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Messages - Zuriel

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181

Ethereum Forum / Re: The good thing of eth

« on: June 14, 2018, 08:07:17 PM »

Quote from: Bobcrypto on May 15, 2018, 09:28:13 PM

Quote from: Pinoypogi on May 14, 2018, 04:06:59 PM
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.

182

Ethereum Forum / Re: Why Ethereum is so popular now?

« on: June 14, 2018, 08:04:10 PM »

Quote from: bosshyip on May 19, 2018, 06:04:57 AM

I think Ethereum was one of the first chains to have a lot of functionality outside of being "just money." That's not to say there aren't others now, but the concept of Smart Contracts and building dapps was very exciting when Ethereum first launched. Now the project just has a lot more traction than any of its "competitors.

Right! I see this advantage of ethereum is the very reason why it is now popular.

183

Cryptocurrency Price Speculations / Re: ETH price keep dropping

« on: June 14, 2018, 08:02:24 PM »

This is how bitcoin dictates the market when it is crashing all altcoins do not have the power to hold its current stable situation.

184

Cryptocurrency Price Speculations / Re: Will Ethereum have a future?

« on: June 13, 2018, 11:02:39 AM »

Is that $2000 or $20,000?
For me $2000 for the end of this year could be possible but I think not the $20,000.