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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2005770 times)
valerie_zurich
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September 05, 2017, 03:12:53 PM
 #14601

Ethereum's return to above $300 had it featured in our daily chart segment. Do you think it'll keep rising? Come comment with your thoughts.



Source: https://cryptocoincharts.info/pair/eth/usd/bitfinex/2-days

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September 05, 2017, 03:54:40 PM
 #14602

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 
Dr Charles
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September 05, 2017, 04:25:31 PM
 #14603

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 

just wait for the difficulty bomb to hit in the upcoming fork Smiley

promomei
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September 05, 2017, 04:32:51 PM
 #14604

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 

just wait for the difficulty bomb to hit in the upcoming fork Smiley

ok cool TY  Smiley was thinking im doing something wrong ))
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September 05, 2017, 09:33:32 PM
 #14605


Hi gadado !

If you have a slow Internet connexion and/or an HDD, it's only normal that you're syncing so slowly, especially given that Mist 0.9.0 is also synchronising with Swarm which can take much bandwidth.

If you want to run a full node nonetheless, I can only advise you to close Mist, delete all the chaindata already downloaded (whithout deleting your keyfile(s) of course) and relaucnh Mist on --fast mode using cmd.exe (if you're on Windows). Detailed workthrough on Mist official Github page.


Thank you a lot for your help.

That started well but ended up to become extremly slow after 4 mil again. In fact it still hasn't synchronized. What is worse if I open the wallet with that fast blockchain I don't see my coins in it. All I see is an internal test transaction I did in the past.
Do you know if the coins ammount will be correct once it completed the fast blockchain or did my fast blockchain end up unusable after all?

So for a test I restored the slow blockchain. Glad I didn't delete it. There I see the coins.
I only switched the geth folder and never touched the keystore folder so it should be the same keys/wallet.

The slow blockchain has now 84 GByte (still 200k blocks missing)
The fast blockchain has 35 GByte mabye 20k blocks missing and the coins missing.

I wonder... isn't there a blockchain data packed provided from the official pages to download somewhere?

Don't know what that mist is doing but downloading 100Gbyte is not something that should takes days. Downloaded worse in a few hours. It would be way faster and less troublesome if one could simple download that blockchain from somewhere trusted I think.



You're very welcome!

I'm not sure you would be able to download a chaindata folder from someone else as the chaindata is somehow linked to your main ETH account (this being a way to check out that the blockchain is not trying to reach consensus using multiple copies downloaded by the same guy - which won't be that safe nor decentralized).

I should advise you to pursue the --fast way though. I have an (almost) full copy of the blockchain and it's over 140 GByte by now so with your 84 GByte you've still a lot to go. IMHO it's normal that you're experimenting some slowing down at the end given that the last hundreds of blocks are downloaded regularly even in --fast mode: because they represent the most recent transactions (15 s per block * 20 k is only three to four days ago) the network could need some more access to the full state of the transaction (which cannot be given by a pruned copy of the block).

And to answer your last question, Mist is not only downloading the chaindata but also sharing it with all the peers you're connected with to reach consensus. It's a bit like P2P file sharing: you're downloading some data from some people when others are downloading data from you. But as there is a block (i.e. a file) found every 15 secs, you have to download a file then check out with a dozen nodes if you agree with their copy of the file, all in 15 seconds, while sending some data to the random guy who let his computer off for two weeks and need some old blocks data... That can be harsh for HDD who are mechanically restrained on their ability to read/write multiple times on random locations in a short timespan. That's why buying an SSD could be a good idea if you want to run a full node.
Retired
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September 06, 2017, 12:42:56 AM
 #14606

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 

just wait for the difficulty bomb to hit in the upcoming fork Smiley
What fork?
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September 06, 2017, 04:58:59 AM
 #14607

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 

just wait for the difficulty bomb to hit in the upcoming fork Smiley
What fork?

Here is the small article about it http://kryptomoney.com/latest-cryptocurrency-news-ethereum-hardfork-septemebr-2017/. There will be huge changes at ETH...

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profitgenerator212
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September 06, 2017, 05:14:14 AM
 #14608

Guys what happend with ethermine org  its looks like mining ETH got slower , 240 Mhs - its mined 0.05 almost 26 hours ?
anybody ? Grin 

just wait for the difficulty bomb to hit in the upcoming fork Smiley
What fork?

Here is the small article about it http://kryptomoney.com/latest-cryptocurrency-news-ethereum-hardfork-septemebr-2017/. There will be huge changes at ETH...

And that is why the price is crashing I believe.

This is exactly as with BTC. Before the hardfork the price crashed, after the hardfork it skyrocketed.

Same could happen to ETH. Price might go down a few more percent points, maybe 10-15%.

Then after the hardfork, we will have massive new features, the market can will easily hit 100 billion $ by 2018 Cheesy


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Ferrum Network • Interoperability Network for Financial Applications
boopy265420
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September 06, 2017, 09:03:20 AM
 #14609

I will say Ethereum will not only exist but also keep growing continuously. It isn't all about technology but adaption and use cases as well. Ethereum is picked up by various institutions for various purposes so it doesn't depend only on ICO's. These ICO's were one usage of Ethereum but in the long run Ethereum has potential and will be leader in smart contract industry being first of this kind.
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September 06, 2017, 09:08:53 AM
 #14610

Pray that you are lucky, the recent policy of the storm so that I lost a lot of profits
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September 06, 2017, 10:01:39 AM
 #14611

I will say Ethereum will not only exist but also keep growing continuously. It isn't all about technology but adaption and use cases as well. Ethereum is picked up by various institutions for various purposes so it doesn't depend only on ICO's. These ICO's were one usage of Ethereum but in the long run Ethereum has potential and will be leader in smart contract industry being first of this kind.
It's feel good to hear something positive words. Last few days a huge dips happened. Ok, the trend is turning now, ETH at $325. Let's see, where will we finish this week!
wasif11
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September 06, 2017, 10:34:54 AM
 #14612

Is there a main reason why ethereum's technology would be difficult to replicate?
At this point, isn't there a very high probability that a different, nearly identical,
 blockchain comes along with just one negligible improvement,
making eth irrelevant and useless?  Huh
Couldn't this happen overnight? Is market share that important?
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September 06, 2017, 10:39:23 AM
 #14613

Greetings Ethereum lovers,
What are the implications of the ICO ban in China?
Is it all doom and gloom?
Or are there some positives?
Crowdholding has written an article investigating this.
What do you think about the current situation?
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September 06, 2017, 10:41:22 AM
Last edit: September 08, 2017, 10:46:01 PM by agus_purno
 #14614

After all altcoin and even bitcoin decreased yesterday, today almost all altcoin has increased significantly, does that affect altcoin price increase, ...?
maybe everyone is sorry because not many people are taking advantage of yesterday's moment ,,

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September 06, 2017, 10:43:31 AM
 #14615

Very soon, the $ 500 ethereum will seem very cheap
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September 06, 2017, 12:06:26 PM
 #14616

Very soon, the $ 500 ethereum will seem very cheap
Agree. The price is rising again.
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September 06, 2017, 01:58:47 PM
 #14617

Very soon, the $ 500 ethereum will seem very cheap

I think so. By the end of the year, the price could be $1000 or more if there is more usage.
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September 06, 2017, 02:24:20 PM
 #14618

Hi what's wrong with MyEtherWallet, why can not I see my balance, and I can not withdraw my coins
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September 06, 2017, 02:35:30 PM
 #14619

Hi what's wrong with MyEtherWallet, why can not I see my balance, and I can not withdraw my coins

yeah, that is one problem of right now. visit https://etherscan.io instead to check your ETH and token balance. Do not panic of course.


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September 06, 2017, 04:09:31 PM
 #14620

Ethereum's Raiden Scaling Solution Just Passed Another Milestone

A test network has been deployed for the Raiden project, a proposed scaling solution for ethereum designed to allow faster payments and lower fees.

Revealed on the Raiden GitHub page yesterday, the testnet is a major milestone for the project, one that will lead to the next phase of development before the code is ready to launch on the live ethereum network.

As with bitcoin, scaling is becoming an issue for the number two cryptocurrency by market capitalization. As more users make more transactions, the amount of traffic has the potential to slow up the network. Compounding the issue is that many ICO tokens are being launched on top of ethereum, bringing in sudden floods of traffic as sales take place.
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