800+ entries in 0.323s
mod6: <+shinohai> Have a tshirt made with that pic of mircea_popescu in Egypt, but replace the pyramids with burning
ethereum logos. << the drawing of Mr. P. that was made a while back would be a good t-shirt.
shinohai: Have a tshirt made with that pic of mircea_popescu in Egypt, but replace the pyramids with burning
ethereum logos.
shinohai:
Ethereum: -11.73 % The DAO: -17.88 %
mircea_popescu: anyway. if anyone's following the lulzdrama :
ethereum people realise their "fix" ie softfork will in fact be defeated, want hard fork nao.
mircea_popescu:
ethereum being "smart", it's not just mempool, but also cpupool. and the "soft fork" being essentially a "enumerate badness" attempt, you still gotta check and make sure tx isn't on the verboten list. which computation you do for free, because you believe in mit, socialism and buterin.
☟︎ mircea_popescu: sooo,
ethereum "soft fork" due to go in, about 60 hours left. i hope everyone's ready for the lulzpocalypse
Etherael: Hello, thanks for voice, I read your blog after the
ethereum debacle, found it interesting, thought I would come here and listen for some time.
mircea_popescu: "Do not use wallet contracts or owner accounts of those wallets that were created by the
Ethereum Wallet 0.4.0 or earlier. If you send to (or interact with) a malicious contract it could take ownership of your wallet contract. Create a new wallet and move your funds."
mircea_popescu: in other lulz,
ethereum soft fork just got postponed 15k blocks (~2 days).
☟︎ a111: Logged on 2016-06-23 22:15 shinohai: Cries for Hard fork abound in the
ethereum subreddit due to the new message sent by the hacker via Bitcoin Suisse
shinohai: Cries for Hard fork abound in the
ethereum subreddit due to the new message sent by the hacker via Bitcoin Suisse
☟︎ mircea_popescu: there's ~one
ethereum trader and ~one
ethereum miner, in the sense there's ~one person in any set of clothes. some mites etc also there, but they generally "don't count".
mircea_popescu: i am actually suspecting something like this exists in
ethereum, but meh, not worth the chase atm.
mircea_popescu: understand :
ethereum pretends to be 1/10 of btc financially, while it is 1/10`000`000 hash-wise and outright 1/infinity technologically.
mircea_popescu: asciilifeform
ethereum difficulty is, if memory serves, ~50TH. so about half that.
felipelalli:
Ethereum looks like a mess made in a hurry to me.
thestringpuller:
ethereum price is now whether you think the hacker will win or buterin will win
thestringpuller: ascii_deadfiber: Attacker can bleed
Ethereum completely out.
thestringpuller: so likelihood this guy has spies among the
ethereum leadership
mircea_popescu: "Eth is the LEAST aggregate market I've ever seen, which is why I never recommend people to short it. The price is controlled by one single guy who runs the bots on Bologniex tied to either the
Ethereum developers themselves, or some entity like Goldman Sachs. Ever since Bitcoin started to rise, I watched them absorb something like 5000-10,000 BTC in Eth dumps on Poloniex just trying to prop the price up and prevent it from
mircea_popescu: much like the 4-500 btc left in capital to prop up the
ethereum "BULLION DOLLAER!!111" "alternative" something-or-the-other.
tfoxbrewster: Their comment: "The message claims to contain a cryptographic signature in the last line. ECDSA signatures of the sort used by
Ethereum are 65 bytes (130 hexadecimal digits) long, and end with '00' or '01'. The number at the end of his message is the right length, but ends with '20', making it an invalid signature.
thestringpuller: Okay, so CCO Stephan Tual is waking him off and tries to "do work", by creating slock.it. Slock it is a company who's flagship vaporware is the Slock connected to an "
Ethereum Computer". The Slock is a lock based on a smart contract, that unlocks a door when someone pays enough Ether via a hub like AirBNB. So called making "rentals" automated. They release the DAO and pump that to crowdfund their computer. The DAO gets hacked and they
Framedragger: the additional
ethereum from the child dao splits is teh leaked gravitational energy, something something
shinohai: this is the first time i've actually been to
ethereum sub. its filthy.
thestringpuller: So, they are trying to prop
Ethereum. When the real crash happens...like the Too Big to Fail bailout...
pete_dushenski: i paid fiverr guy to 'view' a yt clip 5k times. results were delivered. several months later, yt removed those paid for 'views'. like
ethereum 'rollback' i guess.
mircea_popescu: btw, why did the
ethereum people misspell "dead on arrival" as "dao" anyway. too much ritalin ?
trinque: This is good for
Ethereum! (TM) (R)
mircea_popescu: with any luck, by 2017 they're entirely spent. that'd be such a perfect outcome of the whole
ethereum idiocy i can't begin to tell you.
mircea_popescu:
ethereum has officially cost 1% of the total mit endowment.
mircea_popescu: awww! but
ethereum continues to drop ? i thought the usg.mit.mongoloid party had "infinite funds"! !!!
thestringpuller: Funny.
Ethereum was able to recreate the traditional banking system in 1% of the time! With bailouts and everything.
mircea_popescu: "Stephan Tual is the Founder and COO of Slock.it. Previously CCO for the
Ethereum project, Stephan has three startups under his belt and brings 20 years of enterprise IT experience to the Slock.it project. Before discovering the Blockchain, Stephan held CTO positions at leading data analytics companies in London with clients including VISA Europe and BP." <<< schmuck who wrote a blogpost so fucking dumb, it took me 10 minute
mircea_popescu: (note incidentally that the
ethereum monetary base increased 50% past week.)
a111: Logged on 2016-06-07 00:03 mircea_popescu: so looking at the shitcoins, "
ethereum" switched with "ripple" YoY. hurr durr.
shinohai: "Vitalik tries to switch
ethereum to PoV (proof-of-vitalik) in an attempt to save a sinking DAO"
mircea_popescu: so looking at the shitcoins, "
ethereum" switched with "ripple" YoY. hurr durr.
☟︎ mircea_popescu: shinohai well, the usg party is ever less confident they'll get much over a summer of forks ; "
ethereum is good" was the backup.
trinque:
Ethereum has a growth mindset while Bitcoin has a false sense of accomplishment << wahahahaha
funkenstein_: the justification for owning
ethereum is that its better than bitcoin
danielpbarron: BingoBoingo, I don't mind that you add words to my articles, especially when new info comes out after i have submitted it (like a third bet) but please don't add in a way that breaks the flow. The point I made in regard to the
ethereum bet is hard to follow with the trump bet listed right before it
rithm:
ethereum is still a thing?
granny: The bet here bitbet.us/bet/1248/
ethereum-to-top-1-billion-market-cap-before/ is resolved, as
Ethereum just surpassed billion market cap.
assbot: vbuterin comments on In the future, will we be using
Ethereum-like (& slock.it like) tech to document consensual sexual intercourse? ... (
http://bit.ly/1QN7uln )
kodemurani: That report on
ethereum is rather discouraging. (why ehtereum project will most likely fail) :-(
fluffypony: and I asked them why they were building on
Ethereum, and despite much hand-waving they couldn't give me an actual reason
fluffypony: davout: I made that exact argument at a meetup in Berlin last year where someone presented some junk they're building on
Ethereum davout: "The best case scenario for most of these projects is that there are end user benefits for other reasons, and that
Ethereum is not required to deliver them. The complexity, and cost, of doing blockchain based products will in such cases eventually drive such products off chain, the same way changetip eventually went off-chain, and now recently into fiat mode."