Quote from: ashapasa on April 04, 2014, 09:17:07 AM

This is a qoute from a poster form the NEM vs NXT thread.

One of the problems NEM is going to have is that it's going to be sandwiched in between NXT and Etherium when it launches.

NXT and Etherium are in some ways complimentary in the sense that NXT has "out of the box" features that get up and running quickly whereas Etherium will have a rich "Javascript for Blockchains" type language which will be used for advanced contract based transactions.

By that time, NXT might just have enough traction to carve itself a market presence alongside all the hype and bluster that Etherium will bring. NEM will get launched into the shadow of Etherium - a massivly more advanced technology than anything that has gone before and NXT which will have had nearly a year's worth of smoothing out bugs, gaining brand recognition and capturing new business (hopefully).

Is Etherium really as revolutionary as this guy makes it out to be ? Can some of the more knowledgeable posters please enlighten me on how they are so much better than both NXT & NEM potentially ( since Etherium is yet to be released)

nope... nxt will be able to do everything ethereum can and maybe more... nxt will use automated transactions, where as all ethereum transactions will be turing complete...

because nxt will use automated transactions aswell as regular ones.. it can pick and chose which tx type is right for the task in hand.. minimizing the amount of data needed for certain transactions

ALL of ethereum transactions will be turing complete.. meaning all transactions will have a higher byte size.. regular(like just sending ether to someone) transactions dont need turing complete.. therefore using more bytes for the transaction then necessary.

im not sure of the full pros/cons of being fully turing complete compared to only select transactions being turing complete but im nearly certain it puts ethereum on the back foot.

someone asked before in this thread about whether NEM will be turing complete and the devs reply was basically that nem wont use automated transactions but he said they will be able to do all the same stuff.. cant remember the term he used but i was happy with his answer... it will be a while before automated transactions are implemented in nxt and ethereum wont launch til Q4 of 2104 so in saying this if NEM launches with this feature it will actually be ahead of NXT and ethereum in terms of turing complete/automated transactions..

there is also ALLOT of hype around ethereum and very high expectations.. i think allot of people think that ethereum will have "many" features that other 2nd gen coins dont have and as far as i know thats simply wrong.

iv also herd many times that they have backing from a large bank... which is a strength and weakness at the same time.

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