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16557174 No.16557174 [Reply] [Original]

Is XTZ going to overtake ETH in market cap and become the dominant smart contract platform?

>> No.16557187

There is no threat to Ethereum. It threatens everything else, hence all the attacks it receives.

>> No.16557188

>>16557174
Not sure yet, however, Tezos has taken one contact and two STOs from Ethereum. If there are ongoing problems and delays with ETH 2.0 then Ethereum could be in big trouble.

>> No.16557368

>>16557174
Tezos has no developers and is a shitty dpos-chain. Look at the rise and fall of NEO, TRON and EOS. All have been in the top 5 because idiots thought they were "Eth killers"

>> No.16557371

>>16557368
I thought XTZ was PoS not DPoS? I guess that's interesting if true

>> No.16557389

>>16557371
He's incorrect with everything said
https://medium.com/tezos/liquid-proof-of-stake-aec2f7ef1da7

>> No.16557602

>>16557371
Dude...
LPOS or "Liquid Proof-of-Stake" and "baking" whyle tehnically not dpos will suffer from same drawbacks as dpos if everyone chose to delegate and since coinbase is literally everyones shoice atm i rest my case

I acually think tzx is better than all this noe/trx/eos shit but it jsut cant be "next eth" every fucking dev out there and big company is building shit on eth

>> No.16557665

>>16557174
I'm sympathetic to tezos, but in terms of adoption it's where ethereum was in 2015. Don't confuse marketcap with adoption. It has very centralized distribution and lack of mining means it centralizes even more l

>> No.16557693

>>16557174
eth may be a shitfest but tezos is a clusterfuck of monmunental incompetence... tezos threatens no project

>> No.16557699

>>16557693
>tezos is a clusterfuck of monmunental incompetence
Elaborate

>> No.16557701

>>16557602
>every fucking dev out there and big company is building shit on eth
jesus fuck you're stupid

>> No.16557735

>>16557699
look up the shitshow that was had with babylon going live. it's just dumb luck that they didn't push a critical bug live - they are way out of their depth... and they claim to be using formal methods. it's possible i suppose but if you are an incompetent fool then formal methods might not mean much. they are also run by amateurs and incompetents, look at the history of their project and the bribes they had to pay to unfuck themselves, both to the us govt and to a former "employee" (even more serious). or just ignore the red flags and go all in if you like extreme risk with a chance for moderate to middling gains

>> No.16557760

>>16557735

yeah man imagine if there's major bugs it's hard to believe people would put so much of their money into something with few devs when you can see projects like ETH with everything going for them (except price right now) and a great number of devs yet they are moving carefully so as to reduce errors and then you have TEZOS just going along unquestioned when it pales in comparison to such a huge project, so where are the answers to questions like number of devs? # of bugs found and worked on as we speak etc etc...

>> No.16557820

>>16557735
"They" don't run the show anymore. More competent people are in charge now. Arthur is now doing what he's good at, building things.

>> No.16557846

>>16557735
>they are way out of their depth
There are over comp sci 30 PhDs working on
Tezo's core protocol development.
>muh bugs
Show me ONE software project that never had bugs. Even fucking Boeing can't keep their flying algos 100%.

>> No.16558071

Nobody wants or needs a new smart contract platform. Look into Holo if you want something actually potentially game changing.

>> No.16558086

>>16557389
It's a dpos but they don't like that name and decided to create a new one as every shitcoin has done since the dawn of crypto, they also call the delegates bakers

>> No.16558097

>>16557368
Tezos is literally different from them tho...

>> No.16558211

>>16557174
Why shouldnt it? It is the best ETH killer so far. The real question is: What coin will become the Tezos killer?

>> No.16558240

More and more devs are migrating from eth to tezos because it´s better to build on. Tezos has the fastest developer community in crypto. Hundreds of devs are currently learning about tezos and more and more are getting interested. Nice dev tools have been built also

>> No.16558244

I have talked to both eth and cardano devs that have started building on tezos instead because its better

>> No.16558265

More and more devs are migrating from tezos to eth because it´s better to build on. Eth has the fastest developer community in crypto. Hundreds of devs are currently learning about eth and more and more are getting interested. Nice dev tools have been built also. I have talked to both eth and cardano devs that have started building on eth instead because its better

>> No.16558379

>>16558240
>>16558244
>>16558265
this
they announced in fall 2018 they wanted to train 1000 devs, they hit 1300 last month.
https://medium.com/tqtezos/1-300-new-tezos-developers-trained-in-2019-31b0719186dd
2020 will be a whole other ball game, it's hte real test of Tezos premise
It doens't claim to be revolutionnary because of staking, but better suited for modularity, constant evolution made easier on a large pool
Taht was a concept up until now, 2020 will say if the theory works, this time on real world volume.
If it holds, XTZ is going through the roof

>> No.16558606

>>16558265
>migrating from tezos
what? are there even any shitcoins built on tezos?

>> No.16558610

>>16557368
this

>> No.16558657

Tezos is on a league if it’s own
People who compare the two have no clue what’s going on
Tezos is what blockchain/Bitcoin was supposed to be
Everything today outside of Tezos is garbage

>> No.16558852

>>16558240
>More and more devs are migrating from eth to tezos
>>16558240
>because it´s better to build on
>>16558240
>Tezos has the fastest developer community in crypto
>>16558244
>I have talked to both eth and cardano devs that have started building on tezos instead because its better

Are you on drugs?
1.3k devs on tezos
250k devs on eth

Quick job search:
250 pagess of eth coding related jobs
0 resaults for tzx

Number of projects converting back to eth and capitulation on they own cahain to join eth ecosystem 3-5 day.

>> No.16558920

>>16558852
You are overthinking too hard. Look at the growth and confidence of Tezos' price recently.

>> No.16558985

>>16557368
>comparing XTZ to EOS
EOS started as a Tezos knockoff. Despite that, the EOS whitepaper reads like a freshman lit review, while the Tezos whitepaper reads like an actual whitepaper. That difference has carried over to implementation.

>> No.16559030

How the f do people think any token is going to take ETH's dominance in the SC/SOV/DeFi realm. Literally every non-blockchain company is building a product or researching ETH as the de-facto platform to build it's future upon. It may be a shitshow now with ETH 2.0 coming up but once ETH 2.0 successfully launches be prepared to get REKKT hard.

>> No.16559044

>>16558920
this is a >120iq post so please ignore if you are from outside of us / eu / jp / kr.
99% of the people here don't know that tezos recommends a fee of 1 tz per byte stored on network....thats now $1.70 per BYTE.
Its funny but high the staking percentage payout is at odds with making tezos a usable platform. The more ppl that fomo into tezos for muh divivdends are going to drive the project into being unusable for any real world application.

>> No.16559055

>>16559030
don't discount whats going to happen on liquid once simplicity is released. in the end only btc and eth will remain as viable SC platforms.

>> No.16559076

Aaaahhhhhhhhhhh

>> No.16559111

Yes it is.

>> No.16559113

>>16559044
pretty much the opposite
inflation induced via staking makes staking necessary to offset value dilution
thus every holder delegates his xtz, keeping the % of blocks "at work" high. the higher the number of stakers, the more efficient the chain is.
Staking solves one of the major problem of scaling, the dead weight , while increasing price stability

>> No.16559134

>>16558852
>fastest
>1.3k/250 are you on drugs?
>fastest means biggest
what did your mom feed you?

>> No.16559239

>>16557846
and yet those 30 PhD push several unknown bugs to the live network with billions of other people's money on the line. people stand to lose fortunes and those 30 PhD's who claim to know how to use formal methods push bugged out code live for a financial operating system. There is zero excuse for shit like that with financial platforms. there is also zero excuse for shit like that for Boeing. boeing knowingly cut corners, while these 30 PhD's thought they were doing shit correctly and they fucked the pooch right in the ass without knowing it.
>way out of their depth is the correct assessment for these dumbfucks
pushing buggy code live is inexcusable for ETH and it's inexcusable for Tezos. if a AAA video game maker wants to push buggy shit live then who gives a fuck, they aren't risking the loss of other people's money like tezos did. your heavy bags only make you stupid in this case anon.

>> No.16559245

>>16559113
>post about of shit about how ponzi's work -- never says how people will pay $5 per byte fees.

>> No.16559247

>>16559134
250k you retard

>> No.16559334
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16559334

Welcome to muh ETH KILLER 300!!

Same bullshit as NEO, HOLO, EOS, TRON and the list goes on and on...


1. They all experience a momentum hype with some revolutionary bullshit that will #REKT ethereum once for all

2. Shitcoiners start pouring their lunch money into that while pajeets go full blown shill mode creating an echo chamber of false hope because "WHEN MOONLAMBO" meme

3. Then PhD faggots, rocket scientists and God himself realize they can't deliver what the whitepaper promises, shitcoiners start panicking again, price falls and it's the end of another "eth killer"

>> No.16559348

>>16559239
The lesson from Babylon was:
>Don't make such large upgrades in the future
>Get more community members to test updates
>Alert third party wallet devs to upgrade their shit on time < this was the main problem
>Perhaps also extend the testing phase
You probably know protocol development is extremely difficult, even BTC has had 3 or 4 bugs critical found and patched. I honestly believe that if Babylon was delayed to fix a single bug then the process would be much worse.

>> No.16559371

>>16559334
The project is delivering. That's the difference from all the other failed projects you mentioned.

>> No.16559640

Illuminating discussion so far

>> No.16559711

>>16559239
It got resolved. Minor bugs that didnt do much damage at all

>> No.16559729

>>16559245
That can be changed later. It doesnt stop institutions from using tezos tho

>> No.16559773

Wtf this reminds me of money skelly eth threads back in 2016. It's insane.

>muh Russian convict
>nobody going to develop on eth
>Kek it's a Russian scam
>lol Dao hack

>> No.16559785

Eth and free open source code to make private chains tailored to specific industries is the new standard. No btc killer has ever overtaken btc, and so many have disappeared when you look back at the top coins of 2013-2016. No eth killer has topped eth. No link killer will top link.

>> No.16559805

>>16559773
but there was no clear winner in the smart-contract area at that point

>> No.16560015
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16560015

I dont even hold myself maximalsit and acually dont hate tezos (had bags during locked funds days...)

But how do you compete with this network efect,devs,tolls, and stacks?

>Remember Aion "next eth"..Aion is building on eth now
>Snx biggest gainer of 2019 was building on eos and swaped it for eth than gained huge traction due composability with rest of defi stack (thats why "defi will be on binance and shit like that is hilarious)
>remember theter cancer inside that pumped btc, they are on eth now 93% and still transitioning (not sure bullish but yeah)

At end of the day all this chains are social contracts, social capital and everything is in eth/btc now.

I just dont like this eth 2.0 or bust narrative because it removes spotlight from all awsome things developed on eth1.x chain (zk,rollups,defi,nightfall etc.)

>> No.16561123

it's hilarious that people are trying to compare devs and random metrics when the only thing that matters is price go up.

>> No.16561523

>>16559247
>fastest means biggest?
>I meant 250k not 250, retard
>claims to have search results for "tzx"
oof he still doesn't get it

>> No.16561555

>>16557602
This. Too many developers on ETH at this point. It would take probably 2 years for tezos to have that level of developers. My guess is, even if ETH fell behind, no one wants to move all their development to another platform.

The other thing is, with all the people working on ETH, if there was some magic scaling solution that was easy to come up with and execute, it would have been thought of by one of the thousands of devs. Not some smaller platform with a few people working on it.

This is why you should have always been skeptical of all the ETH killers.

>> No.16561764

XTZ doesn’t need to “kill” ETH, it’s very different

>> No.16561800

>>16561555
Tezos can adopt any scaling solution into the protocol, It really makes no difference who creates it. Atm Tezos could either use one of the many new iterations of SNARKs, Tendermint or Avalanche. It will eventually be voted on when necessary

>> No.16562013
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16562013

>>16557174
If it did, what would that mean for all the LINK bagholders?

>> No.16562053

Tezos has the best governance for high-value smart contracts

>> No.16562113

>>16557187
Ironically this

>> No.16562639

>>16562013
Link will link smartcontract blockchains like tezos and ethereum to real world data. They need link

>> No.16562925

>>16559030
I don’t think Eth has any real competition for smart contracts or difi right now but for SoV/tokenization, Bitcoin Cash is becoming a serious player because the fees are so much less to send SLP tokens than ERC, and Eth 2.0 with proper scaling could still be years away. Right now for example a game dev putting items on the blockchain could be better of using BCH.