Ethereum Launches
We may look back on this day in history as the start of something important. Ethereum just went live.
It’s too soon to know just how transformative this new blockchain-based technology platform will prove to be, but I’m excited about its potential.
#ethereum #blockchain #DAO
Gosh this video looks like it is from every science fiction movie having an evil, control-everything, government/corporation, bad guy ever… =\
Yeah, they might want to work on their marketing, William L. Weaver….
Gideon Rosenblatt Gosh, it just drips of references to Senator Palpatine Productions… =\
Sounds like Son of Jini, crossed with mounds of security marketing BS. But, might be a pony in the BS?
I remember Jini, Lee Rothstein. That’s more like an Internet of Things precursor. This is more of a platform for building distributed applications and services. I was similarly really excited about Jini though – just ahead of its time.
Darius Constantine Thanks for the highlighting. 😐 However, the marketing BS was over the top. Any security scheme is only as good as the programmers, and users. “There is no foolproof!” Look what’s gone on with Bitcoin.
It´s a Wonderful Day!…
c/o Curating Content for the Attention Economy
This video is a complete waste of time, doesn’t provide any information at all.
Plenty of details at the Ethereum site.:
https://www.ethereum.org/
I suspect it will depend on critical mass. With Samsung and IBM involved, it very well might have legs.
Günter Zöchbauer
https://github.com/ethereum/wiki/wiki/White-Paper
William L. Weaver
Ethereum wont be the last of its kind, its the beginning.
http://www.coindesk.com/19-crypto-2-0-projects-watch-2015/
Way too many buzzword and woo.
Sounds like the feedback for Ethereum’s marketing team is, uh, more work folks…
Gideon Rosenblatt Actually: Less Marketing Work! (Sounds like the heavy hand of the big BM — IBM. FUD uber alles!)
Lee Rothstein Please explain any security problem Bitcoin has had without someone giving up their key.
Guy Paris Precisely! Read what I wrote again. You must have been so dazzled by the marketing that you experienced retrograde amnesia.
Lee Rothstein
Maybe you should read your own post again and consider my request.There was no insult intended in my comment, why the harshness?
Guy Parris
My original post clearly said, systems such as bitcoin are only as good as their users and programmers. There have been many serious breeches of bitcoin exchanges. Without the exchanges bitcoin is merely an intellectual exercise. While bitcoin blockchains may may be better than other security mechanisms, it still is at the mercy of programmers and “users” at all echelons of the in situ “system”.
The alleged “harshness”? You set yourself up as the arbiter and expected me to jump at your ultimatum. Sounds too much like the usual IBM stance that they are the arbiters of good IT.
Baloney, in both cases!
Further, I doubt that bitcoin will not be broken by quantum computing. Guess who owns the most of that, now!
Lee Rothstein
I am guessing you assume I understand crypto currencies more than I do. I was looking for an explanation or a source for info on something I dont quite understand as of yet, But thanks for the lesson.
Guy Parris – this may be of help to you.
https://plus.google.com/u/0/b/101066793456797075257/101066793456797075257/posts/PMbDEQSYDvs
Lee Rothstein – regardless of the potential for flaws, this technology is far superior to what we have now. Are you happy with the status quo?
Curating Content for the Attention Economy
My son purchased 1337 Ether for me and I have a little over 7 Bitcoin that I have had for a couple years….I am just now learning as much as I can. Thanks for the link,,, reading now.
Lee Rothstein, it seems to me that Guy Parris was simply asking an honest question. And it’s not clear what you’re referring to with regards to your “original post.” Did you post on this someplace else?
Without the exchanges bitcoin is merely an intellectual exercise.
Wow, i hope you never buy any crypto currencies, you should limit yourself to you know the paper.
I did see part of his point there, that there are weaknesses at these bottleneck/distribution points, regarding security.
Once upon a time, there was a new little country that had a large new frontier to explore and migrate to. For around 100 years, all along the frontier the little country’s brave adventurous souls moved west, and some of them opened banks, which were robbed quite often, as well as the coaches that transported money to them.
Eventually, this security problem was more or less eliminated by use of new technologies, and the country became the world’s largest economic power.
New frontiers are not for everyone,Lee Rothstein, but that is no reason to think that they will fail.