Re: EthereumCash 🔷 | 🔷 A REPLACEMENT FOR ETHER 🔷 | 🔷 OFFICIAL THREAD 🔷
A replacement for Ether running on Ether-blockchain.... sounds stupid (my oppinion)
Targeting mass adoption.... sounds great... but what are you actually doing to reach that target?
Targeting mass adoption.... sounds great... but what are you actually doing to reach that target?
EthereumCash is aimed to do everything that Ether won't. Ether is aimed to be used for the deployment of smart contracts and nothing else. It is not meant to be a currency - Vitalik even said it himself, he is not focused on making ether a currency but rather a complimentary means to the ethereum platform. Kind of like how we all use oil for cars and heat but, none of us use it to pay for snacks or clothes; It just doesn't make sense. Ether is a commodity and that's why so few merchants etc. accept ether as a means of currency. EthereumCash aims to fill the hole that ether has created; To be accepted as a currency amongst consumers and in day-to-day life.
I fully agree. You can view this as a top layer protocol for real world usage. I can give you guys an example - ECASH has a much more natural ring to it when it comes to transactions for normal people in a grocery store, a restaurant or paying at a hotell.
People who have never heard of crypto are much more likely to adopt the usage of ECASH which is selfexplaining (people will associate it with electronic (e) cash, rather than Ethereum. What on earth is Ethereum people in the streets will say, but they will understand ECASH.
Once the devteam will have developed an app for transacting with ECASH on mobile devices (phones etc.) ECASH can take off like a rocket.
THIS WILL BE A HUGE SUCCESS. I THINK WE MIGHT HAVE STRUCK GOLD HERE!!
