Best competitors to Ethereum?

[Abiky]

The biggest competitor of ethereum right now is NEO. EOS can be it's competitor in the future when it launches it's own blockchain. However, Tezos made some pretty big promises before their ICO, but after raising the money they just disappeared and are now fighting over the control of the money.

True. EOS hasn't been released yet, so it leaves NEO as the biggest competitor of Ethereum to date. NEO has managed to implement better features than Ethereum such as "staking" and a higher transaction throughput, to allow greater smart contract performance over its blockchain. However, Ethereum will adopt PoS soon, which will add a greater level of performance to its smart contracts, that will stay head-to-head against NEO for many years to come.

However, I believe that once EOS launches its mainnet, it may become the "Ethereum Killer" due to its unparalleled speeds and zero transaction costs. If it were to replace ETH in the future or not, it's yet to be seen, as ETH has experienced solid adoption from companies and individuals alike.

In the end, Ethereum might remain as the top smart contract platform on the market, while the others would simply become used as alternatives in the mainstream world. Just my opinion

[1714892012]

1714892012

[1714892012]

1714892012

[1714892012]

1714892012

[strauberyg]

Most probably NEO and EOS are the strongest competitors for ETH. Plus BOSCOIN will be an important competitor as well. They're all good ones. But ethereum's value should stay always good itself.

[strauberyg]

The most terrible competitor of ethereum is Bitcoin cash. The developers of bitcoin cash, in my opinion not a moment lost in thoughts on how to get around and become better. But it is better not to become likely, because Ethereum is the Creator of itself, and bitcoin cash is only a pathetic semblance of btc.

[Gontxi]

Which are the best competitors to Ethereum, and why do you think so?

(I know on top of my head that Cardano and IOTA try to challenge Ethereum,
although they still haven't proved much from my understanding?)

I think there are many, there are many altcoins that have advanced technology for now. moreover, in some new altcoins that are predicted to beat ethereum, such as eos, ripples are the most powerful compositor. but the fact until now ethereum remains the best.

[diepvien98712]

I think NEO could be such a competitor, offering rather quick and fast transaction. It is more used in the ICO transactions these day, so we will see how it grows in the future.

[mabell943]

The best competitors to the company of ethereum is the company of dodgecoin. Dodgecoin is one of the best alternative coins which is a great competitor in cryptocurrency that raise more profit and demands in this.

[Melnikof]

I think that the main token which should Eth holders a bit worried is EOS. if they do what they say they can then it might just destroy the dominance which Ethereum has in the smart contract platform.

EOS is a coin created by Vitalik Buterin and he could make it grow intensively and contest with Ethereum at any moment because it has the up-to-date technology and many cool partners!

[Nolimitz84]

Ethereum's competitor in this situation is NEO.This is a Chinese blockchain that will soon reach a new level in its characteristics.Recently, I pay attention to all ICO launched by China.In fact, they are very promising

[YCryptos]

As for Cordano, I agree with you, this platform can really be a competitor to Ethereum. But I don't agree with you about Iota, it's a completely different platform with completely different tasks, they can't compete they have to develop in parallel.

[Psynthax]

Ethereum's competitor in this situation is NEO.This is a Chinese blockchain that will soon reach a new level in its characteristics.Recently, I pay attention to all ICO launched by China.In fact, they are very promising

How about the regulation in China regarding ICO though? I heard many news mentioning that ICO is completely illegal in china because the possibility of an ICO to turns out to be fraud is high enough to make the chinese government
stop all kinds of ICO in order to save the money of their citizens going abroad? If that true that Chinese people still held an ICO through NEO, that kinda sounds a little weird to me, like breaking the regulation.

[Prosperityforall]

I think it is NEO. NEO is Ethereum, only with a special purpose: to create a smart economy. Ethereum is simply a platform for entrepreneurship, innovation and development. They occur in the direction that the creators of this platform ask. NEO has a purpose and they perfect their platform, seeing this goal in front of them.

[a123uxcz888]

I think NEO could be such a competitor, offering rather quick and fast transaction. It is more used in the ICO transactions these day, so we will see how it grows in the future.

[godspree]

I think that probably the strongest competitor of Ethereum is NEO. It is called "Chinese Ethereum". It supports more programming language than ethereum and the main part is that NEO supply is limited and in case of ethereum ,it has no cap on supply.

[rvlrshr]

NEM is greater than ETH Blockchain. Cheap, fast and has real use cases.

[minairia3]

NEO ofcourse. But EOS is catching up after raising by that huge amount given the fact that the project is really promising. It's not gonna be surprising if this would be the 2nd one day.

[Abiky]

NEM is greater than ETH Blockchain. Cheap, fast and has real use cases.

Yes. NEM has a lot of advanced features, and it's capable of running smart contracts easily. I wonder why it hasn't gained traction, especially since it’s much more scalable than Ethereum. NEM is much cheaper than Ethereum, and transaction fees are blazing fast. Better yet, it has a unique consensus algorithm which prevents the rich from becoming richer and it's highly efficient in energy consumption. And with its API, smart contracts are not deployed on the blockchain itself (unlike Ethereum) allowing developers to easily upgrades their dApps or implement bug fixes without disrupting the network.

However, it is up to the market to decide whenever NEM would be well-suited for smart contracts, or simply as a decentralized payments platform. Still, it can be considered a competitor against Ethereum, due to said features. There are other alternative smart contract platforms like EOS, Cardano, Lisk, Qtum, and NEO, but I think that Ethereum would remain as the top smart contract platform of choice for many years to come. Just my thoughts

[Exforgant]

I would say that Waves could be Ethereum’s competitor. Waves have accomplished just recently several issues such as partnership with governments - Boris Titov, Kazakhstan, Moscow Stock Exchange. They established partnership with Deloitte to help integrate big business to its platform. They made  easier  use on the platform to create new ICO's.

[naily]

now a lot of altcoin which I think also have good potential besides Ethereum, one of them is EOS and NEO, altcoin is in my opinion also has very good potential, even though the price is not as high as Ethereum, but altcoin has good price developments. i altcoin in the market can certainly rival the price of Ethereum, although it is not an easy thing, but nothing is impossible of course

[annajewel100]

I think NEO could be such a competitor, offering rather quick and fast transaction. It is more used in the ICO transactions these day, so we will see how it grows in the future.

[Abiky]

I would say that Waves could be Ethereum’s competitor. Waves have accomplished just recently several issues such as partnership with governments - Boris Titov, Kazakhstan, Moscow Stock Exchange. They established partnership with Deloitte to help integrate big business to its platform. They made  easier  use on the platform to create new ICO's.

Agree. Waves could be one of the strongest competitors in existence against Ethereum. Due to its features such as a decentralized exchange, token issuance, and more, it can be used as an alternative platform for ICOs just like Ethereum. The recent partnerships show that Waves is becoming stronger each day, and widely adopted in the mainstream world. While I'm not aware of Waves being able to execute smart contracts, its current features allow anyone to easily set up their own tokens for an easy ICO launch. The built-in DEX is extremely fast and responsive, allowing anyone to settle trades in real-time.

Other competitors against Ethereum would be Cardano, EOS, and NEO. They're strong in terms of development and innovation, and if they prove to become resilient and highly adopted by people in the mainstream world, they could easily beat Ethereum over the long term. The closest one to overcoming Ethereum would be EOS, simply because it provides a superior technology capable of scaling to millions of users without reductions in speed. With a zero-fee mechanism, smart contracts can be executed anytime without the fear of losing funds. This approach is brilliant IMO and it should only be a matter of time before the competition becomes fierce against the world's most popular smart contracts platform. Just my opinion