Topic: The future of AVAX (Read 122 times)
AVAX is a very good altcoin to invest in because it has very good potential, currently AVAX price is $ 25 in CMC, and has a great opportunity to increase even more in the future, I think the AVAX altcoin will be a big altcoin in the crypto market. , and can compete with altcoins that are currently popular such as, Etherem, Polkadot, and BNB,
Main advantages for Avalanche are:
- less inflation
- better scalability (it is using Avalanche consensus)
- faster transactions (60 seconds for Polkadot and 2 seconds for Avalanche)
Less inflation is an attractive specification that is commonly used nowadays to attract investors. Do a value of one project, coin or token is defined solely by total supply and inflation schedule?- less inflation
- better scalability (it is using Avalanche consensus)
- faster transactions (60 seconds for Polkadot and 2 seconds for Avalanche)
To have a good coin, several features should be included. And a coin including many good features will be even more valuable because it has almost no downsides.
Main advantages for Avalanche are:
- less inflation
- better scalability (it is using Avalanche consensus)
- faster transactions (60 seconds for Polkadot and 2 seconds for Avalanche)
Less inflation is an attractive specification that is commonly used nowadays to attract investors. Do a value of one project, coin or token is defined solely by total supply and inflation schedule?- less inflation
- better scalability (it is using Avalanche consensus)
- faster transactions (60 seconds for Polkadot and 2 seconds for Avalanche)
I believe it is not in the long run but in short time after launches, it can be used to make people believe about the future, lower inflation, higher price.
I agree people require for fast transactions but together with the speed, they need security and safety. 60 seconds for one block is fast enough in my opinion. The point is the size of block not how long one block is created in average. If a block can have huge transaction counts, it can meet the demand. Anyway, include huge transaction count into one block contains potential risks as same as too short block time.
When I first introduced to the Polkadot project one of my friends said that AVAX is better than Polkadot. What do you think about it, AVAX is really better than polka dot because Polkadot is considered to be a good alternative to the ETH network. Also what could be the value of AVAX at the end of 2021? It already touched 60$ per token which is much higher than the ATH of DOT.
Yes, you and your friend are right, Avalanche is a very innovative project and likely to be a top Altcoin. It is technically a next generation of blockchain because it has an improved consensus mechanism. About a direct comparison of Polkadot and Avalanche, an analyst has written a great article: https://medium.com/avalanche-hub/comparison-between-avalanche-cosmos-and-polkadot-a2a98f46c03bMain advantages for Avalanche are:
- less inflation
- better scalability (it is using Avalanche consensus)
- faster transactions (60 seconds for Polkadot and 2 seconds for Avalanche)
I have also created a discussion here because it is important to know, how to select a next generation blockchain coin: Comparison between TOP PROJECT Cosmos, Polkadot and Avalanche
At the moment, Polkadot is developing very quickly. And Polkadot is not a competitor to Ethereum, Polkadot unites blockchains and AVAX I think will also join. I know AVAX is a very promising project, its small transaction fees give a big plus. AVAX is more of a competitor to Ethereum. 99% of the comments write that Polkadot is the killer of everything)), but this is not so. Polkadot brings together projects to develop. And comparing the price of these coins is not an indicator of the coolness of the blockchain.
When I first introduced to the Polkadot project one of my friends said that AVAX is better than Polkadot. What do you think about it, AVAX is really better than polka dot because Polkadot is considered to be a good alternative to the ETH network. Also what could be the value of AVAX at the end of 2021? It already touched 60$ per token which is much higher than the ATH of DOT.
Jump to: