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Topic: Why is Ethereum so special? - page 7. (Read 7832 times)

hero member
Activity: 743
Merit: 500
November 09, 2017, 02:43:40 PM
Because Ethereum takes the core blockchain technology that lies at the heart of Bitcoin, and evolves it. You know how floppy disks were replaced by CDs, which were replaced by DVDs, which were replaced by Blu-ray? Well, picture Bitcoin as a floppy disk. It's slow and has limits in regards to how many transactions can be processed at a time. Then Ethereum is a CD (maybe an improved future version of it will become the DVD and Blu-ray in this evolutionary analogy). It's much faster, and allows for higher transactional volume.
You got a nice analogy there. Ethereum is like a better and improved version based on your analogy but not really. Bitcoin maybe slow and has limits to how many transactions it can process but that is why there are hardforks. During a bitcoin hardfork, they are releasing a better and improved version of Bitcoin. Yeah it is now a different coin but it is still from the old Bitcoin. 
and still under bitcoin that are trusted just like bitcoin , ethereum are good because i love ethereum too just like bitcoin but nothing is more than just like in bitcoin i think that ethereum will still at the side being next good coin just like bitcoin maybe eth has no intention to surpass bitcoin.
full member
Activity: 406
Merit: 100
November 09, 2017, 02:20:38 PM
As on date , after bitcoin is something is trending is ETH as it is in the early ages and has got a long way to go. Its got good technology backed by good institutions and even we can see many more changes in the blockchain technology as upgrades will make the interface more user friendly. I will still buy some ETH coins and hold them long as in the long term it will fetch good profits.Trending coin in the future , will keep a close watch on the movements impacting ETH.
newbie
Activity: 24
Merit: 0
November 09, 2017, 12:48:06 PM
Ethereum has seen a huge rise in its adoption as the platform new startups use in implementing their projects.
However, there are other platforms such as Waves that can do the same things Ethereum does ( even easily as Waves does not require any programming skills). Why can't new startups use the Ethereum alternatives? Is there any uniqueness in Ethereum that other platforms don't have? What makes Ethereum the in-thing?

Lots of new project is choosing ethereum platform because through years ethereum had already showcase its advantage versus other platforms.

I agree i see so many coins that are ETH based. I think ETH will have a good future just look how good its doing many coins are made eth based. This means that it will surely rise in the future.
Thats why I will do a investment soon on ETH. This coin will just be like a second bitcoin. Smiley
member
Activity: 350
Merit: 10
💲
November 09, 2017, 12:42:46 PM
Smart contracts would be a nice answer. As you see a lot of upcoming tokensare using Ethereum Platform.

yes, it looks like lately only erc20 tokens are being launched. what's up with that?
newbie
Activity: 31
Merit: 0
November 09, 2017, 11:44:55 AM
The organization of the development community around Ethereum has been great.  Consensys has been a powerhouse in the community and continues to invest into good development, across the whole stack, from development tools, to protocols to end user apps.  I haven't seen that replicated in any altcoin yet though I don't claim to be an expert in altcoins.  I know Tezos, for instance, promised $50m to startups using Tezos, but it's still a far cry from the Consensys team.
full member
Activity: 194
Merit: 100
November 09, 2017, 11:39:27 AM
Ethereum has seen a huge rise in its adoption as the platform new startups use in implementing their projects.
However, there are other platforms such as Waves that can do the same things Ethereum does ( even easily as Waves does not require any programming skills). Why can't new startups use the Ethereum alternatives? Is there any uniqueness in Ethereum that other platforms don't have? What makes Ethereum the in-thing?

Lots of new project is choosing ethereum platform because through years ethereum had already showcase its advantage versus other platforms.
member
Activity: 280
Merit: 10
November 09, 2017, 11:33:57 AM
Ethereum is so special because it is necessary need for new ICOs because Ethereum platform provides the best opportunity for new businesses through smart contract, In smart contract  both parties will be safe from fraud because it is usually works for third party and make safe both parties and the Ethereum technology is the one of the best technology for blockchain and Ethereum has good demand in the market.
member
Activity: 294
Merit: 15
November 09, 2017, 11:30:56 AM
Smart contracts would be a nice answer. As you see a lot of upcoming tokensare using Ethereum Platform.
newbie
Activity: 17
Merit: 0
November 09, 2017, 10:51:55 AM
Because Ethereum takes the core blockchain technology that lies at the heart of Bitcoin, and evolves it. You know how floppy disks were replaced by CDs, which were replaced by DVDs, which were replaced by Blu-ray? Well, picture Bitcoin as a floppy disk. It's slow and has limits in regards to how many transactions can be processed at a time. Then Ethereum is a CD (maybe an improved future version of it will become the DVD and Blu-ray in this evolutionary analogy). It's much faster, and allows for higher transactional volume.
full member
Activity: 266
Merit: 100
November 09, 2017, 11:26:20 AM
Because Ethereum takes the core blockchain technology that lies at the heart of Bitcoin, and evolves it. You know how floppy disks were replaced by CDs, which were replaced by DVDs, which were replaced by Blu-ray? Well, picture Bitcoin as a floppy disk. It's slow and has limits in regards to how many transactions can be processed at a time. Then Ethereum is a CD (maybe an improved future version of it will become the DVD and Blu-ray in this evolutionary analogy). It's much faster, and allows for higher transactional volume.
You got a nice analogy there. Ethereum is like a better and improved version based on your analogy but not really. Bitcoin maybe slow and has limits to how many transactions it can process but that is why there are hardforks. During a bitcoin hardfork, they are releasing a better and improved version of Bitcoin. Yeah it is now a different coin but it is still from the old Bitcoin. 
full member
Activity: 364
Merit: 100
November 09, 2017, 10:40:40 AM
ethereum has many variations of altcoins and more and more celebrities are willing to advertise for altcoins so the ethereum is getting more special for coin business
full member
Activity: 392
Merit: 100
November 09, 2017, 10:24:17 AM
Etherum blockchain has mostly developed itself. because almost all other altcoins used ethereum themselves so ethereum is the founder this ecosystem.
sr. member
Activity: 280
Merit: 250
November 09, 2017, 10:20:27 AM
Is Ethereum similar to Bitcoin? Well, sort of, but not really. If you want to know what Ethereal is, how it works, this guide is perfect for you.
member
Activity: 126
Merit: 10
November 09, 2017, 09:59:41 AM
Ethereum is what we call first move advantage. That is, that it's the first coin of its kind - similarly to BTC, it's the first coin that you were able to transfer value from one person to another, so Ethereum is the first coin that you're able to program. The thing about first movers, is that they are well known and have huge adoption, the higher the adoption the better for the coin. Higher adoption --> more use --> higher price, that's usually how it goes. ETH has already a big ecosystem and had released a standard called ERC20, which all of the projects get accustomed to use and utilize. It is very difficult to change these habbits, people will need to learn a new programming language if they want to use an alternative to Ethereum, which no one wants to do. And the team behind Ethereum is very skilled and experienced, they are ahead of many competitors which makes it even more harder that ETH will be replace, but who know's. We've see so many things in cyrpto land that nothing amazes me anymore.
full member
Activity: 2100
Merit: 174
November 09, 2017, 07:58:17 AM
If bitcoin is the progenitor of cryptos, then ethereum is the progenitor of many tokens that makes up the majority of market activity. I'd also rather trust eth than waves since it is more established and more popular. It's kind of sad though that there has been many issues with it now like the parity attack.
newbie
Activity: 56
Merit: 0
November 09, 2017, 07:56:52 AM
if there is any other coin next to Bitcoin , it is only Ethereum, second it is still in  reach of ordinary man for sale and purchase
newbie
Activity: 20
Merit: 0
November 09, 2017, 07:42:56 AM
Like Bitcoin, it's a trend setter. The first of its kind. A big plus is the great leadership and devs. I'm still wondering why Vitalik chose to create solidity instead of implementing multiple languages like neo did, but regardless I have a great deal of faith in eth. Buterin will probably the one to deliver crypto into mainstream.

What about Dash how is that?
hero member
Activity: 914
Merit: 500
November 09, 2017, 07:12:00 AM
It may become "so special" in Future. Vitalik Buterin and his team announced that they are planning to burn some of ETH. In plans to take fees from app based on ETH blockchain.  Shocked
If they do this - the price of Ethereum will start to be an Adjustable and Controlled. Good for Ethereum in total but bad for creators and founders of projects who chose Ethereum blockchain.
full member
Activity: 546
Merit: 100
November 09, 2017, 06:55:26 AM
Ethereum differs from other cryptocurrencies and from Bitcoin either. It uses its own internal code, which theoretically allows calculating the entire mathematical model of the system when the one who want to do it have computer resources and time.
The transactions’ time of ETH is very short — several seconds (10-60 seconds)
legendary
Activity: 1232
Merit: 1000
November 09, 2017, 06:44:33 AM
I think that ethereum is the most really demanded crypto as of now. So many projects are based on ETH platform, so many partners even at governance level. Buterin is a genious. This all makes ETH special imo.

It may become "so special" in Future. Vitalik Buterin and his team announced that they are planning to burn some of ETH. In plans to take fees from app based on ETH blockchain.  Shocked

The price should rise due to this statement.
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