Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
1krona
on 29/01/2014, 19:59:19 UTC
Can someone post straightforward pro's and con's of Ethereum against Bitcoin & NXT.

If you're using technical terminology, please try and explain in layman's terms.

I would really appreciate that, thanks!

I can compare only Nxt and Ethereum:

1. Nxt is simple (for casual programmers), Ethereum is hardcore (for hardcore programmers). I think most of coders will choose Nxt if noone creates a simple Ethereum Contract Creation Kit.
2. Nxt can process 1000s transactions per second (coz of absence of scripts and Transparent Forging), Ethereum can't process too many transactions but they r much richer. I think these platforms would go on par if Nxt didn't have Transparent Forging. With TF Nxt will win.
3. Nxt has fixed supply of coins, Ethereum will be inflationary for a long period of time. Ordinary people prefer non-inflationary currencies.
4. Nxt is 100% PoS, Ethereum is PoW + PoS, so the latter is not so "green".

These r just a few points that came to my mind.
Alright, that cleared some things up!

Will Ethereum ever be able to process more transactions, and what do you mean with that they are richer?

Thanks again, I really appreciate it! Smiley