Topic: Why are applications created on Etherium and not on other convenient blockchains (Read 204 times)
January 10, 2022, 11:36:19 PM
Possibly you mean dapp. Im not sure if you did your homework perfectly cause there are many projects running aside from ethereum itself. Almost all new projects pouring into market are using different L1 solution such as avalanche, matic, solana, bnb, fantom, near protocol, and luna. All those projects have their own ecosystem and running perfectly. Eth still the big guy, but sooner or later people will also enter on those to create their proejct instead. Fees are growing on eth and some can't accept this parameter hence using other alternatives.
January 10, 2022, 10:48:12 PM
The developers have so many considerations. They build their application in ethereum didn't mean they can't make it to support L2 for ethereum. A platform can be used to support multiple networks at once. It doesn't mean once you are building your platform in ethereum doesn't mean you will always be dealing with ethereum and the developers can add the bridging feature to its dapps to interact with second layer solutions like bsc chain or polygon network. I think that you didn't understand it correctly. You must try to see some platforms in ethereum blockchain that exist now and these platforms let you connect into another blockchain like BSC and Polygon which have cheap fees compared with ethereum.
Dapps can also be connected to the ethereum and near protocol at the same time. How do you know if near has high security? have you done a test for that?
Dapps can also be connected to the ethereum and near protocol at the same time. How do you know if near has high security? have you done a test for that?
January 10, 2022, 07:41:21 AM
Many apps choose Ethereum despite its high transaction fees. Honestly, it makes no sense to me.
I see better potential in using Avax, BNB, and Tron blockchains for their cheap fees and faster transactions.
We live in a fast-paced tech era with the orientation given to more efficient blockchain solutions.
New startups will exploit the power of these priceless and robust blockchain networks. I see tremendous opportunities in the TRC20 network, with the launch of new Defi projects like the upcoming Ferox, the recent Apenft project, and more to come.
Unless the Eth team upgrades its network, more projects will abandon it.
I see better potential in using Avax, BNB, and Tron blockchains for their cheap fees and faster transactions.
We live in a fast-paced tech era with the orientation given to more efficient blockchain solutions.
New startups will exploit the power of these priceless and robust blockchain networks. I see tremendous opportunities in the TRC20 network, with the launch of new Defi projects like the upcoming Ferox, the recent Apenft project, and more to come.
Unless the Eth team upgrades its network, more projects will abandon it.
December 30, 2021, 10:38:25 AM
Couple of years back there is no such huge fee or scalability issue so those projects were created by that time but launched later due to the bull run but in the end projects are facing issues due to the surge in ethereum blockchain but in BSC sounds like ethereum killer and many projects launched as well so you can't simply say that why more projects on ethereum in general.
Before there are Waves, EOS and other platforms too that are used to create applications m but we can’t deny tge fact tgat the number of applications in ethereum is much bigger than any other altcoins. Ethereum before were too popular and also easier to use and access. As technology improves and many finds problem in transaction process as well fee in ethereum others are finding alternatives now to use other altcoins rather than ethereum. December 30, 2021, 05:40:20 AM
Hello everyone! In recent years, we have seen a bunch of promising applications and projects that are deployed on different blockchains. But for some reason, more of them are deployed on ether, where there are many problems and obstacles, why build an application where it is expensive and where there are various kinds of obstacles both for developers and for future users. Why don't developers create applications on other blockchains, for example, on the same Near Protocol, which was created for this, where it is easy and cheap to create an application, while with high security? Perhaps this is this kind of crypto stereotype? A stereotype that is waving to implement ideas for many talented developers...
NEO, EOS, Cardano, BSC, Solana, Polkadot, Avalanche are developers' favorite. Very few stick with ETH? Actually many migrated already from ETH. To understand the ETH high fees you need good knowledge of Buterin history, and mainly who he works for? 
December 30, 2021, 12:27:20 AM
It's actually happening now with NFT games. It's not just ERC20 based projects but also the BNB based games. The congested traffic in both chains is a big problem if you want more players/investors/users to support you. So, they created their own chain or agreed to partner with another.
Examples are Axie - Rounin, My Defi Pet - KardiaChain, Plants vs Undead - Factory Chain.
I think this will happen more with different platforms even in the non-gaming industry. They don't want to be losing more investors just because of the chain problem.
Examples are Axie - Rounin, My Defi Pet - KardiaChain, Plants vs Undead - Factory Chain.
I think this will happen more with different platforms even in the non-gaming industry. They don't want to be losing more investors just because of the chain problem.
December 30, 2021, 12:10:26 AM
because all new projects prefer to ethereum because of the large number of ethereum users than blockchain,, even though the costs are high but everyone still makes transactions..besides that all ethereum bases are the easiest in creating new projects and new tokens.
December 29, 2021, 06:32:44 PM
Well I have been seeing projects that are based on BSC lately, who told you that most are only on ethereum network? It is congested and the gas fees are high. It is only a matter of time until it will lose to another because fees are getting and micro transactions aren't good anymore. Developers are looking on another or basically they will make their own if the can do so.
December 29, 2021, 06:19:41 PM
Hello everyone! In recent years, we have seen a bunch of promising applications and projects that are deployed on different blockchains. But for some reason, more of them are deployed on ether, where there are many problems and obstacles, why build an application where it is expensive and where there are various kinds of obstacles both for developers and for future users. Why don't developers create applications on other blockchains, for example, on the same Near Protocol, which was created for this, where it is easy and cheap to create an application, while with high security? Perhaps this is this kind of crypto stereotype? A stereotype that is waving to implement ideas for many talented developers...
Ethereum is the first mover. Like bitcoin for other reasons people flock to it. It will take a strong move from one of the other platforms to take over what eth has built. It can easily be done but it takes time. There are platforms that are looking good like matic/poly but it needs to showcase over time before the masses choose a different platform.
December 29, 2021, 06:19:29 PM
why build an application where it is expensive and where there are various kinds of obstacles both for developers and for future users.
The main reason caused by the demand in ethereum blockchain. I can't deny the fact that so many whales are still actively trading on ethereum despite the high fees on it. Remember that these days so many developers have been using the multi tokens as a way to avoid the ethereum blockchain. Remember that when you can develop a bridge to L2 solution for your token. Why don't developers create applications on other blockchains, for example, on the same Near Protocol, which was created for this, where it is easy and cheap to create an application, while with high security? Perhaps this is this kind of crypto stereotype? A stereotype that is waving to implement ideas for many talented developers...
Near was not a big blockchain creating application on there will be only wasting your time. It's better to pick polygon or BSC rather than near lol. Why are you mentioning this garbage blockchain? So many developers are also creating various apps on various blockchains. December 29, 2021, 06:08:40 PM
Who told you that other applications aren't been created on other blockchain? Are you sure you doing enough research because it's clear that Luna, matic, BSC, solana, polkadot and avalanche are developers favourite right now, only very few still stick with ETH, do your own research
What made you say that it's developers favorite? They may have their own personal preference but I don't think these devs really favor one blockchain over the other base on that. They are probably more focused on the number of users and the money that flows into them. There's a reason why liquidity on Ethereum remains the highest like this guy said,in ethereum concetrate big money
December 29, 2021, 05:59:29 PM
^Snipped
As someone not new to the developer scene as I'm a developer myself even though I've not been active for a while but that's by the way. The major reason why developers choose to develop on Ethereum rather than other new and emerging blockchains is because ethereum network has a proven track record of being secure and much more decentralized. On other emerging chains or ethereum side chains, there's usually a tradeoffs between security and speed so developers tend to stick to the most secure chain at all times.
Another reason could be the developer support. On ethereum, there's plenty of solidity tooling available for developers that aids and speeds up the development process. On other chains however, it takes time to get acquainted with their tools. Even longer if the project uses a programming language or texh with a steep learning curve like rust or any systems language.
December 29, 2021, 05:53:06 PM
It is because most of the applications/dapps are into Ethereum. People are seeing that there are more scams in the BSC because it's way easy to get into it. But as for Ethereum, it's semi-centralized.
Despite having a high fee, this doesn't stop the other developers to get their projects into Ethereum. But some investors are looking into those projects that are not made into it because they're avoiding the classic problem of these projects which is the high in fees.
Despite having a high fee, this doesn't stop the other developers to get their projects into Ethereum. But some investors are looking into those projects that are not made into it because they're avoiding the classic problem of these projects which is the high in fees.
December 29, 2021, 05:41:19 PM
It's because other blockchains are not designed to handle such applications to be created within their infrastructure, whereas in ethereum, Vitalik Buterin already envisioned dapps to be created within the ecosystem, to accommodate for the continuous growth of the cryptocurrency. While other coins have already developed their blockchains to accommodate applications, people have already been accustomed to the ETH ecosystem, and once the bulk of their framework is already built for ETH, it's hard to transfer things over or start things from scratch—unless they really want to build something on top of it.
But nowadays, you can see that the sentiments on creating smart contracts are changing.
We are seeing new networks like BSC, DOT, SOL, AVAX, MATIC, and others to compete in attracting these devs.
Though ETH is still ahead of the game because they are like the pioneer on this field and they already gained trust from the community.
But with the expensive gas fees on eth network, rise other networks like the ones I mentioned to address these expensive fees.
December 29, 2021, 05:37:13 PM
It's because other blockchains are not designed to handle such applications to be created within their infrastructure, whereas in ethereum, Vitalik Buterin already envisioned dapps to be created within the ecosystem, to accommodate for the continuous growth of the cryptocurrency. While other coins have already developed their blockchains to accommodate applications, people have already been accustomed to the ETH ecosystem, and once the bulk of their framework is already built for ETH, it's hard to transfer things over or start things from scratch—unless they really want to build something on top of it.
December 29, 2021, 04:03:10 PM
They have good reasons for this one and most probably studied everything before they come up into this decision. I think one factor here is that, the demand for ETH network since even if its expensive with regards to the fees, many are still using it and maybe ETH blockchain is really that good for their project. Yes, there’s a lot of good alternatives already but still it will depend on the analysis of the developer, many are also started to do a multi-chain project which I think is also effective.
December 29, 2021, 03:47:13 PM
Couple of years back there is no such huge fee or scalability issue so those projects were created by that time but launched later due to the bull run but in the end projects are facing issues due to the surge in ethereum blockchain but in BSC sounds like ethereum killer and many projects launched as well so you can't simply say that why more projects on ethereum in general.
December 29, 2021, 03:18:09 PM
Ethereum is supposed to be the big daddy of dapps and DeFi, isn't it? But then they have been ip to no good. What with the notorious gas fees and the sometimes clogged network, it doesn't bode well for them. So it would be nice for its so-called Ethereum killers like Solana, Avalanche etc to step up to the plate
December 29, 2021, 02:32:55 PM
Hello everyone! In recent years, we have seen a bunch of promising applications and projects that are deployed on different blockchains. But for some reason, more of them are deployed on ether, where there are many problems and obstacles, why build an application where it is expensive and where there are various kinds of obstacles both for developers and for future users. Why don't developers create applications on other blockchains, for example, on the same Near Protocol, which was created for this, where it is easy and cheap to create an application, while with high security? Perhaps this is this kind of crypto stereotype? A stereotype that is waving to implement ideas for many talented developers...
Ethereum is still the technical innovator amongst the blockchain or at least among the blockchains with smart contract functionality. Ethereum are the ones that invented the smart contracts, without that invention the whole crypto market as we know it today with all its possibilities like staking, yield farming, providing liquidity, Defi, NFT would not have been possible without Ethereum. That being said, because of the very high ETH gas fees in the last few months the whole Ethereum ecosystem became pretty much unusable for small fish and normal investors like me for example. That is the reason why a lot of projects switched to BSC for example.
December 29, 2021, 01:54:58 PM
Who told you that other applications aren't been created on other blockchain? Are you sure you doing enough research because it's clear that Luna, matic, BSC, solana, polkadot and avalanche are developers favourite right now, only very few still stick with ETH, do your own research
Jump to: