Topic: CMT(CyberMiles) will replace ETH (Read 112 times)
not necessarily, and it is still very doubtful. currently ethereum is still the most widely used by the sale of ico and its wallet. I think, it will be very difficult to compete with ethereum, because besides that there are many altcoins that have good technology like eth, waves are strong competitors in the future. and that too if waves make smart contracts and make many progress to increase its value.
Yes, I think this is possible, CMT is now well known for Blockchain technology, They will probably grow next year, the name of CMT will become more famous and the price of CMT will increased over ETH. That's my personal opinion.
CyberMiles Blockchain has superior advantages over ETH Blockchain, It is fully compatible with ETH and can run all smart ETH contracts, they have a transaction time 100 times faster than ETH and low cost. Do you think CMT will replace ETH in the future?
You must remember that the scalability doesn't matter a lot since that can be fixed through doing a hardfork and then bitcoin becomes a big example of it. With lightning network and boom!!!! transaction fees will decrease more and more.
Don't make a lot of speculation about it. But what do you mean about that was fully compatible with ethereum? Is that means cybermiles already built cross-blockchain to the ethereum itself? There is a lot of competitors for CMT. I can't speculate it a lot.
There are also many other coins that have faster transactions and lower fees than Bitcoin.
Does it mean that they actually replaced Bitcoin? Well no, because people trust Bitcoin more.
The same is for Ethereum, it is a well established and trusted coin and it will take more than faster transactions and lower fees for a new platform to replace it.
Does it mean that they actually replaced Bitcoin? Well no, because people trust Bitcoin more.
The same is for Ethereum, it is a well established and trusted coin and it will take more than faster transactions and lower fees for a new platform to replace it.
No, its not possible i guess. Eth can replace Bitcoin but dont think any coin can replace Eth anywhere sooner. All tokens are eth based and it has gained trust of investors in the term of stability than bitcoin
There is many which have advantages over ETH, they have the benefit of seeing what has and has not worked for other projects.
However ethereum is working extremely hard with Project Casper, Metropolis, and Plasma that if they are successful in doing so, DApps will be faster, more secure, and there will be the ability to deliver scalability where needed.
Projects all state they can do things greater, faster, cheaper, but until its in mainnet and proven over years, its not truthful.
I think they have a very long way to go considering how strong the ETH community, dev community is etc.
However ethereum is working extremely hard with Project Casper, Metropolis, and Plasma that if they are successful in doing so, DApps will be faster, more secure, and there will be the ability to deliver scalability where needed.
Projects all state they can do things greater, faster, cheaper, but until its in mainnet and proven over years, its not truthful.
I think they have a very long way to go considering how strong the ETH community, dev community is etc.
it has to prove itself first before it can replace eth. we don't know the future but being a popular altcoins have advantages like eth. for now it should focus in developing itself and have a stable foothold.
I have invested on CMT because I think it is a good project with huge potential. But it can not compare with ETH. Eth is very strong, secure and most probably the best crypto investment. CMT is a new coin and it needs long time to settle in the field.
Although I have not checked out cybemiles blockchain to understand it's features and if they are truly as solid as @GangNamSk puts it but one factor a Crypto project needs it massive support from the community using it.This is the edge Ethereum currently has over cybermiles.
This is just the same way Bitcoin is dominating despite a number of coin having better features than Bitcoin. If CMT can swing the tide of support of the community to itself, then it stands a chance to replace Ethereum.
This is just the same way Bitcoin is dominating despite a number of coin having better features than Bitcoin. If CMT can swing the tide of support of the community to itself, then it stands a chance to replace Ethereum.
In my opinion, nothing impossible to happen, but that need very long time to beat Eth, because to get trusted from society's isn't easy, and also need more famous with their feature.
And not only show the issues like :
• Faster transactions
• Lower Fee
• Backed by Good management, and etc.
But very very need a real proof from that Coin's feature, what that coin can give to user, what's advantages, what's will be give to user? and etc.
If that coin can give real Better feature like I says before to the user, I think isn't impossible thing if CyberMiles or another upcoming coin to beat Ethereum.
Because every user will choose coin which have a good feature, stable price and more another advantages.
And not only show the issues like :
• Faster transactions
• Lower Fee
• Backed by Good management, and etc.
But very very need a real proof from that Coin's feature, what that coin can give to user, what's advantages, what's will be give to user? and etc.
If that coin can give real Better feature like I says before to the user, I think isn't impossible thing if CyberMiles or another upcoming coin to beat Ethereum.
Because every user will choose coin which have a good feature, stable price and more another advantages.
It is very hard to predict the future. ETH is the base for 100s of tokens and will probably be the de facto standard for a long time. Time will tell who will come out on top.
CyberMiles Blockchain has superior advantages over ETH Blockchain, It is fully compatible with ETH and can run all smart ETH contracts, they have a transaction time 100 times faster than ETH and low cost. Do you think CMT will replace ETH in the future?
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