Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pokxon on July 09, 2018, 06:50:05 PM
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I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20
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I fully agree with your thoughts... there is too garbage and scam or simply projects that haven't nothing concrete on ETH blockchain now
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I totally disagree with your opinion. This is not how we can blame ERC20 platform. This is a great opportunity that anyone can launch a project with low cost by ERC20 platform through smart contract. And there is also lots of costs to make the ICO successful which is 5x more than having a smart contract. Like, building website based on blockchain and also promotional cost bla bla...So, it is not that much easy as we think.
So, In my view ERC20 in best for a smart contract.
Thanks
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At the beginning I bought token on the Ethereum network but lately I'm getting interested in the blockchain NEO and I'm interested in various projects, including Spotcoin. In this article, it's explaines the Spotcoin’s place in the NEO universe: https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23
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NEO has a high cost for creating tokens on their platform so the tokens are much less likely to be a low level scam.. but tokens for either project can be successful or not all the same.. just slightly less risk of it being an outright scam on NEO's project.
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I totally agree with you mate And thats one of the reasons spotcoin decided to run on a neo platform.
Read on how Spotcoin will make NEP-5 tokens work for everyone
https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23
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NEO has a high cost for creating tokens on their platform so the tokens are much less likely to be a low level scam.. but tokens for either project can be successful or not all the same.. just slightly less risk of it being an outright scam on NEO's project.
I'm agree with you, scam project are possible in both Ethereum and NEO blockchain. But i think that projects on the NEO network are less likely to be scam.
Another great article on Spotcoin project that I would advise you to read: https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23f
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I agree with you because ERC20 is a lot of garbage tokens.
so that my wallet is full of strange tokens, which I don't know come from...
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Interesting. Since I'm newbie to this, can you give what popular projects is live now in the NEO platform? Maybe the bounties campaign too. :D
What about the wallet for this platform, is it the same with ERC20?
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I do not agree with your arguments. To assert that ICO projects on the NEO platform are better only on the basis that their smart contracts are more expensive. The ICO teams raise millions and tens of millions of dollars in their projects and even some thousands of dollars does not matter at all.
The ERC-20 tokens based on the ethereum platform are somehow more customary, I always choose to join the ICO on the erhereum platform.
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I prefer to choose ERC20.
Although it is widely used for fraud, it depends on your own ERC20 security. And don't give your security (ERC20 private key) to fraudsters.
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I think too many shitcoins on ethereum network.
Neo projects mostly trying to do something. I think, i would prefer neo.
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I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20
I personally prefer choose a token on ERC20, I think ERC20 in best for a smart contract.It is my opinion.
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I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20
I think I prefer choose ERC20, It is secure. I think It is good for smart contract. It is my opinion.
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Projects on the NEO platform have more to become successful than on the Ethereum platform. Neo is a less well-known platform, but already now many projects prefer it.
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It depends of the project. Personally I choose more ERC20 tokens, because the projects are very much so it is easy to choose the best project who is interesting for me. The NEO platform is also good and the projects are less in comparison with the Ethereum platform.
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Even if I prefer ER20 because Ethereum blockchain is more stable than others and tested for big usage there is lots of garbage coins/tokens with Eth blockchain, NEO is newer but very promising so many coins are choosing its blockchain.