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RE: ERC 777 To Replace ERC 20 Tokens ?
The real question is if we are going to truly see ETH getting adoption. I mean ETH dapps have virtually no users compared to STEEM dapps.
HOWEVER, the Truffle Suite (a Consensys project) was just accepted and put into the Microsoft Azure toolbox, so things get easier every day in Crypto Land.
Thays what I’m thinking and increasing costs of gas makes micro transactions even less of a priority! I’ve yet to find a ETH dapp that really impressed me and I’d be willing to use, I could be bias towards steem
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Ethereum actually has market cap behind their dapps instead of just a full flush of smaller dapps. Its pretty easy to get a ton of users on a dice type game compared to something business type related. But a business type dapp would pay 1,000x higher in market cap.
That is true, but you see the big difference is that one is a handful of users and the other is many magnitudes more, and in adaptation, it's a no-brainer who the king is and who can't compare, except for how many "businesses" are in it, without any kind of "actually has market cap behind" it, it kills ETH at everything, effortlessly, and as it was pointed I'll reiterate that it's fatal flaw of fees will make sure that it cannot compete. Let's say this is geared to professionals who pay membership for it, how much nonsense will be shoved in people's face all over the net and TV for something that is no more than an expensive gimmick compared the actual working system?
You need to also realize how the current world works. and why 95% of people still do the same crap and care nothing about their finances and wonder why they never get ahead. People mindlessly pay fees left and right where they don't need to be. It's a sad truth and people only have themselves to blame. There is a free version of Microsoft office called open office that works better then Microsoft yet more people pay huge fees to Microsoft. That is just one of many MANY examples.
You can I think differently and see the bigger picture unfortunately not many others think this way.
Brand name is a very powerful thing.
They aren't mindlessly paying, they have come to expect that if you want product support you have to pay for the people giving you the support, and that's what they pay for. That and also that they don't even know that there are alternatives, though, I'm sure some are not willing to trade what they've come to expect for something that is new and free as the cost to maintain support themselves for the software might be costlier. Like I've said, this will be shoved in everyone's face because it's all about the Name and not at all about the product.