Post
Topic
Board Altcoin Discussion
Merits 2 from 1 user
Re: Why are most new tokens Ethereum ICOs?
by
lauder_larger
on 03/09/2018, 09:40:55 UTC
⭐ Merited by BlueStackz (2)
Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?

It is a widely adopted and a well proven algorithm, it can handle a reasonable tx volume and it is accesible through many exchanges. It is quite useful frankly.
It is actually more like Ethereum has proven itself over this few years and has been able to show how much the team is working to keep getting things done better. However, it makes sense to assume that since Ethereum seems more like the talk of the smart contract world, and a lot of projects using it without any issues, and easy to set up, then, it is normal for every other person to follow put. The community support is also huge and there is no doubt Ethereum has become the dominant smart contract platform.