Why we should avoid Ethereum? — @Hiecho on read.cash

@Hiecho 23 July 2020 edited

Why we should avoid Ethereum?

Since we can tackle the topic of any cryptocurrency here. Based on my personal opinion on why I didn't attach to Ethereum? Like if you can see the reality. Eth is the same in BTC for having a huge transaction fee. (A nice and cheaper rather than Bitcoin) but when it comes to Gas Fee. Like there's a different story behind it. They have a transaction fee and they called it "gas fee" which applies to the smart contract. Another thing. Those Erc-20 under the blockchain of Eth needs gas fee before you obtain the coin(like airdrops). Like, I really don't know why ETH made this kind of system. When I tried to join in their smart contract. You should pay a gas fee at the same price of your investment. Well, I really don't dislike eth but we must give the right information for those people who want to invest in Eth blockchains. *" For me, if there is a smart contract for BCH. I will partake on it. "*

+KT
+BCH

23 comments

@Jihan 23 July 2020

what is etherium🤔🤔
- @Hiecho 23 July 2020
  
  Eth is a another crypto currency and I think it was in the top 5 crypto.
  - @Jihan 23 July 2020
    
    i have no idea about crypto🤣🤣🤣
    - @Hiecho 23 July 2020
      
      Well you can start navigating
      - @Jihan 23 July 2020
        
        ok😢😢
@salma24 23 July 2020

Yeah Eth has almost or than 1$ fees in every transaction you made. Before I thought that's #ETH has the cheapest fee in the market not untill I found #XRP and #BCH. I am being wise Everytime. If someone ask me to try to trade in that Exchange. I search first if they have XRP or BCH in their market. If they don't have at least one of those two. I say No.
- @Hiecho 24 July 2020
  
  May BCH one of the best transactions fee
  - @salma24 24 July 2020
    
    #BCH is one of the cryptocurrency that has almost free transaction fees. I wonder what other coins got small transaction fees except #XRP. What more coins in the market got this small fees?
@Yen 23 July 2020

I experience that on my coins.ph account 😄 My goodness haha. I feel so scammed that day. I want to transfer an ETH and when I saw the gas fee, its much bigger to the one I want to transfer 😂. #BCH is still the best.
- @NinoJade 24 July 2020
  
  I suggest the BCH because of low transacting fees
  - @Yen 24 July 2020
    
    You're right.
@potta 23 July 2020

It's Ethereum not Etherium!
- @Hiecho 24 July 2020
  
  Thanks I will change. I didn't notice HAHAHAH.
@martinezdamp 23 July 2020

At this moment, ETH runs the risk of not having much presence in its own network, too many ERC-20 tokens within its ecosystem, which would make it difficult for a gas to be present when requesting any participation within its blockchain.
- @Hiecho 24 July 2020
  
  Maybe, that's their strategies to have profit in eth based.
@emerlyn1214 23 July 2020

I didn't use ETH ever since.
- @Hiecho 24 July 2020
  
  You can watch any videos regarding on that.
  - @emerlyn1214 24 July 2020
    
    I don't understand the smart contract thingy lol.
@Chesatochi 24 July 2020

You have the choice not to use it, and many other blockchain offer free or almost meaningless transaction costs.
- @Hiecho 24 July 2020
  
  Yeah that's why I used BCH
@Khant 25 July 2020

ETH is not good enough for an expensive coin.Eve n TRX/TT/IOST dapps perform better than ETH
- @Hiecho 25 July 2020
  
  We are just happy because there's an alternative coin to be used
  - @Khant 25 July 2020
    
    true that