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Comment by drcode | Hacker News Reader

He was like 16 years old when he was working on that thing and has a solid track record since then... let's cut him a break.

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He tried and failed to scam people when he was 16, but now has a successful scam so we should cut him a break?

"solid track record" meaning cloning bitcoin and giving yourself and friends a bunch of free tokens worth $7,764,000,000:

"12 Million Ether were created to the development fund, most of it going to early contributors and developers"

19 at University, not 16 kid

https://twitter.com/peterktodd/status/906189639802859520

What solid track record? I see just hype and broken architecture.

"solid track record"

Can you name one thing he built/invented that does anything? Beyond collecting bitcoin.

Speaking of which, Ethereum is not really novel either. Bitcoin includes its own VM which has opcodes that allow smart contracts too... just most of them are disabled because the reference implementation had bugs at the time Satoshi abandoned the project, and the development process is currently so calcified and politicized that development has essentially ground to a halt.

The concept of memory-hardness is not really novel either, see: bcrypt/scrypt.

Vitalk was originally a bitcoin developer who proposed extending the op codes to make a more general purpose computer, and only started Ethereum after he encountered resistance to the idea. I don’t think anyone was claiming bitcoin wasn’t prior work.

Can you cite any evidence at all that he actually proposed new op codes? I've heard this claim many times, but never seen any evidence to back it up.

What opcodes does Ethereum support that Bitcoin does not support, or could not be implemented using Bitcoin's opcodes?

You've got everything that looks essential to me: add/sub, mul/div, logical and/or, bitwise, string, crypto, etc.

https://en.bitcoin.it/wiki/Script#Opcodes

No disagreement that the Bitcoin development process is broken as fuck though.

Bitcoin specifically avoids loops and recursion. The codes you included allow basic contracts, but bitcoin scripts are guaranteed to halt. Its a conscious decision, and I'm not sure its a bad choice for the project.

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