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While nuanced, all four arguments fall flat. Detractors of economic abstraction notably, Vitalik Buterin argue that the added complexity is not worth the ecosystem gains. This argument is absurd. Market Pricing: To mine on Ethereum with economic abstraction, miners simply need software which allows them to account for discrepancies in their perceived value of active tokens and include transactions rationally on that basis. Vlad Zamfir argues that the potential need to monitor market information on prices makes economic abstraction difficult.
However, miners requiring pricing information is already the status quo — rational actors need a model of future ETH prices before mining or staking to maximize profit against electricity costs, hardware costs, and opportunity costs. Non-Token Contracts: Not all contracts have coins, or if they do, they may not be widely recognized, valuable, and traded on exchanges.
Can such contracts pay fees without ETH? Users of a tokenless contract can pay fees in whichever tokens they want. To ensure liquidity between users and miners with different assets they would pay or accept fees with, a user can simply issue multiple mutually-exclusive transactions paying with fees in different assets. Specialized wallet contracts could also negotiate fees with miners directly.
While it is an open research question to show under which conditions HD-PoS would maintain consensus, consensus may be possible if the weight vectors are similar enough. Proofs of HD-PoS may be possible by assuming a bound on the pairwise euclidean distance of the weight vectors or the maximum difference between any two prices. If such a consensus algorithm proves impossible, the failure to find such an algorithm points to a more general vulnerability in Ethereum PoS.
Rolling back actions in a valuable token contract by burning ETH stake could be a lucrative business; if HD-PoS is used such attacks are impossible. But if miners are uncoordinated, mutually disinterested, and rational, they would prefer to be paid in assets of their own choosing rather than in something like ETH. Lastly, token developers benefit because pricing in their native asset should serve to reduce sell-pressure. End of discussion.
TC, eth Occy is not worth more than a normal one. If you find a troubled mind who will give you an extra Um for one, good for you.. Everyone else won't care. DexReborn 14 years ago 14 Flails have strength requirements, and using an ethereal one affords more points into vitality or dexterity or whatever you're looking for this is common sense. Flails have a str req of 41, non eth. Any character at all is going to need more str than that anyways for other gear so its not like they are trying to save points into vita by using and eth flail runeword.
Once again, its all about looks. I hate trying to argue about stupid stuff like this but I'm just trying to let you know how things really are. Eth caster weapons ARE worth more than non eth. The best example of this is probably a fathom. A perfect eth fathom normally goes for about twice as much as a non eth perfect fathom. D2 players are all about perfection.
If 2 blizz sorcs comes together and compare gear, and have the exact same gear as the other except one has an eth fathom and the other doesn't, the other can say "hey my fathom looks cooler than yours, therefore my gear is better". It really don't make any difference on the character, but its just another way for players to say they have better gear than someone else, so eth items are worth more.
Once again, see above. Occys aren't worth much anyways, eth or non eth. Look at the difference between the sell price in a perfect crystal sword CTA or a perfect fathom and compare them to a non eth counterpart and you'll see they are indeed very different in price.
Providing its indestructible or self-repairable. To use a phase blade, youll want an eth one to maximise its effectivness has an indestructible weapon. The phase blade is also the fastess weapon in the game and has the longest reach out of all the one-handed weapon. Its damage is one of the greatest too. So if you find a Superior Eth Phase Blade with 5 socket or 6, you got alot of riches
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If the BuzzwordCoin contract has non-transactional contractual clauses — that is, a functionality that should be regularly called by any party for tasking like computing and updating cached statistics in the contract — we can specify that the miner performing those clauses receives coins from an inflation or shared gas pool. A fee dispensing contract call performing the non-transactional clauses releases the fee to the miner this bears some semblance to Child Pays for Parent in the Bitcoin Ecosystem.
Battling the economic abstraction There are four main counterarguments to economically abstracting Ethereum: the lack of software support for economic abstraction; difficulty in pricing many tokens; the existence of contracts not tied to tokens; and the need for ETH for Proof-of-Stake. While nuanced, all four arguments fall flat. Detractors of economic abstraction notably, Vitalik Buterin argue that the added complexity is not worth the ecosystem gains.
This argument is absurd. Market Pricing: To mine on Ethereum with economic abstraction, miners simply need software which allows them to account for discrepancies in their perceived value of active tokens and include transactions rationally on that basis. Vlad Zamfir argues that the potential need to monitor market information on prices makes economic abstraction difficult.
However, miners requiring pricing information is already the status quo — rational actors need a model of future ETH prices before mining or staking to maximize profit against electricity costs, hardware costs, and opportunity costs. Non-Token Contracts: Not all contracts have coins, or if they do, they may not be widely recognized, valuable, and traded on exchanges.
Can such contracts pay fees without ETH? Users of a tokenless contract can pay fees in whichever tokens they want. To ensure liquidity between users and miners with different assets they would pay or accept fees with, a user can simply issue multiple mutually-exclusive transactions paying with fees in different assets.
Specialized wallet contracts could also negotiate fees with miners directly. While it is an open research question to show under which conditions HD-PoS would maintain consensus, consensus may be possible if the weight vectors are similar enough. Proofs of HD-PoS may be possible by assuming a bound on the pairwise euclidean distance of the weight vectors or the maximum difference between any two prices.
If such a consensus algorithm proves impossible, the failure to find such an algorithm points to a more general vulnerability in Ethereum PoS. A perfect eth fathom normally goes for about twice as much as a non eth perfect fathom. D2 players are all about perfection. If 2 blizz sorcs comes together and compare gear, and have the exact same gear as the other except one has an eth fathom and the other doesn't, the other can say "hey my fathom looks cooler than yours, therefore my gear is better".
It really don't make any difference on the character, but its just another way for players to say they have better gear than someone else, so eth items are worth more. Once again, see above. Occys aren't worth much anyways, eth or non eth. Look at the difference between the sell price in a perfect crystal sword CTA or a perfect fathom and compare them to a non eth counterpart and you'll see they are indeed very different in price.
Providing its indestructible or self-repairable. To use a phase blade, youll want an eth one to maximise its effectivness has an indestructible weapon. The phase blade is also the fastess weapon in the game and has the longest reach out of all the one-handed weapon.
Its damage is one of the greatest too. So if you find a Superior Eth Phase Blade with 5 socket or 6, you got alot of riches Fury Werewolf and Zealot like them alot. Zagial Topic Creator 14 years ago 16 I understand now, I didn't see the part of one of the earlier posts that said it was mostly for looks, I don't know why someone ignored me Skill Mostly.
But to be honest, that's how I would think if I was doing a single player RPG perfect game, but since this is online and our characters aren't even owned by us, it's doesn't matter. This is exactly my point, and is why DexReborn is wasting his time trying to argue against me.
Your style of playing would prefer a normal Occy, whereas someone else might prefer an eth Occy. Who is to say that one style of play is better than the other? Hence, an eth Occy is not worth more than a normal Occy. I could reverse the arguement by saying that a normal Occy is worth more than an eth Occy because people prefer the look of normal items, and the ability to repair them if in fact they need to.
The argument is moot. Eth Occy is only worth more if you want it to be.
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