10 ms·

Haha, “Vitalik’s project immediately before Ethereum is that he was collecting investments from people to fund building a computer program to solve NP-complete

by kang 8y ago

Haha, “Vitalik’s project immediately before Ethereum is that he was collecting investments from people to fund building a computer program to solve NP-complete problems in polynomial time, supposedly by simulating a quantum computer."

drcode 8y ago
He was like 16 years old when he was working on that thing and has a solid track record since then... let's cut him a break.
- nope96 8y ago
  He tried and failed to scam people when he was 16, but now has a successful scam so we should cut him a break? "solid track record" meaning cloning bitcoin and giving yourself and friends a bunch of free tokens worth $7,764,000,000: "12 Million Ether were created to the development fund, most of it going to early contributors and developers"
- kang 8y ago
  "solid track record" Can you name one thing he built/invented that does anything? Beyond collecting bitcoin.
  - paulmd 8y ago
    Speaking of which, Ethereum is not really novel either. Bitcoin includes its own VM which has opcodes that allow smart contracts too... just most of them are disabled because the reference implementation had bugs at the time Satoshi abandoned the project, and the development process is currently so calcified and politicized that development has essentially ground to a halt. The concept of memory-hardness is not really novel either, see: bcrypt/scrypt.
    - lojack 8y ago
      Vitalk was originally a bitcoin developer who proposed extending the op codes to make a more general purpose computer, and only started Ethereum after he encountered resistance to the idea. I don’t think anyone was claiming bitcoin wasn’t prior work.
      - petertodd 8y ago
        Can you cite any evidence at all that he actually proposed new op codes? I've heard this claim many times, but never seen any evidence to back it up.
      - paulmd 8y ago
        What opcodes does Ethereum support that Bitcoin does not support, or could not be implemented using Bitcoin's opcodes? You've got everything that looks essential to me: add/sub, mul/div, logical and/or, bitwise, string, crypto, etc. https://en.bitcoin.it/wiki/Script#Opcodes https://en.bitcoin.it/wiki/Script#Opcodes No disagreement that the Bitcoin development process is broken as fuck though.
        lojack 8y ago
        Bitcoin specifically avoids loops and recursion. The codes you included allow basic contracts, but bitcoin scripts are guaranteed to halt. Its a conscious decision, and I'm not sure its a bad choice for the project.
- garmaine 8y ago
  What solid track record? I see just hype and broken architecture.
- nope96 8y ago
  19 at University, not 16 kid https://twitter.com/peterktodd/status/906189639802859520 https://twitter.com/peterktodd/status/906189639802859520
DalasNoin 8y ago
here is vitaliks version of the events: http://archive.is/bXZaW http://archive.is/bXZaW

by kang 8y ago

drcode 8y ago

He was like 16 years old when he was working on that thing and has a solid track record since then... let's cut him a break.

nope96 8y ago
He tried and failed to scam people when he was 16, but now has a successful scam so we should cut him a break? "solid track record" meaning cloning bitcoin and giving yourself and friends a bunch of free tokens worth $7,764,000,000: "12 Million Ether were created to the development fund, most of it going to early contributors and developers"
kang 8y ago
"solid track record" Can you name one thing he built/invented that does anything? Beyond collecting bitcoin.
- paulmd 8y ago
  Speaking of which, Ethereum is not really novel either. Bitcoin includes its own VM which has opcodes that allow smart contracts too... just most of them are disabled because the reference implementation had bugs at the time Satoshi abandoned the project, and the development process is currently so calcified and politicized that development has essentially ground to a halt. The concept of memory-hardness is not really novel either, see: bcrypt/scrypt.
  - lojack 8y ago
    Vitalk was originally a bitcoin developer who proposed extending the op codes to make a more general purpose computer, and only started Ethereum after he encountered resistance to the idea. I don’t think anyone was claiming bitcoin wasn’t prior work.
    - petertodd 8y ago
      Can you cite any evidence at all that he actually proposed new op codes? I've heard this claim many times, but never seen any evidence to back it up.
    - paulmd 8y ago
      What opcodes does Ethereum support that Bitcoin does not support, or could not be implemented using Bitcoin's opcodes? You've got everything that looks essential to me: add/sub, mul/div, logical and/or, bitwise, string, crypto, etc. https://en.bitcoin.it/wiki/Script#Opcodes https://en.bitcoin.it/wiki/Script#Opcodes No disagreement that the Bitcoin development process is broken as fuck though.
      - lojack 8y ago
        Bitcoin specifically avoids loops and recursion. The codes you included allow basic contracts, but bitcoin scripts are guaranteed to halt. Its a conscious decision, and I'm not sure its a bad choice for the project.
garmaine 8y ago
What solid track record? I see just hype and broken architecture.
nope96 8y ago
19 at University, not 16 kid https://twitter.com/peterktodd/status/906189639802859520 https://twitter.com/peterktodd/status/906189639802859520

DalasNoin 8y ago

here is vitaliks version of the events: http://archive.is/bXZaW http://archive.is/bXZaW