Viewing a response to: @cryptofreedom/re-joshmocek-re-cryptofreedom-a-smart-contract-platform-without-transaction-costs-or-the-need-for-gas-will-finally-make-dapp-development-practical-an-20170603t201854923z
That was a very simple explanation because yes it is very retreavable info, but it would still have some applications. And even still if it were to host a website, it would be viable as long as the gas price is lower than hosting your website. So wouldn't it come down to effeciancy? Say you are paying hosting to be able to support 10k users at once, but you only had max 5k on your site. Wouldn't ethereum work better because it's dynamic and could potentially charge you less? I could be totally wrong cause I'm still trying to fully wrap my head around smart contracts.
| author | joshmocek |
|---|---|
| permlink | re-cryptofreedom-re-joshmocek-re-cryptofreedom-a-smart-contract-platform-without-transaction-costs-or-the-need-for-gas-will-finally-make-dapp-development-practical-an-20170603t202734851z |
| category | eos |
| json_metadata | {"tags":["eos"],"app":"steemit/0.1"} |
| created | 2017-06-03 20:27:33 |
| last_update | 2017-06-03 20:28:42 |
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| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "A Smart Contract Platform Without Transaction Costs or the Need For 'gas' Will Finally Offer Proper Incentive To DApp Developers. An 'Ownership' Model Will Always Be More Efficient Than A 'Rental' Model In Terms Of Entitlement From Stake." |
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Ethereum is far less scalable than it needs to be, and is very slow to adopt. Hosting a website on Ethereum would require users to 'pay' for the resources required to interact with the application in the first place, which is something most users are not willing to do. There's lots of good info on Ethereum and eos on youtube and Steemit as well.
| author | cryptofreedom |
|---|---|
| permlink | re-joshmocek-re-cryptofreedom-re-joshmocek-re-cryptofreedom-a-smart-contract-platform-without-transaction-costs-or-the-need-for-gas-will-finally-make-dapp-development-practical-an-20170603t203252392z |
| category | eos |
| json_metadata | {"tags":["eos"],"app":"steemit/0.1"} |
| created | 2017-06-03 20:32:24 |
| last_update | 2017-06-03 20:32:24 |
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| last_payout | 2017-06-10 20:32:24 |
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| root_title | "A Smart Contract Platform Without Transaction Costs or the Need For 'gas' Will Finally Offer Proper Incentive To DApp Developers. An 'Ownership' Model Will Always Be More Efficient Than A 'Rental' Model In Terms Of Entitlement From Stake." |
| beneficiaries | [] |
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| johnsmith | 0 | 200,115,586,329 | 100% | ||
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