Harmony One has smart contracts, cross chain bridges, 2 seconds transaction speed, very high TPS capacity, is secure, decentralised but also backed by Coinmarketcap (who is on of validators) which is connected to Binance that will endorse it. This is the blockchain to rule them all.
i am reecently added harmony as my portofolio. with all feature harmony have, i am sure it will be very big in market and possible to top 10 in coinmarketcap. with several partner which is have name in their part , there will alot important developtment that will deliver to harmony community. 
Topic: Don't we have too many smart contract platforms already? - page 3. (Read 564 times)
Even if they are, investors are still looking and developers are still creating the Cryptocurrency industry is so huge that new innovation will be welcome here with open arms, so expect more smart contracts project to be created by developers and investors to invest, the Cryptocurrency is still moving forward and we are getting better, with these smart contract-based projects.
Are you saying we don't need more? Let developers keep doing what they can in the process it can benefits, don't you know that talent is greater than talent? Just because we have many smart contract projects doesn't mean we aren't lacking in some areas
i cant say if we have too many because i only know those that are in your list and nothing more but others i guess are only a normal altcoin or a token without smart contract features .
the reason why they created another than etherium is not only because of the profit but because they also want to help . eth has some problems but they solve it in the other crypto platform . same can go on a new crypto platform , it could have a problem and the newer one will solve it .
the reason why they created another than etherium is not only because of the profit but because they also want to help . eth has some problems but they solve it in the other crypto platform . same can go on a new crypto platform , it could have a problem and the newer one will solve it .
~
What are your thoughts? Do you think the market is already saturated with too many smart contract platforms? Or is there still room for growth? What may be the cause for such an unprecedented increase in new blockchain networks with smart contract functionalities? Will this ramp up the competition in the crypto/Blockchain space? Or will it do more harm than good for established players like Ethereum and Binance Coin? Your input will be greatly appreciated. Thank you.
We might see too many smart contract platforms already but I expect to see more in the future What are your thoughts? Do you think the market is already saturated with too many smart contract platforms? Or is there still room for growth? What may be the cause for such an unprecedented increase in new blockchain networks with smart contract functionalities? Will this ramp up the competition in the crypto/Blockchain space? Or will it do more harm than good for established players like Ethereum and Binance Coin? Your input will be greatly appreciated. Thank you.
.With the platforms that the OP has posted, ETH and BSC are the most popular and Cardano still didn't released its Goguen Mainnet (that is where the smart contracts will arise in Cardano Blockchain). I think that there will still be room for growth in the future or at least some upgrades and new features. These platforms will make harm if they will make a platform just to scam people.
On the other hand, we might see more in the future but the likes of ETH and BSC will be on the top therefore they will be the ones that will be used the most.
Yes we really do have a lot of smart contract platforms already, but investors are wiser about what to support and what is not, they know what is a money-making scheme by the developers, only the best smart contract project will and can go on.
Developers keep creating and exploring new technology to enhance the use of Cryptocurrency and to make trading very easy and profitable.
Developers keep creating and exploring new technology to enhance the use of Cryptocurrency and to make trading very easy and profitable.
Each platform have different purposes and that is why you have mentioned that. Some of it are made for gambling purposes like to use as one of the payment in their gambling platform. Some are creating for scam purposes and made some people think that it may come close to ETH like the other tokens or coins.
other smart contracts will not be able to compete with Ethereum, even Binance Smart Chain (BSC) is still not able to approach the Ethereum Platform, we know now on the BSC platform there are a lot of scam tokens and a lot of tokens or coins that have no clear direction and innovation on the BSC platform.
Those new platforms usually aren't launched with the serious intention to beat the established ones. The goal is to make a very quick buck on the reputation that has been built by legitimate projects. You see the same currently happening for all those decentralized exchanges that are announced left right and center. I don't even know how many DEX there are right now, but certainly a very high two figure number. For what?
Each platform have different purposes and that is why you have mentioned that. Some of it are made for gambling purposes like to use as one of the payment in their gambling platform. Some are creating for scam purposes and made some people think that it may come close to ETH like the other tokens or coins.
other smart contracts will not be able to compete with Ethereum, even Binance Smart Chain (BSC) is still not able to approach the Ethereum Platform, we know now on the BSC platform there are a lot of scam tokens and a lot of tokens or coins that have no clear direction and innovation on the BSC platform.
Each platform have different purposes and that is why you have mentioned that. Some of it are made for gambling purposes like to use as one of the payment in their gambling platform. Some are creating for scam purposes and made some people think that it may come close to ETH like the other tokens or coins.
I Agree with that observation Mate, I believe that we have too many smart contracts platform in the market nowadays it all happens because they want to replicate the success of Ethereum that's why they are creating the same function and features the smart-contract services But on the other aspect some platforms are not settled to compete Ethereum because they want to dethrone Ethereum that's why they have created a much capable smart contract function with much faster transactions and cheaper fees compare to Ethereum that's the new trend today.
That is usually what they say that's why there's always a thread about ETH killer. The platforms have different features rivalling ETH but so far they aren't close to killing ETH.
Some platforms seem not trying to kill ETH but just wanted to give options for developers like the TRX and EOS which is obviously for projects developing dapps for gamblers and games. The 2 platforms fitting for these projects because of the small fee to make transactions. NEO and VET seem to be for the Chinese investors but does the same thing but offer another programming language.
I Agree with that observation Mate, I believe that we have too many smart contracts platform in the market nowadays it all happens because they want to replicate the success of Ethereum that's why they are creating the same function and features the smart-contract services But on the other aspect some platforms are not settled to compete Ethereum because they want to dethrone Ethereum that's why they have created a much capable smart contract function with much faster transactions and cheaper fees compare to Ethereum that's the new trend today.
The market is still small on a global scale. Ethereum blockchain or cardano is not suitable for all tasks. A large abundance in the market will not be a problem, the market itself determines what is the value for it. However it is already clear that there are large coins and smaller ones.
I'm pretty sure the development of smart contracts for future projects will continue. their goal is to be big, and stand-alone, and to date, the mentioned coin is really a famous coin. however, I think a lot of people want to follow in the footsteps of ethereum or Binance, so it's only natural that they would create their own smart contracts as long as the opportunity arose.
I think if there are too many like this it will not be healthy for the market, because we now have many solutions with transaction fees and speed, but what happens is that ETH is still at the top of smart contract.
it is better if the new project makes good use of what is already in place rather than having to create another smart contract.
it is better if the new project makes good use of what is already in place rather than having to create another smart contract.
Harmony One has smart contracts, cross chain bridges, 2 seconds transaction speed, very high TPS capacity, is secure, decentralised but also backed by Coinmarketcap (who is on of validators) which is connected to Binance that will endorse it. This is the blockchain to rule them all.
everything new must support an innovation that is interesting and indeed a solution that no other chain network has. Harmony has a good development. especially with the support of large projects cooperation. harmony is becoming a big project with its own smart contract. but it's still too new for them. 
Day after day, I see new cryptocurrencies whose underlying blockchain networks have smart contract features. We already have Ethereum, Cardano, EOS, Binance Coin, Flow, Tron, Polkadot, and many other cryptocurrencies with smart contract functionalities. Sometimes I think we have too many smart contract platforms that would bring no real use cases in the mainstream world.
The causes are not smart contracts or the core or back-bone platforms. Projects need to have creative ideas that can solve real problems in society. Like start ups, crypto companies can not succeed if they repeat what previous projects do and solve.In crypto ecosystem, many projects are clones, copies of others and no new idea, no new solution. It is why in each branch, the pioneers get biggest success. Ethereum for smart contract, Dogecoin for meme, Uniswap for DeFi.
Quote
Instead of creating a new smart contract platform, developers should focus on building within existing platforms to make crypto land a better place. Yet, developers' mindset is to make large profits in the least time possible by creating a new blockchain network from scratch.
Creating a new blockchain with new technology is great but not mandatory. Blockchain is tool to solve demands and unsolved problems in society.
Yes we have too many smart contract projects in crypto space and they still keep popping up, ETH is the first of its kind that's why it will remain the best, having new features or utility in smart contract can't beat old projects unless the old projects failed, there is something about oldy in crypto space if not BTC and ETH won't still be the 1st and 2nd on coinmarketcap today when many new coins have better features than them.
Harmony One has smart contracts, cross chain bridges, 2 seconds transaction speed, very high TPS capacity, is secure, decentralised but also backed by Coinmarketcap (who is on of validators) which is connected to Binance that will endorse it. This is the blockchain to rule them all.
Having a competition is good for development, so I think there will never be too many smart contracts. The worst thing that can happen to development is stagnation. Without competition, the project developer is not pressured to give their best and will settle with what is in their hand. With competition, they are forced to think and be innovative. So the more choices of smart contract platform the better of the user. So, with that in mind, I always think that there is no such thing as too many smart contract platform.
multiple platforms with their own network further enrich and provide many options for the crypto market. Blockchain project developers can adapt to the exact needs of their projects.
market wants are always changing, and that has led to the emergence of a new ecosystem that triggers multiple platforms to meet those needs.
such as the problems experienced by ethereum related to expensive transaction fees and were overcome by the presence of BSC. as well as Polkadot and Polygon who were present to enliven this competition.
their long-standing development in the crypto market will continue. but those who are new, have to provide something profitable if they want to compete.
market wants are always changing, and that has led to the emergence of a new ecosystem that triggers multiple platforms to meet those needs.
such as the problems experienced by ethereum related to expensive transaction fees and were overcome by the presence of BSC. as well as Polkadot and Polygon who were present to enliven this competition.
their long-standing development in the crypto market will continue. but those who are new, have to provide something profitable if they want to compete.
Jump to: