Hahahahaha
That will be interesting to see how that plays out for the Ethereum folks...
You know I have no problem with Ethereum adding value to the crypto space; however, it can be a little bit irritating for some subsects of the ETH space that attempt to engage in passive aggressive competition with bitcoin.. and little sly assessments and approaches to denigrate bitcoin.. while overhyping what it is that the scammy vapor (ahead of its time) that they are offering.
I WAS ok with the idea of ethereum, well, as an interesting concept, and idea (and not a "bitcoin 2.0 currency as the main goal for the g0ldz"). But.
That ended after the "IPO" of the first ether batch sale (sale? more like give us your bitcoins for this would be, thing) - premined presaled of an obvious speculator scamcoin 16000% return in 3-6 months bullshit -, with arbitrary, non defined, "will see in the future" monetary policy (?), like, what are the consensus rules are for new coins?
Bitcoin had a fixed, well known, open, obvious - still unchanged - monetary policy on day 1 - should i say day 0? Oh, Genesis block it is
Than this PoS ethereum mutation idea, with a combined premine and presale before it is known?? So not cool.
THAN it started this "bitcoin 2.0, so smart contract, much DAO*".
* yeey, we can make companies without state provisioned governance, which is a great concept, but without any social precedent or theory behind it how it actually will solve: clear business plans, or expertise, and/or accountable management goals and/or actual PEOPLE who grab that fukin' hammer and hit nails, but that is okay, because... we can always opt out our DAO-ether for bitcoin
(except if we actually participate in a vote with YES/NO, cause than we are fucked)!"
The interesting parts will be available in bitcoin as well on any sidechains/LN solution in a few years, when the market in REAL LIFE actually want to start micro transactions to turn on water heaters for airbnb style renting.
This whole shared computing (other than unnecessary and technically unfeasible in scale btw..) and DAO concept is waaaay premature/unnecessary, like a baby born on -46 months. IT can not fix some physical problems like: how to network secure properly a guy digging a hole, and fixing that plumbing toilet waste. Oracle/Ghost that
TLDR; so even if the automated application running environment fueled by the token of ether provided by it's network in theory is nice, and interesting, it mutated into a wannabe bitcoin, without any of the elegant simplicity and scalability - by adding additional layers on it - of the Bitcoin network.
Poll
