It Looks Like Ethereum Is Going to Fork Again
coindesk.com
coindesk.com
This time around it's mainly repricing opcodes that were cheap enough to effectively spam the network with.
Why are people entrusting money to this?
The reality is that the system is broken. If Ethereum wanted to add a management and regulation process into the system they should have done so explicitly, from the start. Instead they've used these forks to massage the core problem: which is that relying utterly on code as a binding contract is unworkable. It's not going to stop.
> If Ethereum wanted to add a management and regulation process into the system
> they should have done so explicitly, from the start.
From TFA:
".. hard forks are arguably part of ethereum's DNA, as many in its community view the action as a way to upgrade the software in a way that supports its larger goals.
"The ethereum project always stated that it will hard fork often to progress the technology," Heiko Hees, a developer working on ethereum's Raiden Network, explained."
I used to be paid by wire transfers, but it's faster this way and less fees (especially the currency exchange ones).
Some few companies also have rebates if you pay with bitcoins so that's a nice plus. But it really is refreshing and interesting how free you feel in a sense.
Usually when I hear the dollar is down its cents on the dollar over weeks but what I hear about Bitcoin sounds more like a stock market, with sudden crashes and rallies
I live in Finland, which uses the Euro currency, but I get paid in British pounds sterling. The recent rate crash directly impacts me - when I get paid at the end of the month I literally receive less salary.
(Exactly the same as the poster above, getting paid in Bitcoin if the rates fall.)
(the site isn't necessary, but quite convenient unless you do it very frequently)
Compare that to going to a notary or something..
Bitcoin timestamping can be a lot more convenient and efficient than that site, and totally free too.
True, but misleading. That multi-hour outage was due to a subtle db library issue.
This is much more like writing software then trying to secure it later when you discover people are exposing it to the internet :(
That said, I was somewhat horrified to see something as large as the DAO launch on an alpha platform, and not surprised to see it tank. Maybe Ethereum core developers in unofficial channels were more cavalier about its current state, but as a casual follower who read their blog for a while, I never got the impression presented in your comment.