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Ethereum Hard Fork Reddit

Ethereum Closes On $350, Demand Surges As Metropolis Hard Fork Nears

Ethereum Closes On $350, Demand Surges As Metropolis Hard Fork Nears

Ethereum Closes on $350, Demand Surges as Metropolis Hard Fork Nears Join our community of 10 000 traders on Hacked.com for just $39 per month. Earlier this week, after the announcement of tech giant Microsoft to release its first Ethereum-based and privacy-focused blockchain framework Coco, the Ethereum foundation revealed its plan to execute a new hard fork named Metropolis. Subsequent to the disclosure of the Ethereum foundations plan to execute the Metropolis hard fork by September, the price of Ethereums native token Ether surged from around $287 to $345 within a two-day span, as the market cap of Ethereum increased by $3 billion. The daily trading volume of Ether also recorded a substantial increase, rising from $600 million to a staggering $2.2 billion. At the time of reporting, the daily trading volume of Ethereum is close to bitcoins $2.6 billion volume, the only cryptocurrency within the market to come near to bitcoins trading volume. Bitcoin Cash, the third largest cryptocurrency behind bitcoin and Ethereum, has recorded a $1.2 billion daily trading volume, almost less than half of Ethereums. Unlike bitcoin, wherein most hard fork executions are contentious and likely lead to chain splits, the vast majority of Ethereums hard forks have been conducted to drastically improve the networks security, flexibility and adaptability. In fact, except one hard fork led by the developers behind Ethereum Classic, all of Ethereums previous hard forks have been non-contentious hard forks supported by the community. Hence, while imminence of hard fork executions in bitcoin normally leads to a decrease in the price of bitcoin due to the uncertainty in the market and decline in the confidence of investors, in Ethereum, hard forks are embraced as opportunistic updates to the e Continue reading >>

Etherzero (ethereum Hard Fork) - Legit? : Ethtrader

Etherzero (ethereum Hard Fork) - Legit? : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

Is It True Hard-fork Going To Happen On Eth (ethereum) Called Etherzero On Jan

Is It True Hard-fork Going To Happen On Eth (ethereum) Called Etherzero On Jan

Is It True Hard-FORK Going to Happen on ETH (Ethereum) called EtherZero on Jan Hi Guys I read on the news that there is Hard-FORK Going to Happen on ETH (Ethereum) called EtherZero Happening Approx on 19th Jan 2018 Between 19:00-21:00 at Block Height 4936270 Yes, you are absolutely right. You can see it in the coincalendar or the thread - Allocation: Total supply is about 116 million ETZ First time hearing fork on ethereum can you provide links for the fork to see and read some information about it but im not expecting that this going to happen "Important notice:Owing to the lack of sufficient support from the community and the big trading platforms, we decided to cancel the hard fork. The EtherZero will be converted into a new brand, and the new currency is issued in accordance with the private -ICO model. Thanks to everyone's support, a certain amount of new coin will be obtained for the users joining our telegraph group as compensation." DeepOnion Anonymous & Untraceable Cryptocurrency The fork of ETH is obviously not worth a lot of value, and most of the forks are deceiving, but the ETH itself is valuable, and may go up very fast in January, Calls powered by cryptocurrencies They should just do a regular bitcoin fork like everyone else. I just came to know about ETH zero. I guess the reason people didn't support Eth-zero is because miners won't have any incentive due to zero transaction fees and EOS is already trying to achieve the same thing on a much bigger level. So it will be hard fork of ETH or not? I see different answers in this thread) No, this is not hard fork, there will not be any free coins. I hope the transaction price will decrease and the system will recover. Thinking Eterium is not very comfortable in third place. I hope it will soon return his posi Continue reading >>

Ethereum Hard Fork Reddit - Growth Of Bitcoin Economy, Quick Bitcoin Wallet, Cryptocurrency For Dummies

Ethereum Hard Fork Reddit - Growth Of Bitcoin Economy, Quick Bitcoin Wallet, Cryptocurrency For Dummies

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What Is Ethereum & How It Works The Newbie Guide

What Is Ethereum & How It Works The Newbie Guide

Ethereum is an open-source, decentralized network that allows smart contracts to be deployed on a blockchain with the use of ether. Its a blockchain app (Dapp) platform that uses gas to run in short. The network was created by Vitalik Buterin in 2015 although the white paper was proposed 2 years earlier. Thats a mouthful though! Lets convert that into plain English by dissecting each word at a time: Ethereum blockchain is a distributed database that is constantly growing and therefore adding a new block to the chain every 17 seconds on average. Each new block contain records such as transactions and contracts. The operations and transactions are executed and then calculated on the go thanks to the computing nodes. These are tens of thousands of computers spread around the world (users who opted-in to be part of the blockchain network). All participant computers use a client that performs validating and relaying transactions on the blockchain. Its worth noting that no decentralized technology would exist without them. These computers are incentivized for their work with Ether which is rewarded to them every time a block gets solved (5 ETH = $1,600 at the moment of writing). Thats basically a source code that is freely available to the public and can be modified as long as you have access to a computer where that program is stored. If Amazon was an open-source online retail store, then people with access to the source code computer could implement modifications to the website, for instance: how it looks like, what it sells or how much commission it gets per sale etc. However, before any changes take place, the majority of its users would have to agree on particulars and reach so-called consensus by voting prior to carrying out any adjustments to the source code. Ethereum Continue reading >>

Upgrade Complete? Ethereum's New Software Isn't Quite Stable Yet - Coindesk

Upgrade Complete? Ethereum's New Software Isn't Quite Stable Yet - Coindesk

Upgrade Complete? Ethereum's New Software Isn't Quite Stable Yet Ethereum's fork may have executed earlier this week, but that doesn't mean developers are ready to call the software transition complete. One of the biggest-ever changes to the world's second-largest blockchain, ethereum's hard fork was a risky and complex process. To transition successfully, all nodes (the computers that run the software) were required to universally install upgrades a transition that was expected and encouraged to occur simultaneously across the global platform. However, in the case of the Byzantium fork, that's not exactly what happened. As the upgrades were released mere days before the hard fork, a sizeable portion of the network has yet to make the shift. In fact, at press time, only 25.1 percent of Parity and 58.4 percent of Geth , the most popular ethereum clients, have upgraded, meaning roughly45 percent of the network is running the new software. The short testing runway also had other impacts:namely, previous iterations of the software were retracted due to critical faults that could have exposed the network to denial-of-service attacks , or created incompatibility between nodes, leading to a split of the network . As a result, some may be wondering whether ethereum is safe to use, and given the state of affairs, this remains an open question. For one, there are a few types of faulty software clients out there, and several contain a "consensus bug" which could lead to the inadvertent creation of multiple ethereum blockchains. For this reason, ethereum core developer Gavin Wood told CoinDesk he would "urge caution" to any major players taking on large-scale projectsuntil the upgrade is deemed to be fully stable. Aside from the faulty nodes that have yet to upgrade, there's also Continue reading >>

I Refuse Another Hard Fork : Ethereum

I Refuse Another Hard Fork : Ethereum

I'm absolutely impacted by the Parity hack through the Polkadot loss of funds, however I refuse another hard fork. We all need to voice this quickly so the integrity of the community remains strong. I expect the Polkadot team to deliver, just like Swarm have promised to deliver regardless of the loss of funds. Reputation is everything. I'm disappointed by the security oversight that led to this but I still believe Gavin will make this right. edit: I'll support the consensus. But I'm trying to push that consensus towards no hard fork. Continue reading >>

Etherzero - What Is Ethereum's New Hardfork All About?

Etherzero - What Is Ethereum's New Hardfork All About?

A closer look at the technical specifications of Etherzero: One of the main features of ETZ is a zero-fee transaction system, as the coin's blockchain is coded to separate the process of transaction verification from those associated with block creation, synchronization, and broadcasting. This is expected to help popularize the usage of decentralized applications (DAPPs) and smart contracts, as the current high transaction fees of both Bitcoin and Ethereum are greatly hindering the adoption of these decentralized forms of blockchain based applications. Etherzero omits the current "gas" expenditure requirements for execution of smart contracts and verification of Ethereum's transactions, yielding a zero-fee transaction network. The ether gas expenditure mechanism is necessary to shield the network against DDoS attacks. However, ETZ mitigates this challenge via adoption of a unique proof-of-stake (PoS) algorithm that guards the network against various forms of DDoS attacks. Etherzero's network introduces masternodes, which were first used with DASH's network. A masternode is a special form of server that communicates with ETZ's network to promote specific levels of functionality and performance in order to to execute a specific set of tasks. In addition to hosting miners' "proof-of-work" functionalities, masternodes collectively construct the coin's two-tier network. The responsibilities of masternodes can be summarized as follows: Verification of transactions: This is accomplished via reaching a consensus with other masternodes chosen by the blockchain's protocol, and then broadcasting the results to provide real-time second-level payment feedback. Community autonomy: All proposals must be voted on by masternodes. The proposal will highlight the community's discussions Continue reading >>

What Will Happen When Bitcoin Forks?

What Will Happen When Bitcoin Forks?

Join our newsletter to receive updates from EthereumPrice.org. No matter how you dress it up (and my word this has been dressed up), the Bitcoin fork due to occur on November 16th comes down to a 1mb change in the block size. After several years of debate, a plan to scale the network emerged with the New York Agreement in May 2017. The agreement, which was contentiously led by Barry Silberts Digital Currency Group, set out a path to increase the transaction throughput of the Bitcoin network by first implementing Segregated Witness (a software upgrade to increase block size to an effective 4mb) followed by a hard fork to edit the rules of Bitcoin and change the hard limit block size from 1mb to 2mb. For a hard fork to be implemented in a smooth manner (Ethereums Byzantine hard fork from last week is a great example of this), it requires consensus from users, exchanges, merchants, nodes and miners. Each of these respective groups vary in their importance although the network requires them all and measuring said importance is awkward and subjective. In the case of the miners, 85% are signalling agreement with the 2mb hard fork whilst users on Twitter and Reddit will have you believe that there is broad-scale community outcry over CorpCoin one of the many references to the merchants who have shown an interest in the 2mb hard fork. User concerns do appear to be corroborated on the Bitfinex exchange where 2mb futures (BT2/BTC) trade at 0.15. With so many different groups signalling very different behaviours, how will this all play out? Before examining the outcome of November 16ths Bitcoin hard fork, lets first address a few key factors in the lead up to today. The first factor to understand is that there are no white knights. Everyone is in it for themselves. Whether thats Continue reading >>

Ethtrader: The Ether News, Tokens, Memes, Staking, Economics, Trading, And Investing Hub.

Ethtrader: The Ether News, Tokens, Memes, Staking, Economics, Trading, And Investing Hub.

Welcome to /r/EthTrader , a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. New to Ethereum? Read our FAQ .For the discussion of tech and application development using Ethereum, go to the official sub at /r/ethereum . Read our rules before posting. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy . User flairs or tokens in the ticker are not an endorsement. Please use due diligence when choosing an investment. Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Public Mod Logs | News Timeline | Education | Comments You can correct innacurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

Is Ethereum About To Explode, Considering The Upcoming Hard Fork On The 18th Of January?

Is Ethereum About To Explode, Considering The Upcoming Hard Fork On The 18th Of January?

Mark Johnson , Cryptocurrency blogger, investor and enthusiast Answered 11w ago Author has 668 answers and 2.7m answer views It is possible that Ethereums price will increase after the EtherZero (ETZ) hard fork on the 19th of January, possible reasons include: Investors buying Ethereum/Ether (ETH) to increase the amount of free EtherZero they receive (ETH holders will recieve one ETZ for every ETH they own) Investors could sell the EtherZero after the hard fork and use it to buy more Ether. Due to the above reasons, Ethereums price could rise rapidly (similar to what happened with Bitcoin) and this would attract new investors who want to take advantage of the price increase. We can look at how hard forks have effected the value of Bitcoin in 2017 to help give us an idea. Bitcoin doubled in price after the Bitcoin Cash (BCH) hard fork and continued its bull run throughout the year and increased again after the Bitcoin Gold (BTG) hard fork and only slowed down after the Bitcoin SegWit2x (B2X/Bitcoin2x) hard fork was cancelled. Before the Bitcoin Cash hard fork one Bitcoin was worth about $1,600 and after the Bitcoin Cash hard fork the price for one BTC was $4000, then shortly after the Bitcoin Gold hard fork one Bitcoin was worth over $10,000. The hard fork could set off a chain of events leading to a rapid rise in Ethereums price: Investors might want to get their hands on free EtherZero Tokens, investors might then sell their EtherZero, other investors might jump in during the price rise and on top of all of that cryptocurrency is becoming more and more mainstream so a lot of newcomers might jump on the bandwagon as well. Or all of this might not happen, we can only wait and see, in my opinion Ethereum is a great investment regardless of any hard forks. 211.6k Views Vi Continue reading >>

What Is The Upcoming Hard Fork Of Eth All About? : Ethtrader

What Is The Upcoming Hard Fork Of Eth All About? : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

[update] Hodl That! #5 Ethereum Hard Fork Free Etherzero (20th Of January)

[update] Hodl That! #5 Ethereum Hard Fork Free Etherzero (20th Of January)

Update: The hard fork happened at the evening at the 19th of January around 8 PM GMT @ block number 4.936.270. The current block number can be found here: Every Ethereum token will create an EtherZero token. You just have to keep Ethereum in one of the following wallets: The following exchanges have been approached for a listing (Source: EtherZero, none of these exchanges confirmed a listing yet): At this time, we cant say if EtherZero is a scam or not. The Team itself seems not united, the domain is registered with WhoIs protection, which is uncommon for a project of this size. Metamask warns from phishing if you visit the website. However, if they could keep up with the promises of the white paper, EtherZero would have a very high potential but as so often: if something that seems to be too good to be true, it probably is. The scam rumors are maybe FUD, please read this post . After looking into EthZero, we have no clarity as to (1) what the code is (2) who created it (3) if it is properly licensed. Coupled w/ multiple .exes that are malicious, we recommend NOT INSTALLING NOR USING ANYTHING RELATED TO ETHZERO AS IT PUTS YOUR SYSTEM & ETH AT RISK MyEtherWallet.com (@myetherwallet) 20. Januar 2018 EtherZerowill be a legend, that is sure: Whether as the better Ethereum, the biggest airdrop scam ever, or as the hard fork with the worst communication cryptosphere has seen yet. Lets sit it out. Please stay safe there are so many fake websites out there right now, do not submit your private key / seed anywhere just dont do it. There was one doubtable option to submit your private key / seedon the etherzero website, which has aMyEtherWallet-alike wallet. This can be considered as very risky if you do this from your main wallet. If you dont need the wallet further and moved a Continue reading >>

Bitcoins Upcoming Segwit2x Hard Fork, Put In Laymans Terms

Bitcoins Upcoming Segwit2x Hard Fork, Put In Laymans Terms

Bitcoins Upcoming SegWit2x Hard Fork, Put in Laymans Terms All these forks are confusing, so were breaking down SegWit2x and explaining it in simple terms. You may have noticed the increase in Segwit2x news, opinion, posts, rants, and memes circulating throughout various media sources. You may have seen some of this media and been completely lost, as if you were reading a different language. The entire debate can get pretty technical and you may be wondering if you should be concerned by the increasing number of rants you see on r/Bitcoin regarding the fork . To make Segwit2x clear, I will be breaking down the hardfork and putting it in laymans terms. We will call todays version of Bitcoin legacy Bitcoin. Right now, there is a 1 MB limit to the size of blocks . This was done by Satoshi to keep network nodes from coming under attack when Bitcoin was very young. He picked 1 MB as the limit because blocks were 99% empty at the time, and he expected there would be plenty of time to upgrade the system later when needed. As Bitcoin grew more popular, the network had so many transactions to process that the transactions were beginning to pile up and form a queue. Blocks are discovered roughly every ten minutes, but in ten minutes time, there were more than 1 MB of transactions, causing some to be delayed until a future, emptier block could be mined. The congestion caused delays in the amount of time it took for a transaction to be verified and applied pressure on the senders in a transaction to increase their transaction (tx) fee. This fee incentivizes miners to include that transaction in the current block. As blocks filled up, the fee needed to be included in a new block rose proportionally. Bitcoin transactions began to get very expensive, if senders paid higher fees, or v Continue reading >>

Ethereum Developers Find Geth Bug As Hard Fork Nears - Coindesk

Ethereum Developers Find Geth Bug As Hard Fork Nears - Coindesk

Ethereum Developers Find Geth Bug as Hard Fork Nears The discovery of a denial-of-service (DoS) attack vulnerability led the developers of ethereum's Geth software to release a new version just days before the Byzantium hard fork. On finding the bug, the team behind ethereum's most popular client published a new software release , yet data from blockchainanalytics site Ether Nodes shows a relatively low rate only 1.9 percent of Geth nodes of adoption at press time. With Geth comprising about 75 percent of all ethereum nodes, the vulnerability could leave nodes running the previous Byzantium-compatible releasemore susceptible to DoS attacks after the hard fork. Explained by ethereum developer Casey Detrio on Reddit ,the vulnerability stems from an oversight in one of the new Byzantium features. The risk is that this bug could be exploited by an attacker who wants to take ethereum nodes offline a form of attack that the ethereum community has dealt with in the past. Bug fixes have been coming from other ethereum node software groups ahead of next week's planned fork as well. Yesterday, the team behind Parity, ethereum's second largest software client, issued a new release of its software (the fourth iteration) that corrected a "consensus bug" an error which could have caused the network to partition during the hard fork. Currently, less than 20 percent of Parity nodes have updated to the new release, according to Ether Nodes. The issues unearthed by the tests have been of an unexpected severity, leading some ethereum developers to question their approach to the hard fork release process. Internal discussions are also underway about the possibility of postponing Byzantium, but this approach also poses risks. This strategy would require all nodes to update their software s Continue reading >>

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