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Author Topic: Major benefit of Ethereum?  (Read 2656 times)
boranes
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June 21, 2018, 06:49:57 PM
 #121

Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?
Ethereum is not smart contract, it is platform for smart contracts. Price is hyped because it is needed for fees.
What it does better than other alt coins? Nothing, really. I don't think idea of smart contract is initial coin offer.

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June 21, 2018, 06:56:45 PM
 #122

Speed, 50 transactions per second. It is 8 times faster than Bitcoin.
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June 21, 2018, 07:13:29 PM
 #123

to my mind ETH is best by these reasons:

1)Ethereum uses the turing language on the blockchain. This allows the exchange of simple or complicated contracts on the network which allows the elimination of third parties - as per an article I wrote on Ethereum yesterday. This makes Ethereum into a killer app on the blockchain that very few others have.
2)Ethereum has the backing from corporate clients, and in recent days the price of its cryptocurrency ETH has rocketed. The Ethereum Enterprise Alliance (EEA) are working with dozens of enterprise grade companies in all verticals from banking to healthcare. Only Bitcoin can match this level of corporate buy in. No other cryptocoins have this much corporate clout.
3)Ethereum comes with a great roadmap of where they want to be in years 3 to 5, and they are implementing it with a strict rigour of which the community is proud of. This is a platform with a clear vision of where it wants to go.
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June 21, 2018, 07:22:01 PM
 #124

For me, one of the main advantages of Efirum is that it gave absolutely new opportunities to create decentralized projects and start-ups based on blockbusters and clever contracts.
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June 21, 2018, 07:25:43 PM
 #125

Ethereum was first invented by Vitalik Buterin, who previously worked at Bitcoin Magazine - a leading medium in-between lovers of cryptocurrency. The Ethereum project fund came from a crowdsale selling Ether-shaped shares. This process is also called by the name of ICO (Initial Coin Offering). Similar to IPO (Initial Publick Offering) but ICO deploys / sells digital currency that functions like company stock.
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June 21, 2018, 08:45:11 PM
 #126

To be honest if you are asking about the popularity of the ethereum i think it is just because of its huge use cases and wide implementation, i think it is being widely used and this is the major success factor for eth, i have not seen anyother altcoin used to this scale, benefits include cheap and quick transfers plus token ecosystem and wide acceptance.

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June 21, 2018, 09:02:02 PM
 #127

Please go to the project https://www.ethereum.org / Wikipedia will also give a couple of answers, and a lot of videos on YouTube
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June 22, 2018, 01:11:40 PM
 #128

Ethereum is one of the cryptocurrencies that supports the concept of smart contracts, ethereum with smart contracts that offer a digital country with its banking system where its citizens (users) can make smart contracts in it, that's one of the main benefits of ethereum.
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June 24, 2018, 09:06:49 AM
 #129

We all have different vissions in ethereum but for me, this is my best buddy in crypto, because the coin price is just less but a huge profit that I can get in return.And this token has already proven that it will not be vanished in crypto world for a long time.
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June 27, 2018, 10:03:22 AM
 #130

Ethereum is not just a digital currency. It is a blockchain-based platform with many aspects. It features smart contracts, the Ethereum Virtual Machine (EVM) and it uses its currency called ether for peer-to-peer contracts.
Ethereum’s smart contracts use blockchain stored applications for contract negotiation and facilitation. The benefit of these contracts is that the blockchain provides a decentralized way to verify and enforce them. The decentralized aspect makes it incredibly difficult for fraud or censorship. Ethereum’s smart contracts aim to provide greater security than traditional contracts and bring down the associated costs.
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June 27, 2018, 10:11:17 AM
 #131

The initial advantage of the Etherium in its smart contracts. Therefore, most ICO projects choose to host tokens on its platform.
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June 27, 2018, 10:12:10 AM
 #132

Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?


in my opinion, ethereum i svery bemeficial cryptocurrency, so i really doubt that you will ever have some regrets

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June 27, 2018, 10:12:57 AM
 #133

Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?


You are true, but look how many scam ICOs are based on ethereum network - this doesnt bring value to Ethereum, right?

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June 27, 2018, 10:13:16 AM
 #134

possibly ethereum does not do other bouty, etrereum has brilliant security, etrereum additionally guarantees with stable cost and furthermore can be said costly, more costly than other recently display coins, and furthermore ethereum simple to learn by our recently rising crypto world.
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June 29, 2018, 02:42:30 PM
 #135

Bitcoin does not have a decentralized application capability, which makes Ethereum the "best" in this regard.When we look at the available currency offer, Bitcoin looks clearly more scarce than Ethereum. In fact, Bitcoin has a solid supply of 21 million BTC coins. Ethereum has over 92 million coins in circulation.
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June 30, 2018, 10:52:03 AM
 #136

Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?


Well, it’s just the opposite. According to me, Ethereum is losing its popularity day by day. Number of ICO’s launching on Ethereum platform have reduced significantly in these couple of months. There are many coins in the market that are similar to ETH, but are much more technically advanced, so for me ETH does nothing better than other alts but alts like WAVES, ADA and NEO do better than ETH in terms of transaction fees, speed, scalability, smart contract and technology.
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July 02, 2018, 07:58:25 AM
 #137

I don't feel that ethereum is getting popular day by day as I am a Bitcoin lover and I invest in Bitcoin. But one thing is good in ethereum that can attract people which is its smart contract.
The only unique thing that attracts many investors to ETH rather than BTC is its smart contracts. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Smart contracts on ETH attract new ICO’s and project. ETH therefore has faster transactions than BTC and the transaction fee and confirmation time is also less.

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July 02, 2018, 08:00:10 AM
 #138

wtf happened with eth transaction costs? now 30 gwei is slow as shit.
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July 02, 2018, 08:03:40 AM
 #139

Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?




as you say, because ethereum has advanced technology and smart contracts that can be used by all platforms. that's part of ethereum excellence that is different from other altcoin. while that resembles a new innovation of some crypto, but it will not necessarily make the eth neglected.

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July 02, 2018, 06:13:22 PM
 #140

Etheruem alt is extra accelerando in each additional alts whether we are solitary bearer of etheruem alt so we aids again of this arouse with smart.
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