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re: Official CryptoTalk Thread

Posted on 4/30/17 at 8:20 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
19009 posts
Posted on 4/30/17 at 8:20 pm to
quote:

“Beyond a leadership vacuum, bitcoin’s ‘leadership’ is less clear and toxic,” he said. Fx position definition “The content on the bitcoin discussion boards feels like squabbling while Ethereum’s is talking about relevant issues and new ideas.”

Ultimately, Ehrsam’s most pronounced criticism was that the Ethereum perhaps has momentum on its side, as he said the network is making “faster and more consistent” technical progress than bitcoin.
We shall wait and see.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 4/30/17 at 8:32 pm to
I dont think you have to wait and see

Ethereum has a transaction time of 15 seconds versus Bitcoin's which can be 10 minutes or longer. From what I read Ethereum is hoping to eventually transition to a security model that will allow it to further reduce its transactions time to 3-4 seconds.

Ethereum is fully programmable via its Solidity smart contract language. So basically, there are an unlimited number of things that you can do with Ethereum that you can't and never will be able to do with Bitcoin.

Its in the top of the first inning as well just like the electric motor. I actually spent a few hours reading about it, watching some videos and I really see nothing to stop this from being bitcoin size or greater. I dont believe its even traded in china as we speak and china is one of the reasons bitcoin is soaring so much in the last 24 months. So if I read right and its not traded in China, just imagine what happens when that occurs.
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