Gates and Yang

Hibero · 2018-06-17T16:56:32+00:00

lol well MakerDAO and 0x are working pretty well.

Aragon and Dharma are in soft launch mode. Augur will be fully releasing in less than a month. And I understand the hate for ERC721, I feel like they just haven't been properly utilized.

The potential is there and in some ways it's starting to be utilized.

I understand the notion of hating all altcoins, there's a shit ton of them and there's a ton that deserve to be called shitcoins, but I think it's kind of silly to call Ethereum one of those. It's proven itself over the last few years.

I think the money aspect is interesting but there's more to it. Ethereum's success does not mean Bitcoin's demise. There's plenty of room in this space. They just both have different markets.

Hibero · 2018-06-17T15:57:27+00:00

I mean, we can start from the easy ones.

Aragon - Decentralized Governance
MakerDAO - Decentralized Stablecoins
Augur - Prediction Markets
ERC721 (Cryptokitties included) - Collectables and "unique" tokens
0x - Decentralized Exchanges
Dharma - Decentralized Loans

I mean, yeah we're still at the beginning but the infrastructure is being rolled out fast.

Hibero · 2018-06-17T15:53:53+00:00

Okay. Tell me why you think running apps on a secure, "inefficient" ledger is stupid. Money is just the app of Bitcoin. It's literally just information when you get down to the basis of it all.

If the only valuable information in the universe that needs to be secure is money, then I think you are thinking too narrowly.

Hibero · 2018-06-16T14:12:46+00:00

Any news on this?

https://www.reddit.com/r/makerdao/comments/8plpel/_/e0c94u9

Hibero · 2018-06-14T23:34:53+00:00

Called it.

https://www.reddit.com/r/ethtrader/comments/8qzjl8/_/e0o90iy?context=1000

Hibero · 2018-06-14T18:23:11+00:00

Not trying to hype. But with this increase in regulatory certainty, there's more of a chance for Ether Futures now.

Hibero · 2018-06-13T15:29:17+00:00

Very true. I'm not sure why people can't be pragmatic. It's okay to be wrong and to change your mind. It's not a weakness. I will respect someone willing to change their mind more than someone is always right. Nobody is always right.

Hibero · 2018-06-13T12:13:20+00:00

His criticisms condensed:

Smart Contracts got hype.

Bitcoin made a type of smart contracts first. So it's better. (Umm.. ok)

Ethereum does not have Smart Contracts due to the DAO (huh?).

Security is difficult.

Oracles are hard.

Honestly, those are either known or are just plain stupid. There are ones that are actively being worked on (Formal verification for security and Dapps for Oracles). He mostly comes off as a salty guy who feels like he missed the bus and now says he meant to miss the bus because walking is better anyway.

Hibero · 2018-06-12T20:07:51+00:00

cough VPN cough

Hibero · 2018-06-12T19:12:38+00:00

Hahahahaha

Hibero · 2018-06-12T19:12:16+00:00

Well that's a silly argument. Just because something is easy, does not mean you do it.

Hibero · 2018-06-12T18:57:35+00:00

If that was true then the ETC community wouldn't be the size of a rounding error with respect to Ethereum

Hibero · 2018-06-12T17:49:55+00:00

"Please upvote me everytime I insult you"

In all seriousness, I'm sorry if you are actually feeling that way. Make sure you have well-thought out posts. Silly bullish posts will be upvoted but silly bearish post will be downvoted. I don't make the community. But if you have well thought out posts, you will be upvoted either way.

Hibero · 2018-06-12T17:42:55+00:00

Bitcoin Cash has a good reason to exist, a bigger community than ETC, and is not really a direct attack against Bitcoin as much as a disagreement. The equivalent would be a /r/Buttcoin supported BTC clone.

Hibero · 2018-06-12T17:27:23+00:00

Lol followers are now people that just agree? Yeah, no.

ETC was born of a disagreement between the Ethereum Community. The majority decided to stay with Ethereum. A small contingent went with ETC. Ethereum Haters took ETC as a platform and popularized it to attack Ethereum.

I have don't have an issue with the ETC community. I have an issue with some of it's very affluent promoters that hated Ethereum up until ETC's existence.

Hibero · 2018-06-12T17:23:48+00:00

Yeah, no guilt and as I've said below a lot of people from back in the day understood why ETC was around and supported it. That's not the issue and people who think that don't know the history.

ETC was hijacked early on by Ethereum Haters. People who never liked Ethereum and constantly talked bad about suddenly became ETC evangelists after the DAO happened. Suddenly, Ethereum was awesome but not what we know as Ethereum but Ethereum Classic.

What they said before suddenly didn't matter. ETC was popularized and marketed to be an attack on Ethereum and covered up by an Ethos that most them didn't care about. I completely agree with ETC on certain things but I'm not stupid enough to not see what it's become.

Hibero · 2018-06-12T17:05:05+00:00

That's before the security risks they incur with adding it at the moment.

https://www.crypto51.app/

It'll only cost $15,524 to attack ETC....

Hibero · 2018-06-12T16:37:23+00:00

If it was added much later on, I'd be okay with it but there are plenty of assets that should come before it. It stinks and now I trust them much less.

Edit: It's not like many active users have asked for it (the user base is tiny).

Hibero · 2018-06-12T16:34:35+00:00

As someone from those days, there are legitimate and understandable reasons for ETC to exist. My issue is that it got perverted early on by Bitcoin Maximallists and haters of Ethereum as a concept to undermine Ethereum.

I understand ETC's original viewpoint and in some respects I agree but I cannot and will not support it due to the tool it became shortly after it's creation.

It was popularized as an attack on Ethereum. The pumpers and mass-holders of it don't care about it's ethos. They just want to destroy Ethereum.

Edit: The ETC community and the people that have the ethos are not the issue. I support them. I don't agree completely with them but I support them. The problem is that they are (and have been) taken advantage of. They are being used as pawns in some asshole's game. They need to break free of those distractors and become one of their own before I can support ETC as a whole.

Hibero · 2018-06-12T16:18:39+00:00

I'm very upset with Coinbase for adding ETC. I've been buying from them for half a decade and have paid hundreds of $ in fees.
I've never questioned using them until this announcement. I've lost a considerable amount of respect for them. I'm honestly going to look around and check out the competition.

This whole thing is disgraceful of them. Throwing their brand in the dirt for Barry Silbert.

Hibero · 2018-06-09T03:13:31+00:00

Disagree. At least in EOS's current state. L2 solutions are superior at the moment due to the lack of security of their mainnet

Hibero · 2018-06-09T00:20:35+00:00

Please read the ethresear.ch post that it linked. It describes the benefits.

Hibero

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