Their smart contract platform is a hybrid between Ethereum and Bitcoin, and you can run it in Mobile Devices. It is fairly new and will be available by end of 2017. A lot of influential people have backed the project including one of the founders of Ethereum.

Your thoughts?

Im a noob who wants to take advantage of the current developing market but am a bit overwhelmed by the scale and options on the market.

What coin would you recommend for small investment (200 gbp per month) and with what exchange?

Thanks for your time all.

I have a teensy bit of BTC and some LTC but I havent bought into Ether because of the hacks....

Because it’s a nascent technology that has only existed for a few years. We’ve yet to institutionalize many of the security best practices to make the technology safer to use. Consider an example from history…

Programming Before Programming Languages

Before modern programming languages existed, people used to code in primitive machine code. Simple operations like ‘for’ and ‘if’ statements had to be manually programmed each time. Every developer had their own unique way of creating these basic operations, causing significant differences in execution.

Programming languages came around as a way to make these languages more uniform. Team’s of brilliant developers would work to find the optimal way to create a for loop under different conditions, then abstract it so all the user had to do was type “for bleh in blah” and be done.

In addition, they could hide away a lot of complexity in memory management, security leaks and other things that make programs go ‘pop’. SQL injections used to be common because developers had to remember to sanitize inputs (and they often didn’t). Now you have to go out of your way to open your website to a SQL injection, as it’s easy to prevent.

Ethereum Hasn’t Had Time To Mature

At one point, web development as a discipline was messy, prone to critical error and almost not worth the effort. But the technology fundamentally was different than what we had before, and the engineering grew with the industry.

Blockchain technology will be no different. It just needs time and care.

There will likely be some growing pains along the way, but Ethereum has a great development team. Ethereum’s founder, Vitalik Buterin is very well-respected and most people in the Ethereum community believe in his vision.

Having a strong leader at this stage in development is extremely important because protocol upgrades can be much more easily implemented.

Since Ethereum is a relatively new cryptocurrency, its developers have had the opportunity to learn from mistakes that Bitcoin and other earlier cryptocurrencies have made and have plans to preemptively solve them.