ThoughtStorms Wiki :: Ethereum

Context : AlternativesToCompanies, VirtualNations

Software platform that uses BitCoin-like BlockChain to manage distributed knowledge. Runs SmartContracts

Created and project managed by VitalikButerin

https://www.ethereum.org/

Could, in theory provide distributed contracts that would allow corporations to exist independent of government regulation. Could therefore counter my argument that Capitalism needs government. OnLibertarianism

The EthereumVirtualMachine

And EthereumApps

CoasesBlockChain

A VinayGupta talk ... he's currently working with Ethereum.

a client for RaspberryPi

Criticism (Specifically of Ethereum]]):

• No one needs Turing Complete smart-contracts : http://www.coindesk.com/turing-complete-smart-contracts/
  • the requirement (trustably decentral computation) doesn't justify the extra overhead (ie. extra processing on all the nodes)
  • meanwhile it can't be fully trustworthy because you rely on oracles which can in principle be bribed by other smart-contracts.

Compare : AgainstCryptoCurrencies

Added 2017-11-11 :

http://plasma.io/plasma.pdf

TheDAO was a major hack, a smart-contract that managed to steal money on the Ethereum blockchain.

• Ethereum uses it to implement distributed contracts.
  • (Thus countering my main argument against Libertarianism? OnLibertarianism)
  • VinayGupta seems to be working with them.
    • CoasesBlockChain