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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by na85 on Sunday December 09, 2018 @11:07AM (#18641482)
>Ethereum is providing a base layer protocol for apps that never go down, never fail, and are fully trusted.

Are you suggesting that Ethereum apps can have 100% uptime (never go down, never fail), and are completely secure (fully trusted)?

Because if so I've got some shares of a bridge to sell you.

Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by codeka on Sunday December 09, 2018 @11:41AM (#18641716)
I don't even understand the benefit of 100.00% uptime, over 99.99% anyway? I mean, I probably spend more time in a parking garage with no internet available to me at all, than google spends being down in any given month.

I mean, I understand the idea that Google wants to increase their uptime because every lost query is lost revenue, but OP seemed to imply there's some intrinsic benefit that's more than just the incremental benefit...

Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by chrisco255 on Sunday December 09, 2018 @06:43PM (#18644067)
Regardless of the marginal benefits of 100% uptime vs 99.99...the entire point of ETH is that once the contract is posted to the block chain, it continues to operate in perpetuity...and no centralized service provider or government can take it down. That's powerful, and in our age of creeping power consolidation by big tech cos and overreaching governments, I applaud the development of censorship-resistant tech.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by na85 on Sunday December 09, 2018 @06:34PM (#18644025)
Moving the goal posts.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by swampthinker on Sunday December 09, 2018 @11:09AM (#18641496)
What's the vesting schedule of these shares?
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by hanniabu on Sunday December 09, 2018 @11:12AM (#18641514)
I'm not saying I agree, but I'd be interested in hearing your argument
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by na85 on Sunday December 09, 2018 @11:16AM (#18641542)
You really need me to argue that achieving 100% uptime and trust (not 99.99%! 100% was the claim) just by virtue of building on top of Ethereum is implausible?
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by seibelj on Sunday December 09, 2018 @11:24AM (#18641591)
As long as there is one node on the network that you have a route over the internet to, the network is up. This is why bitcoin has also never gone down thus far.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by joejerryronnie on Sunday December 09, 2018 @12:04PM (#18641860)
I believe he was interested in hearing the details of the bridge deal.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by Kiro on Sunday December 09, 2018 @11:23AM (#18641588)
Yes, explain yourself please.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by empath75 on Sunday December 09, 2018 @11:35AM (#18641680)
You can trust it in the sense that the network will execute the code you run on it, for the most part, but most of the contract code out there is full of bugs and they keep forking the chain when people fuck up if they know the right people.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by ourmandave on Sunday December 09, 2018 @12:40PM (#18642096)
BridgeCoin?
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by test1999 on Sunday December 09, 2018 @11:13AM (#18641523)
Immutable webapps + blockchain backend = immortal applications.

It's great for evergreen software. Imagine a backpage that can't be shut down, for instance.