The implication is that eth better fix its scaling issues soon or else newer smart contract platforms will make huge gains against eth.
I still do 100% believe in eth, but things like plasma cash and switching to proof of stake are seriously taking too long.
Granted, it is the world's biggest blockchain ecosystem, but how long have we been talking about PoS now?
The thing is, when you expand the scope to 10, 20 years down the line and think global, then switching to PoS is only a temporary fix.
As amazing as the blockchain is, having a distributed, open source ledger scattered across the world consumes a ridiculous amount of energy.
The more implementation it sees, the more the cost of just running the damn thing skyrockets.
What I really want to see is one of the dag projects incoporate smart contract technology.
If the worlds of nano, iota, byteball etc. can be combined with eth, neo, and ada, then we are really looking at gigantic game changer.
BICA !!!!
This is very possible. I see some of these projects coming together consolidating on each others' strength. I am however not certain ETH could be displaced.
