ETH vs CMT

[rmilly]

Wait, so just looking at this post, can someone give me a breakdown of what cybermiles is?

[Btc4Proxies]

Read the whitepaper: https://cm.5miles.com/file/project/Project%20white%20paper_en-US.pdf

If you don't want to read, then there's a bunch of youtube videos: https://www.youtube.com/results?search_query=cybermiles

[sehoon]

These two things are different in a lot of ways. But I think it would be better if you would go with ETH.

[Bourbon44]

I think they are different, but it's interesting that cybermiles is coming in with an edge. They're not claiming to be ethereum, but better for ecommece than ethereum. I think that's pretty clear. besides the semantics, this one looks good. Planning on jumping in. Dapps are the future of blockchain: https://www.huffingtonpost.com/entry/3-ways-decentralized-apps-are-revolutionizing-online_us_59dc7e60e4b060f005fbd69e

[jhanson]

Was surprised at first by the chart, but I can really see the potential especially since they're meant for ecommerce. I grabbed this from their other thread and thought this summed it up:

CyberMiles is a new blockchain protocol designed to empower the decentralization of online marketplace and e-commerce platforms, and fundamentally change how business can be done. With CyberMiles, our goal is to incorporate blockchain technology into the real world, highlighted by the following features:
• A “master token” for e-commerce, enabling other e-commerce platforms to run on our chain
• Hold a large library of “smart business contracts” & modules, making decentralized processes simple
• Secure, encrypted decentralization of user data, protecting network users from cyber attacks
• Ensure transaction security & efficiency with “escrow” payments backed by CMT
• Establish an alternative credit system to facilitate small business & personal lending

[abeke]

Competition is always good. Time will tell it's too early, imo.

[Harry1v]

The two coins did not comparable it, eth development and publicity are cmt can not be compared.
 

[teddyelwyn]

The two coins did not comparable it, eth development and publicity are cmt can not be compared.
 

But I wouldn't compare them on those two factors. We all know ethereum is king, but for ecommerce applications....not so much.
Cmt is meant for marketplaces, so the performance definitely matters in things like transaction speed. Have you guys looked into the ecosystem of the blockchain? It is very impressive and you can mine/start your own ico off of CMT

[rjefferson]

Was surprised at first by the chart, but I can really see the potential especially since they're meant for ecommerce. I grabbed this from their other thread and thought this summed it up:

CyberMiles is a new blockchain protocol designed to empower the decentralization of online marketplace and e-commerce platforms, and fundamentally change how business can be done. With CyberMiles, our goal is to incorporate blockchain technology into the real world, highlighted by the following features:
• A “master token” for e-commerce, enabling other e-commerce platforms to run on our chain
• Hold a large library of “smart business contracts” & modules, making decentralized processes simple
• Secure, encrypted decentralization of user data, protecting network users from cyber attacks
• Ensure transaction security & efficiency with “escrow” payments backed by CMT
• Establish an alternative credit system to facilitate small business & personal lending

The personal lending and information stored such as credit is a very interesting idea because it already replaces so many other ico's in the market right now. So much potential with this one. Everyone saying it's too early, but it's always early especially when bitcoin AND ethereum both came out. Heck, the idea of ethereum was on a whitepaper lol.

[cvan]

This is truly a fascinating idea. I can see all of the applications. Upon looking at the medium blog, I found out about even more features. Very excited for this one

[awilliams]

Any videos about them??

[akeegan]

Any videos about them??

Tons. Just youtube it lol. But to save you some time, here it is:

https://www.youtube.com/watch?v=NewVjjJp4cA

https://www.youtube.com/watch?v=z8hGaqskTFA

[teddyelwyn]

Has anyone else looked into this? I see a lot of comparisons with electroneum vs ethereum, but I think this comes closer. And with the parity compromise today, blockchains like cybermiles shine even brighter

[johnmark1997]

There's  are have difference but we don't need to compare that two .

[teddyelwyn]

There's  are have difference but we don't need to compare that two .

I think it's interesting that they are comparing the two. i mean just based on the wp their blockchain is optimized for ecommerce. they will have mining and people will be able to have their own ico's on it. looks like it can be compared to eth. I'm more interested in the idea and capabilities. Cybermiles will put big guys like ebay out of business (and i'm looking forward to it)

[somewhan]

the hard part is actually the adoption, not building something that ticks a lot of boxes.

bitcoin is the best example for that.

[johnmark1997]

There's a lot of difference of this two

[Ayaancool]

Cybermiles is looking good based on article even i dint know before reading article about Cybermiles. There is still waves and NEM is competing with ethereum buy giving more functionality and less transaction fees . Even they are struggling its too early to compare CMT with Ethereum platform.

[BTCGOLD]

Ethereum is checked. ETH has a huge market and is second the best coin. CYmbermile seems be good and new tokens may be more useful. But ETH is base.

[keung0109]

the hard part is actually the adoption, not building something that ticks a lot of boxes.

bitcoin is the best example for that.

I agree with this one. I read somewhere that once they implement it onto the app, the userbase will be larger than ethereum.