[ANN] Ethereum: Welcome to the Beginning

[yurimir]

Vitalik Buterin explains scaling solutions for his brain child, Ethereum



Vitalik Buterin, the co-founder of Ethereum and Lighting Network’s co-founder, Joseph Poon, have scaled solutions for Ethereum, the open-source, public, blockchain-based distributed computing platform. The scaling has been done to enhance the capability of Ethereum to build a layer of Ethereum smart contracts. This will supposedly augment the computational potential of the Ethereum Blockchain, reported Smart Ethereum.

Although the prototype is facing some hiccups pertaining to the validation of the system’s individual contract after manually downloading it, Buterin confirmed that the probable solution has been figured out. Karl Floersch, Dan Robinson and Vitalik Buterin himself designed the new plan to enhance the plasma scaling framework. It has not been tested so far.

But how will this help?

The definitive advantage that he had highlighted is the significant reduction in the volume of the downloaded data.
“The main advantage of this new development is that the amount of data to be downloaded will be reduced significantly,” he said.

https://bcfocus.com/news/vitalik-buterin-scaling-solutions-ethereum/19436/

[sacombank]

The ethereum price still downing  when the original bitcoin increase 20%   ,$6200  to $8400  a  week , some good news from etf push bitcoin price and i hope ethereum same that

[gribble]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

[chichidori]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

Most of the traders now are focusing on bitcoin because of its growing price, but when the price is too high for the average traders many will switch to ETH then will see a significant increase in price.

[romeox6x]

Someone with a little more specialized knowledge than me should make a post displaying the relatively small benefits of ASIC miners over GPU miners under Ethash, which the algorithm is actually being successful in what it was made to do. Folks are comparing it to Cryptonote, even though ASICs were a lot more powerful under that algorithm. Monero was absolutely pressured to fork.

[Samovar555]

I wonder whether the coin will rise again to $ 1,000?

It seems to me with the new purchases of eth is not 1000 to expect, but much higher. I hope the price will go much higher and update the previous maximum.

[hzjixiang]

If anything this entire craze they began should be embraced. Strong smart agreements are essential to the Ethereum ecosystem, and also you make sure they are strong by pressing boundaries and keeping multimillion buck bounties to them. Regardless how you are feeling about these online games, Team Just does some complicated and impressive things on solidity.

[gribble]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

Most of the traders now are focusing on bitcoin because of its growing price, but when the price is too high for the average traders many will switch to ETH then will see a significant increase in price.

Yes you are right and it will happen soon the price of ethereum will rise, i don't have any reason to be fear due to the price of ethereum is still down and history will reapeat its self so do with price of ethereum, it will be back to $1000 again or maybe more than $1000 for this years due to many corporations addopt technology blockchain of ethereum.

[quality.crypto]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

Most of the traders now are focusing on bitcoin because of its growing price, but when the price is too high for the average traders many will switch to ETH then will see a significant increase in price.

Yes you are right and it will happen soon the price of ethereum will rise, i don't have any reason to be fear due to the price of ethereum is still down and history will reapeat its self so do with price of ethereum, it will be back to $1000 again or maybe more than $1000 for this years due to many corporations addopt technology blockchain of ethereum.

Yes, chances of increasing ETH price is very huge but one thing we have to wait patiently until the market recovers. Ethereum is good block chain development and .any companies will start using this block chain in coming days. Yes you are right this year the eth price will reach more than 1000$.

[ioizisupport]

Fixxed

[Gamblet]

I think that Ethereum should not be delayed with the update. Now there are a lot of alternative platforms and they start to give more and more competition. Because of this, Ethereum loses its leadership.

[ioizisupport]

I recheck. West Asia use "." for thousand. EU, US used "," for thousand.

Sorry for all.

[thevictimofuktyranny]

Ethereum Core Devs Meeting #43 [07/27/18]:

https://www.youtube.com/watch?v=6I7SRa58-9M

[rockyfeller]

 

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

Most of the traders now are focusing on bitcoin because of its growing price, but when the price is too high for the average traders many will switch to ETH then will see a significant increase in price.

Yes you are right and it will happen soon the price of ethereum will rise, i don't have any reason to be fear due to the price of ethereum is still down and history will reapeat its self so do with price of ethereum, it will be back to $1000 again or maybe more than $1000 for this years due to many corporations addopt technology blockchain of ethereum.

Yes, chances of increasing ETH price is very huge but one thing we have to wait patiently until the market recovers. Ethereum is good block chain development and .any companies will start using this block chain in coming days. Yes you are right this year the eth price will reach more than 1000$.

I think Ethereum price this year would be $5000 or more it's about time to shine Ethereum. I know that there special catalyts in you. When Casper Protocol?

[Davidbike1]

Come on Ethereum, let's make some gains! Eth/Btc ratio is low right now.  This might be the best time for a quick reversal because the demand for bitcoin will be higher as we approach closer to the Sec decision for the bitcoin ETF.

[CobraJ]

This is what Justo from PoWH claimed after releasing his last game:

"For those of you not aware of what's happening, you're watching the death of proof of work. Byzantine fault tolerance is a concept that assumes a portion of all miners on the network will do their best to attack the network for profit. In general this is hoped to be quite low, in practice we put a bounty on exploiting it so the only transactions getting through are through non colluding miners. High gwei gas prices will still get you through (its designed to be just out of reach for this attack), they're throwing away a massive amount of ethereum to try this kind of exploit. But if they are successful, it'll spell an absolute death sentence for trust in the network. Fun. (Note, the below screenshot seems to be inaccurate now, the website used while etherscan was down was very unreliable still you were watching 1000 gwei transactions not go through for 2-3 minutes. Very interesting.)"

This is interesting.
If SHTF, it could mean an anticipated end of PoW for Ethereum.
Popcorns..

[yamcha89]

What do you think of a great project? How do I expect it to benefit me? Just as this project is so great, why not try to learn about it?
This project has great potential and perspective for the future of successful ICO,
I hope the speed of this coin will grow in the market and go up, good luck to all developers!!

[gribble]

Ethereum price is dropping harder than other coins in top 10, don’t know why this is happening

The price did not drop a lot recently. That could be the reason.

Well i think there is good news about the ethereum https://cointelegraph.com/news/ethereum-s-joe-lubin-we-re-moving-into-phase-two-of-eth-blockchain-this-year/amp that's solutions for ethereum to be more good in the future, however ethereum is good coins in fundamental of aspects, the short fluctuation in the price ignore it except if you search the profit from trading activity.

There are a lot of good news, that's not the issue. We need to feel the impact though. Where are the applications that make our lives better and where is the scalability we all want to be true by now? If all those things kick in Ethereum can be the universal network for everything.

Yes, there is really good news, but the price is not happy yet, some strange movement down the opposite trend of Btc.

Just be relax for ethereum's price, let's give the time for bitcoin's price to be more grows up and stable, when price of bitcoin to be stable, then it is time for ethereum's price to be more rising than another alternative coins, it is just about the time for ethereum and don't forget ethereum has large of capitalization of marketcap and ethereum has good functions for smart contract and decentralize application dapps on ethereum's blockchain.

Most of the traders now are focusing on bitcoin because of its growing price, but when the price is too high for the average traders many will switch to ETH then will see a significant increase in price.

Yes you are right and it will happen soon the price of ethereum will rise, i don't have any reason to be fear due to the price of ethereum is still down and history will reapeat its self so do with price of ethereum, it will be back to $1000 again or maybe more than $1000 for this years due to many corporations addopt technology blockchain of ethereum.

Yes, chances of increasing ETH price is very huge but one thing we have to wait patiently until the market recovers. Ethereum is good block chain development and .any companies will start using this block chain in coming days. Yes you are right this year the eth price will reach more than 1000$.

I think Ethereum price this year would be $5000 or more it's about time to shine Ethereum. I know that there special catalyts in you. When Casper Protocol?

Well... The Casper on ethereum's blockchain is not easy to be applied by the developer of team to fix scaling issues in ethereum's blockchain due to as we know there are many decentralize application dapps runnig in ethereum's blockchain right now, that's is other problem for the developer of ethereum to fix the scaling issues in ethereum's blockchain, i don't know when Casper protocol will be available just give them time for it.

[mehar_gee]

Come on Ethereum, let's make some gains! Eth/Btc ratio is low right now.  This might be the best time for a quick reversal because the demand for bitcoin will be higher as we approach closer to the Sec decision for the bitcoin ETF.

eth is still there at stable price. not going up nor down
and the with the sec decision for the bitcoin ETF only bitcoin rising
i think after that eth will go up when bitcoin done
if sec decision comes positive about bitcoin ETF then surely it will impact positive on eth coin

[dr.cheema]

Come on Ethereum, let's make some gains! Eth/Btc ratio is low right now.  This might be the best time for a quick reversal because the demand for bitcoin will be higher as we approach closer to the Sec decision for the bitcoin ETF.

eth is still there at stable price. not going up nor down
and the with the sec decision for the bitcoin ETF only bitcoin rising
i think after that eth will go up when bitcoin done
if sec decision comes positive about bitcoin ETF then surely it will impact positive on eth coin

Yeah I'm agree with you, Ethereum price is still going stable and on the other hand Bitcoin reached the $8,000 level.
Well bad news is that i found out on CNBC website "SEC rejects Winklevoss Bitcoin ETF proposal for the second time".
I also heard that ETF official result will be release in august but before august we are seeing that news will not in rights of Bitcoin investors.
Let's hope ETF will be approve by SEC and BTC and ETH price will be skyrocket.