I don't think Ethereum is our direct competition.
Ethereum is for soft-coded smart contracts. It offers flexibility.
Graphene is for hard-coded smart contracts. It offers robustness and industrial-scale performance.
There will be business cases better suited for Ethereum and business cases better suited for Graphene.
Precisely the point I made during my two hours on stage in Shanghai...
I just made it back to Half Mile High Meadows in the Blue Ridge Mountains of Virginia an hour ago. Since I'm still Jet Lagged from a 36-hour-long Saturday, I thought I'd file my report.
First off, the part of Shanghai I saw, from the airport to the Hyatt on the Bund, is spectacular. It reminded me of New York only more colorful and friendlier.
(https://i.gyazo.com/616c5f7ba76043f04a5e2f88d921b149.png)
I also concluded, based on an exhaustive scientific sample, that China has more smart people than we have people.
I would like to name all the folks who made my visit there so pleasant, but I'm afraid I might leave someone out! Nevertheless, special thanks to the DACPLAY team and "David Lee" for escorting me everywhere and making me feel like a visiting dignitary.
I also much appreciate the efforts of Bo Shen to give me opportunities to raise the visibility of BitShares and Cryptonomex with, egad, four opportunities to speak:
Day 1, AM: A panel discussion on Scalability in front of an ocean of attendees in the main auditorium.
Day 1, PM: A panel discussion on Digital Assets in front on that same beach.
Day 2, AM: A invitation only technical session on scalability co-moderated by Vitalik.
Day 2, PM: A invitation only session with commodity brokers co-moderated by, um, me.
I couldn't have even hoped for more exposure.
My unifying theme for all four sessions was that industry growth would be greatly enhanced if we started moving onto common blockchains rather than continuing the "altcoin" mentality of a separate stovepipe blockchain for every asset. Community Brands should be free to upgrade to shared Platforms that serve like "operating systems" for digital assets. This would allow them to interact on a common ledger with all the infrastructure services provided for the same reasons that Windows/MacOS/Linux operating systems exist. I used Ethereum and Graphene as examples of two such OS platforms - one focusing on rapid prototyping flexibility and the other on industrial strength performance.
In the next two posts, I'll provide a transcript of my remarks during during two panel discussions on October 15, 2015. These are taken from a pocket recorder I sneaked onto the stage which unfortunately only picked up my own powerful, orator quality voice. So the other panelists have not been transcribed and my recollection of the actual moderator questions is only approximate.
Enjoy.