[dtube] Thoughts on Potential EOS Flippening of Ethereum
Darren Connelly asks "what about future EOS flippening of ETH? Extremely hypothetical as it's not even launched properly yet, but what do you think? DO A VIDEO :)"
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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ultimately it depends on the vision and innovation in those communities. I believe in Vitalik and the engineers there.
Long term, maybe. Same as with Steem against normal social networks. Even if the projects are super great, unless they have a huge backing, the economic background of monopolies tends to rule over the short-term success of projects.
Your pronunciation of Eos is interesting. I like how words like chaos and eos are pronounced in the last syllable. I have to perfect my pronunciation of that phoneme. It has always been hard for me in my unnativeness.
And thanks for this review. Even though certain things are "common sense", they don't really come to mind to untrained minds, and you seem to have a lot of experience in the field.
As you mentioned in your video. I don’t think this is gonna happen. Yes, just to keep up with ETH having made so much progress would be pretty difficult for any EOS. Have you noticed ETH is coming to huge support? I’m ready with my fiat to attack.
In top 100 cryptocurrencies by market capitalization ethereum is second while EOS is six on the charts, ethereum market cap is $38.00b while EOS is $4.55b, ethereum is doing good in coin market, this is one of the cryptocurrency I respected because of there valued and volatility second in coin market capitalization, thank you for this informative video @louisthomas.
Hey Louis, have you ever used Dlive, I hear it doesnt take a slice of your profits, but Dtube does. I dont do a lot of videos, so this is not from personal experience, but something I learned from another Steemian
It will be interesting to see how much established infrastructure and first mover advantage are able to support ETH and other large cap cryptos long term. My concern is that the huge number of new tokens and coins will dilute the market, so that even if the total crypto market cap increases, the value of each coin/token decreases. It appears promising that many coins are holding their market share relatively well, including BTC, ETH, LTC, etc.
I agree, it'll be very hard for any Ethereum competitor to beat Ethereum at this point. But I do see a Windows vs. Mac type of future between Ethereum and one other large competitor.
That's a good analogy, but until Ethereum migrates to POS, I think EOS is going to have a massive head start with regard to capturing enterprise developer support. Currently, Ethereum is simply too slow to develop large scale DAPPs. This website tracks blockchain capacity and Ethereum is almost always at 100% capacity: https://www.blocktivity.info/
Good point about enterprise developer support. The same goes for a lot of DAG projects that claim to be horizontally scalable.
I own only EOS and not ethereum
Tomorrow will be like today... Until it isn't.
Ethereum will hold as it has it's ecosystem, but for that same reason, it will be slow to adapt and will be overtaken
Great video Louis but any idea how ethereum will solve its scalability problem.