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Author Topic: Solution to Etherum  (Read 15715 times)
OluwaTosin10 (OP)
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October 03, 2018, 05:10:06 PM
 #1

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap
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October 03, 2018, 05:30:33 PM
 #2

Etherum low value and ridiculous dump is all due to the block chains fault

Yes, the problems with their blockchain are piling up, starting from the size and transaction speed, all the way down to the pretty much unlimited supply (and the associated inflation problem). Let's see if they can make some progress with the announced upgrade of their network.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain

This is another issue. I once listened to an interview of Vitalik, where he categorically rejected the idea of moderating smart contract on their network. While this is easy to say and avoid any accountability on their part, I think it would be much better for the long term future of Ethereum if they introduced some kind of review process. How hard could be spotting and preventing fake ICO's from using their blockchain? I don't think it could be too hard.
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October 03, 2018, 10:00:43 PM
 #3

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

Yes
I also believe that the Etherum Blockchain contract creation is too easy to own
Which has caused several greedy people to manipulate this into a scamming activity
There are several self drops with selfish aims and objectives

All they do is elope with Etherum and dump all tokens on the gullible investors
We need a review
We need a regulation against contract creation needlessly
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October 03, 2018, 10:15:54 PM
 #4

So far I can only observe ethereum blockchain, and not too far about this. Maybe I can only hear about the opinions of many people talking about this, with my ears. But for now I can only stand still and stand in place. I hope there are even better improvements for ethereum blockchain. Lips sealed
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October 03, 2018, 10:16:14 PM
 #5

Yes this is the main reason ethereum being dumped and their slower development to solve the scalability issues. They really need to review their contract creation parts as due to lower fees there always remain chances of creating fake altcoins by executing scam coin with same ticker.

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October 03, 2018, 10:23:38 PM
 #6

I think that ether is the best way to earn good money and not lose time. I think that it is the best way to solve all financial problems you may have at the moment, just buy coins now and sell later

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October 03, 2018, 11:08:55 PM
 #7

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap
It will be much better if ethereum change its policies to create a new ethereum assets. so many scam tokens are using it right now as far as i know PKG token, Futurax and any other shit token that has created in etheruem platform are using it. it has become the main problem and it's even worst than the scalability problem of ethereum.

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October 03, 2018, 11:30:28 PM
 #8

Ethereum has given us the power to do what Bitcoins couldn't do, that is owing our own tokens without much infrastructure and technology development from the contract creator. There is a downside in every good thing and I think many people owing it doesn't make it bad.
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October 03, 2018, 11:48:47 PM
 #9

Ethereum has given us the power to do what Bitcoins couldn't do, that is owing our own tokens without much infrastructure and technology development from the contract creator. There is a downside in every good thing and I think many people owing it doesn't make it bad.

That's the reason why many creators abused the eth platform.
They make this system as their playing ground of getting money from naive users.
Though waves asset is very easy to create than eth token, yet, many developers prefer to create under eth platform because of its popularity of usage.


This is another issue. I once listened to an interview of Vitalik, where he categorically rejected the idea of moderating smart contract on their network. While this is easy to say and avoid any accountability on their part, I think it would be much better for the long term future of Ethereum if they introduced some kind of review process. How hard could be spotting and preventing fake ICO's from using their blockchain? I don't think it could be too hard.

Loose regulations in creating smart contract will bring a lot of scam/crap tokens.
If the eth dev team will just provide some sort of regulations, number of scammers might lessen.
But that's a lot of work to do on their part. Good research/investigative team is needed to implement such system.
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October 03, 2018, 11:55:53 PM
 #10

There were a lot of competitors emerged

And I would say, investors has now a lot of choices on a particular tokens and technology approach

ETH new and existing investors are also keen on this and might switch to the most profitable technology

Adding up BTC price dips that affected almost all price cryptos


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October 04, 2018, 12:02:10 AM
 #11

Ethereum has problems with transactions and everyone understands and knows it well ! But I think the development team is easy to fix the situation. Ethereum has the best blockchain and the minimum number of errors in the network compared to other platforms for creating and transferring tokens !

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October 04, 2018, 12:18:43 AM
 #12

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.
yes this is true, but not just in Ethereum blockchain this happening, but all platform that has a smart contracts. they are all give a chance to scam more people in this field of crypto.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

I think the only one thing to solve this problem is to implement a KYC to all incoming projects to create in their blockchain. this can be lessen a scam projects that continuing scamming all investors in this field.
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October 04, 2018, 12:23:08 AM
 #13

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

I think the purpose of ethereum being too easy and conveniently cheap is to provide a platform for community developers with less resources. In any platform, there will always be scammers or abusers.
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October 04, 2018, 12:35:32 AM
 #14

I too believe its the incapability of Ethereum blockchain that's driving the decrease in price of it. The transaction delay and cost are on rise and the blockchain is not being able to handle the increasing number of dapps and smart contract related transactions that are forcing people to find and alternative.
About the review of contract creation term, it would undermine the ethics ethereum stands on. Every apps and contract are to be looked as simple user of the blockchain. You can't ban a user to ease the blockchain rather they should focus on improving on their side.



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October 04, 2018, 12:38:19 AM
 #15

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently  cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

lol, Ethereum is doing fine compared to the other altcoins.  It still has strong volume and is the number 2 crypto.  If you want to speak negative things you should be talking about centralized EOS or ripple.
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October 04, 2018, 01:41:25 AM
 #16



Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain


Overcome you mean in market cap?
ETH is the leading platform with a large advantage over any competitor. All other projects are still far away. EOS just released its mainnet full of bugs.

There is not yet a decentralized platform that competes with ETH in smartcontracts.

And if it is cheap and free to create tokens in it. Even better. That means more use and more utility. ETH is not store of value. But of course, over time and with the amount of people using and with the small stock, we will have a blast in the value of ETH.
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October 04, 2018, 11:26:37 AM
 #17

This is another issue. I once listened to an interview of Vitalik, where he categorically rejected the idea of moderating smart contract on their network. While this is easy to say and avoid any accountability on their part, I think it would be much better for the long term future of Ethereum if they introduced some kind of review process. How hard could be spotting and preventing fake ICO's from using their blockchain? I don't think it could be too hard.

I think preventing scams of using their blockchain would bot match his philosophy.

This could be seen as
- centralization. You can't use MY blockchain.
- censorship. Your company values do not match my blockchain standards. Why? Because you voted for trump? Racism? Because your company associated with banks?

Also, there are thousands of new tokens being created, monitoring everyone to see if it's a "scam " is hard. This is something subjective.

I believe the whole idea of crypto is decentralization and let people decide what is good for them. Actions like this sounds like politicians who "know what is best for us". Let we decide what is good for us.

What I believe could be implemented is some sort of limitation for this "Turin complete" smartcontracts, as this can cause security issues

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October 04, 2018, 11:41:54 PM
 #18

I think if the Etherum platform has some regulation to contract creation
It would definitely limit fraudulent activities

How about Basic regulations that improves the services the contract creation offers
There has to be some manner to stop the cheap scam going around
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October 04, 2018, 11:55:37 PM
 #19

Ethereum is very low, and this is the lowest point on Ethereum, and all this makes us begin to panic with the unwanted reality, what causes all this to happen? Could Ethereum rise again like last year? Are your beliefs with Ethereum now beginning to decrease?

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October 27, 2018, 09:21:38 PM
 #20

I’m not a fan of Etherum as a token
But it’s a fantastic project with a good Blockchain technology and their smart contract concepts makes it a lot more enjoyable

But the price is so rile, I consider it an hype coin
Don’t fall for Etherum advances if you are not a long term Hodler
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