Both are 1 billion total supply coins. REQ has about 130 million more coins in circulation than VeChain (REQ has 660 million, VEN 530 million).
Both are platforms for creating dApps, however, REQ focuses more heavily on payments and financial based dApp. Currently 1 VEN could buy you like 18 REQ.
Which platform will be more valuable in the long term? Am I wrong for thinking supply chain applications would work better on REQ due to its accounting features?
What do you think bros, can REQ be as valuable in the future as VEN is right now? Which will be the bigger gainer in the future?
You are silly if you do not hold large amounts of both of these
Jose White
No, you're not wrong for using logic, son! REQ is clearly the crypto project with the biggest potential and more professionally run out there. With a market as irrational and dumb as this one, it can actually be a disadvantage, so there are several shitcoins out there better poised to ride the hype train. But I digress, answering your question, yes I see REQ become as valuable and even more than VEN is right now.
David Phillips
I'm actually made a choice between VEN and REQ and I chose REQ for a bunch of reasons:
VEN is kinda shady while REQ has transparent updates every 2 weeks. REQ has the sickest backing in Crypto: PwC and YCombinator are enough arguments to invest. REQ has a lower mcap and as you said a higher supply, so much more room to grow. Future of payment and accounting.
Christopher Allen
These 2 are my only holdings. I don't think anything really compares to these 2 projects at the moment. Maybe in future when other platforms release their products they can prove themselves but REQ and VEN are years ahead of most projects.
Justin Cox
Didn't realize they were working with an accelerator, especially one like ycombinator. Might have to add to my bags while this price is low.
Chase Hernandez
>Am I wrong for thinking supply chain applications would work better on REQ due to its accounting features Yes you're wrong and I think lacking understanding about either project. For example Vechain is its own blockchain whereas Request is a second layer built on Ethereum, and their respective tokens serve very different purposes. But you are bright enough to see they are both very promising projects. Keep learning user
Jayden Howard
French are the jews of Europe. Also they subdued the swiss. With jews you don't lose. All in Req
Vechain is a goliath but due to REQs tokenomics it can definitely skyrocket as much as VEN. Perhaps one day Request could even migrate to the Vechain blockchain if it sees so much business activity.
Ryder Russell
Correct but what does that have to do with the function of dApps built on them? Not even saying you're wrong I'm just wondering. I don't actually know much about VEN to be quite honest.
Camden Morales
A dApp to track along a supply chain would record information to the Ethereum ledger, request merely leverages the Ethereum ledger through smart contracts to increase the value of the REQ token. When you build on ETH (or VEN, to the point) you are coding new smart contracts whereas developing 'on' Request is leveraging their Ethereum smart contracts that they have already coded.
Landon Scott
VEN and REQ are not competitors
Carter Bell
Obviously lol > Perhaps one day Request could even migrate to the Vechain blockchain if it sees so much business activity.
Jack Murphy
in what aspect you retarded shill ? they are not even in the same category
Xavier Robinson
I think he was just comparing them as projects overall
Isaac Stewart
>Which platform will be more valuable in the long term?
He asked: "Which platform will be more valuable in the long term?"
Crystal clear to me pajeet. Or are you not aware vechain is already 13 times as much mcap as REQ is without mainnet even being live?
KEK. You know shit user, just wait how big and may and june is going to be for Vechain.
I'm not saying REQ is bad but Vechain is a goliath and will enter top 10 and likely even top 5 territory this year.
Colton Ramirez
Also see this thread if you want to learn a bit about Vechain
Joshua Barnes
I chose REQ over VEN because REQ is more professional and has solid updates + undervalued. Didn't buy VEN because of the BMW "partnership" fail, fucking lol.
Ethan Morgan
>13 times as much mcap So it has much less room to grow, got it.
Lucas Adams
So what is meant by this from the Request white paper?
"While it is built on the blockchain ledger of Ethereum, Request aims to be independent from other currencies,monetary policies, or technological choices so that we build the most robust system possible. We believe thisis the key to evolve through time with a growing community and develop an ecosystem around our framework where more DAPP (Decentralized applications) are created."
So VeChain is now its own network with an independent chain where businesses can create dApps, but Request isn't because it's still on Ethereum? I'm so confused now.
Hudson Hall
That paragraph is referring to the governance of the request network. If Request opted to charge fees in ETH rather than REQ that means the ETH community would have voting rights over the Request platform. For example if a vote was put forth about moving to another blockchain, REQ holders now hold the power to make that decision rather than ETH holders.
Jace Lewis
req isnt a platform, its a fucking javascript library holy fuck reqtards are deluded
Kevin Stewart
pretty retarded comparison desu. both great projects serving different markets. you should be holding huge amounts of both if you're not a faggot
Isaiah Allen
jesus christ, you are retarded...
Eli Bailey
He’s from Reddit it explains a lot. Look at that ass clown spacing
Ayden Hall
What about "and develop an ecosystem around our framework where more DAPP (Decentralized applications) are created"?
Leo Thompson
dapps will still be created using Request smart contracts, I'm not sure I understand your question.
Jaxson Thompson
So with Ethereum random people can create their own dApps, right? And they'll be able tp do the same with VeChain (although I guess the focus is on business oriented dApps). Can't the same be said about the Request Network (even though it exists on Ethereum)?
If I look at that site I can see different people developing dApps using the Request Network. So what makes it fundamentally different than these other projects?
Juan Torres
The difference is that request doesn't have its own ledger, it uses an already existing ledger and builds on top of it (Ethereum). The ledger is where all transactions are recorded and confirmed by miners.
Aiden Reyes
The Request platform and its library of smart contracts would be of no use for somebody looking to create a decentralised version of twitter, for example. Although Request does have a very wide range of potential use cases, pretty much anything involving payments.
On Ethereum and Vechain you can create any sort of dApp you can think of, whereas Request lends itself to financial services.
