Ethereum is for business, not for app creation for the masses..
ethereum·@don100100·
0.000 HBDEthereum is for business, not for app creation for the masses..
<html> <p><img src="https://steemitimages.com/256x512/https://s26.postimg.org/xtq9i8pah/Don_Blog.jpg" width="256" height="192"/></p> <p> Hi all. I was looking at Ethereum and how many tokens are being created over it. There is no way, Ethereum will support all these tokens if they were to use the network for apps for the masses. From what I read, Ethereum is not even close yet to creating the scale or the speed to do it. Wouldn't it be much easier if the Ethereum blockchain just becomes the token platform for ICOs. Say like a new crypto version of wall street. I think, that is what it may come down to. All these companies using Ethereum tokens, may really have to think about creating a second coin if they have products that need better technology. Either that, they may have to consider using other coin platforms altogether, similar to Kin coin. Kin is a perfect example. Kin needs a fast and scaleable solution for the millions of user of their messenger app. They plan to possibly move to Stellar Lumen XLM. For token coins in the Ethereum platform they can keep their first token as a stock, bond or etc that is needed for the inner financial workings for their company to raise money, pay bills n the likes. It seems the ethereum is great at attracting money to crowdfund or to receive seed money to start a business. </p> <p> As these companies become serious regards to the app products, some of them will not wait to see if Ethereum will speed up and scale up. In business, time is money. The first ones usually have the initiative. </p> <p> ** Disclosure This blog is based on my opinions. I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such. Basically saying I may be wrong, right or neither, just staying its my opinions and my voice. </p> <p><br></p> </html>