DEVCON1: Understanding the Ethereum Blockchain Protocol

All the video streams for Ethereum's DEVCON1 + Highlight on grant programs

DEVCON1 Video Streams (Individual edited talks coming soon!)
Day 1 - Research (This stream was killed by Sony Music Entertainment - we apologize for the centralization and censorship. We will be posting edited versions of the talks in the coming weeks.)
Day 2 - DApp Development Strategies
Day 3 - Deep Dive into Ethereum Protocols
Day 4 - DApps
Day 5 - Industry and Social Implications
Highlight: Grant Programs Update
Thanks to all those who attended, we very much look forward to seeing you again next year!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 videos - Jutta Steiner and Gustav Simonsson on Securing Ethereum, Alex Leverington on devp2p, Jack Pettersson and Robert Edström on Safer Languages for Smart Contracts

Hello everyone! :)
Today we have:
DEVCON1: Securing Ethereum - Jutta Steiner, Gustav Simonsson
DEVCON1: devp2p - Alex Leverington
DEVCON1: Towards safer languages for smart contracts - Jack Pettersson, Robert Edström
As always, let me know if you have any questions.
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos (Lightning Talks): Thomas Bertani on Oraclize, Hudson James on the Ethereum Community and Patrick Salami on HitFin

Hello everyone,
Today we have a selection of lightning talks:
DEVCON1: Lightning Talk: Provably Honest Oracle Service - Thomas Bertani
DEVCON1: Lightning Talk: Learning Ethereum & How to navigate the community - Hudson Jameson
DEVCON1: Lightning Talk: HitFin - Patrick Salami
Let me know if you have any questions!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: Taylor Gerring on Enterprise Ethereum, Christoph Jentzsch on Slock.it and Ashley Taylor on Inflekt

Hi all,
Almost there now, the amount of awesome content generated at DEVCON continues to amaze me :)
Today's videos are:
DEVCON1: Ethereum in the Enterprise Environment - Taylor Gerring
DEVCON1: Slock.it - Christoph Jentzsch
DEVCON1: Inflekt: Event & Community Management - Ashley Taylor
If you have any questions, let me know!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: Tim Coulter on the DApp Store, Vitalik Buterin on the Ethereum Blockchain Protocol and

Hi all,
Hope you've had a great christmas and a wonderful new year!
Today we have:
DEVCON1: DappStore -Tim Coulter
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
DEVCON1: Weifund & Boardroom - Nick Dodson
Only a few more to go!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: Dr. Jack Peterson on Augur, Konstantin Kudryavtsev on Embark and a Panel on Standardization on the Ethereum Blockchain

Hi all!
Today we have:
DEVCON1: Augur - Dr. Jack Peterson
DEVCON1: Embark - DApps Framework - Konstantin Kudryavtsev (for Iuri Matias)
DEVCON1: Panel: Standardization
If you have any questions, let me know!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: Elias Haase on Insurance on the Blockchain and a Panel on the Pathway to Ethereum Adoption

Hello everyone!
Today we have:
DEVCON1: Insurance on the blockchain - Elias Haase
DEVCON1: Panel - The Pathway to Ethereum Adoption
As always, let me know if you have any questions!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: Vinay Gupta & Imogen Heap on Cypherpunk's Failure, Ethereum's Success and Mycelia, a Panel on Smart Contracts & Banking and Andre Junge presenting on Reputation

Hello all!
Today we have:
DEVCON1: Dangerous Old Men: Cypherpunk's Failure, Ethereum's success - Vinay Gupta feat. Imogen Heap
DEVCON1: Panel: Banking with Smart Contracts
DEVCON1: Myths and Facts of Reputation Systems - Andre Junge
Enjoy and let me know if you have any questions!
submitted by thehighfiveghost to ethereum [link] [comments]

Today's DEVCON1 Videos: UBS on their Smart Bond Platform, Zsolt Felfoldi on the Ethereum Light Client and Dominic Williams on Synthetic Assets

Hi all!
Hope you're enjoying the lead up to Christmas :)
Today we have:
DEVCON1: Smart Bonds - UBS
DEVCON1: Progressing toward the Ethereum Light Client - Zsolt Felfoldi
DEVCON1: Synthetic Assets - Dominic Williams
As always, let me know if you have any questions.
submitted by thehighfiveghost to ethereum [link] [comments]

[ethereum] All the video streams for Ethereum's DEVCON1 + Highlight on grant programs

[ethereum] All the video streams for Ethereum's DEVCON1 + Highlight on grant programs submitted by PlaylisterBot to radditplaylists [link] [comments]

Starter guide: (almost) all the links you'll need to start understanding ethereum.

Welcome to our community. Ethereum is a smart computing platform that uses the blockchain. This forum is for Ethereum tech discussions and related technologies.

What is Ethereum?

Where do I start?

Homestead

Devcon Videos

Technologies and Apps

How do I update my wallet?
The wallet is an interface to the node. This means you can have multiple copies of the wallet, or overwrite your old copies without a problem
How do I backup?
Open the wallet, go to accounts > backup and save those folders
Do I need to download the full Blockchain?
Yes. Light clients are on the pipeline and before that there are some updates that will optimize and speed up the time it takes.
Is it safe to store my ether or import my presale wallet?
Yes. Of course risk is relative and you should keep your computer protected from malware and wallet backed up. The wallet is still beta but at this point this is more related to crashes and other issues that might make it harder for a non geek to launch the wallet. But the chances of actually loss of ether are relatively small at that point and probably smaller than an exchange getting hacked
submitted by avsa to ethereum [link] [comments]

How to follow, study and keep up to date with the Ethereum project. This info or link might help with newbies or people you would like to send info to regarding what ethereum is.

Iv been asked to put together some info / links on the Ethereum Project by a few people lately that iv met or talked to and since its Sunday and i got a half day from work here it is:
I emailed them and then pasted it here so sorry if its a bit clumped together. Cant get the grasp of how reddit breaks up sentances 8-()
https://www.ethereum.org/ Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Ethereum Blog: https://blog.ethereum.org/
Note: This is not investment advise, This email is just to show you what Ethereum is, what these 1000's of computer scientists, developers, programmers and hackers are building. A whole new internet run from millions of peoples computers all over the world to create the "Ethereum Virtual Machine" or world computer that 7 Billion people can log onto at the same time. It is censorship resistant, encrypted and the Ethereum Blockchain can not be hacked. This is going to change the world as we know it.
There is a built in currency called "Ether" or "ETH" and can be purchased from any of many exchanges listed below.
Note 2: ETC or Ethereum Classic is a smaller blockchain project that also uses the EVM (Ethereum Virtual Machine) and id advise to stay away from that project, it has not got the 1000's of developers building it like ETH does, it apparently has one or 2 developers that went their own way, The EVM can also run private and consortium blockchains that alot of big and small companies are building on for their inhouse private operations. Like a Intranet (intranet is a private network that is contained within an enterprise)
Its very hard to understand at first what exactly blockchain is so here are some videos that i think explains it well:
BBC 2015 https://www.youtube.com/watch?v=0X33lgMbvdI
Ethereum: the World Computer https://www.youtube.com/watch?v=j23HnORQXvs
An Ethereum Interview Series // Teaser from the recent Devcon2 https://www.youtube.com/watch?v=gHseIdJ0SJU
What is Ethereum? https://www.youtube.com/watch?v=Clw-qf1sUZg&t=123s
ETHEREUM explained in 100 seconds. https://www.youtube.com/watch?v=eRDKP8nCVtU
Vitalik Buterin explains Ethereum https://www.youtube.com/watch?v=TDGq4aeevgY
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
https://www.youtube.com/watch?v=gjwr-7PgpN8
2016 China Devcon2: Ethereum in 25 Minutes https://www.youtube.com/watch?v=66SaEDzlmP4&t=1s
Joseph Lubin - The Basics of Blockchain and Etherum https://www.youtube.com/watch?v=0ilYnuP1qd4&t=50s
DEVCON1: Ethereum for Dummies - Dr. Gavin Wood https://www.youtube.com/watch?v=U_LK0t_qaPo
Blockchain is Eating Wall Street | Alex Tapscott | https://www.youtube.com/watch?v=WnEYakUxsHU
How the mysterious dark net is going mainstream https://www.youtube.com/watch?v=pzN4WGPC4kc&t=378s
The four pillars of a decentralized society | Johann Gevers https://www.youtube.com/watch?v=8oeiOeDq_Nc
Gavin Wood: Why is Blockchain a game changer? https://www.youtube.com/watch?v=ygZWhQXZtl4&t=188s
Brock Pierce: Blockchain technology https://www.youtube.com/watch?v=3lMvo0PPxjQ&t=619s
2014 Keiser Report: New Crypto Phenomenon Ethereum https://www.youtube.com/watch?v=hdAnyC45ZbU (starts at about 12 mins)
Devcon2 Videos from 2016 https://www.youtube.com/channel/UCNOfzGXD_C9YMYmnefmPH0g/videos
Devcon1 and other Ethereum Videos from 2014 & 15 https://www.youtube.com/useethereumproject/videos
Soundcloud: (these are great with Arthur speaking directly to Developers that are building on Ethereum)
The Ether Review - Arthur Falls https://soundcloud.com/arthurfalls
ConsenSys Media - Arthur Falls https://soundcloud.com/consensys
Evan Van Ness sends out "The week in Ethereum" latest here: http://www.weekinethereum.com/
Id highly recommend subscribing to his news letter here http://evanvanness.us14.list-manage1.com/subscribe?u=4c6ec57a148e890524b6ac91f&id=7061f7fa65
Ethereum Rules and Getting Started Guide https://www.reddit.com/ethereum/comments/4ws9um/rethereum_rules_and_getting_started_guide/
Reddit:
https://www.reddit.com/ethereum/new/ News, development and everything apart from price. Most news about Ethereum can be found here daily
https://www.reddit.com/ethtradenew/ price and trading discussions
Ethereum News commentators i watch:
Crypt0 https://www.youtube.com/useobham001/videos
Mr Yukon C https://www.youtube.com/channel/UClfAgeZvfwC9hcJrFisW8cQ/videos
Ethereum people to follow on twitter to get linked and fed important blockchain info:
@SingularDTV @golemproject @ethcoreproject @MrYukonC @EthereumCanada @ConsenSysLLC @R3CEV @DigixGlobal @AugurProject @NickSzabo4 @ethereumJoseph @Gatecoin @aantonop @BobSummerwill @GeorgeAHallam @el33th4xor @awrelllRo @mingchan88 @peter_szilagyi @koeppelmann @LefterisJP @stephantual @wmougayar @jeffehh @TaylorGerring @avsa (there is plenty more i just don't have them on my twitter yet)
To run a node from your computer you can download the "Ethereum Wallet" here: https://github.com/ethereum/mist/releases
Instructions:
How to Install the Ethereum Wallet https://www.youtube.com/watch?v=Y3JfLgjqNU4&t=7s
How to Back up and load the Ethereum Wallet https://www.youtube.com/watch?v=CZ8ZCtbxD0M&t=2s
How To Watch Tokens and Other Smart Contracts with the Ethereum Wallet https://www.youtube.com/watch?v=V_KJ84jkPi8
Ethereum and other blockchain project prices http://coinmarketcap.com/
There are many exchanges that trade Ether around the world http://coinmarketcap.com/currencies/ethereum/#markets
Some ones i have used are: www.kraken.com Accepts Euro, Dollar, GBP etc.. by SEPA or international bank transfer and you can buy Ether
www.poloniex.com (does not accept fiat but it is the largest volume for trading crypto pairs, I have used www.bitstamp.net in the UK to buy Bitcoin and then send them to Poloniex to swap for Ether )
www.yunbi.com A very good exchange based in China and have listed a few ethereum tokens, you need to swap through CNY (Chinese Yuan) but its easy and very good support.
www.bittrex.com No Fiat but also lists some Ethereum Based tokens
www.gatecoin.com Based in Hong Kong and you can send Euro and Dollar, Also lists alot of Ethereum Based tokens, Volume is very low at the moment as they recover from a hack but they offer very good support.
The safest place to store you Ether is on a hardware wallet like this one https://www.ledgerwallet.com/products/12-ledger-nano-s.
You can also store all you Ethereum based tokens or shares on this device https://ledger.groovehq.com/knowledge_base/topics/how-to-secure-your-eth-tokens-augur-rep-dot-dot-dot-with-your-nano-s
The way "I view" the incentive to keep Ether (ETH) is the following and the reason i think it will go up in value is because of "The velocity of Ether moving through the Ethereum economy (Platform)". So the more Ether is used the higher the price will get and in a number of years will see us move down to the lower units finney, szabo, shannon, babbage, lovelace, and wei as the digital economy grows. Ether has 18 decimal places 1,000,000,000,000,000,000. Because after POS Ether total supply will be set at approx. 100 Million with a small inflation of 1 to 3% that pays the computers running it.
So ether will be more like the reserve currency and trade currency between all the other currencies, contracts and Dapps interacting in the Ethereum digital economy. But its main function is like a gas to run the network. Every transaction you have to pay a tiny amount to the network that goes to all the computers running the network. less than 1 penny.
Ethereum Based Tokens / Synthetic assets (What is a Synthetic Asset https://www.youtube.com/watch?v=St9DBpNBP1Q)
On coinmarketcap.com you can see there are 642 other Blockchain projects listed and some like Bitcoin are 8 years old. 90%+ of these projects are junk projects developed by 1 or 2 people and are just copies of Bitcoin. Some have added extra functions over Bitcoin and Bitcoin is a very secure but slow payment DAPP but cant do much else besides payments.
Ethereum was built from scratch and is built like lets say "android or a smart phone" so that DAPPS can be plugged in as you should have heard from the above videos. So there are now a good few DAPPS that are nearly completion that were built on the ethereum blockchain by different groups of developers. There are alot more but 328 are listed here: http://dapps.ethercasts.com/. So there is not just 643 blockchain projects there are over 1000 but all the ones on Ethereum can communicate or interoperate with eachother. Some notable ones you can see listed on coinmarketcap are Augur, Iconomi, DigixDAO, Golem, SingularDTV etc..... All these because they are built on the Ethereum blockchain can interact with eachother but the other 600+ blockchains can not. This is what makes Ethereum different from the rest.
As DigixDAO is the one i have studied most ill give an example of a DAPP thats built on Ethereum and why a DAPP would be usefull
In industry most work is automated, the operators no longer have to take process samples manually and send to the lab or go and top up a tank manually with certain additives, This is all done by automation, When the process is at a certain temperate, level, viscosity etc.. the instrumentation measures this and adds or pumps the necessary ingredients / additives to make sure the final product is made correctly. This automation has saved alot of costs and manual labour in industry.
What Digix / blockchain is doing is automating alot of the back office paperwork, accounting, agreements etc... Example: company that owns a gold vault (Like Silver Bullion) have employees handling paperwork / sales etc and when people sell and buy gold it changes hands or changes registered ownership and the employees have to manually do this paperwork. What Digix provides is automated software that does all this automatically in 14 seconds. For billing / storage if you have gold stored in the vault you pay about 1% a year so you know if you have $10,000 worth of gold then you need to pay about $100 a year which you pay by topping up your gold (DGX) by $100 and its taken out automatically each day by a tiny tiny amount.
The good thing is that if you have Gold Tokens as your savings instead of Fiat and you need to borrow $ short term you can borrow $ by agreeing to lock your Gold Tokens in a smart contract in the software and pay interest for that loan. If you pay back the loan over 3 months then the gold tokens are automatically returned to your address and you havent missed a gold rally or a Fiat devaluation. If you dont pay it back then the person who lent you the $ gets all your gold (or the % not paid) Again this process is automated in a smart contract and the bullion employee didnt have to settle all the paperwork, transfers of gold or get contracts and agreements signed by both parties, This is done by digital signature / agreements and saves the Vault operator alot of costs.
The vault operator can also earn a bit of the loans interest and $ can be provided by them or even 3rd parties. Using the Ethereum blockchain this can be done for lots of different industries from banking, stocks, insurance, gambling, pritty much everywhere
Other non Ethereum related Youtube people i follow, mainly Economics, Geo-politics, Gold / Silver etc.... These people give some very good info that you wont get from the big media companies or state media. Maybe this will help you understand why you should not keep 100% of your wealth in $ and maybe a few % is worth keeping in Crypto or ever Gold Physical or easier DGX (DigixDAO) or DGD.
Greg Hunter https://www.youtube.com/useusawatchdog/videos
Gerald Celente Trends in the News https://www.youtube.com/usegcelente/videos
Gregory Mannarino https://www.youtube.com/useGregVegas5909/videos
Realist News Jsnip4 https://www.youtube.com/usejsnip4/videos
SGT Report https://www.youtube.com/useSGTbull07/videos
Stefan molyneux https://www.youtube.com/usestefbot/videos
X22 Report https://www.youtube.com/useX22Report/videos
Clif High https://www.youtube.com/results?search_query=clif+high
Noem Chomsky https://www.youtube.com/results?search_query=noem+chomsky
Health
Dr John Bergman https://www.youtube.com/usejohnbchiro/videos
Nutrition Facts Org https://www.youtube.com/useNutritionFactsOrg/videos
Any questions just ask
submitted by TonyMcCarp to ethereum [link] [comments]

Today, We can set into motion the greatest effort in human history to truly decentralized the main stream media...with blockchain technology.

In light of the APs pre-nomination of HRC and of the many other biases we have endured throughout this incredible campaign, most of us Bernie supporters are left so helpless (even outraged) at the main stream media's stiff-arm tactics and how they 'control the narrative'. They tell us what we should pay attention to, and they have bequeathed upon themselves the title of (false) oracles for their corporate-political interests.
This must stop today!
We at Ethereum are using smart contracts, oracles, energy/resource sharing, decentralized organization, (and so much more) on the Ethereum blockchain enabling almost science fictional use-cases that can exist today - everything from smart governance to smart cities. 'Smart media' and journalism are also surely on their way. Our swarm of citizens will need to be very technological savvy in our fight for true Democracy. And we need to embrace these technologies that harness our collective power...
I urge you Bernie supporters to introduce yourself to the Ethereum community and ask about the many ways Web 3.0 technology can distrupt existing main stream media platforms and create a new paradigm in journalism & beyond - where, we, the consensus of citizens, 'control the narrative.'
Let's take the story back together , starting today!
The fact that this subreddit, this campaign is highly organized but in a very 1.0 way. With Ethereum blockchain technology, this swarm (an extremely powerful entity that is using about .0001% of its collective hard potential) can translate collective power into collective decision making, collective voice, collective action - all in a most democratic and decentralized fashion. In theory, with a Smart Contract, this subreddit could create its own television network who's (live) content is broadcasted through the filter of the general consensus..not corporate interests but the people's interests...where voting is irrefutable and content uncensorable. This is very bare bones and the tip of the iceberg of what can be done on the Ethereum network and blockchain of the 2.0 variety in general. Please research!
Edit: Please checkout Ethereum.org, Ethereum's devcon1 videos on YouTube, DAO.consider.it, The Ether Review podcast, Ethereum on Stack Exchange, Google Ethereum, talks by Vinay Gupta, Consensys, Ethereum creator Vitalik Buterin, and the many more resources to research blockchain 2.0/ Web 3.0... It's super exciting!
submitted by twigwam to SandersForPresident [link] [comments]

Anyone else get a spammy Ethereum promotion in PM?

This is getting ridiculous. This came from duncanlandry
Text quoted in full below.
I am sending you this message because the crypto community is too heavily censored, please read carefully.
The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that. The real power in the bitcoin world is helt by the miners, as long as the mining process is properly decentralized bitcoin will be decentralized. But real world competition caused many cracks to appear in this model, the first flaws that appeared were pooled mining (centralizing power with mining operators), then came ASICs (Centralizing power with mining operators with good industry connections), then came cheap electricity + latency issues (Centralizing power with mining pools with access to cheap electicity and low latency to others big mining pools). These pressures has essentially caused mining to be centalized mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency to other chinese mining pools (and high latency to the rest of the world).
One important thing to keep in mind is that bitcoin itself can evade capital controls and move seamlessly accross borders. But mining equipment cannot. It would be easy to confiscate all mining equipment in the country and use it to destroy bitcoin.
So what is the solution to this problem? Proof of stake is the solution because it removed the physical element and allows network voting power to move seamlessly accross borders too. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues.
The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen.
If you are willing to open your mind and learn about how Ethereum will beat bitcoin by being far superior to bitcoin watch the videos of Devcon1
Bitcoin is doomed and Ethereum will replace it.
Obviously most people involved in Ethereum are aware of this. But for most other people it is not so obvious. But it is hard to convince the masses because they are not reading enough information about Ethereum, either because of censorship in subs or because of denial.
Therefore I think it is the mission of each of us to get the word out. Only by saying it often and giving clear examples we can teach the masses what we already know. Try to reach at least on uninformed person every day. (If you lack ideas, just post the link to this post in different reddit subs with target audience).
First of all it is important to remind people that Bitcoin was also once small, and that people also did not believe in Bitcoin because they couldn't imagine what benefit it would give over conventional payment systems. That perception changed dramatically for bitcoin and the same will happen to Ethereum. It is important to emphasise this because people often use the psychological principle of Social Proof to make decisions in unknown situations, this is currently working against Ethereum, the underlying reasoning is, "If Ethereum is so great why is it so cheap?", "If Ethereum is so great why is everyone talking about Bitcoin?", "If Ethereum is so great, why are the smart people X, Y and Z not invested in it?".
Second of all it is important to emphasise that not only is Ethereum a crypto that offers a whole new concept of the decentralized web, it is also better than Bitcoin at being a currency for payments. This is easy to show by explaining a real world scenario. Imagine the perfect crypto currency, obviously it should be possible to re-implement the most convenient payment systems used today using that crypto currency, and doing so in a decentralized way, with no added fees or middle man. It should be able to behave very much like cash in being able to spend it quick and easy. The most similar electronic product that offers this is the anonymous tap to pay, prepaid payment card. It is easy, it is anonymous, it wont be hacked like phones, it has the ability to limit exposure to compromise by having limited balance that automatically recharged and the end of the day. Implementing this in Bitcoin would not be possible because the small chip in the card is not connected to the internet, and sharing your private key is a security hazard. But what if your wallet/contract could use asymmetric encryption to accept a different secret payment key on every payment. This way it is possible to implement the payment with a touch to pay card in a secure way. In Ethereum it is also possible to program a contract to recharge a wallet at the end of every day for added security, It is also possible to automatically exchange Ethereum for a token that is backed by a stable currency for those merchants that are worried about exchange fluctuations.
Third of all it is important to note that Bitcoin is never going to be implementing these changes. Look how hard it is for them to implement a blocksize increase. Changing the scripting language to Turing complete would be a far more controversial change. One that the miners will probably never agree to this. And also keep in mind that quick payments need either zero-confirmation transactions or fast blocktime.
So if Ethereum has the potential to implement the most convenient payment system imaginable but Bitcoin cannot then one can only conclude that Ethereum will win in the long run. Bitcoin will die like Myspace, and Ethereum will become the golden standard.
submitted by trrrrouble to ethereum [link] [comments]

How to follow, study and keep up to date with the Ethereum project. This info or link might help with newbies or people you would like to send info to regarding what ethereum is.

Iv been asked to put together some info / links on the Ethereum Project by a few people lately that iv met or talked to and since its Sunday and i got a half day from work here it is:
https://www.ethereum.org/ Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Ethereum Blog: https://blog.ethereum.org/
Note: This is not investment advise, This email is just to show you what Ethereum is, what these 1000's of computer scientists, developers, programmers and hackers are building. A whole new internet run from millions of peoples computers all over the world to create the "Ethereum Virtual Machine" or world computer that 7 Billion people can log onto at the same time. It is censorship resistant, encrypted and the Ethereum Blockchain can not be hacked. This is going to change the world as we know it.
There is a built in currency called "Ether" or "ETH" and can be purchased from any of many exchanges listed below.
Note 2: ETC or Ethereum Classic is a smaller blockchain project that also uses the EVM (Ethereum Virtual Machine) and id advise to stay away from that project, it has not got the 1000's of developers building it like ETH does, it apparently has one or 2 developers that went their own way, The EVM can also run private and consortium blockchains that alot of big and small companies are building on for their inhouse private operations. Like a Intranet (intranet is a private network that is contained within an enterprise)
Its very hard to understand at first what exactly blockchain is so here are some videos that i think explains it well:
BBC 2015 https://www.youtube.com/watch?v=0X33lgMbvdI
Ethereum: the World Computer https://www.youtube.com/watch?v=j23HnORQXvs
An Ethereum Interview Series // Teaser from the recent Devcon2 https://www.youtube.com/watch?v=gHseIdJ0SJU
What is Ethereum? https://www.youtube.com/watch?v=Clw-qf1sUZg&t=123s
ETHEREUM explained in 100 seconds. https://www.youtube.com/watch?v=eRDKP8nCVtU
Vitalik Buterin explains Ethereum https://www.youtube.com/watch?v=TDGq4aeevgY
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
https://www.youtube.com/watch?v=gjwr-7PgpN8
2016 China Devcon2: Ethereum in 25 Minutes https://www.youtube.com/watch?v=66SaEDzlmP4&t=1s
Joseph Lubin - The Basics of Blockchain and Etherum https://www.youtube.com/watch?v=0ilYnuP1qd4&t=50s
DEVCON1: Ethereum for Dummies - Dr. Gavin Wood https://www.youtube.com/watch?v=U_LK0t_qaPo
Blockchain is Eating Wall Street | Alex Tapscott | https://www.youtube.com/watch?v=WnEYakUxsHU
How the mysterious dark net is going mainstream https://www.youtube.com/watch?v=pzN4WGPC4kc&t=378s
The four pillars of a decentralized society | Johann Gevers https://www.youtube.com/watch?v=8oeiOeDq_Nc
Gavin Wood: Why is Blockchain a game changer? https://www.youtube.com/watch?v=ygZWhQXZtl4&t=188s
Brock Pierce: Blockchain technology https://www.youtube.com/watch?v=3lMvo0PPxjQ&t=619s
2014 Keiser Report: New Crypto Phenomenon Ethereum https://www.youtube.com/watch?v=hdAnyC45ZbU (starts at about 12 mins)
Devcon2 Videos from 2016 https://www.youtube.com/channel/UCNOfzGXD_C9YMYmnefmPH0g/videos
Devcon1 and other Ethereum Videos from 2014 & 15 https://www.youtube.com/useethereumproject/videos
Soundcloud: (these are great with Arthur speaking directly to Developers that are building on Ethereum)
The Ether Review - Arthur Falls https://soundcloud.com/arthurfalls
ConsenSys Media - Arthur Falls https://soundcloud.com/consensys
Evan Van Ness sends out "The week in Ethereum" latest here: http://www.weekinethereum.com/
Id highly recommend subscribing to his news letter here http://evanvanness.us14.list-manage1.com/subscribe?u=4c6ec57a148e890524b6ac91f&id=7061f7fa65
Ethereum Rules and Getting Started Guide https://www.reddit.com/ethereum/comments/4ws9um/rethereum_rules_and_getting_started_guide/
Reddit:
https://www.reddit.com/ethereum/new/ News, development and everything apart from price. Most news about Ethereum can be found here daily
https://www.reddit.com/ethtradenew/ price and trading discussions
Ethereum News commentators i watch:
Crypt0 https://www.youtube.com/useobham001/videos
Mr Yukon C https://www.youtube.com/channel/UClfAgeZvfwC9hcJrFisW8cQ/videos
Ethereum people to follow on twitter to get linked and fed important blockchain info:
@SingularDTV @golemproject @ethcoreproject @MrYukonC @EthereumCanada @ConsenSysLLC @R3CEV @DigixGlobal @AugurProject @NickSzabo4 @ethereumJoseph @Gatecoin @aantonop @BobSummerwill @GeorgeAHallam @el33th4xor @awrelllRo @mingchan88 @peter_szilagyi @koeppelmann @LefterisJP @stephantual @wmougayar @jeffehh @TaylorGerring @avsa (there is plenty more i just don't have them on my twitter yet)
To run a node from your computer you can download the "Ethereum Wallet" here: https://github.com/ethereum/mist/releases
Instructions:
How to Install the Ethereum Wallet https://www.youtube.com/watch?v=Y3JfLgjqNU4&t=7s
How to Back up and load the Ethereum Wallet https://www.youtube.com/watch?v=CZ8ZCtbxD0M&t=2s
How To Watch Tokens and Other Smart Contracts with the Ethereum Wallet https://www.youtube.com/watch?v=V_KJ84jkPi8
Ethereum and other blockchain project prices http://coinmarketcap.com/
There are many exchanges that trade Ether around the world http://coinmarketcap.com/currencies/ethereum/#markets
Some ones i have used are: www.kraken.com Accepts Euro, Dollar, GBP etc.. by SEPA or international bank transfer and you can buy Ether
www.poloniex.com (does not accept fiat but it is the largest volume for trading crypto pairs, I have used www.bitstamp.net in the UK to buy Bitcoin and then send them to Poloniex to swap for Ether )
www.yunbi.com A very good exchange based in China and have listed a few ethereum tokens, you need to swap through CNY (Chinese Yuan) but its easy and very good support.
www.bittrex.com No Fiat but also lists some Ethereum Based tokens
www.gatecoin.com Based in Hong Kong and you can send Euro and Dollar, Also lists alot of Ethereum Based tokens, Volume is very low at the moment as they recover from a hack but they offer very good support.
The safest place to store you Ether is on a hardware wallet like this one https://www.ledgerwallet.com/products/12-ledger-nano-s.
You can also store all you Ethereum based tokens or shares on this device https://ledger.groovehq.com/knowledge_base/topics/how-to-secure-your-eth-tokens-augur-rep-dot-dot-dot-with-your-nano-s
The way "I view" the incentive to keep Ether (ETH) is the following and the reason i think it will go up in value is because of "The velocity of Ether moving through the Ethereum economy (Platform)". So the more Ether is used the higher the price will get and in a number of years will see us move down to the lower units finney, szabo, shannon, babbage, lovelace, and wei as the digital economy grows. Ether has 18 decimal places 1,000,000,000,000,000,000. Because after POS Ether total supply will be set at approx. 100 Million with a small inflation of 1 to 3% that pays the computers running it.
So ether will be more like the reserve currency and trade currency between all the other currencies, contracts and Dapps interacting in the Ethereum digital economy. But its main function is like a gas to run the network. Every transaction you have to pay a tiny amount to the network that goes to all the computers running the network. less than 1 penny.
Ethereum Based Tokens / Synthetic assets (What is a Synthetic Asset https://www.youtube.com/watch?v=St9DBpNBP1Q)
On coinmarketcap.com you can see there are 642 other Blockchain projects listed and some like Bitcoin are 8 years old. 90%+ of these projects are junk projects developed by 1 or 2 people and are just copies of Bitcoin. Some have added extra functions over Bitcoin and Bitcoin is a very secure but slow payment DAPP but cant do much else besides payments.
Ethereum was built from scratch and is built like lets say "android or a smart phone" so that DAPPS can be plugged in as you should have heard from the above videos. So there are now a good few DAPPS that are nearly completion that were built on the ethereum blockchain by different groups of developers. There are alot more but 328 are listed here: http://dapps.ethercasts.com/. So there is not just 643 blockchain projects there are over 1000 but all the ones on Ethereum can communicate or interoperate with eachother. Some notable ones you can see listed on coinmarketcap are Augur, Iconomi, DigixDAO, Golem, SingularDTV etc..... All these because they are built on the Ethereum blockchain can interact with eachother but the other 600+ blockchains can not. This is what makes Ethereum different from the rest.
As DigixDAO is the one i have studied most ill give an example of a DAPP thats built on Ethereum and why a DAPP would be usefull
In industry most work is automated, the operators no longer have to take process samples manually and send to the lab or go and top up a tank manually with certain additives, This is all done by automation, When the process is at a certain temperate, level, viscosity etc.. the instrumentation measures this and adds or pumps the necessary ingredients / additives to make sure the final product is made correctly. This automation has saved alot of costs and manual labour in industry.
What Digix / blockchain is doing is automating alot of the back office paperwork, accounting, agreements etc... Example: company that owns a gold vault (Like Silver Bullion) have employees handling paperwork / sales etc and when people sell and buy gold it changes hands or changes registered ownership and the employees have to manually do this paperwork. What Digix provides is automated software that does all this automatically in 14 seconds. For billing / storage if you have gold stored in the vault you pay about 1% a year so you know if you have $10,000 worth of gold then you need to pay about $100 a year which you pay by topping up your gold (DGX) by $100 and its taken out automatically each day by a tiny tiny amount.
The good thing is that if you have Gold Tokens as your savings instead of Fiat and you need to borrow $ short term you can borrow $ by agreeing to lock your Gold Tokens in a smart contract in the software and pay interest for that loan. If you pay back the loan over 3 months then the gold tokens are automatically returned to your address and you havent missed a gold rally or a Fiat devaluation. If you dont pay it back then the person who lent you the $ gets all your gold (or the % not paid) Again this process is automated in a smart contract and the bullion employee didnt have to settle all the paperwork, transfers of gold or get contracts and agreements signed by both parties, This is done by digital signature / agreements and saves the Vault operator alot of costs.
The vault operator can also earn a bit of the loans interest and $ can be provided by them or even 3rd parties. Using the Ethereum blockchain this can be done for lots of different industries from banking, stocks, insurance, gambling, pritty much everywhere
Other non Ethereum related Youtube people i follow, mainly Economics, Geo-politics, Gold / Silver etc.... These people give some very good info that you wont get from the big media companies or state media. Maybe this will help you understand why you should not keep 100% of your wealth in $ and maybe a few % is worth keeping in Crypto or ever Gold Physical or easier DGX (DigixDAO) or DGD.
Greg Hunter https://www.youtube.com/useusawatchdog/videos
Gerald Celente Trends in the News https://www.youtube.com/usegcelente/videos
Gregory Mannarino https://www.youtube.com/useGregVegas5909/videos
Realist News Jsnip4 https://www.youtube.com/usejsnip4/videos
SGT Report https://www.youtube.com/useSGTbull07/videos
Stefan molyneux https://www.youtube.com/usestefbot/videos
X22 Report https://www.youtube.com/useX22Report/videos
Clif High https://www.youtube.com/results?search_query=clif+high
Noem Chomsky https://www.youtube.com/results?search_query=noem+chomsky
Health
Dr John Bergman https://www.youtube.com/usejohnbchiro/videos
Nutrition Facts Org https://www.youtube.com/useNutritionFactsOrg/videos
Any questions just ask
submitted by TonyMcCarp to Futurology [link] [comments]

Anybody else get this from /u/ravenatsu?

A message from ravenatsu:
I am sending you this message because the crypto community is too heavily censored, please read carefully.
The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that. The real power in the bitcoin world is helt by the miners, as long as the mining process is properly decentralized bitcoin will be decentralized. But real world competition caused many cracks to appear in this model, the first flaws that appeared were pooled mining (centralizing power with mining operators), then came ASICs (Centralizing power with mining operators with good industry connections), then came cheap electricity + latency issues (Centralizing power with mining pools with access to cheap electicity and low latency to others big mining pools). These pressures has essentially caused mining to be centalized mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency to other chinese mining pools (and high latency to the rest of the world).
One important thing to keep in mind is that bitcoin itself can evade capital controls and move seamlessly accross borders. But mining equipment cannot. It would be easy to confiscate all mining equipment in the country and use it to destroy bitcoin.
So what is the solution to this problem? Proof of stake is the solution because it removed the physical element and allows network voting power to move seamlessly accross borders too. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues.
The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen.
If you are willing to open your mind and learn about how Ethereum will beat bitcoin by being far superior to bitcoin watch the videos of Devcon1
Bitcoin is doomed and Ethereum will replace it.
submitted by Heywood12 to Buttcoin [link] [comments]

Anyone else getting random messages from /u/corineuspili saying BTC is dead, go with Ethereum?

I just got this message from a random user about how BitCoin is too heavily censored and we need to use Ethereum instead. Anyone else getting this spam?
Hello from corineuspili I am sending you this message because the crypto community is too heavily censored, please read carefully. The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that. The real power in the bitcoin world is helt by the miners, as long as the mining process is properly decentralized bitcoin will be decentralized. But real world competition caused many cracks to appear in this model, the first flaws that appeared were pooled mining (centralizing power with mining operators), then came ASICs (Centralizing power with mining operators with good industry connections), then came cheap electricity + latency issues (Centralizing power with mining pools with access to cheap electicity and low latency to others big mining pools). These pressures has essentially caused mining to be centalized mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency to other chinese mining pools (and high latency to the rest of the world). One important thing to keep in mind is that bitcoin itself can evade capital controls and move seamlessly accross borders. But mining equipment cannot. It would be easy to confiscate all mining equipment in the country and use it to destroy bitcoin. So what is the solution to this problem? Proof of stake is the solution because it removed the physical element and allows network voting power to move seamlessly accross borders too. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues. The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen. If you are willing to open your mind and learn about how Ethereum will beat bitcoin by being far superior to bitcoin watch the videos of Devcon1 Bitcoin is doomed and Ethereum will replace it. 
submitted by robi2106 to bitcoinxt [link] [comments]

"Compositionality is the key to scaling": A one-page spec (just 5 lines!) of a "concurrent, distributed, metered virtual machine ... into which you can write a correct-by-construction implementation of a scalable proof-of-stake protocol" - which is not only provably correct, but also self-bootable!

DEVCON1: Monadic Design Patterns for the Blockchain - Lucius Greg Meredith
(19 minutes total - but the link below starts towards the end, on the slide quoted in the OP):
https://youtu.be/uzahKc_ukfM?t=1041
By the way, this kind of deep philosophical mathematical beauty has always been what I've tried to take as inspiration to inform and motivate the opinions and exhortations which I've been posting on these forums, where I tend to say things like:
I think the best way forward for Bitcoin should involve everyone working together to try to to create a kind of "ultra / meta Schelling point":
... in other words, a kind of hard fork which would be so "obviously optimal" that everyone would automatically want it;
... in other words: a hard fork with enough flexibility and on-chain governance "baked in" so that it would minimize / obviate the need for most future hard forks;
... in other words, the Bitcoin we were promised, governed by mathematics and markets - not the Bitcoin we have now, governed by Greg Maxwell.
What properties would make a hard fork "so obviously optimal that everyone would automatically want it"?
(1) An "obviously optimal" hard fork should of course conserve the wisdom of everyone's past Bitcoin investment decisions - and allow everyone to continue to do our Bitcoin transacting directly on the blockchain:
(2) An "obviously optimal" hard fork should liberate the wisdom of everyone's future Bitcoin governance decisions - and allow everyone from now on to do Bitcoin governing also directly on the blockchain.
Requirement (1) is almost trivial to implement (ie, just use a spinoff).
Requirement (2) is more difficult - but there is one smart guy already working on "a self-amending cryptoledger":
https://tezos.com/white_paper.pdf
EB136 – Arthur Breitman: Tezos - A Self-Amending Crypto-Ledger
https://www.youtube.com/watch?v=3mgaDpuMSc0
The approach of this innovative independent dev hits the sweet spot between theory and practice (eg, he's writing in Ocaml, which provides a nice combination of high-level reasoning and provable correctness along with low-level efficiency and control comparable to C++ - ie Ocaml programs can be extracted from the Coq theorem prover, but Ocaml also compiles to efficient executables, runing about 1/3 the speed of C++ - which is not bad in a realm where things are measured by orders of magnitude ie factors of 10 - and plus, there is an excellent (monadic!) foreign function interface from Ocaml to C, for any low-level CPU-intensive number-crunching stuff).
So, I guess in a way we do have decentralization of development - but it kinda sucks for Bitcoin users, because:
The really advanced and visionary devs aren't working for Core/Blockstream - and many of them aren't even working on Bitcoin.
Really smart devs would not only be constitutionally incapable of working "under" a petty semi-informed tyrant like nullc - they're actually so polite that they would never even think of interacting with someone like him: he's just someone they instinctively ignore, because they can immediately recognize that:
Greg Maxwell is just another procedural C++ programmer who can't even begin to imagine what massive and provably correct scaling would look like on a globally distributed network.
So remember, when Greg Maxwell tells you "Bitcoin can't scale" - all he's really saying is: "I don't know how to make Bitcoin scale."
Other programmers will figure out elegant, compact, natural, provably correct ways of allowing Bitcoin to massive and safely and naturally scale - while the only thing which the poor benighted devs at Core/Blockstream seem to be capable of doing is addng hack on top of hack - eg the so-called Lighting Network.
This is why Core/Blockstream is the epitome of the "worse is better" philosphy in computing. They release crap that hurts users and helps their corporate owners.
One thing we can consider doing now is to try to be more welcoming and encouraging towards ambitious, visionary, talented devs who want to contribute to Bitcoin.
But as long as Bitcoin is defined as "a bunch of C++ spaghetti code maintained by insecure mediocre devs who are afraid of innovation", this cannot happen.
So those are some of the reasons why I basically think that a guy like nullc is just a "big fish in a small pond" - in other words, he's basically a bully.
As a C++ programmer who knows a bit of crypto and networking and game theory, he's able to lord it over certain programmers who, like him, are trapped in the sequential, procedural paradigm (which is most of the devs at Core/Blockstream) - and he's able to lord it over certain Chinese miners, and over certain people on these forums.
Meanwhile, if you look at the calibre of programmers who are flocking to Ethereum (and I don't mean Gavin Wood who write the Rube Goldberg Contraption yellow paper for the EVM, or the guys at slock.it who wrote the DAO - I mean guys like Lucius Meredith in the video linked at the start of this post, or Arthur Breitman linked further down), you will see that there are highly talented devs out there with a much deeper understanding of mathematics and provably-safe distributed programming than the tunnel-vision devs at Blockstream/Core.
The visionary devs know that the future of cryptocurrency won't be based on a yellow paper full of arbitrary confusing design "decisions". (Instead, it will flow naturally from mathematics.)
And they know the future of cryptocurrency based on some unsafe spaghetti code like what Core/Blockstream has been turning Bitcoin's main.cpp into. (Instead, it will be provably correct.)
And they know that long-term successful governance will not come from people on forums and IRC and mailing lists. It will come from self-adapting rulesets where the users (the market) can directly vote on the blockchain to form consensus - about the next block to append, and the next ruleset to adopt.
The cryptocurrency that massively scales will be based on four or five lines of (functional, indeed monadic) code (as shown in the video at the top of this OP), code which reflects the fractal beauty and grandeur of nature and the universe, code which can be proven correct in yet another mere half-page of code, reflective code which can self-boot into existence and self-amend into ongoing evolution and improvement.
An interesting sociological / psychological point to notice in this regard is the authoritarian and anthropocentric mindset of Core/Blockstream devs - eg a sickly person like Luke-Jr who does not believe in - nor even indeed understand - this kind of immanence described above (in the French sense, not the English sense) - since, as we know, he unfortunately has never personally experienced such a wondrous thing.
So, on the one hand, we have:
  • the spaghetti code that Bitcoin's main.cpp is turning into under Core/Blockstream's stewardship (and it will only get worse with their insistence on "soft forks" as a way to upgrade)
  • a bully like nullc beating everyone over the head saying "Bitcoin can't scale!"
  • a dictator like theymos who thinks that "Bitcoin users can't make their own decisions!"
  • the other sort of pessimistic authority-worshiping types associated with Core/Blockstream - people who are trapped in a narrow benighted world-view where they are blind to how nature and mathematics self-boots its own existence and self-amends its own evolution - and massively, fractally, safely scales.
And yes, these personality deficiencies are typical of C++ programmers in particular.
The kind of mindset attracted to a low-level imperative language where you can only write implementations and never specifications, where you work so close to the machine that you are needlessly driven to distraction by the need to keep track of pointers and allocate and de-allocate memory lest the whole machine crash, where you can only "test" that your program is probably correct in most cases, and can never prove that it is definitely correct in all cases: these are the kinds of devs who fit in at Blockstream/Core.
Meanwhile, elsewhere, we have guys in the video above - a brilliant mathematician and programmer who is still down-to-earth enough to convey a sense of the fractal beauty and scaling of nature and the universe when he mentions a child comparing a leaf to a tree - showing examples of "monadic design patterns for the blockchain" using a declarative, functional, provably correct language, talking about a "concurrent, distributed, metered virtual machine ... into which you can write a correct-by-construction implementatinon of a scalable proof-of-stake protocol" - which is not only provably correct, but also self-bootable, and can easily be made self-amending, due to the power of reflection, which is barely possible in a
Remember, "self-amending" = hardly any need to hard fork in the future, avoiding wasting your life on forums arguing with people.
"Self-amending" means the Bitcoin we were promised: governed by mathematics and not men (like Mr. Maxwell).
Just fire up your Bitcoin client, and vote for the rules you want. Bitcoin Unlimited is a promising first step in this direction.
It is becoming apparent that Core/Blockstream devs are losers who have painted themselves into a corner, and who lack the mathematical imagination to be able to find their way out.
Core/Blockstream devs are so lost that they can't even see that a modest additional amount of parameterization, allowing simple direct signaling of voting on rules (eg, Bitcoin Unlimited) would be a big advance over these past few years of endless bikeshedding and acrimonious debates over whether we should change a 1 to a 2 or maybe a 4 - and they're so ungracious that they can't even acknowledge that Xthin is a great scaling technology (they have to repackage it under their own name of Compact Blocks).
In order for Bitcoin to succeed, we must free ourselves from these pessimistic mediocre procedural programmers at Blockstream/Core with their superficial understanding of mathematics and scaling, and welcome open-minded visionary functional programmers who understand that "Compositionality (not spaghetti code like Core/Blockstream's main.cpp and hacks like Lightning Network) is the key to scaling", and who have a deep understanding of design patterns for naturally scalable, provably-correct, self-booting and self-amending distributed systems.
submitted by ydtm to btc [link] [comments]

Weekly Action Step: Make a point to welcome the newcomers!

When I first learned about bitcoin back in the spring of 2013, I immediately thought: "This is amazing...but how can I help? What can I do?"
Like some of you, my lack of a computer science knowledge did not temper my enthusiasm regarding the cryptocurrency space, but I quickly found that it did limit by ability to contribute. Which makes sense. I wouldn't expect to walk into an artificial intelligence lab and build a robot, or to play a video game and then build the sequel, but I still found it difficult to be so invested - both financially and metaphorically - in bitcoin while being regulated to sidelines. It didn't take long to resent my role as an observer, and to grow increasingly frustrated as the fraud, corruption, cynicism and discord in bitcoin continued to grow.
Enter ethereum.
When I first read about the pre-sale, I was skeptical. Too skeptical to invest. So I watched. And waited. And read the blogs. And watched the videos. When Frontier was released, I bought a small amount and promptly panic sold. Then I waited some more. And bought some more. It was at one point in the middle of DevCon1 when things finally started to click, and I realized that the low-ego, optimistic nature of the developers and larger community would be the crux of why this project would be so successful. I also realized that ethereum was turning into what I had wanted bitcoin to be all along.
Instead of selfishness, I found compromise. Instead of greed-inspired development, I found innovation inspired by social responsibility. Instead of a community brainwashed by cynicism and arrogance, I found a community inspired by trust and faith and optimism. A large part of this stems from the ethereum developers, but I also think we picked up a large number of the bitcoin community members who had said, "enough with this" a long time ago.
Now it's not all roses and cupcakes and rainbows, but there is a chance here to do something really special. So to all those non-developers who are looking to get more involved this time around, I propose an easy action step for this week:
Welcome the newcomers.
Whether they are bitcoin refugees or people new to the crypto space entirely, take the time to respond to posts. Welcome them to the subreddit. Tell them what excites you most about ethereum. If you understand the technology, pretend that you are explaining everything to a 30 year old who understands excel but doesn't know what a command line is. Don't get frustrated if they ask the same exact thing that was asked yesterday, just point them in the right direction. Avoid sarcasm at all costs! Most importantly, answer any questions you are able to answer, and if you can't, ask yourself why.
I hope to present weekly action steps for non-developers in the future, and I'm sure they will grow in complexity as ethereum, and our understanding of ethereum, becomes more sophisticated. Personally, I'm taking this opportunity to teach myself computer programming from scratch, and I'm following the amazing work Alex has done with the hopes of writing smart contracts in the near future. I hope I'm not alone.
But for now - as we move from a week that saw thousands of new wallets created and hundreds of new subscribers visiting this subreddit - all you need to do is to welcome those new to ethereum. It's a small gesture that will go a long way in building the crypto community we all desire.
submitted by SonofPegasus to ethereum [link] [comments]

/r/Ethereum Rules and Getting Started Guide

Getting Started Guide

What is Ethereum?

Ethereum is a cutting edge blockchain-based distributed computing platform, featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), that can execute peer-to-peer contracts using a cryptocurrency called ether.

Where do I start?

Devcon Videos

 

Rules

Below are the rules that Reddit users on /Ethereum must follow to participate. These can be used as reasons to remove posts/comments and ban users.
 

Golden Rule

Applies to: Posts & Comments
You are expected to treat everyone with a certain level of respect and refrain from inappropriate behavior.
Examples of inappropriate behavior include:
  • Personal insults
  • Threats of violence or attempts to organize attacks
  • Slurs of any kind
  • Posting people’s private information
If you can't play nice with others, you will not be allowed to post here.
 

Price and Market discussion

Applies to: Posts & Comments
Discussion related to the price of ether, trading, market speculation, or any other price/market talk should be posted on /ethtrader, a 3rd party subreddit not moderated by us.
 

Duplicate threads

Applies to: Posts & Comments
Duplicate threads may be deleted. It is up to the discretion of the mods.
 

No spamming or drive by posting

Applies to: Posts & Comments
Spamming will lead to post deletion and a possible ban. Posts created by accounts that self-delete immediately will be deleted right away- no 'drive by posting'.
 

Creating multiple accounts to get around Reddit or subreddit rules is not allowed and will likely result in a permaban

Applies to: Posts & Comments
 

Misleading titles

Applies to: Posts & Comments
Posts with purposely misleading or unsubstantiated titles will be removed.
 

Karma & age requirements for posting submissions

Applies to: Posts and comments
All post submissions should be made from accounts at least 7 days old with a minimum of 5 comment karma. This is to keep trolls and spambots to a minimum. Exceptions may be made on a discretionary basis, message the mods for more information.

Moderation philosophy

/Ethereum is a place for the open discussion about the Ethereum software, protocol, distributed applications, and related technologies. As moderators, we are here to make sure the discussion stays civil and productive. We will not censor posts based on personal ideology and welcome constructive discourse.

What we ask of our users

  • Please utilize the upvote and downvote buttons. This is a built in moderation tool that is very powerful.
  • If you submit a report about a post or comment, please provide as much detail as possible to help us more quickly sort through our reported posts/comments.
  • Please don’t report posts or comments you disagree with, only about things that actually break the rules.
  • We welcome discussions about other cryptocurrencies and Ethereum implementations, but if the topic is already being extensively covered by other threads we kindly ask you to consider posting it to a more specific subreddit. You can check an extensive (but not comprehensive) list of ethereum-related subreddits on the "All Ethereum" multireddit.
submitted by Souptacular to ethereum [link] [comments]

Desperate and clumsy Ethereum pump spam

Anyone else getting these from fresh (1 hour - 1 day) accounts with no posts? I've got 3 messages across different accounts. Whis is what a Reddit equivalent of a Jehovah's Witness knocking on your door looks like.
The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that. The real power in the bitcoin world is helt by the miners, as long as the mining process is properly decentralized bitcoin will be decentralized. But real world competition caused many cracks to appear in this model, the first flaws that appeared were pooled mining (centralizing power with mining operators), then came ASICs (Centralizing power with mining operators with good industry connections), then came cheap electricity + latency issues (Centralizing power with mining pools with access to cheap electicity and low latency to others big mining pools). These pressures has essentially caused mining to be centalized mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency to other chinese mining pools (and high latency to the rest of the world).
One important thing to keep in mind is that bitcoin itself can evade capital controls and move seamlessly accross borders. But mining equipment cannot. It would be easy to confiscate all mining equipment in the country and use it to destroy bitcoin.
So what is the solution to this problem? Proof of stake is the solution because it removed the physical element and allows network voting power to move seamlessly accross borders too. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues.
The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen.
If you are willing to open your mind and learn about how Ethereum will beat bitcoin by being far superior to bitcoin watch the videos of Devcon1
Bitcoin is doomed and Ethereum will replace it.
The second variant of spam is the above wall of text plus this new wall of text:
Obviously most people involved in Ethereum are aware of this. But for most other people it is not so obvious. But it is hard to convince the masses because they are not reading enough information about Ethereum, either because of censorship in subs or because of denial.
Therefore I think it is the mission of each of us to get the word out. Only by saying it often and giving clear examples we can teach the masses what we already know. Try to reach at least on uninformed person every day. (If you lack ideas, just post the link to this post in different reddit subs with target audience). First of all it is important to remind people that Bitcoin was also once small, and that people also did not believe in Bitcoin because they couldn't imagine what benefit it would give over conventional payment systems. That perception changed dramatically for bitcoin and the same will happen to Ethereum. It is important to emphasise this because people often use the psychological principle of Social Proof to make decisions in unknown situations, this is currently working against Ethereum, the underlying reasoning is, "If Ethereum is so great why is it so cheap?", "If Ethereum is so great why is everyone talking about Bitcoin?", "If Ethereum is so great, why are the smart people X, Y and Z not invested in it?".
Second of all it is important to emphasise that not only is Ethereum a crypto that offers a whole new concept of the decentralized web, it is also better than Bitcoin at being a currency for payments. This is easy to show by explaining a real world scenario. Imagine the perfect crypto currency, obviously it should be possible to re-implement the most convenient payment systems used today using that crypto currency, and doing so in a decentralized way, with no added fees or middle man. It should be able to behave very much like cash in being able to spend it quick and easy. The most similar electronic product that offers this is the anonymous tap to pay, prepaid payment card. It is easy, it is anonymous, it wont be hacked like phones, it has the ability to limit exposure to compromise by having limited balance that automatically recharged and the end of the day. Implementing this in Bitcoin would not be possible because the small chip in the card is not connected to the internet, and sharing your private key is a security hazard. But what if your wallet/contract could use asymmetric encryption to accept a different secret payment key on every payment. This way it is possible to implement the payment with a touch to pay card in a secure way. In Ethereum it is also possible to program a contract to recharge a wallet at the end of every day for added security, It is also possible to automatically exchange Ethereum for a token that is backed by a stable currency for those merchants that are worried about exchange fluctuations.
Third of all it is important to note that Bitcoin is never going to be implementing these changes. Look how hard it is for them to implement a blocksize increase. Changing the scripting language to Turing complete would be a far more controversial change. One that the miners will probably never agree to this. And also keep in mind that quick payments need either zero-confirmation transactions or fast blocktime.
So if Ethereum has the potential to implement the most convenient payment system imaginable but Bitcoin cannot then one can only conclude that Ethereum will win in the long run. Bitcoin will die like Myspace, and Ethereum will become the golden standard.
Another one has a very simple form
Hello, I saw your post the bitcoin reddit, what is your opinion on
https://www.reddit.com/ethereum/comments/40in7i/the_ugly_truth_bitcoin_is_doomed_and_needs_to_be/
The linked thread indicates they have like dozens of accounts to just send creepy PMs to people, which is the saddest pump I've seen so far.
submitted by federal_reserve_cock to Buttcoin [link] [comments]

"I am sending you this message because the crypto community is too heavily censored"

Three hours ago I got this message from 'joharahariman':
Hello
von joharahariman gesendet vor 3 Stunden
I am sending you this message because the crypto community is too heavily censored, please read carefully.
The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that. The real power in the bitcoin world is helt by the miners, as long as the mining process is properly decentralized bitcoin will be decentralized. But real world competition caused many cracks to appear in this model, the first flaws that appeared were pooled mining (centralizing power with mining operators), then came ASICs (Centralizing power with mining operators with good industry connections), then came cheap electricity + latency issues (Centralizing power with mining pools with access to cheap electicity and low latency to others big mining pools). These pressures has essentially caused mining to be centalized mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency to other chinese mining pools (and high latency to the rest of the world).
One important thing to keep in mind is that bitcoin itself can evade capital controls and move seamlessly accross borders. But mining equipment cannot. It would be easy to confiscate all mining equipment in the country and use it to destroy bitcoin.
So what is the solution to this problem? Proof of stake is the solution because it removed the physical element and allows network voting power to move seamlessly accross borders too. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues.
The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen.
If you are willing to open your mind and learn about how Ethereum will beat bitcoin by being far superior to bitcoin watch the videos of Devcon1
Bitcoin is doomed and Ethereum will replace it.
Obviously I will not be the only one who has gotten that message. Why does joharahariman not publish his opinion somewhere where he does not spam my postbox?
submitted by Dworfix to btc [link] [comments]

Ethereum - YouTube VITALIK’S *NEW IDEA* FOR ETHEREUM? DEVCON1: Keynote and Ethereum roadmap ethereum - YouTube

DEVCON1 10:45am Day 5 Ethereum’s CTO Dr. Gavin Wood presents “Ethereum for Dummies” or “So, now we’ve built it, WTF is it?” (Visited 16 times, 1 visits today) DEVCON1 10:45am Day 5 Ethereum's CTO Dr. Gavin Wood presents Ethereum for Dummies or So, now we've built it, WTF is it? Source:... I made overview of the devcon1 presentations, their presenters and slides (where available) and the Epicenter Bitcoin interviews. For more up to date Ethereum news follow us on Twitter or Facebook. Some of the presentations aren’t online yet, so they would still link to right the time in the whole day videos, which got removed in the meantime. The Devcon Archive serves as a collection of videos of keynotes, workshops, and other experiences available in one place. The Devcon Archive serves as a collection of videos of keynotes, workshops, and other experiences available in one place Ethereum roadmap 2020 Say Hello and Opening Ceremony. Open Community Discussion. Ethereum roadmap DEVCON1: Understanding the Ethereum Blockchain Protocol – Vitalik Buterin DEVCON1: Ethereum for Dummies – Dr. Gavin Wood Mining Rig Build (Easy) Start to Finish with Tips

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Ethereum - YouTube

Rating is available when the video has been rented. This feature is not available right now. Please try again later. ... DEVCON1: Ethereum for Dummies - Dr. Gavin Wood - Duration: 23:52. Ethereum ... DEVCON1: Dangerous Old Men: Cypherpunk's Failure, Ethereum's Success - Vinay Gupta feat. Imogen Heap - Duration: 49 minutes. DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin - Duration: 38:18. Ethereum 138,795 views. 38:18. Ethereum's Roadmap - Hudson Jameson at Construct 2017 Conference ... DEVCON1: Ethereum The African Opportunity - Wayne Hennessy-Barrett by Ethereum. 13:10. DEVCON1: Prediction Markets Panel by Ethereum. 29:57. DEVCON1: IBM MTN Project - Henning Diedrich DEVCON1: Ethereum for Dummies - Dr. Gavin Wood by Ethereum. 23:52. DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin by Ethereum. 38:18. Language: English