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Just saw this article on facebook and it's written by the chief scientist of cybermiles.

https://medium.com/cybermiles/cmt-vs-eth-c7eea2b03632

Thoughts??? Planning on reading the whitepaper to what it's about.

Cybermiles seems to be a good project but it's still too early for it to compare it with Ethereum. Though these new tokens may be much useful than ethereum and it's platform but ethereum already has a huge market which is hard to replace by new coins.
There are so many new alternative to ethereum that a developer cannot decide which to choose and would probably stick with ethereum.

I think with them, they're building it on the ethereum blockchain, but they're planning on creating their own blockchain. Just based on their chart, I can see so much more potential, especially with transactions, escrow, and the supply chain (doing something similar to ambrosus but with goods). Another good point is that their ecosystem contains, sellers, buyers, and arbiters. From what i read, arbiters get paid to solve disputes that traditionally would be a department at paypal. Cool features being implemented and will definitely change the ecommerce game when it's commercialized

there is a big different between Eth and CMT
and i think thats not fair if we compare eth with cmt

I think it is a crime to compare the two projects, if CMT or whatever can match Ethereum past it will be huge for the platform, Ethereumis the new wanna be, before most of these project are aiming for Bitcoin but when they see it is a tall order they scale down to ethereum

Actually CMT is good coin today it big pumping.But Ethereum is always extra ordinary and I think ETH is next BTC I believe this.So why you compared between ETH Vs CMT.It's very funny thinking.

It doesn't matter much eth was the first of it's type in the industry which is why it has such a huge market cap , the supply is a issue but the price still seems fine. Regarding transactions it is still faster than many alts out there. These features might be better than eth but as of now 100's of coin are better than eth but it still remains on top same way here people won't sell eth to buy this if they do make cmt better the price will have a positive effect and nothing else.

Crime for what this comparison is just done to show features of their coin and how other coins stand against it.

It will just be huge it won't be eth right away it will take months of hardwork for something to occur similar to this.

Exactly it doesn't make any difference weather you are better than btc or eth. And also eth defeating btc still sounds like a dream.

CMT seems great and all but aren't there like 6 other coins trying to do what ETH does but better? What makes this any different than all of them?

Just read the whitepaper. IMO, what makes them different is not only the technical details, but what they plan to do with the blockchain. Ecommerce is a trillion dollar industry and since their blockchain is made for that, that's a big move.

Based on the whitepaper, the ecosystem is moderated by the community of sellers, buyers, miners, and arbiters. arbiters are the most interesting because they get paid CMT to dispute resolutions, where companies like paypal have a department to do it (and it wastes a lot of time/resources). A good selling point is that they're going to implement it on 5miles the app, so you're getting a live time case study of how it works. Then i think theyre going to commercialize it for businesses.

Something that I'm curious about is that they said people can have ico's with CMT. Definitely watching this one

I've never heard of CMT before and that article looks like a paid advertisement. None of these new generation coins can pass Ethereum. This type of comparison is not very useful.

Well i'm not sure if it's a paid advertisement, but it is written by their chief scientist. It does bring up some flaws of the ethereum blockchain tho imo.

what is CMT ? can you share the link to the thread so i can get more info about that coins
since i see the articles there it seems CMT has a potential compared to ethereum

These are what I found on here:

https://bitcointalk.org/index.php?topic=2324603.0

https://bitcointalk.org/index.php?topic=2309872.0

But honestly, what helped the most was just reading their whitepaper. Pretty easy to read and pretty thorough. There's a lot of features in there that a lot of people don't know about. I see a big future for cybermiles. https://cm.5miles.com/file/project/Project%20white%20paper_en-US.pdf

Well it is obviously way too early.

They say that they are aiming for decentralizing the online market place which is not really what Ethereum's main selling point is. Right now ethereum is primarily used to issue tokens and conduct ICOs on, and this isn't a focus for cybermiles at the moment.

Plus, there is definitely a lot less recognition of cybermiles vs ETH, at least now.

In my opinion these kind of comparisons are basically bull*hit. Do you know why?
All these incoming projects are just ether imitation.
Ether was something very new back in time. That was the reason makes it special.
Even better apps/chains cannot beat it that easily.

Yes they are all trying to be the next eth, most won't be the next eth. Looks like a lot of projects try to concentrate on better scaling.

Ethereum is more of a general blockchain, but it looks like cybermiles is just honing in on ecomemrce/marketplaces. I think ethereum is great, but it does have its limitations with specialization because it requires extensive development to enable certain functions. I think cybermiles is coming in and modeling ethereum and just making it better for what they're trying to do. In their whitepaper, I saw that people will be able to conduct ICO's on cybermiles in the future.

Overall I don't think they're trying to say they're the new ethereum, but more so that they have features that are better than ethereum for ecommerce/transactions/marketplaces/auctions.

Sure, this project has great concept, I'll give it that, but damn, it surely is still to early to compare it to etherium. Because as we can see, etherium has already gone a long way. And is clearly bigger than this one. But nothing is impossible in the crypto world. So let's just wait and see for now. And maybe after a few years this coin really reaches the moon. But for now, i don't think it deserves being compared to etherium.

that article created just to make a hype for that project,
no matter how good that project it can not be compared to Ethereum,
because Ethereum already showed us their legitimacy and that project yet to prove us something.
at least for now they can not be considered as Ethereum competitor,let see what they can show us in the future

I agree with this one. Although it may be a little early, what helps is that it's built on ethereum. From there it looks like they're going to build their own blockchain which is fascinating. Ethereum paved the way, now it's just time for them to execute. Based on the table, it's pretty doable. I am in on this one.

Wait, so just looking at this post, can someone give me a breakdown of what cybermiles is?

Read the whitepaper: https://cm.5miles.com/file/project/Project%20white%20paper_en-US.pdf

If you don't want to read, then there's a bunch of youtube videos: https://www.youtube.com/results?search_query=cybermiles

These two things are different in a lot of ways. But I think it would be better if you would go with ETH.

I think they are different, but it's interesting that cybermiles is coming in with an edge. They're not claiming to be ethereum, but better for ecommece than ethereum. I think that's pretty clear. besides the semantics, this one looks good. Planning on jumping in. Dapps are the future of blockchain: https://www.huffingtonpost.com/entry/3-ways-decentralized-apps-are-revolutionizing-online_us_59dc7e60e4b060f005fbd69e

Was surprised at first by the chart, but I can really see the potential especially since they're meant for ecommerce. I grabbed this from their other thread and thought this summed it up:

CyberMiles is a new blockchain protocol designed to empower the decentralization of online marketplace and e-commerce platforms, and fundamentally change how business can be done. With CyberMiles, our goal is to incorporate blockchain technology into the real world, highlighted by the following features:
• A “master token” for e-commerce, enabling other e-commerce platforms to run on our chain
• Hold a large library of “smart business contracts” & modules, making decentralized processes simple
• Secure, encrypted decentralization of user data, protecting network users from cyber attacks
• Ensure transaction security & efficiency with “escrow” payments backed by CMT
• Establish an alternative credit system to facilitate small business & personal lending

Competition is always good. Time will tell it's too early, imo.

The two coins did not comparable it, eth development and publicity are cmt can not be compared.
 :(

But I wouldn't compare them on those two factors. We all know ethereum is king, but for ecommerce applications....not so much.
Cmt is meant for marketplaces, so the performance definitely matters in things like transaction speed. Have you guys looked into the ecosystem of the blockchain? It is very impressive and you can mine/start your own ico off of CMT

The personal lending and information stored such as credit is a very interesting idea because it already replaces so many other ico's in the market right now. So much potential with this one. Everyone saying it's too early, but it's always early especially when bitcoin AND ethereum both came out. Heck, the idea of ethereum was on a whitepaper lol.

This is truly a fascinating idea. I can see all of the applications. Upon looking at the medium blog, I found out about even more features. Very excited for this one

Any videos about them??

Tons. Just youtube it lol. But to save you some time, here it is:

https://www.youtube.com/watch?v=NewVjjJp4cA

https://www.youtube.com/watch?v=z8hGaqskTFA

Has anyone else looked into this? I see a lot of comparisons with electroneum vs ethereum, but I think this comes closer. And with the parity compromise today, blockchains like cybermiles shine even brighter

There's  are have difference but we don't need to compare that two .

I think it's interesting that they are comparing the two. i mean just based on the wp their blockchain is optimized for ecommerce. they will have mining and people will be able to have their own ico's on it. looks like it can be compared to eth. I'm more interested in the idea and capabilities. Cybermiles will put big guys like ebay out of business (and i'm looking forward to it)

the hard part is actually the adoption, not building something that ticks a lot of boxes.

bitcoin is the best example for that.

There's a lot of difference of this two

Cybermiles is looking good based on article even i dint know before reading article about Cybermiles. There is still waves and NEM is competing with ethereum buy giving more functionality and less transaction fees . Even they are struggling its too early to compare CMT with Ethereum platform.

Ethereum is checked. ETH has a huge market and is second the best coin. CYmbermile seems be good and new tokens may be more useful. But ETH is base.

I agree with this one. I read somewhere that once they implement it onto the app, the userbase will be larger than ethereum.

Cybermiles is a good project and has great potential but comparing it to eth as of this moment, i guess its a bit odd and they both are on different planes.  Cybermiles have amazing aspects and maybe in the near future it can overcome eth, we will never know since everything in the crypto community is uncertain. Although, eth have already established itself and gained a lot of investors and adopted by many icos hence, comparing the two isn't right as of this moment.

I can see why they compared the two--just to give everyone an idea of the potential of cybermiles for transactions and mass adoption. Fair or no fair, they do raise a good point of the weaknesses in ethereum. I'm solely goin in on it for the idea, team, and partnership. Those alone are all pretty badass.

this is definitely an interesting project. I'm going to keep an eye on it for the next few weeks

Just saw that they posted tis video which was very helpful: https://www.youtube.com/watch?v=PjyenWvfXFE

And for a more detailed breakdown, this article is the best: https://medium.com/@arno.stulens/changing-the-whole-e-commerce-business-on-your-own-cybermiles-c4ced96bc045

I think the best indicator of any project is from the mouth itself. I looked into cybermiles and saw their AMA a few hours ago: https://www.youtube.com/watch?v=X1oZVOPUux8

I do have to note that this project is very interesting and holds a lot of potential because of the scale they would launch at and the need for this.

I have the same opinion. I read some good review also about CMT, its sound good new project.
Good project is not enough to gain big marketcap. Recently there some good project fail to build their project becuse of not much marketcap.

It's not easy to be the competitor for the ethreum itself, as you can see about the fact that the only competitor for the ethreum was bitcoin and bitcoin cash. There is no another competitor for ethereum.
Especially the new coin with nothing to show for us.

Xtrabytes has better specs than CMT and is further along in development. It completely does away with POS and uses a completely different consensus model that solves 51% attack. So.....if you want to boast then you got the wrong project.  ;D

One thing I did find interesting is their partnership with 5miles. Once the blockchain in implemented, their user based is kickstarted with 12 million users, which already beats ethereum's userbase. At the same time, they do point out flaws in the ethereum blockchain, but I do get that they are specializing in ecommerce.

Competition never hurt anybody

I dont know why that website make that funny comparision.ETH is the top biggest coin in the market and CMT is just a new ICO gonna happen. I dont think CMT can reach to what ETH have done for crypto market.  ;)

I have no much info about CMT but I know that ETH is more better than CMT becaude Ethereum is also a good currency and also give help to the economy, and also the ethereum is giving a help to increase the users of crypto, because the impact of ethereum is giving a good effect. Also it is a good effect to the market when it is sale.

I don't think at all the coins that sounds new to me ie CMT can compete tightly with Eth, I still believe Eth is the best altcoins and at all I don't think it will really going up until it can compete with greatness of Eth in the crypto market. Obviously I think the most people are still prefer on Eth instead of CMT.

I agree this too.

I'm gonna check them out, seems like a real solid offering doing some unique stuff

Ethereum has the most potential to get a high value when it's due. There will be more people wanting it if the price goes past $400.00.

I see a lot of progress in this one. Anyone join their telegram group? They're very active and I've gotten the most info on there.

I'm in the group and they're really proactive about troubleshooting and answering questions. Also, they have different telegram groups for different languages. Very nice to see a token focus on global reach as well.

The personal lending and information stored such as credit is a very interesting idea because it already replaces so many other ico's in the market right now. So much potential with this one. Everyone saying it's too early, but it's always early especially when bitcoin AND ethereum both came out. Heck, the idea of ethereum was on a whitepaper lol.

Of course to compare the running project and one that is still in development does not make sense. But CyberMiles has focused more commercial direction, which with proper implementation will give a clear advantage, but only in the field of commercial transactions. I hope the team will step it up a notch Ethereum

Dont compare a fish to a proven whale,Ethereum has a lot of achievements from the past years,this CMT is just a new coin get back here after CMT proves anything.

One the most important feature at that table is absent - the founders. Ethereum succeed mostly because of Buterin. There are a lot of smart contract platforms, but nevertheless ETH remains and will be the number one for very long time imo.

I think ETH is the best altcoin and the most people still prefer on ETH instead of CMT.
And ETH is more better than CMT, because ethereum is really good currency and ethereum giving a help to increase the user of crypto.

The articles has nothing such proof to offer. And with Viltalik Buterin almost at the top of Ethereum scene, I'm not surprised that this coin is really popular not just because of him, but the development and the features that this coin has to offer specially its smart contracts. As for CMT, I agree, its too early to tell, Ethereum has so much head start already, its really hard to overtake it as of the moment.

As I have said, CMT has a lot to do if they want to take Ethereum at least. Another advantage of Ethereum is that they have already established as alternatives to bitcoin in forms of ICO investment. And most ERC20 tokens are based on Ethereum so that alone is the biggest hurdle that CMT has to overtake if they want to challenged Ethereum.

Tomorrow Cybermiles have a press release of main net,  something like a live broadcast.  There you will be able to learn what they suceed and which next steps should be done to make them top player.  Claiming to be 100 times faster than ETH is a big deal.