5 ms·
It already has a killer use case: Cheap, fast transactions. Regular, boring, "dumb" transactions like in Bitcoin, but with an average of seconds instead of 10+
by tgsovlerkhgsel 10y ago
It already has a killer use case: Cheap, fast transactions. Regular, boring, "dumb" transactions like in Bitcoin, but with an average of seconds instead of 10+ minutes to first confirmation, much lower fees, no congestion, and no civil war.
Given that there is little hope for a quick resolution of the block size civil war in Bitcoin, I'm not surprised that people are switching to alternatives.
- geoah 10y ago> and no civil war erm. ETH vs ETC anyone?
- 6nf 10y agoThat one is over now, ETH won.
- tgsovlerkhgsel 10y agoThat's the thing - as far as I can see, there was a disagreement, they forked, both forks peacefully coexist and hold significant value (ETC is worth more today than it was before the fork). There is no civil war with DDoS attacks, mud-slinging, exploiting vulnerabilities in clients to crash the clients of the 'wrong' side, not even a "majority hash power kills weaker chain".
- kbody 10y agoThere's not much code difference for now (when/if ETH pushes the PoS Casper change that'll change). As for civil war, see a complaint[1] of an ETH developer to SEC for an Ethereum Classic Trust. I don't follow enough for other example, but I doubt there's no hostility. [1]: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706-149765.htm https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201...
- kordless 10y agoFeatures are not use cases, contrary to popular belief. A killer use case is where everyone uses the technology, not where the technology serves a use for all people. Speculation on the value of Ethereum is irrational, at best, even if it has a feature people think others will use in the future.