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Author Topic: Ethereum met its fate, pay respects and focus on future  (Read 2100 times)
btbrae
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June 26, 2017, 11:16:55 AM
 #21

One problem is that the ICO circus has a centralizing effect on the network. Whereas Satoshi's ideal was for Bitcoin to be as distributed as possible, Ethereum has become more centralized due to funds being removed from the many participants of the outer layer and placed with few participants in the inner layer. It is much like a whirlpool consuming the surrounding ocean and growing in size as it does it.

It's yet to be seen but if those companies who until recently were worth millions suddenly see their funding potential dry up, they may all start running for the exit at once.

tl;dr bottlenecked network model, centralized ICO model, will probably be replaced by something else...
Multatio
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June 26, 2017, 11:20:38 AM
 #22



Because of hype my dear. Because if Ethereum switch to PoS and there is a minimum amount of ETH, I can tell that it will moon, because at the beggining, staking will be very easy and everyone will rush. You must out think if you want to succeed.
So sell it and buy after POS. Now you loose money every day.

Why ? If price is low now and high after PoS, this is the inverse that you must do !
selline
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June 26, 2017, 12:31:22 PM
 #23

Which other cryptos would offer similar functionality as ETH without grinding to a halt?

Which other cryptos would have a scalable solution without network congestion?

I think Stratis is the most obvious contender to overtake Ethereum, but Tezos looks interesting too (ICO starts July 1st) even though I am not sure I understand the white paper correctly!

I am sure if the Ethereum will meet with good fortune so would make an honor with a happy future descendants, because the price of the higher values if there are other competitors who can pursue the Ethereum it only while only a few seconds can no longer Chase
marviner
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June 26, 2017, 12:37:52 PM
 #24

DENT ICO Pre-sale begins in 60 minutes --->  Ethereum Blockchain will grind to halt.
HaXX0R1337
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June 26, 2017, 12:49:37 PM
 #25

DENT ICO Pre-sale begins in 60 minutes --->  Ethereum Blockchain will grind to halt.
Is DENT a very big project,i just saw their white paper ,a hundred billion coins ,i really though i was reading the wrong thing,yes they do have a total supply of 100 billion coins,it might be a record in the history of crypto currency or may be i am wrong,but i usually leave those unlimited number of coins .
Will that really dent the ethereum blockchain, it might,who knows.  Cheesy

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Marma Kalari
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June 26, 2017, 12:49:50 PM
 #26

And why again do you desperately need App's on a block-chain again ?
It is simply because they can chunk out any number of coins,invite people to invest in them and make money for themselves. Cheesy I am not here blasting everything because i have invested in some,real purpose is to make the most out of the current market and not because i like the novelty of the project. Grin

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