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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1982126 times)
gawlea
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May 21, 2018, 07:34:27 AM
 #18781

Vitalik refused to participate in the Consensus conference. I wonder how this will affect the market. Everybody is waiting for a pampus after the Consensus.

It won't affect the market at all, why would it? If it really had an effect it would show how premature crypto still is.

now public refusal:

https://cointelegraph.com/news/ethereum-stakeholders-meet-to-discuss-governance-without-vitalik-buterins-involvement

is there any reason for present markets' plunge ?

For how long have you been around in crypto? You call that market plunge? Check the history of Bitcoin and you will see what a market plunge can look like.

I think 40-60% drop in the crypto is just a blip. Not to be afraid of.

Agree, looking back a year we are very good in terms of value on all top 20 crypto.
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satrum
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May 21, 2018, 11:05:58 AM
 #18782

"ICONOMI has added CyberMiles on their platform" added for voting, proof and forecast on YEENOT TODAY https://yeenot.today/catalog/news/277
How much DAA will buy CMT?

CyberMiles builds custom smart contract templates that enable e-commerce companies to easily deploy their business on the blockchain. Its delegated proof of stake blockchain is fully compatible with Ethereum and aims to achieve up to 10,000 transactions per second.
amintek15
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May 21, 2018, 01:55:53 PM
 #18783

Hello, I made a transaction today for 5gwei but it's pending since 6 hours Shocked
First time I got this, someone knows how to unlock the situation ?
Thanks
https://etherscan.io/tx/0x2b6339673a7a7fa3e849c94f1cc9d9c3529a5751e46e767397c51cfbb332a798
MakingMoneyHoney
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May 21, 2018, 05:10:37 PM
 #18784

Does anyone know why my Ethereum wallet on my desktop might have stopped being able to find peers? It was fine about 20 days ago. I loaded it yesterday, and I've been trying to get it to sync up using various techniques. I tried allowing it through my firewall, tried turning the firewall off, and tried to resync from scratch with the command line geth.exe --nat=none and that worked to download from scratch up to the 20 days ago, but when I loaded the GUI it still couldn't find peers. I had to close it and restart the computer, so I thought maybe I should try without turning the computer off in the process.

I'm not sure what the --nat=none command does. I just found it on a website. I am trying to put it on another computer with the same network, and had the same problems. Running the GUI it couldn't find peers. As soon as I used the geth.exe --nat=none command it started to load some of the blocks. It's downloading on and off right now. In the command prompt box it is saying that it failed a couple of times to find peers.

Some examples of errors:
"Failed with all peers <0 tries, 0 peers>"
"Failed with all peers <1 tries, 1 peers>"
"Synchronisation failed, dropping peer"
"retrieved hash chain is invalid"
"action from bad peer ignored".

I'm just confused, why the GUI can't find peers, but going through the command prompt would let it work, sometimes. I would think if the problem was that the firewall was blocking it then it would still be blocked even if I used the command line command and thus it wouldn't be able to find any peers ever.  Huh
asche
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May 21, 2018, 05:23:55 PM
 #18785

Hello, I made a transaction today for 5gwei but it's pending since 6 hours Shocked
First time I got this, someone knows how to unlock the situation ?
Thanks
https://etherscan.io/tx/0x2b6339673a7a7fa3e849c94f1cc9d9c3529a5751e46e767397c51cfbb332a798

Resend same transaction with higher gwei.

Alternative is to wait until all the gas is consumed, and then send again.

Zontop
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May 21, 2018, 05:32:29 PM
 #18786

I also smell big move for Ethereum seeing good news and positive reviews from everywhere. Ethereum is really revolutionary which introduced us to utility tokens and tokenized economy and services. Of course, without it cryptocurrencies were still moving around anonymous coins. It has all the way clear ahead to keep gaining value.
mandibleclaw
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ONe Social Network.


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May 21, 2018, 05:49:23 PM
 #18787

Hello, I made a transaction today for 5gwei but it's pending since 6 hours Shocked
First time I got this, someone knows how to unlock the situation ?
Thanks
https://etherscan.io/tx/0x2b6339673a7a7fa3e849c94f1cc9d9c3529a5751e46e767397c51cfbb332a798

Like someone said, send the same transaction with higher gas price, maybe try 18-20 Gwei, that's what I paid when I withdrawed ETH from IDEX like an hour ago. Always check https://ethgasstation.info/ before you interact with the ethereum network

yurimir
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May 21, 2018, 07:25:55 PM
 #18788

Vitalik Buterin has published a new article: Liberation Through Radical Decentralization By Vitalik Buterin and Glen Weyl

"More generally, as we have arguably seen with parts of the internet and the web, excessive and naïve reliance on any formalism

intended to decentralize authority can inadvertently have the perverse effect of reestablishing monopolies and oligarchies.

Only by making technical systems that offer a variety of mechanisms for checking concentrations of power and by simultaneously

building social ideologies constantly on the lookout for failure modes of these mechanisms can we hope to succeed where previous

attempts at decentralizing authority have failed. But we are hopeful that some combination of blockchain and Radical Markets technologies

can make an important contribution to breaking up the most oppressive forms of corporate, government and technical power and building

towards a more free, open and cooperative world in the 21st century."

https://medium.com/@VitalikButerin/liberation-through-radical-decentralization-22fc4bedc2ac
cr1pto
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May 21, 2018, 11:55:18 PM
 #18789

I wish the price would boom quickly Cheesy
Ethereum price will boom in near future. As you see that price of ethereum is getting down, right now standing at $679.
Don't worry few days ago china government provides ratings on cryptocurrencies., Ethereum scores very high in ratings.
Ethereum is on the top in china ratings. 80.3 in technology, 23.7 in applicability and 25.4 in creativity.
Total score obtained by ethereum is 129.4 points.  Cool Ethereum price will be boom soon.
Small drawdowns in the price - this is normal. But do not pay attention to this. Very soon we will have a flight to the moon. We have been waiting for this for a long time.
We are in mid of may and in past days ethereum pushed up to $830 then constantly pulled back to above $700.
This is a sign of ethereum can be any time move from a lower position to a higher one.
Let's hope ethereum will be cross ATH price in coming months and flight will be land in $5k.  Cool

It seems the ETH has good support around the $700 level. I think it will go up again soon.

Yeah, it keeps finding support around 700$ lets hope the next bounce is high enough for the support to move towards 800$ Cheesy
CobraJ
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May 22, 2018, 06:13:11 AM
Merited by suchmoon (5)
 #18790

I am interested to find out more about ethereum scaling solutions. So far I've read about Raiden Network, Plasma / Plasma Cash, Striim (officially launched this week), Sharding and a bit about Casper.
With Raiden I am not sure why initially it was in the official Ethereum roadmap as "the lightning network of ethereum" or something like that, and now is a separate project. Nobody said anything about that but I think it's an important detail. Anyone knows? Looks like devs are still active on it.
About Plasma the issue with the exponential scalability resides in users having to download/authenticate each plasma block. So with Plasma Cash there would be an extra plasma coin with unique id created for every user every time they, say, deposit on an exchange and whatnot thus compared to Plasma have the only requisite to pay attention to the blocks that contain coins they want to track.
Then there's Striim by Hubii which is gonna bring an ethereum scaling solution and protocol but not too much info on it yet, other than the launch will be in a day or two and the striim tokens will be gradually airdropped to hbt token holders. Positive is their partnership with telenor which is gonna jumpstart the use of it for micropayments.
Differently from off-chain solutions like Striim and Raiden, Sharding is an on-chain scaling solution, i.e. it maintains all transactions on the original blockchain. Sharding basically allows for operations to run not in a linear way but simultaneously which results in higher TPS. In short with sharding the ethereum network is divided in multpile nodes (aka shards), which process all the transactions that occur within that group.
To me it seems sharding will be the most impactful but also will take the longest to implement; but being onchain it is also intrinsecally different from raiden and other offchain solutions which are easier to "plug" in the network do absorb dust transactions right out of the box.
Will offchain solutions continue to exist and be utilised even once solid onchain mechanisms are implemented?
I believe so. Scalability/security/decentralization is not only a trilemma, but really a cat-and-mouse game where you also have to compete against other aspiring networks and protocols which try to boost higher and higher tps (some of which aren't even a blockchain.. cough hashgraph cough..).

A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
shinratensei_
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May 22, 2018, 06:59:04 AM
 #18791

I wish the price would boom quickly Cheesy
Ethereum price will boom in near future. As you see that price of ethereum is getting down, right now standing at $679.
Don't worry few days ago china government provides ratings on cryptocurrencies., Ethereum scores very high in ratings.
Ethereum is on the top in china ratings. 80.3 in technology, 23.7 in applicability and 25.4 in creativity.
Total score obtained by ethereum is 129.4 points.  Cool Ethereum price will be boom soon.
Small drawdowns in the price - this is normal. But do not pay attention to this. Very soon we will have a flight to the moon. We have been waiting for this for a long time.
We are in mid of may and in past days ethereum pushed up to $830 then constantly pulled back to above $700.
This is a sign of ethereum can be any time move from a lower position to a higher one.
Let's hope ethereum will be cross ATH price in coming months and flight will be land in $5k.  Cool
It seems the ETH has good support around the $700 level. I think it will go up again soon.
yes eth is already up to 700$ price value
chines market is pushing eth coin as NO.1 blockchain in crypto
and i admit that eth is the no.1 blockchain
the future of eth is realy looks bright and hope eth coin price will cross or touch 2000$ in the very end of 2018

If the price of ETH is 2000 dollars in this year, it means it could be the No 1 coin.
Not sure about that. Remember the bitcoin price will always even higher. That means if that couldn't be true. Remember when ethereum worth around $1k and each bitcoin price will cost around $18k.
I just expect the price of ethereum to be doubled or tripled when the block reward of etheum will get a lot of decrease due to the pos update. It will have dropped from 3 to the 0.6 eth for every block. 

.
.Kleks Academy.
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CobraJ
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May 22, 2018, 07:06:25 AM
 #18792

I am interested to find out more about ethereum scaling solutions. So far I've read about Raiden Network, Plasma / Plasma Cash, Striim (officially launched this week), Sharding and a bit about Casper.
With Raiden I am not sure why initially it was in the official Ethereum roadmap as "the lightning network of ethereum" or something like that, and now is a separate project. Nobody said anything about that but I think it's an important detail. Anyone knows? Looks like devs are still active on it.
About Plasma the issue with the exponential scalability resides in users having to download/authenticate each plasma block. So with Plasma Cash there would be an extra plasma coin with unique id created for every user every time they, say, deposit on an exchange and whatnot thus compared to Plasma have the only requisite to pay attention to the blocks that contain coins they want to track.
Then there's Striim by Hubii which is gonna bring an ethereum scaling solution and protocol but not too much info on it yet, other than the launch will be in a day or two and the striim tokens will be gradually airdropped to hbt token holders. Positive is their partnership with telenor which is gonna jumpstart the use of it for micropayments.
Differently from off-chain solutions like Striim and Raiden, Sharding is an on-chain scaling solution, i.e. it maintains all transactions on the original blockchain. Sharding basically allows for operations to run not in a linear way but simultaneously which results in higher TPS. In short with sharding the ethereum network is divided in multpile nodes (aka shards), which process all the transactions that occur within that group.
To me it seems sharding will be the most impactful but also will take the longest to implement; but being onchain it is also intrinsecally different from raiden and other offchain solutions which are easier to "plug" in the network do absorb dust transactions right out of the box.
Will offchain solutions continue to exist and be utilised even once solid onchain mechanisms are implemented?
I believe so. Scalability/security/decentralization is not only a trilemma, but really a cat-and-mouse game where you also have to compete against other aspiring networks and protocols which try to boost higher and higher tps (some of which aren't even a blockchain.. cough hashgraph cough..).

With Raiden, it looks like Vitalik Buterin wanted to pay them and help them make Ethereum Lightning Network but they made the whole thing a token (easy to guess why..). After that Vitalik kind of disendorsed them. In a nutshell, it is the only working solution at the moment. but formally unsuppported by the ethereum team.
Pretty much this?

A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
22naru
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May 22, 2018, 11:12:21 AM
Merited by CobraJ (1)
 #18793

I am interested to find out more about ethereum scaling solutions. So far I've read about Raiden Network, Plasma / Plasma Cash, Striim (officially launched this week), Sharding and a bit about Casper.
With Raiden I am not sure why initially it was in the official Ethereum roadmap as "the lightning network of ethereum" or something like that, and now is a separate project. Nobody said anything about that but I think it's an important detail. Anyone knows? Looks like devs are still active on it.
About Plasma the issue with the exponential scalability resides in users having to download/authenticate each plasma block. So with Plasma Cash there would be an extra plasma coin with unique id created for every user every time they, say, deposit on an exchange and whatnot thus compared to Plasma have the only requisite to pay attention to the blocks that contain coins they want to track.
Then there's Striim by Hubii which is gonna bring an ethereum scaling solution and protocol but not too much info on it yet, other than the launch will be in a day or two and the striim tokens will be gradually airdropped to hbt token holders. Positive is their partnership with telenor which is gonna jumpstart the use of it for micropayments.
Differently from off-chain solutions like Striim and Raiden, Sharding is an on-chain scaling solution, i.e. it maintains all transactions on the original blockchain. Sharding basically allows for operations to run not in a linear way but simultaneously which results in higher TPS. In short with sharding the ethereum network is divided in multpile nodes (aka shards), which process all the transactions that occur within that group.
To me it seems sharding will be the most impactful but also will take the longest to implement; but being onchain it is also intrinsecally different from raiden and other offchain solutions which are easier to "plug" in the network do absorb dust transactions right out of the box.
Will offchain solutions continue to exist and be utilised even once solid onchain mechanisms are implemented?
I believe so. Scalability/security/decentralization is not only a trilemma, but really a cat-and-mouse game where you also have to compete against other aspiring networks and protocols which try to boost higher and higher tps (some of which aren't even a blockchain.. cough hashgraph cough..).

With Raiden, it looks like Vitalik Buterin wanted to pay them and help them make Ethereum Lightning Network but they made the whole thing a token (easy to guess why..). After that Vitalik kind of disendorsed them. In a nutshell, it is the only working solution at the moment. but formally unsuppported by the ethereum team.
Pretty much this?
so no more Raiden update and greed took control and destroyed a good colaboration . sad
cheers for info.
cryptokingmaker
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May 22, 2018, 11:24:21 AM
 #18794

I wish the price would boom quickly Cheesy
Ethereum price will boom in near future. As you see that price of ethereum is getting down, right now standing at $679.
Don't worry few days ago china government provides ratings on cryptocurrencies., Ethereum scores very high in ratings.
Ethereum is on the top in china ratings. 80.3 in technology, 23.7 in applicability and 25.4 in creativity.
Total score obtained by ethereum is 129.4 points.  Cool Ethereum price will be boom soon.
Small drawdowns in the price - this is normal. But do not pay attention to this. Very soon we will have a flight to the moon. We have been waiting for this for a long time.
We are in mid of may and in past days ethereum pushed up to $830 then constantly pulled back to above $700.
This is a sign of ethereum can be any time move from a lower position to a higher one.
Let's hope ethereum will be cross ATH price in coming months and flight will be land in $5k.  Cool
It seems the ETH has good support around the $700 level. I think it will go up again soon.
yes eth is already up to 700$ price value
chines market is pushing eth coin as NO.1 blockchain in crypto
and i admit that eth is the no.1 blockchain
the future of eth is realy looks bright and hope eth coin price will cross or touch 2000$ in the very end of 2018

If the price of ETH is 2000 dollars in this year, it means it could be the No 1 coin.
Not sure about that. Remember the bitcoin price will always even higher. That means if that couldn't be true. Remember when ethereum worth around $1k and each bitcoin price will cost around $18k.
I just expect the price of ethereum to be doubled or tripled when the block reward of etheum will get a lot of decrease due to the pos update. It will have dropped from 3 to the 0.6 eth for every block. 

I do agree but how far it will help to the community when they start converting into POS. Bitcoin far behind and many people are making false guess about the market by comparing the bitcoin and ethereum price.
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May 22, 2018, 12:21:22 PM
 #18795

BTCZ 
BitcoinZeroX

another fork of Bitcoin merging Bitcoin Core with HEXX


https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Hexx+%28HXX%29&SortBy=0
oraclepay
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May 22, 2018, 12:25:24 PM
 #18796

BTCZ 
BitcoinZeroX

another fork of Bitcoin merging Bitcoin Core with HEXX


https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Hexx+%28HXX%29&SortBy=0

Ohhh Really!  Roll Eyes
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May 22, 2018, 01:53:38 PM
 #18797

I am interested to find out more about ethereum scaling solutions. So far I've read about Raiden Network, Plasma / Plasma Cash, Striim (officially launched this week), Sharding and a bit about Casper.
With Raiden I am not sure why initially it was in the official Ethereum roadmap as "the lightning network of ethereum" or something like that, and now is a separate project. Nobody said anything about that but I think it's an important detail. Anyone knows? Looks like devs are still active on it.
About Plasma the issue with the exponential scalability resides in users having to download/authenticate each plasma block. So with Plasma Cash there would be an extra plasma coin with unique id created for every user every time they, say, deposit on an exchange and whatnot thus compared to Plasma have the only requisite to pay attention to the blocks that contain coins they want to track.
Then there's Striim by Hubii which is gonna bring an ethereum scaling solution and protocol but not too much info on it yet, other than the launch will be in a day or two and the striim tokens will be gradually airdropped to hbt token holders. Positive is their partnership with telenor which is gonna jumpstart the use of it for micropayments.
Differently from off-chain solutions like Striim and Raiden, Sharding is an on-chain scaling solution, i.e. it maintains all transactions on the original blockchain. Sharding basically allows for operations to run not in a linear way but simultaneously which results in higher TPS. In short with sharding the ethereum network is divided in multpile nodes (aka shards), which process all the transactions that occur within that group.
To me it seems sharding will be the most impactful but also will take the longest to implement; but being onchain it is also intrinsecally different from raiden and other offchain solutions which are easier to "plug" in the network do absorb dust transactions right out of the box.
Will offchain solutions continue to exist and be utilised even once solid onchain mechanisms are implemented?
I believe so. Scalability/security/decentralization is not only a trilemma, but really a cat-and-mouse game where you also have to compete against other aspiring networks and protocols which try to boost higher and higher tps (some of which aren't even a blockchain.. cough hashgraph cough..).

With Raiden, it looks like Vitalik Buterin wanted to pay them and help them make Ethereum Lightning Network but they made the whole thing a token (easy to guess why..). After that Vitalik kind of disendorsed them. In a nutshell, it is the only working solution at the moment. but formally unsuppported by the ethereum team.
Pretty much this?
so no more Raiden update and greed took control and destroyed a good colaboration . sad
cheers for info.

No worries and I agree, it's sad considering how things started between Raiden and the Ethereum team.
Let's see how Striim will go but from my understanding they will likely directly take the "on the market" approach as it is entirely tokenized and will be initially anchored to an exchange.

A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
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May 22, 2018, 02:52:39 PM
 #18798

"Steve Wozniak: Ethereum Could Be The New Apple" added to vote on YEENOT TODAY https://yeenot.today/catalog/news/262
good for all ETH platform projects ?

Man that''s a pretty cool statement to read isn't it? Wink And maybe Ethereum can even become much bigger in terms of market capitalization.

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May 22, 2018, 03:45:19 PM
 #18799

This is an amazing news - China Ranks Ethereum as the World’s Best Blockchain Network, Bitcoin at #13
Yes, that`s fine! Interesting to see that NEO (Chinesse Ethereum, lol) has only 4th place in this rank despite the fact that NEO is very centralized (China doesn't like decentralized coins because they cant control it).

What is this ranking actually about and who created it? If you say China is it their Economics department or something?

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May 22, 2018, 04:24:18 PM
 #18800

I wish the price would boom quickly Cheesy
Ethereum price will boom in near future. As you see that price of ethereum is getting down, right now standing at $679.
Don't worry few days ago china government provides ratings on cryptocurrencies., Ethereum scores very high in ratings.
Ethereum is on the top in china ratings. 80.3 in technology, 23.7 in applicability and 25.4 in creativity.
Total score obtained by ethereum is 129.4 points.  Cool Ethereum price will be boom soon.
Small drawdowns in the price - this is normal. But do not pay attention to this. Very soon we will have a flight to the moon. We have been waiting for this for a long time.
We are in mid of may and in past days ethereum pushed up to $830 then constantly pulled back to above $700.
This is a sign of ethereum can be any time move from a lower position to a higher one.
Let's hope ethereum will be cross ATH price in coming months and flight will be land in $5k.  Cool
It seems the ETH has good support around the $700 level. I think it will go up again soon.
yes eth is already up to 700$ price value
chines market is pushing eth coin as NO.1 blockchain in crypto
and i admit that eth is the no.1 blockchain
the future of eth is realy looks bright and hope eth coin price will cross or touch 2000$ in the very end of 2018

If the price of ETH is 2000 dollars in this year, it means it could be the No 1 coin.
Not sure about that. Remember the bitcoin price will always even higher. That means if that couldn't be true. Remember when ethereum worth around $1k and each bitcoin price will cost around $18k.
I just expect the price of ethereum to be doubled or tripled when the block reward of etheum will get a lot of decrease due to the pos update. It will have dropped from 3 to the 0.6 eth for every block. 

I do agree but how far it will help to the community when they start converting into POS. Bitcoin far behind and many people are making false guess about the market by comparing the bitcoin and ethereum price.

Ya...assuming the btc and eth price stay tightly coupled is gonna lead you to trouble. Both have large communities, large volumes, and most important: direct avenues to fiat. Trying to estimate prices based on a comparison is bad idea.

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