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Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees • r/ethereum (reddit.com)

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[–]Leithm 54 ポイント55 ポイント  (35子コメント)

Yeh, and 1mb blocks are dangerous /s

[–]BlockchainMaster 3 ポイント4 ポイント  (0子コメント)

"640K of memory is more than anyone needs"

[–]Mordan 2 ポイント3 ポイント  (8子コメント)

install the blockchain on your computer and keep it synced. then come back with your opinion of big blocks.

that's the difference between peer to peer coin and a corporate coin.

[–]huntingisland 5 ポイント6 ポイント  (2子コメント)

install the blockchain on your computer and keep it synced. then come back with your opinion of big blocks. that's the difference between peer to peer coin and a corporate coin.

With Parity the current (pruned) Ethereum is 10GB. So it will easily fit on the smallest SD card I still use with my digital cameras.

[–]Mordan 0 ポイント1 ポイント  (1子コメント)

well do it then if it is so easy... keep it in synced too... because otherwise u gotta trust the source of the pruned blockchain.

[–]huntingisland 5 ポイント6 ポイント  (0子コメント)

I'm running Geth right now, could just as easily use Parity. And since pruning isn't implemented in Geth, I simply re fast-sync every few months to keep the Blockchain folder small on my 256GB SSD.

Right now, you don't have to trust the source of the pruned blockchain, because of accumulated proof-of-work.

When Ethereum switches to PoS you will need to use OOB techniques to ensure that you are connected to the canonical blockchain. But that's no big deal - since we need OOB to download the right client software anyway.

[–]moleccc 4 ポイント5 ポイント  (3子コメント)

install the blockchain on your computer and keep it synced. then come back with your opinion of big blocks.

you copy-paste this sentence a lot? I've read it before. here you posted it also

[–]Mordan 0 ポイント1 ポイント  (2子コメント)

just teaching a few noobs about reality. peer to peer coin vs corporate coin. you don't it like heh?

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

lmao I've had an eth node running since before the dao and my computer is garbage trash from 2011. welcome to moore's law bucko.

well sorta moore's law but for magnetic point density instead of transistor count but whatevs

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

Oh yeah? I bet you can't run an ETH node on a 1989 Casio wristwatch though!

[–]Leithm 0 ポイント1 ポイント  (0子コメント)

Why would I do that. Might as well say build a hydro dam in rural China and spend 10 million dollars in mining gear so I can propagate my own blocks. Or I could just use my phone?

[–]alsomahler 0 ポイント1 ポイント  (8子コメント)

Are you joking that they're already too large or that they are too small? Or that the exact size of 1mb is dangerous ;)

[–]Leithm 13 ポイント14 ポイント  (7子コメント)

I'm pointing out the stupidity of Luke's statement that 1mb are dangerous.

[–]CluelessZacPerson -2 ポイント-1 ポイント  (15子コメント)

Ethereum's blockchain size is also growing at a stupid rate.

Good luck with that.

[–]azlad 7 ポイント8 ポイント  (9子コメント)

This always makes me laugh. Storage is your concern? We have multi terabyte hard drives. More data is being created and stored today than ever. And your worried about hard drive space, something that has been and continues to increase at an exponential rate? 2 TB SSDs are available for about 200 bucks if you bargain hunt. But yeah storage is gonna be the problem.

Can't see the forest through the trees I guess.

EDIT: I was incorrect, 2TB SSDs are pricey still. I got one during a big sale and I was wrong to think they were coming down that far.

However, an 8 TB HDD is 250 bucks. That takes care of the blockchain for the next 5ish years with a lot of growth in transaction volume. So if we somehow stop making advancements in storage space (its doubling every 6-12 months), we're still fine for the next 5 years. This point makes no sense, anyone who thinks size is a problem needs to take a step past 1998.

[–]slacknation 1 ポイント2 ポイント  (2子コメント)

2 TB SSDs are available for about 200 bucks

got a link?

[–]azlad 0 ポイント1 ポイント  (1子コメント)

A SSD is a reach, I shouldn't have said SSD. I got one a month ago during an amazon Flash sale for 350. Not quite 200. You don't really need an SSD for this though.

https://www.amazon.com/Seagate-BarraCuda-3-5-Inch-Internal-ST2000DM006/dp/B01IEKG402/ref=sr_1_2?s=electronics&ie=UTF8&qid=1499367353&sr=1-2&keywords=2+TB+HDD

2 TB HDD, 65 bucks. GTFO with the storage is a concern nonsense. Storage is a concern for enterprises in terms of how to solve storage for large data sets. For storage of anything under 5TB it's a non issue. Period.

https://www.amazon.com/Seagate-BarraCuda-3-5-Inch-Internal-ST4000DM005/dp/B01LNJBA50/ref=sr_1_3?s=electronics&ie=UTF8&qid=1499367644&sr=1-3&keywords=4+TB+HDD

How about 4TB for 100 bucks? Are we still worried? No, we're not. Data storage is cheap and its getting cheaper every year. Storage jobs are vanishing because cloud storage is able to store more data than exists in the world right now by a long shot. Hard drives are doubling in size every 6-12 months. And we're concerned about 400 GB of data growth or more a year? What utter nonsense.

Source: I store your healthcare data and there is a lot more of that being created and stored daily than fucking blockchain transactions. I get paid deep 6 figures for this.

[–]huntingisland 4 ポイント5 ポイント  (2子コメント)

Ethereum's blockchain size is also growing at a stupid rate. Good luck with that.

Ethereum doesn't have a blockchain size, as it's prunable.

[–]kattbilder 0 ポイント1 ポイント  (1子コメント)

Yet you still need to download and process the blocks?

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

No. You just download the block headers and verify the Patricia tries.

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

You might want to read this: https://www.reddit.com/r/btc/comments/6ldssd/so_no_worries_ethereums_long_term_value_is_still/djt6opz

[–]Leithm 1 ポイント2 ポイント  (0子コメント)

Stupid? it would take 10 years to fill up a 200 dollar hard drive and that's without pruning, which has already been implemented on most fully validating ether clients reducing the size by 80 to 90 percent.

[–]justgord 41 ポイント42 ポイント  (2子コメント)

It is an important datapoint..

ETH could win because of this feature alone [ even though its current utility and hype seems to be around smart/programmable contracts ]

certainly people are avoiding trading daily in BTC as the costs are too high for small stuff. It cant just be the currency I use to buy a car or house or expensive Bianchi bike - I need to be able to buy a cheap flight online with it, donate funds to Bernie Sanders [ or even Trump :] and purchase a coffee. I dont need to wait around 5mins for the coffee trans to clear, for sure, but anything more than 50 bucks I need to have certainty its been paid, or Ive been paid. [ I turn down work on paypal because I can never trust it wont be reversed.. its soo much better than banks, but it still sucks. ]

I actually haven't read much about side chains... but it seems that it needs to become a graph rather than a chain of transactions, so it can scale.

I think we should be looking at raising block size soon and take all other approaches like side chains seriously .. there will be so many technical upgrades, we need a process to make upgrades smooth, so technology that has been shown to be mature and trustworthy by all market parties, can be smoothly turned on without any chance of losing volume, latency, downtime, money etc. I think its pretty obvious that we need a process where new code is tested on test rigs, then on low value alt-coins, then higher value alt-coins, then migrated into bitcoin when the code is mature/rocksolid and its been tested and working in the wild and all aspects been open to abuse for some time. Call this the "altcoins are your friend, bitcoin" aka "no surprises" approach.

[–]slacknation 0 ポイント1 ポイント  (1子コメント)

ETH could win because of this feature alone

name me a coin that can't do more tx than bitcoin, hehe

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

My very own currency, Slothcoin. I can handle a couple of transactions a minute, when I get around to it.

[–]utu_ 16 ポイント17 ポイント  (39子コメント)

litecoin has 1mb blocks every 2.5 minutes compared to bitcoins 10.

[–]digiorno 26 ポイント27 ポイント  (12子コメント)

And a hard cap

And a fair launch

And a united dev team

And a promising upgrade timeline

[–]bitcoinexperto 15 ポイント16 ポイント  (5子コメント)

Shhhh... this thread is only for eth pumpers.

[–]White_sama 5 ポイント6 ポイント  (4子コメント)

I don't even care about the technicalities that make LTC or ETH better . The dev team part is the most important. You can't have a decentralized currency if the people involved in it don't know what they're doing. I do have a bit of ETH because it's an interesting currency to play around and it does have promising future features, but I see LTC at the currency that will win in the end.

[–]antiprosynthesis[S] 9 ポイント10 ポイント  (2子コメント)

Does that happen to have something to do with its recent pump by any chance? Because its blockchain is barely used, it has no development community and is limping way behind Ethereum on every other metric. I mean, it's a straight Bitcoin copy/paste from 2011 :)

[–]tablepennywad 3 ポイント4 ポイント  (1子コメント)

I was straight up ltc supporter a few years ago, but its really turned into friendster, no one using it anymore, no one even barely remembers it.

[–]antiprosynthesis[S] 3 ポイント4 ポイント  (0子コメント)

It's just riding on a price pump at the moment. Bag holders hyping their bags. But really nothing is happening on that blockchain.

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

The dev team part is the most important.

Did I miss the part in the bitcoin whitepaper where the dev incentives were explained?

[–]andynyc 1 ポイント2 ポイント  (0子コメント)

Yeah, exactly. But making this point apparently gets you downvoted by people unwilling to have a friendly debate so we can all learn and potentially adjust our perspectives.

[–]btcmbc 1 ポイント2 ポイント  (0子コメント)

And founded on the core principle of using ASIC resistant PoW. (LTC is worst than btc in that regard.)

[–]cartridgez 0 ポイント1 ポイント  (2子コメント)

If litecoin's miners and businesses have an agreement (to adopt segwit) it's consensus. If bitcoin's miners and businesses have an agreement (segwit2x), it's centralization. Yeah....

[–]digiorno 0 ポイント1 ポイント  (1子コメント)

I agree, that'd be consensus... ETH is the one I'm worried about having a risk of centralization.

[–]cartridgez 0 ポイント1 ポイント  (0子コメント)

I'm just pointing out the flaw in logic with the narrative I've come across on r\bitcoin. What centralization in ETH are you talking about?

[–]slacknation 0 ポイント1 ポイント  (0子コメント)

wrong sub bro, this is /r/ethereum oops

[–]antiprosynthesis[S] 12 ポイント13 ポイント  (25子コメント)

Ethereum has dynamic sized blocks every couple of seconds. Time for a secure transaction on Ethereum is 2-3 minutes. Time for a secure transaction on Litecoin is 10 or more minutes. And that's before Ethereum has even properly started scaling up. Also, Litecoin doesn't even process a 10th of Bitcoin's transactions. It's completely irrelevant in this discussion, sorry.

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

bro, do u get paid? looking to get paid to post too

[–]Leithm 3 ポイント4 ポイント  (0子コメント)

Actually looks more like 6x for the last week, that means bitcoin could handle 20 tx per second at the same data growth rate.

[–]xman5 4 ポイント5 ポイント  (0子コメント)

I would say 1/100 of the fees. You could send normal ETH transactions for $0.02 fee without any problems. Actually it would take less time to send standard $0.02 fee transaction on the Ethereum network than $2 fee transaction on the Bitcoin network.

[–]digiorno 12 ポイント13 ポイント  (17子コメント)

I was surprised to see this in r/BTC instead of r/ethereum.

Is this a ETH pump subreddit now? I see so much advertising for ETH now, that it's getting a little ridiculous. Most of us know it has great potential so there is no need to AstroTurf.

[–]Shock_The_Stream 19 ポイント20 ポイント  (2子コメント)

Is this a ETH pump subreddit now?

No, it's Bitcoin pump by showing that the competitors will win if we don't act.

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

TBH, Monero is the only real competitor.

Ethereum and litecoin are rubbish.

[–]vakeraj 7 ポイント8 ポイント  (0子コメント)

Only a Mimblewimble coin is truly better than Bitcoin.

[–]Ant-n 12 ポイント13 ポイント  (0子コメント)

I can recommend rbitcoin for you, all negative new are deleted, only good news and no competition exist in rbitcoin world.

You might like it.

[–]bitcoinexperto 1 ポイント2 ポイント  (8子コメント)

Is this a ETH pump subreddit now?

If by now you mean "from day 1", then yes.

[–]Matthew-Davey 5 ポイント6 ポイント  (7子コメント)

This subreddit pre-dates Ethereum by several years.

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

I think it is difficult to deny that the subreddit came to any relevance because of the "scaling debate". And since then it has been a Bitcoin-bashing-altcoin-pumping fest.

[–]muyuu 0 ポイント1 ポイント  (5子コメント)

Not after Ver acquired it.

[–]Matthew-Davey 5 ポイント6 ポイント  (1子コメント)

If Bitcoin is under threat of being overtaken by a competing coin, where should that be discussed?

[–]muyuu -2 ポイント-1 ポイント  (0子コメント)

How is that related in any way with my message?

[–]antiprosynthesis[S] 1 ポイント2 ポイント  (2子コメント)

Except Ver was peddling Dash not so long ago instead of Ethereum. He quickly stopped with that once the scam red flags became too overwhelming though...

[–]muyuu 0 ポイント1 ポイント  (1子コメント)

He peddles both.

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

Could be. I honestly don't follow him around.

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

yes, watch OP's history, it's all /r/ethtrader and only posts to promote ethereum.

So are many of the posters, mostly ethtrader spammers as well with "eth #1" level of quality posts since they can't win at technical arguments.

They see opportunity to promote their centralized vaporware and then link it on their subreddits and chats to spam votes and make themselves look better. When they are not brigading eth stuff isn't as high as when they are. And even though they lack technical fundamentals and easy to prove wrong on every aspect, it makes it impossible to argue against because of spammed downvotes limiting responses to once every 10 minutes or never.

OP has actually been proven wrong countless times on his promotions of useless eth and usually just says "I should've checked your post history, you're a maximalist/fudster" which is nonsense nor does anything for his case, it's really quite sad.

As you can see it's standard procedure as always: https://np.reddit.com/r/btc/comments/6lhx85/ethereum_is_processing_the_equivalent_of_nearly/dju976k/

It's really disgusting something as horrific as eth is getting even a single person to buy it.

[–]antiprosynthesis[S] 3 ポイント4 ポイント  (0子コメント)

Hi, u/newweeknewacct. Is it your internet hour at the institution? I think you should start telling your therapist about this anti-Ethereum crusade you've been undertaking with several Reddit usernames. I don't think (s)he would approve.

[–]kaesikas -1 ポイント0 ポイント  (1子コメント)

"now"? it has been for months.

take an objective look at the kind of threads and posts that get upvoted here. its ALL Bitcoin FUD or alt shilling. and positive Bitcoin news get no upvotes, meanwhile stuff that shills eth or other coins gets like 5x the upvotes of a positive Bitcoin story... these are facts and not up to debate. this clearly shows the agenda of the majority of people who regularly browse this sub

its the cancer of the Bitcoin community and the only reason I post here is to warn people who are possibly not aware of these facts. anyone with half a brain who is not anti-Bitcoin already knows. guarantee you 99% of the people who vote or post here dont even own any Bitcoin in the first place

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

I think of a lot of the people who vote or post here that don't own BTC, most did own BTC in the past. Get the picture?

[–]Geovestigator 8 ポイント9 ポイント  (24子コメント)

And yet if btc could heal itself in the next 6 to 8 months i feel we might be able to recover

[–]antiprosynthesis[S] 25 ポイント26 ポイント  (22子コメント)

It would take a miracle. The only thing Bitcoin has left is the #1 market cap position pretty much. Apart from that it's just a slow dinosaur that is years behind the curve. Ethereum is a complete and, by all objective measures, superior superset of Bitcoin. I just don't see how Bitcoin could ever catch up to that.

[–]satoshis_sockpuppet -1 ポイント0 ポイント  (16子コメント)

Ethereum is a complete and, by all objective measures, superior superset of Bitcoin.

Bullshit. When Bitcoin hardforks to bigger blocks we will see an altcoin bloodbath, and that includes Ethereum.

[–]antiprosynthesis[S] 14 ポイント15 ポイント  (15子コメント)

With SegWit and bigger blocks (if that happens, because that is not even certain), Bitcoin will still scale significantly worse than Ethereum. And that is even before Ethereum starts to execute its scaling roadmap in the next months. Please do your research, man.

[–]PabloW92 -4 ポイント-3 ポイント  (2子コメント)

Ethereum is controlled by a company and a very visible individual, Bitcoin is not. Also there's around 16million btc, and 93million eth. There growth on ethereum quantity is going to get bigger and bigger with no limit whatsoever. It's not supposed to work as a currency like Bitcoin, it's just gas for smart contracts. The value of it right now has high probabilities to decline when the public realises this. Having said that I own some eth, but never for long term like Bitcoin.

[–]neededafilter 5 ポイント6 ポイント  (0子コメント)

I hold btc for long term like yourself but also eth for the long term as well. Your assumption about ether emission growth is completely 100% false. You just pulled that out of you ass with zero facts to back it up.

[–]antiprosynthesis[S] 4 ポイント5 ポイント  (0子コメント)

You might want to read this, as well as perform some research: https://www.reddit.com/r/btc/comments/6ldssd/so_no_worries_ethereums_long_term_value_is_still/djt6opz

[–]duluoz1 0 ポイント1 ポイント  (0子コメント)

I think so too, and I'm way more invested in ETH than BTC. Can't underestimate the market cap and name recognition that Bitcoin has.

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

I'm a bot, bleep, bloop. Someone has linked to this thread from another place on reddit:

If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. (Info / Contact)

[–]lethos3 0 ポイント1 ポイント  (0子コメント)

"who cares"

[–]marijnfs 0 ポイント1 ポイント  (1子コメント)

Anyone running a full eth node here? What is the bandwidth load?

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

I think you'll find a faster answer in r/ethereum.

[–]awasi868 -5 ポイント-4 ポイント  (36子コメント)

so it's 3 times less efficient size wise to send same number of transactions. makes sense since size bloat is incredible on eth due to bad design.

limit who can check transactions reducing decentralization https://twitter.com/SDWouters/status/862426991370358784 & https://twitter.com/TuurDemeester/status/881851053913899009 & https://twitter.com/TuurDemeester/status/881852318517473280

eth is still 100% centralized with zero doubt so all those transactions have 0 security and all work on ethereum is useless vaporware - fact http://i.imgur.com/IStgCuO.png

with almost no transactions eth bloat is growing far beyond far more efficient blockchains http://bc.daniel.net.nz/

In fact, the blockchain is so large, according to https://ethereum.stackexchange.com/a/826/8480 "It's close to impossible to keep a full copy of blockchain and state on consumer hardware."

The sharding solution necessary to fix it is 2-4 years away https://twitter.com/ponli137/status/873259406657540096

So to summarize ethereum is centralized, unsecure, bloated beyond any other blockchain, near impossible for anyone except data centers to check or validate transactions, and solutions are years ahead, while other blockchains are doing nearly 10000x speed and have way lower fees at same time than the worst blockchain in existence ethereum.

In fact ethereum has higher fees than bitcoin had only 4 months ago - complete failure on every level http://i.imgur.com/XnUAV2O.png

This is why there are no intelligent people supporting ethereum, only brigading and paid eth shills like OP. Look at his posts, he's entirely /r/ethtrader shill 24/7

All altcoin communities hate ethereum. There are thousands of altcoins, zero reason to ever choose etheruem that can't even self govern. 1 person decides everything as proven already.

[–]vbuterinVitalik Buterin - Bitcoin & Ethereum Dev 37 ポイント38 ポイント  (25子コメント)

All altcoin communities hate ethereum.

https://twitter.com/zooko/status/778730199382798337
https://www.reddit.com/r/Ripple/comments/63ymxp/ripple_working_on_connecting_ethereum_with_ripple/?ref=search_posts
https://www.reddit.com/r/dogecoin/search?q=ethereum&restrict_sr=on
http://blog.storj.io/post/158740607128/migration-from-counterparty-to-ethereum

[–]digiorno 9 ポイント10 ポイント  (1子コメント)

I respect you and your work. Please try to distant yourself and your coin from Ripple. That is a fancy token if anything and a scam at worst. They have a horrible reputation amongst crypto diehards and they're just trying to hitch their wagon to your Clydesdales.

[–]lethos3 0 ポイント1 ポイント  (0子コメント)

scams like to back each other, thats how they feast on the less educated.

[–]awasi868 -3 ポイント-2 ポイント  (18子コメント)

zcash - trusted set up scam (recent addition to horrible ideas, I hear ethereum is adding that too) with centralized funding fee (much like eth ico but in fees) - pretty much everyone technical constantly makes fun of it as well, not even worth mentioning

ripple is pretty centralized and hugely https://www.reddit.com/r/Ripple/comments/4pe52s/pre_mined_coins/, much like eth , they don't really have a community since no one can actually use it for anything.

doge - from link 2nd result https://www.reddit.com/r/dogecoin/comments/1wo0pl/i_love_dogecoin_which_is_why_i_immediately_think/ - "What is wrong with Ethereum itself? well it is hugely premined and controlled and it's like appointing a king who will be able to forever tax anything on that blockchain." took me a second to find

storj was a centralized version of sia that it did everything worse as explained by storj team member here https://ethereum.stackexchange.com/a/15410/8480 - so moving to eth let them have another round of fundraising using eth dumb money (only money it attracts) they said they wouldn't do literally hurting their own investors (much like eth when it told original investors, or 96% that didn't vote for the bailout, to fuck off and let eth devs give themselves free money or be stuck on unfunded unsupported chain)

So outside of doge which isn't really in favor, that's a nice collection of scams. I guess it makes sense, scams stick together to tell each other how great they are and how everyone technical is wrong.

Here's a crazy idea, how about I don't know not voting for others and not leveraging centralized funding/updates to get what oyu want for the rest of time, maybe on chain governance in one of those updates instead of trusted set-ups? It's only like the biggest issue anyone ever had, clearly EEA that doesn't use eth chain and trusted set ups are more important than solving governance issue.

but we know how you feel? fuck consensus, right? http://i.imgur.com/0dEpVld.png

who's 51% to decide anything. you get to decide majority is an attacker, even if it's 96% of people like in carbon vote. if people get lucky they might actulaly get more, like 14 hours of warning ahead of time, that there's a fork that's set to vote for printing money for you.

[–]Enigma735 8 ポイント9 ポイント  (7子コメント)

You clearly are assigning your own definition to the word "centralization" that is beyond the comprehension of those who understand it's conventional, applicable meaning to blockchain technology.

"The nervous system. Completely centralized. Run by the brain. Horrible"

[–]awasi868 -3 ポイント-2 ポイント  (6子コメント)

Like ironically vitalik outlined in his blog https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274 I'm talking about Political centralization which makes the rest useless.

[–]Enigma735 9 ポイント10 ポイント  (5子コメント)

The EF does not force consensus, they make recommendations and consensus validates or invalidates that recommendation. If the hash rate and users stayed with Ethereum Classic post DAO it would have invalidated the hard fork and the chain we call Ethereum now would have been dead in the water. Vitalik et al did not force the update or the roll back of the history on the community, the free will to update and roll back, or not to, remained in play as evidenced by the minority holding on to the ETC chain.

Politically, Bitcoin has Core and Unlimited who are ready to make drastic changes to the blockchain that may in effect forego consensus (UASF) because it is necessary and the opposing faction makes consensus impossible.

Decentralization at the political level is an illusion.

The only true measure of centralization vs decentralization is consensus and even that may be centralized if the majority consensus can only be obtained from a minority of "stakeholders."

[–]vbuterinVitalik Buterin - Bitcoin & Ethereum Dev 28 ポイント29 ポイント  (0子コメント)

pretty much everyone technical constantly makes fun of it as well

Want to name names? People working on zcash include some of those who invented zk-snarks in the first place, so it's clearly not "pretty much everyone technical" who makes fun of it.

they don't really have a community since no one can actually use it for anything.

Whom do I trust more? SBI plus a $10 billion market cap, or some random reddit troll? Hmm, that's a tough one...

[–]neededafilter 4 ポイント5 ポイント  (0子コメント)

Is this you job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

so moving to eth let them have another round of fundraising using eth dumb money (only money it attracts)

So the people who bought ETH at $1-2 last January and are now sitting on 125x - 250x returns are now the "dumb money". Presumably you as a Bitcoin holder over the same period of time are the "smart money".

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

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

Is this your job? Seriously you must be collecting a cheque because if not you are wasting so much of your life writing the same shit over and over always posting ridiculous links that prove nothing. Get away from the comp for a few hours troll

[–]xithy 0 ポイント1 ポイント  (0子コメント)

You forgot to log in on your other accounts.

[–]Enigma735 12 ポイント13 ポイント  (2子コメント)

You make a lot of bold assertions with little to no evidence / empirical data to back it up.

[–]Stobie 9 ポイント10 ポイント  (1子コメント)

Strange that there are 5 times as many Ethereum nodes when they can't run on consumer hardware. So centralised.

[–]Enigma735 6 ポイント7 ポイント  (0子コメント)

I have a full node running on my desktop and a partial on my laptop.

[–]antiprosynthesis[S] 4 ポイント5 ポイント  (0子コメント)

See a therapist, u/newweeknewacct. This is insane.

[–]antiprosynthesis[S] 3 ポイント4 ポイント  (2子コメント)

All altcoin communities hate ethereum.

Ever wondered why? It's not like Ethereum 'attacks' other coins. People are just upset that they've bet on the wrong horse. It's a normal reaction. The really stubborn idiots will stay on that crippled horse until it collapses, the rest does some research and at least diversifies.

[–]awasi868 -2 ポイント-1 ポイント  (1子コメント)

people are upset when onecoin or ethereum (same thing) take money from real projects and use terms like decentralization when they have zero. when everyone tech-literate hates you, the problem is with you, not with tech-literacy. some people even think they invented tokens or that EEA actually uses eth - both false but constantly spread just to get people to buy it. There has never been a larger tech scam ever than ethereum with community of only scammers since the real one split up.

[–]antiprosynthesis[S] 3 ポイント4 ポイント  (0子コメント)

I'm not even going to bother with these ravings of a madman, sorry. Go see a therapist, u/newweeknewacct. This is not healthy.

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

Obvious troll is obvious BTC efficiency is closer to western union than eth (seen the mempool lately)

[–]Ant-n 1 ポイント2 ポイント  (0子コメント)

eth is still 100% centralized with zero doubt so all those transactions have 0 security and all work on ethereum is useless vaporware - fact http://i.imgur.com/IStgCuO.png

If that make ETH 100% centralised then Bitcoin is too.

[–]tnpcook1 0 ポイント1 ポイント  (0子コメント)

100% centralized

I can run a private chain and private clients with the same protocol that the public chain uses. Seems like 100% might be a bit of hyperbole, and since I can download it from source and use it for personal endeavors, it certainly isn't vaporware.

edit: was reading below on your definition of centralized, yea I agree, it is administratively centralized, but can be freely forked if desired (see: ETC)

[–]btcmbc 0 ポイント1 ポイント  (7子コメント)

That's only 6x scaling, need 1000x

[–]antiprosynthesis[S] 1 ポイント2 ポイント  (6子コメント)

Indeed. Ethereum's scaling roadmap has only just started. See https://www.reddit.com/r/btc/comments/6ldssd/so_no_worries_ethereums_long_term_value_is_still/djt6opz as well.

Also see http://raiden.network.

[–]btcmbc -1 ポイント0 ポイント  (5子コメント)

Convoluted patching, EOS already has scaling at its core and has proven itself.

[–]antiprosynthesis[S] 1 ポイント2 ポイント  (4子コメント)

Proven how? It doesn't even have a product :)

[–]btcmbc -1 ポイント0 ポイント  (3子コメント)

These days Steem process more transactions than both ETH and BTC combined. You know the link between steem and EOS right?

[–]slacknation 1 ポイント2 ポイント  (0子コメント)

in /r/btc, u can bash bitcoin, can't bash ethereum hehe

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

Yes, I'm already keeping an eye on it and all the other Ethereum tail coat altcoins, but it's way too early to even consider investing for me. And their ICO was (is) pretty dodgy. We'll see where it goes, but it will be quite the challenge to dethrone Ethereum at their own game. Especially seeing as Ethereum is hard fork friendly, so it could shamelessly adopt improvements from other blockchains if that turns out to be the most optimal solution (and if the community agrees).

How much value is transferred in those Steem transactions, by the way?

[–]btcmbc -1 ポイント0 ポイント  (0子コメント)

It's not so much the scaling or not, EOS has at it's core economic incentives for witness to have as powerful and reliable nodes as possible where most all of the low inflation goes toward the useful infrastructure, not debating consensus like eth mining, which is 99.999% a waste of ressources. Steem is on the verge of reaching 1m tx a day of social activity , the blockchain itself can handle much much more, no congestion by design