Post
Topic
Board Altcoin Discussion
Re: Ethereum contract tokens
by
mining1
on 16/04/2017, 12:09:26 UTC
@bbc.reporter ethereum will scale. There are several scaling developments, raiden in ~1month, also pos with casper, state channels, sharding, truebit. Keep in mind that no other project or development team currently can challenge ethereum foundation in development.

Bitcoin's blockstream/core has what, 100 devs or more ? And they keep chasing their own tails for many years now and all they could come with was segwit and maybe LN in 1-3 years. Raiden, LN equivalant, is weeks away. And comparing bitcoin to ethereum is like comparing a bike to a nextgen tesla.

https://letstalkbitcoin.com/blog/post/epicenter-177-jason-teutsch-christian-reitwiessner-truebit-scalable-offchain-computations-for-ethereum
http://www.coindesk.com/new-ethereum-proposal-aims-to-supercharge-smart-contracts/
http://www.coindesk.com/ethereum-creator-vitalik-buterin-scaling-devcon2/
http://www.coindesk.com/ethereum-casper-proof-stake-rewrite-rules-blockchain/

About swarm, i am not technical but i think is something similar to IPFS which works. Akasha will use IPFS and ethereum, because swarm is not ready.

Also

Major casper issues have already been solved, i think you're stuck with 2015 infos about casper. https://medium.com/@VitalikButerin/minimal-slashing-conditions-20f0b500fc6c
https://github.com/ethereum/research/blob/master/casper4/simple_casper.v.py
https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ

Also casper does not assume rational attackers, so if a 51% attack happens in POS, at curent prices, the attackers would have to burn 100-500mil $. In which case they would rather do it now than later because it would cost them 10 times less. With ~30$ mil you can even attack bitcoin.