BitShares Forum

Main => General Discussion => Topic started by: clayop on January 27, 2015, 12:28:22 am

Title: Difference between Bitshares and Ethereum?
Post by: clayop 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?

Title: Re: Difference between Bitshares and Ethereum?
Post by: toast 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.

Title: Re: Difference between Bitshares and Ethereum?
Post by: clayop on January 27, 2015, 12:32:44 am

Quote from: toast 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.

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

Title: Re: Difference between Bitshares and Ethereum?
Post by: VoR0220 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.

Title: Re: Difference between Bitshares and Ethereum?
Post by: toast on January 27, 2015, 12:37:29 am

Quote from: clayop on January 27, 2015, 12:32:44 am

Quote from: toast 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.

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

Title: Re: Difference between Bitshares and Ethereum?
Post by: toast 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

Title: Re: Difference between Bitshares and Ethereum?
Post by: fuzzy on January 27, 2015, 02:08:20 am

Quote from: toast 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

 +5%