[ANN] Ethereum: Welcome to the Beginning

[drwoo]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

We must be more patience due to however the technology behind of the ethereum is still new in the world, it can be called as beta version give time for the developer of team to fix the scaling issues in ethereum's platform and any other related with the technology of ethereum, at least we know that ethereum has good potential in the future to change the world to be more better than right now.

Yes it does have good potential and I think hardly anyone doubts that the potential exists. However, as I said before we need some real working products soon.

[big_daddy]

Buy ether now
Its on the bottom right now

I have a good feeling about this

[bitcoindian]

I have a question about smart contract. It is possible to make many contracts in a token? I mean using for example token ERC20 to make many contract for economy model ?

Through Smart Contract blockchain we can make coin but they are not related to Ethereum but they are ERC20 token with a different name. Ethereum blockchain is designed on the basis of Smart Contract technology today many countries showing interest towards this blockchain.

[ipsec]

Through Smart Contract blockchain we can make coin but they are not related to Ethereum but they are ERC20 token with a different name. Ethereum blockchain is designed on the basis of Smart Contract technology today many countries showing interest towards this blockchain.

You have not written anything new. I asked about something else. You want to have more posts ?

[BitcoinArsenal]

https://ethgasstation.info/index.php
https://etherscan.io/gastracker

These are very useful to calculate the gas price I made a lot of transactions today all went smoothly without any problem at the moment this network is in normal mode. No need to put too high fee there.

Thanks for the links. How can one calculate how much Gas is enough for a specific amount of ERC20 tokens? Suppose I want to transfer 5000 tokens, is the gas price different than if I were transferring 1 token?

[mandibleclaw]

Through Smart Contract blockchain we can make coin but they are not related to Ethereum but they are ERC20 token with a different name. Ethereum blockchain is designed on the basis of Smart Contract technology today many countries showing interest towards this blockchain.

You have not written anything new. I asked about something else. You want to have more posts ?

It's quite a question, I don't understand what you're asking honestly. You can have many functions on a token's contract, you can call other smart contracts with those functions as well. It's better if you ask this question on reddit to /u/vbuterin directly, he's very active over there

[Hullo]

It is always good time to buy tokens like Ethereum as in spite of all these existing issues they are going to see increase in its value. There is no immediate solution nor alternative in near future so no risk real risk at this moment. I also had one small issue but at increasing of gas that transaction was confirmed with a minute. Not everyone is encountering serious issues in my opinion.

[revilo]

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 it was on April 1st and he admitted that it was supposed to be a semi joke to see how the community actually responds. It turned out that there was more to the cap idea than Vitalik might have thought and the discussion was pretty good. Yes it would be that only transaction fees go towards staking nodes.

[ivanovmoscow]

It is always good time to buy tokens like Ethereum as in spite of all these existing issues they are going to see increase in its value. There is no immediate solution nor alternative in near future so no risk real risk at this moment. I also had one small issue but at increasing of gas that transaction was confirmed with a minute. Not everyone is encountering serious issues in my opinion.

I think the problem of the cost of transactions will be solved by moving at least partially to the POS. Then any attempt to spam the network will collide with the wall. The main thing is to move on, and then everyone pulls and pulls with this business and it's not clear if they start at all.

[romeox6x]

ETH ASIC miners have an expense benefit over GPU miners that is only going to grow as time passes. At this time, thankfully rewards remain high enough to keep GPU miners in the overall game - assisting to maintain some extent of decentralized mining to raised secure the blockchain. but after casper it'll be different game

[AndoLeone]

Without a doubt, ETH needs changes and improvements. Now many people say that it has competitors, but I think that it is difficult for someone to overtake ETH. And I believe that the price will increase.

[big_daddy]

ETH ASIC miners have an expense benefit over GPU miners that is only going to grow as time passes. At this time, thankfully rewards remain high enough to keep GPU miners in the overall game - assisting to maintain some extent of decentralized mining to raised secure the blockchain. but after casper it'll be different game

There is no daggerhasimoto asic machine on the market
Those from birmain are not real asic chips, so, eth and other equal algos are still asic proof

[Davidbike1]

Come on Ethereum, let's make some gains! Eth/Btc ratio is low right now.  This might be the best time for a quick reversal because the demand for bitcoin will be higher as we approach closer to the Sec decision for the bitcoin ETF.

Having bought Ethereum Ripple Litecoin Dash, and darn all I did was lose more money on poloniex margin. They all look very low but there is just no sign of any of them coming back right now. All of their ratios have done nothing but get worse.

[Vouchforme]

Thank you for such a great project   our  mission and idea is build on Ethereum

wish you luck with updates and upgrades of Ethereum network

[clixcoin]

Thank you for such a great project   our  mission and idea is build on Ethereum

wish you luck with updates and upgrades of Ethereum network

What is secret mission you have which you want to build on top of the Ethereum blockchain. When this kind of comment than it is really surprising in what direction this community is moving and we really need this?

[hzjixiang]

Reducing block rewards will harm GPU miners the most creating threat of increased mining centralization. In the event that you reduce the prevent reward and kick ASICs from the network with a PoW change, it is possible to improve decentralization, protect GPU mining bonuses, and reduce inflation, The developers are currently talking about what EIPs relating to the forthcoming Constantinople hard fork.

[IncludeBeer]

Thank you for such a great project   our  mission and idea is build on Ethereum

wish you luck with updates and upgrades of Ethereum network

What is secret mission you have which you want to build on top of the Ethereum blockchain. When this kind of comment than it is really surprising in what direction this community is moving and we really need this?

lol what? No surprise at all: Ethereum was built to have dapps built on top of it.

[mandibleclaw]

ETH ASIC miners have an expense benefit over GPU miners that is only going to grow as time passes. At this time, thankfully rewards remain high enough to keep GPU miners in the overall game - assisting to maintain some extent of decentralized mining to raised secure the blockchain. but after casper it'll be different game

There is no daggerhasimoto asic machine on the market
Those from birmain are not real asic chips, so, eth and other equal algos are still asic proof

So you're telling me that Antminer E3 (https://www.cryptocompare.com/mining/bitmain/antminer-e3/) doesn't work with ethereum? Why? Since it works for ethash algorithm, I don't see why you can't mine ethereum blocks...

[drwoo]

Without a doubt, ETH needs changes and improvements. Now many people say that it has competitors, but I think that it is difficult for someone to overtake ETH. And I believe that the price will increase.

That is all underway if you check out the latest interviews with the core developers. Once these things are ready and enfold their potential we will see better times.

[trader1a]

ETH ASIC miners have an expense benefit over GPU miners that is only going to grow as time passes. At this time, thankfully rewards remain high enough to keep GPU miners in the overall game - assisting to maintain some extent of decentralized mining to raised secure the blockchain. but after casper it'll be different game

There is no daggerhasimoto asic machine on the market
Those from birmain are not real asic chips, so, eth and other equal algos are still asic proof

So you're telling me that Antminer E3 (https://www.cryptocompare.com/mining/bitmain/antminer-e3/) doesn't work with ethereum? Why? Since it works for ethash algorithm, I don't see why you can't mine ethereum blocks...

It is the same hash/watt as with gpus. "ETH ASIC miners have" not "an expense benefit over GPU miners".