Azael



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Full MemberActivity: 196Merit: 100 How Ethereum Classic dapps will put Ethereum dapps out of business August 03, 2016, 06:25:56 AM

Last edit: August 03, 2016, 06:37:25 AM by Azael #1 Parity is inevitable at some point since ETH and ETC are the same with one distinction which makes one better than the other depending on who you ask but fact remains we've essentially had a 'stock split' and the market will catch up at some point. The ETC market has been created by ETH holders who've sold their hedge.



ETC can and will fork any ETH developments this includes any useful DAPPS made on the ETH platform. The difference is that DAPPS on the ETH platform will do their ITOs to fund development and the forked DAPPS on the ETC platform will do their ITOs to fund a salesforce.



So at the stage your average ETH DAPP finishes development ETC has a much higher probability of reaping all the benefits due to being able to raise capital on the ETC platform and avoid spending it on a development process.



Sounds really weird it is fair game as long as it is open source which most projects in ETH is. twitter.com/erikledgers

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Sr. MemberActivity: 336Merit: 258 Re: How Ethereum Classic dapps will put Ethereum dapps out of business August 03, 2016, 01:24:03 PM

Last edit: August 03, 2016, 01:36:54 PM by iamnotback #5 Quote from: tokeweed on August 03, 2016, 12:35:29 PM I'm curious where the more popular Ethereum projects will put there dapps. Will it be in Ethereum Classic or the forked version? These projects are Etherex, Boardroom, Akasha, Gnosis and many more.



How can they control which blockchain users want to run the Dapp on unless they make it centralized and then just rename it App



Quote from: Azael on August 03, 2016, 06:25:56 AM Parity is inevitable at some point since ETH and ETC are the same with one distinction which makes one better than the other depending on who you ask but fact remains we've essentially had a 'stock split' and the market will catch up at some point. The ETC market has been created by ETH holders who've sold their hedge.



Why only parity when ETC is immutable trustless, and ETH is centralized politics? ETC can parasite all the development on ETH. ETH has no more competitive advantage. Vitalik lost his mandate when hardfurked his baby.



Rather I expect a death spiral for ETH. How can they control which blockchain users want to run the Dapp on unless they make it centralized and then just rename it AppWhy only parity when ETC is immutable trustless, and ETH is centralized politics? ETC can parasite all the development on ETH. ETH has no more competitive advantage. Vitalik lost his mandate when hardfurked his baby.Rather I expect a death spiral for ETH.

Azael



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Full MemberActivity: 196Merit: 100 Re: How Ethereum Classic dapps will put Ethereum dapps out of business August 03, 2016, 04:46:51 PM #6 Quote from: tokeweed on August 03, 2016, 12:35:29 PM I'm curious where the more popular Ethereum projects will put there dapps. Will it be in Ethereum Classic or the forked version? These projects are Etherex, Boardroom, Akasha, Gnosis and many more.



If ETH is the dominant chain by the time Xdapp is done they will chose ETH but it will be forked to the ETC chain and likely lead by a ETC based group. And if ETC is the dominant chain then it will go on ETC. I think the first DAPP out disregard which platform has the cheaper gas costs over what platform has the most interest and user adoption at the time. At the end of the day it's just business.



And there's the thing about well if you raised money on ETH and then go ETC ETHers will not take it well. If ETH is the dominant chain by the time Xdapp is done they will chose ETH but it will be forked to the ETC chain and likely lead by a ETC based group. And if ETC is the dominant chain then it will go on ETC. I think the first DAPP out disregard which platform has the cheaper gas costs over what platform has the most interest and user adoption at the time. At the end of the day it's just business.And there's the thing about well if you raised money on ETH and then go ETC ETHers will not take it well. twitter.com/erikledgers

Azael



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Full MemberActivity: 196Merit: 100 Re: How Ethereum Classic dapps will put Ethereum dapps out of business August 04, 2016, 02:31:11 AM #12 Quote from: bbc.reporter on August 04, 2016, 02:11:47 AM Quote from: Azael on August 03, 2016, 06:25:56 AM Parity is inevitable at some point since ETH and ETC are the same with one distinction which makes one better than the other depending on who you ask but fact remains we've essentially had a 'stock split' and the market will catch up at some point. The ETC market has been created by ETH holders who've sold their hedge.



ETC can and will fork any ETH developments this includes any useful DAPPS made on the ETH platform. The difference is that DAPPS on the ETH platform will do their ITOs to fund development and the forked DAPPS on the ETC platform will do their ITOs to fund a salesforce.



So at the stage your average ETH DAPP finishes development ETC has a much higher probability of reaping all the benefits due to being able to raise capital on the ETC platform and avoid spending it on a development process.



Sounds really weird it is fair game as long as it is open source which most projects in ETH is.



Why would the dapp developers and start ups build on the forked chain if that is the case? It would be better for them to build straight in the original chain. The users trust it more. I see that the original chain will be a problem for the Ethereum foundation that will not go away.

Why would the dapp developers and start ups build on the forked chain if that is the case? It would be better for them to build straight in the original chain. The users trust it more. I see that the original chain will be a problem for the Ethereum foundation that will not go away.

Currently gas costs on ETC is one competitive advantage to ETH. And whether or not users and developers trust the ETH chain anymore is debatable. My point is that any crowdfunding on ETC platform can simply be for salesforce to compete with the same ETH dapp that has used all their funds on development. Anybody forking a dapp already existing in ETH and doing it on ETH will have a harder time crowdfunding anything hence there is easy business on ETC chain to be created. Currently gas costs on ETC is one competitive advantage to ETH. And whether or not users and developers trust the ETH chain anymore is debatable. My point is that any crowdfunding on ETC platform can simply be for salesforce to compete with the same ETH dapp that has used all their funds on development. Anybody forking a dapp already existing in ETH and doing it on ETH will have a harder time crowdfunding anything hence there is easy business on ETC chain to be created. twitter.com/erikledgers