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Author Topic: Ripple to compete ETH and EOS with Codius  (Read 169 times)
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June 07, 2018, 02:19:04 AM
 #1

Ripple wants to compete the like of ETH and EOS with it's own smart contract platform Codius.
They have already competed the rough coding.
https://www.coindesk.com/ripple-smart-contracts-creator-targets-ethereum-new-tech-launch/

What do you think would be the market orientation after ripple introducing a new generation coin in smart platform sector?




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June 07, 2018, 02:38:35 AM
 #2

Ripple wants to compete the like of ETH and EOS with it's own smart contract platform Codius.
They have already competed the rough coding.
https://www.coindesk.com/ripple-smart-contracts-creator-targets-ethereum-new-tech-launch/

What do you think would be the market orientation after ripple introducing a new generation coin in smart platform sector?


So, ripple was changing its direction from the open payment platform to the smartcontract? Ethereum wants to compete with another scalability blockchain through implement its first and second layer scalability solution in the future.
I should not count EOS as one of them because it has fully manipulated by the developers. The competition will be very strictly soon.

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June 07, 2018, 02:42:11 AM
 #3

Now the question lies on trustworthiness.
Ethereum is much more decentralized than its competitors while EOS is depended on limited nodes.
I don't got it clearly but seems like Codius too would be depended on limited number of nodes which in future can lead to manipulation by a small group of people or employee of a single company.


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June 07, 2018, 03:22:42 AM
 #4

I had no idea about that. Very interesting. When Ripple passed BTC in market value I sold everything and never bought it again. This new option seemed interesting and I will read more about it. Maybe I'll invest again. But it's always good to remember that ripple belongs to another category. And compete with options that go beyond cryptocurrencies. Since it is a centralized platform, controlled by an owner and with no plans to change.

It is not in the same category as ETH for example. And yet be able to be a successful company with their token worth nothing.
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June 09, 2018, 10:20:32 AM
 #5

So, Ripple is now introducing the smart platforms. That’s a very innovative idea. Let’s see how this project performs in the market.
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June 09, 2018, 10:27:10 AM
 #6

This is good news, it can boost up the Ripple price in the coming time. The competition will be fiercer. Waiting for the fluctuations.
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June 09, 2018, 11:05:19 AM
 #7

Yes, we will be able to obtain good solutions for data exchange between different blockchain through Interledger, and this can become an alternative to smart contracts from ETH.
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June 09, 2018, 11:12:20 AM
 #8

this will surely increase the price of the new system. But I still do not think you can compete with ethereum. we will get that answer better and clearer in the coming days
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June 09, 2018, 11:13:50 AM
 #9

The original is still the best. Ethereum is still the best platform when it comes to ERC20 token. If ripple is to compete with ethereum and EOS, it will still take time to perfect the development with COdius. By that time, ethereum has already been miles ahead of its competitor.
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June 09, 2018, 03:14:17 PM
 #10

I believe that Ripple will win. It has a great prospect in coming days and its smart contract will be acceptable by most people.
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June 09, 2018, 03:14:35 PM
 #11

Ripple wants to compete the like of ETH and EOS with it's own smart contract platform Codius.
They have already competed the rough coding.
https://www.coindesk.com/ripple-smart-contracts-creator-targets-ethereum-new-tech-launch/

What do you think would be the market orientation after ripple introducing a new generation coin in smart platform sector?


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June 10, 2018, 03:20:34 PM
 #12

The competition will be worth eb=njoying I think. Both eth and Ripple is growing fast but Ripple introducing a smart contract might take it way ahead. Eth is also growing fast. Lets see who wins.
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June 10, 2018, 04:02:44 PM
 #13

Ripple already has a smart contract? Very interesting. In addition, I previously read that ripple want to make a decentralized coin. In this case, considering all this, as well as the huge capitalization of ripple, competition is planned to be tough. True, ethereum has long proved itself very well and it is unlikely that there will be many who want to switch to the ripple platform and use its smart contracts.
However, the popularity of ripple and the demand for this coin will rise very much.
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June 10, 2018, 04:57:20 PM
 #14

Actually I think that the market will see a tough competition among these coins. Ripple has done a lot of advertisement and it has also earned the reputation on its coins so it cannot be ignored totally. Moreover these three coins are new and contemporary so competition is must. But I think Eth will be ahead of these two at first.
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June 13, 2018, 02:00:52 AM
 #15

This would being tougher competition on already crowded smart contract and dapps platform.
Though a good news for the technology, it would jeopardize the investment in different coins.
Ripple is a powerful company and anything they bring will have relatively larger attention than others.
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