Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Fact on October 22, 2017, 01:29:34 PM

Title: Many Ethereum competitors like NEO, EOS, NEM, etc. Are they a threat ?
Post by: Fact on October 22, 2017, 01:29:34 PM
 Ethereum have a network of developers and projects supporting the Ethereum platform.

While other platforms have different and, arguably, better ways of handling certain parts of the stack, the truth is that 90% of developers and businesses building new blockchain applications are going to do it on the Ethereum platform.

This is a building effect. More developers means more projects, which leads to people making better Dev tools and learning materials, which creates better opportunities to create applications, which creates more developers and projects….

This platform effect is the most powerful thing going for Ethereum today. Even a killer platform that objectively is better than Ethereum on all fronts will have to overcome this network effect… which is no easy task.
Title: Re: Many Ethereum competitors like NEO, EOS, NEM, etc. Are they a threat ?
Post by: titi on October 22, 2017, 03:38:57 PM
Maybe in a couple years, but allowing developers to code in their languages is much appealing than making them learn solidity
Title: Re: Many Ethereum competitors like NEO, EOS, NEM, etc. Are they a threat ?
Post by: The Translator on September 07, 2018, 09:02:46 AM
Many altcoins are trying to shift Ethereum's position. Some coins are trying hard to occupy the seat that is occupied by eth. NEM, EOS and NEO are the toughest competitors for eth. But of these three coins, NEO is the strongest competitor. NEO also uses smart contracts like ethereum. And the coins from China are reported to have received a lot of support from the Chinese government.
Title: Re: Many Ethereum competitors like NEO, EOS, NEM, etc. Are they a threat ?
Post by: mahadev on September 07, 2018, 09:07:59 AM
Quote from: Fact on October 22, 2017, 01:29:34 PM
Ethereum have a network of developers and projects supporting the Ethereum platform.

While other platforms have different and, arguably, better ways of handling certain parts of the stack, the truth is that 90% of developers and businesses building new blockchain applications are going to do it on the Ethereum platform.

This is a building effect. More developers means more projects, which leads to people making better Dev tools and learning materials, which creates better opportunities to create applications, which creates more developers and projects….

This platform effect is the most powerful thing going for Ethereum today. Even a killer platform that objectively is better than Ethereum on all fronts will have to overcome this network effect… which is no easy task.

I think EOS is threat in ethereum .EOS is good coin and very potential to be the next ethereum.