Smart contracts will disrupt businesses
It seems as if you're a blockchain (of some sort) and you don't have smart contracts as a feature you've already lost the race. Smart contracts are revolutionary and will disrupt a lot of businesses and jobs in the (near) future.
Smart contracts are no joke. In due time we will essentially see these contracts change a lot in all markets. The big question though will be which blockchain a business or perhaps a government will select to adopt these smart contracts.
Stratis will conquer, Ethereum will lose
Ethereum and Stratis are only two of many that offer smart contracts but these are two big ones. Ethereum perhaps being the mother of smart contracts but Stratis came, Stratis saw what had to be done better and Stratis eventually will conquer.
In earlier posts I wrote about Stratis being architecturally and therefore technologically better than Ethereum for a bunch of reasons. The chosen coding language is one, the implementation of sidechains is another (we must not forget that a single DAPP brought the entire Ethereum chain on its knees). Perhaps the focus of Stratis on being a BAAS (Blockchain As A Service) company is the root of better decision making and it really allowed them to make it architecturally and technically better. There are a few other advantages that I highlighted but I won't get into these now.
Even though there is hardly a comparison between the two when it comes to the price of their currencies right now, I'm pretty confident that the market will get onboard eventually and that they will trade places.
The Stratis CEO elaborated on smart contracts
A few hours ago I read the following comments by the Stratis CEO on Twitter as a reply to questions about the differences in smart contracts between Ethereum and Stratis.
It's interesting to see that he highlighted two things:
Standardization on smart contracts. Being a BAAS company they'll provide businesses with a specific set that has been tested, audited and approved for them to work with.
Their choice of coding language, which I think is a very strong argument. Blockchain tech is new but they chose to support a coding language that's been around for a while, is well known and supported by a huge community. This has huge advantages on different levels. We all know what happens with App Stores when developers aren't effectively developing for it, not having apps renders an OS pretty much obsolete. If no one will develop for a blockchain platform or what is being developed is lacking in quality then people and therefore businesses will stay away from it.
At this moment we're probably seeing the last major dump of crypto's up until August 1st. I'm holding and I will definitely be picking a good time to strengthen my position in Stratis. In my opinion Ethereum opened many doors but Ether won't overtake Bitcoin as the #1 cryptocurrency and it Ethereum won't be the go to blockchain platform for bussiness to build on. Stratis has a much bigger chance of becoming what they're aiming to become, the #1 BAAS company.
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