Reality check on ethereum

The Plaza
#42

Vague…

1 Like
#43

Apparently there are 3 “solutions” for the blocksize problem trimming, sharding and lightweight wallets.

Trimming is apparently a way of making the blocks more efficient in terms of how much size they require, from my understanding it’s a way to make the blocks smaller while letting them handle the same load.

Sharding is a process by which not all wallets require a full blockchain of some sorts, apparently this should make the blockchain smaller as well as make the network faster.

Lightweight wallets are similar to other wallets we know that don’t require the block chain to operate.

I haven’t really looked into it properly so I’m afraid I can’t offer much more than a small basic understanding.

4 Likes
#44

Google trends (last 12 months) ethereum searches just passed blockchain searches…

1 Like
#45

Anyone ever tried this? http://safemarket.github.io
"P2P TRADE SYSTEM" ™ by ethereum

2 Likes
#46

Their atomic self contained wallet MIST is not working.
Anyone can confirm?

1 Like
#47

Smart contracts explained by the one who coined the term –
It is much less smart than it sounds

2 Likes
#48

Dapps are being added to the list, but they still look bogus and/or unsecure

Relevant to the business of Nu:

  1. Everex
    Cryptofiat for remittance, crowdfunding and blockchain trading
    2016-05-24
    Everex Introduction Video - YouTube

Screenshot from 2016-06-10 19:37:09.png1296×290 293 KB

Screenshot from 2016-06-10 19:36:46.png1141×308 249 KB

  1. Otonomos
    Blockchain-Chartered Companies
    2016-05-29
    Screenshot from 2016-06-10 19:44:02.png1385×519 772 KB

What do you think?

1 Like
#49

Now, any decent idea of what happens at runtime for ethereum contracts?

#50

EVM meaning ethereum virtual machine. All right.
Where does the EVM actually sit and which node does actually host it? if
every node is supposed to run and execute the smart contract, according
to this
https://www.reddit.com/r/ethereum/comments/3k4h3w/basic_questions_about_the_ethereum_evm_and_state/

#51

Where does the EVM actually sit and which node does actually execute the smart contract?
In other terms, what are the mechanics that regulate the run time of the smart contract? Any decent good paper appreciated

#52

http://stackoverflow.com/questions/37855220/where-does-the-evm-actually-sit-and-which-node-does-actually-execute-the-smart-c

#53

I dont see any chain of hashes (ie a blockchain) of results of computations from the nodes (each running EVMs right?) in https://live.ether.camp/
Just 2 blockchains: the blockchain of tx and the blockchain of contracts, which is absolutely different and way easier

#54

OK if that were true, then we should have naturally a blockchain of computations --blockchain that spans for every pass of every existing smart contract – Anyone can point me to this blockchain?

#55

Please join the conversation:

Could you show me this blockchain, that is the chain of blocks of hashed states of shared virtual machine machine. I am not interested in a mere chain of hashed snippets of txt.

#56

ETH and TheDAO are crashing HARD! Long live peershares!

2 Likes
#57

What exactly is happening here?

#58

It seems TheDAO had a bug that makes way for an exploit to drain their money with no limits. Turing completeness is serious business. It doesn’t kill ETH itself but would make people see the value of more carefully crafted and specialized/restricted DAO and smart contract implementations. TheDAO, on the other hand, is going to be bankrupt.

#59

Wow, this sounds bad.

#60

They cant even get a self-contained wallet on its feet – no wonder

1 Like
#61

Ethereum is probably finished with that.

1 Like