereum based blockchain, recovered from a novel version of a 51% attack which appears to be the first of its kind.

Why worry about something happening on tiny Alts, with very small amounts of hash power on their Networks?

[nezto77]

how to accelerate the eth blockhain to download ? because I have four days to walk Download blockhain , but still not full . is there another way to accelerate the download blockhain in eth window wallet ?

[thevictimofuktyranny]

how to accelerate the eth blockhain to download ? because I have four days to walk Download blockhain , but still not full . is there another way to accelerate the download blockhain in eth window wallet ?

Use, Ubuntu 16.04LTS.

Install it on old hard drive or sdd.

[nezto77]

how to accelerate the eth blockhain to download ? because I have four days to walk Download blockhain , but still not full . is there another way to accelerate the download blockhain in eth window wallet ?

Use, Ubuntu 16.04LTS.

Install it on USB 3.00 dongle or on old hard drive or sdd.

I used a  win7 bit 32. how can I get?

[thevictimofuktyranny]

how to accelerate the eth blockhain to download ? because I have four days to walk Download blockhain , but still not full . is there another way to accelerate the download blockhain in eth window wallet ?

Use, Ubuntu 16.04LTS.

Install it on USB 3.00 dongle or on old hard drive or sdd.

I used a  win7 bit 32. how can I get?

You can do a dual OS installation with Windows, but it is usually neater to have it on a separate installation on or hard drive or ssd.

Before, you proceed with an install, go to youtube and have a look at the options:

Dual OS: https://www.youtube.com/watch?v=JvBZBfY5Pfc

Hard Drive or SSD or Flash Drive

https://www.youtube.com/watch?v=ajYMQ69S4pg

Install on Flash Drive:

No youtube videos on this - I tried this 2 years ago though.

Download Ubuntu OS from their main site:

http://www.ubuntu.com/download/desktop

Before installing - do a "try install 1st" to make sure it is compatible with your PC's hardware.

Download latest Mist wallet for Linux here:

https://github.com/ethereum/mist/releases

Make sure to select the correct version for you PC - Intel or AMD Linux. Not forgetting whether it is 32bit or 64bit.

Extract and move to desktop and run Mist.

[roselee]

wow the hackers say : we did such a good job so we expect to be payed ? for reversing the hack and giving back what belongs to others ? and puting rules out there for the ones to come to late ?


https://www.reddit.com/r/ethereum/comments/4zp2e0/whitehat_withdrawal_contract_update_and_next_steps/

[–]DAOWhitehatGroupredditor for less than 1 month 4 Punkte vor 19 Stunden

Hey DaxClassix,

This is a valid question. It did cross our mind, but we decided against it because:

    We did not want to take the responsibility of actively sending out all those funds to so many different people. A refund contract, just like was done with the ETH chain after the HF seems like a more prudent choice.

    This option would burn a lot of money if people have lost their keys, lost interest in ethereum or otherwise fail to access their accounts. We do not want to burn money.

We understand your concern that it may seem as if we are betting on people not claiming the money and then us receiving the remaining.

This could not be further from the truth. As per the original post a part of the remaining money may be claimed by ourselves as an expense for all the work we have put into this but the biggest part may also be donations to community development. Too many moving factors to be able to decide it now. We can not know the price of ETC in 6 months, nor how much ETC would be left in the contract.

Now as to what community developments would receive a donation and how will that be distributed, we have over 6 months left giving us ample time to think about it and we would really appreciate all the commmunity feedback we can get on that topic.

lets give them feedback

keep your fingers off the property of others if they rightful owners want it to lay there for ever its not your right to take it

wasnt the whole fork about that ?

in the dao there was a lot of coins laying out unprotected. so the attacker could and did take them ? you the robin h. hackers took the rest to keep them protected for the rightful owners ? so now give them back no exclutions no if and buts. give them all back to the rightful owners and thank everyone you dindt get reported and face a law enforcement.

to make up rules about if and how the rightful owners can get there coins is unbelievable.

and btw
Poloniex - Bitcoin/Cryptocurrency Exchange - Terms of Use

 "You hereby certify to us that any funds used by you in connection with the Platform are either owned by you or that you are validly authorized to carry out transactions using such funds, and that all transactions initiated with your Account are for your own account and not on behalf of any other person or entity"/color]


.

https://poloniex.com/terms/

id say every dao investor hwo does not want to follow the contract write to poloniex

[Sictalfia]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller!  

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

Difficulty bomb won't affect difficulty for at least 5 months.

Interesting.

From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH.

Someone could research and post figures on wallet-qt growth rate over the last 4 weeks!

The difficulty bomb will start to phase in in November. So I think the Ethereum developers has about 1-2 month to solve the problem.

[thevictimofuktyranny]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller!  

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

Difficulty bomb won't affect difficulty for at least 5 months.

Interesting.

From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH.

Someone could research and post figures on wallet-qt growth rate over the last 4 weeks!

The difficulty bomb will start to phase in in November. So I think the Ethereum developers has about 1-2 month to solve the problem.

Someone posted 5 months, now you've posted 1-2 months - this alleged difficulty bomb is more elusive than the Yeti!

Does anyone have a link too a formal or official announcement from the Ethereum Foundation - that this thing actually exists or are the posts like sightings of the Yeti?

[roselee]

I mean....I know that the difficulty going up means more ppl are mining, means better decentralization, etc.  But FUCK! Mining profits keep getting smaller and smaller!  

It just mean the mining will be concentrated into cheap electricity places like China. It happened to the btc mining.

No, I doubt that's the main cause.  POS is coming soon, at least, too soon to invest a giant mining operation into Eth.  More likely, it's a combination of difficulty bomb (by design), and more rigs being brought online/switched to Eth mining.

Difficulty bomb won't affect difficulty for at least 5 months.

Interesting.

From what I've read on other Threads - most of the difficulty rise comes from new mining hardware, improvements in GPU mining techniques and new people coming into crypto-mining because of ETH.

Someone could research and post figures on wallet-qt growth rate over the last 4 weeks!

The difficulty bomb will start to phase in in November. So I think the Ethereum developers has about 1-2 month to solve the problem.

Someone posted 5 months, now you've posted 1-2 months - this alleged difficulty bomb is more elusive than the Yeti!

Does anyone have a link too a formal or official announcement from the Ethereum Foundation - that this thing actually exists or are the posts like sightings of the Yeti?

will redit do ?
https://www.reddit.com/r/ethereum/comments/4kngpi/ethereum_hardfork_proposals_by_vitalik_buterin/