/biz/ - Business & Finance

>>50604876
lmao
Imagine unironically buying this scamcoin

>>50604876
I sold my eth at this news. Should I sell my tether too?

I can't beliwve this. Im having heart palpitations. ow because of this. I hope youre all happy for convincing a father to buy this meme scam with what little money he had. Are you happy? What do you have to say to my kid now that he can't go to college? I will never touch ETH or anything crypto ever again.

>>50604876
>>50604924
>>50604980
>>50605005

>ETH turns out to be total crap

wow, who would have thought? The creator of ETH seemed like such a smart guy with only the best interest of other humans at heart

>>50605039
I for one am totally surprised. I could have never seen this coming. I fell for the "ETH to $10k"-memes.

I thought this ancient, expensive, unlimited supply, pre-mined shitcoin was worthy of being the #2 spot. But it turns out it is a total fucking scam?

Totally surprised here

>>50605049
I mean just look at the creator, he seems like a totally smart and reasonable guy. Who would have thought someone with his mindset would do something like this? What a surprise. Wow. Who would have thought.

>dumb: shitcoins and btc
>midwit: eth and btc
>genius: shitcoins and btc

Have fun with your (immutable ledger)

>>50604876
so easy to spot the poors on /biz/ kek.

>>50604876
>Ohnono ethbtc is going up ohnono i will go to fud on the chan and they ll sell!
I just did boughted another 100k eth!

>>50605370
Ok ranjeet

>>50604876
spoonfeed me, why is this so bearish

>>50605541
>be you
>buy eth ico
>hodl mode engaged
>make it
>vitamin deletes your transaction data in le purge
>you never bought the eth ico
>you never made it
congrats on this, seriously

>>50605556
I highly doubt this will affect asset balances

>>50604924
imagine buying anything except ETH for the last 6 years
it is such an easy and obvious play I can't believe you still don't get it

>>50605556
Kek nice bait

>>50605562
>i highly doubt deleting blockchain transaction data will affect balances
whats it like being this retarded?

>>50604924
>>50605005
>>50605039
>>50605049
>>50605063
Boomers

Did I read "Sfsekjnv" as "safe and secure" wrongly?

+RIGHT TESTICLE+

>>50605586
only specific community members dedicated to the pedo communist cause will have their transaction data preserved and this requires you doxxing yourself to vitalik. everyone else will have their tx data wipped in le purge for going against mETH community standards i.e. wearing a fur suit to child care centers

>>50605588
at least when you larp, make it somewhat believable. do better, anon.

>>50605588
checked but seriously anon you think ethereum is just going to delete coins like yeah we developed this whole chain for years and got the #2 spot in crypto just so we could an hero all of our money because uhhh we're just SO stupid and we want to save some disk space

>>50605588
Dk tell us champ. I am sure you have a kindergardners understanding of DLT, so shoot your shot

Btw.>>50604876 is only for Full Nodes, if you run an Archive Node, high chance you might be able to make good money put of the current charity of running one

>>50605653
yes this is what vitalik calls le purge. eth is going PoS but before that happens they need to purge all non pedo communists from the eth blockchain permanently by deleting immutability from the ledger
>>50605645
dont believe me know that your eth balance will not exist post purge and this includes all erc tokens and nfts. thanks for playing

>>50605663
if there is no record of eth entering your wallet how is anyone supposed to know how much eth you have?

>>50605663
>shoot your shot
>kindergartners
you sick fucks will get the rope eventually. Everyone should know that furry posting is down over 9000% on 4chins because all the furry spammers are working for Vitalik now on blockchain spam

>>50605680
0/10 bait.

>>50604876
>remove old network history
But isn't the blockchain immutable?
or am I misunderstanding the OP's highlight portion in the pic?

>>50605699
>1pbti
>no refutation
>no argument
>le bait
deleting immutability on a DLT deletes your history of buying ETH at ICO. GTFO of ETH until after le purge or else you will lose everything you never had.

OR

Dox yourself to Vitalik with your complete transaction history and pledge allegiance to the furry pedo cause.

This affects all ERC tokens including NFTs

>>50605599
faggot pedo enabling commie anarchist

>>50605733
You’re just an attention seeking retard that doesn’t make any sense. Go outside and have sex you fucking mong.

>>50605720
>But isn't the blockchain immutable?
https://www.gemini.com/cryptopedia/the-dao-hack-makerdao

>trusting vitalik - a subhuman who looks like he has aids

>>50605039
>>50605049
I'm having a difficult time accepting this as not being photoshopped.
are these tweets real?

>>50605562
>I highly doubt this, the act of removing the HISTORICAL DATA OF PURCHASES OF CRYPTO will affect asset balances
you just trolling right? tell me you are

>>50605358
>haha these poors talk shit about Ethereum because they are poor, not because the blockchain is broken ticking time bomb

>>50605720
eth is a VC scam, not a blockchain

>>50605787
>https://www.gemini.com/cryptopedia/the-dao-hack-makerdao
>The DAO was hacked due to vulnerabilities in its code base. The Ethereum blockchain was eventually hard forked to restore the stolen funds, but not all parties agreed with this decision, which resulted in the network splitting into two distinct blockchains: Ethereum and Ethereum Classic.
that doesn't answer my question Anon,
this is not the same as Removing immutable data on the blockchain.

>>50605578
So how worried you hedge fund hired shills? You seem really worried about maintaining a positive narrative regarding ETH’s shortcomings. It’s almost as if you are all scamming kikes, working for the central banks that crypto was supposed to put a leash on

>>50605854
>ETH = VC Scam not Blockchain
I'm not as wise as you all pretend to be on /biz/.
I openly admit to not knowing everything.
so can you explain to me how ETH is a VC Scam and not Blockchain?

>>50605848
>>50605854
>praying for their eth killer to succeed so they can finally start their lives once and for all

>>50605810
They are real, newfag. /biz/ has known about these pro child porn tweets since 2019 before ETH 10xed. Imagine knowing this coin is a pedo furry Marxist shitshow and that it made a bunch of degenerate nerds filthy rich
>welcome to the black pill of crypto
Also BTC was being used by Epstein for his underage sex trafficking cartel

>>50605810
yes you fucking newfag

>>50604876
I'm an xrp maxi but this
Verge surge purge thingie has been on ETH's roadmap for a longtime. What's up with the FUD?

>>50605856
Lucky for you, I am in a good mood. Next time, read past the first paragraph and think more before commenting. This will benefit you in the long run.

>The hard fork effectively rolled back the Ethereum network’s history to before The DAO attack and reallocated The DAO’s ether to a different smart contract so that investors could withdraw their funds. This was extremely controversial — after all, blockchains are supposed to be immutable and censorship-resistant.

REPEAT
>This was extremely controversial — after all, blockchains are supposed to be immutable and censorship-resistant.

That answers your question, Anon.

>>50605889
Oh wow,
Thanks for the picture.
So now I'm wondering, why hasn't this been more publicized?
>also BTC
Yea, I remember those news articles which when they first hit everyone was like NO FUCKING WAY!!! but then less than a week later people totally forgot about the entire pee-dough being on BTC blockchain and no one has raised a funk about it ever sense.
>black pilled you, you newfag
Honestly I appreciate you sharing information with me.
I really had faith in crypto but man..... baka

>>50605907
You right Anon,
I was being stupid and not reading.
Thanks for the clarification,
smmfh - I feel the post-nut clarity now.
how stupid I was to ever believe Crypto currency and now seemingly the Blockchain itself, was ever the answer to the world's financial issues.
So now I'm more than ever interested in who the fuck Satoshi really is/was.
now I suspect some government shit

>>50605911
>So now I'm wondering, why hasn't this been more publicized?

>Who do the jewish pedophiles elite not publish more about this insider coin

geeee i wonder why

>>50605945
I try not to hold the mindset of "oh no's jews run the world", just seems like a easy cop out to levy hatred against a group of people (not saying you're doing so but that's just my stance).
It's not that it's a;
>geeee i wonder why
type thing,
it's really a
>are people just not giving a fuck?
type thing.
what the fuck is up with this world?

>>50605869
jpmorgan bought into ico big as 'disguised whales' and got their buddies atthe sec to give eth and all their shady dealings a free pass
not a blockchain because when anything happens that could hurt jpmorgan they just roll it back and frontrun their transactions
the switch to proof of stake is being done exclusively to give these disguised whales more power to manipulate the transactions to their benefit

>>50605870
ethíis the eth killer
smart contracts are retarded bloat

>>50605966
Proof of Stake just always seemed like a blatant "get fucked" consensus scheme.
If the point of crypto was to remove the need of trusted 3rd parties and to remove the power from the top 1% (money wise) then wouldn't PoS just be a open invitation to rape an entire market?
all you need to close to 51% of the coins (I know that's improbable) and you would always win the block, no one else could ever hope to gain block rewards if you're a rich person who ICO's or dca's or flat out purchases more coin than the rest of the holders.
smfh, crypto was the fucking trojan horse and we let that bitch into the gate.

>>50605894
It's a fresh article.

Most know about the merge, but likely not the rest. There should be more discussion around the purge, specifically.

I would like to read talking points explaining why removing old network history is not an issue. So far I see no such points.

Link is blockchain agnostic so it doesn't matter anyway

>>50605859
there are no real shortcomings relatively speaking
it is literally the frontier of the industry

>eth pumps
>fudsters in full force
like clockworck

>>50606070
sure m8, let me know when chainlink stops using an erc token

>>50605638
Being this schizo must truly be exhausting

>>50606050
there is literally nothing to discuss. doxx yourself and your transaction history on ETH to Vitalik and submit to the trans furry communist pedo alliance or get yourself purged and lose all your history on the ethereum blockchain

>>50606147
>being right about everything before anyone else even understands what is happening must be exhausting
yea bruh it is.

>>50606050
>keep minimum 5yrs of data
>and
>keep minimum 10 chains of transfers
Sounds like an awesome idea.

If you send around coins like a manic the data is kept for 5yrs. If you sit on the coins for years you can at least always see where they came from up to 10 steps.

Even this would greatly reduce the data of the blockchain and after a while the blockchain would become fixed at around a certain size.

>>50606199
>bruh

>OH NO THE PURGE IS GOING TO DELETE ALL HISTORY
ever heard of arweave? the amount of newfags on this board make me sick.

>>50606299
>1pbti
>immutability has been deleted from your (((blockchain)))
>but you posted bruh, bruh
bruh pls

>>50606283
>we promise we wont delete your history
>just trust us
the tranny suicides from this are going to blow minds away literally

>>50606316
they spawned here after getting raped by the election and now spaz out over whatever narrative their masters put in front of their noses

More reason to use MINA https://minaprotocol.com/

>>50606362

>>50604876
of course, because PoS ETH relies on weak subjectivity :^)

what is weak subjectivity you ask? Oh nothing much, just that the ETH foundation tells you which chain is the real one

thank god Nervos is building what ETH should have been, because ETH is fucking compromised completely at this point

>>50606345
No one would be deleting anything. You could still download the legacy blockchain. It already exists. It would probably just be more of an option for people who stake on their own hardware, to be able to stake but only download the 'purged' blockchain.

i dont own eth at the moment but this post is making me consider buying some
thanks anons, converting 2 btcs to eth

It's over.

>>50606378
how does it do that tho? i'm interested in how that works

>>50606426
It doesn't. 22kb obviously cannot store the history, thus it's not a permanent data structure.
It's "just trust us, bro" where the blockchain owners can alter history.

>>50606384
>you can still download the unrolled immutable chain
sure it exists its called eth classic kek

>>50604876
https://eips.ethereum.org/EIPS/eip-4444
Brainlet threads are so tiresome.
We're talking about execution client synced data.
There is a will for preserving historical data, but the solution is not there yet, like with L2s for scalability. Until then there is no "Purge".

>Post retarded shit to get an answer.
I guess that works too.

>>50606545
>>50606426

Just like how a Merkle tree can track if any of the leaves have change by just tracking a single hash,

in MINA they merge zero-knowledge proofs about many transactions into one proof.

So essentially the 22kb is a zero-knowledge proof that many other zero-knowledge proofs are all verified.

There is no trust involved. Anybody can participate in the network.

The downside of MINA is that unlike Ethereum, the MINA smart contract can only store 8 field elements which are 32 bytes each. So in most smart contracts you need to use another P2P network like IPFS to store your contract data.

>>50606617
A Validium?

>>50606659

Yes same idea, but MINA is a separate change with only ZK-rollup transactions. There is a MINA ethereum bridge for cross chain operations.

>>50606673
Thanks will read up on it.

imagine caring this much about an autistic fag and his kike chain

>>50604876
>The Purge
nice, another movie
I wonder if in this one the world will collapse because of crypto.
I hope they don't mention dogcoins, I have enough to do with seeing zha0 everywhere

>>50605959
>I try not to hold the mindset of "oh no's jews run the world", just seems like a easy cop out
Lurk for 2 more years, thanks.

>>50605959
>tries to hold on to retarded indoctrination mindset
>somehow cannot understand the world
pikachu face

Imagine trusting this pedo after he murdered the dogcoiners to keep papeete alive

>>50606316
>let's just use yet another side chain to solve our problems
Gee this ETH thing sure sounds VERY decentralized and reliable. I mean if arweave is good enough for SOL it's good enough for me, I don't actually need to use the blockchain the ENTIRE time