Topic: 6 reasons why future ICOs will use Byteball instead of Ethereum (+screenshots) - page 5. (Read 2515 times)
September 02, 2018, 01:42:13 PM
I've known about byteball for long time now and I really like the platform. It's only the high price that has always been discouraging me to buy some of it and keep all this while. These features you mentioned are very awesome and I hope it can gain wide acceptance in the near future
September 02, 2018, 01:14:04 AM
It will take time. Flawed Ethereum suffered a lot from Bitcoin maximalists. Many naysayers predicting a collapse. But they prevailed, I guess from the increasing number of Ethereum coders. It is flawed, but it doesn't matter for now.
Byteball needs more developers as much as ETH.
Byteball needs more developers as much as ETH.
September 01, 2018, 02:15:56 PM
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
That is true. There are a lot of real world applications for Byteball - the possibility to raise money through ICOs on the Byteball platform is just one of them. We know that Tony promoted the use of Byteball for ICOs, but is this going to be the primary use of Byteball?
August 31, 2018, 09:18:06 PM
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
This is exactly the reason why I am really positive about Byteball. It's a matter of USING what I have and not let my coins just sit out in the digital and crypto world.
August 31, 2018, 04:00:48 PM
Although there are many reasons why Byteball is better than Ethereum, Ethereum has first mover advantage. I never expected Ethereum to survice the hard fork in which the developer decided to take back his (and his friends') money and break with the one thing that made Ethereum unique: code is law!
It turned out only one person on earth understood their code, and they called him "the attacker". That proved two things: 1. Smart contracts are useless as people who "invest" $100 million don't understand what they're doing and 2. Ethereum isn't immutable. This destroyed all use cases for Ethereum.
Amazingly, nobody seemed to care, common sense doesn't matter, and it got much worse: dozens upon dozens of scam-ICOs use the platform to sell tokens made out of thin air and earn billions of dollars doing so.
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
It turned out only one person on earth understood their code, and they called him "the attacker". That proved two things: 1. Smart contracts are useless as people who "invest" $100 million don't understand what they're doing and 2. Ethereum isn't immutable. This destroyed all use cases for Ethereum.
Amazingly, nobody seemed to care, common sense doesn't matter, and it got much worse: dozens upon dozens of scam-ICOs use the platform to sell tokens made out of thin air and earn billions of dollars doing so.
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
I think Tony believes that in the future crowdfunded crypto investment will become much bigger than we have seen.
but you are right, I share your frustrations about Ethereum, the current ICO space is embarassing, its a blight on the whole sector
August 31, 2018, 07:47:09 AM
Although there are many reasons why Byteball is better than Ethereum, Ethereum has first mover advantage. I never expected Ethereum to survive the hard fork in which the developer decided to take back his (and his friends') money and break with the one thing that made Ethereum unique: code is law!
It turned out only one person on earth understood their code, and they called him "the attacker". That proved two things: 1. Smart contracts are useless as people who "invest" $100 million don't understand what they're doing and 2. Ethereum isn't immutable. This destroyed all use cases for Ethereum.
Amazingly, nobody seemed to care, common sense doesn't matter, and it got much worse: dozens upon dozens of scam-ICOs use the platform to sell tokens made out of thin air and earn billions of dollars doing so.
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
It turned out only one person on earth understood their code, and they called him "the attacker". That proved two things: 1. Smart contracts are useless as people who "invest" $100 million don't understand what they're doing and 2. Ethereum isn't immutable. This destroyed all use cases for Ethereum.
Amazingly, nobody seemed to care, common sense doesn't matter, and it got much worse: dozens upon dozens of scam-ICOs use the platform to sell tokens made out of thin air and earn billions of dollars doing so.
And that brings me to my point: is this a market Byteball wants to compete in? As far as I know, main dev Tony (tonych) always wanted real world adoption for Byteball. And although Ethereum has gained a large market share by supporting useless ICOs, (almost) all of them only have some fictional idea that will never work.
August 30, 2018, 12:29:55 AM
read for the first time today about byteball and i like it very much. it looks like the perfect platform for icos. just wonder why so often eth are used for icos and not byteball.
agree, i have bad experiences with byteball before, though their platform is very user-friendly, with bots and all that, hoping byteball to be more stable today, nonetheless it has good potential and good future, obviously byteball is new than eth, since all icos are eth-based because of its widely acceptance in the market, being second to bitcoin, eth has more stability than any other altcoins.
Yeah, I agree. But Byteball's potential is clearly apparent, too. Can't help but be optimistic.
August 28, 2018, 09:30:28 PM
read for the first time today about byteball and i like it very much. it looks like the perfect platform for icos. just wonder why so often eth are used for icos and not byteball.
agree, i have bad experiences with byteball before, though their platform is very user-friendly, with bots and all that, hoping byteball to be more stable today, nonetheless it has good potential and good future, obviously byteball is new than eth, since all icos are eth-based because of its widely acceptance in the market, being second to bitcoin, eth has more stability than any other altcoins.
August 28, 2018, 08:35:58 PM
I've seen many comparison like this but you have to first take a look at marketcap and vol. ETH is most known and reliable, and as Byteball grows, ETH will too. Like sharding etc. So maybe some ICOs use it but most of ICOs will continue using ETH
Maybe the real goal of Byteball is NOT TO BEAT Ethereum but TO BE MORE USEABLE than Ethereum?
Looks like they're doing a great job at paving the road for this goal, imo.
Eth will continue to grow, that is for sure. But Byteball has massive potential, too, to be "more".
August 28, 2018, 01:42:52 AM
I've seen many comparison like this but you have to first take a look at marketcap and vol. ETH is most known and reliable, and as Byteball grows, ETH will too. Like sharding etc. So maybe some ICOs use it but most of ICOs will continue using ETH
August 28, 2018, 01:38:53 AM
Nousplatform is launching its ICO on Byteball.
It is the first ICO that uses some of the unique features of Byteball ICO platform:
- KYC
- non-US attestation
- discounts for Steem users with high reputation
It is a dual-chain token on Byteball and Ethereum. When bought through ICO bot, investors receive 5% discount off the price of Ethereum based token.
Nousplatform is a decentralized next-gen investment ecosystem. Nousplatform is set to disrupt the traditional AuM market with the introduction of smart contracts and blockchain technology. The platform empowers everyone with simple and efficient access to the investment world.
Byteball users will be able to buy NSU tokens with Bytes, Bitcoin or Ether. You will also receive additional bonuses on top of the existing ones for the duration of the ICO.
Website: https://nousplatform.com
It is the first ICO that uses some of the unique features of Byteball ICO platform:
- KYC
- non-US attestation
- discounts for Steem users with high reputation
It is a dual-chain token on Byteball and Ethereum. When bought through ICO bot, investors receive 5% discount off the price of Ethereum based token.
Nousplatform is a decentralized next-gen investment ecosystem. Nousplatform is set to disrupt the traditional AuM market with the introduction of smart contracts and blockchain technology. The platform empowers everyone with simple and efficient access to the investment world.
Byteball users will be able to buy NSU tokens with Bytes, Bitcoin or Ether. You will also receive additional bonuses on top of the existing ones for the duration of the ICO.
Website: https://nousplatform.com
August 27, 2018, 08:29:59 PM
It is indeed a good platform and could compete to ethereum. But surely not now, ethereum is almost established its platform and its users that using ethereum network is growing compared to byteball. If some users tend to make a good marketing in byteball, then we can see a big competition.
August 27, 2018, 08:10:22 PM
The platform is indeed very interesting and promising. But byteball has so much to prove compared to ethereum. Eth has long been In the market and has proven so much. I think it will be a long way to go for byteball to change that. The reputation of ethereum cannot be discounted.
August 27, 2018, 08:04:46 PM
I never knew Byteball was this fantastic as I never cared to read it up. many projects are still launching on Ethereum because it has proved itself. As more projects use byteball for their ICOs, I strongly believe that Ethereum will be challenged in the future.
August 27, 2018, 07:56:36 PM
Really, guys, I'm getting sick of these numerous tokens/platforms that claim they'll overtake Bitcoin and Ether. The very same day these two start falling, there are lots of messages like this one.
yeah, we overtake Bitcoin and Ether it's a red flag for me. Do it or shut up.never said it would overtake, said more ICOs will use Byteball as its better than Ethereum for ICOs. read the op
August 27, 2018, 07:55:26 PM
This is a good marketing comparison. I have long thought about including one of the coins based on DAG technology, and perhaps it will be not only IOTA, but also Byteball. I'm wondering if there is such a big difference between these platforms, why until now almost all companies conduct ICO on the platform of the Etherium?
Ethereum is older and has the brand recognition
August 27, 2018, 04:18:34 PM
This is a good marketing comparison. I have long thought about including one of the coins based on DAG technology, and perhaps it will be not only IOTA, but also Byteball. I'm wondering if there is such a big difference between these platforms, why until now almost all companies conduct ICO on the platform of the Etherium?
August 27, 2018, 04:08:48 PM
The problem with Byteball in comparison with Ethereum besides everything else is the marketing component as well. Just few people know about Byteball while Ethereum is known by everyone. Yoy may have the best technology in the world but without exposure you will never succeed...
you are correct, that is the main problem
But once some high profile ICOs use Byteball momentum will grow
things can change crazy fast in crypto, especially when there is something better on the table like byteball ico offering
August 27, 2018, 04:07:01 PM
I will keep it short and simple:
Being faster, simpler, cheaper does not mean Byteball or any other new blockchain can overtake Ethereum.
Reasons why ICOs will be more tending towards ETH and NEO compared to any other blockchain:
1. Experience over the years
2. Proved its worth over these many years and the mass adoption of ETH
3. Investors will not be very much interested in moving to a shit coin for investment for an ICO, they would simply reject it.
4. Though we have seen bad cases like cryptokitties, Bancor ICO etc for ETH super congestion, however, none of the other blockchains have seen this much network usage for clogging, Ethereum has managed to come over it,other blockchains need to show how well they can support the network in similar scenarios, and more importantly are there projects interested to be on Byteball or any such blockchain.
Being faster, simpler, cheaper does not mean Byteball or any other new blockchain can overtake Ethereum.
Reasons why ICOs will be more tending towards ETH and NEO compared to any other blockchain:
1. Experience over the years
2. Proved its worth over these many years and the mass adoption of ETH
3. Investors will not be very much interested in moving to a shit coin for investment for an ICO, they would simply reject it.
4. Though we have seen bad cases like cryptokitties, Bancor ICO etc for ETH super congestion, however, none of the other blockchains have seen this much network usage for clogging, Ethereum has managed to come over it,other blockchains need to show how well they can support the network in similar scenarios, and more importantly are there projects interested to be on Byteball or any such blockchain.
huh?
nearly every single shitcoin ICO thats every happened has used Ethereum
did you read the OP? For ico funding Byteball clearly has a much strong offering that Ethereum.
The Ethereum ICO process is a train wreck, doesnt sound like you are familar with it
August 27, 2018, 10:09:15 AM
Indicators are pretty good, but it seems to me that this ease ICO creation can contribute to the fact that on this platform, many shit and scam projects will be deployed. Maybe I'm wrong not knowing this project deeply, but these were my first superficial thoughts on this.
Easy yes, but for create a ico you need a full real identity verified wallet.All this platforms have the problem with shit- and scamcoins, ethereum too.
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