It's literally impossible to secure Ethereum - the biggest contracts always get hacked.
reddit.com
It's literally impossible to secure Ethereum - the biggest contracts always get hacked.
reddit.com
no
>literally impossible
lol, if ethereum wanted it could launch a functional language today. tezos is far too little, far too late, and combined with the complete kyc failure, nobody is going to waste any time on their platform, other than desperate speculators
Ethereum can't even get PoS off the ground brainlet
typical dunning krugerrand. proof of stake is an entire core change for ethereum. a function language is just a veneer over the EVM. there are already 5+ completely unique languages you can write smart contracts in. you don't honestly think a functional language is enough of a selling point for a completely new blockchain, do you?
>typical dunning krugerrand. proof of stake is an entire core change for ethereum. a function language is just a veneer over the EVM. there are already 5+ completely unique languages you can write smart contracts in. you don't honestly think a functional language is enough of a selling point for a completely new blockchain, do you?
Yea I get the theory bro.
But do you even pay attention to their hacks? Solidity defaulted functions to public, documented them as private, then a jr brainlet removed the deceleration from the prebaked multisig contract.
"hur der - they don't know about safe function scope but functional language" ... cool story bro
dpos/pos is junk
look at eos already charging big money to run on the chain
eth is smart to let you run dapps on your own, and then verify on the chain, like funfair is doing with fate channels
tezos is a flop out the gate
>look at eos already charging big money to run on the chain
> 12 block validators with a constitution who arbitrarily lock funds is the same as PoS
Every time there's a hack a lesson is learned, smart contracts will be progressively more secure, it's childish to expect them to be perfect from the beginning.
Zilliqa..
ram prices are already pushing developers out
block producers/ speculators have no incentive to lower prices
eth lets you run on your own hardware
Big (non-chink) investors in Tezos:
>Winklevoss twins
>Tim Draper
>Polychain Capital
>plus several other notable Silicon Valley VCs and hedge funds
lol at the jeets who think Tezsos is going to crash and burn. I personally think they're praying for cheap to XTZ so they can load up their bags
I think EOS and the ram market is stupid too. Where 12 block producers can set the rates and pay themselves.
They have very very little in common with Tezos ... you run Tezos on your own hardware too?
yes, ethereum looks like it's a shitshow, but you'd be stupid to think thats what any developer is really looking at. none of them are wasting time with marginal platforms, because the value you get developing for a large platform is unbeatable, and itself provides you with a far more secure end result than something theoretically safer, but with little documentation and support network/examples.
developer network effects are real, and much stronger than they appear, because you don't notice them, until you decide to sit down and try to develop something for a platform, and find out how little real world information there is.
this is why people misunderstand the EAA, and why they incorrectly think because they'll be using private networks (as they have to, thanks to bank regulations, and now that EU privacy law) means there'll be little benefit to mainnet ethereum
dpos is fundamentally broken, pos can theoretically work, but most importantly proof of work is only viable for coins as large as bitcoin and ethereum. and because ethereum was a gpu mined coin for a long time, it's amassed so much compute power that it's fundamentally weaked every other generic-gpu-algo coin out there, forever.
just like eos, it's a circlejerk of non-technical late adopter VCs hoping to catch that next ethereum without understanding why there won't be one.
> developer network effects are real, and much stronger than they appear, because you don't notice them, until you decide to sit down and try to develop something for a platform, and find out how little real world information there is.
I agree with this.
But Eth is *supposed* to move to PoS (although they were saying this years ago so IDK)
big investors know you have a low chance of hitting a home run, so they buy the top 10 expecting 9 to flunk out. even novogratz said he's clueless, so is just buying everything hoping 1 winner makes up for 99 losers. that's boomer index style investing.
Novogratz is a putz. The three main entities I named have been in crypto since 2011 or earlier. If you think they're non-technical your whole argument should be ignored
Yea most of these guys don't know who Olaf is, or Sillbert ... maybe winkolvi twins but that's about it
winklevoss twins aren't technical. they're suits.
draper is a clown.
carlson-wee isn't technical. got a sociology major and got lucky buying early from working at coinbase first.
vcs and hedge funds just buy everything. they're mbas, not technical.
BUY MY BAGS
shillbert is technical?
almost spit out my beer
proof of stake was always part of the plan for ethereum, but they're taking their sweet ass time getting there. it looks like its already going to see 10-20% more inflation that it should have.
you don't know silbert, and draper himself doesn't have a very good grasp on the tech, if you've spent any time listening to him, that should be clear. winklevii are better, but they're just looking to diversify, they own enough bitcoin and ethereum already, why wouldn't they hedge with "competitors" to ethereum?
wee is better, because he's actually a developer, but that's what he is, a dev, not an investor, and his punt on tezos has clearly not worked out, he would have made more money in eth in the same timeframe.
I will likely pick up a bag but when it hits a proper exchange and when more start to dump ico bags
lol there is not even a wallet lmfao nice "staking" going on there bud
what is this? you fucking street shitter
tezbox.com
All the Ethereum shills won't know what to do when my tezzies are listed on Geminit. Everyone knows the money Twins are into Tezos. If this happens, expect to see all the institutional ICOs happening on Tezzos.
$500 tezzies 2 years from now.
This is coming from a buy who was stacking Ethereum for months when it was under $5.
Why is DPoS fundamentally broken? I understand that there are incorrectly implemented versions of DPoS EOS, steem, lisk, bitshares etc. But what about your Arks of the world? There's some contentious game theory points to pick up on but with enough adoption in theory decentralisation is possible, no?
I was a presell eth buyer while all the bitcorners had the same attitude towards it eth moonboys have towards tezos.
Absolutely beautiful