What is Stratis?
Stratis is a blockchain platform that allows developers to build dapps on top of it. The development team has released the product and their wallet is easy to use. They use Proof of Stake, but staking isn't the easiest thing for the average user. The wallet tells me I'll get rewarded after 10-15 days if I were to leave the wallet connected for the entire time, which I never do. The more have you in your wallet, the quicker the reward.
The idea of being a platform is similar to Ethereum with a few key differences:
- Stratis uses C# programming language, which is one of the more commonly used languages that developers know already (at least in the US). Ethereum uses Solidity, which is less known, but Solidity isn't hard to learn for a programmer that has used an objective programming language.
- Ethereum targets all developers, whether it's Enterprises or one-off developers. Stratis is mainly going after Enterprises.
Stratis isn't going to be the next Ethereum, but I think it has a good chance at being in the same discussion when a company is looking at platforms to use. Ethereum has built a giant ecosystem of dapps, is being mentioned everywhere, and is also the main token used in ICOs. Because Stratis isn't going after the end consumer, it's not going to get a whole lot of free organic marketing. So they really need to step up their game to get the word out...maybe pay someone to create some how-to videos as a start. If you want to learn more, go to https://stratisplatform.com/
Comparing Ethereum to Stratis is like comparing a full grown adult gorilla to a baby chimp. And that's okay because chimps have to eat too. What I'm betting on is that the baby chimp can be 1/15 the size of the gorilla. Right now, Stratis is about 1/37th the market cap of Ethereum so has plenty of room to grow into an adult chimp.
The charts seem to be indicating a possible breakout in the next 2-3 days?
What is Waves?
Waves is also a blockchain platform and already developed. Their main target is one off developers or small teams. They aren't really going after any Enterprises. Their wallet is easy on the eyes and easy to use. They allow you to earn Waves by running a full node, supposedly up to 1% per month. You can also "lease" your waves to someone running a full node and share in their earnings. Leasing is great because you don't have to be online to do that...you can lease, disconnect your computer from the internets and still earn mining rewards.
Their motto is "Your blockchain token in one minute". I'll compare them to Ether in the aspect that Waves wants to be the token used in ICOs. Creating a token is really easy and fast. Since there is a new ICO every 5 minutes, it's not a bad idea. In terms of marketing, they are light years ahead of Stratis and the community is growing fast.
If you want to learn more, go to: https://wavesplatform.com/
Just like Stratis, Waves is a chimp compared to the Ethereum Gorilla. Waves has a smaller market cap than Stratis today and maybe a higher ceiling than Stratis because you can't under estimate the power of free organic marketing.
My Position
I like the idea of developed projects and that seems to be rare in the top 100 list on coinmarketcap. Both are platforms with room to grow, so I own both. I got in Waves around $2 and Stratis around $5. Holding both tight for now!
Are you in either one? Why not?