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Author Topic: Why is Ethereum so special?  (Read 7833 times)
omitusaf (OP)
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October 17, 2017, 05:53:26 AM
 #1

Ethereum has seen a huge rise in its adoption as the platform new startups use in implementing their projects.
However, there are other platforms such as Waves that can do the same things Ethereum does ( even easily as Waves does not require any programming skills). Why can't new startups use the Ethereum alternatives? Is there any uniqueness in Ethereum that other platforms don't have? What makes Ethereum the in-thing?

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October 17, 2017, 06:07:43 AM
 #2

That was causing by the ethereum is the only project that already developed very good infrastructure among others, As you can see the ethereum is platform is friendly for everyone rather than waves, Waves just another fail same as the lisk project.

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October 17, 2017, 06:49:10 AM
 #3

Ethereum is the easiest I ever used and bug-free. (Well, just minimal). I only dislike ethereum's gas situation. I feel like its bit high.
Comparing Waves to eth, Waves' wallet is buggy and laggy. You can just try and see.

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October 17, 2017, 06:52:42 AM
 #4

Ethereum's blockchain has mostly developed itself for sidechain for transacting custom tokens which can be made in user level.
The tokens as well as ethereum transactions can made to follow smart contract where the flow process once created would be decided by the results and can't be manipulated by anyone.

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October 17, 2017, 06:57:25 AM
 #5

what adoption are you talking about?
there are only a large number of ICOs and all of them are useless copy pastes doing nothing. it is not called adoption my friend.
as for price, it is tanking these days, slow buy hard. even the fork couldn't change that. there is another -5% drop today.

and part of the reason why nobody uses other platforms is that ETH is staying on top of the lists because of its fake market cap, also because ETH is over-hyped and advertised to death, so every useless project tries to use that so called popularity to gain some small traction.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 17, 2017, 07:04:34 AM
 #6

Because almost all other altcoins used ethereum to create themselves so ethereum is the founder this ecosystem.

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October 17, 2017, 07:11:57 AM
 #7

This is mainly due to the easy access to smart contracts which places a foolproof system and this is an ideal scenario for start ups at an affordable initial investment. Also keep in mind that Ethereum is an established platform running from a few years now which makes it more reliable than other similar platforms.
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October 17, 2017, 07:24:25 AM
 #8

This is mainly due to the easy access to smart contracts which places a foolproof system and this is an ideal scenario for start ups at an affordable initial investment. Also keep in mind that Ethereum is an established platform running from a few years now which makes it more reliable than other similar platforms.

If you look at the market, you will see that the price of Ethereum is the best among other Altcoin or other crypto besides Bitcoin. Why is that ? Because I think ETH has a good platform and protocol. Some says that one day, ETH price can surpass the price of Bitcoin.

Although hard to believe, but with the rapid development of technology, we do not really know about what will happen in the future. The future of cryptocurrency is fascinating and full of mystery.

Other than that, all I can tell you again is .. Ethereum is also very good for mining nowadays. GPU mining for Ethereum is still profitable when compared to Bitcoin mining. Maybe for those who really understand about mining Bitcoin, can still get a profit from ASICMINER or similar devices. Which is devoted to mining Bitcoin quickly. But we must continue to do research to know exactly what we want to plan.
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October 17, 2017, 07:31:45 AM
 #9

It is hard to find smart contract dev for other platforms like waves but there are lots of devs that can develop ETH based Dapps. Also ETH is getting first in the market benefit, it was the first platform for DAPPS.

Lisk might have bigger adoption in future because they are using javascript rather than any new coding language for DAPPS.

 
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October 17, 2017, 07:39:59 AM
 #10

I don't know but i'm kind of sceptical to javascript. It's been used for different kind of attacks in the past... is it even safe when it gets to money?

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October 17, 2017, 07:46:37 AM
 #11

Because it is the first and the easiest platform to use. Ethereum invented smart contacts and tokens and helped them to widespread. Waves is so buggy, you can not use it easily. Neo is somewhat new, there is no issued tokens -except RPX- and Chinese regulation hit Neo hard.

There are lots of successful projects created in Ethereum platform, such as Omisego, Waltonchain, Ubiq, Quantum, etc. There is no such things in other platforms.

Last but not least, Vitalik Buterin is very smart and respectful person in cryptocurrency world.

All above things make Ethereum special among its competitors.
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October 17, 2017, 07:47:03 AM
 #12

Ethereum has seen a huge rise in its adoption as the platform new startups use in implementing their projects.
However, there are other platforms such as Waves that can do the same things Ethereum does ( even easily as Waves does not require any programming skills). Why can't new startups use the Ethereum alternatives? Is there any uniqueness in Ethereum that other platforms don't have? What makes Ethereum the in-thing?
Because ethereum have a good reputation already. Its is the no.1 trusted altcoin.Aside from that the platform of ETH is tested and promising unlike the other altcoin. And it has its vision to stay and be known in the market of digital currency. Although the price of ETH is not much as high as the bitcoin that why some ICO use it.
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October 17, 2017, 07:51:18 AM
 #13

That was causing by the ethereum is the only project that already developed very good infrastructure among others, As you can see the ethereum is platform is friendly for everyone rather than waves, Waves just another fail same as the lisk project.

Are you sure about this, hero? I think there are still some projects out there that are as good or even better by Ethereum. It so happened that the old guys in crypto are behind Ethereum and the people they are hiring to promote Ethereum to be the strongest are doing a perfect job. Waves and Lisk are also very good. Sadly, they are defeated by the promoters of ETH.
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October 17, 2017, 07:51:38 AM
 #14

yeah much ico project release using eth for payment , and i dont know why they only want payment using eth. eth look like more popular than litecoin , even the prize higher eth than dash now
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October 17, 2017, 08:01:28 AM
 #15

yeah much ico project release using eth for payment , and i dont know why they only want payment using eth. eth look like more popular than litecoin , even the prize higher eth than dash now

Ethereum is the defendant mothered for costing traction for the bitcoin process. Ethereum is different in the bitcoin. It will be make more profit gather it will help to future purpose. it is the own truing international code. It completed get more profit for the future gain. it  50% of the coin will be owned by mining form the future.     

 
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October 17, 2017, 08:55:22 AM
 #16

Just because of Vitalik Buterin!

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October 17, 2017, 09:08:19 AM
 #17

it has the deepest pockets, the most developers for that type of coin, the highest visibility and the most volume consistently.

whatever anyone feels about how useful it is, no other alt can match it.

any start up using ethereum has a greater chance of getting noticed by all the money attached to it. they'd be dumb to turn down the chance for greater success.
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October 17, 2017, 09:12:26 AM
 #18

Whether intended or not Ethereum managed to establish itself as the go-to platform for ICOs, technically this could have been achieved by any other token creation platform like NXT for example, but Ethereum came and stole the show. Now it's hard to take this place from ETH as for convenient purposes people like to have all their tokens on the same platform and be able to trade them against the same base currency.
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October 17, 2017, 09:17:44 AM
 #19

That was causing by the ethereum is the only project that already developed very good infrastructure among others, As you can see the ethereum is platform is friendly for everyone rather than waves, Waves just another fail same as the lisk project.

I agree that ethereum contract tokens really been doing more successful projects so far, and compared with waves I don't think most of those ICO offering their token were into better progress. With regards to friendly platform, I don't think it's a proper term but I'd rather say its a trusted and compatible type of token contract which has lots of projects this year. That's why it's earning massive appreciations and investors now were getting larger in numbers.
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October 17, 2017, 09:21:34 AM
 #20

Like Bitcoin, it's a trend setter. The first of its kind. A big plus is the great leadership and devs. I'm still wondering why Vitalik chose to create solidity instead of implementing multiple languages like neo did, but regardless I have a great deal of faith in eth. Buterin will probably the one to deliver crypto into mainstream.
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