Topic: If an Altcoin has a chance to overtake Ethereum, which one would it be? - page 2. (Read 499 times)

Some coins already mentioned in your list but I kinda feel curious to see that why didn't you list binance or your list? Does decentralization of binance becomes your main concern to exclude binance from your list?

ETH is the top altcoin but of course competition on this market are increasing as well so there’s a chance that one day, we’ll see a new coins on the top position. Based on the list, only ADA and DOT has the chance to take over but if you’re going to add BNB on the list, then I’ll go for BNB. Anyway, i’m sure that ETH will also grow together with those good projects so it will be hard for them to beat ETH, only time can tell for this one.

Nice summary!

Two projects: Waves and NEM (soon to be renamed to SYMBOL). From a technical point of view, these are the projects that can hold a candle to Ethereum without the disadvantages (high fees for instance).

In the second row I would then see Cardano (especially with the scientific aspect) and to some extent Solana.

Should IOTA be able to keep its promise with the Coordicide in the next few months, then the list is done anyway. Then IOTA is clearly better than Ethereum. However, the project is currently still suffering from its not that great decentralization solution.

I wonder why hardly anyone lists Neo and EOS anymore. I've been saying for years that these are completely overrated projects from a technology point of view and now it seems many have realized this, too.

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?

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 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?

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

in past i thought it was Litecoin but i failed because of the greedy owner.

That is just the fact, ethereum is old and people like th embrwce such more but not in all cases, litecoin, EOS and many were old and yet overtaken by polkadot, so it depends. But I just see about ethereum is the DeFi and that people tend to investore in it. This will make it more even difficult to be overtaken by any other coin. Also, the gap between ethereum and the second strongest altcoin is very far and clear, this making their chances for such possibility of any other altcoin overtaken ethereum to reduce.

Polkadot and Avalanche has a better chance to become a better version of ethereum but there is one thing that is very clear here, ethereum is oldy and these two projects are new comers, it's juts like saying bitcoin is oldy but we have better bitcoin wannabes, isn't it? So why haven't any defected bitcoin still? No matter what new projects brings or Introduced old projects will still always be on top

I'm seeing the following:

1. Avalanche
2. Solana
3. Polkadot
4. Cardano

This 4 has the potential to overtake Ethereum if Eth2.0 scalability solution will be a disaster. Maybe most of the projects are going to switch in on of those 4 in the future. All of them has also a solid leader behind, just like Ethereum, so most likely down the line in the next 2-3 years we will see one of them seriously challenging Ethereum.