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Ethereum's main selling point is it lets you issue illegal unregistered securities. Why would a real company want to associate with that? Also the lead develop

Ethereum's main selling point is it lets you issue illegal unregistered securities. Why would a real company want to associate with that? Also the lead developer is some kid who believes very much in moving fast and breaking things. This philosophy may work for a social network site but not for other people's money. How many terrible bugs have been discovered in Ethereums short history? Too many. Additionally the size of its blockchain has already passed Bitcoin. It's file size is growing so fast and will pose a serious technical problem.

anilshanbhag 9y ago
Ethereum's main selling point is it lets you issue illegal unregistered securities. => Well that is the whole point of being decentralized. Anyone can do anything allowed by EVM. Also the lead developer is some kid who believes very much in moving fast and breaking things. This philosophy may work for a social network site but not for other people's money. => Well they have improved significantly. There are 3 implementations - one each in cpp, go and py. There are multiple miner implementation. It is significantly more mature and many people involved. See https://github.com/ethereum/go-ethereum https://github.com/ethereum/go-ethereum for example. 'terrible bugs'? there was one terrible bug a long time ago Additionally the size of its blockchain has already passed Bitcoin. It's file size is growing so fast and will pose a serious technical problem. => Storage is not a problem. We get TB size drives now. Most people use online wallets. There are various pruning measures which reduce the size significantly. There are many proposals to handle scaling if it were to become bottleneck.
- DennisP 9y ago
  Also a very popular implementation in Rust. https://parity.io/ https://parity.io/
atomical 9y ago
Bitcoin is used for drugs, prostitution, and gambling. That terrible bug was the DAO, but that's the nature of the blockchain and applies to Bitcoin as well. If you want rollbacks you use a centralized server.
- ryanlol 9y ago
  Where can you pay for prostitutes with bitcoin? I've only ever seen cash and credit cards accepted.
  - atomical 9y ago
    I'm not familiar, but I know that 99% of the current startups that are using the ICO model are not targeting what made Bitcoin popular.
  - brighton36 9y ago
    backpage accepts bitcoin. So do the girls who use backpage, as a result
- grubles 9y ago
  Bitcoin was also used to fund development for Ethereum.
polotics 9y ago
Wow, if this were Wikipedia you'd get a few "citation needed"

anilshanbhag 9y ago

Ethereum's main selling point is it lets you issue illegal unregistered securities. => Well that is the whole point of being decentralized. Anyone can do anything allowed by EVM. Also the lead developer is some kid who believes very much in moving fast and breaking things. This philosophy may work for a social network site but not for other people's money. => Well they have improved significantly. There are 3 implementations - one each in cpp, go and py. There are multiple miner implementation. It is significantly more mature and many people involved. See https://github.com/ethereum/go-ethereum https://github.com/ethereum/go-ethereum for example. 'terrible bugs'? there was one terrible bug a long time ago Additionally the size of its blockchain has already passed Bitcoin. It's file size is growing so fast and will pose a serious technical problem. => Storage is not a problem. We get TB size drives now. Most people use online wallets. There are various pruning measures which reduce the size significantly. There are many proposals to handle scaling if it were to become bottleneck.

DennisP 9y ago
Also a very popular implementation in Rust. https://parity.io/ https://parity.io/

atomical 9y ago

Bitcoin is used for drugs, prostitution, and gambling. That terrible bug was the DAO, but that's the nature of the blockchain and applies to Bitcoin as well. If you want rollbacks you use a centralized server.

ryanlol 9y ago
Where can you pay for prostitutes with bitcoin? I've only ever seen cash and credit cards accepted.
- atomical 9y ago
  I'm not familiar, but I know that 99% of the current startups that are using the ICO model are not targeting what made Bitcoin popular.
- brighton36 9y ago
  backpage accepts bitcoin. So do the girls who use backpage, as a result
grubles 9y ago
Bitcoin was also used to fund development for Ethereum.

polotics 9y ago

Wow, if this were Wikipedia you'd get a few "citation needed"