Re:Ethereum Now Handles More Transactions Than All Digital C...
by remcob on Thursday November 23, 2017 @01:39PM
(#15766994)
As someone who has worked with ETH, I tend to disagree. If there are issues with Ethereum, they mostly stem from it being ahead of other blockchains in terms of features. With that I mean that other blockchains don't have these issues because they don't offer the features in the first place.
Is it then a good idea to have these features at all if they introduce new risks? I believe so, they enable many interesting projects that are hard to develop on other blockchains. The growth of Ethereum is an attestation to this. As a consequence, many skilled developers are now creating solutions to the (relatively minor) remaining issues.
For bigger issues, like privacy and scalability, no-one has a good answer yet. The Ethereum community is working on promising solutions (Casper, Plasma, zkSNARKs, eWasm).
Is it then a good idea to have these features at all if they introduce new risks? I believe so, they enable many interesting projects that are hard to develop on other blockchains. The growth of Ethereum is an attestation to this. As a consequence, many skilled developers are now creating solutions to the (relatively minor) remaining issues.
For bigger issues, like privacy and scalability, no-one has a good answer yet. The Ethereum community is working on promising solutions (Casper, Plasma, zkSNARKs, eWasm).