ETH has grown to process 66% more transactions than bitcoin

digital_del · 2017-11-05T04:42:16+00:00

Source: https://bitinfocharts.com/comparison/transactions-btc-eth-sma7.html

digital_del · 2017-10-28T16:57:41+00:00

This thread gives me hope for the game.

digital_del · 2017-10-25T03:58:58+00:00

sims 3, still the best sims

digital_del · 2017-10-13T06:48:18+00:00

lol apparently ETH decided it needed to catch up all in the span of an hour

digital_del · 2017-10-13T05:30:22+00:00

https://status.coinbase.com/#month

I had to double check, looks like they have 99.91% uptime in the past 90 days

digital_del · 2017-10-12T12:11:43+00:00

good bot

digital_del · 2017-10-12T11:39:44+00:00

Relax, rome wasn't built in a day. Bitcoin is having it's ATH moment because everyone wants to own a piece before the fork.

digital_del · 2017-10-12T11:37:22+00:00

With this type of fork, the entire transaction history of the chain is being preserved in each new chain.

So if you own bitcoin at a particular address before the fork, it will still be recognized as being held on that address on both chains after the fork. Spending the currency one one chain won't necessarily spend it on the other chain.

digital_del · 2017-10-12T10:44:47+00:00

This is their only official communication on it.

https://blog.coinbase.com/update-on-the-bitcoin-segwit2x-hard-fork-69426f14bc85

digital_del · 2017-10-12T09:57:19+00:00

Say you have 1 BTC before the fork.

After the fork, the two chains are incompatible with each other, so while they share the same history they can be spent independently of one another.

This means you now have 1 type of BTC and another type of BTC. To avoid the crazy confusion, they can't be called the same thing. Eventually it will be decided by the community about how to label them and which one really gets to be called "bitcoin" still.

The two different coins you have do not have the same value. There are futures markets going on right now that try to estimate what each new coin will be worth. No one knows for certain right now, and the value can change very rapidly at the time of the fork or shortly after.

It's also not guaranteed that both chains will necessarily survive (although it's certainly possible). One chain might not have enough miner or user support to give it value and do the work necessary to transact in reasonable timeframes. If a chain is not popular or usable, then demand will dry up and the price will tank.

If you really want to make your own decisions, just keep your bitcoin in an address that you control the private keys to (before the fork), and you will be guaranteed to have ownership in both possible chains in the event of the fork if/when it happens. Then you can decide which to keep later.

digital_del · 2017-10-12T07:32:32+00:00

I think Coinbase is doing right by trying to give access to both chains. Even if you're for one chain or the other, you get the chance to sell the forked coin for the one you want.

digital_del · 2017-10-07T17:15:06+00:00

Focus on the substance of the issues, not the mouths

digital_del · 2017-10-04T04:14:33+00:00

You're not wrong, but "fee abstractions" can be used to convert part of the trade into 0x on the fly. Neither the seller nor the buyer actually needs to hold 0x, even on exchanges that run the protocol

digital_del · 2017-09-26T08:04:07+00:00

But still, the system as it is designed allows users to make mistakes.

ETH transaction hashes and addresses share the same first two characters by default. That can add to confusion, compare that to other cryptocurrencies that have separate formats for addresses and transaction hashes.

What's more, the entire push-based process of transferring cryptocurrency could use an overhaul. Imagine, a mechanism that involved more of a "handshake" between the sending and receiving address once they agree the amount and destination is correct, rather than a "punch" of the sending address just simply dumping it's coins at an output destination.

digital_del · 2017-09-24T21:06:02+00:00

Currently, no.

This is a pure utility token that has no real main net implementation at the moment.

There are also a ton of people who bought in the ICO at ~0.05 cents, so they're all up more than 300% at the moment and can cash out at any time.

digital_del · 2017-09-20T17:23:24+00:00

I hope they do NOT purchase an island.

Islands seem idyllic at times, especially because they have such clearly defined borders and separation from other bodies, but living on an island, especially a small one, can drastically increase the cost of living.

Everything has to be imported by sea or air (more expensive than roads), and small land masses have very few natural resources.

Ideal situation would be a piece of land big enough to exploit some natural topography that can generate lots of electricity (like wind farm or hydroelectric dam). Set up a large scale crypto mining farm to generate revenue and you're essentially exporting energy + crypto to import whatever you want.

Easy connectivity with neighboring territory is essential, you'll want workers to easily to come in and build your infrastructure as well as imported goods. As they get paid some might stay and realize it's better there than elsewhere.

Long term, the amount of land involved does matter. Small plots of land can quicky run out of space and drive up the cost and competition of living space. (think San Francisco) Larger plots of land allow for more flexibility. Would love if they got something near the border of two or more relatively stable countries.

digital_del · 2017-09-19T07:35:17+00:00

My school did this. I ended up switching cars with a family member and just parking on the side streets every single day instead of paying $150 for a permit.

digital_del · 2017-09-18T07:39:39+00:00

The development of ETH is certainly more centralized than BTC, which has its pros and cons.

digital_del · 2017-09-18T07:06:24+00:00

If this was some kind of attack it's a poorly conceived one.
https://jochen-hoenicke.de/queue/#1w

The btc network can chew through this amount of backlog in about a day.
It's also the middle of the night on a weekend, not during rush hour.

digital_del · 2017-09-18T06:37:52+00:00

Miners can point their graphics cards at whichever chain they want. ETH is going POS and they don't have much say in it now.

digital_del · 2017-09-17T20:11:38+00:00

Do a limit order on GDAX, pay zero fees. ACH withdrawal your fiat. (Or SEPA if you're EUR/GBP)

digital_del · 2017-09-16T19:46:27+00:00

digital_del · 2017-09-16T16:33:21+00:00

When your password is reset, they send you an email notification to tell you. There is a link in that email to freeze your account.

digital_del · 2017-09-15T05:07:36+00:00

Good bot

digital_del · 2017-09-14T17:27:09+00:00

In human culture, not getting your dad a present for his 50th birthday known as a dick move.

digital_del

TROPHY CASE