KK thanks. I didnt even know that existed. Maybe you should wait until your out of BETA?

So there's a lot to read before asking a *completely* educated question about Ethereum, but hopefully I'm not jumping the gun too much...

Because Ethereum has a Turing complete scripting language, you cannot necessarily know how many cycles a script will take to execute, but Ethereum charges a fee based on how many cycles (past 16) that it takes your script to execute, how are you handling that?

I've read all 28 pages on the other thread, and all the posts on this one so far. I'm surprised at so many people who are opposed to the founders' share. My take on it is this: if you invent potentially world-changing technology, and that technology succeeds, you deserve to be rewarded. I don't see anybody here complaining about how much money Larry Page and Sergey Brin made off Google!

The founders' ether doesn't even begin to vest until one year after launch, and doesn't finish vesting until three years after launch. That means two things: first, there is no "insant profit" for the founders...they only make money if they create long-term value. Secondly, their premine shares are "locked," which means that even though there is an initial 33% premine (0.5X), no portion of that money will show up on exchanges until 1-3 years have passed. For all practical purposes, that ether doesn't even exist until it vests.

Some of you have said "but they get the bitcoins, and then they get a share of ether, too!" But you aren't reading their terms carefully enough--those bitcoins go to pay for development. They do not go into the pockets of the founders (other than inasmuch as they are paid salaries, as employees). If you think they are lying, well that's another thing entirely. Given the caliber of the founders' and their reputation, I think that is seriously unlikely.

Another thing I don't understand is how people understand ratios so poorly. Would you rather 1000 coins at $10 profit each, or 100 coins at $100 profit each? (HINT: It's the same amount either way!).

TL;DR If you think ethereum just faces too many technical and legal hurdles, or that it's just too risky, then don't invest. But if you think this has true potential and you decide not to invest "on principle" because you feel like the founders are making too much money, then you're a damn fool.

I know you are.... Who else?

OMG this wallet is so beautiful. Can anyone pm me or post here about your expierences with it/ I want to use it for my go-to wallet but the warning frightens me

So, as a novice hobbyist, I am still very interested in this coin (?), so i'll throw this out there. In business you're often asked to prepare and give someone the "elevator pitch", which might be about 30 seconds worth of bullet points. So someone give this to me, what is the "elevator pitch" for this coin?

Is it a bitcoin killer? What does it do that other coins don't (is it the notion that you can leverage mining power into real-world applications/computations?)

this. Mining output is 0.5x (x = number of ethers bought initially) per year. Linear inflation.

There's no cap, so where is the 1.2 trillion coming from? I think it's probably based on some assumptions (mainly a certain "x" and a certain percentage of coin loss?)

We also theorize that because coins are always lost over time due to carelessness, death, etc, and coin loss can be modeled as a percentage of the total supply per year, that the total currency supply in circulation will in fact eventually stabilize at a value equal to the annual issuance divided by the loss rate (eg. at a loss rate of 1%, once the supply reaches 100 * (0.5X) then 0.5X will be mined and 0.5X lost every year, creating an equilibrium).

Do one for Windows and I'll be your bitch for a week.

Charles could you answer the following question?
Who will receive the Bitcoins the fundraisers spent to buy Ether? The founders? The organisation? Will they be locked/destroyed? I assume the founders and/or organisation, but I guess it would be good to clearify that part, just to be transparent. Another option could be to spend it to a group of NGOs (Wikileaks, EEF, ...).

Yeah, there's no way to generate more addresses now... I know address reuse is not recommended, but it's by design to make things simpler to understand for people new to Bitcoin.

In the next month or two we're going to switch to a BIP32 HD wallet (once it's implemented in bitcoinj), so new addresses will be generated from the seed every time, and then we'll rethink how to handle this in the UI.

Again, this shit is waaaay over my head, but what i read that to mean is maybe like the transaction fees we already pay to send coins from our wallets?

Why , instead of .?

Hi, I'm just trying to get my head around what this is, and I'm sorry I haven't read too much yet. As I understand it, the hive app is an app which is or will be a bitcoin wallet, but also offers an API for people to create their own bitcoin related games which can be played with the bitcoins in the users wallet. Is that right or am I way off?

Hey congrats guys   I love it when two people I enjoy the company of hitch their wagons to strike out against nazi zombies. 

Wendell, any more acquisitions on your plate?

Taylor, will this effect your volunteer work with LTB?