Author Topic: Vitalik Buterin compares bitshares vs ethereum like ASIC vs CPU. Thoughts?  (Read 5514 times)

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Offline santaclause102

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In the way he used it it is on point. The thing is you can misinterret EVERY analogy and analogies are never correct or true. Read Charles Ewans "A Rose to Bitcoin" on lets talk bitcoin. Also AISICs tends to get a negative connotation because the foster the centralization of Bitcoin, in that sense the analogy does not apply...

Offline xeroc

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In some sense he is right .. ethereum is more like an Operating system on which you can run applications ... much like TCP to HTML/SMTP/...
Or like the BIOS is compared to Linux ..

Anyway .. as financial instrument bitshares are close to beeing developed .. whereas ethereum first needs to establish the basis operating system before others can create financal instruments (ie trading platforms)

Bitshares is already there NOT depending on a basic OS ... that's actually an advantage ..

Offline liondani

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Vitalik Buterin makes an analogy that ethereum is like a CPU that can make everything insteed of bitshares thats behave more like an ASIC... Thoughts?  :)

http://www.ustream.tv/recorded/44763440
statement made on 00:54:13