Vitalik, all the Ethereum community is concerned about the situation with the division of the blockchain on two networks. Classic Ethereum plans to implement all the updates that will be developed for Ethereum, including the transition to metropolis. In other words at the expense of your team and your work to develop its network, arguing that the ETS is the same ETH, but without the hard-fork. How you feel about it?
Hello! In fact, this is a difficult question... the Question for the classics of course, if they want all the changes? I believe that classic would have been more interesting if they'd found their way, but to prevent the use of open technologies are not our best... I also know that Ethereum Classic support many people from the bitcoin community.
Will there be some sort of sewn or you don't mind if they just copy your design?
Such is the nature bakcheia open source: avoid copying impossible. Ethereum already have 5 copies, bitcoin 500, but if we are talking about the community, then copying it very difficult.
Classic is forced to have to support?
At the moment, we have assets of $ 1.1 million ETS, but this does not mean that we have some long-term strategy and we support Ethereum Classic. The Fund also has 800 PTS, but this does not mean that we have the obligation to support bitcoin :)
Ethereum uses a powerful black Classic PR at the expense of Hayter Ethereum, gray at the expense of retired persons (Charles Hopkinson) and white at the expense of media personalities (Barry Silbert).
Vitalik, and what can you say for example about Charles Hoskinson?
Don't want to say anything bad about the man, I'll just leave the link of Reddit and you'll draw conclusions
(~~~ embed:ethereum/comments/4uuk4l/cha..) reddit metadata:fGV0aGVyZXVtfGh0dHBzOi8vd3d3LnJlZGRpdC5jb20vci9ldGhlcmV1bS9jb21tZW50cy80dXVrNGwvY2hhLi4pfA== ~~~
What do you think about TAO? Are there any ideas how to further use this tool without such risks? Did the hacking for this?
I think that DAO is a great idea. However, the concept of DAO and the DAO" are two different things. I know that there are already several DAO projects that are already started development and they will be much safer. I don't think there is a magic silver bullet that can solve the problem of security Agency complex contracts). In fact, everything is the DAO, which I know will run a minimum of 6 months.
It is possible for TAO need some mechanism of arbitration?
The right will use a combination of strategies, including rigorous testing of code and make it as simple as possible mechanisms, and even more advanced methods such as formal verification.
You can re-hard fork?
No. It's just new technology and we are all responsible for what happened. That's why I made this decision. Next time, all risks will be borne solely by the developers of DAO and I'm going to hard-fork.
What will happen now with Stefan Tual?
Can't say for sure, but I know that he now has a lot of problems, including legal.
Whether You are planning, with the support of the Ethereum Foundation or third-party investors, to create their own DAPPs on Ethereum?
No. However, there are a few exceptions: apps that everyone needs. For example, a purse or project VTS Rrelay.
When will the transition to POS? Is it true that it will be smooth due to the increase in residence time of the unit?
I can't exactly say when it will be POS, everything comes down to a safety issue. At this point we begin to develop a test network in Python
Vitalik, is it true that in Ethereum embedded algorithm, which gradually increases the difficulty of mining coins even without increasing the number of miners?
Yes, but the mechanism should begin to have a significant effect only in mid-2017, that is at least a year. It works on an exponential formula, that is, at the moment the effect is, but very minor
How can grow a generation time block?Starting in 2017 will grow exponentially: in the middle of the year about 20 seconds in a few months on 25 seconds, then 35, etc. Vitalik, tell me about the event, which took place last week
Yes, it was an interesting hackathon, which was attended by developers from our team, several people from the team zcash for, as well as many professors and students from Cornell University.
Team zcash for developing a project completely anonymous, the mixer inside the smart konrakta private network Ethereum. They added operation code (precompile) for verification of zk-snark. We now think of as the code to integrate in the metropolis. Also currently in development Нawk - proof technology change the state of smart contracts.
How do you assess the prospects of cryptocurrencies in Russia compared to other countries?
When I was in Russia and met with regulators, I had the feeling that prospects are very good.
Thank you all for the conversation, please leave a comment. Follow us.
'A general outline for how to code a DAO is as follows. The simplest design is simply a piece of self-modifying code that changes if two thirds of members agree on a change. Although code is theoretically immutable, one can easily get around this and have de-facto mutability by having chunks of the code in separate contracts, and having the address of which contracts to call stored in the modifiable storage.'