/biz/ - Business & Finance

Both.

>>13454191
How could it be both a moonshot and a scam when the 2 contradict each other?

>>13454176
yes it would be great to get a developer's perspective about all these techs and see what are the most attractive
unfortunately /g/ hates crypto

>>13454207

Goes to Moon, still a scam

>>13454207
Moonshot and scam go hand in hand dude. Lol if you think legitimacy is the most important thing in crypto

>>13454209
Because /biz/ came from a divided /g/ newfag. Most of us oldfags are developers from /g/

>>13454224
And what is your view on ETH?

>>13454176
its likely both

>>13454191
This

full stack dev of 6 years + dabble in smart contacts
whether you like it or not, eth works today, no distant promises needed like a lot of "eth killers", has spectacular documentation(this is very important), and is still the defacto platform if you want to make a dapp, I don't see that changing. It's made & designed by developers, for developers, and developers eventually influence execs what tools to use.
I'm 25% in ETH so also clearly biased, take that into account.

>>13454176

>>13454176
the defacto dev coin

so big ecosystem compared to others

devs jobs led the charge for mobile apps in 2010

now smart contract jobs are starting to pick up 2020

blockchain engineer here
If you are not all in Ethereum you are doing it wrong

>>13454235
he's from /g/, he will only reply with smart-ass replies and talk how about C is best

>>13454215

This, the terms are almost fucking synonymous.

Calvin ayre will bankrupt Ethereum

Software engineer here. If they pull off scalability it'll be massive. Other smartcontract platforms are just copycats. ETH is the real deal. 10k possible next bullrun

>>13454358
this but unironically
even the best computer scientists haven't figured out how to solve the scalability issue for public chains
Ethereum team is working towards a Turing Prize

I love how /biz/ called ETH a scam back in 2016 and is still calling it a scam 3 years later when has objectively been proven not to be a scam.

/biz/ literally hates money

>>13454358
>>13454369
It all relies on the beacon chain, if they really bring randomness to a blockchain it's going to be 1st of a kind.

>>13454420
>randomness
doesn't that already work? what about all the casino games?

WOAH, this might be the first ETH thread so far in the last 2 years here that doesn't have someone inserting his ETH killer™ shillpasta.

>>13454453
Just wait bro :))

>>13454511
It'll probably happen now, but it is actually very impressive that it hasn't happened already.
I guess that /biz/ dying has been a positive thing.

I have 9 eth, millionaire when?!

>>13454258
>and is still the defacto platform if you want to make a dapp
yeah but dapps dont work on it. look at cryptokitties. probably never will scale

>>13454453
All the retards have been sucked up by creg Satoshi like a massive lightbulb for retarded moths

>>13454435
Nah, if you rely on blockhash then it can be manipulated by miners, and if they rely on an oracle, then it's not a trustless source of randomness. Eth gambling sites usually rely on those, or aren't even dapps to begin with. Cryptokitties has an oracle for example that's called when you birth eggs or whatever it is you do there.
Beacon chain might really simplify eth casinos but that's really not the objective, having a source of randomness that can't be manipulated or accurately predicted will be the thing that lets the system distribute workloads randomly and hopefully trustless manner. At least that's how I understand it so far.

>>13454547
>dapps dont work
I can literally go on crypto kitties and buy a kitty, literally right now and it's gonna work
at least word your fud better
and scaling is being worked on

>>13454538
2036

I just received BAT for having BAT Ads on in Brave, and the ad was for "State of the DApps" website with various ETH based games.

That's pretty cool. That's a working platform, and it's only going to get stronger. I think >>13454258 this is pretty spot on.

But but b-but next eth no.4234324 got 4234234 tps, scales, everyone diching eth for it soon!

>I know because head of marketing told me on telegram channel of this project I'm gonna be rich!!!!!!


>Stay poor ethfags!"!!

>>13454563
what about all these PoS coins that randomly choose validators?

>>13454682

I don't think you can pull "true random" on chain same as really solve "oracle problem" its about closest workaround desu.

>>13454682
like what? if you mean things like EOS and ARK then it's delegated POS and the randomly chosen validators aren't random. I don't follow every coin so I'm not familiar with what you're referencing.

>>13454699
Well the beacon chain tries to do just that, we'll have to see in practice if it works or not. Idk if anything can be truly random, in CS nothing can be random, but if it's spread out enough, can't be manipulated & predicted, then it'll be good enough.

>>13454176
When will you learn it takes multiple point of views and expertise to accurately describe why a coin has value. Asking a programmer why a shitcoin has value is comical

>>13454453
but muh centralized shitcoin can do 1000 tps

ONLY $100 MIL MARKETCAP

>>13454563
>>dapps dont work
>I can literally go on crypto kitties and buy a kitty, literally right now and it's gonna work
>at least word your fud better
>and scaling is being worked on
i played cryptokitties at the start. worked fine until it got popular and then fucking died. $30 transaction fee to buy/breed a kitten. yeah it works fine now because no one fucking plays it anymore. any popular dapp will die on eth.

scaling being worked on. delusional fuck. it will never scale.

>>13454176

Solidity dev. Its the only legitimate option right now but competition is coming soon. Polkadot or cosmos may implement real scaling before ETH 2.0.

>>13454897
>actually playing cryptokitties
there's your problem right there chumbo

>>13454897

>scaling being worked on. delusional fuck. it will never scale

This narrative right there is what buyed me time to grab as much eth as i can and thank you for it

On other hand you are retard.

Why why wouldn't it scale?

Everything will scale eventually.

Internet had "wont scale" debate for 10 years and we are talking about physical infrastructure not just code as case here.

>>13454341
>>13454215
>>13454191
this, ride the wave and get off when your in the green.

>>13454176
I think it's an interesting proof of concept, but the overwhelming portion of it's value is derived from it's usefulness as a vehicle for fraud, and not prospective business value.

>>13454699
>>13454717
I think I understand

what I don't get about dapps is that, from what I understand, every thing you do on your smart contract code costs gas. So for example if I have some app or game built on it, how can the user do simple things like changing the settings of something without having to pay money every single time?

>>13455757

Well game on bc (at least more than simple one) is not really blockchain usecase is it?
And its dumb idea.

That's why you see only gambling daps (decentralisation, easy transfer of value, low fees, anonymity, smart contract is public and inmutable bla bla=is good usecase for them).

Smartcontracts, NFT-s (underrated imho), STO-s (now ico scams are over) on other hand are..