boopy265420
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January 04, 2019, 09:22:11 AM |
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What we have seen in past POS leads to more centralization because to mint/stake tokens you need more and more tokens for bigger piece of pie. Many addresses don't even qualify for staking because of their weight which stays lighter than network. In case of Ethereum how these basic rules will change or what solutions will be introduced will remain to see. In market ETH looks in good mood to lead the market just like 2017.
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No Gods or Kings. Only Bitcoin
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asdlolciterquit
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January 04, 2019, 10:10:29 AM |
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i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2. Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.
Is it a reason to make value of x higher?
can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine here the math is very simple mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token. I don't remenber well, but the last halving of btc, did not bring a rise of the price..
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big_daddy
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January 04, 2019, 12:31:56 PM |
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i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2. Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.
Is it a reason to make value of x higher?
can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine here the math is very simple mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token. I don't remenber well, but the last halving of btc, did not bring a rise of the price.. it does :-) of course it does, the last BTC halving was implemented summer 2016. and BTC was sitting on ~650$, a year later was sitting on ~2.500 $ it's a spike of ~280% so, my logic drives me thinking that ETH can do a significant run in the next year, before the final POS implementation
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If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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big_daddy
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January 04, 2019, 01:18:22 PM |
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the ETCV and ETN are airdrops the real implementation on the ethereum that will affect ETH will be Constantinople mainnet hard fork scheduled for block #7080000
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If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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TeraBite
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January 04, 2019, 02:52:15 PM |
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That's confusing thing for all holders when we mix up it other stuff there is only 1 hard fork is planned from the official team. Rest of them are just like ordinary airdrop so no need to take them as serious the original hard fork which will happen on block #7080000
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digitalblock
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January 04, 2019, 03:20:57 PM |
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I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.
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dr.cheema
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January 04, 2019, 03:49:39 PM |
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That's confusing thing for all holders when we mix up it other stuff there is only 1 hard fork is planned from the official team. Rest of them are just like ordinary airdrop so no need to take them as serious the original hard fork which will happen on block #7080000 Yeah that's really confusing but why these shit websites spreading this kind of false news about Ethereum fork? Even there is only one hard fork on block #7080000 as you said. Thanks for info!
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GrosWesh
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January 04, 2019, 04:14:33 PM |
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I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.
Any link to this announcement, please ?
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asche
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I forgot more than you will ever know.
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January 04, 2019, 04:27:03 PM |
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I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.
BS. They will not support ETCV or the other crap. They will only change your ETH to "Constantinople ETH".
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Piston Honda
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Juicin' crypto
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January 04, 2019, 04:45:47 PM |
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then binance is even more retarded than i thought lol.
wtf these exchanges are a joke.
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$ADK ~ watch & learn...
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Javi_Anibarro
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tBTC - https://dapp.tbtc.network/
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January 04, 2019, 06:08:10 PM |
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then binance is even more retarded than i thought lol.
wtf these exchanges are a joke.
Sorry, why so? Binance and other exchanges will support the hardfork in the future, it is necessary because ETH's developer is going to upgrade their system. do not you think that it makes more sense for them to support this hardfork? based on the source that I get, we are only seeing an upgrade and there will be no more crap coin created because of this hardfork. how could you say joke when they are fully supporting this upgrade? or something is missing?
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Saverenergy
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January 04, 2019, 06:09:23 PM |
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What we have seen in past POS leads to more centralization because to mint/stake tokens you need more and more tokens for bigger piece of pie. Many addresses don't even qualify for staking because of their weight which stays lighter than network. In case of Ethereum how these basic rules will change or what solutions will be introduced will remain to see. In market ETH looks in good mood to lead the market just like 2017.
And now in your opinion is not centralization of Ether? People owning large amounts of Ether manipulate the market by selling (buying) coins.
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BTCIR
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January 04, 2019, 07:12:14 PM |
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Is this the longest thread on BitcoinTalk?
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GrosWesh
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January 04, 2019, 07:12:22 PM |
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Binance and other exchanges will support the hardfork in the future, it is necessary because ETH's developer is going to upgrade their system. do not you think that it makes more sense for them to support this hardfork? based on the source that I get, we are only seeing an upgrade and there will be no more crap coin created because of this hardfork. how could you say joke when they are fully supporting this upgrade? or something is missing?
I think people are not talking about 'Constantinople' fork but it concerned rather the other two forks. One seems to be (at least) a shitcoin (Classic Vision Fork : https://bitcointalk.org/index.php?topic=5089443.0) and the other as already been detected as a probable scam (Nowa fork --> https://bitcointalk.org/index.php?topic=5079183.0).
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Odeoke
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January 04, 2019, 07:22:04 PM |
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Is this the longest thread on BitcoinTalk?
Do you mean by pages than No. There are some other topics who have more pages as compare with thread but it doesn't how many pages any thread the use case and bigger community is the key of success.
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cool4y
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January 04, 2019, 07:47:21 PM |
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Constantinopole is the main protocol update, whereas nowa is more likely a scam. On the other hand, ETCV seems to me more of an aidrop than a fork. I'm hopeful that Eth will regain its old glory and fame in the crypto space.
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Javi_Anibarro
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tBTC - https://dapp.tbtc.network/
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January 04, 2019, 08:11:41 PM |
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Binance and other exchanges will support the hardfork in the future, it is necessary because ETH's developer is going to upgrade their system. do not you think that it makes more sense for them to support this hardfork? based on the source that I get, we are only seeing an upgrade and there will be no more crap coin created because of this hardfork. how could you say joke when they are fully supporting this upgrade? or something is missing?
I think people are not talking about 'Constantinople' fork but it concerned rather the other two forks. One seems to be (at least) a shitcoin (Classic Vision Fork : https://bitcointalk.org/index.php?topic=5089443.0) and the other as already been detected as a probable scam (Nowa fork --> https://bitcointalk.org/index.php?topic=5079183.0). It is very obvious that he was talking about the exchanges, especially Binance because they are supporting the hardfork. the other two forks have nothing to do with ETH itself because one of them was labeled as a scam project by the community a week ago and the other one is an airdrop(even though their source code is forked from ETH). that was why I asked him, why he was angry with those exchanges because of the upgrade.
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cavisloypms
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January 04, 2019, 10:06:56 PM |
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Ethereum is quite reliable.
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