[ANN] Ethereum: Welcome to the Beginning

[freduche]

So many tokens and projects are being built on top of Ethereum. I wouldn't be surprise to see Ether overtake Bitcoin.

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[AriesantZ]

ETH's development team is considering some possible changes to the new technology upgrade launched by the plan. I have always thought that the development of ETH is still very promising.

very interesting news about ethereum. I also hope Ethereum will be back like january or februari ago.

[SixFigures]

pls what is the total supply of ethereum?

ethereum total supply is increasing because mining reward
miner get reward with each block they mined and confirm the transactions
now the circualtion supply is more then 100 milllion for now and its total supply is unlimited but only miners can get few in a year

Interestingly though Vitalik brought up the discussion about implementing a cap to the total supply of ETH.

If I remember correctly it was on april 1st? By the way, if he want to implement a cap (but this question is for all PoS coins) how it will work with PoS ? It's the same thing as PoW where miners get only transaction fees after all coins are mined?

Yes, exactly.

Whereas it totally remains to be seen how something like that would actually play out. Everyone has an opinion on how it will work within Bitcoin, but I think skeptics also have a valid point that once there are only transaction fees the incentive might be too low for a lot of miners to secure the network.

[Viscore]

ETH's development team is considering some possible changes to the new technology upgrade launched by the plan. I have always thought that the development of ETH is still very promising.

very interesting news about ethereum. I also hope Ethereum will be back like january or februari ago.

We will be back there and even surpass the ATH, just be patient, it's not possible that ETH will only rise, it should be the whole market
and will be leaded by bitcoin. We have seen the bottom price already and I think soon bitcoin will again pump.

[drwoo]

pls what is the total supply of ethereum?

ethereum total supply is increasing because mining reward
miner get reward with each block they mined and confirm the transactions
now the circualtion supply is more then 100 milllion for now and its total supply is unlimited but only miners can get few in a year

Interestingly though Vitalik brought up the discussion about implementing a cap to the total supply of ETH.

If I remember correctly it was on april 1st? By the way, if he want to implement a cap (but this question is for all PoS coins) how it will work with PoS ? It's the same thing as PoW where miners get only transaction fees after all coins are mined?

Yes, exactly.

Whereas it totally remains to be seen how something like that would actually play out. Everyone has an opinion on how it will work within Bitcoin, but I think skeptics also have a valid point that once there are only transaction fees the incentive might be too low for a lot of miners to secure the network.

Right but it should be possible to apply some maths upfront and see how it may play out. To anticipate how the market will eventually behave is hard to do as well know.

[SimpleMan]

Ethereum has entered a new adjustment cycle, and this adjustment target will be around $488. I have already prepared some USDT to wait for this price to buy.

I don't think it will go below $500. There will just be too many people jumping in to use the opportunity and get a good entry point.

You never know what the goals of the big guys in this game are. If they want to see the price go below $500, they will make it happen.

For now that is still the case I guess but I think that will also change even more in the future. People can easily access the markets and purchase cryptos they like, which means less control in the hands of a few.

Basically right, but we have seen much larger markets than crypto having been manipulated in the past. Not sure how that compares to crypto though, but the motivation to profit from manipulation will always be there.

Once we have fully decentralized exchanges the word manipulation might get a whole different meaning in terms of variants and magnitude. If there are places where you could theoretically trade anonymously there might be enormous manipulation.

yes fully decentralized exchange could unlock many door of crypto trading for almost every one on the globe
anonymity is the thing that everyone care about right now in the world of crypto
most of the people in the crypto market don't want to show their selves. but there is another prob in that if some is doing wrong thing with crypto then that's not good at all
well eth network with a totally decentralized exchange could do great things and binance is up to decentralized exchange i heard that a month ago i think

Everyone cares about it, but for different reasons. Some want to hide shady trading behavior while others are just interested in protecting their privacy. It's hard to align these interests within a single product in a way that harm doesn't happen.

[yurimir]

It is a very good news too - Ethereum adding 50,000 Devs per Month, King of Dapps

https://www.newsbtc.com/2018/06/18/ethereum-gaining-50000-developers-per-month-king-dapps/

[gribble]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

[SimpleMan]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

[gribble]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

[dr.cheema]

It is a very good news too - Ethereum adding 50,000 Devs per Month, King of Dapps

https://www.newsbtc.com/2018/06/18/ethereum-gaining-50000-developers-per-month-king-dapps/

Yeah it's a beginning of positive news about ethereum and other major currencies. These kind of news will be help ethereum to cross the limits.  
There is a one more news about ethereum that world biggest brewer has launched it's first ad campaigns through the Kiip mobile marketing app, which uses ethereum blockchain to record and track data.
https://www.coindesk.com/the-worlds-largest-brewer-is-using-a-blockchain-to-store-ad-data/

[wangxiaoyan600]

Ethereum is required for the development of a breakthrough, the price of ETH has $500 in sideways, the money market in the future development of encryption effect needs to take the lead in the ETH project.

[Sanguintan]

The technology of Ethereum will go further. The side chain technology such as POA will obviously have a bleak prospect. So it is very important to invest in a clear direction.

It is possilbe the price of ETH will be over $1000 in the next year.

[mandibleclaw]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

It's quite simple, if you want to develop a decentralized app on a secure and immutable (well, let's not count in the DAO hack)blockchain, your choice is Ethereum, otherwise you can choose EOS which is just a controlled database

[abonarea]

EOS has lost credibility and trust with blocking of accounts already. Ethereum is this field still is on leading and dominance position continuously. That hype about EOS put people temporarily to think it as competitor but that has gone in the air. Ethereum has got time to release those features to remain as first choice for smart contracts and scaling in future as well.

[Psynthax]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

It's quite simple, if you want to develop a decentralized app on a secure and immutable (well, let's not count in the DAO hack)blockchain, your choice is Ethereum, otherwise you can choose EOS which is just a controlled database

EOS is not a decentralized. It's only an experimental blockchain with million codes contain so many vulnerabilities. The volume of EOS has been decreasing a lot. Remember this Ethereum only needs 16 millions to create such a useful manufacturer while EOS needs 4 billions for shitty blockchain.

[gribble]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

It's quite simple, if you want to develop a decentralized app on a secure and immutable (well, let's not count in the DAO hack)blockchain, your choice is Ethereum, otherwise you can choose EOS which is just a controlled database

EOS is not a decentralized. It's only an experimental blockchain with million codes contain so many vulnerabilities. The volume of EOS has been decreasing a lot. Remember this Ethereum only needs 16 millions to create such a useful manufacturer while EOS needs 4 billions for shitty blockchain.

I don't know what is decentralize in your mind but with 21 block producers EOS is decentralize platform, although it is too early for saying that due to as you said EOS blockchain is experimental and still there are no good signal for EOS to be sucessfull as platform of decentralize application dapps or smart contract, i will wait for this what will happen to them and i don't want make more speculation about the EOS.

[CookieFactory]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

It's quite simple, if you want to develop a decentralized app on a secure and immutable (well, let's not count in the DAO hack)blockchain, your choice is Ethereum, otherwise you can choose EOS which is just a controlled database

EOS is not a decentralized. It's only an experimental blockchain with million codes contain so many vulnerabilities. The volume of EOS has been decreasing a lot. Remember this Ethereum only needs 16 millions to create such a useful manufacturer while EOS needs 4 billions for shitty blockchain.

I don't know what is decentralize in your mind but with 21 block producers EOS is decentralize platform, although it is too early for saying that due to as you said EOS blockchain is experimental and still there are no good signal for EOS to be sucessfull as platform of decentralize application dapps or smart contract, i will wait for this what will happen to them and i don't want make more speculation about the EOS.

21 block producers for a global platform is considered decentralized?

[Tyr808]

EOS is ridiculous. Their EOSRAM (aka EOSCAM) is deliberately a Ponzi.

The one and only thread to ETH is called ETC.

Everything else is just fog.

[GoogleBit]

...wow, guys, I can smell your fear about EOS ... this is the Ethereum thread ;-)