lololomg

I agree that version control is a fundamental part of software and if you ever have to read code I hope you have access to the versioning and issue discussions. Some people are ok without it for personal projects, but one day someone is going to read your code. Please be nice to them and give them the history behind your decisions.

> Most of the downsides (need for oracles for instance) apply to all blockchains.

This is the part that kills all good uses for Etherium (and other blockchain apps) as far as I can tell. If you are relying on oracles then you are not 'running on the blockchain' any more so why even bother at all? What are you gaining with Ethereum that you can't already do without it?

I just don't see a use case that 'regular' people would be interested in. All the apps currently on Ethereum are only used by other Ethereum fans. For someone outside of the bubble there's no compelling reason to become users.

Yes but you won't make any money. The fastest GPU you can buy right now will mine maybe 50c worth of bitcoin in the next 12 months if you run it 24/7.

I don't follow what you mean, there are loads of bitcoin prediction markets. Adding Etherium doesn't give you anything new.

All of this was already possible without Ethereum. I don't see what Etherium adds to the equation here? For example with Bitcoin you can already create escrow accounts with trusted third parties (aka oracles) being the decider.

Even if they can fix all of that, I still don't see the application here. It's tantalising but ... there's nothing new or interesting you can really do with Etherium.

Is there?

The bit that I don't get is how Ethereum will communicate with the outside world.

Example: I bet a friend that Hillary will be the next president. We create an Ethereum app/contract/whatever and fund it with $50 (worth of 'ether') each. When the election rolls around, we want to pay the winner automatically, but how can you do that?

You could have a rule to check some 'official' source on the internet but that data could easily be faked or unavailable. Then what?

If this kind of app is not suited to Etherium, then what are some good examples of Etherium's capabilities?

GPUs are keeping Moore alive

7 degrees? Holy shit

Impressive, what's the speed like when you add a few bytes of payload?

They may not even be able to pay OP even if he does prevail in court. Something to keep in mind.