RE: 3 Reasons Why Ethereum Is On The Move
I agree that in relation to bitcoin cash ethereum is undervalued. One thing that is really nice about bitcoin is its polished nature. For everyday users ethereum is cumbersome. I mine the coin, but I don't have a fundamental trust of the wallet software like I do with any of the more polished and well tested bitcoin wallets. I have tried just about all of them and end up having to use a sketchy looking website to open up my key store file. The official wallet crashes while loading the blockchain. Other wallets are command line based.
This isn't a problem that is only challenging ethereum. Other coins like monero have terrible wallet software. While it may be a great technology a more polished end-user experience will lead to more acceptance. At least my .02 cents.
The speed of ethereum is awesome! I can't believe how fast it confirms most of the time. And the programmability is very cool. I see much potential. I just hope the developers will build some better tools for end users.
Sure the speed seems fine now, but did you try sending money during the ICO madness? The congestion was so bad it took me half a day to send ETH.
I remember reading about a gas limit increase. I haven't experienced a slow confirmation speed yet, but so far I have only transmitted my mining income to a wallet and then some to exchanges. I'm glad I haven't experienced one of those slowdowns yet. My worst was a BTC transaction using electrums highest fee taking 2 days. I ended up pushing it using child pays for parent. What a pain.
But honestly compared to an ACH transaction it is amazing! Even wire transfers are frustrating. I made a wire transfer for $800 from chase to coinbase awhile ago and got grilled for 10 minutes on the phone by an angry sounding New York based Chase employee even though I had sent many transactions in the past to the same account. It finally sent 8 hours later.