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Keep the Faith (self.ethereum)

5mincoffee が 投稿

Don't Attack, Support Instead

Attacking ETC is just taking your hashrate away from ETH and putting it into the ETC chain.

Just keep on with supporting your chain of choice.

Keep the faith

Don't waste your force, chi, or whatever you call the spirit that fuels your crypto mining interest.

Keep the faith

“You are the salt of the earth. But if the salt loses its saltiness, how can it be made salty again? It is no longer good for anything, except to be thrown out and trampled underfoot."

Shine a light, show your faith, darkness has nothing that it can offer. You can't 'shine' darkness.

Keep the faith

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ベスト新着論争中古い順Q&A

[–]CrystalETH_ 19ポイント20ポイント  (0子コメント)

Yes. We should not show our strength by attacking ETC, but by showing others what we can accomplish together with ETH.

[–]mmitech 16ポイント17ポイント  (3子コメント)

Sounds like a cult talk to me

[–]dallyshalla 0ポイント1ポイント  (0子コメント)

I think its very good energy, the comments, if ETC does the same, will both chains rise?

[–]BitcoinBlueRedditor for 2 years with less than 100 comment karma. -3ポイント-2ポイント  (0子コメント)

The bailout cult.

"Risk free" investments cult. (hard fork will save every bad investment)

[–]TreeOfLibrty 6ポイント7ポイント  (1子コメント)

But at that same time, ETC attackers can now switch to disrupt ETH with the same hashrate they lured ETH power with.

This is not true. As of right now it would only take about 500GH/s to attack ETC and shut it down for good.

The Ethereum network fluctuates daily over the past week between 3,800 GH/s - 4,200 GH/s. So, if only 500GH/s pull away from Ethereum for a period of time to conduct 'whatever', that in no way shape or form exposes Ethereum's network to any kind of 51% attack vulnerability.

I guess basically, you do understand that you need to match said network's hashrate in order to have a chance at conducting a successful 51% attack?

BTW, I'm not advocating for or against anything here, just correcting erroneous bad assumptions.

[–]5mincoffee[S] 1ポイント2ポイント  (0子コメント)

You are right. That is a misnomer on my part.

[–]NewToETH 6ポイント7ポイント  (4子コメント)

Many of us are here for PoS and scaling the protocol. ETC may HF but their ideology will make it hard to keep up. We need to sever the ties to the chain and let them go on their own.

[–]biglambda 3ポイント4ポイント  (0子コメント)

Hey there, I don't think ETC is against hardforking. We just want the network to be neutral and immutable in terms of state. We've already had a bunch of discussions about how we will hardfork in the future, there is not a lot of contention. We also want to do safer hardforks, like putting a 90% mining threshold on the code, as was done in BitcoinXT.

Anyway I don't see why the two networks can't just coexist, they just represent a philosophical shism that isn't likely to be crossed.

[–]FaceDeer 1ポイント2ポイント  (0子コメント)

Their "ideology" is mainly centered around not doing hardforks to change the blockchain state. That has nothing to do with protocol evolution. Assuming Ethereum never does another DAO-style "rescue" fork there's no reason why both networks can't continue running on the same protocol and software indefinitely.

[–]goldcakes 2ポイント3ポイント  (1子コメント)

Hey! As an ETC supporter, I am not against hard forking at all. I am only against bailouts, especially when there is a conflict of interest as with everyone in the Ethereum Foundation.

ETC will be getting PoS, Casper, etc, and everything. From a code perspective, our network is identical with the sole exception of not adopting the bailout contract. This means that patches on Ethereum can be applied to ETC almost identically 99.9% of the time.

[–]Noosterdam -1ポイント0ポイント  (0子コメント)

If it gets these things by hard fork, it will also not be getting these things (on the other side of the fork). It is analogous to ETC itself vs. ETH. The market will decide on each change. This is now a proven paradigm.

[–]WhySoS3rious 6ポイント7ポイント  (8子コメント)

As much as I dislike the current situation and the trolling, aggresive attitude of those that are targeted by this potential 51% attack, I think this is 100% right.

Just let them be, don't feel insecure, the ethereum ecosystem is much more than just a blockchain and with the time this will appear clearly.

Just get back to coding, learning, marketing ... anything you were doing to develop the ecosystem before this whole story ! :)

note : this was posted in the now deleted post about the 51% attack, so I'm reposting it here since it's very related.

[–]commonreallynow 1ポイント2ポイント  (0子コメント)

don't feel insecure

I think this is the root of hostilities on both sides. The ETC folks will not stop demeaning the main chain until their own insecurities are resolved. For some people that means price parity. For others that means the complete demise of ETH. So I really don't see us ever being rid of daily aggression from at least a subset of people on the unforked chain.

Hopefully their presence just becomes ridiculous and we get used to it.

[–]bitp -1ポイント0ポイント  (6子コメント)

the ethereum ecosystem is much more than just a blockchain

This is where I disagree. Blockchain is the backbone of any cryptocurrency ecosystem. Bitcoin sans blockchain existed before Satoshi in other forms. Satoshi's invention was blockchain, and that is what revolutionized crypto currencies. You broke the backbone of your project, and you will have to face the consequences.

[–]WhySoS3rious 2ポイント3ポイント  (5子コメント)

Again the aggresive behavior I was talking about, thanks for the example. We leave you be, but you can't. I would advise to stop wasting your time.

I'll reformulate more clearly one last time for you and leave you be :)

Ethereum = a blockchain + developers + dapps + governance + sponsors + more ...

ETC = a blockchain + ?

[–]Noosterdam 1ポイント2ポイント  (1子コメント)

So arguing against you is aggressive behavior?

Every developer innovation and dapp can be copied over into ETC with trivial ease. The ETH brand of "governance" so far has been exactly what ETC doesn't want.

ETH = a blockchain that acts like a slow and expensive permissioned ledger and proudly is still in testnet mode and has a bunch of mutually conflicting visions even for its basic functionality, depending on who you ask

ETC = a blockchain that is out of testnet and is play-for-keeps, has all the same tech, costs a tenth the price, with gas costs a tenth those of ETH, and with a clear vision for its basic functionality

Which one do you think is going to be more attractive to prospective investors?

[–]WhySoS3rious 0ポイント1ポイント  (0子コメント)

I'm always in favor of a gentlemen discussion but the aggressive tone is also apparent in your message (and in your post history).

I'm not even going to try to argue about the pure non sense and lies that make the content of your message.

[–]ttggtthhh -1ポイント0ポイント  (0子コメント)

This is where I disagree.

Again the aggresive behavior I was talking about

At least try not to be so transparent when you call disagreement an aggression.

[–]the_bob 1ポイント2ポイント  (4子コメント)

Keep the faith sounds like religious zealotry.

[–]5mincoffee[S] 2ポイント3ポイント  (3子コメント)

I like to think of it as more 'spiritual' than 'religious'. Zealotry yes. But there is nothing wrong with that. What about Chandler Guo's religious zealotry? What is faith anyways? Faith — "the assurance of what we hope for and the certainty of what we do not see." I have faith in the people and process and passion of the Eth Foundation and the confidence of the majority of miners. And based on that faith also that this will succeed in the long run. A bit religious I admit :)

[–]the_bob -2ポイント-1ポイント  (2子コメント)

It's just a little humor considering "religious zealotry" is thrown around in this subreddit frequently (mostly to discredit bitcoiners or ETC folks).

[–]5mincoffee[S] 3ポイント4ポイント  (1子コメント)

OK even I am getting too serious about this sh!t. Time to go enjoy the good weather and leave reddit to the pros.

[–]MeatsackMescalero 2ポイント3ポイント  (0子コメント)

So, ETH is a cult now huh?

[–]seweso 1ポイント2ポイント  (4子コメント)

There is no faith to be lost. Any miner can mine whatever is most profitable. Any exchanges should be able to support whatever coin which earns them money.

But what you should not do is dump ETH for ETC because you are scared. That doesn't lead to smart decisions.

Don't rely on faith, don't fall for FUD. Just use your brains. Support who you want to support.

[–]goldcakes -3ポイント-2ポイント  (3子コメント)

I sold all my ETH for ETC shortly after the hard fork.

Can you please explain why exchanging 2750 ETH for 120,000 ETC (plus my 2750 ETC) wasn't a 'smart decision'?

ETC is here to stay. It's not certain that ETH will survive, when all DAO holders have been compensated and have no reason to stay on ETH.

[–]seweso 3ポイント4ポイント  (1子コメント)

Can you please explain why exchanging 2750 ETH for 120,000 ETC (plus my 2750 ETC) wasn't a 'smart decision'?

Because it's only value proposition is currently not doing something. It needs an ecosystem, users, developers and businesses to actually have real value.

[–]Noosterdam 0ポイント1ポイント  (0子コメント)

ETH has no significant number of users or businesses (want to count slock.it? Go right ahead), since it has no significant uses yet, so ETC and ETH are equal in that regard.

Developer code can be copied over easily, so that is irrelevant except maybe in emergency situations (and the ETH devs have a horrible track record there anyway, as goes without saying).

Ecosystem? Okay, vague. What is clear is that ETC is a tenth the price, has a clear and broadly agreed-upon vision on what basic functionality should be while ETH does not, and has set a precedent of being a play-for-keeps chain while ETH is proudly in testnet mode (according to many here, though they use prettier terms for it).

Which looks like a better investment?

[–]commonreallynow 1ポイント2ポイント  (0子コメント)

You know Expanse is even cheaper right now! By your logic, you'd be even better off by selling all your ETC and buying EXP!

[–]0x8000 0ポイント1ポイント  (0子コメント)

Your message made me want to smoke some weed

[–][削除されました]  (4子コメント)

[removed]

    [–]huhn_solo 3ポイント4ポイント  (2子コメント)

    C'mon, could we please leave the kindergarten behind us? ;)

    [–]5mincoffee[S] 0ポイント1ポイント  (1子コメント)

    Everything I need to know in life I learned in kindergarten. https://www.goodreads.com/work/quotes/2399046-all-i-really-need-to-know-i-learned-in-kindergarten

    [–]huhn_solo 0ポイント1ポイント  (0子コメント)

    Really? I'm still learning and hope it stays that way...

    [–]5mincoffee[S] 2ポイント3ポイント  (0子コメント)

    Live by the sword Die by the sword Put away your sword Have the last word Not the last sword

    [–]mikeblue7 -2ポイント-1ポイント  (2子コメント)

    ETC = mostly bitcoiners who missed the ETH train. ETC is probably gonna stay, but I doubt its value would get anywhere close to ETH.

    [–]Lejitz 9ポイント10ポイント  (0子コメント)

    ETC is probably gonna stay, but I doubt its value would get anywhere close to ETH.

    Why? We Bitcoiners have like 10x the value of ETH tied up in crypto. If we all hedge like 5% of that in ETC (the chain where only private keys move coins) then we will surpass ETH's current (declining) market cap.

    Even worse for ETH is that because of the current hash rate/difficulty/etc. the same price movement in ETC vs ETH results in about 5x the profitability increase to the miners (hint: this could be the real reason cnLedger is moving his hash rather than nobility). Accordingly, it will be real easy for us Bitcoiners to win back that hash rate.

    Thanks for the cheddar! You guys can dump all your real coins for the forgery.

    [–]Introshine 2ポイント3ポイント  (0子コメント)

    All larger ETH investors were BTC'ers. The only way to invest in IPO was Bitcoin.

    [–]L0K3N -2ポイント-1ポイント  (0子コメント)

    Faith is for idiots. So are 51% attacks.

    [–]FranciscoDankonia -2ポイント-1ポイント  (0子コメント)

    Are you ten years old?