this post was submitted on 16 Nov 2023
1 points (100.0% liked)

Ethereum

5 readers
1 users here now

Resources

founded 1 year ago
MODERATORS
top 13 comments
sorted by: hot top controversial new old
[–] djlywtf@alien.top 1 points 11 months ago (1 children)
[–] btc_clueless@alien.top 1 points 11 months ago

Isn't se literally selling this story as an NFT? Also check his other Vitalik bashing tweets and memes. He's just trying to blow this up big.

Nothing to see here...

[–] TenBillionDollHairs@alien.top 1 points 11 months ago

I'm not clicking on this dude's weird aural nft link. what's his point exactly? Everyone knows Eth had a crisis in 2014.

[–] LuganoSatoshi@alien.top 1 points 11 months ago

Attention bitch bascily

[–] dragonmeat89@alien.top 1 points 11 months ago

Not a big deal! the early days of Ethereum were characterized by a lot of excitement and innovation. Developers were eager to explore the potential of this new technology, and they were often willing to take risks in order to push the boundaries of what was possible. However, this excitement and innovation also attracted a number of greedy developers who were more interested in making a quick buck than in building a sustainable ecosystem.

[–] HeSayYouBradeRunner@alien.top 1 points 11 months ago (1 children)

Nerayoff doesn’t have a great reputation post-Ethereum launch. Lots of spotlighting interviews and claims that he is a co-founder. I would take large grains of salt with anything he says.

[–] TheJoblessCoder@alien.top 1 points 11 months ago

Have a look at this is way worse than overhyping your achievements

https://twitter.com/DrakeBatesMrD66/status/1727085495140733321

[–] Idea-Aggressive@alien.top 1 points 11 months ago

Doesn't sound like a big deal to me. So much fluff for this?

[–] Kumomax1911@alien.top 1 points 11 months ago

It's absolutely nothing. According to documented timelines of Ethereum's creation by Laura Shin. Probably the best source of Ethereum's historical record we have to date.

- "Steven Nerayoff, with whom Joe [Lubin] was working on the legality of the crowdsale in the United States, says he told Joe and Charles [Hoskinson] as he dropped them off at the airport, 'Something’s wrong, guys.' Steven believes that Joe, who doesn’t recall this conversation, said, 'You worry too much.'" He was referring to legal concerns on on the team holding too much of the token. Something Charles wanted. Which is why Vitalik rallied against this. This further shows Nerayoff cleared Ethereum, and their path of release. Charles and Joe were pushing for a design that would be more of a legal concern.

- "Steven Nerayoff realized that since ether was necessary to use Ethereum (because people needed to pay for computation), it was like gas needed to drive a car. Thus the presale was selling a product, something that people intended to use, rather than a security." He definitely wasn't the brains. He was judging the work of others. He did not see ETH as a security.

- "Steven Nerayoff, the lawyer-turned-technologist who had facilitated the relationship with the US law firm that gave the opinion letter saying ETH was not a security and who had worked closely with Joe on the presale, was arrested for alleged extortion of a company that held an ICO in the fall of 2017. He has pled not guilty and is still awaiting trial." He later advocated that ETH was did everything right.

- Nerayoff played a significant role in the legal and strategic aspects of Ethereum's development, particularly in relation to the crowdsale and the legal classification of Ether. He was also facilitating relationships with law firms and his contribution to the interpretation of Ether as a product rather than a security. He likely feels shafted as he did not have a core role in development, and did not believe in the long term future of the project. He was a legal advisor. Those who only want money.

Nerayoff was not a coder or involved in the technical development of Ethereum. He clearly wasn't the brains. His role was more focused on legal and strategic aspects. He's since shifted to more of a technologist. That is only because of the company he kept. He originally gave the core Ethereum team a green light. Why the sudden 180? Hmmmmmm.

Come on guys. Stop getting caught up in nothing burgers weaponized to scare you or for others to make money. Do your research. Damn.

[–] TheJoblessCoder@alien.top 1 points 11 months ago

I hate this man more than anything in the entire world. Steven Nerayoff is personally responsible for the abject destruction of my life. I tried to [delete] myself because of him.

But I'm conflicted I can't for the life of me understand why the DOJ and FBI would drop all charges against him when his co conspirator already plead guilty and is still facing up to 20 years in prison. And Steven walks free?

There is one and only one circumstance under which that makes sense. he took a plea deal. A very generous one mind you in exchange for his freedom. I think the FBI potentially has their sights on bigger fish and need Steven's help to take them down. Its the only bloody thing that makes sense. So fuck it I sold all my ETH today cause I dont want to be within 100 miles when this nuclear reactor melts down

[–] TripleReward@alien.top 1 points 11 months ago (1 children)

He being a legal should know that if you have a case, never talk about it in public. As going public only can harm your case.

Since he went public, he already knows he has no case.

[–] TheJoblessCoder@alien.top 1 points 11 months ago

He is obviously not an actual lawyer otherwise he would not be threatening to sue me in my DMs

https://twitter.com/DrakeBatesMrD66/status/1726168429034668084?t=QlE2I8BVtxQdvgLZ5zXVVg&s=19

[–] anythingbutwildtype@alien.top 1 points 11 months ago

The guy is so hard to listen to - I heard him on a twitter spaces 2 days ago. He was all over the place and sounded like he was heavily winded by walking up the stairs and was about to have a heart attack. I applaud anyone who can sit through 3 hours of recording.