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And then you look at Ethereum which is a $90B valuation and also wonder if it can have competitors. Tezos is a full fledged Eth competitor with its own USPs.

jameskegel 9y ago
>tezos is a full fledged Eth competitor This is inaccurate
- product50 9y ago
  No it is not. Read about tezos and then come back.
  - jameskegel 9y ago
    I'm back, and forgive me if we're going in circles here, but I still am confident in my assertion. Is there something specific that you know that the general public does not?
    - product50 9y ago
      It is fine. I don't want to feed ignorance here. It is pretty clear you have no idea what Tezos is and haven't done any bit of cursory research on it. And, to folks like you, my only advise is to wait and watch for the token to be released and then you will witness how it competes with Eth ecosystem.
      - jameskegel 9y ago
        You resort to personal attacks; is this to say that you’re unable to factually substantiate your assertions?
        product50 9y ago
        It is not an attack. I just don't want to spend my educating folks who aren't willing to help themselves. Just read their whitepaper or any of the 100s of youtube videos on tezos and you will discover that it is a full fledged Ethereum competitor.
edshiro 9y ago
Ethereum has competition. Look at NEO (https://neo.org/ https://neo.org/).
nugget 9y ago
Given that Ethereum is open source, the real value comes from their ecosystem (broadly defined). What if Microsoft branched Ethereum and created MicroCoins, and moved a few hundred developers and researchers from Microsoft Research onto the project, and then created incentives to rapidly scale up miners and other parts of the ecosystem. Would they create $xx billion in value? Crypto prices could continue to rise, and since I own a few coins and tokens for fun, I guess I should hope they do. But I've never understood how valuations so high can be supported given the relatively low barriers to entry (relative to multi-billion dollar valuations). I'd define myself as soft skeptic - I acknowledge I could be wrong and undervaluing first-mover advantage. I just don't understand how or why.

jameskegel 9y ago

>tezos is a full fledged Eth competitor This is inaccurate

product50 9y ago
No it is not. Read about tezos and then come back.
- jameskegel 9y ago
  I'm back, and forgive me if we're going in circles here, but I still am confident in my assertion. Is there something specific that you know that the general public does not?
  - product50 9y ago
    It is fine. I don't want to feed ignorance here. It is pretty clear you have no idea what Tezos is and haven't done any bit of cursory research on it. And, to folks like you, my only advise is to wait and watch for the token to be released and then you will witness how it competes with Eth ecosystem.
    - jameskegel 9y ago
      You resort to personal attacks; is this to say that you’re unable to factually substantiate your assertions?
      - product50 9y ago
        It is not an attack. I just don't want to spend my educating folks who aren't willing to help themselves. Just read their whitepaper or any of the 100s of youtube videos on tezos and you will discover that it is a full fledged Ethereum competitor.

edshiro 9y ago

Ethereum has competition. Look at NEO (https://neo.org/ https://neo.org/).

nugget 9y ago

Given that Ethereum is open source, the real value comes from their ecosystem (broadly defined). What if Microsoft branched Ethereum and created MicroCoins, and moved a few hundred developers and researchers from Microsoft Research onto the project, and then created incentives to rapidly scale up miners and other parts of the ecosystem. Would they create $xx billion in value? Crypto prices could continue to rise, and since I own a few coins and tokens for fun, I guess I should hope they do. But I've never understood how valuations so high can be supported given the relatively low barriers to entry (relative to multi-billion dollar valuations). I'd define myself as soft skeptic - I acknowledge I could be wrong and undervaluing first-mover advantage. I just don't understand how or why.