Topic: Is Polkadot going to Kill Ethereum? - page 3. (Read 2646 times)

I really don't think it will kill ETH, but maybe also help it out because there are many projects like this that are using Polkadot. It's like building out other option for projects

We don't need to rush to evaluate and compare these two coins just yet. It is necessary to wait for the Ethereum update or at least three more months until the problem of the high level of transaction fees on the ethereum network is resolved in July. It is not very correct to compare these coins when there are temporary difficulties in ethereum.
After the update within the framework of Ethereum 2.0, it will already be a completely different coin, with improved characteristics, and then it will be possible to compare it with others.

What you said is true, polkadot was ranked 3rd in market cap a few weeks ago, but it didn't last long.
Polkadot has extraordinary technology and also low transaction fees, this is the reason many people assume Polkadot will kill ethereum, but I see that Polkadot's vision and mission is not to kill ethereum, but rather want to be another version that is more perfect than ethereum.

Now, Polkadot becomes higher and higher again because Binance supports this.
However, will it really kill Ethereum? I think it needs more time to ensure about this. Moreover because of the very high fee needed for the Ethereum or ERC20 transaction fees. Polkadot may become another choice for new projects to set their token on the ecosystem.
However, will it be able to kill?
I am still doubtful about his. It needs something bigger from Polkadot to defeat the ETH platform that has become the first platform used. Maybe, Polkadot is like NEO or EOS at that time that was predicted to defeat or compete with Etehreum but in fact, they cannot.

It is now 390.
And it is now
https://dappradar.com/blog/introducing-the-polkadot-blockchain

polka-dotted issue will kill ethereum it comes up every time. but in fact, currently ethereum is still victorious and above the polka-dots. Trust me, don't raise the issue of polka-dots because it's impossible

I think institutional buyers prefer eth. Also when it comes to selecting blockchain, Ethereum is the preferred one by many established business. Recent Visa moves is manifestation of ethereum's popularity and it's wider acceptance.
No doubt Polkadot is also a good option but it has a long way before it catches you with ethereum.
Eth 2 will further accelerate ethereum adoption.

Cardano is on the 3rd place of capitalization. But how many people know about Cardano or Polcadot? What is the difference between Ethereum and Polcadot. It is good that in press appear the articles that explain the technology and the difference between different coins.

Everything is possible in crypto though, ETH surely have massive market capital as of now even far surpasses those coins that are below #2 but isn't it good if there happens to be competition between ETH and other coin that could compete while having quite close market cap, if that happens we definitely won't see eth blockchain being too overflowed with all the transactions and the upcoming developers who wants to create token some of them could go to ETH's competitior.

Polkadot's rise to the rankings of the sixth largest cryptocurrency occurred as the coin's total market cap was $ 29.7 billion.
As for Polkadot, an operable blockchain network has made a milestone at this time, there is a high probability that this advance may be short-lived.
but still, we will never know until the end, let's hope that both Polkadot and ETH can keep stable and keep rising to the top.

It is too early to predict what the future holds as we have seen many projects coming up but one thing i can give to ETH is the adoption and the number of supporters they have and with all the transaction issues they are facing for years only a handful of projects shifted to other platforms and if majority of project developers plan on shifting to other platforms like we saw with the recent swap of Binance Smart Chain you never know as Cardano is technically a superior project but they are yet to attract big projects and so is the case with many other similar platforms.



 

Dot is not a copy of ethereum like Binance Smart Chain, but it is a blockchain with exceptional compatibility with other blockchains.  That's a typical feature that could explode this year.  The defi trend has helped Dot become flexible and easily capture billions of basic user systems in the market.

More than a year and the famed team is not able to sort the issues on what they started and they are forced to change everything and experiment once again and see how it will go and since you mentioned many alternative coins that have superior technology in my opinion i am expecting those to come to the forefront in the future if the misery of ETH continues.

polkadot team had amazing job lately and very strong competitor, that's for sure . competition is always beneficial. Also, bsc network is trying to compete ethereum. When the 2.0 update launches, ethereum will show it's power and will keep the leadership.

At first I believe that there is no altcoins can kill ethereum but with the problem of the gas fee of ethereum right now I changed my mind. Possible there is an altcoins that can kill ethereum if this gas fee is still high in the future. Maybe polkadot or cardano these are strongly competes of ethereum.

I don't think Polkadot will kill Ethereum. Although Polkadot has gained a lot of popularity in a short period of time, there is still a long way to go to kill Ethereum. And until then it will survive or disappear, only time will tell.
Ethereum, on the other hand, has been tested for many years. People trust this coin so much. When ethereum's new technology ETH 2.0 fully launched, I think it will go one step further.

Said it right! but most are just for hyping another project, they are bringing known project and try to speculate.

Nothing has been proven yet in terms of surpassing the success of ETH, though there's certain venue that Dot can get some more attentions than

other projects, but likewise, lets talk when there's already proof that the project do the best.

I don't think Ethereum will become replaced by another smart contract platform in the future. The team is working hard on the Ethereum project delivering innovation as usual. It's just that ETH is advancing at a slow and steady pace in order to remain as secure, stable, and decentralized as possible. Things will become better for ETH once the 2.0 upgrade goes full speed ahead. Polkadot, Cardano, and Binance Smart Chain won't be able to compete with Ethereum, since they lack mainstream adoption. Ethereum has the largest share of dApps and tokens on the industry, even with high fees and slow transaction confirmation times in play. It's hard to imagine Polkadot replacing Ethereum anytime soon.

Nonetheless, it's best for Polkadot and other projects to work together in order to make crypto land a better place. They complement Ethereum when the network becomes extremely congested. ETH is and will always be the "King of Smart Contracts" no matter what. Polkadot is a good project but it doesn't come near as close as Ethereum in terms of security/reliability and mainstream adoption. Time will tell us whenever Polkadot will last for long or fade into oblivion as a failed experiment. I'm sure it'll do fine in the long run as it's backed by prominent developers in the industry. Just my opinion

you know people, they always want to kill something. lol
but should be realistic with things here. yes, polkadot is a very promising platform, but their services is not yet proven to be adopted by so many projects. lets talk when even half of the number of projects are going to dot and not in eth platform.
i just remember, a lot of coins wanted to kill BTC. but who was killed first? 

Polkadot cannot kill ethereum, rather i think it will provide the much needed competition in the DeFi space of the cryptocurrency markets.
Polkadot is a platform for creating complex Defi projects which can reasonable provide a high level of finance on-chain for crypto users.

Ethereum on the other hand will continue to be the goto platform for the development of new smart contract projects

The possibility is always there but I think it is too early for DOT in this market. ETH has been the go-to of a lot of projects for years. And once ETH team deployed their phase 1 of eth 2.0, things may change for the better. We will see their performance this year if their developments has improvement on their gas efficiencies. Because if gas fee is not addressed this year, more than likely people will really go to other networks like DOT or BSC.