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RE: Why Ethereum May Grow Higher in Value Than Bitcoin

in #btclover8 years ago

It would be helpful to also characterize Ethereum as not having been designed at the technical level to compete directly with Bitcoin.

While one can use ETH as currency, , and many do, the true value of the ETH blockchain lies in the inclusion of a "Turing complete" programming language which allows for the creation of "smart contracts" (coded conditions, instructions, triggers etc.) which are most useful in a business context.

Understanding that the scope of your article is not to provide a "look under the Ethereum hood" , perhaps my comment can add relevant perspective that explains why Ethereum should not be regarded as a direct BTC competitor, but still is.

All the best, and thanks for the article!