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> it's essentially vaporware and all signs point to the conclusion that it will remain that way for the foreseeable future. Here's the ethereum proof of stake
by drcode 9y ago
> it's essentially vaporware and all signs point to the conclusion that it will remain that way for the foreseeable future.
Here's the ethereum proof of stake code that will go live on ethereum sometime this year: https://github.com/ethereum/research/blob/master/casper4/simple_casper.v.py https://github.com/ethereum/research/blob/master/casper4/sim...
This is the actual production code (though of course still in draft form, under review)
> just toy applications that have no practical purpose
The UN uses an ethereum app to send aid to Syrian refugees via vouchers: http://www.coindesk.com/united-nations-sends-aid-to-10000-syrian-refugees-using-ethereum-blockchain/ http://www.coindesk.com/united-nations-sends-aid-to-10000-sy...
- root_axis 9y ago> Here's the ethereum proof of stake code that will go live on ethereum sometime this year Until it goes live, it's vaporware. The issue isn't "can proof of stake code be written" the question is "will eth continue to function safely and correctly using a proof of stake system"? We'll talk when it hits production. > The UN uses an ethereum app to send aid to Syrian refugees via vouchers: The details are not really clear from the article. How does this work? Why was this possible with eth but not with bitcoin or dogecoin or any other cryptotoken? How do displaced Syrian refugees accept, manage, and spend digital currency? I am highly skeptical of this without lots of details.
- drcode 9y ago> Until it goes live, it's vaporware. That's a ridiculous definition. So nobody can advertise that they plan to add a novel feature to a piece of software, even if the code already exists in draft form, without being labeled a vaporware peddler?
- root_axis 9y agoThe standards are higher for the cryptocurrency sphere which is notorious for extreme hyperbole, tons of hype, and poor results to match it, especially when you're talking about code that is supposed to solve the single most difficult problem of blockchain currencies.
- drcode 9y agoI agree with you insofar that cryptocurrency protocols involve economic game theoretic challenges that are impossible to fully validate without running in full production. It's 100% fair to remain skeptical of POS until we see a successful launch of the system... but that's different than saying something is "vaporware".
- daveguy 9y agoI think root_axis draws an important distinction between normal software and crypto currency software. Until it is live it hasn't been proven whether it's resilient or requires a hard fork. That could be worse than vaporware. There probably needs to be a term for touting a feature that may turn out to be like the DAO. SchrodingerWare?
- 52-6F-62 9y agoThere are few technical details available publicly yet. I've been looking for more reliable sources. Here's the World Food Programme referencing the system with no technical details: https://www.wfp.org/news/news-release/wfp-introduces-innovative-iris-scan-technology-provide-food-assistance-syrian-refu https://www.wfp.org/news/news-release/wfp-introduces-innovat... Here's a Coindesk article (who are obviously very pro-crypto, but more pro-Bitcoin and less pro-Ethereum) from today on some vague details: http://www.coindesk.com/united-nations-sends-aid-to-10000-syrian-refugees-using-ethereum-blockchain/ http://www.coindesk.com/united-nations-sends-aid-to-10000-sy... I'm still trying to find out how this all worked. There have been articles saying this was their plan in various sources for over a month, though. I'd like to know as well. It's at least clear there was a program involving digital vouchers. Found one --- here's Wired Germany outlining that it was in fact Ethereum the UN/WFP used with IrisScan to provide a benefit payment method for refugees. They are still scant on specific technical details, but if you are really starved, then it sounds like you should contact Parity. https://www.wired.de/collection/tech/blockchain-fluechtlinge-gefluechtete-camp-azraq-jodanien-wfp-iris-scan https://www.wired.de/collection/tech/blockchain-fluechtlinge...
- Artemis2 9y agoI can't find any source apart from this (which is NOT cited on Coindesk): https://www.wfp.org/news/news-release/blockchain-against-hunger-harnessing-technology-support-syrian-refugees https://www.wfp.org/news/news-release/blockchain-against-hun..., it does not say the same thing.