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Ethereum ( ETH )

73
Total Score 3.6
Design
8.0
Performance
4.0
Usability
2.0
Functions
4.0
Support
0.0

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.

Statistical data provided by Coinmarketcap.com
Ethereum ( ETH )
3.6 Total Score
1 reviews
Add your review
Design
8.0
Performance
4.0
Usability
2.0
Functions
4.0
Support
0.0
1 Comment
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  1. ubermicro
    ubermicro January 21, 2017 at 2:52 pm
    1.8
    Design
    80
    Performance
    40
    Usability
    20
    Functions
    40
    Support
    0

    Can run decentralized applications and handle value token eth and custom assets. Willing to innovate on proof of stake with casper technology. Brought the most attention to smart contracts (scripts), although was not first to market.

    The principles behind have become misleading and changed since the chain was forked solely to stop a smart contract from executing and giving eth tokens to an individual deemed subjectively unworthy by the ethereum foundation taking a side against him. https://ethereum.org/ claims “Build unstoppable applications. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.” However, the fork showed that the centralized ethereum foundation had control to stop smart contracts, to censor transactions and operations of contracts/tokens, and to use single digit percentage polls by third parties as justification for such interference. The statement remained unchanged on their page, and is thus fraudulent in order to gain financially from people unaware of the changes to ethereum priorities. These changes made it completely different from virtually every other cryptocurrency that aimed to use decentralization as means to prevent censorship and improve security. Lack of built in governance system has given too much control to the foundation with open legal attack vectors. Ethereum has the complexity of decentralized operation with none of the benefits they are used for at this state.

    + PROS: dapps, casper proof of stake in future
    - CONS: mutable blockchain, centralized ethereum foundation control, downtime, censorship, misleading advertising
    Helpful(3) Unhelpful(6)You have already voted this

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