I do not think that such an experienced and powerful team as the developers of the Ethereum project will allow any other project to take the place of the second coin after Bitcoin. But if ever this can happen, then the place of Ethereum should rightfully be taken by Polkadot, with have ideas and plans to improve the blockchain. There is no more worthy contender to replace Ethereum.
Although it seems to me that this simply cannot happen. ETH has a very strong technical side, which will move both the coin and the network forward.
Topic: If an Altcoin has a chance to overtake Ethereum, which one would it be? (Read 499 times)
March 14, 2021, 04:09:47 PM
March 10, 2021, 04:59:01 AM
IOTA and HBAR
March 10, 2021, 12:47:08 AM
Ethereum fees are increased A LOT and it makes much more sense to stop sending transactions because we won’t make a profit from purchased coins, especially on Uniswap. If we don’t need to send a transaction, it makes much more send to avoid it and wait for cheaper fees.
But avoiding transactions shouldn’t be an issue for a well working platform. It is not how Blockchain should work. Ethereum has huge issues and it needs to be solved from Ethereum developers.
If it’s not gonna solved soon, we will see coins rising providing a better, cheaper and faster platform, where everyone can use it again and don’t suffer from high fees.
Many projects are building own solutions currently, to address expensive Ethereum’s weakness. It is quite hard to get an overview.
Here is my ranking list for coins if a coin has a chance to overtake Ethereum, which one would it be:
1. Avalanche. Avalanche is completely different from existing projects and experts have given Avalanche a high chance to be a big game changer for Blockchain and mainstream adoption because of interoperability, great decentralization and scalability in addition to low transaction fees. Avalanche was reviewed by SEQ and received a positive rating: https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656
2. Tezos. Tezos has been developed diligently be Tezos devs. It’s a solid, but very undervalued project. Tezos was reviewed by Blockgeeks and received a positive rating: https://blockgeeks.com/guides/what-is-tezos/
3. IOTA. IOTA has been a leading project for innovative approaches but IOTA developers had difficulties to deliever. Currently, IOTA is very undervalued and can be a very wise pick because IOTA has made huge developments recently, like IOTA Chrysalis (IOTA 1.5). IOTA description and analysis: https://medium.com/iotatangle/chrysalis-iota-1-5-phase-1-now-live-on-mainnet-958ec4a4a415
4. Cosmos. Cosmos is a promising project for a scaling blockchain platform. It wasn’t hyped yet because developers are still diligently building. However, experts have some concerns of being too centralized and Cosmos has too high inflation. Cosmos was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/cosmos-an-early-in-depth-analysis-at-the-ecosystem-of-connected-blockchains-part-one-508cd679bac5
5. Waves. Waves is an established network of a next generation Ethereum platform but has failed so far to meet expectations. However, it is a big and experienced developer team and Waves seems to be very undervalued currently.
6. Solana. Solana has started developing under Anatoly Yakovenko’s hatch just recently. It has made big progress and is shilled by prominent YouTubers and marketing figures. Anatoly Yakovenko has developed a good marketing strategy but it remains unclear, if Solana can be a top aspirant for DeFi, because concerns remained, when Anatoly Yakovenko could not respond to critics sufficiently, when he was recently confronted. Solana received an endorsement from Coinbureau: https://www.coinbureau.com/review/solana-sol/
7. Polkadot. Polkadot was invented by Gavin Wood, who developed Ethereum before. Polkadot has already established a big ecosystem and is still growing. But a high inflation, limited scalability and centralisation (dPoS) are issues for Polkadot. Polkadot was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/polkadot-an-early-in-depth-analysis-part-three-limitations-and-issues-d8b0a795a3e
8. Cardano. Cardano has already a very high Marketcap and it’s very likely an overvalued coin. Cardano was started almost 5 years ago from Charles Hoskinson, an abandoned Ethereum developer. Cardano has constantly developed but in addition to a good marketing strategy, it hasn’t achieved a working mainnet platform of contracts, like Ethereum. Release was always pushed back and promised “soon” (you know). Delays are usual for Cardano.
9. Algorand. Algorand was very promising before it started but a bad planned ICO and a huge dump after launch, where VC and rich participants sold, caused a dump from 3$ to 0.20$ and left a huge loss for many members. Wasted opportunity but developers are still building.
Ethereum 2.0 remains superior here because it is not included in my list but we need to see how Ethereum 2.0 will look like. Ethereum 2.0 will be huge, for sure, but until it is live, competitors have a chance of overtaking Ethereum.
What’s your list of potential coins overtaking Ethereum?
But avoiding transactions shouldn’t be an issue for a well working platform. It is not how Blockchain should work. Ethereum has huge issues and it needs to be solved from Ethereum developers.
If it’s not gonna solved soon, we will see coins rising providing a better, cheaper and faster platform, where everyone can use it again and don’t suffer from high fees.
Many projects are building own solutions currently, to address expensive Ethereum’s weakness. It is quite hard to get an overview.
Here is my ranking list for coins if a coin has a chance to overtake Ethereum, which one would it be:
1. Avalanche. Avalanche is completely different from existing projects and experts have given Avalanche a high chance to be a big game changer for Blockchain and mainstream adoption because of interoperability, great decentralization and scalability in addition to low transaction fees. Avalanche was reviewed by SEQ and received a positive rating: https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656
2. Tezos. Tezos has been developed diligently be Tezos devs. It’s a solid, but very undervalued project. Tezos was reviewed by Blockgeeks and received a positive rating: https://blockgeeks.com/guides/what-is-tezos/
3. IOTA. IOTA has been a leading project for innovative approaches but IOTA developers had difficulties to deliever. Currently, IOTA is very undervalued and can be a very wise pick because IOTA has made huge developments recently, like IOTA Chrysalis (IOTA 1.5). IOTA description and analysis: https://medium.com/iotatangle/chrysalis-iota-1-5-phase-1-now-live-on-mainnet-958ec4a4a415
4. Cosmos. Cosmos is a promising project for a scaling blockchain platform. It wasn’t hyped yet because developers are still diligently building. However, experts have some concerns of being too centralized and Cosmos has too high inflation. Cosmos was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/cosmos-an-early-in-depth-analysis-at-the-ecosystem-of-connected-blockchains-part-one-508cd679bac5
5. Waves. Waves is an established network of a next generation Ethereum platform but has failed so far to meet expectations. However, it is a big and experienced developer team and Waves seems to be very undervalued currently.
6. Solana. Solana has started developing under Anatoly Yakovenko’s hatch just recently. It has made big progress and is shilled by prominent YouTubers and marketing figures. Anatoly Yakovenko has developed a good marketing strategy but it remains unclear, if Solana can be a top aspirant for DeFi, because concerns remained, when Anatoly Yakovenko could not respond to critics sufficiently, when he was recently confronted. Solana received an endorsement from Coinbureau: https://www.coinbureau.com/review/solana-sol/
7. Polkadot. Polkadot was invented by Gavin Wood, who developed Ethereum before. Polkadot has already established a big ecosystem and is still growing. But a high inflation, limited scalability and centralisation (dPoS) are issues for Polkadot. Polkadot was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/polkadot-an-early-in-depth-analysis-part-three-limitations-and-issues-d8b0a795a3e
8. Cardano. Cardano has already a very high Marketcap and it’s very likely an overvalued coin. Cardano was started almost 5 years ago from Charles Hoskinson, an abandoned Ethereum developer. Cardano has constantly developed but in addition to a good marketing strategy, it hasn’t achieved a working mainnet platform of contracts, like Ethereum. Release was always pushed back and promised “soon” (you know). Delays are usual for Cardano.
9. Algorand. Algorand was very promising before it started but a bad planned ICO and a huge dump after launch, where VC and rich participants sold, caused a dump from 3$ to 0.20$ and left a huge loss for many members. Wasted opportunity but developers are still building.
Ethereum 2.0 remains superior here because it is not included in my list but we need to see how Ethereum 2.0 will look like. Ethereum 2.0 will be huge, for sure, but until it is live, competitors have a chance of overtaking Ethereum.
What’s your list of potential coins overtaking Ethereum?
Until now, there is no altcoin that has the opportunity to compete with ETH, but in the future we don't know which Altcoin is superior to ETHEREUM ??
But my prediction Polkadot will be very superior. Judging from the experience of developer Gavin Wood, and the one who has a great chance to overtake Ethereum is polkadot.
March 09, 2021, 04:39:45 PM
Tron (TRX)
I have done smart contract with it, work smoothly, almost no fees, supported on any platforms with a lot of choices of wallets.
Also they support Solidity so moving from Ethereum is very simple. Like USDT did.
I have done smart contract with it, work smoothly, almost no fees, supported on any platforms with a lot of choices of wallets.
Also they support Solidity so moving from Ethereum is very simple. Like USDT did.
March 09, 2021, 04:36:55 PM
I think none in the list could overtake ETH in the long run, BNB IMO has the biggest chance to overtake ETH as it's proving to be a worthy investment since it's already at the top 3 ranking and I think it will stay on this rank for a while until there's a big update that will be announce that might bring BNB at the number 2. Problem with ETH is that their development is kinda delayed but BNB is always on track.
March 09, 2021, 04:27:01 PM
For me Avalanche and BNB has the capabilities to overtake or overpower ethereum but small amout of chance as of now because ethereum are very unpredictable and continuously soaring high as of the moment. Maybe for the next few years if those coins has some huge progress when it comes to market performance and stability.
March 09, 2021, 03:59:00 PM
A few coins previously referenced in your rundown
however I kinda feel inquisitive to see that for what reason didn't you list binance or your rundown
Does decentralization of binance turns into your fundamental worry to reject binance from your rundown.I see that if binance has a ton of potential and I see there are just a few coins that can rival ethereum very much like ADA and binance.
however I kinda feel inquisitive to see that for what reason didn't you list binance or your rundown
Does decentralization of binance turns into your fundamental worry to reject binance from your rundown.I see that if binance has a ton of potential and I see there are just a few coins that can rival ethereum very much like ADA and binance.
March 07, 2021, 12:33:54 AM
What happens when ethereum update its prices ? people will leave binance
March 07, 2021, 12:26:23 AM
Yes, now it is very difficult to determine which coin will replace Ethereum. But the main problem for users is to avoid large commissions and also to quickly pass transactions. And the main competitor may be the Binanc Coin, since this coin is made according to the ERC-20 standard. And now it is very noticeable how the coin is gaining momentum in trading and, accordingly, the coin is being sold in price. So in the near future, the leaders of the coins may change significantly on the cryptocurrency market. And in order to buy and invest in Binanc Coin, you just need to use the Binanc exchange.
March 06, 2021, 10:24:00 AM
The most exited another altcoin to take over ethereum is BSC and Polkadot. Why ? Because manu developer already build on BSC and polkadot. Look at coinmarketcap. And i choose number 1 will take ethereum is BSC because it is also using solidity so ethereum developer will change the network faster. And there will be big and optimis project on BSC, its XSL Labs project using BSC now.
March 06, 2021, 09:51:09 AM
None. I don't get why people want the next "Ethereum killer"? Is it because you got in too late into ETH?
Guys, ETH was at 80 bucks only a few months ago!
I thought it was just an assumption. Ethereum's strength to date is still the best. other altcoins I don't think anyone has reached yet. I'm not sure anyone will ever be able to replace ETH's current position. Even for BNB which is currently popular, I believe it will still take a long time for BNB to be equal to ETH. Guys, ETH was at 80 bucks only a few months ago!
March 06, 2021, 09:37:35 AM
None. I don't get why people want the next "Ethereum killer"? Is it because you got in too late into ETH?
Guys, ETH was at 80 bucks only a few months ago!
Guys, ETH was at 80 bucks only a few months ago!
March 06, 2021, 09:29:07 AM
You missed BNB, because we all agree that the potential for BNB is huge to become a high competitor for Ethereum. For a simple example, when Ethereum shipping costs were not friendly, BNB was present, and more sensitive offered us a tantalizing offer. In short, BNB is like saying "we provide low fees so let's wait let alone leave Ethereum"
March 06, 2021, 09:19:57 AM
From that list Polkadot Have higher Chance to overtake Ethereum, Yes it's still have tons of bug but still it have an great Concept with Solid Team & Community. Beside that Cardano was also good, Too many delay but still also have good development, Not on the List, BSC even it's limited with only small Validators and Centralized but still good for alternative especially on some DeFi Platform. I also heard about Avalance but not really understand about it for now, Maybe will read it later.
March 06, 2021, 07:42:57 AM
Ethereum 2.0 remains superior here because it is not included in my list but we need to see how Ethereum 2.0 will look like. Ethereum 2.0 will be huge, for sure, but until it is live, competitors have a chance of overtaking Ethereum.
What’s your list of potential coins overtaking Ethereum?
I think the news of Ethereum 2.0 being around the corner makes it quite impossible for all these coins to be able to overtake it. When it comes to the altcoins world, Ethereum is in a position like Bitcoin is in the cryptocurrency market; it has this advantage of being the first and popular, and that makes it very hard for any other coin to be able to overtake the coin.What’s your list of potential coins overtaking Ethereum?
But anyway, if I am to choose any coin that should do that, it’s definitely going to be Avalanche for me, but this coin is in a position that is very far from accomplishing that, so I would go for Cardano and Polkadot; Cardano is currently at the third position as of writing this, with a market cap of $37 billion.
March 06, 2021, 06:31:37 AM
for now i think binance coin and cardano has a chance to overtake ethereum,
especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
I'm also very positive with Cardano...especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
I was excited when the CEO of ADA said that the ADA fork would give users the opportunity to create their own tokens, it meant that ETH's rivals were growing. besides that I am also very positive about the growth of BSC, the opportunity to shift eth is very big.
March 05, 2021, 04:00:39 PM
for now i think binance coin and cardano has a chance to overtake ethereum,
especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
Now I think only a single has a higher chance, which is Binance coin. But Binance blockchain transaction cost must be lower than now. Although after the next hardfork of Ethereum, any other coin can't be replaced by Ethereum. The gas limit per block is 25 million, which will double from now. especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
March 05, 2021, 03:03:31 PM
If we are you be realistic i think of all the projects that's have listed here, only polkadot has a realistic chance of competing closely with ethereum. And that is because ethereum is still king of Blockchain and smart contract projects.
However polkadot has a good chance to dominate the DeFi projects space. If it reaches its full potential with Defi projects, polkadot can come really close to ethereum in its level of adopted use cases.
However polkadot has a good chance to dominate the DeFi projects space. If it reaches its full potential with Defi projects, polkadot can come really close to ethereum in its level of adopted use cases.
March 05, 2021, 01:35:26 PM
In the crypto market it is normal for a new top coin to arrive, leaving behind a top coin. ETH is currently a strong top coin in the market, so it will not be an easy task to overtake eth.
However, it is natural that there will be competition in the market and better projects will come to the market.
I think there are a few coins on the market right now that can compete with eth. Those are ADA, DOT, BNB, I will give more priority to these projects to see the next top coins.
However, it is natural that there will be competition in the market and better projects will come to the market.
I think there are a few coins on the market right now that can compete with eth. Those are ADA, DOT, BNB, I will give more priority to these projects to see the next top coins.
March 05, 2021, 01:23:47 PM
for now i think binance coin and cardano has a chance to overtake ethereum,
especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
It's theoretically impossible to outperform Ethereum because of the massive number of tokens being made on the ETH blockchain but if there is any coin that can do it, it has to be BNB like you said. That's because the Binance chain is being actively used for new projects apart from that maybe DOT has a chance or ADA if they can continue gaining interest from investors and traders.especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards
It would be bnb since binance is growing so rapidly it affect their coin greatly but other than that it's gonna be polkadot, why? because this coin has been discussed frequently among people and people out there who don't really know that deeply about crypto some of them already know coin like polkadot but maybe thats just around my circle.
For sure, DOT is being touted as the next big coin but I am not sure if it can actually take over Ethereum because there are just too many projects being made on ETH and I don't think any coin can have that many projects built on them, no matter which coin it is. Jump to: