TIME TO BELIEVE THE HYPE? WHAT IS ETHEREUM AND IS IT READY FOR EOS? - Crypto Nights Episode #3
Ethereum has gone from strength to strength over the last year, but are times about to get harder?
In this week's episode, @alexmavor and @antonburton discuss Ethereum, what makes it so unique and the problems it could face in the near future
Again, thank you so much for all your comments and upvotes, they really do mean a lot to us!
This week's shout outs went to @johnchamberlain and @terrybrock - really worth following guys.
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I hope for both of them have a great future
@madarauchiha I am also optimistic, but I wonder if it will come down to survival of the fittest?
Thanks.
Alex
I think we will see a higher price per coin than today but as you say it will come down to the fittest
Does EOS have a limit on its eventual amount like BTC, LTC, and XZC?
You did say that ETH has no cap.
There is an expected annual inflation of 5% for EOS.
5% is the potential maximum if EOS holders vote for that increase each year.
@fersher - Very good question but the answer is not so simple! We will answer it in next week's episode!!
Alex
Great work @alemavor on this one. Particularly enjoyed working with you on this topic and certainly will be interesting to hear peoples thoughts and comments!
Good info as always! Thank you for the shoutout. Keep up the good work!
@terrybrock - our pleasure! your feedback last week was very valuable and we have been enjoying your content for a long time now!!
Alex
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STOPHm, interesting. It is not hard to believe that ETH will have a hard time scaling. They will probably learn from BTC, but that means they will always be #2 like that. Also, BTC coming out with some very interesting scripting making smart contracts possible. So That leaves ETH either switching to PoS to maintain their wealth and never outgrowing BTC, or risking it all and coming up with a new problem to actually solve.
@tbit interesting point - I guess then that the question is: is there room for more than just bitcoin at the top?
Thank you for the comment!
Alex
Absolutely :)
Hi, Alex and Anton, thanks for the shout out, and for sharing another episode of Crypto Nights. I read your midweek Ethereum blog post Alex, and liked how you summarised it in this video. Well balanced piece, also how you guys are engaging with commentors is cool, good job!
Thank you so much for your kinds words and contribution to last week's episode that led to this week's!
I really hope that you stick with the series as we will only be getting better!
Alex
Great video guys.
My thoughts are this. It is easier to conclude that cryptcurrency/blockchain is here to stay as opposed to which crypto will be the winner. You did an excellent job breaking down some of the differences.
I view ETH's lack of a finite number of coins as a huge negative. To me, this removes one of the largest arguments for a cryptocurrency. At the same time, while they have a head start in smart contracts, they arent going to be the only game in town. Lee build the LTC platform on bitcoin blockchain and has it as a goal to create smart contracts. Hence, I think LTC will beat out ETH if this happens.
Overall, I think BTC, because of the publicity that it already has ends up as the digital store of value with LTC being the money. If Lee adds in smart contracts, that is an added bonus because payments coming out in LTC versus ETH might be more attractive.
@taskmaster4450 thank you very much!
It is comments like this that really help the series, like everyone else, @antonburton and I are learning all the time about developments in the crypto-world!
Alex
Was surprised to see that Ether doesnt have a cap. wont this inflationary nature of supply be a hindrance to high price?