RE: 2018 Will Be Ethereum's Year?

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2018 Will Be Ethereum's Year?

in steem •  7 years ago  (edited)

I kinda doubt smt will lay any shadow on ethereum, the purpose is simply not the same. SMTs are not smart contracts.

I, on the contrary, believe that 2018 will definitely be Ethereum's year with all the ICOS that were funded in 2017 beginning to release their products in 2018.

Plus you vastly underestimate the first mover advantage imo. Look at bitcoin, it's incredibely slow, has enormous fees, and is basically a relic from the past. And yet it's the no1 and no crypto can match even half its marketcap. Mostly because the exchanges only offer btc/somethinglese pairs, and nowadays we see more and more eth/something pair. So even if EOS is a better tech, the first mover advantage will keep eth on the top for this year.

Especially since every blockchain dev has heard about ethereum but almost none heard about EOS.

tl;dr : IMHO eth will dominate eos for a long time thanks to its developer base and partnerships

that's my 0.02 sbd anyways ;)

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There is a massive difference between ETH and BTC in terms of first mover advantage. BTC has made people money and continues to be a store of value (for better or worse) - that is basically it's main use case. ETH has a ton of dApps and projects that simply can't succeed or scale if Ethereum doesn't figure out how to scale before the competition does. Projects will jump ship if there is a better alternative, and EOS already has projects that are banging at the door for their mainnet launch. I am heavily invested in both project (EOS/ETH), but my money is on EOS at this stage - ETH has too much baggage that will mean the evolution of the platform will not be quick enough to keep up with the revolution and quantum leaps that EOS and other 3rd gen platforms are going to take.