4 ms·

A few altcoins immediately went +20% up - NEO, IOTA, Omnise, Lisk, Waves, Ark. But not the ones I expected - like Ethereum.

lavezzi 9y ago
Doesn't Ethereum have its own problems right now?
- olegkikin 9y ago
  Not ethereum, but one of the contracts written on top of it had a bug that some newbie triggered by mistake and locked something like $160M worth of moneys.
  - wc- 9y ago
    Ethereum's value, its reason for existing, is the deployment and operation of smart contracts. When one of the most popular semi-complex smart contracts fails not once but twice in a matter of months (losing hundreds of millions USD in the process), it is time to look not at the newbie or the contract programmer, but the platform itself.
    - olegkikin 9y ago
      Ethereum works fine as a currency too (~15 sec per block, quite nice). It also works fine with simple contracts, it's the humans who aren't good enough (yet) to write bug-free code. Bugs in software of various kinds cause billions of dollars worth of damage, deaths too. Yet I don't see people claiming it's the fault of C++.
      - xwvvvvwx 9y ago
        Yet I don't see people claiming it's the fault of C++ A major driving force behind the development of Rust is that exact claim.
        olegkikin 9y ago
        I doubt software written in Rust has no bugs.
        xwvvvvwx 9y ago
        I don't think anyone is claiming that, it does however seem quite likely that it will have less.
        deadmetheny 9y ago
        Please don't summon the Rust Evangelism Strike Force
      - jacquesm 9y ago
        > I don't see people claiming it's the fault of C++. You must be new here.
  - celticninja 9y ago
    At the moment ethereum is its wallet software, if you cant write safe smart contracts then ethereum has no USP.
- ringaroundthetx 9y ago
  Someone masqueraded a third party software bug as a protocol problem and you fell for it?
flipp3r 9y ago
What I find more interesting is there were people trading Segwit2x futures. https://coinmarketcap.com/currencies/segwit2x/ https://coinmarketcap.com/currencies/segwit2x/ In an hour the price dropped about 85%. Very funny for a currency with no central control that a few people in central control can just call off a hard fork, and make ridiculous amounts of money in doing so.

lavezzi 9y ago

Doesn't Ethereum have its own problems right now?

olegkikin 9y ago
Not ethereum, but one of the contracts written on top of it had a bug that some newbie triggered by mistake and locked something like $160M worth of moneys.
- wc- 9y ago
  Ethereum's value, its reason for existing, is the deployment and operation of smart contracts. When one of the most popular semi-complex smart contracts fails not once but twice in a matter of months (losing hundreds of millions USD in the process), it is time to look not at the newbie or the contract programmer, but the platform itself.
  - olegkikin 9y ago
    Ethereum works fine as a currency too (~15 sec per block, quite nice). It also works fine with simple contracts, it's the humans who aren't good enough (yet) to write bug-free code. Bugs in software of various kinds cause billions of dollars worth of damage, deaths too. Yet I don't see people claiming it's the fault of C++.
    - xwvvvvwx 9y ago
      Yet I don't see people claiming it's the fault of C++ A major driving force behind the development of Rust is that exact claim.
      - olegkikin 9y ago
        I doubt software written in Rust has no bugs.
        xwvvvvwx 9y ago
        I don't think anyone is claiming that, it does however seem quite likely that it will have less.
        deadmetheny 9y ago
        Please don't summon the Rust Evangelism Strike Force
    - jacquesm 9y ago
      > I don't see people claiming it's the fault of C++. You must be new here.
- celticninja 9y ago
  At the moment ethereum is its wallet software, if you cant write safe smart contracts then ethereum has no USP.
ringaroundthetx 9y ago
Someone masqueraded a third party software bug as a protocol problem and you fell for it?

flipp3r 9y ago

What I find more interesting is there were people trading Segwit2x futures. https://coinmarketcap.com/currencies/segwit2x/ https://coinmarketcap.com/currencies/segwit2x/ In an hour the price dropped about 85%. Very funny for a currency with no central control that a few people in central control can just call off a hard fork, and make ridiculous amounts of money in doing so.