Ethereum is current the #no2 of all Altcoins with smart contract features and possibly one of the strongest among all Altcoins. Which coin do you think will replace Ethereum in the future (if they managed to fork)? Or do you think Ethereum will remain it's #no2 position and and no other Altcoins can beat? I have a list below that have the potential. Would appreciate to have your input.
1. Lisk (open source; Crypti fork)
- Javascript (typescript) based; Blockchain Application Platform; DPOS; Lisk APP SDK; Sidechain owner rights
2. Qtum (open source; combines Bitcoin Core fork; ERC-20 token) own Mainet soon!
- hybrid blockchain application platform; self-aware governing system; EVM; POS; Oracle & Datafeeds allow smart contracts
3. MelonPort (open source; ERC-20 token)
- Asset (Hedge Fund) management; M-0; Module builders; smart contract with traceable transaction; Oyente partnership
4. Zcash (open source)
- privacy-shielded transactions (inc. public & private address); zero-knowledge proof @ zk-SNARKs;
5. EOS (open source; ERC-20 token)
- powered by Block.one; POS; horizontal scaling of dAPPS; token distribution for 341 days; flexi-applications; web toolkits
6. NEO (open source)
- 'The chinese Ethereum' (rebranding from Antshares); Neocontracts; dApps; dBFT consensus mechanism; superconducting transactions; NeoX-NeoQS-NeoFS
Very interesting topic.
There are other platforms that claim to be better than ethereum, but the fact is none can do anything ethereum can't. It's just their marketing claiming they can do better. Ethereum has great step ahead of any other platform and has by far largest support of enterprise companies and the community. Before any other platforms catch up, ethereum migth have so many running projects on top of it's platform it wil become a standard platform, and it will be very hard for others to catch up.
1. Lisk: Lisk claims to be better because of javascript and sidechains. Nonsense. Ethereum's Solidity language is very similar to javascript, so developers that know javascript can learn it in a day. And Solidity was designed to program smart crontracts, javascript wasn't so it's more suitable for smart contracts for sure. And it's faster for developers to learn Solidity than to learn how to use javascript to make smart contracts. Ethereum is also capable of doing sidechains. They already have agreement with JP Morgan on making a private sidechain for them. The DPoS of Lisk isn't as good as PoS system ethereum will implement. Well we could argue about that, but in my opinion DPoS give too much power to just a few nodes. Lisk only has 101 nodes called active delegates that forge blocks, other modes can only give votes to other nodes. The more Lisk you have, the more voting power you have. So only top 101 nodes make profit from forging blocks and they stockpile more and more Lisk so their voting power increases leaving other nodes less and less chance to become active and start forging. This leads to centralization far worse than with PoS.
2. I can't comment on Qtum, because I haven't looked into it yet.
3. Melon port is just an investment platform. It solves just a single porblem. No way it can compete with any platform that runs other platforms, capable of solving countless different problems.
4. Zcash can only do private transactions. It also solves just single problem. But guess what ethereum can do zKSnarks too. They are already testing implentations of zKSnarks on their testnet and it will be part of the Metropolis hard fork that is expected next month.
5. EOS is nothing but a piece of paper. The idea of free transactions and easier implementation of projects seems fine on paper. But they promised the testnet by the end of the summer and have done nothing yet. I'm afraid EOS might be just a way to make the developers very rich. Their ICO certainly is get rich quick scheme for developers. If I'm not mistaken dPoS similar to Lisk is planned so it might have same centralization problems as Lisk. Only time will tell if they deliver and before they do, ethereum will be way ahead and hard to beat.
6. NEO is good project. I believe it will be more widely adopted in China than ethereum. But it won't beat ethereum in the rest of the world, because it's tailored to Chinese government and it will never be able to support privacy. If it did Chinese government would ban it for sure. Pros towards ethereum is passive income in form of GAS and limited supply, which make it great investment for passive income.
7. You didn't mention this one, but Stratis also is competitor platform to ethereum. They calim they're better because it can do sidechains and uses C# programming lanugage and it's supported by Microsoft. For the sidechain and C# part, goes the same as Lisk, they're not really advantages. And Microsoft supports etherem (and also NEO) as well.
I think none of the projects currently out there have chance to beat ethereum, I even believe ethereum will take No. 1 spot from bitcoin before the end of next year. Ethereum has countless ways of being useful, bitcoin can only do transactions and hold value. It's impossible to solve countless problems on bitcoin blockhain, because it's design is old and wasn't made that way. And it's even outdated technolgoy at what it does, there are many coins out there that could do it better, they just aren't that widely adopted yet. But in next decades I'm sure even better blockchains will come that will beat ethereum, we just haven't dicovered them yet.
