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PolkaDot - Next Ethereum

Hello Guyz, Polkadot Is One Of My Favourite Coin And I Am Damn Sure That In The Long Run Soon It Can Reach To Ethereum and Can Become Next Ethereum, But It doesn't mean it can Replace Ethereum. What You People Thing , Share Your Views In Comment Box , I want fo Know That How Many People Thinking Same Like Me And Am I Right Or Not?

Octopus on NEAR is a better technical solution than Polkadot.

if it becomes one of your favorites, it doesn't mean what you feel and want will be achieved, if to replace ethereum, I think it's still far from the calculation that will be used as a benchmark. but if you say in the long run it can reach as much as ethereum in value, it's possible and nothing is impossible in crypto.

but whether polka dots can and are able to do that will certainly be seen from the one who regulates them, whether they are able to make investors want to make polka dots an investment that continues to be traded and is very profitable. With the value achieved now and the market cap obtained, it seems that polkadot need to work hard and don't know when your goals will be achieved.

Many people hope that one day there will be a coin that will become the next Ethereum. That is evident by the many questions whether it will be the next Ethereum. PolkaDot is a good coin, and there are other good coins in the crypto space. But Ethereum is still on top of that good coin.

I'm not so sure polka dots can replace Ethereum either now or in the long term, this is highly unlikely for any reason, today Ethereum is the second best in crypto, it's not an easy thing to overtake them at the moment.

You have to think about other issues and I make sure your assumptions are not fundamentally wrong, if the polka dot is one of your favorite coins I support it, I hope you get big profits from this coin, by making good investments and involving proper analysis in investing in polka dots.

While PolkaDot is good for investing ethereum tops all currencies due to blockchain cryptocurrency transactions are very reliable and do not require any financial institution etc its encrypted ledger controls all transactions from being risky. The market demand for this currency is always high long term investments like bitcoin are profitable ethereum's next currency could be PolkaDot.

Palkodot have got various advantageous features in its blockchain that isn't available with other blockchain. In terms of real-time usage it'll reach good userbase in the falling years. If there is no update from the rest of the altcoins/ethereum then palkodot can take the position of ethereum. For now such scenario isn't prevailing. There is regular update with the platforms. Even today ethereum has undergone a major upgrade.

Palkodot as an investment for long term gives assured profit, but it isn't easy thing to take the position of ethereum.

DOT is a legit successor to ethereum because of its purpose of putting blockchains to work seamlessly. Interoperability is the vision of DOT, though it is ambitious, it will be achieved to take advantage blockchain technology much like Internet has done to millions of PCs. BSC on the other hand has really just rely on what Ethereum has to offer, copied it and make it a cheaper options for developers and users. It will be a long way to go but DOT has initiative to work on interoperable blockchains.

Polkadot is good but we all knew how big is ethereum. It could be leveled as next contender but Im not sure whether they can replace ethereum that easily. There are lots of users on ethereum network and we can see how it continously growing in spite of some issues on their end.

I have some polkadot before but already sell some during its high. I am looking forward to bag some dot again if the market pullback on my current entry level. I can see a boom on polkadot ecosystem and mass community will also attracted to it.

Long-term?
I feel that ETH is one of the most difficult Altcoins to compare with other coins, including the Polkadot you mentioned. If BNB is said to be the next Ethereum, it could be close. If Polkadot is going to be the next Ethereum, what power does it have that it deserves to be the next ETH.

Polkadot still young and need to evolve more to be the next Ethereum, its not easy to be copy or replace the Ethereum. I would say Polkadot will cover what Ethereum did not have, not replace it in the future. Every coin have their own superiority on their field, and not easy to make Ethereum's believer to move to other coin.

Polkadot is definitely one of best and biggest projects with the most potential that came out in the last two years. The hype around polkadot was massive and it still is kind of but it slowed down a little, which is normal. The thing with polkadot is that the price already made a x100 or more if i remember correctly so you always need to consider this too before an investment. Does Polkadot still has some room to grow? Probably yes, but is there still room for another 100x... i am not really sure about that. Another point that i don't really like about the polkadot tokenomics are that the supply is unlimited, which is never a good thing if you want the price of an asset to increase.

Polkadot is a very great project since last Two years I've been following up. Polkadot really grew so fast and made a 100x in price and I think that's not happening again.
They're many projects within us that has much potential than Polkadot. Sorry mate am going against you bought no doubt Polkadot was one of the best but can't keep that position for too long and they can't be or replace Ethereum. I know of another good project that can deliver more and better which is the Octopus network on NEAR protocol. NEAR to me is the best substitute for Ethereum.

I am so sure that Polkadot has a good future in the cryptocurrency industry and this will be a valued platform into the future. However, to say that it can be the next Ethereum is actually a misnomer because as for me there is nothing that can replace Ethereum even right now that it is still affected by the curse of its own incredibly high transaction fee. Just imagine, what can happen when Ethereum can be able to solve this problem which is related to scalability then we can see that assumed competitors can have a hard time getting the attention and trust of the general market. Now, having said that, I think Polkadot know this and they are carving their own niche in this expanding market so that all can come out to be winners at the end.

Agreed and people become over rated with DOT. So many projects were still using BSC, ethereum and matic instead try to build their defi app on the DOT as it much more complicated.
I would like to say that the adoption for DOT by the developers are still low compared with the second layer solution of ethereum.
It's too early saying dot the next ethereum.

In my opinion, in terms of price competition, it is possible that in the long run Polkadot's price will beat the price of Ethereum. But if it says Polkadot is going to be the next Ethereum, I think it's hard to happen because there were a lot of other altcoins before Polkadot that said it would be the next Ethereum but in reality they couldn't. Therefore Ethereum will remain the king of altcoins and no one can replace it because ethereum is already very well known and has strong fundamentals and the Ethereum platform is more established with many projects already underway.

What you are saying is not quite right, where is it possible that Polkadot can replace Ethereum, you need to look at current market conditions, it is very unlikely that polkadot can replace ethereum.

If you say polka-dot is your favorite coin, that's fine, this is your opinion, but it doesn't represent the correct results of study and analysis in my view, polka-dot has not provided the best value for now.

Blockchain and cryptocurrency are two things that are growing rapidly in this sophisticated era. One product that is considered to be part of the future of cryptocurrencies is Polkadot (DOT).

Like Cardano (ADA) and several other altcoins, Polkadot is also one of the fastest growing cryptocurrencies, monitored starting in 2020.

In fact, Polkadot has entered the 10 best cryptocurrencies today, you know.

If you are interested in investing in cryptocurrencies, of course you know that the capital required is usually large.

Well, Polkadot is here as an alternative that is not too expensive but has good prospects.

for me, I don't understand the polkadot token at all, it's just that I've seen a lot of developments in the polkadot token in various markets, and I think it's pretty good. to be able to pursue ethereum must at least have a clear project goal and also a token network that attracts a lot of users, is very difficult to compete with in ethereum popularity, but many coins are priced above ethereum.

I agree that polka dots are your favorite coin right now, but to say that polka dots can replace ethereum is highly unlikely, either now or in the future.

Polkadot is very different from ethereum, there is no resemblance between them, what you say is not based on study results, let alone looking at market developments, there is no possibility for this, let alone compare polkadot with ethereum.

the situation of every coin in the market is not always the same bro aside ethereum and bitcoin coz for sure they were always on the top no matter what happen , but when it comes altcoin maybe we can't tell how long they will last in the market coz it's very obvious that nowadays mostly always struggling due to market conditions when there's a manipulation which is sometimes only popular coin can survive and maybe even those top coin and very trusted projects in the market has a potential to disappear without knowing imo.. So for me it's impossible unless ethereum really experienced a huge decline like what happened to bitcoin maybe there's a chance for them to over take.

Polkadot may be good for investment, the price is also still cheap and continues to increase at this time. that means there is a nice increase in adoption in the market.
but to see as the next ethereum, it's too hasty. we need to learn more about their projects and platforms.

No more new ethereum, ethereum killer, or something else what you have called that as a competitor that will kill or replace ethereum. DOT has become an alternative chain for ethereum and it doesn't mean this project is potentially to be the next ethereum. This is just another gimmick and so many people were also delusional by calling DOT for the next ethereum.
Ether is just ether and it will never be replaced by another project.

this will still go a very long way for the development of Polkadot. we will never know what might happen in the future. but for DOT, I'm sure there will be tremendous developments in the future.
but ethereum is still been the strongest for a very long time.

There are a lot more coins better than PolkaDot and it is not close. Ethereum is the best option if you do not want to purchase Bitcoin for any reason but the better solutions to PolkaDot are still a long way off Ethereum.

Comment box? Where was this taken from? Is this some sort of polkadot shilling thing that people copy paste everywhere? I know that polkadot is great and all but it is obviously not as good as ethereum, not for now. What people are forgetting is that Bitcoin is number one without even having a proper blockchain just because it was the first one and early on everyone started investing into that and it got the most popularity.

Why did I talk about bitcoin on a topic about ethereum vs polkadot? Because ethereum is not only second and also most popular one after bitcoin, it also has amazing technological improvements constantly, it will even have eth 2.0 that will change a lot of things. So even if polkadot improves something just a bit, that still doesn't mean that it will surpass ethereum at all, we will definitely see ethereum staying at second rank for years to come.

Polkadot seems promising but it cannot replace ethereum this early, Binance BSC is one of the candidates for the ethereum's place but not just yet.

It will take time, more contribution from open-source and non-open-source developers and full support from crypto community is necessary for that to happen.

Projects like DOT will never replace ETH, it’s all about coexisting. This is why I love NEAR, it’s a project that understands this and doesn’t want to compete with projects but instead wants to help get the best out of both. It already has a seamless bridge to ETH and it’s working on building more. NEAR is a crypto that loves to coexist and it’s a team player, this is why I’m so bullish on it. The moto of crypto is for everyone to win and NEAR fully embodies this motto!

many statements and mentions a lot of coins to be one of the next ethereum. but in my opinion a coin can only be the next ethereum only from the price factor, because the price can be pumped by the market at any time. but for other factors it seems that it will not be easy because the position of ethereum is very potential in crypto and will not be easily displaced by any coin.

Okay, just live that trust and confidence, and let see what will happen 1 year from now. Sure mean SURE but in this crypto market, I can't see anything like that, not unless if it has proven already like Bitcoin and ETH, and you tried to compare Polkadot to known ETH, I would be saying that I hope you were right.

If I invest in Polkadot doesn't mean that I was comparing it to other coins (leading coins), I buy them because it has a gaining potential but the word I was SURE, we can't guarantee that thing, IMO.

At that time, Polkadot is very promising, but now it seems that the coin cannot rise up significantly. And Moreover, now there is Matic that is also considered as the next of Ethereum.
So, actually, which one is the next?
Will there be always new crypto that is considered as the next of Ethereum? Or it is just a claim?  ;D

I am not sure about this. Probably there will be other coins that also claim or consider as the next ETH again.
This is like an old cycle like what happen to Neo at that time and many more coins. Just different era will be different coins again

I also want to believe it, but there are a number of problems. I actively follow the Kusam testnet.
In a few months, 6 parachains have been added to this network and nothing is working yet.
I wrote about it here
https://bitcointalk.org/index.php?topic=5343105.msg57623624#msg57623624
Nothing has been launched on the polcadot yet, and I really do not like their project launch speed.

A lot are aiming for the next ethereum, why not create their own path in crypto market? Also, better develop their platform first like attract many projects as they can. Because if the developers are happy with the network, word of mouth is a very powerful tool. So for me, don't chase to be the next ethereum, instead find ways how to serve better the crypto community, because you can make your own name without following someone's trail.

As long as decentralized finance projects are concerned, polkadot has been making waves and has the reputation as one of the very best Blockchain for the development of DEFI projects. Defi projects beyond the hype bring innovative real world finance concepts to the blockchain which allows users to use decentralized lending, insurance and a lot of other financial services

PolkaDot I have a much better token. However PolkaDot With Ethereum lagging behind in terms of popularity. We can see that Ethereum is in the second position among all the coins. And PolkaDot Coinmarketcap 9 is in the position. So if we consider from here, we can say that Ethereum cannot be thrown behind the PolkaDot.And although it takes the place of etherium, it takes a lot of time.

There is no need for the two of them to compete. You have to know that the founder of dot comes from eth. I think they can be combined to become a better system. When dot was founded, eth even funded it.

Obviously, Polkadot will take some part of the audience of the crypto community, but its technological functionality is still not ideal and is not able to replace the Ethereum blockchain, unlike the Near protocol blockchain. This project has much more chances of getting ahead of the ETH in the future, or at least getting closer to it. The only thing that separates these 2 projects that are trying to keep up with the Ethereum is capitalization Dot and Near

I don't think it's the right time to compare Polkadot with Ethereum. We all know about Ethereum and are aware of its growth. I am certain to such an extent that Polkadot has a potential future and this will be an esteemed stage into what's to come. Nonetheless, to say that it tends to be the following Ethereum is really a misnomer in light of the fact that concerning me there isn't anything that can supplant Ethereum even the present moment that it is as yet influenced by the scourge of its own amazingly high exchange expense. Polkadot is a cryptocurrency that has recently entered the market and needs ample time to grow in popularity and usage. Ethereum, on the other hand, is an old cryptocurrency in the cryptocurrency market and has reached a strong position through market fluctuations. So I don't think there is any need for a replacement or comparative review between the two at the present time.

Polkadot is a network that was created to be able to connect blockchain networks with one another. Unlike the network on Bitcoin that operates alone, this crypto asset has a multi-chain network because it can join networks together. yes, even though this coin was founded by Parity Technologies, led by two former Ethereum executives, it still doesn't mean it can replace Ethereum, because apart from bitcoin, ethereum is one of the best coins.

By the way ethereum is not done yet, there are so many project ahead and it's too early to say polkadot will replace ethereum. Ethereum 2.0 is gonna launch soon after 6 years ethereum exist, does not rule out the possibility there will be ethereum 3.0 4.0 and so on in the future. The ethereum developers are great and they must have many good plannings ahead.

EOS didn't lack of marketing. it has gotten 4 billions money and it's cash. It doesn't make sense a company with 4 billions cash can't do a massive marketing. I think that you know nothing about this dude.
EOS was the worst DPOS chain. blockone was controlling everything. that's why so many people didn't even like EOS.

For something to be the next big thing, it means it is replacing another or beating the other. As for me, I would say there is nothing like the next Ethereum, we have been hearing that for a long time now but yet nothing. One of the things people failed to understand about Ethereum is that, their team of experts are always relentless and working hard, now take a look at the market, many people are of the opinion that Ethereum is leading the market right now into a bull market, do you know what it means for such to happen or for people to have such mindset? It means Ethereum is doing something great and exceptional.
To be frank, Polkadot is great as well, but I can't compare it to Ethereum, months ago people were saying BSC chain is the best because of low fee and gas, but what happened afterwards? Congestion and failed transactions, and now no one is saying anything about it again but moving to Polygon chain. So what all these says is that, every altcoin is the best in its own way, use case or line of operations, but there is one that surpasses them, and that is ETH.

Ethereum remains the top Altcoin and Polkadot is difficult to become the next Ethereum. What I say is something that in my opinion deserves to be analyzed for its veracity. Polkadot is a good coin, but it won't be the next Ethereum.

You got the point dude. Both must be co exist and there's no reason to compare DOT and ethereum. The founder of DOT was also a part of ethereum team member. The creation of DOT to bring a new blockchain with a new innovation like parachain. People should stop to talking if what will become the next ethereum. DOT aims to be an alternative for ethereum.
I see there's no developers who directly said if it will be replacing or something like that. This trend must be stopped

I have been waiting for the news for a very long time when there will be the first auctions for spare parachains. I heard that these projects will be added as parachains without a vote because they are very important to the ecosystem.

Polkadot <> Ethereum bridge
https://snowfork.substack.com/p/a-trustless-general-purpose-polkadot

Polkadot <> BTC bridge
https://polkadot.network/bitcoin-is-coming-to-polkadot/
https://interlay.io/

there are so many altcoin that say the next Ethereum, even though in my opinion none of them can become the next Ethereum, because until whenever Ethereum will remain a popular blockchain and be used by many projects, so no one can replace Ethereum in position 2 on coinmarketcap and become the next Ethereum.

The value of Polkadot transactions continues to increase and this shows that investor interest continues to increase. Everyone has their own perspective on which coin to be next ethereum but I think the coin that offers transaction speed with low fees will be the next ethereum coin

Polkadot is really a dead coin right now.
It had so many promises and developer announcement but after all one important point was: Polkadot suffered from huge inflation. Inflation really killed Polkadot, when no one invested in it anymore.

I made a prediction about it in June: Polkadot [DOT] is a bad investment because it has unlimited inflation! (https://bitcointalk.org/index.php?topic=5342048.0)

https://i.imgur.com/vXZuCYI.png
https://bisontrails.co/polkadot-token-economics/

Unfortunately, many people got a loss, when Polkadot's inflation was getting a big issue.
Because every time more coins are issued, Polkadot was losing value. Bitcoin for example instead, has a capped supply and a lot less coins were issued at Bitcoin, so Bitcoin performed much better.

I hope, people avoid Polkadot next time and buy instead Bitcoin, Ethereum or Avalanche, which are a much better store of value because of a capped supply.

What most excited from Polkadot become the next eth? I think not enough reason why have to said polkadot is the next eth because eth is greatest coins and now have higher price above $3k, Polkadot stuck on $24 but eth have raise more than $3k and very different price between polkadot and eth, better looking with other coin have close price with eth to compare not polkadot.

there are plenty of opinions from other people if you say so and so wish. I assume that your wishes and hopes will certainly not come true because the altcoin you are pairing with ethereum is not a competitor. I think it's very far between polka-dot and ethereum and polka-dot can never be the next ethereum.

yep, I also think DOT will do its own thing in this market. And we don't need to assign blockchain use cases on separate platforms. Its potential probably does not need to be discussed too much, the future of DOT is perfect.

unfortunately that is not possible. because one of the shortcomings of Polkadot is in its high inflation rate. although ethereum does not have a total supply but the inflation rate of ethereum is still at a reasonable limit. This is different from Polkadot which sets an inflation rate of 10% per year. this is one of the reasons DOT won't be the next ethereum. and for now there is not a single platform that can be said to be the next ethereum.

I am just like you learning about polkadol coin and as far as I know it is a development project, and improving the limitations of etherum, and all polkadot transactions will be run in parallel on the polkadot network. there are special features than etherum , and wed 3.0 are the former companions of ETH, what do you think in the future polkadot will be?

I also think that Polkadot is a very promising project. I believe that one day Polkadot will be as popular as Binance Smart Chain now. I am doubting if it will be able to compete with Ethereum, but it must be popular. It helps fresh projects that can't afford their own Blockchain. Within time they will make some improvement including making their wallets more convenient and it will be more popular then.