All the buzz in the last few weeks in the crypto-currency space is about Ethereum, a “Turing complete crypto-currency”. Let me TL;DR wtf that is (and I’m by no means an Ethereum expert, so don’t quote me on this):
Ethereum is a “Minecraft for money”. It’s a new raw protocol that allows people to build arbitrarily complicated financial scripts and treat these scripts as first class citizens. In Bitcoin, you can send money to an address, that’s easy. A less-known fact about Bitcoin is that you can send money to a script, e.g. a 3-out-of-5 “multisig” script, that requires a signature from at least three people in order to spend.
Bitcoin scripts are deliberately not Turing complete – you want scripts to be very easy to compute and verify – the last thing you want would be someone spamming the network with high fee transactions to a script that is a hidden infinite loop, causing miners and users to overwork their CPU.
So my TL;DR – I don’t know. When Mastercoin came out August 1st 2013, it was the first second generation crypto-currency, and this is why I posted a buy recommendation that turned out to give a more than X10 profit. Ethereum’s timing is different, for good and bad – they’re getting a lot of attention which is great for them, but it might also mean an over-priced IPO.
Go do your own homework! Follow these links, engage the community, and make up your own mind. I wish them a successful IPO.