If you did not understand my recent concerns with incompetency & ETH, Casper will signal the age of the Excel blockchain ledger.
This tweet should give you an idea where it's headed.
There will be alternatives. Qtum, EOS, and ETC. Three projects that will have a chance to dethrone the incumbent.
This is entirely out of context and very deceptive Joseph...
Vitalik was in a conversation with a bunch of trolls and was making a point. You should see the entire conversation here: https://twitter.com/fluffypony/status/870555830629879810
The point you are trying to make apply to all of these. Don't know what you are talking about.
You raise points about the 'mutability' without reasonable discussion about why that is a worry in the first place.
Take a look here to see what Vitalik was actually talking about.
https://medium.com/@VitalikButerin/minimal-slashing-conditions-20f0b500fc6c
I don't know why you get 500 bucks for this....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
PASF Riccardo Spagni tweeted @ 02 Jun 2017 - 08:20 UTC
Disclaimer: I am just a bot trying to be helpful.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This clearly is an excerpt from a whole conversation. Totally disregarding the entire point Vitalik was trying to make.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah... unacceptable. 500 bucks cause he pumped EOS too lol..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can you explain the totally? Please. I'd like to know.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There is no argument. Vitalik said that, and Nick Szabo took it out of context.
"How" is not important. Some went as far as calling him a troll, so imagine that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excel always reminds me of my fav EXCL coin which is up today nicely
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
:D I remember that. I think I was still using IRC at the time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exclusive coin seems to be a great concept. Its nice to actually see a token backed by something other than bs.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Too many too big companies trying to get a grip. The bigger you get, the slower you are; and not to think about the exorbitant growing ETH Blockchain... - some worrisome signs ahead! When your only APP is to be an ICO-token, it won't work out in the long run!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree. Any token that can have 100 % swings in days that isn't a new offering scares the crap out of me.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I love it slow but steady! Any fast driven price action isn't healthy in the long run. "As quick they come, as fast they go!" I'm investing only in products/applications/currencies that have real value, as Monero has for its privacy, BTC because of its security, DigiByte because of e-sports, etc. The choice will always be mine, not ever driven by a hype nor by fear! Cheers!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice tip and important info to be aware of, thanks for sharing! Namaste :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah but there is more to the story than he makes it out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Spot on as usual Kyle!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @joseph!
Your post was mentioned in my hit parade in the following category:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cheers for your thoughts/warnings in regards to the ETH hype.
Steem on @joseph
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
WOW, the crypto world is changing so fast these days lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is misleading. You should know better. Vitalik was talking about the protocol automatically deleting attackers' deposits. If the Ethereum devs wanted to create a centralized proof-of-stake system, they wouldn't be developing Casper in the first place; they could simply use checkpoints like existing PoS currencies.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank for the information.. keep strong babe
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looks like I need to do some research on what Excel / Casper. So ETH has serious competition?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There is nothing about excel. Joseph is saying that because Ethereum transactions are 'mutable' in his opinion - Ethereum is nothing different than Excel. Casper is the POS consensus system that is being worked on for implementation into Ethereum.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope more players can become interwoven with the ETH chain. ETH is not the only blockchain worth anything.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
RIP Ethereum lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Still with ETH, the real world applications are currently being tested and used based on etheruem block chain. Now as far as "philosophy" is concerned there is centralization happening in these network.its true for bitcoin as well.Mining is now limited to large corporation. Same will be tru to Ether as the block chain grows.besides this whole talk of "pure decentralization is absurd". A fully decentralized system cannot work efficiently...think about lawless land..its the human nature. apart from business side of things some kind of censorship ,monitoring and control by government and authorities is bound to happen
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A.I. should move in to solve the problem, I guess...hehehe...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There is clear explanation who is "we" in that tread below. It is protocol. Every person who is going to be validator knows the conditions of slashing. All this noise is clear illustration of Gun Sirer's cryptohooliganism term
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have been following your recent posts, and I fret a lot everytime. Almost half of my crypto investment is in ether. So if anything happens to ether, I am gone from crypto world. But I still upvote you as you provide some insight of market and my favourite coin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My concerns are for people like you. I do not want to see anyone hurt by putting all their money on one project. If you invested before the bubble, you should be sitting on some nice profit. Also some recent projects allowed for some nice profits/returns for ETH holders, if you are not making use of that, you should.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well I don't know much about other projects. I have bought ether when it was 17$, in its adolescent days. Now it is getting younger and younger day by day, I have a lot of hopes in it. I don't know why but i believe in it more than any other coin.
And I think that it could be the top coin in crypto world in a few years. I may sound too much optimist but I believe a lot in what I do.
Still I like to hear what people has to say about it, so that if one day my belief in it stumble a bit, I could take my investments off before it goes down, but till then I am holding it.
Thanks for that and I appreciate it. That's why I have started to observe your posts closely. And started following you.
Though I haven't put all my money in ether, but still half of it is in it. And it is huge for a middle class guy like me. So if some bad thing happen, I will face a huge loss for the things I have planned for my future.
Thanks for the heads up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You should check out some of my recent posts on ETC. Joseph is a trader who might not understand why transactions are not reverted and how the security of POS works. He calls developers incompetent without any merit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sure I will check your posts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And followed you too see what you will write and predict in future.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good points. They do not support your previous arguments.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for keeping us updated!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Crypto innovation is so fast. My trust is on EOS. But if I could, I'll diversify to QTUM as well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What a great post .. all the roads needs a view before to decide , your point is a big other point of the possible ETH future .... only time can right or not you... but i think your post are in a good view of the situation and start to follow you. The centralized decisions are dangerous for all the human and no human things.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
first Excel Blockchain Ledger?wooh ...Awesome!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Actually it could be fun, if you are a good actor Vitalik can move the ETH from a bad actor to your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope you know this is sarcasm. ETH is in no way proof of vitalik... if you think it is you are woefully nieve
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Too many people trying it man ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like this post :) it is good to read :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is another example of folks accusing etc of something whithout explaining the logic.
What exactly do u mean by incompetency?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Please follow me 😊 I follow you as well thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A block chain ledger based on excel ? Talk about antiquated. I thought we were migrating towards a more secure platforms to house and transact our crypto currency, but this just seems backwards.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey guys I just posted my first article if you have chance get you check it please it would appreciate that so much it'll be huge help to me and what I'm trying to do
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excel is an awesome program. Blockchain and Excel is a new concept to me.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excel is awesome? Let me laugh a little bit HAHAHAHAHA
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm not really sure what this means? Can you explain what this means in "dummy" terms?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A double spend attack which is mistakenly called a 51% attack is what every blockchain seeks to prevent to maintain the integrity of it's ledger. Tampering with account balances was never considered a defense to such an attack, what is worse is the suggestion that a blockchain can survive these attacks if they only happen once in awhile.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What makes u even think? I dont understand why people think vitalik makes such decisions. Its not like he will have control over stakeholders just like he does not have control over miners.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If he does not have control over stake holders, there will be a solution. "We" just edit their balances and go on. But seriously now, if you want to continue looking the other way, it's fine. If that statement does not concern you, it should.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
u don't just edit anything without consensus. And yes as long as decisions are driven by consensus it is within the design of the system.
Again i would love to understand your concern. But please be reasonable and state your issue, without being drama and propaganda type claims.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like that you are bringing some reason to this post. Earned my follow.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You don't understand what vitalik was taking about. The 'tampering of balances' you refer to is staked Ether. If you are a validator acting malisciously the Casper contract will take your money. Plain and simple. That is how POS works.
This is false and not what vitalik was talking about.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The Ethereum top man just admitted that he has no problem erasing someone's Ether account. He will be the judge and executioner. If this capability exists, it's a matter of time until censorship is implemented on the ethereum blockchain. Perhaps this explains the huge industry support of late, most of which are known for enjoying positions of power and monopoly.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No he is referring to the Casper contract. When there is an attacker on the network, their staked funds will be deleted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And the Russian government find this interesting, because? That government loves censorship and control. So what benefits do they see? And is that something to worry about? One of the best tools government has today to control people is to take away there money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They obviously see the economic benefits cryptocurrency can bring to their country.
This has nothing to do with censorship and control. I do not think it is anything to worry about. I have not seen anything troubling in Russia or China.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very good @jose
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is casper? please explain...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Casper is the ETH fork that will change mining from 100% POW to a hybrid POW/POS
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
POW/POS?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Proof of work = you use hardware miners to mine coins
Proof of Stake = you use coins in wallet to mine more coins
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cool.. thanks for sharing.. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting idea.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What about #BitShares?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Spectacular friend excellent post very good this information for the whole community congratulations @joseph
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
it's deeply like a bussiness,,.
more like..more money..
up vote for U.,.,.,
vote me Up Ok!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit