Why is nearly every new coin based on ethereum?

Why does every fricking coin bases on ethereum? Are the people to "Dumb" or Lazy to create their own system & chain?

Because creating your own "system & chain" would require you to also require you to get your own group of miners that are capable of and willing to mine said chain in order to make that currency work. Ethereum is a good system in regards to smart contract style chains, with faster transactions then BTC, although slower then ripple. But once again, it's more so on the fact that ethereum is specific for the smart contract system and speed to do so, where other coins are not at the same level.

Looking for this for a long time. Really good dude!

Because it's so much easy to create a coin on the ethereum chain, it can take not more than 30 minutes and you will have a perfectly copy-pasted coin.

Coins based on ... will never become like the father (ethereum)

ETH enviroment, its big so it can be used not just for coins but apps aswell!

ETH is being used because everyone can create an ERC20 token. The token itself works on the ETH blockchain so no new chain need to be developed

11-05-2018, 08:51 PM

PandoraCrow Wrote: Looking for this for a long time. Really good dude!

I like this reply because it makes absolutely no sense.