Ethereum's biggest contender? - page 4.

Vishnu.Reang

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Quote from: kaseygriffin on July 07, 2020, 05:33:36 AM

It is possible that BNB or TRON will surpass ETH in the future if they continue to grow like at the moment. I am currently investing in these altcoins and hope the price will one day go up and bring more profits to investors.

In the future some other cryptocurrency may topple Ethereum from its no.2 position, but I am sure that it is not going to be BNB or TRON. Ethereum is a smart contract platform, and its scope is very wide. On the other hand, the scope is very limited for both BNB (exchange token) and TRON (file-sharing). And at least in the case of TRON, the development activity is not moving forward.

kaseygriffin

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It is possible that BNB or TRON will surpass ETH in the future if they continue to grow like at the moment. I am currently investing in these altcoins and hope the price will one day go up and bring more profits to investors.

TheGreatPython

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Quote from: wozzek23 on July 06, 2020, 03:24:17 PM

I would say that ethereum do not have a proper contender. I mean yes binance has a huge say in it and BNB will definitely go higher in the future because it has probably a million reasons to do that, but that doesn't mean it will take ethereums place. I would see it (removing usdt obviously) at third place above xrp soon, but that's it, it will be ripples biggest contender and not ethereums.

Yes BNB would be big because of the simple fact that binance has easily amassed itself as the biggest exchange and hence the services they provide would always be more efficient with BNB but that said I think BNB would always be a top 10 no doubt although never breaking into the top 3 or top 4 as they are just too big to overcome.

I am personally a big fan of TRON and think it might grow the market cap to the next level in no time. But like mentioned in OP it is sort of centralized so it will have it's own limits. I mean no coin could possibly cross ETH but as we are talking contenders so I see tron having a solid chance.

Etsu

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Quote from: Abiky on June 19, 2020, 09:39:41 PM

So many smart contract platforms have emerged over time, ramping up the competition for ETH. Some have claimed to be the "Ethereum Killer" (like EOS), only to fail altogether. While none have been compared to ETH in terms of decentralization and reliability, there are some projects which aim to base their development on an academic level. One of those projects is Cardano. With a focus on PoS and decentralization, it could become ETH's biggest contender in the future. Other projects like EOS and TRON may have already adopted PoS, but they're inherently centralized. Which is why, I strongly believe that Cardano could topple ETH in the not-so-distant future.

What are your thoughts? Will Cardano become Ethereum's biggest contender? If not, which smart contract platform do you think it will? Your input will be greatly appreciated.

To certain extent you are right about one thing, developers seems to favor the usage of ethereum blockchain more than others possibly because of the popularity as well other reasons but EOS blockchain isn't a fail project and it's working perfectly fine, it's actually The best for building gaming related Dapps as well tron network is a good alternative as some folks are actually saying its more scalable and has more throughput than eth currently. The thing is, all of these blockchians are really a game changer and each of them has the potential to thrive effectively in the market

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Quote from: takana212 on July 05, 2020, 12:43:47 PM

I think in the next 2-5 years there will be no platform that can compete with ETH because now ETH is the second mover after BTC for the up and down movements of cryptocurrency prices

BTC is the first decentralized monetary after BTC ETH is the king among altcoins in my mind. But more than that as you above mentioned every platform wants to compete and overcome ETH. But l think it is really hard to achieve this goal. ETH is smart contract platform and still on the first rank. No doubt it will keep standing on this rank.

wozzek23

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I would say that ethereum do not have a proper contender. I mean yes binance has a huge say in it and BNB will definitely go higher in the future because it has probably a million reasons to do that, but that doesn't mean it will take ethereums place. I would see it (removing usdt obviously) at third place above xrp soon, but that's it, it will be ripples biggest contender and not ethereums.

Ethereum is already in second place and already doing great yet it is not going to even slow down, it is working on new stuff to make it better and that means ethereum will not only go up, but it will probably go up a lot more than people expect, like to 500 dollar levels. Which is why I believe that ethereum doesn't really have any rivals right now, it will continue to be altcoin king for a long time.

totoy4741

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Quote from: bukham88 on July 06, 2020, 01:07:35 AM

Although many other altcoins want to compete with ETH, everything will be in vain, because the development of ETH and transaction volume is much faster than other altcoins, and for the next 5 years ETH is still superior.

I think XRP has faster transactions than Ethereum and other than that XRP had lesser fees compared to Ethereum, it just that Ehteruem has a better blockchain techology to support multi transactions per second. But my opinions, any establish coins except for bitcoin could suprass or at least challenge ethereum in 2nd spot, it just a matter of time and opportunities for every one of them.

Vishnu.Reang

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Quote from: filterMX on July 06, 2020, 07:08:41 AM

in the crypto world, altcoin might be able to overtake ETH, because everything is determined by supply and demand, but looking at the current development of ETH, it will be very difficult for other altcoins to compete with it.

Are you serious? ETH development is in tatters. There have been delays and postponements, for the past 2 years or so. Even the rollout of Ethereum 2.0 was postponed multiple times, and now the developers are saying that they will be unable to do the rollout in a single phase. The situation with ETH may be better when compared to some of the other alts, but it is still lagging behind Bitcoin.

filterMX

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in the crypto world, altcoin might be able to overtake ETH, because everything is determined by supply and demand, but looking at the current development of ETH, it will be very difficult for other altcoins to compete with it.

trauchot

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It is still very difficult to say which altcoin with its technologies and capabilities will be able to withstand Ethereum and perhaps there are no such altcoins at the moment, but most likely such altcoins should appear in the future, so I have such an opinion at the moment.

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Quote from: Untomabur on July 05, 2020, 01:22:13 PM

Ethereum's definite competitor in my opinion is Ripple, top 2 and 3 are always tight competitors, but now Ripple is still asleep, if this giant wakes up then I am sure XRP can be in the top 3 again

Or even top 2, like it did in the past, XRP has been sitting in the number 2 spot for awhile before ETH reclaim its spot, but I don't think XRP is still that strong now to get back on top, it's just too centralized and I believe the coins that will lead in the market the real decentralized coins.

bukham88

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Although many other altcoins want to compete with ETH, everything will be in vain, because the development of ETH and transaction volume is much faster than other altcoins, and for the next 5 years ETH is still superior.

b9ron

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What about a Cpu PoW BlockDag Smart Contract platform with Full Homomorphic Encryption, is big enough like competitor?

Roll Eyes

Untomabur

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Ethereum's definite competitor in my opinion is Ripple, top 2 and 3 are always tight competitors, but now Ripple is still asleep, if this giant wakes up then I am sure XRP can be in the top 3 again

jacafbiz

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All these Ethereum pretentders have tried but have failed to gain any significant market share, it was Tezos I thought would give ethereum ride for its money but have failed to gain significant momentum. IMO, I think Binance chain has the potential to be Ethereum biggest contender because of its competitive advantage

takana212

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I think in the next 2-5 years there will be no platform that can compete with ETH because now ETH is the second mover after BTC for the up and down movements of cryptocurrency prices

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Quote from: mt55 on July 04, 2020, 01:57:06 AM

There are several projects that could unseat Ethereum, including Aeternity, Amoveo, Ardor, Ark, BOSCoin, BlockStack, Cardano, Chain, DFINITY, EOS, Genaro, Lisk, NEM, NEO, Qtum, RChain, RSK, Stellar, Stratis, Tezos, Waves, Zilliqa, and others.

You're kidding right?

I agree with some of these platforms, but only because they are actual smart contract platforms that have been around for a while and have been growing in terms of DAPPS using them but sorry to say, some of them have been well on their way out and will never get the same kind of mainstream usage the way ETH does.

ETH you must remember is also a well accepted currency. Have you seen ANY of thse coins also used to pay for services? I know I've seen Stratis on ONE casino. Nothing else.

Vishnu.Reang

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Quote from: mt55 on July 04, 2020, 01:57:06 AM

There are several projects that could unseat Ethereum, including Aeternity, Amoveo, Ardor, Ark, BOSCoin, BlockStack, Cardano, Chain, DFINITY, EOS, Genaro, Lisk, NEM, NEO, Qtum, RChain, RSK, Stellar, Stratis, Tezos, Waves, Zilliqa, and others.

I haven't heard about at least half of the projects listed above. And I don't have a good opinion regarding any of the projects in the remaining 50%. Some of the projects such as Stellar Lumen, Cardano and NEO showed a lot of promise in the earlier stages. But they were unable to maintain the momentum. So for the next 2-3 years at least, I don't think that there will be any major competition for ETH.

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Quote from: Finestream on July 05, 2020, 05:03:29 AM

We have no idea what's gonna happen in the future but I see Cardano as a good investment.

agree for Cardano, that it is a good competition, if we can call it that way, comparing current numbers regarding users and applications, both Tron and EOS seems to be out of touch, and sliding down, so would not call them real competition, would list Tezos and Zilliqa as ones that could increase their numbers to come close to competitors (EOS and Tron are only real competition at the moment) and BNB will have good support from main business for steady growth

ETH is simply too big at the moment, to have real competition, but that could change in the future, especially if things with ETH2.0 are going slow, as at the moment

Finestream

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We have no idea what's gonna happen in the future but I see Cardano as a good investment.

For cardano to succeed, it does not necessarily mean it will beat ETH but it can compete because both can grow altogether since crypto is a big market as the adoption increases overtime. Actually I'm done filling up my bags with Cardano since as of this time, it's still very much undervalued based on my own evaluation on the potential of the project.

The supply is high but it should not be a hindrance for it to grow as it's proven that even with high supply coin, it could still succeed like XRP for example.
I believe once the altcoin market returns, it would easily achieve at least $1, so I'm really optimistic with this project.

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