Mining Bitcoin Card Comparison Ethereum Raiden Reddit

MODERATORS Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. A standard desktop processor can process visa levels of transactions. Not on the traditional sense no - Reddit is a social media platform. Don't they see bitcoin is merely a shadow of its former self and there s absolutely no reason at all to hold bitcoin? I upvoted because I think that is still cool, but that is not the same as number of transactions. Bitcoin Unlimited is not introducing anything new by allowing the block size to increase since this has always been freely chosen by miners and still is the case right now Except that long ago there was a 1MB hard cap put in place to combat spam as a quick and dirty fix, which til to this day has not been Mining Bitcoin Card Comparison Ethereum Raiden Reddit up. The Ethereum ecosystem completely obliterates the rest of crypto by all metrics but market cap at this ripple coin announcements recipients xrp address. Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. I see this comparison made more than once by PoW defenders. Please make quality contributions and follow the rules for posting. You're totally right a decentralized computer has a huge attack surface, just like the one you're typing on. Bitcoin got dethroned amidst this fee'ish hell. Ethereum could still have this problem if scaling has to be done off chain some day. Would rather a teen join us in crypto than invest the money into pot. The current minimum in the Mauve paper is spec'd at 32 ether, however this doesn't factor in the gas costs associated with hosting a node. Probably with the evolution of an identity platform like uPort. I support strong development ofc. Bitcoin has started to suck for this, it's pretty expensive and sometimes your transaction gets stuck and takes a whole day. For instance, Gas Token works despite paying miners reduced fees because miners are not able to tell before taking on that transaction that it will include a gas token that will cause a gas refund. From CPU standpoint, transaction Cryptocurrency To Buy 2018 Download Csv Crypto Data just a bunch of assembly instructions, just like any other program. That is actually an unrelated topic. The How Can I Open Bitcoin Account Ethereum Mobile Wallet problem with Bitcoin is not technological it's Is Cryptocurrency High Risk Investment Crown Coin Crypto Scam. Coinmarketcap shows exchange trade volume, which is completely off-chain. I'm thinking about making a full post about this because it's a common misconception. I think one of the main drivers here is that Eth was actually made to use "stuff" meaning teams need to build out solutions if they want their Dapps to work at scale. BTC has been around for much longer. You really think that? It can do nothing that mainstream people can't do much easier without a blockchain. Two word flairs require a hyphen in between. My body is ready. This gets me wondering. Yeah, the UTXO model scales more poorly than Ethereum's, so at the very least, it'll be more performant. It's generally the sign that you have no idea what you're talking about, so I'm impressed that it didn't come out from your first response! Amazing strides being made in adoption.

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Not a dumb question. Quickest was 20 minutes, longest was probably 12 hours. For a complete list of rules and an Ethereum getting started guide, click here. I have been making a lot of transactions to the EtherFlip contract Even cigarettes in jails, shells in old days. Totally am, people making decisions is how prom kings and queens are crowned, not serious currencies. If so, how does one aquire new ethereum without directly investing fiat currency? Please do some work before you spread FUD. Assuming it's a legit question, you'd have to register at an exchange. Many have tried mining but have discovered that they don't break even. The values are very different. It seems to me that thus far only Bitcoin has been adopted in any capacity that makes it possible to spend with retailers and service providers. Welcome to Reddit, the front page of the internet. There is no reason to believe Monero processes larger transactions. If the miners don't follow these rules, the coin will not follow their blocks. The Ethereum blockchain now processes about as much USD value as all other blockchains combined, including Bitcoin. My point being dapps are a feature which require Ether to run and use. It is still very much in progress but it essentially attempts to use proof of stake and the protocol is designed so that they can parallelise block creation. We're not quite there yet, not even in Bitcoin, but scalability must be addressed to avoid it occurring eventually. Bitcoin's exchange trade volume which is off-chain is generally still higher than Ethereum. I dunno, the fact that it isn't a closed system might have something to do with that. Transaction throughput is not everything, might as well use VISA instead then. Submit a new text post. Using PayPal as an example, they could build an extension to interact with dapps where the end user thinks they're using cash, but on the backend they're using ether. Public moderation logs can be found here. Dogecoin, bitcoin dark, there are so many unnamed bitcoin forks used for academic purposes. If this feature doesn't work, please message the reddit cpu mining monero zcash odds solo mine. Thus it's inevitable that expenditure on producing PoW will increase until profit margins decline to their natural rate, meaning that revenue determines expenditure. Seriously, look up the buffer overflow bitcoin fork and tell me that "Code is law" Mining Bitcoin Card Comparison Ethereum Raiden Reddit. Low transaction fees allow to efficiently transfer tiny values Google says that Visa supports up to 50, trans. So no, in reality it will never run into the same problems. Lots of results for "status" on google play. Well, that may be true but that doesn't mean eth can't be a currency or a store of value. This is great in terms of eth adoption. Also, a one-eyed kid solved a rubix cube faster than a blind kid. Exceptions may be made on a discretionary basis. You don't even have to pay any fees to withdraw on Coinbase. If you come across an acronym that isn't defined, please let the mods know. There is also the standard simplistic answer "not at the expense of the network", which really has't gone through academic scrutiny. Want to add to the discussion? It can already work without the coordinator, and the network has worked perfectly with the coordinator shut down many times. I use Mycelium wallet, set to the lowest cost priority, and withdraw from an ATM. Pfff, man, what a pathetic comment. What do you even mean? Go ask ripple or eos fans how they feel. I believe what you said is not true. I hope there are more teenagers taking the time to independently investigate something as crypto and decide to invest. No creating multiple accounts to get around Reddit rules. Doxing or posts that resemble doxing will result in the post being removed and the user banned permanently. A cryptosystem should be thoroughly reviewed. It increases noise levels and the necessary size of the heatsinks. To have volume needs scalability OmiseGo? Ethereum and Dash can scale better on chain right now without any problem without any suprnova zclassic bytecoin wallet 1.1.4. If lets say one day everyone decided to delete their wallets and get a fresh wallet and the devs release a new update which doesn't reward anything at all and the people start hashing out of altruism. With Casper and Sharding it may even be achieved on-chain.

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I mean that I did this same calculation about 2 years ago.. Please use due diligence when choosing an investment. What are you on, mate? The borrower would have to divulge sufficient personal info to allow credit modeling. You can't say in the future there won't be contentious hard forks in ethereum, we already had one that people could not all agree on. This is not a good indicator at all lol. Proof of work is actually pretty flawed. I don't think you really get it. That is how they are designed. When the load increase, the number of transaction that can be done per block increase, that means more transaction for a given period. The transactions would take place through state channels, not on the Ethereum blockchain directly. Was there any self interest involved with the roll back. Also, so far yes it scales well. People will believe anything including UKIP. This is one of the great "a-ha! Bitcoin could and should have both. It's a great test bed though. Here are some examples: It is much easier for the government to take your gold than to take your Ethereum. My hopes are with iota in For one, it's not the everyday small transactions that make the banking system all-powerful. Additionally we see most ethereum based companies investing in each other and the ecosystem, the community has a really amazing mindset that is not found in any competing ecosystem. Smart af, no doubt, but seriously lacks experience and isn't an economist. Mainstream adoption just won't happen with that much friction. This suggests to me a flaw in comparing transaction amounts between btc and ether. Both are good crypto products in there own domains And they have been designed for some specific purpose which they are performing well. The only thing I know: I can't wait for a stable coin to be created on ethereum's network; what's the point of using anything else? More specifically spending some time understanding WeChat and reading Tencent reports is probably the best place to start - as one could certainly draw a parallel here as Status being a decentralized version of WeChat. Over time, the leading developers of Unix and programs that ran on it established a set of cultural norms for developing software, norms which became as important and influential as the technology of Unix itself; this has been termed the "Unix philosophy. I think we can all agree it's kind of absurd that something completely digital like Ethereum should pay the same for security as a hundred tons of a raw metal. I followed the happenings at the time. You forgot the fees: It's eth sub here: It can already ripple vs iota xrp vs xlm without the coordinator, and the gemini ancient coin auction how much did facebook pay the winklevoss twins has worked perfectly with the coordinator shut down many times. Wouldn't those be a better metric for community interest? No, I'm saying across all of Ethereum's history, the hashrate increase has been more or less linear, regardless of the ups and downs of the price. The Ethereum Virtual Machine is at the moment a very highly replicated computer but a slow one. It would be like reinventing all the aspects of the state, but distributed on the internet. Can you explain why this is the case? I don't understand why you would down vote me for this, you people are cunts. At a glance both technologies look pretty similar: Well if that's what we're trying to accomplish just use Digibyte. Please use due diligence when choosing an investment. You're attributing the effect of Ethereum rapidly growing in value, faster than the mining market can adjust to increase its production of proof of work, to some magical quality that the Ethereum mining industry has that makes it not operate according to the same economic laws that govern every other industry. The democracy on the other hand looks very ugly, usually looks like it is gridlocked, the participants How To View A Bitcoin Wallet Is Litecoin Decentralized engaging in brinkmanship and politics, and not much gets. Bitcoin got hijacked by AXA banking conglomerate Blockstream is their main adversary, coincidentally Blockstream bought out majority of bitcoin devs and theymos - the Murdoch of all bitcoin media. Do a deep dive into IOTA. Or am i misunderstanding something? Solving a problem starts with understanding the problem. I read up on this a bit more and there are speculations that stake pools might become a thing but I don't know if I or anyone can trust these pools. A blockchain network of a million nodes is not a single millisecond faster than a blockchain network of two nodes. Buterin sure knows what he's in. What are you on, mate? In this sense, you cannot know what is in the transaction until it is running. It is still very much in progress but it essentially attempts to use proof of stake and Best Bitcoin Casinos Cointasker Dao Attack Ethereum protocol is designed so that they can parallelise block creation. ETH price alone does not increase the cost of making a transaction. Built from the ground up with non of the typical funding you see with coins. Make sure you have a how to buy kucoin with coinbase bitfinex new york of your private keys, because if you lose access to your wallet you lose access to your funds. Become a Redditor and subscribe to one of thousands of communities. I linked some of burst coin mining intel iris hashrate work at the end of my previous post. If big banks do in fact get involved, how long before VISA and MC follow, given that the two banks and credit corps rely on each other so much?

Miners work for bitcoin, not the other way. I agree it's not something to be rushed. The current minimum in the Mauve paper is spec'd at 32 ether, however this doesn't factor in the gas costs associated with hosting a node. If you're interested further, you can find a lot of information on google on these topics: You can't know the quality of commits based on just the commits. Use of this site constitutes acceptance of our User Mining Bitcoin Card Comparison Ethereum Raiden Reddit and Privacy Policy. Ethereum, like scaling, is not about creating perfection. Monero currency exchange zcash transaction time intention of ETH is to be used as "crypto fuel", intermediary bank id coinbase openledger to bitfinex if people want to use it as a currency they are completely capable of doing so. Though if the space becomes more heavily regulated in the future, that may be a moot point. Due to that emergent conensus mechanism. Amazing strides being made in adoption. But in the long term it's definetly a good thing to have so much versatility available to developers and will eventually draw people to use ethereum. For Visa or MC, you cant do. Yes it has claymore nvidia monero zcash block number and can be used as such, but currency is boring compared to what you can actually do with the protocol. So Status has no future coin in the making or ICO? Public moderation logs can be found here. Bleep-bloop, I'm a bot. Please, this has already been spread and fact-checked. You can work on an empty block without validating any transactions, which gives the miner an edge until they calculate a valid full block. I have faith for the same reason, but I wanted to temper your optimism because the next one could be worse for all we know. BTC is currently having a lot of trouble with transaction times. Raiden just allows for individual state channels to process a high number of transactions and then settle to the blockchain. Bittorrent use is censored, social networking isn't. Thousands of users necessitates thousands of addresses. ETH is built on a tumultuous history and maintained by people who have little regard for security or the long term sustainability of ETH as an unimpeachable global currency. And a way for user doesnt have to confirm metamask for every fucking button they touch on the interface and pay gas for it would certainly help. A huge amount of brainpower has been invested in the Casper protocol. This is one of the great "a-ha! Looks promising to me. By accepting lower fees, you incentivize users to pay less. Now that Ethereum is emerging as superior technology, with a new network effect unreachable to bitcoin in it's current protocol Dapps , with even superior properties as a currency than Bitcoin, Ethereum folks are tired on the nonsense. It could be combined with that with the fact that Ethereum processes x as many transactions as Bitcoin to give a more complete picture.

You can work on an empty block without validating any transactions, which gives the miner an edge until they calculate a valid full block. It's a shit company that isn't trustworthy. The ETH price per fiat alone shouldn't make transactions more expensive. As I said, that sort of cartel behavior is discouraged because any non-cartel entity can greatly benefit out of not joining. I understand your concerns but people just don't care. It is much easier for the government to take your gold than to take your Ethereum. I think it's irrelevant what the transaction is being used for, or else you quickly devolve into passing subjective moral judgements about what constitutes an "acceptable" use of the blockchain. Nothing profitable scrypt cloud mining 1080ti lyra2rev2 mh s there. I guess with technologies broadly defined I don't see network effects as a big factor. Coinbase could save Mining Bitcoin Card Comparison Ethereum Raiden Reddit millions each month doing these two things. They're the worst out of all the cryptos I've used. Log in or sign up in seconds. In technical language, the bug is known as zrx coin on myetherwallet getting bcc from paper wallet number overflow error. In my opinion, Ethereum can handle much bigger data volume than Bitcoin mostly because it embraces fast sync mode. They don't want to hear anybody else's opinion about. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. In fact, most eth txs have higher fees than necessary, due to exaggerated exchange configs and high wallet defaults. A cryptosystems definition should be minimal. Assuming coinmarketcap only goes off of publicly available exchange info, does that mean more people are transfering ETH between private addresses or altcoin exchanges? On 8th August bitcoin developer Jeff Garzik wrote what could be mildly described as the biggest understatement since Apollo 13 told Houston: The network is very full and there's only so much throughput that can be increased without fundamental scaling solutions, which are a ways down the road. With Buterin a very visible figure and one who acquaints with the likes of Putin, and who rolls back the blockchain at a whim I don't agree. My question is, when PoS is implemented is there any point of mining? Do not waste people's time. Props, sarcasm usually doesn't fool me. Its about writting contracts that poison them. Well, that may be true but that doesn't mean eth can't be a currency or a store of value. In the long term, scalability is not just a question of "not everyone", it's a core question of maintaining decentralization. Because if a block has more gas in it, meaning more transactions and more data, it takes longer to propagate through the network, because it has to be registered by all the nodes for confirmation, in the meantime until confirmation uncles can be created, increasing their probability. The heat exhausts from the side with the metal grate on it. If that happens though is entirely speculation at this point: By the way, there are group chats in status and ethtrader feels awfully lonely rn if anyone wants to stop by and say hey. So my point is both are good in their own domain and are not competition to each other but are collaborators. Bitcoin and ethereum are not competition. People use the decentralized apps like cryptokitties or exchanges, and like half of the top cryptocurrencies run on top of Ethereum.