Ethereum. Worth the Hype.

Emberfire
Emberfire

Coworker told me it's the next Bitcoin.

Finance guy who knows nothing about it.

can somebody give me a quick rundown?

SniperGod
SniperGod

There is no non-speculative use case for ethereum. It is all speculation on the hope that we will find a use case that cannot be satisfied with basic bitcoin multisig.

BinaryMan
BinaryMan

The current token projects, these could be just as effective under bitcoin?

AwesomeTucker
AwesomeTucker

It's a kind of decentralized cloud computing platform.
It's neat but I don't think it currently does anything useful.

It's also currently the second-largest cryptocoin by market cap, so I wouldn't call it "the next Bitcoin" as much as "the second Bitcoin."

Ignoramus
Ignoramus

Something better will come.

Fuck ether in the ass

Nojokur
Nojokur

Counterparty. What non-speculative value is there to any token project?

Garbage Can Lid
Garbage Can Lid

Is there anything better?

Booteefool
Booteefool

Bitcoin

MPmaster
MPmaster

Do you think that could happen?

girlDog
girlDog

But Bitcoin is worth more than Gold? I want 20x my money for this

Firespawn
Firespawn

You're right you won't get rich quick. The universe doesn't owe you that. Good luck though.

SniperGod
SniperGod

Depends on the metric you're going for. If you want to get rich quick then bitcoin will not do that for you.

Stupidasole
Stupidasole

Not that it isn't still speculative, we're just further down the line now than 'can dapps', hopes of real world use cases have been met with ideas and work going into realistic projects, I'm just wondering if these would still be viable under bitcoin so I can better organize my bets.

Sharpcharm
Sharpcharm

Projects that can be distilled into multi-sig with an oracle can be implemented in bitcoin right now.

What realistic projects are you thinking of?

likme
likme

Listen up faggots, here's a quick rundown on Vitalik and Etherum:
Rothschilds bow to Vitalik
In contact with aliens
Possesses psychic-like abilities
Controls the blockchain with an iron but fair fist
Own castles & banks globally
Direct descendant of the ancient royal blood line
He will bankroll the first cities on Mars with Ethereum (Buteringrad will be be the first city)
Own 99% of DNA editing research facilities on Earth
First designer babies will in all likelihood be Ethereum babies
Vitalik is said to have 215+ IQ, such intelligence on Earth has only existed deep in Tibetan monasteries & Area 51
Ancient Indian scriptures tell of an angel who will descend upon Earth and will bring an era of enlightenment and unprecedented technological progress with him
He owns crypto R&D labs around the world
You likely have Ethereum inside your computer right now
Vitalik is in regular communication with the Archangels Michael and Gabriel, forwarding the word of God to the Orthodox Church. Who do you think set up the meeting between the pope & the Orthodox high command (First meeting between the two organisations in over 1000 years) and arranged the Orthodox leader’s first trip to Antarctica in history literally a few days later to the Ethereum bunker in Wilkes land?
He learned fluent French in under a week
Nation states entrust their gold reserves with him. There’s no gold in Ft. Knox, only Ethereum
He's about 7 decades old, from the space-time reference point of the base human currently accepted by our society
In reality, he is a timeless being existing in all points of time and space from the big bang to the end of the universe. We don’t know his ultimate plan yet. We hope he is a benevolent being.

RavySnake
RavySnake

There is no non-speculative use case for ethereum

The same could be said of every other crypto save for BTC.

JunkTop
JunkTop

Let's use golem and IEX, edgeless, gnosis

Not realistic enough for me to have a good amount of skin in as yet, I'm still much heavier on ETH for the wide coverage, but they have my eye and an OK could work kind of attitude.

I don't approach any of this with a BTC vs everyone mentality anyway though, I started with BTC but have spread some of those winnings out to some other selections, but with BTC as the clear leader if it is capable of doing what other coins are seeking to do I'll keep the eggs distributed accordingly

cum2soon
cum2soon

Etheroll and winsome have production environments. Etheroll and vdice, both basically Satoshi dice dapps for ethereum, use an Oracle. Winsome, to the best of my knowledge, uses a randomization technique built into the contract though, no oracle.

Edgeless is closed source and/or still in development, so no real clarity on how it works or what is used to procure game results.

I'm invested in etheroll and vdice, both of which are gambling sites built on ethereum smart contracts. I am an info security professional who works for a fortune 500 financial institution. Ama

likme
likme

And this is why i hate eth.

I hope it crashes harder than Paul walker

Poker_Star
Poker_Star

quick rundown on vdice?

Playboyize
Playboyize

You forgot he learned fluent Spanish and Manderian by drinking vodka every hour on the hour

PackManBrainlure
PackManBrainlure

This is half true. I read he learned to read and speak fluent Mandarin in a few months.

Firespawn
Firespawn

1.75% edge "dice" gambling game using an Oracle method, similar to Satoshi dice and etheroll. Oraclizer randomly generates a number between 1 and 100, prior to the roll you decide what win probability you want (between 5 and 95% less house edge, iirc), and then you roll.

For info on the crowd sale and resulting vslice tokens, you're better off reading their blog or bitcointalk page; There's way more info than I can fit in one post. Token sale was pretty successful, and the site is clean and modern looking, and will likely be reasonably profitable in the long term, barring some unforeseen circumstances. Devs are currently looking at expanding beyond dice games to more traditional casino style games (roulette, blackjack, etc) to compete with winsome and edgeless, but I haven't followed development of these projects too closely as they're still pretty far from live.

SniperGod
SniperGod

Basically a faster bitcoin with cheaper transactions and transactions that can be programmed so that criteria have to be met to move the transactions

But then on that same network people can make apps websites ect

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