globetrotter43 (OP)
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April 23, 2019, 06:57:50 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
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Argoo
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April 23, 2019, 07:13:30 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
I wish it were. I used to use wallets with ERC-20 tokens and participate in ICO projects that release their tokens on the ethereum platform. Therefore, I practically do not participate in the campaigns of the ICO bounty, where you do not need to have MyEtherWallet wallets. Ethereum has all chances to be the first platform for smart contracts. For the time being, improvements are being made to this coin and two more stages of the next improvements are planned. |
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NeuroticFish
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April 23, 2019, 07:14:36 PM |
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I guess that you are looking for somebody with a crystal ball. Bad luck..
I'll tell some bad things that can happen. It doesn't necessarily mean they will happen though...
PoS can bring the demise to a coin. Politically I don't think that's a great idea. I think that the best days of Ethereum were when "everybody" was mining it.
In the past there were voices telling that the code quality in Ethereum is bad. I don't expect it to have became better, but changing it to PoS may make it worse. Bad code leads to bugs. Bugs can lead to exploits...
New coins come and go. It's hard to beat the leader. Not impossible, but really hard. Until now Ethereum managed to make steps forward at pretty good times, helping it stay first. But a bad move can remove all the advantage.
Ethereum will have to go into a phase where big changes are more carefully planned and thought well if they are indeed necessary. Else, sooner or later they may make a fatal mistake.
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kindbtc
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April 23, 2019, 07:35:16 PM |
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Honestly i do not see any serious threat or competitor for Eth smart contracts and tokenization platform yet im not just saying this because im an eth supporter but facts and figures are telling us this you can check yourself and vast majority of projects with tokens are still using erc 20 model even all the new icos are using eth network for their tokens with rare exceptions so i think eth is strongly holding its place and massive growth is expected in eth till 2020.
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mersal
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April 23, 2019, 07:35:32 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
yes it me possible to be the best investment in the future but there is always not predictable in the future so the cryptocurrency market is always about what is happening today and don't expect a lot in the future it will not give you the expectation in most of the time so my opinion is do what you want today. |
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posi
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April 23, 2019, 07:39:09 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
Most crypto related new project owners trust ethereum and it also gain the highest community support in terms of smart contract business. With this it will definitely sustain the pressure from opposite smart contract project and it will continue to lead.
How would the Proof of Stake, if implemented in time, work for Ethereum?
The proof of stake it said to be implemented in the mid of this year through Casper which was purpose by the ethereum team to scale their network.
Would Ethereum solve their scalability issue?
The team are planning an outstanding upgrade which seems to be the best out there. I mean Constantinople hard fork>Plasma>Casper>Sharding>Serenity (aka Ethereum 2.0)>Ethereum 3.0(which could take billion of transactions).
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
Yes, the decentralized in nature of ethereum was one of the reason why it gain much community support than other smart contract platform. |
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rijaljun
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April 23, 2019, 07:39:40 PM |
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In my opinion, It would be always the number one smart-contract platform IF Vitalik Buterin does something big and doesn't let others surpass Ethereum. Recently, people are arguing about a threat probability from Binance Coin (BNB) to Ethereum (ETH) as it has its own blockchain now. BNB is powerful coin which become native coin of Binance Exchange, we all know Binance is the most favorite exchange for most people. BNB could easily replace Ethereum as number one of smart-contract platform as now people are looking to use IEO instead of normal tokensale. By using BNB chain and Binance Launchpad to build a project will be very profitable either for project's owner or investors as the token will be automatically listed on biggest exchange.
Ethereum recently has some problems, personally I'm concerning about the total supply limit of Ethereum which is not fixed until today but Casper is one of great plan for Ethereum. Unfortunately, Casper is also have no certainty about when it will be implemented. I do believe that Vitalik is on doubts right now but he's a smart guy, so just wait what future he's looking for.
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okala
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April 23, 2019, 07:43:41 PM |
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Yes ethereuem decentralization give it an edge above the centralized operational smart contract on the blockchain, ETH have been the bedrock of all this other platform that sims to threatened it existence today and even at that ethereuem have sustained it position despite they activities have affected it market greatly but ETH is gradually gaining it ground to becoming the king of all the altcoin.
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mbsyahia
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April 23, 2019, 07:43:47 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
I wish it were. I used to use wallets with ERC-20 tokens and participate in ICO projects that release their tokens on the ethereum platform. Therefore, I practically do not participate in the campaigns of the ICO bounty, where you do not need to have MyEtherWallet wallets. Ethereum has all chances to be the first platform for smart contracts. For the time being, improvements are being made to this coin and two more stages of the next improvements are planned. I think that your reason Ethereum has become a reference in this area and to beat it, it takes a lot of time, and I think Ethereum will be the leader of the smart-contract platform |
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DeepChipolino
Member
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Activity: 658
Merit: 11
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April 23, 2019, 07:46:09 PM |
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I guess that you are looking for somebody with a crystal ball. Bad luck..
I'll tell some bad things that can happen. It doesn't necessarily mean they will happen though...
PoS can bring the demise to a coin. Politically I don't think that's a great idea. I think that the best days of Ethereum were when "everybody" was mining it.
In the past there were voices telling that the code quality in Ethereum is bad. I don't expect it to have became better, but changing it to PoS may make it worse. Bad code leads to bugs. Bugs can lead to exploits...
New coins come and go. It's hard to beat the leader. Not impossible, but really hard. Until now Ethereum managed to make steps forward at pretty good times, helping it stay first. But a bad move can remove all the advantage.
Ethereum will have to go into a phase where big changes are more carefully planned and thought well if they are indeed necessary. Else, sooner or later they may make a fatal mistake.
They have big plans. Perhaps they are preparing something more than POS. I think that if developers implement smart contracts not only in ICO, then ethereum will be practically unattainable for competitors, no matter how bad the code is or something else. |
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suzanne5223
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April 23, 2019, 07:48:06 PM |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
yes it me possible to be the best investment in the future but there is always not predictable in the future so the cryptocurrency market is always about what is happening today and don't expect a lot in the future it will not give you the expectation in most of the time so my opinion is do what you want today. No one can predicted the absolutely correct result of the crypto market but the case of ethereum is different buddy because they have already stated their plans through their road map when they talked about it last year. However, almost other smart contract provider platform mentioned by the OP have or will use the exact protocol planned by ethereum and for ethereum to have already gain the trust of project owners. Ethereum will always be the best smart contract provider. |
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Awesomus Maximus
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April 23, 2019, 07:53:37 PM |
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What do you think would Ethereum sustain this pressure and retain its leading spot?
I thought Ethereum won't live this much, but it is still hanging on. Who knows, maybe it will retain the no. 1 spot for smart contract platforms in the next couple of years. How would the Proof of Stake, if implemented in time, work for Ethereum?
It might work, but much depends how they do it. I don't think they have a clear idea how PoS would work without a centralization. Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
Ethereum is not overly decentralized, even now with PoW. PoS would make things worse in this respect. |
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sabine80
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April 23, 2019, 07:54:38 PM |
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whether or not ethereum will be the number one smart contract platform in a few years' time is difficult to predict. the competition keeps getting bigger and it will not be easy to stay number one. vitalik buterin next years and decisions will determine how ethereum continues.
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jossiel
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April 23, 2019, 07:57:48 PM |
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I don't think that ETH's dev should be pressured, AFAIK he likes competition like this to make the community better. TRON had launched their mainnet while Binance made their own chain.
Really can't talk about the PoS change because it has been discussed many times and the progress isn't so quick. The market changes so fast and it is surprising too many people with each of the altcoins developers move. If I'll think that it won't sustain itself but at least it will remain to be a top coin.
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Bokile
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April 23, 2019, 08:21:39 PM |
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Ethereum will still be a strong player but I don't think it will keep No 1 position. Many coins will switch to their blockchain and there are a few strong competitors.
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Adriano2010
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April 23, 2019, 09:49:24 PM |
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I think will still be number 1 on 2020 on smart contract use, regarding PoS i think is better to still have the PoW because maybe when full PoS will be for ETH will can make the price goes down.
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coinbirds
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April 23, 2019, 10:57:08 PM |
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I wish that ETH developers make a good job with the updates and solve the scaling issue and that POS will be a success story.
ETH chances are pretty good to remain the leading platform in the coming years.
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949miner
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April 23, 2019, 11:53:37 PM |
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Ethereum will always remain the number one smart contract platform because its the father and king of smart contract platforms. Most new smart contract crypto platforms are all built on the Ethereum Blockchain platform, making these platforms the derivatives of the Ethereum platform.
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shiming
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April 23, 2019, 11:56:48 PM |
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It still seems to be. But no one can say in the future, maybe there will be a more perfect platform to replace ETH in the future. The future is unclear, but ETH technology is constantly evolving.
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smyslov
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April 24, 2019, 12:28:45 AM
Last edit: April 24, 2019, 12:49:34 AM by smyslov |
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Looking at the success of Ethereum in 2017, so many new ventures started their journey in order to compete Ethereum. Some took momentum as a matter of fact like Tron and Eos. Other names like Cardano and Zilliqa etc are also running in the race.
What do you think would Ethereum sustain this pressure and retain its leading spot?
How would the Proof of Stake, if implemented in time, work for Ethereum?
Would Ethereum solve their scalability issue?
Does Ethereum decentralization give it an edge over other centralized smart contract platforms?
They are more stabilized and they have a good line up of developers to address all the issue about their smart contract and I don't think they will neglect their position and give it to competitors and besides, those tokens that are now hosted in ERC 20, they are to many of them will not just shift to other algos, just like that, so I still consider the second most popular coin in the market come 2020 onwards. |
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