Is there a new blockchain that will compete with Ethereum? - page 12.

Dread Pirate Roberts

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

What people often do to overcome high fees is to use low-fee and fast altcoins. and BSC can cover transactions because of the direct swap system and giving low fees with stable value such "wrapped coin" I personally think that the most appropriate to compete with ETH at this time is BSC. in terms of being useful and helping the fees problem.

nurilham

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I think BSC is competing with Ethereum, right now. Although the popularity of Ethereum is still better, BSC looks to grow very quickly. BSC is developed by the number 1 crypto exchange in the world, no one doubts that it can be a serious competitor for Ethereum. Just wait for the time that BSC can have the same level as Ethereum, or even overtakes it.

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

High gas fees are definitely inconvenient, the London fork was going to reduce the gas fees but honestly speaking have been waiting and I haven't seen any significant decrease in transaction fees just Ethereum burns here and there, I think new blockchains that can take Ethereum's place in the feature are bsc, solana and near Protocol, these three are doing really well, they are becoming the breeding ground for most projects these days, although amongst them near Protocol has the cheapest gas fees ever >$0.01.

So much for the "London Fork" Huh

:

zasad@

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

If we talk about commissions, then there are better projects, for example Tron. But there is nothing to do there

In Ethereum, it is better to use Level 2 Solutions.
It is also worth keeping an eye on the Cosmos and Polkadot projects. But they, too, will build their bridges with Ethereum.
You will not find Ethereum counterparts in decentralization.

blockman

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

The competitor recently of Ethereum upon fees is the BSC/BNB. There are other projects that have been working with that chain because they find the fee to be cheaper than usual. But if you just want to have the cheap fees upon transfers, there really are other altcoins that can offer you that. Some choices are Dogecoin, Litecoin, TRX, XRP, Nano and there are others more. Those are the coins that I've been seeing when people are talking about cheap fees.

Handsome Boy

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

I think MATIC and BSC are another alternative, because the gas fees from MATIC and BSC are very cheap compared to Ethereum, so if you want to find a Blockchain whose gas fees are not as expensive as Ethereum, then MATIC and BSC are the right choices, but I personally still prefer Blockchain from Ethereum, because I am comfortable using Blockchain from Ethereum, even though gas fees from Ethereum are currently increasing, but I am sure when ETH 2.0 is launched, then of course gas fees from Ethereum will be low.

Bitstar_coin

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There are already competitors bro why do you think we have bsc with a reduced fees which is the number one competitor to Ethereum network, and there are several other similar blockchain but the real question is are the devs ready to diversify! Instead of using eth blockchain all the time are they ready to try out other network! By doing so the power will a bit from eth to any other good blockchain be it bsc, polygon etc.

Sweetbtc

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Fee is always a big issue in Eth. Bsc network is better than Eth erherium in fee only. But Bsc cannot handle thosands transaction per seconds.
Solana , people says Etherium killer can compete with Eth. Similarly Xrp can always next blockchain better than Etherium.

Little Mouse

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I think you have missed the London Hardfork for ETH 2.0 which also fix the fee issue more or less however, Polkadot/BSC network can be the alternative to Ethereum Chain if you are looking for testing an alternative one to compare Ethereum with others. People have specilated Polkadot as next Ethereum and/or Ethereum killer but at the end of the day, Polkadot is getting late with so many updates.

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

If only fees then you can used fantom or matic instead. These two are the known blockchain with lowest fee at the moment. Even lower than bsc network fee that their 1 coin can be used for multiple transactions. But in terms of massive adoption we cant deny that ethereum is still the best one to use and been used by many since then. So its gonna be hard to find an alternative for that. Its not really that bad in my opinion.

Fivestar4everMVP

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I think fusion is a very good blockchain that has a very good technology built into it, though people are yet to discover the kind of powerful tech that runs on fusion blockchain, which I also think suppasses Ethereum and Binance smart chain put together, this project have been around for about 4 years or there about, and recently, they launched a new defi project which is know as Chainge finance, this project is amazing and its all powered by fusion, it's only a matter of time before people discover this amazing project and it skyrockets, Chainge finance is already doing very well considering the fact its just about 3 or 4 months old.

btcltcdigger

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

Correct me if i'm wrong, but i see you writing "hey, i'm late for the ETH train, do you think there's gonna be INSERT_SHITCOIN train soon which i can get in early and not regret missing ETH"?.

Truth is, probably not.

Yogee

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Quote from: indah rezqi on August 13, 2021, 12:22:47 PM

If it is true that Binance will create smart contracts, then Binance is a competitor to Ethereum.

What do you mean "if it's true"? You have not heard of the Binance Smart Chain? Where have you been?

Quote

When Ethereum corrected the London hard fork were the transaction fees still high? I'm sure there are still some who haven't tested the transaction fees on ETH yet.

I don't know what is "high" to you but you don't have to ask these questions. All you need to do is visit gas tracking sites like https://etherscan.io/gastracker and you'll find what you're looking for.

Sterbens

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Quote from: indah rezqi on August 13, 2021, 12:22:47 PM

If it is true that Binance will create smart contracts, then Binance is a competitor to Ethereum.
Regarding the large transaction fees on Ethereum the most talked about so far. I see it as structured.
When Ethereum corrected the London hard fork were the transaction fees still high? I'm sure there are still some who haven't tested the transaction fees on ETH yet.

You only need to take advantage of the GAS that is going down, although the market is not too dense depending on how it increases. Everything about the Eth network will gradually be resolved because Rome was not built overnight to be able to stand strong. The initial stages have been carried out with the London Hard Fork taking place, and of course, other developments will not stop there,

Ethereum will continue to provide higher tidal waves, and they will need to match the level of user demand for transactions with the fees that many people often complain about.
As an alternative BSC has given you the option to switch and it turns out that not only BSC, Polygon, Solana also offers the same thing. We just need to choose in which direction the transaction is used. They have made cross-delivery, so it is very good in the future to be able to connect with each other even though they are on different networks.

indah rezqi

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If it is true that Binance will create smart contracts, then Binance is a competitor to Ethereum.
Regarding the large transaction fees on Ethereum the most talked about so far. I see it as structured.
When Ethereum corrected the London hard fork were the transaction fees still high? I'm sure there are still some who haven't tested the transaction fees on ETH yet.

cryptoknows

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Quote from: bizfyn_ru on August 13, 2021, 11:56:19 AM

Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

Dude, try Near.
You can use it 100%.
There is its own EVM, a Blockchain that is much faster and more economical than Ethereum and other cool things.
Study it!

EVM? That is, I can emulate Eth smart contracts inside the Near ecosystem?

bizfyn_ru

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Quote from: cryptoknows on August 13, 2021, 11:34:09 AM

We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?

Dude, try Near.
You can use it 100%.
There is its own EVM, a Blockchain that is much faster and more economical than Ethereum and other cool things.
Study it!

cryptoknows

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Quote from: kolonel_x on August 13, 2021, 11:52:00 AM

for now there is nothing really visible but I think BSC has now made a breakthrough and maybe in the next few years they will make a chance to compete.
because we know now bsc has also penetrated and its fans are everywhere because they have a system that is almost the same as eth with a ratio that is cheaper and more reliable, especially for small traders, besides that the bnb coin burning system is also still the flagship. BSC in order to get a good stigma among its fans.

hmm, it sounds great, me will need to look

kurniawan05

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Many blockchains have smart contracts such as ethereum and with very small gas fees such as BSC, Tron and Fusion. But they are all less popular than ETH. For future ETH updates, hopefully the high gas costs can be overcome.

kolonel_x

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for now there is nothing really visible but I think BSC has now made a breakthrough and maybe in the next few years they will make a chance to compete.
because we know now bsc has also penetrated and its fans are everywhere because they have a system that is almost the same as eth with a ratio that is cheaper and more reliable, especially for small traders, besides that the bnb coin burning system is also still the flagship. BSC in order to get a good stigma among its fans.

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