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Growth in Ethereum

36 points| codetract | 9 years ago |medium.com

4 comments

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[+] kbody|9 years ago|reply
tl;dr: Meh growth, but "exponential growth" on the current small scale for March. Spike of interest based on some PR news without any substance. An Ethereum agency selling snakeoil and big-gov-money just wanting innovation-news-credits for "taking advantage" of the latest hype around blockchains without really understanding anything about it.

If you don't take into account a big part of March, I don't see any exponential growth. I think it's just piggy-backing on Bitcoin's danger of a hard-fork and recent drama. In general the numbers are so low that any kind of spike looks huge.

Another factor is the latest PR on a Ethereum-related consultancy getting a governmental contract on Dubai for smart-cities etc. However, I have talked a person that is involved in that and everything was just a google doc, there is no substance behind it, plus the Dubai-side just want something related to the blockchain-hype without knowing a lot about it.

[+] wakkaflokka|9 years ago|reply
Thanks for this.

Do you personally see anything developing from these announcements?

It's hard to sort out true potential benefit from all the hype, just like it's hard to sort out legitimate technical/business criticism from people who have a strong vested interest in bitcoin.

Being technically naive on crypto currencies, it's difficult for me to judge the objectiveness of criticism or praise.

Every time I see what I think is an objective evaluation of the state of ethereum, and then look at that person's commenting history or blog posts, they typically 1) have a vested interest in ethereum, or 2) have a vested interest in alternative currencies.

Where does somebody go for good, as-objective-as-possible information from people who aren't invested in either technology?

[+] rabbyte|9 years ago|reply
I quit my job because I loved what I was doing with ethereum. You can say you dislike something without saying everything behind it is without merit, to put your words kindly. There are interesting ideas coming from regular people who care about different things while you're focusing on one element.