Every ETH you own now earns you interest from the network fees paid on the network. Who else here planning to accumulate enough ETH to earn enough interest to never have to wagecuck again?
*goes proof of stake*
Ryder Garcia
Other urls found in this thread:
trustnodes.com
github.com
ethresear.ch
youtube.com
aragon.one
en.wikipedia.org
twitter.com
Julian Smith
This is only if you stake your eth, which will require over 1000 ETH easily. So good luck to any of you Pajeets thinking this will help you.
Dylan Moore
the interest is miniscule you idiot. unless you are holding at the minimum of low 7 figures, you are still going to wage cuck.
Elijah Cox
They have already confirmed staking pools so plebs can get interest too
Jeremiah Gutierrez
This. It is just another way for this scam to benefit the people at the top. Pretty hilarious when crypto was marketed as a way to fight income inequality lol.
Alexander Price
what gives ethereum value? it is a utility coin used to pay for sending erc20 tokens
now ask yourself, are all those tokens actually worth anything? I think they will all die when market matures, and so will ethereum
Julian Watson
yup I am currently developing my ICO .
*token contract and crowdsale contract is finished
*website is nearly finished
*currently hiring some larp indiens chines to show off a great team and actual work.
*then i let those people pose in front of mcdonalds payment processors post pictures on 4chain reddit twitter.
price will explode from nothing to a few dollars.
*Earn extra money from the feozen developer funds by selling it on binance
* biggest goal pay the shitload of money to binamce so they list your coin.
the goal of the ICO is to get around 1000ETH in profit.
John Torres
Pooling for staking is the equivalent of a bank. Only way i'd touch this shit with a 10 foot pole is if it is a decentralized contract, which I hope is the path that's being taken.
Or chainlink of course
William Gutierrez
no you have the wrong numbers,
vitalik said, that you need 100ETH at the begining and this will get lowered down to 30ETH.
and who the fuck didnt has 100ETH?
Lucas Campbell
>1000
trustnodes.com
Staking pools will come by anyways.
This. Stakers will just barely outrun the inflation. So in reality, if you are an ETH investor anyways, you'd better stake it and it will be an only slightly better store of value than Bitcoin. If you are actively using ETH in some projects or for paying stuff, you will want to spend it because otherwise it will lose value over time. If you don't like ETH in general, then just don't invest/stake.
Don't invest into ETH for the hopes of passive income with staking.
>what gives a crypto value?
s.m.h.
Hunter Sanders
Pretty sure it's 1500 eth needed at the start
Gabriel Nelson
steemit is better for this if you either use steem power or collect interest in the savings account. There are other coins like this too.
Jackson King
Need any help from a non-Pajeet? Also working on whitepaper/ICO setup.
Juan Bell
Wyatt Miller
POS is a PIECE OF SHIT
Eli Flores
>This. Stakers will just barely outrun the inflation.
Unless ETH scales and Transactions become massive in volume
Landon Mitchell
the only thing pos is doing is reinventing interest. you can only make money if you already have it. proof stake is a dead end tech culdesac.
Dylan Wood
>github.com
Dude fucking read.
It's going to be 0 inflation with a fixed supply.
Hudson Powell
Wow, you're clever. How do I get clever like you?
Angel Turner
I dont really know if I like this, but it will work.
Julian Flores
Be careful before you dismiss ETH
Jordan Davis
BY SELLING BCASH SHIT COIN !!!
Lucas Jones
lol corecucks on damage control because PoS is goign to save the planet and make the communist cypherpunk dream a reality
Carter Gonzalez
unironically this
Ethan Sullivan
>communist cypherpunk
pick one, you cant have both.
Kayden Foster
ETH is full of cypher punks
Ethan James
I dont give a fuck if ETH is full of aliens from outer space. Encryption makes it impossible for the state to gain enough power over the people to enforce a communist state.
You will end up with anarchic / libertarian situation where taxation becomes completely fucking impossible.
Evan Moore
Look up Aragon, the future of governance is factions
Nathan Sullivan
this nigga
W O K E
O
K
E
Blake Rogers
This. It gets implemented because it is in the interest of to those who hold ETH, which is to say everyone involved in decision-making from money skelly down.
Sebastian Turner
>factions become powerful
>claim base of operations
>lines have been drawn
Congratulations you have reinvented clan warfare robber barons and city-states. Next up people nation-states. I can't wait.
Ryder Roberts
Rocketpool uses smart contracts for staking.
Henry Wood
This creates a critical problem. Most autists as we should all well be aware are willing to mine cyber tokens at a literal negative interest rate, there are two stronger drivers - they are able to larp as contributing members of society by fucking around with their computer game cards and they are able to discretely transfer wealth from their parent or in rare cases landlords via the energy bill. With staking these evaporate entirely.
Anybody with the money to live off interest is going to try and maximize comfort through the best rate possible. There is literally nobody not already bag holding ETH who is going to lock any away at an interest rate not representative of the risk.
The hype of POS will pamp it, but as soon as other moon missions start taking off it is time to get out.
Nolan Wilson
>communist
>state
Pick one.
Liam Carter
>Look up Aragon, the future of governance is factions
Its probably not going to be factions. Mainly because any faction will be comprised of people who are not technically part of that faction and can come and go any time they want.
Elijah Edwards
>The absolute state of commies
Go read a book brainlet. Maybe Marx so you actually understand the ideology
Ryder Russell
"communism is a classless, stateless, moneyless society" - per Marx.
Of course all the fucking idiots who implement it get it wrong, but telling someone to read Marx isn't really going to work when that's what he wanted.
Gabriel Lopez
yeah I was not even able to respond to that. Like what the fuck? How does one say you have to choose between the state and communism?
I suspect STRONG BRAIN DAMAGE. Maybe trolling?
Lincoln Jones
>fight income inequality
No, it cuts out the (((middlemen))) and lowers barriers to entry.
Nicholas Foster
how are you planning on getting the richer people to share with the poorer people without state force?
Samuel Nelson
I don't want to be a communist, I just know what it is.
Nicholas Hughes
stateless in that context is talking about only one central power. Which is one state with no other smaller states within. which means its essentially stateless.
Gavin Ward
Man you guys are autistic AF.
The interest literally comes from the fees paid by transactions.
The more transactions, the more the interest will be.
Liam Garcia
I think you want to believe you know what it is. But you dont even understand that stateless means only one state.
Isaiah Gonzalez
I’ve read Marx and it is SJW-tier mental diarrhea
Robert Powell
How does PoS work? If there are no miners, who will process transactions?
Justin Young
en.wikipedia.org
Literally the first google result ya dumb bitch
Asher Campbell
Stakers
Chase Gomez
Is this in context of rising of the proletarian? In that case the context is removing the state so you can replace it with a single power which is a stateless society. Which means ONE STATE.
Jaxon Perez
>stateless means one state
The absolute STATE of bizcucks
Thomas Evans
It sounds weird but its true. One central state means its stateless. It means you dont have to think about having multiple states in the same country.
Cameron Murphy
Can't believe how easy that was.
Liam Martinez
Biz is retarded.
ETH will blow up like crazy when staking is possible.
Joseph Wood
Retard even hardcore gommunists acknowledge that this cant happen because Groucho Marx was a delusional cult leader who believed that human nature is 100% environmental and that we must simply restructure human nature and eventually no one will ever commit crimes because we will all be drones. Dude was seriously messed up in the head,
Thomas Rivera
airdrop pls
Asher Wood
>ETH will blow up like crazy when staking is possible
>less interest than NEO and QTUM
>about to get EOS'd
sage
Jacob Evans
take a nice look at CMC. look at the top 15 coins. I see dapp capable coins that don't require mining and have much faster transaction times a lllined up and moving to the top 5 in single file.
Zachary Scott
>and who the fuck didnt has 100ETH?
dunno, like the 99,99999999% of the population?
Jaxson Jackson
/thread
Andrew Wood
why you talk like miners are autist brainlets? srs question. Im thinking about getting in big time when the new cards arrive.
Hunter Carter
top kek
Connor Ortiz
everyone and their mom have 100eth that's pathetic
Easton Perry
Has nothing to do with what I posted or why I did but thanks for the pontification, your half-baked political philosophy is of the utmost interest to me