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    Home Unlabelled Ethereum "No Loss Lottery" on Ethereum Launching Today!

    Ethereum "No Loss Lottery" on Ethereum Launching Today!

    June 24, 2019

    Ethereum "No Loss Lottery" on Ethereum Launching Today!

    "No Loss Lottery" on Ethereum Launching Today!

    Posted: 24 Jun 2019 07:42 AM PDT

    Hey!

    We've just launched our "No Loss Lottery" aka "Prize Linked Savings Account" built on Ethereum with Dai! It's been audited by Quanstamp and you can check it out below: https://www.pooltogether.us/

    ​

    Basically you buy a ticket for a chance to win and if you don't win you get all your money back. This is possible because the prize is funded by the interest earned on all the money used to purchase tickets!

    ​

    Would love feedback! Here is our launch blog: https://medium.com/pooltogether/introducing-pooltogether-2f80c7c0bfc6?postPublishedType=repub

    submitted by /u/Lay22222
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    Discussion: What if Ethereum joined Libra as one of the first 100 validators?

    Posted: 24 Jun 2019 12:16 PM PDT

    Glider has launched -- Colony is now live on Ethereum mainnet

    Posted: 24 Jun 2019 07:48 AM PDT

    Amazing lineup for TruffleCon 2019 (added Perkins Coie, Core Scientific, Provable, Bitcoin.com, Chainlink and more!). Full schedule now available.

    Posted: 24 Jun 2019 11:59 AM PDT

    The money locked up in Augur markets should be lent out and earn interest

    Posted: 24 Jun 2019 04:29 PM PDT

    The money locked up in a betting market on Augur should be lent out on Compound or other decentralized lending platforms until the market resolves. This idea is especially useful once Augur switches to DAI when Augur 2.0 is released. The DAI interest rates are around 10% per year on the decentralized platforms: https://loanscan.io/

    This way, Augur can offer incredible odds, definitely not seen on any centralized betting sites! One guy bets $100 on an outcome, another guy bets $100 on the opposite outcome, the winner gets $220 one year later after the event occurs! Both guys are getting 2.2 to 1 on their bet! On a normal betting site, they would be getting 1.9 to 1.

    Projects interoperating like this is the unique value proposition of Ethereum. This would be an amazing example of DeFi in action.

    submitted by /u/RexetBlell
    [link] [comments]

    Ethereum's C++, how up to date is it? Better to use the Go stuff?

    Posted: 24 Jun 2019 03:52 AM PDT

    Assassin's Creed: Crypto? Ubisoft Taps Ethereum for Blockchain Gaming

    Posted: 24 Jun 2019 07:59 AM PDT

    Golem - Project Graphene at the ZeroKnowledge Podcast with Chia-Che Tsai (original researcher) and Lukasz Glen (R&D at Golem) on the project with Intel, ITL, Chia-Che and Don Porter

    Posted: 24 Jun 2019 06:42 AM PDT

    Moloch DAO Pool Audit Report by Nomic Labs

    Posted: 24 Jun 2019 02:49 PM PDT

    ZeppelinOS 2.4.0 Released

    Posted: 24 Jun 2019 01:42 PM PDT

    PoolTogether - A no loss lottery built on Ethereum [Product Hunt]

    Posted: 24 Jun 2019 01:37 PM PDT

    How ParityTech keeps 6-monhts old Bugs Alive at all Cost - Or: The Mediocrity-Fascism

    Posted: 24 Jun 2019 11:03 AM PDT

    Essence

    • Avoid ParityEthereum, POANET, ParityTech
    • Stick to Ethereum Foundation Projects and their direct descendants (e.g. forks which are kept in sync).

    The Bug

    ​

    One of those nasty sporadic bugs which occur very sporadically:

    https://github.com/paritytech/parity-ethereum/issues/10085

    ​

    Few months later, a bounty is issued:

    https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-493758565

    ​

    I started work on this, despite my limited knowledge of Ethereum and Rust. This is because players of my league are "Masters of Abstract Processing", and thus confident to reach anyways the goal, despite the missing domain-knowledge.

    And some types of bugs are anyways better processed abstractly and as a new-comer without domain-knowledge.

    My context? Due to some family-matters-pressure, to get some cash in (so my role is: worker for incoming). Additionally I wanted to impress ParityTech, in order to get some more tasks. And get a sense of Rust. So I calculated quite much teach-in into this task, giving an estimation of 10 to 20 days.

    I went on with Standard-Procedure:

    • Get Initial Overview
    • Detect any stable reproduction
    • Create a reproduction
    • Attempt Error-Recovery
    • Go on to Root-Cause-Isolation
    • Go on to Root-Cause-Fix

    ​

    In a spaghetti-code-base (like the Parity-Ethereum Client is), it is naturally that several semi-related issues will spawn out during processing. Those need usually to be filed - but then, Parity-Ethereum is somehow a legacy thing. So I keep the sub-issues to the minimal necessary.

    ​

    The Mediocrity-Fascism

    ​

    Any decent developer (of any level) knows the value of an abstractly processing analyst, and if this analyst has 30y-XP in system-design (hard/soft/firmware) even better.

    But mediocre developers cannot grasp "abstract processing" and even if, they see dangers for their "Me the big core-developer" status.

    It starts with simple passive-aggression like silence. The bounty-issuer did not reply to any message (even to email, as requested). An attempt to split out $1K for a basic general analysis (which would usable by bounty hunter) failed -> silence. An objection to the "contest" status of the bounty -> silence.

    The next thing is that the maintainers (= domain-experts) did not answer, or with delays or via mediators.

    Next problem in line: instead of just commenting on issues, a maintainer closed my filed issues (most possibly because he had not the brains to grasp my processing).

    Beeing in an activity-trap, I started to get more and more off-track. My complaints led to deleted messages => the fascists wake up.

    As a good fascist, a rule is placed (nobody cares that it violates the constitution, the so called "CoC" or "Code of Conduct"). An open and direct discriminating behavior:

    From here on out any comment that is not in its entirety technical in content and polite in tone will be deleted immediately; the same holds for any personal comments, discussion regarding bounties and/or the completeness of any suggested fixes, payment or any other details regarding the handling this matter outside the purely technical.Work performed on the POA fork of parity code is best discussed at the POA fork github.https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-504161995

    Please be aware that at this point, not one(!) word was spoken to me in context of the bounty (e.g. replying to what I asked/suggested).

    ​

    Using Results without Attribution

    All my analytic results were in the open, usable by anyone. At some point, analytic results reappear, without attribution. Even code-snippet, without attribution, checked into the repo.

    The same fascist who applied the censorship, used my results without attribution. Remember my context: worker, for income.

    ​

    EDIT (for clarity adding a title and a sentence) :

    The Endgame

    I then announced that I have the final fix available:

    Root-Cause Reproduction, Fix and Deep-Fix-Suggestions are available now (parity master and poanet-posdao)

    from: https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-504741202

    ​

    Now, at some point someone else asks:

    @lazaridiscom we've tested parity's solution on kovan and couldn't reproduce the issue anymore, so in that respect it looks resolved now.Do you have any other scenarios (could you open your repos?) that would show that this solution is incomplete?

    from: https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-504965921

    ​

    It is fascinating how each and everyone in this project ignores my context (worker, for incoming), and tries to get my results one more time for free. Results in which I've invested multiple all-nighters.

    ​

    I answer to this person with this:

    ​

    The refusal (via silence) of the bounty-issuer to split the bounty down into subtasks (with partial payments) forced me to close the repos. An additional reason was that I saw my analytical results (and even code snippets) used, without any attribution.

    So no, I'll not open the repos.

    As written above, the bug is still reproducible for me, using parity-master. Possibly it happens to just work in your scenario, or "the probability of failure" was reduced, but not negated.

    from: https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-504972414

    ​

    Censored.

    ​

    Even this one was censored (when fascists run amok) :

    @igorbarinov , the bounty is expired, you need to extend it to allow further actions.

    from: https://github.com/paritytech/parity-ethereum/issues/10085#issuecomment-504955005

    ​

    And some moments later everything becomes clear:

    ​

    The bounty is distributed among several members of the paritytech repository. In kind of a joke, the bounty-issuer sends me a $100 tip (which I naturally refuse to collect).

    ​

    The Tragedy

    The (devilishly hidden) root-cause is still in the code, with some additional problems introduced by the "spaghetti-patches" applied by the maintainers.

    Several additional problems that I detected during my 100h+ effort (I don't count the teach-in hours in) remain in the code (partially "original design", I guess G.King & Co).

    ​

    ParityTech

    I saw a similar behavior in the paritytech project, when goerli was implemented. Again, censoship was applied (to another person which objected a bounty distribution) and when I jumped in, I was censored too (leading me to call the goerli team "fascists" on another media. Why? Well, because they behaved like fascists).

    ​

    Parity-Ethereum

    A legacy product. A failed attempt to produce "A Better & Faster Ethereum Client". Spaghetti-Design produced by Spaghetti-Processes.

    Safely Ignore it, and pick geth (the main ethereum client)

    ​

    Poanet

    Just stay away from it. Amateurs, abusive, to the point of fraud.

    ​

    Gitcoin (ConsenSys): The Shame of all DappsThe "Master of Clowns" kicks in, when I asked to fix my login (in order to reject this ridiculous tip of $100)

    Lazardis - You are blocked from using the platform for repeated violations of our TOS and community standards. Please do not attempt to login or use Gitcoin's services again.

    A decentralized bounty-handling-application, with a central fascist, who deletes and blocks whenever someone complains about "the quality of gitcoin" (which is a disaster).

    Bounty-Processing-Platforms are a showcase for effective decentralization. This fails, if they are build by ConsenSys, serving exclusively the interests of bounty-issuers (and naturally ConsenSys). A mediocre Product-Manager does the rest of killing what could be the absolute KillerApp for Ethereum (demonstrating real decentralization in work-related value-exchange).

    ​

    Ethereum Foundation

    I was never(!) censored on any Ethereum Foundation Project, despite my sometimes harsh criticism or "linguistic acrobatics". NEVER. And I never noticed censorship of others.

    For this, the Ethereum Foundation deserves respect (and in extension V.Buterin, not sure if he's the driving-forces behind this no-censorship)

    Moving On

    Now, time to move on and away form Ethereum & Co. I guess I'll have more luck in C++ driven high-profile crypto-projects.

    But if I need in future to come in touch with any Ethereum stuff, then one thing is clear:

    Stick to Ethereum Foundation Projects and their direct descendants (e.g. forks which are kept in sync).

    .

    submitted by /u/lazaridiscom
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    How To Reduce Your Liquidation Price On MakerDAO By 40%

    Posted: 24 Jun 2019 05:40 PM PDT

    I'm working on ethereum gaming platform. Any feedback or testers would be welcome ��‍♂️

    Posted: 24 Jun 2019 12:24 PM PDT

    Alethio API

    Posted: 24 Jun 2019 12:10 PM PDT

    Alethio API

    Alethio released their API as a direct way for developers to get real-time access to indexed, synthesised, on-chain Ethereum data in a robust and reliable way.

    https://i.redd.it/htw2p5adsc631.png

    Their API solves Ethereum's data fragmentation problem, which keeps many mainnet users from reliably and cleanly accessing blockchain-based data. Indexed means they are aggregating information around accounts and contracts so the data makes more sense for users and dapps. Synthesized means they are grouping together information currently scattered across multiple sources into an enriched data model (i.e. decoded transaction details, token movements, financial activity timelines).

    Developers, investors, businesses, and enthusiasts can now retrieve this on-chain data in a format that better supports their projects and can integrate it with minimal effort, without them having to build or maintain custom indexing infrastructure.

    Give the Developer Portal a try!

    submitted by /u/ConsenSys_Socialite
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    Fred Wilson and Olaf Carlson-Wee talk tokens and proof of stake protocols (PoS)

    Posted: 24 Jun 2019 01:20 PM PDT

    If Blockchain is for publicly verifying that things happened in a certain way (i.e. business contract, value exchange) what’s stopping me from cheating outside the chain?

    Posted: 23 Jun 2019 08:41 PM PDT

    I understand the basic premise that the blockchain acts as a public ledger and tamper-resistant "proof". If I want to prove to the world that I exchanged Widget A to John in exchange for $10, and that he actually received the widget, we can do so using a smart contract.

    What's stopping me from claiming I sold it to him for $10 and then accepting an additional $5 from him "off-chain", i.e. on Venmo? The world won't know that I earned 50% more on the transaction. I get that the same problem exists in non-blockchain contracts and transactions, but does blockchain or Ethereum solve for this in any way?

    submitted by /u/TheBookOfFiveRings
    [link] [comments]

    DeFi 101: a 3 part series. Part 1 - Lending and Borrowing

    Posted: 24 Jun 2019 11:00 AM PDT

    why does etherscan support bitebtc when bitebtc are scamming us all

    Posted: 24 Jun 2019 06:05 PM PDT

    i am but one of many people who have deposited funds on bitebtc. they do not allow any of us to withdraw, meanwhile etherscan records and displays volumes which lures more crypto traders to their fate. this neeeds to stop. I and many
    others have suffered at the trickery and deception of bitebtc. no one else needs to. you are welcome to seek validation of what i state, as all i say is true and proof is available and transparent to all who choose to care

    submitted by /u/Billyteeee
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    Making tokens smart - TokenScript

    Posted: 24 Jun 2019 05:57 PM PDT

    Why Ethereum's Privacy Matters and What's Being Built to Support It -- Christine Kim [Coindesk]

    Posted: 23 Jun 2019 09:03 PM PDT

    Can anyone explain to me how do I withdraw an "internal transaction"?

    Posted: 24 Jun 2019 01:48 PM PDT

    I deposited ETH to Idex.market, and the bought a shitcoin, then sold it, and wanted to withdraw the Ether, after withdrawal, nothing in particular happened, but the balance on Idex went to 0. When I checked my Ledger Live, MEW they didn't show any incoming transactions, so I contacted Idex support and they told me it's an internal transaction and that the withdrawal was indeed made. But why did my balance not change then, there is no increase at all?

    Look at this: https://etherscan.io/address/0x4123a4750cc671c495885b1cebebc41f4944943f#internaltx This is supposed to be the withdrawal, BUT I don't see any change in my Ledger live ETH app since I deposited, so I couldn't actually use those ETH that are supposedly on the account. Is this some sort of a fluke, or am I misunderstanding something?

    When I look at ETHplorer: https://ethplorer.io/address/0x4123a4750cc671c495885b1cebebc41f4944943f , it doesn't show ANY incoming transactions since I deposited, so I don't think I actually have the Ether back.

    What do you guys think?

    submitted by /u/youcangofaster
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    Inherited an Ether mining rig

    Posted: 24 Jun 2019 01:19 PM PDT

    I'm sorry if this is the wrong place to ask this but I need some help. I can't find anything similar on google or related subreddits.

    My girlfriend's brother passed away a while back and I inherited his ether mining rig because I have experience with building computers. However, I have basically little to no understanding of ethereum. It's a pretty solid rig (dual rx 570 and a ryzen 5) and I was thinking of dismantling it and selling parts/using some for my own gaming rig.

    When I turned it on to check, I expected the system itself to have a password requirement but it didn't. Instead it went to the desktop and claymore (?) mining execution attempted to start but I wasn't connected to the internet so it stopped. I have no idea what to do from here. I even tried to do some basic research on ethereum but this is a whole other world I was not expecting to invest time in.

    So I guess my questions are: 1) Is it at all possible to recover his ether and cash out to give to his family? I don't expect anything here based on what I read. 2) How do I stop the mining process so I can safely dismantle the rig for parts or wipe the hard drive?

    submitted by /u/pineapplerandomness
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    Beyond Blockchain Hackathon Starts Today - $20k in prizes, work with top funders in Web3

    Posted: 24 Jun 2019 11:56 AM PDT

    Let's Talk ETC! #87 - Stephan Kinsella, JD, LLM - Libertarianism, Anarcho-Capitalism & Blockchains

    Posted: 24 Jun 2019 10:55 AM PDT
    Read more
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