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    Ethereum You've met with a terrible fate, haven't you?

    November 20, 2018

    Ethereum You've met with a terrible fate, haven't you?

    You've met with a terrible fate, haven't you?

    Posted: 20 Nov 2018 03:17 PM PST

    You may remember me from 2 years ago, when Ethereum was selling for 7 USD and officially dead. That motivated me to submit a lengthy explanation on how it was the future of the internet, the price would eventually recover and there was nothing to worry about. Turns out Ethereum is officially dead again, selling at 130 usd. Why? Because it is boring. The ICO craze is over and we're experimenting a long-lasting hangover. Normal people are saturated with crypto and going on with their lives. Google trends are down. Nobody is here. You can hear the crickets. And that won't change any soon.

    But, once again, there is nothing to worry about, as long as you're patient: eventually things will change because, as I've told you before, credit cards are stupid, fiat is mortal, and Ethereum has the perfect momentum to eventually become the worldwide economy; it can't die, by design. Once we have new exciting stuff that makes people entertained and curious, they'll be back. Meanwhile, here are some suggestions to have some fun and speed up this process.

    A book series

    First, we really need a good series based on crypto. I'm thinking of something like cyber wars, where people around the world realize crypto is money, and money is power, thus online factions fight over control over it all. It should be realistic and reference the real crypto history as much as possible, giving coolish explanations for things like Satoshi Nakamoto, MtGox, TheDAO incident, Bitconnect and so on; there is endless source of material. I'd say a good book would aggregate more value on the field as 3.6 research breakthroughs. Don't underestimate the power of literature to moving people's mind. Any writer around?

    Funding developers just to develop things they like

    Developers are the most important resource we have They're the crypto equivalent of cattle in Indian culture. They build the towers and castles that protect our lands from all evil. They're sacred. Problem is, developers need food to survive, and that little inconvenience causes most of them to get sucked by projects that have money. And guess who has money? Scammy ICOs. What I'm saying is that, honestly, most developers of this field, today, are working in projects that produce no real value. It is a well-known fact that the most amazing inventions of humanity came from developers on their spare times, working in things they loved. See Gmail, Youtube, Twitter, Facebook and the wheel. As such, I suggest we start a decentralized platform to give developers crypto-currencies to just develop what they like. No question asked. As long as they're building stuff, and they're enjoying it, we should give them $$$. If we can give millions to scammy ICOs, we can do that. I hypothesize that, as a result, mind-blowing things will be created and we'll grow at a unforeseen pace. So, let's do it!

    Games

    We need to build games. But not games like CryptoKitties which, while cool as a concept, are essentially classic games in a blockchain suit. We need games that are truly decentralized. Think of a huge RPG world where people can travel around, battle, collect epic items and trade them in an emerging economy. But not only that: a game without a central developer, where people all around the world contributing with art, map, code, and a decentralized system for adopting changes. Or, who know, an e-sport such as a MOBA like LoL, or a card game like Heartstone, without a central company behind its development. The good thing about games is that they're so inclusive, people love games, and it takes one good game to make a case for crypto. We need more of them!

    A government

    You may or may not have noticed, but governments are fueled by money. The only reason you have to pay taxes to the U.S. is that it is powerful (rich) enough to force you to. Once crypto-currencies inevitably become more valuable than fiat, the power of those states will decrease. There will be anti-tax movements, people will stop respecting governments, and eventually the old power will fade away as decentralized governments emerge. That is far from happening, of course, but we can already experiment. So, I have a suggestion: let's create the Decentralized State of Earth! A pretend-to-be universtal state with laws, taxes and even an army. When someone asks, it is just a silly joke, and our army is actually composed by kitten. Of course, secretly, we'll be building a real army of dolphins.

    ...

    That's it. Thanks for listening to this old man! For those who know who I am: shh.

    submitted by /u/Happy_Token_Salesman
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    The Görli Testnet Has Arrived

    Posted: 20 Nov 2018 04:51 AM PST

    Constantinople delay/issuance reduction and it's effect on the price

    Posted: 20 Nov 2018 03:40 PM PST

    Hey Devs,

    I'm an ex ETH miner and current ETH holder. I understand that we're not thought of very highly on this board, as just being greedy peasants only concerned with the price.

    However, I do believe we're an important part of the ecosystem and while major decisions should definitely be taken with keeping the progress of the tech stack and adoption primarily in mind, we should at the very least be listened to.

    ETH is being slaughtered, with the ICO mania coming to an end - demand has completely dried up. Ethereum's 7% inflation (~19k ETH being minted daily) is just adding fuel to the fire.

    This was recognized in August/September and it was decided that inflation would be reduced by 33%, it was a huge sigh of relief. November, with the roll out of the Constantinople upgrade - this was to kick in. However, because of client issues during release in the test net - this got delayed. Fine. However, during the dev call I remember Dmitry mentioning that the patch was ready and he would have the testing completed in a week - BUT it was still decided to push the upgrade to 2+ MONTHS later in mid-January. Why?? I completely understand Dev con preparations and some time to wrap up and recharge after that but Dev con was over November 4th??

    At the very least, could at least an upgrade to lock in the reduction have been released?? In the last 24 hours - 20174 ETH have been mined. Each day of delay there's an additional ~7k ETH added to the supply that weren't planned to be there.

    I love this project but please take into account that as much as everyone likes to say: price doesn't matter, it's only about the tech - it does matter. If we were to crash to under $50, it would put Ethereum back multiple steps in the public eye. Please consider this.

    submitted by /u/gand_ji
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    Introducing the ERC20 to ERC20 TokenBridge! Projects can now leverage separate Ethereum-based networks to communicate and transact with one another through the transformation of ERC20 tokens

    Posted: 20 Nov 2018 12:30 PM PST

    Trinity Ethereum Client v0.1.0-alpha.17 aka "RBG" Release

    Posted: 20 Nov 2018 01:07 PM PST

    What keeps you encouraged during this brutal bear market?

    Posted: 20 Nov 2018 08:54 AM PST

    Parity's new Light.js gives Dapp developers a way to build Dapps on light clients, and an alternative to web3.js

    Posted: 20 Nov 2018 06:14 AM PST

    0.9.31 Status release - privacy mode, added voting dapp and more!

    Posted: 20 Nov 2018 10:54 AM PST

    Help! Dual-mining Ethereum is hurting PascalCoin. [RESOLVED]

    Posted: 20 Nov 2018 01:14 AM PST

    Hello Ethereum Fans,

    I'm a developer from PascalCoin and a few crypto-eons ago I came to this reddit, hat-in-hand, begging for mercy from this community for help to save our eco-system from 99% mining centralization being caused by ETH-PASC dual-mining (later we got private ASICs ontop too). Understandably, I was laughed at, mocked and summarily dismissed with instructions to change PoW algorithm or die.

    Just following up, we have since developed and rolled out our very own low-memory, GPU & ASIC resistant PoW algorithm called RandomHash and it is working very well. We also have unofficial claims that it is pool resistant since optimal nonce-ranges can only be enumerated on-the-fly by worker and not pre-determined by pool operator. As a result, we have high % of solo miners trending with pool miners diminishing as they learn about the 40% more efficiency from solo mining.

    Thanks to RHMiner (C++ impl for CPU/GPU), it is empirically shown that RandomHash is GPU resistant for economically comparative CPU pair. I've also had confirmation from an ASIC manufacturer that RandomHash is a problem for them.

    Note, only 5mb of memory is required to evaluate a nonce.

    I hear you guys are debating change of PoW algorithm and I humbly submit RandomHash as a candidate for your community evaluation.

    Performances

    Cpu/GPU OS Threads Speed in H/s
    Gtx 1060 3gb Windows 10 262 109
    Gtx 1060 6gb (mobile) Windows 10 570 199
    Gtx 1080 11gb Ubuntu 400 400
    Gtx 950 2gb Windows 7 140 52
    i7-8750H CPU @ 3.90Hz Ubuntu 18 11 1217
    Ryzen 1800X @ 4GHz Windows 10 15 1241
    Ryzen 7 2700x 4.1GHz Ubuntu ? 1372
    Xeon x5650@ 2.67GHz Linux 24 716
    Xeon E5 2690 @ 2.4 GHz. Ubuntu 18 24 1347
    Xeon Platinum 8168@ 2.70GHz Ubuntu 18 32 3085
    i7 7700K @ 4.2Ghz Windows 10 8 945
    i7-3615QM CPU @ 2.30GHz Linux 8 675 raw
    i7 2600K @ 3.4Ghz Windows 10 8 506
    i7-4558U CPU @ 2.80GHz Linux Mint 4 342
    i5-4460 CPU @ 3.20GHz Windows 10 4 511
    i5-3337U CPU @ 1.80GHz Windows 10 4 245
    i5-2400 CPU @ 3.10GHz Ubuntu 18 4 303
    i3-4030U CPU @ 1.90GHz Linux 400 201 raw
    Core(TM) 2 Duo 6300 @ 1.86GHz Windows 7 2 92
    Core(TM) 2 QuadCore [Q6600@2.40GHz](mailto:Q6600@2.40GHz) windows 7 4 163

    ​

    submitted by /u/HermanSchoenfeld
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    Golem: Graphene-ng (the framework for SGX execution we built) Demo & Blogpost

    Posted: 20 Nov 2018 06:10 AM PST

    Can a trustless native mobile app be considered a DApp?

    Posted: 20 Nov 2018 11:12 AM PST

    At Ethex, we just launched an Ethereum/ERC20 wallet app with built-in token trading. I'm wondering if you consider it a DApp.

    ​

    DApp-like attributes

    • Trustless, smart contract based (trades are on-chain and wallet-to-wallet).
    • All actions/operations are on-chain.
    • You keep control of private keys (they are stored locally, encrypted, never uploaded).

    DApp-unlike attributes

    • The app binary is delivered from central app store (Apple/Google).
    • Partially open source. The smart contracts are open source.
    • Out of necessity, there are a few servers in the mix (provider, localized currency conversion).

    You can learn more about the Ethex Trade Wallet, along with App Store and Google Play links: https://medium.com/ethex-market/introducing-the-ethex-trade-wallet-79e47ba61153

    submitted by /u/jpwalton
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    ETH On-Chain Activity Ratio of New Users Increased by 1.71% on Nov 20 (UTC+8) - CoinNess.com

    Posted: 20 Nov 2018 06:30 PM PST

    Citing data from Searchain.io, ETH on-chain activity ratio of new users reached 37.96% on Nov 20, with an increase of 1.71% compared with the previous day, Nov 19, and a decrease of 18.31% compared with the same period of last month. Note: The addresses created in 45 days are defined as new addresses.

    submitted by /u/CoinnessPress
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    Join Gnosis on a workshop and hackathon on DEX’s

    Posted: 20 Nov 2018 03:02 AM PST

    What's the fastest to sync JSON-RPC capable client with transaction history support?

    Posted: 20 Nov 2018 09:23 AM PST

    I need an Ethereum JSON-RPC server running on a low-end VPS with 1 TB HDD storage capacity, so I was wondering what's the fastest to sync node yet capable of retrieving transaction information from those wallets managed by the node.

    submitted by /u/rraallvv
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    Vipnode: Progress Update #3 - Approaching a stable release

    Posted: 20 Nov 2018 12:53 PM PST

    Devcon UX winner Argent launches first smart wallet

    Posted: 20 Nov 2018 09:57 AM PST

    You can now download Argent Ethereum Smart Wallet, winner of Devcon UX award this year (invite only for now)

    Posted: 20 Nov 2018 07:16 AM PST

    Ethereum security

    Posted: 20 Nov 2018 02:06 PM PST

    With Eth dropping like a rock, is the security aspect of the blockchain OK from a 51 pct attack??

    submitted by /u/migozo
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    Tokyo Node 2018 - June Talk

    Posted: 20 Nov 2018 08:01 AM PST

    Does anyone know, what June did speak about on the Node Tokyo 2018. Any News regarding DEX? Are there any recordings from the event?

    submitted by /u/negative_one_x3
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    Ethereum Digest from Paradigm -- A Biweekly update on the Ethereum protocol and ecosystem development, research, and debates [6th November — 20th November]

    Posted: 20 Nov 2018 07:31 AM PST

    Waffle: sweeter and simpler than Truffle

    Posted: 20 Nov 2018 12:52 AM PST

    How blockchain technology could help us take back our data from Facebook, Google and Amazon

    Posted: 20 Nov 2018 11:22 AM PST

    The 20th Anniversary of Open Source software

    Posted: 20 Nov 2018 10:08 AM PST
    Read more
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