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by jorgecurio 3764 days ago
Mark my words. This is the ethereum killer.

The problem with ethereum is the novelty factor. Everything under the hood is difficult for the average developer to grasp and it's not clear whats going on as it is quite new and work is on going. Another issue is that there seems to be no clear 'voice' from Ethereum and instead you have many people claiming to be an Ethereum expert. It killed all of the hype and excitement I had in December and January.

Why I think this is an ethereum killer is the tech that powers it is very much mature, proven to work quite well and will be easier for developers and users alike.

But more importantly the end result is what matters. This has been in development since 2014, roughly same time as Ethereum but the end result is far more impressive than what Ethereum offers and ironically it is because ZeroNet offers less is what makes it so attractive. For example, using Tor, bitorrent, bitcoin, already existing and well established technologies provide excellent privacy and anonymity. Sure, ethereum might be a much stronger cyrtographic platform but I think accessibility, speed, scalability, adoptibility gained from ZeroNet's setup is what ultimately blows Ethereum out of the water.

The codebase seems super light and accessible too compared to Ethereum.

Anyways, I could be wrong of course but I think ZeroNet could be it. Look how long Tor, BitTorrent, Bitcoin protocols have survived and grown in adoption rates. Ethereum is trying to pull off all three and as a result it's losing developer passion imo. For instance the forums are less active and ironically attracted lot of politically fueled angsty types who believe in conspiracy theories.

2 comments

I doubt this will hold true in the long term. I build stuff on top of Ethereum and there seems to be huge interest and financial support for the platform.

It is true that Zeronet works out of the box, but Ethereum seems to provide cleaner abstractions. The Web3 vision includes Zeronet functionality (decentralised applications, dapps). I think it all depends on the integration of Whisper and Swarm, which may result from a collaboration with the IPFS project and the Serenity PoS transition. The fact that there already exist node implementations in 7 different programming languages makes me optimistic.

Another interesting project is Hyperledger/OpenBlockchain which is mostly focused on consortium/private chains but provides a pluggable consensus model.

https://github.com/openblockchain/obc-docs/blob/master/white...

If the Ethereum core devs can take the project to that level of standardisation, they win. Unfortunately, its dependency on a currency and the focus on the public chain will also attract some of the worse parts of the Bitcoin community. One of the major risks is also the need for backward compatibility.

In the long term, code does not matter, standardisation does.

My understanding is that the primary value of Ethereum other then its decentralized nature is the capacity for smart contracts. A cursory examination of this project doesn't look like it supports that.
Right. ZeroNet and Ethereum don't compete with each other. Ethereum will never be a decentralized CDN the way ZeroNet or IPFS are.