Quote from: IncludeBeer on February 27, 2017, 01:24:42 AM

Quote from: bitpop on February 26, 2017, 05:57:13 AM

Quote from: Loepuenkyou on February 26, 2017, 05:08:57 AM

Quote from: oneyesoneno on February 24, 2017, 03:12:01 AM

Introduction to Cryptoeconomics - Vitalik Buterin Cheesy

https://www.youtube.com/watch?v=pKqdjaH1dRo&feature=youtu.be

what is about pinalty
you can explain for me it affect ethereum user, about pinalty system, can reduce balance or what is affect about pinalty

Etherium is centralized and your balance can be forked and seized

Precisely the reason I haven't ignored bitpop yet, because he trolls and tells blatant lies about Ethereum in hopes it will boost ETC price.

@Loepuenkyou: watch the video! He explains exactly what is meant. Basically, if you purposely and maliciously try to double spend or attack the network, or other such things, your staked reward (once Casper is released) is penalized. It's a PoS implementation which safeguards against a lot of the shortcomings of today's PoS implementations. It helps protect the network and make it more secure than even PoW can (arguably).

Bitpop is a greedy guy, he wants ETH pump so his worthless ETC will be pumping too. I think his behavior makes every ETH fan sick.