RE: The price to performance index: EOS, Ethereum, Tezos, Tauchain
I don't know much about Tauchain or EOS but Tezos seems to me like the most promising in smart contracts outside of Ethereum. I believe its possible for a few of Ethereum Dapps to failed due to bugs in the smart contracts. Similar to what we saw with the DAO. Its unlikely but possible. All the major DAPPS have undergone intense audits but their is still room for human error. This is one main reason we see a slow release of Digix and Augur. They want to be extremely careful to test heavily with their beta users to ensure the contracts are secure before what potentially could be millions of crypto running inside them. Tezos may solve on of the key problems of hard forking since it can self upgrade with its governance system and seed fund itself. OCaml may offer safer smart contracts. Tezos def has great potential to be good option for developers seeking greater security although the benefits of Tezos or any other smart contracts platform may not out weight Ethereum's growing network effects. A good example is Bitcoin. All the troubles with the blocksize war and yet here we sit at 30 billion dollars due strictly from its first mover advantage. Not b/c its a better system. Brand name matters.
Tezos is promising in it's design but the problem is likely the cost of development. Think about it this way, if it's not easy to develop for then you end up paying more for the same code you could get for much cheaper on Ethereum, EOS, or Tauchain. Tauchain will have the competitive advantage over all of them in terms of development cost but Tauchain hasn't arrived yet. EOS will likely arrive first and also have a network effect to work with, and given enough time developers will learn to develop for EOS, but Tezos launches at the same time as EOS, and if a developer like myself has to look at each one and figure out which one is the one I can immediately code someting up? It might turn out that EOS is more developer friendly.
So it's about who wins the developer and who has the most dedicated stakeholders. Tauchain and Tezos are new kids on the block in terms of the community building bizdev side. It takes years to build a community, even when you have something potentially viral like Steemit. Tezos as it looks now seems to be nice for cypherpunks and hackers who know functional programming but it's not going to bring in the sort of every day people you see on Steemit or even Ethereum.
Developers, Developers, Developers! Very important. I wanna see how Tezos crowdsale goes. There's some very high profile VC's that are coming into back it. Its hard to tell what advantage it may have now with OCaml and its governance system. If the system is truly more secure from bugs and 0 risk of chain splits then I think for some very high level use cases developers would choose to build on Tezos instead of Ethereum. Since blockchains are each their own economy I think will see several large smart contract platforms that make it long term. Several large Social media blockchains too.
Do you think Agoras token is a good buy at this price?
Sure ,agoras token is now undervalueted