jnpn

5 ms·

1.
by jnpn 10y ago
>That's technically true but not actually so Not sure what you mean by this. In case you need a refresher, this is how hardforking works: http://ethereum.stackexchange.com/questions/1952/what-is-a-h...
2.
by jnpn 10y ago
exploit: "a software tool designed to take advantage of a flaw in a computer system" The exploit was on a poorly written smart contract, not ethereum itself, correct -- I never said otherwise. >the judgement of the Ethereum dev
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by jnpn 10y ago
The original blockchain was deprecated on 3/14. Neither ETH nor ETC are using it. http://ethdocs.org/en/latest/introduction/the-homestead-rele...
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by jnpn 10y ago
For those who havent been paying attention to the drama: this is a breakaway blockchain for people who want to use ethereum but refuse to use a blockchain in which a $50MM exploit was reversed. There's a lot of false information out th
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by jnpn 11y ago
There are many services in this world which require a trusted intermediary between users. The fees these services charge are _not_ a function of compute cycles. They are, however, often a function of pricing power derived from competition (
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by jnpn 11y ago
Kind of ironic how much this argument was used against bitcoin back in the day...
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by jnpn 11y ago
Look at the full stock price history of any company which became very valuable, and you'll see bubbles and busts along the way. Whether the market's calculations of Ethereum's potential is correct remains to be seen, we'
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by jnpn 11y ago
The cost comparison you want to look for is where people pay a very high premium for the execution of business logic by a trusted counterparty. In other words, its not cheaper computation in general, it's cheaper computation for truste
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by jnpn 11y ago
The Ethereum foundation has been putting a lot of resources into scaling research. Theres some promising proposals involving sharding the validation process, in addition to the off-chain scaling protocols that Bitcoin is pursuing like the l
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by jnpn 11y ago
https://www.ethereum.org/