Topic: If an Altcoin has a chance to overtake Ethereum, which one would it be? - page 3. (Read 499 times)

That's pretty interesting but it looks like there are lots of people didn't care anymore about the decentralization. If we can take from what happened with BSC and it seems like the fees could push people to use the centralized blockchain for defi.
Well, I'm very interesting with avax BTW.

There's still no obvious clue of any altconi could overtake Ethereum considering the gap of market cap between the coin but if I'm guess I'd definitely think of any other smart contract altcoins that did the same just like ETH but have their own quirk like maybe BNB though binance actively burning BNB coins so I think it's gonna be hard for them.
Other than that Cardano or Polkadot, these two are the most logical choice as of now to be honest.

I agree with the first statement, that if there is an altcoin capable of surpassing Ethereum, then the candidate will be in the top 10 coins on CoinMarketCap. by far, the closest potential altcoin to ethereum, and of the same amount of function and development is the BSC. up to now there has been quite a lot of talk comparing ethereum and BSC.

After witnessing the rumored and appreciated altcoin horses will overtake ETH like EOS, XLM, ... Also with the XRP trick in 2018, there will be almost no reversal of position.  
ADA is fine but in a state of great supply and overload for a while pumped, it will not be able to sustain in the long run.  
Dot has potential, but future interoperability between other blockchains will be difficult to deliver long-term value independent integrity.  BNB has also been mentioned, but it is difficult to narrow down or any major conversion of users to ETH.  ETH 2.0 is ready for the final stage.  
Therefore, I predict that in the next 5 years there will not be a downturn in ETH despite the majority complaining about gas but I o that it will be resolved significantly when Ethereum 2.0 matures.

Yes, but from some of the tokens you mentioned, I only believe in DOT and BNB tokens in terms of surpassing Ethereum tokens, because both of them are very close to Ethereum and always have good development from day to day.

There are lots of potential Ethereum competitors that has a very high potential to out-perform, out-rank and surpass Ethereum especially in the long run once that they continue to grow and to innovate their platform such as AVAX, EGLD, LINK, DOT and BNB.

With the way things are right now, I am seeing BSC and PolkaDOT to have the best chance to produce the best run and eventually overtake Ethereum. Of course, this depends a lot on how the market will be reacting and if Ethereum will continue to fail on the question of scalability which results into incredibly high gas fees for transactions. Of course, Ethereum is certainly not so easy to kick from its leading position and its developers are working hard day and night for the total implementation of Ethereum 2.0 hopefully to get away from the current problems it is now. Let's see what can be the in the following months.

I have not included Binance in my list because it is too centralized to be considered as a legitimate Blockchain platform to challenge Ethereum. Binance is doing a good marketing and has very high exposure but for a real project to overtake Ethereum, it needs much more because when people do research, why will someone use a cetralized blockchain for DeFi? A good DeFi will decide if a project is sustainable. 

Yes you are right BSC is a bigger competitor, they have already integrated 1inch and this gives a lot of possibilities. I also want to note that Avalanche has huge potential, there is a really small commission and very fast transactions, Avalanche already has a small list of supported tokens, the list of tokens can be found here https://aeb.xyz/#/transfer

I don't think any coin is near to Ethereum value or surpass Ethereum in the upcoming 2-3 years. I believe you missed the Binance. BNB has more chance to match the value of Ethereum in the future as compared to the coins you mentioned but we can expect eth will also rise so it's tough to overtake Ethereum in near future. Gas fee is insane still Ethereum is the top priority coin in altcoins.

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?
I see that if binance has a lot of potential and I see there are only some coins that can compete with ethereum just like ADA and binance.

I will not mention more coins that placed below top 10 CMC consider these coins have no choice to compete against the major coins.

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?