Millions upon millions of dollars are being poured into companies built around Ethereum for a reason. If you look at the open positions for Consensys you can see just how many positions and projects one company has going on.
Ethereum has a working smart contract on the foundation website, as well as an online compiler to test with.
EOS looks like the most developer-friendly crypto I've seen. If you can write in a language that can compile to WebAssembly, then you can create a DApp on EOS.
I don't know much about ethereum though, does it offer anonymity functions of some sort?
It's just not done like that, or show me Bitcoin's Crowdfunding calendar, let me show you the hundreds there are for Ethereum...
Not to mention, both are doomed with very high fees.
I own both, but there are many improvements to go :)
But ... it may be a long time before that theoretical superiority translates to practical. Ethereum has been plagued by a hard fork and semi-regular thefts that exploit hard-to-write contracts, plus the Parity bug:
https://arstechnica.com/information-technology/2017/11/with-...
None of this inspires confidence. Only after ETH can go for a while without these nightmares can it regain its well-deserved spot in the lead. (And imho that would involve a migration to a less error-prone language.)
The closest Bitcoin had was the database code in a client implementation that had to be fixed (and had major consensus).
If I make a vulnerable website it's not nginx/Django/Postgres's fault.
The reason Ethereum hasn't taken over the dominant position yet probably has more to do with Bitcoin's superior brand penetration. Most Bitcoin holders that I know personally have very little actual understanding of how any of the crypto currencies work under the hood, so they follow the general sentiment of the community/press and do not invest based on technical merits.
I agree that Parity was merely an application on top of ETH, but it was widely used and indicates that users can innocently get snagged by something like that.
>If I make a vulnerable website it's not nginx/Django/Postgres's fault.
If nginx/Django/postgres/PHP have defaults and syntax that make it extremely easy to open up vulnerabilities, then yes, that is a strike against them, and a valid reason to build on a less flaky platform or wait for them to iron that out.
>The reason Ethereum hasn't taken over the dominant position yet probably has more to do with Bitcoin's superior brand penetration.
Or they're people like me, who were excited, then saw the nasty warning signs.
Personally I don’t give a damn about which coin is the most practical currency, just show me which one is most likely to have a meteoric rise so I could throw a few bucks into it and pull out before it all goes bust.
But one to watch is https://www.telco.in/
But Litecoin in particular has had crazy corrections in the past. There are also many LTC hodlers from when it was pennies on the dollar who will now want out.
Litecoin has more potential for pumping though because it can be pitched as a better Bitcoin, which will cause a mania in the masses who missed out on Bitcoin the first time, leading to a much more powerful rise in price in a shorter period of time.
I’m telling you, this is it!
I certainly wish I can kept putting money into it instead of selling at $4k though.
although, to be fair, at least with penny stocks, they actually represent some companies whereas blockchain coins are more about a store of value and a bunch of other stuff
Litecoin has never been about actual utility or usage. It has always just been about being a store of value, and just copying every development from Bitcoin.
There are definitely altcoin that are different and interesting in meaningful ways. But not litecoin.
They just want a better Bitcoin.
Related, but not directed at prev comment... If anyone actually cares about sound, uncensorable money, then they should look to the $300B network that has been battle tested and withstands constant attack. BTC has prioritized stability and security, and done very well in that regard. I understand that btc businesses, and the small minority that purchase from them, are frustrated that the digit cash use-case is more difficult right now. From my perspective though, the proven stability and security is far more valuable in the long run, and is something that other coins only talk about. I think btc has to go through a full financialization to complete its price discovery (eliminate the massive volatility) before any mass adoption of a cash use-case is practical. Luckily, futures and ETFs are incoming, and lightning network is testing on mainnet.
Litecoin has a cool name, a good position on the charts, and all of the same issues that bitcoin has.
They've swallowed the poison pill of "copying everything that the bitcoin core development team does", which means they hate low fees and on chain scaling just as much as the bitcoin community does.