Tell that to the guys who invented the Snuggie! On a serious note, bad mouthing an interesting article doesn't do anything, but drive up its traffic...
I️ was looking into building some stuff on Stellar, but found the resources to be poor compared to ethereum. Unfortunately every time you try to find some resources to build in crypto currency the vast majority of material is around “how to buy stellar!” “Is stellar worth investing” etc
Stellar is interesting, but I fail to see how, outside of its transaction rate, it is superior to Ethereum. Not being Turing complete is a strange bragging point - but then I’m not sure HNs position on smart contracts. Personally I’d take Turing completeness and a lack of tools today over a limited language for posterity.
There are a handful of different tactics in the works to speed up and scale ethereums transactions (were already at 500x smaller fees than BTC). ETH/Viper (a new language for contracts) and ETH/Casper (a method for increasing the transaction rate) together should leave Stellar in the dust. That said I have tremendous respect for Stripe so... we’ll see!
After reading this, I have so many questions. First, can someone please explain what is this business about "advisors" all about? I see Naval Ravikant on nearly every other coin followed by some big names. What role do they play?
Second:
> 5 seconds median settlement time on Stellar vs 3.5 min on Ethereum for execution and secure confirmations). It costs 1 cent to make 100,000 transactions on Stellar.
How does this work? If it works something like Ripple that's not exactly a decentralised currency, is it?
