If you'd like to help us beta test, I'd be much obliged if you'd send me a DM or whatever they call it. Doesn't anyone find it a bit odd for the timing of this attack? Someone forgets to shut off their cellphone and they get a call and start yapping at the top of their voice. Post a comment! Start your own initiativeor contribute to existing ones:. We believe in a decentralized, censorship-resistant, permissionless block chain. You're buying in hoping to sell it for more than you bought it fo. All rights reserved. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Eventually you can sell the miner, but selling the miner isn't the point of the thing. But indeed the dump was still reasonable. Also please tell me what this is like for you best ethereum mining program ripple trading reddit a troll, to make statements like the above? Just because you can jamaican bobsled team dogecoin enterprise ethereum alliance jp morgan intel a handful of x instead of a fraction of y doesn't necessarily mean its a good investment. What would look like a good buy? It's important to be objective.
Could be, since Ethereum dropped its block reward by half and its price didnt increase times 2, some best mining pool scrypt best mining rig for amd 50 should start mining ethereum classic, who knows. But make no mistake, we are the originals, we continue to maintain the original source of truth for Ethereum and have since the beginning. Submit a new text post. Keep in mind. There is no group that can take away your right to use ETC how you choose. Ethereum Classic Resources Website: Inappropriate behavior includes, but is not limited to: Tech ClassicPool Comining Coinfoundry. Do not create new accounts to get around Reddit or Subreddit rules may result in a site-wide permaban by Reddit. That aside, I appreciate your point of view but its a bit biased. This means that someone, somewhere has declared a new set of rules and they have the mining power to keep their transactions from being rejected. What can you do to help?
Typically this is only miners under the control of the offending party. Or do you mean that you were in a huddled in a corner rocking back and forth and found this post made the process easier for you? But weeks days before ETH's fork..? Inappropriate behavior includes, but is not limited to: Eventually you can sell the miner, but selling the miner isn't the point of the thing. Post a comment! I've got a few friends that got into crypto last year and every one of them bought Litecoin on Coinbase for that exact reason. Start your own initiative , or contribute to existing ones: Ethereum Classic on the rise.. Want to add to the discussion?
Want to join? Can only agree with. What you're calling use cases are part of the speculation equation for economic growth, and are no different than people buying and selling dollars vs pounds based on use cases in the US vs GB economics. I don't mean to imply every cheap coin on coin market cap. The type of attack we are under has happened to us in the past and we already know how to deal with it. Welcome to Reddit, the front page of the internet. You could however invest in the same cards. So one mistake will be a disaster. Coinomi generated address with spaces 2fa electrum thinks that Coinbase could have just fixed the blockchain "with a simple deletion" without telling investors - thereby avoiding a panic. I need to remind myself that english is not the first language for a lot of users. Want to join? Why Putting all my money in bitcoin coinbase new currency What can you do to help?
I'm just left wondering if you actually understand anything about crypto other than what Fox News tells you. No posting addresses or soliciting money exception: How is that important? We believe in distributed ownership. Please explain that more. Meaning of that: Although not successfully exploited in the wild BTC patched a double spend bug as recently as September Like I said We believe that for a blockchain to succeed it must be decentralized in network, technology, community, and leadership. ETC Declaration of Independence. Start your own initiative , or contribute to existing ones: Become a Redditor and join one of thousands of communities. Submit a new text post. Parity Run:
So ALL comes speculators. They are trustless and permissionless. We believe in distributed ownership. Daedalus Mantis Wallet Desktop Wallet. So with 2 different sets of rules, eventually 2 different networks emerge. I've fallen for tribalism myself in the past, and I still do fall for it a bit. Currently both are the same in terms of underlying blockchain protocol, in the near future it will not be. I know, that is true — but how have they overcome the attack? You're buying in hoping to sell it for more than you bought it fo. First off, no one "invests" in crypto currency. This is not true for ETH. Ethereum Classic Investment Thesis by Grayscale. Want to join? Geth Parity Run: Get an ad-free experience with special benefits, and directly support Reddit. Want to add to the discussion?
Wow, this may be the least constructive and quite frankly, flat out most wrong comment I've seen litecoin free use bitcoin to buy gift cards day. What would look like a good buy? It is expensive to sustain an attack like this and it is impossible to sustain it for very long in the face of opposition from the community. Post a comment! Ethereum Classic Resources Website: However there is a legal definition I use for investing, and then anything which isn't investing but which looks similar to an outsider, is speculating. The fact is these eventually resulted in a patch which re-organized the blockchain and the offending transactions were removed. Want to join? Ethereum Classic on the rise. Parity Run: But make no mistake, we are the originals, how to transfer from coinbase to poloniex who does my coinbase account work with continue to maintain the original source of truth for Ethereum and have since the beginning. Use cases, that is called. All rights reserved. So with 2 different sets of rules, eventually 2 different networks emerge. It's all about selling a thing for more than you bought it. There is no group that can take away your right to use ETC how you choose. Create an account.
Ok so you're interested in real games and you don't think anything like that is coming to ETC. We believe in distributed ownership. It earned an income or paid a dividend, but economic activity is the key here. All rights reserved. Tech ClassicPool Comining Coinfoundry. It may be that you and I are using different definitions of these words though. What matters is if the attack is sustained for long enough for the miner to extract value from the gullable in exchange for the trash he mined. That's how blockchains work. I've fallen for tribalism myself in the past, and I still do fall for it a bit. Our highly decentralized ecosystem means that ETC does not have the same centralization issues of other blockchains. There is no group that can take away your right to use ETC how you choose. The end result is a stronger coin which is more resilient to attacks, so long as the community cares enough to collectively turn the volume up on their mining. I need to remind myself that english is not the first language for a lot of users. Can you be more specific please? However the part of my comment regarding speculation is true of all crypto. Create an account. I've got a few friends that got into crypto last year and every one of them bought Litecoin on Coinbase for that exact reason.
Submit a new link. This means that someone, somewhere has declared a new set of rules and they have the mining power to keep their transactions from being rejected. ETC Declaration of Independence. ETC Declaration of Independence. It controls inflation correction? Good luck in all your trades my friend! That didn't happen. Post a comment! I'm just left wondering if you actually understand anything about crypto other than what Fox News tells you. You bought them because how to mine groestlcoin how to mine lisk poolhub is a value there which you perceive to be greater than the value of the coin you traded for it. Is huddling in a corner and rocking back and forth something you do frequently? They couldn't sustain it and eventually got rid of their counterfeit currency, by jumping back onto the correct chain, abandoning their fork in the process. Can you be more specific please? He thinks that Coinbase could have just fixed the blockchain "with a simple deletion" without telling investors - thereby avoiding a panic.
Your comment is insular, rooted in etc, i assume, for which there isnt any use cases worth mentioning either now or on the horizon. The fact is these eventually resulted in a patch which re-organized the blockchain and the offending transactions were removed. This might not seem like a big deal to. Imagine you are watching a movie. The end result is a stronger coin which is more resilient to attacks, so long as the community cares enough to collectively turn the volume up on their mining. Tech ClassicPool Comining Buy bitcoin auckland bitcoin mine on cpu. Had they played by the rules, they would have earned money. That didn't happen. First off, no bitcoin stock exchange with no fee get paid in bitcoin "invests" in crypto currency. Thanks for that insight. What would look like a good buy? No duplicate posts.
In that particular case and a lot of new people come in via coinbase ETC looks like a great deal. Had they played by the rules, they would have earned money. Ethereum Classic Resources Website: Log in or sign up in seconds. For most people investing is the act of putting money into a thing with the hope of getting more value in the future. Start your own initiative , or contribute to existing ones: If there is a true double spend, i. Submit a new link. No posting addresses or soliciting money exception: Our highly decentralized ecosystem means that ETC does not have the same centralization issues of other blockchains. No misleading titles. Do not create new accounts to get around Reddit or Subreddit rules may result in a site-wide permaban by Reddit.
Who specifically were they supposed to tell? You invest in a miner, because you put up capital to purchase the miner and then the miner does a thing which earns back it's cost plus a profit. Geth Parity Run: Ethereum Classic Investment Thesis by Grayscale. What can you do to help? We believe in distributed ownership. Furtheremore, your coin only has value if we say it has value. It may be that you and I are using different definitions of these words though. As already said I'd also recommend diversity. I've got a few friends that got into crypto last year and every one of them bought Litecoin on Coinbase for that exact reason. Not just a nuisance. Can only agree with that. Start your own initiative , or contribute to existing ones: This means that someone, somewhere has declared a new set of rules and they have the mining power to keep their transactions from being rejected.
Please explain that. No misleading titles. It may be that you and I are using different definitions of these words. What happened here is a company that makes mining equipment for Ethereum, tested new equipment with selfish mining mining without comparing results to the rest of the network and as a peer to peer bitcoin loans how to add money on yobit.net they fell out of consensus. There is no group that can take away your right to use ETC how you choose. This might not seem like a big deal to. No duplicate posts. All rights reserved. But if you think of coinbase as an easy "On ramp" into crypto for new buyers, then the pieces fall into place. So no they don't stay permanently embedded into the history of the network because even the block explorers no longer see these transactions. Not just a nuisance. Who controls cryptocurrency is computta legit preventing printing money? You mention you're holding trading cards and this is a great example. No misleading titles.
Ask around on Discord for what needs to be ethereum classic live chart bitcoin quote graph. Just because you best gpu mining monero electrum vs gold have a handful of x instead of a fraction of y doesn't necessarily mean its a good investment. Ethereum Classic Investment Thesis by Grayscale. First off, no one "invests" in crypto currency. Ethereum Classic is not a coin, we are a community with a specific set of values and those are not for sale. If you'd like to help us beta test, I'd be much obliged if you'd send me a DM or whatever they call it. Daedalus Mantis Wallet Desktop Wallet. POW is the only missing puzzle on why the digital money was created. MaveJ doesn't understand crypto. That didn't happen. This could have happened at anytime in etc's history.
First off, no one "invests" in crypto currency. Create an account. We believe in distributed ownership. Submit a new link. What can you do to help? Ethereum Classic Investment Thesis by Grayscale. Ethereum Classic is not a coin, we are a community with a specific set of values and those are not for sale. There is no group that can take away your right to use ETC how you choose. Ask around on Discord for what needs to be done. No misleading titles. Put another way Follow Reddiquette and Reddit Content Policy.
You could however invest in the same cards. We believe in distributed ownership. If today you buy 0. Want to join? Someone forgets to shut off their cellphone and they get a call and start yapping at the top of their voice. The type of attack we are under has happened to us in the past and we already know how to deal with it. Our laws are under siege, but our laws are battle tested. Follow Reddiquette and Reddit Content Policy. When I say "speculation", I mean only that you are purchasing a thing with the hope that you will be able to sell it in the future for more than you paid for it. But indeed the dump was still reasonable. Or do you mean that you were in a huddled in a corner rocking back and forth and found this post made the process easier for you? When Vitalik decided to push a block reverting the DAO coins, he changed the rules we all agreed to play by. Ask around on Discord for what needs to be done. Submit a new link. Ethereum Classic Investment Thesis by Grayscale. I've fallen for tribalism myself in the past, and I still do fall for it a bit. By all means All rights reserved. It's important to be objective. We believe in a decentralized, censorship-resistant, permissionless block chain.
Log in or sign up in seconds. I believe this factor alone will make it increase over time, just like it did for LTC crypto app ios pokerstars bitcoin us players it was the lowest cost crypto on. It's important to be objective. What I'm saying now is the opposite of what I was saying two years ago. No referral links. Geth Parity Run: Follow Reddiquette and Reddit Content Policy. But i liked an earlier reply of yours about blockchain and double spending. POW is the only missing puzzle on why the digital money was created. That isn't the only difference in tech but don't have a current comparison chart but the information is available if you compare roadmaps. This is not true for ETH. First off, no one "invests" in crypto currency. Had they played by the rules, they would have earned money. You could however invest in the same cards. Want to add to the discussion? This is legit investing, because you're investing in his ability to win. That didn't happen. Welcome to Reddit, the front page of the internet. Welcome to Reddit, the front page of the internet. Parity Run: I'm just left wondering if you actually understand anything about crypto other than what Fox News tells you.
Ask around on Discord for what needs to be done. From a technology standpoint the projects are similar but noticably different and over time ETC should start to get more positive attention IF people will read up on what is happening in the ETC sphere. Want to join? On any properly constructed, i. This is not true for ETH. This is legit investing, because you're investing in his ability to win. Become a Redditor and join one of thousands of communities. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. We not only survived, but we thrived. Ask around on Discord for what needs to be done. No duplicate posts. Do not create new accounts to get around Reddit or Subreddit rules may result in a site-wide permaban by Reddit. Furtheremore, your coin only has value if we say it has value. Daedalus Mantis Wallet Desktop Wallet. Submit a new link. All rights reserved. Typically this is only miners under the control of the offending party. Ethereum Classic Investment Thesis by Grayscale.
You invest in a miner, because you put up capital to purchase the miner and then the miner does a thing which earns back it's cost plus a profit. Ideally speculation also includes TVM Time Value of Moneybut then again so does investing, so those terms cancel out in bitcoin mining cloud calculator full bitcoin client calculation. It's hard not to when you become part of a community, I think it's just human nature. Not just a nuisance. Also please tell me what this is like for you as a troll, to make statements like the above? Create an account. Submit a new link. Imagine you are watching a movie. So with 2 different sets of rules, eventually 2 different networks emerge. The type of attack we are under has happened to us in the past and we already know how to deal with it. Get an ad-free experience with special benefits, and directly support Reddit. It isn't always about what you're holding, but what promises they hold for you. It's all about selling a thing for more than you bought it. It is expensive to sustain an attack like this and it is difficulty setting zcash what gives bitcoin value forbes to sustain it for very long in the face of opposition from the community. Essentially preventing printing money? Want to join? Log in or sign up in seconds. Start your own initiativeor contribute to existing ones:. So one mistake will be a bit bitcoin login iota ripple. On any properly constructed, i. Whenever anyone tries to unilaterally change the rules, they fall out of consensus.
How is that important? Start your own initiativeor contribute to existing ones: No i would like to mine some bitcoin buy bitcoin send to euros, trolling, or drive-by posting. Thanks in advance. Start your own initiativeor contribute to existing ones: Wow, this may be the least constructive and quite frankly, flat out most wrong comment I've seen all day. We believe that for a blockchain to succeed it bitcoin mining farm washington state coinbase issue with recent buy be decentralized in network, technology, community, and leadership. Someone forgets to shut off their cellphone and they get a call and start yapping at the top of their voice. But if you think of coinbase as an easy "On ramp" into crypto for new buyers, then the pieces fall into place. There is no group that can take away your right to use ETC how you choose. Could be, since Ethereum dropped its block reward by half and its price didnt increase times 2, some miners should start mining ethereum classic, who knows. What I'm saying now is the opposite of what I was saying two years ago. I buy them to play a game - an actual game unlike eg. All rights reserved. ETC Bitcoin civil war most energy efficient bitcoin miner of Independence. If it is the only difference, it might not enough to outstand ETC. Geth Parity Run: Want to add to the discussion? This is what blockchains do, they serve as witnesses so that coins cannot be double spent. MaveJ doesn't understand crypto.
Ethereum Classic Resources Website: You buy the cards for him and have him use them to build his deck and he starts winning at tournies at which point he agrees to pay you a share of his winnings, or he agrees to use his winnings to help pay for college etc. You speculate in crypto because you bought coins with the hope that when you sell them, they will be worth more than you paid for it. Blockchains are the actual answer to the question of "How do we prevent a double spend". I buy them to play a game - an actual game unlike eg. Right now ETC seems to be underreported in the crypto space and many outside of ETC see mentions of ETC as shilling because they don't see the need for "two Ethereums" From a technology standpoint the projects are similar but noticably different and over time ETC should start to get more positive attention IF people will read up on what is happening in the ETC sphere. This is legit investing, because you're investing in his ability to win. He's glad Coinbase overcame the attack though In fact the essence of speculation vs investment can be tied to this idea of receiving a dividend from their use cases, even if that dividend is nothing more than a fee rebate.
If the person keeps talking, you can ask the theater owner to remove them, or go up to the projection room and crank the volume to Follow Reddiquette and Reddit Content Policy. What you're calling use cases are part of the speculation equation for economic growth, and are no different than people buying and selling dollars vs pounds based on use cases in the US vs GB economics. The ETC can be traded again at a different exchange long before the community becomes wiser. Use cases, that is called. So with 2 different sets of rules, eventually 2 different networks emerge. Want to join? No posting addresses or soliciting money exception: Anyone who was blindly accepting blocks from this company without validating them is now out of consensus. This is possible, because nodes that broadcast blocks which do not meet consensus become automatically black listed from the rest of the network. Get an ad-free experience with special benefits, and directly support Reddit. No misleading titles. We believe in distributed ownership. Want to add to the discussion? No spamming, trolling, or drive-by posting. By all means It's hard not to when you become part of a community, I think it's just human nature. Want to add to the discussion?
Right now ETC seems to be underreported in the crypto space and many outside of ETC see mentions of ETC as shilling because they don't see the need for "two Ethereums" From a technology standpoint the projects are similar but noticably different and over time ETC should start to get more positive attention IF people will read up on what is happening in the ETC sphere. Daedalus Mantis Wallet Desktop Wallet. Do not create new accounts to get around Reddit or Subreddit rules may result in a site-wide permaban lot bitcoin address bitcoin faucet every hour Reddit. Become a Redditor and join one of thousands of communities. No spamming, trolling, or drive-by posting. Not just a nuisance. Want to imponderable things bitcoin china bitcoin rig It earned an income or paid a dividend, but economic activity is the key. They liked seeings litecoin in their wallet rather. How is that important? Sounds pretty solid and immutable if you ask me. The company that acted irresponsibly, actually lost tens of thousands of dollars on this attack, because had they validated the blocks they were generating, they would see that no one was accepting their invalid blocks. They are trustless and permissionless. The growth of the ecosystem is a part of this calculus, whereas the growth of the ecosystem isn't as important when "investing". That didn't happen. Could be, since Ethereum dropped its block reward by half and its price didnt increase times 2, some miners should start mining ethereum classic, who knows. Can only agree with .
In that particular case and a lot of new people come in via coinbase ETC looks like a great deal. Post a comment! Start your own initiative , or contribute to existing ones: Want to add to the discussion? Tech ClassicPool Comining Coinfoundry. Quite to the contrary, the correctly functioning nodes rejected the mutability introduced by a bad actor and eventually even the malfunctioning nodes fell in line. What can you do to help? That's how blockchains work. If it is the only difference, it might not enough to outstand ETC. The end result is a stronger coin which is more resilient to attacks, so long as the community cares enough to collectively turn the volume up on their mining. Please explain that more. It controls inflation correction? Simple deletion without having informed investors properly? We believe in distributed ownership. In fact the essence of speculation vs investment can be tied to this idea of receiving a dividend from their use cases, even if that dividend is nothing more than a fee rebate. Getting things done in a decentralized project is all about taking the initiative. On many blockchains, despite their "decentralization", a small few hold the ability to change how your contracts work and control your money. This is what blockchains do, they serve as witnesses so that coins cannot be double spent. The risk:
The double spend attacks are a part of the blockchain and are permanently embedded into the history of the network. You invest in a miner, because you put up capital to purchase the miner and then the miner does a thing which earns back it's cost plus a profit. Anyone claiming I gave them financial advice looks pretty silly in court on that one. No spamming, trolling, or drive-by posting. ETC Declaration of Independence. The growth of the ecosystem is a part of this calculus, whereas the growth of the ecosystem isn't as important when "investing". No misleading titles. Follow Reddiquette and Reddit Content Policy. However, I would hedge your bets by getting into. It's all about selling a thing for more than you bought it. I don't mean to imply every cheap coin on coin market cap. As already said I'd also recommend diversity. If it is the only difference, it might not enough to outstand ETC. Since you used the word invest I'm assuming you're looking at the financial gains. Or do you mean that you were in a huddled in bitcoin service bit 6 bitcoin diamond futures corner rocking back and forth and found this post bitcoin clicker app can i use my coinbase wallet with gladius the process easier for you? But if you think of coinbase as an easy "On ramp" into crypto for new buyers, then the pieces fall into place. Become a Redditor and join one of thousands of communities.
Inappropriate behavior includes, but is not limited to: You invest in a miner, because you put up capital to purchase the miner and then the miner does a thing which earns back it's cost plus a profit. Ethereum Classic Investment Thesis by Grayscale. When Vitalik decided to push a block reverting the DAO coins, he changed the rules we all agreed to play by. Sounds pretty solid how to best trade on coinbase coinbase network immutable if you ask me. You bought them because there is a value there which you perceive to be greater than the value of the coin you traded for it. There is no group that can take away your right to use ETC how file access bitcoin alternative bitcoin cash faucet for coinpot choose. You're buying in hoping to sell it for more than you bought it fo. I know, that is true — but how have they overcome the attack? Welcome to Reddit, the front page of the internet. So ALL comes speculators.
Please explain that more. We believe that for a blockchain to succeed it must be decentralized in network, technology, community, and leadership. Daedalus Mantis Wallet Desktop Wallet. Ethereum Classic Investment Thesis by Grayscale. I know, that is true — but how have they overcome the attack? Eventually you can sell the miner, but selling the miner isn't the point of the thing. Imagine that your kid is really good at the game. Welcome to Reddit, the front page of the internet. Put another way The end result is a stronger coin which is more resilient to attacks, so long as the community cares enough to collectively turn the volume up on their mining. Create an account. All rights reserved. This is not true for ETH. Tech ClassicPool Comining Coinfoundry. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. What happened here is a company that makes mining equipment for Ethereum, tested new equipment with selfish mining mining without comparing results to the rest of the network and as a result they fell out of consensus. As already said I'd also recommend diversity. That aside, I appreciate your point of view but its a bit biased.
Log in or sign up in seconds. ETC Declaration of Independence. POW is proven to be working and secure. Ethereum Classic Investment Thesis by Grayscale. Ethereum Classic Investment Thesis by Grayscale. What I'm saying now is the opposite of what I was saying two years ago. Parity Run: If it is the only difference, it might not enough to outstand ETC. But indeed the dump was still reasonable. Geth Parity Run: Since you used the word invest I'm assuming you're looking at the financial gains. Submit a new link. On any properly constructed, i.