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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1821043 times)
Angel Di
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July 10, 2018, 12:32:32 PM
 #19581

Actually its really true that lots of infrastructures are being layed by the ethereum project. On my country specially, ethereum now can be converted to our fiat(local) money directly. No need to convert to BTC. Directly from ethereum. Which is really great. No more hassle. I am sure, lots of corporation are using ethereum for transferring payment transactions. Soon, ethereum price will soar like btc.
It's really great that you can change your country at once. You really are lucky, we still do not and probably will soon be all change via btc. Smiley

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July 10, 2018, 12:35:16 PM
 #19582

 I love some of the comments made in here. Rationalizing the move of the markets as if they have a clue. Predicting prosperity in the future. LOL...If it smells like poop, its most likely poop...So better not step in it to much you may end up eating some...Or a lot....
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July 10, 2018, 01:07:24 PM
 #19583

Who can tell me what is the cost of mining 1Eth? Vitalik in his own words undermines the trust of investors, I want to know where we can go.

it depends from hardware to hardware are you using to mine it

drwoo
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July 10, 2018, 02:14:22 PM
 #19584

Are you guys experienced that Ethereum gas prices has increased on withdrawals? Right now to be pretty expensive, over 200 Gwei for faster transactions which usually standard gas prices are 5 to 10 gwei. There's experiencing heavy congestion in the Ethereum blockchain again.

I watch it regularly. It all depends on users who foolishly increase the gas price in the pursuit of the speed of the transaction. In the end, everyone suffers.

It's a long term game. In the end there should be an equilibrium that reflects the true transaction price for the network.
There are congestion sometimes and today it happened.
Too bad we need to pay for the higher fees in order to transact but that is alright with me, I know this problem will be solve very soon.

Some years ago we were all hoping that congestion could be a problem one day because it means that so many people try to use the blockchain for transactions.

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July 10, 2018, 02:25:40 PM
 #19585

Who can tell me what is the cost of mining 1Eth? Vitalik in his own words undermines the trust of investors, I want to know where we can go.
You can calculate the reward here: https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=100&p=405.0&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate.
If you are getting hash rate 100Mh/s, you will get 1ETH in like 10months. If you can get the hash rate 1000Mh/s, you will get 1ETH in 3 weeks. It basically depends on how good is you mining tools.  
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July 10, 2018, 06:06:11 PM
 #19586

Who can tell me what is the cost of mining 1Eth? Vitalik in his own words undermines the trust of investors, I want to know where we can go.

it depends from hardware to hardware are you using to mine it
Not only simple as that, The amount of electric power used is also included into its capital. Surely to get more profit it will cost big fund. There is another story if using cloud mining, just only need to buy/rent some hashrate.


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July 10, 2018, 06:28:52 PM
 #19587

Recently, ETH rebounded by 20%, and has now risen to the pressure level of the downward trend line. Temporarily selling part of the position is a good risk control strategy.

Feels like ETH will do what BTC did year 2013 after all time, hopefully ETH gets cheap again so most of us can rebuy. Maybe above $100 each? Cheesy

Not sure that 100$ will be seen again, especially when you look at mining difficulty, but who knows, everything is possible.

 

Guys, the price of the Ethereum will rise. the founder is doing a good job and now there are a lot of project which uses.
just relax and hold, ETH is a great project and it will be big in the future.

Ethereum is still the king when it comes to dApps, but there are others also trying to catch up.

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July 10, 2018, 06:32:26 PM
 #19588

Now even casper has been delayed to 2020, and vitalik seems to ignore new independent offchain scaling solutions like striim.
Not looking good for ETH - especially after failing this latest fcoin airdrop stress test.
Highly likely the ETC flippening is coming. To be safe, in a situation like this anyone holding ETH should hold the same amount of ETC

ETC has no chance to overtake ETH in near future the real support is still with this project. Even ETH network is becoming problematic due to high traffic than high transaction fee is looking terrible but I don't think ETC could take advantage of these issues. There are so many other projects who will become more stronger in future.  
ETC will be going die ASAP after sharding will be implemented. The only problem in ethereum network is the scalability that can be fixed through implementing Off or On chain scaling solution.
ETC just another crap that you don't need to take it seriously. When ethereum goes pos and ETC gets a very big inflation lol

Calling the original ethereum "another crap" is kind of funny...

I would not call ETC poop. It actually runs more efficient and cheaper at this very moment than your precious ETH.
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06/19/11 17:51 Bought BTC 259684.77 for 0.0101


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July 10, 2018, 08:16:08 PM
 #19589

Now even casper has been delayed to 2020, and vitalik seems to ignore new independent offchain scaling solutions like striim.
Not looking good for ETH - especially after failing this latest fcoin airdrop stress test.
Highly likely the ETC flippening is coming. To be safe, in a situation like this anyone holding ETH should hold the same amount of ETC

ETC has no chance to overtake ETH in near future the real support is still with this project. Even ETH network is becoming problematic due to high traffic than high transaction fee is looking terrible but I don't think ETC could take advantage of these issues. There are so many other projects who will become more stronger in future.  
ETC will be going die ASAP after sharding will be implemented. The only problem in ethereum network is the scalability that can be fixed through implementing Off or On chain scaling solution.
ETC just another crap that you don't need to take it seriously. When ethereum goes pos and ETC gets a very big inflation lol
Lisk might be a healthy competition for Ethereum when its finally ready, assuming they didn't open the barn door after the horse bolted. v1.0 is finally in testing.
that could be when ready
but the latest news about eth is that price is down and i think the main reason of price down is the hack of bancor exchange
more then 12 million worth eth coins are moved from bancor to a suspecious wallet
bancoe declare that its a hack. other tokens also gone
check it out here ! https://www.ccn.com/decentralized-crypto-exchange-bancor-hacked-12m-in-ether-stolen/
now the stolen funds are the main reason for downtrend on eth


That has nothing to do with ethereum. If they (bancor) are so stupid and/or unethical to give an address the privileges to literally steal funds from their smart contract but call themselves "decentralized", either they are in bad faith or they don't really get what that word really means. They are not a DEX at all and anyone who had their funds in their smart contract should have learnt a lesson.

There's many other reasons why the price of ETH is dropping, in particular the moot point it seems to have reached with a 1TB+ ledger and transactions which are slow and expensive as much as bitcoin, on top of which no viable scalability solution will be ready until several months ahead, which made me state holding ETH without having the same amount of ETC might not be safe anymore.

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July 10, 2018, 08:28:35 PM
 #19590

Ethereum price is being going down like other altcoins. I already started to increase my Ethereum stocks easy by easy. I think overall Ethereum is a better chance of increasing dramatically than other currencies.
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July 11, 2018, 12:03:36 AM
 #19591

Ethereum price is being going down like other altcoins. I already started to increase my Ethereum stocks easy by easy. I think overall Ethereum is a better chance of increasing dramatically than other currencies.

It seems it is a good opportunity to accumulate more coins at present.
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July 11, 2018, 12:32:39 AM
 #19592

Blockchain implementation across diverse sectors can be a solution to the most foundational problems of mankind. It has the potential to create new foundations for our economic and social systems. This project is a great example.
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July 11, 2018, 08:38:18 AM
 #19593

Ethereum blockchain moving into "phase two", says co-founder Joe Lubin


Joe Lubin

During a panel discussion with Village Global’s Erik Torenberg and Arbor Ventures’ Melissa Guzy, Lubin said the company is moving "into a space where Ethereum can serve as the layer one trust system, and built into Ethereum we’ll have hundreds of thousands of transactions in the layer two systems and we’re going to see that ramified this year."

Lubin gave the example of Plasma, which is an on-chain scaling solution for Ethereum. This was introduced back in August 2017 by Vitalik Buterin and Joseph Poon, creator of Bitcoin’s own Lightning Network, which could also be thought of as a "layer two" solution.

Torenberg agreed that this year would be a transitional one: "if 2017 was the year of the [initial coin offering] ICO, then 2018 is for the building and delivery of products."



Erik Torenberg

https://www.chepicap.com/en/news/2029/ethereum-blockchain-moving-into-phase-two-says-co-founder-joe-lubin.html

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romeox6x
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July 11, 2018, 01:15:24 PM
 #19594

If there is one thing which can cause real trouble to the whole Blockchain sphere it certainly is Quantum Computing. The new technology gives access to a lot more computing power than we have ever had before which could also be used for cracking the security systems of Ethereum network

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July 11, 2018, 03:14:57 PM
 #19595

Ethereum price is being going down like other altcoins. I already started to increase my Ethereum stocks easy by easy. I think overall Ethereum is a better chance of increasing dramatically than other currencies.

It seems it is a good opportunity to accumulate more coins at present.
That's simple common sense. I buy because I do believe in the project not because I can make a profit when the price goes up. Anyway, keep your investments to yourself. Ethereum has the potential to reach its highest!
It has the potential to catch up bitcoin in crpyto-world. The D-App is an epochal-making product and create a significant impact in the decentralised network. Now, I can see more and more people are supporting ETH as the payment method. However, ETH had much to do as the market cap is just 40% of bitcoin. I'll keep my focus on the project in the future.
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July 11, 2018, 07:29:17 PM
 #19596

Ethereum blockchain moving into "phase two", says co-founder Joe Lubin


Joe Lubin

During a panel discussion with Village Global’s Erik Torenberg and Arbor Ventures’ Melissa Guzy, Lubin said the company is moving "into a space where Ethereum can serve as the layer one trust system, and built into Ethereum we’ll have hundreds of thousands of transactions in the layer two systems and we’re going to see that ramified this year."

Lubin gave the example of Plasma, which is an on-chain scaling solution for Ethereum. This was introduced back in August 2017 by Vitalik Buterin and Joseph Poon, creator of Bitcoin’s own Lightning Network, which could also be thought of as a "layer two" solution.

Torenberg agreed that this year would be a transitional one: "if 2017 was the year of the [initial coin offering] ICO, then 2018 is for the building and delivery of products."



Erik Torenberg

https://www.chepicap.com/en/news/2029/ethereum-blockchain-moving-into-phase-two-says-co-founder-joe-lubin.html
that's great news about eth developments
moving into phase two means more speed of transaction and the congestion problem will be solved
i am waiting for the the layer two development so all other projects same like eth but with more transaction speed will be meaning less
and the project using Dapps on eth network will run easy

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July 11, 2018, 08:14:13 PM
 #19597

Vitalik hypothesis of banks running their offchain scaling solutions is slightly controversial.

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July 12, 2018, 03:03:49 AM
 #19598

Ethereum blockchain moving into "phase two", says co-founder Joe Lubin


Joe Lubin

During a panel discussion with Village Global’s Erik Torenberg and Arbor Ventures’ Melissa Guzy, Lubin said the company is moving "into a space where Ethereum can serve as the layer one trust system, and built into Ethereum we’ll have hundreds of thousands of transactions in the layer two systems and we’re going to see that ramified this year."

Lubin gave the example of Plasma, which is an on-chain scaling solution for Ethereum. This was introduced back in August 2017 by Vitalik Buterin and Joseph Poon, creator of Bitcoin’s own Lightning Network, which could also be thought of as a "layer two" solution.

Torenberg agreed that this year would be a transitional one: "if 2017 was the year of the [initial coin offering] ICO, then 2018 is for the building and delivery of products."



Erik Torenberg

https://www.chepicap.com/en/news/2029/ethereum-blockchain-moving-into-phase-two-says-co-founder-joe-lubin.html
that's great news about eth developments
moving into phase two means more speed of transaction and the congestion problem will be solved
i am waiting for the the layer two development so all other projects same like eth but with more transaction speed will be meaning less
and the project using Dapps on eth network will run easy
I will believe the POS will become a very very huge news for every ethereum holders and that's why i was increasing my holders into ethereum as much as i can. Remember ethereum has so many on and off chain development program and that makes sense to see the ethereum phase two will begin.


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July 12, 2018, 09:39:47 AM
 #19599

Ethereum blockchain moving into "phase two", says co-founder Joe Lubin


Joe Lubin

During a panel discussion with Village Global’s Erik Torenberg and Arbor Ventures’ Melissa Guzy, Lubin said the company is moving "into a space where Ethereum can serve as the layer one trust system, and built into Ethereum we’ll have hundreds of thousands of transactions in the layer two systems and we’re going to see that ramified this year."

Lubin gave the example of Plasma, which is an on-chain scaling solution for Ethereum. This was introduced back in August 2017 by Vitalik Buterin and Joseph Poon, creator of Bitcoin’s own Lightning Network, which could also be thought of as a "layer two" solution.

Torenberg agreed that this year would be a transitional one: "if 2017 was the year of the [initial coin offering] ICO, then 2018 is for the building and delivery of products."



Erik Torenberg

https://www.chepicap.com/en/news/2029/ethereum-blockchain-moving-into-phase-two-says-co-founder-joe-lubin.html
that's great news about eth developments
moving into phase two means more speed of transaction and the congestion problem will be solved
i am waiting for the the layer two development so all other projects same like eth but with more transaction speed will be meaning less
and the project using Dapps on eth network will run easy
I will believe the POS will become a very very huge news for every ethereum holders and that's why i was increasing my holders into ethereum as much as i can. Remember ethereum has so many on and off chain development program and that makes sense to see the ethereum phase two will begin.
That's great! we are still holding Ethereum and still trying to filling up bags with Ethereum.
Founders made good decision to start the development, let's hope ethereum network will be not overload again.
There are many positive improvements on the way.

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Tyr808
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July 12, 2018, 01:08:25 PM
 #19600

C

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