Polkadot can take place of Ethereum? - page 2.

istiak2277

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Quote from: Lrshohag on November 21, 2020, 07:27:44 AM

Polkadot project is better. Etherium project is also better.
Those project has a bright future.
But those project are difference.
They are growing day by day. I think those project will have great in future.

Two projects are better, I want to know the project better in your mind? Wink

In my opinion, ETH is great after BTC, other altcoins still need more improvement to compare with ETH.

Actually, it not always about the technology behind the project. Sometimes it matters what the community thinks. Like there are many projects that use much faster and advanced technology than bitcoin but still, bitcoin is the king in the crypto world. ETH community is so vast that other projects can co-exist but can not replace it completely.

Chrystora123

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Omicron is another FUD

EOS, TRX, and WAVES have been rumored to be "Ethereum Killer" but until now Ethereum is still the king of Altcoin, and now Polkadot appears again! I don't see any potential for Polkadot to be able to shift Ethereum from its throne..

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Many projects trying to find solutions for ETH and BTC scalability. It means that those projects are important. you couldn't call them Killer.

The projects that have sprung up at this time will only be able to steal a small amount of the market from Bitcoin and Ethereum but will not be able to shift both..

Nirado

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Honestly for now, I'm personally just using DOT to invest because of their staking rewards, but they can make this platform much better, but even then, ETH is just there next to BTC, a prince of Crypto if BTC is the King.

Question123

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I think there is no project or any coins that can kill ethereum or beat this coin. If we noticed this coin is still the choice of project and it is already tested.

Many projects wants to beat the ethereum but for me there is no coin until now No coin has been develope but maybe for the other people is already coin that can defeat the ethereum to the potentiality and I respect on that it because people have different thinking and beliefs.

Yudhisthir

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What we have realized in the last decade is mere technological advancement doesn't make the coin superior. If we were to compare, bitcoin is one of the most dumb coin on the list and people may argue that it doesn't deserve to be so popular citing it's inefficient blockchain and how much energy it waste. But there are much more thing to consider and one of the largest one is trust and security. Which are a result of decentralization and community based development.

Lrshohag

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Polkadot project is better. Etherium project is also better.
Those project has a bright future.
But those project are difference.
They are growing day by day. I think those project will have great in future.

coinporch

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

can you mention the project using the polkadot network my friend ? because i never heard it
by the way, i believe if polkadot will never become the ethereum killer, ethereum is too strong for a new project like polkadot buddy

icalical

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Polkadot may offer much better scalability and features compared to Ethereum but, It will still be very hard to overtake Ethereum by now, people are too familiar with the ERC-20, and the erc-20 is huge adoption. Its not only about sophisticated features and better scalability tho, even after Tron with trc-20 and EOS, most of project still prefer to use Ethereum and cresting erc-20 token since it will be easier to be listed in many DEX, moreover we have Uniswap now growing bigger and bigger.

Atang Sulaeman

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with so many competitors who will kill ETH, but ETH still survives with all its shortcomings,
the evidence is that until now ETH has persisted and its prices have increased from time to time,
and even with ETH v2 maybe ETH will continue to improve its existing shortcomings .

AnonBitCoiner

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Many projects trying to find solutions for ETH and BTC scalability. It means that those projects are important. you couldn't call them Killer.

The killer in the sense of replacement. The OP view is the Polkadot had potential over Ethereum and it replaced the Ethereum.And all the new crypto project will make a aim of Ethereum as their goal. But still now no project had reached his goal. Now Ethereum 2.0 going to launched to make new market.

cryptonx

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

in the past i predict if waves and lisk could be the next ethereum but thats only my dream
and now you predict if polkadot will take the place of ethereum as the best altcoins, maybe thats could be your dream my friend
because its impossible to replace ethereum as the best alts for now

Paycoinzzz

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

Polkadot has a better foundation but is unlikely to beat Ethereum's reputation. We can see other good examples like Bitcoin and Litecoin. Both 2 also use a Proof of Working mechanism but the value is very different. Even Litecoin is more advanced using the Skrypt encryption algorithm, which is much faster than the SHA-256 of Bitcoin but cannot compete with Bitcoin.
It shows that reputation and community are what makes it all. Fans of Ethereum are huge and beating this platform is difficult, unless Polkadot has a higher market cap than Ethereum

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

I agree that polka dot offers much advanced options and features as compared to ethereum network at the moment but eth developers are also working on longterm developments, features, improvements, upgrades and solutions. So i think ethereum network is always going to have that pioneer advantage.

Renampun

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likely this would never happen...
Ethereum is the best Altcoin and it never shifts, many projects that are based on erc20, 'ethereum killer' just a fairy tale. while polkadot are not very popular. when ethereum 2.0 slides, ethereum prices will increase.

MiningBattalion

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

It's not possible for Polkadot to get the Ethereum place. Ethereum is needed on for the transaction of tokens. I have one question for you, is this Polkadot will be a gas for the transaction of tokens from your wallet. From my experience, it won't replaced by Polkadot.

jacafbiz

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There is no doubt for now that Polkadot is a better technology than Ethereum, but one of the thing killing some of these big projects is lack of community, Ethereum has strong community because it has made many people rich and are going to protect their investment, Polkadot is a VC's project and lack strong retail FOMO. If project comes with a valuation of$20 million and return to $1 billion Mcap believe it would have strong follower, Chainlink and Binance are two great examples

$anounimus$

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Quote from: Dariusburst on November 20, 2020, 03:40:29 AM

Polkadot is very good presently but the future of Polkadot is unknown, Don't compare a old project with new project because the old project already achieve solid foundation and it's 10x stronger than new projects, there are worthy opponents in crypto space to compare with Polkadot not Ethereum

Yes, basically it is not feasible to compare the new project with the old project which is already very solid on the foundation, but in terms of competition and comparison of these two tokens, sometimes a new project is also more prominent in terms of awakening ideas that have never existed in the past, although that idea may not be very well accepted at this point, I generally agree with what you are saying.

istiak2277

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Quote from: laredo7mm on November 18, 2020, 11:07:36 PM

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

Polkadot can be called a better or upgraded version of ethereum I think. Dev just tried to give a solution to those problems that the Ethereum network can not. But ethereum network is so massive that no project can completely replace it. There are many projects that show great expectation but still, there are not anywhere near the ethereum network.

tvplus006

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This coin has a very good potential for growth, so investors have been investing in Polkadot for a long time to hold. This coin is one of those that made a lot of noise around its network, literally breaking into the Top-10 of Coinmarketcap, but it will not be able to shift Ethereum from the podium.

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Quote from: Balladtony77 on November 20, 2020, 11:42:12 AM

The right challenger of Polkadot are as followed

1. EOS
2. Tron
3. RSK
4. Neo
5. Stellar

If Polkadot can beat this smart contract projects then maybe just maybe it can be on same level with ethereum, forget dethroning ethereum cos it's never going to happen, Polkadot is new and ethereum is old

I do agree with your list as ethereum is much more superior compared with polkadot even this platform was fixing all of the problems that still faced by ethereum. Polkadot is a polkadot and it will never be the same as ethereum. People should understand about that if there's not chance for DOT to compete with ethereum at least not for this time.

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