Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar

bbc.reporter

legendary

Activity: 3122

Merit: 1492

Quote from: Minecache on December 15, 2017, 02:30:00 AM

Ethereum could easily lose the popularity due to the scale problem. Cryptokitties just naked this problem once again. There are many another smart contract platforms and ETH is really in danger now.

I remember Ethereum was predicted, or was it hype and marketing, to be a world computer where decentralized applications and smart contracts can run, and that they would be unstoppable and uncensorable.

Do you still reckon it to be that? I remember you were an Ethereum supporter 2 years ago. What happened?

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

Unfortunate but not suprising consider the situation lately with scaling problems. This situation is great for the competitor of ethereum to showcase their advantage and attracting more people. Maybe after kik, there will be other that will follow and use another blockchain plaftorm, bitshare is quite good from my understanding and i still don't understand why people not using it.

Inc_BitSquirrel

member

Activity: 130

Merit: 10

Seriously people... Ethereum is not dying and it doesn't look like it is suppose to die in any near future.

Crypto Kitties were very important lesson for Ethereum community and hopefully it will be remember by Ethereum team during next development phases. We still have not get totally over with "after Crypto Kitties" congestion, however I have good thoughts about Ethereum future.

Such ideas as blockchain sharding could drastically improve Ethereum pefromance and make it secure against another Crypto Kitties in the future. Just check Vitalik roadmap for Ethereum: https://bitcoinmagazine.com/articles/ethereum-killer-ethereum-20-vitalik-buterins-roadmap/

I have a strong confidence that indeed Ethereum 2.0 will be Ethereum killer. Just do not panic. BTC had much worse performance problems and what? It is now worth 17k $!

Thaoan

jr. member

Activity: 32

Merit: 5

What do you mean! Now, many coin ICO via etherium blockchain and many big game as my kity app! So ETH very attractive! I think so

Elby

member

Activity: 252

Merit: 10

sorry but Kik is not important. this is good news for ETH!

gesdan

full member

Activity: 616

Merit: 100

is it a good new for stellar holder? i think ethereum is okay if this news happen, the smart contract of ethereum is good enough, there are many big company that start ICO in ethereum network, and right now as i know etehreum is a most good smart contracts

tothetop

full member

Activity: 251

Merit: 101

Quote from: iconoclast on December 14, 2017, 10:13:33 PM

CrptoKitties has made it more expensive to transact in ETH, it will be interesting to see if they are able to overcome this bottleneck with their plans to migrate from PoW to Pos.

Yes this is very interesting, and I`ve expected such a reaction of big ETH blockchain customers to the recent problems, so let`s see how Buterin will solve the questions he is facing now

ReLieD

sr. member

Activity: 546

Merit: 255

No Matter what changes happen within Ethereum , I am pretty sure that even if Ethereum dies , it will get back up again or probably respawn. I just read this somewhere , they were saying that Ethereum is more secure compared to Bitcoin. And this line made me read more about it . So basically they were talking about its decentralisation and all . If someone knows about which news I'm talking about then please quote the link below .

criminalbee

newbie

Activity: 26

Merit: 4

Quote from: Minecache on December 15, 2017, 02:30:00 AM

Ethereum could easily lose the popularity due to the scale problem. Cryptokitties just naked this problem once again. There are many another smart contract platforms and ETH is really in danger now.

Just to be fair with Ethereum, other smart contract has never been tested yet in reality compared to ETH, our only basis in other smart contract is just a theory and just base on a piece of paper.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

Ethereum needs to scale fast as there are so many ICOS now running on the Ethereum blockchain and a plethora of erc20 tokens in the mix. I wouldn't worry though too much about KICK though as it's not a colossal project that will be missed much by the ICO flippers and punters. The price is really down anyway and people have got their eyes on other shinier projects to be honest. I hope ETHEREUM don't start infighting and the problems the BTC crowd had in coming to a consensus about scaling, that would bode disaster for sure n my books.

omwibya

member

Activity: 434

Merit: 10

Quote from: btctuxedo on December 15, 2017, 02:06:56 AM

Cryptokitties is just one project on the Ethereum blockchain. Imagine if all the other projects got as successful as Cryptokitty is, it probably going to be an even bigger disaster.

It's about time for Ethereum to scale by allowing more transactions with lower fees.

agreed. Imagine if another project with kitties starts and is just as popular.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Ethereum could easily lose the popularity due to the scale problem. Cryptokitties just naked this problem once again. There are many another smart contract platforms and ETH is really in danger now.

rajeswari_BTC

newbie

Activity: 15

Merit: 0

Ethereum but just to see what this other alternative real effective way to scale then I do not see how a development team migrate from PoW to Pos !!

btctuxedo

full member

Activity: 285

Merit: 102

Cryptokitties is just one project on the Ethereum blockchain. Imagine if all the other projects got as successful as Cryptokitty is, it probably going to be an even bigger disaster.

It's about time for Ethereum to scale by allowing more transactions with lower fees.

okala

full member

Activity: 980

Merit: 114

If ethereum lose kik then it price may dropped very soon as this will be a big fund pull out and others tokens may follow soon becouse of this scalling problems. I have been following this issue and it is now became reality, this is really bad!

DevelopmentBank

full member

Activity: 406

Merit: 110

Take this bit of news with a grain of salt. Kik is not a project who is in a position at all to be given any importance.

If you ask me, Kik is a failure. It screwed over ICO investors who ended up with losses amounting to more than 50%. Nobody even uses Kik. The only offerings that are on their are those made by the kik team as well. Poor implementation and poor marketing and now they have to result to badmouthing ethereum just to get noticed. Pathetic project.

Herlina

full member

Activity: 406

Merit: 101

Decentralized Digital Billboards

It is unfortunate if Ethereum lost Kik in their blockchain but yes the scaling problem in Ethereum does interfere with the needs of some ICO projects in their Blockchain. Hopefully Ethereum can solve this problem so as not to lose the project that has been built on their platform

Hanablue

full member

Activity: 204

Merit: 100

This is a good news for ethereum, These kitties destroyed ether network, I love them go to other networks and leave ethereum.

bbc.reporter

legendary

Activity: 3122

Merit: 1492

Quote from: iconoclast on December 14, 2017, 10:13:33 PM

CrptoKitties has made it more expensive to transact in ETH, it will be interesting to see if they are able to overcome this bottleneck with their plans to migrate from PoW to Pos.

If the best development team in the cryptospace, which is working on bitcoin, has not found a real effective way to scale then I do not see how a development team of lower capability can scale Ethereum.

In any case, the Ethereum development team will keep telling their followers that something big is coming, the same way ICO developers do.

vasoweee

member

Activity: 104

Merit: 10

Im really fan Ethereum. I hope the others will not do the same. By the way about CrptoKitties , if they were on NEM(from interview of ambassador NEM), NEM would not even notice their.

Topic: Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar (Read 313 times)