Author

Topic: Dash Collapsing. Ethereum UP. (Read 543 times)

legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
February 12, 2016, 08:13:29 PM
#4
What makes ETH special?

ETH is special because its innovative new technology is supported by a critical mass of developers, finance, and industry.

Dash has no such technology, nor the required ecosystem of coders and financial resources.  They are selling snake oil, not real solutions.

Can it over take bitcoin in terms of adoption I read a lot of rumors that it's going to take over bitcoin how is that possible,all I read about Ethereum is just being pump by some fews that has the resources to make any coins pumped out,
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 12, 2016, 05:09:58 PM
#3
What makes ETH special?

ETH is special because its innovative new technology is supported by a critical mass of developers, finance, and industry.

Dash has no such technology, nor the required ecosystem of coders and financial resources.  They are selling snake oil, not real solutions.
newbie
Activity: 40
Merit: 0
February 12, 2016, 05:04:37 PM
#2
I don't understand the feud that seems to be going on between the coins lately.. At the end of the day we all end up trading to BTC to cash out anyways.

For some one not in the know, Explain to me exactly what ETH does and what it brings to the table innovation wise..?
Surely other coins have it's features I would imagine. What makes ETH special?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 12, 2016, 04:59:58 PM
#1

False things DashHoles believe about ETH (and why they want to believe them).

1) ETH is out of money.

This FUD get repeated more often than "zomg Russia and China totes banned Bitcoin" rumors.  ETH is back by Szabo and his BTC billionaire buddies.  If they need more funds, the cypherpunk cabal will simply raise the price of ETH.  The real issue is how Dash expects to pay for the Evolution roadmap-to-unicorns.  Talking trash about ETH's lack of funds is a nice way to deflect from Dash biting off more than it can chew, but reality will ultimately prevail over cult doctrine about bottomless MegaBlock cornucopias of endless budget largess.

2) ETH is too complicated to work.

The math behind sharding, partitioning, tree chains, etc. has been done.  It's extremely challenging but not impossible to engineer and implement as a 'world computer.'  Meanwhile, Dash's two three tiered structure is hopelessly dependent on trusted third parties, and reducing mixing times to something competitive with other privacy coins is apparently not as great a priority as chasing yet-another-Storj unicorns.

3) ETH is being pumped and it will dump.

That FUD was demolished on the initial post-ICO-dump ETH rally.  Now it's doing ~50k BTC in volume/day, with ~6k BTC in bids.  Can your shitcoin do that?  No, Dash's rebranding and Evolution hype cycles are over, and probably never coming back.  It's all downhill from here, and the comet will soon take the Evan's Gate cultists to a better place, to reward them for their faith in snake oil and bad crypto.

4) ETH is too hard to use; it's basically a Javascript programming task even to get your coins out of your IPO wallet.

Kraken has a great page where you just upload your wallet, put in your passphrase, and enter the number of coins to be swept. Super easy to use.  Meanwhile, good luck teaching Grandma and Aunt Felicia the difference between mixed and unmixed Darksendable-or-not coins, much less the lengthy/unpredictable process for mixing them.

5) Dash isn't competing with ETH.

Anything Dash can do, ETH can do better.  Especially privacy.  And vending machines (stripper not included).
http://elaineou.com/2016/02/11/trust-minimized-property-control-with-jellybeans-and-ethereum/[/quote]
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