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A comment on What is an Initial Coin Offering and How Does it Work?. Parent comment

Re:What is an Initial Coin Offering and How Does it Work? by dandero on Monday July 03, 2017 @07:45PM (#14692319)
"Ethereum now has half the market cap of Bitcoin, despite the total failure of the DAO, the one big application of the smart contract technology. See "Use Cases Of Ethereum In Different Sectors 2016"

It's funny how tech people can't understand that innovation is a trial and error path. Ethereum is doing something that has never been done, trying to disrupt the concept of finance and you are talking here about the DAO failure of one year ago that was already fixed with an hard fork solution. Do you really believe that with the hundreds of millions and the back up of some of the most successful companies in the world they will not be able to take the invention to phase 3? You are a really pessimistic folk man.

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Re:What is an Initial Coin Offering and How Does it Work? by calafrax on Monday July 03, 2017 @08:38PM (#14692613)
I hear this "you just don't understand" claim a lot: from my teenage kids and *coin proponents.
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Re:What is an Initial Coin Offering and How Does it Work? by banku_brougham on Wednesday July 05, 2017 @02:09AM (#14700255)
Technical failures are lethal to many kinds of enterprise, I'd put technical failures of financial instruments in a category of its own.
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