Topic: Who will win the smart contracts competition? (Read 590 times)

EOS is a big contender they are constantly developing their platform and very soon if care its not taken they might soon overtake etherum.  But for now Etherum os leading in smart contract

i can not imagine that eos will one day replace ethereum. also, i find it very quiet about eos and see no reason for me to use eos. if eos really wants to oust ethereum, eos really has a lot to do and bring out neat things. as long as that does not happen, i will stay with ethereum and keep using it.

You can’t say nothing will beat them, the only company I have seen that nobody has been successfully able to duplicate and beat is Cocacola, but I don’t think there is any system ethereum is using that is not opened to so many other competitors out there who can do better if they wish to do so, it all depends on marketing strategy, the force of awareness and other additional benefits that is not found in ethereum.

In the long run, EOS might do better than Ethereum if people’s testimonies works in favor of them, as time goes on, and users makes use of the system, they will testify if they can indeed beat Ethereum or not.

The crypto market is very competitive and we haven't seen the end of it yet because we might even see more project that has a better smart contract than the one that is available currently, this is why we should not be comparing projects in this space but rather trying to bring out the best.

When I say the best, I am trying to talk about a platform not just where one can deploy smart contract to the blockchain but can create a user friendly platform that would be easy to use by even a newbie in the space. We have a lot to see in this platform and I believe we are getting there soon.

From my point of view, the ETH project has been working with smart contracts for a long time, so for some reason I have no doubt that ETH will be a leader in this industry. Therefore, we have to wait a bit.

Is there a need for this competition? Smart contracts is nothing new in crypto space anymore and the king of smart contract is Ethereum as we all know it but few competitors have arise to tackle the king but I haven't seen any better

   EOS will never compare to ETH in terms of smart contracts.
   ETH is always trying to improve its platform and gain the confidence of new users every day. Probably in the future there will be a currency that will be better for smart contracts than ETH, but it will not happen too soon.

For me, i think Ethereum will still be the boss. Though, EOS, NEO etc are doing good job too. But i like the competition going on. It is bringing the best out of them.

for me nothing can beat Ethereum in the matter of smart contracts and EOS is still too difficult to use for a beginner.

Do you think, investment division and having a small market price on the market by the best cryptos are the achievements of a smart contract? I don't think so. ETH and EOS opens allot of opportunities for projects to prosper but in a sense that, they are abused by some, there is no need I guess to implement a competition. We need to limit market cryptos for the best market value of the already existing ones. That would be a better idea I suppose?

in my opinion, maybe a huge project with smart contracts and bring a lot of great features inside will born to beat all crypto with smart constracts
but for bitcoin i don't think so, because bitcoin is pure cryptocurrency 

Of course any blockchain that has high transactions on-chain does so by sacrificing decentralization and therefore security. I guess the question ultimately is will users care if something is highly decentralized like Ethereum or far less decentralized like EOS and others. With something like bitcoin (people's money and savings) security and high decentralization is the most important thing, with an application network though I feel like maybe people would accept the trade-off of less decentralization a more friendly experience. Then again as you say even something like 900 tps is nothing if we're talking about a global network so on-chain will always end of just being a settlement layer for any global blockchain network, the mass of the transactions will always have to take place on a second layer anyway if the network is to be secure and decentralized enough to even be able to say it is at all secured by decentralization.

If Ethereum's second layer tech operates well I could see it taking back (or keeping) the lead for dapp networks. But of course any other network can also add second layer tech, I think the next few years of adoption and recognition will be crucial because whoever has the lead and has the most developer mindshare in the next few years will have a huge lead going into an age when second layers will likely be common and every serious blockchain network will be able to claim many thousands or millions of tps on second layer. Ethereum's got the lead in some ways but EOS has recently far surpassed it in actual usage recently, there could be other contenders in the next few years, but I think the lines will be drawn in the near future as to who has the best chance to become mainstream.

Eos looks way too overhyped just like Ethereum was in 2017.

What many of you are forgetting are possible smart contracts for Bitcoin. If this gets done people will forget about altcoins and go with bitcoin. It will take time but it will happen and eventually bitcoin will get the best upgrades from other altcoins added as second and third layer solutions.

It is true that for now EOS looks very challenging ethereum to compete smart contracts, but EOS is far from effective, because to make EOS wallets requires a fee and this makes superior ethereum on the UX side.

When it comes down to something like this, so many people like to compare tech specs and data side by side.

The amount of activity on these newer platforms would look like a sign that they can compete with ethereum.

The fact of the matter is, none of these companies stand even a slim chance against ethereum.
I'm not just speculating here.

Take iphones vs. android for example.
iphones are always behind androids in terms of tech and features.
But iphones still dominate the market by a LARGE margin.
So much that every other cell phone company is put in the android category.

Not only this, but there is so much evidence in other products and markets that tech doesn't determine the market leader.

There is two things that ethereum has that these other smart contracts aren't even close to getting:
Name brand recognition and Market penetration

Ethereum is the first altcoin to provide a smart contract system. After success with several projects, a smart contract system emerged from EOS and Tron. However, the two altcoins still cannot afford to approach Ethereum as a leader in smart contracts. The ethereum developers will not remain silent to continue developing the technology so that they still get the trust of their users.

if asked to choose and compare smart contract who is the best between ETH, EOS, and TRON then I will speak based on my experience.

I have used several transactions with EOS and Tron, but I still prefer Ethereum... I'm more comfortable with Ethereum, Ethereum is more user-friendly than the others.

so even though new coins keep appearing and claiming their smart contract is the best, I will still choose Ethereum is the best.

As long as ethereum is on the move for more development,it will be difficult for any other coin to overtake it just like that,many people find ethereum so easy to use.

It will really be a strong contest between EOS and ETH as both of them have very sound development team and with the way EOS is gradually gaining more popularity overtime with more advance technology they are beginning to introduce too, it might be another coin with a very promising future.

When it comes to smart contract performance, they might get so close to Ethereum and one thing I am certainly sure of is that Ethereum will not give them chance too because whatever it is that EOS has added to itself to make it a better choice, Eth will also add it too, so there is no loop hole.

I think EOS is going to be a major contender...although who knows what could happen with Zilliqa or Cardano when they are both fully released...