For clarification, the 3rd gen of blockchain should be more than just "better BTC" or "better ETH." It needs to innovate, not iterate. Shitcoins and """"utility"""" tokens need not apply.
There can be only one: >EOS (way too early to know if this is the one, or just a dud) >ADA (who the fuck is making this? I hate not knowing the team) >NEO (too similar to ETH to be the "next generation." Will do well, but it doesn't do anything beyond iterate on ETH) >IOTA (the most realistic answer. Tangle + partnerships puts it on top. So what if the creator has a brand of autism? Didn't stop ETH) >SKY (ambitious as hell -- screams next-gen)
Bonus: which of these "blockchain connector" coins will be used to facilitate communication between Gen 2 and Gen 3 blockchains?
Mainnet and wallet were completed and functional before the ico even happened.
Partners/investors to date: neo, bitmain, Huawei and Alibaba, AVIC (Chinese air defense), SAIC (largest carmaker in China), zapya (Chinese filesharing p2p 500m users), Foxconn (everyone should know this), tencent founder xiaosong has invested and is releasing a dApp on Elastos for his musicchain project, green panda which built a solar power plant for the UN is releasing panda coin on Elastos, perforce gaming (look it up), the list goes on
Jason Murphy
Link and its obvious
Adam Nelson
I don't think one truly exists yet.
Dominic Watson
there is no generation 3 NEO is the Eth of China and China will control the world from 2050
Kayden Rivera
Aion
Colton Miller
Retard, LINK is a token that betters an existing blockchain. It will moon, but it's not a new generation, brainlet.
Eli Turner
universa
Thomas Butler
You are a short-sighted fool. Even if China did rule the world, NEO would not be the end all be all.
I believe that. ETH didn't exist until over a year after the 2014 "crash."
Carson Collins
...
Hunter Rogers
it can' be any of the ones you mention op, because none of them are any better than just a "slightly better eth".
ethereum was nothing like bitcoin. what comes next must be nothing like ethereum.
shitcoins like eos, ada, neo are just "better" ethereums, when in fact they just trade a few things, no real innovation.
dag is interesting but has too many problems. and there are too many dag coins out today for any one of them to have the huge first mover advantage that both btc and eth did in their own classes.
blockchain "connectors" are all worthless because there arent going to be that many blockchains that need connecting. simple as that.
Jace Peterson
This.
Caleb Harris
XRP
Nathan Brooks
Well I belive in connectors like ARK EOS and ADA aso like very nice
Noah Cooper
nice to trade, sure, but none of them come even close to the disruptive nature of btc or eth, isn't that the whole point of this thread? i dont even think we have anything today that even comes close, because you need both the team and the tech, and right now i see most if not all of the really talented cryptographers and developers already working on ethereum and bitcoin. we would need some prodigy like satoshi or vitalik to step forward first.
Isaac Butler
unironically
Samuel Clark
This
Kevin Morgan
Tezos Bonus: Polkadot
Christian Scott
Agreed.
The true answer is that the 3rd gen coin doesn't exist yet, but once it does, it will be immediately clear. It won't be just "well, it does a few things better than ETH and ADA, so..."
Michael Wilson
EOS is working faggot, it will launch in a few months
Eli Fisher
except NEO predates ETH....
Jaxson Richardson
>working >launch in a few months
Congrats, you bought into the hype. How are those bags feeling, retard?
Jacob Howard
Add qtum and trx.
Ethan Smith
LAMDEN, yes i am telling it
Connor Gonzalez
The blockchain that wins won't be the one with the most bells and whistles, it'll be the one that is most simple and elegant.
Jason Sanchez
NEO / ARK
James Clark
NULS
Landon Morales
NEO is not 3rd gen blockchain. ADA will be the one to emerge as the King.
Charles Jones
but iota is batshit crazy. ternary hardware, quantum protection, broken wallet, centralised, insane devs, etc
3rd generation is xrb. sorry you can't see it
Thomas Martinez
I'm 50/50 in neo and eos. Neo because china is a huge market and they always use their own shit regardless of whether or not better alternatives exist in the west. eos because Dan has a proven track record, they have funding out the ass by serious players, big planned projects by wikipedias cofounder and bitfinex, and a test net that looks solid. All the ingredients to take over the market over the next 5 years.
Owen James
Nano only does one thing. It's not a very comprehensive project. The only way for it to become king is if it becomes adopted as a mainstream currency. And that's keeping in mind that other more comprehensive projects will still be competing for that spot as well. Seems like a bit of a long shot.
Caleb Jones
neo is dogshit, they fuccked up many ico's if they cant handle simple ico traffic. forgot about dapps. typical made in chinke product. what do u expect
Nathan Brown
Nano is only feeless because people are hosting nodes out of their freewill, there's no profit to be made out of hosting the nodes, I know it takes next to no computing power to host the nodes but other coins can do that too if they wanted and make Nano no longer have a advantage. Its stupid in the first place to host nodes out of your freewill.
Anthony Watson
Delusional.
Jordan Edwards
You dumbnigger.It serves the exact same purpose as btc xrp ltc xlm all top ten coins and it mops the floor with them.
Connor Jones
right. just look at vitalik, someone that dedicated and autistic about his project is what drives ethereum to stay relevant. most new coins get a huge amount of premining/preallocation to founders, they get rich as fuck, and development slows to a crawl.
the team is by far the most important aspect, and for a true "thirid" gen coin, the lead developer is going to have to be someone thats been around from literally the start, and has seen all of the previous failures and struggles first hand trying to develop and scale this tech. and no, sorry, it won't be someone from china.
Chase Cooper
Skycoin already makes this obsolete.
Adrian Peterson
Ark partnering with Skycoin
Evan Hernandez
You are wrong bong, its bitbean all the way
Oliver Brown
MAN
Joseph King
Btc is a shit coin, xrp is a banking payment platform, xlm can be used as a dapp platform and can be used for other currencies including fiat, ltc is a shitcoin. Nanos only real use case right now is for exchange arbitrage. It basically replaces ltc and bcash. I don't see how it will be king when it doesn't even do a fraction of what some other projects do.
John Sanchez
VeChain. Also a platform. But realistically it'll be $5-6 EOY. Sunny is a convicted thief/accused rapist. Their "partnerships" are shady as fuck. And this is coming from a HUGE VeChain fan.
Camden Bennett
the team behind both is dogshit though.
Logan Williams
>ADA (who the fuck is making this? I hate not knowing the team)
what do you mean by this? it's not in the least secret
it's the ETH devs that went on the ETH Classic and then got the Japanese injection to do this blockchain based on an academic consensus paper, and in Haskell
Joseph Clark
Out of the ones you mentioned ada, honorable mention to eos
Ian Reed
HPB
Ian Bennett
1 word: Seele
Camden Foster
Blink Network
Robert Sanders
as interesting as cardano looks, it still suffers from the same problems neo and eos both share, too little too late. they all have big ideas, but by the time those ideas even get set in motion ethereum will just be even further ahead.
ethereum didn't get to where it is today by being a "better bitcoin".
James Wood
>the team is by far the most important aspect, and for a true "thirid" gen coin, the lead developer is going to have to be someone thats been around from literally the start, and has seen all of the previous failures and struggles first hand trying to develop and scale this tech. and no, sorry, it won't be someone from china.
Are you a newfag or something? Do you not know who Dan Larimer is? Do you not know who Charles Hoskinson is?
Easton Ward
Except Ethereum's scaling solutions aren't guaranteed to be released anytime soon. EOS launches in June
Jacob Lopez
daily reminder that the value of a network with n users is roughly n*log(n)
Nathaniel Foster
yes, i know both of them.
dan has shown to have all the qualities you don't want. quick to discard projects, and doesn't ever re-think any of the fundamental design issues of any of his previous ones before starting a new one.
charles is slightly better, but cardano isn't aiming high enough to be something i see really sitting up there alongside btc/eth for a long while, everything else isn't sleeping waiting for them to actually release something. and this is also the guy that moved over to ethereum classic (he was ejected from the ethereum team long before).
Levi Hughes
it does currency which is the main goal of crypto CURRENCIES. it's already train taking PayPal out and 2nd layer solutions will still need fees and be slow, so there is no actual competition people host nodes because they want to be able to use nano dumbass. and it will take year's for other coins to implement this. ETH is still pretending they'll switch to pos and BTC has other plans
kys
Jayden Hall
eos doesn't have a scaling solution, just tradeoffs. like i said, too little too late.
Caleb Hernandez
3rd Gen means 3rd wave/release.
Therefore btc, ltc and doge are 1st Gen. Eth, NEO, ARK, OMG are 2nd wave.
3rd wave is coins like ADA, XRB, TRX, XLM.
Mason Morales
Except EOS will be Dan's magnus opus and he will definitely be sticking around and learned from the mistakes of his previous projects. He will be building a rival to Steemit on EOS since Steemit is controlled/manipulated by whales.
Joshua Ross
i dont think he's learnt much from looking at the codebase and whitepaper, honestly. dpos isn't a scaling solution, it trades decentralization for throughput, requiring heavy servers. i believe there's still a requirement of 40GB of memory just to run a full bitshares node without any filtering.
these are the things that dan could have worked on to find real solutions to, but he still hasn't. from bitshares to steem to eos, he's just dragging his flawed codebase along with him, tacking new things onto it.
if he had the balls to start from scratch and really look at decentralization as a first class citizen, not something to skirt around for performance, i would have a lot more faith in eos. i still own a little though, just like i do neo.
Eli Hernandez
meanwhile xrb is up 40% today. why didn't you buy nano user
Angel Allen
too overpriced for me, i'd want to see a retrace below what most people think is even possible before jumping into something that was handed out for free with a very questionable distribution method.
Connor Jones
This man, he speaketh the truth.
Jaxon Nguyen
Sky is ambitious as hell
David Brooks
>no NAS ITT brainlets
Henry Bell
Ethereum will be left in the dust. All of their scaling improvements will be too little too late, as you put it. Currently vaporware. Eos, ada and neo all scale infinitely, and are more decentralized and secure in taking into account the existence of mining pools. There are no trade offs being made, it's simple technological advancement, like going from dialup to cable Internet
Brandon Diaz
They are not "infinitely scalable" and ETH will still be around for ICO's.
And I say this as somene with 400k in NEO and 0 ETH.
Jayden Wood
zilliqa obviously. only smart contract platform with a scalable main chain while maintaining decentralization. EOS and NEO can stay fast on chain but only have like 7 nodes.
or it will be cosmos/polkadot
Grayson Sanders
LINK.
>BTC Blockchain >ETH Smart contracts on the blockchain >LINK Connecting rteal world and the blockchain smart contracts
That's the reason LINK is being shilled, you drooling retard. Everyone else already knows it's the next and the last big thing in crypto.
Anthony Flores
maybe, at some point. not by any of the coins discussed in this thread though. a better bitcoin has yet to come close to taking over bitcoin. why do you think a coin with even more entrenchment like ethereum is going to be easier to uproot?
inertia drives this market, and none of eos, ada, or neo have what it takes to push the 50+% of all coins relying on ethereum off of it.
Josiah Williams
>last big thing
Lucas Green
Once the blockchain and the real world merge, there is nowhere left to go. This will be the mass adoption. LINK is the blockchain magnum opus.
Jace Harris
Infinitely is an exaggeration, but they have essentially solved the scalability issue that pow suffers from. The network is capable of growing to the same degree as the Internet itself without unreasonable energy requirements.
Ethereum will have no reason to exist. Ico's will go wherever the market goes.
The only reason bitcoin is still king is because of first mover advantage and the storage of value meme. Ethereum doesn't have those advantages. It relies on people actually using its network.
Nolan Hernandez
>all the coins relying on ethereum
EOS recently announced that they are developing an "ETH to EOS relay code" to allow projects to migrate to the EOS platform.
Caleb Morales
yes, and microsoft tried to add a compatibility layer for android apps on their phones.
Aaron Campbell
yes, and people are absolutely using the network. it has more use than bitcoin right now, in fact. you're underestimating how much value you get being an erc-20 token in today's market.
John Torres
IOTA.
Kayden Harris
shhhhhhhhhhhhhhhhhhhhhhhhh
Evan Perry
People are using now because it's currently the only real option. This will change very soon. Also don't forget than more than 50% of all day blockchain transactions are on steem/bitshshares without their networks even reaching a fraction of their capacity. What happens when you can build those platforms and others like them right on top of the eos network? Mass addoption.
we'll see. none of them scale as well as plasma would theoretically though, anyway. second layers will have to be used at some point, so they will have to decide whether switching is worth it when they're still going to be reliant on a second layer network for real growth in the end.
Jace Johnson
no mention of OMG? phew. my gains are safe.
Austin Perry
and those bitshares/steemit "transactions" is a flawed metric, it's easy to get that throughput when you have what is essentially a centralized network of huge servers.
the reality is, bitshares is seeing no real end user activity, and steemit has been fading ever since dan abandoned it.
Adam Green
Dpos is less centralized than ethereum and bitcoin. Better to have 20+ nodes spread out geographically who can be voted on by the network as a whole than a couple seedy whale mining pools located in china.
Joseph Williams
big if truth
Jack Bailey
Trips confirm
Justin Diaz
The literal state of biz
3rd gen blockchain right under their noses and they don’t realize it
Zachary Anderson
>Chinese coin >3rd gen
Lol.
Nathan Stewart
It'll be Ocean Protocol
Carter Allen
what do you think of LINK?
David Ward
Well you guys can worry about the 3rd generation while Vechain is developing blockchain X... will encooporate all current and future BlockChains as it’s completely malleable
Matthew Diaz
this
Ayden Sanchez
i can understand that argument, but i agree with vitalik's stance on dpos, and that while it has it's advantages in throughput, it sacrifies the security you get from just throwing a lot of independent actors at it.
bitcoin has clearly failed at decentralization thanks to its poorly designed proof of work algorithm, and the cheap chinese electricity, but it doesn't have to be that way. monero is a great example of proof of work done right.
just all the shit ive picked up on from being around for many years. its served me well so far but the landscape today is a lot more irrational than it was even only two years ago.
i think oracles are critical for smart contracts to be more than digital accountants, but chainlink itself is a bet against a dominant smart contract platform emerging, because such a platform would itself have its own oracles.
chainlink can only really shine in the same scenario that would let blockchains like ark or icon shine, where we have 5-10 smart contract platforms, or payment platforms, all with huge adoption and usage, where we require some kind of interconnectivity between them.
personally i dont think that's the way the market is heading
Daniel Davis
You think ETH would develop and incorporate their own oracle system rather than just using LINK?
Kevin Bennett
i think they would have to. whether or not it gets any traction depends on the value of having a superdominant oracle network itself (link), which contradictorily depends on NOT having a superdominant smart contract platform (eth).
Robert Thomas
Agree 100% on ELA . It clearly is the logical next step in blockchain.
James Williams
zilliqa and ontology
Brayden James
I love that Biz is sleeping on this
Cameron Hill
I've been shilling this since whitelist was open. This is the Luis Vuitton, the Gucci, the Bentley of blockchain. Watch everyone decide to fomo in when this is $350 a token instead of the early point which is now.
Lucas Morgan
I got in at $60, comfy as fuck. It’s funny how they’re all arguing over shitcoins and and we’re simply sitting back and waiting for them to wake up.
On a side note why does ELA remind me of this.
Ryan Phillips
Also the funny part is when Da Hongfei acknowledges that ELA is a 3rd gen blockchain.... not sure how someone requires anymore justification. Literally went all in after his implication