I am a longtime lurker who never created an account. I am invested In some Protoshares before the snapshot and some afterwards. I have a developer friend who I had some beers with. I introduced him into crypto-currencies and now he seems very interested in Etherium. He says everyone is interested in Etherium and seems dismissive over Bitshares. I am not a real strong technical person so I do not have the background to convince him to change his views.
Can anyone tell me in what ways Bitshares is superior? Can someone point me to the marketing literature that covers this area?
Let me list what little I know so far. I believe that a POS system is superior over mining. It appears their mining will involved running smart contracts and then the contract outputs are somehow made into proofs? I tell him DPOS is a lot simpler, but I am not sure I understand Etherium.
And so by mining - the Etherium is diluted via inflation or does their mining just create transaction fees ?
I told him it is all written in C++ and I hear Etherium is more complicated to learn. It is a completely new thing with a higher learning curve if you already know C or C++. I also understand they have embedded a webclient in Bitshares toolkit so that frontend can be written in modern html. Does Etherium do this ? How do the Etherium smart contracts interact with the user ?
I told him each DAC inside Bitshares has its own chain. I am not sure about Etherium.
Etherium seems to have started by creating the head of the beast first while Bitshares has created the legs with DPOS. It seems to me that Bitshares will be ready for developers to write DACs before Etherium has a real chain going. While Etherium will have some smart contracts ready to go.
I also understand that there might be some extra privacy protections? TITAN? Does anyone know how Etherium is in this area ?
I keep telling him to get some AGS due to the multiplier. It seems like a great deal to me. It isn’t convincing to him. Is it true there are 2 million AGS and PTS ? I explain how you own shares in a DAC. How is this superior over Etherium ? I need to look at the plans for Etherium’s version of an IPO. It seems you get ether which you either sell or use to run smart contracts. Is there no way to invest otherwise ?
I am trying to find a list of the pros and cons of the 2 systems. Any such documentation comparing the 2 would be the best thing since sliced bread or so my grandfather would say.