Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

[ArcherCarmic]

Just to stoke the fire a little...

The growing worldwide acceptance of the Internet has made electronic currency more important than ever before. Purchases can be made through a Web site, with the funds drawn out of an Internet bank account, where the money was originally deposited electronically. People are earning and spending money without ever touching it. In fact, economists estimate that only 8 percent of the world's currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world.

http://money.howstuffworks.com/currency6.htm

According to the U.S. Federal Reserve Federal Reserve Economic Data , the broad money supply (M2) in the United States is currently $12.801 trillion, of which $1.445 trillion (11.3%) is currency in circulation -- that is, physical money. The remaining 88.7% is virtual -- bank accounts and other monetary assets of various sorts.

 

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[masterneme]

Yeah. That's what Netscape said too.



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Oh yeah the "look this software was very common and disappeared" comment. But can you show me any proof that Bitcoin is going to be replaced by something else or that is remotely less publicly known? I mean do you have any argument to show us that Bitcoin is going to fail with no doubt to the competitors, because just doing a quick search I got 115 million results for Bitcoin compared to 4.590.000 for Ethereum, I also found this article Who Accepts Bitcoins As Payment? List of Companies

Important porn sites accept Bitcoins through some merchants and alt coins are not in sight. Even these guys (adult web owners) claim that Bitcoin is less than 1% of their business and pretty much not worth it unless your merchant does it for you, you can check it on the GFY forums.

And if you want to buy illegal products and services on the deep web you use Bitcoins.

If Bitcoin is like Netscape, show us something backing up your arguments...

Now I'll go back to play with my Colleco while I wait...

P.S.: I detect an MLM vibe here, don't you? Maybe it's just me

 

[MitchM]

Oh yeah the "look this software was very common and disappeared" comment. But can you show me any proof that Bitcoin is going to be replaced by something else or that is remotely less publicly known? I mean do you have any argument to show us that Bitcoin is going to fail with no doubt to the competitors, because just doing a quick search I got 115 million results for Bitcoin compared to 4.590.000 for Ethereum, I also found this article Who Accepts Bitcoins As Payment? List of Companies

Important porn sites accept Bitcoins through some merchants and alt coins are not in sight. Even these guys (adult web owners) claim that Bitcoin is less than 1% of their business and pretty much not worth it unless your merchant does it for you, you can check it on the GFY forums.

And if you want to buy illegal products and services on the deep web you use Bitcoins.

If Bitcoin is like Netscape, show us something backing up your arguments...

Now I'll go back to play with my Colleco while I wait...

P.S.: I detect an MLM vibe here, don't you? Maybe it's just me

Most people who argue for Ether don't argue that you are ever going to be able to buy your groceries with it. It is the platform Etherium itself where the real value is. Are you arguing that you cannot see it being adopted even for the software? According to many of the posts here big names are already finding uses for it. You seem to be aggressively dismissing something with massive implications. I like that you are making people think but at the same time I hope you aren't completely writing this off.

 

[GlobalWealth]

Oh yeah the "look this software was very common and disappeared" comment. But can you show me any proof that Bitcoin is going to be replaced by something else or that is remotely less publicly known? I mean do you have any argument to show us that Bitcoin is going to fail with no doubt to the competitors, because just doing a quick search I got 115 million results for Bitcoin compared to 4.590.000 for Ethereum, I also found this article Who Accepts Bitcoins As Payment? List of Companies

Important porn sites accept Bitcoins through some merchants and alt coins are not in sight. Even these guys (adult web owners) claim that Bitcoin is less than 1% of their business and pretty much not worth it unless your merchant does it for you, you can check it on the GFY forums.

And if you want to buy illegal products and services on the deep web you use Bitcoins.

If Bitcoin is like Netscape, show us something backing up your arguments...

Now I'll go back to play with my Colleco while I wait...

P.S.: I detect an MLM vibe here, don't you? Maybe it's just me

I'm not making a case for or against Ethereum vs Bitcoin.

The point is the blockchain is a game changer. Anyone denying that is either too lazy to do even the slightest amount of research or just stupid.

My point is that all disruptive technology always meets big resistance and the naysayers are in the majority.

To say that Ethereum has no place only because Bitcoin came first is just plain ignorance of history.

Btw. No mlm from me. I tried Amway 25 years ago. I am VERY anti mlm now.

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[GhostCEO]

I'm not making a case for or against Ethereum vs Bitcoin.

The point is the blockchain is a game changer. Anyone denying that is either too lazy to do even the slightest amount of research or just stupid.

My point is that all disruptive technology always meets big resistance and the naysayers are in the majority.

To say that Ethereum has no place only because Bitcoin came first is just plain ignorance of history.

Btw. No mlm from me. I tried Amway 25 years ago. I am VERY anti mlm now.

I 100% agree with you. The point here isn't Ethereum, it's about the technology itself.

I really don't know about what the future will look like for Ethereum or Bitcoin, or anything else.

What I do know is that this technology has got a huge potential.

Maybe we won't replace more traditional currencies. And that's OK. Because even if we do not replace them, the disruption potential in many industries is huge.

I think that the people who didn't read or watch videos about Blockchain technology really should. There is a lot to learn, and when you start to understand the tech, you will soon start to understand why it's potential is so huge.

 

[LateStarter]

But can you show me any proof that Bitcoin is going to be replaced by something else or that is remotely less publicly known?

Yeah @GlobalWealth! Break out that crystal ball and show me the future! Bahaha! Sorry.. I'm not trying to be trolly but c'mon @masterneme. Get real. All of this is speculation. But the fact the Eth has more capabilities beyond currency IS the value.

The transactional impact for any space dealing with digital content distribution alone could be huge.

 

[masterneme]

Most people who argue for Ether don't argue that you are ever going to be able to buy your groceries with it. It is the platform Etherium itself where the real value is. Are you arguing that you cannot see it being adopted even for the software? According to many of the posts here big names are already finding uses for it. You seem to be aggressively dismissing something with massive implications. I like that you are making people think but at the same time I hope you aren't completely writing this off.

Many people argue for the technology like you say but I don't see this in this particular thread, what I see is that this can be a "business opportunity", and that if we deny it we're fools because it's going to be "mainstream undoubtedly" and is "our loss" if we don't take advantage.

Massive implications like massive potential doesn't mean massive results, because if this doesn't get massively adopted it will have zero effect. Like I said, people are arguing about the coolness of the platform because of the profit potential not because of the influence in Society.

And people investing time and money in this are doing it because it's "free money" not because of the technical implications.

What I see is people getting excited about some tech with an uncertain future (like any tech) for the wrong reasons. And any legitimate criticism about it is getting counter argued with "feelings", the use of "fun/mockery" and "unbacked statements".

I don't know much about investment but I think one of the rules is do it using your brain not your heart.

And my brain tells me that those early adopters are developing for the platform because Ethereum it's the new kid on the block and they're trying hard to be the first ones the same way you have to be higher on the MLM pyramid to make money.

Those getting late to the party will create another block-chain-tech-based platform, the early adopters will make money and it will fade off. The same way people are investing/speculating with ETH because they lost the Bitcoin-millionaire train.

No one (except the "nay-sayers") is paying attention (in this thread) about the inherent weaknesses being some of them unsolvable, like the slowness, the need to share bandwidth and storage and the impossibility of making automated/recurring data transfers. Which transaltes in the major weakness, the mandatory need to make huge amounts of people use it in order to make it work effectively.

 

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[Thoelk]

I see it from both sides -- I have angel investments in two companies that are building ETH-based applications and I own a decent amount of ETH.

The point of my comment is that I'm surprised that so many people who consider themselves entrepreneurs are so disinterested (and even outright antagonistic) to a technology that has the potential to revolutionize a range of industries and an even wider range of verticals within those industries.

I assume either people aren't interested in a ground-floor opportunity in what could reasonably be a potentially trillion-dollar industry or people are just too lazy to make the effort to learn a new technology in order to open up that kind of opportunity. Given that so many people around here talk about how difficult it is to come up with good ideas, I'm assuming it's not the former; which leads me to believe it's the latter.

And that surprises me.

I would guess the 2nd part in combination with the first. People are lazy... They dont want to keep on learning.. And thus are not interested. I'm loving this technology evolution From deep learning to blockchain and am investing my spare time in learning & practising the implementation both.

Great thread! Only those who adapt will reap the benefits... So interesting times are ahead...

 

[fhs8]

I think that what the pro-ether people are not understanding is that cryptocurrency is not needed. US currency is digital. Adding a blockchain is not needed and only complicates things. It's hard to look at it from a non-biased point of view when someone has ether or bitcoin money. The volume used in commerce doesn't come close to justifying the market cap of cryptocurrencies. I would say that over 99% of cryptocurrency price is from speculation.

 

[fhs8]

If you truly feel that way, my guess is that you don't understand the implications and use-cases of block-chain. The entire purpose of block-chain is to remove complication -- the complication that comes from human intervention, lack of redundancy, lack of security, etc.

1. There is no human intervention when you shop online with credit cards. What are you talking about??
2. What lack of redundancy? Having a block-chain for money is redundant not electronic money.
3. Lack of security? I would argue that block-chain is more dangerous because transactions aren't reversible. Once you lose your money it's gone for good. Exchanges have been hacked and emptied. There have been far more breaches in block-chain and security issues than digital money. If you're phished out of a username and password for an exchange/block-chain bank you can lose it all with block-chain currency but with digital currency logging on a bank website won't reveal a credit card number for example so you won't lose any money. Hackers love anonymity and block-chain solves the big issue of how to avoid being caught.

 

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[maverick]

Blockchain is not just 'currency'. The ability for 2 parties to come together with a binding contract without an intermediary creates massive opportunities. As people seem to need examples, I'll provide a few:

- Know Your Customer (KYC) compliance is a massively inefficient, manual and repetitive set of activities that financial institutions have to do for each customer they have. So if you're a customers across 3 different banks, they will all follow their processes and procedures to get to the same net result. With a private blockchain instance they could pool together their resources and save a tremendous amount of time and effort.
- Build a Data Management Platform (DMP) that connects brands with consumers directly, effectively taking out the middlemen of ad tech.
- Search is currently centralized. Blockchain will be the foundation that is used to build a company that will change the paradigm of 'searching for information online'.

Obviously, taking out the middlemen of any transaction will lower the cost.

 

[Mineralogic]

I'm not making a case for or against Ethereum vs Bitcoin.

The point is the blockchain is a game changer. Anyone denying that is either too lazy to do even the slightest amount of research or just stupid.

My point is that all disruptive technology always meets big resistance and the naysayers are in the majority.

To say that Ethereum has no place only because Bitcoin came first is just plain ignorance of history.

Btw. No mlm from me. I tried Amway 25 years ago. I am VERY anti mlm now.

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All I can say is great thread. I am very happy many here don't get ETH yet. I will simplify it all for you although I have seen a few posts by parkerscott and another user who completely NAILED IT. This is Bitcoin 3.0 or better.

I see it as building a whole new web and application based trustless ledger platform which will power a more liberated future or maybe a darker technocratic future. The big banks are all about technocracy, technology, and control grid on the masses while also saving trillions of dollars. ETH will do all this with its smart contract features plus it will displace bitcoin much more than the current holders of BTC think.

Bitcoin is 8 years old and still has NO KILLER APP or usable interface for most people. Its also full of anarchists, anti government, and chinese commie pockets, There has also been alot of political theatre and the price has been going up as people have been selling due to technical things and illiquidity, giving it a false sense of support.

Ethereum has major US corporations, multinationals, behind it and the developer community smokes bitcoin. Someone posted they went to school with the founder of Ethereum. freaking awesome. SO basically as an investor in ETH, the token or gas on how the network is represented financially, you will have a stake in the platform. Also, several apps have been doing IPOS basically, called ICO, so there is bubble type behavior in the sector. Its a weird situation, lots of venture capital starting to come in, and stories of complete idiots who live in their basement who got in early and made 100G as is

One can make several cases on how ethereum could displace organizations and corporations in certain areas.

 

[GlobalWealth]

Blockchain is not just 'currency'. The ability for 2 parties to come together with a binding contract without an intermediary creates massive opportunities. As people seem to need examples, I'll provide a few:

- Know Your Customer (KYC) compliance is a massively inefficient, manual and repetitive set of activities that financial institutions have to do for each customer they have. So if you're a customers across 3 different banks, they will all follow their processes and procedures to get to the same net result. With a private blockchain instance they could pool together their resources and save a tremendous amount of time and effort.
- Build a Data Management Platform (DMP) that connects brands with consumers directly, effectively taking out the middlemen of ad tech.
- Search is currently centralized. Blockchain will be the foundation that is used to build a company that will change the paradigm of 'searching for information online'.

Obviously, taking out the middlemen of any transaction will lower the cost.

And what you are completely not seeing is that bitcoin and ethereum are WAYYY more than just a currency.

In fact that may be the least significant feature.





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[fhs8]

Blockchain is not just 'currency'. The ability for 2 parties to come together with a binding contract without an intermediary creates massive opportunities. As people seem to need examples, I'll provide a few:

How does it create massive opportunities? Is there credit or chargeback ability?

- Know Your Customer (KYC) compliance is a massively inefficient, manual and repetitive set of activities that financial institutions have to do for each customer they have. So if you're a customers across 3 different banks, they will all follow their processes and procedures to get to the same net result. With a private blockchain instance they could pool together their resources and save a tremendous amount of time and effort.

KYC is for banks verifying someone's identity before they open a bank account. Pretty important to prevent other people not authorized from taking the money. I have no idea what you mean about private blockchain pooling together resources having to do anything with KYC. Without KYC what stops someone else from using the funds without authorization from the account creator?

- Build a Data Management Platform (DMP) that connects brands with consumers directly, effectively taking out the middlemen of ad tech.

That's horrible. Without the "middleman" thieves/hackers can set up websites that take payment but not ship out goods and then shut the store down. No ability to get funds back.

- Search is currently centralized. Blockchain will be the foundation that is used to build a company that will change the paradigm of 'searching for information online'.

More marketing BS that means nothing. How would blockchain be the foundation to build a company and change search? It sounds so stupid.

Obviously, taking out the middlemen of any transaction will lower the cost.

Not really. Debit cards cost very little to process.

And what you are completely not seeing is that bitcoin and ethereum are WAYYY more than just a currency.

In fact that may be the least significant feature.

Ok then tell me what it is. I've been waiting for someone to explain why it's better.

 

[Mineralogic]

And what you are completely not seeing is that bitcoin and ethereum are WAYYY more than just a currency.

In fact that may be the least significant feature.





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I got to say, bitcoin is a JOKE vs Ethereum as far as utlity, tangible value upside, cost savings, future smart contract potential, etc

It would be like investing in Moneygram franchise when there are 100 other things a blockchain cryptocurrency can and should do at the right scale and investments into

Ethereum IS the 1st platform to truly take advantage of the BLOCKCHAIN

so if any of you want to invest in the BLOCKCHAIN, start your own deal, or buy passively buy taking a stake in ETH, then monitor along the way

If you want to buy into an anarcho/commie stake of a digital asset and shoot for capital gains trading or MAYBE a new store of value, thats what btc has only proven itself for so far. No one knows who invented bitcoin or when those original coins could be dumped as well.

 

[Loffinds]

You're so excited about cryptocurrencies but are blinded about the evidence that ETH will NOT be the one used because no one gives a damn about it, Bitcoin is the only one that the public kinda knows, is the official currency used on the deep web and it's the one that everyone talks about, the other ones will perish.

And the main characteristic of these examples is that they're SLOW, PAINFULLY SLOW. You forget that we people are selfish and are not going to give up SPEED and are not going to have our devices connected 24/7 to share the data of any block-chain database giving up our own disk space. You forget that decentralized also means SHARED and people don't want to share.

Slow?
As in Bitcoin average confirmation time slow?
As in 150 minutes per transaction slow?
Average Confirmation Time

Bitcoin is having ridiculous scaling issues right now and transaction fees and confirmation times are through the roof. Try to process a BTC transaction and you can see how fast your Bitcoin really is.

While we are discussing and arguing this whole Bitcoin vs Ethereum concept, let's once again re-iterate that THEY ARE NOT COMPETING!

Bitcoin was built to solve one problem, Ethereum was built to solve another.
This Quora answer is fantastic -

Purpose

• Bitcoin is a currency
• Ethereum is a platform for running decentralized apps (aka smart contracts)

Supply

• Bitcoin is deflational
  • The overall amount of BTC ever produced is limited
• Ethereum is inflational
  • The ETH supply in unlimited

Security

• Bitcoin is simple and limited
  • The built-in language is stask-based and stateless
  • That’s why you can not express a loop and it’s not Turing-complete (this means, that there are some programs, that are impossible to write)
• Ethereum has a rich programming language built-in
  • The built-in language is Turing-complete (this means that you can code anything you want)
  • More complexity implies more opportunities to make an error

Adoption

• Bitcoin has a first move advantage
  • My mom knows what Bitcoin is
  • The community is a lot bigger
  • It’s easier to get started
  • There are already a lot of places where you can pay with BTC
• Ethereum is less knows and younger
  • It uses “move fast and break things” motto
  • It learned from Bitcoin and fixed a couple of issues in it’s design
  • The community is smaller and therefore has more developers than speculators

To sum up:

• They’re not competitors
• They coexist and solve different types of problems

 

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[maverick]

Is there credit or chargeback ability?

You are missing the point. Stop treating blockchain like a currency or a way to do a financial transaction only. Let's say that there is no credit or chargeback ability AS OF NOW - however that can be built because of the logic in ethereum.

KYC is for banks verifying someone's identity before they open a bank account. Pretty important to prevent other people not authorized from taking the money. I have no idea what you mean about private blockchain pooling together resources having to do anything with KYC. Without KYC what stops someone else from using the funds without authorization from the account creator?

You know how they do KYC right? They have Compliance people sitting behind their laptops, doing desktop research and pulling documents from their archives. It's a very manual process and every bank has its own department of people doing the exact same work as any other bank. What if there is 1 decentralized repository that they all use? So bank #1 does the due diligence on a customer; this process doesn't need to be done by bank #2 as they all have access to the same decentralized repository.
For example:
Cost of compliance and regulatory productivity | Deloitte US

That's horrible. Without the "middleman" thieves/hackers can set up websites that take payment but not ship out goods and then shut the store down. No ability to get funds back.

You missed this point as well. DMPs are used in combination with SSP/DSP to programmatically buy advertising space from an advertising middle man. By using blockchain you could take away this middleman. What would be an example of this? Well, you could setup a value transaction where users trade their demographics/psychographics/etc/etc for incentives. This is already emerging in the pixel advertising exchanges that are popping up.
See here for example: Announcing a new Blockchain-Based Digital Advertising Platform

Not really. Debit cards cost very little to process.

You are missing the cost of the entire infrastructure and the fact that: very little * a lot of transactions = $$$$
Also
Very little > nothing

"Highlighting the potential for banks, Santander issued a report in 2015 estimating that blockchain "could reduce banks' infrastructure costs attributable to cross-border payments, securities trading and regulatory compliance by between US$15 – 20 billion per annum by 2022.""

See: Beyond Bitcoin: The blockchain revolution in financial services

Ok then tell me what it is. I've been waiting for someone to explain why it's better.

I will repeat myself: The ability for 2 parties to come together with a binding contract without an intermediary.

Take a minute to step back and see what value exchanges you do on daily basis that require some form of 'contract' (verbal/physical/whatever) that uses a middleman. All of these middlemen can be cut out, making the process cheaper and more efficient.

 

[Mineralogic]

Slow?
As in Bitcoin average confirmation time slow?
As in 150 minutes per transaction slow?
Average Confirmation Time

Bitcoin is having ridiculous scaling issues right now and transaction fees and confirmation times are through the roof. Try to process a BTC transaction and you can see how fast your Bitcoin really is.

While we are discussing and arguing this whole Bitcoin vs Ethereum concept, let's once again re-iterate that THEY ARE NOT COMPETING!

Bitcoin was built to solve one problem, Ethereum was built to solve another.
This Quora answer is fantastic -

Purpose

• Bitcoin is a currency
• Ethereum is a platform for running decentralized apps (aka smart contracts)

Supply

• Bitcoin is deflational
  • The overall amount of BTC ever produced is limited
• Ethereum is inflational
  • The ETH supply in unlimited

Security

• Bitcoin is simple and limited
  • The built-in language is stask-based and stateless
  • That’s why you can not express a loop and it’s not Turing-complete (this means, that there are some programs, that are impossible to write)
• Ethereum has a rich programming language built-in
  • The built-in language is Turing-complete (this means that you can code anything you want)
  • More complexity implies more opportunities to make an error

Adoption

• Bitcoin has a first move advantage
  • My mom knows what Bitcoin is
  • The community is a lot bigger
  • It’s easier to get started
  • There are already a lot of places where you can pay with BTC
• Ethereum is less knows and younger
  • It uses “move fast and break things” motto
  • It learned from Bitcoin and fixed a couple of issues in it’s design
  • The community is smaller and therefore has more developers than speculators

To sum up:

• They’re not competitors
• They coexist and solve different types of problems

not completely correct imo, Ethereum is the BLOCKCHAIN PLATFORM we are talking about that is programmable blockchain basically. ETH is the token or cryptocoin paired with it. Contracts need consideration to be legal. ETH/Ether is the coin that is easiest able to do this for trillions of smart contracts in the future

so in a way Ethereum and its token ETH do compete and make bitcoin irrelevant. And who wants to be invested with anarchos and commies btw.

 

[Loffinds]

not completely correct imo, Ethereum is the BLOCKCHAIN PLATFORM we are talking about that is programmable blockchain basically. ETH is the token or cryptocoin paired with it. Contracts need consideration to be legal. ETH/Ether is the coin that is easiest able to do this for trillions of smart contracts in the future

so in a way Ethereum and its token ETH do compete and make bitcoin irrelevant. And who wants to be invested with anarchos and commies btw.

Understandable, that is correct! They do compete in that sense, but I don't think that was necessarily Vitalik's main goal when he built Ethereum. It opens up a whole new world of possibilities compared to Bitcoin's simple transaction system.

 

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[Mineralogic]

I hope folks read this, summarizes ethereum/eth for ya and what this means that it did hit 100. Knew it would pullback after making headlines here! ha What does $100 Ether mean? – Humanizing the Singularity – Medium

 

[wade1mil]

You're so excited about cryptocurrencies but are blinded about the evidence that ETH will NOT be the one used because no one gives a damn about it, Bitcoin is the only one that the public kinda knows, is the official currency used on the deep web and it's the one that everyone talks about, the other ones will perish.

Bitcoing is only currency. Ethereum is anything including currency.

 

[Mineralogic]

Bitcoing is only currency. Ethereum is anything including currency.

I don't get guys who think the public will associate with and want to invest in bitcoin long term which is dark web/anti government/anti authority people but whatever...I guess the chinese did/do

 

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[JordanK]

Everyone is getting so worked up over Bitcoin vs Ether while some big stuff is happening with Ripple. They are specifically targeting bank to bank transfers and foreign exchange. Last night Ripple's market cap overtook Ether as the second largest cryptocurrency and it's still affordable at 0.18$ per Ripple up from 0.05$ a week ago. Ultimately it won't go as high as bitcoin ect as its core purpose isn't that way inclined but there is still massive potential for gains.

Ripple Price Rises 70% in 24 Hours

 

[Coalission]

Pending approval by @fhs8 and @masterneme, Dubai is planning to be the world's first blockchain city:

Dubai Plans to be the World's First Blockchain City - CryptoCoinsNews

What's the hold up guys? Governments, banks, scientists and corporate entities are just waiting for your go-ahead. Literally tens of thousands of engineers and geniuses are on the edge of their seats waiting on your word.

 

[Loffinds]

Everyone is getting so worked up over Bitcoin vs Ether while some big stuff is happening with Ripple. They are specifically targeting bank to bank transfers and foreign exchange. Last night Ripple's market cap overtook Ether as the second largest cryptocurrency and it's still affordable at 0.16$ per Ripple up from 0.05$ a week ago. Ultimately it won't go as high as bitcoin ect as its core purpose isn't that way inclined but there is still massive potential for gains.

Ripple Price Rises 70% in 24 Hours

I'm not very knowledgeable on Ripple, but Ethereum has replaced XRP once again for 2nd place in market cap.
And XRP has dropped 1 billion $ in market cap in the last 6 hours.

CryptoCurrency Market Capitalizations

Besides that though, I do agree that the tech is cool and they are taking an interesting approach with B2B. Interested to see where it goes.

 

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[MJ DeMarco]

I have no dog in the fight other than spectating...

What's the hold up guys? Governments, banks, scientists and corporate entities are just waiting for your go-ahead. Literally tens of thousands of engineers and geniuses are on the edge of their seats waiting on your word.

I can feel their reaction now!

 

[BlakeIC]

Very interesting stuff when you understand the concepts behind Ethereum.

I thought in the past it was just another cryptocurrency. Apparently not, this seems to be something wayyyy bigger.

 

[Mineralogic]

Very interesting stuff when you understand the concepts behind Ethereum.

I thought in the past it was just another cryptocurrency. Apparently not, this seems to be something wayyyy bigger.

yep, its way beyond another cryptocoin alleging to track or value the utility of simple "blockchain"

programmable blockchain and truly programmable money

8 years in bitcoin has failed at it because it doesn't truly capture the power of the blockchain. There's a reason only trading types of people are in the $1600 bloated monster called bitcoin and few truly use it

i think EVERYONE can see Ethereum and ETH will be used upfront , in background, or instead of certain industries in the future.

 

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[Coalission]

Very early IoT-Ethereum experiments:

 

[MJ DeMarco]

I have not dived into all the vids/linkage, but the information provided (on both sides) is astounding.

Anyone who wants to know more can find it linked here.

Thread moved to GOLD.