We do not know what will happen in the future, it is possible that ethereum will be displaced by Polkadot...
the development of Polkadot is very fast and it makes predictions like this one appear. I don't really hate Eth, it's just that until now there has been no serious resolution about gas fees, even eth 2.0 is still an issue.
Topic: Is Polkadot going to Kill Ethereum? - page 4. (Read 2658 times)
I think that it is necessary to evaluate competitive projects for Ethereum not according to current indicators, but according to their capabilities in the future. Polkadot, Cardano, BNB are very promising projects, with powerful capabilities and a solid base. They all have the potential to catch up with Ethereum in terms of technical performance.
But you need to remember that the Ethereum team is also strong enough to prevent the collapse of ETH. And now it is still very early to draw any conclusions. It seems to me that none of the listed coins have a goal to kill ETH.
But you need to remember that the Ethereum team is also strong enough to prevent the collapse of ETH. And now it is still very early to draw any conclusions. It seems to me that none of the listed coins have a goal to kill ETH.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Polkadot is a good competitor for ETH. However, currently BNB is in the spotlight to replace ETH if Ethereum 2.0 will not solve the high gas fees which is one of the main reasons why most investors are avoiding ethereum platforms. Some projects have switched to the different platform due to its high fees. ADA, BNB, DOT has a lot of potentials, ETH will soon lose its spot if they don't fix the high gas fees.
ethereum has discussed the handling of transaction cost issues which they say will be resolved by the middle of this year. polkadot is indeed a tough competitor but there are still ADA and BNB as you mentioned. both have more potential. But polkadot are not going to kill the ethereum market or community.It seems the #1 and #2 position almost always belong to BTC and ETH tbh, the gaps of market cap too wide.
ethereum has discussed the handling of transaction cost issues which they say will be resolved by the middle of this year. polkadot is indeed a tough competitor but there are still ADA and BNB as you mentioned. both have more potential. But polkadot are not going to kill the ethereum market or community.
Out of all these coins, I believe that Cardano (ADA) is the most technically advanced one. The developers are working hard to resolve various issues, and they have been successful to a certain extent. Ethereum is a second generation cryptocurrency, and it will become obsolete within the next few years, and will be replaced by various third generation cryptos. The extremely high fee will make sure that the shift occurs soon.
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
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.
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.
Hopefully that will happen, polkadot will continue to grow and be able to compete in the market and dominate at a good price. but we need to know together that Ethereum will not be defeated by any Altcoin. Ethereum will still be the 2nd digital currency after Bitcoin
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
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.
I feel happy amd proud that market is coming up with quality solutions just like polka dot last year and it was highly needed because it aims to solve all the inefficacies and hurdles in the market that were kind of a hurdle in the mass adoption of cryptocurrencies likewise all other cryptocoins are also working on their blockchains to meet the high future demands so hopefully this year will be remembered as the year of crypto adoption and boom. 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's not designed to be an Ethereum killer. Gavin Wood himself stated that Polkadot is designed to work in parallel and be complimentary to ethereum and co-exist with each others.
Exactly. Polkadot was never meant to be a replacement of Ethereum. Eventually, people will realize that it's not about fast transaction confirmation times or cheap fees. It's all about decentralization and censorship-resistance for applications to run as intended leaving the middleman out of the system. As I've said many times, no other smart contract platform can outmatch Ethereum in terms of security, reliability, and censorship-resistance. Decentralization is what distinguishes Ethereum from the rest of its competitors on the market. Don't get me wrong though, Polkadot is a very good project with huge potential of making crypto land a better place. It's just that Ethereum has an unbeatable ecosystem of dApps, tokens, and services behind it. Most developers build on ETH, because of its widespread community support in the mainstream world. Other platforms are fairly new to the scene and widely untested for serious applications.
Nonetheless, I believe that Polkadot will become another "nail in the coffin". Just like EOS was once hailed to be the "Ethereum Killer" but eventually failed, the same thing will happen with Polkadot, Binance Smart Chain, and others. But who knows? In crypto land, anything can happen. The odds of replacing Ethereum are very slim. But if it does happen, expect many mainstream crypto projects to switch from ETH to DOT leaving the former in the dust. Just my thoughts
Polkadot is a good competitor for ETH. However, currently BNB is in the spotlight to replace ETH if Ethereum 2.0 will not solve the high gas fees which is one of the main reasons why most investors are avoiding ethereum platforms. Some projects have switched to the different platform due to its high fees. ADA, BNB, DOT has a lot of potentials, ETH will soon lose its spot if they don't fix the high gas fees.
ethereum has discussed the handling of transaction cost issues which they say will be resolved by the middle of this year. polkadot is indeed a tough competitor but there are still ADA and BNB as you mentioned. both have more potential. But polkadot are not going to kill the ethereum market or community.
Polkadot is a good competitor for ETH. However, currently BNB is in the spotlight to replace ETH if Ethereum 2.0 will not solve the high gas fees which is one of the main reasons why most investors are avoiding ethereum platforms. Some projects have switched to the different platform due to its high fees. ADA, BNB, DOT has a lot of potentials, ETH will soon lose its spot if they don't fix the high gas fees.
Such huge commissions can really turn everything against ethereum, especially until Ethereum 2.0 comes out, the Dot in theory has time to kill ethereum
Ethereum do not just take the second for position, it is the most robust ecosysytem in the space and will take more than what Polkadot is doing to dethrone Ethereum, the scaling issue is a big threat to Ethereum for now but there are a lot of L2 solutions coming to the market that will help to alleviate the gas price issues when Dapps starts deploying them, just imagine Uniswap and Sushi move to L2 the gas price will plummet instantly because these 2 are great user of the Ethereum resources. Polkadot is a good tech but need to deliver not just the hype
It takes time, I agree with your statement ETH didn't went up there doing nothing, but by providing useful services where developers enjoyed and really take advanatages of all those available offers.
High fees might turned things against ETH but there's always solutions coming from the team and they'll address it out in order to provide the service with much cheaper possible gas fees.
If Polkadot aimed to dethrone ETH they needed to be more competitive not just hyping but to gather real support
from business side and investors eyes.
Ethereum is one altcoin that has a large community and many other altcoin project are still working under the Ethereum today. BNB and DOT are competitors and no one know what the future of these altcoin will be like. But I still firmly believe those two altcoin won't kill Ethereum for a long time, but it could still happen if Ethereum fail to fix the fee problem.
There have been many who have tried to compete with the ethereum platform, but many of them have not succeeded because the ethereum platform has been used by thousands of alcoint which are currently circulating on various exchange markets and there are many more alcoint projects that are being built using the ethereum platform ... maybe it could surpass ethereum but not for the resilience and popularity of the ethereum platform which nowadays every cryptocurency user must have.
All the altcoin on the market today especially the top 10 altcoin are Ethereum's competitors to be the best. Although someday there will be altcoin that can beat ethereum's current market capitalization, but in term of usability, I think Ethereum is still superior.
It's not designed to be an Ethereum killer. Gavin Wood himself stated that Polkadot is designed to work in parallel and be complimentary to ethereum and co-exist with each others.
I think it's more possible that Cardano can come close to ETH. As for ETH 2.0 it will need some time to do it. Cardano has done same for like couple of years so I don't think ETH can do it so fast.
Ah .. Cardano fan
Since its launch, Cardano has often claimed to be the Ethereum killer.
Even though the development of Cardano has been good so far, they still rank below Eth.
When Ethereum's planned upgrade was successful, improvements Proof of Stake, Plasma, and Sharding.
The other smart contract platforms like Cardano might quickly become irrelevant.
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
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.
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.
First of all i am not agree that DOT will beat ETH as lots of projects finished and runing with ETH or ETH blockchain. Yea as a new in market DOT has explore too much as its function and blockchain system is very good but we have to bear in mind that ETH 2.0 has came side by side of ETH. So day by day they will also upgrade their system and ETH will be more faster. So I think after BTC will be carry number one altcoin in market.
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
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.
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.
First of all i am not agree that DOT will beat ETH as lots of projects finished and runing with ETH or ETH blockchain. Yea as a new in market DOT has explore too much as its function and blockchain system is very good but we have to bear in mind that ETH 2.0 has came side by side of ETH. So day by day they will also upgrade their system and ETH will be more faster. So I think after BTC will be carry number one altcoin in market.
Ethereum do not just take the second for position, it is the most robust ecosysytem in the space and will take more than what Polkadot is doing to dethrone Ethereum, the scaling issue is a big threat to Ethereum for now but there are a lot of L2 solutions coming to the market that will help to alleviate the gas price issues when Dapps starts deploying them, just imagine Uniswap and Sushi move to L2 the gas price will plummet instantly because these 2 are great user of the Ethereum resources. Polkadot is a good tech but need to deliver not just the hype
hmm not only Polkadot which is a close competitor Ethereum, but there are still some other top altcoin like BNB and can even also for altcoin out there can be a killer Ethereum, but I think it will not happen in the near future. ethereum still dominates the second rank based on market capitalization CMC.
Traders get used to Ethereum as the most wild-popular and trusted cryptocurrency after BTC, as well as project developers get used to create their new projects on ETH Blockchain. That is the one of the reasons why BNB is not a competitor to ETH. As for Polkadot, it's a very promising crypto on very attractively constructed Blockchain but we still need time to see if it will gain such popularity as ETH Blockchain.
idont think so its defend on chart bro . may be polkadot can kill ethereum killer or maybe bnb can be a ethereum killer , but for me its better to hold polkadot now soon it will be a greate high price in comming years hold polkadot
We don't know and can make sure 100% that it is true depending on the market that will determine it later than that at least we see BNB is in position 3 marketcap, which indicates BNB is the closest to ETH even though the difference is still too far for now but if the market is binance smart chain continues to increase, the price of BNB will continue to rise.
I don't understand why binance is here and its pricing policy. As for me, DOT is a very interesting project with a good future. There may be corrections in the market, there is nothing without them, but in the long dot it will definitely be better than ether and this will affect its price. Jump to: