BOOOM! We’ve been wanting to announce this for some time. We bet on NEM (and we leave Ethereum) as the main Blockchain for deploy Tutellus.io. We tell you in a post quite dense from a technical point of view, do not give up. And of course, We bring our personal vision from within the industry and Tutellus. We do not attack anyone and less Ethereum, we still loving it :)

Ethereum is a very powerful and interesting blockchain as you know. The ability to develop smart contracts and the community around ERC20 compatibility make it especially sexy; However, during this time we have found many limitations for Tutellus.io, which we are gonna explain (if there are limitations to our project does not mean that there should be limitations for others; It will depend on their tokenomics).

1. Working on Ethereum is expensive.

Although in February Ethereum prices have dropped, to consolidate transactions have impossible fees if you want to run many events per user and unit of time; This causes you to have to do quick fixes in the design of your model; In our case, we only consolidate STUT tokens at the end of the course, saving (we) any intermediate consolidation. As somebody says, “causing working on ETH forces you to centralize many things, decentralization is overrated.”

2. Working on Ethereum is slow.

Although there are intermediate mechanisms that allow-again-quick fixes, the reality is other quite different: Ethereum executes up to 20 transactions per second (in front of the 3 of Bitcoin or 1,700 of VISA, for example). The more use of the network and the current consensus algorithms (PoW-based), the more queues will be produced and no improvement is expected. This produces that a transaction on ETH takes up to several minutes to consolidate, or some hours if you keep a very small Gwei.

3. ERC20 compatibility is overrated.

Even at the risk of receiving campions to say this we can assert it. After several months traveling and talking with crypto projects around the world we confirm (our statement is based just on our experience) that we have not found almost any token that speak to each other and generate associated value, beyond the cases we all know (Cryptokitties and little else).

What We mean is that putting as a basic premise in selecting a Blockchain this argument We think is a mistake. Like big companies as RSK are solving smartcontracts’s execution on Blockchains without this functionality (such as Bitcoin), other projects will emerge that apply an additional tunneled layer so that ERC20 tokens interact with others that are not. And the matter is fixed.