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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23766425 No.23766425 [Reply] [Original]

PUSH IT TO THE LIMIT

>> No.23766524
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23766524

>>23766425
BASED

>> No.23766704

>>23766425
96 eth ready to go bru

>> No.23767211
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23767211

>>23766425
price prediction end of year fellow ETH chads?

>> No.23767262

>>23766425
thank you money skelly
>>23767211
$900 EOY

just convinced my mother to buy her first ETH, feels good man.

>> No.23767289
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23767289

>>23767211
$2k EOY

>> No.23767311
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23767311

>> No.23767329

380 EOY

>> No.23767363

>>23766425
What is the point of Ethereum?

This is very funny and I laugh at the unquestioning vapidity of people who say "smart contract" and just let other people fill in the details as to what that should mean and what the value should be. The mistake here is that "smart" is a misnomer. A contract, as we have known them for many hundreds of years, is already smart because it can often require the work of a solicitor or barrister to argue for or against the individual clauses of a contract; contract wording requires interpretation and that can require some of the highest order thinking. It is therefore smart.

A contract on Ethereum, then, isn't smart. It is a dumb contract. It is dumb in the sense that it executes itself, whether it has been audited and validated or not. And for that reason, you get fraud, after hack, after loss, after gimmick, after scam and essentially fuck all in-between.

And for what reason would anybody need to run computer programs in a decentralised way? What the fuck is the point? I can understand a currency being decentralised; that is completely intuitive and innovative, but running programs is useless as it is so insanely inefficient. Anything you could run on Ethereum you can run on AWS and it will be cheaper, faster and more secure, therefore resolving the trilema and revealing Ethereum to be completely and I mean COMPLETELY redundant. Just because something can work doesn't mean it has value, much like a kettle connected to a dynamo on an exercise bike would work. Ethereum is a fucking joke.

>> No.23767368

>>23767211
$2k this eth rally will leave btc in the dust

>> No.23767390

>>23767363
Haha priced out faggot

>> No.23767425

>>23767390
IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

>> No.23767440

>>23766425
$600 by end of novembrrrrr

>> No.23767449

>>23767425
lul nerd cope

2k eoy

>> No.23767468

>>23767425
lmao

>> No.23767479

ADA is superior to Ethereum, thank you based Charles.

>> No.23767494

>>23767363
damn that's an old fucking pasta
very nice

>> No.23767705
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23767705

>>23767363
>>23767425
kek
based fud pasta

>> No.23768206
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23768206

Everytime it pumps, there is a massive dump. I'm contemplating selling all my holdings.

>> No.23768251

How many is suicide and make it stack?

>> No.23768317

>>23767479
ADA is RC Cola, Bitcoin is Coke and Ethereum is Pepsi

>> No.23768370

>>23767425
Theres easier ways to proclaim your retardation

>> No.23768379

>>23768206
Where’s your LINK, faggot?

>> No.23768394

liquidating my stocks to go all in on ETH

>> No.23768403

>>23768394
i unironically wish i did that this week

>> No.23768409
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23768409

>>23766425
god I've made so much fucking money on this today

>> No.23768417

>>23768403
from what it looks like it isn't too late just yet but same i wish i was paying attention sooner

>> No.23768424
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23768424

>>23767211
$0

>> No.23768442
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23768442

>>23767211
3k eoy