Viewing a response to: @arckrai/re-thecryptofiend-could-litecoin-replace-bitcoin-20170622t161516013z
I don't think ethereum will replace it even if it takes the no. 1 place in the market.
author | thecryptofiend |
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permlink | re-arckrai-re-thecryptofiend-could-litecoin-replace-bitcoin-20170622t161849271z |
category | bitcoin |
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Besides, what I find rather frustrating about ETH is the "gas money" it requires, meaning that it is not good for micro-transactions, but LTC and DOGE are welo known cryptos that can handle micro-transactions.
author | sthumacher |
---|---|
permlink | re-thecryptofiend-re-arckrai-re-thecryptofiend-could-litecoin-replace-bitcoin-20170622t162828281z |
category | bitcoin |
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thecryptofiend | 0 | 22,361,875,458 | 1% | ||
aksinya | 0 | 947,444,234 | 1% | ||
middle-theory | 0 | 469,255,122 | 1% |
Recently the amount of gas needed has been rising sharply. Those crazy ICOs don't help.
author | thecryptofiend |
---|---|
permlink | re-sthumacher-re-thecryptofiend-re-arckrai-re-thecryptofiend-could-litecoin-replace-bitcoin-20170622t163626964z |
category | bitcoin |
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Even the Delta Exchange (The ETH based trading platform) requires gas for every action done, so, from my side, ETH is only good when I trade it for BTC - not for any other thing. I wouldn't even use ETH for ICOs, any other alternative will definitely do.
author | sthumacher |
---|---|
permlink | re-thecryptofiend-re-sthumacher-re-thecryptofiend-re-arckrai-re-thecryptofiend-could-litecoin-replace-bitcoin-20170622t164035668z |
category | bitcoin |
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