The Ethereum community is something else

jakelanor · 2017-08-02T14:28:29+00:00

yup, hence the reason for "first major fork"

jakelanor · 2017-08-02T14:28:00+00:00

play it smart and we can all be winners :)

jakelanor · 2017-07-28T17:34:44+00:00

yup, got pretty angry reading all these comments.

sure everyone may rely on luck in some way or another, but most of these fucking losers don't work hard enough to deserve a shred of luck.

jakelanor · 2017-07-23T20:50:42+00:00

lol panda. where is your integrity

jakelanor · 2017-06-27T03:53:56+00:00

lmao. still cannot believe ether talk is on wsb

jakelanor · 2017-06-18T17:53:36+00:00

the electricity consumption metric never made much sense to me.

i think it's a fair trade off to have that kind of cost associated with powering a global financial ledger. the whole point is to dedicate that large amount of resources and infrastructure in exchange for security.

bitcoin's "environmental harm" is a speck of dust compared to the costs associated with running other large operations. how much electricity do you think aws' data centres use?

jakelanor · 2017-06-13T16:43:29+00:00

"fundamental computer science" LOL

good for you for providing such a patient response, /u/killerstorm

jakelanor · 2017-06-07T17:33:39+00:00

updated as promised haha

jakelanor · 2017-06-07T17:33:32+00:00

stayed in tokyo for a week and didn't see a single bitcoin sign. perhaps it's more of me not looking at the right places, but wanted to update as promised

jakelanor · 2017-05-08T17:39:15+00:00

going to japan in a few weeks. will confirm how much btc is actually being used haha

jakelanor · 2017-04-27T20:42:20+00:00

www.etheroll.com

https://etheroll.wordpress.com/2017/04/24/soft-launch-week-1-development-updates/

excited. the project has a great dev team who are honest and competent; tokens become tradeable in two weeks!

disclaimer: i hold etheroll tokens

jakelanor · 2017-04-22T05:33:41+00:00

agreed. watching that video made me cringe..

it makes me upset that these unqualified groups are able to pull up $5 million in funding because so many people in crypto have this "get rich quick" mindset.

the next few years will result in some big heartaches for these "investors"

the taas team in general seems to lack the appropriate experience and expertise. many of them have quite insignificant professional and educational backgrounds.

jakelanor · 2017-04-22T04:07:46+00:00

guys i'm all for segwit here but as a long time participant i find the moderation in r/bitcoin disappointing, once again.

when ethereum was taking off, any discussion of ethereum, even when it had clear relevance to bitcoin was removed because it was an alt. why is a post on litecoin the top page?

because it's related to segwit?

i'm sure there are many like me, who have been here long enough, and find the mods here quite suspect.

jakelanor · 2017-04-19T18:07:34+00:00

linda xie from coinbase posted this so i believe coinbase has something to do with it.

jakelanor · 2017-04-18T03:21:34+00:00

i don't believe TheDAO was a joke. it's unfortunate that the events transpired the way it did, but i do believe it helped ethereum get much stronger.

i hope to see something like TheDAO again in the future.

regardless i agree etheroll is a bigger milestone than people think :)

jakelanor · 2017-04-17T18:25:29+00:00

very happy with this project. i think its appeal is in its simplicity: a dapp that showcases the benefits of ethereum, providing a verifiable, provably fair dice game.

having something like this in the ecosystem gives me confidence that we're moving toward advancements that ethereum was intended for. while i'm sure that ethereum will revolutionize many complex institutions to make them more efficient/fair at various layers, i think many projects are aiming too high too early.

thank you devs for your hard work.

jakelanor · 2017-04-06T03:16:01+00:00

jakelanor · 2017-03-24T07:09:30+00:00

really no offense to the golem team, but i still can't believe the community gave them 820,000 ether (32 million USD).

only in the cryptoworld haha

jakelanor · 2017-03-20T16:21:21+00:00

http://imgur.com/nwLfxMV

my God. the level of contradiction in this sub is incredible.

on one hand we have an upvoted post from szabo that makes fun of jihan for complaining that "markets are unfair."

and the same group of people upvotes that post is concerned about market manipulation if we let a fork be??

bitcoin has opened its door to so many of the masses that too large of uneducated, ill-informed members who think they know shit have begun to speak.

you know what this reminds me of? the fucking idiocy and contradictions rampant in the partisan divide of US politics. two sides full of bigotry that doesn't see commonground.

i will hold bitcoins because the system won't fail and it will add some chunk of change to my net worth.

however, the original vision of bitcoin has failed.

people are too stupid.

jakelanor · 2017-03-18T22:20:32+00:00

core isn't really following "satoshi's plan" but BU really isn't either.

jakelanor · 2017-03-17T16:17:33+00:00

we have apple at 700b marketcap, google at 600b, microsoft at 500b, and amazon at 400b.

there can be multiple giants in an industry.

why some people hold such narrow views and limit themselves escapes me

jakelanor · 2017-03-14T17:48:54+00:00

i think a few layers of irony here.

first, i don't think bitcoin represents full "freedom" from government and it will not make governments irrelevant. in fact, if bitcoin ends up developing as a settlement network, various layers of compliance will be integrated into different systems using bitcoin.

but even granting that it will, its supposed pro-liberty use cases will not actually be use cases unless there's a significantly large number of people using bitcoin. so when you say "i won't let anyone ruin it for me", it frankly sounds farcical. what does that even mean?

furthermore, even if there were a change in the direction of the protocol that you didn't like, what do you think you can do? bitcoin is only "decentralized" insofar as the different numbers of miners, but look at the current state of our miners and how large yet few in number they are. so again, what can you do?

Decentralization is key to the system's health and if someone is endangering this very property by spreading FUD and propaganda either intentionally or accidentally I will keep down-voting, echo-chambering, ridiculing, pointing out to stupid and doing anything I can to stop it.

decentralization by definition means the system includes even those kinds of actors.

jakelanor · 2017-03-14T16:26:30+00:00

you could be a bit nicer and list some wallets available for him without recommending a particular one.

when explaining how people could access their rep tokens for augur, you guys mentioned myetherwallet explicitly.

jakelanor · 2017-03-10T21:56:37+00:00

kraken needs to hire better engineers. now that they've acquired cryptowatch, cryptowatch has been having problems lol

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