eth is weaker than you think - page 2.

RautK

jr. member

Activity: 33

Merit: 1

Quote from: kernighan on October 16, 2017, 01:10:53 AM

https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/

check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?

Well in retrospection it all looks good and with more and more development I think ETH performance should better. Its been a few days since the Byzantium hard fork ..

ryanben

full member

Activity: 266

Merit: 114

One issue that caused ETH prices to be hampered was the unknown amount of supply. This makes investors hesitate and trust Bitcoin, if ETH overcome this weakness, the price of ETH will grow ceaselessly.

Fundamentals Of

sr. member

Activity: 2380

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There are already several threads writing about Ethereum as not as solid as it appears to be. However I believe a certain coin is only as solid as its support. It is only as strong as the strength of support its followers show and commit. I guess ethereum started off a bit weaker. But as time passes by and projects as well as investors are starting to back ethereum up, it also grows more solid and stable.

Cnut237

legendary

Activity: 1904

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Everything has its weaknesses, and nothing in crypto is a mature technology yet. But I think Ethereum is better than most, which is part of why it is number 2 in the charts and the top alt. I say have faith and give it time to mature.

Gastotade

sr. member

Activity: 545

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Colletrix - Bridging the Physical and Virtual Worl

Quote from: adam1230 on October 19, 2017, 01:28:02 AM

This is why we love ethereum. Dev is working hard to fix problems. And there will be more forks as mentioned on roadmap.
No need to panic and sell

Yup eth will be like btc soon,more will acquire it since we can't depend on btc all along we must try others too. Not only for our benefits but to experience what eth can give too.

adam1230

legendary

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This is why we love ethereum. Dev is working hard to fix problems. And there will be more forks as mentioned on roadmap.
No need to panic and sell

Amalker

sr. member

Activity: 826

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ETH constantly growing and evolving in contrast to the same BTC. And there is a good opportunity to become a new "king" of cryptoworld, not now, but in 2-3 years it's possible.

Legendari

full member

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Yes Ethereum is not perfect, but he is much better than most coins on the market and the developers are actively developing the coin.

NaissuR

full member

Activity: 126

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i believe that Komodo and Cardano will be better solutions,

disconnectme

hero member

Activity: 1876

Merit: 512

But the bug you mentioned was fixed, we all know that Ethereum still has some vunerabilities but this will decrease as time goes, Rome was not built in a day

logosobscura

member

Activity: 84

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Tru Reputation Network Pre-Sale: tru.ltd/tokensale

Quote from: defunctec on October 18, 2017, 09:13:09 PM

Ethereum is not that great, but it was a game changer when it hit the scene. I honestly think the problem with the platform is that there's no one on the Ethereum team who is not a hardcore nerd. They need someone who can simplify the interface and make it so that anyone can use it. Why is there not even a login screen on the homepage? That's shocking.

I'd argue that the bigger problem is that for what it is offering, massively distributed compute, it's ridiculously expensive- 400 million times more expensive when compared logical pound for pound with say AWS. Its dream of executing code everywhere doesn't really work with the current pricing.

feelideb

full member

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fLibero.financial

Ethereum development has been gradual and over the year it has accomplish great milestone. The proof is all around us. Ethereum is constantly been worked on and there are still update as we speak. Ethereum is still in beta. The final platform has not been made.

Filmmmakerr

sr. member

Activity: 518

Merit: 251

Hello. Bye.

Every great thing takes time, the most important thing is the there isa team of people trying to advance etheruem and no one has abandoned it or left it as is. So far, Eth has been great but in a few years I believe it'll be revolutionary.

Altas

full member

Activity: 366

Merit: 100

Ethereum is not that weaker as people have put forth. By the starting of the year ethereum was not in such a growth level, but in a short the price pumping took it to a large growth scale. This made the price reach a big range and lead the entire altcoins network.

defunctec

legendary

Activity: 1092

Merit: 1000

Ethereum is not that great, but it was a game changer when it hit the scene. I honestly think the problem with the platform is that there's no one on the Ethereum team who is not a hardcore nerd. They need someone who can simplify the interface and make it so that anyone can use it. Why is there not even a login screen on the homepage? That's shocking.

sic57005

full member

Activity: 182

Merit: 100

Moreover, if by some reason price of ETH will significantly fall, the most people invested in altcoins will start doubting of their perspectives and the hugely panic sell to BTC will be quite predictable. Well, you say "cool, then BTC will raise", but this is not the story. Actually BTC network will not stand that amount of transactions and we will see again super slow and expensive transactions. Many people will react negatively on this, and you guess what will happen next.

So, to conclude: any significant (more than 2x price fall for ETH in relatively short time) => we screwed (or at least years will be required to recover).

subG

hero member

Activity: 770

Merit: 500

I would never say Ethereum is weak, it is actually the best altcoin at the moment. Being second only to Bitcoins. There are many current and up and coming projects that are and will be on the Ethereum blockchain. ETH's price is currently starting to reflect these accomplishments.

webofunni

newbie

Activity: 42

Merit: 0

With all those big players backing it ( https://entethalliance.org/members/ ), how can ethereum can be considered as a vapourware. Ethereum is the fastest growing blockchain project at the moment and with the direction it is heading I am sure it will soon surpass BTC market cap.

sic57005

full member

Activity: 182

Merit: 100

Before criticizing of ETH strength let's thing about its strategical place. ETH supports smart contracts and custom tokens creation which leads to creating of most current ICOs. Whatever you think about profitability, scamness, usefulness, the fact is that these ICOs are attracting huge amount of people to cryptocurrencies. There's still no chance to convince 99% of people to buy BTC, because of their economical beliefs. Buying "nothing" for real money sounds like scam for almost everybody. On the other hand ICOs offering more habitual understandable scheme of buying some kind of shares of some real business. We here all know that's not the whole truth, that assets not the same as shares, but this is not common knowledge. Without ICOs there will be almost nothing about to write in public medias, remember late 2013: "BTC price goes up!", "BTC price goes down!" again and again, nothing catchy.

In short: No ICOs => No public media / real people attraction => Low BTC
Low ETH => Less ICO interest => Higher probability of the implication of above

So ETH is damn stronger than seems on a first sight, in terms of its real long-term influence.

bundo

full member

Activity: 308

Merit: 100

All will have disadvantages but all need revamping, still has value because Etherium is one of the progressive altcoin with different breakthrough Blockchain Etherium with Blockchain bitcoin. Blockchain Etherium allows for smart contracts and Dapps

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