Bitcoin Forum

i just had to transact 2.05 waves from yobit to waves decentralised exchange,

de facto: from exchange plattform A to B,

i had to pay a fee of 0.002 waves which is 0.028 USD

the transaction between two exchange plattforms happened instantly, like less then 5 sec

now with ethereum this would have taken at least 3 hours, and the fee would have been

3.48 USD thats 12429% more so ethereums fees is more than 124 times that of waves and the speed is horrible,

why are people still so obsessed with ethereum, and hold it?

you should take this new reality serious and hold waves instead of ethereum, if you want to get long term profits,

leave ethereum for waves before you will be overrun by a new reality, and end up with worthless ether


regards

im with you, im leasing waves. All operations are instantly. With smart contracts, waves explode.... faith..

jes the market information inefficiency is amazingly crasy and this makes waves currently a huge opportunity, switching from ethereum to waves, for better tech and higher efficiency is there fore a smart thing to do currently,

the competition between exchange plattforms will lead to a more cold evaulation system, where gas isnt as overvalued as currently, and were the vast waste of ressources like with bitcoin wont be rewarded that strongly anymore.

with the electricity wasted on bitcoin we could have produced a ton of real consumer products.

regards

Nice attempt to try to hype waves, but you are right, waves is much more better, only that they do not have smart contracts in there, and there are some ico's who are trying to create their tokens in there.

But most of those projects are a failure, because those tokens are shit, they can not even create a smart contract in there.

But anyone knows why ethereum fees are so high at the moment? It is pretty annoying, seriously.

$2 for a fee of ethereum, that is crap.

I sent ETH the other day and it was showing up in just a few seconds but it's based on block-chain
and i don't like that with the current data structure because it does not scale and it's contracts
(Little apps) seems like a bean counter to me and will count beans, put them in a block-chain
and charge lots of "Gas" but is not much use for anything else.

No not the best fan of ETH but something is going to be using ETH as a start before it gets going
and that's going to be massive but i think it will take two years to get going, not a fly by night
like what we are seeing now.

So tell me more about Waves and is it faster that IOTA that can do 100 TPS which is
still well, well slow in my book

i am not hyping waves i am trying to get the stupid market to finally update its information efficiency,

smart contracts are in my oppinion not significant, you can make also a contract the old fashioned way get it signed by each party and then store it as a pdf,

has same legal meaning, i think you are overhyping this, plus i think smart contracts can easily be implemented anywhere and there will be plattforms specialised on it,

it still will not secure the value of a smart contract, paper contracts are fine too.

just because you IT freaks arent capable to work with them... ::)

regards

Crap, crap you say because i can mention the name of a coin that's costing $45 per transaction today
and i think you know which one i am talking about.

Not sure how you can piggyback a currency if it does not allow contracts and i am after something were
you can deploy full blown applications and not just bean counter so where should I be looking and if
you think that's asking too much then you have no concept of what is around the corner (2 years at guess)
because it blew me away but i cannot buy in, sold out already  

For the fee complaint, you're right. I can't oppose you here for the fees. But remember it was possible to send ethereum tokens and ethereum to another person by spending only $0.02. Cryptokitty thing ruined this somehow. I don't know why. Then waves platform is not that amazing because there is no smart contracts in waves.

oh dear, it's clear that you are out your depth and don't know what your talking about and yes I know that's upset you but send me
some love 'en' kisses and I will let you in before you make yourself look a bigger fool

everthing can be contracted you IT freak, just write it down on paper, a digital contract, can also be not fullfilled as one on paper... ::)

what is so valuable about "smart contracts" are they another stupidity, like "open source corporation" of eos?

why does a contract has to be vaulted in a blockchain it can also be certified put into pdf and set online into some form of vault, dont understand your obsession with it.

Yes DNS serves, File system, anything and you just write it down on paper and post it too the accounts department

Keep going but without love en kisses I will continue to let you make a fool of yourself and you will even laugh
at yourself when you "Get it" so come on, pucker up them lips

i currently dont see any use in "smart" contracts and dont understand why you call them "smart"

if 2 anonymous party do a smart contract without a "central" legal authority,

at any point of time one of the anymous parties can drop and not fullfil this contract,

for me this sounds like a nother blockchain stupidity like "open source corporation of eos"

as if its so easy to find people to work for a company while everyone is watching what they do...

I think the transaction fees are related to the traffic on the exchange. there so many etherium based contracts so I can understand the higher fees but it is not even safe any more I think because of the kitties and hackers. what is name of the waves based exchange?

waves decentralised exchange,

ethereum not safe anymore?

wow thats new to me

regards

oy, don't tar me with the "Block-Chain" madness because i keep saying it's BS and won't scale
because i know how to program and we have this thing called "hierarchical" and that does not
make it centralized and therefore under the control of the government or big brother.

Transactions per second
BTC=7
ETH=15
IOTA =100 (Not block-chain but still too slow)
VISA=25,000

No sir, don't you go mixing me up with them or any of the PoW academic BS they are pedaling

"Waves uses trusted gateways to issue blockchain tokens"

oh look, move in right direction, coordinators, nothing wrong with that and " proof-of-stake "
because nothing, but nothing can be worse that PoW but BTC was fast when it only had 10gb of
data on test-coin but it does not scale when volume or size get bigger, it's not hard to see.

Now dont get me wrong, I love ethereum for it's core technology and has been using it for about a year now. Most of my fund is in eth base asset.

Recently a friend of mine is about to launch his ICO but had to abort release using ERC20 token due to bad traffic and jump onto Waves. (goodjob kitties huh). Despite having to loose smart contract autofunction + sided 1 of his co-founder to do the manual token transfer, they might have gained from economic side through saving and wider choice currency on waves wallet.

The -ve on ethereum effect was unrealistic that over marginal network coverage area, I couldn't connect to MetaMask main ethereum network for hours sometime. This did not happened before (2nd week Dec onwards was a frustrating period for me).

Unless there is something done to improve speed over ethereum network, we would see more migration is acceptable by the public at large. Adding to the torment - there are few more digital pets are about to launch as well.  ??? ???

The fact there is no a lot of txpending in the network, There should a proof for this and OP should have tried to provide it.

OP can you give me your transaction hash?
That doesn't make sense at all.
Look at this one how the transaction with only 21 gwei or standard fees gets confirmed just in seconds. https://etherscan.io/tx/0x86cf00c60a7e7f8319985b8c39537f93b94a96439ba599c097e46cf3586da316
The waves fan hates ether just a usual thing lol.

waves is good coin and open service same with ETH , token service
but all dev and investor not interest use waves platform

not obesession, because market interest use ETH platform

then its a form of fixation,

because they are more efficient alternatives.

Well, waves might just compete with Ethereum and become an equal rival if it keeps up like this,
maybe by end of 2018 waves will overcome ETH who knows

Nah, and here's a tip for the future.


Pitch the benefits and great features of your shilled coin without resorting to attacking another. That's the sign of an actual confident program and marketing team; as well as confident investors. Any time 90% of your pitch is "Fuck THAT coin, leave THAT coin and come to THIS coin over here" you look like a fool trying to ride someone else's momentum. Or basically, a "Me too" coin.

So long as you stick to that approach you will always be the stepchild instead of the star.

Yes, so you want me to put some coins in this slot machine just so you can get paid out on the IOU it owes you.

Tell me what makes this slot machine look better then the one next door apart from it does PoS and not
PoW but does not do contracts like ETH

No transaction fees ever maybe or is this one a special one that sell holiday vouchers at discount prices or something

i am not marketing for them i am just telling in this forum what i observe, i use currently both ethereum and waves,

Yes well said mate

The bloody coin I want sold out in 20 second and even if I got some it would not start to pay off for two years
so yes, the bankers are throwing us bones but being a developer I see things the arcade game players would
know nothing about.

But you said ETH took ages when it only took seconds for me and you think that a contract is a .pdf document so
i am still waiting for my kisses from you, cough up

All these block-chain systems work fast when not under load or the database is empty but they will not scale

I stopped reading at the point quoted. NO. You are spreading FUD. It would not take 3 hours to send Ethereum and with low fees now you could even send for less than $0.1 USD. Granted, that is still more than what you claim waves can do, the big difference is that Ethereum is here and has mass adoption. If waves can't even spend some money on marketing so that the world knows about it what makes you think i will believe in them at all?

My opinion is that Ethereum is here and now. No use reinventing the wheel with waves.

people are getting crazy....

are you serious? you want to have ethereum as the worlds only blockchain encription plattform?


i see it completely different,

why should the gas be most important? i think its better if the enterpreneurs behind those currencies are important, and the encription services and the gas for it just marginal and easily exchangable,

if you would win it means, not that productive enterpreneurial behavior is beeing rewarded, that boosts the worlds economic output,

but that stupid market attention, and "gas" for transaction of one established plattform is significant.

regards

Gas is paid for in ETH and is used really as a deception so that anyone using ETH to host a alt-coin will have trouble
understanding the billing system for the new token

it's based on resources used in contracts (These are not .pdf files like you said they were)

if you use ETH to host your shitcoin inside a "Smart (My ass) contract" then instead of saying it costs $0.01 to store a number (int32) for the coin amount
in the block chain they say it will cost 21.01 gas but later the price of gas is increased so instead of paying $0.01 it goes up to $0.55

So who can understand 1 ETH = $700 and gas is 0.00002000 and it costs 21.01 to just store a number and
this is by design but ETH offers something, hosting beans in a block-chain however your Waves and BTC don't
really offer anything in return apart from being a store for Hen's teeth but one is fast and cheap for sending them
(For now) and the other is expensive and slow.

All three are crap because they use a block-chain and therefore none of them will scale

ok for now i only understand that smart contracts are programmed computerprotocoll overviewd agreements, meaning the computer tells someone as soon a part of the contract is not met,

so if i had an agreement with you that i pay you 1 btc today, and you pay me back 0.1 bitcoin back every month,

the smart contract observes the process and tells me and you when something is broken?

wow great that means a smart contract is some form of helper that tells me when somone doesnt meet his obligations,

well we can observe enough protocolised software for contracts like this, i bet this kind of service will exist on all plattforms and on countless apps, on all mobile phones then,

no idea why we need this ethereum fixation

in the practical reality contracts cant that easily be defined as those ethereum freaks think, contract fullfilments are very though to interpret, and furthermore, there is also the case of not fullfillment, there is also interpretation needed which is quite thought,

this term "smart" and "contract" is completely misguiding, its just a computer protocoll that observers transerfers and checks weather they are as they are planned,

but its useless when it comes to contracting the construction of a building, because the norms and regulations are very though, and when you dont get a contracted company or if you have luck you get one only under tought limitations, they simply can tell you that "higher powers" have caused them not to be able to fullfill.

i am sceptical about this topic and it should be called "smart contracts" at all

regards

I think it is because people thinking that the ethereum is the best coin after bitcoin and they are hoping ethereum will give the big profit in the long term. but they need to spend more fees to send the ethereum from one exchange to another exchange. for waves, I agree that waves have a big chance to bigger like ethereum and waves need more time to grow. but I see that waves is a good project and until now the dev is really serious about the project and works hard to maintain the project. so both ethereum and waves is another long term investment for us.

To each his own. There is a lot of people that dislike waves as well.

Waves is a nice choice but with not that much demand for it, there is no need for the competition.

I like waves and got some way back when 8). Only have a little and think it will do great next year, but it will not do better than ETH,IMO