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RE: Blockchain Literacy 101 & The Battle Of The Blockchains: Steemit vs. Ethereum, Lisk, etc…?
I'm real fan of Ethereum, it's the most sophisticated system now. Regretfully, parhaps, over-sophisticated. Dapps reqire from devs very high qualification and do not forgive (TheDAO). There are plenty Dapps coming, but only few are firmly connected to the real life.
Bitshares is very interesting plaform, it'll be great if they succeed with Bitland project. Its code is not very complicated, but it's infrastructure project.
Lisk IMO is ETH cosplay
Ripple has enormous potential for banks.
very nice overview ! and very true indeed.
Fun Fact:
did you noticed that
Karl-Theodor Maria Nikolaus Johann Jacob Philipp Franz Joseph Sylvester Freiherr von und zu Guttenberg
( :D this is the name of only one person)
joined the ripple labs in 2014
This is a funny fact about ripple. ( check him out ! "Karl-Theodor zu Guttenberg")
And its even more funny that ripple really could have a potential for banks.
But what would this tell us about banks :D
maybe the truth !
greeting to Mr. Guttenberg (without the Dr.)
I agree but sadly all of the traders/investors are so focused on the potential of Ethereum, and trying to profit off of a future system (that has not reached the mass level it needs to be as effective as it can be) instead of Steemit which is literally moving faster everyday and more & more people are posting every day. If investors would look at the website and see the value of STEEM and STEEM POWER then I think we could see STEEM reach ETH levels.. even though they are not correlated.
Could you recommend any resources that well describe the differenxmces between Ethereum and Bitshares?
I've read only white papers. Bitshares in many ways is first version of Steem.
The biggest difference - Ethereum is full-Turing language, you may write very complex applications, but result may be quite unexpected hehe. Bitshares - simpler things, but the dumbest farmer has biggest potatoes. Example: https://steemit.com/bitshares/@steempower/the-bitland-project-is-set-to-empower-ghana-through-land-title-registration-corporate-license-approved
Yes. @chris-bates' Bitland project is one of the leading pioneers in real-life, socially-beneficial applications. Very inspiring...
I mean it's ideal application - it has real value. If successful, results will be seen to everybody. Results of Ethereum Dapps on the first stage are rather negative, IMO because of high complexity.
And if one were to look into coding for the blockchain, do you have any recommendations for which language would be most benefitial to learn (whether or not I wind up trying my hand at coding for steemit or another platform).
I know many banks are taking blockchain tech into consideration and a few have already implemented them More Banks Are Trying Out Blockchains For Fund Transfers or are trying them out.
I think, if you know C++ well, it's no problem to learn code in any of specialized languages, such as Solidity or Python for Ethereum etc.. I know nothing about Steem coding, though.