Ethereum Sharding FAQ

Re:Ethereum Sharding FAQ by nope96 on Wednesday April 25, 2018 @05:42PM (#16926473)

> Something about Ethereum feels like a 19th century perpetual motion machine.

Funny you'd say that:

"Vitalik's project immediately before Ethereum is that he was collecting investments from people to fund building a computer program to solve NP-complete problems in polynomial time, supposedly by simulating a quantum computer."

http://archive.is/8wHvq

"Buterin later said he had “greatly overestimated” the likelihood of the team breaking mathematics"

https://davidgerard.co.uk/blockchain/buterins-quantum-quest/

More: http://bitcoinerrorlog.com/2016/08/vitaliks-quantum-quest/

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Re:Ethereum Sharding FAQ by DalasNoin on Wednesday April 25, 2018 @06:44PM (#16927032)

Simulating a quantum computer on a regular computer to speed up np-complete problems is insanity. Trying to break mathematics is insanity.

I tried to verify your sources, it seems to go back to Gregory Maxwell and an anonymous source, BitcoinErrorLog. David Gerard cites BitcoinErrorLog. zero proof.

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Re:Ethereum Sharding FAQ by nope96 on Wednesday April 25, 2018 @06:49PM (#16927073)

https://twitter.com/peterktodd/status/906189639802859520

Jorge Timón was pitched it

> Was he soliciting investment though? > Jorge Timón @timoncc Yes, he and another guy were claiming the classical computers simulating quantum would be a mining revolution.

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Re:Ethereum Sharding FAQ by DalasNoin on Wednesday April 25, 2018 @07:11PM (#16927261)

http://archive.is/bXZaW

interesting, but that sounds quiet differently from the claims from maxwell and your original post.

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Re:Ethereum Sharding FAQ by nope96 on Wednesday April 25, 2018 @07:48PM (#16927534)

Did you expect him to say, "Yes you caught me guys!" - instead he blames it on "a team" and it only had 5% chance of working, etc.

He has never denied trying to get money for a quantum project. If rumors were floating around that I had I'd instantly deny it 100%

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Re:Ethereum Sharding FAQ by DalasNoin on Wednesday April 25, 2018 @08:12PM (#16927672)

so vitalik says he just had a short term connection to this team before he grew suspicious. if he really was the head behind a scam, why did noone sue him? why is there no evidence, like former employees, payments, company registration?

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Re:Ethereum Sharding FAQ by nope96 on Thursday April 26, 2018 @03:26AM (#16929612)

> why did noone sue him?

perhaps because not a single person was dumb enough to fall for it?

How about this- for 4 years people have been talking about this, not once has he simply replied "I never tried to raise money to build a quantum bitcoin miner"

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Re:Ethereum Sharding FAQ by DalasNoin on Thursday April 26, 2018 @05:25AM (#16930301)

well, i guess he gave a talk about quantum computing and bitcoin, you could see that as an ad for that company. this looks to me like a motte-and-bailey argument. if he gave a talk, grew suspicious of their plans, quit supporting them, then there is no wrongdoing here, no proof that he ran a scam company.

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Re:Ethereum Sharding FAQ by DalasNoin on Wednesday April 25, 2018 @06:58PM (#16927149)

i'm honestly trying to verify this. i'm quiet skeptical about the character of some developers of bitcoin, i dont know about peter todd. bitcoinerrorlog is linking to this video of him talking about quantum computers as a proof. this is the closest i have come to hard evidence of this extreme claim. i have listened to the first half of the video, just him talking about quantum computers. Very impressive talk for a 19 year old.

https://youtu.be/DkUpZkeqhF4?t=16m46s

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Re:Ethereum Sharding FAQ by nope96 on Wednesday April 25, 2018 @07:00PM (#16927167)

How about Vitalik himself

http://archive.is/bXZaW

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Re:Ethereum Sharding FAQ by tfha on Thursday April 26, 2018 @01:12AM (#16928978)

Fwiw bitcoin error log is a real human being who attends conferences and has met many people in meatspace.

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Re:Ethereum Sharding FAQ by xorcist on Thursday April 26, 2018 @04:56AM (#16930163)

He went to conferences with that pitch trying to raise interest and capital. A lot of people who were active back then hard the pitch in person. It's not exactly a secret and no reason trying to pin this on anonymous sources.

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Re:Ethereum Sharding FAQ by DalasNoin on Thursday April 26, 2018 @05:16AM (#16930250)

if you read my other comments to nope96 in this branch, you will be able to understand my position better. i even linked the video bitcoinerrorlog cites as proof, which is probably the talk you are referring to. none of this proves he was the head of this company, it does not prove that he knew their qc was never going to work. it does not show him lying, in the video he talks about qc and the consequences for bitcoin.

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Re:Ethereum Sharding FAQ by davidgerard on Wednesday April 25, 2018 @07:39PM (#16927465)

Vitalik admitted it himself. I linked the ref in my piece.

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Re:Ethereum Sharding FAQ by DalasNoin on Wednesday April 25, 2018 @07:48PM (#16927532)

i have read that, maybe you should read it again.

http://archive.is/bXZaW

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Re:Ethereum Sharding FAQ by ttul on Wednesday April 25, 2018 @06:24PM (#16926865)

All sufficiently successful entrepreneurial “geniuses” are eventually shown to have been lucky for the most part.

  - Proverb

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