Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Power on May 14, 2018, 04:06:59 PM
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
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Etherium have erc20 and because of it 90% icos are using it, and then this tokens needed to be sent then you need etherium, so more icos there the more etherium is used.
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Aside from cheaper transaction fee, Ethereum also has smart contracts. Smart contract works like a normal contract however smart contract uses cryptographic code or to put it simply smart contracts are programs that execute exactly as they are set up to by their creators.
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ERC-20 tokens, many start-ups are funded by the etherium. The etherium has other possibilities, besides the completion of transactions.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
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Bitcoin is made as a substitute for regular money, therefore it is a valuable medium of payment.
On the other hand, Ethereum is developed as a platform to facilitate peer-to-peer smart contracts
and applications via its own cryptocurrency.
Although both Bitcoin and Ether are digital currencies,
the main purpose of Ether is not to establish a position as a payment method unlike Bitcoin,
but to allow developers to build and execute distributed applications (ĐApp) It is to make Ethereum work smooth.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
I do not think there's so much ethereum excellence over bitcoin, but etherum is suitable for members who still have minimal income, like myself
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Bitcoin is like a very precious coin in the universe that the price reached 20k before and now it plays in 8-10k. While eth is on 700$ in this case I would rather chose to have eth than bitcoin as what the budget says. However I would like to have bitcoin too. And more good thing of ethereum.
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Bitcoin right now like dollar in crypto world, i think that will never hit the poing higher then bitcoin.
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The good thing of ethereum is the ERC-20 token. You are allowed to store tokens that newly comes in crypto. The world now of crypto people accepted the ethereum base token. More convenient to use.
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I think ethereum advantage is erc-20 wallet. Can send token to this wallet and no problem to convert. While Bitcoin is the main coin in crypto the basis price of all alts. Then next ethereum the basis of next coins after bitcoin.
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Ethereum is de facto standard of ICO fund raising, It has many utilities, games and decentralised exchanges are built on ethereum exchange such as cryptokitties, etherdelta. Ethereum casper upgrade will make I more scalable and efficient blockchain.
Due to its multiple functionality and features it will surely surpass bitcoin in next few years and will become the crypto king until unless any new innovative blockchain project try to overs mart them or bitcoin upgrades itself with smart contracts and other ethereum functionalities along with other new cutting edge functionalities. Ethereum will definitely be the coin of the year in 2019-20.
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Ethereum is de facto standard of ICO fund raising, It has many utilities, games and decentralised exchanges are built on ethereum exchange such as cryptokitties, etherdelta. Ethereum casper upgrade will make I more scalable and efficient blockchain.
Due to its multiple functionality and features it will surely surpass bitcoin in next few years and will become the crypto king until unless any new innovative blockchain project try to overs mart them or bitcoin upgrades itself with smart contracts and other ethereum functionalities along with other new cutting edge functionalities. Ethereum will definitely be the coin of the year in 2019-20.
Almost perfect sides of ethereum advantage than bitcoin. In my opinion ether will not overtake bitcoin even how large,huge and popular still ether will not overtake bitcoin with respect to the original.
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ethereum has a relatively cheaper transaction fee hence suitable for people with low income. Also ETH has the potential to rise over the nect few years
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Will the good thing is ETH is cheaper than bitcoin on doing transaction.
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Ethereum use around the world side by side of crypto nation. It is widely accepted as wallet and helps the people like crypto. Freshly name that no any issues of scam while bitcoin there are too many issues and negative mindset of the people.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
The smart contract with Ethereum makes it stand out. Also most of the new ICO prefer to use the ERC20 standardized wallet.
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i think aside from the law price when doing a transaction is also of being fast performance..
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Etherium have erc20 and because of it 90% icos are using it, and then this tokens needed to be sent then you need etherium, so more icos there the more etherium is used.
Thats it! The only reason why eth is more popular and going strong because it is use 90% in crypto. The wallet is available for all new coins.
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I think there are still many advantages we get in ethereum and the main thing I feel is about the price that is still cheap and it is very potential to invest in the long term.
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Eth will keep growing every year. you can see price increases every year
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for now eth price is very cheap but it is not possible eth will replace btc or surpass btc price.
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I agree to others that its being wallet as erc 20 smart contract container is one of the advantage of ethereum than bitcoin. Only that I think the most ethereum charm than bitcoin.
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Of course, smart contracts is basically the invention of the century and thanks to ethereum we can use it efficiently and create amazing projects.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
A very informative reply to the OP and
It seems that eth has more advantages than bitcoin, My question is, why eth still at the 2nd place of bitcoin even it has more advantages? Do you think the whales are controlling behind eth to make bitcoin still on top and the dip is one of their strategy to make this things possible?
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ETH transactions are really cheap. Actually 3 weeks ago I send eth with 4 cents of fee. But this week the gwei for lowest transaction has increased.
ETH transactions are also much faster than BTC.
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Hmmm I would say ethereum has a smart contract technology and it makes it way better comparing to bitcoin. You cannot argue with that fact.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
On this answer I see the advantage of eth over bitcoin, it has a greater service compare to the original crypto.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
Hello bobcrypto. I see your answer as the best answer among others . Thank you for this one.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Yes It is true, Ethereum is cheaper transactions fee than bitcoin and smart contract. Most token use eth.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
It is a good quote mate. I agree with you. Ethereum is mother of tokens. many advantages of ethereum.
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ETH is cheaper than bitcoin when doing a transan, is there any other advantages of ETH over bitcoin aside from this one?
Yes,these are some of the advantages or features of eth over bitcoin.
1.Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.
2.Ethereum assigns a cost, known as gas, to every operation or use of storage on the blockchain. Bitcoin transaction costs are based simply on their size.
3.While bitcoin has a scripting language built in, it’s very limited in functionality with only a few dozen operations. Ethereum has a full general-purpose language integrated (known in computer-speak as Turing-complete). Programs written in this built in language are known as “smart contracts”.
4.Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
Agree with this. And if ethereum will come to the point that they will reduce the number of tokens supply in think the chance of this altcoin to become more expensive is very positive.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Yes It is true .Ethereum is cheaper for transaction fee than bitcoin. Ethereum is mother of tokens. Many tokens used ethereum.
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ETH is a cryptocurrency which removed the limitations that existed in Bitcoins.
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The good thing of eth? Which in point Good thing from Ethereum it's a very neat management of smart neatly so Ethereum very satisfy to its investor
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Ethereum is cheaper transaction fee, It is good thing of ethereum. I like it.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Yes I agree. Ethereum is cheaper transaction fee. It is the advantages.
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As for now the gradual recovery is happening. With regards to popularity and activation of ethereum progress it seems the aggressive growth of investors happened even until now. Crypto people wants the product and service of ethereum that's why they(we) like it.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Yes I agree. Ethereum is cheaper transaction fee than bitcoin. It is the advantage of eth.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
I agree mate. Ethereum is cheaper transactions fee than bitcoin. Ethereum is more potential. It is smart contract of ICOs.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
The good thing of ethereum is cheaper transactions fee, more potential, many tokens used it.
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Ethereum itu kelebihan nya lebih murah daripada bitcoin pergerakan nya juga cepat kalau modal nya paspasan kita trading investasi keuntungan nya lebih besar
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Yes I agree mate. It is good thing of eth. It is cheaper transactions fee other bitcoin.
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Good things from eth can multiply our exchanges, and eth can help convert tokens form to eth
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
Ethereum is smart contract, many token used it. It is the good thing of ethereum , ethereum will more popular again. Lets see.
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There is common use of ethereum that makes popular in crypto such as fast transaction, almost or widely accepted by altcoins, it seems the major basis of other alts. That's what I think of some good of ethereum.
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I wasn`t really hopeful for the last couple of weeks but I think things are starting to look good. Both technical analysis and eth improvements seem really promising
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It is true that ethereum is cheaper to do transaction than bitcoin and besides I think with the price of ethereum which still cheap mean still have the potency of very good price increase.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
I think It is good thing of ethereum, It is cheaper transaction fee than bicoin. I believe ethereum will overtake bitcoin.
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ETH is cheaper than bitcoin when doing a transaction, is there any other advantages of ETH over bitcoin aside from this one?
I believe ethereum will overtake bitcoin.
If ethereum overtake bitcoin then we should wait for more time. I don't know what you really mean about overtake because it can be the value, popularity, or the attraction.
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And besides cheaper transaction fee, Ethereum has a slightly different economic model than Bitcoin – Bitcoin block rewards halve every 4 years whilst Ethereum releases the same amount of Ether each year.
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the other side which is advantageous from eth compared with bitcoin, eth fee is cheaper compare to bitcoin, maybe for you who know better side of coin eth in compare with bitcoin please give me explanation.
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the other side which is advantageous from eth compared with bitcoin, eth fee is cheaper compare to bitcoin, maybe for you who know better side of coin eth in compare with bitcoin please give me explanation.
This was positives are so striking in the etherium if compared with bitcoin. etherium cheaper besides etherium also highly transparent.
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the other side which is advantageous from eth compared with bitcoin, eth fee is cheaper compare to bitcoin, maybe for you who know better side of coin eth in compare with bitcoin please give me explanation.
In my side, I appreciate how eth does to my current holding in the previous trades that I was doing. This was very important with respect to trades on eth platforms tokens, without it you won't do your trades successfully.
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It bring forth success and profits to their investors from all angles.
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It bring forth success and profits to their investors from all angles globally. I appreciate how eth does to my current holding in the previous trades that I was doing.
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Ethereum to process the large number of transactions that take place across its network. In Ethereum the block time is set around 15 seconds and the network betters Bitcoin’s 10-minute transaction speed through the smart handling of stale blocks by using the Ghost protocol.
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it's true that eth is cheaper than bitcoin, and I think eth has the advantage of speed in transactions, and that's what I really like.
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Etherium has a lot of uses, besides that, Etherium can be used as an investment, as a smart contract, and then blockchain Etherium technology can be used in everyday life and there are many more features of Etherium
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Ethereum's profit is also very good, because many new projects from ICO use flatform ethereum, so for us ethereum coins are so good that we hold.
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Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds
This is what I like the most in ethereum. But in spite of this bitcoin remain as the best crypto. With this I am thinking the bitcoin influence is the reason among all of its success.
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Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds
This is what I like the most in ethereum. But in spite of this bitcoin remain as the best crypto. With this I am thinking the bitcoin influence is the reason among all of its success.
Agree. Influence is always the strongest strong hold of someone and or something the fact that it is because of bitcoin why all crypto currencies now are existing in the market. So still bitcoin remain as the top one among all of it.
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Ethereum is a decentralized cryptocurrency.The good thing of it is the price value now is cheaper compare to Bitcoin.
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I think ethereum and bitcoin are also good for us in the long run, but the problem of transaction costs I believe ethereum is still low compared to bitcoin.
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Ethereum ERC20 tokens compatibility is most important advantage of ethereum because lot of icos using ethereum platform . So future it will more popular among the cryptocurrency users.