Best analogy I've seen all day. 👏 ETHforTheWin 🚀
And…….I bet its all gone when I put any in your betscam
Hmm, which coin is trying to take DEFI from ETH. I haven't seen any. Smart contracts, yes, a plenty.
Switcheo has been shilled a lot to me which is a neo contract I believe.
Defi was created organically on ethereum. Other coins are trying to pay developers to launch Defi Dapps on their platforms. They are struggling because they can't really provide more funding than what a developer would get from laughing a DAO token to govern their Dapp on ethereum.
It's just funny watching all the smart contract platform founders suddenly talk about how they are pushing Defi. Meanwhile Vitalik and others don't really give a crap about it, they're already pushing for the next big thing, which looks like it'll be data storage.
Meanwhile Vitalik and others don't really give a crap about it, they're already pushing for the next big thing, which looks like it'll be data storage.
If data storage is the next big thing, Ethereum is not well positioned at all. Look at the state of Swarm.
I'm not really concerned, if ethereum already has enough going on. It makes sense that people would want to interact with it on the same network they use for everything else.
Besides Hack FS is going on right now and people are seeing what they can make with ethereum and filecoin.
Whatever gets made outside of eth will be copied and turned into a Dapp on ethereum with a token that can be released to uniswap. Because the first person to copy it onto Ethereum will become a billionaire or close to one.
Look at yearn.finance, it's literally a user interface on top of curve and they have a $100,000,000 market cap now. Nobody can match that funding potential.
Check out the graph protocol.
All the "ETH-KILLERS" 😂
Is this why ETH is going up right now?
For lots of reasons.
- BTC is being put on ETH
- It broke a major resistance at 290
- Crypto interest accounts encouraging holding
- Banks can now mange customers crypto legally
- Easier access to buying
- Developer market share
- Srablecoin popularity
I like the sounds of all these! Thanks
A good boi would never take anything away from someone! DeFi, the next buzzword after Yield Farming…
Other coins are not that cute 😏
This would be accurate if the adult wolf stayed larger than the pups permanently, by virtue of having exclusive access to the Network Effect bowl.
I think in the future these chains will be integrated through 3rd party apps, anyway.
When I build my DeFi network I will most likely use tezos as I see the cost of using EtH will start to be an issue.
Isn’t this problem to be solved in the future?
Waiting on Polkadot. Though, they specifically said that they’d compliment etherium. Not compete with it.