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Topic: Is Polkadot going to Kill Ethereum? - page 14. (Read 2658 times)

hero member
Activity: 1498
Merit: 537
December 11, 2020, 05:33:39 AM
#30
When Tron, Neo, Eos came many people said that they will replace eth very soon. BTC is the father of cryptocurrency and ETH is the mother of all cryptocurrency. Other projects can co-exist but can not replace each other so easily. Polkadot and eth both networks are developing and evolving so they will co-exist too. If eth dev stops developing that project only then the ETH network will be replaced by some other project In the future which is not so easily going to happen.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 11, 2020, 05:24:33 AM
#29
Is Polkadot going to Kill Ethereum?
I don't know why people are saying this.
I’ve been with cryptocurrency for over four years, I also know fairly well about the market, so I’m saying from my experience it’s never possible.
Yes, if you look at it there is a possibility, because all Altcoins that are already popular in the market are always competing with one another, but to beat Ethereum which is really strong in general, it will be very difficult for Polkadot to achieve.

You are absolutely right that it wont be easy to beat Ethereum as it is a big name in crypto industry. We all know that Nokia was a big name in Cell phones Industry 10 years ago and now nobody talks about it. We are living in a very  competitive environment where fittest will survive. Polka dot is offering same  what Ethereum offers ( Create smart contracts) but at very low cost. The exponential growth in Gas and transaction fees on Ethereum network are forcing customers to find another alternative. Business is all about cost of doing Business and quality of product. Polka dot network has better features at competitive price so obviously it will attract customers.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 11, 2020, 04:10:07 AM
#28
Most of the cryptocurrency users haven't even heard about Polkadot. And the OP is claiming that it is going to kill Ethereum. The biggest strength for Ethereum is not its technology. On the other hand, its biggest plus point is its acceptability. Even now, more than 90% of the new tokens are being created in the ERC-20 platform. None of the other platforms can even come close.
even I, just realized that there is a coin called polka dots. well, I don't know what business this coin is in, but its position is currently rank 9 in CMC. Even so, I think there is still a long way to go for this coin to replace Ethereum's position. in fact, for coins that are close to ethereum, it is still quite difficult to replace ethereum's current position. Are you sure that the function of polka-dots can exceed people's needs for ethereum ? Personally, I don't think polkadot will replace ethereum for now.

Very well said. Ethereum is a big name in Crypto space and Polka dot will not replace it in a month or two, it will take time but the progress it has made during the past months is very impressive. Its supply is not unlimited like Ethereum and its network has better features. The main utility of Ethereum network is to create smart contracts but Gas and transactions fees have increased exponentially during the past months. This is one of the reasons Polka dot is attracting new businesses.
sr. member
Activity: 1274
Merit: 337
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December 11, 2020, 04:05:58 AM
#27
Is Polkadot going to Kill Ethereum?
I don't know why people are saying this.
I’ve been with cryptocurrency for over four years, I also know fairly well about the market, so I’m saying from my experience it’s never possible.
Yes, if you look at it there is a possibility, because all Altcoins that are already popular in the market are always competing with one another, but to beat Ethereum which is really strong in general, it will be very difficult for Polkadot to achieve.
full member
Activity: 1024
Merit: 100
December 11, 2020, 03:54:24 AM
#26
The ethereum community is too big so it is difficult for Polkadot to compete with ethereum. There have been many projects that have been tried but in the end ethereum is still the best. Maybe in terms of features Polkadot can be said to be able to beat ethereum, but in terms of fans and the amount of support ethereum is still unbeatable. until whenever Polkadot can only be an alternative choice, and will not be number one.
full member
Activity: 573
Merit: 105
December 11, 2020, 03:23:31 AM
#25
There are no projects right now that can kill ETH or BTC, you should just accept it
sr. member
Activity: 396
Merit: 250
December 11, 2020, 02:58:11 AM
#24
IMO not kill it, but cause some disturbance in force for sure. I like polka, hold some and gain nice profit on it.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 11, 2020, 02:52:33 AM
#23
Most of the cryptocurrency users haven't even heard about Polkadot. And the OP is claiming that it is going to kill Ethereum. The biggest strength for Ethereum is not its technology. On the other hand, its biggest plus point is its acceptability. Even now, more than 90% of the new tokens are being created in the ERC-20 platform. None of the other platforms can even come close.
even I, just realized that there is a coin called polka dots. well, I don't know what business this coin is in, but its position is currently rank 9 in CMC. Even so, I think there is still a long way to go for this coin to replace Ethereum's position. in fact, for coins that are close to ethereum, it is still quite difficult to replace ethereum's current position. Are you sure that the function of polka-dots can exceed people's needs for ethereum ? Personally, I don't think polkadot will replace ethereum for now.
legendary
Activity: 2128
Merit: 1775
December 11, 2020, 02:42:30 AM
#22
How, you have thoughts about Polkadot (DOT) can compete with Ethereum what else kills Ethereum, this is very AFAIK and your mind is too narrow in assessing Polkadot coins with Ethereum.
very far, if you want to say the comparison of Polkadot and Ethereum, also in terms of price and Total Supply are also very different from both and also developments in the market.
It doesn't come to mind that Polkadot can compete with Ethereum if you compare EOS with Polkadot, maybe, yes they have competition in the market.

But for Polkadot & Ethereum like Saltwater with Fresh Water.
legendary
Activity: 3766
Merit: 1217
December 11, 2020, 12:39:57 AM
#21
Most of the cryptocurrency users haven't even heard about Polkadot. And the OP is claiming that it is going to kill Ethereum. The biggest strength for Ethereum is not its technology. On the other hand, its biggest plus point is its acceptability. Even now, more than 90% of the new tokens are being created in the ERC-20 platform. None of the other platforms can even come close.
member
Activity: 99
Merit: 10
December 10, 2020, 11:19:02 PM
#20
Is Polkadot going to Kill Ethereum?
I don't know why people are saying this.
I’ve been with cryptocurrency for over four years, I also know fairly well about the market, so I’m saying from my experience it’s never possible.
member
Activity: 238
Merit: 15
December 10, 2020, 10:56:18 PM
#19
To most issues of Ethereum, Polkadot doesn't have a clear solution. Polkadot isn't bad but it can't scale and Parachains are just a emergency solution to split up network load. But Polkadot has good marketing and tons of money to promote Polkadot. Unfortunately, Polkadot didn't secure ICO funds and most funds were lost in a hack or mistake by team.
hero member
Activity: 2366
Merit: 838
December 10, 2020, 10:50:13 PM
#18
Polka dot is an open-sauce project
Open-sourced project, do you mean it?

Quote
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
It is too soon to say about the future of the project that has only 4 months old. Polkadot. It is listed on many exchange and it is good for its volume and price actions but its future is unknown. You need to observe a project after 1 year to see how their developers work, meet their plans, and keep or give up their developmental activities.

The marketcap of Polkadot is $4,174,651,597 USD and Ethereum is $62,251,605,400 USD. Polkadot price has to rise 15 times to reach the marketcap of Ethereum. It looks impossible mission.
hero member
Activity: 1733
Merit: 502
Nada y Tú?
December 10, 2020, 10:37:13 PM
#17
Once reading I found that DOT plans to be one of the top 3 cryptocurrencies, but it still does not show how?

He had plans to be the solution to ETH's high fees and slow network.

But with ETH 2.0 very close, what next?

Those 197 projects, nobody knows what they are about...
legendary
Activity: 2226
Merit: 1086
duelbits.com
December 10, 2020, 06:59:11 PM
#16
Hey mate, how can Polkadot kill Ethereum? By overtaking it on the market? Anyway, I don't think Polkadot is a serious competitor for Ethereum now, it is a new coin. Even Ripple is much better to be counted as a competitor. You must realize that it is still a prediction and Polkadot needs much time to grow to approach Ethereum. Also, overtaking Ethereum doesn't mean killing it. Don't be too much!!
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 10, 2020, 06:54:20 PM
#15
It's crazy as it's more than 5 times i have been seeing the same thread that discussed the possibility for the polkadot to defeat or kill ether. There are a bunch of answers too in the old thread
https://bitcointalk.org/index.php?topic=5274281.20

Just see the fact and you will know what will be happening for sure. It's not possible for DOT to get more than 10x increases for its current price.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
December 10, 2020, 06:03:59 PM
#14
Polkadot project is side chain od ethereum and the founser is co founder of ethereum, is it possible that polkadot kill ethereum ? The use of polkadot also helping ethereum it is created not to compete to each other.
Polkadot and ethereum both created by gavin woods.
Ethereum has a better vision and fundamental. The DOT shillers are promosing this platform so hard but the majority of developers are still choosing ethereum as the platform to be used for tokenization purpose.
I remember when binance shil was also promoting if bitcoin will kill ethereum but there's not a lot of platforms wanna did toknization into the binance platform.
it doesn't make sense to call DOT will ethereum. ADA is a better than DOT.
hero member
Activity: 2366
Merit: 504
December 10, 2020, 05:58:15 PM
#13
Wait until polkadot has as many project as ethereum and including dexes then we'll talk about this topic again. When the market cap gap is still 15 times apart there's just no point of talking whether polkadot gonna kill ethereum or not.
Polkadot's main concern is to make that platform home to many newly created projects becasue that's the only way to boost the demand for polkadot otherwise just forget it. Ethereum has too much project relies on its blockchain at this point and that's gonna be difficult thing to beat.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
December 10, 2020, 05:32:34 PM
#12
Technically Polkadot network is still far from what Ethereum is since the one who created these two is the same person which makes them comparable to each other.

However in terms of popularity and number of investors I doubt that Polkadot could beat the Eth that easy for most investors would rather stay with the one that has already an established foundation instead of trying a new one which could put them into risk for the second time. Due to these reasons, it made me convinced that Polkadot will only become another option instead of being a competitor.
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
December 10, 2020, 04:07:47 PM
#11
Polkadot project is side chain od ethereum and the founser is co founder of ethereum, is it possible that polkadot kill ethereum ? The use of polkadot also helping ethereum it is created not to compete to each other.
Polkadot and ethereum both created by gavin woods.
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