This was not only about spotting price moves before they happen. There is a lot more value in it.
I cannot express well enough how grateful I am to your work in you channel.
Regarding EOS and replacement. Don't you think the long time EOS will take to develop and implement its platform may allow Ethereum to update and improve itself and, at the same time, generate a big enough critical mass of developers and users to end up being the winner platform? Also, the Ethereum alliance is something EOS does not have.
I am sorry if I am taking nonsense. I am far from being an expert. (and I am sorry for my English as well)
You are viewing a single comment's thread from:
Dan answers that question in his recent interview. Just like Bitcoin, Ethereum now that it is operational, basically has huge issues updating to reach a level EOS or even Tezos has aimed for. Eth can update, but expect such improvements to be marginal.
I never expect ETH to process 10,000 transactions per second on their blockchain. Dan likened them doing that, to replacing the engine of a car while the car was running, and you would have to do that without stopping the engine.
Furthermore, technical difficulty ignored, imagine the political difficulty of upgrading ETH that much? There would be about 5 Ethereum Classics out there operating. Eventually, coin politics suppresses innovation, and this applies to ETH's future.
This is exactly what i honed in on in Dan's interview. The current ETH tech just doesn't even compare. It will never be able to compete with parallel processing.