Ethereum is a next-generation cryptocurrency platform

Apart from scripting, they came up with a new proof-of-work function, which takes exponentially more memory to compute compared to checking. It is probably of independent interest.<p><a href="http://wiki.ethereum.org/index.php/Dagger" rel="nofollow">http:&#x2F;&#x2F;wiki.ethereum.org&#x2F;index.php&#x2F;Dagger</a>

No, no a thousand times no... you are building weird machines[1] into the design of the money system.<p>[1] <a href="https://www.usenix.org/system/files/login/articles/105516-Bratus.pdf" rel="nofollow">https:&#x2F;&#x2F;www.usenix.org&#x2F;system&#x2F;files&#x2F;login&#x2F;articles&#x2F;105516-Br...</a>

If the devs are reading--the quotes scroll too quickly to comfortably read, especially with no way to control them or go back. Otherwise this is a gorgeously designed site.

I have to admit some of this sounds very powerful. I think the alternative block chain applications are more powerful than bitcoin.<p>Will the financial derivative portion mean it is a decentralized Intrade? You would create a contract which will depend on the results of a URL action at a certain point. A trusted neutral observer will give the results of an action at a certain date. Did XX party win an election. The transaction is then decided on that date.<p>So a third party would take some fixed payment and decide the blockchain event between two parties? Anyway I think it is exciting.

I like that it is mildly inflationary over the long term, as opposed to deflationary.

Honestly, I have yet to see a &quot;meta-coin&quot; that seemed viable. While ideas like creating virtual stocks and property ownership in a block chain are cool they all hinge on actually trusting the person backing those currencies&#x2F;coins. The meta-programming layer here is nice it gives better transaction control, it does not let us do anything new.

Some friendly typo notifications to improve visitors&#x27; first impressions:<p>* Under [what], &quot;trasaction&quot;.<p>* In a citation below the video, &quot;crytpocurrency&quot;. It is of course important to cite correctly, but perhaps it&#x27;s nicer without the typo.<p>* Under [why] a repetition, &quot;years years&quot;.<p>Copy is important. :)

I thought the problem with including loops (and other constructs) is that it makes the block chain too hard to protect against haxor trickery

First we had cryptocurrencies, now we have generic cryptocurrency platforms. How long until we see cryptocurrency platform platforms?

GitHub organization has codes: <a href="https://github.com/ethereum" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;ethereum</a>

Am I the only one that finds the resemblance with SteamOS page disturbing? I thought halfway that there will be controller shown.<p>My opinion is that we need some better generation currencies that are extremely hard to scale for mining before doing advanced stuff with them.

An implementation flaw was discovered a few days ago:<a href="https://news.ycombinator.com/item?id=7115725" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=7115725</a>

Another Bitcoin crypto-clone. Why does this need crowdfunding? Is the traditional mining and conversion to other cryptocurrencies not enough of a financial reward?

Is this a thing that can be mined today? Or is it still paper&#x2F;brainstorming phase?

&gt;No, Ethereum is not an altcoin. Ethereum is going to be 10,000 altcoins.<p>Oh boy! Exciting!

Interesting, but why Turing?

such innovate (C)