Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
roselee
on 20/07/2017, 17:32:28 UTC

But not like this. Why the hell would people want a tokenized fiat? It makes no sense.

Why not just use the established cryptocurrencies for day to day payments...

Price stability??

You mean 10% inflation / yeaar? 99.9% of the value of USD was lost in the past 100 years...

No thanks. I like if my wealth is going up not down. Cryptocurrencies mostly go up in price.

IMHO some governments are thinking about tokenizing fiat especially in Asia because it's a way to make cashless transactions without having to trust a third party like Paypal or WeChat in China.

But it's certainly not for price stability yet as even the big cryptocurrencies are still very (VERY) volatile.


So, when ETH will fork again?
again almost 20 mil $ got stolen!
and why on the ETH chain and not on the ETC chain?

I don't think they will fork this time, that will cause too much chaos, too much time has passed since the fiasco.

It didnt happened on the ETC chain because the ETC chain is no longer ETH, it doesn't have the same ICO's as ETH does, so ETC is a separate entity and has nothing to do with ETH anymore.

If your question was about whether or not an hard fork happening on the ETH blockchain should happen on the ETC blockchain, profitgenerator212 made a good point underlining that they are two different entities by know.

If your question was about why the stealth of 20 M$ worth happened on ETH and not on ETC, the answer is, IMHO, that the ETC blockchain isn't as valuable as ETH's (because of its marketcap but also because of some other points which were discussed 1 or 2 pages ago on this thread). This make ETH much more interesting to steal.
Plus Parity exists only for ETH, not for ETC.

and etc does not rush things
etcdev team acomplished a lot since the dao hf the diff bomb, repay protection, the cap and they work on a new independet wallet emeralt, the iohk (charles hoskinson) works on rewriting the whole code and documenting it

there are projects planed but the comunity is very careful many of the icos on eth are looking like scams and etc can do what eth can but wont rush it

eth might get to big to fast there is a presure on the devs and all this icos remind me of the techbuble

plus eth seems to attrackt the banks, keep in mind banks had a monoply on money printing that is over since the blockchain was born.

first they fought it now they want to be part of it or take it over but fakt is now one can chose