Author

Topic: Ethereum, the problems i predicted more than a year ago (Read 116 times)

sr. member
Activity: 1470
Merit: 325
Today i read a nice Article about Ethereum

https://medium.com/futuresin/ethereums-demise-as-a-cryptocurrency-is-foreseeable-d9240dcc061e

within the article is a short summary:

Quote
Ethereum is like a promise to the future that decentralization will one day actually matter.

There’s been talk lately that ETH the asset will inevitably be worth nothing one day, that its collapse is inevitable. That’s an amusing dialogue since it forces us to consider just how fast things are moving. ETH has problems to mass adoption:

  • Scalability
    Transactions are too expensive
    The technology is getting old
    Newer more scalable blockchains will eclipse it
    Developers will migrate to more “shiny” ecosystems


pointing out that "transactions are too expensive" and the migration of Developers

was exactly i was warning more than a year ago

the root of evil was the dangerous game with the ether gas speculations.

i myself as a developer therefore chose waves plattform over ethereum as i didnt saw ethereum as a secure basis, regarding the gas speculations.

now media also realises that what i clearly saw more than a year ago.

if you want to be a year ahead regarding the industries evolution then follow me on twitter: https://twitter.com/cpro_channel

PS:

my website says since a year ethereum wil become just an ordinary encription service among many others.

regards

Jump to: