- Yesterday Bryan Armstrong (CEO of Coinbase) wrote a blog post about using cryptocurrency for charity. He described my project almost exactly. Last week I started the interview process at Coinbase. The recruiter and I discussed my project
- We need to change the conversation in social media. It's not Bitcoin, it's Ether that will change the world. -Vote to keep in top
- 300k Etherians!
- NASA plans to use Ethereum in space!
- Russia Denies Any Possibility to Ban Cryptocurrencies
- Plasma Implementers Call #1
- The safe low transfer cost is $0.00 right now
- Hacker Steals Over $150,000 Worth of Ethereum From Experty ICO Participants
- How likely is it that we'll scale to VISA level transactions?
- The blockchain: A programmers nightmare and why dApps are so hard to program.
- Video about the inherent pricing inefficiency of having both BTC and USD trading pairs (9min)
- Reduce issuance (yes, again)
- How do I check if I have received any tokens in my Ethereum Wallet?
- What's the point of decentralized utility tokens if their value totally depends on the actions of controlling entities?
- OP in r/bitcoin thought rearranging them into a circle will make people not realize there are actually a few centralized “hubs” in the network already, contradicting keeping decentralization.
- BlockQuests - D&D Style RPG Backed By Ethereum
- What actually useful Dapps do you want to see on Ethereum?
- Purchase with ethereum?
- Mechanism Design Security in Smart Contracts – Matthew Di Ferrante
- When your transaction is *that* important
- Apply by Friday for a summer 2018 job coding in the Ethereum ecosystem
- Cardstack - thoughts?
- Starting with Ethereum - Deploying and running a contract
- EtherDelta vs IDEX
Posted: 28 Jan 2018 10:46 AM PST This is not an accusationMy name is Alex. Last week I interviewed with Coinbase. For the past three months my friends and I have been donating work to a charity project designed to perpetually fund charitable organizations. I consider this amazing serendipity. I am very excited. So, I am asking for your help getting this to his attention. I have filled out the form in the blog post, emailed through earn.com, replied to the blogkmessaged /u/bdarmstrong and I emailed my recruiter directly. I believe in being thorough, below is a description of our project. This is not an accusationOriginal Post: https://www.reddit.com/r/ethereum/comments/7teto5/brian_armstrong_coinbase_ceo_proposing_a/dtcvk21/ TLDR: https://igave.io/whitepaper.pdf I Gave - A Decentralized Autonomous Charitable Organization to perpetually fund Charity Operation CostsRaising donations for operations costs is the most challenging obstacle for charitable organizations. I Gave is a DAO for funding charity operation costs. All Ether raised in the ICO will go to donations that grow non-profit organizations. A monthly vote by IGV token holders will decide the recipients. The I Gave DAPP is a smart contract for charitable fundraising. Fundraisers issue ERC-721 digital assets representing donation items. Tokenizing charitable donations creates a decentralized philanthropy market. A Metamask enabled embedded HTML snippet allows anyone to accept Ether donations on behalf of charity on their website. Philanthropists purchase the ERC-721 tokens to make their donation. Web3 provides donor token holders new web experiences based on their donations. ProblemLarge charities need funding to keep their organizations running. They must pay employees, raise funds, incur building costs, and marketing. Even then, donors must trust their money is well spent. These investments in themselves are often, wrongly, stigmatized. From 1970 to 2009 the number of nonprofits to cross the $50M revenue barrier is 1441. The number of for-profit was 46,136. Why are nonprofits incapable of capturing market share? Money is the symptom. Social dogma is the problem. It is taboo to profit from helping others. The things we are taught to think about giving and philanthropy and charity undermine the causes we love. We have no problem with someone making millions of dollars selling widgets but make half a million dollars curing sick kids and you risk character assassination. Philanthropists prefer their gifts go to the needy. It's a difficult problem explaining that marketing benefits the needy. A donation that grows an organization can help tens or hundreds more. Risk is also heavily scrutinized. A Hollywood movie can cost millions and flop at the box office. If a charity CEO fails to deliver a return in a short period of time they may lose their career. Without the ability to take risks, entrepreneurs cannot generate innovation in the space. Offer / SolutionsDecentralized Philanthropy MarketTokenizing charitable donations creates a new commodity. Philanthropists can shop for donations. We've created an embedded donation button. Once a charity issues a token supply anyone in the world may add our script to their page, decorate HTML elements and begin accepting donations on behalf of charity. There are no middleman fees, the buttons interact directly with the smart contract. This allows brands, shops, celebrities - anyone - to style the button to match their brand, to create their own lists and markets for giving. It is completely customizable with CSS. Monthly DAO AllowanceThe ICO contract will place 100% of ICO funds in a voting contract controlled by token holders. Each month, the contract will unlock a portion of funds. Each token may direct the funds to a charity address on a whitelist. Charities will petition the DAO to be added to the list. The DAO will determine eligibility and criteria. Dev Funds will follow the recently proposed DAICO model. Ecosystem of DAPPsThe first I Gave DAPP supports creating charity campaigns, issuing tokens (tokenizing donations), automatic 501c tax certificates, a donation portfolio, and a tracking dashboard. 1% of all donations made on the DAPP are added to the Monthly DAO Allowance. ERC-721 Token VotingWe intend to give donors voting rights in the DAO. In time, as the number of donors increases, the ERC-721 donor token values will eclipse the original ICO token values. The flippening will occur and philanthropists who have given will eventually have more votes than the ICO token holders. The philanthropists will inherit this project. At no time are ICO funds controlled by myself or anyone on the project. Everything is handled through smart contract. Progress
Who are you?This is me: https://www.linkedin.com/in/alexsherbuck/ I was working at Bitpay until the beginning of this month when I started doing this project full time. Crypto-Philanthropist ManifestoIn less than ten years we've built ourselves a reputation as drug dealers, money launderers, terrorists, and scammers. Whether it's true, or not. This project means to challenge our community. The double standard set for non-profits incites the same feelings I felt getting into cryptocurreny in 2012. These organizations are our allies. No one innovates in their space. It's very easy to empathize with organizations who are already pushed to the brink. They can't take the risk. We can. But we have pushed ourselves to the point where people will take our money but are dubious to associate with us. Solving the tech debt with scaling is not the end of our race. There are mountains of debt in reputation, brand, customer service and user experience. We've created a bubble. Not with the price but with the direction we're all heading. When the market finally corrects we may not recover. This project is not a part of the crypto gold rush. If anything, we are going in the opposite direction. This is a chance to show the power this technology has to affect change. If we want to build the world we want to live in we have to prove that the tools we use can do it better than those that came before. [link] [comments] | ||
Posted: 28 Jan 2018 11:01 AM PST Bitcoin will always be there because it has the network effect that thinks that it represents a suitable storage of value. However, it's not bitcoin that will rule the world. It's Ethereum. Anyone can create bitcoin like Assets inside Ethereum. So the future will be smart/decentralized contracts. Bitcoin needs to solve major technological challenges with scalability. It has lots of problems. It's ether that everyone should be excited about. [link] [comments] | ||
Posted: 27 Jan 2018 11:50 PM PST Congrats Ethereans, we're over 300k strong. May we continue to grow, prosper, and spread the gospel of decentralisation :) Centralisation is power. [link] [comments] | ||
NASA plans to use Ethereum in space! Posted: 28 Jan 2018 04:29 PM PST
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Russia Denies Any Possibility to Ban Cryptocurrencies Posted: 28 Jan 2018 03:33 AM PST
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Posted: 28 Jan 2018 05:00 PM PST
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The safe low transfer cost is $0.00 right now Posted: 28 Jan 2018 06:49 PM PST
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Hacker Steals Over $150,000 Worth of Ethereum From Experty ICO Participants Posted: 28 Jan 2018 09:03 AM PST
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How likely is it that we'll scale to VISA level transactions? Posted: 28 Jan 2018 01:02 PM PST How big of a challenge is blockchain scaling in reality? [link] [comments] | ||
The blockchain: A programmers nightmare and why dApps are so hard to program. Posted: 27 Jan 2018 09:09 PM PST dApps are hard. Why? Because the blockchain is a programmers nightmare. I don't mean that in a bad way, it is simply an unfortunate natural order of things. Consider a centralized trade: A user looks up a quote, makes an order, the centralized server responds in seconds with a state of success or failure state in a certain amount of time. And all sorts of simple optimizations are possible to make a success outcome very likely. Consider a decentralized trade: A user receives a public order book, signs a transaction, and submits it to the blockchain. Now three things can happen
But what makes this problem so much worse is that due to the public nature of the ledger, and the variance in transaction times, the market state can change so much by other transactions processed before the aforementioned one. This dramatically increases the chance of a transaction failure due to app conditions changing. So now we as developers have to keep the pending transaction in a visible "pending" state until it is processed. But wait theres more! Since we don't control the users account, they can resend a transaction with a higher gas price and the same nonce, changing the transaction hash in a way that may not be visible to the dapp, and effectively putting the old transaction hash into... transaction purgatory? This is quite easy to do on with MetaMask and possibly others. So essentially what you have is this transaction queue where you have no control over the state of each item, items can be replaced by the user without the dapp's knowledge, and items can exist in "pending" states effectively forever. I don't know why I wrote this, but I guess what I'm saying is its hard. Every day we have people working on retooling the way we think about web development to get this system to work better for the user, and its going to happen. We just have to be patient, but this is a key to mainstream adoption. A user experience that is smooth and intuitive. If there are any talented frontend developers reading this, I highly encourage you to dive in to smart contracts, and analyze transaction workflows and how they can be improved. Its a huge need in the dApp world right now, where a lot of the dev talent is coming from the backend developers like myself who are rather poor at UI/UX. [link] [comments] | ||
Video about the inherent pricing inefficiency of having both BTC and USD trading pairs (9min) Posted: 28 Jan 2018 04:56 PM PST
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Posted: 28 Jan 2018 02:16 AM PST tldr. We have an ethical obligation to minimise our environmental cost - especially when a solution is so readily available to us. Around the time we were discussing the last issuance reduction the hashrate of the network had increased to 23 TH/s. It is now over 200 TH/s. What is the cost? It looks like the best cards, overclocked, can achieve a per watt hashrate of 0.28 MH/s. That correlates to a lower bound for network power draw of 714 MW. That places the Ethereum network somewhere above Ethiopia in terms of power consumption. Ok, saying that the network consumes as much power as a country of 100m is perhaps not that meaningful. What it should at least mean, though, is that we take the issue of our external costs seriously. What security? Issuance is the control we have over the supply of hashing power. By not managing our demand we encourage the growth in supply. This is counter-productive for security as the real danger is hashing power at a scale that can threaten the network. It's better all around if new graphics cards go back to playing Call of Duty (or whatever, i'm old) - and the gamers will like us for it too. [link] [comments] | ||
How do I check if I have received any tokens in my Ethereum Wallet? Posted: 28 Jan 2018 11:55 AM PST Hi, I participated in a blockchain event for ICOs, in which I won a draw to receive some free tokens. It was Playkey tokens (PKT). I emailed the representative with my ethereum address that I generated using the Mist wallet, as he had asked me to. And then I pretty much forgot about it. Now I'd like to know if I have received those token, but I have no idea how to do it. I have seen some tutorials about how to fund ICOs and receive tokens, but I think that doesn't apply to me, or I just don't understand it. I'm still new to this technology and still learning. I would just like some help in finding out if I received any tokens. Thanks. Edit: Thanks guys for suggesting Etherscan. I see over there that I have received the Playkey tokens. I'm just trying to figure out now how I can access those tokens, as in my Mist wallet I don't see them. Edit2: I just followed this tutorial https://steemit.com/mist/@diginet/how-to-watch-a-token-in-mist-wallet, to connect the token contract address to my mist wallet and now I'm just waiting for it to sync for my tokens to show up. Thank you. [link] [comments] | ||
Posted: 28 Jan 2018 02:16 PM PST If a project dies, the tokens lose their value regardless whether it was centralized or decentralized (bitconnect). Project owners are interested in success. In case of a centralized app, why would they sabotage themselves, unfairly editing the database or censoring good users? The logic is the same as in the 51% attack problem - it's possible but unprofitable for the attacker. Centralized apps can also be transparent and utilize blockchain technology, making the transaction history public and allowing anyone to verify the state. There are no transaction fees and confirmation times. Hacks are also much easier to handle since you are the government and don't have to deal with other parties. You make decisions that are the most beneficial for the project and the users. Was the $500 million NEM hack good for the network? Definitely not, people lost money to a criminal. So, please, tell me the advantages of decentralization that outweigh everything that has just been said. [link] [comments] | ||
Posted: 28 Jan 2018 01:39 AM PST
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BlockQuests - D&D Style RPG Backed By Ethereum Posted: 28 Jan 2018 12:24 PM PST
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What actually useful Dapps do you want to see on Ethereum? Posted: 28 Jan 2018 05:45 PM PST Sometimes I hear about people who refer to Ethereum as "the Internet in the 1990s" -- a platform that just needs some killer applications to gain serious traction. What do you think those apps will be? Many Dapps I've seen so far are just proof-of-concepts or do not offer as many benefits in comparison to a regular centralized web app. Essentially, what do you believe the "killer app" of Ethereum will be? [link] [comments] | ||
Posted: 28 Jan 2018 11:11 AM PST I want to purchase something from someone who accepts ether. How would I go about the transaction with assurance that I won't lose my ether. It's through eBay [link] [comments] | ||
Mechanism Design Security in Smart Contracts – Matthew Di Ferrante Posted: 28 Jan 2018 05:55 AM PST
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When your transaction is *that* important Posted: 28 Jan 2018 07:36 PM PST
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Apply by Friday for a summer 2018 job coding in the Ethereum ecosystem Posted: 28 Jan 2018 07:19 PM PST We're funding a new incubator to help work on Ethereum infrastructure this summer. Starts April 18, ends Aug 31, or as much of that subset as people are available. It's a brand new effort, so I apologize for the web page looking so cheesy. It's just a blog post. My intention is to migrate that into a real web site showing our accomplishments once we get this off the ground. Some people have asked is this for real. Yes, this is for real! You can look at my posting history to know I've been around since 2013. Since it's a new effort and we don't have a history to point to, I think it may be a good match for someone wanting an internship to bootstrap your way into other projects including starting your own effort after you meet some people and develop some ideas. We have some good connections into people and firms who can fund such things. I'm happy to give more details about this project in a one-on-one setting. I look forward to hearing from you! (see that blog post for how) [link] [comments] | ||
Posted: 28 Jan 2018 07:19 PM PST
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Starting with Ethereum - Deploying and running a contract Posted: 28 Jan 2018 07:48 AM PST
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Posted: 28 Jan 2018 06:54 PM PST Currently I've only used EtherDelta but recently saw IDEX and checked out the website but no purchases. The UI looks much cleaner but there seems to be less volume. Any particular reason? Can someone more knowledgeable explain why EtherDelta appears to be more popular when they are both decentralized exchanges? Could be as simple as EtherDelta has been around longer, but either way just interested. TIA [link] [comments] |
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