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Ethereum

ethereum.org

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21–30 of 64 posts

Re: Ethereum

#21

Post by drpancake »

milesf wrote: post #11

Spend 30 seconds on the site. Didn't get it. Move on. If this is important, it will appear again on (HN|Reddit|etc) for me to take a closer look. Oh, and 30 seconds is a looooong time to spend on a site. I would guess people spend no more than 5 to 10 seconds on a site before they decide to investigate further or move on.

Agree with you that it's not clear for newcomers.

I'm not affiliated, but basically Ethereum is an alternative cryptocurrency (or alt-coin) to Bitcoin with it's own separate mining algorithm and blockchain. The really interesting part is that it comes with a Python-like Turing-complete language, such that you can embed small scripts into transactions to define smart contracts.

This theoretically allows you to implement all kinds of applications in a distributed way with no central trusted authority. For example: DNS resolution, options, betting, distributed exchanges.

Re: Ethereum

#22

Post by comatose_kid »

iancarroll wrote: post #15
milesf wrote: post #11

Spend 30 seconds on the site. Didn't get it. Move on. If this is important, it will appear again on (HN|Reddit|etc) for me to take a closer look. Oh, and 30 seconds is a looooong time to spend on a site. I would guess people spend no more than 5 to 10 seconds on a site before they decide to investigate further or move on.

You couldn't take a minute to actually read it over? It's not hard to understand. If you don't want to give new ideas the time of day, don't click on it; and especially don't waste your precious time on commenting about it.

The parent comment is helpful. If it was my product, I would wAnt to know if I was losing people over messaging.

Re: Ethereum

#23

Post by [deleted] »

jonahx wrote: post #18
milesf wrote: post #11

Spend 30 seconds on the site. Didn't get it. Move on. If this is important, it will appear again on (HN|Reddit|etc) for me to take a closer look. Oh, and 30 seconds is a looooong time to spend on a site. I would guess people spend no more than 5 to 10 seconds on a site before they decide to investigate further or move on.

It's such a common paradox with technically gifted people: They spend so much time and energy on a product, but almost none thinking about how to present it clearly and succinctly to a complete outsider.

[deleted]

Re: Ethereum

#27

Post by rdtsc »

drpancake wrote: post #21
milesf wrote: post #11

Spend 30 seconds on the site. Didn't get it. Move on. If this is important, it will appear again on (HN|Reddit|etc) for me to take a closer look. Oh, and 30 seconds is a looooong time to spend on a site. I would guess people spend no more than 5 to 10 seconds on a site before they decide to investigate further or move on.

Agree with you that it's not clear for newcomers. I'm not affiliated, but basically Ethereum is an alternative cryptocurrency (or alt-coin) to Bitcoin with it's own separate mining algorithm and blockchain. The really interesting part is that it comes with a Python-like Turing-complete language, such that you can embed small scripts into transactions to define smart contracts. This theoretically allows you to impleme…

Hmm I thought it was a programming language for a distributed system.

Yeah I guess they need to do a better job on the presenting who/what/how

Re: Ethereum

#28

Post by Joeboy »

I'm kind of appalled by all the comments complaining that people don't understand Ethereum after spending a very short amount of time on the site. If you think it looks interesting, investigate further. If not, move on. Not being able to understand something after 30s doesn't mean that thing has no value.

Re: Ethereum

#29

Post by [deleted] »

rabbyte wrote: post #3
bsg75 wrote: post #2

Unfortunately the first thing I notice is the fancy animation at the top of the page stutters when loading, and causes my browser to use far more CPU than this type of page should.

Why is that unfortunate if you know it has nothing to do with what they're building?

[deleted]

Re: Ethereum

#30

Post by tlrobinson »

bengotow wrote: post #19

What lost me were the code examples for things like "name registration." Take this line for example: contract.storage[tx.data[0]] = tx.data[1] They could have at least used a named local variable for "tx.data[0]" to give some context. What the hell is this doing?

This is literally just storing a key/value pair in a map. i.e. Registering a name. It's not complicated, and that's the point (it takes a few lines of code to recreate "Namecoin" on Ethereum)
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