ETHEREUM THREAD

>>1023352
As someone who develops related software, Ethereum is mostly useless. It's fueled by bitcoin hype from people who latch onto buzzwords and don't know what they're talking about.

Yes it's programmable, but the API makes no fucking sense whatsoever and it's pretty limited what you can actually make with it. It's an interesting research project, but beyond that it's not worth getting all worked up over

>>1023361
What about this:

>"Every institution in the city I have spoken to is looking at Ethereum to build their blockchain apps for the next five to 10 years," declared Ethereum communications officer Ken Kappler. "It is basically the only game in town".

http://www.ibtimes.co.uk/bitcoins-smart-sibling-ethereum-only-game-town-banks-build-blockchains-1512726

I'm just gonna puke it out here. I own 70 EHT.
The hype some weeks back fot me.

>>1023380
Youre gonna need at least 1500 when it moves to POS in order to stake and get $$$$$ ive got about 2000 and mining more in case they change it.

>>1023352
It isn't useful in itself, but projects enabled by it may be interesting or profitable. See augur.

>>1023361

T. Monero developer

>>1023361
>Ethereum is mostly useless

The network is a few months old. It's still in development. As more companies and products are built on the network, the value of the network will increase dramatically.

You're being extremely callous. It has quite a few cool properties. It's the first truly distributed computing platform (multiple owners, guaranteed persistence) that can be used by anyone for a small amount of money. If the network becomes extremely efficient, it'll allow quick development on certain projects because people won't have to work about backends/hosting anymore.

The platform is open by default. The smart contract ecosystem is intended to allow people to build off of one another's contracts without their permission. There is nothing else out there like that. You'd need to have a company expose their data with an API.

I am kind of torn... im holding more nxt than eth and wanted to build an app that uses the nxt system, but now i kind of think that energy is better spent on the ethereum platform... as it is gaining more traction

What are the the most promising apps being built on the ethereum network?

>>1023742
These are the highest profile ones:

http://www.augur.net/
http://colony.io/
http://boardroom.to/

>>1023778
Thank you, very interesting. Augur in particular looks promising now that inTrade has closed.

>>1023401
WHAT THE FUCK does "T." mean??? I always see it.

>>1024208
It basically means "sincerely" or "from", but I couldn't tell you the etymology

>>1024208
t. Albertto Barbosa

>>1024240
Hey, thanks!

>>1023401
>>1024208
>>1024240
>>1024247
Finnish for "regards"

Finland has a large shitposting culture so it somehow came to 4chan with spurdo sparde.

Slock.it also looks cool