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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004332 times)
tomkat
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March 20, 2017, 12:54:58 PM
 #12901

POS will be great for eth .

Yeah, POS for Ethereum is It would be great, but i think that is just desire. but it's worth to hope  Grin

Switching Ethereum to PoS will require another hard fork - is that correct?
When PoS will be activated?
FiniteByDesign
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March 20, 2017, 01:13:08 PM
 #12902

Only 22 sets out of 100 made left!

Finite By Design limited edition 'Stages of Ethereum Launch' bars and coins. Ethereum's 'Stage 1: FRONTIER' is commemorated with a limited mint of 100 sets of individually numbered 5" Ether Frontier bars (100 with antique gold finish, 100 with antique silver finish and 100 with antique copper finish). 'Stage 2 Homestead' is commemorated with a limited mint of 100 sets of individually numbered 2" Ether Homestead coins (100 with antique gold finish, 100 with antique silver finish and 100 with antique copper finish). As the Ethereum project progresses, a unique batch is planned to commemorate each stage; Stage 3 'Metropolis' and finally Stage 4 'Serenity'.



ONLY 22 SETS LEFT IN STOCK:
- 100 numbered antique silver finish
- 100 numbered antique gold finish
- 100 numbered antique copper finish
- each bar comes with 2 custom holograms and can be customer funded with Ether (Ethereum's cryptofuel)
- each bar comes with an f*D embossed Certificate of Authenticity

Pricing (shipping not included):
- 3 pack (Stage 1 Bars AND Stage 2 Coins) = $160



Certificate of Authenticity:





Hologram:




Certificate of Authenticity:

fluffyCRUNK
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March 20, 2017, 04:29:17 PM
 #12903

Id say aftr this pump is over, alot of $$ will flow into ZETH, the cross chain platform combining ETH & ZCASH: https://bitcointalk.org/index.php?topic=1802128.0
Turing
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March 20, 2017, 06:04:13 PM
 #12904

Quoting myself:

I just realize...

Ethereum, besides being the most disrupting technology since the invention of the internet, will create the largest amount of millionaires since the launch of Bitcoin.

Right now this may sound ridiculous for some of you but once you look at the potential, it's big... And "BIG" should be spelled in capital letters...

It's not some "bull market" that will create it's value, it's the real added market value created by Ethereum for financial services companies in the forthcoming decades.


Just quote me on this.
~Turing

This may be sooner than I could even predict...

Quoting myself quoting this.

sanas
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March 20, 2017, 07:30:44 PM
 #12905

Id say aftr this pump is over, alot of $$ will flow into ZETH, the cross chain platform combining ETH & ZCASH: https://bitcointalk.org/index.php?topic=1802128.0

It is already obvious that the profit from growth went to alternative crypto-currencies with a small capitalization

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revelacaogr
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2009 Alea iacta est


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March 20, 2017, 08:01:28 PM
 #12906

Ethereum Contributors Series // Issue #03 Jarred Chase


https://blog.status.im/ethereum-contributors-series-issue-03-jarred-chase-314aaf17c78a#.1fc792zfg












IncludeBeer
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March 21, 2017, 12:01:24 AM
 #12907

Quoting myself:

I just realize...

Ethereum, besides being the most disrupting technology since the invention of the internet, will create the largest amount of millionaires since the launch of Bitcoin.

Right now this may sound ridiculous for some of you but once you look at the potential, it's big... And "BIG" should be spelled in capital letters...

It's not some "bull market" that will create it's value, it's the real added market value created by Ethereum for financial services companies in the forthcoming decades.


Just quote me on this.
~Turing

This may be sooner than I could even predict...

Quoting myself quoting this.



True story. Source: aspiring millionaire  Grin Grin

I'm so happy I dumped other coins to buy eth when it was flooring last winter.  We're not done yet though. I'm predicting:
1.) Moderate price correction (<$30)
2.) Hard pump (>$55)
3.) Mild price correction
4.) Moon (as big projects like Augur/Golem/ICONOMI take off and add value).

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
gadsden76
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March 21, 2017, 01:35:00 AM
 #12908

ETH should go to one hundred dollars hopefully.

Not all those who wander are lost.
-Tolkien
wallflies
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March 21, 2017, 04:08:02 AM
 #12909

 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Cool Cool Cool


Quote
Blockchain [Ethereum] Tech Has Never Been More Valuable or More Ready for World Domination

https://futurism.com/blockchain-tech-has-never-been-more-valuable-or-more-ready-for-world-domination/

Triload
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March 21, 2017, 04:12:04 AM
 #12910

Quoting myself:

I just realize...

Ethereum, besides being the most disrupting technology since the invention of the internet, will create the largest amount of millionaires since the launch of Bitcoin.

Right now this may sound ridiculous for some of you but once you look at the potential, it's big... And "BIG" should be spelled in capital letters...

It's not some "bull market" that will create it's value, it's the real added market value created by Ethereum for financial services companies in the forthcoming decades.


Just quote me on this.
~Turing

This may be sooner than I could even predict...

Quoting myself quoting this.



True story. Source: aspiring millionaire  Grin Grin

I'm so happy I dumped other coins to buy eth when it was flooring last winter.  We're not done yet though. I'm predicting:
1.) Moderate price correction (<$30)
2.) Hard pump (>$55)
3.) Mild price correction
4.) Moon (as big projects like Augur/Golem/ICONOMI take off and add value).

Ethereum has the second largest community and ecosystem, IMO the maximum of market cap of Ethereum will be 50%, maybe surpass bitcoin, who knows?
sixiangzhe
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March 21, 2017, 04:31:48 AM
 #12911

Miracle, the ETH square did create countless millionaires.
Mrpumperitis
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March 21, 2017, 05:09:19 AM
 #12912

hope you guys joined in the action, time to AMP it up even more  Wink

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
francism
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March 21, 2017, 05:26:24 AM
 #12913

Ethereum is always a great buy no matter what the current price is.
BitcoinRonnie
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March 21, 2017, 11:10:07 AM
 #12914

Ethereum is always a great buy no matter what the current price is.

POS will push price to new level. I think 100 dollars will be very soon.

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FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
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PRE-SALE.
PUBLIC SALE.
becoin
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March 21, 2017, 11:49:01 AM
 #12915

never been a fan of XRP,
However i was impressed with the the video i saw today.....
https://ripple.com/solutions/retail-remittances/#demovideo

could xrp be the next multi-billion $ coin?

Of course. XRP is another centralized coin like ETHF.
If someone pumps a billion they will have a billion coin.
Of course, there will be a lot of suckers dreaming of becoming millionaires and buying that coin but at the end, if they don't dump on time, they'll just be bagholders when dust settles.
wallflies
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March 21, 2017, 03:29:04 PM
 #12916

 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked
Quote
DigixGlobal Live Stream - Keynote Special: Andrew Keys (ConsenSys and Ethereum Enterprise Alliance)

          https://youtu.be/SFW6W-DIdIo?t=2180


  • We have had over 250 companies reach out to us since the launch of Ethereum Enterprise.
  • This is the tip of the iceberg.. 30 initial members.. interest from 250 members [since EEA launch]
  • You will be blown away when you see the next group of members onboarding, kinda the who's who of planet earth


 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked



IncludeBeer
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March 22, 2017, 12:31:58 AM
 #12917

Ethereum is always a great buy no matter what the current price is.

POS will push price to new level. I think 100 dollars will be very soon.

I agree, but PoS is still very far away from the latest announcements from Vitalik.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
IncludeBeer
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March 22, 2017, 12:39:35 AM
 #12918

$10 incoming

Come now, you've been spamming this for weeks. Have you noticed it going below even $30?  Me neither!  Grin Grin

You know bitpop, some define insanity as doing the same thing but expecting a different result. When you use the same thought process, same approach, maybe same system over and over again and still getting the same result, it's time to change the above mentioned. Wise words if you're trying to get ppl to buy into etc by trolling here.  Cheesy Cheesy

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
oneyesoneno
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March 22, 2017, 02:50:44 AM
 #12919

Ethereum Project NEWS 22-03-2017 Cool


Aragon releases first Public Alpha – User oriented dapp to create and manage DACs with ease (testnet only)  Wink
https://blog.aragon.one/releasing-aragon-alpha-602284a5380c#.r9j24b1c6

  • One month ago, we introduced our vision of how companies and organizations will work. And we set to make it a reality. Today, I want to personally thank all the community for the warmest welcome we could have ever dreamed of for Aragon.
  • So, today, we are releasing Aragon Alpha to the world. It comes as a desktop app for macOS, Linux and Windows, and runs on the Kovan Ethereum testnet.





ERC20 coins with reserves - Bancor Network smart contracts (alpha) on GitHub  Wink
https://github.com/bancorprotocol/contracts

  • Bancor is a smart-contract-based token conversion protocol, which enables a single party to convert any token to another, without requiring a second party to exchange with. It achieves this through the use of reserve-tokens, which provide liquidity through autonomous algorithmic price discovery, regardless of trade volume.
  • The Bancor protocol represents the first technological solution for the classic problem in economics known as the “Double Coincidence of Wants”, in the domain of asset exchange. For barter, the coincidence of wants problem was solved through money. For money, exchanges still rely on labor, via bid/ask orders and trade between external agents, to make markets and supply liquidity.


Dr. Greg Colvin who works on the Ethereum Virtual Machine (EVM) joins Lunyr advisory board  Wink
https://twitter.com/Lunyrinc/status/843864004925693952

  • Lunyr is a decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information. It aims to be the starting point of the internet for finding reliable, accurate information.
  • Making the EVM scream - Dr. Greg Colvin at Devcon 2 https://www.youtube.com/watch?v=p30mjDMhmlE


The Dapp Daily — March 21st, 2017  Wink
https://dappdaily.com/the-dapp-daily-march-21st-2017-fa45d3a3d6d#.vgo5egm5f

  • Tons of updates from the Ethereum ecosystem by sourcerers.io


iEx.ec Virtual Machine Management  Wink
http://iex.ec/?p=705

  • To continue Oleg Lodygensky‘s series of articles introducing the technology behind the iEx.ec Blockchain-based Distributed Cloud, this article presents the iExec Virtual Machine Management.
  • This series of articles aims to be as concise and didactic as possible, introducing paradigms step by step. So far, we have introduced technology in terms one may already be familiar with when discussing global computing: decentralized services, pull mode and peer to peer (P2P) communications.


Announcing PEPERIUM - Rare Pepe and Meme Trading on the Ethereum blockchain  Wink
https://forum.ethereum.org/discussion/11552/announcing-peperium-rare-pepe-and-meme-trading-on-the-ethereum-blockchain

  • Hello everyone! I am excited and proud to announce the start of an exciting new project powered by the Ethereum blockchain and IPFS.
  • PEPERIUM is a decentralized meme marketplace and trading card game (TCG) that will allow anyone to create memes that live eternally on IPFS and Ethereum. The beta starts on April 20th, 2017 so this is a great opportunity to comment and suggest features, as well as receive the new meme trading token for Ethereum, RARE. All details are given in this white paper, and it is a living document, so expect plenty of updates, charts, and design diagrams in the weeks to come. Extending my thanks to all and look forward to being a part of the exciting Ethereum community.


How a Doctor from Japan can use Matchpool  Wink
https://medium.com/matchpool/how-a-doctor-from-japan-can-use-matchpool-62a368084dd3#.rfmdmzix8

  • This doctor will be able to open a pool of doctors, now from that point on every patient that will approach him Will be directed to his pool and will get matched to a doctor right for the treatment.
  • Matchpool will help this doctor and many other doctors to utilize their networks and connections to help others. Matchpool is enabling The Matchmaking Economy, which can be applied to every service industry that requires agents, for example recruitment and property.





Matchpool World Tour  Wink
https://medium.com/matchpool/summery-of-matchpool-roadshow-142afd78cbd8#.6txwjfubk

  • After a long couple of months of travelling, speaking and pitching around the world, I wanted to summarise all the places that Matchpool has been, what we achieved, who we met and the partnerships formed.
  • We are very excited for the crowdfunding this Saturday and invite you to take part in our amazing journey. We will be hosting a live stream whilst the crowdfunding commences at 12:30 GMT on appear.in/matchpool on Saturday 25th March.


Matchpool Cap: $ 5 Million USD in ETH  Wink
https://medium.com/matchpool/matchpool-cap-5-million-usd-in-eth-f7bf1b3438f2#.pnht15n4t

  • In this article we want to explain shortly what our cap is and the initial creation process of the coins. We are getting a lot of questions from people asking us what our ETH cap will be after the recent Ethereum rise.


Edgeless Casino Launched Black Jack BETA 0.1  Wink
https://medium.com/edgeless/edgeless-beta-0-1-announcement-8c3ca97de2c0#.qhw0z5in3

  • The time has come! Let me introduce Edgeless Black Jack beta 0.1
  • beta.edgeless.io - Ethereum based Black Jack with decentralised random number generation and payouts.


We love this fan-made Edgeless casino video! https://youtu.be/tYoJO0JO59I  Be part of the Edgeless story #Ethereum #casino #crowdfund  Wink
https://twitter.com/edgelessproject/status/844150398374068224

  • Decentralised Edgeless CASINO by etherslots.win The Ethereum smart contract-based Casino offers a 0% house edge and solves the casino transparency question


The Etherian - Diving Deeper into ĐApps  Wink
https://theetherian.wordpress.com/2017/03/20/the-etherian-weekly-slackgitter-update-3-12-2017-3-19-2017/



Pi Day ENS Launch Postmortem released  Wink
https://docs.google.com/document/d/1Xr6JELHHWb5ONl_WvJDmIwbfShTgWpMqiNRag2IdmLI/edit

  • maurelian @reddit: This is an excellent review Nick. I appreciate that the planned actions don't have a timeline on them, they just have to be done properly. Smiley I'm excited about what's coming out of this, and at the enthusiasm the community is showing. Since the non-launch, it seems like a lot of people have a much better understanding of both the ENS' potential, and how it works under the hood.


Real Estate Transactions: Built on REX, Powered by Ethereum  Wink
https://blog.rexmls.com/real-estate-transactions-built-on-rex-powered-by-ethereum-b54210de07fa#.yrum48rbg

  • At REX, we are building a global real estate listing platform that’s free of ads, free to use and search, and incentivizes contributors. Why start with listings? Isn’t the blockchain better suited for transactions? We’re asked this question all the time. We want to take this opportunity to walk you through our rationale.


Blockchain Comes To Madison Avenue, MetaX delievers adChain - Promises To Create More Secure Transactions  Wink
http://www.mediapost.com/publications/article/297566/blockchain-comes-to-madison-avenue-new-tech-promi.html

  • MetaX, a startup working with blockchain technology developer ConsenSys, officially launched today, offering a new service enabling similar secure distributed ledger technology for advertising and media buys.
  • Dubbed adChain, the system would ensure that an ad buy’s contract is effectively unbreakable, and that if the terms of the buy are not honored at any step in the process, it would be immediately transparent to any party with access to the chain.


Ethereum The World Computer 22-03-2017 Cool


[Release] Ethereum Studio with Solidity Debugger and Scenario Management is ready for you, no installation required, just click and run. The easy way to develop Ethereum today  Wink
https://live.ether.camp/?publish=new

  • 3esmit @reddit said: I'm developing using only Ethereum Studio and GitHub. I can even use IPFS/Swarm or a webserver in node. The debugger works like any other debugger, it simple to use, just place a breakpoint and run in debug. Scenarios are transactions list that can be executed in a play button.





Ethereum JS Ecosystem Updates - Ethereum Blog  Wink
https://blog.ethereum.org/2017/03/21/ethereum-js-ecosystem-updates/

  • It’s been a fairly busy for the last couple of months for the Ethereum javascripters. To start with, there was a really great hackathon with IPFS
  • Also, during this time Aaron Davis (Kumavis) made some excellent progress towards a JS light client by utilizing IPFS’s libp2p to build a in-browser mesh network and IPLD to provide the merklization layer. This will be important work in the future for building pure in-browser clients. Also Casey Detrio worked on a standard json RPC test suite


March 19th Update -Week in Ethereum News... by Evan Van Ness
http://www.weekinethereum.com/



Tools and technologies in the Ethereum ecosystem  Wink
https://medium.com/blockchannel/tools-and-technologies-in-the-ethereum-ecosystem-e5b7e5060eb9#.bl2wsl7q5

  • If you are a developer new to Ethereum/blockchain, it is possible you are overwhelmed (at least I was) trying to understand all the tools and technologies in the Ethereum ecosystem
  • So I decided to briefly describe the various components you come across frequently while starting to learn Ethereum. Hopefully this will help you get a big picture of the Ethereum ecosystem and how all the pieces fit together.


This Dark Web Market is Planning to Add Support for Ethereum  Wink
http://www.coindesk.com/dark-web-market-planning-add-support-ethereum/

  • One of the most well-known dark markets is looking to add support for ethereum in the coming weeks.
  • A moderator for AlphaBay – one of the world's most popular dark markets, according to data from DeepDotWeb – took to Reddit over the weekend to announce that it would integrate ether payments beginning on 1st May.


Fixing safety proof on dynamic validator PoS  Wink
https://medium.com/@pirapira/fixing-safety-proof-on-dynamic-validator-pos-5d8d463d8ae8#.dca6e2p27

  • On Saturday, after I had released the last blog post about verifying Vitalik’s Casper with dynamic validator sets, Vitalik found a typo in the slashing condition 1
  • The new proof was ready on Monday afternoon. This is done in a rushed manner and is in a messy state, but so be it; when you are designing things on some abstraction, sometimes, you can perform agile, mechanized proof development.

Ethereum Developers Publish Roadmap for EVM Upgrade  Wink
http://www.coindesk.com/ethereum-roadmap-evm-upgrade/

  • A group of developers is working to replace the existing EVM – which enables the utilization of scripts on ethereum – with one built on the WebAssembly, or wasm, programming language. WebAssembly was launched in 2015, backed by a team drawn from Google and Microsoft, among other companies.
  • In a new blog post published today, Martin Becze, the Ethereum Foundation's JavaScript client developer, outlined the next stages of the eWASM initiative, which will include the launch of a test network sometime this year.





Synergy in Ethereum  Wink
https://medium.com/@codetractio/synergy-in-ethereum-52eb8fd6fa2e#.af13qb4of

  • Ethereum, this is just the Beginning
  • The Potential of Ethereum
  • A Push and A Pull — Steps Towards Mainstream Adoption


Ethereum Singapore Meetup - Digix presenting Truffle, Enterprise Ethereum Alliance  Wink
https://www.youtube.com/watch?v=SFW6W-DIdIo&feature=iv&src_vid=DywlPPSv_QQ&annotation_id=channel%3A58cade18-0000-2855-9c5a-94eb2c18e58e

  • Andrew Keys (ConsenSys) will be doing a keynote special on ConsenSys and the Enterprise Ethereum Alliance. Chris Hitchcott (Digix) will speak on the Digix Stack and Truffle, an Ethereum Development Framework by ConsenSys.
  • "We have had over 250 companies reach out to us since the launch of Ethereum Enterprise."
    "This is the tip of the iceberg.. 30 initial members.. interest from 250 members [since EEA launch]"
    "You will be blown away when you see the next group of members onboarding, kinda the who's who of planet earth"
    The developer community is growing faster than anything I've seen in my life"
    "This is a ground swell guys. This is a revolution"



ETHEREUM TALKS 22-03-2017 Cool


Is the Decentralised Autonomous Organisation (DAO) the Next Trusted Evolution of Online Casinos?  Wink
https://hacked.com/decentralised-autonomous-organisation-dao-next-trusted-evolution-online-casinos/

  • Ethereum decentralised properties are a perfect storm for addressing the concerns of online gaming that not only squares the odds, but creates a transparent and open environment that players can trust. Random Number Generation delivered by Smart Contracts is proving itself as an ideal technology for bringing change to the sector.
  • There are some DAO ICOs coming up that create a coin as a Token which offers certain obligations, rights, and benefits for investors. DAOCasino is a bit different and more like a Token launch rather than an ICO. It encourages and gives incentives to communities of game developers, auditors, and partners to participate in the eco system – where each can receive an income based on the contributions made.





Security lessons from the ENS launch  Wink
https://medium.com/@_maurelian/security-lessons-from-the-ens-launch-c5bc96bf439e#.amrapawz3

  • This is an important moment for the Ethereum community to show what it’s made of. The reaction so far has been overwhelmingly understanding and supportive, and I hope that continues. This kind of even headed response will allow developers to learn and improve, and ultimately contribute to a much stronger ecosystem.
  • I still believe the ENS project is foundational and promising to the Ethereum ecosystem, with the potential help Ethereum cross the chasm, by making crypto as user friendly as email.


Why Ethereum will be bigger than Bitcoin  Wink
https://www.youtube.com/watch?v=FBc04MZZPqY&feature=youtu.be



Interview with Richard Craib of Numerai; the AI based hedge fund using machine learning and Ethereum to incentivize good data modeling  Wink
https://twitter.com/blockchannel/status/843698953740668928

  • https://soundcloud.com/blockchannelshow/episode-15-a-hedge-on-ethereum-with-numerai
  • On this episode of BlockChannel, McKie, Dee and Dr. Petty are joined by Richard Craib. Richard is the mind behind “Numerai”; an AI-based hedge fund that feeds off of data science and machine-learning modeling. Models that are used on Numerai for algorithmic trading are submitted by users (Data Scientists) on the platform, where they are rewarded “Numeraire” tokens for successful modeling.


Fred Wilson (famous VC) had a blog post this morning about decentralized startups and gave a lot of talk to Ethereum.  Wink
http://avc.com/2017/03/the-decentralized-startups/

  • If someone were to ask what the most successful startups of this decade are, the answer would likely be Snap (market cap $22bn). Uber and Airbnb might also be on the list although those companies were launched in the prior decade (2009 and 2008 respectively).
  • But what might be missed is the massive success of the decentralized startups, most notably Bitcoin (BTC) and Ethereum (ETH) this decade.


VladZamfir:" If the price of ether stays high, I really hope the Ethereum community considers slashing block rewards by at least a factor of 4."
https://twitter.com/VladZamfir/status/843445814420783105

  • Vitalik commented: I feel ambiguous about this.

    Object level argument first. ETH block rewards are currently $14.3 per second. Next highest is Zcash at $4.77 per second. If we drop 4x, then that would put ETH at second place. If the price drops 3x then we would go down to $1.2 per second, which puts us down to third place below Zcash and Monero. At this point, we may be much more vulnerable to 51% attacks. A drop up to 2x seems safe to me, a larger drop less so.

    Second object-level argument. Suppose conservatively the proof of stake switch happens in 15 months. A 4x block reward difference starting 3 months from now is only ~7 million coins, and quite possibly less if we do hybrid proof of stake in the mean time. It may be most pragmatic to just let the issue slide until we can reduce block rewards even further (I am projecting 0.1-0.6 ETH per 14 sec) through a full PoS switch.

    Now, the meta-level disagreement. I think that as Ethereum is maturing, we need to start taking norms, schelling points, and stability of policy more seriously, especially on key economic parameters. That is, moving fast on precompiles is still fine, but mucking around with block rewards, staking rewards, etc arbitrarily much less so. This is in part because while Vlad fears what miners would do to the blockchain if unfettered, I have similar fears long-term with what developers would do if unfettered, and we should be acting to limit through social norms what any of these groups can do on its own.

    There are two situations in which I support dropping the block reward:

    As part of a hard fork which delays the ice age, and has the property that miners get net expected revenue that is somewhere between the revenue that they would get if the ice age was not stopped and the revenue that they would get if 5 ETH blocks with no ice age continued forever. That is, taking the ice age delay into account, the hard fork would not hurt miners relative to the baseline of inaction. Such a reduction should also have strong community consensus.

    As part of a switch to hybrid proof of stake, that is a step along the roadmap to full proof of stake. If Ethereum switches to an algorithm that can be reasonably described as only 50% relying on miners and 50% relying on stake, then it seems totally reasonable to cut the reward given to miners by 50%, and give stakers 50% the reward that they will eventually receive.


I will do my best to lobby for low rewards but also as low as possible transaction costs  Wink
https://twitter.com/koeppelmann/status/843445652625543171

  • Please note that this quote was within the context of a future POS solution.
    My view: We should always strive for maximum efficiency: so if a system can be designed which expenses less (low block rewards) at sufficient security - it should! However - block rewards are a efficient solution to basically tax every coin holder. I think the Bitcoin approach with the plan eventually only those transacting should pay for security and HODLERs free ride is going nowhere.


Ethereum Core Devs Meeting #12 Notes/Video  Wink
https://github.com/ethereum/pm/blob/master/All%20Core%20Devs%20Meetings/Meeting%2012.md

  • EIP Signaling/Voting System [Hudson]
  • https://github.com/ethereum/EIPs/issues/225 Clique PoA protocol & Rinkeby PoA testnet [Peter]
  • In STATICCALL Opcode should state-changing operations should actually throw, or just be reverted after the call returns? [Martin]
  • EIP 161 Clarification and Proposal to update the YP to say that built-in accounts (pre-compiles) are never empty and update implementations based on that. [Yoichi]
  • Metropolis Update
  • Test Cases for EIPs [Martin]


Ethereum Gum Ball Machine  Wink
https://www.youtube.com/watch?v=N5PKi39n0cc





AngelList founder says Ethereum is promising and disrupting VCs  Wink
https://twitter.com/naval/status/843877040021360642


Are you a talented smart contract developer based in Switzerland or keen to move there? MELONPORT IS HIRING!  Wink
https://docs.google.com/document/d/1g08i_uM-Yl4oTCgYCiGDR31d9RIYR6yvfZE_Xjlgyc8/edit


Truffle has hit 50k downloads!  Wink
https://twitter.com/trufflesuite/status/843864577213259777



Ethereum Community Vote On Miner Rewards  Wink
https://www.ethnews.com/ethereum-community-vote-on-miner-rewards

  • Ethereum is following a roadmap that will see mining slowly phased out as the network moves to securing itself with a Proof-of-Stake (PoS) protocol. Vitalik Buterin has already outlined his multi-step plan to ease PoS into the network on top of Proof-of-Work (PoW), eventually leading to a hybridized PoS/PoW system, which will ultimately roll into pure PoS.

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March 22, 2017, 03:09:31 AM
 #12920

All these coins.
Surely, long term, what will make a coin worth a lot is if it is a limited commodity and can be
easily used by the public to buy stuff.
At the moment, ETH / ETC and other cryptos gain value by our speculation (I have small quantities)
But no one is actually buying stuff in large quantities with coins like ETH.
My understanding of ETH is that it is the network that is useful, it is a programmable network,
the coin ETH is issued as an incentive to keep the ETH Network online.
But other than that, it has no other value, except speculative.
Bitcoin's success is because people can actually buy things with it.
OK, a lot of BTC's value is also speculative, but it is a coin you can buy stuff with.
Unless you can buy things with ETH, the only reason for holding on to it, or obtain ETH is to keep the network
up and running.
I think one of the things missing from ETH and other coins is that you can't do anything with them other than
hold them for their speculative value.
Ultimately, when the masses pour in to Cryptos, they are going to want 'coins' that they can buy stuff with.
They'll have no interest in keeping the network up and running.
So most of the money will be in spendable coins, which presumably means coins issued for network
maintainence, without any effort to make them in to a currency, will be worth less.


 

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