Ethereum Q&A: Smart contract platforms

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    45 08/04/2018

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    What is the best platform for smart contracts? What makes Ethereum interesting to you? So far, most of the platforms experimenting with smart contracts, besides Ethereum, are either still in the roadmap or early testing phases of development (i.e. federated sidechains and drivechains). Most of the so-called "third generation" blockchains have not been able to differentiate sufficiently from the first and second generation blockchains. We cannot draw very accurate conclusions without being able to compare them at scale.

    When I speak about Ethereum, I am speaking more broadly than the ETH token and blockchain, but rather virtual machine-based, Turing complete, programmable blockchain for smart contracts. During the maturation of this technology, there are going to be a lot of governance missteps and security vulnerabilities because they are choosing flexibility over security in the tradeoff. Ethereum can't do what Bitcoin does. Having a robust, simple script language and conservative, reliable development is a strong differentiating factor. The biggest challenge for both Bitcoin and Ethereum moving forward is privacy.

    This is a question from the patron-only live Q&A which took place on December 16th 2017. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

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    Forkology: A Study of Forks For Newbies -
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    The Killer App: Engineering the Properties of Money -
    Hardware, Software, Trustware -
    Bitcoin: "Failing to Scale" -
    Impact of smart contracts on law and accounting -
    DIrected acyclic graphs (DAGs) and IOTA -
    Altcoins and the scaling debate -
    Altcoins and specialisation -
    Layered scaling and privacy -
    Scaling complex systems -
    Unstoppable code -
    Cultural differences between Bitcoin & Ethereum -
    Governance trade-offs in decentralised systems -
    TheDAO - Why failure is a necessity for learning -
    We all started as critics -

    Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

    Follow on Twitter: @aantonop

    He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.




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