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Author Topic: Why is Ethereum so special?  (Read 7833 times)
avp2306
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October 17, 2017, 09:24:31 AM
 #21

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 blockchain is so adoptable and those other networks are so hassle to add on some exchange while in ethereum you can easily add them up whenever devs like it to add on the exchange they like(except bittrex) But to know more about this I think the best thing you can do is to read/watch some video blogs on why ethereum is the first choice of altcoin creators.

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hua_hui
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October 17, 2017, 09:30:30 AM
 #22

Ethereum is the first project to introduce about smart contract. And it has come a long way. It also have many other feature coming and one of the biggest is changing from Proof of work to Proof of stake. The lightning network, ethereum alliances etc is something to be extremely excited about. As we see more and more fierce competition coming out to fight for the space, like neo who can handle thousand of tix per sec, ethereum will continue to grow while maintaining its dominance in ico space.
HonestSurfer
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October 17, 2017, 09:35:54 AM
 #23

It seems at the moment Ethereum is winning the battle in coming to mainstream adoption. Dont get me wrong - we are still very very very far away from that one! But the simple fact is that with every ICO built on Ethereum platform, Ethereum is becoming stronger. Of course, 99% of these ICO projects will die, but before they do, they will still pay for all the needed fees (gas) to the Ethereum platform and (directly or indirectly) contribute to network development. And the 1% that survives, will pay big fees to the platform.

Obviously Ethereum has the best marketing when it comes to competing projects (Waves etc.) - but so what? This is how the world is made; if your idea is the best in the world and you cannot clearly present it and communicate it in the right way, then your idea will never get anywhere. Ethereum managed to present the power of the blockchain and smart contracts to the masses (well, crypto-masses at least) and therefore deserves the high position in both, market cap, as well as usage (devs, ICOs etc.).
matuson
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October 17, 2017, 09:39:26 AM
 #24

The Ethereum most popular because is one of the oldest altcoins. He lives for a long time and therefore differ from other coins that appear and disappear constantly. I don't trust all alithina. I guess I have a bias, but there's nothing I can do about it. It seems to me that bitcoin is the best option for investing money.
ajiejot
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October 17, 2017, 09:41:30 AM
 #25

Ethereum is very special since it's top 2 in Coinmarketcap. Some are telling ethereum is the next bitcoin. Ethereum is very important because some ICOs now are based in ethereum or most of ICOs now is using ethereum to participate in their token sale. Ethereum also have a less transaction fee in sending eth to other wallet address.
Lpim01
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October 17, 2017, 09:49:01 AM
 #26

Because ethereum have it's own capabilities to compete others altcoins in the market. Since ethereum become power to dominate, more investors are having trust with this and of having stability of price as it always place in the 2nd rank after bitcoin.
reputation
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October 17, 2017, 09:52:02 AM
 #27

nothing is special, neither is bitcoin and ethereum, eth is the first altcoin comes up with smart contract which makes it easy to develop new coins, other coins like Wave, Lisk, NEO and Asch are also platforms which doing the same thing, but the first mover advantage is huge and Vitalik Buterian have the great influence on cryptos

Sungoku
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October 17, 2017, 10:04:17 AM
 #28

nothing is special, neither is bitcoin and ethereum, eth is the first altcoin comes up with smart contract which makes it easy to develop new coins, other coins like Wave, Lisk, NEO and Asch are also platforms which doing the same thing, but the first mover advantage is huge and Vitalik Buterian have the great influence on cryptos
why is ethereum so special? I think it's a special ethereum compared to some other coins,
a very good project and supported by some big companies like microsoft
BlackPanda
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October 17, 2017, 10:12:37 AM
 #29

Etherum is one altcoin that already has a long history. etherum may be said to be the sister of bitcoin. a good developer and also a unique system makes the etherum of interest to many investors. Maybe we can see one interesting feature that is TOKEN, this I think is quite new and was successful in increasing the use of etherum. because this token is now more and more projects are emerging, the project is based on etherum and we know the amount of money that rotates in all projects is very large. this has increased market share etherum globally because they (the project participants) are required to use etherum before exchanging to bitcoin or USD.
FrueGreads
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October 17, 2017, 10:14:06 AM
 #30

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?

I don't know, maybe is the network effect? Ether was the first coin to offer this possibilities and build a network of supporters that started using their features. Maybe these new coins, like waves or neo, don't really offer that much of innovation, enough to start taking people away from ethereum. Not saying this is the case, because I mainly support bitcoin. But if most of the ICO investors are on the ethereum network, then ICOs will continue to use because there is where the money is, and when you are creating an ICO, it doesn't make sense to create it on all the platforms, so you create on the bigger one, since the other options don't offer any great improvements. This is just my opinion and I could be wrong of course.

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PadenoM
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October 17, 2017, 10:17:51 AM
 #31

beacause of Vitalik, he is a genius, jsut his name makes the crypto move
puremage111
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October 17, 2017, 10:18:25 AM
 #32

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?

First, ethereum is a miracle and a major hype that actually went quite far ahead although it was release last year?

Comparing to waves, waves has good use case, development but sadly, ETH bring out the hype after Btc. By looking at the search trend, you could see Ethereum after BTC, cryptocurrency and list of crypto keyword
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October 17, 2017, 10:26:12 AM
 #33

Ethereum is a great currency for Tradin and it is a more vale able it support all over crypto currency trading site so people like Ethereum. It is very special for all because it is very easy to use.
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October 17, 2017, 11:33:21 AM
 #34

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?
Why?
Because Most Of Major exchanges Can Add ETH Token To Their Services
Actually There Are Lot Of ETH Alternative
The Most Similiar Is ETC
The Other Is XCP,XRP,XLM,WAVES,NXT,ARDOR,OMNI(USDT PLATFORM)
Because ETH Is Popular
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October 17, 2017, 12:17:16 PM
 #35

Because eth had very good developtment and the features of eth is usefull aside from that most of mahor exchanger can eth token to their services. It's was supported by some big company too that's why eth special i think.
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October 17, 2017, 12:39:23 PM
 #36

because of smart contracts and decentralized dapps
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October 17, 2017, 12:40:43 PM
 #37

Its special from begining. I remember when Vitalik said Wellcome to the begining.
And all game changed and now we are addicted to smart contracts and more coming on every fork.
That makes you Ethereum more special.
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October 17, 2017, 01:03:39 PM
 #38

You are right that many smart contract platforms exist but Ethereum has many things that these don't. First of all, ethereum has a HUGE advantage of having the first mover advantage, which places it in the spotlight. It's been the most widely used smart contract platform to launch many "successful" ICOs. Due to many of these factors, it has been able to expand and motivate their dev team to remain as a leader and constantly work on scaling issues and other upgrades to the system, as we are seeing with the current hard fork. Also, because of it's widespread popularity, they have been able to form a large network of affiliations with the EEA.

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October 17, 2017, 01:03:50 PM
 #39

Because in the starting time of ethereum many people and many user of crypto had used it, why? Because it is made by Altcoin for the altcoin to reach the level of bitcoin, and ethereum is now being known in the whole world. So it is very special.
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October 17, 2017, 03:28:40 PM
 #40

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.

Yeah, I noticed that too. I think that's because Waves is still developing. Ethereum's gas fees are higher than Waves fees, I suppose.

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