Topic: Ethereum's biggest contender? - page 7. (Read 1226 times)

Considering the growth of Binance in the past years, this can still be a potential contender on a top 2 position despite of their differences. ETH is still better than any smart contracts as of today and the hype to beat ETH was gone, this is why ETH is still on top. Well, no matter what kind of technology that you have in this market as long as there is growth and demand, you can be the contender and there’s a chance for that coin/token to be on top of altcoins, who knows!

IMO Ethereum is so far ahead of all those "ethereum killers" that it's kinda pointless to guess which of them has the highest potential to replace Ethereum, because right now the chance of this happening is close to zero. It's just like asking "which coin will replace Bitcoin".

Ethereum has a huge ecosystem of smart contracts, even though they don't get used much in real world, there's still a lot of developers who experiment with them, I personally lurk in one such community and even participate sometimes.

Why should people throw everything they've built and learned with Ethereum and commit to a platform that is very crude and likely fundamentally flawed? Until "ethereum killers" are overall better than ETH, with no trade-offs, there won't be any flippening.

I doubt it.

BNB is only an exchange based coin but Ethereum is not. Binance has tried everything to drag Ethereum down but has always failed miserably.

I still feel NEO can be a potential Ethereum killer, it is a Chinese backed project and is known as Chinese Ethereum but the development has not been up to track.

How exactly you think they are in competition with each other? BNB was build to be a DEX while ETH is doing so much more then that.

ethereum biggest contender is binance coin.. bnb has a big potential as well as those in the top 10 list.. but the thing about this ethereum even though there are a lot of coins out there it seems that eth is so popular..

Every smart contract platform is a contender, but it will go out on the community support and adoption by the community, Ethereum is well adopted almost all people in Crypto had an Eth or invested in token created using Ethereum smart contract, some people are not even aware of Cardano or Neo, they only know Ethereum and Ethereum wallet.

Ethereum has got no competition as of yet and i think in its category Ethereum will dominate for many many years, it is not possible to stand a repute a build an empire of blockchain with smart contracts, tokenization, dApps, DeFis and much much more. Ethereum network is a whole blockchain architecture and infrastructure which other projects can only dream to build. My love and respect for Ethereum as a project is growing each passing day now.

Well, EOS did fail since its block producers have frozen accounts on the blockchain before. This shows us how extremely centralized it is, compared to other smart contract platforms in the crypto/Blockchain space. If EOS stays this way, it'll never be able to compete with Ethereum directly. I think that Cardano is Ethereum's biggest contender as it focuses on decentralization above all else. Better yet, the team is taking an academic approach to ensure the stability and reliability of the underlying blockchain network for the foreseeable future. Cardano's innovative PoS consensus algorithm, might compete head-to-head against Ethereum because of its level of decentralization. Other blockchains like TRON, EOS, and Tezos, are based on the DPoS consensus algorithm which is prone to extreme centralization.

Of course, Cardano's development has been rather slow ever since it came into inception back in 2016. But I believe this approach is better, in order to provide a blockchain network that's stable enough for mainstream use. Someday, Cardano will be able to reach the level of adoption of Ethereum as it become a tried-and-tested smart contract platform that could handle anything within its path. While other projects might become successful in the long run, they'll never become as comparable as Ethereum due to its first-mover advantage on the market. Just my thoughts

I think Ethereum will not only maintain its position but it will sustain and solidify its position with eth 2.0 and upcoming improvements, eth network is already the king of the dApps, DeFi and smart contracts and i do not see any serious competition coming for ethereum for years.
You have rightly mentioned Cardano, i like it as well and holding this coin as well but it will take ages for cardano to be as big as ethereum meanwhile ethereum would have grown much bigger by that time.

I do think that ethereum is already one of the best, but like you metioned cardano might be a competition. Another competitor for Ethereum might be NEO, which is a chinese based platform.

EOS didn't fail, it's a successful blockchain technology on its own, Cardano isn't bad either but going against or Vs with ethereum is night and day, developers will continue to choose ethereum blockchain over Cardano for some reasons, this won't stop Cardano and others from becoming a success

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.