Viewing profile — AroundTheBlock_

It doesn't. His example is nonsensical. The best use cases for smart contracts are gambling apps (i.e., financial markets, exchanges), escrow services (collateral-based trustless l…

Actually, 51% of miners can't cause a hard fork (which TheDAO was).

I mean the notion of "exactly" is nonsensical in so many ways, especially when it comes to thinly traded exchanges. I can sell $1 to my friend for $1.10 break the US dollar. Lol.

MakerDAO just launched their token based product, and it's an insanely powerful app, and I use it regularly.

Ok sure, connect to another node. But a light client is its own node.

No true light client exists. SPV is different. See here a Core dev talking about it. https://www.reddit.com/r/Bitcoin/comments/53bfj6/will_there_... Even your own links says "A Bit…

It is very complex, but also very, very early. No one is pretending that any of this is production ready or user friendly. These are just glimpses into what is being worked on for …

No, they're not using the Light Client yet for that very reason, but easily could in the future. But in any case, no crypto wallets are light clients. All Bitcoin wallets, for exam…

Yep, TheDAO fork represents one of the best things about the community, which is a)ability to make rapid, high pressure decisions, yet still offer fair choice to everyone. People f…

Yep we seriously believe it. It's no more crazy than using crypto for actual money.

Except ETC is hard forking in a few months to change their coin issuance for no reason other than to make their own pockets richer.

Because it's not immediately clear, this is a project developed by Coinbase, but under its own brand. The demo, which is available on the Apple Store and Google Play store uses Tes…

>The analogy to the legal system is that mob rule supersedes (digital) contract law and property rights. That's basically true. I don't dispute that. That's basically how Bitcoin w…

My attitude is neutral. I'm not here to endear anyone. I have zero desire to influence you nor anyone else to purchase and/or use Ethereum. My only purpose is to clear up misconcep…

"What's to prevent a similar situation in the future and why should anyone believe that to hold?" Ask yourself if this was a centralized hard fork ordered by up high, or as users w…

Great, dont use it. Clearly, others don't share your perspective. That's the beauty of decentralized systems. No one is forcing you to use Ethereum or Bitcoin or anything. But your…

I'll get the dumb stuff out of the way. No, the hard fork for TheDAO did not sacrifice our principles. No it wasn't a centralized bailout. Yes, there were SOME shady things that we…

People aren't going to magically sell Eth and buy Bitcoin just because you're spamming the Hacker News thread, Chris.

You're wasting your time. He's Bitcoin's biggest troll.

Chris DeRose, you have no power here. https://www.youtube.com/watch?v=fBGWtVOKTkM

TheDAO is an example of a mistake on the path towards building something better/safer. You don't think airbags have ever killed people? Faulty seatbelts? Did Tesla abandon auto-pil…

Why is it so hard to understand that there will be no magic machine that will fly into space and put satellites that will relay our messages to one another...oh wait...

That is incorrect. The Mist browser forces you to select a choice upon startup. There was no default. Mist is the most popular client.