Bitcoin Forum
June 21, 2024, 02:19:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Ethereum vs All Ethereum's Competition: What is the difference?  (Read 73 times)
l_i_g_h_t (OP)
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
December 22, 2017, 06:17:26 AM
 #1

So Ethereum is the first one to do the smart contract and they have an extremely high value coin. I've been researching a ton of alt coins and when I go to their web page almost all of them talk about smart contracts and decentralized apps, etc, etc, the same stuff that Ethereum does.

What am I missing here? Why would a company looking to develop an app use one of these random new companies over Ethereum?

Is Ethereum probably gonna survive while all these clones eventually fade away?


ikkyu
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
December 22, 2017, 06:23:20 AM
 #2

This is a good talk to watch: https://www.youtube.com/watch?v=Ja9D0kpksxw

Ethereum has some problems with scalability and also some problems with the security of the Solidity language for writing smart contracts. Maybe they can be resolved with future updates of Ethereum, but there are also other people who want to try out their own solutions. Ethereum wasn't the first, there were smart contracts on the bitcoin blockchain too.
l_i_g_h_t (OP)
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
December 22, 2017, 07:58:41 AM
 #3

Thanks for the info.

Gonna watch that link.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!