Just now (Nov 19th), Mike Hearn of R3 (25 bank blockchain consortium) said on /r/bitcoin that R3 is looking at using Ethereum and NOT Bitcoin! Specifically, he said:
"It'd be a conflict of interest if there was any chance of banks adopting Bitcoin for the use cases they're looking at, things like moving fiat currencies around, managing post trade lifecycles, etc. But there is no such chance. The use cases they are looking at and requirements they have cannot be met with the Bitcoin protocol, it just doesn't have the things they need. They are actually spending a lot more time looking at Ethereum than Bitcoin, as it's more obvious how to apply it to their use cases. But even if Bitcoin had all the features banks needed for what they want to do, their volumes are such that they wouldn't fit on a crippled 1mb-only block chain. Bitcoin can barely handle its existing user base without running out of capacity. Dropping existing inter-bank transactions onto it would simply not work."
When someone asked Mike Hearn to elaborate specifically on his statement that "They are actually spending a lot more time looking at Ethereum than Bitcoin," his response was:
As an example, try sketching out how to model a bond lifecycle with Bitcoin. I tried it in 2012 for the videod talk I gave in London. It requires absurd acrobatics for even a very simplified sort of bond and when you get into the real thing, forget it. They are interested in Ethereum due to its more powerful scripting language (and, I suspect, its better reputation, as Ethereum has not yet been sullied by people using it for trading illegal things)."
Conclusions: 1. R3 / big banks are overlooking Bitcoin and instead opting for Ethereum. 2. Ethereum + R3 partnership all but confirmed[?] 3. Buy more ETH
Anyone know why there is not a normal ETH wallet out just yet ? or did i just missed it ? How do you all store your coins atm ? cause a exchange aint the way to go atm .
Also did anyone ever counted the max coin amount ? or a approx of it?
Kind regards,
The GUI wallet called Mist is currently in beta stage. You have to be careful storing large amounts of Ether there now that the software it is beta. In the meantime, you can use the command line wallet called geth to store all your Ether as this is the one that it is being used right now because it is stable. Hope this helps.
P.S. You could also make a ETH paper wallet
Why does it matter if you store large amounts of ether in a beta release, so long as you keep backups of keystores?
Just now (Nov 19th), Mike Hearn of R3 (25 bank blockchain consortium) said on /r/bitcoin that R3 is looking at using Ethereum and NOT Bitcoin! Specifically, he said:
"It'd be a conflict of interest if there was any chance of banks adopting Bitcoin for the use cases they're looking at, things like moving fiat currencies around, managing post trade lifecycles, etc. But there is no such chance. The use cases they are looking at and requirements they have cannot be met with the Bitcoin protocol, it just doesn't have the things they need. They are actually spending a lot more time looking at Ethereum than Bitcoin, as it's more obvious how to apply it to their use cases. But even if Bitcoin had all the features banks needed for what they want to do, their volumes are such that they wouldn't fit on a crippled 1mb-only block chain. Bitcoin can barely handle its existing user base without running out of capacity. Dropping existing inter-bank transactions onto it would simply not work."
When someone asked Mike Hearn to elaborate specifically on his statement that "They are actually spending a lot more time looking at Ethereum than Bitcoin," his response was:
As an example, try sketching out how to model a bond lifecycle with Bitcoin. I tried it in 2012 for the videod talk I gave in London. It requires absurd acrobatics for even a very simplified sort of bond and when you get into the real thing, forget it. They are interested in Ethereum due to its more powerful scripting language (and, I suspect, its better reputation, as Ethereum has not yet been sullied by people using it for trading illegal things)."
Conclusions: 1. R3 / big banks are overlooking Bitcoin and instead opting for Ethereum. 2. Ethereum + R3 partnership all but confirmed[?] 3. Buy more ETH
It almost feels like the momentum is turning away from Bitcoin and towards Ethereum.
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BoardAnnouncements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
Notice that nowhere in the CoinTelegraph article is there mentioned a 'partnership' between Ethereum and Blocknet. In fact, the article explicitly says that this is not a partnership in its current state. Also notice that George Hallam contributed to the content of the article as per the above quote from the CoinTelegraph article. There's nothing 'alleged' about this. It's happening.
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BoardAnnouncements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
Longenecker
on 14/05/2015, 17:04:24 UTC
Will Blocknet be coordinating the launch of their decentralized exchange to coincide with Ethereum's upcoming frontier launch in roughly 1.5 weeks?
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BoardAnnouncements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
HUGE news!! Let's not forget that Dan was recently made the head of Ethereum meetup's in Boston! These are truly exciting times for both Blocknet and Ethereum!
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BoardAnnouncements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
#Blocknet founder Dan Metcalf to lead the #Ethereum meetups in Boston.
Let's make some DApps @ethereumproject!
Dan is the official Boston point of contact for the Ethereum project?
Wow... that is f'ing legit!
This is only a guess, but I'd be willing to bet there's more to this Blocknet <---> Ethereum relationship than just Dan being the point of contact for Ethereum, Boston.
Simply put, Ethereum's DApp network and BlockNet's xbridge (decentralised cross-chain communication) would be a perfect marriage. If this is the case, it would be fantastically beneficial for both projects.
I suppose time will tell.
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BoardAnnouncements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
If there is a problem with reward formula it can't be fixed because you might get deeply concerned? The formula was changed, and people decided to download the client with the changed formula, thus the trust was not destroyed.
The dev of darkcoin is an instaminer and then a magician. I don't know how people are still buying that pump and dump scam. I will never buy that coin even if someone tell me that I can win millions. In the long term, darkcoin have no future because it's based on a lie. How people can continue to trust this dishonest developer?
It's incredibly easy to pump a coin when you control the great majority of the total supply.
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BoardAltcoin Discussion
Re: [DRK] Darkcoin is NOT Anonymous? Possible Proof inside.
what evilknievel doesn't know is there're not just 3 people in each mixing...not from start to end However we do need more discussions like this!
Yes, I find this fascinating. Even if something could show a vulnerability, with the Darkcoin dev being here and working on it constantly, any vulnerabilities can turn into strengths, when things get fixed (if they need fixing).
Can I have whatever koolaid you're drinking?
What is more fascinating is that the Darkcoin dev has possibly been building upon a flawed foundation the entire time, unknowingly. This should lead you to question his capability and credibility.
what evilknievel doesn't know is there're not just 3 people in each mixing...not from start to end However we do need more discussions like this!
Yes, I find this fascinating. Even if something could show a vulnerability, with the Darkcoin dev being here and working on it constantly, any vulnerabilities can turn into strengths, when things get fixed (if they need fixing).
Can I have whatever koolaid you're drinking?
What is more fascinating is that the Darkcoin dev has possibly been building upon a flawed foundation the entire time, unknowingly. This should lead you to question his capability and credibility.