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Bitcoin subreddit has +140k users, Ethereum has +3k. Despite it seeming super cool and impressive, there just isn't a significant community developing around Et
by untilHellbanned 12y ago
Bitcoin subreddit has +140k users, Ethereum has +3k. Despite it seeming super cool and impressive, there just isn't a significant community developing around Ethereum. And you can't make the case that Ethereum is newer as its been around longer than the Dogecoin community and that has 80K users.
I want to care about the alt-coins, especially Dogecoin, I just agree with fredwilson and @cdixon that only Bitcoin has the network effects going for it. Impressive developers being behind the sidechain concept, see e.g., blockstream.com, will only further the gap.
- aaron-lebo 12y agoYou've got good points, but Ethereum is older than Dogecoin in technicalities only (if that). I think Vitalik Buterin has been working on the concept since November or so of last year, but Dogecoin was out and live in December. Ethereum only had a proof of concept in the early part of this year and won't have a final release until next year. If Ethereum can release and be everything they say it is, there's plenty of time for a community to build up around it. It is difficult for a community to coalesce around something which isn't running.
- untilHellbanned 12y agoI do recognize the technicalities of Ethereum vs. Dogecoin trajectories. It just seems that like Dogecoin, most succesful things get into the wild fast and there is an MVP for people to interact with. The two year wait for Ethereum isn't ideal and with the sure rise of Sidechains (because powerful people are behind it), the deck is increasingly stacking against them. It just seems like were talking Opera vs. Chrome, which if you remember Opera gave up and implemented webkit.