Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




Is Stellar going to overtake Ethereum?
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: stellar-going-to-overtake-ethereum.jpg]
Recently there has been a migration by crypto projects away from Ethereum and Stellar Lumens has been one of the primary destinations. Things like being able to easily generate dividends, limit who could hold tokens, time-bound functions for transactions as well as built-in token issuance capabilities making it super easy to launch a token and a dex which gives immediate liquidity without the need to go out and seek a third party exchange. Considering how hard and expensive it can be to get listed on a major exchange, this is actually a very powerful feature of stellar and all of this does offer a significant advantage over ethereum but ethereum also has its strong advantages as well.

Ethereum has the biggest developer community and Ethereum also has the widest acceptance in terms of wallets, exchange pairing, services catering to ethereum and other blockchains trying to build bridges to ethereum and a much larger amount of Dapps


Ethereum crushes Stellar in the Dapp category. And of course, the ERC20 token standard is right now an industry staple when it comes to tokens.
 
Speed:

Transactions per second are drastically different. Jed McCaleb, the co-founder of Stellar Lumes stated that Stellar can rather easily handle up to 4000 transactions per second with many more transactions possible as the network develops and depending upon the hardware used. Currently, Ethereum is around 15 transactions per second.
 
Fees:
In terms of fees to send a transaction on the stellar lumens network costs 0.00001 XLM that is approximately equal to $0 at this time. While Ethereum transactions are costing less at the moment with only a few cents on average for each transaction but this can be a lot more during peak traffic times. However, Ethereum team has promised lower fees in future.
 
Stellar Lumens Starlight:
Starlight is an implementation of bidirectional payment channels on Stellar. Payment channels will allow parties to transact privately, instantly and securly with zero fees. The Starlight is still in its early phases but it will be powerful when it does take off.
 
Public Figures:
Ethereum has people like Vitalik Buterin and Joe Lubin regularly going to events and developer conventions representing ethereum and these are a real help in spreading the message about ethereum. In contrast, the stellar lumens team seems to avoid the limelight.
 
Partners:
Stellar has some good partnerships such as IBM who says that Stellar is their go to the public blockchain. Stellar also recently received Sharia Compliance Certification which will allow Stellar to access a huge market of more than a billion Muslims in countries such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE and parts of South East Asia. These places will now be able to integrate Stellar technology in their Sharia Complaint product and service offerings as some of these regions are actually restricted due to Sharia Banking Laws that do not allow Non-Sharia-compliant assets.
But Ethereum kills it with adoption. The consensus design studio is a major industry force but what is the most outstanding is the Ethereum Enterprise Alliance. With members of the alliance including many of the world’s top banks, accounting firms, universities, corporations, governments, ministries and of course blockchain companies.

 
Supply
In terms of supply of the cryptocurrency, there is still a huge amount of XLM around 85% of the total supply to enter into the market which will happen slowly over time. Ethereum, in contrast, is on a fixed emmission code based release curve.
Ethereum in its correct form has a lot of issues majorly scalabily and speed. With so many developers working on plasma, interchain projects etc. all focused on ethereum but Stellar does today what Ethereum needed to do yesterday. All the Ethereum partners, developers and Dapps in the world will end up being worthless if ethereum does not deliver on its promises. That does not mean that Stellar is the only game changer. EOS, NEO and many more are all biting at ethereum’s heals. Infact, Tron’s founder Justin Sun is even calling for projects to move from Ethereum to Tron.



source coinounce.com
by Joyce Lang
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Binance Adds USDC Trading Pairs – Stellar and Ripple Represented crytocure 0 7 Today, 03:53 AM
Last Post: crytocure
  Stellar Lumens—IBM Partnership Indispensable as IOTA Reveal Alpha and Omega, Path to crytocure 0 20 Yesterday, 12:32 PM
Last Post: crytocure
  XRP based Stellar Lumens [XLM] trading pair XLM/XRP to be launched on CoinField crytocure 0 12 Yesterday, 09:32 AM
Last Post: crytocure
  DAVINCI JEREMIE SHARES HIS PREDICTION AFTER STELLAR TRACK RECORD OF BITCOIN CALLS crytocure 0 20 13-12-2018, 11:46 AM
Last Post: crytocure
  Stellar Is A Good Plan For 2019 crytocure 0 26 13-12-2018, 04:03 AM
Last Post: crytocure
  Ethereum (ETH) and Stellar Lumens (XLM) Price Analysis: crytocure 0 35 12-12-2018, 05:28 AM
Last Post: crytocure
  Blockchain Firm AlphaPoint Announces Support for Stellar Lumens crytocure 0 30 12-12-2018, 05:02 AM
Last Post: crytocure
  Coinbase Mulls Over Listing 31 Coins Including XRP (XRP), Stellar Lumens (XLM) crytocure 0 26 11-12-2018, 02:02 AM
Last Post: crytocure
  Stellar And Ripple penetrate further into traditional banking crytocure 0 25 11-12-2018, 01:58 AM
Last Post: crytocure
  Cardano (ADA), Stellar (XLM) See Green as Investors Respond to Coinbase crytocure 0 27 09-12-2018, 04:01 AM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)