Raptoreum Vs. Ethereum:The Better Blockchain Network

“The receiver generates a new key pair and gives the public key to the sender shortly before signing. This prevents the sender from preparing a chain of blocks ahead of time by working on it continuously until he is lucky enough to get far enough ahead, then executing the transaction at that moment. Once the transaction is sent, the dishonest sender starts working in secret on a parallel chain containing an alternate version of his transaction.” — Satoshi Nakamoto, Bitcoin Whitepaper

Ethereum is the second-largest cryptocurrency globally and was the first to have smart contracts on its network. By leveraging the network, people could use the chain to build dApps, crypto projects, etc.

Raptoreum is the latest blockchain network emerging in the industry and aims to build upon a blockchain protocol which is by default more evolved of a network than Ethereum. This is done by solving the numerous challenges found on the Ethereum blockchain network.

“To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power.” — Satoshi Nakamoto, Bitcoin Whitepaper

You may be thinking that title and proceeding statements are absurd but before you stop reading, take a deep breath and repeat after me… “I will at least hear the author of this article out.” Hey, if anything you can try to prove me wrong, go ahead I dare you!

So, back on topic, in this article, I will briefly compare the two algorithms and in doing so help you to understand if Raptoreum indeed surpasses the quality of Ethereum, or is the author losing their mind; either way you have nothing to lose other than a few moments of your time and a lot to gain.

ETH — bringing more problems than solutions!

Ethereum

Ethereum, despite being the world’s second-largest cryptocurrency network, is pretty exclusive in terms of its accessibility. In general terms being exclusive is seen as a positive, but when only a fraction of coders and developers know a coding language, being exclusive is a hinderance to future expansions and growth. Solidity is like a supercar that the engineers released before it was ready, sure it looks pretty on the outside, but the car will be at the dealership more than on the road or in your garage. Who wants that? Not many of the developers that I know and respect, not even close.

These are a few ways in which ETH is exclusive:

• Ethereum uses the Solidity programming language. This means any developer or person who wants to build a new crypto project or dApp, needs to know, understand, and use the Solidity programming language for it to be hosted on Ethereum.
• Ethereum also has a high transaction or gas fee. Worse than a 70’s American muscle car during the gas crisis. This is because of the network congestion that happens on network. The proof of work consensus mechanism albeit sounds great on paper in practical application and use it makes the transaction process quite slow and takes a lot of time to create blocks.
• Ethereum also has a fixed size limit for each block. Thus information in each block needs to be within that limit only.
• Finally, Ethereum mining requires sophisticated hardware such as high-end GPUs and ASICs. Again, a mechanism, consistent with the rich becoming richer and the poor falling further behind; perhaps by design.

Ethereum drinks more gas than a 70s American car.

This Twitter profile keeps you up to date on ETH gas fees: Feel free to follow. https://twitter.com/Erc20Gas

This Twitter profile keeps you up to date on ETH gas fees: Feel free to follow. https://twitter.com/Erc20Gas

As you see, these are a few ways in which Ethereum gets in it’s own way and limits itself from reaching its own potential due to the challenges caused. The crypto communities can be a bit “Fanboy-ish” so in general it is best to allow these people to persist in their folly but if they attempt to prove this article or the others wrong, they will discover the right choice and concede to becoming a Raptoreum fan.

“Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.” — Satoshi Nakamoto, Bitcoin Whitepaper

Scalability becomes a problem because ETH cannot handle very many users simultaneously on its network without bogging down causing cascading secondary effects. It is a huge problem considering Ethereum is home to various cryptocurrency projects.

“Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model.” — Satoshi Nakamoto, Bitcoin Whitepaper

Raptoreum

When it comes to Raptoreum, it solves these challenges with a few new, refreshing and exciting ideas that RTM implements in the way the network is built. Here are some of the ways in which Raptoreum solves those challenges:

• Raptoreum, instead of using one fixed exlusive language, uses Apache Spark, which gives developers access to numerous more common and easier to use languages such as Java, SQL, Python, etc. This way, people can leverage all these libraries to build exactly what they want and to deliver the best product, protocols, and services to their clients. While saving time, energy and money. This means not being stove piped into a clunky pre release super car.
• Furthermore, Raptoreum uses smart nodes, ensuring that a batch of jobs is assigned to verify and validate blocks. This solves two problems, namely, scalability and accessibility. Not mention the Nodes offer tremdous returns to stakers or HODL’ers. Currently 41% ROI annually on both iNodez and Raptor nodes respectively.
• Raptoreum is far more scalable because it assigns different nodes to verify and validate blocks, thus increasing the network’s throughput and preventing the well established and proven bogging, down as seen on ETH.
• It is more inclusive because the Ghost rider mining algorithm is ASIC-resistant, and thus people with hardware such as PCs and Raspberry Pis can also verify and validate blocks not just an elite class.

These are some of the ways in which Raptoreum one-ups Ethereum in terms of the quality of the blockchain network. However, if you follow Block Depot and read the other articles we have prepared for your edification you will find that Raptoreum is more like “Mike Tyson” and Ethereum is like “Glass Joe”.

Glass Joe aka Ethereum after fighting Raptoreum.

If you don’t want to get knocked out in the final rounds, you better step into the ring as Raptoreum because this is where true opportunity is taking flight. The initial offerings or first to market rarely maintain their market cap in any industry.

Raptoreum aka “Mike Tyson”, Let’s Go!

Conclusion

Raptoreum is perhaps one of the most significant attempts in recent times to propagate the use of blockchain and work towards mass adoption of cryptocurrencies. Digital currencies are the future, and Raptoreum catalyzes this transition in a much more efficient way than Ethereum can.

Furthermore, “Raptoreum is a cryptocurrency project that not only aims to solve mass adoption problems and develop a secure platform for creating futures, smart contracts, and asset creation. Raptoreum targets this with pin point precision, perhaps even more accurate than a Tomahawk cruise missile with the accuracy of (+)or(-) mere inches. This means that the RTM platform also enables the tokenization of anything with the help of non-fungible tokens, the creation of dApps, and more.

This project is loaded with utility and once more developers catch on to what RTM has unlocked for them, RTM will catch on fire. Think of Raptoreum’s development team as being reminiscent of the USA Olympic basketball teams when the best from the NBA would play and embarrass the other Countries. These guys are the best of the best. Nothing is done by chance, each move has been strategically calculated by some of the brightest minds in the blockchain spectrum.” Quoted from a previous article published by Block Depot on “How Raptoreum’s Ghost Rider Mining Algorithm is Better Than Other Mining Algorithms & https://blockdepot.medium.com/raptoreum-is-the-next-generation-of-smart-contracts-75dabb1dad82”.

LINKS:
Wallets: https://raptoreum.com/latest
Site: https://raptoreum.com/
Documentation: https://docs.raptoreum.com/
Papers: https://docs.raptoreum.com/#/papers
Github: https://github.com/Raptor3um/raptoreum
Twitter: https://twitter.com/raptoreum
Facebook: https://www.facebook.com/raptoreum/
ANN: https://bitcointalk.org/index.php?topic=5065848
Telegram: https://t.me/raptoreumm
Reddit: https://www.reddit.com/r/raptoreum/
New Blog: https://blog.raptoreum.com/

TOOLS:
Explorer: https://explorer.raptoreum.com/
Backup Explorer: https://raptoreum.mopsus.com/ (thanks @Ken Blazer)
gr_hash: https://github.com/npq7721/gr_hash

PORTS:
Wallet: 10226

MINING:

How To Mine
https://docs.raptoreum.com/#/howtomine
CPU Miner: https://github.com/WyvernTKC/cpuminer-gr-avx2/releases
Hash & Profitability Calculator: https://mineraptoreum.com/ )

Community Projects
These are projects created and maintained by the awesome Raptoreum community

Shared Nodes https://inodez.com/
Paper Wallet: https://angainordev.github.io/VelociRaptor/
Raptoreum Portfolio: https://raptoreum.io/
GUI Miner: https://github.com/noahtheprogrammer/raptoreum-saltyminer/releases

Block Depot Telegram Announcements: ( https://t.me/blockdepot )

Twitter News & Updates: ( https://twitter.com/block_depot )

References:

https://docs.raptoreum.com/_media/GhostRider_Whitepaper.pdf