Distic
  • Member for 4 years, 5 months
  • Last seen more than a month ago
Why does the Ethereum project have a coin?
Accepted answer
11 votes

Through the coin: the miners are rewarded for their work on both confirming blocks and validating transactions, both of them being different. each person asking for a transaction is paying for it; ...

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Stuck on Downloading Chain Structure, it keeps increasing
Accepted answer
4 votes

If you want to mine, you have no choice but to sync until end. However you can use fast sync which should be faster than normal sync, but that has to be performed at once (you can only fast sync once ...

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What is my Testnet ether worth?
3 votes

The testnet cryptocurrency has no value and is restarted regularly. The only point mining on testnet is graciously helping to maintain the testnet blockchain. And actually I am not sure it helps much.

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Can I start downloading the blockchain, power off the computer, and restart later?
2 votes

It depends how you are syncing. If you do the full sync, then you can restart but it can take a huge time. If you do a fast-sync, you are not syncing the full blockchain, but only the state at some ...

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Link between ICO, Mining and the Technology platform
2 votes

Sometimes, the difference between investing and gambling is not obvious. The ICO are no exception. We can however draw a line between puting randomly your money on some ICO following ads or whatever ...

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Is it possible for a smart contract to be able to adjust it's conditions based on the current value of Ethereum?
2 votes

You can probably do that using an oracle (see e.g. www.oraclize.it , but others exist) to get ether price in the blockchain. Note that it seems that you will have your client beeing paid in ether ...

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Ethereum POS economics question about gravitating all ether supply to stake
2 votes

I think there are some mistakes. The first is when you call "inflation rate" the increase rate of monetary mass, but it is a mistake you share with a lot of people among the cryptocurrency community....

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How many transactions per second can be processed by commodity hardware?
Accepted answer
2 votes

The question is old, but I guess it deserves a general answer. For such problems, there are mainly two possibilities: either you don't have enough RAM or you don't have enough computation power (...

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Who mines/confirms blocks on private Ethereum projects?
2 votes

To complete, I'd say that the nature of a private blockchain is to remain private. If it were mined by anyone else, it would have to be public. So basically you have to mine it. But if you still want ...

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Ethereum node wont sync on Widows 10, transferred eth through shapeshift and it wont show up in wallet
1 votes

How to check your wallet without running a node? If you have your address, you can look at it on etherscan.io. There is absolutely no risk doing that, since your address is on-chain and so is already ...

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What are definite future benefits of buying and holding small amounts of Ether today?
1 votes

An ethereum blockchain can be either public or private. On one hand, if you are e.g. a national bank, you may want to register transactions between your local agencies on a blockchain, but you ...

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MyEtherWallet and Ethereum Wallet
1 votes

You should avoid asking to questions in the same question. Myetherwallet is a web site (https://www.myetherwallet.com) while 'Ethereum wallet' is a generic name for any wallet. As a wallet, you can ...

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how can defence reentrancy attack
1 votes

If you use the "send" or "transfer" functions, then you are safe against the DAO attack, as those functions do not delegate enough gas for the fallback function to make a function call itself. There ...

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Get exchange volume or even price in a private network
1 votes

A way is to download any webpage giving the data you want (e.g. etherscan.io). E.g. on linux: wget etherscan.io grep "@" index.html Should give you the line containing the price of the ether in ...

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Command line command to get last block hash
Accepted answer
1 votes

When your node is running, you can use: geth --exec 'eth.getBlock(eth.blockNumber).hash' attach If it is not running, then there is no way to be synchronized, so you cannot get this information.

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Sent ETH from Lykke with smart contract to Binance.com. Account still not credited? What to do?
1 votes

In principle, there is no reason why an exchange should not accept founds coming from a smart contract. So either your smart contract has gone out of gas and your funds have never been sent, or the ...

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What happens if no (unique) longest chain of blocks exists, so that the current state of Ethereum is ambigious?
1 votes

I think your question can be split in two questions: What happens if two blocks A and B are mined at the same time, and due to latency the miners are split between those receiving A before B and the ...

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Does a transaction between two accounts of an Ethereum Wallet cost fees?
1 votes

Any transaction between two addresses is written in the blockchain ; you have to pay fees to write any transaction in the blockchain. Anyway, there exists no way to distinguish between two addresses ...

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Accessing the wallet with the keystore generated using myetherwallet.com
1 votes

There are several solutions depending on what you want to use instead of myetherwallet. A standard one would be to use geth and mist. Once you will have geth installed, there should be an ethereum ...

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Visibility of source code after contract verification
1 votes

I think by default the source code is not visible, but note that the assembly code will be, as the programm must be executed by someone else.

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Why is 50+ so confirmation only needed instead of n/2 + 1 confirmation where n is the number of node in the network?
1 votes

I think you do not understand how the Proof of Work algorithm works. The idea is that nodes have two different roles: the mining role, that is creating blocks containing transactions. the validation ...

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What is the correct encoding for geth keystore files?
Accepted answer
1 votes

I do not know why this error is occuring, but: I'm on ubuntu, and file -i keyfile gives the same result as for you. As I have no problem with my key, it is probably not an encoding problem in your ...

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Notification on Ether Received
1 votes

I don't think you can do that directly, but you can deploy a smart contract with the following instructions: function () public payable { msg.sender.send(msg.value*0.01); myAddress.send(msg.value*...

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How to accept Bitcoin for Ether based Token ITS? Want to understand easiest way to handle
1 votes

I think it is not possible to do it with a smart contract as the bitcoin blockchain has no existence inside the EVM. I do not know how the other startups do. A good idea might be to look at an ICO ...

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Is one node mining enough in the private network to transfer and verify transfer?
Accepted answer
1 votes

You can mine with one node and do transactions with the other if they are connected, which you can probably know through admin.peers and if the second is synchronized you should see the result of it ...

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Are Ethereum softwares tracking me?
Accepted answer
0 votes

What kind of software did you install? You said the "necessary" software, but what is "necessary" or not is a personal view. If you only installed official ethereum softwares, they are open source ...

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Reasons to develop DApp when you have to pay for executing logic
0 votes

You do not need to use the blockchain for every operation you do. Actually, you should avoid to interact with it as much as possible. Imagine you want to do an ethereum chess game (winner wins ...

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Solidity contract too expensive
0 votes

What is expensive? To deploy the contract (put it on the blockchain) or to call the function? You can access the function result without any transaction, as the string is stored publicly in the ...

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What happens if the electricity/internet is cut off while I'm mining?
0 votes

If you want an answer in percents, it is quite easy. Assuming that you are mining 24/24 7/7, and assuming you have a battery so you do not need to reboot each time you have an electricity cut, then ...

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keystore file without password of account can be a problem?
0 votes

Even if your passport is safe, it can be guessed by simply trying all the possible passwords. For your password to be secure, it has not only to be long, but to be somehow random. qwerty or password ...

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