Is Polkadot going to Kill Ethereum? - page 12.

Btc_1856

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Quote from: BDBitcoinExpart on December 15, 2020, 12:26:06 PM

It is very difficult that Polkadot coin will overtake ETH. Polkadot coin good project. Even though it is supplied in large quantities, its price is increasing day by day. Its price is currently trading above $5. A few days ago, the market is in a good position to be listed. Polkadot will not be able to replace eth but will perform better in the future.

What you said is right, the blockchain of Polkadot is improving its standard, but it is not a competition to ETH, ETH features are far better compared to other blockchain. Based on the Defi, the ETH block chain is booming and it will help the ETH coin to increase its price even higher value in the market.

Kong Hey Pakboy

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Polkadot has a similar use case in Ethereum, and its project is auspicious that it has a chance to be on the same level as Ethereum. But I don't think it can replace Ethereum because even though many people are having problems paying the gas fees, Ethereum will remain the top altcoins in the crypto market due to its popularity and platform.

Zemomtum

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Nothing can kill Ethereum, the sky is wide enough. Where is NEO and EOS they labeled Ethreum killers in the year 2017? They are presently struggling and new projects are overshadowing them. Nothing can kill ETH nor BTC

bandungan

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Quote from: Bitstar_coin on December 15, 2020, 08:16:21 AM

I don't understand kill in this essence! does he mean kill as in wiping eth off the surface of the crypto space or kill as-in people stop using the network and shifting to using polkadot?
no doubt polkadot is an amazing project but in other for it to be able to take ether's place polkadot has to really work hard and have enough project using the blockchain just like eth is been used plus all other features eth is offering,
90% of new project are using eth blockchain there is a reason for that.

This is just speculation in my opinion, it has been proven that many platforms have always been rumored to kill Eth but nothing has been proven until now. because eth is the most powerful platform and always needed in crypto

MCobian

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I admit that Polkadot is a good project, to be in the top 10 projects is not easy. But Polkadot can be in number 9 as the best
coins is an extraordinary achievement, because for new projects like Polkadot being able to compete with old projects is
an extraordinary thing. It's no wonder many are predicting Polkadot will kill Ethereum, but I don't think it will happen any time soon.
Because Ethereum is too tough and more popular than Polkadot, even most of the projects currently circulating use the Ethereum
blockchain network.

coinsolidation.org

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Hi,

No, I do not think so. Each one has its place.

Polkadot is a multi-chain framework that supports interoperability between very different chains with various properties, including encrypted proof of authority chains suitable for internal business networks.

Ethereum's strong suit is smart contracts.

So I think everyone has their own.

Regards,

Dhoe

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Quote from: Bitstar_coin on December 15, 2020, 08:16:21 AM

I don't understand kill in this essence! does he mean kill as in wiping eth off the surface of the crypto space or kill as-in people stop using the network and shifting to using polkadot?
no doubt polkadot is an amazing project but in other for it to be able to take ether's place polkadot has to really work hard and have enough project using the blockchain just like eth is been used plus all other features eth is offering,
90% of new project are using eth blockchain there is a reason for that.

I thought the OP meant killing in sense that people would use Polkadot and leave Ethereum, and I think that's impossible, people will continue to use Ethereum because Ethereum is more trusted in the Crypto space than Polkadot, where still young for now.

paglarhat

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No, in my opinion it is never possible.
I don't know why some people think Polkadot is the killer of Ethereum which I don't believe.
Because Ethereum is the king of altcoins.
Most cryptocurrencies are made in the Ethereum blockchain.

Sayeds56

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Quote from: Argoo on December 15, 2020, 11:52:59 AM

Quote from: Sayeds56 on December 10, 2020, 03:02:49 PM

Quote from: jacafbiz on December 10, 2020, 02:36:40 PM

I am just looking at the project on Polkadot, the quality of projects on Polkadot is more important to me than Polkadot platform itself, look at all the Ethereum Killers in the space, starting from EOS, Tezos, Cosmos etc all have failed to attract good projects on their platform and these Dapps are what help drive up exposure to the blockchain

Well said. Without going into much Technical details, Polka dot is very young altcoin and was listed on Binance exchange few months back , In this very short period the value of DOT has soared more than 100%. What is more fascinating about Polka dot that Trading volume has grown exponentially.

As a rule, projects that rise quickly and their tokens quickly grow in value also quickly then fall. Therefore, such statements should not be taken seriously. Even if this project turns out to be successful, it will not threaten the ethereum network with anything serious yet. Good competition is always an incentive for growth and development.

Very well said. Competition is central to the operation of markets, and fosters innovation, productivity and growth, all of which create wealth. The main issue is that users of Ethereum network have to pay huge Gas and Transaction fees that is opening window of opportunity for its competitors. Any network that solves Ethereum network problems before Ethereum Team does then certainly clients of Ethereum will migrate.

BDBitcoinExpart

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It is very difficult that Polkadot coin will overtake ETH. Polkadot coin good project. Even though it is supplied in large quantities, its price is increasing day by day. Its price is currently trading above $5. A few days ago, the market is in a good position to be listed. Polkadot will not be able to replace eth but will perform better in the future.

Argoo

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Quote from: Sayeds56 on December 10, 2020, 03:02:49 PM

Quote from: jacafbiz on December 10, 2020, 02:36:40 PM

I am just looking at the project on Polkadot, the quality of projects on Polkadot is more important to me than Polkadot platform itself, look at all the Ethereum Killers in the space, starting from EOS, Tezos, Cosmos etc all have failed to attract good projects on their platform and these Dapps are what help drive up exposure to the blockchain

Well said. Without going into much Technical details, Polka dot is very young altcoin and was listed on Binance exchange few months back , In this very short period the value of DOT has soared more than 100%. What is more fascinating about Polka dot that Trading volume has grown exponentially.

As a rule, projects that rise quickly and their tokens quickly grow in value also quickly then fall. Therefore, such statements should not be taken seriously. Even if this project turns out to be successful, it will not threaten the ethereum network with anything serious yet. Good competition is always an incentive for growth and development.

Iyeman

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Quote from: nemey on December 15, 2020, 07:52:05 AM

Indeed, I have noticed that Polka dot is moving very well, especially this year. More and more projects are using smart contracts with polka dots, too. But to be able to challenge ethereum, I think polka-dots still need time, it will not happen that fast. And until now Ethereum itself also still exists and is still widely used by many projects in general.

it's not true at all. There would be a lot of projects have joined in the dot ecosystem but this time it's different dude. There are so many new projects still using ethereum for their tokneization.
It's not so hyped like it was being introduced to the public. There are so many parties said that it's quite difficult to use polka.
It's a bit complicated.

Bitstar_coin

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I don't understand kill in this essence! does he mean kill as in wiping eth off the surface of the crypto space or kill as-in people stop using the network and shifting to using polkadot?
no doubt polkadot is an amazing project but in other for it to be able to take ether's place polkadot has to really work hard and have enough project using the blockchain just like eth is been used plus all other features eth is offering,
90% of new project are using eth blockchain there is a reason for that.

GreatArkansas

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For the past few weeks I started to research about Polkadot.
I will not say that it is the Ethereum killer, I rather say Ethereum will say, Polkadot too. What the founder said before on Polkadot goal is some of the Ethereum can't or difficult to achieve, just like the proof-of-stake feature.
Honestly what I am looking forward on Polkadot is for long term. More years, I hold some of Polkadot.

nemey

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Indeed, I have noticed that Polka dot is moving very well, especially this year. More and more projects are using smart contracts with polka dots, too. But to be able to challenge ethereum, I think polka-dots still need time, it will not happen that fast. And until now Ethereum itself also still exists and is still widely used by many projects in general.

rodskee

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I don't think that this coin has capacity and ability to Kill ethereum ,because we can see how this moves for a couple of months and now goes down back to rank number 9.
Ethereum is a established and well trusted platform and even they lose the momentum after the failure of ICO yet there are many projects that using their platform .

So this is not enough to make ethereum died just like that and besides polkadot need to prove their legitimacy first and to be trusted by investors and project developer here in crypto market.

Anonylz

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Clearly the @op is on a dream land Cheesy

i wouldn't want to wake him from his dreams just yet, i don't know what gives the op such confidence that polk will be killing eth, anyways can't stop op from wishing, eth is a well establish project with millions of real users, do you even know the number of projects on the ethereum blockchain!
it will be very hard for polk to compete with that to the point of killing it.

Sayeds56

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Quote from: Tstar on December 12, 2020, 06:42:29 PM

Over the years, I read about many good projects which were going to kill Ether, starting with early ones like EOS, Tron, etc. Yet, Ether is still here, still strong and it's not going anywhere.

DOT will not kill or replace Ether. BUT I believe it will grow at least 2-3x in the next 12 months, which is the reason to hold some.

Well said. We don’t chase the news every day. We don’t constantly move money around between bank accounts, trying to get a percentage point of profit. We’ve got more important things to do.
Ultimately, we move our money to where it can do the most good. When we approach investing in this way, we should move our money where it gets best returns. Polka Dot is the project where we should move money and park it there for long term Huge gains.

Sayeds56

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Quote from: shinratensei_ on December 12, 2020, 10:24:48 PM

Quote from: nikola22 on December 12, 2020, 03:46:00 PM

there were many Ethereum killers but Ethereum is still alive. Polkadot will take its place on the crypto market because it's a good project but Ethereum also shows nice results in new developments.

This is a promotion strategy. When there are some people could a project potentially to be the ethereum killers and it means if those were shilling for it.
History has told us about the truth that will never be changed if ethereum will remain the same.
The only threat for ethereum was ripple and this can't be argued. I have seen that more and more new projects keep doing the same thing over and over again.

Well said. With all respect for your thoughts I strongly believe that " The best system should Win". ETH is not more useful than BTC because some sneaky wheeling and dealing made it so. It's more useful because its features are set to create smart contracts. If a new Network comes out tomorrow that solves major Ethereum issues before ETH does it then it should beat out Ethereum.

Polka dot is building a Blockchain Business. It will be fast, performant and profitable for all parties involved. Its current price around $5 is also very attractive from investment perspective as potentially it can easily go from 2 to 5X when Alts market starts rallying.

shinratensei_

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Quote from: nikola22 on December 12, 2020, 03:46:00 PM

there were many Ethereum killers but Ethereum is still alive. Polkadot will take its place on the crypto market because it's a good project but Ethereum also shows nice results in new developments.

This is a promotion strategy. When there are some people could a project potentially to be the ethereum killers and it means if those were shilling for it.
History has told us about the truth that will never be changed if ethereum will remain the same.
The only threat for ethereum was ripple and this can't be argued. I have seen that more and more new projects keep doing the same thing over and over again.

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