#Building chart...
Ethereum is a decentralized platform for applications. Applications build on it can use smart contracts - computer algorithms which execute themselves when data is supplied to the platform. There is no need for any human operators.
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47 user opinion
JM
Ethereum is trashed more than any currency, and yet no currency is more necessary and central due to its smart contract platform that is used by more than 50% of all new altcoins. It's like everyone values water, but not the containers it is carried in.
NR
Ethereum would have been better off supporting applications that were banned from web 2.0 rather than trying to be "web 3.0."
EG
Ethereum has enormous developer interest and the second-largest market cap. It also has characteristics that could make it a good payment network. At a minimum, Ethereum is a likely "silver" to Bitcoin's "gold" status. There are some scenarios where Bitcoin collapses and Ethereum takes over as primary value store.
MG
It’s pretty amazing that we’re seeing bugs only in "third-party code" and not flaws in core elements of the Ethereum protocols and clients. That’s an amazing accomplishment.
AP
With Ethereum's monetary policy, there's literally nothing to have confidence in or not. . . . There isn't even a concrete long-term plan. With Bitcoin, there's a powerful status quo Schelling point; not certain, but powerful.
VB
The most powerful reason for the crash in Ethereum (ETH) is that the ICO market is now largely dead (it being apparent that almost all ICOs were complete scams), and those that did raise capital are trying to liquidate their ETH before their product runway vanishes before their eyes.
SN
Ethereum is currently running laps around every other cryptocurrency in terms of protocol and ecosystem development - and it's not even close. If you're in crypto investing and you're not keeping up with the Ethereum ecosystem daily - sorry but you are not doing your job.
NR
Ethereum is worth over $100B and liquid, four years after founding.
GA
Ethereum processes more transactions [than Bitcoin]. Has lower fees. And more p2p nodes... [M]ore scale means more decentralization.
RS
Ethereum is an idiotic, unscalable idea that has neither delivered on its “world computer” promise, created any useful decentralized apps with any real use, nor created a robust and scalable decentralized system.
PT
We agree that Ethereum was poorly designed to support practical use cases.
BB
Only four applications have more than 500 daily active users. Ethereum's supposed use case of "decentralized applications" is clearly not where the usage is coming from — and yet blocks are still nearly full.
CD
Every 10-15 years, there’s a major new transition... To me, Ethereum is the most important technology of the decade, for sure. I don’t even think it’s going to be questionable.
JK
It’s not just [Vitalik Buterin's] opinion that caused ETH > ETC [after the DAO fork]. I wanted to support ETH regardless, and I think the fork let the market decide which is better. . . . [T]oo much blame [was placed] on Vitalik. He mostly just conveyed the consensus around him.
EG
I have often said that Ethereum is doing it right, throughout the DAO fork, and Bitcoin devs, with their fetishistic dependence on "the longest chain," inability to change ancient code, and their obvious conflicts of interest, are on weak ground.