nope96

17 ms·

181.
by nope96 8y ago
> Something about Ethereum feels like a 19th century perpetual motion machine. Funny you'd say that: "Vitalik's project immediately before Ethereum is that he was collecting investments from people to fund building a compu
182.
by nope96 9y ago
> Ethereum is already processing double the transactions of Bitcoin Take a look at the charts here, http://bc.daniel.net.nz It's not "free" to process more transactions. At some point you are no longer p2p and
183.
by nope96 9y ago
> Ethereum seems to benefit from having a figure like Vitalik who can act as a Torvalds-esque figurehead If Vitalik got hit by a bus tomorrow Ether price would drop 95%. A currency does not need a leader who directs it. Also it should be
184.
by nope96 9y ago
> btc was premined by Satoshi No, Satoshi did not "premine" bitcoin. Premine means on day zero you have created currency for yourself already. The only block we know Satoshi did mine cannot be spent. There is also zero evidence
185.
by nope96 9y ago
I know the US Government oversaw the Google IPO and the stocks weren't printed out of thin air. In the Ether ICO, a big whale friend of Vitalik could have sent his Bitcoin in during the ICO sale, got Ether for it, then Vitalik sent him
186.
by nope96 9y ago
So the 60 early contributors now get 12.5% of all network fees, forever? (if they "stake")?
187.
by nope96 9y ago
Any time I read about Ether I think about this - "12 Million ETH were created to the development fund, most of it going to early contributors and developers..." At today's rate that's $5,860,200,000 USD. Who were these e
188.
by nope96 9y ago
> Note that the current bitcoin devs are mostly a new generation that got later in the game. this is 100% false, see this post: https://www.reddit.com/r/Bitcoin/comments/72lwzv/if_bitcoin_...
189.
by nope96 9y ago
Jeff's business model relies more on ETH than Bitcoin: "The current launch plan includes launching on Ethereum chain, which will require paying ETH to obtain MTN tokens" 20% pre-mine price starts at 1.67 ETH per MTN token Rem
190.
by nope96 9y ago
>--Wants to fix it with a hardfork That does not explain why He still won't adopt Segwit (the network upgrade that recently took place) on his sites coinbase.com and Gdax, which allows for 4MB blocks and cheaper transactions for his
191.
by nope96 9y ago
Do a little searching on the people pushing the "2x" Fork - Here's one example, CEO of OP's link Coinbase.com: >Coinbase CEO Owns More Ether Than Bitcoin - Coinjournal >Coinbase CEO Armstrong: Ethereum Scaling Bett