Topic: Ethereum Blockchain Development, A plus or minus To The Cryptocurrency Space - page 2. (Read 224 times)
April 15, 2022, 10:47:36 PM
If I am not wrong vitalik didn't created ethereum with the same intention as Satoshi, both are here for different reasons and ethereum mainly created for projects to be run on it without creating their own blockchain everytime. Still many projects run over ethereum and soon it will resolve all the scalability issues and will come back stronger.
April 15, 2022, 04:01:53 PM
This question has got me thinking of the possibility we could have been enjoying if there is nothing like the Ethereum blockchain that gave possibilities to the development of all the other chains in the crypto space today,
You are mistaken if you are thinking Ethereum is the first ever coin that was created as an alternative to Bitcoin. There was Namecoin, Litecoin, and Dogecoin among other chains that was developed prior to 2015. Quote
I know one of the advantages of the ethereum blockchain is the fact that it gives room for scalability and possibilities of getting services that the Bitcoin blockchain may lack.
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But another setback is the adoption level since the ethereum blockchain gave birth to several cryptocurrencies it makes it hard for mainstream recognition of a single crypto coin
You cannot fault the birth of Ethereum and the increase in competition for the lack of mainstream adoption of any coin. Do not expect every coin to be recognized in the mainstream as some of them are not really designed for it. Take Monero for an example. Quote
which was the original intention of bitcoin.
Can you point to us where in the bitcoin whitepaper does it say about mainstream recognition? I only know it was meant as an alternative payment system where you and I can send money peer-to-peer.
April 15, 2022, 03:17:49 PM
This question has got me thinking of the possibility we could have been enjoying if there is nothing like the Ethereum blockchain that gave possibilities to the development of all the other chains in the crypto space today, I know one of the advantages of the ethereum blockchain is the fact that it gives room for scalability and possibilities of getting services that the Bitcoin blockchain may lack. But another setback is the adoption level since the ethereum blockchain gave birth to several cryptocurrencies it makes it hard for mainstream recognition of a single crypto coin which was the original intention of bitcoin.
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