ethereum coin reddit

Ethereum is an open blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology.Like Bitcoin, no one controls or owns Ethereum – it is an open-source project built by many people around the world.But unlike the Bitcoin protocol, Ethereum was designed to be adaptable and flexible.It is easy to create new applications on the Ethereum platform, and with the Homestead release, it is now safe for anyone to use those applications.Homestead is the second major version of the Ethereum platform and is the first production release of Ethereum.It includes several protocol changes and a networking change that provides the ability to do further network upgrades.The first version of Ethereum, called the Frontier release, was essentially a beta release that allowed developers to learn, experiment, and begin building Ethereum decentralized apps and tools.Ethereum was crowdfunded during August 2014 by fans all around the world.It is developed by ETHDEV with contributions from great minds across the globe.
Ethereum is a programmable blockchain.Rather than give users a set of pre-defined operations (e.g.bitcoin transactions), Ethereum allows users to create their own operations of any complexity they wish.In this way, it serves as a platform for many different types of decentralized blockchain applications, including but not limited to cryptocurrencies.Ethereum in the narrow sense refers to a suite of protocols that define a platform for decentralised applications.At the heart of it is the Ethereum Virtual Machine (“EVM”), which can execute code of arbitrary algorithmic complexity.In computer science terms, Ethereum is “Turing complete”.Developers can create applications that run on the EVM using friendly programming languages modelled on existing languages like JavaScript and Python.Ether is a necessary element -- a fuel -- for operating the distributed application platform Ethereum.It is a form of payment made by the clients of the platform to the machines executing the requested operations.
To put it another way, ether is the incentive ensuring that developers write quality applications (wasteful code costs more), and that the network remains healthy (people are compensated for their contributed resources).ethereum value calculatorWhat is Ethereum up to these days?bitcoin hits 1600barehunter March 2015 in Ethereum Comments testman March 2015 @barehunter, I am glad you brought this up.bitcoin kanyeWhen people start yakking about Paycoin being a scam, all I can think is how much bigger a scam this was.ethereum diceEthereum was a huge scam.bitcoin rbiAt least Garza produced something.litecoin price aud
Granted it's mostly useless, but I got immense drama and entertainment for my wasted bucks.Ethereum guys seems to have skated off with the money./r/ethereum/comments/2zoawi/ethereum_foundation_out_of_money_xpost_rbitcoin/cpkxg3yAnyway, it just shows you what happens when the founders are "trusted"...he is hardly getting attacked the way he should be... testman March 2015 /r/Bitcoin/comments/2zmqfa/184_million_dollars_and_198_days_later_feel_the/ CoinGuy March 2015 I'm not sure it's paycoin level fraud.dogecoin blockchainI think @PhonikG is using Ethereum and might have some insight.bitcoin core ubuntu serverbarehunter March 2015 PhonikG April 2015 /news/114000/is-ethereum-vaporwareThere is software there... you can install it... you can create your own local ethereum network as proof that it works in its current form.pool bitcoin comparison
I've done it, I've seen it, I've played with it, I've sent chat messages on the "dark" Whisper messaging client./ which displays specific nodes on the current network.Is it waaaaaay behind in its release?That does not make it vaporware.Should you have purchased ether?In my opinion, not unless you are planning to develop on the ethereum platform.Ethereum was VERY clear about this.If you purchased ethereum as an investment, YOU decided to make that purchase.***Full disclosure - I am not paid in any way by ethereum.I am however part of an early stage project based on the ethereum platform.barehunter April 2015 Ethereum was VERY clear about this.If you purchased ethereum as an investment, YOU decided to make that purchase.Thanks for clarifying ethereum has produced something.I don't remember reading anywhere that Ethereum thought only developers should invest.They seemed happy to accept everyone's money.There is a lot of literature about Ethereum and I could have missed that.Not good when someone connected with the project admits its a bad investment.Counterparty put some of Ethereum's code to work some time ago.
Is that going to be the end game?Other developers and projects cannibalising Ethereum's code?Btw.No sour grapes here.I did not invest, thank goodness.Just concerned that those millions of dollars could have been better spent.CoinGuy April 2015 @PhonikG thanks for that update.I agree with @barehunter seems a lot if money was wasted/could have been better used.At the same time Ethereum is not alone in raising a lot of capital and squandering it with a delayed release.For example, I'm not like Theymos who started a campaign to build custom forum software -- although 6,000 BTC is welcome anytime.DogeDigital June 2015 barehunter June 2015 barehunter August 2015 Sign In or Register to comment.Coin Spectator The latest cryptocurrency news thrown together in to one super convenient list (just scroll).Over 140 sources including: {{ form.criteria }} × {{ form.source }} × FILTER: {{ newsItem.headline }} {{ newsItem.source.domain }} {{ humanDate(newsItem.published_at) }} Load More Zero, Zip, Nada, Zilch