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Offline clayop

Difference between Bitshares and Ethereum?
« on: January 27, 2015, 12:28:22 AM »

Can someone explain about this? Because people keep me asking about this and I cannot explain very well.
IMO, Bitshares' DAC = Ethereum's DApp. Is this correct?
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Offline toast

Re: Difference between Bitshares and Ethereum?
« Reply #1 on: January 27, 2015, 12:30:01 AM »
A DAC is a dapp or collection of dapps with their own special-purpose blockchain. Ethereum is like a general-purpose DAC that is primarily a dapp platform.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline clayop

Re: Difference between Bitshares and Ethereum?
« Reply #2 on: January 27, 2015, 12:32:44 AM »
A DAC is a dapp or collection of dapps with their own special-purpose blockchain. Ethereum is like a general-purpose DAC that is primarily a dapp platform.

Thanks for the quick response. So what is Super-DAC? Is it also a general-purpose DAC (a platform)?
Bitshares Korea - http://www.bitshares.kr
Vote for me and see Korean Bitshares community grows
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Offline VoR0220

Re: Difference between Bitshares and Ethereum?
« Reply #3 on: January 27, 2015, 12:34:18 AM »
The difference as far as I can tell is Ethereum is 100% integrated. Dapp's run on top of the ethereum blockchain. DACs run on separate blockchains. In order to execute smart contracts in the Ethereum Network, one has to pay in ether to register it to the blockchain.
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Offline toast

Re: Difference between Bitshares and Ethereum?
« Reply #4 on: January 27, 2015, 12:37:29 AM »
A DAC is a dapp or collection of dapps with their own special-purpose blockchain. Ethereum is like a general-purpose DAC that is primarily a dapp platform.

Thanks for the quick response. So what is Super-DAC? Is it also a general-purpose DAC (a platform)?

Super-DAC is marketing BS, it's just a big DAC
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline toast

Re: Difference between Bitshares and Ethereum?
« Reply #5 on: January 27, 2015, 01:33:05 AM »
Using vitalik's crypto stack diagram:   http://i.imgur.com/NYFQie2.jpg

Bitshares does levels 0, 1, and 2a with the goal of outcompeting centralized alternatives for a profit.
Ethereum is levels 0 and 1 (with lots of side projects for all other layers) with the goal of being a platform for all kinds of decentralized entities
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline fuzzy

Re: Difference between Bitshares and Ethereum?
« Reply #6 on: January 27, 2015, 02:08:20 AM »
Using vitalik's crypto stack diagram:   http://i.imgur.com/NYFQie2.jpg

Bitshares does levels 0, 1, and 2a with the goal of outcompeting centralized alternatives for a profit.
Ethereum is levels 0 and 1 (with lots of side projects for all other layers) with the goal of being a platform for all kinds of decentralized entities

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