ETH now has another competitor due to insane gas price which becoming really hard for everyone. People are moving towards alternative but demand for big players growing very fast and this is pushing towards the new level. I think other blockchains will give though time in coming days.
What kind of competitor are you talking about? Binance Smart Chain or Huobi Eco Chain?
The main problem with these competitors is that they offer to use their ecosystems, which are a fork of Ethereum. We are told that this is DeFi, but there is no decentralization in these projects, because these are centralized blockchains.
Polkadot and Cardano, according to their fan bases. Cosmos coming back around as well.
Cardano will launch smart contract features in an upcoming update.
The polcadot has over 300 projects pending launch on the mainnet. But there are no more than 100 places in total.
Polcadot network can serve no more than 100 parachains; with their further increase, performance problems in the mainnet will begin.
More than 3000 projects are working on the Ethereum network.
The biggest competitor to ETH now is called SOLANA SOL.
Ive been in ETH from the start (check back in this thread to see)
and i can seriously say SOL has the best Blockchain tech in crypto today.
Look into and you will see yourself.
https://medium.com/solana-labs/7-innovations-that-make-solana-the-first-web-scale-blockchain-ddc50b1defdahttps://medium.com/solana-labs/ftx-chooses-solana-for-serum-a-high-speed-non-custodial-decentralized-derivatives-exchange-c346a27c1f2bhttps://twitter.com/Solana_Mates/status/1357564286843949057Wormhole bi-directional bridge between Solana and Ethereum is now live!
https://twitter.com/Narodism/status/1358446889885122561Amir Taaki
@Narodism
·
7 Feb
Solana is the most well thought through blockchain platform in the entire space. The others rushed to fill a gap by throwing together concepts hoping they stick. Solana devs went to the root of the problem, started from first principles and revisited old research on concurrency.
https://twitter.com/jerallaire/status/13537432549074575381/13 Today, Circle rolled out full production support for USDC on the Solana blockchain for all of our customers.
Things brings USDC to a fast moving ecosystem attracting innovations in DeFi and consumer apps.
https://twitter.com/circlepay/status/1353776178746818560Now live: Full
@Solana
blockchain support across all Circle products. Solana is powerful, with 50K tps and block production and settlement finality w/ in 400 ms.
https://twitter.com/jerallaire/status/13537432626920284175/13 More importantly, with Circle APIs, developers and businesses can take card, wire and ACH payments that settle in USDC, and swap, send and receive with Solana USDC; the inverse (redeem and catch out via wire, ACH, etc) is also true
https://twitter.com/paoloardoino/status/1356702177184542721Let me leave it here
https://explorer.solana.com/address/Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB@solana
$SOL
@Tether_to
@solana
https://twitter.com/bitfinex/status/1362407811280478212Bitfinex
@bitfinex
➕ Solana ($SOL) is coming!
Keep following #bitfinex social channels to discover when #Solana (SOL) will be listed on Bitfinex 👀 and the available pairs.
$SOL
@Tether_to
https://cryptonews.com/exclusives/solana-founder-on-critical-defi-challenges-and-how-to-fix-th-9275.htmCurrently doing over 100 million daily tx
https://explorer.solana.com/