Topic: Polygon (MATIC) vs Ethereum (Read 671 times)

if there are project have that feature, maybe alot developers team launched their project in this platform. zero fee network really make investors or traders attracted, for them this revolutioner solution for current problem in market. Moreover they could create token only by clicking , it will help alot for each project to make their budget more efficient by reducing smart contract programmer.

Polygon looks more attractive compared to other platforms because its interface is compatible with Ethereum and does not require any complex configuration. Polygon's liquidity is very good across major trading directions.
I don't see any reason to use other decentralized platforms yet.

I trade 0xMR and WasabiX on Polygon but I think $NEAR will make Polygon obsolete.

comparing polygon and ethereum or ethereum with another platform will not get certain answer. all of platform have their advantages and disadvantages to applied, most investors or project developers concern on transaction fee not in simplicity in token creation. creating smartcontract in ethereum, bsc, polygon or other platform need high skill programming. And now how about  comparing all platform with Hathor network which provide feature smart contract creation in only single click and zero fee.

We will see if there will be such improvements this coming month when they implement this EIP 1559. Right now, some crypto users are using BSC or this Matic because of economical fees. But ETH network is still the popular one. Also, I haven't seen a lot of Matic users here, more on BSC users. Matic right now may have the advantage in terms of network fees over ETH, but it doesn't mean that they are popular than ETH. We will know if there will be a lot of projects creating under Matic network. But right now, ETH is still leading among them.

For me that is a natural process for now. People move to Binance Smart Chain and Matic because it is cheaper to interact with the network. There is nothing weird about it. Those networks currently offer the most favorable conditions from a user perspective and the user is what counts. Think about the mobile phone sector back when Apple had its debut. People just saw that the phone's usability is better than the usability of any other phone. Ethereum needs to improve quickly.

Are you talking about trading pairs with ETH, they are planning for the upgrade for a long time and the change they are planning to implement is really complex and it will take a long time for them to implement everything but we are yet to see how a major platform moving to POS will perform and whether they will be centralized like we expect all POS coins are.

Do not trust the rankings as everything can change easily, example is Doge and it is was no way near the top ten and one rally and it raked well above some of the top coins we thought will never change, so rankings means nothing and we will see changes according to the market movement.

Although many people move to Matic, it doesn't mean that Matic is better than Ethereum. I am sure that because of the lower fee, many people choose this and how they see the fundamentals of that coin itself. However, recently, Etherum platform also has decreasing fee, so that it may be mean that Eth will be back to its good condition 

And of course, many people will also say so, like what happens to previously such as DOT, NEO, EOS, and others, said that they are better than ETH, will replace Ethereum, but in fact, they still can't. Not know if in the future.

What I do know is that, the team of a platform will always choose what they think is right, and in most cases they end up doing the right thing and in some cases, the wrong thing. Having this in mind, one will see clearly that the issue is not actually moving from one blockchain to another but the main focus is achieving whatever aim and objective the team already sets out.
Now, if we remember clearly, this year or late last year, BSC chain took the center stage and some projects from Ethereum blockchain migrated to it, new projects found it easier because of low case fee and some projects knowing that Ethereum will always remain the king of smart contracts created a sort of token bridge hence having their token both on Ethereum and BSC.
Nevertheless, as time goes on, it became evident that the reason for migration is to pump their token price at that juncture and after that, no much development again.
The reason for all these Is, same thing is going to be experienced in Polygon as only few projects will migrate to achieve their goals and many doing so just to create hype, pump their token and that's it.
In my opinion after all said and done, a lot of these projects will still go back to Ethereum moreover, Ethereum gas fees is reducing drastically. And No, Polygon do not stand a chance at overtaking Ethereum, BSC tried after all hype and yet it didn't.

In theory, changing matic to polygon is of course a special attraction because with this indirectly the fee problem on the eth blockchain is at least slightly resolved with this. besides that, matic also creates a second layer on the ethereum network, so that DeFi users can transact in collaboration with polygons, and at a lower cost and don't leave the ethereum network. I think this is very good and of course I'm not the only one who thinks like that because this is the main attraction for the fans.
but even though it's like that for now, I think matic is only good for trading and for short-term investment, because with things like this and the pump that has happened before, I think it's too risky to do it in the long term.
and regarding matic, which is better than eth, I don't think this can happen yet and the possibility is very small for matic to beat eth. even though eth is too big in terms of gas but polygons are also more or less still referring to him besides that there are still many people who like eth therefore it is very unlikely that matic beats eth

And now this is the comparison? We had eth vs bnb for like a year now and now it is time for matic vs eth? Can we just stop with comparison and hope that they all do great? I want matic to do great, I want ethereum to do great and I want bnb to do great, while we are at it I want bitcoin to do great, and litecoin to do great, hell even doge to do great even though I dislike it personally because every single coin doing great would mean that we are talking about something that is beneficial for everyone.

One of those coins going up usually means the market is going up, I haven't seen too many times when a coin goes 100% higher while all others stay the same or go down, that means in most probable situations if a coin goes up too much then all others are going up as well. Which is why I hope ALL coins go up, not just some, and I do not compare them, I want them all to succeed.

ethereum will not be shifted because polygon and bsc use erc20 as a reference and fix fees only.  although ethereum is classified as a "blood-sucking coin" because of its high fees, the trading volume of ethereum every day is very large and active on almost all existing exchanges.  

matic is for now a lot of people who idolize it and it was proven when the matic shot up but I think this matic is very good but only for the short or medium term, not for the long term.
other than that comparing it to ethereum I think it's too early for that, even though ethereum is still having problems in gas but ethereum is still the prima donna among altcoin lovers and it's too early for polygon to compare with eth especially it is claimed to be better it's still too early

poligon / matic is a project too new to be able to think of annoying and taking the place of eth at the top of the altcoins, meanwhile the fees on transactions on the eth blockchain have decreased a lot and in any case the most likely candidate to be able to replace eth is bnb on bsc

At the moment, very few projects have been created on the Polygon blockchain, so you can't compare Matic with the Ethereum network. There are so many blockchains that have very low fees on the network, but none of them even came close to ethereum to be called a competitor.

So far, many projects have competed with Ethereum. None of them could win against Ethereum. MATIC is a really great startup, but it can't compete with Ethereum. I hope the MATIC project will proceed successfully, but I think Ethereum will be unrivaled and market leader.

I don't think we can compare Ethereum to Polygon. If we force a comparison between Ethereum and Polygon, I think this is an irrelevant comparison. Polygons can only be compared with Polkadot and its equivalent coins.

Even if we put it that way, ethereum will not lose its dominance that easily to the coins you have mentioned despite the advantages that they may currently have to offer to start up projects and the general public. This is because ethereum has already been in this industry too long and has already gained a lot of publicity just like how bitcoin did. And with this logic, even if better platforms emerge suddenly out of the blue like the ones you have mentioned, ethereum will most likely take the same direction as bitcoin and become a store of value too. At least that is the direction in which I think ethereum would be heading if ever its utility gets too far behind the new generation.

It's true that the Polygon Matic has a huge potential to perform so well in the long run. But it has to do so well even to get closer. Ethereum has proven to be the best of all alts and it is predicted to reach 5 digit value in next few years. Also people are looking forward to see the impact of ETH 2.0as well. Therefore, I still prefer ETH over Matic under prevailing circumstances.

Being the first is the reason why it become the gold standard when it comes to smart contract., ETH are always being compare to every new smart contract platform that being launch to public, But with all these years, ETH remains the gold standard in the token market.