Ethereum: a Dark Horse Pick for Sound Money?

in #ethereum6 years ago

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I'll admit Bitcoin (BTC) would really have to screw up to lose to Ethereum (ETH). Now that ETH switched to Proof-of-Stake, which is a power hungry whale's paradise. Prepare for a mutable coin run by an oligarchy instead of by an Autocrat (Vitalik). But never say never, Blockstream could miss the boat and lose.

How they could make a comeback?

Ethereum runs a tight ship using AI or computers to be validators. People are too greedy and bribe-able to have that much power. Then EOS tanks and ETH regains former defectors. Hence they must move to a very centralized algorithms were Ant-miners or stronger process the transactions. Multi-GPU gaming rigs go the way of the dinosaur in ETH mining.

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Their blockchain becomes far more powerful and can handle far more transaction then Bitcoin (BTC).

Ethereum transaction fees tank down due to better tech and more efficient transaction processing. This could jump start them into a massive Merchant Adoption frenzy.

They dump Solidity for more common programming language. If almost all programmers know the common language then Smart Contracts get used more.

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(Solidity)

Ethereum restricts it's tokens more, preventing fako-ICO pump and dump schemes. Perhaps, a Token must have collateral before being issued. So if TokenA is scam they forfeit their collateral and are disavowed by Vitalik Buterin.

ETH focuses more on hardware development. Makes their own Ant-Miner clones, Ethereum hardware wallets, more Crypto ATMs that support ETH.

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