Ethereuming (OP)
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August 11, 2017, 11:46:30 AM |
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Why so many altcoins use the Ethereum Technology?
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Red-Apple
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August 11, 2017, 12:58:14 PM |
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in this market new altcoins have always been created based on the succeeding rising altcoins. for example someone creates a coin called X and its price goes up to 10BTC in 3 months. now everyone creates a new coin and call it Y and say we are like X or we forked from X and are better than it.
in case of ether and the projects built on top of it, the above is one of the main reasons.
it is also because most of these are smart contracts and ICOs and creating those and doing a fundraising for your scam ICO is super easy using ether rather than anything else.
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--signature space for rent; sent PM--
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Ethereuming (OP)
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August 11, 2017, 02:58:45 PM
Last edit: August 11, 2017, 03:12:26 PM by Ethereuming |
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I also see that some are flying lately (huge gains...) Gas, OmiseGo... I personally invested a bit in OmiseGo. We will see what happens...  |
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coinfinder000
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Swipe
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August 11, 2017, 03:21:00 PM |
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Why so many altcoins use the Ethereum Technology?
I am not a tech guy, but all you want could be found at Ethereum WIKI. |
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pey
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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August 11, 2017, 03:29:19 PM |
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Why so many altcoins use the Ethereum Technology?
The reason for that is not entirely its technology, they are now most advanced platform for creating decentralized applications but there are no big competitors in the market now. |
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Ethereuming (OP)
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August 11, 2017, 03:36:39 PM |
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Why so many altcoins use the Ethereum Technology?
The reason for that is not entirely its technology, they are now most advanced platform for creating decentralized applications but there are no big competitors in the market now. I'm not a big expert but maybe if there are no big competitors in the market now it's because Ethereum is not so bad... |
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xiaohang07
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Open and Transparent Science Powered By Blockchain
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August 11, 2017, 03:51:03 PM |
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Why so many altcoins use the Ethereum Technology?
Simply because that ethereum is the very first token platform. It is big, stable and evolving constantly. |
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Naughtid
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August 11, 2017, 05:12:09 PM |
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Why so many altcoins use the Ethereum Technology?
Simply because that ethereum is the very first token platform. It is big, stable and evolving constantly. That is right. It has the first runner advantage. |
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Ethereuming (OP)
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August 11, 2017, 05:22:02 PM |
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Thanks  |
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Ethereuming (OP)
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August 11, 2017, 06:28:25 PM |
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Thanks for links |
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WarrenP
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PHqpBmGrA3V6GqzmyQWEaQTjCMDGfSDbcn
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August 11, 2017, 08:51:52 PM |
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I'm looking into using the network for something else. I'd like to look at coding a service/product/tool that uses the Ethereum tech.
Any guides/ideas on that?
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DuarteFig
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August 11, 2017, 09:07:01 PM |
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I'm looking into using the network for something else. I'd like to look at coding a service/product/tool that uses the Ethereum tech.
Any guides/ideas on that?
Do you wanna look at coding a service/product/tool for learning purposes? There are hundreds or maybe thousands of products being developed using Ethereum technology. If you want to learn how to develop a smart contract code using solidity, you can start with the tutorials from the official Ethereum website: https://ethereum.org/tokenhttps://ethereum.org/daoIf you want to fund a business idea that could use Ethereum, think about anything that currently needs a centralized entity as an intermediary (such as Uber and AirBnb) that could be replaced by smart contracts. Here is a post about smart contract use cases: https://medium.com/auctus/smart-contracts-ideal-uses-cases-930a9ca6a02f |
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Butchick
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August 11, 2017, 10:48:23 PM |
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A lot of people are using the ethereum technology because of its stability. It is by far the most stable or the only well
Established platform there is. Its technology provides a hassle free and fast transaction which makes it convenient for both parties and on top of that, it offers a more secure system and data storage.
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Celebrity
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August 11, 2017, 10:59:35 PM |
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A lot of people are using the ethereum technology because of its stability. It is by far the most stable or the only well
Established platform there is. Its technology provides a hassle free and fast transaction which makes it convenient for both parties and on top of that, it offers a more secure system and data storage.
Not actually the stability, it's the accessibility, I guess. It's open to any project team and using blockchain technology is not hard for the new teams. The stability represent more intense meaning, we've seen that ethereum has also stability problems. Bad things happened during bancor and status ICO. Remember? |
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Ethereuming (OP)
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August 12, 2017, 12:40:55 AM |
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A lot of people are using the ethereum technology because of its stability. It is by far the most stable or the only well
Established platform there is. Its technology provides a hassle free and fast transaction which makes it convenient for both parties and on top of that, it offers a more secure system and data storage.
Not actually the stability, it's the accessibility, I guess. It's open to any project team and using blockchain technology is not hard for the new teams. The stability represent more intense meaning, we've seen that ethereum has also stability problems. Bad things happened during bancor and status ICO. Remember? So for example a coin like OmiseGo maybe is not stable? I hope it is because I bet on this coin.  |
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craZyLovE0916
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August 12, 2017, 02:38:58 AM |
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Why so many altcoins use the Ethereum Technology?
They aren't altcoins. They are called tokens. And they are used by business to raise money essentially for their business/idea/project in the form of Initial Coin Offering, also known as "ICO". It is the basis of the Ethereum platform... anyone can create a token and sell it to people who are interested. |
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RoommateAgreement
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August 12, 2017, 03:20:57 AM |
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let me put it this way:
it is used by so many altcoins because it is supposed to be used by so many altcoins. it is designed to do exactly that and nothing else.
in other words your question is like asking why so many people use Firefox to browse internet instead of doing somethign else with it.
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Buying the dip...
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quarkyplum
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August 12, 2017, 04:06:21 AM |
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Why so many altcoins use the Ethereum Technology?
They aren't altcoins. They are called tokens. And they are used by business to raise money essentially for their business/idea/project in the form of Initial Coin Offering, also known as "ICO". It is the basis of the Ethereum platform... anyone can create a token and sell it to people who are interested. Depending roadmap of every project development their token, because still have some altcoin use platform Ethereum as Musicoin can't say token. This is altcoin mining but use platform smart contract of Ethereum. |
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