Thanks for sharing! I recently discovered really interesting story explaining why Ethereum Classic may surpass Ethereum. It would be interesting to find out what would be your opinion on this subject matter. Here it is:

As an early Ethereum supporter, I've come to the difficult conclusion that Ethereum Classic will eventually surpass Ethereum in market capitalisation in and around the Casper transition.

Why?

I've empirically discovered (for myself) that the economics of PoW are fundamentally different than PoS.

Ethereum will excise all it's miners during the Casper transition and this will collapse its internal crypto-economy that drives its current market-cap.

Since Ethereum Classic intends to maintain PoW (even if hybridized), it will not suffer the marketcap excision of (2).

During (2), the miners will likely migrate en masse to Ethereum Classic (rather than forking) resulting in the transitive transfer of the lost ETH value into ETC (via the crypto-economics of mining).

On the basis of (1), (2), (3) and (4) and assuming nothing else environmentally changes, it's clear that this value transfer will occur. I've personally re-positioned my own holdings based on this reasoning (which was a painful decision, since I was one of those blockchain developers who berated ETC during the DAO fiasco).

Is there anything that could change this inevitable outcome?

Unlikely. Suppose that dapps like Augur or Swam City become massive successes. The demand-side liquidity they induce should offset the downside from (1)-(4), except that:

Any dapp success or innovation on Ethereum can (and most likely will) be duplicated on Ethereum Classic, since it's all open sourced.

The only scenario I see that can keep Ethereum beyond Ethereum Classic is the promise of mass scalability from Casper & Sharding. This means a dapp that cannot be computed on the Ethereum Classic network. Though this could happen (assuming casper + sharding were astounding technical successes), this scenario is far ahead into the future and all of the above still needs to occur before then.

On this basis, Ethereum Classic is likely to surpass Ethereum during the Casper transition. What are your thoughts on this?

Being a bit newer to cryptocurrency, this is a post I have saved to re-visit as I learn more about the technology, various use cases, and macro-market scope. Very technical, but you make it easy to do the research on considering the references below! **Gave you a follow - I'm a crowdfunding advocate and learning about cryptocurrency to ultimately democratize access to capital for all...the government regulations completely choke out innovation.** Looking forward to reading more of your posts!

Interested

I don't know much about Tauchain or EOS but Tezos seems to me like the most promising in smart contracts outside of Ethereum.  I believe its possible for a few of Ethereum Dapps to failed due to bugs in the smart contracts.  Similar to what we saw with the DAO. Its unlikely but possible.  All the major DAPPS have undergone intense audits but their is still room for human error.  This is one main reason we see a slow release of Digix and Augur.  They want to be extremely careful to test heavily with their beta users to ensure the contracts are secure before what potentially could be millions of crypto running inside them.  Tezos may solve on of the key problems of hard forking since it can self upgrade with its governance system and seed fund itself.  OCaml may offer safer smart contracts.  Tezos def has great potential to be good option for developers seeking greater security although the benefits of Tezos or any other smart contracts platform may not out weight Ethereum's growing network effects.  A good example is Bitcoin.  All the troubles with the blocksize war and yet here we sit at 30 billion dollars due strictly from its first mover advantage.  Not b/c its a better system.  Brand name matters.

dana, what  people mean by "immutability" ,this is the reason why bitcoin maximalist prefer bitcoin, they argue etheruem does not have "immutability." Thanks.

Dan has been hinting that there will be an inbuilt mechanism to reverse transactions (?) by agreeing on arbitrer/legislation when entering a contract. If this is true, it will significantly
1. Lower barrier of entry
2. Lower costs of failure
3. Lower costs of development
4. Increase speed of development
5. Decrease payoff from fraud or malicious behavior

In this case EOS would have the benefit of speed, scalability, ease of development and lower risks. It could also be expected that it has decentralized governance unlike Ethereum and low or zero tx costs, which would open it up for much more use-cases.

All current crypto's have the problem that holders collectively have to pay the price if a criminal manages to steal coins. I don't know how high Bitcoin or Ethereum would be by now if there never was a Gox or DAO situation. That is a very real cost. In addition there is a cost to trying to prevent such failures. If EOS has a mechanism to reverse such transactions by decentralized consensus, it would be a massive leap forward. This probably isn't too obvious, but it's implications on trust, development and agility would be significant.

Good points in this blog.  Good to see I'm not the only one that is thinking about this. The biggest group of uneducated investors in mankind get's a shot to determine the price of a crypto. It's an interesting world we live in.  I found this amazing platform: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths.  Check for example:  https://www.coincheckup.com/coins/Ethereum#analysis To see the:  Ethereum Indepth analysis

dana-edwards thanks! I am new to this blockchain world, so I started to invest recently in ETH... reading your article just in terms of investing, I feel like I made a mistake?

Thanks for this introduction.

I have a simple question:

Which one, based on the speculation, do you favor the most? I am trying to read as much as possible about EOS and I find a bunch of other things here.

Just asking! :)

So it's difficult to enter into this kind of interesting ISO.
I hope it'll open soon.I expect the reaction of the mayor.

Nice post
Very glad you introduced me to Tau chain, it looks very promising

I'd write about it if I understood it more, although I try to refrain from crypto articles in my posts as I think it can put off newcomers

What is the DPOS you speak of with respect to EOS? Admittedly I haven't looked into EOS much