With the recent news of Dfi’s failure in its initial public offering (IPO) and the looming potential for a similar event, has the end of Ethical Ego a possible future for the ethereal platform? With many speculating on this question, it seems there are two distinct camps. The first group believes that Ethic Ego is the next logical step for Eth as an open source platform for software developers to build their own applications on. These developers believe that Eth is going to continue to mature and provide strong security for the platform.
The second camp does not believe Eth is going to survive the DFI. Many in this group feel that the market will realize that Eth can’t be as effective as they’ve been led to believe and therefore Eth will not be able to compete with other platforms for the future of ethereal.
If you are looking for a platform that will offer an open source platform with a built in security system, a low barrier for entry for developers and that allows developers to build any application they want, Eth is not a platform for you. The key thing to remember here is that if you are going to use Eth, you will need to invest your money into Eth’s core infrastructure and that could be expensive.
Another big thing to remember is that Eth is still a relatively young technology with very little user testing or real time usage by people using it. Therefore, if you are going to use Eth you should be able to determine how it will work for you and what its benefits are. For example, there is an increasing amount of proof of concept and demos being developed all over the world. This means that if you want to get involved, you should be able to learn from these demos and know which ones will best suit your own needs.
Eth also suffers from a major flaw that could cost investors money if they choose to take the wrong approach. That flaw is called ‘network effects’. The problem is that a small number of large users will determine whether Eth works or not because of the fact that if the network was to crash it could cause those users to lose a lot of money.
Because Eth is relatively new in terms of popularity, there is a lot of uncertainty surrounding it. There is some chance that Eth will succeed in the long run, but if it doesn’t, it could end up like many new technologies.