Topic: Do you still support Ethereum? - page 246. (Read 37320 times)
Yes, I still support ETH but with recent news about the vulnerability of it from hacking issues, I am quite disappointed with it. I hope they can make it more secure so that many people can have a peace of mind.
well I transfered my btc to eth 'casue aug1 is coming but will transfer again after aug1. so i'm 50/50 supporting ETH
It's pretty fucked Spartak.
The train wreck of bullshit seems infallible.
And he we go again another fork LOL
The train wreck of bullshit seems infallible.
And he we go again another fork LOL
I think Ethereum the Platform is cool technology. I don't think it's unique as there are at least a dozen similar platforms out there all equally interesting. These platforms might have uses for private chains; but, it remains to be seen if they are more useful than centralized systems for businesses.
ETH the token has little value. It's been promoted as a "world super computer" that can run DAPPS, smart contracts, a currency, DAOs and useful to banks. Even someone with basic technology understanding knows that a decentralized system 100s if not 1000s of times slower than a cell phone will never be capable of all that. The recent failures during ICOs demonstrate just how slow a decentralized system really is. A decentralized system might do one thing well (like being a currency) but, it will never be capable of doing a multitude of functions. If there was ever a popular DAPP ETH would slow to a crawl and the DAPP would be of no use.
I suppose it will retain some value only because the average investor lacks technical knowledge and is easily manipulated into believing that the ETH network is capable of doing the impossible.
ETH the token has little value. It's been promoted as a "world super computer" that can run DAPPS, smart contracts, a currency, DAOs and useful to banks. Even someone with basic technology understanding knows that a decentralized system 100s if not 1000s of times slower than a cell phone will never be capable of all that. The recent failures during ICOs demonstrate just how slow a decentralized system really is. A decentralized system might do one thing well (like being a currency) but, it will never be capable of doing a multitude of functions. If there was ever a popular DAPP ETH would slow to a crawl and the DAPP would be of no use.
I suppose it will retain some value only because the average investor lacks technical knowledge and is easily manipulated into believing that the ETH network is capable of doing the impossible.
I can't name any other coin/token, which failed more times than ETH. It's not about loving or hating it, it's all about people losing money, because of situations which can be avoided. I would care less if these ETH based projects were not asking money from the masses, but that's not the case.
What do you mean by failing many times?
If you mean the scams (phishing, fraudulent crowdsales etc) and hacks, in my opinion it is not ETH fault.
Ethereum created an easy way to create different tokens, so the ICO fever began, but hackers and phishing scams would exist with or without ETH, and the projects trying to make good use of it shoudn't pay for acts of criminals.
There have been scams, hacking and other frauds with Bitcoin as well. But I don't think people see it as "failures" as Bitcoin stoop up again stronger.
I also don't agree with the "projects asking money from the masses" part, because ICOs are still very inaccessible to 99% of the population. People that fall for phishing scams or sent ETH to an ICO for a project that will never be developed are trying to achieve quick profits and have at least a minor knowledge to manage their own wallets and find out about the ICOs. I am very sorry for them and I know that I could be deceived as well, but it is not like Vitalik and team are in front of churches trying to rip off money from some old innocent people.
So, I see your point, but I have a different opinion and I am still supporting Ethereum as I strongly believe in the technology.
That's true to a certain extent. One of the very main reason that people strongly (apart from the belief that ETH really does good / difference to the world) believe in ETH is because of the various strong backers (Microsoft, banks, etc) which you referred to "strong lobbyist". Then again if you have unlimited amount of investment money means you can fail as many times as you want. Take Uber for an example; Uber is still burning money after years but still there are investors rushing in to throw money even though there might be no sight of profit at all.
Yes! I still like ETH coin, at the moment i thinks is good and more. thanks
I can't name any other coin/token, which failed more times than ETH. It's not about loving or hating it, it's all about people losing money, because of situations which can be avoided. I would care less if these ETH based projects were not asking money from the masses, but that's not the case. And believe me when I'm saying that Ethereum has some powerful lobbyists. Otherwise its price would be probably 1/5 from the current one.
Didn't we had enough of this?
Didn't we had enough of this?
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