RE: Ethereum's Growth Bottleneck: Can Rising Prices Support Usability Cost, or will @dan's new EOS Project Prove A Heavy Contender...?
Functional programming languages like OCaml are better for producing secure smart contractions. @dantheman favors Wren last I checked so if he is going with that then he favors performance over security. The design of EOS seems geared for performance. That said you can get security with performance but it is very hard to write bug free code. We really have to give him credit for producing Graphene which relatively speaking is more bug free than most code produced. But the problems come when people write smart contracts without being experts at writing secure code and this is where OCaml and Tezos will shine because security comes first.
Read the Tezos position paper, whitepaper, and other resources. These guys know what they are talking about and other than Tauchain Tezos is really the main project I was looking at.
https://tezos.com/static/papers/white_paper.pdf
https://tezos.com/static/papers/language.pdf
Their smart contract language is based on OCaml not Javascript like with Solidity.
thanks, Dana.
may need to dig in to further my technical knowledge. I did read the Whitepaper, though don't know enough of the technical distinctions to see all the advantages - or rather, the implications as to in what ways these improves upon blockchain tech may be most beneficial for upcoming applications.
as such, that's one advantage I do see Ethereum having in the space, as their marketing is pretty good and alot of the dApps coming out are straightforward on the front-end usability, without having to know the technical back-end particulars. not sure if Tezos is focused strictly on the tech right now, or what their gameplan is for implementation and strategic development of simplified applications on the front-end. same for Tauchain. though suppose the tech gotta come first - and if it's that good, may inevitably catch the interest of those who can expand it out and grow the vision for it's integration into commerce and society...